Company Information

  

Address: ONE TRIBOLOGY CENTER  
City: OXFORD 
State: CT 
Zip Code: 06478 
Telephone: (203) 267 7001 

Description of Business

Primary SIC Code: 3562
(As filed with the SEC)  

We are an international manufacturer and marketer of highly engineered precision bearings and products, which are integral to the manufacture and operation of most machines, aircraft and mechanical systems, to reduce wear to moving parts, facilitate proper power transmission, reduce damage and energy loss caused by friction and control pressure and flow. While we manufacture products in all major categories, we focus primarily on highly technical or regulated bearing products and engineered products for specialized markets that require sophisticated design, testing and manufacturing capabilities. We believe our unique expertise has enabled us to garner leading positions in many of the product markets in which we primarily compete. Over the past fifteen years, we have broadened our end markets, products, customer base and geographic reach. We currently have 43 facilities of which 36 are manufacturing facilities in six countries.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20172.97NA32.69
12/20163.30NA28.12
09/20163.48NA21.98
06/20163.33NA21.77
03/20162.72NA26.93
12/20152.31NA27.96
09/20152.19NA27.27
06/20152.13NA33.69

Key Financial Ratios and Statistics

FYE: 04/01

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.25Total Liab/Total Assets0.35
Net Inc/Total Assets0.06Total Liab/Inv Cap0.39
Net Inc/Inv Cap0.07Total Liab/Comm Equity1.41
Pretax Inc/Net Sales0.17Interest Coverage Ratio13.05
Net Inc/Net Sales0.11Curr Debt/Equity0.02
Cash Flow/Net Sales0.16LTD/Equity0.36
SG&A/NetSales0.19Total Debt/Equity0.38
Asset Utilization   Liquidity  
Net Receivables Turnover5.80Quick Ratio1.70
Inventory Turnover1.35Current Ratio4.81
Inventory Day Sales0.00Net Rec/Curr Assets0.24
Net Sales/Work Cap1.73Inv/Curr Assets0.65
Net Sales/PP&E3.35  

Income Statement (Millions)

  7/1/2017 4/1/2017 12/31/2016 10/1/2016
Total Revenues(Net Sales) 163.90 160.21 146.66 153.94
Cost of Goods Sold 101.99 96.98 94.27 97.21
Selling & Admin Exps 30.11 28.84 31.86 27.18
Operating Income 31.80 34.39 20.53 29.55
Interest Exp 2.03 2.05 2.11 2.26
Pretax Income 29.40 32.29 18.63 27.15
Other Income -0.37 -0.05 0.22 -0.15
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 21.81 21.59 12.77 18.23

Balance Sheet (Millions)

Assets 7/1/2017 4/1/2017 12/31/2016 10/1/2016
Cash & Short Term Investments 45.46 38.92 39.47 37.46
Receivables - Total 112.64 109.70 98.31 103.94
Inventories - Total 292.44 289.59 287.37 287.17
Total Current Assets 459.07 447.96 437.23 437.41
Net Property, Plant & Equipment 185.85 183.63 181.14 184.78
Total Assets 1,120.60 1,108.85 1,097.71 1,103.52
Liabilities        
Accounts Payable 86.11 78.92 78.23 71.33
Debt in Current Liabilities 15.49 14.21 12.96 11.73
Total Current Liabilities 101.60 93.14 91.19 83.06
Long-Term Debt 222.38 255.59 281.99 318.33
Total Liabilities 368.92 391.80 412.18 437.42
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.25 0.25 0.25 0.24
Retained Earnings 471.65 448.69 427.11 414.34
Treasury Stock -36.84 -34.55 -34.54 -33.33
Total Stockholders' Equity 751.69 717.04 685.53 666.10
Total Liabilities and Stockholders' Equity 1,120.60 1,108.85 1,097.71 1,103.52

Cash Flow Summary (Millions)

Categories 7/1/2017 4/1/2017 12/31/2016 10/1/2016
Net Cash Provided by Operating Activities 39.81 26.67 36.06 19.30
Net Cash Provided by Investing Activities -5.66 -6.40 -4.70 -5.10
Net Cash Provided by Financing Activities -28.80 -21.11 -27.69 -14.06

Annual Summary Data (Millions)

Year Sales Net Income EPS
04/2013403.0556.342.47
04/2014418.8960.212.59
04/2015445.2858.252.25
04/2016597.4763.892.72
04/2017615.3970.622.97
Growth Rates11.165.814.72

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1717324,255--




Report Date : 10/16/2017

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