MIRA INFORM REPORT

 

 

Report Date :

27.09.2011

 

IDENTIFICATION DETAILS

 

Name :

LANDAUER, INC.

 

 

Registered Office :

2 Science Road Glenwood, IL 60425

 

 

Country :

United States

 

 

Financials (as on) :

30.09.2010

 

 

Year of Establishment :

1987

 

 

Legal Form :

Public Parent

 

 

Line of Business :

Manufacture of instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

$50,000 (USD)

 

 

Status :

Good

 

 

Payment Behaviour :

Usually Correct

 

 

Litigation :

Clear

 

NOTES :

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – March 31st, 2011

 

Country Name

Previous Rating

(31.12.2010)

Current Rating

(31.03.2011)

United States

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Company name And address

 

Landauer, Inc.

                                                                                                                                                 

 

2 Science Road

 

 

Glenwood, IL 60425

United States

Map

 

Tel:

708-755-7000

Fax:

708-755-7016

Toll Free:

800-323-8830

 

www.landauer.com

 

Employees:

540

Company Type:

Public Parent

Corporate Family:

9 Companies

Traded:

New York Stock Exchange:

LDR

Incorporation Date:

1987

Auditor:

PricewaterhouseCoopers LLP

Financials in:

USD (Mil)

 

 

Fiscal Year End:

30-Sep-2010

Reporting Currency:

US Dollar

Annual Sales:

114.4  1

Net Income:

23.7

Total Assets:

150.7  2

Market Value:

437.8

 

(09-Sep-2011)

                                     

Business Description       

 

Landauer, Inc. (Landauer) is a provider of technical and analytical services to determine occupational and environmental radiation exposure. The Company is domestic provider of outsourced medical physics services. The Company operates in two segments: Radiation Monitoring and Medical Physics. The Company has provided radiation dosimetry services to hospitals, medical and dental offices, universities, national laboratories, nuclear facilities and other industries. Landauer's services include the manufacture of radiation detection monitors, the distribution and collection of the monitors to and from customers, and the analysis and reporting of exposure findings. In addition to providing analytical services, the Company leases or sells dosimetry detectors and reading equipment to customers. Medical physics services are provided through the Company's Global Physics Solutions, Inc. (GPS) subsidiary. For the three months ended 31 December 2010, Landauer,Inc.'s revenues increased 4% to $28.4M. Net income increased 13% to $5.8M. Revenues reflect an increase in income from Radiation monitoring and higher income from Medical Physics segment. Net income also reflect an increase in operating income, Higher Equity in income of joint venture, an increase in other income and lower income tax expenses.

 

 

          

Industry                                                                                                                               

 

Industry

Scientific and Technical Instruments

ANZSIC 2006:

2419 - Other Professional and Scientific Equipment Manufacturing

NACE 2002:

3320 - Manufacture of instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment

NAICS 2002:

334519 - Other Measuring and Controlling Device Manufacturing

UK SIC 2003:

3320 - Manufacture of instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment

US SIC 1987:

3829 - Measuring and Controlling Devices, Not Elsewhere Classified

 

 

                              

Key Executives   (Emails Available)    

                   

 

Name

Title

William E. Saxelby

President, Chief Executive Officer, Director

Michael T. Leatherman

Interim Chief Financial Officer

R. Craig Yoder

Senior Vice President - Marketing and Technology

Emil Plecko

Director of Information Systems

Richard E. Bailey

Senior Vice President - Operations; President & CEO of Global Physics Solutions Inc

   

Significant Developments                                                                                                                

 

Topic

#*

Most Recent Headline

Date

Negative Earnings Pre-Announcement

1

Landauer, Inc. Issues FY 2011 Guidance; Net Income Below Analysts' Estimates

7-Dec-2010

Officer Changes

1

Landauer, Inc. Appoints Michael T. Leatherman As Interim Chief Financial Officer

25-Aug-2011

Other Pre-Announcement

3

Landauer, Inc. Sees FY 2011 Guidance At Low End Of Prior Range

9-Aug-2011

Dividends

4

Landauer, Inc. Declares Regular Cash Dividend

26-Aug-2011

* number of significant developments within the last 12 months

 

             

News      

 

Title

Date

DJ Egypt's GASC Buys 240,000 Tons Of Russian Wheat For Shipment Dec. 11-20
OsterDowJones (116 Words)

22-Sep-2011

CONTRACT AWARD - 66-- Combination & Miscellaneous Instruments
FedBizOpps (101 Words)

21-Sep-2011

DJ Khlib Investbud To Quadruple Ukraine Grain Exports Despite Duties
OsterDowJones (454 Words)

14-Sep-2011

WHO'S WHO IN CHICAGO BUSINESS 2011; Financial Services.
Crain's Chicago Business (IL) (4807 Words)

5-Sep-2011

Paid Notice: Deaths SKURNICK, NETTIE
New York Times (86 Words)

2-Sep-2011

     

Financial Summary                                                                                                     

 

As of 30-Jun-2011

Key Ratios

Company

Industry

Current Ratio (MRQ)

0.86

2.15

Quick Ratio (MRQ)

0.71

1.49

Debt to Equity (MRQ)

0.15

0.39

Sales 5 Year Growth

8.74

12.74

Net Profit Margin (TTM) %

20.59

11.13

Return on Assets (TTM) %

16.06

8.07

Return on Equity (TTM) %

29.15

16.21

 

 

 

 

 

Stock Snapshot                                    

 

Traded: New York Stock Exchange: LDR

 

As of 9-Sep-2011

   Financials in: USD

Recent Price

46.47

 

EPS

2.67

52 Week High

69.48

 

Price/Sales

3.83

52 Week Low

44.03

 

Dividend Rate

2.20

Avg. Volume (mil)

0.05

 

Price/Earnings

24.16

Market Value (mil)

437.83

 

Price/Book

5.58

 

 

 

Beta

0.84

 

Price % Change

Rel S&P 500%

4 Week

1.13%

3.29%

13 Week

-16.39%

-7.93%

52 Week

-21.20%

-24.61%

Year to Date

-22.51%

-15.57%

 

 

2 Year Weekly End Price & Volume

1 - Profit & Loss Item Exchange Rate: USD 1 = USD 1
2 - Balance Sheet Item Exchange Rate: USD 1 = USD 1

 

 

Corporate Overview

 

Location
2 Science Road
Glenwood, IL, 60425
Cook County
United States

 

Tel:

708-755-7000

Fax:

708-755-7016

Toll Free Tel:

800-323-8830

 

www.landauer.com

Quote Symbol - Exchange

LDR - New York Stock Exchange

Sales USD(mil):

114.4

Assets USD(mil):

150.7

Employees:

540

Fiscal Year End:

30-Sep-2010

 

Industry:

Scientific and Technical Instruments

Incorporation Date:

1987

Company Type:

Public Parent

Quoted Status:

Quoted

 

President, Chief Executive Officer, Director:

William E. Saxelby

 

Company Web Links

Corporate History/Profile

Executives

Financial Information

 

Home Page

Investor Relations

News Releases

 

Products/Services

Contents

·         Industry Codes

·         Business Description

·         Product Codes

·         Financial Data

Market Data

Key Corporate Relationships

Additional Information

Industry Codes

 

ANZSIC 2006 Codes:

2419

-

Other Professional and Scientific Equipment Manufacturing

6240

-

Financial Asset Investing

6925

-

Scientific Testing and Analysis Services

 

NACE 2002 Codes:

3320

-

Manufacture of instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment

7430

-

Technical testing and analysis

7415

-

Management activities of holding companies

 

NAICS 2002 Codes:

551112

-

Offices of Other Holding Companies

541380

-

Testing Laboratories

334519

-

Other Measuring and Controlling Device Manufacturing

 

US SIC 1987:

8734

-

Testing Laboratories

6719

-

Offices of Holding Companies, Not Elsewhere Classified

3829

-

Measuring and Controlling Devices, Not Elsewhere Classified

 

UK SIC 2003:

7430

-

Technical testing and analysis

3320

-

Manufacture of instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment

7415

-

Management activities of holding companies

 

 

Business Description

Landauer, Inc. (Landauer) is a provider of technical and analytical services to determine occupational and environmental radiation exposure. The Company is domestic provider of outsourced medical physics services. The Company operates in two segments: Radiation Monitoring and Medical Physics. The Company has provided radiation dosimetry services to hospitals, medical and dental offices, universities, national laboratories, nuclear facilities and other industries. Landauer's services include the manufacture of radiation detection monitors, the distribution and collection of the monitors to and from customers, and the analysis and reporting of exposure findings. In addition to providing analytical services, the Company leases or sells dosimetry detectors and reading equipment to customers. Medical physics services are provided through the Company's Global Physics Solutions, Inc. (GPS) subsidiary.

In November 2009, Landauer completed the acquisition of GPS. GPS is a nationwide service provider of clinical physics support, equipment commissioning and accreditation support and imaging equipment testing. In June 2010, Landauer, through its GPS subsidiary, completed the acquisition of Upstate Medical Physics (UMP), a provider of imaging physics services in New York. In November 2009, Landauer completed the acquisition of Gammadata Matteknik AB (GDM), a Swedish provider of radon measurement services. GDM provides measurement services throughout the Scandinavian region and Europe. In October 2009, Landauer completed the acquisition of dosimetry service in Sweden, called Landauer Persondosimetri AB (PDM).

The Radiation Monitoring revenues are realized from radiation monitoring services and other services incidental to radiation dose measurement. The Company enters into agreements with customers to provide them with radiation monitoring services, for a 12 month period. As part of its services, the Company provides to its customers radiation detection badges, which are produced and owned by the Company. The badges are worn for a period selected by the customers (wear period), which is usually one, two, or three months in duration. At the end of the wear period, the badges are returned to the Company for analysis. The Company analyzes the badges that have been worn and provides its customers with a report indicating their radiation exposures. The Company recycles certain badge components for reuse, while also producing replacement badges on a continual basis.

The Company offers its service for measuring the dosages of x-ray, gamma radiation and other penetrating ionizing radiations, to which the wearer has been exposed, through badges, which contain optically stimulated luminescent (OSL) material, which are worn by customer personnel. This technology is marketed under the trade names Luxel+ and InLight. A component of the Company's dosimetry system is OSL crystal material. The Company's base OSL material is manufactured utilizing a process to create aluminum oxide crystals in a structure that is able to retain charged electrons following the crystal's exposure to radiation.

Landauer's InLight dosimetry system provides in-house and commercial laboratories with the ability to provide in-house radiation monitoring services using OSL technology. InLight services involve a customer acquiring or leasing dosimetry devices, as well as analytical reading equipment from the Company. The InLight system allows customers the flexibility to tailor their dosimetry needs. Landauer's operations include services for the measurement and monitoring of radon gas. The Company offers a service, which provides radon monitoring and, when necessary, remediation to purchasers of personal residences. Testing requires the customer to deploy a radon detector and return the detector to the Company's laboratories for dose determination and reporting. The Company assists with remediation services on properties where radon measurements exceed a specified threshold.

The Company competes with Mirion Technologies

 

More Business Descriptions

Landauer, Inc. (Landauer) is a provider of technical and analytical services to determine occupational and environmental radiation exposure. The Company is domestic provider of outsourced medical physics services. The Company operates in two segments: Radiation Monitoring and Medical Physics. The Company has provided radiation dosimetry services to hospitals, medical and dental offices, universities, national laboratories, nuclear facilities and other industries. Landauer's services include the manufacture of radiation detection monitors, the distribution and collection of the monitors to and from customers, and the analysis and reporting of exposure findings. In addition to providing analytical services, the Company leases or sells dosimetry detectors and reading equipment to customers. Medical physics services are provided through the Company's Global Physics Solutions, Inc. (GPS) subsidiary. For the three months ended 31 December 2010, Landauer,Inc.'s revenues increased 4% to $28.4M. Net income increased 13% to $5.8M. Revenues reflect an increase in income from Radiation monitoring and higher income from Medical Physics segment. Net income also reflect an increase in operating income, Higher Equity in income of joint venture, an increase in other income and lower income tax expenses.

 

Establishments primarily engaged in manufacturing measuring and controlling devices, not elsewhere classified, including meteorological instruments. Important products of this industry are physical properties testing equipment, nuclear radiation detection and monitoring instrumentation, aircraft engine instruments (except flight), and liquid-in-glass and bimetal thermometers. Also included in this industry are establishments primarily engaged in manufacturing surveying and drafting instruments, such as alidades, transits, sextants, theodolites, slide rules, and T- squares.

 

Landauer, established in 1954, is one of the leading providers of radiation analysis, data management and dosimetry services to hospitals, medical and dental offices, university and national laboratories, and nuclear power plants throughout the United States. It offers radiation and radon gas monitoring services, and record keeping of exposure findings used in determining exposure to occupational and environmental radiation hazards to the employees. The company manufactures and markets radiation detection monitors, RadTrak radon detection systems, and Inlight instrumentation and controls. It also provides optically stimulated luminescent badges for measuring the intensity of x-ray, gamma radiation, and other penetrating ionizing radiations. Landauer is headquartered in Glenwood, Ill., and has branches in Canada, Japan, Brazil, China, the United Kingdom, Australia, and France.

 

Provider of NVLAP accredited radiation dosimetry services to measure x-ray, beta, gamma radiation, and neutrons. Also a provider of radon gas detection services. Manufacturer of dosimeters, radon monitors and OSL, TLD, and neutron badges. Products and services are provided to hospitals, medical and dental offices, university and national laboratories, and other industries where radiation poses a potential threat to employees.

 

 

 

 

 

 

Product Codes

Product Code

Product Description

ENV-AN-A

Radon analyzers

ENV-SV-AR

Radiation dosimetry services

ENV-SV-AR

Radon measurement services

MED-MO-X

Neutron badges

MED-MO-X

TLD badges

TAM-ME-MR

Radon monitors

TAM-ME-MR

Neutron badges

 

 

 

 

 

 

Financial Data

 

Financials in:

USD(mil)

 

Revenue:

114.4

Net Income:

23.7

Assets:

150.7

Long Term Debt:

0.0

 

Total Liabilities:

71.9

 

Working Capital:

0.0

 

 

 

Date of Financial Data:

30-Sep-2010

 

1 Year Growth

21.9%

1.3%

20.4%

 

Market Data

Quote Symbol:

LDR

Exchange:

New York Stock Exchange

Currency:

USD

Stock Price:

46.5

Stock Price Date:

09-09-2011

52 Week Price Change %:

-21.2

Market Value (mil):

437,828.2

 

SEDOL:

2879714

ISIN:

US51476K1034

 

Equity and Dept Distribution:

Common Stock $.10 Par, 12/10, 20M auth., 9,481,043 issd. Insiders own 1.79%. PO: 1/88, Spun-off of Tech/Ops, Inc. as a separate Co. Basis: 1-for-1. 1/92 & 12/88, 2-for-1 splits. FY'92 & FY'90 include $.40 and $.50 special dividends. *NOTE: 1/02, Exchange changed from AMEX to NYSE.

 

 

Key Corporate Relationships

Auditor:

PricewaterhouseCoopers LLP

 

Auditor:

PricewaterhouseCoopers LLP

 

 

 

 

 

 

 

 

 

Additional information

 

ABI Number:

000108217

 

 

 

 

 

Location

2 Science Rd
Glenwood, IL 60425-1586
United States

 

County:

Cook

MSA:

Chicago, IL

 

Phone:

708-755-7000

Fax:

708-755-7016

Toll Free:

800-323-8830

URL:

http://landauer.com

 

 

Annual Sales:

$93,827,000 (USD)

Employees:

540

 

Facility Size(ft2):

40,000+

Facility Own/Lease:

Own

 

Business Type:

Public

Location Type:

Headquarter

 

Ticker:

LDR

Exchange:

NYSE

   

 

RECOMMENDED CREDIT LIMIT *

   $50,000 (USD)

 

 

Primary Line of Business:

SIC:

3829-98 - Measuring/Controlling Devices NEC (Mfrs)

NAICS:

334519 - Other Measuring & Controlling Device Mfg

Secondary Lines of Business:

NAICS:

541613 - Marketing Consulting Svcs

 

423830 - Industrial Machinery Merchant Whols

SICs:

3841-04 - Physicians & Surgeons Equip & Supls-Mfrs

 

5084-30 - Radioactivity Instruments Supls/Svc-Whls

 

8731-11 - Environmental & Ecological Services

 

8734-19 - Radon Testing & Correction

 

8742-13 - Marketing Programs & Services

 

541710 - Physical, Engineering, & Biological Research

 

339112 - Surgical & Medical Instrument Mfg

 

541380 - Testing Laboratories

 

 

Table of Contents

 

Profile Links

Similar Businesses in the Area

Closest Neighbors

Disclaimer

External Links

http://landauer.com

 

Stock Quote (LDR)

 

 

 

Similar Businesses in the Area *

 

Cubic Transportation Systems
500 N Michigan Ave Ste: 300
Chicago, IL 60611-3775

Addresso Manufacturing Co
9150 Gage Ave
Franklin Park, IL 60131-2104

Midwest Water Controls
6805 Forest Ave
Gary, IN 46403-1280

Deslauriers Inc
1245 Barnsdale Rd
La Grange Park, IL 60526-1276

Specialty Controls Inc
7150 Olcott Ave
Hammond, IN 46323-2042

Aviation Supply Co
2030 N Raynor Ave Ste: B
Crest Hill, IL 60403-2393

Technics Inc
8194 S Cass Ave
Darien, IL 60561-5013

Thermo Electron Corp
642 Blackhawk Dr
Westmont, IL 60559-1116

Wilkens-Anderson Co
4525 W Division St
Chicago, IL 60651-1674

Mescon Technologies Inc
9502 Gulfstream Rd
Frankfort, IL 60423-2520

 

 

 

 

   * 

Similar Businesses are defined as the closest businesses sharing the same six-digit primary SIC code ( 3829-98 - Measuring/Controlling Devices NEC (Mfrs)) regardless of size.

 

Closest Neighbors

 

Glenwood Village Public Works
1 Asselborn Way
Glenwood, IL 60425-1400

Jackson Hewitt Tax Services
103 W Holbrook Rd
Glenwood, IL 60425-1555

PCA Intl
103 W Holbrook Rd
Glenwood, IL 60425-1555

Guaranty Bank
103 W Holbrook Rd
Glenwood, IL 60425-1555

SUBWAY
103 W Holbrook Rd
Glenwood, IL 60425-1555

Home Buyer's Preferred Inc
2 Science Rd
Glenwood, IL 60425-1531

Glenwood Roller Rink
19200 Glenwood Chicago Hts Rd
Glenwood, IL 60425-1512

Walmart
103 W Holbrook Rd
Glenwood, IL 60425-1555

 

 

 

Corporate Structure News

 

Landauer, Inc.

Landauer, Inc.
Total Corporate Family Members: 9
Excluded Small Branches and/or Trading Addresses: 4 (Available via export)

 

 

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

Landauer, Inc.

Parent

Glenwood, IL

United States

Scientific and Technical Instruments

114.4

540

Sapra-Landauer Ltda

Subsidiary

São Carlos

Brazil

Business Services

 

60

Beijing Landauer Radiation

Subsidiary

Beijing

China

Scientific and Technical Instruments

1.0

 

Global Physics Solutions

Subsidiary

Fairborn, OH

United States

Business Services

 

 

HomeBuyer's Preferred Inc

Subsidiary

Glenwood, IL

United States

Business Services

 

 

 

 

Landauer, Inc.

 

Competitors Report

 

CompanyName

Location

Employees

Ownership

AmbiCom Holdings, Inc.

Carson City, Nevada, United States

10

Public

CDEX Inc.

Tucson, Arizona, United States

6

Public

Universal Detection Technology

Beverly Hills, California, United States

3

Public

 

 

 

Executives Report

 

 

Board of Directors

 

Name

Title

Function

Robert J. Cronin

View Email

Independent Chairman of the Board

Chairman

 

Mr. Robert J. Cronin is Independent Chairman of the Board of Landauer Inc. Since 2001, Managing Partner, The Open Approach LLC, a provider of consulting services and investment banking to the printing industry. From November 2005 to April 2006, Chairman and Chief Executive Officer, York Label, Inc., a supplier of pressure-sensitive labels and related systems. Until January 2000, Chairman of the Board and Chief Executive Officer of Wallace Computer Services; previously President, Chief Executive Officer and Director; now retired. Wallace Computer Services is a provider of information management products, services and solutions.

Gail de Planque

 

Director

Director/Board Member

 

William G. Dempsey

View Email

Independent Director

Director/Board Member

 

 

Mr. William G. Dempsey is an Independent Director of Landauer Inc. Since 2007, retired and serving as Director of various public and rivate companies and charitable foundations. From 1982 to 2007, arious senior leadership positions with Abbott Laboratories ncluding Executive Vice President, Global Pharmaceuticals from 2006 o 2007. Abbott Laboratories is a global, broad-based health care ompany devoted to discovering new medicines, new technologies and ew ways to manage health. From 1977 to 1982, various positions with ciaky Bros., a manufacturer of high tech electron beam, laser elding and heat treating systems.


Education

BS Accounting, DePaul University

David E. Meador

 

Independent Director

Director/Board Member

 

 

 

Mr. David E. Meador is an Independent Director of Landauer Inc. Since 2001, Chief Financial Officer and Executive Vice President at DTC Energy. From 1997 to 2001, Vice President and Controller, DTE Energy. DTE Energy provides safe, reliable electric and natural gas services to Michigan businesses and homes and has energy related businesses and services nationwide. From 1983 to 1997, served in a variety of financial and accounting positions at Chrysler Corporation. Mr. Meador began his professional career with Coopers and Lybrand and is a Certified Public Accountant.


Education

MBA , Wayne State University
B Accounting, Wayne State University

Stephen C. Mitchell

 

Independent Director

Director/Board Member

 

 

 

Mr. Stephen C. Mitchell is an Independent Director of Landauer Inc. Since 2001, President, Knight Group LLC, a privately held firm providing services for the start-up and management of new ventures. Since 1995, Vice Chairman and Director, Knight Facilities Management, Inc., a company providing outsourcing of facilities management services for industrial and commercial clients worldwide. Until 2001, President, Chief Operating Officer and Director, Lester B. Knight & Associates, Inc., a company involved in the planning, design and construction of advanced technology research and development and manufacturing facilities.

Richard R. Risk

 

Director

Director/Board Member

 

William E. Saxelby

 

President, Chief Executive Officer, Director

Director/Board Member

 

 

Mr. William E. Saxelby is President, Chief Executive Officer, Director of Landauer Inc. Since 2005, President and Chief Executive Officer, Landauer, Inc. From 2003 to 2005, Mr. Saxelby provided consulting services to certain private equity firms. From 1999 to 2003, President and Chief Executive Officer, Medical Research Laboratories, Inc., a manufacturer of defibrillators. From 1996 to 1999, Corporate Vice President, Allegiance Healthcare, a spin-off of Baxter International. From 1978 to 1996, Mr. Saxelby held executive and non-executive positions with Baxter International and its American Hospital Supply subsidiary.


