| Address:
|
13024 BALLANTYNE CORPORATE PL
SUITE 900 |
| City: |
CHARLOTTE |
|
State: |
NC |
|
Zip Code: |
28277 |
| Telephone: |
704-554-1421 |
|
Description of Business
|
Primary SIC Code:
2052 |
| (As filed with the SEC)
|
|
|
Incorporated as a North Carolina corporation in 1926, Lance, Inc. ("Lance")
manufactures, markets, and distributes snack foods throughout much of the United
States and other parts of North America. Snyder's of Hanover, Inc. ("Snyder's")
was a privately held company that manufactures, markets, and distributes snack
foods throughout North America, the Caribbean, Europe and the Pacific Rim. On
December 6, 2010, a wholly-owned subsidiary of Lance, Inc. merged with and into
Snyder's of Hanover, Inc., with the result that Snyder's became a wholly-owned
subsidiary of Lance, Inc. (the "Merger"). In connection with the Merger, Lance
changed its name to Snyder's-Lance, Inc. effective December 10, 2010. References
to "Snyder's-Lance," the "Company", "we", "us" or "our" refer to Snyder's-Lance,
Inc. and its subsidiaries, as the context requires. References to "Lance" and
"Snyder's" refer to the companies as they existed prior to the Merger. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | -0.37 | 0.160 | N/E | | 06/2011 | -0.19 | 0.160 | N/E | | 03/2011 | 0.25 | 0.160 | 79.40 | | 12/2010 | 0.07 | 3.750 | 334.86 | | 09/2010 | 1.01 | NA | 21.09 |
Key Financial Ratios and Statistics |
FYE:
01/01 |
| Profitability |
2011 |
Leverage |
2011 |
| Net Inc/Comm Equity | 0.00 | Total Liab/Total Assets | 0.43 | | Net Inc/Total Assets | 0.00 | Total Liab/Inv Cap | 0.53 | | Net Inc/Inv Cap | 0.00 | Total Liab/Comm Equity | 0.81 | | Pretax Inc/Net Sales | 0.01 | Interest Coverage Ratio | NA | | Net Inc/Net Sales | 0.00 | Curr Debt/Equity | 0.11 | | Cash Flow/Net Sales | 0.05 | LTD/Equity | 0.27 | | SG&A/NetSales | 0.37 | Total Debt/Equity | 0.38 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 7.33 | Quick Ratio | 1.17 | | Inventory Turnover | 7.47 | Current Ratio | 1.68 | | Inventory Day Sales | 0.02 | Net Rec/Curr Assets | 0.53 | | Net Sales/Work Cap | 7.51 | Inv/Curr Assets | 0.30 | | Net Sales/PP&E | 2.91 | | |
Income Statement (Millions) |
| |
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Total Revenues(Net Sales)
|
421.90
|
412.54
|
388.47
|
285.12
|
|
Cost of Goods Sold
|
280.89
|
268.90
|
247.30
|
182.23
|
|
Selling & Admin Exps
|
126.82
|
137.10
|
120.94
|
130.22
|
|
Operating Income
|
18.43
|
-3.64
|
20.23
|
-23.33
|
|
Interest Exp
|
NA
|
NA
|
NA
|
NA
|
|
Pretax Income
|
15.39
|
-6.01
|
17.57
|
-24.68
|
|
Other Income
|
4.24
|
NA
|
NA
|
NA
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
8.83
|
-3.85
|
10.85
|
-19.39
|
|
Assets
|
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Cash & Short Term Investments
|
15.06
|
11.15
|
6.36
|
27.88
|
|
Receivables - Total
|
200.44
|
203.60
|
184.90
|
172.21
|
|
Inventories - Total
|
116.10
|
102.26
|
102.95
|
96.94
|
|
Total Current Assets
|
382.47
|
339.29
|
318.45
|
323.77
|
|
Net Property, Plant & Equipment
|
326.05
|
330.21
|
340.95
|
336.67
|
|
Total Assets
|
1,500.12
|
1,475.70
|
1,462.78
|
1,462.36
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
104.38
|
101.22
|
78.15
|
93.50
|
|
Debt in Current Liabilities
|
129.93
|
123.64
|
117.52
|
89.89
|
|
Total Current Liabilities
|
234.31
|
224.85
|
195.66
|
193.27
|
|
Long-Term Debt
|
224.01
|
200.82
|
217.32
|
227.46
|
|
Total Liabilities
|
678.65
|
647.16
|
624.91
|
629.77
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
2.29
|
3.51
|
4.04
|
4.03
|
|
Preferred Stock
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Common Stock
|
56.48
|
56.35
|
55.99
|
55.28
|
|
Retained Earnings
|
23.96
|
25.96
|
40.46
|
40.20
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
821.47
|
828.54
|
837.88
|
832.59
|
|
Total Liabilities and Stockholders' Equity
|
1,500.12
|
1,475.70
|
1,462.78
|
1,462.36
|
Cash Flow Summary (Millions) |
|
Categories
|
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Net Cash Provided by Operating Activities
|
15.84
|
44.54
|
12.41
|
-7.55
|
|
Net Cash Provided by Investing Activities
|
-23.64
|
-15.61
|
-15.94
|
84.65
|
|
Net Cash Provided by Financing Activities
|
12.12
|
-24.19
|
-18.07
|
-63.49
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 01/2006 | 730.12 | 18.48 | -- | | 01/2007 | 762.74 | 23.84 | -- | | 01/2008 | 852.47 | 17.71 | -- | | 01/2009 | 918.16 | 35.03 | -- | | 01/2011 | 979.84 | 2.51 | 0.07 | | Growth Rates | 7.63 | -39.28 | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 140 | 26,508 | 39.10 |
|
Report Date :
2/6/2012
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