| 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 |
| 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 | | 08/2007 | 1.07 | 0.170 | 19.78 | | 05/2007 | 1.31 | 0.170 | 16.11 |
Key Financial Ratios and Statistics |
FYE:
05/31 |
| Profitability |
2008 |
Leverage |
2008 |
| Net Inc/Comm Equity | 0.61 | Total Liab/Total Assets | 0.55 | | Net Inc/Total Assets | 0.05 | Total Liab/Inv Cap | 0.83 | | Net Inc/Inv Cap | 0.08 | Total Liab/Comm Equity | 6.30 | | Pretax Inc/Net Sales | 0.05 | Interest Coverage Ratio | 7.79 | | Net Inc/Net Sales | 0.03 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.06 | LTD/Equity | 0.28 | | SG&A/NetSales | 0.08 | Total Debt/Equity | 0.28 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 7.51 | Quick Ratio | 0.77 | | Inventory Turnover | 5.18 | Current Ratio | 1.66 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.36 | | Net Sales/Work Cap | 6.97 | Inv/Curr Assets | 0.54 | | Net Sales/PP&E | 5.58 | | |
Income Statement (Millions) |
| |
2/28/2009
|
11/30/2008
|
8/31/2008
|
5/31/2008
|
|
Total Revenues(Net Sales)
|
501.13
|
745.35
|
913.22
|
868.88
|
|
Cost of Goods Sold
|
461.20
|
799.77
|
761.32
|
737.65
|
|
Selling & Admin Exps
|
47.78
|
48.34
|
63.40
|
66.55
|
|
Operating Income
|
-24.17
|
-211.64
|
79.75
|
56.50
|
|
Interest Exp
|
4.29
|
6.55
|
5.57
|
5.74
|
|
Pretax Income
|
-19.64
|
-208.42
|
98.70
|
70.44
|
|
Other Income
|
5.00
|
-1.26
|
-0.49
|
-2.19
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
1.55
|
-164.65
|
68.62
|
53.87
|
|
Assets
|
2/28/2009
|
11/30/2008
|
8/31/2008
|
5/31/2008
|
|
Cash & Short Term Investments
|
31.94
|
26.44
|
74.78
|
73.77
|
|
Receivables - Total
|
295.12
|
365.11
|
396.98
|
402.32
|
|
Inventories - Total
|
367.55
|
461.70
|
671.07
|
594.09
|
|
Total Current Assets
|
729.88
|
889.11
|
1,178.98
|
1,104.97
|
|
Net Property, Plant & Equipment
|
519.70
|
529.72
|
549.75
|
549.94
|
|
Total Assets
|
1,488.94
|
1,694.97
|
2,101.66
|
1,988.03
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
324.41
|
553.79
|
745.61
|
664.90
|
|
Debt in Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Liabilities
|
343.13
|
553.79
|
745.61
|
664.90
|
|
Long-Term Debt
|
245.40
|
245.40
|
245.40
|
245.00
|
|
Total Liabilities
|
775.81
|
969.36
|
1,178.52
|
1,102.65
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
40.04
|
37.89
|
38.85
|
42.16
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
NA
|
NA
|
NA
|
174.90
|
|
Retained Earnings
|
NA
|
NA
|
NA
|
685.84
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
713.14
|
725.61
|
923.14
|
885.38
|
|
Total Liabilities and Stockholders' Equity
|
1,488.94
|
1,694.97
|
2,101.66
|
1,988.03
|
Cash Flow Summary (Millions) |
|
Categories
|
2/28/2009
|
11/30/2008
|
8/31/2008
|
5/31/2008
|
|
Net Cash Provided by Operating Activities
|
124.69
|
56.65
|
22.34
|
72.34
|
|
Net Cash Provided by Investing Activities
|
11.57
|
-16.45
|
-51.85
|
-10.09
|
|
Net Cash Provided by Financing Activities
|
-130.76
|
-88.54
|
30.51
|
-42.91
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 05/2004 | 2,379.10 | 86.75 | 1.00 | | 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 | | Growth Rates | 6.56 | 5.40 | 6.98 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 03/31/09 | 203 | 51,139 | 64.78 |
|
Report Date :
6/23/2009
 Copyright
2009, EDGAR Online, Inc. All
rights reserved. Replication or redistribution of EDGAR Online, Inc. content is
expressly prohibited without the prior written consent of EDGAR Online, Inc.
EDGAR Online, Inc. shall not be liable for any errors or delays in the content,
or for any actions taken in reliance thereon.
|
|
|