West Marine, Inc. · Watsonville, CA United States (NASDAQ: WMAR)
Key West Marine, Inc. Financials
| Company Type | Public -(NASDAQ: WMAR) Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2001 Sales (mil.) | $512.9 |
| 2010 Employees | 3,927 |
West Marine, Inc. Income Statement
| Dec 01 | Dec 00 | Dec 99 | |
| Revenue | 512.9 | 508.4 | 486.5 |
| Cost of Goods Sold | 363.6 | 356.0 | 342.1 |
| Gross Profit | 149.3 | 152.3 | 144.4 |
| Gross Profit Margin | 29.1% | 30% | 29.7% |
| SG&A Expense | 121.3 | 118.9 | 109.9 |
| Depreciation & Amortization | 18.4 | 15.2 | 14.1 |
| Operating Income | 28.0 | 18.3 | 20.4 |
| Operating Margin | 5.5% | 3.6% | 4.2% |
| Nonoperating Income | (4.8) | -- | -- |
| Nonoperating Expenses | -- | -- | -- |
| Income Before Taxes | 23.2 | -- | -- |
| Income Taxes | 9.3 | 4.9 | 6.1 |
| Net Income After Taxes | 13.9 | (4.9) | (6.1) |
| Continuing Operations | 13.9 | 7.4 | 8.7 |
| Discontinued Operations | -- | -- | -- |
| Total Operations | 13.9 | 7.4 | 8.7 |
| Total Net Income | 13.9 | 7.4 | 8.7 |
| Net Profit Margin | 2.7% | 1.5% | 1.8% |
| Diluted EPS from Total Net Income | 0.77 | 0.42 | 0.50 |
| Dividends per Share | -- | -- | -- |
All amounts in millions of US Dollars except per share amounts.
West Marine, Inc. Balance Sheet
| Assets | Dec 01 | Dec 00 | Dec 99 |
| Current Assets | |||
| Cash | 1.0 | 2.7 | 3.2 |
| Net Receivables | 6.3 | 5.0 | 5.1 |
| Inventories | 192.7 | 180.6 | 165.8 |
| Other Current Assets | 12.1 | 9.9 | 9.1 |
| Total Current Assets | 212.2 | 198.1 | 183.2 |
| Net Fixed Assets | 73.5 | 73.5 | 66.0 |
| Other Noncurrent Assets | 35.1 | 36.2 | 37.7 |
| Total Assets | 320.8 | 307.8 | 286.9 |
| Liabilities | Dec 01 | Dec 00 | Dec 99 |
| Current Liabilities | |||
| Accounts Payable | 38.8 | 42.3 | 30.8 |
| Short-Term Debt | 8.8 | 8.7 | 8.7 |
| Other Current Liabilities | 20.2 | 17.7 | 13.2 |
| Total Current Liabilities | 67.8 | 68.8 | 52.7 |
| Long-Term Debt | 59.4 | 66.5 | 71.8 |
| Other Noncurrent Liabilities | 5.8 | 4.2 | 2.5 |
| Total Liabilities | 133.0 | 139.5 | 127.0 |
| Shareholder's Equity | |||
| Preferred Stock Equity | -- | -- | -- |
| Common Stock Equity | 187.8 | 168.3 | 159.9 |
| Total Equity | 187.8 | 168.3 | 159.9 |
| Shares Outstanding (thou.) | 17,930.5 | 22,570.3 | 22,260.7 |
All amounts in millions of US Dollars except per share amounts.
West Marine, Inc. Cash Flow Statement
| Dec 01 | Dec 00 | Dec 99 | |
| Net Operating Cash Flow | 18 | 26 | 35 |
| Net Investing Cash Flow | (17.3) | (20.8) | (18.7) |
| Net Financing Cash Flow | (2.4) | (6.1) | (14.5) |
| Net Change in Cash | (1.6) | (0.6) | 2.2 |
| Depreciation & Amortization | 18.4 | 15.2 | 14.1 |
| Capital Expenditures | (17.3) | (20.8) | (18.7) |
| Cash Dividends Paid |
All amounts in millions of US Dollars except per share amounts.