Compensation/Salary: 542,720

Garen Staglin

 

Director

Director/Board Member

 

Thomas M. White

 

Independent Director

Director/Board Member

 

 

Mr. Thomas M. White is an Independent Director of Landauer Inc. Since 2007, Operating Partner in the distribution and transportation industries for Apollo Management L.P., a private equity firm. From November 2009 to November 2010, Chief Financial Officer of SkyLink Aviation, Inc., an Apollo owned entity in Canada. During 2009, Mr. White served as interim Chief Financial Officer of CEVA Group, plc, an Apollo owned entity based in the Netherlands. From 2002 to 2007, Mr. White served as Chief Financial Officer and Treasurer of Hub Group, Inc., a NASDAQ listed company providing logistics services. Prior to joining Hub Group, Mr. White was a partner with Arthur Andersen LLP, which he joined in 1979. Mr. White is a Certified Public Accountant.


Education

M Business Administration, Purdue University
BBA Accounting, Western Michigan University

 

Executives

 

Name

Title

Function

William E. Saxelby

 

President, Chief Executive Officer, Director

Chief Executive Officer

 

Mr. William E. Saxelby is President, Chief Executive Officer, Director of Landauer Inc. Since 2005, President and Chief Executive Officer, Landauer, Inc. From 2003 to 2005, Mr. Saxelby provided consulting services to certain private equity firms. From 1999 to 2003, President and Chief Executive Officer, Medical Research Laboratories, Inc., a manufacturer of defibrillators. From 1996 to 1999, Corporate Vice President, Allegiance Healthcare, a spin-off of Baxter International. From 1978 to 1996, Mr. Saxelby held executive and non-executive positions with Baxter International and its American Hospital Supply subsidiary.


Compensation/Salary: 542,720

Richard E. Bailey

 

Senior Vice President - Operations; President & CEO of Global Physics Solutions Inc

Operations Executive

 

 

 

Mr. Richard E. Bailey is Senior Vice President - Operations of Landauer Inc and President and Chief Executive Officer of Global Physics Solutions Inc. Mr. Bailey became President and Chief Executive Officer of GPS in June 2010. He was elected to his position as Senior Vice President - Operations in May 2006. Prior to joining the Company, he was President and Chief Operating Officer of Dean Foods Company and held senior executive positions with Philip Morris Company, Kraft Foods, Inc., and Total Logistic Control.


Compensation/Salary: 205,586

Karen Kalman

 

Administrator

Administration Executive

 

Gary Stevens

View Email

Engineer Security

Security

 

Robert Benoit

View Email

Director of Finance

Finance Executive

 

Michael T. Leatherman

 

Interim Chief Financial Officer

Finance Executive

 

 

Mr. Michael T. Leatherman is Interim Chief Financial Officer, Acting Principal Financial and Accounting Officer, Independent Director of Landauer Inc. He has been appointed as Interim Chief Financial Officer, Acting Principal Financial and Accounting Officer effective September 9, 2011. He has been a Director of the Company since 2008. Since 2000, Mr. Leatherman has served as an Independent Consultant, primarily to the information technology industry. Mr. Leatherman is a Certified Public Accountant and previously served as the Chief Financial Officer of Wallace Computer Services, Inc., which prior to its acquisition by Moore Corporation was a NYSE-listed company.


Education

BA Business Administration, Elmhurst College

Loretta Burns

View Email

Tax Manager

Corporate Tax Executive

 

Joann Doherty

View Email

Controller

Controller

 

Kathy Bober

View Email

Manager-Human Resources

Human Resources Executive

 

A Kawaters

View Email

Director of Sales

Sales Executive

 

Amy Cosler

View Email

Marketing

Marketing Executive

 

Inid Deneau

View Email

Manager-Marketing

Marketing Executive

 

R. Craig Yoder

View Email

Senior Vice President - Marketing and Technology

Marketing Executive

 

 

Dr. R. Craig Yoder is Senior Vice President - Marketing and Technology of Landauer Inc. Dr. Yoder was elected to his position in February 2001, after serving as the Company's Vice President of Operations since 1994 and Technology Manager since joining the Company in 1983. Prior to joining the Company, he was a member of the senior technical staff at Pennsylvania Power and Light, and at Battelle Pacific Northwest Laboratory.


Compensation/Salary: 249,305

Deborah Czmiel

View Email

Information Technology

Information Executive

 

Linda Harbison

View Email

Director of Information Technology Solutions

Information Executive

 

Greg Izta

 

Information Systems

Information Executive

 

Doug King

View Email

Chief Information Officer

Information Executive

 

Keith Nush

View Email

Infrastructure

Information Executive

 

Emil Plecko

 

Director of Information Systems

Information Executive

 

Steven Przybylowski

View Email

Database Administrator

Information Executive

 

Jim Robb

 

Applications

Information Executive

 

Shiegfred Romero

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Director Software Engineering

Engineering/Technical Executive

 

Cliff Yahnke

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Director of Technology and One

Engineering/Technical Executive

 

Jon Soelke

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Plant Manager

Facilities Executive

 

Denise Evans

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Manager-Purchasing

Purchasing Executive

 

Mark Maksel

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Medical Manager

Medical Specialist

 

Jonathon M. Singer

 

 

Other

 

 

Mr. Jonathon M. Singer has resigned as Chief Financial Officer, Senior Vice President, Treasurer, Secretary of Landauer Inc., effective September 9, 2011. Mr. Singer joined the Company in October 2006 as Senior Vice President, Treasurer, Secretary, and Chief Financial Officer. Previously, he served as Vice President Global Finance, Chief Financial Officer for the Medical segment of Teleflex Incorporated. From 2004 to 2005, he served as Vice President, Strategy and Business Development for Teleflex's Medical segment. From 1998 through 2004, he worked in a number of positions within the Medical Products and Services business segment of Cardinal Health, Inc., most recently as its Vice President, Strategy and Business Development.


Compensation/Salary: 290,403

 

 

Significant Developments

 

 

 

 

Landauer, Inc. Declares Regular Cash Dividend

Aug 26, 2011


Landauer, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.55 per share for the fourth quarter of fiscal 2011. The dividend will be paid on October 4, 2011, to shareholders of record on September 9, 2011.

Landauer, Inc. Appoints Michael T. Leatherman As Interim Chief Financial Officer

Aug 25, 2011


Landauer, Inc. announced that its Board of Directors has appointed, Michael T. Leatherman, as the Company's Interim Chief Financial Officer, as well as its acting principal financial officer and principal accounting officer, effective September 9, 2011. Leatherman succeeds Jonathon Singer, who had served as CFO since October 2006 and has left the Company in order to accept the Chief Financial Officer (CFO) Position with Sagent Pharmaceuticals, Inc.

Landauer, Inc. Sees FY 2011 Guidance At Low End Of Prior Range

Aug 09, 2011


Landauer, Inc. announced that it expects fiscal 2011 consolidated revenue to be in the range of $120-$126 million, including $4 to $8 million in sales to the U.S. military and first responder markets. The Company anticipated reported net income for fiscal 2011 in the range of $24 to $26 million. Accordingly, the Company anticipates revenue and net income for fiscal 2011 to be at the low end of the guidance ranges. According to I/B/E/S Estimates, analysts are expecting the Company to report net profit of $26 million on revenues of $123 million for fiscal 2011.

Landauer, Inc. Declares Regular Cash Dividend

May 27, 2011


Landauer, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.55 per share for the third quarter of fiscal 2011. The dividend will be paid on July 5, 2011, to shareholders of record on June 10, 2011.

Landauer, Inc. Reaffirms FY 2011 Guidance

May 03, 2011


Landauer, Inc. reaffirmed its fiscal 2011 guidance for consolidated revenue to be in the range of $120 to $126 million, including $4 to $8 million in sales to the U.S. military and first responder markets. Military and first responder market sales are dependent on military and other governmental appropriations and approvals which have yet to be obtained. There can be no assurance that such appropriations and approvals can be obtained in fiscal 2011 or that orders will result immediately following any such appropriation or approval. The business plan anticipates spending of $10 to $12 million to support the completion of the Company's systems initiative, with $2 to $3 million being expensed in the current fiscal year. Based upon the above assumptions, the Company anticipates reported net income for fiscal 2011 in the range of $24 to $26 million. According to Reuters Estimates, analysts are expecting the Company to report net profit of $25 million on revenues of $123 million for fiscal 2011.

Landauer, Inc. Declares Regular Cash Dividend

Feb 25, 2011


Landauer, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.55 per share for the second quarter of fiscal 2011. The dividend will be paid on April 1, 2011, to shareholders of record on March 11, 2011.

Landauer, Inc. Reaffirms FY 2011 Guidance

Feb 01, 2011


Landauer, Inc. announced that for fiscal 2011, it expects consolidated revenue to be in the range of $120-$126 million, including $4 to $8 million in sales to the U.S military and first responder markets. The business plan anticipates spending of $10 to $12 million to support the completion of the Company's systems initiative and the related post implementation support, with $2 to $3 million being expensed in the current fiscal year. Based upon the above assumptions, the Company expects net income for fiscal 2011 in the range of $24-$26 million. According to Reuters Estimates, analysts on an average are expecting the Company to report net profit of $26 million on revenues of $124 million for fiscal 2011.

Landauer, Inc. Issues FY 2011 Guidance; Net Income Below Analysts' Estimates

Dec 07, 2010


Landauer, Inc. announced that for fiscal 2011, it expects aggregate revenue to be in the range of $120-$126 million, including $4 to $8 million in sales to the U.S. military and first responder markets. The business plan anticipates spending of $10 to $12 million, with $2 to $3 million of expense spending to support the successful completion of the Company's systems initiative and the related post implementation support. Based upon the above assumptions, the Company expects net income for fiscal 2011 in the range of $24-$26 million. According to Reuters Estimates, analysts on an average were expecting the Company to report net profit of $28 million on revenues of $121 million for fiscal 2011.

Landauer, Inc. Increases Regular Cash Dividend And Declares First Quarter Payment

Nov 26, 2010


Landauer, Inc. announced that its Board of Directors increased the regular quarterly cash dividend to $0.55 per share for the first quarter of fiscal 2011. This increase represents an annual rate of $2.20 per share compared with $2.15 last year. The dividend will paid on January 3, 2011, to shareholders of record on December 10, 2010.

 

 

 

 

DJ Egypt's GASC Buys 240,000 Tons Of Russian Wheat For Shipment Dec. 11-20

OsterDowJones: 22 September 2011
[What follows is the full text of the news story.]

 

By Matt Bradley

   Of DOW JONES NEWSWIRES

CAIRO, Sep 22, 2011 (Dow Jones Commodities News via Comtex) -- Egypt's state-owned wheat buyer, the General Authority for Supply Commodities, Thursday said it bought a total of 240,000 metric tons of Russian wheat for shipment Dec. 11-20.

GASC bought 60,000 tons of wheat from Louis Dreyfus for $261.44 a ton and 60,000 tons of wheat from Aston at $263.25/ton, according to GASC officials.

GASC also purchased 60,000 tons of wheat from Nidera at $263.25/ton and 60,000 tons of wheat from Bunge Ltd. (BG) at $263.25/ton.

-By Matt Bradley, Dow Jones Newswires; +20188750572; matt.bradley@dowjones.com

(END) Dow Jones Newswires

09-22-111012ET



CONTRACT AWARD - 66-- Combination & Miscellaneous Instruments
66 - Instruments & laboratory equipment

FedBizOpps: 21 September 2011
[What follows is the full text of the news story.]

 

Notice Type: CONTRACT AWARD

Posted Date: 20-SEP-11

Office: Army Contracting Command

Location: ACC-RSA - (MISSILE)

Office Address: DEPARTMENT OF THE ARMY, ARMY CONTRACTING COMMAND, ACC-RSA - (MISSILE), US AMCOM CONTRACTING CENTER

Classification Code: 66 - Instruments & laboratory equipment

Subject: 66-- Combination & Miscellaneous Instruments

Solicitation Number: none listed

Award Number: W31P4Q11P0431

Award Amount: $1,985,000.00

Line Number: 0001

Award Date: 092011

Awardee: LANDAUER, INC., 2 SCIENCE RD, GLENWOOD, IL 60425-1586

Archive: 10052011

Contact: NICHOLAS KIRBY, (256) 842-7404 OR BEN D GUYSE, (256) 842-7685 MAILTO:NICHOLAS.KIRBY@US.ARMY.MIL [US ARMY CONTRACTING COMMAND]

Internet Link: https://www.fbo.gov/notices/d03f6238e7d3e852ebe0489772322b2f



WHO'S WHO IN CHICAGO BUSINESS 2011; Financial Services.

Crain's Chicago Business (IL): 05 September 2011
[What follows is the full text of the news story.]

 

CARL S. ALLEGRETTI Chairman, CEO Deloitte Tax LLP, Chicago Age: 50 Business: Professional services Revenue (millions): $10,938.0 (Deloitte LLP)

Professional: Economic Club; Illinois CPA Society; Indiana CPA Society; American Institute of Certified Public Accountants

Civic: Chicago Boys and Girls Clubs; United Way of Metropolitan Chicago; Project Torch; Frankfort Youth Athletic Assn.

CHARLES M. ALLEN CEO Crowe Horwath LLP, Oakbrook Terrace Age: 57 Business: Professional services Revenue (millions): $498.4

Professional: Center for Audit Quality; Crowe Horwath International; Illinois CPA Society; American Institute of Certified Public Accountants

Civic: Junior Achievement

JOHN P. AMBOIAN Chairman, CEO Nuveen Investments, Chicago Age: 50 Business: Investment management Assets under management (millions): $195,000.0 Professional: Investment Committee Institute Civic: Children's Memorial Hospital; North Shore Country Day School; Booth School of Business

ANTHONY K. "TONY" ANDERSON Vice-chairman, Midwest region managing partner Ernst & Young LLP, Chicago Age: 55 Business: Assurance, advisory, tax and transaction services Revenue (millions): $21,255.0 (includes international membership firms)

Professional: American Institute of Certified Public Accountants; California Institute of Certified Public Accountants; Illinois Institute of Certified Public Accountants; National Assn. of Black Accountants

Civic: Civic Committee of the Commercial Club; Metropolis Strategies; Chicago Council on Global Affairs; Perspectives Charter Schools

HOWARD B. BERNICK President Bernick Advisory Ltd., Chicago Age: 59 Business: Private investments Assets under management (millions): Not available

Professional: Mead Johnson Nutrition Co.; Duchossois Group Inc.; Chief Executives Organization; YPO-WPO; Economic Club

Civic: Commercial Club; Weizmann Institute of Science; Field Museum; Juvenile Diabetes Research Foundation

CHARLES K. BOBRINSKOY Vice-chairman, director of research Ariel Investments LLC Co-portfolio manager Ariel Focus Fund, Chicago Age: 52 Business: Investment management Assets under management (millions): $5,466.9

Professional: Economic Club; InnerWorkings Inc.; Financial Accounting Standards Advisory Council

Civic: Commercial Club; Museum of Science and Industry; La Rabida Children's Foundation; After School Matters; Big Shoulders Fund

DEBORAH A. BRICKER President, CEO Bricker Partners LLC, Chicago Age: 59 Business: Private-equity investing, business consulting Assets under management (millions): Not available Civic: Chicago Public Library Foundation; Goodman Theatre; After School Matters

GARY P. BRINSON President G. P. Brinson Investments, Chicago Age: 67 Business: Private investor Assets under management (millions): Not available

Professional: Economic Club; Chartered Financial Analysts Institute; CFA Society of Chicago; Financial Analysts Journal

Civic: Brinson Foundation; Horatio Alger Assn.; Eisenhower Medical Center; America's Foundation for Chess

WILLIAM J. BRODSKY Chairman, CEO CBOE Holdings Inc., Chicago Age: 67 Business: Options exchange Revenue (millions): $437.1

Professional: Integrys Energy Group Inc.; Federal Reserve Bank of New York; International Options Markets Assn.; World Federation of Exchanges

Civic: Civic Committee of the Commercial Club; Syracuse University; Northwestern Memorial Hospital; Kellogg School of Management; Council on Foreign Relations, New York

CAROLE L. BROWN Senior managing director Siebert Brandford Shank & Co. LLC, Chicago Age: 47 Business: Municipal underwriting Revenue (millions): Not available

Professional: Economic Club; Auto Club Group; Chicago Network; Executives' Club; National Assn. of Securities Professionals

Civic: Steppenwolf Theatre Company; Rush University Medical Center; Illinois Council Against Handgun Violence; Chicago High School for the Arts; Metropolitan Planning Council

KATHLEEN BROWN Chairman, Goldman Sachs Investment Banking, Midwest region Goldman Sachs Group Inc., Chicago Age: 65 Business: Investment management Assets under management (millions): $840,000.0 Professional: Forestar Real Estate Group; Council on Foreign Relations Civic: Chicago Network; California Women's Foundation

PETER C. B. BYNOE Partner, chief operating officer Loop Capital Markets LLC Senior counsel DLA Piper US LLP, Chicago Age: 60 Business: Equity and fixed-income brokerage services Revenue (millions): $1,026.0 (DLA Piper US LLP) Professional: Covanta Holding Corp.; Telemat Ltd.; Frontier Communications Corp. Civic: Goodman Theatre; Rush University Medical Center; Core Center

JOHN P. CALAMOS SR. Chairman, CEO, co-chief investment officer Calamos Asset Management Inc., Naperville Age: 71 Business: Investment firm Assets under management (millions): $35,414.0 Professional: Investment Analysts Society of Chicago; Economic Club; Executives' Club Civic: Benedictine University; IIT; National Hellenic Museum; Choose DuPage

PHILIP A. CANFIELD Principal GTCR LLC, Chicago Age: 43 Business: Private-equity firm Assets under management (millions): $8,000.0 Civic: Booth School of Business; Latin School of Chicago

JOHN A. CANNING JR. Chairman Madison Dearborn Partners LLC, Chicago Age: 67 Business: Private-equity investing Assets under management (millions): $17,500.0

Professional: Corning Inc.; Exelon Corp.; Milwaukee Brewers Baseball Club; TransUnion LLC

Civic: Children's Inner City Educational Fund; Northwestern University; Northwestern Memorial Hospital; Big Shoulders Fund; Museum of Science and Industry

PAUL J. CARBONE Director Baird Private Equity Managing director Robert W. Baird & Co., Chicago Age: 50 Business: Private equity and asset management Assets under management (millions): $2,700.0* (Baird Private Equity) Professional: Illinois Venture Capital Assn.

Civic: University of Chicago; Lyric Opera; Wendy Will Case Cancer Fund Inc.; University of Wisconsin Carbone Cancer Center

CHARLES P. CAREY Former vice-chairman CME Group Inc., Chicago Age: 58 Business: Global derivatives exchange Revenue (millions): Not applicable

Professional: Commodity Markets Council; Henning & Carey Trading Co.; Union League Club; CME Group Foundation

Civic: CBOT Foundation; Chicagoland Sports Hall of Fame

STEPHEN M. CHIPMAN CEO Grant Thornton LLP, Chicago Age: 49 Business: Audit, tax and advisory services Revenue (millions): $1,085.7 (U.S. operations)

Professional: Center for Audit Quality; Chicago Council on Global Affairs; Economic Club; Chicago Club; Executives' Club; Mid-America Club

Civic: Ravinia Festival; United Way of Metropolitan Chicago

JEROME J. CLAEYS III Chairman Heitman LLC, Chicago Age: 68 Business: Real estate advisory and investment management Assets under management (millions): $25.0

Professional: National Assn. of Real Estate Investment Managers; National Council of Real Estate Investment Fiduciaries; Real Estate Roundtable; Pension Real Estate Assn.; Alternative Investment Forum

Civic: Children's Memorial Hospital; Georgetown University; Lake Forest High School Foundation; University of Notre Dame

E. DAVID COOLIDGE III Vice-chairman William Blair & Co., Chicago Age: 68 Business: Investment banking, asset management, equity research, institutional and private brokerage, private capital Assets under management (millions): $44,000.0

Professional: Economic Club; Duluth Trading Co.; Shields Meneley Partners

Civic: Rush University Medical Center; Better Government Assn.; Kellogg School of Management; University of Chicago; Civic Committee of the Commercial Club

KENNETH COQUILLETTE Managing director, co-head of investment banking, Midwest region Goldman Sachs Group Inc., Chicago Age: 50 Business: Investment management Assets under management (millions): $840,000.0 Professional: DePauw University Board of Visitors

ARIE S. CROWN General partner Henry Crown & Co., Chicago Age: 59 Business: Diversified investments Assets under management (millions): Not available

Professional: ComEd; Economic Club; Executives' Club; Farmers Investment Co.; Aspen Skiing Co.

Civic: Art Institute; IIT; NorthShore University HealthSystem; Northwestern University; YMCA of Metropolitan Chicago

JAMES S. CROWN President Henry Crown & Co., Chicago Age: 58 Business: Diversified investments Assets under management (millions): Not available

Professional: General Dynamics Corp.; J. P. Morgan Chase & Co.; Sara Lee Corp.

Civic: Aspen Institute; Museum of Science and Industry; Orchestral Assn.; University of Chicago; University of Chicago Medical Center

LESTER CROWN Chairman Henry Crown & Co., Chicago Age: 86 Business: Diversified investments Assets under management (millions): Not available

Professional: American Academy of Arts and Sciences

Civic: Chicago Council on Global Affairs; Commercial Club; Northwestern University; Children's Memorial Hospital; Lyric Opera

SUSAN M. CROWN Partner Henry Crown & Co. Founder, CEO Owl Creek Partners LLP, Chicago Age: 53 Business: Diversified investments Assets under management (millions): Not available

Professional: Illinois Tool Works Inc.; Northern Trust Corp.; Economic Club

Civic: Commercial Club; Yale University; Rush University Medical Center; Care USA; Natural Resources Defense Council

ROD F. DAMMEYER President CAC LLC, Chicago Age: 70 Business: Investment firm Assets under management (millions): Not available

Professional: Stericycle Inc.; Van Kampen Investments Inc.; Quidel Corp.; Invesco Aim

Civic: University of San Diego; High Tech High Charter School; Opportunity International; California Charter Schools Assn.

