Company Information

  

Address: 300 GRANITE STREET
SUITE 201 
City: BRAINTREE 
State: MA 
Zip Code: 02184 
Telephone: 781-917-0600 

Description of Business

Primary SIC Code: 3569
(As filed with the SEC)  

We are a leading global designer, producer and marketer of a wide range of mechanical power transmission, or MPT, and motion control products serving customers in a diverse group of industries, including energy, general industrial, material handling, mining, transportation and turf and garden. Our product portfolio includes industrial clutches and brakes, enclosed gear drives, open gearing, engineered belted drives, couplings, engineered bearing assemblies, linear components and other related products. Our products are used in a wide variety of high-volume manufacturing processes, where the reliability and accuracy of our products are critical in both avoiding costly down time and enhancing the overall efficiency of manufacturing operations. Our products are also used in non-manufacturing applications where product quality and reliability are especially critical, such as clutches and brakes for elevators and residential and commercial lawnmowers.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20171.400.17034.36
06/20171.160.17034.31
03/20170.990.15039.34
12/20160.970.15038.04
09/20161.150.15025.19
06/20161.330.15020.29
12/20151.360.15018.44
09/20151.460.15015.84

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.15Total Liab/Total Assets0.67
Net Inc/Total Assets0.03Total Liab/Inv Cap0.90
Net Inc/Inv Cap0.04Total Liab/Comm Equity3.48
Pretax Inc/Net Sales0.05Interest Coverage Ratio3.90
Net Inc/Net Sales0.04Curr Debt/Equity0.15
Cash Flow/Net Sales0.11LTD/Equity1.15
SG&A/NetSales0.20Total Debt/Equity1.30
Asset Utilization   Liquidity  
Net Receivables Turnover6.42Quick Ratio1.19
Inventory Turnover3.73Current Ratio2.01
Inventory Day Sales0.01Net Rec/Curr Assets0.35
Net Sales/Work Cap4.11Inv/Curr Assets0.41
Net Sales/PP&E4.00  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 214.62 223.36 215.44 172.65
Cost of Goods Sold 145.61 151.23 149.27 117.52
Selling & Admin Exps 41.01 41.62 40.38 34.94
Operating Income 21.27 23.15 17.66 6.03
Interest Exp 1.81 2.03 1.71 3.06
Pretax Income 18.77 21.25 14.69 0.54
Other Income -0.70 0.14 -1.27 -2.42
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 13.28 15.38 10.33 1.67

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 53.15 58.98 52.94 69.12
Receivables - Total 144.33 144.21 135.33 120.93
Inventories - Total 153.01 142.70 139.44 139.84
Total Current Assets 367.53 364.75 349.07 344.19
Net Property, Plant & Equipment 190.46 185.03 178.50 177.04
Total Assets 926.03 911.09 877.53 869.82
Liabilities        
Accounts Payable 136.41 132.06 127.83 127.93
Debt in Current Liabilities 0.38 0.37 0.34 43.69
Total Current Liabilities 136.79 132.43 128.17 171.62
Long-Term Debt 295.22 308.01 317.65 325.97
Total Liabilities 542.47 542.31 530.08 586.48
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.03 0.03 0.03 0.03
Retained Earnings 215.77 207.44 197.04 191.11
Treasury Stock NA NA NA NA
Total Stockholders' Equity 383.57 368.78 347.45 283.35
Total Liabilities and Stockholders' Equity 926.03 911.09 877.53 869.82

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 17.33 22.93 3.02 29.75
Net Cash Provided by Investing Activities -5.62 -4.20 -7.33 -191.22
Net Cash Provided by Financing Activities -20.05 -15.45 -13.75 191.72

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012731.9924.290.91
12/2013722.2240.281.50
12/2014819.8240.171.47
12/2015746.6535.411.36
12/2016708.9125.140.97
Growth Rates-0.800.861.61

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1716028,99499.04




Report Date : 12/4/2017

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