WESCO Earnings 2020-06-30

Balance Sheet	Income Statement	Cash Flow
Assets, Equity	Rev, G Profit, Net Income	Ops, Inv, Fin

wcc-20200630

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)


☑						QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2020


☐						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: 001-14989

WESCO International, Inc.

(Exact name of registrant as specified in its charter)

Delaware

25-1723342

(State or other jurisdiction of
incorporation or organization)

(I.R.S. Employer
Identification No.)

225 West Station Square Drive
Suite 700

15219

Pittsburgh,

Pennsylvania

(Zip Code)

(Address of principal executive offices)

(412) 454-2200

(Registrant's telephone number, including area code)

Not applicable.

(Former name, former address and former fiscal year, if changed since last report)

SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:

Title of Class

Trading Symbol(s)

Name of Exchange on which registered

Common Stock, par value $.01 per share

WCC

New York Stock Exchange

Depositary Shares, each representing a 1/1,00th interest in a share of Series A Fixed-Rate Reset Cumulative Perpetual Preferred Stock

WCC PR A

New York Stock Exchange

Preferred Share Purchase Rights

N/A

New York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for at least the past 90 days. Yes ☑ No ☐

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☑ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer

☑

Accelerated filer

☐

Non-accelerated filer

☐

Smaller reporting company

☐

Emerging growth company

☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☑

As of August 14, 2020, 50,042,547 shares of common stock, $0.01 par value, of the registrant were outstanding.

WESCO INTERNATIONAL, INC. AND SUBSIDIARIES

QUARTERLY REPORT ON FORM 10-Q

Table of Contents


			Page
PART I—FINANCIAL INFORMATION

Item 1. Financial Statements.			2

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations.			27

Item 3. Quantitative and Qualitative Disclosures About Market Risk.			41

Item 4. Controls and Procedures.			41

PART II—OTHER INFORMATION

Item 1. Legal Proceedings.			42

Item 1A. Risk Factors.			42

Item 6. Exhibits.			43

Signatures			45

WESCO INTERNATIONAL, INC. AND SUBSIDIARIES

PART I—FINANCIAL INFORMATION

Item 1. Financial Statements.

The interim financial information required by this item is set forth in the unaudited Condensed Consolidated Financial Statements and Notes thereto in this Quarterly Report on Form 10-Q, as follows:


			Page

Condensed Consolidated Balance Sheets (unaudited)			3
Condensed Consolidated Statements of (Loss) Income and Comprehensive Income (Loss) (unaudited)			4
Condensed Consolidated Statements of Cash Flows (unaudited)			5
Condensed Consolidated Statements of Stockholders' Equity (unaudited)			6
Notes to Condensed Consolidated Financial Statements (unaudited)			8

WESCO INTERNATIONAL, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands of dollars, except share data)

(unaudited)


