$PKG
PACKAGING CORP OF AMERICA

2012 Q2 Form 10-Q Financial Statement

#000119312512340742 Filed on August 07, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $712.5M $665.5M
YoY Change 7.06% 8.12%
Cost Of Revenue $554.4M $528.6M
YoY Change 4.88% 9.26%
Gross Profit $159.2M $136.9M
YoY Change 16.26% 3.95%
Gross Profit Margin 22.34% 20.57%
Selling, General & Admin $52.87M $48.19M
YoY Change 9.7% -19.68%
% of Gross Profit 33.22% 35.2%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $42.50M $40.60M
YoY Change 4.68% 3.84%
% of Gross Profit 26.7% 29.66%
Operating Expenses $52.87M $48.19M
YoY Change 9.7% -24.58%
Operating Profit $85.00M $67.86M
YoY Change 25.26% 0.09%
Interest Expense -$9.600M -$6.300M
YoY Change 52.38% -22.22%
% of Operating Profit -11.29% -9.28%
Other Income/Expense, Net
YoY Change
Pretax Income $70.60M $61.54M
YoY Change 14.73% 3.08%
Income Tax $25.45M $22.17M
% Of Pretax Income 36.04% 36.03%
Net Earnings $45.85M $39.37M
YoY Change 16.48% 3.6%
Net Earnings / Revenue 6.44% 5.92%
Basic Earnings Per Share $0.48 $0.39
Diluted Earnings Per Share $0.47 $0.39
COMMON SHARES
Basic Shares Outstanding 96.27M shares 100.1M shares
Diluted Shares Outstanding 97.41M shares 101.1M shares

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $515.1M $119.2M
YoY Change 332.13% -34.33%
Cash & Equivalents $515.1M $119.2M
Short-Term Investments
Other Short-Term Assets $72.60M $61.70M
YoY Change 17.67% 40.55%
Inventory $258.6M $226.5M
Prepaid Expenses
Receivables $353.5M $331.2M
Other Receivables $85.80M $3.600M
Total Short-Term Assets $1.286B $742.3M
YoY Change 73.2% -13.77%
LONG-TERM ASSETS
Property, Plant & Equipment $1.394B $1.402B
YoY Change -0.55% 11.5%
Goodwill $71.56M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $44.93M $44.80M
YoY Change 0.28% 25.84%
Total Long-Term Assets $1.546B $1.517B
YoY Change 1.91% 12.97%
TOTAL ASSETS
Total Short-Term Assets $1.286B $742.3M
Total Long-Term Assets $1.546B $1.517B
Total Assets $2.831B $2.259B
YoY Change 25.33% 2.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $134.1M $189.8M
YoY Change -29.34% 14.48%
Accrued Expenses $103.0M $106.0M
YoY Change -2.85% -0.09%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $414.7M $109.7M
YoY Change 277.99% 0.09%
Total Short-Term Liabilities $689.9M $425.7M
YoY Change 62.07% 7.23%
LONG-TERM LIABILITIES
Long-Term Debt $786.1M $570.8M
YoY Change 37.72% -0.05%
Other Long-Term Liabilities $28.39M $232.5M
YoY Change -87.79% 88.26%
Total Long-Term Liabilities $1.219B $803.3M
YoY Change 51.73% 15.65%
TOTAL LIABILITIES
Total Short-Term Liabilities $689.9M $425.7M
Total Long-Term Liabilities $1.219B $803.3M
Total Liabilities $1.909B $1.238B
YoY Change 54.18% -3.46%
SHAREHOLDERS EQUITY
Retained Earnings $661.6M
YoY Change
Common Stock $364.2M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $922.7M $1.021B
YoY Change
Total Liabilities & Shareholders Equity $2.831B $2.259B
YoY Change 25.33% 2.53%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income $45.85M $39.37M
YoY Change 16.48% 3.6%
Depreciation, Depletion And Amortization $42.50M $40.60M
YoY Change 4.68% 3.84%
Cash From Operating Activities $115.1M $101.2M
YoY Change 13.74% 7.55%
INVESTING ACTIVITIES
Capital Expenditures -$34.70M -$84.90M
YoY Change -59.13% -8.51%
Acquisitions
YoY Change
Other Investing Activities $57.50M -$26.80M
YoY Change -314.55%
Cash From Investing Activities $22.80M -$111.7M
YoY Change -120.41% 20.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 293.2M -43.40M
YoY Change -775.58% 149.43%
NET CHANGE
Cash From Operating Activities 115.1M 101.2M
Cash From Investing Activities 22.80M -111.7M
Cash From Financing Activities 293.2M -43.40M
Net Change In Cash 431.1M -53.90M
YoY Change -899.81% 236.88%
FREE CASH FLOW
Cash From Operating Activities $115.1M $101.2M
Capital Expenditures -$34.70M -$84.90M
Free Cash Flow $149.8M $186.1M
YoY Change -19.51% -0.43%

Facts In Submission

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dei Trading Symbol
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dei Entity Registrant Name
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PACKAGING CORP OF AMERICA
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