XML 26 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED BALANCE SHEETS
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
USD ($)
Sep. 30, 2018
USD ($)
Dec. 31, 2017
USD ($)
Depreciation, Depletion and Amortization, Nonproduction $ 15,618 $ 47,321  
Other Accrued Liabilities, Current 102,489 102,489 $ 95,820
Current Assets:      
Cash and cash equivalents 142,760 142,760 117,953
Allowance for Doubtful Accounts Receivable, Current 25,272 25,272 21,313
Trade accounts receivable, net of allowance for doubtful accounts of $23,069 and $19,309 in 2014 and 2013, respectively 1,265,880 1,265,880 1,170,080
Accounts and Other Receivables, Net, Current 80,676 80,676 101,229
Inventories, net 926,768 926,768 956,148
Prepaid expenses and other current assets 90,415 90,415 63,439
Total current assets 2,506,499 2,506,499 2,408,849
Property, buildings and equipment, net of accumulated depreciation of $229,041 and $213,758 in 2014 and 2013, respectively 157,129 157,129 156,445
Intangible assets, net 334,026 334,026 367,104
Goodwill 1,755,292 1,755,292 1,771,877
Other assets 25,845 25,845 31,193
Total assets 4,778,791 4,778,791 4,735,468
Current Liabilities:      
Accounts payable 813,395 813,395 799,520
Accrued payroll and benefit costs 73,074 73,074 72,686
Short-term debt 31,125 31,125 34,075
Current portion of long-term debt 1,179 1,179 1,224
Total current liabilities 1,051,528 1,051,528 1,040,969
Long-term Debt, Excluding Current Maturities 1,229,314 1,229,314 1,313,261
Other noncurrent liabilities 119,064 119,064 128,237
Deferred Tax Liabilities, Net, Noncurrent 147,048 147,048 136,858
Total liabilities 2,546,954 2,546,954 2,619,325
Commitments and Contingencies
Bank Overdrafts 30,266 30,266 37,644
Stockholders' Equity:      
Preferred stock, $.01 par value; 20,000,000 shares authorized, no shares issued or outstanding 0 0 0
Additional capital 1,006,222 1,006,222 999,156
Retained earnings 2,249,327 2,249,327 2,079,697
Treasury stock, at cost; 18,247,467 and 18,179,275 shares in 2014 and 2013, respectively (669,212) (669,212) (647,158)
Accumulated other comprehensive income (349,619) (349,619) (312,590)
Total WESCO International stockholders' equity 2,231,837 2,231,837 2,116,143
Noncontrolling interest (5,516) (5,516) (3,596)
Total stockholders' equity 2,237,353 2,237,353 2,119,739
Total liabilities and stockholders' equity 4,778,791 4,778,791 4,735,468
Common Stock [Member]      
Stockholders' Equity:      
Common stock 592 592 591
Common Class B [Member]      
Stockholders' Equity:      
Common stock $ 43 $ 43 $ 43