| Address:
|
ONE APPLIED PLAZA
|
| City: |
CLEVELAND |
|
State: |
OH |
|
Zip Code: |
44115-5056 |
| Telephone: |
216-426-4753 |
|
Description of Business
|
Primary SIC Code:
5080 |
| (As filed with the SEC)
|
|
|
In this annual report on Form 10-K, "Applied" refers to Applied Industrial
Technologies, Inc., an Ohio corporation. References to "we," "us," "our," and
"the company" refer to Applied and its subsidiaries.
Applied is one of the leading industrial distributors in North America,
supplying customers in a wide range of industries with products including
bearings, power transmission components, fluid power components and systems,
industrial rubber products, linear motion components, tools, safety products,
and general maintenance and mill supply products. We also provide customized
fluid power, mechanical, and rubber shop services, as well as storeroom
management services and maintenance training.
Customers use our products primarily to maintain and to repair their
machinery and equipment. We also sell for original equipment manufacturing uses. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 12/2011 | 2.38 | 0.210 | 14.78 | | 09/2011 | 2.37 | 0.190 | 11.46 | | 06/2011 | 2.24 | 0.190 | 15.90 | | 03/2011 | 2.23 | 0.190 | 14.91 | | 12/2010 | 2.00 | 0.170 | 16.24 | | 09/2010 | 1.76 | 0.170 | 17.39 | | 06/2010 | 1.54 | 0.170 | 16.44 | | 03/2010 | 0.71 | 0.150 | 35.00 |
Key Financial Ratios and Statistics |
FYE:
06/30 |
| Profitability |
2011 |
Leverage |
2011 |
| Net Inc/Comm Equity | -2.42 | Total Liab/Total Assets | 0.31 | | Net Inc/Total Assets | 0.11 | Total Liab/Inv Cap | 0.40 | | Net Inc/Inv Cap | 0.14 | Total Liab/Comm Equity | -7.05 | | Pretax Inc/Net Sales | 0.07 | Interest Coverage Ratio | 74.47 | | Net Inc/Net Sales | 0.04 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.03 | LTD/Equity | NA | | SG&A/NetSales | 0.21 | Total Debt/Equity | NA |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 8.24 | Quick Ratio | 1.93 | | Inventory Turnover | 8.48 | Current Ratio | 2.88 | | Inventory Day Sales | 0.02 | Net Rec/Curr Assets | 0.47 | | Net Sales/Work Cap | 5.47 | Inv/Curr Assets | 0.33 | | Net Sales/PP&E | 32.06 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
579.57
|
589.86
|
565.97
|
529.52
|
|
Cost of Goods Sold
|
420.87
|
420.72
|
409.40
|
385.24
|
|
Selling & Admin Exps
|
115.44
|
124.53
|
118.37
|
111.23
|
|
Operating Income
|
43.27
|
44.62
|
38.20
|
33.06
|
|
Interest Exp
|
NA
|
2.08
|
NA
|
NA
|
|
Pretax Income
|
41.29
|
44.97
|
40.79
|
33.02
|
|
Other Income
|
-1.93
|
0.80
|
2.65
|
0.42
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
26.38
|
28.28
|
26.54
|
21.19
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
73.22
|
91.09
|
88.56
|
53.92
|
|
Receivables - Total
|
289.45
|
290.75
|
280.71
|
250.67
|
|
Inventories - Total
|
215.01
|
204.07
|
196.43
|
194.99
|
|
Total Current Assets
|
605.21
|
618.91
|
592.48
|
528.97
|
|
Net Property, Plant & Equipment
|
73.08
|
69.01
|
67.95
|
67.36
|
|
Total Assets
|
900.23
|
914.93
|
891.86
|
829.63
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
154.37
|
173.92
|
165.15
|
129.09
|
|
Debt in Current Liabilities
|
NA
|
0.00
|
0.00
|
0.00
|
|
Total Current Liabilities
|
206.95
|
214.69
|
208.64
|
172.14
|
|
Long-Term Debt
|
NA
|
NA
|
NA
|
NA
|
|
Total Liabilities
|
267.41
|
281.37
|
278.66
|
240.39
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
10.00
|
10.00
|
10.00
|
10.00
|
|
Retained Earnings
|
686.69
|
668.42
|
648.23
|
628.91
|
|
Treasury Stock
|
-216.19
|
-198.22
|
-196.48
|
-192.60
|
|
Total Stockholders' Equity
|
632.81
|
633.56
|
613.20
|
589.24
|
|
Total Liabilities and Stockholders' Equity
|
900.23
|
914.93
|
891.86
|
829.63
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
16.40
|
12.86
|
44.02
|
15.45
|
|
Net Cash Provided by Investing Activities
|
-7.75
|
-6.50
|
0.04
|
-12.89
|
|
Net Cash Provided by Financing Activities
|
-26.04
|
-4.36
|
-11.11
|
-44.39
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 06/2007 | 2,014.11 | 86.02 | 1.93 | | 06/2008 | 2,089.46 | 95.46 | 2.19 | | 06/2009 | 1,923.15 | 42.26 | 0.99 | | 06/2010 | 1,893.21 | 65.90 | 1.54 | | 06/2011 | 2,212.85 | 96.76 | 2.24 | | Growth Rates | 2.38 | 2.98 | 3.79 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 180 | 36,441 | 86.81 |
|
Report Date :
1/30/2012
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