Computeruser.com
Latest News

Sensata Technologies Holding N.V. Announces Second Quarter 2011 Results

Netherlands July 20, 2011

  • $455.0 million $391.8 million
  • $92.2 million $0.51 $77.5 million $0.44
  • $(34.6) million $(0.20) $82.5 million $0.46
  • June 30, 2011 $287.1 million

June 30, 2011

http://photos.prnewswire.com/prnh/20070227/CLTU192LOGO

June 30, 2011

$455.0 million $63.2 million $391.8 million Japan $25 million $(34.6) million $(0.20) $82.5 million $0.46 $92.2 million $0.51 $77.5 million $0.44

June 30, 2011 $899.3 million $130.3 million $768.9 million June 30, 2010 June 30, 2011 $(44.2) million $(0.25) June 30, 2010 $109.8 million $0.66 June 30, 2011 $183.3 million $1.01 June 30, 2010 $146.6 million $0.88

Tom Wroe

$28.3 million

June 30, 2011 $287.1 million $39.3 million $18.8 million $152.7 million $1.1 billion $700 million

June 30, 2010

$12.5 million $4.5 million $8.1 million

June 30, 2011 $1.84 billion $1.55 billion

Robert Hureau

Guidance

$470 million to $490 million $383.3 million $0.17 – $0.21 $90 million to $96 million $0.49 – $0.53

$1.87 billion to $1.93 billion $1.54 billion $50 million $0.11 to $0.21 $365 million to $383 million $2.01 to $2.11

( 1 ) See Non-GAAP Measures for discussion of Adjusted net income which includes a reconciliation of this measure to Net (loss) / income.

(2) Net debt represents total indebtedness including capital lease and other financing obligations, less cash and cash equivalents.  The Net leverage ratio represents net debt divided by Pro Forma Adjusted EBITDA for the last twelve months.  Pro Forma Adjusted EBITDA assumes the acquired Magnetic Speed and Position business had been in the results for the last twelve months.

Company Earnings Conference Call

8:00 AM eastern time June 30, 2011 http://investors.sensata.com

http://investors.sensata.com

About Sensata Technologies Holding N.V.

www.sensata.com

Safe Harbor Statement

Japan www.sec.gov

SENSATA TECHNOLOGIES HOLDING N.V.

Condensed Consolidated Statements of Operations

(Unaudited)

($ in 000s)

For the three months ended

For the six months ended

June 30,
2011

June 30,
2010

June 30,
2011

June 30,
2010

Net revenue

$455,038

$391,806

$899,267

$768,943

Operating costs and expenses:

Cost of revenue

284,749

240,590

561,994

473,373

Research and development

12,077

6,211

20,844

11,141

Selling, general and administrative

45,586

38,740

90,030

116,631

Amortization of intangible assets & capitalized software

34,709

36,078

68,961

72,214

Restructuring

1,086

(490)

1,733

209

Total operating costs and expenses

378,207

321,129

743,562

673,568

Profit from operations

76,831

70,677

155,705

95,375

Interest expense, net

(24,199)

(25,151)

(47,400)

(58,528)

Currency translation (loss) / gain and other, net

(74,714)

51,796

(115,358)

98,981

(Loss)/Income before taxes

(22,082)

97,322

(7,053)

135,828

Provision for income taxes

12,545

14,803

37,099

25,999

Net (loss) / income

$(34,627)

$82,519

$(44,152)

$109,829

Net (loss) / income per share:

Basic

$(0.20)

$0.48

$(0.25)

$0.68

Diluted

$(0.20)

$0.46

$(0.25)

$0.66

Weighted-average ordinary shares outstanding:

Basic

174,944

171,025

174,444

160,562

Diluted

174,944

177,804

174,444

167,194

SENSATA TECHNOLOGIES HOLDING N.V.

Condensed Consolidated Balance Sheets

(Unaudited)

($ in 000s)

June 30,

2011

December 31,
2010

Assets

Current assets:

    Cash and cash equivalents

$287,104

$493,662

    Accounts receivable, net of allowances

270,956

198,245

    Inventories

175,192

140,949

    Deferred income tax assets

6,730

6,566

    Prepaid expenses and other current assets

24,859

25,006

    Assets held for sale

238

559

    Total current assets

765,079

864,987

Property, plant and equipment, net

284,537

234,813

Goodwill

1,576,662

1,528,954

Other intangible assets, net

697,765

723,144

Deferred income tax assets

4,393

4,526

Deferred financing costs

28,590

25,742

Other assets

9,304

5,831

Total assets

$3,366,330

$3,387,997

Liabilities and shareholders’ equity

Current liabilities:

    Current portion of long-term debt, capital lease and other financing obligations

$13,665

$16,779

    Accounts payable

162,208

132,828

    Income taxes payable

6,706

6,855

    Accrued expenses and other current liabilities

102,237

94,030

    Deferred income tax liabilities

4,693

4,608

    Total current liabilities

289,509

255,100

Deferred income tax liabilities

209,230

179,089

Pension and post-retirement benefit obligations

25,745

43,021

Capital lease and other financing obligations, less current portion

44,804

39,544

Long-term debt, net of discount, less current portion

1,783,598

1,833,370

Other long-term liabilities

29,119

30,092

Leave a comment

seks shop - izolasyon
basic theory test book basic theory test