	As of
Assets	June 30, 2020		December 31, 2019
Current assets:
Cash and cash equivalents	$	265,222	$	150,902
Trade accounts receivable, net of allowance for expected credit losses of $24,590 and $25,443 in 2020 and 2019, respectively	2,454,262		1,187,359
Other accounts receivable	192,799		98,029
Inventories	2,368,827		1,011,674
Prepaid expenses and other current assets	157,276		92,447
Total current assets	5,438,386		2,540,411
Property, buildings and equipment, net of accumulated depreciation of $278,916 and $268,415 in 2020 and 2019, respectively	403,072		181,448
Operating lease assets	549,762		235,834
Intangible assets, net (Note 5)	2,095,480		287,275
Goodwill	3,107,256		1,759,040
Other assets	138,058		13,627
Total assets	$	11,732,014	$	5,017,635
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$	1,660,094	$	830,478
Accrued payroll and benefit costs	119,725		49,508
Short-term debt and current portion of long-term debt	27,696		26,685
Other current liabilities	494,211		177,388
Total current liabilities	2,301,726		1,084,059
Long-term debt, net of debt discount and debt issuance costs of $96,322 and $8,876 in 2020 and 2019, respectively	5,068,549		1,257,067
Operating lease liabilities	430,273		179,830
Deferred income taxes	537,557		146,617
Other noncurrent liabilities	293,508		91,391
Total liabilities	$	8,631,613	$	2,758,964
Commitments and contingencies (Note 12)
Stockholders’ equity:
Preferred stock, $.01 par value; 20,000,000 shares authorized, no shares issued or outstanding	—		—
Preferred stock, Series A, $.01 par value; 25,000 shares authorized, 21,612 shares issued and outstanding in 2020 (Note 9)	—		—
Common stock, $.01 par value; 210,000,000 shares authorized, 67,562,199 and 59,308,018 shares issued and 50,042,436 and 41,797,093 shares outstanding in 2020 and 2019, respectively	676		593
Class B nonvoting convertible common stock, $.01 par value; 20,000,000 shares authorized, 4,339,431 issued and no shares outstanding in 2020 and 2019, respectively	43		43
Additional capital	1,933,241		1,039,347
Retained earnings	2,529,842		2,530,429
Treasury stock, at cost; 21,859,194 and 21,850,356 shares in 2020 and 2019, respectively	(937,515)		(937,157)
Accumulated other comprehensive loss	(418,889)		(367,772)
Total WESCO International, Inc. stockholders' equity	3,107,398		2,265,483
Noncontrolling interests	(6,997)		(6,812)
Total stockholders’ equity	3,100,401		2,258,671
Total liabilities and stockholders’ equity	$	11,732,014	$	5,017,635

The accompanying notes are an integral part of the condensed consolidated financial statements.

WESCO INTERNATIONAL, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF (LOSS) INCOME AND COMPREHENSIVE INCOME (LOSS)

(In thousands of dollars, except per share data)

(unaudited)


	Three Months Ended						Six Months Ended
	June 30						June 30
	2020		2019		2020		2019
Net sales (Note 3)	$	2,086,706	$	2,150,088	$	4,055,353	$	4,111,355
Cost of goods sold (excluding depreciation and amortization)	1,692,931		1,741,114		3,285,179		3,319,886
Selling, general and administrative expenses	359,750		295,842		659,143		592,370
Depreciation and amortization	18,755		15,182		34,848		30,424
Income from operations	15,270		97,950		76,183		168,675
Net interest and other	60,583		17,307		77,055		34,427
(Loss) income before income taxes	(45,313)		80,643		(872)		134,248
Income tax (benefit) expense	(10,854)		17,428		(587)		29,084
Net (loss) income	(34,459)		63,215		(285)		105,164
Less: Net income (loss) attributable to noncontrolling interests	47		(249)		(185)		(668)
Net (loss) income attributable to WESCO International, Inc.	(34,506)		63,464		(100)		105,832
Less: Preferred stock dividends	1,276		—		1,276		—
Net (loss) income attributable to common stockholders	$	(35,782)	$	63,464	$	(1,376)	$	105,832
Other comprehensive income (loss):
Foreign currency translation adjustments	42,734		20,244		(51,117)		42,763
Comprehensive income (loss) attributable to common stockholders	$	6,952	$	83,708	$	(52,493)	$	148,595

(Loss) earnings per share attributable to common stockholders
Basic	$	(0.84)	$	1.46	$	(0.03)	$	2.39
Diluted	$	(0.84)	$	1.45	$	(0.03)	$	2.37

The accompanying notes are an integral part of the condensed consolidated financial statements.

