| 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" 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 automotive, appliance, aerospace, construction, and transportation
industries. Please see Note 16 - Segment Reporting in the Notes to the
Consolidated Financial Statements, included elsewhere in this Annual Report on
Form 10-K, for further information regarding financial results related to the
Company's geographical and business segments.
MRO Segment
Industry and Competition
The MRO industry consists of companies that buy and stock products in bulk and
supply these products to customers on an as needed basis. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 06/2010 | 0.64 | 0.060 | 26.53 | | 03/2010 | 0.66 | 0.060 | 23.44 | | 12/2009 | -0.31 | 0.060 | N/E | | 09/2009 | -5.43 | 0.060 | N/E | | 06/2009 | -0.75 | 0.030 | N/E | | 03/2009 | -4.41 | 0.030 | N/E | | 12/2008 | -3.18 | 0.200 | N/E | | 09/2008 | -2.04 | 0.200 | N/E |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2009 |
Leverage |
2009 |
| Net Inc/Comm Equity | -0.21 | Total Liab/Total Assets | 0.43 | | Net Inc/Total Assets | -0.01 | Total Liab/Inv Cap | 0.62 | | Net Inc/Inv Cap | -0.02 | Total Liab/Comm Equity | 7.89 | | Pretax Inc/Net Sales | -0.02 | Interest Coverage Ratio | -4.53 | | Net Inc/Net Sales | -0.01 | Curr Debt/Equity | 0.07 | | Cash Flow/Net Sales | 0.04 | LTD/Equity | NA | | SG&A/NetSales | 0.59 | Total Debt/Equity | 0.07 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 6.23 | Quick Ratio | 1.02 | | Inventory Turnover | 2.01 | Current Ratio | 2.19 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.40 | | Net Sales/Work Cap | 5.05 | Inv/Curr Assets | 0.53 | | Net Sales/PP&E | 9.34 | | |
Income Statement (Millions) |
| |
6/30/2010
|
3/31/2010
|
12/31/2009
|
9/30/2009
|
|
Total Revenues(Net Sales)
|
101.62
|
95.07
|
89.34
|
95.13
|
|
Cost of Goods Sold
|
42.99
|
39.59
|
38.00
|
38.73
|
|
Selling & Admin Exps
|
55.84
|
52.11
|
52.95
|
53.43
|
|
Operating Income
|
1.56
|
4.60
|
-2.92
|
2.85
|
|
Interest Exp
|
0.20
|
0.09
|
0.56
|
0.13
|
|
Pretax Income
|
3.12
|
4.57
|
-3.48
|
2.85
|
|
Other Income
|
0.05
|
1.75
|
-0.15
|
0.13
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
1.69
|
2.33
|
-0.14
|
1.50
|
|
Assets
|
6/30/2010
|
3/31/2010
|
12/31/2009
|
9/30/2009
|
|
Cash & Short Term Investments
|
8.62
|
8.83
|
8.79
|
10.80
|
|
Receivables - Total
|
61.84
|
60.65
|
55.05
|
59.78
|
|
Inventories - Total
|
75.07
|
75.10
|
73.70
|
78.80
|
|
Total Current Assets
|
145.98
|
145.07
|
138.32
|
149.83
|
|
Net Property, Plant & Equipment
|
40.96
|
41.62
|
40.58
|
43.02
|
|
Total Assets
|
247.33
|
247.35
|
241.65
|
256.02
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
53.09
|
68.65
|
53.24
|
69.56
|
|
Debt in Current Liabilities
|
10.00
|
NA
|
10.00
|
NA
|
|
Total Current Liabilities
|
63.09
|
68.65
|
63.24
|
69.56
|
|
Long-Term Debt
|
5.15
|
NA
|
0.00
|
NA
|
|
Total Liabilities
|
107.64
|
108.47
|
105.00
|
118.92
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
0.00
|
0.00
|
0.00
|
NA
|
|
Common Stock
|
8.52
|
8.52
|
8.52
|
8.52
|
|
Retained Earnings
|
124.88
|
123.71
|
121.89
|
122.54
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
139.69
|
138.88
|
136.65
|
137.10
|
|
Total Liabilities and Stockholders' Equity
|
247.33
|
247.35
|
241.65
|
256.02
|
Cash Flow Summary (Millions) |
|
Categories
|
6/30/2010
|
3/31/2010
|
12/31/2009
|
9/30/2009
|
|
Net Cash Provided by Operating Activities
|
-0.96
|
-1.11
|
-1.12
|
0.46
|
|
Net Cash Provided by Investing Activities
|
-3.32
|
1.73
|
-0.37
|
-0.40
|
|
Net Cash Provided by Financing Activities
|
4.13
|
-0.54
|
-0.51
|
-0.44
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2005 | 450.18 | 26.74 | 2.36 | | 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 | 378.88 | -2.74 | -0.31 | | Growth Rates | -4.22 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 06/30/10 | 73 | 3,204 | 37.60 |
|
Report Date :
9/7/2010
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