DEBORAH L. DEHAAS Vice-chairman, Midwest regional managing partner Member, U.S. board of directors Deloitte LLP, Chicago Age: 51 Business: Professional services Revenue (millions): $10,900.0

Professional: American Institute of Certified Public Accountants; Illinois CPA Society; Economic Club; Executives' Club; Chicago Network

Civic: Chicagoland Chamber of Commerce; United Way of Metropolitan Chicago; Civic Committee of the Commercial Club; World Business Chicago; Museum of Science and Industry

CRAIG S. DONOHUE CEO CME Group Inc., Chicago Age: 49 Business: Global derivatives exchange Revenue (millions): $3,004.0

Professional: BM&F Bovespa S.A.; Managed Funds Assn.; World Federation of Exchanges; Wall Street Journal CEO Council; Executives' Club; CME Group Foundation; CME Group Community Foundation

Civic: Council for Economic Education; Chicago Council on Global Affairs; CTK President's Advisory Council

THOMAS R. DONOVAN Chairman Quantum Crossings LLC, Chicago Age: 73 Business: Telecommunications and technology consulting firm Revenue (millions): Not available Professional: Executives' Club; Chicagoland Chamber of Commerce Civic: WTTW-TV/Channel 11

RICHARD H. DRIEHAUS Chairman, chief investment officer Driehaus Capital Management LLC, Chicago Age: 69 Business: Investment adviser Assets under management (millions): $6,886.0

Professional: CFA Institute; CFA Society of Chicago

Civic: DePaul University; Notre Dame University School of Architecture; National Trust for Historic Preservation; Landmarks Illinois; Geneva Lake Conservancy

TERRENCE A. DUFFY Executive chairman CME Group Inc., Chicago Age: 53 Business: Global derivatives exchange Revenue (millions): $3,004.0

Professional: Federal Retirement Thrift Investment Board; Economic Club; Executives' Club; World Business Chicago; Chicago Council on Global Affairs; CME Group Foundation; CME Group Community Foundation

Civic: St. Xavier University; Mayo Clinic; American Ireland Fund

JOHN R. ETTELSON President, CEO William Blair & Co., Chicago Age: 52 Business: Investment banking, asset management, equity research, institutional and private brokerage, private capital Assets under management (millions): $44,000.0

Professional: Economic Club; Executives' Club

Civic: Chicago Council on Global Affairs; Commercial Club; Lincoln Park Zoo; Francis W. Parker School

MARSHALL FIELD V Chairman, president Old Mountain Co., Chicago Age: 70 Business: Private investments Assets under management (millions): Not available Civic: Art Institute of Chicago; Field Museum; Chicago Community Trust; Rush University Medical Center

PAUL FINNEGAN Co-CEO Madison Dearborn Partners LLC, Chicago Age: 58 Business: Private-equity investing Assets under management (millions): $17,500.0

DAVID A. FISHER President OptionsXpress Holdings Inc.* Senior vice-president Charles Schwab Corp., Chicago Age: 42 Business: Online options exchange Revenue (millions): $231.4 Professional: Chicago Board Options Exchange *Acquired by Charles Schwab Corp., 8/11

DAVID W. FOX JR. Vice-chairman, head of Midwest investment banking J. P. Morgan Chase & Co., Chicago Age: 52 Business: Investment banking Assets under management (millions): $1,298,000.0 Professional: Executives' Club

Civic: Commercial Club; YMCA of Metropolitan Chicago; Chicago Symphony Orchestra; Children's Memorial Hospital; Field Museum

SCOTT P. GEORGE Managing director, head of Illinois practice P&M Corporate Finance LLC, Chicago Age: 57 Business: Investment banking Assets under management: Not available Professional: Booth School CEO Roundtable; ACG Chicago; Chicago Club Civic: Steppenwolf Theatre Company

MATTHEW R. GIBSON Managing director, co-head of investment banking, Midwest region Goldman Sachs Group Inc., Chicago Age: 40 Business: Investment management Assets under management (millions): $840,000.0 Professional: Economic Club

RONALD J. GIDWITZ Partner, principal GCG Partners, Chicago Age: 66 Business: Private investment firm Assets under management (millions): Not available

Professional: Continental Materials Corp.; KapStone Paper & Packaging Corp.; Chicagoland Chamber of Commerce; Illinois Coalition for Jobs, Growth and Prosperity

Civic: Field Museum; Museum of Science and Industry; Boys and Girls Clubs; Students First Illinois; Lyric Opera

PHUPINDER S. GILL President CME Group Inc., Chicago Age: 51 Business: Global derivatives exchange Revenue (millions): $3,004.0

Professional: CME Clearing Europe; Bursa Malaysia Derivatives Berhad; Bolsa Mexicana de Valores S.A.B. de C.V.; First Midwest Bancorp Inc.; Executives' Club

Civic: Teach for America; Alexander Maxwell Grant Foundation; Chicago Council on Global Affairs; Youth Services of Glenview/Northbrook

JAMES T. GLERUM JR. Chairman*, regional banking, North America Citigroup Inc., Chicago Age: 51 Business: Investment banking Assets (millions): $1,913,902.0

Civic: Civic Committee of the Commercial Club; Ravinia Festival; Denison University; Civic Consulting Alliance

RODNEY L. GOLDSTEIN Chairman, managing director Frontenac Co., Chicago Age: 59 Business: Private-equity investment firm Assets under management (millions): $1,000.0 Professional: Economic Club

Civic: Commercial Club; University of Chicago Medical Center; University of Chicago; Goodman Theatre; Cancer Research Foundation

CHESTER A. GOUGIS Managing partner Cognitive Capital Partners LLC, Chicago Age: 57 Business: Private-equity firm Assets under management (millions): Not available Professional: Executives' Club; ESOP Assn.; Economic Club; Business Valuation Assn.

Civic: Commercial Club; Chicago Symphony Orchestra; Night Ministry; Ravinia Festival; WTTW-TV/Channel 11

JACK M. GREENBERG Non-executive chairman Western Union Co., Chicago Age: 68 Business: Financial services Revenue (millions): $5,193.0

Professional: American Institute of Certified Public Accountants; Illinois CPA Society; Chicago Bar Assn.; Economic Club

Civic: Commercial Club; Chicago Community Trust; DePaul University; Institute of International Education; Field Museum

KENNETH C. GRIFFIN President, CEO Citadel LLC, Chicago Age: 42 Business: Investment firm Assets under management (millions): $12,000.0 Professional: Economic Club

Civic: Art Institute; Museum of Contemporary Art; Chicago Public Education Fund; Kenneth and Anne Griffin Foundation; Children's Memorial Hospital

MICHAEL C. HALL Midwest regional managing partner Grant Thornton LLP, Chicago Age: 57 Business: Accounting Revenue (millions): $1,085.7 (U.S. operations) Professional: American Institute for Certified Public Accountants; Illinois CPA Society Civic: Big Brothers Big Sisters; Gilda's Club Chicago; WorkforceChicago2.0

KING W. HARRIS Chairman Harris Holdings Inc., Chicago Age: 68 Business: Investment management Assets under management (millions): Not available Professional: AptarGroup Inc.; Economic Club

Civic: Commercial Club; Rehabilitation Institute of Chicago; University of Chicago; Museum of Contemporary Art; Metropolitan Planning Council

MICHAEL E. HEISLEY Chairman emeritus Heico Cos. LLC, Chicago Age: 74 Business: Investment firm Revenue (millions): Not applicable Professional: Georgetown University; Memphis Grizzlies Foundation; Duke University Fuqua School of Business

Civic: Heisley Family Foundation

JAY L. HENDERSON Vice-chairman, client service PricewaterhouseCoopers LLP, Chicago Age: 55 Business: Professional services Revenue (millions): $26,569.0 (includes international member firms) Professional: Economic Club; Executives' Club

Civic: Civic Committee of the Commercial Club; Chicago Symphony Orchestra; Museum of Science and Industry; Rush University Medical Center; United Way of Metropolitan Chicago

DANIEL J. HENNESSY Partner CHS Capital LLC, Chicago Age: 53 Business: Private-equity investment firm Capital (millions): $2,300.0 Professional: Economic Club Civic: Shedd Aquarium; Children's Memorial Hospital

DAVID A. HERRON CEO Chicago Stock Exchange Inc., Chicago Age: 56 Business: Stock exchange Revenue (millions): $19.5 Professional: Security Traders Assn. Civic: Operation Hope; Illinois Council of Economic Education

BRUCE A. HEYMAN Managing director Midwest region partner, region head, private wealth management Goldman Sachs Group Inc., Chicago Age: 53 Business: Private wealth management Assets under management (millions): $840,000.0 (Goldman Sachs Group Inc.) Professional: Economic Club; Executives' Club Civic: Northwestern Memorial Hospital; YMCA of Metropolitan Chicago; Vanderbilt University; Chicago Council on Global Affairs

MELLODY HOBSON President Ariel Investments LLC, Chicago Age: 42 Business: Investment management Assets under management (millions): $5,466.9

Professional: DreamWorks Animation SKG Inc.; Estee Lauder Cos.; Groupon Inc.; Starbucks Corp.; Investment Company Institute; Economic Club

Civic: Chicago Public Education Fund; Field Museum; Sundance Institute; Commercial Club

PATRICK M. HURST Managing director Houlihan Lokey Inc., Chicago Age: 53 Business: Investment banking Assets under management (millions): Not available

Professional: Healthcare Financial Management Assn.; National Investment Center Executive Circle; American Seniors Housing Assn.

Civic: Lutheran Social Services of Illinois

EDGAR D. JANNOTTA Chairman William Blair & Co., Chicago Age: 80 Business: Investment banking, asset management, equity research, institutional and private brokerage, private capital Assets under management (millions): $44,000.0 Professional: Economic Club; Aon Corp.; Commonwealth Edison Co.; Molex Inc.

Civic: Rush University Medical Center; Lyric Opera; Chicago History Museum; Chicago Foundation for Education; University of Chicago

RICHARD A. KENT Chairman, CEO Kentco Capital Corp., Lincolnshire Age: 66 Business: Holding company Assets (millions): $100.0 Professional: YPO-WPO; L3 Organization

Civic: Chicago Shakespeare Theater; Easter Seals of Metropolitan Chicago; Anderson Ranch Arts Center

MICHAEL H. KERR Chairman Chicago Stock Exchange Inc., Chicago Age: 64 Business: Stock exchange Revenue (millions): $19.5

BRAD A. KEYWELL Managing partner Lightbank Director Groupon Inc., Chicago Age: 41 Business: Venture capital Capital (millions): $100.0 Professional: MediaBank LLC; Echo Global Logistics Inc.

Civic: NorthShore University HealthSystem; Imerman Angels; Connect to the Future; Chicago Ideas Week; TEDxMidwest

STEVEN KOCH Co-chairman, mergers and acquisitions Vice-chairman Credit Suisse Securities (USA) LLC, Chicago Age: 55 Business: Investment banking Revenue (millions): $30,194.0 (Credit Suisse Group A.G.) Professional: Economic Club; Executives' Club

Civic: Mount Sinai Hospital; Greater Chicago Food Depository; Francis W. Parker School; Facing History and Ourselves; Chicago Climate Action Plan

CARY A. KOCHMAN Co-head of Chicago office; head of North American mergers and acquisitions Citigroup Inc., Chicago Age: 46 Business: Investment banking Assets (millions): $1,913,902.0 Civic: Shedd Aquarium; Commercial Club

THEODORE L. KOENIG President, CEO Monroe Capital LLC, Chicago Age: 52 Business: Specialty finance Assets (millions): $750.0

Professional: Turnaround Management Assn.; Commercial Finance Assn.; Assn. for Corporate Growth; Executives' Club

Civic: Allendale School; Anti-Defamation League; Indiana University Kelley School of Business; Chicago-Kent School of Law

HARRY M. JANSEN KRAEMER JR. Executive partner Madison Dearborn Partners LLC, Chicago Clinical professor, management and strategy Northwestern University Kellogg School of Management, Evanston Age: 56 Business: Private equity Assets under management (millions): $17,500.0

Professional: Science Application International Corp.; Sirona Dental Systems Inc.; LEK Inc.; VWR International Inc; Conference Board

Civic: NorthShore University HealthSystem; Lawrence University; Civic Committee of the Commercial Club

RANDOLPH RICHARD KURTZ Managing director, head of Midwest corporate finance Deutsche Bank Securities Inc., Chicago Age: 55 Business: Investment banking, financing, strategic advisory Assets (millions): $2,797,240.0 Civic: Field Museum; Rainbows

ERIC LEFKOFSKY Managing partner Lightbank Chairman Groupon Inc., Chicago Age: 42 Business: Venture capital Capital (millions): $100.0 Professional: InnerWorkings Inc.; Echo Global Logistics Inc.; MediaBank LLC Civic: Art Institute; Museum of Contemporary Art; Children's Memorial Hospital; Steppenwolf Theatre Company

C. H. RANDOLPH LYON Vice-chairman Robert W. Baird & Co., Chicago Age: 68 Business: Investment banking Revenue (millions): $847.0 Professional: Economic Club

Civic: Chicago Symphony Orchestra; Commercial Club; Alexis de Tocqueville Society; Teach for America; Woodberry Forest School

LEWIS MANILOW Personal investor Self-employed, Mokena Age: 84 Business: Investing Assets under management (millions): Not available

Civic: Art Institute; Museum of Contemporary Art; Goodman Theatre; Chicago Council on Global Affairs

JOSEPH MANSUETO Chairman, CEO Morningstar Inc., Chicago Age: 55 Business: Investment research Revenue (millions): $555.4 Professional: TransUnion LLC; Time Out Chicago Civic: Booth School of Business

E. BARRY MANSUR Chairman Mansur & Co., Chicago Age: 68 Business: Real estate, hedge fund asset management, corporate investments Revenue (millions): Not available Professional: Economic Club; Urban Land Institute

Civic: Chicago Symphony Orchestra; Rehabilitation Institute of Chicago; Joffrey Ballet; Kennedy Center for the Arts; Prince of Wales Foundation

LYNN M. MARTIN President Martin Hall Group LLC, Chicago Age: 71 Business: Human resources consulting Revenue (millions): Not available Professional: AT&T Inc.; Ryder System Inc.; Dreyfus Funds

Civic: Chicago Council on Global Affairs; Lincoln Park Zoo; Deutsche Bank Latin American Advisory Board

LESTER H. MCKEEVER JR. Managing principal Washington Pittman & McKeever LLC, Chicago Age: 77 Business: Public accounting, management consulting Revenue (millions): Not available

Professional: Executives' Club; Economic Club; CPA Endowment Fund of Illinois; Associates Racing Assn.; MBIA Insurance Corp. of Illinois

Civic: Civic Committee of the Commercial Club; University of Illinois; Chicago Symphony Orchestra; United Way of Metropolitan Chicago; Lincoln Academy of Illinois

CHUCK MCQUAID President, chief investment officer Columbia Wanger Asset Management LLC, Chicago Age: 58 Business: Mutual fund management Assets under management (millions): $33,800.0 Professional: CFA Society of Chicago

SIDDARTH N. "BOBBY" MEHTA President, CEO TransUnion LLC, Chicago Age: 53 Business: Corporate and consumer credit reporting, credit monitoring and business services Revenue (millions): $956.5

LEO MELAMED Chairman, CEO Melamed & Associates Inc. Director CME Group Inc. Chairman emeritus Chicago Mercantile Exchange, Chicago Age: 79 Business: Global consulting services Revenue (millions): $3,004.0 (CME Group Inc.)

Professional: CME Group Foundation; International Assn. of Financial Engineers; Chicago Bar Assn.; Economic Club; Executives' Club

Civic: U.S. Holocaust Memorial Museum; Booth School of Business; John Marshall Law School; YIVO Institute for Jewish Research

SAMUEL M. MENCOFF Co-CEO Madison Dearborn Partners LLC, Chicago Age: 54 Business: Private-equity investing Assets under management (millions): $17,500.0Professional: Packaging Corp. of America; Smurfit Kappa Group PLC Civic: Brown University; Art Institute; NorthShore University HealthSystem

STEPHEN C. MITCHELL President Knight Group LLC Vice-chairman Knight Facilities Management Inc., Chicago Age: 67 Business: Private equity and business consulting Revenue (millions): $119.0 (combined)

Professional: Apogee Enterprises Inc.; Landauer Inc.; American Society of Civil Engineers; Economic Club; National Society of Professional Engineers

Civic: Commercial Club

ROBERT S. MURLEY Chairman, investment banking, Americas Vice-chairman Credit Suisse Securities (USA) LLC, Chicago Age: 61 Business: Investment banking Revenue (millions): $30,194.0 (Credit Suisse Group A.G.) Professional: Economic Club; Executives' Club; Educational Testing Service

Civic: Commercial Club; Princeton University; Children's Memorial Hospital; Museum of Science and Industry

DAVID W. NELMS Chairman, CEO Discover Financial Services, Riverwoods Age: 50 Business: Credit card issuer Revenue (millions): $6,658.2 Professional: Executives' Club; Economic Club; Chicago Council on Global Affairs

Civic: Commercial Club; Civic Committee of the Commercial Club; Junior Achievement of Chicago; Juvenile Diabetes Research Foundation

WILLIAM G. PELUCHIWSKI Senior managing director Co-head of the industrials group Houlihan Lokey Inc., Chicago Age: 49 Business: Investment banking Assets under management (millions): Not available Professional: CFA Society of Chicago; Metals Service Center Institute; Illinois CPA Society

PETER B. POND General partner Alta Equity Partners LLC, Chicago Age: 66 Business: Venture capital Revenue (millions): Not available Professional: Maximus Inc.; Navigant Consulting Inc.; Global eProcure Civic: Field Museum; Brain Research Foundation

JOHN M. PRATT Managing director, head of Midwest investment banking, head of global diversified industries Bank of America Merrill Lynch, Chicago Age: 55 Business: Investment banking Assets (millions): $2,264,000.0 Civic: Chicago Symphony Orchestra

RICHARD S. PRICE Chairman, CEO Mesirow Financial Holdings Inc., Chicago Age: 64 Business: Financial services Assets under management (millions): $55,400.0

Civic: Foundation Fighting Blindness; Israel Sport Center for the Disabled; United States Holocaust Memorial Museum; Chicago Lighthouse; Children's Place Assn.

J. B. PRITZKER Managing partner Pritzker Group, Chicago Founding partner New World Ventures LLC Age: 46 Business: Venture capital, private equity Assets under management (millions): Not available Professional: Illinois Venture Capital Assn.; Economic Club; Chicagoland Entrepreneurial Center

Civic: Illinois Holocaust Museum and Education Center; Northwestern University; Ounce of Prevention Fund; Field Museum; Commercial Club

PENNY S. PRITZKER Chairman TransUnion LLC Chairman, CEO Pritzker Realty Group LLC Chairman Vi*, Chicago Age: 52 Business: Corporate and consumer credit reporting, credit monitoring and business services Revenue (millions): $956.5 (TransUnion LLC)

Civic: Chicago Board of Education, Museum of Contemporary Art, Economic Club, Civic Committee of the Commercial Club

*Previously listed as Classic Residence by Hyatt

PAUL E. PURCELL Chairman, president, CEO Robert W. Baird & Co., Chicago Age: 64 Business: Wealth, asset management Assets under management (millions): $82,000.0 Professional: Securities Industry and Financial Markets Assn.

Civic: University of Chicago; Junior Achievement Chicago; Cristo Rey Jesuit High School; University of Notre Dame Mendoza School of Business

JOHN RAU President, CEO Miami Corp., Chicago Age: 63 Business: Private asset management Revenue (millions): Not available

Professional: First Industrial Realty Trust Inc.; Nicor Inc.; BMO Financial Corp./BMO Harris Bank N.A.; Economic Club

Civic: Chicago Public Library Foundation; Chicago Shakespeare Theater; Kellogg School of Management; Commercial Club

BRUCE V. RAUNER Principal GTCR LLC, Chicago Age: 55 Business: Private equity, venture capital Assets under management (millions): $8,000.0 Professional: Economic Club; National Venture Capital Assn.; Illinois Venture Capital Assn.

Civic: Chicago Public Education Fund; Ravinia Festival; New School for Chicago; Noble Street Charter Schools; Civic Committee of the Commercial Club

JOHN W. ROGERS JR. Chairman, CEO, chief investment officer Ariel Investments LLC, Chicago Age: 53 Business: Investment management Assets under management (millions): $5,466.9 Professional: Aon Corp.; Exelon Corp.; McDonald's Corp.; Economic Club

Civic: Chicago Urban League; University of Chicago; John S. and James L. Knight Foundation; University of Chicago Laboratory Schools; Chicago Symphony Orchestra

PHIL ROHRBAUGH Managing partner, Chicago office KPMG LLP, Chicago Age: 59 Business: Public accounting firm Revenue (millions): $20,630.0 (KPMG International)

MICHAEL J. SACKS CEO Grosvenor Capital Management L.P. Vice-chairman, World Business Chicago, Chicago Age: 49 Business: Investment management Assets under management (millions): $22,000.0* (Grosvenor Capital Management L.P.) *Crain's estimate

JOHN F. "JACK" SANDNER Chairman E-Trades Futures LLC Director, CME Group Inc. Former chairman, CME Group Inc., Chicago Age: 69 Business: Online brokerage Revenue (millions): $3,004.0 (CME Group Inc.) Professional: Dubai Mercantile Exchange; National Futures Assn.; Economic Club

Civic: CME Group Foundation; Civic Committee of the Commercial Club; University of Notre Dame; Rush University Medical Center; Museum of Science and Industry

RICHARD L. SANDOR Chairman, CEO Environmental Financial Products LLC, Chicago Age: 69 Business: Environmental investment advisory services Revenue (millions): Not available

Professional: American Electric Power Co.; Clean Energy Trust; Center for Financial Stability; Volatility Exchange

Civic: School of the Art Institute

STEVEN SCHNEIDER Managing partner Blackman Kallick LLP, Chicago Age: 62 Business: Public accounting firm Revenue (millions): $50.5

Professional: Economic Club; American Institute of Certified Public Accountants; Illinois CPA Society; HLB USA Inc.

Civic: University of Illinois at Chicago Business Advisory Council

DAVID M. SCHULTE Managing partner Chilmark Partners LLC, Chicago Age: 64 Business: Investment banking Revenue (millions): Not available Civic: Near North Preservation Council

JOSEPH F. SCOBY Former global head of alternative and quantitative investments UBS Global Asset Management, Chicago Private investor Age: 46 Business: Private investment Assets under management (millions): Not applicable

Civic: Children's Memorial Foundation; After School Matters; Wharton School of the University of Pennsylvania; St. Joseph Club; Alain Locke Initiative

AVY H. STEIN Managing partner Willis Stein & Partners, Chicago Age: 56 Business: Private-equity investment Assets under management (millions): $3,000.0 Professional: Roundy's Inc.; Education Corp. of America; CompuPay Inc.; Strategic Materials Inc. Civic: Civic Committee of the Commercial Club; Ravinia Festival; Build Inc.

