| Address:
|
7400 EXCELSIOR BLVD
|
| City: |
MINNEAPOLIS |
|
State: |
MN |
|
Zip Code: |
55426-4502 |
| Telephone: |
612-930-9000 |
|
Description of Business
|
Primary SIC Code:
5700 |
| (As filed with the SEC)
|
|
|
Appliance Recycling Centers of America, Inc. and Subsidiaries ("we," the
"Company" or "ARCA") are in the business of selling new major household
appliances through a chain of Company-owned factory outlet stores under the name
ApplianceSmart®. We also provide turnkey appliance recycling and replacement
services for electric utilities and other sponsors of energy efficiency
programs. In addition, we have a 50% interest in a joint venture, ARCA Advanced
Processing, LLC ("AAP"), which recycles appliances from a six-state region in
the northeastern United States for General Electric Company ("GE") acting
through its GE Consumer & Industrial business.
We are a leading retailer and recycler of major household appliances and
generate revenues from:
1. Retail sales of appliances at our ApplianceSmart® Factory Outlets.
2. Fees charged for collecting and recycling appliances for utilities and
other sponsors of energy efficiency programs.
3. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 0.82 | NA | 5.46 | | 06/2011 | 0.68 | NA | 6.76 | | 03/2011 | 0.47 | NA | 8.32 | | 12/2010 | 0.37 | NA | 9.19 | | 09/2010 | 0.02 | NA | 155.50 | | 06/2010 | -0.05 | NA | N/E | | 03/2010 | -0.28 | NA | N/E | | 12/2009 | -0.73 | NA | N/E |
Key Financial Ratios and Statistics |
FYE:
01/01 |
| Profitability |
2011 |
Leverage |
2011 |
| Net Inc/Comm Equity | 0.10 | Total Liab/Total Assets | 0.74 | | Net Inc/Total Assets | 0.05 | Total Liab/Inv Cap | 20.41 | | Net Inc/Inv Cap | 1.38 | Total Liab/Comm Equity | 1.50 | | Pretax Inc/Net Sales | 0.03 | Interest Coverage Ratio | NA | | Net Inc/Net Sales | 0.02 | Curr Debt/Equity | 1.42 | | Cash Flow/Net Sales | 0.03 | LTD/Equity | 0.25 | | SG&A/NetSales | 0.28 | Total Debt/Equity | 1.67 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 21.72 | Quick Ratio | 0.36 | | Inventory Turnover | 4.51 | Current Ratio | 1.06 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.20 | | Net Sales/Work Cap | 81.26 | Inv/Curr Assets | 0.66 | | Net Sales/PP&E | 9.21 | | |
Income Statement (Millions) |
| |
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Total Revenues(Net Sales)
|
35.86
|
32.89
|
29.93
|
25.35
|
|
Cost of Goods Sold
|
25.77
|
23.24
|
20.94
|
18.01
|
|
Selling & Admin Exps
|
7.16
|
7.39
|
7.46
|
7.04
|
|
Operating Income
|
2.93
|
2.25
|
1.53
|
0.29
|
|
Interest Exp
|
NA
|
NA
|
NA
|
NA
|
|
Pretax Income
|
2.71
|
1.92
|
1.18
|
0.87
|
|
Other Income
|
0.06
|
-0.05
|
-0.03
|
0.88
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
1.76
|
2.03
|
0.67
|
0.30
|
|
Assets
|
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Cash & Short Term Investments
|
4.70
|
4.48
|
4.21
|
3.07
|
|
Receivables - Total
|
8.88
|
10.08
|
6.92
|
5.03
|
|
Inventories - Total
|
19.03
|
16.35
|
14.60
|
16.59
|
|
Total Current Assets
|
33.88
|
32.14
|
26.74
|
25.21
|
|
Net Property, Plant & Equipment
|
12.61
|
12.47
|
12.33
|
11.75
|
|
Total Assets
|
49.20
|
47.60
|
42.15
|
39.86
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
14.00
|
11.89
|
10.79
|
9.30
|
|
Debt in Current Liabilities
|
9.92
|
11.85
|
9.44
|
14.54
|
|
Total Current Liabilities
|
23.92
|
23.74
|
20.23
|
23.88
|
|
Long-Term Debt
|
7.41
|
7.47
|
7.61
|
2.50
|
|
Total Liabilities
|
34.30
|
34.35
|
31.06
|
29.66
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
2.00
|
2.05
|
2.00
|
1.94
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
20.11
|
19.99
|
19.88
|
19.74
|
|
Retained Earnings
|
-4.80
|
-6.56
|
-8.58
|
-9.26
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
14.90
|
13.24
|
11.09
|
10.21
|
|
Total Liabilities and Stockholders' Equity
|
49.20
|
47.60
|
42.15
|
39.86
|
Cash Flow Summary (Millions) |
|
Categories
|
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Net Cash Provided by Operating Activities
|
2.88
|
-1.88
|
2.25
|
0.29
|
|
Net Cash Provided by Investing Activities
|
-0.21
|
-0.04
|
-0.57
|
-2.61
|
|
Net Cash Provided by Financing Activities
|
-2.22
|
2.17
|
-0.60
|
1.39
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 01/2006 | 77.79 | -1.41 | -0.22 | | 01/2007 | 100.76 | 2.54 | -0.33 | | 01/2009 | 110.97 | 0.36 | 0.41 | | 01/2010 | 101.27 | -3.34 | -0.73 | | 01/2011 | 108.16 | 2.01 | 0.37 | | Growth Rates | 8.59 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 5 | 902 | 16.42 |
|
Report Date :
2/6/2012
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