Short answer
Lear Corp (LEA) filed its Q4 2016 10-Q quarterly report on Oct 26, 2016 for the quarter ended Oct 1, 2016.
Lear Corp Q4 2016 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $4,526.4M, up $196.1M YoY from $4,330.3M
- Net income attributable to Lear $214.4M vs $181.0M, effective tax rate 28.4% vs 29.3%
- Best segment: Seating revenue $3,513.3M, segment earnings $269.5M
- E-Systems revenue $1,013.1M, segment earnings $140.3M
- Nine-month operating cash flow $1,093.9M vs $686.0M, cash $1,341.6M, repurchases $557.7M
- Additional restructuring costs approximately $50M expected, fourth-quarter pension settlement charge estimated at $40M to $55M
Risk Factors
- No new risk factors disclosed, with the 10-Q directing readers to the 2015 10-K and July 2, 2016 10-Q updates
- Legal exposure: product liability, warranty and recall claims, with reserves of $48.3 million at October 1, 2016
- Operational risk: automotive production dependence, South America volumes down 16% year over year
- Financial risk: $1,475 million senior notes outstanding, with maturities from 2023 through 2025
- Currency risk: foreign-exchange derivatives totaling $2,012 million notional, with fair value of $(65) million
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Lear Corp quarterly reports
- Q3 2019 10-QFiled Oct 25, 2019
- Q3 2018 10-QFiled Oct 25, 2018
- Q2 2018 10-QFiled Jul 26, 2018
- Q1 2018 10-QFiled Apr 26, 2018
- Q3 2017 10-QFiled Oct 25, 2017
- Q3 2017 10-QFiled Jul 26, 2017
- Q2 2017 10-QFiled Apr 26, 2017
- Q3 2016 10-QFiled Jul 28, 2016
- Q3 2015 10-QFiled Oct 23, 2015
- Q3 2014 10-QFiled Oct 24, 2014
- Q2 2014 10-QFiled Jul 25, 2014
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