Summary Fundamentals

Price & Volume

Recent Price $3.22
Trade Date 12/17/18
52 Week High $14.80
52 Week Low $3.14
5 Day Price Percent Change (%) -17.22%
4 Week Price Percent Change (%) -29.39%
26 Week Price Percent Change (%) -65.56%
52 Week Price Percent Change (%) -74.03%
Volume (3 Month Average) (Mil) 0.44
Volume (10 Day Average) (Mil) 0.03
Beta 3.01

Dividends

Yield (%) --
Dividend Record Date
Dividend Rate --%

Income Statement

  Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Update) Year Ending Dec 2013 (Update)
Net Sales 112.04 108.92 108.99 103.85 92.05
Revenue 112.04 108.92 108.99 103.85 92.05
Total Revenue 112.04 108.92 108.99 103.85 92.05
Cost of Revenue 77.21 73.75 75.59 71.60 64.47
Cost of Revenue, Total 77.21 73.75 75.59 71.60 64.47
Gross Profit 34.83 35.17 33.40 32.25 27.57
Selling/General/Administrative Expense 27.30 27.90 27.71 26.46 26.19
Advertising Expense -- -- -- -- --
Selling/General/Administrative Expenses, Total 27.30 27.90 27.71 26.46 26.19
Investment Income - Operating -- -- -- -- --
Interest/Investment Income - Operating -- -- -- -- --
Interest Expense (Income), Net-Operating, Total -- -- -- -- --
Litigation 3.80 3.50 4.80 7.00 10.20
Impairment-Assets Held for Use -- -- -- 0.00 --
Other Unusual Expense (Income) 3.03 4.76 0.74 -3.87 59.47
Unusual Expense (Income) 6.83 8.26 5.54 3.13 69.67
Other, Net -0.17 -0.01 -0.12 -0.19 -0.03
Other Operating Expenses, Total -0.17 -0.01 -0.12 -0.19 -0.03
Total Operating Expense 111.17 109.90 108.73 101.01 160.30
Operating Income 0.87 -0.98 0.27 2.84 -68.26
Interest Expense - Non-Operating -0.03 -0.00 0.00 0.00 -0.13
Interest Expense, Net Non-Operating -0.03 -0.00 0.00 0.00 -0.13
Investment Income, Non-Operating 111.36 14.90 -51.60 31.80 -28.07
Interest/Investment Income, Non-Operating 111.36 14.90 -51.60 31.80 -28.07
Interest Income (Expense), Net-Non-Operating, Total 111.33 14.90 -51.60 31.80 -28.20
Net Income Before Taxes 112.19 13.92 -51.33 34.63 -96.45
Income Tax – Total 31.87 -2.78 -28.61 5.00 -41.91
Income After Tax 80.33 16.69 -22.72 29.63 -54.54
Minority Interest -1.73 -1.37 -1.19 -1.13 -0.79
Net Income Before Extraordinary Items 78.60 15.33 -23.91 28.50 -55.33
Discontinued Operations -- -- -- 0.00 0.00
Extraordinary Item 37.50 -- -- -- --
Total Extraordinary Items 37.50 -- -- 0.00 0.00
Net Income 116.10 15.33 -23.91 28.50 -55.33
Miscellaneous Earnings Adjustment -- -- -- -- --
Total Adjustments to Net Income -- -- -- -- --
Income Available to Common Excluding Extraordinary Items 78.60 15.33 -23.91 28.50 -55.33
Income Available to Common Stocks Including Extraordinary Items 116.10 15.33 -23.91 28.50 -55.33
Basic Weighted Average Shares 48.71 48.70 48.69 48.68 48.67
Basic EPS Excluding Extraordinary Items 1.61 0.31 -0.49 0.59 -1.14
Basic EPS Including Extraordinary Items 2.38 0.31 -0.49 0.59 -1.14
Dilution Adjustment -- -- -- -- --
Diluted Net Income 116.10 15.33 -23.91 28.50 -55.33
Diluted Weighted Average Shares 48.71 48.70 48.69 48.68 48.67
Diluted EPS Excluding Extraordinary Items 1.61 0.31 -0.49 0.59 -1.14
Diluted EPS Including Extraordinary Items 2.38 0.31 -0.49 0.59 -1.14
DPS - Common Stock Primary Issue -- -- -- -- 0.50
Gross Dividends - Common Stock 0.00 0.00 0.00 0.00 24.34
Total Special Items 6.83 8.26 5.54 3.13 69.67
Normalized Income Before Taxes 119.02 22.17 -45.78 37.77 -26.78
Effect of Special Items on Income Taxes 1.94 2.89 1.94 0.45 24.39
Income Taxes Excluding Impact of Special Items 33.80 0.11 -26.67 5.46 -17.53
Normalized Income After Taxes 85.21 22.06 -19.11 32.31 -9.26
Normalized Income Available to Common 83.49 20.69 -20.31 31.18 -10.05
Basic Normalized EPS 1.71 0.42 -0.42 0.64 -0.21
Diluted Normalized EPS 1.71 0.42 -0.42 0.64 -0.21
Amortization of Intangibles, Supplemental -- -- -- -- --
Depreciation, Supplemental 3.73 3.80 3.61 3.60 3.34
Interest Expense, Supplemental 0.03 0.00 0.00 0.00 0.13
Rental Expense, Supplemental -- -- -- -- --
Advertising Expense, Supplemental -- -- -- -- --
Equity in Affiliates, Supplemental 107.79 13.17 -52.77 30.16 -31.01
Minority Interest, Supplemental -1.73 -1.37 -1.19 -1.13 -0.79
Research & Development Expense, Supplemental 20.00 13.00 16.00 19.00 20.00
Audit-Related Fees, Supplemental 0.53 0.51 0.48 -- 0.45
Audit-Related Fees 0.00 0.00 0.00 -- 0.00
Tax Fees, Supplemental 0.00 0.00 0.00 -- 0.00
All Other Fees Paid to Auditor, Supplemental 0.00 0.00 0.00 -- 0.00
Gross Margin 31.08 32.29 30.64 31.05 29.96
Operating Margin 0.77 -0.90 0.25 2.73 -74.16
Pretax Margin 100.14 12.78 -47.09 33.35 -104.79
Effective Tax Rate 28.40 -19.96 -- 14.45 --
Net Profit Margin 70.16 14.07 -21.94 27.44 -60.12
Normalized EBIT 7.69 7.27 5.81 5.97 1.42
Normalized EBITDA 11.43 11.07 9.42 9.57 4.75
Current Tax - Domestic -- -- -- -- --
Current Tax - Foreign -- -- -- -- --
Current Tax - Total -0.10 1.50 0.10 0.80 0.00
Current Tax - Total -0.10 1.50 0.10 0.80 0.00
Deferred Tax - Domestic 32.00 -- -- -- --
Deferred Tax - Foreign -- -- -- -- --
Deferred Tax - Total -- -4.30 -28.70 4.20 -41.90
Deferred Tax - Total 32.00 -4.30 -28.70 4.20 -41.90
Other Tax -0.03 0.02 -0.01 0.00 -0.01
Income Tax - Total 31.87 -2.78 -28.61 5.00 -41.91
Interest Cost - Domestic 2.07 2.30 2.38 2.54 2.16
Expected Return on Assets - Domestic -2.77 -2.91 -3.35 -3.41 -3.98
Actuarial Gains and Losses - Domestic 1.70 1.47 1.34 0.93 1.24
Transition Costs - Domestic -- -- -- -- --
Other Pension, Net - Domestic -- -- -- -- --
Domestic Pension Plan Expense 1.01 0.87 0.36 0.06 -0.58
Interest Cost - Post-Retirement 0.08 0.10 0.11 0.11 0.11
Prior Service Cost - Post-Retirement 0.00 -0.54 -0.62 -0.64 -0.69
Actuarial Gains and Losses - Post-Retirement -0.22 -0.15 -0.10 -0.18 -0.15
Post-Retirement Plan Expense -0.14 -0.60 -0.61 -0.71 -0.73
Defined Contribution Expense - Domestic 2.50 2.70 2.10 2.40 2.10
Total Pension Expense 3.37 2.97 1.85 1.76 0.80
Discount Rate - Domestic -- 4.00 3.80 4.50 3.70
Discount Rate - Post-Retirement -- 3.20 3.00 3.20 2.50
Expected Rate of Return - Domestic -- 7.00 7.20 7.20 9.20
Total Plan Interest Cost 2.15 2.40 2.48 2.65 2.27
Total Plan Expected Return -2.77 -2.91 -3.35 -3.41 -3.98
Total Plan Other Expense -- -- -- -- --

