Book publisher Courier
- Revenues grew 11% to $64.3 million.
- Net income was down 10% to $4 million, or $0.32 per share.
- Its 2006 acquisition of Creative Homeowner was the key driver of sales in its specialty publishing division; revenues there rose 53%.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q1 2006 |
Q1 2005 |
Change |
|
|---|---|---|---|---|
|
Sales |
$65,570 |
$64,312 |
$57,684 |
11.5% |
|
Net Profit |
-- |
$4,023 |
$4,487 |
(10.3%) |
|
EPS |
$0.38 |
$0.32 |
$0.36 |
(11.1%) |
|
Diluted Shares |
-- |
12,656 |
12,551 |
0.8% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q1 2006 |
Q1 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
31.32% |
32.06% |
(0.74) |
|
Operating Margin |
9.98% |
11.96% |
(1.98) |
|
Net Margin |
6.26% |
7.80% |
(1.54) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q1 2006 |
Q1 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$1,506 |
$20,100 |
(92.5%) |
|
Accounts Rec. |
$42,337 |
$33,200 |
27.5% |
|
Inventory |
$33,534 |
$25,300 |
32.5% |
|
Liabilities |
Q1 2006 |
Q1 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$17,650 |
$8,700 |
102.9% |
|
Long-Term Debt |
$20,948 |
$400 |
5137.0% |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
Q1 2006 |
Q1 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$7,389 |
$9,700 |
(23.8%) |
|
Capital Expenditures |
$7,895 |
$7,400 |
6.7% |
|
Free Cash Flow |
($506) |
$2,300 |
N/A |
Find out why Fools always follow the money.
Related Companies:
-
Cadmus Communications
(NASDAQ:CDMS) -
Scholastic
(NASDAQ:SCHL) -
Educational Development
(NASDAQ:EDUC)
Related Foolishness:
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, Rich Duprey had no positions in any of the companies mentioned in the article. Fool rules are here.
