| Address:
|
200 OLD WILSON BRIDGE ROAD
|
| City: |
COLUMBUS |
|
State: |
OH |
|
Zip Code: |
43085 |
| Telephone: |
614-438-3210 |
|
Description of Business
|
Primary SIC Code:
3310 |
| (As filed with the SEC)
|
|
|
Worthington Industries, Inc. is a corporation formed under the laws of the State
of Ohio (individually, the "Registrant" or "Worthington Industries" or,
collectively with the subsidiaries of Worthington Industries, Inc., "we," "our,"
"Worthington" or the "Company"). Founded in 1955, Worthington is primarily a
diversified metals processing company, focused on value-added steel processing
and manufactured metal products. Our manufactured metal products include:
pressure cylinder products such as propane, oxygen and helium tanks, hand
torches, refrigerant and industrial cylinders, camping cylinders, scuba tanks
and helium balloon kits; framing systems and stairs for mid-rise buildings;
steel pallets and racks; and, through joint ventures, suspension grid systems
for concealed and lay-in panel ceilings, laser welded blanks; light gauge steel
framing for commercial and residential construction and current and past model
automotive service stampings. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 11/2011 | 1.66 | 0.120 | 10.60 | | 08/2011 | 1.59 | 0.120 | 10.22 | | 05/2011 | 1.53 | 0.100 | 14.27 | | 02/2011 | 1.25 | 0.100 | 15.49 | | 11/2010 | 0.68 | 0.100 | 23.56 | | 08/2010 | 0.78 | 0.100 | 18.23 | | 05/2010 | 0.57 | 0.100 | 25.82 | | 02/2010 | -0.02 | 0.100 | N/E |
Key Financial Ratios and Statistics |
FYE:
05/31 |
| Profitability |
2011 |
Leverage |
2011 |
| Net Inc/Comm Equity | 0.63 | Total Liab/Total Assets | 0.59 | | Net Inc/Total Assets | 0.07 | Total Liab/Inv Cap | 0.97 | | Net Inc/Inv Cap | 0.11 | Total Liab/Comm Equity | 5.38 | | Pretax Inc/Net Sales | 0.07 | Interest Coverage Ratio | 10.73 | | Net Inc/Net Sales | 0.05 | Curr Debt/Equity | 0.19 | | Cash Flow/Net Sales | 0.03 | LTD/Equity | 0.36 | | SG&A/NetSales | 0.09 | Total Debt/Equity | 0.56 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 6.57 | Quick Ratio | 0.99 | | Inventory Turnover | 5.68 | Current Ratio | 1.70 | | Inventory Day Sales | 0.02 | Net Rec/Curr Assets | 0.47 | | Net Sales/Work Cap | 6.66 | Inv/Curr Assets | 0.42 | | Net Sales/PP&E | 6.03 | | |
Income Statement (Millions) |
| |
11/30/2011
|
8/31/2011
|
5/31/2011
|
2/28/2011
|
|
Total Revenues(Net Sales)
|
565.65
|
602.39
|
675.69
|
569.44
|
|
Cost of Goods Sold
|
509.05
|
530.93
|
556.52
|
481.19
|
|
Selling & Admin Exps
|
51.71
|
48.58
|
51.24
|
59.77
|
|
Operating Income
|
2.85
|
21.18
|
62.34
|
28.02
|
|
Interest Exp
|
4.76
|
4.69
|
4.68
|
4.53
|
|
Pretax Income
|
20.28
|
41.59
|
83.48
|
40.23
|
|
Other Income
|
0.28
|
0.40
|
0.95
|
-0.22
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
11.98
|
25.65
|
51.92
|
26.33
|
|
Assets
|
11/30/2011
|
8/31/2011
|
5/31/2011
|
2/28/2011
|
|
Cash & Short Term Investments
|
53.81
|
36.88
|
56.17
|
49.73
|
|
Receivables - Total
|
364.05
|
378.01
|
418.20
|
378.85
|
|
Inventories - Total
|
335.12
|
377.77
|
370.83
|
372.57
|
|
Total Current Assets
|
808.68
|
858.64
|
891.64
|
836.54
|
|
Net Property, Plant & Equipment
|
398.99
|
391.35
|
405.33
|
495.63
|
|
Total Assets
|
1,609.62
|
1,645.42
|
1,667.25
|
1,593.04
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
263.29
|
303.17
|
392.05
|
369.43
|
|
Debt in Current Liabilities
|
226.09
|
209.21
|
132.96
|
80.78
|
|
Total Current Liabilities
|
489.37
|
512.38
|
525.00
|
450.20
|
|
Long-Term Debt
|
250.26
|
250.26
|
250.25
|
250.25
|
|
Total Liabilities
|
946.06
|
963.47
|
977.34
|
897.79
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
46.78
|
49.54
|
50.79
|
50.03
|
|
Preferred Stock
|
NA
|
NA
|
0.00
|
NA
|
|
Common Stock
|
NA
|
NA
|
0.00
|
NA
|
|
Retained Earnings
|
NA
|
NA
|
504.41
|
NA
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
663.56
|
681.96
|
689.91
|
695.25
|
|
Total Liabilities and Stockholders' Equity
|
1,609.62
|
1,645.42
|
1,667.25
|
1,593.04
|
Cash Flow Summary (Millions) |
|
Categories
|
11/30/2011
|
8/31/2011
|
5/31/2011
|
2/28/2011
|
|
Net Cash Provided by Operating Activities
|
64.36
|
-14.84
|
16.56
|
65.08
|
|
Net Cash Provided by Investing Activities
|
-36.04
|
-43.22
|
1.63
|
-24.43
|
|
Net Cash Provided by Financing Activities
|
-11.39
|
38.76
|
-11.75
|
-51.79
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 05/2007 | 2,971.81 | 113.90 | 1.31 | | 05/2008 | 3,067.16 | 107.08 | 1.31 | | 05/2009 | 2,631.27 | -108.21 | -1.37 | | 05/2010 | 1,943.03 | 45.24 | 0.57 | | 05/2011 | 2,442.62 | 115.07 | 1.53 | | Growth Rates | -4.78 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 195 | 43,920 | 63.71 |
|
Report Date :
2/6/2012
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