2012 Q4 Form 10-Q Financial Statement

#000119312512426871 Filed on October 18, 2012

View on sec.gov

Income Statement

Concept 2012 Q4 2012 Q3 2011 Q4
Revenue $753.2M $752.1M $697.2M
YoY Change 8.03% 3.5% 6.75%
Cost Of Revenue $401.2M $371.2M $367.9M
YoY Change 9.05% -3.46% 4.55%
Gross Profit $352.0M $340.4M $329.3M
YoY Change 6.89% -0.53% 9.33%
Gross Profit Margin 46.73% 45.26% 47.23%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $19.50M $19.00M $18.80M
YoY Change 3.72% 3.83% 4.44%
% of Gross Profit 5.54% 5.58% 5.71%
Operating Expenses $211.3M $244.2M $235.0M
YoY Change -10.09% 0.33% 8.34%
Operating Profit $140.7M $124.1M $115.1M
YoY Change 22.24% -7.59% 36.54%
Interest Expense -$14.10M $13.60M $15.10M
YoY Change -193.38% -16.56% -219.84%
% of Operating Profit -10.02% 10.96% 13.12%
Other Income/Expense, Net -$200.0K -$200.0K -$1.700M
YoY Change -88.24% -122.22% 750.0%
Pretax Income $126.4M $110.3M $98.30M
YoY Change 28.59% -7.23% 38.45%
Income Tax $39.80M $34.90M $30.50M
% Of Pretax Income 31.49% 31.64% 31.03%
Net Earnings $84.60M $74.10M $67.80M
YoY Change 24.78% -5.0% 45.81%
Net Earnings / Revenue 11.23% 9.85% 9.72%
Basic Earnings Per Share $1.45 $1.27 $1.16
Diluted Earnings Per Share $1.43 $1.26 $1.16
COMMON SHARES
Basic Shares Outstanding 58.23M shares 58.26M shares 52.17M shares
Diluted Shares Outstanding 58.86M shares 58.68M shares

Balance Sheet

Concept 2012 Q4 2012 Q3 2011 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $214.5M $176.1M $185.7M
YoY Change 15.51% -57.89% -48.4%
Cash & Equivalents $214.5M $176.1M $185.6M
Short-Term Investments
Other Short-Term Assets $166.6M $176.6M $175.9M
YoY Change -5.29% -0.23% 2.69%
Inventory $404.2M $417.5M $386.4M
Prepaid Expenses
Receivables $497.9M $476.9M $463.5M
Other Receivables $385.8M $376.8M $264.0M
Total Short-Term Assets $1.669B $1.624B $1.531B
YoY Change 9.04% -6.45% -0.08%
LONG-TERM ASSETS
Property, Plant & Equipment $375.2M $373.3M $352.9M
YoY Change 6.32% 4.51% 7.17%
Goodwill $807.4M $799.9M $795.8M
YoY Change 1.46%
Intangibles $235.7M $235.7M $235.4M
YoY Change 0.13%
Long-Term Investments $13.50M $44.90M $40.70M
YoY Change -66.83%
Other Assets $64.10M $92.50M $83.10M
YoY Change -22.86% -46.22% -51.09%
Total Long-Term Assets $2.233B $2.248B $2.142B
YoY Change 4.25% 7.53% 11.23%
TOTAL ASSETS
Total Short-Term Assets $1.669B $1.624B $1.531B
Total Long-Term Assets $2.233B $2.248B $2.142B
Total Assets $3.902B $3.872B $3.673B
YoY Change 6.25% 1.19% 6.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $142.5M $146.9M $124.6M
YoY Change 14.37% 5.68% -2.5%
Accrued Expenses $50.60M $47.90M $48.80M
YoY Change 3.69% -87.24% -89.43%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $5.200M $18.70M $13.90M
YoY Change -62.59% -91.3% -93.63%
Total Short-Term Liabilities $589.2M $621.6M $583.8M
YoY Change 0.92% -19.38% -31.11%
LONG-TERM LIABILITIES
Long-Term Debt $970.4M $971.2M $967.9M
YoY Change 0.26% 1.64% 35.88%
Other Long-Term Liabilities $87.50M $98.60M $95.30M
YoY Change -8.18% -76.48% -77.06%
Total Long-Term Liabilities $1.058B $1.070B $1.063B
YoY Change -0.5% -22.18% -5.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $589.2M $621.6M $583.8M
Total Long-Term Liabilities $1.058B $1.070B $1.063B
Total Liabilities $2.083B $2.116B $2.126B
YoY Change -1.99% -6.39% 2.36%
SHAREHOLDERS EQUITY
Retained Earnings $2.067B $2.005B $1.844B
YoY Change 12.11%
Common Stock $67.40M $67.40M $67.30M
YoY Change 0.15%
Preferred Stock
YoY Change
Treasury Stock (at cost) $412.7M $406.5M $386.9M
YoY Change 6.67%
Treasury Stock Shares 9.102M shares 9133B shares 9.110M shares
Shareholders Equity $1.802B $1.740B $1.531B
YoY Change
Total Liabilities & Shareholders Equity $3.902B $3.872B $3.673B
YoY Change 6.25% 1.19% 6.22%

Cashflow Statement

Concept 2012 Q4 2012 Q3 2011 Q4
OPERATING ACTIVITIES
Net Income $84.60M $74.10M $67.80M
YoY Change 24.78% -5.0% 45.81%
Depreciation, Depletion And Amortization $19.50M $19.00M $18.80M
YoY Change 3.72% 3.83% 4.44%
Cash From Operating Activities $102.9M $69.70M $42.00M
YoY Change 145.0% -608.76% 311.76%
INVESTING ACTIVITIES
Capital Expenditures -$19.90M -$19.70M -$13.30M
YoY Change 49.62% 34.01% 26.67%
Acquisitions
YoY Change
Other Investing Activities $400.0K -$27.10M -$35.60M
YoY Change -101.12% -42.09% -40.07%
Cash From Investing Activities -$19.50M -$46.80M -$48.90M
YoY Change -60.12% -23.9% -30.04%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -44.90M -21.50M -222.9M
YoY Change -79.86% -13.31% 1601.53%
NET CHANGE
Cash From Operating Activities 102.9M 69.70M 42.00M
Cash From Investing Activities -19.50M -46.80M -48.90M
Cash From Financing Activities -44.90M -21.50M -222.9M
Net Change In Cash 38.50M 1.400M -229.8M
YoY Change -116.75% -101.4% 215.66%
FREE CASH FLOW
Cash From Operating Activities $102.9M $69.70M $42.00M
Capital Expenditures -$19.90M -$19.70M -$13.30M
Free Cash Flow $122.8M $89.40M $55.30M
YoY Change 122.06% 8840.0% 167.15%

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dei Document Type
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dei Trading Symbol
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SNAP-ON Inc
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