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ALLEAllegion

Industrials · Security Services · NYSE
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SEC comment letters, last 20 years

1 review of ALLE's filings by SEC staff

UPLOAD and CORRESP
ReviewsRead ↓
1
latest letter 2020-09-17
Questions asked
3
each answered in the company's own letter
No closing letter
0
reviews without a letter saying the staff completed it

When the SEC's staff reviews a filing, it writes to the company with numbered questions, and the company answers each one in a letter. SEC publishes the exchange once the review is over, at least 20 business days later. A question is not an accusation; most reviews end with the company adding detail to its next filing.

Form 10-K for the Fiscal Year Ended December 31, 2019

2020-09-17 to 2020-09-24 · 3 questions · 1 letter from the SEC, 0 from the company
Review closed 2020-09-24
Results discussion (MD&A)Income taxesLiquidity and cashDebtNon-GAAP measures
SEC letter of 2020-09-17 ↗ no reply letter on EDGAR
Item 7. Management's Discussion and Analysis of Financial Condition and Results of · Operations, page 27
SEC asked (1)
Reference is made to your disclosure on page F-37 that your income tax valuation allowance decreased $118.6 million in fiscal 2019. Please tell us the impact this decrease had on net earnings and explain to us why it isn't discussed in Item 7.
ALLE answered

No reply letter found.

In its next report

First report after the SEC's letter of 2020-09-17: 10-Q filed 2020-10-22 ↗, against the 10-Q filed 2020-07-23 ↗.

Tickdelta does not hold the text of both reports, so they are not compared here.

Consolidated Financial Statements · Note 9 - Debt and Credit Facilities, page F-16
SEC asked (2)
Reference is made to the first paragraph on page F-17 where you disclose that the Credit Facilities require you to comply with a maximum leverage ratio. Please tell us your consideration of disclosing the maximum ratio, your ratio as of December 31, 2019 and the amount of retained earnings or net income restricted or free of restrictions.
Rest of the question

Further, please tell us your consideration of providing disclosure about the dividend restrictions imposed by the Irish Companies Act as discussed on page 24. Refer to Rule 4-08(e)(1) of Regulation S-X.

ALLE answered

No reply letter found.

In its next report

First report after the SEC's letter of 2020-09-17: 10-Q filed 2020-10-22 ↗, against the 10-Q filed 2020-07-23 ↗.

Tickdelta does not hold the text of both reports, so they are not compared here.

Form 8-K Filed February 18, 2020 · Exhibit 99.1, page 2
SEC asked (3)
Reference is made to your disclosure of 2020 expected earnings per share as adjusted. In future filings, please provide a reconciliation (by schedule or other clearly understandable method), which shall be quantitative, to the extent available without unreasonable efforts of the differences between the non-GAAP financial measure with the most directly comparable financial measure or measures calculated and presented
Rest of the question

in accordance with GAAP. Refer to Item 10(e)(i)(B) of Regulation S-K.

ALLE answered

No reply letter found.

In its next report

First report after the SEC's letter of 2020-09-17: 10-Q filed 2020-10-22 ↗, against the 10-Q filed 2020-07-23 ↗.

Tickdelta does not hold the text of both reports, so they are not compared here.

Also in this review: closing letter, 2020-09-24

Other letters

Letters without questions

UPLOAD and CORRESP
1 other letter: notices that a filing will not be reviewed, requests to declare a registration effective, and the like
  • 2019-12-31 · ALLE: letter to the SEC · Allegion plc · Form 10-K for the Fiscal Year Ended December 31, 2019 · Filed February...

From the SEC's correspondence on EDGAR: staff letters (form UPLOAD) and company letters (form CORRESP), 8 letters filed since 2017-06-26. Questions and answers are matched by their numbers; topics come from words in each question. The reports are compared word for word (same form, before the first SEC letter against the first report after the company's reply). No AI.

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