LNN FY 2006 Earnings Report — Lindsay Corporation Revenue & Financial Results | Market Cap Arena

Lindsay CorporationLNN

FY 2006 Earnings

Reported November 13, 2006

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2006	Prior Q	FY 2005	QoQ Change	YoY Change
Revenue	$226M	—	—	—	—
Op. Income	$16M	—	—	—	—
Gross Margin	21.3%	—	—	—	—
Net Margin	5.2%	—	—	—	—
EPS (Diluted)	$1.00	—	—	—	—
Free Cash Flow	$11M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$226M
Cost of Revenue	$178M
GROSS PROFIT	$48M
R&D Expenses	$3M
Selling & Marketing	$0
General & Administrative	$30M
SG&A Expenses	$30M
Other Expenses	$0
Operating Expenses	$33M
Cost & Expenses	$210M
OPERATING INCOME	$16M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$2M
INCOME BEFORE TAX	$17M
Income Tax Expense	$6M
Net Income from Continuing Ops	$12M
Net Income from Discontinued Ops	$0
Other Adjustments	$19.0K
NET INCOME	$12M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$12M
D&A	$4M
EBIT	$18M
EBITDA	$16M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$226M
Cost of Revenue	$178M
GROSS PROFIT	$48M
R&D Expenses	$3M
Selling & Marketing	$0
General & Administrative	$30M
SG&A Expenses	$30M
Other Expenses	$0
Operating Expenses	$33M
Cost & Expenses	$210M
OPERATING INCOME	$16M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$2M
INCOME BEFORE TAX	$17M
Income Tax Expense	$6M
Net Income from Continuing Ops	$12M
Net Income from Discontinued Ops	$0
Other Adjustments	$19.0K
NET INCOME	$12M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$12M
D&A	$4M
EBIT	$18M
EBITDA	$16M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$12M
Depreciation & Amortization	$4M
Stock-Based Compensation	$0
Deferred Income Tax	-$4M
Other Non-Cash Items	$2M
Change in Working Capital	$449.0K
OPERATING CASH FLOW	$14M
Capital Expenditure	-$4M
Acquisitions (Net)	-$34M
Purchases of Investments	$0
Sales/Maturities of Investments	$14M
Other Investing Activities	$267.0K
NET CASH FROM INVESTING	-$24M
Net Debt Issuance	$30M
Common Stock Repurchased	$0
Common Dividends Paid	-$3M
Other Financing Activities	$0
NET CASH FROM FINANCING	$28M
FREE CASH FLOW	$11M
Net Change in Cash	$18M

Balance Sheet

Item	Amount
Cash & Equivalents	$43M
Short-Term Investments	$10M
Net Receivables	$38M
Inventory	$27M
Other Current Assets	$4M
TOTAL CURRENT ASSETS	$122M
PP&E (Net)	$27M
Goodwill	$11M
Intangible Assets	$21M
Long-Term Investments	$0
Tax Assets	$347.0K
Other Non-Current Assets	$10M
TOTAL NON-CURRENT ASSETS	$70M
TOTAL ASSETS	$192M
Account Payables	$10M
Short-Term Debt	$4M
Deferred Revenue	$4M
Other Current Liabilities	$10M
TOTAL CURRENT LIABILITIES	$37M
Long-Term Debt	$26M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$8M
TOTAL NON-CURRENT LIABILITIES	$34M
TOTAL LIABILITIES	$71M
Common Stock	$18M
Additional Paid-In Capital	$6M
Retained Earnings	$192M
Treasury Stock	-$97M
Accum. Other Comp. Income	$2M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$121M
Minority Interest	$0
TOTAL EQUITY	$121M
TOTAL LIABILITIES & EQUITY	$192M
Total Debt	$30M
Net Debt	-$13M