| Address:
|
200 OLD WILSON BRIDGE ROAD
|
| City: |
COLUMBUS |
|
State: |
OH |
|
Zip Code: |
43085 |
| Telephone: |
614-438-3210 |
|
Description of Business
|
Primary SIC Code:
3310 |
| (As filed with the SEC)
|
|
|
Worthington Industries, Inc. is a corporation formed under the laws of the State
of Ohio (individually, the "Registrant" or "Worthington Industries" or, together
with its subsidiaries, "Worthington" or "Company"). Founded in 1955, Worthington
is primarily a diversified metal processing company, focused on value-added
steel processing and manufactured metal products, such as metal framing,
pressure cylinders, automotive past-model service stampings and, through joint
ventures, metal ceiling grid systems and laser-welded blanks.
Worthington is headquartered at 200 Old Wilson Bridge Road, Columbus, Ohio
43085, telephone (614) 438-3210. The common shares of Worthington Industries are
traded on the New York Stock Exchange under the symbol WOR.
Worthington Industries maintains an Internet web site at
www.worthingtonindustries.com. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 08/2009 | -2.15 | 0.100 | N/E | | 05/2009 | -1.37 | 0.100 | N/E | | 02/2009 | -0.54 | 0.170 | N/E | | 11/2008 | -0.33 | 0.170 | N/E | | 08/2008 | 1.93 | 0.170 | 9.12 | | 05/2008 | 1.31 | 0.170 | 15.22 | | 02/2008 | 1.09 | 0.170 | 16.14 | | 11/2007 | 0.94 | 0.170 | 22.54 |
Key Financial Ratios and Statistics |
FYE:
05/31 |
| Profitability |
2009 |
Leverage |
2009 |
| Net Inc/Comm Equity | -0.59 | Total Liab/Total Assets | 0.48 | | Net Inc/Total Assets | -0.08 | Total Liab/Inv Cap | 0.77 | | Net Inc/Inv Cap | -0.13 | Total Liab/Comm Equity | 3.59 | | Pretax Inc/Net Sales | -0.06 | Interest Coverage Ratio | -6.04 | | Net Inc/Net Sales | -0.04 | Curr Debt/Equity | 0.20 | | Cash Flow/Net Sales | 0.10 | LTD/Equity | 0.14 | | SG&A/NetSales | 0.08 | Total Debt/Equity | 0.34 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 8.23 | Quick Ratio | 0.88 | | Inventory Turnover | 5.68 | Current Ratio | 1.61 | | Inventory Day Sales | 0.02 | Net Rec/Curr Assets | 0.40 | | Net Sales/Work Cap | 11.60 | Inv/Curr Assets | 0.45 | | Net Sales/PP&E | 5.05 | | |
Income Statement (Millions) |
| |
8/31/2009
|
5/31/2009
|
2/28/2009
|
11/30/2008
|
|
Total Revenues(Net Sales)
|
417.53
|
471.57
|
501.13
|
745.35
|
|
Cost of Goods Sold
|
368.33
|
434.24
|
461.20
|
799.77
|
|
Selling & Admin Exps
|
50.03
|
50.53
|
47.78
|
48.34
|
|
Operating Income
|
-4.45
|
-19.24
|
-24.17
|
-211.64
|
|
Interest Exp
|
2.51
|
4.33
|
4.29
|
6.55
|
|
Pretax Income
|
10.88
|
-16.61
|
-19.64
|
-208.42
|
|
Other Income
|
1.70
|
-1.78
|
5.00
|
-1.26
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
6.68
|
-13.74
|
1.55
|
-164.65
|
|
Assets
|
8/31/2009
|
5/31/2009
|
2/28/2009
|
11/30/2008
|
|
Cash & Short Term Investments
|
102.40
|
56.32
|
31.94
|
26.44
|
|
Receivables - Total
|
224.68
|
237.50
|
295.12
|
365.11
|
|
Inventories - Total
|
234.78
|
271.28
|
367.55
|
461.70
|
|
Total Current Assets
|
595.18
|
598.94
|
729.88
|
889.11
|
|
Net Property, Plant & Equipment
|
515.33
|
521.51
|
519.70
|
529.72
|
|
Total Assets
|
1,354.09
|
1,363.83
|
1,488.94
|
1,694.97
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
338.81
|
234.07
|
324.41
|
553.79
|
|
Debt in Current Liabilities
|
19.47
|
138.01
|
NA
|
NA
|
|
Total Current Liabilities
|
358.28
|
372.08
|
343.13
|
553.79
|
|
Long-Term Debt
|
100.40
|
100.40
|
245.40
|
245.40
|
|
Total Liabilities
|
644.55
|
657.76
|
775.81
|
969.36
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
35.75
|
36.89
|
40.04
|
37.89
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
NA
|
NA
|
NA
|
NA
|
|
Retained Earnings
|
517.32
|
518.56
|
NA
|
NA
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
709.54
|
706.07
|
713.14
|
725.61
|
|
Total Liabilities and Stockholders' Equity
|
1,354.09
|
1,363.83
|
1,488.94
|
1,694.97
|
Cash Flow Summary (Millions) |
|
Categories
|
8/31/2009
|
5/31/2009
|
2/28/2009
|
11/30/2008
|
|
Net Cash Provided by Operating Activities
|
96.23
|
50.65
|
124.69
|
56.65
|
|
Net Cash Provided by Investing Activities
|
-17.18
|
3.48
|
11.57
|
-16.45
|
|
Net Cash Provided by Financing Activities
|
-32.97
|
-29.75
|
-130.76
|
-88.54
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 05/2005 | 3,078.88 | 179.41 | 2.03 | | 05/2006 | 2,897.18 | 145.99 | 1.64 | | 05/2007 | 2,971.81 | 113.90 | 1.31 | | 05/2008 | 3,067.16 | 107.08 | 1.31 | | 05/2009 | 2,631.27 | -108.21 | -1.37 | | Growth Rates | -3.85 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 09/30/09 | 193 | 48,672 | 61.51 |
|
Report Date :
11/16/2009
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