XML 66 R60.htm IDEA: XBRL DOCUMENT v2.4.0.6
Supplemental Subsidiary Guarantors (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Jan. 25, 2013
Jan. 27, 2012
Jul. 27, 2012
Oct. 26, 2012
Condensed Consolidating Statement of Income        
Net sales $ 1,149,877 $ 1,136,201    
Cost of sales 773,149 772,776    
Product development, selling and administrative expenses 157,281 171,356    
Other income (1,705) (21,677)    
Operating income (loss) 221,152 213,746    
Income (loss) from continuing operations before income taxes and equity 205,999 197,669    
Provision (benefit) for income taxes 63,860 55,150    
Income from continuing operations 142,139 142,410    
Income from continuing operations attributable to noncontrolling interest 0 (109)    
ASSETS        
Current assets 3,136,781     3,156,077
Property, plant and equipment, net 864,794     832,862
Total assets 6,176,798 6,166,536   6,142,503
LIABILITIES AND SHAREHOLDERS' EQUITY        
Current liabilities of discontinued operations 11,581     13,147
Long-term debt 1,294,200     1,306,625
Accrued pension costs 292,623     335,813
Other non-current liabilities 160,966     142,059
Total liabilities 3,464,249     3,565,314
Shareholders’ equity 2,712,549     2,577,189
Total liabilities and shareholders' equity 6,176,798     6,142,503
Condensed Consolidating Statement of Cash Flows        
Net cash (used) provided by operating activities of continuing operations 92,065 (14,144)    
Net cash used by operating activities of discontinued operations (1,571) (4,363)    
Net cash provided (used) by operating activities 90,494 (18,507)    
Investing Activities:        
Acquisition of controlling interest in International Mining Machinery, net of cash acquired 0 (513,761)    
Withdrawal of cash held in escrow 0 589,686    
Other, net 2,846 151    
Net cash (used) provided by investing activities (51,742) 26,641    
Net cash used by financing activities (31,210) (11,120)    
Effect of exchange rate changes on cash and cash equivalents (1,520) (2,089)    
Increase (Decrease) in Cash and Cash Equivalents 6,022 (5,075)    
Cash and Cash Equivalents at Beginning of Period 263,873 288,321 288,321  
Cash and Cash Equivalents at End of Period 269,895 283,246    
Parent Company Supplemental Subsidiary Guarantors [Member]
       
Condensed Consolidating Statement of Income        
Net sales 0   0  
Cost of sales 0   0  
Product development, selling and administrative expenses 12,802   26,995  
Other income 0   0  
Operating income (loss) (12,802)   (26,995)  
Intercompany items 31,120   14,723  
Interest income (expense), net (22,570)   (16,693)  
Income (loss) from continuing operations before income taxes and equity (4,252)   (28,965)  
Provision (benefit) for income taxes (9,276)   (13,242)  
Equity in income of subsidiaries 137,115   158,242  
Income from continuing operations 142,139   142,519  
Income from continuing operations attributable to noncontrolling interest     (109)  
Income from continuing operations attributable to Joy Global Inc.     142,410  
ASSETS        
Current assets 136,126     97,443
Property, plant and equipment, net 13,221     12,515
Intangible assets, net 0     0
Other assets 4,223,489     4,178,760
Total assets 4,372,836     4,288,718
LIABILITIES AND SHAREHOLDERS' EQUITY        
Current liabilities 111,417     106,207
Current liabilities of discontinued operations       0
Long-term debt 1,293,098     1,305,413
Accrued pension costs 279,112     322,310
Other non-current liabilities (23,340)     (22,401)
Total liabilities 1,660,287     1,711,529
Shareholders’ equity 2,712,549     2,577,189
Total liabilities and shareholders' equity 4,372,836     4,288,718
Condensed Consolidating Statement of Cash Flows        
Net cash (used) provided by operating activities of continuing operations 51,491 (19,035)    
Net cash used by operating activities of discontinued operations 0 0    
Net cash provided (used) by operating activities 51,491 (19,035)    
Investing Activities:        
Acquisition of controlling interest in International Mining Machinery, net of cash acquired   (589,686)    
Withdrawal of cash held in escrow   589,686    
Other, net   (1,641)    
Net cash (used) provided by investing activities (1,449) (1,641)    
Net cash used by financing activities (26,508) (6,799)    
Effect of exchange rate changes on cash and cash equivalents 0 0    
Increase (Decrease) in Cash and Cash Equivalents 23,534 (27,475)    
Cash and Cash Equivalents at Beginning of Period 3,459 100,181 100,181  
Cash and Cash Equivalents at End of Period 26,993 72,706    
Supplemental Subsidiary Guarantors [Member]
       
