| Address:
|
7272 PINEMONT DRIVE
|
| City: |
HOUSTON |
|
State: |
TX |
|
Zip Code: |
77040 |
| Telephone: |
713-996-4700 |
|
Description of Business
|
Primary SIC Code:
5084 |
| (As filed with the SEC)
|
|
|
DXP was incorporated in Texas in 1996 to be the successor to a company founded
in 1908. Since our predecessor company was founded, we have primarily been
engaged in the business of distributing maintenance, repair and operating
("MRO") products, equipment and service to industrial customers. We are
organized into three segments: Service Centers, Innovative Pumping Solutions and
Supply Chain Services. This is a change from prior years when we were organized
into only two segments. We believe this reorganization better reflects how we
manage our current business. Prior year's financial information has been
restated throughout to match the new segmentation. Sales and operating income
for 2008, 2009 and 2010, and identifiable assets at the close of such years for
our business segments are presented in Note 14 of the Notes to the Consolidated
Financial Statements. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 1.86 | NA | 10.12 | | 06/2011 | 1.67 | NA | 15.18 | | 03/2011 | 1.48 | NA | 15.59 | | 12/2010 | 1.32 | NA | 18.18 | | 09/2010 | -2.88 | NA | N/E | | 06/2010 | -3.05 | NA | N/E | | 03/2010 | -3.21 | NA | N/E | | 12/2009 | -3.24 | NA | N/E |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.27 | Total Liab/Total Assets | 0.61 | | Net Inc/Total Assets | 0.06 | Total Liab/Inv Cap | 0.91 | | Net Inc/Inv Cap | 0.09 | Total Liab/Comm Equity | 2.70 | | Pretax Inc/Net Sales | 0.05 | Interest Coverage Ratio | 7.17 | | Net Inc/Net Sales | 0.03 | Curr Debt/Equity | 0.09 | | Cash Flow/Net Sales | 0.04 | LTD/Equity | 0.83 | | SG&A/NetSales | 0.23 | Total Debt/Equity | 0.92 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 6.86 | Quick Ratio | 1.18 | | Inventory Turnover | 6.30 | Current Ratio | 2.00 | | Inventory Day Sales | 0.02 | Net Rec/Curr Assets | 0.57 | | Net Sales/Work Cap | 7.10 | Inv/Curr Assets | 0.41 | | Net Sales/PP&E | 43.99 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
207.86
|
197.68
|
183.09
|
169.67
|
|
Cost of Goods Sold
|
148.38
|
140.41
|
130.66
|
120.02
|
|
Selling & Admin Exps
|
45.04
|
43.63
|
40.89
|
38.59
|
|
Operating Income
|
14.44
|
13.63
|
11.54
|
11.06
|
|
Interest Exp
|
0.76
|
1.02
|
1.02
|
1.19
|
|
Pretax Income
|
13.68
|
12.62
|
10.54
|
9.88
|
|
Other Income
|
0.00
|
0.02
|
0.02
|
0.01
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
8.27
|
7.61
|
6.34
|
5.86
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
1.69
|
1.14
|
3.35
|
0.77
|
|
Receivables - Total
|
125.31
|
118.76
|
114.83
|
106.10
|
|
Inventories - Total
|
79.11
|
77.66
|
79.08
|
75.89
|
|
Total Current Assets
|
209.16
|
200.68
|
200.47
|
185.31
|
|
Net Property, Plant & Equipment
|
15.67
|
15.81
|
14.61
|
14.92
|
|
Total Assets
|
341.03
|
334.66
|
334.19
|
320.62
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
93.22
|
94.71
|
93.55
|
81.95
|
|
Debt in Current Liabilities
|
0.69
|
10.76
|
10.93
|
10.93
|
|
Total Current Liabilities
|
93.91
|
105.47
|
104.48
|
92.88
|
|
Long-Term Debt
|
100.90
|
90.47
|
98.90
|
103.62
|
|
Total Liabilities
|
194.82
|
195.94
|
203.38
|
196.50
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
0.00
|
0.00
|
0.02
|
0.02
|
|
Common Stock
|
0.14
|
0.14
|
0.14
|
0.14
|
|
Retained Earnings
|
73.51
|
65.26
|
57.67
|
51.35
|
|
Treasury Stock
|
-1.17
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
146.21
|
138.72
|
130.81
|
124.12
|
|
Total Liabilities and Stockholders' Equity
|
341.03
|
334.66
|
334.19
|
320.62
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
2.12
|
8.55
|
7.72
|
5.25
|
|
Net Cash Provided by Investing Activities
|
-0.85
|
-2.14
|
-0.49
|
-7.71
|
|
Net Cash Provided by Financing Activities
|
-0.73
|
-8.61
|
-4.66
|
2.02
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 279.82 | 11.92 | 1.04 | | 12/2007 | 444.55 | 17.35 | 1.36 | | 12/2008 | 736.88 | 25.89 | 1.89 | | 12/2009 | 583.23 | -42.41 | -3.24 | | 12/2010 | 656.20 | 19.38 | 1.32 | | Growth Rates | 23.75 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 113 | 9,079 | 64.41 |
|
Report Date :
2/6/2012
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