EMILY HEISLEY STOECKEL Chairman Heico Cos. LLC, Chicago Age: 47 Business: Investment firm Revenue (millions): $2,300.0 Civic: Latin School

BRETT D. THELANDER Managing director, Midwest region Bank of America Merrill Lynch, Chicago Age: 46 Business: Wealth management Assets under management (millions): $3,000.0

CARL D. THOMA Managing partner Thoma Bravo LLC, Chicago Age: 62 Business: Asset management Assets under management (millions): $2,900.0

Professional: American Amicable Holding Inc.; Datatel Inc.; Porter & Chester Institute; Illinois Venture Capital Assn.

Civic: Stanford Graduate School of Business

GLENN R. TILLES Managing director, head of Chicago office Greenhill & Co. LLC, Chicago Age: 63 Business: Investment banking Revenue (millions): $280.0 Professional: CFA Society of Chicago Civic: Arts Club; Art Institute; Chicago Council on Global Affairs

BYRON D. TROTT Managing partner, chief investment officer BDT Capital Partners LLC, Chicago Age: 52 Business: Merchant bank Revenue (millions): Not available Professional: Enterprise Rent-A-Car Co.; Hyatt Hotels Corp.; Pilot Flying J; Weber Stevens Products Co.

Civic: Art Institute; University of Chicago; Conservation International

ALLEN M. TURNER Member Pritzker Organization LLC, Chicago Age: 74 Business: Investments Revenue (millions): Not available Professional: Chicago Mill & Lumber Co. Civic: Columbia College Chicago; Newberry Library; Museum of Contemporary Art

STEPHEN VAN ARSDELL Chairman, CEO Deloitte LLP, Chicago Age: 61 Business: Professional services Revenue (millions): $10,940.0

Professional: American Accounting Assn.; American Institute of Certified Public Accountants; Illinois CPA Society; Economic Club

Civic: University of Illinois College of Business Dean'sAdvisory Council; University of Illinois Alumni Assn.; Conservation Foundation

KENNETH A. VIELLIEU Managing director, head of Midwest investment banking Moelis & Co., Chicago Age: 53 Business: Investment banking Revenue (millions): Not available Professional: Executives' Club; Economic Club

Civic: University of Chicago; Big Shoulders Fund; Children's Memorial Hospital; North Shore Country Day School

JOHN R. WALTER Chairman, CEO Ashlin Management Co., Chicago Age: 64 Business: Private investor Assets under management (millions): Not available

Professional: InnerWorkings Inc.; Manpower Inc.; Vasco Data Security International Inc.; Echo Global Logistics Inc.; Media Bank LLC

Civic: Northwestern University; NorthShore University HealthSystem Foundation; Steppenwolf Theatre Company; Paws Chicago; African Wildlife Foundation

STEVEN B. WEINSTEIN President, chief investment officer Altair Advisers LLC, Chicago Age: 59 Business: Investment counsel Assets under management (millions): $2,800.0 Professional: CFA Society of Chicago; Chicago Estate Planning Council; Economic Club

Civic: Kellogg School of Management; Chicago Youth Centers; Northwestern Memorial Foundation; Art Institute; American Jewish Committee

JACK WEISBAUM CEO BDO USA LLP, Chicago Age: 71 Business: Public accounting firm Revenue (millions): $585.0

Professional: American Institute of Certified Public Accountants; New York State Society of Certified Public Accountants; National Assn. of Credit Management; American Bankruptcy Institute; Assn. of Insolvency and Restructuring Advisors

JOHN R. WILLIS Managing partner Willis Stein & Partners, Chicago Age: 61 Business: Private-equity investment Assets under management (millions): $3,000.0 Professional: Strategic Materials Inc.; CompuPay Inc.; Merit Health Systems LLC; Roundy's Inc.

Civic: Rush University Medical Center; Legacy Charter School; Purdue University Krannert School of Management;

University of Chicago Harris School of Public Policy Studies

SAMUEL ZELL Chairman Equity Group Investments LLC Chairman Tribune Co., Chicago Age: 69 Business: Real estate, energy, media, transportation, other investments Revenue (millions): Not available

Professional: Equity Residential; Equity Lifestyle Properties; Capital Trust; Covanta Holding Corp.; Anixter International Inc.

Civic: University of Michigan Samuel Zell and Robert H. Lurie Institute for Entrepreneurial Studies; Wharton Real Estate Center; Northwestern University Center for Risk Management

Copyright 2011 Crain Communications Inc. All Rights Reserved.



NEWS FEATURE: Prussian prince weds princess in German "royal" wedding By Helen Livingstone and Marion van der Kraats, dpa

Dpa English: 27 August 2011
[What follows is the full text of the news story.]

 

Potsdam, Germany (dpa) - It may not have equalled the glamour of Prince William's wedding to Kate Middleton in London, but thousands of well-wishers still turned out Saturday to celebrate the nuptials of Georg Friedrich, Prince of Prussia and his bride Sophie, Princess of Isenburg.

As the great great grand child of Kasier Wilhelm II, the prince would be Germany's Kaiser had the country kept its royal family after the end of World War I in 1918.

The couple's titles are no longer recognized - they are officially just their surnames - but the "royal" wedding at Sanssouci palace, just outside Berlin, was still broadcast on television with live comentary from royal experts.

Fans of the German's equivalent to the royals lined the streets from early in the moring to catch a glimpse of the couple.

One man, who had travelled from Muensterland in western Germany, told RBB television: "I'm a self-confessed monarchist and would like the monarchy back."

Despite the pomp of their wedding, the couple, who both studied business at university are seen as very down-to-earth. The 33-year-old princess works as a management consultant in Berlin and the prince for a company specializing in innovation in the north German city of Rostock.

The 35-year-old prince drove himself and his wife-to-be to their civil ceremony on Thursday - church marriages are not legally recognized in Germany - and, like his guests, arrived on foot at the Church of Peace at Sanssouci on Saturday with his mother and sister on his arms.

He became the head of the house of Hohenzollern when his grandfather, Louis Ferdinand, died while he was at school studying for his A-levels in Scotland in 1994.

Georg Friedrich's father, a reserve army officer also named Louis Ferdinand, had died just after his first birthday in a military accident. He was crushed between two armoured vehicles during a training exercise and died later of his injuries.

The 33-year-old bride arrived Saturday in a grey Rolls Royce borrowed from a Swedish friend and wore a cream silk taffeta dress with a silk tulle skirt by German designer Wolfgang Joop. Over the top she wore a transparent mantel made of organza and satin with a four-metre long embroidered trail.

"It was a great challenge and an honour," said Joop. It had been hard to match the dress, which needed 60 metres of material, to the bride's antique veil.

"It's well over 100 years old and has taken on its own colour, a chalky white," the 66-year-old designer said.

The bride, whoe comes from the state of Hesse, also wore a diamond tiara made in Paris and worn by every Isenburg bride since around 1860.

The prince wore a morning suit with a grey waistcoat and a baby pink tie.

The guests included representavies of the aristocracy from all over Europe - though not many of the highest ranking.

"The timing of the wedding is a little unfortunate," explained ARD television's society expert, Rolf Seelmann-Eggebert. "Much of the aristocracy is still on holiday."

As the princess is Catholic and the prince Protestant, the service was conducted in two parts, with the Catholic part conducted by retired abbot Gregor Henckel von Donnersmarck, the uncle of Oscar-prize-winning film director Florian Henckel von Donnersmarck.

The rings echanged were those of Georg Friedrich's parents, newly engraved.

After the ceremony the couple were driven off in a Landauer open-topped carriage drawn by six chestnut horses to a reception at the palace, to be followed by a dinner for around 370 guests in the evening.

The couple would like to have children, the bride told RBB television: "A bit of hustle and bustle belongs to family life," she said.

Despite the thousands who turned out to the wedding many Germans remain indifferent to the prince and princess, and a small demonstration took place outside the palace grounds.

"Are there not more important things in life?" asked Spiegel magazine columnist Georg Diez. Those who followed the wedding were stuck in the past and afraid of the future, he said.

"It (the Prussian monarchy) remains dusty, narrow-minded and that the television station RBB reported on its website before the wedding that all the women would wear hats when the Kaiser gets married on Saturday at Sanssouci - well not the Kaiser his great great grand son - that doesn't make it any better," he wrote.



Prussian prince weds princess in German "royal" wedding

Dpa English: 27 August 2011
[What follows is the full text of the news story.]

 

Potsdam, Germany (dpa) - Georg Friedrich, Prince of Prussia and the great grandchild of Kaiser Wilhelm II, on Saturday tied the knot with his bride Sophie, Princess of Isenburg, in front of around 650 guests.

Hundreds of people gathered outside the church at Sanssouci palace in Potsdam, near Berlin, to watch the wedding of the man who would be Germany's Kaiser had the country kept its royal family after the end of World War I in 1918.

The 33-year-old bride arrived in a grey Rolls Royce and wore a cream silk taffeta dress with a silk tull skirt by German designer Wolfgang Joop. Over the top she wore a transparent mantel made of organza and satin with a four-metre long embroidered trail.

"It was a great challenge and an honour," said Joop. It had been hard to match the dress, which needed 60 metres of material, to the bride's antique veil.

"It's well over 100 years old and has taken on its own colour, a chalky white," the 66-year-old designer said.

The bride also wore a diamond tiara made in Paris and worn by every Isenburg bride since around 1860.

The prince wore a cutaway with a grey waistcoat and a baby pink tie.

In Germany the couple's titles are no longer recognized, they are officially just their surnames, but the "royal" wedding was still broadcast live on television.

One man, who had travelled from Muensterland in western Germany, told RBB television: "I'm a self-confessed monarchist and would like the monarchy back."

As the princess is Catholic and the prince Protestant, the service was conducted in two parts, with the Catholic part conducted by retired abbot Gregor Henckel von Donnersmarck, the uncle of Oscar-prize-winning film director Florian Henckel von Donnersmarck.

After the ceremony the couple were driven off in a Landauer open-topped carriage drawn by six chestnut horses to a reception at the palace, to be followed by a dinner for around 370 guests in the evening.



Dividends

Associated Press: 26 August 2011
[What follows is the full text of the news story.]

 

Pe- Stk of pay-

riod rate record able

IRREGULAR

BHP Billiton z S 1.10 9-9 9-29

BHP Billiton Ltd z S 1.10 9-9 9-29

CNOOC Ltd z S 3.2073 9-6 10-7

Harmony Gold z Q .0835 9-16 9-29

Seadrill Ltd z Q .75 9-8 9-20

z- Approx. amount per ADR or ADS.

INCREASED

Altria Group Q .41 9-15 10-11

BancFirst Corp Q .27 9-30 10-17

G&K Services Q .13 9-2 9-29

Stage Stores x Q .09 9-6 9-21

x- Previously announced, reporting dates.

WesBanco Q .16 9-9 10-1

REGULAR

Albany Intl Q .13 9-8 10-7

Beacon Federal Bncp Q .05 9-12 9-22

Bebe Stores Q .025 9-21 9-30

Capital City Bk Grp Q .10 9-9 9-23

Cato Corp Q .23 9-12 9-26

Eastern Ins Hldg Q .07 9-16 9-30

Extra Space Storage Q .14 9-15 9-30

Ferrellgas Ptrs Q .50 9-7 9-14

H&R Block Q .15 9-15 10-3

Landauer Inc Q .55 9-9 10-4

Macy's Inc Q .10 9-15 10-3

Mocon Inc Q .10 11-4 11-18

PPL Corp Q .35 9-9 10-3

Pioneer Nat Res S .04 9-30 10-14

Raymond James Q .13 10-3 10-18

Realty Income Corp M .1449 9-6 9-15

Regis Corp Q .06 9-8 9-22

Schawk Inc Q .08 9-15 9-30

Stryker Corp Q .18 9-30 10-31

Sysco Corp Q .26 10-7 10-28

TowneBank Q .08 9-30 10-12

Viad Corp Q .04 9-9 10-3

Westar Energy Q .32 9-9 10-3

g- Payable in Canadian funds.



 

 

 

 

Landauer Declares Regular Cash Dividend

                                                                                                                                                                                          

Wireless News
31 August 2011
                                                                                                                                                               

 

[What follows is the full text of the article.]

Landauer, Inc. has announced that its Board of Directors declared a regular quarterly cash dividend of $0.55 per share for the fourth quarter of fiscal 2011.

The Company reported that the dividend will be paid on Oct. 4, to shareholders of record on Sept. 9.

Landauer is a global provider of technical and analytical services to determine occupational and environmental radiation exposure and is a domestic provider of outsourced medical physics services.

((Comments on this story may be sent to newsdesk@closeupmedia.com))


COPYRIGHT 2011 Close-Up Media, Inc.

 

 

AUSTRIA : Bmstr. Ing. Landauer GmbH wins Eur 0.2 million contract

                                                                                                                                                                                          

TendersInfo News
12 August 2011
                                                                                                                                                               

 

[What follows is the full text of the article.]

Versicherungsanstalt fuer Eisenbahnen und Bergbau declared the winner of Eur 0.2 million contract for architectural, construction, engineering and inspection services through an restricted procedure method. The company winning the contract is Bmstr. Ing. Landauer GmbH.

The contract is for expansion and renovation. Contract received after scrutinizing total six numbers of offers. Government Procurement Agreement (GPA) has not covered this contract with no possible sub-contracting. Financing for this contract is not done by any community funds. Contract is not awarded by using an electronic auction.

The Versicherungsanstalt fuer Eisenbahnen und Bergbau is not purchasing on behalf of other contracting authorities.

Copyright 2011 Euclid Infotech Pvt. Ltd., distributed by Contify.com


COPYRIGHT 2011 TendersInfo News

 

 

Landauer Declares Quarterly Cash Dividend

                                                                                                                                                                                          

Wireless News
07 June 2011
                                                                                                                                                                  

 

[What follows is the full text of the article.]

Landauer, Inc. said that its Board of Directors declared a regular quarterly cash dividend of $0.55 per share for the third quarter of fiscal 2011.

The dividend will be paid on July 5, to shareholders of record on June 10.

Landauer is a global supplier of technical and analytical services to determine occupational and environmental radiation exposure and is a domestic provider of outsourced medical physics services.

((Comments on this story may be sent to health@closeupmedia.com))


COPYRIGHT 2011 Close-Up Media, Inc.

 

 

Landauer Declares Regular Cash Dividend

                                                                                                                                                                                          

Professional Services Close-Up
03 June 2011
                                                                                                                                                                  

 

[What follows is the full text of the article.]

Landauer, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.55 per share for the third quarter of fiscal 2011.

In a release on May 27, the company said the dividend will be paid on July 5, to shareholders of record on June 10.

Landauer is a global provider of technical and analytical services to determine occupational and environmental radiation exposure and is a domestic provider of outsourced medical physics services.

((Comments on this story may be sent to newsdesk@closeupmedia.com))


COPYRIGHT 2011 Close-Up Media, Inc.

 

 


Landauer, Inc. Declares Regular Cash Dividend

                                                                                                                                                                                          

Wireless News
02 June 2011
                                                                                                                                                                  

 

[What follows is the full text of the article.]

Landauer, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.55 per share for the third quarter of fiscal 2011.

The dividend will be paid on July 5, to shareholders of record on June 10.

Landauer is a global provider of technical and analytical services to determine occupational and environmental radiation exposure and is a domestic provider of outsourced medical physics services.

((Comments on this story may be sent to newsdesk@closeupmedia.com))


COPYRIGHT 2011 Close-Up Media, Inc.

 

 

Landauer Releases Fiscal 2011 Second Quarter Results

 

 

 

Landauer Declares Dividend

                                                                                                                                                                                          

Wireless News
01 December 2010
                                                                                                                                                         

 

[What follows is the full text of the article.]

Landauer announced that its Board of Directors increased the regular quarterly cash dividend to $0.55 per share for the first quarter of fiscal 2011.

In a release dated Nov. 26, Landauer said this increase represents an annual rate of $2.20 per share compared with $2.15 last year. The dividend will paid on Jan. 3, 2011 to shareholders of record on Dec. 10.

Landauer is a provider of technical and analytical services to determine occupational and environmental radiation exposure and is a provider of outsourced medical physics services.

((Comments on this story may be sent to newsdesk@closeupmedia.com))


COPYRIGHT 2010 Close-Up Media, Inc.

 

 

Annual Income Statement

 

Financials in: USD (mil)

 

Except for share items (millions) and per share items (actual units)

 

 

 

 

 

  Financial Glossary

 

 

 

30-Sep-2010

30-Sep-2009

30-Sep-2008

30-Sep-2007

30-Sep-2006

Period Length

12 Months

12 Months

12 Months

12 Months

12 Months

UpdateType/Date

Updated Normal
30-Sep-2010

Restated Normal
30-Sep-2010

Updated Normal
30-Sep-2008

Updated Normal
30-Sep-2007

Updated Normal
30-Sep-2006

Filed Currency

USD

USD

USD

USD

USD

Exchange Rate (Period Average)

1

1

1

1

1

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

    Net Sales

114.4

93.8

90.0

83.7

79.0

Revenue

114.4

93.8

90.0

83.7

79.0

Total Revenue

114.4

93.8

90.0

83.7

79.0

 

 

 

 

 

 

    Cost of Revenue

44.5

30.8

28.9

27.5

28.7

Cost of Revenue, Total

44.5

30.8

28.9

27.5

28.7

Gross Profit

69.9

63.1

61.0

56.2

50.3

 

 

 

 

 

 

    Selling/General/Administrative Expense

33.2

27.9

26.6

24.7

19.2

Total Selling/General/Administrative Expenses

33.2

27.9

26.6

24.7

19.2

    Restructuring Charge

2.0

0.4

0.0

0.0

1.7

    Impairment-Assets Held for Use

0.0

0.0

0.4

2.9

0.0

    Other Unusual Expense (Income)

0.0

2.2

0.0

-

-

Unusual Expense (Income)

2.0

2.7

0.4

2.9

1.7

Total Operating Expense

79.7

61.3

55.9

55.1

49.5

 

 

 

 

 

 

Operating Income

34.6

32.5

34.1

28.6

29.5

 

 

 

 

 

 

        Investment Income - Non-Operating

1.5

1.6

1.4

1.4

1.1

    Interest/Investment Income - Non-Operating

1.5

1.6

1.4

1.4

1.1

Interest Income (Expense) - Net Non-Operating Total

1.5

1.6

1.4

1.4

1.1

    Other Non-Operating Income (Expense)

-0.1

0.6

1.0

0.8

0.4

Other, Net

-0.1

0.6

1.0

0.8

0.4

Income Before Tax

36.0

34.7

36.4

30.8

31.0

 

 

 

 

 

 

Total Income Tax

11.9

11.1

13.1

11.4

11.8

Income After Tax

24.1

23.6

23.3

19.4

19.2

 

 

 

 

 

 

    Minority Interest

-0.5

-0.3

-0.3

-0.1

-0.2

Net Income Before Extraord Items

23.7

23.4

23.0

19.3

19.0

Net Income

23.7

23.4

23.0

19.3

19.0

 

 

 

 

 

 

    Miscellaneous Earnings Adjustment

-0.1

-0.1

-

-

-

Total Adjustments to Net Income

-0.1

-0.1

-

-

-

Income Available to Common Excl Extraord Items

23.6

23.3

23.0

19.3

19.0

 

 

 

 

 

 

Income Available to Common Incl Extraord Items

23.6

23.3

23.0

19.3

19.0

 

 

 

 

 

 

Basic/Primary Weighted Average Shares

9.3

9.3

9.2

9.1

9.0

Basic EPS Excl Extraord Items

2.53

2.51

2.49

2.12

2.11

Basic/Primary EPS Incl Extraord Items

2.53

2.51

2.49

2.12

2.11

Dilution Adjustment

-

-

-

0.0

0.0

Diluted Net Income

23.6

23.3

23.0

19.3

19.0

Diluted Weighted Average Shares

9.3

9.4

9.3

9.2

9.1

Diluted EPS Excl Extraord Items

2.52

2.49

2.47

2.10

2.09

Diluted EPS Incl Extraord Items

2.52

2.49

2.47

2.10

2.09

Dividends per Share - Common Stock Primary Issue

2.15

2.10

2.00

1.90

1.80

Gross Dividends - Common Stock

20.5

19.7

18.6

17.4

16.3

Depreciation, Supplemental

5.8

5.2

5.7

6.9

7.5

Total Special Items

2.0

2.7

0.4

2.9

1.7

Normalized Income Before Tax

38.1

37.4

36.8

33.7

32.6

 

 

 

 

 

 

Effect of Special Items on Income Taxes

0.7

0.8

0.1

1.1

0.6

Inc Tax Ex Impact of Sp Items

12.6

11.9

13.3

12.5

12.4

Normalized Income After Tax

25.5

25.5

23.6

21.2

20.2

 

 

 

 

 

 

Normalized Inc. Avail to Com.

24.9

25.1

23.2

21.1

20.1

 

 

 

 

 

 

Basic Normalized EPS

2.68

2.70

2.51

2.31

2.22

Diluted Normalized EPS

2.67

2.68

2.50

2.30

2.20

Amort of Intangibles, Supplemental

0.9

0.6

0.7

0.6

0.7

Advertising Expense, Supplemental

0.7

0.6

0.5

0.4

0.3

Research & Development Exp, Supplemental

2.3

1.9

1.8

1.8

1.8

Reported Operating Profit

-

-

-

28.6

-

Normalized EBIT

36.7

35.2

34.5

31.5

31.2

Normalized EBITDA

43.3

41.0

40.8

39.0

39.3

    Current Tax - Domestic

5.4

7.2

5.3

9.8

10.9

    Current Tax - Foreign

1.9

1.7

-

-

-

    Current Tax - Local

0.3

-0.3

1.0

2.3

2.7

Current Tax - Total

7.7

8.6

6.3

12.1

13.6

    Deferred Tax - Domestic

4.0

2.4

5.4

-0.5

-1.5

    Deferred Tax - Foreign

0.0

0.0

-

-

-

    Deferred Tax - Local

0.2

0.1

1.4

-0.2

-0.4

Deferred Tax - Total

4.2

2.5

6.8

-0.7

-1.8

Income Tax - Total

11.9

11.1

13.1

11.4

11.8

Interest Cost - Domestic

1.4

1.4

1.3

1.2

1.2

Service Cost - Domestic

0.0

1.0

1.1

1.1

1.2

Prior Service Cost - Domestic

0.0

0.0

0.1

0.1

0.2

Expected Return on Assets - Domestic

-1.3

-1.0

-0.9

-0.7

-0.8

Actuarial Gains and Losses - Domestic

0.0

0.0

0.0

0.0

0.1

Curtailments & Settlements - Domestic

0.0

1.1

0.0

0.0

-

Transition Costs - Domestic

0.0

0.0

0.0

0.0

0.0

Other Pension, Net - Domestic

0.0

0.0

0.0

0.1

0.0

Domestic Pension Plan Expense

0.2

2.6

1.7

1.9

1.9

Interest Cost - Post-Retirement

0.1

0.1

0.1

0.1

0.1

Service Cost - Post-Retirement

0.1

0.0

0.0

0.1

0.0

Prior Service Cost - Post-Retirement

-0.1

-0.1

-0.1

-0.1

-0.1

Actuarial Gains and Losses - Post-Retir.

