STEC, Inc. · Santa Ana, CA United States (NASDAQ: STEC)
Key STEC, Inc. Financials
| Company Type | Public -(NASDAQ: STEC) Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | $280.1 |
| 2010 Employees | 809 |
STEC, Inc. Income Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Revenue | 280.1 | 354.2 | 227.4 |
| Cost of Goods Sold | 158.4 | 185.2 | 156.4 |
| Gross Profit | 121.7 | 168.9 | 71.1 |
| Gross Profit Margin | 43.4% | 47.7% | 31.3% |
| SG&A Expense | 48.0 | 48.9 | 44.5 |
| Depreciation & Amortization | 12.3 | 12.2 | 9.2 |
| Operating Income | 28.6 | 89.2 | 5.5 |
| Operating Margin | 10.2% | 25.2% | 2.4% |
| Nonoperating Income | 2.6 | 0.6 | 1.3 |
| Nonoperating Expenses | -- | -- | -- |
| Income Before Taxes | 31.1 | 89.8 | 6.9 |
| Income Taxes | 2.4 | 18.2 | 2.7 |
| Net Income After Taxes | 28.7 | 71.5 | 4.2 |
| Continuing Operations | 28.7 | 71.5 | 4.2 |
| Discontinued Operations | (0.2) | 1.1 | 0.1 |
| Total Operations | 28.5 | 72.6 | 4.3 |
| Total Net Income | 28.5 | 72.6 | 4.3 |
| Net Profit Margin | 10.2% | 20.5% | 1.9% |
| Diluted EPS from Total Net Income | 0.55 | 1.43 | 0.08 |
| Dividends per Share | -- | -- | -- |
All amounts in millions of US Dollars except per share amounts.
STEC, Inc. Balance Sheet
| Assets | Dec 10 | Dec 09 | Dec 08 |
| Current Assets | |||
| Cash | 170.5 | 135.7 | 33.4 |
| Net Receivables | 47.8 | 78.4 | 43.5 |
| Inventories | 89.0 | 42.7 | 64.0 |
| Other Current Assets | 4.6 | 12.8 | 9.6 |
| Total Current Assets | 311.9 | 269.6 | 150.4 |
| Net Fixed Assets | 35.0 | 39.9 | 47.0 |
| Other Noncurrent Assets | 18.8 | 16.0 | 8.4 |
| Total Assets | 365.7 | 325.6 | 205.9 |
| Liabilities | Dec 10 | Dec 09 | Dec 08 |
| Current Liabilities | |||
| Accounts Payable | 25.8 | 29.9 | 13.1 |
| Short-Term Debt | -- | -- | -- |
| Other Current Liabilities | 13.5 | 14.1 | 9.8 |
| Total Current Liabilities | 39.2 | 44.0 | 22.9 |
| Long-Term Debt | -- | -- | -- |
| Other Noncurrent Liabilities | 4.2 | 3.0 | 1.4 |
| Total Liabilities | 43.5 | 47.0 | 24.3 |
| Shareholder's Equity | |||
| Preferred Stock Equity | 0.0 | 0.0 | -- |
| Common Stock Equity | 322.2 | 278.6 | 181.6 |
| Total Equity | 322.2 | 278.6 | 181.6 |
| Shares Outstanding (thou.) | 51,046.0 | 50,284.4 | 50,135.2 |
All amounts in millions of US Dollars except per share amounts.
STEC, Inc. Cash Flow Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Net Operating Cash Flow | 25 | 100 | (31) |
| Net Investing Cash Flow | 3.9 | (16.8) | (18.9) |
| Net Financing Cash Flow | 5.9 | 19.3 | (10.7) |
| Net Change in Cash | 34.8 | 102.3 | (60.9) |
| Depreciation & Amortization | 12.3 | 12.2 | 9.2 |
| Capital Expenditures | (6.4) | (7.4) | (19.2) |
| Cash Dividends Paid |
All amounts in millions of US Dollars except per share amounts.