Condensed Consolidating Statement of Income        
Net sales 600,956   692,872  
Cost of sales 410,643   478,418  
Product development, selling and administrative expenses 74,117   80,815  
Other income 9,176   7,970  
Operating income (loss) 107,020   125,669  
Intercompany items (19,848)   (7,435)  
Interest income (expense), net 97   110  
Income (loss) from continuing operations before income taxes and equity 87,269   118,344  
Provision (benefit) for income taxes 57,046   47,334  
Equity in income of subsidiaries 89,958   57,563  
Income from continuing operations 120,181   128,573  
Income from continuing operations attributable to noncontrolling interest     0  
Income from continuing operations attributable to Joy Global Inc.     128,573  
ASSETS        
Current assets 1,131,131     1,129,867
Property, plant and equipment, net 378,880     374,324
Intangible assets, net 816,809     818,435
Other assets 2,546,838     2,517,019
Total assets 4,873,658     4,839,645
LIABILITIES AND SHAREHOLDERS' EQUITY        
Current liabilities 697,086     701,676
Current liabilities of discontinued operations       46,693
Long-term debt 1,102     1,212
Accrued pension costs 6,445     6,589
Other non-current liabilities 10,393     10,205
Total liabilities 715,026     766,375
Shareholders’ equity 4,158,632     4,073,270
Total liabilities and shareholders' equity 4,873,658     4,839,645
Condensed Consolidating Statement of Cash Flows        
Net cash (used) provided by operating activities of continuing operations 13,630 24,921    
Net cash used by operating activities of discontinued operations 0 0    
Net cash provided (used) by operating activities 13,630 24,921    
Investing Activities:        
Acquisition of controlling interest in International Mining Machinery, net of cash acquired   0    
Withdrawal of cash held in escrow   0    
Other, net   (31,635)    
Net cash (used) provided by investing activities (16,570) (31,635)    
Net cash used by financing activities (104) (100)    
Effect of exchange rate changes on cash and cash equivalents 0 0    
Increase (Decrease) in Cash and Cash Equivalents (3,044) (6,814)    
Cash and Cash Equivalents at Beginning of Period 6,628 16,152 16,152  
Cash and Cash Equivalents at End of Period 3,584 9,338    
Non-Guarantor Subsidiaries Supplemental Subsidiary Guarantors [Member]
       
Condensed Consolidating Statement of Income        
Net sales 877,521   767,315  
Cost of sales 621,120   548,820  
Product development, selling and administrative expenses 70,362   63,546  
Other income (10,881)   (29,647)  
Operating income (loss) 196,920   184,596  
Intercompany items (35,657)   (32,753)  
Interest income (expense), net 7,320   506  
Income (loss) from continuing operations before income taxes and equity 168,583   152,349  
Provision (benefit) for income taxes 16,090   21,058  
Equity in income of subsidiaries 0   0  
Income from continuing operations 152,493   131,291  
Income from continuing operations attributable to noncontrolling interest     (109)  
Income from continuing operations attributable to Joy Global Inc.     131,182  
ASSETS        
Current assets 2,074,611     2,149,820
Property, plant and equipment, net 472,693     446,023
Intangible assets, net 1,169,100     1,153,147
Other assets 1,973,029     1,814,876
Total assets 5,689,433     5,563,866
LIABILITIES AND SHAREHOLDERS' EQUITY        
Current liabilities 977,042     1,041,266
Current liabilities of discontinued operations       (33,546)
Long-term debt 0     0
Accrued pension costs 7,066     6,914
Other non-current liabilities 173,913     154,255
Total liabilities 1,158,021     1,168,889
Shareholders’ equity 4,531,412     4,394,977
Total liabilities and shareholders' equity 5,689,433     5,563,866
Condensed Consolidating Statement of Cash Flows        
Net cash (used) provided by operating activities of continuing operations 26,944 (20,030)    
Net cash used by operating activities of discontinued operations (1,571) (4,363)    
Net cash provided (used) by operating activities 25,373 (24,393)    
Investing Activities:        
Acquisition of controlling interest in International Mining Machinery, net of cash acquired   75,925    
Withdrawal of cash held in escrow   0    
Other, net   (16,008)    
Net cash (used) provided by investing activities (33,723) 59,917    
Net cash used by financing activities (4,598) (4,221)    
Effect of exchange rate changes on cash and cash equivalents (1,520) (2,089)    
Increase (Decrease) in Cash and Cash Equivalents (14,468) 29,214    
Cash and Cash Equivalents at Beginning of Period 253,786 171,988 171,988  
Cash and Cash Equivalents at End of Period 239,318 201,202    
Eliminations Supplemental Subsidiary Guarantors [Member]
       