WESCO INTERNATIONAL, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands of dollars)

(unaudited)


	Six Months Ended
	June 30
	2020		2019
Operating activities:
Net (loss) income	$	(285)	$	105,164
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:
Depreciation and amortization	34,848		30,424
Deferred income taxes	1,062		1,983
Other operating activities, net	7,506		11,961
Changes in assets and liabilities:
Trade accounts receivable, net	29,302		(157,387)
Other accounts receivable	20,476		32,150
Inventories	55,431		(39,655)
Prepaid expenses and other assets	(28,078)		(7,710)
Accounts payable	(83,085)		62,484
Accrued payroll and benefit costs	1,701		(43,739)
Other current and noncurrent liabilities	93,810		(4,450)
Net cash provided by (used in) operating activities	132,688		(8,775)

Investing activities:
Capital expenditures	(27,163)		(21,402)
Acquisition payments, net of cash acquired (Note 4)	(3,708,325)		(27,742)
Other investing activities	7,533		(1,155)
Net cash used in investing activities	(3,727,955)		(50,299)

Financing activities:
Repayments of short-term debt, net	(10,526)		(29,300)
Proceeds from issuance of long-term debt	4,391,782		883,508
Repayments of long-term debt	(580,619)		(654,274)
Repurchases of common stock (Note 7)	(2,025)		(152,722)
Debt issuance costs	(79,490)		—
Other financing activities, net	(6,115)		2,803
Net cash provided by financing activities	3,713,007		50,015

Effect of exchange rate changes on cash and cash equivalents	(3,420)		(66)

Net change in cash and cash equivalents	114,320		(9,125)
Cash and cash equivalents at the beginning of period	150,902		96,343
Cash and cash equivalents at the end of period	$	265,222	$	87,218
Supplemental disclosures:
Cash paid for interest	$	29,828	$	32,787
Cash paid for income taxes	$	9,894	$	35,329
Right-of-use assets obtained in exchange for new operating lease liabilities	$	73,137	$	26,731

The accompanying notes are an integral part of the condensed consolidated financial statements.

WESCO INTERNATIONAL, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY

(In thousands of dollars, except shares)

(unaudited)


																			Accumulated Other
				Class B					Series A							Retained					Comprehensive
	Common Stock					Common Stock				Preferred Stock						Additional	Earnings		Treasury Stock			Noncontrolling	Income
	Amount		Shares	Amount		Shares	Amount		Shares	Capital		(Deficit)		Amount		Shares	Interests		(Loss)
Balance, December 31, 2019	$	593	59,308,018	$	43	4,339,431	$	—	—	$	1,039,347	$	2,530,429	$	(937,157)	(21,850,356)	$	(6,812)	$	(367,772)
Exercise of stock-based awards	1		105,620							(39)				79		2,020
Stock-based compensation expense										4,626
Tax withholding related to vesting of restricted stock units and retirement of common stock	—		(31,680)							(2,297)		761
Noncontrolling interests																	(232)
Net income attributable to WESCO												34,407
Translation adjustments																			(93,851)
Balance, March 31, 2020	$	594	59,381,958	$	43	4,339,431	$	—	—	$	1,041,637	$	2,565,597	$	(937,078)	(21,848,336)	$	(7,044)	$	(461,623)
Exercise of stock-based awards	—		30,665							—				(437)		(10,858)
Stock-based compensation expense										4,901
Tax withholding related to vesting of restricted stock units and retirement of common stock	—		(652)							(37)		27
Capital stock issuance	82		8,150,228				—		21,612	886,740
Noncontrolling interests																	47
Net loss attributable to WESCO												(34,506)
Preferred stock dividends												(1,276)
Translation adjustments																			42,734
Balance, June 30, 2020	$	676	67,562,199	$	43	4,339,431	$	—	21,612	$	1,933,241	$	2,529,842	$	(937,515)	(21,859,194)	$	(6,997)	$	(418,889)

The accompanying notes are an integral part of the condensed consolidated financial statements.

