On Mar. 1, Mine Safety (NYSE:MSA) released full-year 2005 earnings for the period ended Dec. 31, 2005.

  • Revenue increased 6% to a record $912 million.
  • EPS grew 18%, beating expectations by $0.03.
  • Operating margins ticked up on better North American cost controls.

(Figures in thousands, except per-share data)

Income Statement Highlights

Avg. Est.

FY 2005

FY 2004

% Change

Sales

$903,600

$911,970

$857,513

6.4%

Net Profit

--

$81,783

$71,047

15.1%

EPS

$2.16

$2.19

$1.86

17.7%



Get back to basics with a look at the income statement.

Margin Checkup

FY 2005

FY 2004

% Change

Gross Margin

39.42%

40.28%

(0.86%)

Op. Margin

14.23%

13.76%

0.47%

Net Margin

8.97%

8.29%

0.68%



Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets

FY 2005

FY 2004

% Change

Cash+ ST Invest.

$44,797

$76,545

(41.5%)

Inventory

$119,731

$124,846

(4.1%)

Accounts Rec.

$169,436

$157,824

7.4%



Liabilities

FY 2005

FY 2004

% Change

Long-Term Debt

$54,642

$60,841

(10.2%)

Accounts Pay.

$40,935

$40,705

0.6%



Inventories at work.

Cash Flow Highlights

Data not provided. (Boo!)

Related Companies:

  • 3M (NYSE:MMM)
  • Armor Holdings (NYSE:AH)
  • Ceradyne (NASDAQ:CRDN)
  • Lakeland (NASDAQ:LAKE)
  • Lacrosse Footwear (NASDAQ:BOOT)
  • Tyco (NYSE:TYC)

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.

At the time of publication, Fool analyst Andy Cross did not own shares in any company mentioned above. Fool rules are here.