ATR FY 2009 Earnings Report — AptarGroup, Inc. Revenue & Financial Results | Market Cap Arena

AptarGroup, Inc.ATR

FY 2009 Earnings

Reported February 26, 2010

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2009	Prior Q	FY 2008	QoQ Change	YoY Change
Revenue	$1.8B	—	$2.1B	—	-11.1%
Op. Income	$206M	—	$228M	—	-9.8%
Gross Margin	33.4%	—	31.9%	—	1.6pp
Net Margin	6.8%	—	7.4%	—	-0.6pp
EPS (Diluted)	$1.79	—	$2.18	—	-17.9%
Free Cash Flow	$135M	—	$65M	—	106.1%

Revenue Flow

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$1.2B
GROSS PROFIT	$616M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$277M
SG&A Expenses	$277M
Other Expenses	$133M
Operating Expenses	$418M
Cost & Expenses	$1.6B
OPERATING INCOME	$206M
Interest Income	$3M
Interest Expense	$16M
Other Income/Expenses	-$22M
INCOME BEFORE TAX	$184M
Income Tax Expense	$59M
Net Income from Continuing Ops	$125M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$125M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$125M
D&A	$133M
EBIT	$201M
EBITDA	$334M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$1.2B
GROSS PROFIT	$616M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$277M
SG&A Expenses	$277M
Other Expenses	$133M
Operating Expenses	$418M
Cost & Expenses	$1.6B
OPERATING INCOME	$206M
Interest Income	$3M
Interest Expense	$16M
Other Income/Expenses	-$22M
INCOME BEFORE TAX	$184M
Income Tax Expense	$59M
Net Income from Continuing Ops	$125M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$125M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$125M
D&A	$133M
EBIT	$201M
EBITDA	$334M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$125M
Depreciation & Amortization	$133M
Stock-Based Compensation	$10M
Deferred Income Tax	-$1M
Other Non-Cash Items	$14M
Change in Working Capital	-$256.0K
OPERATING CASH FLOW	$280M
Capital Expenditure	-$145M
Acquisitions (Net)	-$8M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$2M
NET CASH FROM INVESTING	-$151M
Net Debt Issuance	$46M
Common Stock Repurchased	-$30M
Common Dividends Paid	-$41M
Other Financing Activities	$11M
NET CASH FROM FINANCING	-$13M
FREE CASH FLOW	$135M
Net Change in Cash	$141M

Balance Sheet

Item	Amount
Cash & Equivalents	$333M
Short-Term Investments	$0
Net Receivables	$320M
Inventory	$231M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$943M
PP&E (Net)	$764M
Goodwill	$231M
Intangible Assets	$9M
Long-Term Investments	$898.0K
Tax Assets	$0
Other Non-Current Assets	$8M
TOTAL NON-CURRENT ASSETS	$1.0B
TOTAL ASSETS	$2.0B
Account Payables	$0
Short-Term Debt	$103M
Deferred Revenue	$0
Other Current Liabilities	$289M
TOTAL CURRENT LIABILITIES	$417M
Long-Term Debt	$210M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$21M
Other Non-Current Liabilities	$55M
TOTAL NON-CURRENT LIABILITIES	$285M
TOTAL LIABILITIES	$703M
Common Stock	$806.0K
Additional Paid-In Capital	$272M
Retained Earnings	$1.2B
Treasury Stock	-$357M
Accum. Other Comp. Income	$186M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.3B
Minority Interest	$791.0K
TOTAL EQUITY	$1.3B
TOTAL LIABILITIES & EQUITY	$2.0B
Total Debt	$338M
Net Debt	$5M