American Science and Engineering was founded in 1958 and is headquartered in Billerica, US

American Science and Engineering has an office in Billerica

Billerica, US (HQ)

829 Middlesex Turnpike

## Founding Date | 1958 |

American Science and Engineering is a subsidiary of OSI Systems

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

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|

## Revenue | 190.2 m | 126.8 m | 103 m |

## Revenue growth, % | (33%) | (19%) | |

## R&D expense | 21.7 m | ||

## General and administrative expense | 29.8 m | ||

## Operating expense total | 53.9 m | 56.1 m | 51.6 m |

## EBIT | 22.8 m | 1.2 m | (5.3 m) |

## EBIT margin, % | 12% | 1% | (5%) |

## Interest expense | 53 k | 18 k | 18 k |

## Pre tax profit | 22.7 m | 1 m | |

## Income tax expense | 7.6 m | 68 k | (2.3 m) |

## Net Income | 15.1 m | 979 k | (3.2 m) |

USD | Q2, 2013^{} | Q3, 2013^{} | Q1, 2014^{} | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} |
---|---|---|---|---|---|---|---|---|---|

## General and administrative expense | 6.9 m | 8.4 m | 8.2 m | 9.1 m | 7.6 m | 8.3 m | 6.8 m | 7.7 m | 8.1 m |

## Operating expense total | 6.9 m | 8.4 m | 8.2 m | 9.1 m | 7.6 m | 8.3 m | 6.8 m | 7.7 m | 8.1 m |

## EBIT | 7.1 m | 2.3 m | 2.3 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 m | 2.3 m | 2.2 m | (5.9 m) | 3.8 m | (792 k) | 714 k | (1.4 m) | 79 k |

## Income tax expense | 2.4 m | 786 k | 733 k | (2 m) | 1.3 m | (277 k) | 250 k | (931 k) | 25 k |

## Net Income | 4.7 m | 1.6 m | 1.5 m | (3.9 m) | 2.6 m | (515 k) | 464 k | (464 k) | 54 k |

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|

## Cash | 62.1 m | 68.8 m | 81.6 m |

## Inventories | 32.9 m | 41 m | 38.4 m |

## Current Assets | 245.4 m | 177.7 m | 155.9 m |

## Total Assets | 265.5 m | 193.1 m | 171.2 m |

## Accounts Payable | 10.6 m | 7.2 m | 5.3 m |

## Current Liabilities | 62.5 m | 41.2 m | 34.8 m |

## Total Liabilities | 40.1 m | ||

## Additional Paid-in Capital | 35.2 m | 3.3 m | 1.8 m |

## Retained Earnings | 156.9 m | 142.3 m | 124.6 m |

## Total Equity | 197.4 m | 150.4 m | 131.1 m |

## Financial Leverage | 1.3 x | 1.3 x | 1.3 x |

USD | Q2, 2013^{} | Q3, 2013^{} | Q1, 2014^{} | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 86.5 m | 66 m | 50.1 m | 39.8 m | 45.7 m | 61.1 m | 79.3 m | 87.2 m | 74.1 m |

## Inventories | 50.8 m | 50.1 m | 38.1 m | 45.2 m | 42.8 m | 37.3 m | 38.3 m | 39.6 m | 39.5 m |

## Current Assets | 254.3 m | 251.5 m | 238.1 m | 225.3 m | 205.4 m | 166.8 m | 166.6 m | 163.8 m | 152.5 m |

## Total Assets | 279.1 m | 274.5 m | 257.2 m | 244.2 m | 222.8 m | 181.1 m | 180.2 m | 178.1 m | 168.5 m |

## Accounts Payable | 11.2 m | 8.9 m | 7.5 m | 3.9 m | 6.8 m | 4.1 m | 4.7 m | 5.2 m | 5.6 m |

## Current Liabilities | 76.5 m | 73.3 m | 57.4 m | 52.2 m | 51.2 m | 33.9 m | 34.3 m | 36.9 m | 35.7 m |

## Additional Paid-in Capital | 31.4 m | 33.6 m | 36.1 m | 37.9 m | 20.1 m | 1.4 m | 2.1 m | 2.9 m | 2.1 m |

## Retained Earnings | 159.3 m | 156.9 m | 154.4 m | 146.5 m | 145.1 m | 138.2 m | 135 m | 130.9 m | 121 m |

## Total Equity | 195.9 m | 195.7 m | 195.7 m | 189.6 m | 170.2 m | 144.4 m | 141.9 m | 138.6 m | 127.9 m |

## Financial Leverage | 1.4 x | 1.4 x | 1.3 x | 1.3 x | 1.3 x | 1.3 x | 1.3 x | 1.3 x | 1.3 x |

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|

## Net Income | 15.1 m | 979 k | (3.2 m) |

## Depreciation and Amortization | 5.3 m | 4.6 m | 3.6 m |

## Accounts Receivable | (5.8 m) | 12.2 m | 2.6 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 m | 60.7 m | 22.9 m |

## Cash From Financing Activities | (27.4 m) | (42.9 m) | (18.5 m) |

## Interest Paid | 53 k | 18 k | 18 k |

## Income Taxes Paid | 8.7 m | 5.1 m | 205 k |

USD | Q2, 2013^{} | Q3, 2013^{} | Q1, 2014^{} | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 4.7 m | 1.6 m | 1.5 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 m | 8.9 m | 7.5 m | 3.9 m | 4.1 m | 4.7 m | 5.2 m | 223 k | |

## Cash From Operating Activities | (2.2 m) | ||||||||

## Cash From Investing Activities | (269 k) | ||||||||

## Cash From Financing Activities | (5 m) |

June 21, 2016

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