What does consolidation eliminations — pension expense mean?

The accounting adjustment to remove intercompany pension costs during financial consolidation.

How do you interpret consolidation eliminations — pension expense?

Changes reflect shifts in intercompany pension accounting policies or changes in the underlying pension obligations across business units.

How does consolidation eliminations — pension expense compare across companies?

Standard in large conglomerates with centralized pension plans; peers typically report this within corporate or elimination segments.

Valmont Industries VMI Consolidation Eliminations — Pension Expense

Discontinued — last reported Q1 '18

Similar metrics at other companies

OCConsolidation Eliminations — Pension And Other Postretirement Benefit Expense

$0—

FEConsolidation Eliminations — Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent

$0—

FEConsolidation Eliminations — Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax

-$3M+25.0%

OCConsolidation Eliminations — Defined Benefit Pension Plan Liabilities Noncurrent

$0—

WYConsolidation Eliminations — Othercomprehensiveincomelosspensionandotherpostretirementbenefitplansnetpriorservicecreditcostarisingduringperiodandamortizationofnetpriorservicecostrecognizedinnetperiodicpensioncostnetoftax

$0—

MOHConsolidation Eliminations — Total Costs & Expenses

-$331M+3.2%

Other financials

Income statement

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Revenue$1.0B+6.2%

Gross profit$316.9M+8.9%

Operating income$155.6M+21.3%

Net income$108.0M+23.8%

EPS (diluted)$5.51+27.5%

Balance sheet

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Cash & equivalents$160.2M-13.1%

Total debt$921.3M+6.9%

Total equity$1.7B+2.7%

Total assets$3.4B+1.8%

Cash flow

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Operating cash flow$103.5M+58.9%

CapEx$34.6M+14.0%

Free cash flow$68.9M+97.9%

Valuation

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Market cap$11.07B+36.4%

Enterprise value$11.83B+33.8%

P/E29.8×+6.5×

P/S2.7×+0.7×

Profitability

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Gross margin30.4%+0.2pp

Operating margin10.6%-2.2pp

Net margin8.9%+0.4pp

FCF margin8.3%-4.5pp

Returns & leverage

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Return on equity22.4%-0.5pp

Debt / equity0.5×0.0×

Current ratio2.4×+0.1×

Where this comes from

Reported directly by Valmont Industries in its filing.

Tagged under the XBRL concept us-gaap:PensionExpense.

The official record: Valmont Industries’s 10-Q, filed April 27, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — pension expense mean?: The accounting adjustment to remove intercompany pension costs during financial consolidation.
How do you interpret consolidation eliminations — pension expense?: Changes reflect shifts in intercompany pension accounting policies or changes in the underlying pension obligations across business units.
How does consolidation eliminations — pension expense compare across companies?: Standard in large conglomerates with centralized pension plans; peers typically report this within corporate or elimination segments.