0.0

0.0

0.0

0.1

0.1

Transition Costs - Post-Retirement

0.0

0.0

0.0

0.0

0.0

Post-Retirement Plan Expense

0.0

0.0

0.0

0.1

0.1

Defined Contribution Expense - Domestic

1.1

-

0.1

0.1

0.1

Total Pension Expense

1.3

2.6

1.9

2.2

2.1

Discount Rate - Domestic

5.59%

7.34%

6.30%

5.90%

5.75%

Discount Rate - Post-Retirement

5.59%

7.50%

6.30%

5.90%

5.75%

Expected Rate of Return - Domestic

6.50%

6.50%

6.50%

6.50%

7.50%

Expected Rate of Return - Post-Retir.

6.50%

6.50%

0.00%

-

-

Compensation Rate - Domestic

-

3.50%

3.50%

3.50%

3.50%

Compensation Rate - Post-Retirement

-

3.50%

3.50%

3.50%

3.50%

Total Plan Interest Cost

1.5

1.5

1.4

1.3

1.2

Total Plan Service Cost

0.1

1.0

1.1

1.2

1.3

Total Plan Expected Return

-1.3

-1.0

-0.9

-0.7

-0.8

Total Plan Other Expense

0.0

0.0

0.0

0.1

0.0

 

 

 

Annual Balance Sheet

Financials in: USD (mil)

 

  Financial Glossary

 

 

 

30-Sep-2010

30-Sep-2009

30-Sep-2008

30-Sep-2007

30-Sep-2006

UpdateType/Date

Updated Normal
30-Sep-2010

Updated Normal
30-Sep-2009

Updated Normal
30-Sep-2008

Updated Normal
30-Sep-2007

Reclassified Normal
30-Sep-2007

Filed Currency

USD

USD

USD

USD

USD

Exchange Rate

1

1

1

1

1

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

    Cash & Equivalents

7.7

36.5

33.9

21.1

15.4

Cash and Short Term Investments

7.7

36.5

33.9

21.1

15.4

        Accounts Receivable - Trade, Gross

24.6

21.3

20.3

20.3

20.9

        Provision for Doubtful Accounts

-0.9

-0.6

-0.6

-0.5

-0.6

    Trade Accounts Receivable - Net

23.7

20.7

19.7

19.8

20.3

Total Receivables, Net

23.7

20.7

19.7

19.8

20.3

Total Inventory

6.1

4.1

3.6

2.7

2.5

Prepaid Expenses

8.7

6.3

9.2

2.9

1.9

    Deferred Income Tax - Current Asset

-

1.0

2.3

4.1

1.9

Other Current Assets, Total

-

1.0

2.3

4.1

1.9

Total Current Assets

46.2

68.5

68.7

50.5

42.0

 

 

 

 

 

 

        Buildings

4.3

4.3

4.3

4.3

4.2

        Land/Improvements

0.6

0.6

0.6

0.6

0.6

        Machinery/Equipment

80.3

62.4

52.6

45.8

41.2

    Property/Plant/Equipment - Gross

85.3

67.4

57.6

50.7

46.1

    Accumulated Depreciation

-45.5

-41.2

-37.4

-34.1

-29.7

Property/Plant/Equipment - Net

39.8

26.2

20.2

16.7

16.4

    Goodwill - Gross

-

-

-

16.7

16.6

    Accumulated Goodwill Amortization

-

-

-

-3.3

-3.3

Goodwill, Net

39.3

13.4

13.3

13.4

13.3

    Intangibles - Gross

15.4

8.6

8.8

8.5

9.3

    Accumulated Intangible Amortization

-14.3

-4.6

-4.1

-3.5

-2.9

Intangibles, Net

1.1

4.0

4.8

5.0

6.4

    LT Investment - Affiliate Companies

8.4

7.4

5.8

5.0

4.0

Long Term Investments

8.4

7.4

5.8

5.0

4.0

    Deferred Income Tax - Long Term Asset

-

-

0.0

0.3

1.2

    Other Long Term Assets

15.9

5.7

5.9

6.5

7.4

Other Long Term Assets, Total

15.9

5.7

5.9

6.9

8.7

Total Assets

150.7

125.2

118.7

97.3

90.7

 

 

 

 

 

 

Accounts Payable

7.2

5.2

1.0

1.7

1.4

Accrued Expenses

10.4

11.1

12.9

8.1

7.5

Notes Payable/Short Term Debt

12.5

0.0

0.0

0.0

1.6

    Dividends Payable

5.1

5.0

4.7

4.4

4.1

    Customer Advances

14.3

15.6

15.6

13.8

13.8

Other Current liabilities, Total

19.4

20.6

20.3

18.2

17.9

Total Current Liabilities

49.6

36.9

34.2

28.0

28.4

 

 

 

 

 

 

Total Long Term Debt

0.0

0.0

0.0

0.0

0.0

Total Debt

12.5

0.0

0.0

0.0

1.6

 

 

 

 

 

 

    Deferred Income Tax - LT Liability

9.9

4.6

4.6

0.0

0.0

Deferred Income Tax

9.9

4.6

4.6

0.0

0.0

Minority Interest

0.9

0.7

0.5

0.3

0.2

    Pension Benefits - Underfunded

10.1

8.2

8.6

9.6

8.3

    Other Long Term Liabilities

1.4

1.0

0.9

0.0

-

Other Liabilities, Total

11.5

9.3

9.5

9.6

8.3

Total Liabilities

71.9

51.4

48.9

37.8

37.0

 

 

 

 

 

 

    Common Stock

0.9

0.9

0.9

0.9

0.9

Common Stock

0.9

0.9

0.9

0.9

0.9

Additional Paid-In Capital

32.7

30.8

28.8

23.6

19.6

Retained Earnings (Accumulated Deficit)

45.9

42.5

39.7

35.5

33.6

    Other Comprehensive Income

-0.8

-0.5

0.3

-0.5

-0.5

Other Equity, Total

-0.8

-0.5

0.3

-0.5

-0.5

Total Equity

78.8

73.8

69.8

59.5

53.7

 

 

 

 

 

 

Total Liabilities & Shareholders’ Equity

150.7

125.2

118.7

97.3

90.7

 

 

 

 

 

 

    Shares Outstanding - Common Stock Primary Issue

9.5

9.4

9.3

9.2

9.1

Total Common Shares Outstanding

9.5

9.4

9.3

9.2

9.1

Treasury Shares - Common Stock Primary Issue

0.0

0.0

0.0

-

-

Employees

540

430

430

400

420

Number of Common Shareholders

301

343

330

356

600

Accumulated Goodwill Amortization Suppl.

-

-

-

3.3

3.3

Accumulated Intangible Amort, Suppl.

14.3

4.6

4.1

3.5

2.9

Deferred Revenue - Current

14.3

15.6

15.6

13.8

13.8

Total Capital Leases, Supplemental

0.3

-

-

-

-

Capital Lease Payments Due in Year 1

0.1

-

-

-

-

Capital Lease Payments Due in Year 2

0.1

-

-

-

-

Capital Lease Payments Due in Year 3

0.1

-

-

-

-

Capital Lease Payments Due in Year 4

0.0

-

-

-

-

Capital Lease Payments Due in Year 5

0.0

-

-

-

-

Capital Lease Payments Due in 2-3 Years

0.2

-

-

-

-

Capital Lease Payments Due in 4-5 Years

0.1

-

-

-

-

Cap. Lease Pymts. Due in Year 6 & Beyond

0.0

-

-

-

-

Total Operating Leases, Supplemental

3.6

1.0

1.1

1.3

0.5

Operating Lease Payments Due in Year 1

0.7

0.4

0.4

0.3

0.3

Operating Lease Payments Due in Year 2

0.6

0.1

0.2

0.3

0.1

Operating Lease Payments Due in Year 3

0.6

0.1

0.2

0.3

0.1

Operating Lease Payments Due in Year 4

0.3

0.1

0.1

0.1

0.0

Operating Lease Payments Due in Year 5

0.3

0.1

0.1

0.1

0.0

Operating Lease Pymts. Due in 2-3 Years

1.3

0.3

0.4

0.6

0.1

Operating Lease Pymts. Due in 4-5 Years

0.6

0.2

0.1

0.2

0.0

Oper. Lse. Pymts. Due in Year 6 & Beyond

1.0

0.2

0.2

0.3

0.0

Pension Obligation - Domestic

28.8

26.1

19.9

21.5

21.6

Post-Retirement Obligation

0.0

1.2

1.1

1.4

1.5

Plan Assets - Domestic

21.5

20.0

12.2

13.1

11.1

Funded Status - Domestic

-7.3

-6.1

-7.7

-8.4

-10.5

Funded Status - Post-Retirement

0.0

-1.2

-1.1

-1.4

-1.5

Accumulated Obligation - Domestic

28.8

26.1

18.0

18.6

18.6

Accumulated Obligation - Post-Retirement

0.0

1.2

1.1

1.4

1.5

Total Funded Status

-7.3

-7.3

-8.8

-9.7

-12.0

Discount Rate - Domestic

5.08%

5.59%

7.50%

6.30%

5.90%

Discount Rate - Post-Retirement

5.08%

5.59%

7.50%

6.30%

5.90%

Compensation Rate - Domestic

-

3.50%

3.50%

3.50%

3.50%

Compensation Rate - Post-Retirement

-

3.50%

3.50%

3.50%

3.50%

Accrued Liabilities - Domestic

0.0

-6.1

-7.7

-8.4

-6.1

Accrued Liabilities - Post-Retirement

0.0

-1.2

-1.1

-1.4

-1.4

Net Assets Recognized on Balance Sheet

0.0

-7.3

-8.8

-9.7

-7.5

Equity % - Domestic

26.00%

25.00%

40.00%

48.00%

44.00%

Debt Securities % - Domestic

72.00%

75.00%

57.00%

51.00%

55.00%

Other Investments % - Domestic

2.00%

0.00%

3.00%

1.00%

1.00%

Total Plan Obligations

28.8

27.3

21.0

22.8

23.1

Total Plan Assets

21.5

20.0

12.2

13.1

11.1

 

 

 

Annual Cash Flows

Financials in: USD (mil)

 

  Financial Glossary

 

 

 

30-Sep-2010

30-Sep-2009

30-Sep-2008

30-Sep-2007

30-Sep-2006

Period Length

12 Months

12 Months

12 Months

12 Months

12 Months

UpdateType/Date

Updated Normal
30-Sep-2010

Reclassified Normal
30-Sep-2010

Reclassified Normal
30-Sep-2010

Updated Normal
30-Sep-2007

Updated Normal
30-Sep-2006

Filed Currency

USD

USD

USD

USD

USD

Exchange Rate (Period Average)

1

1

1

1

1

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

Net Income/Starting Line

24.1

23.6

23.3

19.3

19.0

    Depreciation

6.7

5.8

6.4

6.9

7.5

Depreciation/Depletion

6.7

5.8

6.4

6.9

7.5

    Amortization of Intangibles

-

-

-

0.6

0.7

Amortization

-

-

-

0.6

0.7

Deferred Taxes

4.4

2.1

6.2

-1.3

0.0

    Unusual Items

0.0

1.4

0.4

2.9

0.1

    Equity in Net Earnings (Loss)

-1.5

-1.6

-1.4

-1.4

-1.1

    Other Non-Cash Items

2.9

4.1

2.5

1.5

3.2

Non-Cash Items

1.4

3.9

1.5

3.0

2.2

    Accounts Receivable

-0.6

-0.9

0.1

1.1

-2.1

    Prepaid Expenses

-1.6

3.4

-6.2

-1.3

-

    Other Assets

-4.8

-3.5

-2.9

-1.2

-4.2

    Payable/Accrued

-1.1

1.2

3.3

-0.3

-0.8

    Other Liabilities

-2.2

-5.4

3.0

1.3

1.8

Changes in Working Capital

-10.4

-5.2

-2.7

-0.4

-5.4

Cash from Operating Activities

26.3

30.2

34.7

28.0

24.0

 

 

 

 

 

 

    Purchase of Fixed Assets

-16.0

-9.1

-7.5

-7.4

-3.5

Capital Expenditures

-16.0

-9.1

-7.5

-7.4

-3.5

    Acquisition of Business

-32.0

0.0

-0.5

0.0

0.0

    Purchase of Investments

-

-

-

-

0.0

Other Investing Cash Flow Items, Total

-32.0

0.0

-0.5

0.0

0.0

Cash from Investing Activities

-48.0

-9.1

-8.0

-7.4

-3.5

 

 

 

 

 

 

    Other Financing Cash Flow

0.2

0.1

0.9

0.7

0.1

Financing Cash Flow Items

0.2

0.1

0.9

0.7

0.1

    Cash Dividends Paid - Common

-20.1

-19.4

-18.3

-17.2

-16.0

Total Cash Dividends Paid

-20.1

-19.4

-18.3

-17.2

-16.0

    Options Exercised

0.6

0.6

4.0

3.0

3.5

Issuance (Retirement) of Stock, Net

0.6

0.6

4.0

3.0

3.5

        Short Term Debt Issued

-

-

-

0.0

0.0

    Short Term Debt, Net

12.5

0.0

0.0

-1.7

-2.6

Issuance (Retirement) of Debt, Net

12.5

0.0

0.0

-1.7

-2.6

Cash from Financing Activities

-6.9

-18.7

-13.4

-15.2

-15.0

 

 

 

 

 

 

Foreign Exchange Effects

-0.3

0.2

-0.3

0.2

0.3

Net Change in Cash

-28.8

2.6

12.9

5.6

5.8

 

 

 

 

 

 

Net Cash - Beginning Balance

36.5

33.9

21.1

15.4

9.6

Net Cash - Ending Balance

7.7

36.5

33.9

21.1

15.4

Cash Interest Paid

0.4

0.0

0.0

-

-

Cash Taxes Paid

8.7

7.5

10.2

13.2

12.7

 

 

 

 

Annual Income Statement

Financials in: USD (mil)

 

Except for share items (millions) and per share items (actual units)

 

 

 

 

 

 

 

 

 

30-Sep-2010

30-Sep-2009

30-Sep-2008

30-Sep-2007

30-Sep-2006

Period Length

12 Months

12 Months

12 Months

12 Months

12 Months

UpdateType/Date

Updated Normal
30-Sep-2010

Restated Normal
30-Sep-2010

Updated Normal
30-Sep-2008

Updated Normal
30-Sep-2007

Updated Normal
30-Sep-2006

Filed Currency

USD

USD

USD

USD

USD

Exchange Rate (Period Average)

1

1

1

1

1

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

    Net revenues

114.4

93.8

90.0

83.7

79.0

Total Revenue

114.4

93.8

90.0

83.7

79.0

 

 

 

 

 

 

    Cost of Revenues

44.5

30.8

28.9

27.5

28.7

    Sell./Gen./Admin.

33.2

27.9

26.6

24.7

19.2

    Reorganization charges

2.0

0.4

0.0

0.0

1.7

    Net defined benefit plan curtailment los

0.0

2.2

0.0

-

-

    Impairment and accelerated deprecia- tio

0.0

0.0

0.4

2.9

0.0

Total Operating Expense

79.7

61.3

55.9

55.1

49.5

 

 

 

 

 

 

    Equity in income of joint venture. . . .

1.5

1.6

1.4

1.4

1.1

    Other (expense) income, net. . . . . . .

-0.1

0.6

1.0

0.8

0.4

Net Income Before Taxes

36.0

34.7

36.4

30.8

31.0

 

 

 

 

 

 

Provision for Income Taxes

11.9

11.1

13.1

11.4

11.8

Net Income After Taxes

24.1

23.6

23.3

19.4

19.2

 

 

 

 

 

 

    Minority Interest

-0.5

-0.3

-0.3

-0.1

-0.2

Net Income Before Extra. Items

23.7

23.4

23.0

19.3

19.0

Net Income

23.7

23.4

23.0

19.3

19.0

 

 

 

 

 

 

    Less: Income allocated to unvested restr

-0.1

-0.1

-

-

-

Income Available to Com Excl ExtraOrd

23.6

23.3

23.0

19.3

19.0

 

 

 

 

 

 

Income Available to Com Incl ExtraOrd

23.6

23.3

23.0

19.3

19.0

 

 

 

 

 

 

Basic Weighted Average Shares

9.3

9.3

9.2

9.1

9.0

Basic EPS Excluding ExtraOrdinary Items

2.53

2.51

2.49

2.12

2.11

Basic EPS Including ExtraOrdinary Item

2.53

2.51

2.49

2.12

2.11

Dilution Adjustment

-

-

-

0.0

0.0

Diluted Net Income

23.6

23.3

23.0

19.3

19.0

Diluted Weighted Average Shares

9.3

9.4

9.3

9.2

9.1

Diluted EPS Excluding ExtraOrd Items

2.52

2.49

2.47

2.10

2.09

Diluted EPS Including ExtraOrd Items

2.52

2.49

2.47

2.10

2.09

DPS-Common Stock

2.15

2.10

2.00

1.90

1.80

Gross Dividends - Common Stock

20.5

19.7

18.6

17.4

16.3

Normalized Income Before Taxes

38.1

37.4

36.8

33.7

32.6

 

 

 

 

 

 

Inc Tax Ex Impact of Sp Items

12.6

11.9

13.3

12.5

12.4

Normalized Income After Taxes

25.5

25.5

23.6

21.2

20.2

 

 

 

 

 

 

Normalized Inc. Avail to Com.

24.9

25.1

23.2

21.1

20.1

 

 

 

 

 

 

Basic Normalized EPS

2.68

2.70

2.51

2.31

2.22

Diluted Normalized EPS

2.67

2.68

2.50

2.30

2.20

Depreciation

5.8

5.2

5.7

6.9

7.5

Amort of Intangibles

0.9

0.6

0.7

0.6

0.7

Research and development expense

2.3

1.9

1.8

1.8

1.8

Advertising Expense

0.7

0.6

0.5

0.4

0.3

    Federal

5.4

7.2

5.3

9.8

10.9

    State

0.3

-0.3

1.0

2.3

2.7

    Foreign. . . . . . . . . . . . . . .

1.9

1.7

-

-

-

Current Tax - Total

7.7

8.6

6.3

12.1

13.6

    Federal

4.0

2.4

5.4

-0.5

-1.5

    State

0.2

0.1

1.4

-0.2

-0.4

    Foreign. . . . . . . . . . . . . . .

0.0

0.0

-

-

-

Deferred Tax - Total

4.2

2.5

6.8

-0.7

-1.8

Income Tax - Total

11.9

11.1

13.1

11.4

11.8

Operating income

-

-

-

28.6

-

Service Cost - Pension

0.0

1.0

1.1

1.1

1.2

Interest Cost - Pension

1.4

1.4

1.3

1.2

1.2

Expected Return on Assets - Pension

-1.3

-1.0

-0.9

-0.7

-0.8

Amortization of Transition Costs - Pensi

0.0

0.0

0.0

0.0

0.0

Amort. of Prior Service Cost - Pension

0.0

0.0

0.1

0.1

0.2

Recognised Actuarial Gain/Loss - Pension

0.0

0.0

0.0

0.0

0.1

Special termination benefits

0.0

0.0

0.0

0.1

-

Curtailment Loss

0.0

1.4

0.0

0.0

-

Settlement (gain) loss

0.0

-0.2

0.0

0.0

-

Effects of Reorganizations - Pension

-

-

-

-

0.0

Domestic Pension Plan Expense

0.2

2.6

1.7

1.9

1.9

Service Cost - Post-Retirement

0.1

0.0

0.0

0.1

0.0

Interest Cost - Post-Retirement

0.1

0.1

0.1

0.1

0.1

Amort. of Transition Oblig. - Post-Ret.

0.0

0.0

0.0

0.0

0.0

Amort. of Prior Service Cost - Post-Ret.

-0.1

-0.1

-0.1

-0.1

-0.1

Recognised Actuarial Gain/Loss - Post-Re

0.0

0.0

0.0

0.1

0.1

Post-Retirement Plan Expense

0.0

0.0

0.0

0.1

0.1

401(k) Savings Plan

1.1

-

0.1

0.1

0.1

Total Pension Expense

1.3

2.6

1.9

2.2

2.1

Discount Rate - Pension

5.59%

7.34%

6.30%

5.90%

5.75%

Expected Rate of Return - Pension

6.50%

6.50%

6.50%

6.50%

7.50%

Compensation Rate - Pension

-

3.50%

3.50%

3.50%

3.50%

Discount Rate - Post-Retirement

5.59%

7.50%

6.30%

5.90%

5.75%

Expected Rate of Return - Post-Retiremen

6.50%

6.50%

0.00%

-

-

Compensation Rate - Post-Retirement

-

3.50%

3.50%

3.50%

3.50%

 

 

 

Annual Balance Sheet

Financials in: USD (mil)

 

 

 

 

 

30-Sep-2010

30-Sep-2009

30-Sep-2008

30-Sep-2007

30-Sep-2006

UpdateType/Date

Updated Normal
30-Sep-2010

Updated Normal
30-Sep-2009

Updated Normal
30-Sep-2008

Updated Normal
30-Sep-2007

Reclassified Normal
30-Sep-2007

Filed Currency

USD

USD

USD

USD

USD

Exchange Rate

1

1

1

1

1

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

    Cash/Equivalents

7.7

36.5

33.9

21.1

15.4

    Accounts Rcvbl.

24.6

21.3

20.3

20.3

20.9

    Doubtful Account

-0.9

-0.6

-0.6

-0.5

-0.6

    Inventories. . . . . . . . . . . . . . .

6.1

4.1

3.6

2.7

2.5

    Prepaid expenses and other current asset

3.3

2.6

1.2

1.1

1.5

    Prepaid income taxes . . . . . . . . . .

5.4

3.7

8.0

1.8

0.4

    Deferred Taxes

-

1.0

2.3

4.1

1.9

Total Current Assets

46.2

68.5

68.7

50.5

42.0

 

 

 

 

 

 

    Land and improvements. . . . . . . . . .

0.6

0.6

0.6

0.6

0.6

    Buildings and improvements . . . . . . .

4.3

4.3

4.3

4.3

4.2

    Internal software. . . . . . . . . . . .

39.4

31.2

25.3

19.4

-

    Equipment. . . . . . . . . . . . . . . .

