XML 60 R32.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Quarterly Financial Data (Unaudited) | 12 Months Ended
--- | ---
Jun. 30, 2014
Quarterly Financial Data (Unaudited) |
Quarterly Financial Data (Unaudited) | Quarterly Financial Data (Unaudited) Quarterly sales and earnings results are normally influenced by seasonal factors. Historically, the first two fiscal quarters (three months ending September 30 and December 31) are typically the lowest principally because of annual plant vacation and maintenance shutdowns by Carpenter and by many of its customers. However, the timing of major changes in the general economy or the markets for certain products can alter this pattern.
(dollars and shares in millions, except per share amounts) |  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |
Results of Operations |  |  |  |  |  |  |  |  |
Fiscal Year 2014 |  |  |  |  |  |  |  |  |
Net sales |  | $ | 498.6 |  | $ | 503.5 |  | $ | 566.3 |  | $ | 604.6 |
Gross profit |  | $ | 103.3 |  | $ | 95.4 |  | $ | 94.5 |  | $ | 105.6 |
Operating income |  | $ | 55.8 |  | $ | 47.5 |  | $ | 49.5 |  | $ | 59.2 |
Net income |  | $ | 34.6 |  | $ | 29.5 |  | $ | 30.6 |  | $ | 38.1 |
Net income attributable to Carpenter |  | $ | 34.6 |  | $ | 29.5 |  | $ | 30.6 |  | $ | 38.1 |
Fiscal Year 2013 |  |  |  |  |  |  |  |  |
Net sales |  | $ | 544.9 |  | $ | 533.5 |  | $ | 581.4 |  | $ | 611.8 |
Gross profit |  | $ | 109.3 |  | $ | 102.6 |  | $ | 101.0 |  | $ | 120.5 |
Operating income |  | $ | 61.6 |  | $ | 52.7 |  | $ | 53.0 |  | $ | 65.4 |
Net income |  | $ | 39.5 |  | $ | 33.2 |  | $ | 32.9 |  | $ | 40.9 |
Net income attributable to Carpenter |  | $ | 39.2 |  | $ | 33.0 |  | $ | 32.9 |  | $ | 40.9 |
Earnings per common share
Fiscal Year 2014 |  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |
Basic earnings |  | $ | 0.65 |  | $ | 0.55 |  | $ | 0.57 |  | $ | 0.71 |
Diluted earnings |  | $ | 0.65 |  | $ | 0.55 |  | $ | 0.57 |  | $ | 0.71 |
Fiscal Year 2013 |  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |
Basic earnings |  | $ | 0.74 |  | $ | 0.62 |  | $ | 0.62 |  | $ | 0.77 |
Diluted earnings |  | $ | 0.74 |  | $ | 0.62 |  | $ | 0.62 |  | $ | 0.77 |
Weighted average common shares outstanding (in millions) |  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |
Fiscal Year 2014 |  |  |  |  |  |  |  |  |
Basic |  | 53.1 |  | 53.2 |  | 53.3 |  | 53.4 |
Diluted |  | 53.4 |  | 53.6 |  | 53.7 |  | 53.8 |
Fiscal Year 2013 |  |  |  |  |  |  |  |  |
Basic |  | 52.8 |  | 52.9 |  | 52.9 |  | 52.9 |
Diluted |  | 53.2 |  | 53.3 |  | 53.2 |  | 53.3 |

X
- Details
Name: | us-gaap_QuarterlyFinancialDataAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=25249566&loc=d3e1280-108306 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
Name: | us-gaap_QuarterlyFinancialInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration