2011 Q4 Form 10-Q Financial Statement

#000144530511003308 Filed on November 08, 2011

View on sec.gov

Income Statement

Concept 2011 Q4 2011 Q3 2010 Q3
Revenue $275.9M $275.8M $241.2M
YoY Change -1.27% 14.32% -56.25%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $42.30M
YoY Change 5.22%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $33.00M $26.65M $23.84M
YoY Change 175.0% 11.75% -74.33%
% of Gross Profit
Operating Expenses $212.2M $187.4M $172.4M
YoY Change 10.58% 8.7% -52.57%
Operating Profit
YoY Change
Interest Expense -$7.000M $7.000M $6.968M
YoY Change 0.0% 0.46%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $56.68M $55.51M $61.90M
YoY Change -29.59% -10.33% -67.06%
Income Tax $19.48M $20.41M $22.28M
% Of Pretax Income 34.37% 36.77% 36.0%
Net Earnings $37.20M $35.10M $39.60M
YoY Change -29.67% -11.36% -68.02%
Net Earnings / Revenue 13.49% 12.73% 16.41%
Basic Earnings Per Share $0.52 $0.46 $0.53
Diluted Earnings Per Share $0.51 $0.46 $0.52
COMMON SHARES
Basic Shares Outstanding 73.80M shares 73.66M shares 72.26M shares
Diluted Shares Outstanding 74.20M shares 72.92M shares

Balance Sheet

Concept 2011 Q4 2011 Q3 2010 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $136.1M $154.0M $74.76M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $12.94M
YoY Change
Goodwill
YoY Change
Intangibles $71.93M $72.78M
YoY Change -4.55%
Long-Term Investments $2.022B $2.320B $2.209B
YoY Change -6.13% 5.02% -64.99%
Other Assets $0.00 $0.00
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $9.852B $10.01B $9.455B
YoY Change 0.84% 5.84% -27.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $0.00
YoY Change -100.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $300.0M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $231.0M $273.0M $428.0M
YoY Change -27.36% -36.21% -53.38%
LONG-TERM LIABILITIES
Long-Term Debt $300.0M $300.0M $0.00
YoY Change 0.0%
Other Long-Term Liabilities $381.0M $389.0M $370.0M
YoY Change -1.3% 5.14% 12.12%
Total Long-Term Liabilities $681.0M $689.0M $370.0M
YoY Change -0.73% 86.22% 12.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $231.0M $273.0M $428.0M
Total Long-Term Liabilities $681.0M $689.0M $370.0M
Total Liabilities $8.525B $8.436B $8.058B
YoY Change 1.33% 4.69% 0.22%
SHAREHOLDERS EQUITY
Retained Earnings $344.1M $526.8M
YoY Change 77.17%
Common Stock $835.9M $899.7M
YoY Change -17.35%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 0.000 shares
Shareholders Equity $1.327B $1.480B $1.396B
YoY Change
Total Liabilities & Shareholders Equity $9.852B $10.01B $9.455B
YoY Change 0.84% 5.84% -27.11%

Cashflow Statement

Concept 2011 Q4 2011 Q3 2010 Q3
OPERATING ACTIVITIES
Net Income $37.20M $35.10M $39.60M
YoY Change -29.67% -11.36% -68.02%
Depreciation, Depletion And Amortization $33.00M $26.65M $23.84M
YoY Change 175.0% 11.75% -74.33%
Cash From Operating Activities $73.90M $19.50M -$37.70M
YoY Change 280.93% -151.72% -119.49%
INVESTING ACTIVITIES
Capital Expenditures -$2.600M
YoY Change 333.33%
Acquisitions
YoY Change
Other Investing Activities $103.8M $22.20M -$102.5M
YoY Change 500.0% -121.66% 134.55%
Cash From Investing Activities $103.8M $22.20M -$105.1M
YoY Change 334.31% -121.12% 137.25%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -197.2M -2.300M -700.0K
YoY Change 24550.0% 228.57% -86.79%
NET CHANGE
Cash From Operating Activities 73.90M 19.50M -37.70M
Cash From Investing Activities 103.8M 22.20M -105.1M
Cash From Financing Activities -197.2M -2.300M -700.0K
Net Change In Cash -19.50M 39.40M -143.5M
YoY Change -145.88% -127.46% -199.79%
FREE CASH FLOW
Cash From Operating Activities $73.90M $19.50M -$37.70M
Capital Expenditures -$2.600M
Free Cash Flow -$35.10M
YoY Change -118.09%

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0 USD
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us-gaap Revenues
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us-gaap Revenues
Revenues
1082476000 USD
us-gaap Sales Commissions And Fees
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147490000 USD
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CY2011Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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74199000 shares
CY2010Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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74095000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2011Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2010Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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pri Increase Decrease In Premiums Receivable And Other Receivables
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13882000 USD
pri Increase Decrease In Premiums Receivable And Other Receivables
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33010000 USD
pri Insurance Expenses
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pri Insurance Expenses
InsuranceExpenses
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15465000 USD
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InsuranceExpenses
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CY2010Q3 pri Other Comprehensive Income Reclassification Adjustment For Unrealized Holding Gains On Investment Securities Transferred Before Tax
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0 USD
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0 USD
pri Other Comprehensive Income Reclassification Adjustment For Unrealized Holding Gains On Investment Securities Transferred Before Tax
OtherComprehensiveIncomeReclassificationAdjustmentForUnrealizedHoldingGainsOnInvestmentSecuritiesTransferredBeforeTax
0 USD
pri Other Comprehensive Income Reclassification Adjustment For Unrealized Holding Gains On Investment Securities Transferred Before Tax
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132688000 USD
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299112000 USD
pri Proceeds From Sale And Maturity Of Available For Sale Securities Equity
ProceedsFromSaleAndMaturityOfAvailableForSaleSecuritiesEquity
3026000 USD
pri Proceeds From Sale And Maturity Of Available For Sale Securities Equity
ProceedsFromSaleAndMaturityOfAvailableForSaleSecuritiesEquity
35471000 USD
pri Proceeds From Sales Of Short Term Investments Using Collateral Held Under Securities Lending Net
ProceedsFromSalesOfShortTermInvestmentsUsingCollateralHeldUnderSecuritiesLendingNet
301336000 USD
pri Proceeds From Sales Of Short Term Investments Using Collateral Held Under Securities Lending Net
ProceedsFromSalesOfShortTermInvestmentsUsingCollateralHeldUnderSecuritiesLendingNet
-3757000 USD
CY2011Q3 pri Realized Investment Gains Losses Including Other Than Temporary Impairment Losses
RealizedInvestmentGainsLossesIncludingOtherThanTemporaryImpairmentLosses
-178000 USD
pri Realized Investment Gains Losses Including Other Than Temporary Impairment Losses
RealizedInvestmentGainsLossesIncludingOtherThanTemporaryImpairmentLosses
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CY2010Q3 pri Realized Investment Gains Losses Including Other Than Temporary Impairment Losses
RealizedInvestmentGainsLossesIncludingOtherThanTemporaryImpairmentLosses
1015000 USD
pri Realized Investment Gains Losses Including Other Than Temporary Impairment Losses
RealizedInvestmentGainsLossesIncludingOtherThanTemporaryImpairmentLosses
32445000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2011
dei Document Period End Date
DocumentPeriodEndDate
2011-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001475922
CY2011Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
73797103 shares
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Primerica, Inc.

Files In Submission

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