40.9

31.2

27.3

26.4

41.2

    Accumulated depreciation and amortizatio

-45.5

-41.2

-37.4

-34.1

-29.7

    Goodwill . . . . . . . . . . . . . . . .

39.3

13.4

13.3

-

-

    Goodwill, Gross

-

-

-

16.7

16.6

    Accumulated goodwill amortization

-

-

-

-3.3

-3.3

    Intangibles, Gross

15.4

8.6

8.8

8.5

9.3

    Accumulated intangible amortization

-5.4

-4.6

-4.1

-3.5

-2.9

    J.V. Equity

8.4

7.4

5.8

5.0

4.0

    Other operating assets, net of amortizat

14.5

4.6

4.5

5.3

6.5

    Dosimetry devices, net of accumulated am

-8.9

-

-

-

-

    Deferred Taxes

-

-

0.0

0.3

1.2

    Other Assets

1.4

1.1

1.4

1.2

0.9

Total Assets

150.7

125.2

118.7

97.3

90.7

 

 

 

 

 

 

    Accounts Payable

7.2

5.2

1.0

1.7

1.4

    Short Term Debt

12.5

0.0

-

0.0

1.6

    Dividend Payable

5.1

5.0

4.7

4.4

4.1

    Deferred Revenue

14.3

15.6

15.6

13.8

13.8

    Accrued compensation and related costs .

5.0

4.9

5.4

3.7

2.8

    Accrued Pension

-

0.3

0.4

0.3

1.0

    Other accrued expenses . . . . . . . . .

5.4

5.8

7.2

4.0

3.7

Total Current Liabilities

49.6

36.9

34.2

28.0

28.4

 

 

 

 

 

 

    Pension and Postretirement Obligations

10.1

8.2

8.6

9.6

8.3

    Minority Int.

0.9

0.7

0.5

0.3

0.2

    Deferred Taxes

9.9

4.6

4.6

0.0

0.0

    Other

1.4

1.0

0.9

0.0

-

Total Liabilities

71.9

51.4

48.9

37.8

37.0

 

 

 

 

 

 

    Common stock, $.10 par value per share,

0.9

0.9

0.9

0.9

0.9

    Additional paid in capital . . . . . . .

32.7

30.8

28.8

23.6

19.6

    Retained earnings. . . . . . . . . . . .

45.9

42.5

39.7

35.5

33.6

    Accumulated other comprehensive loss . .

-0.8

-0.5

0.3

-0.5

-0.5

Total Equity

78.8

73.8

69.8

59.5

53.7

 

 

 

 

 

 

Total Liabilities & Shareholders' Equity

150.7

125.2

118.7

97.3

90.7

 

 

 

 

 

 

    S/O-Common Stock

9.5

9.4

9.3

9.2

9.1

Total Common Shares Outstanding

9.5

9.4

9.3

9.2

9.1

T/S-Common Stock

0.0

0.0

0.0

-

-

Deferred Revenue - Current

14.3

15.6

15.6

13.8

13.8

Accumulated goodwill amortization

-

-

-

3.3

3.3

Accumulated intangible amortization

14.3

4.6

4.1

3.5

2.9

Full-Time Employees

540

430

430

400

420

Number of Common Shareholders

301

343

330

356

600

Capital leases . . . . . . .

0.1

-

-

-

-

Capital leases . . . . . . .

0.2

-

-

-

-

Capital leases . . . . . . .

0.1

-

-

-

-

Total Capital Leases

0.3

-

-

-

-

Operating Lease due within 1 Year

0.7

0.4

0.4

0.3

0.3

Operating Lease due within 1-3 Years

1.3

0.3

0.4

0.6

0.1

Operating Lease due within 4-5 Years

0.6

0.2

0.1

0.2

0.0

Operating Leases Remaining payments

1.0

0.2

0.2

0.3

0.0

Total Operating Leases

3.6

1.0

1.1

1.3

0.5

Accumulated Benefit Obligation - Pension

28.8

26.1

18.0

18.6

18.6

Projected Benefit Obligation - Pension

28.8

26.1

19.9

21.5

21.6

FV of Plan Assets - Pension

21.5

20.0

12.2

13.1

11.1

Funded Status - Pension

-7.3

-6.1

-7.7

-8.4

-10.5

Projected Benefit Obligation - Post-Ret.

0.0

1.2

1.1

1.4

1.5

Funded Status - Post-Retirement

0.0

-1.2

-1.1

-1.4

-1.5

Accumulated Benefit Obligation - Post-Re

0.0

1.2

1.1

1.4

1.5

Total Funded Status

-7.3

-7.3

-8.8

-9.7

-12.0

Discount Rate - Pension

5.08%

5.59%

7.50%

6.30%

5.90%

Compensation Rate - Pension

-

3.50%

3.50%

3.50%

3.50%

Discount Rate - Post-Retirement

5.08%

5.59%

7.50%

6.30%

5.90%

Compensation Rate - Post-Retirement

-

3.50%

3.50%

3.50%

3.50%

Accrued benefit liability - Pension

0.0

-6.1

-7.7

-8.4

-6.1

Accrued benefit liability - Pension

0.0

-1.2

-1.1

-1.4

-1.4

Net Assets Recognized on Balance Sheet

0.0

-7.3

-8.8

-9.7

-7.5

Fixed Income % - Pension

72.00%

75.00%

57.00%

51.00%

55.00%

Equity Securities% - Pension

26.00%

25.00%

40.00%

48.00%

44.00%

Cash Equivalents % - Pension

2.00%

0.00%

3.00%

1.00%

1.00%

 

 

 

Annual Cash Flows

Financials in: USD (mil)

 

 

 

 

 

30-Sep-2010

30-Sep-2009

30-Sep-2008

30-Sep-2007

30-Sep-2006

Period Length

12 Months

12 Months

12 Months

12 Months

12 Months

UpdateType/Date

Updated Normal
30-Sep-2010

Reclassified Normal
30-Sep-2010

Reclassified Normal
30-Sep-2010

Updated Normal
30-Sep-2007

Updated Normal
30-Sep-2006

Filed Currency

USD

USD

USD

USD

USD

Exchange Rate (Period Average)

1

1

1

1

1

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

Net Income

24.1

23.6

23.3

19.3

19.0

    Depreciation

6.7

5.8

6.4

6.9

7.5

    Loss on sale of Assets

-

-

-

0.0

0.1

    Accelerated depreciation charges . . . .

0.0

0.0

0.4

2.9

-

    Amortization

-

-

-

0.6

0.7

    Joint Venture Equity

-1.5

-1.6

-1.4

-1.4

-1.1

    Dividend from Joint Venture

1.1

1.1

0.9

0.6

2.0

    Stock-based compensation and related net

1.8

3.0

1.6

0.8

0.9

    Stock Options Effect

-

-

-

0.9

0.4

    Excess Tax Benefit

-

-

-

-0.8

-0.2

    Defined benefit plans net

0.0

1.4

0.0

-

-

    Accounts Receivable

-0.6

-0.9

0.1

1.1

-2.1

    Other operating assets, net. . . . . . .

-2.0

-1.6

-1.7

-

-

    Decrease (increase) in prepaid taxes

-1.6

3.4

-6.2

-1.3

-

    Deferred Taxes

-

-

-

-2.2

0.0

    Other Assets

-

-

-

-

-0.2

    Deferred taxes, net. . . . . . . . . . .

4.4

2.1

6.2

0.9

-

    Dosimetry Devices

-2.8

-1.9

-1.2

-1.2

-2.4

    Increase (decrease) in accounts payable

-1.1

1.2

3.3

-0.3

-0.8

    Deferred Contract Revenue

-2.8

-0.1

1.8

-0.1

1.0

    Other operating liabilities, net . . . .

0.1

-0.4

0.6

0.7

-

    Decrease/ increase in long-term

0.5

-4.9

0.7

-

-

    Noncurrent Liabilities

-

-

-

0.7

0.8

    Minority Interest

-

-

-

-

0.2

    LT Assets

-

-

-

-

-1.6

Cash from Operating Activities

26.3

30.2

34.7

28.0

24.0

 

 

 

 

 

 

    Purch. Investments

-

-

-

-

0.0

    Acquisition of property, plant & equipme

-16.0

-9.1

-7.5

-7.4

-3.5

    Acquisition of businesses, net of cash a

-32.0

0.0

-0.5

0.0

0.0

Cash from Investing Activities

-48.0

-9.1

-8.0

-7.4

-3.5

 

 

 

 

 

 

    Dividends Paid

-20.1

-19.4

-18.3

-17.2

-16.0

    Dividend to Minority Interest

-0.3

-0.2

-0.2

-0.1

-0.1

    Stock Options, Net

0.6

0.6

4.0

3.0

3.5

    Advance from J.V.

-

-

-

-

0.0

    Proceeds Revolving Credit Facility

-

-

-

0.0

0.0

    Net borrowings on revolving credit facil

12.5

0.0

0.0

-1.7

-2.6

    Excess tax benefit from stock-based comp

0.4

0.2

1.0

0.8

0.2

Cash from Financing Activities

-6.9

-18.7

-13.4

-15.2

-15.0

 

 

 

 

 

 

Foreign Exchange Effects

-0.3

0.2

-0.3

0.2

0.3

Net Change in Cash

-28.8

2.6

12.9

5.6

5.8

 

 

 

 

 

 

Net Cash - Beginning Balance

36.5

33.9

21.1

15.4

9.6

Net Cash - Ending Balance

7.7

36.5

33.9

21.1

15.4

    Cash Interest Paid

0.4

0.0

0.0

-

-

    Cash Taxes Paid

8.7

7.5

10.2

13.2

12.7

 

 

 

 

Financial Health

Financials in: USD (mil)

 

Except for share items (millions) and per share items (actual units)

 

 

Key Indicators USD (mil)

 

Quarter
Ending
30-Jun-2011

Quarter
Ending
Yr Ago

Annual
Year End
30-Sep-2010

1 Year
Growth

3 Year
Growth

5 Year
Growth

Total Revenue

29.2

11.06%

114.4

21.89%

10.96%

8.74%

Operating Income

7.8

-1.60%

34.6

6.52%

6.59%

5.46%

Income Available to Common Excl Extraord Items

5.5

-10.58%

23.6

1.28%

6.88%

6.51%

Basic EPS Excl Extraord Items

0.59

-10.73%

2.53

1.09%

6.17%

5.71%

Capital Expenditures

9.6

-21.35%

16.0

75.08%

29.33%

31.47%

Cash from Operating Activities

28.2

60.54%

26.3

-13.03%

-2.10%

4.43%

Free Cash Flow

18.5

249.50%

10.3

-51.16%

-20.66%

-9.64%

Total Assets

160.9

11.61%

150.7

20.36%

15.68%

11.91%

Total Liabilities

75.3

12.91%

71.9

39.78%

23.87%

14.05%

Total Long Term Debt

0.0

-

0.0

-

-

-

Employees

-

-

540

25.58%

10.52%

3.71%

Total Common Shares Outstanding

9.5

0.40%

9.5

0.76%

0.87%

0.92%

Market Cap

584.5

1.57%

592.0

14.78%

8.04%

6.00%

Key Ratios

 

30-Sep-2010

30-Sep-2009

30-Sep-2008

30-Sep-2007

30-Sep-2006

Profitability

Gross Margin

61.11%

67.21%

67.86%

67.12%

63.65%

Operating Margin

30.29%

34.66%

37.88%

34.17%

37.33%

Pretax Margin

31.51%

37.00%

40.50%

36.83%

39.22%

Net Profit Margin

20.62%

24.82%

25.55%

23.07%

24.10%

Financial Strength

Current Ratio

0.93

1.86

2.01

1.81

1.48

Long Term Debt/Equity

0.00

0.00

0.00

0.00

0.00

Total Debt/Equity

0.16

0.00

0.00

0.00

0.03

Management Effectiveness

Return on Assets

17.50%

19.39%

21.58%

20.65%

21.77%

Return on Equity

30.92%

32.45%

35.56%

34.12%

37.24%

Efficiency

Receivables Turnover

5.16

4.64

4.56

4.18

4.13

Inventory Turnover

8.78

8.08

9.21

10.51

11.18

Asset Turnover

0.83

0.77

0.83

0.89

0.90

Market Valuation USD (mil)

P/E (TTM)

18.32

.

Enterprise Value

443.9

Price/Sales (TTM)

3.68

.

Enterprise Value/Revenue (TTM)

3.73

Price/Book (MRQ)

5.15

.

Enterprise Value/EBITDA (TTM)

10.55

Market Cap as of 09-Sep-2011

437.8

.

 

 

 

 

 Landauer, Inc.

 

Glenwood, Illinois, United States, Tel: 708-755-7000, URL: http://www.landauer.com/

Ratio Comparisons

 

 

 

 

Traded: New York Stock Exchange: LDR

Financials in: USD (actual units)

Industry: Scientific & Technical Instr.

As of 09-Sep-2011

Sector: Technology

 

 

Company

Industry

Sector

S&P 500

Valuation Ratios

P/E Excluding Extraordinary (TTM)

18.32

22.44

22.09

19.68

P/E High Excluding Extraordinary - Last 5 Yrs

29.44

35.43

42.91

32.79

P/E Low Excluding Extraordinary - Last 5 Yrs

22.11

13.59

12.36

10.71

Beta

0.84

1.05

1.19

1.00

Price/Revenue (TTM)

3.68

3.17

4.07

2.57

Price/Book (MRQ)

5.15

3.96

4.73

3.67

Price to Tangible Book (MRQ)

15.16

9.97

6.85

5.21

Price to Cash Flow Per Share (TTM)

14.00

19.87

17.48

14.22

Price to Free Cash Flow Per Share (TTM)

142.89

25.16

23.00

26.26

 

 

 

 

 

Dividends

Dividend Yield

4.73%

1.32%

1.65%

2.26%

Dividend Per Share - 5 Yr Avg

1.99

0.98

0.71

1.99

Dividend 5 Yr Growth

4.81%

-24.77%

7.13%

0.08%

Payout Ratio (TTM)

88.64%

19.92%

10.38%

25.98%

 

 

 

 

 

Growth Rates (%)

Revenue (MRQ) vs Qtr 1 Yr Ago

11.06%

20.15%

28.50%

15.58%

Revenue (TTM) vs TTM 1 Yr Ago

9.91%

13.81%

18.25%

17.69%

Revenue 5 Yr Growth

8.74%

12.74%

16.94%

8.97%

EPS (MRQ) vs Qtr 1 Yr Ago

-10.78%

44.57%

41.24%

19.49%

EPS (TTM) vs TTM 1 Yr Ago

-2.05%

29.26%

49.53%

32.55%

EPS 5 Yr Growth

5.79%

11.75%

20.44%

9.86%

Capital Spending 5 Yr Growth

31.47%

1.27%

9.78%

-2.04%

 

 

 

 

 

Financial Strength

Quick Ratio (MRQ)

0.71

1.49

1.98

1.24

Current Ratio (MRQ)

0.86

2.15

2.38

1.79

LT Debt/Equity (MRQ)

0.00

0.34

0.31

0.64

Total Debt/Equity (MRQ)

0.15

0.39

0.36

0.73

Interest Coverage (TTM)

-

13.82

11.30

13.80

 

 

 

 

 

Profitability Ratios (%)

Gross Margin (TTM)

60.44%

47.80%

55.32%

45.21%

Gross Margin - 5 Yr Avg

65.19%

46.67%

53.24%

44.91%

EBITD Margin (TTM)

35.37%

19.13%

25.78%

24.43%

EBITD Margin - 5 Yr Avg

42.07%

15.30%

21.39%

22.84%

Operating Margin (TTM)

29.69%

15.77%

22.29%

20.63%

Operating Margin - 5 Yr Avg

34.57%

12.35%

17.62%

18.28%

Pretax Margin (TTM)

31.34%

14.90%

22.54%

17.95%

Pretax Margin - 5 Yr Avg

36.67%

11.76%

18.75%

17.10%

Net Profit Margin (TTM)

20.59%

11.13%

17.35%

13.65%

Net Profit Margin - 5 Yr Avg

23.81%

8.02%

12.72%

12.10%

Effective Tax Rate (TTM)

34.29%

27.81%

23.73%

28.45%

Effective Tax rate - 5 Yr Avg

35.07%

28.31%

24.82%

29.92%

 

 

 

 

 

Management Effectiveness (%)

Return on Assets (TTM)

16.06%

8.07%

12.89%

8.54%

Return on Assets - 5 Yr Avg

19.94%

7.33%

10.70%

8.40%

Return on Investment (TTM)

24.22%

7.46%

13.09%

7.90%

Return on Investment - 5 Yr Avg

28.82%

6.30%

11.50%

8.27%

Return on Equity (TTM)

29.15%

16.21%

25.23%

19.72%

Return on Equity - 5 Yr Avg

33.77%

15.67%

21.05%

20.06%

 

 

 

 

 

Efficiency

Revenue/Employee (TTM)

220,361.10

254,460.46

617,868.03

927,613.77

Net Income/Employee (TTM)

45,377.78

30,421.18

132,630.14

116,121.92

Receivables Turnover (TTM)

4.86

5.62

8.08

13.25

Inventory Turnover (TTM)

6.49

8.13

19.61

14.53

Asset Turnover (TTM)

0.78

0.75

0.75

0.93

 

 

 

 

Annual Ratios

Financials in: USD (mil)

 

Except for share items (millions) and per share items (actual units)

 

 

 



 

 

30-Sep-2010

30-Sep-2009

30-Sep-2008

30-Sep-2007

30-Sep-2006

Financial Strength

Current Ratio

0.93

1.86

2.01

1.81

1.48

Quick/Acid Test Ratio

0.63

1.55

1.57

1.46

1.26

Working Capital

-3.4

31.7

34.5

22.5

13.5

Long Term Debt/Equity

0.00

0.00

0.00

0.00

0.00

Total Debt/Equity

0.16

0.00

0.00

0.00

0.03

Long Term Debt/Total Capital

0.00

0.00

0.00

0.00

0.00

Total Debt/Total Capital

0.14

0.00

0.00

0.00

0.03

Payout Ratio

84.88%

83.81%

80.38%

89.78%

85.48%

Effective Tax Rate

33.01%

31.89%

36.01%

37.02%

38.01%

Total Capital

91.3

73.8

69.8

59.5

55.3

 

 

 

 

 

 

Efficiency

Asset Turnover

0.83

0.77

0.83

0.89

0.90

Inventory Turnover

8.78

8.08

9.21

10.51

11.18

Days In Inventory

41.56

45.16

39.63

34.72

32.66

Receivables Turnover

5.16

4.64

4.56

4.18

4.13

Days Receivables Outstanding

70.80

78.58

80.11

87.27

88.36

Revenue/Employee

211,791

218,202

209,195

209,290

188,198

Operating Income/Employee

64,143

75,623

79,244

71,508

70,250

EBITDA/Employee

76,515

89,216

94,074

90,235

89,690

 

 

 

 

 

 

Profitability

Gross Margin

61.11%

67.21%

67.86%

67.12%

63.65%

Operating Margin

30.29%

34.66%

37.88%

34.17%

37.33%

EBITDA Margin

36.13%

40.89%

44.97%

43.11%

47.66%

EBIT Margin

30.29%

34.66%

37.88%

34.17%

37.33%

Pretax Margin

31.51%

37.00%

40.50%

36.83%

39.22%

Net Profit Margin

20.62%

24.82%

25.55%

23.07%

24.10%

COGS/Revenue

38.89%

32.79%

32.14%

32.88%

36.35%

SG&A Expense/Revenue

29.05%

29.73%

29.56%

29.52%

24.23%

 

 

 

 

 

 

Management Effectiveness

Return on Assets

17.50%

19.39%

21.58%

20.65%

21.77%

Return on Equity

30.92%

32.45%

35.56%

34.12%

37.24%

 

 

 

 

 

 

Valuation

Free Cash Flow/Share

1.09

2.25

2.91

2.24

2.26

Operating Cash Flow/Share

2.78

3.22

3.71

3.04

2.64

 

Current Market Multiples

Market Cap/Earnings (TTM)

18.18

Market Cap/Equity (MRQ)

5.11

Market Cap/Revenue (TTM)

3.68

Market Cap/EBIT (TTM)

12.39

Market Cap/EBITDA (TTM)

10.40

Enterprise Value/Earnings (TTM)

18.43

Enterprise Value/Equity (MRQ)

5.18

Enterprise Value/Revenue (TTM)

3.73

Enterprise Value/EBIT (TTM)

12.57

Enterprise Value/EBITDA (TTM)

10.55

 

 

 

 

 

Stock Report

  

 

Stock Snapshot    

 

 

Traded: New York Stock Exchange: LDR  

As of 9-Sep-2011    US Dollars

Recent Price

$46.47

 

EPS

$2.67

52 Week High

$69.48

 

Price/Sales

3.83

52 Week Low

$44.03

 

Dividend Rate

$2.20

Avg. Volume (mil)

0.05

 

Price/Earnings

24.16

Market Value (mil)

$437.83

 

Price/Book

5.58

 

 

 

Beta

0.84

 

Price % Change

Rel S&P 500%

4 Week

1.13%

3.29%

13 Week

-16.39%

-7.93%

52 Week

-21.20%

-24.61%

Year to Date

-22.51%

-15.57%

 

 

2 Year Weekly End Price & Volume

 

 

 

 

 

Stock History    

 

 

Market Cap History

 

30-Jun-11

% Chg

31-Mar-11

% Chg

31-Dec-10

% Chg

30-Sep-10

% Chg

30-Jun-10

% Chg

Total Common Shares Outstanding

9

0.0

9

0.1

9

0.3

9

0.0

9

0.1

Market Cap

584.5

0.1

584.0

2.7

568.6

-4.0

592.0

2.9

575.5

-6.5

Yearly Price History

 

2011

% Chg

2010

% Chg

2009

% Chg

2008

% Chg

2007

% Chg

High Price

69.48

-3.1

71.71

-3.1

73.99

-0.7

74.51

36.8

54.46

-4.9

Low Price

44.03

-19.1

54.40

18.1

46.08

-1.6

46.82

2.9

45.50

5.5

Year End Price

46.47

-22.5

59.97

-2.3

61.40

-16.2

73.30

41.4

51.85

-1.2

Monthly Price History

Price Ending Date

Open

High

Low

Close

Volume

 

09-Sep-11

51.45

53.00

45.81

46.47

324,579

 

31-Aug-11

57.11

57.55

44.03

51.56

1,357,061

 

29-Jul-11

61.52

63.71

55.09

56.45

609,208

 

30-Jun-11

59.53

61.95

55.00

61.59

829,690

 

31-May-11

60.23

62.00

58.15

59.72

627,041

 

29-Apr-11

61.89

64.18

56.76

60.17

700,289

 

