| Address:
|
POLYONE CENTER
33587 WALKER ROAD |
| City: |
AVON LAKE |
|
State: |
OH |
|
Zip Code: |
44012 |
| Telephone: |
440-930-1000 |
|
Description of Business
|
Primary SIC Code:
2821 |
| (As filed with the SEC)
|
|
|
We are a premier provider of specialized polymer materials, services and
solutions with operations in thermoplastic compounds, specialty polymer
formulations, color and additive systems, thermoplastic resin distribution and
specialty PVC resins. We also have an equity investment in SunBelt Chlor-Alkali
Partnership (SunBelt), a manufacturer of caustic soda and chlorine. When used in
this Annual Report on Form 10-K, the terms "we," "us," "our" and the "Company"
mean PolyOne Corporation and its subsidiaries.
We are incorporated in Ohio and our headquarters are in Avon Lake, Ohio. We
employ approximately 4,000 people and have 49 manufacturing sites and 6
distribution facilities in North America, Europe, Asia and South America, and a
joint venture in North America. We offer more than 36,000 polymer solutions to
over 10,000 customers across the globe. In 2010, we had sales of $2.6 billion,
34% of which were to customers outside the United States. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 2.62 | 0.040 | 4.09 | | 06/2011 | 2.42 | 0.040 | 6.39 | | 03/2011 | 2.61 | 0.040 | 5.44 | | 12/2010 | 1.69 | NA | 7.39 | | 09/2010 | 1.10 | NA | 10.99 | | 06/2010 | 1.15 | NA | 7.32 | | 03/2010 | 1.11 | NA | 9.23 | | 12/2009 | 0.73 | NA | 10.23 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.22 | Total Liab/Total Assets | 0.69 | | Net Inc/Total Assets | 0.10 | Total Liab/Inv Cap | 0.95 | | Net Inc/Inv Cap | 0.13 | Total Liab/Comm Equity | 1.53 | | Pretax Inc/Net Sales | 0.04 | Interest Coverage Ratio | NA | | Net Inc/Net Sales | 0.06 | Curr Debt/Equity | 0.04 | | Cash Flow/Net Sales | 0.05 | LTD/Equity | 0.84 | | SG&A/NetSales | 0.10 | Total Debt/Equity | 0.88 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 9.22 | Quick Ratio | 1.67 | | Inventory Turnover | 11.10 | Current Ratio | 2.16 | | Inventory Day Sales | 0.03 | Net Rec/Curr Assets | 0.31 | | Net Sales/Work Cap | 5.20 | Inv/Curr Assets | 0.23 | | Net Sales/PP&E | 7.00 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
735.80
|
768.80
|
718.50
|
617.80
|
|
Cost of Goods Sold
|
621.80
|
639.60
|
595.80
|
530.70
|
|
Selling & Admin Exps
|
205.40
|
78.70
|
-57.10
|
37.80
|
|
Operating Income
|
42.50
|
50.50
|
179.80
|
29.50
|
|
Interest Exp
|
NA
|
NA
|
NA
|
NA
|
|
Pretax Income
|
33.30
|
43.70
|
171.10
|
21.00
|
|
Other Income
|
-0.90
|
1.60
|
-0.20
|
-0.20
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
21.60
|
28.50
|
110.20
|
89.90
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
409.80
|
416.80
|
412.40
|
378.10
|
|
Receivables - Total
|
368.10
|
397.10
|
382.50
|
294.50
|
|
Inventories - Total
|
240.20
|
255.50
|
237.90
|
211.30
|
|
Total Current Assets
|
1,051.00
|
1,111.10
|
1,091.10
|
939.00
|
|
Net Property, Plant & Equipment
|
365.00
|
379.40
|
379.60
|
374.40
|
|
Total Assets
|
1,795.10
|
1,864.70
|
1,828.50
|
1,671.90
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
488.00
|
526.40
|
495.30
|
414.80
|
|
Debt in Current Liabilities
|
22.90
|
22.90
|
0.00
|
20.00
|
|
Total Current Liabilities
|
510.90
|
549.30
|
495.30
|
434.80
|
|
Long-Term Debt
|
410.00
|
410.00
|
432.90
|
432.90
|
|
Total Liabilities
|
1,186.60
|
1,235.10
|
1,213.30
|
1,155.90
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
0.00
|
|
Common Stock
|
NA
|
NA
|
NA
|
1.20
|
|
Retained Earnings
|
NA
|
NA
|
NA
|
-66.90
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
-305.60
|
|
Total Stockholders' Equity
|
608.50
|
629.60
|
615.20
|
516.00
|
|
Total Liabilities and Stockholders' Equity
|
1,795.10
|
1,864.70
|
1,828.50
|
1,671.90
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
28.10
|
30.50
|
-39.40
|
58.40
|
|
Net Cash Provided by Investing Activities
|
-7.80
|
-11.60
|
105.10
|
9.40
|
|
Net Cash Provided by Financing Activities
|
-25.80
|
-15.40
|
-32.50
|
2.30
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 2,622.40 | 123.20 | 1.36 | | 12/2007 | 2,642.70 | 11.40 | 0.12 | | 12/2008 | 2,738.70 | -272.90 | -2.94 | | 12/2009 | 2,060.70 | 49.50 | 0.73 | | 12/2010 | 2,621.90 | 162.60 | 1.69 | | Growth Rates | 0.00 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 197 | 80,889 | 89.12 |
|
Report Date :
2/6/2012
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