ATR FY 2011 Earnings Report — AptarGroup, Inc. Revenue & Financial Results | Market Cap Arena

AptarGroup, Inc.ATR

FY 2011 Earnings

Reported February 24, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$2.3B	—	$2.1B	—	12.5%
Op. Income	$287M	—	$268M	—	7.1%
Gross Margin	32.9%	—	33.6%	—	-0.7pp
Net Margin	7.9%	—	8.4%	—	-0.5pp
EPS (Diluted)	$2.65	—	$2.48	—	6.9%
Free Cash Flow	$81M	—	$159M	—	-49.0%

Revenue Flow

Item	Amount
REVENUE	$2.3B
Cost of Revenue	$1.6B
GROSS PROFIT	$769M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$348M
SG&A Expenses	$348M
Other Expenses	$134M
Operating Expenses	$482M
Cost & Expenses	$2.1B
OPERATING INCOME	$287M
Interest Income	$6M
Interest Expense	$17M
Other Income/Expenses	-$12M
INCOME BEFORE TAX	$275M
Income Tax Expense	$91M
Net Income from Continuing Ops	$184M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$184M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$184M
D&A	$134M
EBIT	$292M
EBITDA	$426M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$2.3B
Cost of Revenue	$1.6B
GROSS PROFIT	$769M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$348M
SG&A Expenses	$348M
Other Expenses	$134M
Operating Expenses	$482M
Cost & Expenses	$2.1B
OPERATING INCOME	$287M
Interest Income	$6M
Interest Expense	$17M
Other Income/Expenses	-$12M
INCOME BEFORE TAX	$275M
Income Tax Expense	$91M
Net Income from Continuing Ops	$184M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$184M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$184M
D&A	$134M
EBIT	$292M
EBITDA	$426M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$184M
Depreciation & Amortization	$134M
Stock-Based Compensation	$14M
Deferred Income Tax	$2M
Other Non-Cash Items	$13M
Change in Working Capital	-$85M
OPERATING CASH FLOW	$261M
Capital Expenditure	-$180M
Acquisitions (Net)	-$18M
Purchases of Investments	-$3M
Sales/Maturities of Investments	$0
Other Investing Activities	$5M
NET CASH FROM INVESTING	-$196M
Net Debt Issuance	$95M
Common Stock Repurchased	-$103M
Common Dividends Paid	-$53M
Other Financing Activities	$33M
NET CASH FROM FINANCING	-$29M
FREE CASH FLOW	$81M
Net Change in Cash	$1M

Balance Sheet

Item	Amount
Cash & Equivalents	$378M
Short-Term Investments	$0
Net Receivables	$389M
Inventory	$285M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.1B
PP&E (Net)	$755M
Goodwill	$234M
Intangible Assets	$4M
Long-Term Investments	$4M
Tax Assets	$0
Other Non-Current Assets	$19M
TOTAL NON-CURRENT ASSETS	$1.0B
TOTAL ASSETS	$2.2B
Account Payables	$109M
Short-Term Debt	$184M
Deferred Revenue	$25M
Other Current Liabilities	$115M
TOTAL CURRENT LIABILITIES	$519M
Long-Term Debt	$255M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$27M
Other Non-Current Liabilities	$68M
TOTAL NON-CURRENT LIABILITIES	$350M
TOTAL LIABILITIES	$869M
Common Stock	$827.0K
Additional Paid-In Capital	$365M
Retained Earnings	$1.4B
Treasury Stock	-$546M
Accum. Other Comp. Income	$60M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.3B
Minority Interest	$796.0K
TOTAL EQUITY	$1.3B
TOTAL LIABILITIES & EQUITY	$2.2B
Total Debt	$439M
Net Debt	$61M