Company Information

  

Address: 100 HALE STREET  
City: NEWBURYPORT 
State: MA 
Zip Code: 01950 
Telephone: 978-352-2200 

Description of Business

Primary SIC Code: 3086
(As filed with the SEC)  

The Company is an innovative designer and custom converter of foams, plastics, composites and natural fiber materials, providing solutions to customers primarily within the medical, automotive, consumer, electronics, industrial, and aerospace and defense markets. It converts these materials using laminating, molding, and fabricating manufacturing technologies. The Company's raw materials primarily consist of polyethylene and polyurethane foams, sheet plastics, pulp fiber, cross-linked polyethylene and reticulated polyurethane foams, fabric and foam laminates, and natural fiber materials. The Company converts these materials to provide customers various solutions including medical device components, disposable wound care components, automotive interior trim, athletic padding, abrasive nail files and other beauty aids, air filtration, high-temperature insulation, military uniform and gear components and cushion packaging for various products.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20171.23NA23.01
03/20171.25NA20.72
12/20161.10NA23.14
09/20161.12NA23.66
06/20161.05NA21.47
03/20160.99NA22.49
12/20151.05NA22.69
09/20151.03NA22.18

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.32Total Liab/Total Assets0.12
Net Inc/Total Assets0.06Total Liab/Inv Cap0.13
Net Inc/Inv Cap0.07Total Liab/Comm Equity0.60
Pretax Inc/Net Sales0.08Interest Coverage Ratio179.51
Net Inc/Net Sales0.05Curr Debt/Equity0.01
Cash Flow/Net Sales0.06LTD/EquityNA
SG&A/NetSales0.15Total Debt/Equity0.01
Asset Utilization   Liquidity  
Net Receivables Turnover7.23Quick Ratio5.83
Inventory Turnover7.86Current Ratio7.31
Inventory Day Sales0.02Net Rec/Curr Assets0.32
Net Sales/Work Cap2.42Inv/Curr Assets0.20
Net Sales/PP&E3.01  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 37.89 37.05 36.51 37.22
Cost of Goods Sold 27.95 27.54 28.32 28.77
Selling & Admin Exps 5.94 6.32 5.70 4.35
Operating Income 3.93 3.21 2.26 4.08
Interest Exp 0.01 0.01 0.07 -0.04
Pretax Income 3.96 3.23 2.29 4.11
Other Income 0.03 0.05 0.14 -0.06
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 2.63 2.17 1.49 2.67

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 34.51 33.76 31.36 30.12
Receivables - Total 22.32 21.92 22.06 22.79
Inventories - Total 14.10 14.41 14.15 14.57
Total Current Assets 73.38 72.96 69.85 69.64
Net Property, Plant & Equipment 50.84 49.06 48.52 48.76
Total Assets 133.69 131.52 127.93 128.04
Liabilities        
Accounts Payable 9.02 9.99 8.70 10.48
Debt in Current Liabilities 0.34 0.60 0.86 1.03
Total Current Liabilities 9.37 10.59 9.56 11.51
Long-Term Debt NA NA 0.00 0.08
Total Liabilities 14.99 16.11 14.88 16.56
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.07 0.07 0.07 0.07
Retained Earnings 93.15 90.52 88.35 86.86
Treasury Stock -0.59 -0.59 -0.59 -0.59
Total Stockholders' Equity 118.70 115.41 113.05 111.49
Total Liabilities and Stockholders' Equity 133.69 131.52 127.93 128.04

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 3.79 4.14 2.81 5.29
Net Cash Provided by Investing Activities -3.01 -1.46 -1.21 -2.00
Net Cash Provided by Financing Activities -0.02 -0.28 -0.37 -0.17

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012130.9610.901.55
12/2013139.2211.281.59
12/2014139.317.561.05
12/2015138.857.591.05
12/2016146.137.971.10
Growth Rates2.78-7.52-8.22

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17754,95668.20




Report Date : 10/16/2017

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