Company profile

Ticker
LEG
Exchange
Website
CEO
Karl G. Glassman
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
IRS number
440324630

LEG stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

5 Nov 19
9 Dec 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Sep 19 Jun 19 Mar 19 Dec 18
Revenue 1.32B 1.3B 1.24B 1.13B
Net income 99.6M 86.2M 61.2M 53M
Diluted EPS 0.74 0.64 0.45 0.39
Net profit margin 7.53% 6.65% 4.93% 4.69%
Operating income* 85.5M
Net change in cash -47.7M 26.4M -4.8M -95.4M
Cash on hand 242M 289.7M 263.3M 268.1M
Cost of revenue 963.8M 943.5M 922.1M 833.5M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 4.6B 4.24B 4.13B 4.38B
Net income 305.9M 292.6M 385.8M 325.1M
Diluted EPS 2.26 2.13 2.76 2.28
Net profit margin 6.65% 6.90% 9.35% 7.42%
Operating income* 445.1M 475.4M 525.5M 486.8M
Net change in cash -258M 244.2M 28.7M -79.6M
Cash on hand 268.1M 526.1M 281.9M 253.2M
Cost of revenue 3.38B 3.06B 2.85B 2.99B

Financial data from company earnings reports. *Asterisk values are approximate.

Financial report summary

?
Competition
ITCITC
Management Discussion
  • Sales were $1,239 million in the current quarter, a 14% increase versus the same quarter last year. Acquisitions added 16% to sales growth in the quarter. Same location sales decreased 2%, from 1% lower volume and 1% from the combination of raw material-related selling price deflation and negative currency impact. Business we exited in connection with the 2018 Restructuring Plan reduced sales 4% in the quarter.
  • Earnings Per Share (EPS) increased to $.74 in the current year, versus $.67 in the third quarter of 2018, primarily from earnings contributions from acquired businesses, lower raw material costs (including LIFO benefit), improved performance in Furniture Products and a lower effective tax rate, partially offset by restructuring-related charges and higher interest expense.
  • Earnings Before Interest and Taxes (EBIT) increased 16%, to $144 million, primarily from earnings contributions from acquired businesses net of amortization expense, lower raw material costs and improved earnings performance in Furniture Products, partially offset by restructuring-related charges of $4 million and other smaller items.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Good
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Removed: actively, Audit, began, delay, extension, failure, integrating, led, modestly, personnel, realizing, recur, retain, sustained