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HAYN Price Correlated With Financials For Haynes International

Free historical financial statements for Haynes International Inc. See how revenue, income, cash flow, and balance sheet financials have changed over 44 quarters since 2011. Compare with HAYN stock chart to see long term trends.

HAYN Stock Compared to Quarterly

HAYN Income Statement

Revenue, Net:143810000
Revenue Per Share:11.4854
Cost of Goods & Services Sold:111889000
Gross Profit:31921000
Selling, General & Admin Expense:12098000
Research & Development Expense:1016000
Operating Income:19284000
Income Taxes:2948000
Net Income:16336000
Earnings Per Share, Basic:1.32
Shares Outstanding, Basic Avg:12521087

HAYN Cash Flow

Operating Activities Net Income:
Change in Accounts Receiveable:18398000
Net Cash from Operations:-21882000
Net Cash from Operations Per Share:-1.7476
Repurchases/Buybacks Common Stock:448000
Cash Dividends Paid:2743000
Net Cash from Financing Activities:25022000
Property, Plant & Equipment Purchases:3650000
Net Cash from Investing Activities:-3650000
Net Change in Cash & Equivalents:-998000

HAYN Balance Sheet

Cash and Cash Equivalents:8440000
Accounts Receivable, Net:94912000
Inventories:357556000
Total Current Assets:464422000
Property, Plant & Equipment, Net:142772000
Total Assets:632295000
Accounts Payable:54886000
Total Short-Term Liabilities:80879000
Total Liabilities:256807000

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Blackrock Inc.
2,209,065 sh
-23,904 sh
-1%
$77,585
$4,409
Edenbrook Capital, LLC
1,062,276 sh
20,784 sh
2%
$37,307
-$7,061
Dimensional Fund Advisors LP
978,584 sh
-10,783 sh
-1%
$34,368
$1,947
Royce & Associates Lp
776,278 sh
-22,705 sh
-3%
$27,263
$1,080
Vanguard Group Inc
737,658 sh
13,191 sh
2%
$25,907
$2,166
State Street Corp
553,764 sh
-275 sh
0%
$19,448
$1,292
Renaissance Technologies LLC
432,546 sh
-31,554 sh
-7%
$15,191
-$4,580
Mirae Asset Global Investments Co., Ltd.
317,207 sh
-45,068 sh
-12%
$11,140
-$732
Wellington Management Group Llp
245,845 sh
108,045 sh
78%
$8,634
$4,118
Wasatch Advisors Inc
242,862 sh
 
$8,529
Geode Capital Management, LLC
227,878 sh
-100 sh
0%
$8,003
$533
Brandywine Global Investment Management, LLC
211,763 sh
-25,131 sh
-11%
$7,437
-$326
Acadian Asset Management LLC
182,964 sh
12,321 sh
7%
$6,424
$833
Bank Of New York Mellon Corp
171,391 sh
3,902 sh
2%
$6,019
$530
Northern Trust Corp
121,683 sh
-21,772 sh
-15%
$4,274
-$1,837
Putnam Investments LLC
120,624 sh
-7,601 sh
-6%
$4,236
$34
Millennium Management LLC
113,464 sh
78,498 sh
224%
$3,985
$2,839
Rice Hall James & Associates, LLC
89,112 sh
5,785 sh
7%
$3,130
$399
Morgan Stanley
88,916 sh
4,717 sh
6%
$3,122
$362
Foundry Partners, LLC
85,315 sh
19,180 sh
29%
$2,996
$829
COMPANY PROFILE
Note 2.  Summary of Significant Accounting Policies A. Principles of Consolidation and Nature of Operations The consolidated financial statements include the accounts of Haynes International, Inc. and its wholly-owned subsidiaries. All intercompany transactions and balances are eliminated. The Company has manufacturing facilities in Kokomo, Indiana; Mountain Home, North Carolina; and Arcadia, Louisiana with service centers in LaPorte, Indiana; LaMirada, California; Houston, Texas; Windsor, Connecticut; Openshaw, England; Lenzburg, Switzerland; Shanghai, China; and sales offices in Paris, France; Singapore; Milan, Italy; and Tokyo, Japan. B. Cash and Cash Equivalents The Company considers all highly liquid investment instruments, including investments with original maturities of three months or less at acquisition, to be cash equivalents, the carrying value of which approximates fair value due to the short maturity of these investments. C. Accounts Receivable The Company maintains allowances for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments. The Company markets its products to a diverse customer base, both in the United States of America and overseas. Trade credit is extended based upon evaluation of each customer’s ability to perform its obligation, which is updated periodically. D. Revenue Recognition The Company recognizes revenue when performance obligations under the terms of customer contracts are satisfied which occurs when control of the goods has been transferred to the customer and services have been performed.  Allowances for sales returns are recorded as a component of net sales in the periods in which the related sales are recognized. The Company determines this allowance based on historical experience. Additionally, the Company recognizes revenue attributable to an up-front fee received from Titanium Metals Corporation (TIMET) as a result of a twenty-year agreement entered into on November 17, 2006 to provide conversion services to TIMET. See Note 16, Deferred Revenue for a description of accounting treatment relating to this up-front fee. E. Inventories Inventories are stated at the lower of cost or net realizable value. The cost of inventories is determined using the first-in, first-out (FIFO) method. The Company writes down its inventory for estimated obsolescence or unmarketable inventory in an amount equal to the difference between the cost of inventory and the estimated market or scrap value, if applicable, based upon assumptions about future demand and market conditions. F. Goodwill and Other Intangible Assets The Company has goodwill, trademarks, customer relationships and other intangibles as of September 30, 2021. As the customer relationships have a definite life, they are amortized over fifteen years. The Company reviews customer relationships for impairment whenever events or circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of the assets is measured by a comparison of the carrying amount of the asset to the undiscounted future cash flows expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated future cash flows, an impairment charge is recognized in the amount by which the carrying amount exceeds the fair value of the asset. Goodwill and trademarks (indefinite lived) are tested for impairment at least annually as of January 31 for goodwill and August 31 for trademarks (the annual impairment testing dates), or more frequently if impairment indicators exist. If the carrying value of the trademarks exceeds the fair value (determined using an income approach, based upon a discounted cash flow of an assumed royalty rate), impairment of the trademark may exist resulting in a charge to earnings to the extent of the impairment. The impairment test for goodwill is performed by comparing the fair value of a reporting unit with its carrying amount and recognizi

Data imported from Haynes International Inc SEC filings. Check original filings before making any investment decision.