$PNR
PENTAIR plc

2012 Q1 Form 10-Q Financial Statement

#000119312512179064 Filed on April 24, 2012

View on sec.gov

Income Statement

Concept 2012 Q1 2011 Q2
Revenue $858.2M $790.3M
YoY Change 11.78%
Cost Of Revenue $577.0M $541.2M
YoY Change 9.71%
Gross Profit $280.7M $249.1M
YoY Change 16.55%
Gross Profit Margin 32.71% 31.52%
Selling, General & Admin $174.0M $144.8M
YoY Change 8.93%
% of Gross Profit 61.99% 58.12%
Research & Development $21.00M $18.12M
YoY Change 5.29%
% of Gross Profit 7.48% 7.28%
Depreciation & Amortization $16.00M $15.22M
YoY Change 4.53%
% of Gross Profit 5.7% 6.11%
Operating Expenses $195.0M $162.9M
YoY Change 8.51%
Operating Profit $86.50M $85.47M
YoY Change 34.38%
Interest Expense -$13.70M -$9.100M
YoY Change -3.19%
% of Operating Profit -15.84% -10.65%
Other Income/Expense, Net
YoY Change
Pretax Income $73.00M $77.09M
YoY Change 42.34%
Income Tax $10.00M $25.05M
% Of Pretax Income 13.7% 32.5%
Net Earnings $61.70M $50.11M
YoY Change 41.95%
Net Earnings / Revenue 7.19% 6.34%
Basic Earnings Per Share $0.63 $0.51
Diluted Earnings Per Share $0.62 $0.50
COMMON SHARES
Basic Shares Outstanding 98.60M shares 98.10M shares
Diluted Shares Outstanding 100.4M shares 99.67M shares

Balance Sheet

Concept 2012 Q1 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $55.00M $57.00M
YoY Change 21.28%
Cash & Equivalents $55.00M $57.13M
Short-Term Investments
Other Short-Term Assets $178.0M $114.0M
YoY Change 21.28%
Inventory $475.4M $411.8M
Prepaid Expenses
Receivables $680.0M $626.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.389B $1.209B
YoY Change 14.66%
LONG-TERM ASSETS
Property, Plant & Equipment $393.3M $338.6M
YoY Change 2.55%
Goodwill $2.297B $2.097B
YoY Change 1.43%
Intangibles $594.9M $461.2M
YoY Change -2.36%
Long-Term Investments
YoY Change
Other Assets $103.6M $56.33M
YoY Change 0.18%
Total Long-Term Assets $3.389B $2.615B
YoY Change 0.71%
TOTAL ASSETS
Total Short-Term Assets $1.389B $1.209B
Total Long-Term Assets $3.389B $2.615B
Total Assets $4.778B $4.163B
YoY Change 4.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $293.4M $256.5M
YoY Change 11.76%
Accrued Expenses $161.0M $157.0M
YoY Change 12.14%
Deferred Revenue
YoY Change
Short-Term Debt $19.19M $6.093M
YoY Change 63.31%
Long-Term Debt Due $1.207M $13.00K
YoY Change -74.51%
Total Short-Term Liabilities $659.3M $546.4M
YoY Change 14.42%
LONG-TERM LIABILITIES
Long-Term Debt $1.395B $802.3M
YoY Change -6.92%
Other Long-Term Liabilities $89.86M $86.09M
YoY Change -77.52%
Total Long-Term Liabilities $1.485B $888.4M
YoY Change -28.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $659.3M $546.4M
Total Long-Term Liabilities $1.485B $888.4M
Total Liabilities $2.635B $1.880B
YoY Change 0.59%
SHAREHOLDERS EQUITY
Retained Earnings $1.618B $1.655B
YoY Change 8.99%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.027B $2.167B
YoY Change
Total Liabilities & Shareholders Equity $4.778B $4.163B
YoY Change 4.56%

Cashflow Statement

Concept 2012 Q1 2011 Q2
OPERATING ACTIVITIES
Net Income $61.70M $50.11M
YoY Change 41.95%
Depreciation, Depletion And Amortization $16.00M $15.22M
YoY Change 4.53%
Cash From Operating Activities -$68.00M -$48.18M
YoY Change 367.18%
INVESTING ACTIVITIES
Capital Expenditures $16.00M $13.27M
YoY Change 10.03%
Acquisitions $14.86M
YoY Change
Other Investing Activities $3.000M -$58.00K
YoY Change -80.14%
Cash From Investing Activities -$17.00M -$28.02M
YoY Change 140.76%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $287.0K
YoY Change
Debt Paid & Issued, Net $13.00M $150.0M
YoY Change 6.36%
Cash From Financing Activities 90.00M 80.92M
YoY Change 98.78%
NET CHANGE
Cash From Operating Activities -68.00M -48.18M
Cash From Investing Activities -17.00M -28.02M
Cash From Financing Activities 90.00M 80.92M
Net Change In Cash 5.000M 4.711M
YoY Change -74.88%
FREE CASH FLOW
Cash From Operating Activities -$68.00M -$48.18M
Capital Expenditures $16.00M $13.27M
Free Cash Flow -$84.00M -$61.45M
YoY Change 174.66%

Facts In Submission

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CY2012Q1 dei Trading Symbol
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PENTAIR INC
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10-Q
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