ATR FY 2007 Earnings Report — AptarGroup, Inc. Revenue & Financial Results | Market Cap Arena

AptarGroup, Inc.ATR

FY 2007 Earnings

Reported February 28, 2008

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2007	Prior Q	FY 2006	QoQ Change	YoY Change
Revenue	$1.9B	—	$1.6B	—	18.2%
Op. Income	$211M	—	$162M	—	30.4%
Gross Margin	32.2%	—	32.2%	—	-0.0pp
Net Margin	7.5%	—	6.4%	—	1.1pp
EPS (Diluted)	$1.98	—	$1.44	—	37.5%
Free Cash Flow	$134M	—	$85M	—	57.8%

Revenue Flow

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$1.3B
GROSS PROFIT	$608M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$274M
SG&A Expenses	$274M
Other Expenses	$123M
Operating Expenses	$398M
Cost & Expenses	$1.7B
OPERATING INCOME	$211M
Interest Income	$9M
Interest Expense	$19M
Other Income/Expenses	-$11M
INCOME BEFORE TAX	$200M
Income Tax Expense	$60M
Net Income from Continuing Ops	$140M
Net Income from Discontinued Ops	$2M
Other Adjustments	-$33.0K
NET INCOME	$142M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$142M
D&A	$123M
EBIT	$219M
EBITDA	$343M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$1.3B
GROSS PROFIT	$608M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$274M
SG&A Expenses	$274M
Other Expenses	$123M
Operating Expenses	$398M
Cost & Expenses	$1.7B
OPERATING INCOME	$211M
Interest Income	$9M
Interest Expense	$19M
Other Income/Expenses	-$11M
INCOME BEFORE TAX	$200M
Income Tax Expense	$60M
Net Income from Continuing Ops	$140M
Net Income from Discontinued Ops	$2M
Other Adjustments	-$33.0K
NET INCOME	$142M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$142M
D&A	$123M
EBIT	$219M
EBITDA	$343M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$142M
Depreciation & Amortization	$123M
Stock-Based Compensation	$14M
Deferred Income Tax	-$12M
Other Non-Cash Items	$1M
Change in Working Capital	$5M
OPERATING CASH FLOW	$273M
Capital Expenditure	-$139M
Acquisitions (Net)	$2M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$6M
NET CASH FROM INVESTING	-$131M
Net Debt Issuance	$64M
Common Stock Repurchased	-$76M
Common Dividends Paid	-$34M
Other Financing Activities	$24M
NET CASH FROM FINANCING	-$23M
FREE CASH FLOW	$134M
Net Change in Cash	$143M

Balance Sheet

Item	Amount
Cash & Equivalents	$314M
Short-Term Investments	$0
Net Receivables	$361M
Inventory	$273M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.0B
PP&E (Net)	$657M
Goodwill	$223M
Intangible Assets	$25M
Long-Term Investments	$4M
Tax Assets	$0
Other Non-Current Assets	$0
TOTAL NON-CURRENT ASSETS	$909M
TOTAL ASSETS	$1.9B
Account Payables	$349M
Short-Term Debt	$216M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$565M
Long-Term Debt	$147M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$29M
Other Non-Current Liabilities	$52M
TOTAL NON-CURRENT LIABILITIES	$227M
TOTAL LIABILITIES	$792M
Common Stock	$794.0K
Additional Paid-In Capital	$229M
Retained Earnings	$951M
Treasury Stock	-$276M
Accum. Other Comp. Income	$214M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.1B
Minority Interest	$553.0K
TOTAL EQUITY	$1.1B
TOTAL LIABILITIES & EQUITY	$1.9B
Total Debt	$363M
Net Debt	$49M