Hardinge Inc. · Elmira, NY United States (NASDAQ: HDNG)
Key Hardinge Inc. Financials
| Company Type | Public -(NASDAQ: HDNG) Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | $257.0 |
| 2010 Employees | 1,189 |
Hardinge Inc. Income Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Revenue | 257.0 | 214.1 | 345.0 |
| Cost of Goods Sold | 195.7 | 173.3 | 252.7 |
| Gross Profit | 61.3 | 40.8 | 92.3 |
| Gross Profit Margin | 23.8% | 19.1% | 26.7% |
| SG&A Expense | 65.7 | 68.6 | 97.8 |
| Depreciation & Amortization | 7.0 | 8.5 | 9.4 |
| Operating Income | (2.7) | (29.7) | (29.9) |
| Operating Margin | -1.1% | -13.9% | -8.7% |
| Nonoperating Income | 0.0 | 0.0 | (24.3) |
| Nonoperating Expenses | (0.3) | (1.8) | -- |
| Income Before Taxes | (3.1) | (31.5) | (31.3) |
| Income Taxes | 2.2 | 1.8 | 3.0 |
| Net Income After Taxes | (5.2) | (33.3) | (34.3) |
| Continuing Operations | (5.2) | (33.3) | (34.3) |
| Discontinued Operations | -- | -- | -- |
| Total Operations | (5.2) | (33.3) | (34.3) |
| Total Net Income | (5.2) | (33.3) | (34.3) |
| Net Profit Margin | -2% | -15.6% | -9.9% |
| Diluted EPS from Total Net Income | (0.46) | (2.93) | (3.03) |
| Dividends per Share | 0.02 | 0.03 | 0.16 |
All amounts in millions of US Dollars except per share amounts.
Hardinge Inc. Balance Sheet
| Assets | Dec 10 | Dec 09 | Dec 08 |
| Current Assets | |||
| Cash | 30.9 | 24.6 | 18.4 |
| Net Receivables | 47.6 | 42.3 | 61.1 |
| Inventories | 105.3 | 97.3 | 145.0 |
| Other Current Assets | 18.1 | 10.1 | 11.4 |
| Total Current Assets | 201.9 | 174.3 | 235.9 |
| Net Fixed Assets | 56.6 | 54.7 | 59.6 |
| Other Noncurrent Assets | 16.3 | 13.2 | 14.4 |
| Total Assets | 274.8 | 242.2 | 309.8 |
| Liabilities | Dec 10 | Dec 09 | Dec 08 |
| Current Liabilities | |||
| Accounts Payable | 33.5 | 16.3 | 20.1 |
| Short-Term Debt | 2.3 | 1.9 | 24.5 |
| Other Current Liabilities | 40.6 | 26.5 | 39.6 |
| Total Current Liabilities | 76.4 | 44.8 | 84.2 |
| Long-Term Debt | 2.8 | 3.1 | 3.6 |
| Other Noncurrent Liabilities | 37.8 | 32.8 | 53.9 |
| Total Liabilities | 116.9 | 80.7 | 141.7 |
| Shareholder's Equity | |||
| Preferred Stock Equity | -- | -- | -- |
| Common Stock Equity | 157.9 | 161.5 | 168.1 |
| Total Equity | 157.9 | 161.5 | 168.1 |
| Shares Outstanding (thou.) | 11,607.3 | 11,533.8 | 11,433.2 |
All amounts in millions of US Dollars except per share amounts.
Hardinge Inc. Cash Flow Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Net Operating Cash Flow | 17 | 33 | 10 |
| Net Investing Cash Flow | (7.8) | (3.2) | (4.8) |
| Net Financing Cash Flow | (0.8) | (24.3) | (2.1) |
| Net Change in Cash | 10.5 | 6.2 | 2.4 |
| Depreciation & Amortization | 7.0 | 8.5 | 9.4 |
| Capital Expenditures | (6.3) | (3.2) | (4.9) |
| Cash Dividends Paid | (0.2) | (0.3) | (1.8) |
All amounts in millions of US Dollars except per share amounts.