XML 44 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Current Assets    
Cash and cash equivalents $ 50,674us-gaap_CashAndCashEquivalentsAtCarryingValue $ 33,758us-gaap_CashAndCashEquivalentsAtCarryingValue
Trade receivables (less allowances of $6,896 and $7,073, respectively) 853,937us-gaap_AccountsReceivableNetCurrent 920,796us-gaap_AccountsReceivableNetCurrent
Merchandise inventory 499,783us-gaap_InventoryNet 461,139us-gaap_InventoryNet
Other current assets 33,340us-gaap_OtherAssetsCurrent 44,711us-gaap_OtherAssetsCurrent
Total Current Assets 1,437,734us-gaap_AssetsCurrent 1,460,404us-gaap_AssetsCurrent
Property, at cost    
Land 77,801us-gaap_Land 67,879us-gaap_Land
Buildings 437,171us-gaap_BuildingsAndImprovementsGross 429,406us-gaap_BuildingsAndImprovementsGross
Furniture and fixtures 259,244us-gaap_FurnitureAndFixturesGross 253,918us-gaap_FurnitureAndFixturesGross
Software 84,834us-gaap_CapitalizedComputerSoftwareGross 84,488us-gaap_CapitalizedComputerSoftwareGross
Capital leases 29,893us-gaap_CapitalLeasedAssetsGross 25,135us-gaap_CapitalLeasedAssetsGross
Total Property, at cost 888,943us-gaap_PropertyPlantAndEquipmentGross 860,826us-gaap_PropertyPlantAndEquipmentGross
Less – accumulated depreciation and amortization (457,598)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment (452,163)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
Net Property 431,345us-gaap_PropertyPlantAndEquipmentNet 408,663us-gaap_PropertyPlantAndEquipmentNet
Other Non-current Assets 65,029us-gaap_OtherAssetsNoncurrent 70,046us-gaap_OtherAssetsNoncurrent
Total Assets 1,934,108us-gaap_Assets 1,939,113us-gaap_Assets
Current Liabilities    
Short-term borrowings 95,820us-gaap_ShortTermBorrowings 66,342us-gaap_ShortTermBorrowings
Current portion of long-term debt 7,777us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent 6,241us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
Trade accounts payable 701,610us-gaap_AccountsPayableCurrent 726,632us-gaap_AccountsPayableCurrent
Accrued payroll and benefit costs 103,827us-gaap_EmployeeRelatedLiabilitiesCurrent 127,191us-gaap_EmployeeRelatedLiabilitiesCurrent
Other accrued taxes 19,491us-gaap_AccrualForTaxesOtherThanIncomeTaxesCurrent 18,300us-gaap_AccrualForTaxesOtherThanIncomeTaxesCurrent
Other current liabilities 73,202us-gaap_OtherLiabilitiesCurrent 69,148us-gaap_OtherLiabilitiesCurrent
Total Current Liabilities 1,001,727us-gaap_LiabilitiesCurrent 1,013,854us-gaap_LiabilitiesCurrent
Postretirement Benefits Liability 70,009us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent 69,565us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
Pension Liability 135,287us-gaap_DefinedBenefitPensionPlanLiabilitiesNoncurrent 140,981us-gaap_DefinedBenefitPensionPlanLiabilitiesNoncurrent
Long-term Debt 11,707us-gaap_LongTermDebtAndCapitalLeaseObligations 11,595us-gaap_LongTermDebtAndCapitalLeaseObligations
Other Non-current Liabilities 25,094us-gaap_OtherLiabilitiesNoncurrent 21,137us-gaap_OtherLiabilitiesNoncurrent
Total Liabilities 1,243,824us-gaap_Liabilities 1,257,132us-gaap_Liabilities
SHAREHOLDERS’ EQUITY    
Outstanding Common Stock 320,906us-gaap_CommonStockValueOutstanding 317,199us-gaap_CommonStockValueOutstanding
Advance Payments on Subscriptions to Common Stock 468us-gaap_CommonStockSharesSubscriptions 0us-gaap_CommonStockSharesSubscriptions
Retained Earnings 521,317us-gaap_RetainedEarningsAccumulatedDeficit 513,672us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated Other Comprehensive Loss (155,431)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (152,193)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total Graybar Electric Company, Inc. Shareholders’ Equity 687,260us-gaap_StockholdersEquity 678,678us-gaap_StockholdersEquity
Noncontrolling Interests 3,024us-gaap_MinorityInterest 3,303us-gaap_MinorityInterest
Total Shareholders’ Equity 690,284us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 681,981us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total Liabilities and Shareholders’ Equity $ 1,934,108us-gaap_LiabilitiesAndStockholdersEquity $ 1,939,113us-gaap_LiabilitiesAndStockholdersEquity