Condensed Consolidating Statement of Income        
Net sales (328,600)   (323,986)  
Cost of sales (258,614)   (254,462)  
Product development, selling and administrative expenses 0   0  
Other income 0   0  
Operating income (loss) (69,986)   (69,524)  
Intercompany items 24,385   25,465  
Interest income (expense), net 0   0  
Income (loss) from continuing operations before income taxes and equity (45,601)   (44,059)  
Provision (benefit) for income taxes 0   0  
Equity in income of subsidiaries (227,073)   (215,805)  
Income from continuing operations (272,674)   (259,864)  
Income from continuing operations attributable to noncontrolling interest     109  
Income from continuing operations attributable to Joy Global Inc.     (259,755)  
ASSETS        
Current assets (205,087)     (221,053)
Property, plant and equipment, net 0     0
Intangible assets, net 0     0
Other assets (8,554,042)     (8,328,673)
Total assets (8,759,129)     (8,549,726)
LIABILITIES AND SHAREHOLDERS' EQUITY        
Current liabilities (69,085)     (81,479)
Current liabilities of discontinued operations       0
Long-term debt 0     0
Accrued pension costs 0     0
Other non-current liabilities 0     0
Total liabilities (69,085)     (81,479)
Shareholders’ equity (8,690,044)     (8,468,247)
Total liabilities and shareholders' equity (8,759,129)     (8,549,726)
Consolidated Supplemental Subsidiary Guarantors [Member]
       
Condensed Consolidating Statement of Income        
Net sales 1,149,877   1,136,201  
Cost of sales 773,149   772,776  
Product development, selling and administrative expenses 157,281   171,356  
Other income (1,705)   (21,677)  
Operating income (loss) 221,152   213,746  
Intercompany items 0   0  
Interest income (expense), net (15,153)   (16,077)  
Income (loss) from continuing operations before income taxes and equity 205,999   197,669  
Provision (benefit) for income taxes 63,860   55,150  
Equity in income of subsidiaries 0   0  
Income from continuing operations 142,139   142,519  
Income from continuing operations attributable to noncontrolling interest     (109)  
Income from continuing operations attributable to Joy Global Inc.     142,410  
ASSETS        
Current assets 3,136,781     3,156,077
Property, plant and equipment, net 864,794     832,862
Intangible assets, net 1,985,909     1,971,582
Other assets 189,314     181,982
Total assets 6,176,798     6,142,503
LIABILITIES AND SHAREHOLDERS' EQUITY        
Current liabilities 1,716,460     1,767,670
Current liabilities of discontinued operations       13,147
Long-term debt 1,294,200     1,306,625
Accrued pension costs 292,623     335,813
Other non-current liabilities 160,966     142,059
Total liabilities 3,464,249     3,565,314
Shareholders’ equity 2,712,549     2,577,189
Total liabilities and shareholders' equity 6,176,798     6,142,503
Condensed Consolidating Statement of Cash Flows        
Net cash (used) provided by operating activities of continuing operations 92,065 (14,144)    
Net cash used by operating activities of discontinued operations (1,571) (4,363)    
Net cash provided (used) by operating activities 90,494 (18,507)    
Investing Activities:        
Acquisition of controlling interest in International Mining Machinery, net of cash acquired   (513,761)    
Withdrawal of cash held in escrow   589,686    
Other, net   (49,284)    
Net cash (used) provided by investing activities (51,742) 26,641    
Net cash used by financing activities (31,210) (11,120)    
Effect of exchange rate changes on cash and cash equivalents (1,520) (2,089)    
Increase (Decrease) in Cash and Cash Equivalents 6,022 (5,075)    
Cash and Cash Equivalents at Beginning of Period 263,873 288,321 288,321  
Cash and Cash Equivalents at End of Period $ 269,895 $ 283,246