SXT FY 2008 Earnings Report — Sensient Technologies Corporation Revenue & Financial Results | Market Cap Arena

Sensient Technologies CorporationSXT

FY 2008 Earnings

Reported March 2, 2009

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2008	Prior Q	FY 2007	QoQ Change	YoY Change
Revenue	$1.3B	—	$1.2B	—	5.7%
Op. Income	$162M	—	$147M	—	9.7%
Gross Margin	30.4%	—	30.6%	—	-0.2pp
Net Margin	7.3%	—	6.6%	—	0.7pp
EPS (Diluted)	$1.89	—	$1.65	—	14.5%
Free Cash Flow	$33M	—	$63M	—	-47.4%

Revenue Flow

Item	Amount
REVENUE	$1.3B
Cost of Revenue	$872M
GROSS PROFIT	$381M
R&D Expenses	$28M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$191M
Other Expenses	$0
Operating Expenses	$219M
Cost & Expenses	$1.1B
OPERATING INCOME	$162M
Interest Income	$0
Interest Expense	$32M
Other Income/Expenses	-$32M
INCOME BEFORE TAX	$129M
Income Tax Expense	$38M
Net Income from Continuing Ops	$91M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$91M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$91M
D&A	$44M
EBIT	$162M
EBITDA	$206M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.3B
Cost of Revenue	$872M
GROSS PROFIT	$381M
R&D Expenses	$28M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$191M
Other Expenses	$0
Operating Expenses	$219M
Cost & Expenses	$1.1B
OPERATING INCOME	$162M
Interest Income	$0
Interest Expense	$32M
Other Income/Expenses	-$32M
INCOME BEFORE TAX	$129M
Income Tax Expense	$38M
Net Income from Continuing Ops	$91M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$91M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$91M
D&A	$44M
EBIT	$162M
EBITDA	$206M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$91M
Depreciation & Amortization	$44M
Stock-Based Compensation	$4M
Deferred Income Tax	$3M
Other Non-Cash Items	$1M
Change in Working Capital	-$57M
OPERATING CASH FLOW	$87M
Capital Expenditure	-$54M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$2M
Other Investing Activities	$2M
NET CASH FROM INVESTING	-$50M
Net Debt Issuance	-$22M
Common Stock Repurchased	$0
Common Dividends Paid	-$36M
Other Financing Activities	$19M
NET CASH FROM FINANCING	-$38M
FREE CASH FLOW	$33M
Net Change in Cash	-$2M

Balance Sheet

Item	Amount
Cash & Equivalents	$8M
Short-Term Investments	$0
Net Receivables	$199M
Inventory	$381M
Other Current Assets	$9M
TOTAL CURRENT ASSETS	$628M
PP&E (Net)	$403M
Goodwill	$440M
Intangible Assets	$14M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$41M
TOTAL NON-CURRENT ASSETS	$898M
TOTAL ASSETS	$1.5B
Account Payables	$83M
Short-Term Debt	$34M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$196M
Long-Term Debt	$446M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$15M
Other Non-Current Liabilities	$50M
TOTAL NON-CURRENT LIABILITIES	$511M
TOTAL LIABILITIES	$707M
Common Stock	$5M
Additional Paid-In Capital	$82M
Retained Earnings	$873M
Treasury Stock	-$116M
Accum. Other Comp. Income	-$26M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$819M
Minority Interest	$0
TOTAL EQUITY	$819M
TOTAL LIABILITIES & EQUITY	$1.5B
Total Debt	$480M
Net Debt	$471M