| Address:
|
1901 CAMPUS PLACE
|
| City: |
LOUISVILLE |
|
State: |
KY |
|
Zip Code: |
40299 |
| Telephone: |
502.627.7000 |
|
Description of Business
|
Primary SIC Code:
5912 |
| (As filed with the SEC)
|
|
|
PharMerica Corporation ("the Corporation") was formed on October 23, 2006 by
Kindred Healthcare, Inc. ("Kindred" or "Former Parent") and AmerisourceBergen
Corporation ("AmerisourceBergen") for the purpose of consummating the
transactions contemplated by the Master Transaction Agreement dated October 25,
2006, as amended (the "Master Agreement"). Pursuant to the Master Agreement,
Kindred and AmerisourceBergen, through a series of transactions (collectively,
the "Pharmacy Transaction"), combined their respective institutional pharmacy
businesses, Kindred Pharmacy Services ("KPS") and PharMerica Long-Term Care
("PharMerica LTC"), into a new, stand-alone, publicly traded company. The
Pharmacy Transaction was consummated on July 31, 2007 (the "Closing Date").
Under the terms of the Pharmacy Transaction, on the Closing Date, each of KPS
and PharMerica LTC borrowed $125. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 06/2010 | 1.14 | NA | 12.86 | | 03/2010 | 1.37 | NA | 13.30 | | 12/2009 | 1.39 | NA | 11.42 | | 09/2009 | -0.53 | NA | N/E | | 06/2009 | 0.53 | NA | 37.04 | | 03/2009 | 0.33 | NA | 50.42 | | 12/2008 | 0.17 | NA | 92.18 | | 09/2008 | 0.68 | NA | 33.07 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2009 |
Leverage |
2009 |
| Net Inc/Comm Equity | 0.12 | Total Liab/Total Assets | 0.49 | | Net Inc/Total Assets | 0.06 | Total Liab/Inv Cap | 0.56 | | Net Inc/Inv Cap | 0.07 | Total Liab/Comm Equity | 1.02 | | Pretax Inc/Net Sales | 0.03 | Interest Coverage Ratio | NA | | Net Inc/Net Sales | 0.02 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.05 | LTD/Equity | 0.65 | | SG&A/NetSales | 0.10 | Total Debt/Equity | 0.65 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 7.38 | Quick Ratio | 3.40 | | Inventory Turnover | 20.48 | Current Ratio | 4.23 | | Inventory Day Sales | 0.05 | Net Rec/Curr Assets | 0.62 | | Net Sales/Work Cap | 5.89 | Inv/Curr Assets | 0.19 | | Net Sales/PP&E | 30.38 | | |
Income Statement (Millions) |
| |
6/30/2010
|
3/31/2010
|
12/31/2009
|
9/30/2009
|
|
Total Revenues(Net Sales)
|
450.50
|
462.20
|
451.40
|
461.00
|
|
Cost of Goods Sold
|
392.30
|
399.50
|
385.50
|
396.40
|
|
Selling & Admin Exps
|
43.60
|
44.20
|
45.40
|
42.50
|
|
Operating Income
|
3.00
|
15.00
|
16.00
|
18.70
|
|
Interest Exp
|
NA
|
NA
|
-8.40
|
1.90
|
|
Pretax Income
|
2.20
|
14.10
|
15.00
|
16.80
|
|
Other Income
|
NA
|
NA
|
NA
|
NA
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
1.30
|
8.40
|
10.20
|
14.60
|
|
Assets
|
6/30/2010
|
3/31/2010
|
12/31/2009
|
9/30/2009
|
|
Cash & Short Term Investments
|
91.20
|
73.50
|
51.20
|
73.80
|
|
Receivables - Total
|
241.40
|
245.60
|
255.10
|
248.30
|
|
Inventories - Total
|
78.30
|
77.10
|
79.80
|
73.40
|
|
Total Current Assets
|
432.20
|
416.00
|
409.70
|
414.90
|
|
Net Property, Plant & Equipment
|
56.30
|
58.50
|
60.60
|
54.50
|
|
Total Assets
|
731.20
|
720.30
|
724.30
|
705.90
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
87.60
|
84.70
|
96.90
|
56.60
|
|
Debt in Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Liabilities
|
87.60
|
84.70
|
96.90
|
91.20
|
|
Long-Term Debt
|
240.00
|
240.00
|
240.00
|
240.00
|
|
Total Liabilities
|
347.80
|
340.10
|
353.40
|
346.70
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
0.00
|
0.00
|
0.00
|
NA
|
|
Common Stock
|
0.30
|
0.30
|
0.30
|
0.30
|
|
Retained Earnings
|
35.50
|
34.20
|
25.80
|
15.60
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
383.40
|
380.20
|
370.90
|
359.20
|
|
Total Liabilities and Stockholders' Equity
|
731.20
|
720.30
|
724.30
|
705.90
|
Cash Flow Summary (Millions) |
|
Categories
|
6/30/2010
|
3/31/2010
|
12/31/2009
|
9/30/2009
|
|
Net Cash Provided by Operating Activities
|
20.60
|
24.70
|
25.40
|
16.90
|
|
Net Cash Provided by Investing Activities
|
-2.90
|
-2.30
|
-48.00
|
-21.70
|
|
Net Cash Provided by Financing Activities
|
0.00
|
-0.10
|
0.00
|
0.90
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2007 | 1,217.80 | -24.10 | -1.13 | | 12/2008 | 1,947.30 | 5.00 | 0.17 | | 12/2009 | 1,841.20 | 42.20 | 1.39 | | Growth Rates | 22.96 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 06/30/10 | 175 | 30,589 | 99.81 |
|
Report Date :
8/30/2010
 Copyright
2010, EDGAR Online, Inc. All
rights reserved. Replication or redistribution of EDGAR Online, Inc. content is
expressly prohibited without the prior written consent of EDGAR Online, Inc.
EDGAR Online, Inc. shall not be liable for any errors or delays in the content,
or for any actions taken in reliance thereon.
|
|
|