CMP FY 2011 Earnings Report — Compass Minerals International, Inc. Revenue & Financial Results | Market Cap Arena

Compass Minerals International, Inc.CMP

FY 2011 Earnings

Reported February 22, 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	$1.1B	—	$1.1B	—	3.4%
Op. Income	$215M	—	$227M	—	-4.9%
Gross Margin	28.0%	—	29.5%	—	-1.4pp
Net Margin	13.5%	—	14.1%	—	-0.6pp
EPS (Diluted)	$4.45	—	$4.51	—	-1.3%
Free Cash Flow	$145M	—	$129M	—	12.2%

Revenue Flow

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$796M
GROSS PROFIT	$310M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$95M
Other Expenses	$0
Operating Expenses	$95M
Cost & Expenses	$890M
OPERATING INCOME	$215M
Interest Income	$0
Interest Expense	$21M
Other Income/Expenses	-$18M
INCOME BEFORE TAX	$197M
Income Tax Expense	$48M
Net Income from Continuing Ops	$149M
Net Income from Discontinued Ops	$0
NET INCOME	$149M
BOTTOM LINE NET INCOME	$147M
D&A	$65M
EBIT	$218M
EBITDA	$283M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$796M
GROSS PROFIT	$310M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$95M
Other Expenses	$0
Operating Expenses	$95M
Cost & Expenses	$890M
OPERATING INCOME	$215M
Interest Income	$0
Interest Expense	$21M
Other Income/Expenses	-$18M
INCOME BEFORE TAX	$197M
Income Tax Expense	$48M
Net Income from Continuing Ops	$149M
Net Income from Discontinued Ops	$0
NET INCOME	$149M
BOTTOM LINE NET INCOME	$147M
D&A	$65M
EBIT	$218M
EBITDA	$283M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$149M
Depreciation & Amortization	$0
Stock-Based Compensation	$7M
Deferred Income Tax	$5M
Other Non-Cash Items	$74M
Change in Working Capital	$18M
OPERATING CASH FLOW	$252M
Capital Expenditure	-$107M
Acquisitions (Net)	-$58M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$13M
NET CASH FROM INVESTING	-$152M
Net Debt Issuance	-$4M
Common Stock Repurchased	$0
Common Dividends Paid	-$60M
Other Financing Activities	$9M
NET CASH FROM FINANCING	-$56M
FREE CASH FLOW	$145M
Net Change in Cash	$39M

Balance Sheet

Item	Amount
Cash & Equivalents	$130M
Short-Term Investments	$0
Net Receivables	$153M
Inventory	$207M
Other Current Assets	$26M
TOTAL CURRENT ASSETS	$516M
PP&E (Net)	$573M
Goodwill	$0
Intangible Assets	$58M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$59M
TOTAL NON-CURRENT ASSETS	$690M
TOTAL ASSETS	$1.2B
Account Payables	$87M
Short-Term Debt	$156M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$327M
Long-Term Debt	$327M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$71M
Other Non-Current Liabilities	$35M
TOTAL NON-CURRENT LIABILITIES	$432M
TOTAL LIABILITIES	$759M
Common Stock	$400.0K
Additional Paid-In Capital	$37M
Retained Earnings	$373M
Treasury Stock	-$5M
Accum. Other Comp. Income	$41M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$447M
Minority Interest	$0
TOTAL EQUITY	$447M
TOTAL LIABILITIES & EQUITY	$1.2B
Total Debt	$483M
Net Debt	$352M