| Address:
|
2828 N. HARWOOD
SUITE 1300 |
| City: |
DALLAS |
|
State: |
TX |
|
Zip Code: |
75201 |
| Telephone: |
214-871-3555 |
|
Description of Business
|
Primary SIC Code:
2911 |
| (As filed with the SEC)
|
|
|
References herein to Holly Corporation include Holly Corporation and its
consolidated subsidiaries. In accordance with the Securities and Exchange
Commission's ("SEC") "Plain English" guidelines, this Annual Report on Form 10-K
has been written in the first person. In this document, the words "we," "our,"
"ours" and "us" refer only to Holly Corporation and its consolidated
subsidiaries or to Holly Corporation or an individual subsidiary and not to any
other person. For periods after our reconsolidation of Holly Energy Partners,
L.P. ("HEP") effective March 1, 2008, the words "we," "our," "ours" and "us"
generally include HEP and its subsidiaries as consolidated subsidiaries of Holly
Corporation with certain exceptions where there are transactions or obligations
between HEP and Holly Corporation or its other subsidiaries. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 03/2011 | 4.05 | 0.150 | 15.00 | | 12/2010 | 1.94 | 0.150 | 21.02 | | 09/2010 | 0.80 | 0.150 | 35.94 | | 06/2010 | 0.30 | 0.150 | 88.60 | | 03/2010 | -0.66 | 0.150 | N/E | | 12/2009 | 0.30 | 0.150 | 85.43 | | 09/2009 | 2.19 | 0.150 | 11.70 | | 06/2009 | 2.72 | 0.150 | 6.61 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | -0.22 | Total Liab/Total Assets | 0.81 | | Net Inc/Total Assets | 0.03 | Total Liab/Inv Cap | 1.30 | | Net Inc/Inv Cap | 0.04 | Total Liab/Comm Equity | -6.22 | | Pretax Inc/Net Sales | 0.02 | Interest Coverage Ratio | 3.59 | | Net Inc/Net Sales | 0.01 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.03 | LTD/Equity | 1.16 | | SG&A/NetSales | 0.07 | Total Debt/Equity | 1.16 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 9.02 | Quick Ratio | 0.94 | | Inventory Turnover | 20.93 | Current Ratio | 1.23 | | Inventory Day Sales | 0.05 | Net Rec/Curr Assets | 0.61 | | Net Sales/Work Cap | 26.54 | Inv/Curr Assets | 0.24 | | Net Sales/PP&E | 4.74 | | |
Income Statement (Millions) |
| |
3/31/2011
|
12/31/2010
|
9/30/2010
|
6/30/2010
|
|
Total Revenues(Net Sales)
|
2,326.59
|
2,211.79
|
2,090.99
|
2,145.86
|
|
Cost of Goods Sold
|
1,984.62
|
1,988.03
|
1,807.04
|
1,848.21
|
|
Selling & Admin Exps
|
151.56
|
145.99
|
147.19
|
136.66
|
|
Operating Income
|
159.10
|
45.96
|
107.62
|
132.16
|
|
Interest Exp
|
16.20
|
18.08
|
17.37
|
21.02
|
|
Pretax Income
|
140.02
|
29.09
|
90.88
|
112.32
|
|
Other Income
|
0.09
|
0.41
|
0.06
|
0.64
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
84.69
|
14.72
|
51.18
|
66.16
|
|
Assets
|
3/31/2011
|
12/31/2010
|
9/30/2010
|
6/30/2010
|
|
Cash & Short Term Investments
|
273.06
|
230.44
|
273.09
|
141.43
|
|
Receivables - Total
|
1,154.30
|
1,044.15
|
718.47
|
762.77
|
|
Inventories - Total
|
473.46
|
400.37
|
414.02
|
421.15
|
|
Total Current Assets
|
1,915.75
|
1,703.44
|
1,475.11
|
1,385.13
|
|
Net Property, Plant & Equipment
|
1,801.55
|
1,756.69
|
1,697.38
|
1,669.65
|
|
Total Assets
|
3,989.76
|
3,701.48
|
3,397.38
|
3,283.58
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
1,575.24
|
1,389.86
|
1,113.35
|
1,065.50
|
|
Debt in Current Liabilities
|
NA
|
NA
|
157.00
|
NA
|
|
Total Current Liabilities
|
1,575.24
|
1,389.86
|
1,270.35
|
1,065.50
|
|
Long-Term Debt
|
834.21
|
810.56
|
650.91
|
805.34
|
|
Total Liabilities
|
3,215.97
|
3,004.06
|
2,710.25
|
2,640.70
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
594.16
|
590.72
|
578.35
|
577.87
|
|
Preferred Stock
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Common Stock
|
0.76
|
0.76
|
0.76
|
0.76
|
|
Retained Earnings
|
1,283.02
|
1,206.33
|
1,199.61
|
1,156.43
|
|
Treasury Stock
|
-677.25
|
-677.80
|
-677.91
|
-678.09
|
|
Total Stockholders' Equity
|
773.79
|
697.42
|
687.13
|
642.88
|
|
Total Liabilities and Stockholders' Equity
|
3,989.76
|
3,701.48
|
3,397.38
|
3,283.58
|
Cash Flow Summary (Millions) |
|
Categories
|
3/31/2011
|
12/31/2010
|
9/30/2010
|
6/30/2010
|
|
Net Cash Provided by Operating Activities
|
130.54
|
47.29
|
197.62
|
128.37
|
|
Net Cash Provided by Investing Activities
|
-141.05
|
-85.29
|
-51.41
|
-45.43
|
|
Net Cash Provided by Financing Activities
|
5.52
|
-4.81
|
-14.51
|
-36.02
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 4,023.22 | 266.57 | 4.24 | | 12/2007 | 4,791.74 | 334.13 | 5.98 | | 12/2008 | 5,867.67 | 120.56 | 2.38 | | 12/2009 | 4,834.27 | 19.53 | 0.30 | | 12/2010 | 8,322.93 | 103.96 | 1.94 | | Growth Rates | 19.93 | -20.97 | -17.76 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 03/31/11 | 257 | 48,793 | 91.58 |
|
Report Date :
6/27/2011
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2011, EDGAR Online, Inc. All
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