CMCO FY 2014 Earnings Report — Columbus McKinnon Corporation Revenue & Financial Results | Market Cap Arena

Columbus McKinnon CorporationCMCO

FY 2014 Earnings

Reported May 28, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2014	Prior Q	FY 2013	QoQ Change	YoY Change
Revenue	$580M	—	$583M	—	-0.6%
Op. Income	$55M	—	$54M	—	0.5%
Gross Margin	31.3%	—	31.0%	—	0.3pp
Net Margin	4.7%	—	5.2%	—	-0.5pp
EPS (Diluted)	$1.34	—	$1.52	—	-11.8%
Free Cash Flow	$21M	—	$9M	—	142.6%

Revenue Flow

Item	Amount
REVENUE	$580M
Cost of Revenue	$398M
GROSS PROFIT	$182M
R&D Expenses	$5M
Selling & Marketing	$70M
General & Administrative	$55M
SG&A Expenses	$125M
Other Expenses	$462.0K
Operating Expenses	$127M
Cost & Expenses	$525M
OPERATING INCOME	$55M
Interest Income	$0
Interest Expense	$12M
Other Income/Expenses	-$19M
INCOME BEFORE TAX	$36M
Income Tax Expense	$9M
Net Income from Continuing Ops	$27M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$27M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$27M
D&A	$15M
EBIT	$55M
EBITDA	$63M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$580M
Cost of Revenue	$398M
GROSS PROFIT	$182M
R&D Expenses	$5M
Selling & Marketing	$70M
General & Administrative	$55M
SG&A Expenses	$125M
Other Expenses	$462.0K
Operating Expenses	$127M
Cost & Expenses	$525M
OPERATING INCOME	$55M
Interest Income	$0
Interest Expense	$12M
Other Income/Expenses	-$19M
INCOME BEFORE TAX	$36M
Income Tax Expense	$9M
Net Income from Continuing Ops	$27M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$27M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$27M
D&A	$15M
EBIT	$55M
EBITDA	$63M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$27M
Depreciation & Amortization	$15M
Stock-Based Compensation	$4M
Deferred Income Tax	$2M
Other Non-Cash Items	$7M
Change in Working Capital	-$17M
OPERATING CASH FLOW	$38M
Capital Expenditure	-$17M
Acquisitions (Net)	-$20M
Purchases of Investments	-$4M
Sales/Maturities of Investments	$7M
Other Investing Activities	-$74.0K
NET CASH FROM INVESTING	-$34M
Net Debt Issuance	-$33M
Common Stock Repurchased	$0
Common Dividends Paid	-$3M
Other Financing Activities	-$14M
NET CASH FROM FINANCING	-$48M
FREE CASH FLOW	$21M
Net Change in Cash	-$49M

Balance Sheet

Item	Amount
Cash & Equivalents	$63M
Short-Term Investments	$0
Net Receivables	$81M
Inventory	$103M
Other Current Assets	$27M
TOTAL CURRENT ASSETS	$274M
PP&E (Net)	$91M
Goodwill	$121M
Intangible Assets	$19M
Long-Term Investments	$20M
Tax Assets	$29M
Other Non-Current Assets	$12M
TOTAL NON-CURRENT ASSETS	$292M
TOTAL ASSETS	$566M
Account Payables	$33M
Short-Term Debt	$13M
Deferred Revenue	$8M
Other Current Liabilities	$14M
TOTAL CURRENT LIABILITIES	$97M
Long-Term Debt	$112M
Deferred Revenue NC	-$3M
Deferred Tax Liabilities	$3M
Other Non-Current Liabilities	$84M
TOTAL NON-CURRENT LIABILITIES	$201M
TOTAL LIABILITIES	$298M
Common Stock	$200.0K
Additional Paid-In Capital	$203M
Retained Earnings	$158M
Treasury Stock	$0
Accum. Other Comp. Income	-$92M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$269M
Minority Interest	$0
TOTAL EQUITY	$269M
TOTAL LIABILITIES & EQUITY	$566M
Total Debt	$127M
Net Debt	$64M