USLM FY 2011 Earnings Report — United States Lime & Minerals, Inc. Revenue & Financial Results | Market Cap Arena

United States Lime & Minerals, Inc.USLM

FY 2011 Earnings

Reported March 1, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$143M	—	$133M	—	7.5%
Op. Income	$33M	—	$28M	—	17.5%
Gross Margin	29.0%	—	27.2%	—	1.8pp
Net Margin	15.6%	—	13.6%	—	2.0pp
EPS (Diluted)	$3.49	—	$2.81	—	24.2%
Free Cash Flow	$29M	—	$25M	—	17.1%

Revenue Flow

Item	Amount
REVENUE	$143M
Cost of Revenue	$101M
GROSS PROFIT	$41M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$9M
SG&A Expenses	$9M
Other Expenses	$184.0K
Operating Expenses	$9M
Cost & Expenses	$110M
OPERATING INCOME	$33M
Interest Income	$0
Interest Expense	$2M
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$30M
Income Tax Expense	$8M
Net Income from Continuing Ops	$22M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$22M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$22M
D&A	$14M
EBIT	$33M
EBITDA	$45M
EPS	$4
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$143M
Cost of Revenue	$101M
GROSS PROFIT	$41M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$9M
SG&A Expenses	$9M
Other Expenses	$184.0K
Operating Expenses	$9M
Cost & Expenses	$110M
OPERATING INCOME	$33M
Interest Income	$0
Interest Expense	$2M
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$30M
Income Tax Expense	$8M
Net Income from Continuing Ops	$22M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$22M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$22M
D&A	$14M
EBIT	$33M
EBITDA	$45M
EPS	$4
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$22M
Depreciation & Amortization	$184.0K
Stock-Based Compensation	$848.0K
Deferred Income Tax	$4M
Other Non-Cash Items	$14M
Change in Working Capital	-$2M
OPERATING CASH FLOW	$39M
Capital Expenditure	-$9M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$128.0K
NET CASH FROM INVESTING	-$9M
Net Debt Issuance	-$4M
Common Stock Repurchased	-$8M
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	-$12M
FREE CASH FLOW	$29M
Net Change in Cash	$17M

Balance Sheet

Item	Amount
Cash & Equivalents	$53M
Short-Term Investments	$0
Net Receivables	$16M
Inventory	$11M
Other Current Assets	$1M
TOTAL CURRENT ASSETS	$81M
PP&E (Net)	$121M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$302.0K
TOTAL NON-CURRENT ASSETS	$122M
TOTAL ASSETS	$203M
Account Payables	$5M
Short-Term Debt	$6M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$16M
Long-Term Debt	$27M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$12M
Other Non-Current Liabilities	$4M
TOTAL NON-CURRENT LIABILITIES	$44M
TOTAL LIABILITIES	$60M
Common Stock	$645.0K
Additional Paid-In Capital	$17M
Retained Earnings	$137M
Treasury Stock	-$9M
Accum. Other Comp. Income	-$3M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$143M
Minority Interest	$0
TOTAL EQUITY	$143M
TOTAL LIABILITIES & EQUITY	$203M
Total Debt	$27M
Net Debt	-$27M