$HXL
HEXCEL CORP /DE/

2016 Q2 Form 10-Q Financial Statement

#000156459016021289 Filed on July 20, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q2
Revenue $522.6M $475.7M
YoY Change 9.86% 1.19%
Cost Of Revenue $372.3M $336.6M
YoY Change 10.61% -1.29%
Gross Profit $150.3M $139.1M
YoY Change 8.05% 7.75%
Gross Profit Margin 28.76% 29.24%
Selling, General & Admin $38.60M $38.10M
YoY Change 1.31% 2.7%
% of Gross Profit 25.68% 27.39%
Research & Development $11.60M $10.40M
YoY Change 11.54% -4.59%
% of Gross Profit 7.72% 7.48%
Depreciation & Amortization $23.30M $18.90M
YoY Change 23.28% 6.78%
% of Gross Profit 15.5% 13.59%
Operating Expenses $50.20M $48.50M
YoY Change 3.51% 1.04%
Operating Profit $100.1M $90.60M
YoY Change 10.49% 20.64%
Interest Expense -$5.700M -$2.500M
YoY Change 128.0% -225.0%
% of Operating Profit -5.69% -2.76%
Other Income/Expense, Net -$400.0K
YoY Change
Pretax Income $94.00M $88.10M
YoY Change 6.7% 20.52%
Income Tax $28.70M $27.00M
% Of Pretax Income 30.53% 30.65%
Net Earnings $66.10M $61.70M
YoY Change 7.13% 21.94%
Net Earnings / Revenue 12.65% 12.97%
Basic Earnings Per Share $0.71 $0.64
Diluted Earnings Per Share $0.70 $0.63
COMMON SHARES
Basic Shares Outstanding 93.10M
Diluted Shares Outstanding 94.60M

Balance Sheet

Concept 2016 Q2 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $38.90M $35.30M
YoY Change 10.2% -19.41%
Cash & Equivalents $38.90M $35.30M
Short-Term Investments
Other Short-Term Assets $23.90M $106.2M
YoY Change -77.5% 32.58%
Inventory $331.5M $326.8M
Prepaid Expenses
Receivables $290.3M $283.7M
Other Receivables $0.00 $0.00
Total Short-Term Assets $684.6M $752.0M
YoY Change -8.96% 8.39%
LONG-TERM ASSETS
Property, Plant & Equipment $1.523B $1.328B
YoY Change 14.7% 16.48%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $48.40M $33.90M
YoY Change 42.77% 46.12%
Other Assets $38.90M $27.00M
YoY Change 44.07% -8.16%
Total Long-Term Assets $1.685B $1.448B
YoY Change 16.36% 15.52%
TOTAL ASSETS
Total Short-Term Assets $684.6M $752.0M
Total Long-Term Assets $1.685B $1.448B
Total Assets $2.370B $2.200B
YoY Change 7.7% 12.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $140.4M $146.0M
YoY Change -3.84% 14.06%
Accrued Expenses $130.4M $134.9M
YoY Change -3.34% -1.39%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $800.0K $0.00
YoY Change -100.0%
Total Short-Term Liabilities $271.6M $280.9M
YoY Change -3.31% 4.97%
LONG-TERM LIABILITIES
Long-Term Debt $706.8M $508.0M
YoY Change 39.13% 28.61%
Other Long-Term Liabilities $166.1M $164.2M
YoY Change 1.16% 27.68%
Total Long-Term Liabilities $872.9M $672.2M
YoY Change 29.86% 422.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $271.6M $280.9M
Total Long-Term Liabilities $872.9M $672.2M
Total Liabilities $1.145B $953.1M
YoY Change 20.08% 20.46%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.225B $1.247B
YoY Change
Total Liabilities & Shareholders Equity $2.370B $2.200B
YoY Change 7.7% 12.98%

Cashflow Statement

Concept 2016 Q2 2015 Q2
OPERATING ACTIVITIES
Net Income $66.10M $61.70M
YoY Change 7.13% 21.94%
Depreciation, Depletion And Amortization $23.30M $18.90M
YoY Change 23.28% 6.78%
Cash From Operating Activities $124.6M $64.80M
YoY Change 92.28% -15.73%
INVESTING ACTIVITIES
Capital Expenditures -$70.60M -$71.30M
YoY Change -0.98% 11.06%
Acquisitions
YoY Change
Other Investing Activities -$25.00M
YoY Change
Cash From Investing Activities -$95.60M -$71.30M
YoY Change 34.08% 11.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -12.90M 18.80M
YoY Change -168.62% -201.62%
NET CHANGE
Cash From Operating Activities 124.6M 64.80M
Cash From Investing Activities -95.60M -71.30M
Cash From Financing Activities -12.90M 18.80M
Net Change In Cash 16.10M 12.30M
YoY Change 30.89% -312.07%
FREE CASH FLOW
Cash From Operating Activities $124.6M $64.80M
Capital Expenditures -$70.60M -$71.30M
Free Cash Flow $195.2M $136.1M
YoY Change 43.42% -3.54%

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