On July 27, Motley Fool Hidden Gems pick Columbia Sportswear
- Sales and earnings per share exceeded estimates.
- Gross, operating, and net margins declined.
- The balance sheet remains very healthy, but inventory growth greater than sales growth bears watching.
(Figures in thousands, except per-share data)
Income Statement Highlights|
Avg. Est. |
Q2 2006 |
Q2 2005 |
Change |
|
|---|---|---|---|---|
|
Sales |
$206,360 |
$211,553 |
$186,231 |
13.6% |
|
Net Profit |
-- |
$4,833 |
$6,313 |
(23.4%) |
|
EPS |
$0.04 |
$0.13 |
$0.16 |
(18.8%) |
|
Diluted Shares |
36,965 |
39,329 |
(6.0%) |
Get back to basics with a look at the income statement.
Margin Checkup|
Q2 2006 |
Q2 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
38.49% |
39.50% |
(1.01) |
|
Operating Margin |
2.58% |
4.48% |
(1.90) |
|
Net Margin |
2.28% |
3.39% |
(1.11) |
*Expressed in percentage points.
Margins are the earnings engine. See how they work.
|
Assets |
Q2 2006 |
Q2 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$173,795 |
$242,879 |
(28.4%) |
|
Accounts Rec. |
$165,350 |
$165,252 |
0.1% |
|
Inventory |
$272,248 |
$215,937 |
26.1% |
|
Liabilities |
Q2 2006 |
Q2 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$115,667 |
$88,454 |
30.8% |
|
Long-Term Debt |
$7,350 |
$11,997 |
(38.7%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
Not provided by the company.
Find out why Fools always follow the money.
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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,Nathan Parmelee had no positions in any of the companies mentioned. Fool rules are here.
