2012 Q4 Form 10-Q Financial Statement

#000010956313000009 Filed on February 08, 2013

View on sec.gov

Income Statement

Concept 2012 Q4 2012 Q2 2011 Q4
Revenue $4.803M $620.0M $570.4M
YoY Change -99.16% 5.1% 7.72%
Cost Of Revenue $426.6M $447.3M $414.9M
YoY Change 2.81% 6.32% 7.71%
Gross Profit $162.9M $172.7M $155.5M
YoY Change 4.79% 2.13% 7.75%
Gross Profit Margin 3392.03% 27.85% 27.26%
Selling, General & Admin $122.4M $122.9M $122.1M
YoY Change 0.18% -1.29% 9.81%
% of Gross Profit 75.1% 71.16% 78.56%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.014M $5.800M $2.780M
YoY Change 8.42% 3.57% -0.11%
% of Gross Profit 1.85% 3.36% 1.79%
Operating Expenses $122.4M $122.9M $122.1M
YoY Change 0.18% -1.29% 9.81%
Operating Profit $40.57M $49.80M $33.34M
YoY Change 21.7% 11.66% 0.84%
Interest Expense $500.0K -$600.0K -$700.0K
YoY Change -171.43% -250.0%
% of Operating Profit 1.23% -1.2% -2.1%
Other Income/Expense, Net $427.0K -$100.0K -$778.0K
YoY Change -154.88% -284.8%
Pretax Income $40.98M $49.10M $32.55M
YoY Change 25.91% 9.11% -1.43%
Income Tax $13.94M $17.10M $11.61M
% Of Pretax Income 34.01% 34.83% 35.68%
Net Earnings $27.04M $32.00M $20.94M
YoY Change 29.18% 13.07% -1.22%
Net Earnings / Revenue 563.04% 5.16% 3.67%
Basic Earnings Per Share $0.64 $0.50
Diluted Earnings Per Share $0.64 $749.4K $0.49
COMMON SHARES
Basic Shares Outstanding 42.05M shares 42.20M shares 41.97M shares
Diluted Shares Outstanding 42.49M shares 42.63M shares

Balance Sheet

Concept 2012 Q4 2012 Q2 2011 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $51.80M $78.40M $70.50M
YoY Change -26.52% -13.94% 30.8%
Cash & Equivalents $51.85M $78.44M $70.51M
Short-Term Investments
Other Short-Term Assets $46.82M $51.77M $36.11M
YoY Change 29.65% 56.86% 22.83%
Inventory $294.7M $228.5M $222.6M
Prepaid Expenses
Receivables $304.6M $307.0M $280.7M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $697.9M $665.8M $610.0M
YoY Change 14.43% 7.57% 15.3%
LONG-TERM ASSETS
Property, Plant & Equipment $85.60M $83.10M $76.66M
YoY Change 11.66% 20.41% 13.74%
Goodwill $105.0M $83.08M $75.52M
YoY Change 39.08% 7.92%
Intangibles $100.9M $84.84M $82.97M
YoY Change 21.63% -5.26%
Long-Term Investments
YoY Change
Other Assets $21.94M $18.97M $16.31M
YoY Change 34.47% 11.45% -75.02%
Total Long-Term Assets $339.7M $296.4M $288.1M
YoY Change 17.92% 0.14% -4.18%
TOTAL ASSETS
Total Short-Term Assets $697.9M $665.8M $610.0M
Total Long-Term Assets $339.7M $296.4M $288.1M
Total Assets $1.038B $962.2M $898.0M
YoY Change 15.55% 5.16% 8.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $123.8M $120.9M $105.6M
YoY Change 17.24% 11.41% 21.37%
Accrued Expenses $52.90M $63.10M $51.90M
YoY Change 1.93% -3.52% 23.28%
Deferred Revenue
YoY Change
Short-Term Debt $33.00M $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $255.5M $230.2M $199.0M
YoY Change 28.41% 7.21% 15.61%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $24.98M $20.13M $16.63M
YoY Change 50.27% 6.24% -75.62%
Total Long-Term Liabilities $24.98M $20.13M $16.63M
YoY Change 50.27% 6.24% -75.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $255.5M $230.2M $199.0M
Total Long-Term Liabilities $24.98M $20.13M $16.63M
Total Liabilities $315.5M $290.1M $251.8M
YoY Change 25.29% 3.09% 4.75%
SHAREHOLDERS EQUITY
Retained Earnings $782.2M $743.4M $699.6M
YoY Change 11.81% 11.21%
Common Stock $161.5M $160.1M $161.7M
YoY Change -0.12% 1.11%
Preferred Stock
YoY Change
Treasury Stock (at cost) $225.8M $226.7M $216.6M
YoY Change 4.25% 14.38%
Treasury Stock Shares 12.11M shares 12.25M shares 12.22M shares
Shareholders Equity $722.1M $672.1M $646.2M
YoY Change
Total Liabilities & Shareholders Equity $1.038B $962.2M $898.0M
YoY Change 15.55% 5.16% 8.25%

Cashflow Statement

Concept 2012 Q4 2012 Q2 2011 Q4
OPERATING ACTIVITIES
Net Income $27.04M $32.00M $20.94M
YoY Change 29.18% 13.07% -1.22%
Depreciation, Depletion And Amortization $3.014M $5.800M $2.780M
YoY Change 8.42% 3.57% -0.11%
Cash From Operating Activities $5.000M $28.40M $13.80M
YoY Change -63.77% 121.88% -10.97%
INVESTING ACTIVITIES
Capital Expenditures -$2.900M -$7.700M -$6.900M
YoY Change -57.97% 92.5% -46.51%
Acquisitions
YoY Change
Other Investing Activities -$30.40M -$300.0K $300.0K
YoY Change -10233.33% -88.46% 200.0%
Cash From Investing Activities -$33.40M -$8.000M -$6.600M
YoY Change 406.06% 23.08% -48.84%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 23.80M -19.50M -8.300M
YoY Change -386.75% 353.49% -81.31%
NET CHANGE
Cash From Operating Activities 5.000M 28.40M 13.80M
Cash From Investing Activities -33.40M -8.000M -6.600M
Cash From Financing Activities 23.80M -19.50M -8.300M
Net Change In Cash -4.600M 900.0K -1.100M
YoY Change 318.18% -55.0% -97.37%
FREE CASH FLOW
Cash From Operating Activities $5.000M $28.40M $13.80M
Capital Expenditures -$2.900M -$7.700M -$6.900M
Free Cash Flow $7.900M $36.10M $20.70M
YoY Change -61.84% 114.88% -27.11%

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dei Entity Central Index Key
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CY2013Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
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dei Document Period End Date
DocumentPeriodEndDate
2012-12-31
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
APPLIED INDUSTRIAL TECHNOLOGIES INC

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