| Address:
|
115 WEST CENTURY ROAD
SUITE 260 |
| City: |
PARAMUS |
|
State: |
NJ |
|
Zip Code: |
07652-1432 |
| Telephone: |
303-682-1982 |
|
Description of Business
|
Primary SIC Code:
2000 |
| (As filed with the SEC)
|
|
|
We are a marketer of functional food products in the U.S. and Canada primarily
under the Smart Balance®, Earth Balance® and BestlifeTM trademarks. Functional
food is defined as a food or a food ingredient that has been shown to support
normal, healthy structures, functions and systems in the body. Our signature
spreads products utilize a proprietary licensed, patented technology that is
naturally free of trans fats and enhances good-to-bad cholesterol ratios when
used as part of the Smart BalanceTM Food Plan. We have other product offerings
utilizing our heart healthier positioning and brand leverage, including enhanced
milks, peanut butters, cooking oils, mayonnaise dressing and popcorn.
We sell Smart Balance® and BestlifeTM products in grocery, mass merchandise and
convenience stores. We sell similar natural and organic products under the Earth
Balance® trademark primarily in the natural food channel. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 0.13 | NA | 45.38 | | 06/2011 | 0.11 | NA | 47.09 | | 03/2011 | -2.07 | NA | N/E | | 12/2010 | -2.08 | NA | N/E | | 09/2010 | -2.01 | NA | N/E | | 06/2010 | -2.00 | NA | N/E | | 03/2010 | 0.09 | NA | 72.00 | | 12/2009 | 0.06 | NA | 100.00 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | -0.24 | Total Liab/Total Assets | 0.28 | | Net Inc/Total Assets | -0.29 | Total Liab/Inv Cap | 0.31 | | Net Inc/Inv Cap | -0.32 | Total Liab/Comm Equity | 0.24 | | Pretax Inc/Net Sales | -0.50 | Interest Coverage Ratio | -34.48 | | Net Inc/Net Sales | -0.53 | Curr Debt/Equity | 0.02 | | Cash Flow/Net Sales | 0.07 | LTD/Equity | 0.16 | | SG&A/NetSales | 0.43 | Total Debt/Equity | 0.17 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 16.00 | Quick Ratio | 0.78 | | Inventory Turnover | 18.19 | Current Ratio | 1.05 | | Inventory Day Sales | 0.04 | Net Rec/Curr Assets | 0.53 | | Net Sales/Work Cap | 157.43 | Inv/Curr Assets | 0.26 | | Net Sales/PP&E | 44.99 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
71.66
|
59.02
|
59.72
|
62.76
|
|
Cost of Goods Sold
|
41.43
|
30.85
|
31.35
|
34.69
|
|
Selling & Admin Exps
|
28.12
|
20.76
|
20.78
|
25.93
|
|
Operating Income
|
2.11
|
7.42
|
7.59
|
2.14
|
|
Interest Exp
|
0.91
|
0.68
|
0.79
|
0.87
|
|
Pretax Income
|
1.36
|
6.55
|
7.46
|
1.19
|
|
Other Income
|
0.16
|
-0.19
|
0.65
|
-0.08
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
1.14
|
3.33
|
3.54
|
0.34
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
9.49
|
8.27
|
5.79
|
3.84
|
|
Receivables - Total
|
22.08
|
16.65
|
17.87
|
16.04
|
|
Inventories - Total
|
14.54
|
7.01
|
8.59
|
7.95
|
|
Total Current Assets
|
47.93
|
37.26
|
36.00
|
30.48
|
|
Net Property, Plant & Equipment
|
11.51
|
5.84
|
5.46
|
5.38
|
|
Total Assets
|
516.21
|
444.61
|
444.29
|
438.40
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
33.50
|
26.56
|
25.45
|
23.94
|
|
Debt in Current Liabilities
|
5.01
|
5.00
|
5.00
|
5.00
|
|
Total Current Liabilities
|
38.51
|
31.56
|
30.45
|
28.94
|
|
Long-Term Debt
|
107.08
|
48.13
|
49.75
|
49.50
|
|
Total Liabilities
|
197.27
|
126.27
|
127.63
|
124.90
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
0.00
|
|
Common Stock
|
0.01
|
0.01
|
0.01
|
0.01
|
|
Retained Earnings
|
-202.61
|
-203.75
|
-207.08
|
-210.63
|
|
Treasury Stock
|
-15.60
|
-15.60
|
-12.60
|
-10.45
|
|
Total Stockholders' Equity
|
318.94
|
318.34
|
316.66
|
313.50
|
|
Total Liabilities and Stockholders' Equity
|
516.21
|
444.61
|
444.29
|
438.40
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
8.97
|
8.18
|
4.58
|
9.78
|
|
Net Cash Provided by Investing Activities
|
-66.54
|
-1.08
|
-0.49
|
-2.39
|
|
Net Cash Provided by Financing Activities
|
58.80
|
-4.64
|
-2.15
|
-12.11
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 0.00 | -13.78 | -- | | 12/2007 | 111.04 | -64.55 | -4.12 | | 12/2008 | 221.87 | -6.97 | -0.11 | | 12/2009 | 239.50 | 3.47 | 0.06 | | 12/2010 | 241.97 | -128.16 | -2.08 | | Growth Rates | Infinity | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 139 | 49,326 | 83.69 |
|
Report Date :
2/6/2012
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