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Tennant(TNC) - 2020 Q3 - Quarterly Report
2020-10-29 13:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to __________ Commission File Number 1-16191 ____________________________________ TENNANT COMPANY (Exact name of registrant as specified in its charter) ...
Tennant(TNC) - 2020 Q2 - Quarterly Report
2020-07-30 17:27
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to __________ Commission File Number 1-16191 ____________________________________ Securities registered pursuant to Section 12(b) of the Act: TENNANT COMPANY ...
Tennant(TNC) - 2020 Q1 - Quarterly Report
2020-05-06 13:44
Financial Performance - Consolidated Net Sales for Q1 2020 totaled $252.1 million, a 4.0% decrease from $262.5 million in Q1 2019[124] - Organic Net Sales decreased by approximately 2.4%, primarily due to declines in the EMEA and APAC regions, largely driven by the impact of COVID-19[124] - Gross Profit margin was 41.3%, a 10 basis point increase compared to Q1 2019, driven by pricing actions and cost-reduction initiatives[128] - Research and Development Expense was $7.4 million, or 2.9% of Net Sales, essentially flat compared to Q1 2019[130] - Selling and Administrative Expense decreased by $7.9 million to $82.3 million, with a percentage of Net Sales decreasing to 32.6% from 34.4% in Q1 2019[132] Cash Flow and Financial Position - Cash, Cash Equivalents, and Restricted Cash totaled $192.1 million at March 31, 2020, up from $74.6 million at December 31, 2019[140] - Operating Activities provided $8.7 million of cash for Q1 2020, driven by inflows from Net Earnings and a decrease in Accounts Receivables[141] - Net cash provided by financing activities was $123.0 million, primarily from credit facility borrowings of $125.0 million[143] - The debt-to-capital ratio increased to 56.5% as of March 31, 2020, compared to 48.5% at December 31, 2019[140] Tax and Accounting - The effective tax rate for Q1 2020 was 18.0%, compared to 17.7% in Q1 2019[137] - No new accounting pronouncements are expected to have a material impact on the company's results of operations or financial position[145] Risks and Forward-Looking Statements - The company faces various risks including the impacts of the COVID-19 pandemic and geopolitical uncertainties[146] - The company has no obligation to update or revise any forward-looking statements unless required by law[147] - There have been no material changes in the company's market risk since December 31, 2019[148]
Tennant(TNC) - 2019 Q4 - Annual Report
2020-02-27 22:24
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________. Commission File Number 001-16191 TENNANT COMPANY (Exact name of registrant as specified in its charter) | Minnesota | 41-0572550 | | --- ...
Tennant(TNC) - 2019 Q3 - Quarterly Report
2019-10-30 15:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 TENNANT COMPANY (Zip Code) For the quarterly period ended September 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to __________ (Exact name of registrant as specified in its charter) Minnesota 41-0572550 (State or other jurisdiction of inco ...
Tennant(TNC) - 2019 Q2 - Quarterly Report
2019-08-01 13:29
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to __________ Commission File Number 1-16191 ____________________________________ TENNANT COMPANY (Exact name of registrant as specified in its charter) Minne ...
Tennant(TNC) - 2019 Q1 - Quarterly Report
2019-04-30 20:14
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q TENNANT COMPANY (Exact name of registrant as specified in its charter) Minnesota 41-0572550 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 701 North Lilac Drive P.O. Box 1452 Minneapolis, Minnesota 55440 (Address of principal executive offices) (Zip Code) (763) 540-1200 (Registrant's telephone number, including area code) ______________________________________________ Indica ...
Tennant(TNC) - 2018 Q4 - Annual Report
2019-02-28 19:27
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-16191 TENNANT COMPANY (Exact name of registrant as specified in its charter) Minnesota 41-0572550 State or other jurisdiction of (I.R.S. Employer incorporation or organization Identification No.) 701 North Lilac Drive, P.O. Box 1452 Minneapolis, Minnesota 55440 (Address of principal executive offices) (Zip ...