On Feb. 27, health and safety equipment maker Mine Safety Appliances
- Sales in the U.S., which account for about 50% of total revenues, slipped 8% because of lower military and fire service sales. That was offset by strong growth in the European and international segments.
- In Tuesday's down market, the stock rose more than 7% on the earnings news.
- After the stock gained 125%, Tom Gardner issued a sell recommendation in Motley Fool Hidden Gems last November because of slowing growth relative to the stock's valuation.
- The stock is stuck with a two-star rating in Motley Fool CAPS.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$258.9 |
$242.8 |
6.6% |
|
Net Profit |
$19.5 |
$24.2 |
(19.4%) |
|
EPS |
$0.53 |
$0.65 |
(18.5%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
34.5% |
38.2% |
(3.7) |
|
Operating Margin |
9.0% |
15.2% |
(6.2) |
|
Net Margin |
7.5% |
10.0% |
(2.4) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$61.3 |
$44.8 |
36.8% |
|
Accounts Rec. |
$174.6 |
$169.4 |
3.0% |
|
Inventory |
$137.2 |
$119.7 |
14.6% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$39.4 |
$40.9 |
(3.6%) |
|
Long-Term Debt |
$112.5 |
$45.8 |
145.5% |
Learn the ways of the balance sheet.
Cash Flow Highlights
We'd like to see a cash flow statement, but managers keep the details hidden.
Find out why Fools always follow the money.
Related Foolishness:
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Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
