2011 Form 10-K Financial Statement
#000143774911009260 Filed on December 06, 2011
Income Statement
| Concept | 2011 | 2010 | 2009 |
|---|---|---|---|
| Revenue | $744.1M | $696.7M | $653.0M |
| YoY Change | 6.8% | 6.69% | 3.75% |
| Cost Of Revenue | $514.3M | $468.9M | $444.2M |
| YoY Change | 9.68% | 5.57% | 0.38% |
| Gross Profit | $229.8M | $227.8M | $208.8M |
| YoY Change | 0.88% | 9.1% | 11.72% |
| Gross Profit Margin | 30.88% | 32.7% | 31.98% |
| Selling, General & Admin | $95.21M | $96.39M | $92.21M |
| YoY Change | -1.22% | 4.53% | -35.92% |
| % of Gross Profit | 41.43% | 42.31% | 44.16% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $30.20M | $29.90M | $27.80M |
| YoY Change | 1.0% | 7.55% | 1.09% |
| % of Gross Profit | 13.14% | 13.13% | 13.31% |
| Operating Expenses | $95.21M | $96.39M | $92.21M |
| YoY Change | -1.22% | 4.53% | -35.74% |
| Operating Profit | $134.6M | $131.4M | $116.6M |
| YoY Change | 2.42% | 12.71% | 168.65% |
| Interest Expense | $900.0K | $900.0K | $1.300M |
| YoY Change | 0.0% | -30.77% | -48.0% |
| % of Operating Profit | 0.67% | 0.68% | 1.11% |
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | $84.10M | $78.10M | $68.20M |
| YoY Change | 7.68% | 14.52% | 48.58% |
| Income Tax | $29.00M | $29.70M | $26.90M |
| % Of Pretax Income | 34.48% | 38.03% | 39.44% |
| Net Earnings | $55.10M | $48.40M | $41.30M |
| YoY Change | 13.84% | 17.19% | 48.03% |
| Net Earnings / Revenue | 7.4% | 6.95% | 6.32% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $2.93 | $2.588M | $2.209M |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2011 | 2010 | 2009 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $113.0M | $90.10M | $99.00M |
| YoY Change | 25.42% | -8.99% | 63.1% |
| Cash & Equivalents | $87.50M | $74.70M | $60.30M |
| Short-Term Investments | $25.50M | $15.50M | $38.70M |
| Other Short-Term Assets | $8.400M | $9.900M | $5.600M |
| YoY Change | -15.15% | 76.79% | 0.0% |
| Inventory | $63.50M | $50.60M | $46.00M |
| Prepaid Expenses | |||
| Receivables | $75.00M | $68.20M | $59.70M |
| Other Receivables | $0.00 | $1.700M | $800.0K |
| Total Short-Term Assets | $259.9M | $220.5M | $211.1M |
| YoY Change | 17.87% | 4.45% | 19.13% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $124.7M | $110.1M | $97.20M |
| YoY Change | 13.26% | 13.27% | 4.4% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $42.00M | $26.30M | $20.00M |
| YoY Change | 59.7% | 31.5% | |
| Other Assets | $2.200M | $1.700M | $2.100M |
| YoY Change | 29.41% | -19.05% | -91.32% |
| Total Long-Term Assets | $290.9M | $263.5M | $228.7M |
| YoY Change | 10.4% | 15.22% | -1.08% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $259.9M | $220.5M | $211.1M |
| Total Long-Term Assets | $290.9M | $263.5M | $228.7M |
| Total Assets | $550.8M | $484.0M | $439.8M |
| YoY Change | 13.8% | 10.05% | 7.69% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $55.90M | $52.30M | $48.20M |
| YoY Change | 6.88% | 8.51% | -0.82% |
| Accrued Expenses | $17.50M | $16.50M | $17.60M |
| YoY Change | 6.06% | -6.25% | 11.39% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $300.0K | $200.0K | $100.0K |
| YoY Change | 50.0% | 100.0% | 0.0% |
| Total Short-Term Liabilities | $75.80M | $71.10M | $67.70M |
| YoY Change | 6.61% | 5.02% | 2.27% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $500.0K | $600.0K | $300.0K |
| YoY Change | -16.67% | 100.0% | -25.0% |
| Other Long-Term Liabilities | $1.000M | $1.300M | $2.000M |
| YoY Change | -23.08% | -35.0% | 0.0% |
| Total Long-Term Liabilities | $1.500M | $1.900M | $2.300M |
| YoY Change | -21.05% | -17.39% | -4.17% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $75.80M | $71.10M | $67.70M |
| Total Long-Term Liabilities | $1.500M | $1.900M | $2.300M |
| Total Liabilities | $118.4M | $103.4M | $97.00M |
| YoY Change | 14.51% | 6.6% | 5.9% |
| 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 | $432.4M | $380.6M | $342.8M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $550.8M | $484.0M | $439.8M |
| YoY Change | 13.8% | 10.05% | 7.69% |
Cashflow Statement
| Concept | 2011 | 2010 | 2009 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $55.10M | $48.40M | $41.30M |
| YoY Change | 13.84% | 17.19% | 48.03% |
| Depreciation, Depletion And Amortization | $30.20M | $29.90M | $27.80M |
| YoY Change | 1.0% | 7.55% | 1.09% |
| Cash From Operating Activities | $80.50M | $68.00M | $80.60M |
| YoY Change | 18.38% | -15.63% | 46.81% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$29.10M | -$33.50M | -$27.20M |
| YoY Change | -13.13% | 23.16% | 19.3% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$34.80M | -$7.900M | -$20.60M |
| YoY Change | 340.51% | -61.65% | -628.21% |
| Cash From Investing Activities | -$63.90M | -$41.50M | -$47.80M |
| YoY Change | 53.98% | -13.18% | 152.91% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -3.400M | -12.60M | -15.70M |
| YoY Change | -73.02% | -19.75% | 106.58% |
| NET CHANGE | |||
| Cash From Operating Activities | 80.50M | 68.00M | 80.60M |
| Cash From Investing Activities | -63.90M | -41.50M | -47.80M |
| Cash From Financing Activities | -3.400M | -12.60M | -15.70M |
| Net Change In Cash | 13.20M | 13.90M | 17.10M |
| YoY Change | -5.04% | -18.71% | -39.79% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $80.50M | $68.00M | $80.60M |
| Capital Expenditures | -$29.10M | -$33.50M | -$27.20M |
| Free Cash Flow | $109.6M | $101.5M | $107.8M |
| YoY Change | 7.98% | -5.84% | 38.74% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2011 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
514297000 | USD |
| CY2010 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
468923000 | USD |
| CY2009 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
444203000 | USD |
| CY2011 | us-gaap |
Marketing Expense
MarketingExpense
|
70637000 | USD |
| CY2010 | us-gaap |
Marketing Expense
MarketingExpense
|
72103000 | USD |
| CY2009 | us-gaap |
Marketing Expense
MarketingExpense
|
69493000 | USD |
| CY2011 | us-gaap |
Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
|
57462000 | USD |
| CY2010 | us-gaap |
Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
|
52146000 | USD |
| CY2009 | us-gaap |
Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
|
49705000 | USD |
| CY2011 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
24568000 | USD |
| CY2010 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
24282000 | USD |
| CY2009 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
22713000 | USD |
