2009 Q4 Form 10-K Financial Statement

#000095012310115754 Filed on December 22, 2010

View on sec.gov

Income Statement

Concept 2009 Q4 2009 2008 Q4
Revenue $760.5M $2.792B $981.8M
YoY Change -22.54% -26.34% 11.28%
Cost Of Revenue $591.9M $2.293B $789.4M
YoY Change -25.02% -25.7% 10.9%
Gross Profit $168.6M $499.6M $192.4M
YoY Change -12.37% -29.11% 12.84%
Gross Profit Margin 22.17% 17.89% 19.6%
Selling, General & Admin $76.10M $267.6M $87.10M
YoY Change -12.63% -21.1% 3.94%
% of Gross Profit 45.14% 53.56% 45.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $28.00M $102.6M $27.40M
YoY Change 2.19% -3.53% 5.38%
% of Gross Profit 16.61% 20.54% 14.24%
Operating Expenses $76.10M $267.6M $87.10M
YoY Change -12.63% -21.1% 3.94%
Operating Profit $92.50M $199.9M $105.3M
YoY Change -12.16% -47.71% 21.45%
Interest Expense -$15.90M $53.59M -$11.40M
YoY Change 39.47% 7.99% 3.64%
% of Operating Profit -17.19% 26.81% -10.83%
Other Income/Expense, Net -$3.100M -$7.200M $500.0K
YoY Change -720.0% -18.18% -115.63%
Pretax Income $89.30M $138.3M $82.40M
YoY Change 8.37% -57.29% 13.03%
Income Tax $14.50M $24.06M $20.20M
% Of Pretax Income 16.24% 17.39% 24.51%
Net Earnings $73.60M $110.6M $60.40M
YoY Change 21.85% -54.23% 9.82%
Net Earnings / Revenue 9.68% 3.96% 6.15%
Basic Earnings Per Share
Diluted Earnings Per Share $1.549M $2.348M $1.280M
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2009 Q4 2009 2008 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $111.9M $111.9M $77.60M
YoY Change 44.2% 44.2% -37.27%
Cash & Equivalents $111.9M $111.9M $77.63M
Short-Term Investments
Other Short-Term Assets $105.9M $157.4M $148.5M
YoY Change -28.68% 5.99% 9.35%
Inventory $238.9M $238.9M $304.0M
Prepaid Expenses
Receivables $337.1M $337.1M $392.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $845.2M $845.2M $922.7M
YoY Change -8.4% -8.4% 9.61%
LONG-TERM ASSETS
Property, Plant & Equipment $1.092B $1.092B $1.066B
YoY Change 2.43% 2.43% -0.75%
Goodwill $592.1M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $86.12M $163.0M $139.5M
YoY Change -38.27% 16.85% 26.36%
Total Long-Term Assets $1.979B $1.979B $1.823B
YoY Change 8.53% 8.53% 0.68%
TOTAL ASSETS
Total Short-Term Assets $845.2M $845.2M $922.7M
Total Long-Term Assets $1.979B $1.979B $1.823B
Total Assets $2.824B $2.824B $2.746B
YoY Change 2.84% 2.84% 3.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $335.8M $335.8M $384.6M
YoY Change -12.68% -12.69% -6.45%
Accrued Expenses $74.50M $74.50M $91.50M
YoY Change -18.58% -18.58% 7.65%
Deferred Revenue
YoY Change
Short-Term Debt $19.58M $19.60M $44.30M
YoY Change -55.79% -55.76% 180.38%
Long-Term Debt Due $17.50M $17.50M
YoY Change
Total Short-Term Liabilities $562.1M $562.1M $671.8M
YoY Change -16.33% -16.33% 3.53%
LONG-TERM LIABILITIES
Long-Term Debt $721.1M $721.1M $673.2M
YoY Change 7.12% 7.12% 8.11%
Other Long-Term Liabilities $126.4M $273.0M $158.4M
YoY Change -20.21% 72.35% -26.43%
Total Long-Term Liabilities $1.155B $994.1M $831.6M
YoY Change 38.92% 19.54% -0.76%
TOTAL LIABILITIES
Total Short-Term Liabilities $562.1M $562.1M $671.8M
Total Long-Term Liabilities $1.155B $994.1M $831.6M
Total Liabilities $1.717B $1.724B $1.690B
YoY Change 1.61% 2.02% 2.26%
SHAREHOLDERS EQUITY
Retained Earnings $1.207B
YoY Change
Common Stock $96.50M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $115.3M
YoY Change
Treasury Stock Shares
Shareholders Equity $1.100B $1.100B $1.056B
YoY Change
Total Liabilities & Shareholders Equity $2.824B $2.824B $2.746B
YoY Change 2.84% 2.84% 3.51%

