$RS
RELIANCE, INC.

2019 Q2 Form 10-Q Financial Statement

#000155837019006789 Filed on August 01, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2
Revenue $2.884B $2.989B
YoY Change -3.53% 20.75%
Cost Of Revenue $2.030B $2.071B
YoY Change -2.0% 16.82%
Gross Profit $853.6M $917.5M
YoY Change -6.96% 30.68%
Gross Profit Margin 29.6% 30.7%
Selling, General & Admin $531.4M $535.9M
YoY Change -0.84% 12.61%
% of Gross Profit 62.25% 58.41%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $54.40M $54.30M
YoY Change 0.18% -1.27%
% of Gross Profit 6.37% 5.92%
Operating Expenses $531.4M $535.9M
YoY Change -0.84% 0.94%
Operating Profit $266.6M $327.3M
YoY Change -18.55% 91.18%
Interest Expense $23.70M $21.30M
YoY Change 11.27% -215.14%
% of Operating Profit 8.89% 6.51%
Other Income/Expense, Net $2.900M $600.0K
YoY Change 383.33% -300.0%
Pretax Income $245.8M $306.6M
YoY Change -19.83% 101.18%
Income Tax $61.50M $73.50M
% Of Pretax Income 25.02% 23.97%
Net Earnings $184.3M $233.1M
YoY Change -20.94% 126.31%
Net Earnings / Revenue 6.39% 7.8%
Basic Earnings Per Share $2.73 $3.19
Diluted Earnings Per Share $2.69 $3.16
COMMON SHARES
Basic Shares Outstanding 67.05M 72.34M
Diluted Shares Outstanding 67.98M 72.99M

Balance Sheet

Concept 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $141.5M $124.3M
YoY Change 13.84% -15.15%
Cash & Equivalents $141.5M $124.3M
Short-Term Investments
Other Short-Term Assets $73.40M $82.60M
YoY Change -11.14% 19.54%
Inventory $1.787B $2.062B
Prepaid Expenses
Receivables $1.350B $1.379B
Other Receivables $13.60M $0.00
Total Short-Term Assets $3.366B $3.648B
YoY Change -7.74% 16.02%
LONG-TERM ASSETS
Property, Plant & Equipment $1.763B $1.666B
YoY Change 5.81% 1.07%
Goodwill $1.874B
YoY Change
Intangibles $1.052B
YoY Change
Long-Term Investments
YoY Change
Other Assets $83.90M $87.80M
YoY Change -4.44% 9.61%
Total Long-Term Assets $4.961B $4.704B
YoY Change 5.46% 0.38%
TOTAL ASSETS
Total Short-Term Assets $3.366B $3.648B
Total Long-Term Assets $4.961B $4.704B
Total Assets $8.327B $8.353B
YoY Change -0.31% 6.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $396.1M $517.8M
YoY Change -23.5% 22.93%
Accrued Expenses $79.30M $268.7M
YoY Change -70.49% 9.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $65.30M $104.4M
YoY Change -37.45% 32.32%
Total Short-Term Liabilities $760.8M $899.4M
YoY Change -15.41% 20.27%
LONG-TERM LIABILITIES
Long-Term Debt $1.945B $1.933B
YoY Change 0.63% -2.88%
Other Long-Term Liabilities $15.30M $102.2M
YoY Change -85.03% -1.92%
Total Long-Term Liabilities $1.960B $2.035B
YoY Change -3.67% -2.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $760.8M $899.4M
Total Long-Term Liabilities $1.960B $2.035B
Total Liabilities $2.721B $3.406B
YoY Change -20.12% -2.68%
SHAREHOLDERS EQUITY
Retained Earnings $4.936B
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.941B $4.946B
YoY Change
Total Liabilities & Shareholders Equity $8.327B $8.353B
YoY Change -0.31% 6.66%

Cashflow Statement

Concept 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income $184.3M $233.1M
YoY Change -20.94% 126.31%
Depreciation, Depletion And Amortization $54.40M $54.30M
YoY Change 0.18% -1.27%
Cash From Operating Activities $346.0M $83.70M
YoY Change 313.38% 133.15%
INVESTING ACTIVITIES
Capital Expenditures -$70.90M -$56.80M
YoY Change 24.82% 46.77%
Acquisitions
YoY Change
Other Investing Activities $1.700M $5.100M
YoY Change -66.67% 34.21%
Cash From Investing Activities -$69.20M -$51.70M
YoY Change 33.85% 48.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -267.7M -50.10M
YoY Change 434.33% -591.18%
NET CHANGE
Cash From Operating Activities 346.0M 83.70M
Cash From Investing Activities -69.20M -51.70M
Cash From Financing Activities -267.7M -50.10M
Net Change In Cash 9.100M -18.10M
YoY Change -150.28% -261.61%
FREE CASH FLOW
Cash From Operating Activities $346.0M $83.70M
Capital Expenditures -$70.90M -$56.80M
Free Cash Flow $416.9M $140.5M
YoY Change 196.73% 88.34%

Facts In Submission

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