FY = Fiscal Year. MRQ = Most Recent Quarter. mil = Millions. TTM = Trailing Twelve Months.

Valuation

P/E (TTM) --
P/E (FY) 2.00
P/E 5 Fiscal Year High 25.90
P/E 5 Fiscal Year Low 8.83
Price to Revenue (TTM) 1.35
Price to Revenue (MRQ) 1.30
Price to Revenue (FY) 1.40
Price To Cash Flow (TTM) --
Price to Cash Flow (MRQ) --
Price to Cash Flow (FY) 1.87
Price to Free Cash Flow (TTM) 6.82
Price to Free Cash Flow (FY) 9.91
Price to Book (MRQ) 0.54
Price to Book (FY) 0.47
Price to Tangible Book (MRQ) 0.59
Price to Tangible Book (FY) 0.51
Price to Tangible Book - Common (MRQ) 1.10
Price to Tangible Book - Common (FY) 2.25

Financial Strength

Quick Ratio (MRQ) 1.65
Quick Ratio (FY) 5.89
Current Ratio (MRQ) 1.83
LT Debt to Equity (MRQ) (%) 0.17
LT Debt to Equity (MRQ) (%) 0.17
LT Debt to Equity (FY) (%) 0.15
Total Debt to Equity (MRQ) (%) 0.17
Total Debt to Equity (FY) (%) 0.15

Growth

5 Year Annual Growth (%) 6.11
5-Year Annual Dividend Growth Rate (%) --
5-Year Annual Revenue Growth Rate (%) 6.13
5 Year EPS Growth (%) 6.72

Copyright Thomson Reuters Corporation