$SXT
SENSIENT TECHNOLOGIES CORP

2023 Q3 Form 10-Q Financial Statement

#000114036123038503 Filed on August 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $363.8M $374.3M
YoY Change 0.76% 0.7%
Cost Of Revenue $250.2M $252.1M
YoY Change 4.55% 4.75%
Gross Profit $113.6M $122.2M
YoY Change -6.68% -6.74%
Gross Profit Margin 31.23% 32.64%
Selling, General & Admin $69.10M $70.59M
YoY Change -6.96% -6.83%
% of Gross Profit 60.81% 57.77%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.77M $14.44M
YoY Change 12.9% 10.03%
% of Gross Profit 13.0% 11.82%
Operating Expenses $69.10M $70.59M
YoY Change -6.96% -6.83%
Operating Profit $44.53M $51.59M
YoY Change -6.24% -6.61%
Interest Expense $6.294M -$6.352M
YoY Change -271.41% -306.03%
% of Operating Profit 14.13% -12.31%
Other Income/Expense, Net
YoY Change
Pretax Income $38.24M $45.24M
YoY Change -12.74% -13.27%
Income Tax $6.694M $11.21M
% Of Pretax Income 17.51% 24.77%
Net Earnings $31.54M $34.03M
YoY Change -12.5% -11.94%
Net Earnings / Revenue 8.67% 9.09%
Basic Earnings Per Share $0.75 $0.81
Diluted Earnings Per Share $0.75 $0.81
COMMON SHARES
Basic Shares Outstanding 42.25M 42.24M
Diluted Shares Outstanding 42.23M 42.24M

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $31.99M $36.55M
YoY Change -31.33% 44.62%
Cash & Equivalents $31.99M $36.55M
Short-Term Investments
Other Short-Term Assets $41.48M $42.95M
YoY Change -9.01% -10.8%
Inventory $587.0M $588.5M
Prepaid Expenses
Receivables $284.7M $300.7M
Other Receivables $0.00 $0.00
Total Short-Term Assets $945.2M $968.7M
YoY Change 7.31% 17.91%
LONG-TERM ASSETS
Property, Plant & Equipment $506.5M $505.0M
YoY Change 15.01% 13.82%
Goodwill $415.6M $422.2M
YoY Change 6.35% 4.61%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $94.65M $132.5M
YoY Change -16.38% 31.37%
Total Long-Term Assets $1.065B $1.078B
YoY Change 11.12% 9.76%
TOTAL ASSETS
Total Short-Term Assets $945.2M $968.7M
Total Long-Term Assets $1.065B $1.078B
Total Assets $2.010B $2.046B
YoY Change 9.3% 13.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $111.0M $119.3M
YoY Change -16.5% -15.23%
Accrued Expenses $82.49M $75.65M
YoY Change -13.35% 18811.25%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $15.44M
YoY Change -100.0%
Long-Term Debt Due $22.81M $15.44M
YoY Change 3.92% -42.02%
Total Short-Term Liabilities $223.8M $222.6M
YoY Change -12.37% -15.64%
LONG-TERM LIABILITIES
Long-Term Debt $648.6M $686.6M
YoY Change 18.52% 37.67%
Other Long-Term Liabilities $37.12M $82.71M
YoY Change -54.78% 118.28%
Total Long-Term Liabilities $685.7M $769.3M
YoY Change 8.96% 43.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $223.8M $222.6M
Total Long-Term Liabilities $685.7M $769.3M
Total Liabilities $909.5M $991.9M
YoY Change 2.8% 23.91%
SHAREHOLDERS EQUITY
Retained Earnings $1.750B $1.736B
YoY Change 3.5% 3.82%
Common Stock $122.2M $119.7M
YoY Change -2.87% -1.86%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.058B $1.054B
YoY Change
Total Liabilities & Shareholders Equity $2.010B $2.046B
YoY Change 9.3% 13.48%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $31.54M $34.03M
YoY Change -12.5% -11.94%
Depreciation, Depletion And Amortization $14.77M $14.44M
YoY Change 12.9% 10.03%
Cash From Operating Activities $55.12M $54.75M
YoY Change -798.14% 131.15%
INVESTING ACTIVITIES
Capital Expenditures $22.58M $22.86M
YoY Change -217.4% -215.85%
Acquisitions
YoY Change
Other Investing Activities $59.00K $2.708M
YoY Change -103.53% 137.54%
Cash From Investing Activities -$22.52M -$20.15M
YoY Change 7.73% 8.39%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -36.97M -24.02M
YoY Change -182.26% 77.14%
NET CHANGE
Cash From Operating Activities 55.12M 54.75M
Cash From Investing Activities -22.52M -20.15M
Cash From Financing Activities -36.97M -24.02M
Net Change In Cash -4.378M 10.58M
YoY Change -127.12% -224.95%
FREE CASH FLOW
Cash From Operating Activities $55.12M $54.75M
Capital Expenditures $22.58M $22.86M
Free Cash Flow $32.54M $31.89M
YoY Change 186.92% -26.55%

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