SXT FY 2010 Earnings Report — Sensient Technologies Corporation Revenue & Financial Results | Market Cap Arena

Sensient Technologies CorporationSXT

FY 2010 Earnings

Reported February 25, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2010	Prior Q	FY 2009	QoQ Change	YoY Change
Revenue	$1.3B	—	$1.2B	—	10.6%
Op. Income	$175M	—	$147M	—	18.8%
Gross Margin	30.7%	—	30.7%	—	0.0pp
Net Margin	8.1%	—	7.2%	—	0.9pp
EPS (Diluted)	$2.17	—	$1.78	—	21.9%
Free Cash Flow	$100M	—	$91M	—	10.2%

Revenue Flow

Item	Amount
REVENUE	$1.3B
Cost of Revenue	$920M
GROSS PROFIT	$408M
R&D Expenses	$31M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$203M
Other Expenses	$0
Operating Expenses	$234M
Cost & Expenses	$1.2B
OPERATING INCOME	$175M
Interest Income	$0
Interest Expense	$20M
Other Income/Expenses	-$20M
INCOME BEFORE TAX	$154M
Income Tax Expense	$47M
Net Income from Continuing Ops	$107M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$107M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$107M
D&A	$43M
EBIT	$175M
EBITDA	$218M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.3B
Cost of Revenue	$920M
GROSS PROFIT	$408M
R&D Expenses	$31M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$203M
Other Expenses	$0
Operating Expenses	$234M
Cost & Expenses	$1.2B
OPERATING INCOME	$175M
Interest Income	$0
Interest Expense	$20M
Other Income/Expenses	-$20M
INCOME BEFORE TAX	$154M
Income Tax Expense	$47M
Net Income from Continuing Ops	$107M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$107M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$107M
D&A	$43M
EBIT	$175M
EBITDA	$218M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$107M
Depreciation & Amortization	$43M
Stock-Based Compensation	$6M
Deferred Income Tax	$9M
Other Non-Cash Items	$1M
Change in Working Capital	-$11M
OPERATING CASH FLOW	$156M
Capital Expenditure	-$56M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$700.0K
NET CASH FROM INVESTING	-$55M
Net Debt Issuance	-$73M
Common Stock Repurchased	$0
Common Dividends Paid	-$39M
Other Financing Activities	$14M
NET CASH FROM FINANCING	-$98M
FREE CASH FLOW	$100M
Net Change in Cash	$2M

Balance Sheet

Item	Amount
Cash & Equivalents	$14M
Short-Term Investments	$0
Net Receivables	$219M
Inventory	$392M
Other Current Assets	$13M
TOTAL CURRENT ASSETS	$672M
PP&E (Net)	$433M
Goodwill	$445M
Intangible Assets	$13M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$36M
TOTAL NON-CURRENT ASSETS	$927M
TOTAL ASSETS	$1.6B
Account Payables	$96M
Short-Term Debt	$25M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$205M
Long-Term Debt	$324M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$21M
Other Non-Current Liabilities	$65M
TOTAL NON-CURRENT LIABILITIES	$410M
TOTAL LIABILITIES	$615M
Common Stock	$5M
Additional Paid-In Capital	$89M
Retained Earnings	$991M
Treasury Stock	-$87M
Accum. Other Comp. Income	-$15M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$984M
Minority Interest	$0
TOTAL EQUITY	$984M
TOTAL LIABILITIES & EQUITY	$1.6B
Total Debt	$350M
Net Debt	$336M