WESCO INTERNATIONAL, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY

(In thousands of dollars, except shares)

(unaudited)


																			Accumulated Other
				Class B					Series A							Retained					Comprehensive
	Common Stock					Common Stock				Preferred Stock						Additional	Earnings		Treasury Stock			Noncontrolling	Income
	Amount		Shares	Amount		Shares	Amount		Shares	Capital		(Deficit)		Amount		Shares	Interests		(Loss)
Balance, December 31, 2018	$	592	59,157,696	$	43	4,339,431	$	—	—	$	993,666	$	2,307,462	$	(758,018)	(18,391,042)	$	(5,584)	$	(408,435)
Exercise of stock-based awards	1		156,760							(90)				(54)		(184)
Stock-based compensation expense										4,665
Repurchases of common stock										19,144				(19,144)		(365,272)
Tax withholding related to vesting of restricted stock units and retirement of common stock	—		(42,564)							(1,822)		(531)
Noncontrolling interests																	(419)
Net income attributable to WESCO												42,369
Translation adjustments																			22,517
Balance, March 31, 2019	$	593	59,271,892	$	43	4,339,431	$	—	—	$	1,015,563	$	2,349,300	$	(777,216)	(18,756,498)	$	(6,003)	$	(385,918)
Exercise of stock-based awards	—		20,831							6				(157)		(3,029)
Stock-based compensation expense										5,150
Repurchases of common stock										(22,500)				(127,500)		(2,394,816)
Tax withholding related to vesting of restricted stock units and retirement of common stock	—		(19)							(1)		4
Noncontrolling interests																	(249)
Net income attributable to WESCO												63,464
Translation adjustments																			20,244
Balance, June 30, 2019	$	593	59,292,704	$	43	4,339,431	$	—	—	$	998,218	$	2,412,768	$	(904,873)	(21,154,343)	$	(6,252)	$	(365,674)

The accompanying notes are an integral part of the condensed consolidated financial statements.

WESCO INTERNATIONAL, INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited)

1. ORGANIZATION

WESCO International, Inc. ("WESCO International") and its subsidiaries (collectively, “WESCO” or the "Company"), headquartered in Pittsburgh, Pennsylvania, is a leading provider of business-to-business distribution, logistics services and supply chain solutions.

On June 22, 2020, WESCO completed its previously announced acquisition of Anixter International Inc., a Delaware corporation (“Anixter”). Pursuant to the terms of the Agreement and Plan of Merger, dated as of January 10, 2020 (the “Merger Agreement”), by and among Anixter, WESCO and Warrior Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of WESCO (“Merger Sub”), Merger Sub was merged with and into Anixter (the “Merger”), with Anixter surviving the Merger and continuing as a wholly owned subsidiary of WESCO.

2. ACCOUNTING POLICIES

Basis of Presentation

The accompanying unaudited Condensed Consolidated Financial Statements of WESCO have been prepared in accordance with Rule 10-01 of Regulation S-X of the Securities and Exchange Commission (the “SEC”). The unaudited condensed consolidated financial information should be read in conjunction with the audited Consolidated Financial Statements and Notes thereto included in WESCO’s 2019 Annual Report on Form 10-K as filed with the SEC on February 24, 2020. The Condensed Consolidated Balance Sheet at December 31, 2019 was derived from the audited Consolidated Financial Statements as of that date, but does not include all of the disclosures required by accounting principles generally accepted in the United States of America.

The unaudited Condensed Consolidated Balance Sheet as of June 30, 2020, the unaudited Condensed Consolidated Statements of (Loss) Income and Comprehensive Income (Loss), the unaudited Condensed Consolidated Statements of Stockholders' Equity for the three and six months ended June 30, 2020 and 2019, and the unaudited Condensed Consolidated Statements of Cash Flows for the six months ended June 30, 2020 and 2019, respectively, in the opinion of management, have been prepared on the same basis as the audited Consolidated Financial Statements and include all adjustments necessary for the fair statement of the results of the interim periods presented herein. All adjustments reflected in the unaudited condensed consolidated financial information are of a normal recurring nature unless indicated. The results for the interim periods presented herein are not necessarily indicative of the results to be expected for the full year.

