This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Hexcel Reports 2012 Second Quarter Results

(b) FX effect is the estimated impact on “as reported” net sales due to changes in foreign currency exchange rates.

Hexcel Corporation and Subsidiaries
Segment Information   (Unaudited) Table B
(In millions)   Composite Materials (b)   Engineered Products   Corporate & Other (a)(b)   Total
Second Quarter 2012                        
Net sales to external customers   $ 316.7   $ 82.5   $   $ 399.2
Intersegment sales     14.9       0.2       (15.1 )      
Total sales 331.6 82.7 (15.1 ) 399.2
Operating income (loss) 80.9 11.7 (18.7 ) 73.9
% Operating margin 24.4 % 14.1 % 18.5 %
 
Other operating (income) expense (b) (14.5 ) 5.0 (9.5 )
Depreciation and amortization 13.3 1.0 14.3
Stock-based compensation expense 0.9 0.1 2.0 3.0
Accrual based additions to capital expenditures     67.0       2.6       0.2       69.8  
Second Quarter 2011                  
Net sales to external customers $ 276.8 $ 76.9 $ $ 353.7
Intersegment sales     13.9       0.2       (14.1 )      
Total sales 290.7 77.1 (14.1 ) 353.7
Operating income (loss) (b) 48.5 11.9 (11.0 ) 49.4
% Operating margin 16.7 % 15.4 % 14.0 %
 
Depreciation and amortization 12.8 1.0 13.8
Stock-based compensation expense 0.9 0.1 1.4 2.4
Accrual based additions to capital expenditures     28.4       1.5             29.9  

First Six Months 2012

                       
Net sales to external customers $ 632.9 $ 166.4 $ $ 799.3
Intersegment sales     30.8       0.3       (31.1 )      
Total sales 663.7 166.7 (31.1 ) 799.3
Operating income (loss) 146.7 23.5 (35.7 ) 134.5
% Operating margin 22.1 % 14.1 % 16.8 %
 
Other operating (income) expense (b) (14.5 ) 5.0 (9.5 )
Depreciation and amortization 26.2 2.1 28.3
Stock-based compensation expense 3.0 0.5 7.0 10.5
Accrual based additions to capital expenditures     110.6       3.7       0.2       114.5  
First Six Months 2011                  
Net sales to external customers $ 533.1 $ 152.2 $ $ 685.3
Intersegment sales     27.8       0.5       (28.3 )      
Total sales 560.9 152.7 (28.3 ) 685.3
Operating income (loss) 98.3 24.4 (26.1 ) 96.6
% Operating margin 17.5 % 16.0 % 14.1 %
 
Other operating (income) expense (b) (5.7 ) (5.7 )
Depreciation and amortization 25.7 2.1 0.1 27.9
Stock-based compensation expense 2.5 0.4 5.9 8.8
Accrual based additions to capital expenditures     52.7       2.4             55.1  

(a) We do not allocate corporate expenses to the operating segments.

5 of 8

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,162.99 +121.45 0.67%
S&P 500 2,123.48 +19.28 0.92%
NASDAQ 5,106.5930 +73.8420 1.47%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs