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TR Price Correlated With Financials For Tootsie Roll Industries

Free historical financial statements for Tootsie Roll Industries Inc. See how revenue, income, cash flow, and balance sheet financials have changed over 46 quarters since 2011. Compare with TR stock chart to see long term trends.

TR Stock Compared to Quarterly

TR Income Statement

Revenue, Net:143440000
Revenue Per Share:2.0805
Cost of Goods & Services Sold:95788000
Gross Profit:47652000
Selling, General & Admin Expense:20674000
Operating Income:26978000
Income Taxes:3860000
Net Income:11989000
Earnings Per Share, Basic:0.17
Shares Outstanding, Basic Avg:68945000

TR Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:4235000
Change in Accounts Receiveable:-7073000
Net Cash from Operations:-16190000
Net Cash from Operations Per Share:-0.2348
Repurchases/Buybacks Common Stock:3871000
Cash Dividends Paid:162000
Net Cash from Financing Activities:-4031000
Property, Plant & Equipment Purchases:4246000
Net Cash from Investing Activities:-19735000
Net Change in Cash & Equivalents:-40194000

TR Balance Sheet

Cash and Cash Equivalents:46983000
Short-Term Investments:76462000
Accounts Receivable, Net:44706000
Total Current Assets:280757000
Property, Plant & Equipment, Net:212130000
Total Assets:1001114000
Accounts Payable:21618000
Total Short-Term Liabilities:82474000

Major Holders (from 13F filings)

Investment Type
Value (x$1000)
increase or decrease
Blackrock Inc.
3,116,923 sh
94,964 sh
Vanguard Group Inc
1,794,021 sh
99,792 sh
Allspring Global Investments Holdings, LLC
1,039,461 sh
50,652 sh
Allspring Global Investments Holdings, LLC
988,809 sh
Dimensional Fund Advisors LP
763,762 sh
28,881 sh
Renaissance Technologies LLC
389,376 sh
19,129 sh
HFR Wealth Management, LLC
362,984 sh
7,404 sh
Proshare Advisors LLC
305,302 sh
1,651 sh
Geode Capital Management, LLC
301,347 sh
20,038 sh
Bank Of New York Mellon Corp
247,404 sh
2,792 sh
Invesco Ltd.
209,697 sh
146,701 sh
Northern Trust Corp
189,938 sh
-1,615 sh
Charles Schwab Investment Management Inc
125,061 sh
5,661 sh
Principal Financial Group Inc
117,891 sh
2,742 sh
UBS Group Ag
80,302 sh
6,173 sh
Morgan Stanley
78,403 sh
-32,626 sh
Rhumbline Advisers
47,428 sh
2,857 sh
Exchange Traded Concepts, LLC
41,763 sh
24,420 sh
Swiss National Bank
38,301 sh
3,415 sh
Marble Harbor Investment Counsel, LLC
34,004 sh
-1,527 sh
NOTE 1—SIGNIFICANT ACCOUNTING POLICIES: ​ Basis of consolidation: ​ The consolidated financial statements include the accounts of Tootsie Roll Industries, Inc. and its wholly-owned and majority-owned subsidiaries (the Company), which are primarily engaged in the manufacture and sales of candy products. Non-controlling interests relating to majority-owned subsidiaries are reflected in the consolidated financial statements and all significant intercompany transactions have been eliminated. Certain amounts previously reported have been reclassified to conform to the current year presentation. These reclassifications had no effect on previously reported net earnings. ​ The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. ​ Revenue recognition: ​ The Company’s revenues, primarily net product sales, principally result from the sale of goods, reflect the consideration to which the Company expects to be entitled, generally based on customer purchase orders. The Company records revenue based on a five-step model in accordance with Accounting Standards Codification ("ASC") Topic 606. Adjustments for estimated customer cash discounts upon payment, discounts for price adjustments, product returns, allowances, and certain advertising and promotional costs, including consumer coupons, are variable consideration and are recorded as a reduction of product sales revenue in the same period the related product sales are recorded. Such estimates are calculated using historical averages adjusted for any expected changes due to current business conditions and experience. A net product sale is recorded when the Company delivers the product to the customer, or in certain instances, the customer picks up the goods at the Company’s distribution centers, and thereby obtains control of such product. Amounts billed and due from our customers are classified as accounts receivables trade on the balance sheet and require payment on a short-term basis. Accounts receivable are unsecured. Shipping and handling costs of $55,289, $42,593, and $49,288 in 2021, 2020 and 2019, respectively, are included in selling, marketing and administrative expenses. A minor amount of royalty income (less than 0.2% of our consolidated net sales) is also recognized from sales-based licensing arrangements, pursuant to which revenue is recognized as the third-party licensee sales occur. Rental income (less than 1% of our consolidated net sales) is not considered revenue from contracts from customers. ​ Leases: ​ The Company identifies leases by evaluating its contracts to determine if the contract conveys the right to use an identified asset for a stated period of time in exchange for consideration. The Company considers whether it can control the underlying asset and has the right to obtain substantially all of the economic benefits or outputs from the asset. Leases with terms greater than 12 months are classified as either operating or finance leases at the commencement date.  For these leases, the Company capitalized the present value of the minimum lease payments over the lease terms as a right-of-use asset with an offsetting lease liability. The discount rate used to calculate the present value of the minimum lease payments is typically the Company’s incremental borrowing rate, as the rate implicit in the lease is generally not known or determinable. The lease term includes any noncancelable period for which the Company has the right to use the asset. Currently, all capitalized leases are classified as operating leases and the Company records lease expense on a straight-li

Data imported from Tootsie Roll Industries Inc SEC filings. Check original filings before making any investment decision.