As described further in Note 14, the Company's reportable segments changed as of the effective date of the Merger. For the quarterly period ended June 30, 2020, Anixter's results of operations beginning on June 22, 2020 are presented herein as a separate reportable segment.

Reclassifications

The Condensed Consolidated Balance Sheet as of December 31, 2019 and the unaudited Condensed Consolidated Statement of Cash Flows for the six months ended June 30, 2019 include certain reclassifications to previously reported amounts to conform to the current period presentation.

Recently Adopted Accounting Pronouncements

In June 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which introduced new guidance for the accounting for credit losses on certain financial instruments. The Company adopted this ASU effective January 1, 2020. The adoption of this new credit loss guidance did not have a material impact on the unaudited condensed consolidated financial statements and notes thereto presented herein, and WESCO does not expect it to have a material impact on its financial position or results of operation on an ongoing basis.

In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement, which amends the disclosure requirements for recurring and nonrecurring fair value measurements by removing, modifying and adding certain disclosures. The Company adopted this ASU in the first quarter of 2020. The adoption of this guidance did not have a material impact on the unaudited condensed consolidated financial statements and notes thereto presented herein.

WESCO INTERNATIONAL, INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS—(CONTINUED)

(unaudited)

Recently Issued Accounting Pronouncements

In August 2018, the FASB issued ASU 2018-14, Compensation—Retirement Benefits—Defined Benefit Plans—General (Subtopic 715-20): Disclosure Framework—Changes to the Disclosure Requirements for Defined Benefit Plans, which amends the disclosure requirements for all employers that sponsor defined benefit pension and other post retirement plans by removing and adding certain disclosures. The amendments in this ASU are effective for fiscal years ending after December 15, 2020. Early adoption is permitted. Management does not expect the adoption of this accounting standard to have a material impact on its condensed consolidated financial statements and notes thereto.

In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, which removes certain exceptions to the general principles of Accounting Standards Codification Topic 740, Income Taxes, and simplifies other aspects of accounting for income taxes. The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. Early adoption is permitted in any interim or annual period, with any adjustments reflected as of the beginning of the fiscal year of adoption. Management does not expect the adoption of this accounting standard to have a material impact on its condensed consolidated financial statements and notes thereto.

In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting, which provides optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. The amendments in this Update are effective for all entities as of March 12, 2020 through December 31, 2022. Management is currently evaluating the impact related to the replacement of London Interbank Offered Rate (LIBOR) and whether the Company will elect the adoption of the optional guidance.

Other pronouncements issued by the FASB or other authoritative accounting standards groups with future effective dates are either not applicable or are not expected to be significant to WESCO’s financial position, results of operations or cash flows.

3. REVENUE

WESCO distributes products and provides services to customers globally within the following end markets: (1) industrial, (2) construction, (3) utility, and (4) commercial, institutional and government. Revenue is measured as the amount of consideration WESCO expects to receive in exchange for transferring goods or providing services.

The following tables disaggregate WESCO’s revenue by end market and geography:

Three Months Ended

Six Months Ended

Price	46.83	EPS	5
Shares	44	P/E	9
MCap	2,056	P/FCF	18
Net Debt	1,209	EBIT	327
TEV	3,264	TEV/EBIT	10
TTM 2019-09-30, in MM, except price, ratios

