$SXT
SENSIENT TECHNOLOGIES CORP

2022 Q1 Form 10-Q Financial Statement

#000114036122017444 Filed on May 03, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $355.5M $359.7M
YoY Change -1.16% 2.57%
Cost Of Revenue $230.7M $244.1M
YoY Change -5.5% 2.31%
Gross Profit $124.8M $115.6M
YoY Change 8.0% 3.12%
Gross Profit Margin 35.12% 32.14%
Selling, General & Admin $72.06M $68.72M
YoY Change 4.86% -11.14%
% of Gross Profit 57.72% 59.44%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.06M $12.80M
YoY Change 2.0% 3.23%
% of Gross Profit 10.46% 11.07%
Operating Expenses $72.06M $68.72M
YoY Change 4.86% -11.14%
Operating Profit $52.79M $46.90M
YoY Change 12.56% 35.69%
Interest Expense $2.993M $3.433M
YoY Change -12.82% -20.29%
% of Operating Profit 5.67% 7.32%
Other Income/Expense, Net
YoY Change
Pretax Income $49.80M $43.46M
YoY Change 14.57% 43.66%
Income Tax $12.73M $11.80M
% Of Pretax Income 25.55% 27.14%
Net Earnings $37.07M $31.67M
YoY Change 17.06% 52.45%
Net Earnings / Revenue 10.43% 8.8%
Basic Earnings Per Share $0.89 $0.75
Diluted Earnings Per Share $0.88 $0.75
COMMON SHARES
Basic Shares Outstanding 41.87M 42.26M
Diluted Shares Outstanding 42.15M 42.39M

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $32.17M $28.00M
YoY Change 14.91% 21.21%
Cash & Equivalents $32.17M $28.00M
Short-Term Investments
Other Short-Term Assets $46.08M $101.6M
YoY Change -54.64% -13.46%
Inventory $422.8M $350.3M
Prepaid Expenses
Receivables $282.3M $257.3M
Other Receivables $0.00 $0.00
Total Short-Term Assets $783.4M $737.2M
YoY Change 6.26% -3.6%
LONG-TERM ASSETS
Property, Plant & Equipment $445.3M $442.1M
YoY Change 0.71% 4.52%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $130.2M $114.3M
YoY Change 13.91% 22.77%
Total Long-Term Assets $1.005B $983.8M
YoY Change 2.18% 6.0%
TOTAL ASSETS
Total Short-Term Assets $783.4M $737.2M
Total Long-Term Assets $1.005B $983.8M
Total Assets $1.789B $1.721B
YoY Change 3.93% 1.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $114.9M $101.2M
YoY Change 13.5% 10.72%
Accrued Expenses $500.0K $1.900M
YoY Change -73.68% -96.88%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $7.475M $6.100M
YoY Change 22.54% -69.65%
Total Short-Term Liabilities $214.4M $198.8M
YoY Change 7.84% -0.9%
LONG-TERM LIABILITIES
Long-Term Debt $530.0M $524.2M
YoY Change 1.11% -11.05%
Other Long-Term Liabilities $68.34M $59.00M
YoY Change 15.84% 29.1%
Total Long-Term Liabilities $598.3M $583.2M
YoY Change 2.6% -8.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $214.4M $198.8M
Total Long-Term Liabilities $598.3M $583.2M
Total Liabilities $826.9M $795.4M
YoY Change 3.96% -6.45%
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 $961.7M $925.6M
YoY Change
Total Liabilities & Shareholders Equity $1.789B $1.721B
YoY Change 3.93% 1.67%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $37.07M $31.67M
YoY Change 17.06% 52.45%
Depreciation, Depletion And Amortization $13.06M $12.80M
YoY Change 2.0% 3.23%
Cash From Operating Activities -$892.0K $29.00M
YoY Change -103.08% -21.41%
INVESTING ACTIVITIES
Capital Expenditures -$12.74M -$14.20M
YoY Change -10.31% 51.06%
Acquisitions
YoY Change
Other Investing Activities $523.0K $4.400M
YoY Change -88.11% -2.22%
Cash From Investing Activities -$12.21M -$9.800M
YoY Change 24.62% 100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $11.67M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 14.93M -15.90M
YoY Change -193.92% -12.64%
NET CHANGE
Cash From Operating Activities -892.0K 29.00M
Cash From Investing Activities -12.21M -9.800M
Cash From Financing Activities 14.93M -15.90M
Net Change In Cash 1.829M 3.300M
YoY Change -44.58% -76.09%
FREE CASH FLOW
Cash From Operating Activities -$892.0K $29.00M
Capital Expenditures -$12.74M -$14.20M
Free Cash Flow $11.84M $43.20M
YoY Change -72.58% -6.7%

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