| Address:
|
1919 FLOWERS CIRCLE
|
| City: |
THOMASVILLE |
|
State: |
GA |
|
Zip Code: |
31757 |
| Telephone: |
912-226-9110 |
|
Description of Business
|
Primary SIC Code:
2000 |
| (As filed with the SEC)
|
|
|
The company's predecessor was founded in 1919 when two brothers, William Howard
and Joseph Hampton Flowers, opened Flowers Baking Company in Thomasville, Ga. In
1968, Flowers Baking Company went public, became Flowers Industries, and began
trading over-the-counter stock. Less than a year later, Flowers listed on the
American Stock Exchange. In 1982, the company listed on the New York Stock
Exchange under the symbol FLO. In the mid-1990s, Flowers Industries transformed
itself from a strong regional baker into a national baked foods company with the
acquisition of Keebler Foods Company, one of the largest cookie and cracker
companies in the United States, and Mrs. Smith's, one of the country's
top-selling frozen pie brands. By 1999, Flowers Industries had become a
$4.2 billion national baked foods company with three business units - Flowers
Bakeries, a super-regional fresh baked foods company; Mrs. Smith's Bakeries, a
national frozen baked foods company; and Keebler. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 0.96 | 0.150 | 20.27 | | 06/2011 | 0.96 | 0.150 | 22.96 | | 03/2011 | 0.67 | 0.133 | 27.23 | | 12/2010 | 0.99 | 0.133 | 18.06 | | 09/2010 | 0.99 | 0.133 | 16.78 | | 06/2010 | 0.99 | 0.133 | 16.40 | | 03/2010 | 0.97 | 0.117 | 17.06 | | 12/2009 | 0.94 | 0.117 | 16.85 |
Key Financial Ratios and Statistics |
FYE:
01/01 |
| Profitability |
2011 |
Leverage |
2011 |
| Net Inc/Comm Equity | 0.42 | Total Liab/Total Assets | 0.40 | | Net Inc/Total Assets | 0.10 | Total Liab/Inv Cap | 0.50 | | Net Inc/Inv Cap | 0.13 | Total Liab/Comm Equity | 1.63 | | Pretax Inc/Net Sales | 0.08 | Interest Coverage Ratio | 26.77 | | Net Inc/Net Sales | 0.05 | Curr Debt/Equity | 0.04 | | Cash Flow/Net Sales | 0.12 | LTD/Equity | 0.12 | | SG&A/NetSales | 0.36 | Total Debt/Equity | 0.16 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 14.03 | Quick Ratio | 1.04 | | Inventory Turnover | 22.16 | Current Ratio | 1.29 | | Inventory Day Sales | 0.06 | Net Rec/Curr Assets | 0.53 | | Net Sales/Work Cap | 36.28 | Inv/Curr Assets | 0.19 | | Net Sales/PP&E | 4.17 | | |
Income Statement (Millions) |
| |
10/8/2011
|
7/16/2011
|
4/23/2011
|
1/1/2011
|
|
Total Revenues(Net Sales)
|
675.37
|
642.60
|
801.83
|
573.13
|
|
Cost of Goods Sold
|
365.71
|
341.89
|
412.26
|
297.30
|
|
Selling & Admin Exps
|
239.08
|
236.70
|
300.06
|
210.32
|
|
Operating Income
|
47.76
|
43.11
|
61.52
|
45.83
|
|
Interest Exp
|
2.84
|
2.37
|
2.15
|
1.61
|
|
Pretax Income
|
48.03
|
43.71
|
63.28
|
47.14
|
|
Other Income
|
3.10
|
2.97
|
3.91
|
2.91
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
31.02
|
28.21
|
41.16
|
31.44
|
|
Assets
|
10/8/2011
|
7/16/2011
|
4/23/2011
|
1/1/2011
|
|
Cash & Short Term Investments
|
8.20
|
13.74
|
8.67
|
6.76
|
|
Receivables - Total
|
225.62
|
222.58
|
181.69
|
167.38
|
|
Inventories - Total
|
83.32
|
76.04
|
66.60
|
60.57
|
|
Total Current Assets
|
407.14
|
390.93
|
329.23
|
313.71
|
|
Net Property, Plant & Equipment
|
717.00
|
716.71
|
612.66
|
616.62
|
|
Total Assets
|
1,604.21
|
1,589.68
|
1,335.78
|
1,325.49
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
278.14
|
266.21
|
231.32
|
214.34
|
|
Debt in Current Liabilities
|
33.56
|
31.68
|
29.10
|
28.43
|
|
Total Current Liabilities
|
311.70
|
297.89
|
260.42
|
242.77
|
|
Long-Term Debt
|
305.06
|
287.17
|
90.61
|
98.87
|
|
Total Liabilities
|
811.24
|
791.66
|
537.57
|
529.70
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
0.00
|
|
Preferred Stock
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Common Stock
|
0.20
|
0.20
|
1.02
|
1.02
|
|
Retained Earnings
|
545.27
|
534.59
|
526.77
|
503.69
|
|
Treasury Stock
|
-221.44
|
-213.09
|
-226.93
|
-214.68
|
|
Total Stockholders' Equity
|
792.97
|
798.02
|
798.20
|
795.79
|
|
Total Liabilities and Stockholders' Equity
|
1,604.21
|
1,589.68
|
1,335.78
|
1,325.49
|
Cash Flow Summary (Millions) |
|
Categories
|
10/8/2011
|
7/16/2011
|
4/23/2011
|
1/1/2011
|
|
Net Cash Provided by Operating Activities
|
28.60
|
-6.37
|
72.55
|
77.24
|
|
Net Cash Provided by Investing Activities
|
-21.59
|
-185.39
|
-25.97
|
-24.57
|
|
Net Cash Provided by Financing Activities
|
-12.56
|
196.84
|
-44.67
|
-53.03
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 01/2006 | 1,888.65 | 81.04 | 0.44 | | 01/2007 | 2,036.67 | 94.62 | 0.54 | | 01/2009 | 2,414.89 | 119.23 | 0.85 | | 01/2010 | 2,600.85 | 130.30 | 0.94 | | 01/2011 | 2,573.77 | 137.05 | 0.99 | | Growth Rates | 8.04 | 14.04 | 22.47 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 246 | 93,132 | 68.50 |
|
Report Date :
2/6/2012
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