10-Q	2020-06-30	Filed 2020-08-17
10-Q	2020-03-31	Filed 2020-05-01
10-K	2019-12-31	Filed 2020-02-24
10-Q	2019-09-30	Filed 2019-11-01
10-Q	2019-06-30	Filed 2019-08-02
10-Q	2019-03-31	Filed 2019-05-03
10-K	2018-12-31	Filed 2019-02-27
10-Q	2018-09-30	Filed 2018-11-02
10-Q	2018-06-30	Filed 2018-08-03
10-Q	2018-03-31	Filed 2018-05-04
10-K	2017-12-31	Filed 2018-02-22
10-Q	2017-09-30	Filed 2017-11-03
10-Q	2017-06-30	Filed 2017-08-04
10-Q	2017-03-31	Filed 2017-05-05
10-K	2016-12-31	Filed 2017-02-22
10-Q	2016-09-30	Filed 2016-11-04
10-Q	2016-06-30	Filed 2016-08-08
10-Q	2016-03-31	Filed 2016-05-06
10-K	2015-12-31	Filed 2016-02-22
10-Q	2015-09-30	Filed 2015-10-30
10-Q	2015-06-30	Filed 2015-07-31
10-Q	2015-03-31	Filed 2015-05-04
10-K	2014-12-31	Filed 2015-02-24
10-Q	2014-09-30	Filed 2014-11-03
10-Q	2014-06-30	Filed 2014-08-04
10-Q	2014-03-31	Filed 2014-05-06
10-K	2013-12-31	Filed 2014-02-21
10-Q	2013-09-30	Filed 2013-10-29
10-Q	2013-06-30	Filed 2013-08-07
10-Q	2013-03-31	Filed 2013-05-06
10-K	2012-12-31	Filed 2013-03-01
10-Q	2012-09-30	Filed 2012-11-01
10-Q	2012-06-30	Filed 2012-08-02
10-Q	2012-03-31	Filed 2012-05-03
10-K	2011-12-31	Filed 2012-02-22
10-Q	2011-09-30	Filed 2011-11-01
10-Q	2011-06-30	Filed 2011-08-03
10-Q	2011-03-31	Filed 2011-05-03
10-K	2010-12-31	Filed 2011-02-25
10-Q	2010-09-30	Filed 2010-11-02
10-Q	2010-06-30	Filed 2010-08-04
10-Q	2010-03-31	Filed 2010-05-06
10-K	2009-12-31	Filed 2010-02-26

8-K	2020-08-13	Earnings, Regulation FD, Exhibits
8-K	2020-08-06	Regulation FD, Exhibits
8-K	2020-07-24	Other Events, Exhibits
8-K	2020-07-17	Enter Agreement, Shareholder Rights, Shareholder Rights, Amend Bylaw, Other Events, Exhibits
8-K	2020-06-23
8-K	2020-06-22
8-K	2020-06-22
8-K	2020-06-22
8-K	2020-06-16
8-K	2020-06-12
8-K	2020-06-01
8-K	2020-05-29
8-K	2020-05-29
8-K	2020-05-28
8-K	2020-05-26
8-K	2020-05-14
8-K	2020-04-30
8-K	2020-04-30
8-K	2020-04-09
8-K	2020-03-18
8-K	2020-03-11
8-K	2020-03-09
8-K	2020-03-03
8-K	2020-02-28
8-K	2020-01-30
8-K	2020-01-10
8-K	2020-01-09
8-K	2020-01-03
8-K	2019-12-26
8-K	2019-12-26
8-K	2019-10-31
8-K	2019-10-01
8-K	2019-09-30
8-K	2019-09-30
8-K	2019-08-01
8-K	2019-06-13
8-K	2019-05-31
8-K	2019-05-02
8-K	2019-02-19
8-K	2019-01-31
8-K	2018-11-01
8-K	2018-08-02
8-K	2018-08-02
8-K	2018-06-11
8-K	2018-06-01
8-K	2018-05-23
8-K	2018-04-26
8-K	2018-03-07
8-K	2018-02-01

EX-10.1	wcc-2q20ex101.htm
EX-10.2	wcc-2q20ex102.htm
EX-10.3	wcc-2q20ex103.htm
EX-10.4	wcc-2q20ex104.htm
EX-31.1	wcc-2q20ex311.htm
EX-31.2	wcc-2q20ex312.htm
EX-32.1	wcc-2q20ex321.htm
EX-32.2	wcc-2q20ex322.htm

WCC 10Q Quarterly Report

WESCO Earnings 2020-06-30