$SEB
SEABOARD CORP /DE/

2021 Q2 Form 10-Q Financial Statement

#000008812121000033 Filed on May 04, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q1
Revenue $2.059B $1.683B
YoY Change 13.88% 9.07%
Cost Of Revenue $1.881B $1.548B
YoY Change 9.42% 3.68%
Gross Profit $178.0M $135.0M
YoY Change 100.0% 170.0%
Gross Profit Margin 8.64% 8.02%
Selling, General & Admin $86.00M $72.00M
YoY Change 7.5% -14.29%
% of Gross Profit 48.31% 53.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $42.00M $36.00M
YoY Change 16.67% 5.88%
% of Gross Profit 23.6% 26.67%
Operating Expenses $86.00M $72.00M
YoY Change 7.5% -14.29%
Operating Profit $92.00M $63.00M
YoY Change 922.22% -285.29%
Interest Expense $101.0M $5.000M
YoY Change 1583.33% -16.67%
% of Operating Profit 109.78% 7.94%
Other Income/Expense, Net $107.0M -$237.0M
YoY Change 1.9% -339.39%
Pretax Income $199.0M -$174.0M
YoY Change 74.56% -367.69%
Income Tax $20.00M -$71.00M
% Of Pretax Income 10.05%
Net Earnings $179.0M -$103.0M
YoY Change -762.96% -280.7%
Net Earnings / Revenue 8.69% -6.12%
Basic Earnings Per Share $154.00 -$88.73
Diluted Earnings Per Share $154.2M -$88.50M
COMMON SHARES
Basic Shares Outstanding 1.161M 1.164M
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q2 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.449B $1.226B
YoY Change 15.37% -20.75%
Cash & Equivalents $65.00M $101.0M
Short-Term Investments $1.384B $1.125B
Other Short-Term Assets $130.0M $115.0M
YoY Change 11.11% -19.58%
Inventory $1.360B $1.122B
Prepaid Expenses
Receivables $672.0M $691.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $3.611B $3.154B
YoY Change 23.92% -0.88%
LONG-TERM ASSETS
Property, Plant & Equipment $2.032B $1.463B
YoY Change 37.39% -13.74%
Goodwill $172.0M $164.0M
YoY Change 5.52%
Intangibles
YoY Change
Long-Term Investments $677.0M $731.0M
YoY Change -4.11% -7.35%
Other Assets $201.0M $187.0M
YoY Change 10.44% 30.77%
Total Long-Term Assets $3.082B $3.001B
YoY Change 4.16% 7.41%
TOTAL ASSETS
Total Short-Term Assets $3.611B $3.154B
Total Long-Term Assets $3.082B $3.001B
Total Assets $6.693B $6.155B
YoY Change 13.96% 3.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $338.0M $336.0M
YoY Change 78.84% 13.13%
Accrued Expenses $114.0M $114.0M
YoY Change 0.88% 12.87%
Deferred Revenue $88.00M $57.00M
YoY Change 100.0%
Short-Term Debt $346.0M $339.0M
YoY Change 57.27% 34.52%
Long-Term Debt Due $9.000M $105.0M
YoY Change -89.02% 98.11%
Total Short-Term Liabilities $1.183B $1.274B
YoY Change 15.75% 22.97%
LONG-TERM LIABILITIES
Long-Term Debt $704.0M $686.0M
YoY Change 2.47% -6.67%
Other Long-Term Liabilities $369.0M $304.0M
YoY Change 12.16% -56.32%
Total Long-Term Liabilities $1.490B $1.444B
YoY Change 1.98% 0.91%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.183B $1.274B
Total Long-Term Liabilities $1.490B $1.444B
Total Liabilities $2.673B $2.718B
YoY Change 7.65% 3.9%
SHAREHOLDERS EQUITY
Retained Earnings $4.463B $3.861B
YoY Change 16.44%
Common Stock $1.000M $1.000M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.009B $3.427B
YoY Change
Total Liabilities & Shareholders Equity $6.693B $6.155B
YoY Change 13.96% 3.0%

Cashflow Statement

Concept 2021 Q2 2020 Q1
OPERATING ACTIVITIES
Net Income $179.0M -$103.0M
YoY Change -762.96% -280.7%
Depreciation, Depletion And Amortization $42.00M $36.00M
YoY Change 16.67% 5.88%
Cash From Operating Activities -$150.0M -$106.0M
YoY Change -241.51% -0.93%
INVESTING ACTIVITIES
Capital Expenditures $96.00M $55.00M
YoY Change -281.13% -33.73%
Acquisitions
YoY Change
Other Investing Activities -$18.00M $61.00M
YoY Change -125.71% -1625.0%
Cash From Investing Activities $69.00M $6.000M
YoY Change 305.88% -104.72%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $13.00M
YoY Change 0.0%
Debt Paid & Issued, Net $48.00M $6.000M
YoY Change 200.0%
Cash From Financing Activities 71.00M 77.00M
YoY Change -148.97% -22.22%
NET CHANGE
Cash From Operating Activities -150.0M -106.0M
Cash From Investing Activities 69.00M 6.000M
Cash From Financing Activities 71.00M 77.00M
Net Change In Cash -11.00M -24.00M
YoY Change -50.0% -82.22%
FREE CASH FLOW
Cash From Operating Activities -$150.0M -$106.0M
Capital Expenditures $96.00M $55.00M
Free Cash Flow -$246.0M -$161.0M
YoY Change -254.72% -15.26%

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