CMCO FY 2018 Earnings Report — Columbus McKinnon Corporation Revenue & Financial Results | Market Cap Arena

Columbus McKinnon CorporationCMCO

FY 2018 Earnings

Reported May 29, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$876M	—	$839M	—	4.4%
Op. Income	$69M	—	$70M	—	-0.9%
Gross Margin	34.8%	—	33.9%	—	0.9pp
Net Margin	4.9%	—	2.6%	—	2.2pp
EPS (Diluted)	$1.80	—	$0.95	—	89.5%
Free Cash Flow	$67M	—	$55M	—	21.9%

Revenue Flow

Item	Amount
REVENUE	$876M
Cost of Revenue	$571M
GROSS PROFIT	$305M
R&D Expenses	$13M
Selling & Marketing	$98M
General & Administrative	$84M
SG&A Expenses	$181M
Other Expenses	$716.0K
Operating Expenses	$210M
Cost & Expenses	$781M
OPERATING INCOME	$69M
Interest Income	$0
Interest Expense	$17M
Other Income/Expenses	-$17M
INCOME BEFORE TAX	$53M
Income Tax Expense	$10M
Net Income from Continuing Ops	$43M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$43M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$43M
D&A	$33M
EBIT	$70M
EBITDA	$104M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$876M
Cost of Revenue	$571M
GROSS PROFIT	$305M
R&D Expenses	$13M
Selling & Marketing	$98M
General & Administrative	$84M
SG&A Expenses	$181M
Other Expenses	$716.0K
Operating Expenses	$210M
Cost & Expenses	$781M
OPERATING INCOME	$69M
Interest Income	$0
Interest Expense	$17M
Other Income/Expenses	-$17M
INCOME BEFORE TAX	$53M
Income Tax Expense	$10M
Net Income from Continuing Ops	$43M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$43M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$43M
D&A	$33M
EBIT	$70M
EBITDA	$104M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$43M
Depreciation & Amortization	$33M
Stock-Based Compensation	$6M
Deferred Income Tax	-$958.0K
Other Non-Cash Items	$29M
Change in Working Capital	-$30M
OPERATING CASH FLOW	$79M
Capital Expenditure	-$12M
Acquisitions (Net)	$14M
Purchases of Investments	-$3M
Sales/Maturities of Investments	$3M
Other Investing Activities	-$118.0K
NET CASH FROM INVESTING	$2M
Net Debt Issuance	-$65M
Common Stock Repurchased	$0
Common Dividends Paid	-$5M
Other Financing Activities	-$2M
NET CASH FROM FINANCING	-$68M
FREE CASH FLOW	$67M
Net Change in Cash	$8M

Balance Sheet

Item	Amount
Cash & Equivalents	$71M
Short-Term Investments	$0
Net Receivables	$129M
Inventory	$146M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$363M
PP&E (Net)	$87M
Goodwill	$323M
Intangible Assets	$233M
Long-Term Investments	$7M
Tax Assets	$28M
Other Non-Current Assets	$21M
TOTAL NON-CURRENT ASSETS	$699M
TOTAL ASSETS	$1.1B
Account Payables	$47M
Short-Term Debt	$65M
Deferred Revenue	$15M
Other Current Liabilities	$62M
TOTAL CURRENT LIABILITIES	$211M
Long-Term Debt	$235M
Deferred Revenue NC	-$20M
Deferred Tax Liabilities	$20M
Other Non-Current Liabilities	$164M
TOTAL NON-CURRENT LIABILITIES	$419M
TOTAL LIABILITIES	$630M
Common Stock	$234.0K
Additional Paid-In Capital	$278M
Retained Earnings	$236M
Treasury Stock	$0
Accum. Other Comp. Income	-$83M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$431M
Minority Interest	$0
TOTAL EQUITY	$431M
TOTAL LIABILITIES & EQUITY	$1.1B
Total Debt	$300M
Net Debt	$229M