31-Mar-11

62.75

69.48

59.20

61.52

1,517,863

 

28-Feb-11

56.65

63.50

56.64

62.90

583,552

 

31-Jan-11

60.02

60.86

56.22

58.05

664,638

 

31-Dec-10

66.49

69.21

59.36

59.97

818,056

 

30-Nov-10

61.15

67.60

60.54

65.61

482,704

 

29-Oct-10

62.84

64.93

60.57

61.09

461,515

 

30-Sep-10

57.19

62.99

56.62

62.63

529,610

 

 

 

 

Annual Income Statement

Standardized

Financials in: USD (mil)

 

Except for share items (millions) and per share items (actual units)

 

 

 

 

 

  Financial Glossary

 

 

 

30-Sep-2010

30-Sep-2009

30-Sep-2008

30-Sep-2007

30-Sep-2006

Period Length

12 Months

12 Months

12 Months

12 Months

12 Months

UpdateType/Date

Updated Normal
30-Sep-2010

Restated Normal
30-Sep-2010

Updated Normal
30-Sep-2008

Updated Normal
30-Sep-2007

Updated Normal
30-Sep-2006

Filed Currency

USD

USD

USD

USD

USD

Exchange Rate (Period Average)

1

1

1

1

1

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

    Net Sales

114.4

93.8

90.0

83.7

79.0

Revenue

114.4

93.8

90.0

83.7

79.0

Total Revenue

114.4

93.8

90.0

83.7

79.0

 

 

 

 

 

 

    Cost of Revenue

44.5

30.8

28.9

27.5

28.7

Cost of Revenue, Total

44.5

30.8

28.9

27.5

28.7

Gross Profit

69.9

63.1

61.0

56.2

50.3

 

 

 

 

 

 

    Selling/General/Administrative Expense

33.2

27.9

26.6

24.7

19.2

Total Selling/General/Administrative Expenses

33.2

27.9

26.6

24.7

19.2

    Restructuring Charge

2.0

0.4

0.0

0.0

1.7

    Impairment-Assets Held for Use

0.0

0.0

0.4

2.9

0.0

    Other Unusual Expense (Income)

0.0

2.2

0.0

-

-

Unusual Expense (Income)

2.0

2.7

0.4

2.9

1.7

Total Operating Expense

79.7

61.3

55.9

55.1

49.5

 

 

 

 

 

 

Operating Income

34.6

32.5

34.1

28.6

29.5

 

 

 

 

 

 

        Investment Income - Non-Operating

1.5

1.6

1.4

1.4

1.1

    Interest/Investment Income - Non-Operating

1.5

1.6

1.4

1.4

1.1

Interest Income (Expense) - Net Non-Operating Total

1.5

1.6

1.4

1.4

1.1

    Other Non-Operating Income (Expense)

-0.1

0.6

1.0

0.8

0.4

Other, Net

-0.1

0.6

1.0

0.8

0.4

Income Before Tax

36.0

34.7

36.4

30.8

31.0

 

 

 

 

 

 

Total Income Tax

11.9

11.1

13.1

11.4

11.8

Income After Tax

24.1

23.6

23.3

19.4

19.2

 

 

 

 

 

 

    Minority Interest

-0.5

-0.3

-0.3

-0.1

-0.2

Net Income Before Extraord Items

23.7

23.4

23.0

19.3

19.0

Net Income

23.7

23.4

23.0

19.3

19.0

 

 

 

 

 

 

    Miscellaneous Earnings Adjustment

-0.1

-0.1

-

-

-

Total Adjustments to Net Income

-0.1

-0.1

-

-

-

Income Available to Common Excl Extraord Items

23.6

23.3

23.0

19.3

19.0

 

 

 

 

 

 

Income Available to Common Incl Extraord Items

23.6

23.3

23.0

19.3

19.0

 

 

 

 

 

 

Basic/Primary Weighted Average Shares

9.3

9.3

9.2

9.1

9.0

Basic EPS Excl Extraord Items

2.53

2.51

2.49

2.12

2.11

Basic/Primary EPS Incl Extraord Items

2.53

2.51

2.49

2.12

2.11

Dilution Adjustment

-

-

-

0.0

0.0

Diluted Net Income

23.6

23.3

23.0

19.3

19.0

Diluted Weighted Average Shares

9.3

9.4

9.3

9.2

9.1

Diluted EPS Excl Extraord Items

2.52

2.49

2.47

2.10

2.09

Diluted EPS Incl Extraord Items

2.52

2.49

2.47

2.10

2.09

Dividends per Share - Common Stock Primary Issue

2.15

2.10

2.00

1.90

1.80

Gross Dividends - Common Stock

20.5

19.7

18.6

17.4

16.3

Depreciation, Supplemental

5.8

5.2

5.7

6.9

7.5

Total Special Items

2.0

2.7

0.4

2.9

1.7

Normalized Income Before Tax

38.1

37.4

36.8

33.7

32.6

 

 

 

 

 

 

Effect of Special Items on Income Taxes

0.7

0.8

0.1

1.1

0.6

Inc Tax Ex Impact of Sp Items

12.6

11.9

13.3

12.5

12.4

Normalized Income After Tax

25.5

25.5

23.6

21.2

20.2

 

 

 

 

 

 

Normalized Inc. Avail to Com.

24.9

25.1

23.2

21.1

20.1

 

 

 

 

 

 

Basic Normalized EPS

2.68

2.70

2.51

2.31

2.22

Diluted Normalized EPS

2.67

2.68

2.50

2.30

2.20

Amort of Intangibles, Supplemental

0.9

0.6

0.7

0.6

0.7

Advertising Expense, Supplemental

0.7

0.6

0.5

0.4

0.3

Research & Development Exp, Supplemental

2.3

1.9

1.8

1.8

1.8

Reported Operating Profit

-

-

-

28.6

-

Normalized EBIT

36.7

35.2

34.5

31.5

31.2

Normalized EBITDA

43.3

41.0

40.8

39.0

39.3

    Current Tax - Domestic

5.4

7.2

5.3

9.8

10.9

    Current Tax - Foreign

1.9

1.7

-

-

-

    Current Tax - Local

0.3

-0.3

1.0

2.3

2.7

Current Tax - Total

7.7

8.6

6.3

12.1

13.6

    Deferred Tax - Domestic

4.0

2.4

5.4

-0.5

-1.5

    Deferred Tax - Foreign

0.0

0.0

-

-

-

    Deferred Tax - Local

0.2

0.1

1.4

-0.2

-0.4

Deferred Tax - Total

4.2

2.5

6.8

-0.7

-1.8

Income Tax - Total

11.9

11.1

13.1

11.4

11.8

Interest Cost - Domestic

1.4

1.4

1.3

1.2

1.2

Service Cost - Domestic

0.0

1.0

1.1

1.1

1.2

Prior Service Cost - Domestic

0.0

0.0

0.1

0.1

0.2

Expected Return on Assets - Domestic

-1.3

-1.0

-0.9

-0.7

-0.8

Actuarial Gains and Losses - Domestic

0.0

0.0

0.0

0.0

0.1

Curtailments & Settlements - Domestic

0.0

1.1

0.0

0.0

-

Transition Costs - Domestic

0.0

0.0

0.0

0.0

0.0

Other Pension, Net - Domestic

0.0

0.0

0.0

0.1

0.0

Domestic Pension Plan Expense

0.2

2.6

1.7

1.9

1.9

Interest Cost - Post-Retirement

0.1

0.1

0.1

0.1

0.1

Service Cost - Post-Retirement

0.1

0.0

0.0

0.1

0.0

Prior Service Cost - Post-Retirement

-0.1

-0.1

-0.1

-0.1

-0.1

Actuarial Gains and Losses - Post-Retir.

0.0

0.0

0.0

0.1

0.1

Transition Costs - Post-Retirement

0.0

0.0

0.0

0.0

0.0

Post-Retirement Plan Expense

0.0

0.0

0.0

0.1

0.1

Defined Contribution Expense - Domestic

1.1

-

0.1

0.1

0.1

Total Pension Expense

1.3

2.6

1.9

2.2

2.1

Discount Rate - Domestic

5.59%

7.34%

6.30%

5.90%

5.75%

Discount Rate - Post-Retirement

5.59%

7.50%

6.30%

5.90%

5.75%

Expected Rate of Return - Domestic

6.50%

6.50%

6.50%

6.50%

7.50%

Expected Rate of Return - Post-Retir.

6.50%

6.50%

0.00%

-

-

Compensation Rate - Domestic

-

3.50%

3.50%

3.50%

3.50%

Compensation Rate - Post-Retirement

-

3.50%

3.50%

3.50%

3.50%

Total Plan Interest Cost

1.5

1.5

1.4

1.3

1.2

Total Plan Service Cost

0.1

1.0

1.1

1.2

1.3

Total Plan Expected Return

-1.3

-1.0

-0.9

-0.7

-0.8

Total Plan Other Expense

0.0

0.0

0.0

0.1

0.0

 

 

 

 

Interim Income Statement

Standardized

Financials in: USD (mil)

 

Except for share items (millions) and per share items (actual units)

 

 

 

 

 

  Financial Glossary

 

 

 

30-Jun-2011

31-Mar-2011

31-Dec-2010

30-Sep-2010

30-Jun-2010

Period Length

3 Months

3 Months

3 Months

3 Months

3 Months

UpdateType/Date

Updated Normal
30-Jun-2011

Updated Normal
31-Mar-2011

Updated Normal
31-Dec-2010

Updated Normal
30-Sep-2010

Updated Normal
30-Jun-2010

Filed Currency

USD

USD

USD

USD

USD

Exchange Rate (Period Average)

1

1

1

1

1

 

 

 

 

 

 

    Net Sales

29.2

32.3

28.4

29.1

26.3

Revenue

29.2

32.3

28.4

29.1

26.3

Total Revenue

29.2

32.3

28.4

29.1

26.3

 

 

 

 

 

 

    Cost of Revenue

12.1

11.6

11.1

12.3

10.2

Cost of Revenue, Total

12.1

11.6

11.1

12.3

10.2

Gross Profit

17.1

20.7

17.4

16.8

16.1

 

 

 

 

 

 

    Selling/General/Administrative Expense

9.2

8.7

9.1

8.9

8.1

Total Selling/General/Administrative Expenses

9.2

8.7

9.1

8.9

8.1

    Restructuring Charge

0.0

0.1

0.1

0.3

0.0

    Other Unusual Expense (Income)

-

-

-

0.0

0.0

Unusual Expense (Income)

0.0

0.1

0.1

0.3

0.0

Total Operating Expense

21.3

20.4

20.3

21.6

18.3

 

 

 

 

 

 

Operating Income

7.8

11.9

8.1

7.5

8.0

 

 

 

 

 

 

        Investment Income - Non-Operating

0.6

0.6

0.5

0.3

0.3

    Interest/Investment Income - Non-Operating

0.6

0.6

0.5

0.3

0.3

Interest Income (Expense) - Net Non-Operating Total

0.6

0.6

0.5

0.3

0.3

    Other Non-Operating Income (Expense)

-0.1

-0.1

0.1

0.0

-0.2

Other, Net

-0.1

-0.1

0.1

0.0

-0.2

Income Before Tax

8.4

12.4

8.7

7.8

8.1

 

 

 

 

 

 

Total Income Tax

2.7

4.3

2.7

3.1

1.8

Income After Tax

5.7

8.1

6.0

4.7

6.3

 

 

 

 

 

 

    Minority Interest

-0.2

-0.1

-0.2

-0.1

-0.1

Net Income Before Extraord Items

5.5

8.0

5.8

4.6

6.2

Net Income

5.5

8.0

5.8

4.6

6.2

 

 

 

 

 

 

    Miscellaneous Earnings Adjustment

0.0

0.0

0.0

0.0

0.0

Total Adjustments to Net Income

0.0

0.0

0.0

0.0

0.0

Income Available to Common Excl Extraord Items

5.5

8.0

5.8

4.5

6.2

 

 

 

 

 

 

Income Available to Common Incl Extraord Items

5.5

8.0

5.8

4.5

6.2

 

 

 

 

 

 

Basic/Primary Weighted Average Shares

9.3

9.3

9.3

9.3

9.3

Basic EPS Excl Extraord Items

0.59

0.85

0.62

0.49

0.66

Basic/Primary EPS Incl Extraord Items

0.59

0.85

0.62

0.49

0.66

Dilution Adjustment

0.0

0.0

0.0

0.0

0.0

Diluted Net Income

5.5

8.0

5.8

4.5

6.2

Diluted Weighted Average Shares

9.4

9.4

9.4

9.4

9.4

Diluted EPS Excl Extraord Items

0.59

0.85

0.62

0.48

0.66

Diluted EPS Incl Extraord Items

0.59

0.85

0.62

0.48

0.66

Dividends per Share - Common Stock Primary Issue

0.55

0.55

0.55

0.54

0.54

Gross Dividends - Common Stock

5.2

5.3

5.1

5.5

5.1

Depreciation, Supplemental

2.1

1.8

1.8

1.0

1.7

Total Special Items

0.0

0.1

0.1

0.3

0.0

Normalized Income Before Tax

8.4

12.5

8.8

8.1

8.1

 

 

 

 

 

 

Effect of Special Items on Income Taxes

0.0

0.0

0.0

0.1

0.0

Inc Tax Ex Impact of Sp Items

2.7

4.3

2.8

3.2

1.8

Normalized Income After Tax

5.7

8.2

6.1

4.9

6.3

 

 

 

 

 

 

Normalized Inc. Avail to Com.

5.5

8.0

5.9

4.7

6.2

 

 

 

 

 

 

Basic Normalized EPS

0.59

0.86

0.63

0.51

0.66

Diluted Normalized EPS

0.59

0.86

0.63

0.51

0.66

Reported Operating Profit

-

-

-

0.0

-

Normalized EBIT

7.9

12.0

8.2

7.8

8.0

Normalized EBITDA

10.0

13.8

10.0

8.8

9.7

Interest Cost - Domestic

0.4

0.4

0.4

0.4

0.4

Service Cost - Domestic

0.0

0.0

0.0

0.0

0.0

Prior Service Cost - Domestic

0.0

0.0

0.0

0.0

0.0

Expected Return on Assets - Domestic

-0.3

-0.3

-0.3

-0.3

-0.3

Actuarial Gains and Losses - Domestic

0.0

0.0

0.0

0.0

0.0

Curtailments & Settlements - Domestic

-

-

-

0.0

-

Domestic Pension Plan Expense

0.0

0.0

0.0

0.0

0.1

Interest Cost - Post-Retirement

0.0

0.0

0.0

0.0

0.0

Service Cost - Post-Retirement

0.0

0.0

0.0

0.0

0.0

Prior Service Cost - Post-Retirement

0.0

0.0

0.0

0.0

0.0

Expected Return on Assets - Post-Retir.

0.0

0.0

0.0

0.0

0.0

Actuarial Gains and Losses - Post-Retir.

0.0

0.0

0.0

0.0

0.0

Curtailments & Settlements - Post-Retir.

-

0.0

-

0.0

-

Post-Retirement Plan Expense

0.0

0.0

0.0

0.0

0.0

Defined Contribution Expense - Domestic

-

-

-

1.1

-

Total Pension Expense

0.0

0.0

0.0

1.1

0.1

Total Plan Interest Cost

0.4

0.4

0.4

0.4

0.4

Total Plan Service Cost

0.0

0.0

0.0

0.0

0.0

Total Plan Expected Return

-0.3

-0.3

-0.3

-0.3

-0.3

 

 

 

 

Annual Balance Sheet

Standardized

Financials in: USD (mil)

 

Except for share items (millions) and per share items (actual units)

 

 

 

 

 

  Financial Glossary

 

 

 

30-Sep-2010

30-Sep-2009

30-Sep-2008

30-Sep-2007

30-Sep-2006

UpdateType/Date

Updated Normal
30-Sep-2010

Updated Normal
30-Sep-2009

Updated Normal
30-Sep-2008

Updated Normal
30-Sep-2007

Reclassified Normal
30-Sep-2007

Filed Currency

USD

USD

USD

USD

USD

Exchange Rate

1

1

1

1

1

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

    Cash & Equivalents

7.7

36.5

33.9

21.1

15.4

Cash and Short Term Investments

7.7

36.5

33.9

21.1

15.4

        Accounts Receivable - Trade, Gross

24.6

21.3

20.3

20.3

20.9

        Provision for Doubtful Accounts

-0.9

-0.6

-0.6

-0.5

-0.6

    Trade Accounts Receivable - Net

23.7

20.7

19.7

19.8

20.3

Total Receivables, Net

23.7

20.7

19.7

19.8

20.3

Total Inventory

6.1

4.1

3.6

2.7

2.5

Prepaid Expenses

8.7

6.3

9.2

2.9

1.9

    Deferred Income Tax - Current Asset

-

1.0

2.3

4.1

1.9

Other Current Assets, Total

-

1.0

2.3

4.1

1.9

Total Current Assets

46.2

68.5

68.7

50.5

42.0

 

 

 

 

 

 

        Buildings

4.3

4.3

4.3

4.3

4.2

        Land/Improvements

0.6

0.6

0.6

0.6

0.6

        Machinery/Equipment

80.3

62.4

52.6

45.8

41.2

    Property/Plant/Equipment - Gross

85.3

67.4

57.6

50.7

46.1

    Accumulated Depreciation

-45.5

-41.2

-37.4

-34.1

-29.7

Property/Plant/Equipment - Net

39.8

26.2

20.2

16.7

16.4

    Goodwill - Gross

-

-

-

16.7

16.6

    Accumulated Goodwill Amortization

-

-

-

-3.3

-3.3

Goodwill, Net

39.3

13.4

13.3

13.4

13.3

    Intangibles - Gross

15.4

8.6

8.8

8.5

9.3

    Accumulated Intangible Amortization

-14.3

-4.6

-4.1

-3.5

-2.9

Intangibles, Net

1.1

4.0

4.8

5.0

6.4

    LT Investment - Affiliate Companies

8.4

7.4

5.8

5.0

4.0

Long Term Investments

8.4

7.4

5.8

5.0

4.0

    Deferred Income Tax - Long Term Asset

-

-

0.0

0.3

1.2

    Other Long Term Assets

15.9

5.7

5.9

6.5

7.4

Other Long Term Assets, Total

15.9

5.7

5.9

6.9

8.7

Total Assets

150.7

125.2

118.7

97.3

90.7

 

 

 

 

 

 

Accounts Payable

7.2

5.2

1.0

1.7

1.4

Accrued Expenses

10.4

11.1

12.9

8.1

7.5

Notes Payable/Short Term Debt

12.5

0.0

0.0

0.0

1.6

    Dividends Payable

5.1

5.0

4.7

4.4

4.1

    Customer Advances

14.3

15.6

15.6

13.8

13.8

Other Current liabilities, Total

19.4

20.6

20.3

18.2

17.9

Total Current Liabilities

49.6

36.9

34.2

28.0

28.4

 

 

 

 

 

 

Total Long Term Debt

0.0

0.0

0.0

0.0

0.0

Total Debt

12.5

0.0

0.0

0.0

1.6

 

 

 

 

 

 

    Deferred Income Tax - LT Liability

9.9

4.6

4.6

0.0

0.0

Deferred Income Tax

9.9

4.6

4.6

0.0

0.0

Minority Interest

0.9

0.7

0.5

0.3

0.2

    Pension Benefits - Underfunded

10.1

8.2

8.6

9.6

8.3

    Other Long Term Liabilities

1.4

1.0

0.9

0.0

-

Other Liabilities, Total

11.5

9.3

9.5

9.6

8.3

Total Liabilities

71.9

51.4

48.9

37.8

37.0

 

 

 

 

 

 

    Common Stock

0.9

0.9

0.9

0.9

0.9

Common Stock

0.9

0.9

0.9

0.9

0.9

Additional Paid-In Capital

32.7

30.8

28.8

23.6

19.6

Retained Earnings (Accumulated Deficit)

45.9

42.5

39.7

35.5

33.6

    Other Comprehensive Income

-0.8

-0.5

0.3

-0.5

-0.5

Other Equity, Total

-0.8

-0.5

0.3

-0.5

-0.5

Total Equity

78.8

73.8

69.8

59.5

53.7

 

 

 

 

 

 

Total Liabilities & Shareholders’ Equity

150.7

125.2

118.7

97.3

90.7

 

 

 

 

 

 

    Shares Outstanding - Common Stock Primary Issue

9.5

9.4

9.3

9.2

9.1

Total Common Shares Outstanding

9.5

9.4

9.3

9.2

9.1

Treasury Shares - Common Stock Primary Issue

0.0

0.0

0.0

-

-

Employees

540

430

430

400

420

Number of Common Shareholders

301

343

330

356

600

Accumulated Goodwill Amortization Suppl.

-

-

-

3.3

3.3

Accumulated Intangible Amort, Suppl.

