Smart Balance, Inc. · Paramus, NJ United States (NASDAQ: SMBL)
Key Smart Balance, Inc. Financials
| Company Type | Public -(NASDAQ: SMBL) Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2009 Sales (mil.) | $239.5 |
| 2010 Employees | 69 |
Smart Balance, Inc. Income Statement
| Dec 09 | Dec 08 | Dec 07 | |
| Revenue | 239.5 | 221.9 | 111.0 |
| Cost of Goods Sold | 124.0 | 126.9 | 58.7 |
| Gross Profit | 115.5 | 95.0 | 52.3 |
| Gross Profit Margin | 48.2% | 42.8% | 47.1% |
| SG&A Expense | 103.7 | 89.3 | 63.8 |
| Depreciation & Amortization | 4.9 | 6.3 | 4.0 |
| Operating Income | 11.8 | 5.7 | (11.4) |
| Operating Margin | 4.9% | 2.6% | -10.3% |
| Nonoperating Income | (3.3) | (7.5) | (46.6) |
| Nonoperating Expenses | (3.7) | -- | -- |
| Income Before Taxes | 4.8 | (10.5) | (65.3) |
| Income Taxes | 1.4 | (3.6) | (0.7) |
| Net Income After Taxes | 3.5 | (7.0) | (64.5) |
| Continuing Operations | 3.5 | (7.0) | (64.5) |
| Discontinued Operations | -- | -- | -- |
| Total Operations | 3.5 | (7.0) | (64.5) |
| Total Net Income | 3.5 | (7.0) | (64.5) |
| Net Profit Margin | 1.4% | -3.1% | -58.1% |
| Diluted EPS from Total Net Income | 0.06 | (0.11) | (4.12) |
| Dividends per Share | -- | -- | -- |
All amounts in millions of US Dollars except per share amounts.
Smart Balance, Inc. Balance Sheet
| Assets | Dec 09 | Dec 08 | Dec 07 |
| Current Assets | |||
| Cash | 7.5 | 5.5 | 37.6 |
| Net Receivables | 13.8 | 15.0 | 12.5 |
| Inventories | 5.8 | 9.3 | 7.2 |
| Other Current Assets | 4.3 | 2.4 | 9.1 |
| Total Current Assets | 31.4 | 32.2 | 66.4 |
| Net Fixed Assets | 4.6 | 4.3 | 1.8 |
| Other Noncurrent Assets | 529.1 | 532.1 | 538.1 |
| Total Assets | 565.1 | 568.5 | 606.4 |
| Liabilities | Dec 09 | Dec 08 | Dec 07 |
| Current Liabilities | |||
| Accounts Payable | 8.4 | 17.0 | 17.9 |
| Short-Term Debt | 5.5 | -- | -- |
| Other Current Liabilities | 14.3 | 9.0 | 3.5 |
| Total Current Liabilities | 28.1 | 26.0 | 21.4 |
| Long-Term Debt | 51.1 | 69.5 | 119.5 |
| Other Noncurrent Liabilities | 44.8 | 51.6 | 53.3 |
| Total Liabilities | 124.1 | 147.1 | 194.2 |
| Shareholder's Equity | |||
| Preferred Stock Equity | 0.0 | -- | 175.7 |
| Common Stock Equity | 441.0 | 421.5 | 236.5 |
| Total Equity | 441.0 | 421.5 | 412.2 |
| Shares Outstanding (thou.) | 62,630.7 | 62,630.7 | 30,361.2 |
All amounts in millions of US Dollars except per share amounts.
Smart Balance, Inc. Cash Flow Statement
| Dec 09 | Dec 08 | Dec 07 | |
| Net Operating Cash Flow | 18 | 19 | 1 |
| Net Investing Cash Flow | (1.1) | (2.6) | (388.1) |
| Net Financing Cash Flow | (15.1) | (48.7) | 424.4 |
| Net Change in Cash | 2.0 | (32.2) | 37.1 |
| Depreciation & Amortization | 4.9 | 6.3 | 4.0 |
| Capital Expenditures | (1.2) | (2.9) | (2.9) |
| Cash Dividends Paid |
All amounts in millions of US Dollars except per share amounts.