Mestek, Inc. (MCCK)

Mestek Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2011	FY 2010	FY 2009	FY 2008	FY 2007
Period Ending	Jun 30, 2012	Dec 31, 2011	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008	Dec 31, 2007
Revenue	299.77	304.62	280.86	303.54	373.53	378.28
Revenue Growth (YoY)	-4.24%	8.46%	-7.47%	-18.74%	-1.26%	-1.95%
Cost of Revenue	209.59	213.16	196.95	219.5	278.36	283.09
Gross Profit	90.18	91.47	83.91	84.04	95.17	95.19
Selling, General & Admin	57.87	57.22	55.23	58.34	68.76	68.55
Research & Development	11.13	10.17	10.14	11.35	11.45	11.27
Operating Expenses	69	67.4	65.37	69.68	80.21	79.82
Operating Income	21.18	24.07	18.54	14.36	14.96	15.37
Interest Expense	-0.22	-0.23	-0.64	-1.04	-1.7	-3.28
Earnings From Equity Investments	-	-	-	1.72	-1.45	-6.74
Other Non Operating Income (Expenses)	0.02	-0.12	-0.17	-0.09	-0.33	-0.77
EBT Excluding Unusual Items	20.98	23.71	17.73	14.96	11.48	4.59
Merger & Restructuring Charges	-0.74	-1.45	-3.19	-5.82	-0.46	-2.15
Impairment of Goodwill	-	-	-	-	-1.8	-
Gain (Loss) on Sale of Assets	-0.89	-0.9	-0.09	0.01	0.69	1.33
Asset Writedown	-	-	-0.17	-1.06	-	-
Pretax Income	19.35	21.37	14.28	8.09	9.91	3.78
Income Tax Expense	7.57	8.59	5.59	3.61	4.47	2.14
Earnings From Continuing Operations	11.78	12.78	8.7	4.48	5.44	1.63
Earnings From Discontinued Operations	-1.36	-4.08	-3.2	-	-	-
Net Income to Company	10.43	8.7	5.5	4.48	5.44	1.63
Minority Interest in Earnings	-0.04	-0.02	-0.06	-0	-0	-
Net Income	10.39	8.68	5.45	4.47	5.44	1.63
Net Income to Common	10.39	8.68	5.45	4.47	5.44	1.63
Net Income Growth	33.63%	59.41%	21.70%	-17.70%	233.29%	-82.11%
Shares Outstanding (Basic)	8	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8	8
Shares Change (YoY)	-2.89%	-4.75%	-0.33%	-1.20%	-2.05%	-4.00%
EPS (Basic)	1.38	1.15	0.69	0.56	0.67	0.20
EPS (Diluted)	1.38	1.15	0.69	0.56	0.67	0.20
EPS Growth	37.61%	67.37%	22.58%	-17.02%	240.29%	-81.37%
Free Cash Flow	-	20.71	16.37	24.23	11.23	7.03
Free Cash Flow Per Share	-	2.74	2.06	3.04	1.39	0.85
Gross Margin	30.08%	30.03%	29.88%	27.69%	25.48%	25.16%
Operating Margin	7.07%	7.90%	6.60%	4.73%	4.00%	4.06%
Profit Margin	3.46%	2.85%	1.94%	1.47%	1.46%	0.43%
Free Cash Flow Margin	-	6.80%	5.83%	7.98%	3.01%	1.86%
EBITDA	24.93	28.26	23.61	20.96	21.38	22.83
EBITDA Margin	8.32%	9.28%	8.41%	6.91%	5.72%	6.04%
D&A For EBITDA	3.75	4.19	5.07	6.6	6.42	7.46
EBIT	21.18	24.07	18.54	14.36	14.96	15.37
EBIT Margin	7.07%	7.90%	6.60%	4.73%	4.00%	4.06%
Effective Tax Rate	39.10%	40.20%	39.10%	44.67%	45.11%	56.79%
Advertising Expenses	-	2.19	2.38	3.36	4.77	4.61

Updated Aug 7, 2012. Source: S&P Global Market Intelligence. Standard template. Financial Sources.