2013 Q1 Form 10-Q Financial Statement

#000071203413000030 Filed on May 08, 2013

View on sec.gov

Income Statement

Concept 2013 Q1 2012 Q1
Revenue $352.0M $288.9M
YoY Change 21.84% -3.18%
Cost Of Revenue $255.3M $209.1M
YoY Change 22.09% -1.92%
Gross Profit $97.20M $79.80M
YoY Change 21.8% -6.34%
Gross Profit Margin 27.61% 27.62%
Selling, General & Admin $89.60M $68.20M
YoY Change 31.38% -2.99%
% of Gross Profit 92.18% 85.46%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.900M $6.100M
YoY Change 62.3% -30.68%
% of Gross Profit 10.19% 7.64%
Operating Expenses $105.9M $75.80M
YoY Change 39.71% 5.28%
Operating Profit -$9.200M $4.000M
YoY Change -330.0% -69.92%
Interest Expense $15.70M $19.10M
YoY Change -17.8% -206.11%
% of Operating Profit 477.5%
Other Income/Expense, Net $100.0K $200.0K
YoY Change -50.0% 0.0%
Pretax Income -$23.50M -$13.40M
YoY Change 75.37% 197.78%
Income Tax -$14.60M $3.900M
% Of Pretax Income
Net Earnings -$9.000M -$17.40M
YoY Change -48.28% 114.81%
Net Earnings / Revenue -2.56% -6.02%
Basic Earnings Per Share -$0.08 -$0.31
Diluted Earnings Per Share -$0.08 -$0.31
COMMON SHARES
Basic Shares Outstanding 113.3M shares 55.50M shares
Diluted Shares Outstanding 113.3M shares 55.50M shares

Balance Sheet

Concept 2013 Q1 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $102.1M $74.20M
YoY Change 37.6% 272.86%
Cash & Equivalents $102.1M $74.20M
Short-Term Investments
Other Short-Term Assets $50.80M $42.80M
YoY Change 18.69% -8.15%
Inventory $288.1M $202.8M
Prepaid Expenses
Receivables $307.2M $235.1M
Other Receivables $0.00 $0.00
Total Short-Term Assets $775.9M $554.9M
YoY Change 39.83% -2.13%
LONG-TERM ASSETS
Property, Plant & Equipment $269.8M $142.6M
YoY Change 89.2% -12.3%
Goodwill $590.6M
YoY Change
Intangibles $639.9M
YoY Change
Long-Term Investments
YoY Change
Other Assets $82.30M $81.40M
YoY Change 1.11% 2.39%
Total Long-Term Assets $1.625B $490.0M
YoY Change 231.63% -7.06%
TOTAL ASSETS
Total Short-Term Assets $775.9M $554.9M
Total Long-Term Assets $1.625B $490.0M
Total Assets $2.401B $1.045B
YoY Change 129.77% -4.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $148.0M $98.00M
YoY Change 51.02% -4.39%
Accrued Expenses $125.3M $70.70M
YoY Change 77.23% -13.89%
Deferred Revenue
YoY Change
Short-Term Debt $600.0K $0.00
YoY Change
Long-Term Debt Due $700.0K $200.0K
YoY Change 250.0% 0.0%
Total Short-Term Liabilities $358.1M $243.1M
YoY Change 47.31% -11.24%
LONG-TERM LIABILITIES
Long-Term Debt $1.050B $669.0M
YoY Change 57.0% -8.05%
Other Long-Term Liabilities $81.40M $114.2M
YoY Change -28.72% 32.33%
Total Long-Term Liabilities $1.132B $783.2M
YoY Change 44.5% -3.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $358.1M $243.1M
Total Long-Term Liabilities $1.132B $783.2M
Total Liabilities $1.768B $1.113B
YoY Change 58.8% -4.95%
SHAREHOLDERS EQUITY
Retained Earnings -$1.231B
YoY Change
Common Stock $1.100M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.400M
YoY Change
Treasury Stock Shares
Shareholders Equity $633.1M -$68.30M
YoY Change
Total Liabilities & Shareholders Equity $2.401B $1.045B
YoY Change 129.77% -4.51%

Cashflow Statement

Concept 2013 Q1 2012 Q1
OPERATING ACTIVITIES
Net Income -$9.000M -$17.40M
YoY Change -48.28% 114.81%
Depreciation, Depletion And Amortization $9.900M $6.100M
YoY Change 62.3% -30.68%
Cash From Operating Activities $85.70M -$45.00M
YoY Change -290.44% -25.0%
INVESTING ACTIVITIES
Capital Expenditures $7.300M $2.000M
YoY Change 265.0% -140.0%
Acquisitions
YoY Change
Other Investing Activities -$100.0K
YoY Change -125.0%
Cash From Investing Activities -$8.600M -$2.100M
YoY Change 309.52% -54.35%
FINANCING ACTIVITIES
Cash Dividend Paid $0.00 $0.00
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $20.00M $100.0K
YoY Change 19900.0%
Cash From Financing Activities -$21.60M -$1.400M
YoY Change 1442.86% 600.0%
NET CHANGE
Cash From Operating Activities $85.70M -$45.00M
Cash From Investing Activities -$8.600M -$2.100M
Cash From Financing Activities -$21.60M -$1.400M
Net Change In Cash $55.50M -$48.50M
YoY Change -214.43% -25.15%
FREE CASH FLOW
Cash From Operating Activities $85.70M -$45.00M
Capital Expenditures $7.300M $2.000M
Free Cash Flow $78.40M -$47.00M
YoY Change -266.81% -14.55%

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CY2012Q2 abd Business Combination Multiplier Used To Determine Shares To Be Issued
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CY2013Q1 abd Intangible Assets Accumulated Amortization
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CY2013Q1 abd Period Over Which Employee Costs Expected To Be Paid
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CY2013Q1 dei Amendment Flag
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CY2013Q1 dei Current Fiscal Year End Date
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CY2013Q1 dei Document Fiscal Period Focus
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CY2013Q1 dei Document Fiscal Year Focus
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CY2013Q1 dei Document Period End Date
DocumentPeriodEndDate
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CY2013Q1 dei Document Type
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CY2013Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000712034
CY2013Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
113533186 shares
CY2013Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2013Q1 dei Entity Registrant Name
EntityRegistrantName
ACCO BRANDS CORP

Files In Submission

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