2013 Q1 Form 10-Q Financial Statement

#000072325413000006 Filed on April 09, 2013

View on sec.gov

Income Statement

Concept 2013 Q1 2012 Q1
Revenue $1.076B $1.012B
YoY Change 6.28% 7.92%
Cost Of Revenue $633.7M $586.2M
YoY Change 8.1% 7.38%
Gross Profit $441.9M $425.9M
YoY Change 3.77% 8.67%
Gross Profit Margin 41.09% 42.08%
Selling, General & Admin $308.9M $288.4M
YoY Change 7.13% 1.9%
% of Gross Profit 69.9% 67.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $47.80M $48.10M
YoY Change -0.62% -0.82%
% of Gross Profit 10.82% 11.29%
Operating Expenses $308.9M $288.4M
YoY Change 7.13% 1.86%
Operating Profit $133.0M $137.5M
YoY Change -3.28% 26.39%
Interest Expense $16.30M $17.22M
YoY Change -5.33% -241.14%
% of Operating Profit 12.26% 12.52%
Other Income/Expense, Net
YoY Change
Pretax Income $116.9M $120.7M
YoY Change -3.18% 24.94%
Income Tax $42.15M $44.66M
% Of Pretax Income 36.07% 37.0%
Net Earnings $74.71M $76.04M
YoY Change -1.75% 28.72%
Net Earnings / Revenue 6.94% 7.51%
Basic Earnings Per Share $0.60 $0.58
Diluted Earnings Per Share $0.60 $0.58
COMMON SHARES
Basic Shares Outstanding 123.1M shares 129.7M shares
Diluted Shares Outstanding 123.8M shares 129.9M shares

Balance Sheet

Concept 2013 Q1 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $245.7M $352.6M
YoY Change -30.32% 62.71%
Cash & Equivalents $217.5M $218.0M
Short-Term Investments $28.22M $134.6M
Other Short-Term Assets $506.4M $520.2M
YoY Change -2.65% 16.98%
Inventory $247.0M $275.7M
Prepaid Expenses
Receivables $495.1M $439.7M
Other Receivables $15.40M $37.30M
Total Short-Term Assets $1.509B $1.626B
YoY Change -7.14% 22.87%
LONG-TERM ASSETS
Property, Plant & Equipment $976.8M $944.0M
YoY Change 3.48% 0.23%
Goodwill $1.520B
YoY Change
Intangibles
YoY Change
Long-Term Investments $27.70M $91.60M
YoY Change -69.76% 10.9%
Other Assets $121.4M $16.70M
YoY Change 627.2% 35.77%
Total Long-Term Assets $2.717B $2.628B
YoY Change 3.39% -0.81%
TOTAL ASSETS
Total Short-Term Assets $1.509B $1.626B
Total Long-Term Assets $2.717B $2.628B
Total Assets $4.226B $4.253B
YoY Change -0.64% 7.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $109.1M $115.6M
YoY Change -5.65% 13.44%
Accrued Expenses $238.5M $307.4M
YoY Change -22.43% 6.7%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $674.0K $225.6M
YoY Change -99.7% 14000.0%
Total Short-Term Liabilities $500.8M $648.6M
YoY Change -22.79% 65.63%
LONG-TERM LIABILITIES
Long-Term Debt $1.309B $1.059B
YoY Change 23.54% 31.36%
Other Long-Term Liabilities $72.20M $142.7M
YoY Change -49.4% 5.08%
Total Long-Term Liabilities $1.590B $1.202B
YoY Change 32.3% 27.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $500.8M $648.6M
Total Long-Term Liabilities $1.590B $1.202B
Total Liabilities $2.091B $2.057B
YoY Change 1.68% 37.18%
SHAREHOLDERS EQUITY
Retained Earnings $3.632B
YoY Change
Common Stock $282.0M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.822B
YoY Change
Treasury Stock Shares 51.85M shares
Shareholders Equity $2.130B $2.197B
YoY Change
Total Liabilities & Shareholders Equity $4.221B $4.253B
YoY Change -0.75% 7.08%

Cashflow Statement

Concept 2013 Q1 2012 Q1
OPERATING ACTIVITIES
Net Income $74.71M $76.04M
YoY Change -1.75% 28.72%
Depreciation, Depletion And Amortization $47.80M $48.10M
YoY Change -0.62% -0.82%
Cash From Operating Activities $141.0M $131.7M
YoY Change 7.06% 33.3%
INVESTING ACTIVITIES
Capital Expenditures -$52.70M -$37.90M
YoY Change 39.05% -30.07%
Acquisitions
YoY Change
Other Investing Activities -$10.50M -$13.40M
YoY Change -21.64% -81.87%
Cash From Investing Activities -$63.20M -$51.20M
YoY Change 23.44% -60.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -101.9M -70.90M
YoY Change 43.72% 37.4%
NET CHANGE
Cash From Operating Activities 141.0M 131.7M
Cash From Investing Activities -63.20M -51.20M
Cash From Financing Activities -101.9M -70.90M
Net Change In Cash -24.10M 9.600M
YoY Change -351.04% -111.88%
FREE CASH FLOW
Cash From Operating Activities $141.0M $131.7M
Capital Expenditures -$52.70M -$37.90M
Free Cash Flow $193.7M $169.6M
YoY Change 14.21% 10.85%

Facts In Submission

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dei Entity Registrant Name
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CINTAS CORP

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