CMCO FY 2016 Earnings Report — Columbus McKinnon Corporation Revenue & Financial Results | Market Cap Arena

Columbus McKinnon CorporationCMCO

FY 2016 Earnings

Reported May 31, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$637M	—	$597M	—	6.7%
Op. Income	$26M	—	$41M	—	-36.0%
Gross Margin	30.3%	—	31.4%	—	-1.1pp
Net Margin	1.4%	—	3.3%	—	-1.9pp
EPS (Diluted)	$0.43	—	$0.96	—	-55.2%
Free Cash Flow	$46M	—	$30M	—	52.0%

Revenue Flow

Item	Amount
REVENUE	$637M
Cost of Revenue	$444M
GROSS PROFIT	$193M
R&D Expenses	$10M
Selling & Marketing	$77M
General & Administrative	$80M
SG&A Expenses	$158M
Other Expenses	$93.0K
Operating Expenses	$166M
Cost & Expenses	$610M
OPERATING INCOME	$26M
Interest Income	$0
Interest Expense	$11M
Other Income/Expenses	-$11M
INCOME BEFORE TAX	$13M
Income Tax Expense	$4M
Net Income from Continuing Ops	$9M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$9M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$9M
D&A	$25M
EBIT	$24M
EBITDA	$48M
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$637M
Cost of Revenue	$444M
GROSS PROFIT	$193M
R&D Expenses	$10M
Selling & Marketing	$77M
General & Administrative	$80M
SG&A Expenses	$158M
Other Expenses	$93.0K
Operating Expenses	$166M
Cost & Expenses	$610M
OPERATING INCOME	$26M
Interest Income	$0
Interest Expense	$11M
Other Income/Expenses	-$11M
INCOME BEFORE TAX	$13M
Income Tax Expense	$4M
Net Income from Continuing Ops	$9M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$9M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$9M
D&A	$25M
EBIT	$24M
EBITDA	$48M
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$9M
Depreciation & Amortization	$25M
Stock-Based Compensation	$6M
Deferred Income Tax	$489.0K
Other Non-Cash Items	$14M
Change in Working Capital	$6M
OPERATING CASH FLOW	$60M
Capital Expenditure	-$14M
Acquisitions (Net)	-$219M
Purchases of Investments	-$3M
Sales/Maturities of Investments	$12M
Other Investing Activities	-$2M
NET CASH FROM INVESTING	-$224M
Net Debt Issuance	$164M
Common Stock Repurchased	$0
Common Dividends Paid	-$3M
Other Financing Activities	-$21M
NET CASH FROM FINANCING	$190M
FREE CASH FLOW	$46M
Net Change in Cash	$26M

Balance Sheet

Item	Amount
Cash & Equivalents	$78M
Short-Term Investments	$0
Net Receivables	$112M
Inventory	$131M
Other Current Assets	$3M
TOTAL CURRENT ASSETS	$341M
PP&E (Net)	$113M
Goodwill	$319M
Intangible Assets	$256M
Long-Term Investments	$8M
Tax Assets	$62M
Other Non-Current Assets	$15M
TOTAL NON-CURRENT ASSETS	$773M
TOTAL ASSETS	$1.1B
Account Payables	$41M
Short-Term Debt	$53M
Deferred Revenue	$19M
Other Current Liabilities	$69M
TOTAL CURRENT LIABILITIES	$191M
Long-Term Debt	$369M
Deferred Revenue NC	-$29M
Deferred Tax Liabilities	$29M
Other Non-Current Liabilities	$184M
TOTAL NON-CURRENT LIABILITIES	$582M
TOTAL LIABILITIES	$772M
Common Stock	$226.0K
Additional Paid-In Capital	$259M
Retained Earnings	$180M
Treasury Stock	$0
Accum. Other Comp. Income	-$97M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$341M
Minority Interest	$0
TOTAL EQUITY	$341M
TOTAL LIABILITIES & EQUITY	$1.1B
Total Debt	$421M
Net Debt	$344M