Company Information

Learn More About XBRL  

Address: ONE ALBION RD  
City: LINCOLN 
State: RI 
Zip Code: 02865 
Telephone: 401-333-1200 


Description of Business


Primary SIC Code: 3950
(As filed with the SEC)  

The A.T. Cross Company has two reportable segments: Cross Accessory Division ("CAD"), and Cross Optical Group ("COG"). For certain financial information with respect to these segments, see Note K to the Company's consolidated financial statements included in Item 8 of this Annual Report on Form 10-K. Cross Accessory Division We manufacture and market fine quality writing instruments under the Cross® brand consisting of ball-point pens, fountain pens, selectip® rolling ball pens and mechanical pencils. We also manufacture and market a variety of refills for most of our product types. In addition to Cross branded writing instruments, we design and market writing instruments sold under the Penatia® brand and under the licensed name of Bill Blass®. The Company is an original equipment manufacturer ("OEM") of writing instruments.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/2009-0.07NAN/E
12/20080.03NA92.67
09/20080.48NA14.06
06/20080.52NA16.02
03/20080.46NA14.89
12/20070.43NA23.21
09/20070.40NA27.62
06/20070.27NA43.33

Key Financial Ratios and Statistics

FYE: 01/03

Profitability 2009 Leverage 2009
Net Inc/Comm Equity0.04Total Liab/Total Assets0.49
Net Inc/Total Assets0.00Total Liab/Inv Cap0.59
Net Inc/Inv Cap0.00Total Liab/Comm Equity5.52
Pretax Inc/Net Sales0.02Interest Coverage Ratio3.94
Net Inc/Net Sales0.00Curr Debt/EquityNA
Cash Flow/Net Sales0.09LTD/Equity0.29
SG&A/NetSales0.48Total Debt/Equity0.29
Asset Utilization   Liquidity  
Net Receivables Turnover4.57Quick Ratio2.42
Inventory Turnover2.43Current Ratio3.45
Inventory Day Sales0.01Net Rec/Curr Assets0.38
Net Sales/Work Cap2.55Inv/Curr Assets0.30
Net Sales/PP&E10.26  

Income Statement (Millions)

  4/4/2009 1/3/2009 9/27/2008 6/28/2008
Total Revenues(Net Sales) 30.84 41.71 38.97 43.21
Cost of Goods Sold 14.08 18.97 16.74 18.84
Selling & Admin Exps 18.17 18.99 18.94 20.53
Operating Income -2.09 -3.13 2.47 3.20
Interest Exp 0.26 0.12 0.32 0.46
Pretax Income -2.68 -3.30 2.22 2.88
Other Income -0.34 -0.05 0.07 0.14
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -0.95 -3.74 1.76 1.87

Balance Sheet (Millions)

Assets 4/4/2009 1/3/2009 9/27/2008 6/28/2008
Cash & Short Term Investments 16.72 19.82 13.96 14.42
Receivables - Total 27.30 33.44 33.61 35.51
Inventories - Total 31.19 26.43 32.28 31.08
Total Current Assets 84.05 88.53 88.59 89.15
Net Property, Plant & Equipment 15.38 15.61 16.95 17.35
Total Assets 139.12 143.96 144.99 145.82
Liabilities        
Accounts Payable 21.25 22.22 21.09 22.55
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 23.53 25.67 23.52 24.85
Long-Term Debt 21.72 21.72 21.72 21.72
Total Liabilities 66.64 70.30 57.64 59.84
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 19.43 19.41 19.40 19.40
Retained Earnings 71.94 72.89 76.63 74.87
Treasury Stock -30.02 -28.11 -27.12 -27.08
Total Stockholders' Equity 72.48 73.66 87.35 85.98
Total Liabilities and Stockholders' Equity 139.12 143.96 144.99 145.82

Cash Flow Summary (Millions)

Categories 4/4/2009 1/3/2009 9/27/2008 6/28/2008
Net Cash Provided by Operating Activities -1.14 9.61 1.07 0.60
Net Cash Provided by Investing Activities -2.72 -3.12 -1.22 -1.08
Net Cash Provided by Financing Activities -0.54 -0.99 -0.03 -0.49

Annual Summary Data (Millions)

Year Sales Net Income EPS
01/2005129.48-0.86-0.06
01/2005129.110.38-0.06
01/2006139.343.290.00
01/2007151.886.730.22
01/2009160.150.490.03
Growth Rates5.46----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional03/31/09285,57241.74




Report Date : 6/23/2009

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