| Address:
|
9800 59TH AVENUE NORTH
|
| City: |
MINNEAPOLIS |
|
State: |
MN |
|
Zip Code: |
55442 |
| Telephone: |
763-551-7000 |
|
Description of Business
|
Primary SIC Code:
2510 |
| (As filed with the SEC)
|
|
|
Select Comfort Corporation, based in Minneapolis, Minnesota, was founded in 1987
and is now one of the nation's leading bed manufacturers and retailers. We
design, manufacture, market and distribute premium quality, adjustable-firmness
beds and other sleep-related accessory products. Select Comfort has evolved from
a specialty, niche direct marketer, to a nationwide multi-channel business with
fiscal 2010 net sales of $606 million.
The air-chamber technology of our proprietary Sleep Number bed allows adjustable
firmness on each side of the mattress and provides a sleep surface that is
clinically proven to provide better sleep quality and greater relief of back
pain compared to traditional mattress products. In addition, we market and sell
accessories and other sleep-related products which focus on providing
personalized comfort to complement the Sleep Number bed and provide a better
night's sleep. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 0.93 | NA | 15.02 | | 06/2011 | 0.82 | NA | 21.93 | | 03/2011 | 0.74 | NA | 16.30 | | 12/2010 | 0.57 | NA | 16.02 | | 09/2010 | 1.20 | NA | 5.65 | | 06/2010 | 1.17 | NA | 7.48 | | 03/2010 | 0.97 | NA | 8.22 | | 12/2009 | 0.77 | NA | 8.47 |
Key Financial Ratios and Statistics |
FYE:
01/01 |
| Profitability |
2011 |
Leverage |
2011 |
| Net Inc/Comm Equity | 0.85 | Total Liab/Total Assets | 0.66 | | Net Inc/Total Assets | 0.19 | Total Liab/Inv Cap | 1.53 | | Net Inc/Inv Cap | 0.43 | Total Liab/Comm Equity | 3.00 | | Pretax Inc/Net Sales | 0.08 | Interest Coverage Ratio | NA | | Net Inc/Net Sales | 0.05 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.12 | LTD/Equity | NA | | SG&A/NetSales | 0.53 | Total Debt/Equity | NA |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 52.67 | Quick Ratio | 1.00 | | Inventory Turnover | 12.89 | Current Ratio | 1.21 | | Inventory Day Sales | 0.03 | Net Rec/Curr Assets | 0.08 | | Net Sales/Work Cap | 30.20 | Inv/Curr Assets | 0.17 | | Net Sales/PP&E | 18.38 | | |
Income Statement (Millions) |
| |
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Total Revenues(Net Sales)
|
199.60
|
161.46
|
193.07
|
148.67
|
|
Cost of Goods Sold
|
73.84
|
58.96
|
69.97
|
54.94
|
|
Selling & Admin Exps
|
98.27
|
83.64
|
95.89
|
81.78
|
|
Operating Income
|
26.46
|
17.63
|
26.40
|
11.48
|
|
Interest Exp
|
NA
|
NA
|
NA
|
NA
|
|
Pretax Income
|
26.48
|
17.60
|
26.37
|
11.41
|
|
Other Income
|
NA
|
-0.03
|
-0.03
|
NA
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
17.24
|
11.29
|
16.58
|
7.12
|
|
Assets
|
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Cash & Short Term Investments
|
116.36
|
77.63
|
101.88
|
81.36
|
|
Receivables - Total
|
12.10
|
11.28
|
12.91
|
8.86
|
|
Inventories - Total
|
21.00
|
20.58
|
18.53
|
19.65
|
|
Total Current Assets
|
162.31
|
121.96
|
145.30
|
116.91
|
|
Net Property, Plant & Equipment
|
38.85
|
36.23
|
35.90
|
32.95
|
|
Total Assets
|
237.92
|
195.28
|
199.60
|
169.96
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
95.43
|
77.05
|
94.67
|
85.19
|
|
Debt in Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Liabilities
|
112.61
|
90.21
|
108.41
|
96.86
|
|
Long-Term Debt
|
NA
|
NA
|
NA
|
NA
|
|
Total Liabilities
|
127.81
|
105.59
|
123.96
|
111.98
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Common Stock
|
0.56
|
0.56
|
0.56
|
0.56
|
|
Retained Earnings
|
65.73
|
48.50
|
37.21
|
20.62
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
110.11
|
89.69
|
75.63
|
57.98
|
|
Total Liabilities and Stockholders' Equity
|
237.92
|
195.28
|
199.60
|
169.96
|
Cash Flow Summary (Millions) |
|
Categories
|
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Net Cash Provided by Operating Activities
|
40.84
|
1.46
|
32.22
|
0.62
|
|
Net Cash Provided by Investing Activities
|
-4.90
|
-46.86
|
-5.39
|
-3.83
|
|
Net Cash Provided by Financing Activities
|
2.79
|
1.16
|
-0.96
|
0.01
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 01/2006 | 806.04 | 47.18 | 0.76 | | 01/2007 | 799.24 | 27.62 | 0.85 | | 01/2009 | 608.52 | -70.18 | -1.59 | | 01/2010 | 544.20 | 35.55 | 0.77 | | 01/2011 | 605.68 | 31.57 | 0.57 | | Growth Rates | -6.90 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 198 | 51,335 | 91.39 |
|
Report Date :
2/6/2012
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