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, radio frequency and impulse welding and fabricating manufacturing technologies. The Company's raw materials primarily consist of polyethylene and polyurethane foams, sheet and other plastics, pulp fiber, cross-linked polyethylene and reticulated polyurethane foams, fabric and foam laminates, and natural fiber materials.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20181.21NA24.38
12/20171.26NA22.06
09/20171.10NA25.55
06/20171.23NA23.01
03/20171.25NA20.72
12/20161.10NA23.14
09/20161.12NA23.66
06/20161.05NA21.47

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.35Total Liab/Total Assets0.10
Net Inc/Total Assets0.07Total Liab/Inv Cap0.11
Net Inc/Inv Cap0.07Total Liab/Comm Equity0.55
Pretax Inc/Net Sales0.08Interest Coverage Ratio238.18
Net Inc/Net Sales0.06Curr Debt/EquityNA
Cash Flow/Net Sales0.12LTD/EquityNA
SG&A/NetSales0.16Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover6.65Quick Ratio6.26
Inventory Turnover8.32Current Ratio7.55
Inventory Day Sales0.02Net Rec/Curr Assets0.30
Net Sales/Work Cap2.27Inv/Curr Assets0.17
Net Sales/PP&E2.76  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 42.93 37.22 35.68 37.89
Cost of Goods Sold 32.75 29.38 27.49 27.95
Selling & Admin Exps 6.59 5.78 5.69 5.94
Operating Income 2.56 2.06 2.50 3.93
Interest Exp 0.27 0.01 0.01 0.01
Pretax Income 2.37 2.12 2.55 3.96
Other Income 0.12 0.07 0.06 0.03
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 1.78 2.72 1.69 2.63

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 7.06 37.98 37.25 34.51
Receivables - Total 30.06 22.40 23.02 22.32
Inventories - Total 18.26 12.86 13.14 14.10
Total Current Assets 58.10 75.07 75.64 73.38
Net Property, Plant & Equipment 58.79 53.65 51.98 50.84
Total Assets 194.22 138.21 137.09 133.69
Liabilities        
Accounts Payable 10.95 9.94 10.31 9.02
Debt in Current Liabilities 2.86 0.00 0.08 0.34
Total Current Liabilities 16.94 9.94 10.40 9.37
Long-Term Debt 46.43 NA NA NA
Total Liabilities 68.20 14.50 16.18 14.99
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 99.24 97.56 94.85 93.15
Treasury Stock -0.59 -0.59 -0.59 -0.59
Total Stockholders' Equity 126.02 123.71 120.91 118.70
Total Liabilities and Stockholders' Equity 194.22 138.21 137.09 133.69

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities -1.99 4.46 5.08 3.79
Net Cash Provided by Investing Activities -78.43 -3.50 -2.41 -3.01
Net Cash Provided by Financing Activities 49.51 -0.23 0.06 -0.02

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013139.2211.281.59
12/2014139.317.561.05
12/2015138.857.591.05
12/2016146.137.971.10
12/2017147.849.211.26
Growth Rates1.51-4.93-5.65

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18865,12169.69




Report Date : 7/16/2018

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