$SXT
SENSIENT TECHNOLOGIES CORP

2024 Q2 Form 10-Q Financial Statement

#000114036124024653 Filed on May 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $403.5M $384.7M
YoY Change 7.8% 4.24%
Cost Of Revenue $272.6M $258.0M
YoY Change 8.11% 5.6%
Gross Profit $130.9M $126.7M
YoY Change 7.16% 1.6%
Gross Profit Margin 32.45% 32.93%
Selling, General & Admin $79.52M $74.44M
YoY Change 12.66% 0.83%
% of Gross Profit 60.74% 58.77%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $15.02M $14.71M
YoY Change 3.99% 3.95%
% of Gross Profit 11.47% 11.61%
Operating Expenses $79.52M $74.44M
YoY Change 12.66% 0.83%
Operating Profit $51.41M $52.22M
YoY Change -0.35% 2.71%
Interest Expense -$7.653M -$7.045M
YoY Change 20.48% -217.38%
% of Operating Profit -14.89% -13.49%
Other Income/Expense, Net
YoY Change
Pretax Income $42.00M $42.36M
YoY Change -7.15% -5.52%
Income Tax $11.07M $11.42M
% Of Pretax Income 26.36% 26.96%
Net Earnings $30.93M $30.94M
YoY Change -9.11% -8.06%
Net Earnings / Revenue 7.67% 8.04%
Basic Earnings Per Share $0.73 $0.73
Diluted Earnings Per Share $0.73 $0.73
COMMON SHARES
Basic Shares Outstanding 42.36M 42.34M
Diluted Shares Outstanding 42.40M 42.31M

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $30.34M $25.42M
YoY Change -16.98% 5.83%
Cash & Equivalents $30.34M $25.42M
Short-Term Investments
Other Short-Term Assets $44.90M $50.39M
YoY Change 4.55% 1.51%
Inventory $553.4M $568.5M
Prepaid Expenses
Receivables $315.6M $298.5M
Other Receivables $0.00 $0.00
Total Short-Term Assets $944.3M $942.8M
YoY Change -2.52% -1.78%
LONG-TERM ASSETS
Property, Plant & Equipment $491.1M $498.2M
YoY Change -2.74% 0.89%
Goodwill $418.2M $420.5M
YoY Change -0.95% 0.3%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $129.7M $132.4M
YoY Change -2.14% 37.81%
Total Long-Term Assets $1.051B $1.063B
YoY Change -2.5% 0.0%
TOTAL ASSETS
Total Short-Term Assets $944.3M $942.8M
Total Long-Term Assets $1.051B $1.063B
Total Assets $1.995B $2.006B
YoY Change -2.51% -0.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $107.2M $104.8M
YoY Change -10.16% -13.57%
Accrued Expenses $86.33M $78.58M
YoY Change 14.12% 9.79%
Deferred Revenue
YoY Change
Short-Term Debt $27.00M $19.44M
YoY Change 74.88%
Long-Term Debt Due $27.00M $19.44M
YoY Change 74.88% -21.77%
Total Short-Term Liabilities $227.0M $218.9M
YoY Change 1.97% -6.73%
LONG-TERM LIABILITIES
Long-Term Debt $634.7M $643.5M
YoY Change -7.56% -5.34%
Other Long-Term Liabilities $75.39M $79.38M
YoY Change -8.85% 116.57%
Total Long-Term Liabilities $710.1M $722.9M
YoY Change -7.7% 0.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $227.0M $218.9M
Total Long-Term Liabilities $710.1M $722.9M
Total Liabilities $937.1M $941.7M
YoY Change -5.53% -0.98%
SHAREHOLDERS EQUITY
Retained Earnings $1.754B $1.741B
YoY Change 1.05% 1.25%
Common Stock $120.1M $117.8M
YoY Change 0.33% -0.17%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.058B $1.064B
YoY Change
Total Liabilities & Shareholders Equity $1.995B $2.006B
YoY Change -2.51% -0.84%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $30.93M $30.94M
YoY Change -9.11% -8.06%
Depreciation, Depletion And Amortization $15.02M $14.71M
YoY Change 3.99% 3.95%
Cash From Operating Activities $43.81M $15.13M
YoY Change -19.97% -597.01%
INVESTING ACTIVITIES
Capital Expenditures $11.82M $11.03M
YoY Change -48.29% -50.49%
Acquisitions
YoY Change
Other Investing Activities -$132.0K $92.00K
YoY Change -104.87% -84.72%
Cash From Investing Activities -$11.95M -$10.94M
YoY Change -40.69% -52.19%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -16.96M -9.118M
YoY Change -29.37% -137.14%
NET CHANGE
Cash From Operating Activities 43.81M 15.13M
Cash From Investing Activities -11.95M -10.94M
Cash From Financing Activities -16.96M -9.118M
Net Change In Cash 14.90M -4.922M
YoY Change 40.81% -258.98%
FREE CASH FLOW
Cash From Operating Activities $43.81M $15.13M
Capital Expenditures $11.82M $11.03M
Free Cash Flow $31.99M $4.104M
YoY Change 0.33% -116.21%

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