2012 Q3 Form 10-Q Financial Statement

#000005524212000006 Filed on November 08, 2012

View on sec.gov

Income Statement

Concept 2012 Q3 2011 Q3
Revenue $629.5M $658.9M
YoY Change -4.46% 24.5%
Cost Of Revenue $421.1M $407.8M
YoY Change 3.26% 19.81%
Gross Profit $208.3M $251.1M
YoY Change -17.01% 33.05%
Gross Profit Margin 33.1% 38.1%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $23.88M $20.70M
YoY Change 15.39% -8.81%
% of Gross Profit 11.46% 8.24%
Operating Expenses $138.9M $146.0M
YoY Change -4.88% 14.14%
Operating Profit $64.38M $101.6M
YoY Change -36.64% 67.12%
Interest Expense $5.956M $5.487M
YoY Change 8.55% -191.45%
% of Operating Profit 9.25% 5.4%
Other Income/Expense, Net $902.0K -$574.0K
YoY Change -257.14% -69.79%
Pretax Income $59.33M $95.55M
YoY Change -37.91% 92.64%
Income Tax $12.28M $21.98M
% Of Pretax Income 20.7% 23.0%
Net Earnings $46.39M $71.99M
YoY Change -35.56% 106.26%
Net Earnings / Revenue 7.37% 10.93%
Basic Earnings Per Share $0.58 $0.89
Diluted Earnings Per Share $0.57 $0.88
COMMON SHARES
Basic Shares Outstanding 80.25M shares 80.66M shares
Diluted Shares Outstanding 81.41M shares 81.81M shares

Balance Sheet

Concept 2012 Q3 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $110.5M $102.5M
YoY Change 7.8% -17.47%
Cash & Equivalents $110.5M $102.5M
Short-Term Investments
Other Short-Term Assets $48.36M $107.9M
YoY Change -55.18% -4.68%
Inventory $624.3M $559.5M
Prepaid Expenses
Receivables $437.7M $420.7M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.272B $1.191B
YoY Change 6.84% 19.26%
LONG-TERM ASSETS
Property, Plant & Equipment $740.7M $668.4M
YoY Change 10.82% -1.33%
Goodwill $721.4M
YoY Change
Intangibles $238.2M
YoY Change
Long-Term Investments $700.0K $800.0K
YoY Change -12.5% -55.56%
Other Assets $19.96M $106.0M
YoY Change -81.17% 147.09%
Total Long-Term Assets $1.744B $1.421B
YoY Change 22.75% 2.79%
TOTAL ASSETS
Total Short-Term Assets $1.272B $1.191B
Total Long-Term Assets $1.744B $1.421B
Total Assets $3.016B $2.612B
YoY Change 15.5% 9.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $183.6M $186.8M
YoY Change -1.71% 43.8%
Accrued Expenses $82.52M $87.10M
YoY Change -5.26% 7.13%
Deferred Revenue
YoY Change
Short-Term Debt $53.30M $5.500M
YoY Change 869.09% 44.74%
Long-Term Debt Due $17.50M $305.5M
YoY Change -94.27% 23400.0%
Total Short-Term Liabilities $480.3M $760.9M
YoY Change -36.88% 95.4%
LONG-TERM LIABILITIES
Long-Term Debt $530.3M $1.700M
YoY Change 31094.12% -99.46%
Other Long-Term Liabilities $32.09M $181.0M
YoY Change -82.27% 0.5%
Total Long-Term Liabilities $32.09M $182.7M
YoY Change -82.43% -63.01%
TOTAL LIABILITIES
Total Short-Term Liabilities $480.3M $760.9M
Total Long-Term Liabilities $32.09M $182.7M
Total Liabilities $1.304B $1.043B
YoY Change 24.97% 8.26%
SHAREHOLDERS EQUITY
Retained Earnings $1.280B
YoY Change
Common Stock $532.3M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.687B $1.568B
YoY Change
Total Liabilities & Shareholders Equity $3.016B $2.612B
YoY Change 15.5% 9.69%

Cashflow Statement

Concept 2012 Q3 2011 Q3
OPERATING ACTIVITIES
Net Income $46.39M $71.99M
YoY Change -35.56% 106.26%
Depreciation, Depletion And Amortization $23.88M $20.70M
YoY Change 15.39% -8.81%
Cash From Operating Activities $3.138M -$7.238M
YoY Change -143.35% -127.42%
INVESTING ACTIVITIES
Capital Expenditures $15.80M $11.61M
YoY Change 36.15% -214.92%
Acquisitions
YoY Change
Other Investing Activities $64.00K -$107.0K
YoY Change -159.81% -108.23%
Cash From Investing Activities -$15.44M -$10.96M
YoY Change 40.98% 25.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $26.03M $66.65M
YoY Change -60.94%
Debt Paid & Issued, Net $228.5M $90.09M
YoY Change 153.61%
Cash From Financing Activities $3.217M -$72.59M
YoY Change -104.43% 176.0%
NET CHANGE
Cash From Operating Activities $3.138M -$7.238M
Cash From Investing Activities -$15.44M -$10.96M
Cash From Financing Activities $3.217M -$72.59M
Net Change In Cash -$9.089M -$90.78M
YoY Change -89.99% 955.58%
FREE CASH FLOW
Cash From Operating Activities $3.138M -$7.238M
Capital Expenditures $15.80M $11.61M
Free Cash Flow -$12.67M -$18.85M
YoY Change -32.79% -151.63%

Facts In Submission

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CY2012Q3 kmt Share Based Compensation Arrangement By Share Based Payment Award Options Granted Weighted Average Exercise Price
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CY2012Q3 kmt Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Life
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CY2009Q1 kmt Terminated Interest Rate Swap Contracts
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CY2012Q3 dei Amendment Flag
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false
CY2012Q3 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
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CY2012Q3 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2012Q3 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2012Q3 dei Document Period End Date
DocumentPeriodEndDate
2012-09-30
CY2012Q3 dei Document Type
DocumentType
10-Q
CY2012Q3 dei Entity Central Index Key
EntityCentralIndexKey
0000055242
CY2012Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
79631397 shares
CY2012Q3 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2012Q3 dei Entity Registrant Name
EntityRegistrantName
KENNAMETAL INC

Files In Submission

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