American Science and Engineering

American Science and Engineering is a global provider of threat and contraband detection solutions for ports, borders, military, critical infrastructure, law enforcement, and aviation. The Company offers proven, advanced, X-ray inspection systems to combat terrorism, drug smuggling, illegal immigration and trade fraud. AS&E systems are designed in a variety of configurations for cargo and vehicle inspection, parcel inspection, and personnel screening. Using a combination of technologies, these systems provide superior detection capabilities, with high-energy, dual-energy, and Z Backscatter X-rays.
Type
Subsidiary
Parent Company
OSI Systems
HQ
Billerica, US
Founded
1958
Website
as-e.com
American Science and Engineering was founded in 1958 and is headquartered in Billerica, US

American Science and Engineering Office Locations

American Science and Engineering has an office in Billerica
Billerica, US (HQ)
829 Middlesex Turnpike

American Science and Engineering Data and Metrics

American Science and Engineering Summary

Founding Date

1958
American Science and Engineering is a subsidiary of OSI Systems

American Science and Engineering Financial Metrics

American Science and Engineering's revenue was reported to be $103 m in FY, 2016
USDFY, 2014FY, 2015FY, 2016

Revenue

190.2 m126.8 m103 m

Revenue growth, %

(33%)(19%)

R&D expense

21.7 m

General and administrative expense

29.8 m

Operating expense total

53.9 m56.1 m51.6 m

EBIT

22.8 m1.2 m(5.3 m)

EBIT margin, %

12%1%(5%)

Interest expense

53 k18 k18 k

Pre tax profit

22.7 m1 m

Income tax expense

7.6 m68 k(2.3 m)

Net Income

15.1 m979 k(3.2 m)
USDQ2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016

General and administrative expense

6.9 m8.4 m8.2 m9.1 m7.6 m8.3 m6.8 m7.7 m8.1 m

Operating expense total

6.9 m8.4 m8.2 m9.1 m7.6 m8.3 m6.8 m7.7 m8.1 m

EBIT

7.1 m2.3 m2.3 m(5.9 m)3.8 m(733 k)831 k(1.4 m)77 k

Interest expense

(14 k)(13 k)(10 k)(9 k)(4 k)(10 k)(9 k)(4 k)

Pre tax profit

7.1 m2.3 m2.2 m(5.9 m)3.8 m(792 k)714 k(1.4 m)79 k

Income tax expense

2.4 m786 k733 k(2 m)1.3 m(277 k)250 k(931 k)25 k

Net Income

4.7 m1.6 m1.5 m(3.9 m)2.6 m(515 k)464 k(464 k)54 k
USDFY, 2014FY, 2015FY, 2016

Cash

62.1 m68.8 m81.6 m

Inventories

32.9 m41 m38.4 m

Current Assets

245.4 m177.7 m155.9 m

Total Assets

265.5 m193.1 m171.2 m

Accounts Payable

10.6 m7.2 m5.3 m

Current Liabilities

62.5 m41.2 m34.8 m

Total Liabilities

40.1 m

Additional Paid-in Capital

35.2 m3.3 m1.8 m

Retained Earnings

156.9 m142.3 m124.6 m

Total Equity

197.4 m150.4 m131.1 m

Financial Leverage

1.3 x1.3 x1.3 x
USDQ2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016

Cash

86.5 m66 m50.1 m39.8 m45.7 m61.1 m79.3 m87.2 m74.1 m

Inventories

50.8 m50.1 m38.1 m45.2 m42.8 m37.3 m38.3 m39.6 m39.5 m

Current Assets

254.3 m251.5 m238.1 m225.3 m205.4 m166.8 m166.6 m163.8 m152.5 m

Total Assets

279.1 m274.5 m257.2 m244.2 m222.8 m181.1 m180.2 m178.1 m168.5 m

Accounts Payable

11.2 m8.9 m7.5 m3.9 m6.8 m4.1 m4.7 m5.2 m5.6 m

Current Liabilities

76.5 m73.3 m57.4 m52.2 m51.2 m33.9 m34.3 m36.9 m35.7 m

Additional Paid-in Capital

31.4 m33.6 m36.1 m37.9 m20.1 m1.4 m2.1 m2.9 m2.1 m

Retained Earnings

159.3 m156.9 m154.4 m146.5 m145.1 m138.2 m135 m130.9 m121 m

Total Equity

195.9 m195.7 m195.7 m189.6 m170.2 m144.4 m141.9 m138.6 m127.9 m

Financial Leverage

1.4 x1.4 x1.3 x1.3 x1.3 x1.3 x1.3 x1.3 x1.3 x
USDFY, 2014FY, 2015FY, 2016

Net Income

15.1 m979 k(3.2 m)

Depreciation and Amortization

5.3 m4.6 m3.6 m

Accounts Receivable

(5.8 m)12.2 m2.6 m

Inventories

13.8 m(8.3 m)1.8 m

Accounts Payable

2.2 m(3.4 m)(1.9 m)

Cash From Operating Activities

32.5 m(11.1 m)8.4 m

Purchases of PP&E

(1.8 m)

Cash From Investing Activities

16.6 m60.7 m22.9 m

Cash From Financing Activities

(27.4 m)(42.9 m)(18.5 m)

Interest Paid

53 k18 k18 k

Income Taxes Paid

8.7 m5.1 m205 k
USDQ2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016

Net Income

4.7 m1.6 m1.5 m(3.9 m)2.6 m(515 k)464 k(464 k)54 k

Depreciation and Amortization

653 k

Accounts Receivable

(2.8 m)

Inventories

(1.1 m)

Accounts Payable

11.2 m8.9 m7.5 m3.9 m4.1 m4.7 m5.2 m223 k

Cash From Operating Activities

(2.2 m)

Cash From Investing Activities

(269 k)

Cash From Financing Activities

(5 m)

Traffic Overview of American Science and Engineering

American Science and Engineering Online and Social Media Presence

American Science and Engineering News and Updates

BRIEF-AS&E says to be acquired by OSI Systems for $37/shr

* Says evercore is serving as financial advisor and provided a fairness opinion to as&e.

American Science and Engineering Company Life and Culture

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