G&K Services, Inc. · Minnetonka, MN United States (NASDAQ: GKSR)
Key G&K Services, Inc. Financials
| Company Type | Public -(NASDAQ: GKSR) Headquarters |
|---|---|
| Fiscal Year-End | June |
| 2011 Sales (mil.) | $828.9 |
| 2011 Employees | 7,500 |
G&K Services, Inc. Income Statement
| Jun 11 | Jun 10 | Jun 09 | |
| Revenue | 828.9 | 833.6 | 936.0 |
| Cost of Goods Sold | 567.4 | 582.3 | 659.2 |
| Gross Profit | 261.5 | 251.3 | 276.8 |
| Gross Profit Margin | 31.5% | 30.1% | 29.6% |
| SG&A Expense | 196.1 | 191.7 | 226.1 |
| Depreciation & Amortization | 37.6 | 40.2 | 44.3 |
| Operating Income | 65.4 | 59.6 | (76.0) |
| Operating Margin | 7.9% | 7.2% | -8.1% |
| Nonoperating Income | 0.0 | 0.0 | 0.0 |
| Nonoperating Expenses | (10.2) | (13.8) | (14.0) |
| Income Before Taxes | 55.1 | 45.8 | (90.0) |
| Income Taxes | 22.0 | 17.2 | (17.6) |
| Net Income After Taxes | 33.2 | 28.6 | (72.5) |
| Continuing Operations | 33.2 | 28.6 | (72.5) |
| Discontinued Operations | -- | -- | -- |
| Total Operations | 33.2 | 28.6 | (72.5) |
| Total Net Income | 33.2 | 28.6 | (72.5) |
| Net Profit Margin | 4% | 3.4% | -7.7% |
| Diluted EPS from Total Net Income | 1.79 | 1.56 | (3.94) |
| Dividends per Share | 0.38 | 0.30 | 0.28 |
All amounts in millions of US Dollars except per share amounts.
G&K Services, Inc. Balance Sheet
| Assets | Jun 11 | Jun 10 | Jun 09 |
| Current Assets | |||
| Cash | 23.0 | 8.8 | 13.1 |
| Net Receivables | 98.6 | 86.5 | 88.2 |
| Inventories | 163.1 | 126.3 | 135.5 |
| Other Current Assets | 13.6 | 17.5 | 18.2 |
| Total Current Assets | 298.2 | 239.1 | 255.1 |
| Net Fixed Assets | 185.5 | 195.0 | 216.7 |
| Other Noncurrent Assets | 382.2 | 379.7 | 379.4 |
| Total Assets | 865.9 | 813.9 | 851.2 |
| Liabilities | Jun 11 | Jun 10 | Jun 09 |
| Current Liabilities | |||
| Accounts Payable | 38.1 | 25.9 | 29.1 |
| Short-Term Debt | 40.7 | 1.0 | 7.7 |
| Other Current Liabilities | 80.0 | 75.0 | 82.4 |
| Total Current Liabilities | 158.8 | 102.0 | 119.3 |
| Long-Term Debt | 95.2 | 160.4 | 224.8 |
| Other Noncurrent Liabilities | 97.0 | 84.6 | 69.7 |
| Total Liabilities | 351.0 | 347.0 | 413.8 |
| Shareholder's Equity | |||
| Preferred Stock Equity | -- | -- | -- |
| Common Stock Equity | 514.9 | 466.9 | 437.4 |
| Total Equity | 514.9 | 466.9 | 437.4 |
| Shares Outstanding (thou.) | 18,711.0 | 18,567.3 | 18,511.8 |
All amounts in millions of US Dollars except per share amounts.
G&K Services, Inc. Cash Flow Statement
| Jun 11 | Jun 10 | Jun 09 | |
| Net Operating Cash Flow | 67 | 73 | 103 |
| Net Investing Cash Flow | (20.7) | 4.9 | (23.3) |
| Net Financing Cash Flow | (32.3) | (81.8) | (78.3) |
| Net Change in Cash | 14.0 | (4.2) | 1.6 |
| Depreciation & Amortization | 37.6 | 40.2 | 44.3 |
| Capital Expenditures | (20.7) | (16.7) | (23.3) |
| Cash Dividends Paid | (7.1) | (5.6) | (5.2) |
All amounts in millions of US Dollars except per share amounts.