Kaman Corporation (KAMN) financial statements (2021 and earlier)

Company profile

Business Address 1332 BLUE HILLS AVE
BLOOMFIELD, CT 06002
State of Incorp. CT
Fiscal Year End December 31
SIC 508 - Machinery, Equipment, And Supplies (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments472283741161210
Cash and cash equivalents472283741161210
Receivables165303316237242235206
Inventory, net of allowances, customer advances and progress billings156295357365357351390
Inventory156295367394386360390
Progress payments netted against inventory for long-term contracts or programs  (11)(29)(29)(9)
Contract with customer, asset122109
Capitalized contract cost66
Income taxes receivable2
Other current assets16332727323026
Other undisclosed current assets  1129293430
Total current assets:936773748699676662665
Noncurrent Assets
Finance lease, right-of-use asset6
Operating lease, right-of-use asset15
Property, plant and equipment140184185177176148149
Intangible assets, net (including goodwill)249436469464497333293
Goodwill195345352338353239204
Intangible assets, net (excluding goodwill)53911171261459489
Capitalized contract cost, net611
Other noncurrent assets37322628252323
Other undisclosed noncurrent assets29242859673510
Total noncurrent assets:482687708728765539475
TOTAL ASSETS:1,4191,4601,4551,4261,4411,2011,141
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities157260230221220209208
Accounts payable71159128117121117119
Accrued liabilities38555360594854
Employee-related liabilities43474843404234
Taxes payable5021031
Deferred revenue43
Debt49812051715
Customer advances and deposits913112
Contract with customer, liability29
Other undisclosed current liabilities     (7)5
Total current liabilities:204298246354237222228
Noncurrent Liabilities
Long-term debt and lease obligation199284392297436271265
Long-term debt, excluding current maturities182284392297436271265
Finance lease, liability6
Operating lease, liability12
Liabilities, other than long-term debt, including:56544745514647
Pension and other postretirement defined benefit plans, liabilities86
Deferred tax liabilities, net    34
Liability, pension and other postretirement and postemployment benefits97105127156159142
Other undisclosed liabilities, other than long-term debt(41)(51)(80)(112)(108)(99)(43)
Total noncurrent liabilities:255338439342487317312
Total liabilities:459637685695724539540
Temporary equity, carrying amount   2   
Stockholders' equity
Stockholders' equity attributable to parent823633636566543518511
Common stock30302928282827
Treasury stock, value(105)(72)(51)(37)(22)(9)(8)
Additional paid in capital228200185171157146134
Accumulated other comprehensive loss(151)(135)(116)(156)(140)(126)(81)
Retained earnings821610588560521480439
Total stockholders' equity:823633636566543518511
Other undisclosed liabilities and equity13719113516317414590
TOTAL LIABILITIES AND EQUITY:1,4191,4601,4551,4261,4411,2011,141

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues7621,8751,8061,8081,7751,7951,682
Revenue, net1,8061,8081,7751,7951,682
Cost of revenue
(Cost of Goods and Services Sold)
(521)(1,325)(1,258)(1,259)(1,258)(1,287)(1,215)
Gross profit:241550547549517508467
Operating expenses(181)(449)(431)(443)(413)(409)(378)
Other undisclosed operating income (loss)(6)(18)(3)  1112
Operating income:5383114106105111100
Nonoperating income (expense)1121(0)(3)(1)(0)
Net periodic defined benefits expense (reversal of expense), excluding service cost component012
Other nonoperating income (expense)001(0)(3)(1)(0)
Interest and debt expense(17)(20)(21)(16)(13)(13)(13)
Income from continuing operations before equity method investments, income taxes:37759490889787
Other undisclosed income from continuing operations before income taxes4      
Income from continuing operations before income taxes:41759490889787
Income tax expense (benefit)16(21)(45)(31)(28)(31)(31)
Income from continuing operations:56545059606657
Loss from discontinued operations     (3) 
Net income:56545059606357
Other undisclosed net income (loss) attributable to parent153    (5)0
Net income available to common stockholders, diluted:210545059605857

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:56545059606357
Other comprehensive income (loss)(3)4(8)(2)(7)45(40)
Comprehensive income:545842565310816
Other undisclosed comprehensive income (loss), net of tax, attributable to parent163(23)48(14)(6)(95)81
Comprehensive income, net of tax, attributable to parent:217359043471398

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: