MOG-A FY 2006 Earnings Report — Moog Inc. Revenue & Financial Results | Market Cap Arena

FY 2006 Earnings

Reported November 29, 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	$1.3B	—	—	—	—
Op. Income	$143M	—	—	—	—
Gross Margin	32.6%	—	—	—	—
Net Margin	6.2%	—	—	—	—
EPS (Diluted)	$1.97	—	—	—	—
Free Cash Flow	-$7M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$1.3B
Cost of Revenue	$881M
GROSS PROFIT	$426M
R&D Expenses	$69M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$214M
Other Expenses	$0
Operating Expenses	$283M
Cost & Expenses	$1.2B
OPERATING INCOME	$143M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$23M
INCOME BEFORE TAX	$120M
Income Tax Expense	$39M
Net Income from Continuing Ops	$81M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$81M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$81M
D&A	$47M
EBIT	$143M
EBITDA	$191M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.3B
Cost of Revenue	$881M
GROSS PROFIT	$426M
R&D Expenses	$69M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$214M
Other Expenses	$0
Operating Expenses	$283M
Cost & Expenses	$1.2B
OPERATING INCOME	$143M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$23M
INCOME BEFORE TAX	$120M
Income Tax Expense	$39M
Net Income from Continuing Ops	$81M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$81M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$81M
D&A	$47M
EBIT	$143M
EBITDA	$191M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$81M
Depreciation & Amortization	$47M
Stock-Based Compensation	$3M
Deferred Income Tax	$16M
Other Non-Cash Items	$30M
Change in Working Capital	-$101M
OPERATING CASH FLOW	$77M
Capital Expenditure	-$84M
Acquisitions (Net)	-$90M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$4M
NET CASH FROM INVESTING	-$170M
Net Debt Issuance	$25M
Common Stock Repurchased	-$3M
Common Dividends Paid	$0
Other Financing Activities	$1M
NET CASH FROM FINANCING	$115M
FREE CASH FLOW	-$7M
Net Change in Cash	$24M

Balance Sheet

Item	Amount
Cash & Equivalents	$58M
Short-Term Investments	$0
Net Receivables	$333M
Inventory	$283M
Other Current Assets	$54M
TOTAL CURRENT ASSETS	$728M
PP&E (Net)	$310M
Goodwill	$451M
Intangible Assets	$50M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$69M
TOTAL NON-CURRENT ASSETS	$880M
TOTAL ASSETS	$1.6B
Account Payables	$100M
Short-Term Debt	$19M
Deferred Revenue	$0
Other Current Liabilities	$47M
TOTAL CURRENT LIABILITIES	$308M
Long-Term Debt	$367M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$84M
Other Non-Current Liabilities	$86M
TOTAL NON-CURRENT LIABILITIES	$537M
TOTAL LIABILITIES	$845M
Common Stock	$49M
Additional Paid-In Capital	$293M
Retained Earnings	$469M
Treasury Stock	-$40M
Accum. Other Comp. Income	-$7M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$763M
Minority Interest	$0
TOTAL EQUITY	$763M
TOTAL LIABILITIES & EQUITY	$1.6B
Total Debt	$387M
Net Debt	$329M