On Nov. 2, LeapFrog Enterprises
- Revenues and EPS were well below expectations, causing management to implement "significant changes" to the business.
- Margins got crushed from excess reserves and obsolete inventory.
- Read a Foolish take on the quarter's results.
(Figures in millions, except per-share data)
Income Statement Highlights|
Avg. Est. |
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|---|
|
Sales |
$218 |
$185 |
$243 |
(23.9%) |
|
Net Profit |
-- |
($50) |
$33 |
N/A |
|
EPS |
$0.34 |
($0.79) |
$0.52 |
N/A |
|
Diluted Shares |
-- |
63 |
63 |
0.4% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2006 |
Q3 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
26.63% |
44.77% |
(18.14) |
|
Operating Margin |
(7.94%) |
19.18% |
(27.12) |
|
Net Margin |
(26.93%) |
13.50% |
(40.43) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$135 |
$74 |
82.0% |
|
Accounts Rec. |
$153 |
$220 |
(30.5%) |
|
Inventory |
$154 |
$212 |
(27.1%) |
|
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$84 |
$121 |
(30.4%) |
|
Long-Term Debt |
$0 |
$0 |
N/A |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
YTD 2006 |
YTD 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$72 |
($21) |
N/A |
|
Capital Expenditures |
$12 |
$10 |
28.6% |
|
Free Cash Flow |
$60 |
($30) |
N/A |
Find out why Fools always follow the money.
Related Companies:
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RC2
(NASDAQ:RCRC) -
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(NASDAQ:JAKK) -
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(NYSE:RUS) -
Mattel
(NYSE:MAT)
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.
