SXT FY 2009 Earnings Report — Sensient Technologies Corporation Revenue & Financial Results | Market Cap Arena

Sensient Technologies CorporationSXT

FY 2009 Earnings

Reported March 1, 2010

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2009	Prior Q	FY 2008	QoQ Change	YoY Change
Revenue	$1.2B	—	$1.3B	—	-4.1%
Op. Income	$147M	—	$162M	—	-9.1%
Gross Margin	30.7%	—	30.4%	—	0.3pp
Net Margin	7.2%	—	7.3%	—	-0.0pp
EPS (Diluted)	$1.78	—	$1.89	—	-5.8%
Free Cash Flow	$91M	—	$33M	—	172.2%

Revenue Flow

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$832M
GROSS PROFIT	$369M
R&D Expenses	$29M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$193M
Other Expenses	$0
Operating Expenses	$222M
Cost & Expenses	$1.1B
OPERATING INCOME	$147M
Interest Income	$0
Interest Expense	$24M
Other Income/Expenses	-$24M
INCOME BEFORE TAX	$123M
Income Tax Expense	$37M
Net Income from Continuing Ops	$87M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$87M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$87M
D&A	$42M
EBIT	$147M
EBITDA	$189M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$832M
GROSS PROFIT	$369M
R&D Expenses	$29M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$193M
Other Expenses	$0
Operating Expenses	$222M
Cost & Expenses	$1.1B
OPERATING INCOME	$147M
Interest Income	$0
Interest Expense	$24M
Other Income/Expenses	-$24M
INCOME BEFORE TAX	$123M
Income Tax Expense	$37M
Net Income from Continuing Ops	$87M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$87M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$87M
D&A	$42M
EBIT	$147M
EBITDA	$189M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$87M
Depreciation & Amortization	$42M
Stock-Based Compensation	$4M
Deferred Income Tax	-$4M
Other Non-Cash Items	$2M
Change in Working Capital	$8M
OPERATING CASH FLOW	$138M
Capital Expenditure	-$48M
Acquisitions (Net)	$0
Purchases of Investments	-$440.0K
Sales/Maturities of Investments	$0
Other Investing Activities	$109.0K
NET CASH FROM INVESTING	-$48M
Net Debt Issuance	-$55M
Common Stock Repurchased	$0
Common Dividends Paid	-$37M
Other Financing Activities	$11M
NET CASH FROM FINANCING	-$80M
FREE CASH FLOW	$91M
Net Change in Cash	$4M

Balance Sheet

Item	Amount
Cash & Equivalents	$12M
Short-Term Investments	$0
Net Receivables	$200M
Inventory	$390M
Other Current Assets	$13M
TOTAL CURRENT ASSETS	$658M
PP&E (Net)	$426M
Goodwill	$456M
Intangible Assets	$14M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$38M
TOTAL NON-CURRENT ASSETS	$934M
TOTAL ASSETS	$1.6B
Account Payables	$89M
Short-Term Debt	$39M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$216M
Long-Term Debt	$389M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$13M
Other Non-Current Liabilities	$65M
TOTAL NON-CURRENT LIABILITIES	$467M
TOTAL LIABILITIES	$683M
Common Stock	$5M
Additional Paid-In Capital	$86M
Retained Earnings	$923M
Treasury Stock	-$104M
Accum. Other Comp. Income	-$1M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$909M
Minority Interest	$0
TOTAL EQUITY	$909M
TOTAL LIABILITIES & EQUITY	$1.6B
Total Debt	$428M
Net Debt	$416M