| Address:
|
1666 E TOUHY AVE
|
| City: |
DES PLAINES |
|
State: |
IL |
|
Zip Code: |
60018-3640 |
| Telephone: |
708-827-9666 |
|
Description of Business
|
Primary SIC Code:
5080 |
| (As filed with the SEC)
|
|
|
Lawson Products, Inc. ("Lawson", the "Company", "we", "our", or "us") was
incorporated in Illinois in 1952, and reincorporated in Delaware in 1982. Lawson
is a North American distributor of products and services to the industrial,
commercial, institutional, and governmental maintenance, repair and operations
("MRO") marketplace. The Company also manufactures and distributes production
and specialized component parts to the original equipment marketplace ("OEM")
including the aerospace, off-road equipment, military and oil and gas
exploration industries. In 2010, the Company discontinued operations of two of
its subsidiaries, Assembly Component Systems, Inc. ("ACS") and Rutland Tool &
Supply Company ("Rutland"). Accordingly, references within this Annual Report
consist of continuing operations unless otherwise noted. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 0.12 | 0.120 | 112.67 | | 06/2011 | 1.04 | 0.120 | 18.91 | | 03/2011 | 1.10 | 0.120 | 20.95 | | 12/2010 | 1.12 | 0.120 | 22.22 | | 09/2010 | 0.73 | 0.080 | 20.92 | | 06/2010 | 0.64 | 0.060 | 26.53 | | 03/2010 | 0.66 | 0.060 | 23.44 | | 12/2009 | -0.31 | 0.060 | N/E |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.50 | Total Liab/Total Assets | 0.40 | | Net Inc/Total Assets | 0.03 | Total Liab/Inv Cap | 0.52 | | Net Inc/Inv Cap | 0.04 | Total Liab/Comm Equity | 6.78 | | Pretax Inc/Net Sales | 0.05 | Interest Coverage Ratio | 43.70 | | Net Inc/Net Sales | 0.02 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.04 | LTD/Equity | NA | | SG&A/NetSales | 0.57 | Total Debt/Equity | NA |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 6.97 | Quick Ratio | 1.58 | | Inventory Turnover | 2.69 | Current Ratio | 2.43 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.35 | | Net Sales/Work Cap | 3.99 | Inv/Curr Assets | 0.35 | | Net Sales/PP&E | 7.13 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
75.37
|
84.15
|
82.58
|
80.01
|
|
Cost of Goods Sold
|
32.82
|
35.86
|
32.64
|
30.25
|
|
Selling & Admin Exps
|
45.62
|
46.71
|
46.19
|
44.52
|
|
Operating Income
|
-3.07
|
1.59
|
3.75
|
1.20
|
|
Interest Exp
|
0.08
|
0.07
|
0.51
|
0.01
|
|
Pretax Income
|
-3.09
|
1.58
|
3.25
|
1.33
|
|
Other Income
|
0.06
|
0.06
|
0.02
|
0.14
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
-2.16
|
1.07
|
2.02
|
-0.51
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
19.26
|
22.73
|
27.24
|
40.57
|
|
Receivables - Total
|
51.10
|
48.40
|
50.05
|
46.55
|
|
Inventories - Total
|
44.32
|
50.49
|
51.31
|
47.17
|
|
Total Current Assets
|
115.27
|
122.28
|
129.26
|
134.91
|
|
Net Property, Plant & Equipment
|
49.31
|
49.58
|
47.54
|
44.44
|
|
Total Assets
|
218.96
|
227.61
|
233.12
|
236.38
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
43.41
|
44.40
|
49.58
|
53.54
|
|
Debt in Current Liabilities
|
NA
|
NA
|
NA
|
0.00
|
|
Total Current Liabilities
|
43.87
|
44.99
|
50.26
|
55.55
|
|
Long-Term Debt
|
NA
|
NA
|
NA
|
NA
|
|
Total Liabilities
|
78.67
|
82.67
|
88.58
|
93.52
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Common Stock
|
8.57
|
8.57
|
8.53
|
8.53
|
|
Retained Earnings
|
123.95
|
127.14
|
127.10
|
126.10
|
|
Treasury Stock
|
-0.07
|
-0.07
|
-0.07
|
-0.07
|
|
Total Stockholders' Equity
|
140.29
|
144.94
|
144.53
|
142.87
|
|
Total Liabilities and Stockholders' Equity
|
218.96
|
227.61
|
233.12
|
236.38
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
-1.34
|
-0.25
|
-6.86
|
11.83
|
|
Net Cash Provided by Investing Activities
|
-0.99
|
-3.13
|
-4.99
|
6.43
|
|
Net Cash Provided by Financing Activities
|
-1.03
|
-1.02
|
-1.02
|
-0.68
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 518.18 | 12.61 | 1.46 | | 12/2007 | 509.70 | 10.63 | 1.33 | | 12/2008 | 485.21 | -27.63 | -3.18 | | 12/2009 | 301.77 | -2.74 | -0.31 | | 12/2010 | 316.78 | 6.94 | 1.12 | | Growth Rates | -11.58 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 75 | 3,389 | 39.57 |
|
Report Date :
2/6/2012
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