Company Information

  

Address: 500 CUMMINGS CENTER  
City: BEVERLY 
State: MA 
Zip Code: 01915 
Telephone: 978-619-1300 

Description of Business

Primary SIC Code: 4813
(As filed with the SEC)  

We are a holding company that, through our operating subsidiaries, (i) owns and operates wireless and wireline telecommunications service providers in North America, Bermuda and the Caribbean, (ii) develops, owns and operates commercial distributed generation solar power systems in the United States and India, and (iii) owns and operates terrestrial and submarine fiber optic transport systems in the United States and the Caribbean. We were incorporated in Delaware in 1987, began trading publicly in 1991 and spun off more than half of our operations to stockholders in 1998. Since that time, we have engaged in strategic acquisitions and investments to grow our operations. We continue to actively evaluate additional domestic and international acquisition and investment opportunities and other strategic transactions in the telecommunications, energy­related and other industries that meet our return­on­investment and other acquisition criteria.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20171.940.17028.48
09/2017-0.620.170N/E
06/20171.340.34051.07
12/20160.750.340106.84
09/20160.850.34076.52
06/20160.820.32094.89
03/20161.600.32047.39

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.24Total Liab/Total Assets0.43
Net Inc/Total Assets0.03Total Liab/Inv Cap0.50
Net Inc/Inv Cap0.03Total Liab/Comm Equity3.91
Pretax Inc/Net Sales0.10Interest Coverage Ratio6.38
Net Inc/Net Sales0.07Curr Debt/Equity0.02
Cash Flow/Net Sales0.30LTD/Equity0.21
SG&A/NetSales0.32Total Debt/Equity0.23
Asset Utilization   Liquidity  
Net Receivables Turnover10.82Quick Ratio2.03
Inventory Turnover7.23Current Ratio2.12
Inventory Day Sales0.02Net Rec/Curr Assets0.13
Net Sales/Work Cap2.66Inv/Curr Assets0.04
Net Sales/PP&E0.75  

Income Statement (Millions)

  12/31/2017 9/30/2017 6/30/2017 3/31/2017
Total Revenues(Net Sales) 107.70 122.13 123.25 128.12
Cost of Goods Sold 21.76 27.39 27.91 30.46
Selling & Admin Exps 6.07 74.85 37.87 36.59
Operating Income 41.35 -19.52 15.84 17.79
Interest Exp 2.27 2.10 2.15 2.32
Pretax Income 41.20 -21.86 13.51 14.71
Other Income 2.53 0.35 -0.18 -1.88
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 43.50 -24.76 5.88 6.86

Balance Sheet (Millions)

Assets 12/31/2017 9/30/2017 6/30/2017 3/31/2017
Cash & Short Term Investments 215.87 233.29 240.11 274.96
Receivables - Total 43.53 48.83 47.64 48.49
Inventories - Total 15.40 14.81 15.35 15.41
Total Current Assets 342.93 334.74 344.34 376.63
Net Property, Plant & Equipment 643.15 624.60 649.73 639.22
Total Assets 1,205.61 1,184.02 1,201.48 1,193.40
Liabilities        
Accounts Payable 150.76 159.66 141.97 149.02
Debt in Current Liabilities 10.92 13.94 9.85 12.53
Total Current Liabilities 161.71 173.68 151.89 161.83
Long-Term Debt 144.87 145.71 149.83 139.87
Total Liabilities 516.88 539.39 519.77 513.85
Stockholder's Equity        
Minority Interest 141.50 142.11 138.74 134.40
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.17 0.17 0.17 0.17
Retained Earnings 552.95 512.18 539.66 539.29
Treasury Stock -36.11 -36.10 -25.44 -25.34
Total Stockholders' Equity 688.73 644.63 681.71 679.55
Total Liabilities and Stockholders' Equity 1,205.61 1,184.02 1,201.48 1,193.40

Cash Flow Summary (Millions)

Categories 12/31/2017 9/30/2017 6/30/2017 3/31/2017
Net Cash Provided by Operating Activities 23.74 56.52 33.38 32.09
Net Cash Provided by Investing Activities -27.96 -49.39 -68.59 -20.85
Net Cash Provided by Financing Activities -12.45 -14.16 1.32 -15.63

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013292.83349.20--
12/2014336.3548.15--
12/2015355.3716.94--
12/2016457.0012.100.75
12/2017481.1931.491.94
Growth Rates13.22-45.20--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional03/31/181469,92561.93




Report Date : 4/16/2018

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