| Address:
|
4129 N PORT WASHINGTON AVE
|
| City: |
MILWAUKEE |
|
State: |
WI |
|
Zip Code: |
53212 |
| Telephone: |
414-964-5000 |
|
Description of Business
|
Primary SIC Code:
3651 |
| (As filed with the SEC)
|
|
|
As used herein, the term "Company" means Koss Corporation and its consolidated
wholly-owned subsidiary, Koss Classics Ltd. ("Koss Classics"), unless the
context otherwise requires. The Company was incorporated in Delaware in 1971.
The Company operates in the audio/video industry segment of the home
entertainment industry through its design, manufacture and sale of stereo
headphones and related accessory products. The Company reports its results as a
single reporting segment, as the Company's principal business line is the
design, manufacture and sale of stereo headphones and related accessories.
The Company's products are sold through national retailers, international
distributors, audio specialty stores, the internet, direct mail catalogs,
regional department store chains, discount department stores, military exchanges
and prisons under the "Koss" name. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 12/2011 | 0.48 | 0.060 | 10.42 | | 09/2011 | 0.55 | 0.060 | 10.71 | | 06/2011 | 0.59 | 0.060 | 10.51 | | 03/2011 | 0.30 | 0.060 | 24.70 | | 12/2010 | 0.25 | 0.060 | 20.00 | | 09/2010 | -0.18 | 0.060 | N/E | | 06/2010 | -0.48 | 0.060 | N/E | | 03/2010 | -0.57 | 0.060 | N/E |
Key Financial Ratios and Statistics |
FYE:
06/30 |
| Profitability |
2011 |
Leverage |
2011 |
| Net Inc/Comm Equity | 2.00 | Total Liab/Total Assets | 0.44 | | Net Inc/Total Assets | 0.16 | Total Liab/Inv Cap | 0.61 | | Net Inc/Inv Cap | 0.22 | Total Liab/Comm Equity | 5.48 | | Pretax Inc/Net Sales | 0.15 | Interest Coverage Ratio | NA | | Net Inc/Net Sales | 0.11 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.10 | LTD/Equity | 0.10 | | SG&A/NetSales | 0.26 | Total Debt/Equity | 0.10 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 6.11 | Quick Ratio | 1.01 | | Inventory Turnover | 3.02 | Current Ratio | 2.03 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.47 | | Net Sales/Work Cap | 5.23 | Inv/Curr Assets | 0.50 | | Net Sales/PP&E | 13.46 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
8.75
|
10.27
|
8.42
|
12.80
|
|
Cost of Goods Sold
|
5.43
|
6.37
|
5.03
|
7.59
|
|
Selling & Admin Exps
|
2.83
|
2.11
|
2.33
|
2.79
|
|
Operating Income
|
0.49
|
1.78
|
1.06
|
2.42
|
|
Interest Exp
|
0.04
|
-0.32
|
0.11
|
0.11
|
|
Pretax Income
|
0.45
|
2.15
|
0.97
|
2.31
|
|
Other Income
|
0.00
|
-0.00
|
0.01
|
0.00
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
0.28
|
1.79
|
0.64
|
1.38
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
0.23
|
0.16
|
0.13
|
0.21
|
|
Receivables - Total
|
6.54
|
7.30
|
6.00
|
6.12
|
|
Inventories - Total
|
8.71
|
7.87
|
9.68
|
9.03
|
|
Total Current Assets
|
16.11
|
15.62
|
16.17
|
15.75
|
|
Net Property, Plant & Equipment
|
3.34
|
3.08
|
2.70
|
2.43
|
|
Total Assets
|
28.55
|
27.41
|
27.57
|
26.97
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
6.72
|
7.68
|
7.46
|
8.33
|
|
Debt in Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Liabilities
|
6.72
|
7.68
|
7.46
|
8.33
|
|
Long-Term Debt
|
3.63
|
1.53
|
3.73
|
2.63
|
|
Total Liabilities
|
13.14
|
11.96
|
13.79
|
13.49
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
0.04
|
0.04
|
0.04
|
0.04
|
|
Retained Earnings
|
13.10
|
13.26
|
11.92
|
11.72
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
15.41
|
15.45
|
13.78
|
13.47
|
|
Total Liabilities and Stockholders' Equity
|
28.55
|
27.41
|
27.57
|
26.97
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
-0.61
|
3.44
|
-0.05
|
2.02
|
|
Net Cash Provided by Investing Activities
|
-0.98
|
-0.77
|
-0.64
|
-0.45
|
|
Net Cash Provided by Financing Activities
|
1.66
|
-2.64
|
0.60
|
-1.52
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 06/2007 | 46.20 | 5.16 | 0.69 | | 06/2008 | 46.94 | 4.49 | 0.61 | | 06/2009 | 41.72 | -0.26 | 0.27 | | 06/2010 | 40.60 | -3.57 | -0.48 | | 06/2011 | 41.52 | 4.37 | 0.59 | | Growth Rates | -2.64 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 18 | 852 | 11.55 |
|
Report Date :
2/6/2012
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