HL FY 2011 Earnings Report — Hecla Mining Company Revenue & Financial Results | Market Cap Arena

Hecla Mining CompanyHL

FY 2011 Earnings

Reported February 21, 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	$478M	—	$419M	—	14.0%
Op. Income	$198M	—	-$52M	—	483.4%
Gross Margin	55.5%	—	46.5%	—	9.0pp
Net Margin	31.6%	—	11.7%	—	20.0pp
EPS (Diluted)	$0.51	—	$0.13	—	292.3%
Free Cash Flow	-$18M	—	$130M	—	-113.5%

Revenue Flow

Item	Amount
REVENUE	$478M
Cost of Revenue	$213M
GROSS PROFIT	$265M
R&D Expenses	$31M
Selling & Marketing	$0
General & Administrative	$19M
SG&A Expenses	$19M
Other Expenses	$8M
Operating Expenses	$58M
Cost & Expenses	$270M
OPERATING INCOME	$198M
Interest Income	$129.0K
Interest Expense	$3M
Other Income/Expenses	$35M
INCOME BEFORE TAX	$233M
Income Tax Expense	$82M
Net Income from Continuing Ops	$151M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$151M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$151M
D&A	$47M
EBIT	$236M
EBITDA	$283M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$478M
Cost of Revenue	$213M
GROSS PROFIT	$265M
R&D Expenses	$31M
Selling & Marketing	$0
General & Administrative	$19M
SG&A Expenses	$19M
Other Expenses	$8M
Operating Expenses	$58M
Cost & Expenses	$270M
OPERATING INCOME	$198M
Interest Income	$129.0K
Interest Expense	$3M
Other Income/Expenses	$35M
INCOME BEFORE TAX	$233M
Income Tax Expense	$82M
Net Income from Continuing Ops	$151M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$151M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$151M
D&A	$47M
EBIT	$236M
EBITDA	$283M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$151M
Depreciation & Amortization	$47M
Stock-Based Compensation	$2M
Deferred Income Tax	$77M
Other Non-Cash Items	-$45M
Change in Working Capital	-$162M
OPERATING CASH FLOW	$70M
Capital Expenditure	-$88M
Acquisitions (Net)	$3M
Purchases of Investments	-$3M
Sales/Maturities of Investments	$11M
Other Investing Activities	-$3M
NET CASH FROM INVESTING	-$80M
Net Debt Issuance	-$3M
Common Stock Repurchased	-$469.0K
Common Dividends Paid	-$6M
Other Financing Activities	-$180.0K
NET CASH FROM FINANCING	-$7M
FREE CASH FLOW	-$18M
Net Change in Cash	-$17M

Balance Sheet

Item	Amount
Cash & Equivalents	$266M
Short-Term Investments	$0
Net Receivables	$20M
Inventory	$26M
Other Current Assets	$50M
TOTAL CURRENT ASSETS	$363M
PP&E (Net)	$923M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$4M
Tax Assets	$88M
Other Non-Current Assets	$18M
TOTAL NON-CURRENT ASSETS	$1.0B
TOTAL ASSETS	$1.4B
Account Payables	$38M
Short-Term Debt	$0
Deferred Revenue	$10M
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$107M
Long-Term Debt	-$112M
Deferred Revenue NC	$24M
Deferred Tax Liabilities	$88M
Other Non-Current Liabilities	$31M
TOTAL NON-CURRENT LIABILITIES	$149M
TOTAL LIABILITIES	$256M
Common Stock	$71M
Additional Paid-In Capital	$1.2B
Retained Earnings	-$121M
Treasury Stock	-$3M
Accum. Other Comp. Income	-$23M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.1B
Minority Interest	$0
TOTAL EQUITY	$1.1B
TOTAL LIABILITIES & EQUITY	$1.4B
Total Debt	$10M
Net Debt	-$256M