ATR FY 2010 Earnings Report — AptarGroup, Inc. Revenue & Financial Results | Market Cap Arena

AptarGroup, Inc.ATR

FY 2010 Earnings

Reported February 25, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2010	Prior Q	FY 2009	QoQ Change	YoY Change
Revenue	$2.1B	—	$1.8B	—	12.8%
Op. Income	$268M	—	$206M	—	30.2%
Gross Margin	33.6%	—	33.4%	—	0.2pp
Net Margin	8.4%	—	6.8%	—	1.6pp
EPS (Diluted)	$2.48	—	$1.79	—	38.5%
Free Cash Flow	$159M	—	$135M	—	18.5%

Revenue Flow

Item	Amount
REVENUE	$2.1B
Cost of Revenue	$1.4B
GROSS PROFIT	$698M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$297M
SG&A Expenses	$297M
Other Expenses	$133M
Operating Expenses	$430M
Cost & Expenses	$1.8B
OPERATING INCOME	$268M
Interest Income	$3M
Interest Expense	$14M
Other Income/Expenses	-$14M
INCOME BEFORE TAX	$254M
Income Tax Expense	$81M
Net Income from Continuing Ops	$174M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$173M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$173M
D&A	$133M
EBIT	$269M
EBITDA	$402M
EPS	$3
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$2.1B
Cost of Revenue	$1.4B
GROSS PROFIT	$698M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$297M
SG&A Expenses	$297M
Other Expenses	$133M
Operating Expenses	$430M
Cost & Expenses	$1.8B
OPERATING INCOME	$268M
Interest Income	$3M
Interest Expense	$14M
Other Income/Expenses	-$14M
INCOME BEFORE TAX	$254M
Income Tax Expense	$81M
Net Income from Continuing Ops	$174M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$173M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$173M
D&A	$133M
EBIT	$269M
EBITDA	$402M
EPS	$3
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$174M
Depreciation & Amortization	$133M
Stock-Based Compensation	$11M
Deferred Income Tax	$503.0K
Other Non-Cash Items	$8M
Change in Working Capital	-$48M
OPERATING CASH FLOW	$279M
Capital Expenditure	-$119M
Acquisitions (Net)	-$3M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$1M
NET CASH FROM INVESTING	-$121M
Net Debt Issuance	$17M
Common Stock Repurchased	-$86M
Common Dividends Paid	-$44M
Other Financing Activities	$34M
NET CASH FROM FINANCING	-$80M
FREE CASH FLOW	$159M
Net Change in Cash	$43M

Balance Sheet

Item	Amount
Cash & Equivalents	$376M
Short-Term Investments	$0
Net Receivables	$357M
Inventory	$272M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.1B
PP&E (Net)	$725M
Goodwill	$227M
Intangible Assets	$5M
Long-Term Investments	$853.0K
Tax Assets	$0
Other Non-Current Assets	$11M
TOTAL NON-CURRENT ASSETS	$969M
TOTAL ASSETS	$2.0B
Account Payables	$124M
Short-Term Debt	$96M
Deferred Revenue	$16M
Other Current Liabilities	$45M
TOTAL CURRENT LIABILITIES	$423M
Long-Term Debt	$259M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$22M
Other Non-Current Liabilities	$49M
TOTAL NON-CURRENT LIABILITIES	$330M
TOTAL LIABILITIES	$753M
Common Stock	$817.0K
Additional Paid-In Capital	$318M
Retained Earnings	$1.3B
Treasury Stock	-$443M
Accum. Other Comp. Income	$124M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.3B
Minority Interest	$851.0K
TOTAL EQUITY	$1.3B
TOTAL LIABILITIES & EQUITY	$2.0B
Total Debt	$404M
Net Debt	$28M