REGAL BELOIT CORP company info

CIK 82811
IRS Number 390875718
State of incorporation WI
Business address 200 STATE ST
None
BELOIT
WI
53511
Mail address 200 STATE STREET
None
BELOIT
WI
53511-6254

Short summary

REGAL BELOIT CORP is a Wisconsin company, with head office located at 200 State St Beloit, Wisconsin 53511. The company achieved a record breaking net income last year - 231.20 million USD. This is 8.54% higher than one reported in 2017. In 2018 the company owned a total of 4.71 billion USD worth of assets, including 1.84 billion USD worth of current assets. 2014 was the year when the company amassed the most assets.

REGAL BELOIT CORP Income Statement

Name [in Millions USD]200720082009201020112012201320142015201620172018Trends
Cost of Goods and Services Sold 2,359.502,476.702,681
Gross Profit 500.68424.22549.35666771783.20797.30933.20865884.10964.60
Research and development 10.4021.8028.5028.3032.9030.1029.5029.9029.30
Operating Expenses 270.25264.70311.62410.30458.20494.20516.30596.80542.50552.50599.40
Operating Income (Loss) 230.43159.52237.74255.70312.80208121.50252.80322.50330.10347
Interest expense 32.6523.2819.5831.1044.5042.4039.1060.2058.7056.1055.20
Other Nonoperating Income (Expense) -4.20-1.90-1
Income Tax Expense (Benefit) 70.3539.2866.0568.3069.6044.5054.2048.4057.1059.1056.40
Net income 125.5395.05149.38152.30195.6012031143.30203.40213231.20

REGAL BELOIT CORP Balance Sheet

Name [in Millions USD]200720082009201020112012201320142015201620172018Trends
Cash and cash equivalents 42.57290.55258.14259.46190.90462.70445.30229.70249.10243.70175.60248.60
Accounts Receivable, Net, Current 240.72393.37525512.30565.20582.50498.10544.50607.70545.90
Inventories 268.84401.23583.90581.70659.40784.10756.80698.20785.30803.80
Deferred income taxes 30.6727.195153.504576.2098.3050.50
Property, Plant and Equipment, Gross 653.78737.90999.201,060.601,142.601,303.301,301.601,342.601,412.401,346.80
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 310.71341.48434.10492.30562.60588.50628.20705.30762.20738.30
Goodwill 663.92776.711,1391,142.701,121.401,561.101,472.401,4691,535.101,507.40
Intangible Assets, Net (Excluding Goodwill) 116.43116.22856.50768692.30676.60606.10
Other Assets, Noncurrent 9.4415.359.8012.4022.7034.5015.4013.8021.1023
Total assets 2,112.242,544.143,463.503,668.103,799.404,967.504,600.204,4834,634.704,705.90
Current assets 979.381,167.401,437.301,675.401,841.601,800.601,649.501,643.101,724.301,836.50
Accounts payable 161.90262.34341.70334.70364.50390.20338.50406.50438.60429.60
Standard Product Warranty Accrual 13.4012.582621.9017.6020.9017.5018.101716
Total current liabilities 309.07453.41616.80581.50761.90721.30581.90732.80768.10676.50
Long-term Debt, Excluding Current Maturities 468.07430.78899.80757.50608.801,875.601,699.301,199.501,235.101,213.20
Long-term Debt 436.89910.90768.607671,946.901,705.401,300.201,335.601,215.30
Deferred income taxes 72.4294.65111.20131145.20205.90106.40142.40143.80155.90
Common Stock, Value, Issued 0.370.390.400.400.500.400.400.400.400.40
Retained Earnings (Accumulated Deficit) 703.77859.741,047.201,1981,280.401,215.501,322.501,5251,704.401,851.80
Accumulated Other Comprehensive Income (Loss), Net of Tax -48.609.30-94.80-100.20-57.40-172.10-221.30-210.40-215.60-223.70

REGAL BELOIT CORP Cash Flow

Name [in Millions USD]200720082009201020112012201320142015201620172018Trends
Net income 125.5395.05149.38152.30195.6012031143.30203.40213231.20
Depreciation and amortization 69.1472.8798.24
Depreciation 45.9649.7352.92658284.409295.5093.408287.50
Amortization of Intangible Assets 19.402033.204444.1046.7063.906255.2054.90
Depreciation and amortization 98.2098.20126128.50138.70159.40155.40137.20142.40
Deferred Income Tax Expense (Benefit) 6.037.720.692.306.50-5.50-26.40-10.400.10-9.7013.20
Inventories 8.88-86.5956.37-21-40.9052.7055.40-11.10-100.408342.70
Accounts payable -22.55-39.3324.46-41.30-5.3044.506.90-22.307.6037.7041.10
Net Cash Provided by (Used in) Operating Activities 154.20314.92175.39265.30351.70305298.20384.30442.30291.90362.70
Payments to Acquire Property, Plant, and Equipment 52.2133.6044.9957.609182.7083.6092.2065.2065.2077.60
Payments to Acquire Businesses, Net of Cash Acquired 49.701.50211.92765.90110.4038.40128.201,401.4000161.50
Net Cash Provided by (Used in) Investing Activities -99.67-151.62-194.70-752.10-197.60-125.40-204.90-1,487.60-19.60-57.80-227.90
Proceeds from Issuance of Long-term Debt 165.2005000001,2500.200.30900.20
Proceeds from Issuance of Common Stock 150.370202.9000
Payments for Repurchase of Common Stock 4.19003512045.10127.80
Payments of Ordinary Dividends, Common Stock 19.4321.6125.1027.6030.8035.1037.8040.2042.1044.5047.20
Net Cash Provided by (Used in) Financing Activities -31.4232.92-70.30455.7077.10-90.90-2181,036.60-376.80-390.60-17.70
Cash and Cash Equivalents, Period Increase (Decrease) 22.68197.17-87.89-31.90232.7090.70-131.90-81.2031.60-144.90109