Sparton was founded in 1900 and is headquartered in Schaumburg, US

Sparton has offices in Schaumburg, Strongsville, Longmont, De Leon Springs and in 9 other locations

Schaumburg, US (HQ)

425 N. Martingale Road

Watertown, US

2920 Kelly Ave

Milpitas, US

1940 Milmont Dr

Vaughan, CA

4 Rowntree Dairy Rd

Pittsford, US

160 Office Park Way

Irvine, US

2602 McGaw Ave

Sparton's revenue was reported to be $95.4 m in Q3, 2017

USD

## Revenue (Q3, 2017) | 95.4 m |

## Gross profit (Q3, 2017) | 16.9 m |

## Gross profit margin (Q3, 2017), % | 18% |

## Net income (Q3, 2017) | (370 k) |

## EBIT (Q3, 2017) | 1.5 m |

## Market capitalization (15-Aug-2017) | 226.8 m |

## Cash (02-Apr-2017) | 1 m |

Sparton's current market capitalization is $226.8 m.

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

## Revenue | 336.1 m | 382.1 m | 419.4 m |

## Revenue growth, % | 14% | 10% | |

## Cost of goods sold | 307.5 m | 339.2 m | |

## Gross profit | 64.5 m | 74.7 m | 80.1 m |

## Gross profit Margin, % | 19% | 20% | 19% |

## General and administrative expense | 55.2 m | ||

## Operating expense total | 44.6 m | 57.4 m | 131.9 m |

## EBIT | 19.9 m | 17.3 m | (51.8 m) |

## EBIT margin, % | 6% | 5% | (12%) |

## Interest expense | 2.5 m | 3.8 m | |

## Interest income | 3 k | ||

## Pre tax profit | 15 m | (55.5 m) | |

## Income tax expense | 4 m | (17.2 m) | |

## Net Income | 13 m | 11 m | (38.3 m) |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2015^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2016^{} | Q1, 2016^{} | Q2, 2017^{} | Q3, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 77 m | 85.6 m | 93.1 m | 106.7 m | 103.5 m | 102.2 m | 100.4 m | 97.4 m | 95.4 m |

