CMCO FY 2015 Earnings Report — Columbus McKinnon Corporation Revenue & Financial Results | Market Cap Arena

Columbus McKinnon CorporationCMCO

FY 2015 Earnings

Reported June 1, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$597M	—	$580M	—	3.0%
Op. Income	$41M	—	$55M	—	-25.8%
Gross Margin	31.4%	—	31.3%	—	0.0pp
Net Margin	3.3%	—	4.7%	—	-1.4pp
EPS (Diluted)	$0.96	—	$1.34	—	-28.4%
Free Cash Flow	$30M	—	$21M	—	44.3%

Revenue Flow

Item	Amount
REVENUE	$597M
Cost of Revenue	$410M
GROSS PROFIT	$187M
R&D Expenses	$7M
Selling & Marketing	$73M
General & Administrative	$69M
SG&A Expenses	$142M
Other Expenses	$377.0K
Operating Expenses	$147M
Cost & Expenses	$557M
OPERATING INCOME	$41M
Interest Income	$0
Interest Expense	$8M
Other Income/Expenses	-$9M
INCOME BEFORE TAX	$32M
Income Tax Expense	$12M
Net Income from Continuing Ops	$20M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$20M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$20M
D&A	$21M
EBIT	$40M
EBITDA	$59M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$597M
Cost of Revenue	$410M
GROSS PROFIT	$187M
R&D Expenses	$7M
Selling & Marketing	$73M
General & Administrative	$69M
SG&A Expenses	$142M
Other Expenses	$377.0K
Operating Expenses	$147M
Cost & Expenses	$557M
OPERATING INCOME	$41M
Interest Income	$0
Interest Expense	$8M
Other Income/Expenses	-$9M
INCOME BEFORE TAX	$32M
Income Tax Expense	$12M
Net Income from Continuing Ops	$20M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$20M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$20M
D&A	$21M
EBIT	$40M
EBITDA	$59M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$20M
Depreciation & Amortization	$21M
Stock-Based Compensation	$4M
Deferred Income Tax	$7M
Other Non-Cash Items	$1M
Change in Working Capital	$73.0K
OPERATING CASH FLOW	$53M
Capital Expenditure	-$22M
Acquisitions (Net)	-$182M
Purchases of Investments	-$4M
Sales/Maturities of Investments	$6M
Other Investing Activities	$2M
NET CASH FROM INVESTING	-$203M
Net Debt Issuance	$141M
Common Stock Repurchased	$0
Common Dividends Paid	-$3M
Other Financing Activities	-$897.0K
NET CASH FROM FINANCING	$137M
FREE CASH FLOW	$30M
Net Change in Cash	-$11M

Balance Sheet

Item	Amount
Cash & Equivalents	$52M
Short-Term Investments	$0
Net Receivables	$84M
Inventory	$118M
Other Current Assets	$19M
TOTAL CURRENT ASSETS	$273M
PP&E (Net)	$105M
Goodwill	$171M
Intangible Assets	$122M
Long-Term Investments	$18M
Tax Assets	$73M
Other Non-Current Assets	$11M
TOTAL NON-CURRENT ASSETS	$500M
TOTAL ASSETS	$773M
Account Payables	$36M
Short-Term Debt	$43M
Deferred Revenue	$10M
Other Current Liabilities	$15M
TOTAL CURRENT LIABILITIES	$133M
Long-Term Debt	$224M
Deferred Revenue NC	-$59.0K
Deferred Tax Liabilities	$59.0K
Other Non-Current Liabilities	$130M
TOTAL NON-CURRENT LIABILITIES	$354M
TOTAL LIABILITIES	$487M
Common Stock	$201.0K
Additional Paid-In Capital	$207M
Retained Earnings	$174M
Treasury Stock	$0
Accum. Other Comp. Income	-$95M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$286M
Minority Interest	$0
TOTAL EQUITY	$286M
TOTAL LIABILITIES & EQUITY	$773M
Total Debt	$268M
Net Debt	$216M