Cashflow Statement

Concept 2009 Q4 2009 2008 Q4
OPERATING ACTIVITIES
Net Income $73.60M $110.6M $60.40M
YoY Change 21.85% -54.23% 9.82%
Depreciation, Depletion And Amortization $28.00M $102.6M $27.40M
YoY Change 2.19% -3.53% 5.38%
Cash From Operating Activities $177.2M $266.5M $116.9M
YoY Change 51.58% 90.6% -48.37%
INVESTING ACTIVITIES
Capital Expenditures -$39.10M $124.7M -$42.30M
YoY Change -7.57% -12.86% 14.02%
Acquisitions $90.82M
YoY Change -9.15%
Other Investing Activities -$22.30M -$40.50M -$21.60M
YoY Change 3.24% 523.08% -20.0%
Cash From Investing Activities -$61.40M -$171.2M -$63.80M
YoY Change -3.76% 6.13% -0.31%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $2.984B
YoY Change 34.06%
Cash From Financing Activities -94.20M -$65.32M -67.30M
YoY Change 39.97% 223.72% -55.34%
NET CHANGE
Cash From Operating Activities 177.2M $266.5M 116.9M
Cash From Investing Activities -61.40M -$171.2M -63.80M
Cash From Financing Activities -94.20M -$65.32M -67.30M
Net Change In Cash 21.60M $30.00M -14.20M
YoY Change -252.11% -172.02% -221.37%
FREE CASH FLOW
Cash From Operating Activities $177.2M $266.5M $116.9M
Capital Expenditures -$39.10M $124.7M -$42.30M
Free Cash Flow $216.3M $141.9M $159.2M
YoY Change 35.87% -4476.83% -39.58%

Facts In Submission

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CY2010Q4 us-gaap Postemployment Benefits Liability Noncurrent
PostemploymentBenefitsLiabilityNoncurrent
21555000 USD
CY2008 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
339157000 USD
CY2009 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
267589000 USD
CY2009Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
19584000 USD
CY2009Q4 us-gaap Stockholders Equity
StockholdersEquity
1099595000 USD
CY2008Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1088349000 USD
CY2009Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1106592000 USD
CY2008 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2722000 USD
CY2010Q4 us-gaap Timber And Timberlands
TimberAndTimberlands
215537000 USD
CY2009Q4 us-gaap Treasury Stock Value
TreasuryStockValue
115277000 USD
CY2009Q4 us-gaap Variable Interest Carrying Amount Assets
VariableInterestCarryingAmountAssets
50891000 USD
CY2009Q4 us-gaap Variable Interest Carrying Amount Liabilities
VariableInterestCarryingAmountLiabilities
43250000 USD

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0000950123-10-115754-index-headers.html Edgar Link pending
0000950123-10-115754-index.html Edgar Link pending
0000950123-10-115754.txt Edgar Link pending
0000950123-10-115754-xbrl.zip Edgar Link pending
defnref.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
gef-20101031.xml Edgar Link completed
gef-20101031.xsd Edgar Link pending
gef-20101031_cal.xml Edgar Link unprocessable
gef-20101031_def.xml Edgar Link unprocessable
gef-20101031_lab.xml Edgar Link unprocessable
gef-20101031_pre.xml Edgar Link unprocessable
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l40761exv10wgg.htm Edgar Link pending
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