## Cost of goods sold | 64.2 m | 70.5 m | 74.4 m | 85.6 m | 85 m | 83.1 m | 83.1 m | 81.5 m | 78.5 m |

## Gross profit | 12.8 m | 15.2 m | 18.6 m | 21.1 m | 18.5 m | 19.1 m | 17.3 m | 15.9 m | 16.9 m |

## Gross profit Margin, % | 17% | 18% | 20% | 20% | 18% | 19% | 17% | 16% | 18% |

## R&D expense | 100 k | ||||||||

## General and administrative expense | 10.6 m | 10.8 m | 11.9 m | 13.6 m | 14.3 m | 13.7 m | 13.4 m | 13 m | 12.9 m |

## Operating expense total | 10.7 m | 10.8 m | 11.9 m | 13.6 m | 14.3 m | 13.7 m | 13.4 m | 13 m | 12.9 m |

## EBIT | 829 k | 2.7 m | 4.9 m | 4.5 m | 454 k | 2.7 m | 1.3 m | 221 k | 1.5 m |

## EBIT margin, % | 1% | 3% | 5% | 4% | 0% | 3% | 1% | 0% | 2% |

## Interest expense | (746 k) | (357 k) | (458 k) | (885 k) | (900 k) | (956 k) | (1.2 m) | (1.1 m) | (1.1 m) |

## Interest income | 2 k | 2 k | |||||||

## Pre tax profit | 231 k | 2.3 m | 4.5 m | 3.7 m | (412 k) | 1.7 m | 167 k | (857 k) | 475 k |

## Income tax expense | 35 k | 767 k | 318 k | 1.3 m | (680 k) | 612 k | 59 k | 50 k | 46 k |

## Net Income | 196 k | 1.6 m | 4.1 m | 2.4 m | 268 k | 1.1 m | 108 k | (799 k) | (370 k) |

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

## Cash | 8 m | 14.9 m | 132 k |

## Accounts Receivable | 137.9 m | ||

## Inventories | 2.7 m | 5.5 m | 5.8 m |

## Current Assets | 116.6 m | 175.6 m | 130.6 m |

## PP&E | 28.5 m | 32.6 m | 33.3 m |

## Goodwill | 28.2 m | 74.2 m | 12.7 m |

## Total Assets | 199 m | 337.6 m | 246 m |

## Accounts Payable | 16.5 m | 29.9 m | 38.3 m |

## Total Debt | 217 k | ||

## Current Liabilities | 41.1 m | 58.6 m | 62.4 m |

## Total Liabilities | 167.4 m | ||

## Additional Paid-in Capital | 19.5 m | 16 m | 16.4 m |

## Retained Earnings | 78.9 m | 89.9 m | 51.7 m |

## Total Equity | 116.9 m | 78.6 m | |

## Debt to Equity Ratio | 0 x | ||

## Debt to Assets Ratio | 0 x | ||

## Financial Leverage | 2.9 x | 3.1 x |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2015^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2016^{} | Q1, 2016^{} | Q2, 2017^{} | Q3, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 6.5 m | 3.2 m | 5.6 m | 2.2 m | 4.8 m | 834 k | 718 k | 589 k | 1 m |

## Current Assets | 112.5 m | 109 m | 125.5 m | 160.7 m | 150.2 m | 154.7 m | 122.6 m | 113.5 m | 119 m |

## PP&E | 29.3 m | 28.8 m | 29.8 m | 32.9 m | 33.8 m | 34 m | 32.9 m | 32.9 m | 33.8 m |

## Goodwill | 32 m | 37.9 m | 54.7 m | 72.5 m | 77.3 m | 76.8 m | 12.7 m | 12.7 m | 12.7 m |

## Total Assets | 207.1 m | 209.1 m | 243.5 m | 319.7 m | 312.4 m | 313.4 m | 234.8 m | 223.2 m | 227.5 m |

## Accounts Payable | 17.9 m | 16.1 m | 22.2 m | 26.5 m | 26.8 m | 38.3 m | 34.7 m | 29.8 m | 35.4 m |

## Current Liabilities | 47.7 m | 35.6 m | 44.4 m | 53.9 m | 51.2 m | 61.8 m | 52.5 m | 51.1 m | 53.6 m |

## Additional Paid-in Capital | 19.2 m | 15.5 m | 15.8 m | 16.5 m | 16.9 m | 16.1 m | 16.8 m | 17.7 m | 17.2 m |

## Retained Earnings | 79.1 m | 80.7 m | 84.8 m | 92.3 m | 92.6 m | 93.7 m | 51.8 m | 50.9 m | 51.3 m |

## Total Equity | 119.7 m | 120.3 m | 120.7 m | 79.1 m | 79.2 m | 79.2 m | |||

## Financial Leverage | 2.7 x | 2.6 x | 2.6 x | 3 x | 2.8 x | 2.9 x |

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

## Net Income | 13 m | 11 m | (38.3 m) |

## Depreciation and Amortization | 8.1 m | 6.6 m | 9.6 m |

## Accounts Receivable | 4.9 m | (7 m) | 23.8 m |

## Accounts Payable | (2.7 m) | (11.3 m) | 8 m |

## Cash From Operating Activities | 12.5 m | 4.5 m | 48.1 m |

## Purchases of PP&E | (3.5 m) | (5.8 m) | (6.1 m) |

## Cash From Investing Activities | (39 m) | (104.1 m) | (4.8 m) |

## Long-term Borrowings | (40.6 m) | (102.3 m) | |

## Cash From Financing Activities | 28.5 m | 106.5 m | (58.1 m) |

## Interest Paid | 631 k | 1.7 m | 3.5 m |

## Income Taxes Paid | 7.1 m | 7.2 m | 766 k |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2015^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2016^{} | Q1, 2016^{} | Q2, 2017^{} | Q3, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 196 k | 1.6 m | 4.1 m | 2.4 m | 268 k | 1.1 m | 108 k | (799 k) | (370 k) |

## Depreciation and Amortization | 1.3 m | 1.5 m | 1.5 m | 2.5 m | 2.5 m | 2.4 m | 2.2 m | 7.4 m | 11 m |

## Accounts Receivable | (637 k) | (1.3 m) | |||||||

## Accounts Payable | 17.9 m | 16.1 m | 22.2 m | (11.6 m) | (9.3 m) | ||||

## Cash From Operating Activities | 14.7 m | 15.5 m | |||||||

## Purchases of PP&E | (2.6 m) | (4.8 m) | |||||||

## Cash From Financing Activities | (11.6 m) | (9.8 m) | |||||||

## Interest Paid | 2 m | 2.4 m | |||||||

## Income Taxes Paid | 354 k | 553 k |

Y, 2017 | |
---|---|

## Financial Leverage | 2.9 x |