2012 Q2 Form 10-Q Financial Statement

#000119312512307088 Filed on July 19, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q3
Revenue $777.8M $726.7M
YoY Change 12.12% 12.21%
Cost Of Revenue $388.0M $384.5M
YoY Change 7.6% 11.84%
Gross Profit $349.9M $342.2M
YoY Change 5.84% 12.64%
Gross Profit Margin 44.99% 47.09%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $19.20M $18.30M
YoY Change 4.92% 0.0%
% of Gross Profit 5.49% 5.35%
Operating Expenses $245.3M $243.4M
YoY Change 6.51% 9.39%
Operating Profit $130.2M $134.3M
YoY Change 29.81% 65.19%
Interest Expense $13.90M $16.30M
YoY Change -189.68% -213.99%
% of Operating Profit 10.68% 12.14%
Other Income/Expense, Net $100.0K $900.0K
YoY Change 200.0%
Pretax Income $116.4M $118.9M
YoY Change 38.08% 78.26%
Income Tax $38.30M $39.80M
% Of Pretax Income 32.9% 33.47%
Net Earnings $76.40M $78.00M
YoY Change 35.94% 72.19%
Net Earnings / Revenue 9.82% 10.73%
Basic Earnings Per Share $1.31 $1.34
Diluted Earnings Per Share $1.30 $1.33
COMMON SHARES
Basic Shares Outstanding 58.16M shares 58.19M shares
Diluted Shares Outstanding 58.81M shares 58.78M shares

Balance Sheet

Concept 2012 Q2 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $173.6M $418.2M
YoY Change -66.44% -2.92%
Cash & Equivalents $173.6M $418.2M
Short-Term Investments
Other Short-Term Assets $168.9M $177.0M
YoY Change -8.5% 20.74%
Inventory $401.4M $392.2M
Prepaid Expenses
Receivables $455.8M $497.7M
Other Receivables $355.1M $250.8M
Total Short-Term Assets $1.555B $1.736B
YoY Change -13.78% 16.81%
LONG-TERM ASSETS
Property, Plant & Equipment $361.6M $357.2M
YoY Change 2.55% 10.18%
Goodwill $786.2M
YoY Change
Intangibles $232.6M
YoY Change
Long-Term Investments $42.70M
YoY Change
Other Assets $87.70M $172.0M
YoY Change -46.85% 4.18%
Total Long-Term Assets $2.187B $2.091B
YoY Change 7.37% 14.42%
TOTAL ASSETS
Total Short-Term Assets $1.555B $1.736B
Total Long-Term Assets $2.187B $2.091B
Total Assets $3.742B $3.827B
YoY Change -2.56% 15.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $141.4M $139.0M
YoY Change -0.07% 8.17%
Accrued Expenses $45.00M $375.5M
YoY Change -90.55% -19.92%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $14.20M $215.0M
YoY Change -93.47% 1480.88%
Total Short-Term Liabilities $596.1M $771.0M
YoY Change -31.87% 19.28%
LONG-TERM LIABILITIES
Long-Term Debt $970.2M $955.5M
YoY Change 1.8% 5.02%
Other Long-Term Liabilities $92.80M $419.2M
YoY Change -77.36% 3.53%
Total Long-Term Liabilities $1.063B $1.375B
YoY Change -22.0% 4.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $596.1M $771.0M
Total Long-Term Liabilities $1.063B $1.375B
Total Liabilities $2.092B $2.260B
YoY Change -11.0% 9.46%
SHAREHOLDERS EQUITY
Retained Earnings $1.951B
YoY Change
Common Stock $67.30M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $400.9M
YoY Change
Treasury Stock Shares 9190B shares
Shareholders Equity $1.633B $1.567B
YoY Change
Total Liabilities & Shareholders Equity $3.742B $3.827B
YoY Change -2.56% 15.49%

Cashflow Statement

Concept 2012 Q2 2011 Q3
OPERATING ACTIVITIES
Net Income $76.40M $78.00M
YoY Change 35.94% 72.19%
Depreciation, Depletion And Amortization $19.20M $18.30M
YoY Change 4.92% 0.0%
Cash From Operating Activities $91.70M -$13.70M
YoY Change 228.67% -124.68%
INVESTING ACTIVITIES
Capital Expenditures -$18.00M -$14.70M
YoY Change -3.23% 122.73%
Acquisitions
YoY Change
Other Investing Activities -$39.50M -$46.80M
YoY Change -4.13% -40.61%
Cash From Investing Activities -$57.50M -$61.50M
YoY Change -3.85% -27.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -20.10M -24.80M
YoY Change -15.9% 136.19%
NET CHANGE
Cash From Operating Activities 91.70M -13.70M
Cash From Investing Activities -57.50M -61.50M
Cash From Financing Activities -20.10M -24.80M
Net Change In Cash 14.10M -100.0M
YoY Change -125.27% 147.52%
FREE CASH FLOW
Cash From Operating Activities $91.70M -$13.70M
Capital Expenditures -$18.00M -$14.70M
Free Cash Flow $109.7M $1.000M
YoY Change 135.91% -98.39%

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dei Trading Symbol
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SNAP-ON Inc
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