On June 6, Shuffle Master (NASDAQ:SHFL) released second-quarter earnings for the period ended April 30.
- Gross margin declined by 690 basis points, primarily because of lower-margin sales of the Stargames slot product and electronic table games.
- The Stock Advisor recommendation carries a two-star rating in Motley Fool CAPS, unchanged from last quarter.
- For more analysis, read Steven Mallas' Take on Q2 earnings.
(Figures in thousands, except per-share data.)
Income Statement Highlights
|
Q2 2007 |
Q2 2006 |
Change | |
|---|---|---|---|
|
Sales |
$44,644 |
$43,303 |
3.1% |
|
Net Profit* |
$3,427 |
($12,632) |
N/A |
|
EPS |
$0.10 |
($0.37) |
N/A |
|
Diluted Shares |
35,336 |
34,555 |
2.3% |
Get back to basics with the income statement.
Margin Checkup
|
Q2 2007 |
Q2 2006 |
Change* | |
|---|---|---|---|
|
Gross Margin |
59.8% |
66.6% |
(6.9) |
|
Operating Margin |
17.6% |
(15.9%) |
33.5 |
|
Net Margin |
7.7% |
(29.2%) |
36.9 |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q2 2007 |
Q2 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$7,148 |
$33,947 |
(78.9%) |
|
Accounts Rec. |
$31,667 |
$32,275 |
(1.9%) |
|
Inventory |
$33,015 |
$20,751 |
59.1% |
|
Liabilities |
Q2 2007 |
Q2 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$9,574 |
$8,620 |
11.1% |
|
Long-Term Debt |
$223,157 |
$162,533 |
37.3% |
The balance sheet reflects the company's health.
Cash Flow Highlights
No data available.
Free cash flow is a Fool's best friend.
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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.
