On Nov. 6, PC Mall
- The 0.8% decrease in revenue was due to lost sales from eCOST.com, which contributed $10.6 million of net sales in Q3 2005. Commercial net sales grew by 8% primarily because of an 11% increase in sales from SMB.
- A decline in cost of goods sold and the acquisition of GMRI's products business in September resulted in an increase in total gross profit.
- A good mix of products and a reduction in selling, general, and administrative expenses resulted in a $1.7 million increase in net income.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$242.2 |
$244.0 |
(0.8%) |
|
Net Profit |
$1.9 |
$0.2 |
733.2% |
|
EPS |
$0.15 |
$0.02 |
650.0% |
|
Diluted Shares |
12.9 |
12.4 |
4.2% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2006 |
Q3 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
13.0% |
12.1% |
0.9 |
|
Operating Margin |
1.7% |
0.5% |
1.1 |
|
Net Margin |
0.8% |
0.1% |
0.7 |
*Expressed in percentage points
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$6.9 |
$5.7 |
20.9% |
|
Accounts Rec. |
$116.7 |
$97.2 |
20.1% |
|
Inventory |
$40.0 |
$51.3 |
(22.1%) |
|
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$79.6 |
$66.3 |
20.0% |
|
Long-Term Debt |
$1.9 |
$2.4 |
(21.1%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
2006 |
2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$33.2 |
$14.4 |
131% |
|
Capital Expenditures |
$2.7 |
$2.5 |
8.0% |
|
Free Cash Flow |
$30.5 |
$11.9 |
156% |
Find out why Fools always follow the money.
Related Companies:
-
Zones
(NASDAQ:ZONS) -
CDW
(NASDAQ:CDWC) -
PC Connection
(NASDAQ:PCCC)
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.
