$SXT
SENSIENT TECHNOLOGIES CORP

2020 Q2 Form 10-Q Financial Statement

#000114036120010569 Filed on May 04, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2020 Q1 2019 Q1
Revenue $323.1M $350.7M $347.5M
YoY Change -4.75% 0.91% -2.52%
Cost Of Revenue $219.1M $238.6M $232.3M
YoY Change -3.65% 2.71% -0.47%
Gross Profit $104.0M $112.1M $115.2M
YoY Change -6.98% -2.69% -6.42%
Gross Profit Margin 32.19% 31.97% 33.15%
Selling, General & Admin $63.40M $77.33M $65.81M
YoY Change -1.55% 17.52% -2.37%
% of Gross Profit 60.96% 68.98% 57.12%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.10M $12.40M $13.70M
YoY Change -13.57% -9.49% 8.73%
% of Gross Profit 11.63% 11.06% 11.89%
Operating Expenses $63.40M $77.33M $65.81M
YoY Change -1.55% 17.52% -2.37%
Operating Profit $42.13M $34.56M $49.42M
YoY Change -11.07% -30.07% -11.27%
Interest Expense $3.608M $4.307M $5.402M
YoY Change -30.62% -20.27% -196.46%
% of Operating Profit 8.56% 12.46% 10.93%
Other Income/Expense, Net
YoY Change
Pretax Income $38.52M $30.25M $44.02M
YoY Change -8.66% -31.27% -12.14%
Income Tax $7.900M $9.481M $11.21M
% Of Pretax Income 20.51% 31.34% 25.47%
Net Earnings $30.62M $20.77M $32.81M
YoY Change -10.81% -36.68% -14.12%
Net Earnings / Revenue 9.48% 5.92% 9.44%
Basic Earnings Per Share $0.49 $0.78
Diluted Earnings Per Share $723.4K $0.49 $0.78
COMMON SHARES
Basic Shares Outstanding 42.36M 42.28M 42.24M
Diluted Shares Outstanding 42.31M 42.28M

Balance Sheet

Concept 2020 Q2 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $20.90M $23.10M $33.90M
YoY Change -30.1% -31.86% 11.51%
Cash & Equivalents $20.90M $23.10M $33.90M
Short-Term Investments
Other Short-Term Assets $99.10M $117.4M $50.30M
YoY Change 110.85% 133.4% 7.02%
Inventory $388.6M $384.2M $468.3M
Prepaid Expenses
Receivables $229.6M $240.1M $273.8M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $738.3M $764.7M $826.3M
YoY Change -9.09% -7.45% 8.45%
LONG-TERM ASSETS
Property, Plant & Equipment $423.3M $423.0M $506.8M
YoY Change -12.03% -16.54% 0.96%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $96.50M $93.10M $75.70M
YoY Change 9.33% 22.99% -3.44%
Total Long-Term Assets $935.0M $928.1M $1.015B
YoY Change -7.74% -8.53% 0.11%
TOTAL ASSETS
Total Short-Term Assets $738.3M $764.7M $826.3M
Total Long-Term Assets $935.0M $928.1M $1.015B
Total Assets $1.673B $1.693B $1.841B
YoY Change -8.34% -8.04% 3.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $97.30M $91.40M $108.4M
YoY Change -9.99% -15.68% 12.8%
Accrued Expenses $67.80M $60.90M $59.00M
YoY Change 10.97% 3.22% -17.83%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due $18.30M $20.10M $20.10M
YoY Change -9.85% 0.0%
Total Short-Term Liabilities $213.2M $200.6M $197.5M
YoY Change 9.52% 1.57% -2.81%
LONG-TERM LIABILITIES
Long-Term Debt $537.7M $589.3M $689.0M
YoY Change -18.13% -14.47% -0.33%
Other Long-Term Liabilities $47.10M $45.70M $45.60M
YoY Change 111.12% 0.22% 27.73%
Total Long-Term Liabilities $584.8M $635.0M $734.6M
YoY Change -13.88% -13.56% 1.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $213.2M $200.6M $197.5M
Total Long-Term Liabilities $584.8M $635.0M $734.6M
Total Liabilities $812.5M $850.2M $963.1M
YoY Change -7.01% -11.72% 1.6%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $860.7M $842.7M $877.7M
YoY Change
Total Liabilities & Shareholders Equity $1.673B $1.693B $1.841B
YoY Change -8.34% -8.04% 3.69%

Cashflow Statement

Concept 2020 Q2 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income $30.62M $20.77M $32.81M
YoY Change -10.81% -36.68% -14.12%
Depreciation, Depletion And Amortization $12.10M $12.40M $13.70M
YoY Change -13.57% -9.49% 8.73%
Cash From Operating Activities $70.70M $36.90M $23.40M
YoY Change 33.9% 57.69% -225.13%
INVESTING ACTIVITIES
Capital Expenditures -$12.00M -$9.400M -$8.300M
YoY Change 44.58% 13.25% -25.23%
Acquisitions
YoY Change
Other Investing Activities $11.20M $4.500M -$300.0K
YoY Change -11300.0% -1600.0% -100.88%
Cash From Investing Activities -$900.0K -$4.900M -$8.600M
YoY Change -89.29% -43.02% -137.07%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -75.40M -18.20M -11.90M
YoY Change 51.41% 52.94% 23.96%
NET CHANGE
Cash From Operating Activities 70.70M 36.90M 23.40M
Cash From Investing Activities -900.0K -4.900M -8.600M
Cash From Financing Activities -75.40M -18.20M -11.90M
Net Change In Cash -5.600M 13.80M 2.900M
YoY Change 3.7% 375.86% -156.86%
FREE CASH FLOW
Cash From Operating Activities $70.70M $36.90M $23.40M
Capital Expenditures -$12.00M -$9.400M -$8.300M
Free Cash Flow $82.70M $46.30M $31.70M
YoY Change 35.35% 46.06% -517.11%

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