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STRATTEC SECURITY CORP (STRT)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJul-03-22Jun-27-21Jun-28-20Jun-30-19Jul-01-18Jul-02-17Jul-03-16Jun-28-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Non Us  122.3130.3114.4160.8157.9   
    Other  330.0355.0270.9326.2281.3   
Total revenues   [+]452.3485.3385.3487.0439.2417.3401.4411.5
            Revenue growth   [+]-6.8%26.0%-20.9%10.9%5.2%4.0%-2.4%18.1%
Cost of goods sold  396.2406.6349.9429.2384.8356.4335.7338.8
Gross profit  56.078.735.457.854.461.065.772.7
            Gross margin  12.4%16.2%9.2%11.9%12.4%14.6%16.4%17.7%
Selling, general and administrative  47.144.744.147.241.246.143.541.5
Equity in earnings  0.22.6-0.22.84.50.7-2.2-0.8
Other operating expenses     31.9    
EBITDA   [+]28.556.310.5-1.332.426.930.139.2
            EBITDA margin  6.3%11.6%2.7%-0.3%7.4%6.5%7.5%9.5%
Depreciation  19.419.819.317.214.611.310.08.7
EBITA  9.136.5-8.9-18.517.815.620.030.4
            EBITA margin  2.0%7.5%-2.3%-3.8%4.1%3.7%5.0%7.4%
Amortization of intangibles       0.10.10.1
EBIT   [+]9.136.5-8.9-18.517.815.519.930.3
            EBIT margin  2.0%7.5%-2.3%-3.8%4.1%3.7%5.0%7.4%
Non-recurring items   [+]   -31.9    
Interest expense, net   [+]0.20.30.91.61.10.30.2-0.1
Other income (expense), net  0.4-1.21.7-32.21.01.2-0.63.5
Pre-tax income  9.335.0-8.1-20.417.716.419.233.9
Income taxes  0.45.1-2.3-7.72.14.35.19.4
            Tax rate  4.5%14.6%27.9%37.9%11.7%26.1%26.4%27.6%
Minority interest  1.87.41.74.33.34.95.03.9
Net income  7.022.5-7.6-17.012.37.29.120.7
            Net margin  1.6%4.6%-2.0%-3.5%2.8%1.7%2.3%5.0%
   
Basic EPS   [+]$1.82$5.95($2.04)($4.63)$3.39$2.01$2.57$5.88
Diluted EPS   [+]$1.80$5.85($2.04)($4.63)$3.32$1.96$2.53$5.73
   
Dividends per share   [+]  $0.42$0.56$0.56$0.56$0.52$0.48
   
Shares outstanding (basic)   [+]3.93.83.73.73.63.63.63.5
Shares outstanding (diluted)   [+]3.93.93.73.73.73.73.63.6
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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