Company Information

  

Address: 125 TECHNOLOGY PARK  
City: LAKE MARY 
State: FL 
Zip Code: 32746-6204 
Telephone: 407-333-9911 

Description of Business

Primary SIC Code: 3829
(As filed with the SEC)  

FARO was founded in 1982, and re-incorporated in Florida in 1992. Our worldwide headquarters are located at 250 Technology Park, Lake Mary, Florida 32746 and our telephone number is (407) 333-9911. We design, develop, manufacture, market and support software driven, three-dimensional (3D) measurement, imaging and realization systems. This technology permits high-precision 3D measurement, imaging and comparison of parts and complex structures within production and quality assurance processes. Our devices are used for inspection of components and assemblies, rapid prototyping, reverse engineering, documenting large volume or structures in 3D, surveying and construction as well as for investigation and reconstruction of accident sites or crime scenes.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/2017-0.02NAN/E
03/20170.39NA91.67
12/20160.67NA53.73
09/20160.97NA37.06
06/20160.86NA39.34
03/20160.89NA36.19
12/20150.74NA39.89
09/20150.86NA40.70

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.06Total Liab/Total Assets0.20
Net Inc/Total Assets0.03Total Liab/Inv Cap0.24
Net Inc/Inv Cap0.03Total Liab/Comm Equity0.46
Pretax Inc/Net Sales0.04Interest Coverage Ratio264.04
Net Inc/Net Sales0.03Curr Debt/EquityNA
Cash Flow/Net Sales0.12LTD/EquityNA
SG&A/NetSales0.37Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover4.44Quick Ratio3.52
Inventory Turnover3.03Current Ratio4.30
Inventory Day Sales0.01Net Rec/Curr Assets0.24
Net Sales/Work Cap1.48Inv/Curr Assets0.18
Net Sales/PP&E5.35  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 82.68 81.56 91.70 79.60
Cost of Goods Sold 35.92 37.81 43.03 36.92
Selling & Admin Exps 37.90 33.57 33.10 30.57
Operating Income -4.17 -2.01 3.62 0.84
Interest Exp NA NA 0.05 NA
Pretax Income -4.54 -1.93 3.66 1.03
Other Income -0.37 0.07 0.21 0.07
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -3.63 -1.46 3.55 1.09

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 139.56 148.77 149.11 153.31
Receivables - Total 58.81 60.63 68.93 66.05
Inventories - Total 57.87 52.54 51.89 55.21
Total Current Assets 279.22 279.77 286.23 294.99
Net Property, Plant & Equipment 67.61 63.36 60.81 66.42
Total Assets 437.07 427.18 423.71 430.60
Liabilities        
Accounts Payable 38.27 33.87 36.32 35.83
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 70.51 65.54 66.61 65.81
Long-Term Debt NA NA NA NA
Total Liabilities 87.58 82.99 84.06 85.00
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA 0.00 NA
Common Stock 0.02 0.02 0.02 0.02
Retained Earnings 178.05 181.68 183.44 179.89
Treasury Stock -31.83 -31.83 -31.84 -31.84
Total Stockholders' Equity 349.49 344.18 339.66 345.60
Total Liabilities and Stockholders' Equity 437.07 427.18 423.71 430.60

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities -4.09 -0.28 9.13 0.72
Net Cash Provided by Investing Activities 13.27 -2.08 -20.46 -13.33
Net Cash Provided by Financing Activities 0.01 0.27 -0.18 -0.15

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012273.4023.001.34
12/2013291.7821.511.25
12/2014341.8333.651.93
12/2015317.5512.810.74
12/2016325.5811.110.67
Growth Rates4.46-16.64-15.91

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1712916,17696.82




Report Date : 10/16/2017

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