14.3

4.6

4.1

3.5

2.9

Deferred Revenue - Current

14.3

15.6

15.6

13.8

13.8

Total Capital Leases, Supplemental

0.3

-

-

-

-

Capital Lease Payments Due in Year 1

0.1

-

-

-

-

Capital Lease Payments Due in Year 2

0.1

-

-

-

-

Capital Lease Payments Due in Year 3

0.1

-

-

-

-

Capital Lease Payments Due in Year 4

0.0

-

-

-

-

Capital Lease Payments Due in Year 5

0.0

-

-

-

-

Capital Lease Payments Due in 2-3 Years

0.2

-

-

-

-

Capital Lease Payments Due in 4-5 Years

0.1

-

-

-

-

Cap. Lease Pymts. Due in Year 6 & Beyond

0.0

-

-

-

-

Total Operating Leases, Supplemental

3.6

1.0

1.1

1.3

0.5

Operating Lease Payments Due in Year 1

0.7

0.4

0.4

0.3

0.3

Operating Lease Payments Due in Year 2

0.6

0.1

0.2

0.3

0.1

Operating Lease Payments Due in Year 3

0.6

0.1

0.2

0.3

0.1

Operating Lease Payments Due in Year 4

0.3

0.1

0.1

0.1

0.0

Operating Lease Payments Due in Year 5

0.3

0.1

0.1

0.1

0.0

Operating Lease Pymts. Due in 2-3 Years

1.3

0.3

0.4

0.6

0.1

Operating Lease Pymts. Due in 4-5 Years

0.6

0.2

0.1

0.2

0.0

Oper. Lse. Pymts. Due in Year 6 & Beyond

1.0

0.2

0.2

0.3

0.0

Pension Obligation - Domestic

28.8

26.1

19.9

21.5

21.6

Post-Retirement Obligation

0.0

1.2

1.1

1.4

1.5

Plan Assets - Domestic

21.5

20.0

12.2

13.1

11.1

Funded Status - Domestic

-7.3

-6.1

-7.7

-8.4

-10.5

Funded Status - Post-Retirement

0.0

-1.2

-1.1

-1.4

-1.5

Accumulated Obligation - Domestic

28.8

26.1

18.0

18.6

18.6

Accumulated Obligation - Post-Retirement

0.0

1.2

1.1

1.4

1.5

Total Funded Status

-7.3

-7.3

-8.8

-9.7

-12.0

Discount Rate - Domestic

5.08%

5.59%

7.50%

6.30%

5.90%

Discount Rate - Post-Retirement

5.08%

5.59%

7.50%

6.30%

5.90%

Compensation Rate - Domestic

-

3.50%

3.50%

3.50%

3.50%

Compensation Rate - Post-Retirement

-

3.50%

3.50%

3.50%

3.50%

Accrued Liabilities - Domestic

0.0

-6.1

-7.7

-8.4

-6.1

Accrued Liabilities - Post-Retirement

0.0

-1.2

-1.1

-1.4

-1.4

Net Assets Recognized on Balance Sheet

0.0

-7.3

-8.8

-9.7

-7.5

Equity % - Domestic

26.00%

25.00%

40.00%

48.00%

44.00%

Debt Securities % - Domestic

72.00%

75.00%

57.00%

51.00%

55.00%

Other Investments % - Domestic

2.00%

0.00%

3.00%

1.00%

1.00%

Total Plan Obligations

28.8

27.3

21.0

22.8

23.1

Total Plan Assets

21.5

20.0

12.2

13.1

11.1

 

 

 

 

Interim Balance Sheet

Standardized

Financials in: USD (mil)

 

Except for share items (millions) and per share items (actual units)

 

 

 

 

 

  Financial Glossary

 

 

 

30-Jun-2011

31-Mar-2011

31-Dec-2010

30-Sep-2010

30-Jun-2010

UpdateType/Date

Updated Normal
30-Jun-2011

Updated Normal
31-Mar-2011

Updated Normal
31-Dec-2010

Reclassified Normal
31-Mar-2011

Updated Normal
30-Jun-2010

Filed Currency

USD

USD

USD

USD

USD

Exchange Rate

1

1

1

1

1

 

 

 

 

 

 

    Cash & Equivalents

8.0

6.3

9.2

7.7

8.0

Cash and Short Term Investments

8.0

6.3

9.2

7.7

8.0

        Accounts Receivable - Trade, Gross

26.6

29.0

23.6

24.6

24.1

        Provision for Doubtful Accounts

-1.0

-0.9

-0.9

-0.9

-0.8

    Trade Accounts Receivable - Net

25.6

28.1

22.7

23.7

23.3

Total Receivables, Net

25.6

28.1

22.7

23.7

23.3

Total Inventory

7.9

7.6

7.4

6.9

6.6

Prepaid Expenses

3.4

3.0

3.7

7.9

5.5

    Deferred Income Tax - Current Asset

-

-

-

-

1.0

Other Current Assets, Total

-

-

-

-

1.0

Total Current Assets

44.9

45.0

43.0

46.2

44.5

 

 

 

 

 

 

    Property/Plant/Equipment - Gross

95.3

91.2

88.0

85.3

80.5

    Accumulated Depreciation

-49.4

-47.9

-46.6

-45.5

-43.5

Property/Plant/Equipment - Net

46.0

43.3

41.4

39.8

37.0

Goodwill, Net

40.4

40.3

39.3

39.3

38.4

    Intangibles - Gross

32.6

31.5

30.2

29.8

33.4

    Accumulated Intangible Amortization

-16.2

-15.5

-14.8

-14.3

-18.1

Intangibles, Net

16.4

16.1

15.4

15.6

15.3

    LT Investment - Affiliate Companies

9.8

8.9

8.5

8.4

7.7

Long Term Investments

9.8

8.9

8.5

8.4

7.7

    Other Long Term Assets

3.5

3.4

3.4

1.4

1.4

Other Long Term Assets, Total

3.5

3.4

3.4

1.4

1.4

Total Assets

160.9

157.1

151.1

150.7

144.2

 

 

 

 

 

 

Accounts Payable

6.6

6.2

4.6

7.2

4.2

Accrued Expenses

11.5

10.2

9.2

10.4

10.1

Notes Payable/Short Term Debt

12.9

18.3

15.0

12.5

13.4

    Dividends Payable

5.3

0.1

5.3

5.1

5.1

    Customer Advances

16.1

15.1

14.3

14.3

15.6

Other Current liabilities, Total

21.4

15.2

19.5

19.4

20.7

Total Current Liabilities

52.3

49.9

48.3

49.6

48.5

 

 

 

 

 

 

Total Long Term Debt

0.0

0.0

0.0

0.0

0.0

Total Debt

12.9

18.3

15.0

12.5

13.4

 

 

 

 

 

 

    Deferred Income Tax - LT Liability

10.0

9.9

9.8

9.9

7.1

Deferred Income Tax

10.0

9.9

9.8

9.9

7.1

Minority Interest

1.2

1.0

0.9

0.9

0.7

    Pension Benefits - Underfunded

10.5

10.4

10.3

10.1

8.7

    Other Long Term Liabilities

1.3

1.5

1.6

1.4

1.7

Other Liabilities, Total

11.8

11.9

11.9

11.5

10.3

Total Liabilities

75.3

72.7

70.9

71.9

66.7

 

 

 

 

 

 

    Common Stock

0.9

0.9

0.9

0.9

0.9

Common Stock

0.9

0.9

0.9

0.9

0.9

Additional Paid-In Capital

34.2

33.7

33.2

32.7

32.5

Retained Earnings (Accumulated Deficit)

49.7

49.4

46.6

45.9

46.4

    Translation Adjustment

3.6

-

-

-

-

    Minimum Pension Liability Adjustment

-2.8

-

-

-

-

    Other Comprehensive Income

-

0.3

-0.6

-0.8

-2.4

Other Equity, Total

0.8

0.3

-0.6

-0.8

-2.4

Total Equity

85.7

84.4

80.2

78.8

77.5

 

 

 

 

 

 

Total Liabilities & Shareholders’ Equity

160.9

157.1

151.1

150.7

144.2

 

 

 

 

 

 

    Shares Outstanding - Common Stock Primary Issue

9.5

9.5

9.5

9.5

9.5

Total Common Shares Outstanding

9.5

9.5

9.5

9.5

9.5

Treasury Shares - Common Stock Primary Issue

0.0

0.0

0.0

0.0

0.0

Accumulated Intangible Amort, Suppl.

16.2

15.5

14.8

14.3

18.1

Deferred Revenue - Current

16.1

15.1

14.3

14.3

15.6

 

 

 

 

Annual Cash Flows

Standardized

Financials in: USD (mil)

 

Except for share items (millions) and per share items (actual units)

 

 

 

 

 

  Financial Glossary

 

 

 

30-Sep-2010

30-Sep-2009

30-Sep-2008

30-Sep-2007

30-Sep-2006

Period Length

12 Months

12 Months

12 Months

12 Months

12 Months

UpdateType/Date

Updated Normal
30-Sep-2010

Reclassified Normal
30-Sep-2010

Reclassified Normal
30-Sep-2010

Updated Normal
30-Sep-2007

Updated Normal
30-Sep-2006

Filed Currency

USD

USD

USD

USD

USD

Exchange Rate (Period Average)

1

1

1

1

1

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

Net Income/Starting Line

24.1

23.6

23.3

19.3

19.0

    Depreciation

6.7

5.8

6.4

6.9

7.5

Depreciation/Depletion

6.7

5.8

6.4

6.9

7.5

    Amortization of Intangibles

-

-

-

0.6

0.7

Amortization

-

-

-

0.6

0.7

Deferred Taxes

4.4

2.1

6.2

-1.3

0.0

    Unusual Items

0.0

1.4

0.4

2.9

0.1

    Equity in Net Earnings (Loss)

-1.5

-1.6

-1.4

-1.4

-1.1

    Other Non-Cash Items

2.9

4.1

2.5

1.5

3.2

Non-Cash Items

1.4

3.9

1.5

3.0

2.2

    Accounts Receivable

-0.6

-0.9

0.1

1.1

-2.1

    Prepaid Expenses

-1.6

3.4

-6.2

-1.3

-

    Other Assets

-4.8

-3.5

-2.9

-1.2

-4.2

    Payable/Accrued

-1.1

1.2

3.3

-0.3

-0.8

    Other Liabilities

-2.2

-5.4

3.0

1.3

1.8

Changes in Working Capital

-10.4

-5.2

-2.7

-0.4

-5.4

Cash from Operating Activities

26.3

30.2

34.7

28.0

24.0

 

 

 

 

 

 

    Purchase of Fixed Assets

-16.0

-9.1

-7.5

-7.4

-3.5

Capital Expenditures

-16.0

-9.1

-7.5

-7.4

-3.5

    Acquisition of Business

-32.0

0.0

-0.5

0.0

0.0

    Purchase of Investments

-

-

-

-

0.0

Other Investing Cash Flow Items, Total

-32.0

0.0

-0.5

0.0

0.0

Cash from Investing Activities

-48.0

-9.1

-8.0

-7.4

-3.5

 

 

 

 

 

 

    Other Financing Cash Flow

0.2

0.1

0.9

0.7

0.1

Financing Cash Flow Items

0.2

0.1

0.9

0.7

0.1

    Cash Dividends Paid - Common

-20.1

-19.4

-18.3

-17.2

-16.0

Total Cash Dividends Paid

-20.1

-19.4

-18.3

-17.2

-16.0

    Options Exercised

0.6

0.6

4.0

3.0

3.5

Issuance (Retirement) of Stock, Net

0.6

0.6

4.0

3.0

3.5

        Short Term Debt Issued

-

-

-

0.0

0.0

    Short Term Debt, Net

12.5

0.0

0.0

-1.7

-2.6

Issuance (Retirement) of Debt, Net

12.5

0.0

0.0

-1.7

-2.6

Cash from Financing Activities

-6.9

-18.7

-13.4

-15.2

-15.0

 

 

 

 

 

 

Foreign Exchange Effects

-0.3

0.2

-0.3

0.2

0.3

Net Change in Cash

-28.8

2.6

12.9

5.6

5.8

 

 

 

 

 

 

Net Cash - Beginning Balance

36.5

33.9

21.1

15.4

9.6

Net Cash - Ending Balance

7.7

36.5

33.9

21.1

15.4

Cash Interest Paid

0.4

0.0

0.0

-

-

Cash Taxes Paid

8.7

7.5

10.2

13.2

12.7

 

 

 

 

Interim Cash Flows

Standardized

Financials in: USD (mil)

 

Except for share items (millions) and per share items (actual units)

 

 

 

 

 

  Financial Glossary

 

 

 

30-Jun-2011

31-Mar-2011

31-Dec-2010

30-Sep-2010

30-Jun-2010

Period Length

9 Months

6 Months

3 Months

12 Months

9 Months

UpdateType/Date

Updated Normal
30-Jun-2011

Updated Normal
31-Mar-2011

Updated Normal
31-Dec-2010

Updated Normal
30-Sep-2010

Updated Normal
30-Jun-2010

Filed Currency

USD

USD

USD

USD

USD

Exchange Rate (Period Average)

1

1

1

1

1

 

 

 

 

 

 

Net Income/Starting Line

19.8

14.1

6.0

24.1

19.4

    Depreciation

5.8

3.6

1.8

6.7

4.7

Depreciation/Depletion

5.8

3.6

1.8

6.7

4.7

Deferred Taxes

-

-

-

4.4

-

    Unusual Items

-

-

-

0.0

-

    Equity in Net Earnings (Loss)

-1.7

-0.2

-0.5

-1.5

-1.2

    Other Non-Cash Items

2.5

1.0

1.3

2.9

2.7

Non-Cash Items

0.8

0.8

0.8

1.4

1.5

    Accounts Receivable

-1.5

-4.2

0.9

-0.6

-0.8

    Prepaid Expenses

5.2

4.7

4.4

-1.6

0.4

    Other Assets

-3.6

-2.0

-1.3

-4.8

-1.9

    Payable/Accrued

-0.2

-1.2

-4.0

-1.1

-3.7

    Other Liabilities

1.9

0.7

0.3

-2.2

-1.0

    Other Operating Cash Flow

-

0.4

-

-

-1.2

Changes in Working Capital

1.8

-1.7

0.3

-10.4

-8.1

Cash from Operating Activities

28.2

16.9

8.9

26.3

17.5

 

 

 

 

 

 

    Purchase of Fixed Assets

-9.6

-5.7

-2.8

-16.0

-12.2

Capital Expenditures

-9.6

-5.7

-2.8

-16.0

-12.2

    Acquisition of Business

-1.8

-1.6

-0.2

-32.0

-32.0

    Purchase of Investments

-1.8

-1.8

-1.8

-

0.0

Other Investing Cash Flow Items, Total

-3.6

-3.4

-2.0

-32.0

-32.0

Cash from Investing Activities

-13.3

-9.0

-4.8

-48.0

-44.3

 

 

 

 

 

 

    Other Financing Cash Flow

-0.2

-0.2

-0.2

0.2

0.2

Financing Cash Flow Items

-0.2

-0.2

-0.2

0.2

0.2

    Cash Dividends Paid - Common

-15.4

-15.4

-5.1

-20.1

-15.0

Total Cash Dividends Paid

-15.4

-15.4

-5.1

-20.1

-15.0

    Options Exercised

0.1

0.1

0.1

0.6

0.6

Issuance (Retirement) of Stock, Net

0.1

0.1

0.1

0.6

0.6

    Short Term Debt, Net

0.4

5.8

2.5

12.5

13.4

Issuance (Retirement) of Debt, Net

0.4

5.8

2.5

12.5

13.4

Cash from Financing Activities

-15.1

-9.7

-2.7

-6.9

-0.9

 

 

 

 

 

 

Foreign Exchange Effects

0.6

0.5

0.0

-0.3

-0.9

Net Change in Cash

0.4

-1.4

1.5

-28.8

-28.5

 

 

 

 

 

 

Net Cash - Beginning Balance

7.7

7.7

7.7

36.5

36.5

Net Cash - Ending Balance

8.0

6.3

9.2

7.7

8.0

Cash Interest Paid

-

-

-

0.4

-

Cash Taxes Paid

-

-

-

8.7

-

 

 

 

 

Annual Income Statement

As Reported

Financials in: USD (mil)

 

Except for share items (millions) and per share items (actual units)

 

 

 

 

 

 

 

 

 

30-Sep-2010

30-Sep-2009

30-Sep-2008

30-Sep-2007

30-Sep-2006

Period Length

12 Months

12 Months

12 Months

12 Months

12 Months

UpdateType/Date

Updated Normal
30-Sep-2010

Restated Normal
30-Sep-2010

Updated Normal
30-Sep-2008

Updated Normal
30-Sep-2007

Updated Normal
30-Sep-2006

Filed Currency

USD

USD

USD

USD

USD

Exchange Rate (Period Average)

1

1

1

1

1

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

    Net revenues

114.4

93.8

90.0

83.7

79.0

Total Revenue

114.4

93.8

90.0

83.7

79.0

 

 

 

 

 

 

    Cost of Revenues

44.5

30.8

28.9

27.5

28.7

    Sell./Gen./Admin.

33.2

27.9

26.6

24.7

19.2

    Reorganization charges

2.0

0.4

0.0

0.0

1.7

    Net defined benefit plan curtailment los

0.0

2.2

0.0

-

-

    Impairment and accelerated deprecia- tio

0.0

0.0

0.4

2.9

0.0

Total Operating Expense

79.7

61.3

55.9

55.1

49.5

 

 

 

 

 

 

    Equity in income of joint venture. . . .

1.5

1.6

1.4

1.4

1.1

    Other (expense) income, net. . . . . . .

-0.1

0.6

1.0

0.8

0.4

Net Income Before Taxes

36.0

34.7

36.4

30.8

31.0

 

 

 

 

 

 

Provision for Income Taxes

11.9

11.1

13.1

11.4

11.8

Net Income After Taxes

24.1

23.6

23.3

19.4

19.2

 

 

 

 

 

 

    Minority Interest

-0.5

-0.3

-0.3

-0.1

-0.2

Net Income Before Extra. Items

23.7

23.4

23.0

19.3

19.0

Net Income

23.7

23.4

23.0

19.3

19.0

 

 

 

 

 

 

    Less: Income allocated to unvested restr

-0.1

-0.1

-

-

-

Income Available to Com Excl ExtraOrd

23.6

23.3

23.0

19.3

19.0

 

 

 

 

 

 

Income Available to Com Incl ExtraOrd

23.6

23.3

23.0

19.3

19.0

 

 

 

 

 

 

Basic Weighted Average Shares

9.3

9.3

9.2

9.1

9.0

Basic EPS Excluding ExtraOrdinary Items

2.53

2.51

2.49

2.12

2.11

Basic EPS Including ExtraOrdinary Item

2.53

2.51

2.49

2.12

2.11

Dilution Adjustment

-

-

-

0.0

0.0

Diluted Net Income

23.6

23.3

23.0

19.3

19.0

Diluted Weighted Average Shares

9.3

9.4

9.3

9.2

9.1

Diluted EPS Excluding ExtraOrd Items

2.52

2.49

2.47

2.10

2.09

Diluted EPS Including ExtraOrd Items

2.52

2.49

2.47

2.10

2.09

DPS-Common Stock

2.15

2.10

2.00

1.90

1.80

Gross Dividends - Common Stock

20.5

19.7

18.6

17.4

16.3

Normalized Income Before Taxes

38.1

37.4

36.8

33.7

32.6

 

 

 

 

 

 

Inc Tax Ex Impact of Sp Items

12.6

11.9

13.3

12.5

12.4

Normalized Income After Taxes

25.5

25.5

23.6

21.2

20.2

 

 

 

 

 

 

Normalized Inc. Avail to Com.

24.9

25.1

23.2

21.1

20.1

 

 

 

 

 

 

Basic Normalized EPS

2.68

2.70

2.51

2.31

2.22

Diluted Normalized EPS

2.67

2.68

2.50

2.30

2.20

Depreciation

5.8

5.2

5.7

6.9

7.5

Amort of Intangibles

0.9

0.6

0.7

0.6

0.7

Research and development expense

2.3

1.9

1.8

1.8

1.8

Advertising Expense

0.7

0.6

0.5

0.4

0.3

    Federal

5.4

7.2

5.3

9.8

10.9

    State

0.3

-0.3

1.0

2.3

2.7

    Foreign. . . . . . . . . . . . . . .

1.9

1.7

-

-

-

Current Tax - Total

7.7

8.6

6.3

12.1

13.6

    Federal

4.0

2.4

5.4

-0.5

-1.5

    State

0.2

0.1

1.4

-0.2

-0.4

    Foreign. . . . . . . . . . . . . . .

0.0

0.0

-

-

-

Deferred Tax - Total

4.2

2.5

6.8

-0.7

-1.8

Income Tax - Total

11.9

11.1

13.1

11.4

11.8

Operating income

-

-

-

28.6

-

Service Cost - Pension

0.0

1.0

1.1

1.1

1.2

Interest Cost - Pension

1.4

1.4

1.3

1.2

1.2

Expected Return on Assets - Pension

-1.3

-1.0

-0.9

-0.7

-0.8

Amortization of Transition Costs - Pensi

0.0

0.0

0.0

0.0

0.0

Amort. of Prior Service Cost - Pension

0.0

0.0

0.1

0.1

0.2

Recognised Actuarial Gain/Loss - Pension

0.0

0.0

0.0

0.0

0.1

Special termination benefits

0.0

0.0

0.0

0.1

-

Curtailment Loss

0.0

1.4

0.0

0.0

-

Settlement (gain) loss

0.0

-0.2

0.0

0.0

-

Effects of Reorganizations - Pension

-

-

-

-

0.0

Domestic Pension Plan Expense

0.2

2.6

1.7

1.9

1.9

Service Cost - Post-Retirement

0.1

0.0

0.0

0.1

0.0

Interest Cost - Post-Retirement

0.1

0.1

0.1

0.1

0.1

Amort. of Transition Oblig. - Post-Ret.

0.0

0.0

0.0

0.0

0.0

Amort. of Prior Service Cost - Post-Ret.

-0.1

-0.1

-0.1

-0.1

-0.1

Recognised Actuarial Gain/Loss - Post-Re

0.0

0.0

0.0

0.1

0.1

Post-Retirement Plan Expense

0.0

0.0

0.0

0.1

0.1

401(k) Savings Plan

1.1

-

0.1

0.1

0.1

Total Pension Expense

1.3

2.6

1.9

2.2

2.1

Discount Rate - Pension

5.59%

7.34%

6.30%

5.90%

5.75%

Expected Rate of Return - Pension

6.50%

6.50%

6.50%

6.50%

7.50%

Compensation Rate - Pension

-

3.50%

3.50%

3.50%

3.50%

Discount Rate - Post-Retirement

5.59%

7.50%

6.30%

5.90%

5.75%

Expected Rate of Return - Post-Retiremen

6.50%

6.50%

0.00%

-

-

Compensation Rate - Post-Retirement

-

3.50%

3.50%

3.50%

3.50%

 

 

 

Interim Income Statement

As Reported

Financials in: USD (mil)

 

Except for share items (millions) and per share items (actual units)

 

 

 

 

 

 

 

 

 

30-Jun-2011

31-Mar-2011

31-Dec-2010

30-Sep-2010

30-Jun-2010

Period Length

3 Months

3 Months

3 Months

3 Months

3 Months

UpdateType/Date

Updated Normal
30-Jun-2011

Updated Normal
31-Mar-2011

Updated Normal
31-Dec-2010

Updated Normal
30-Sep-2010

Updated Normal
30-Jun-2010

Filed Currency

USD

USD

USD

USD

USD

Exchange Rate (Period Average)

1

1

1

1

1

 

 

 

 

 

 

    Net revenues

29.2

32.3

28.4

29.1

26.3

Total Revenue

29.2

32.3

28.4

29.1

26.3

 

 

 

 

 

 

    Cost of sales

12.1

11.6

11.1

12.3

10.2

    Selling, general, and administrative . .

9.2

8.7

9.1

8.9

8.1

    Acquisition and reorganization costs . .

0.0

0.1

0.1

0.3

0.0

    Net defined benefit plan curtailment los

-

-

-

0.0

0.0

Total Operating Expense

21.3

20.4

20.3

21.6

18.3

 

 

 

 

 

 

    Equity in income of joint venture. .

0.6

0.6

0.5

0.3

0.3

    Other (expense) income, net. . . . . . .

-0.1

-0.1

0.1

0.0

-0.2

Net Income Before Taxes

8.4

12.4

8.7

7.8

8.1

 

 

 

 

 

 

Provision for Income Taxes

2.7

4.3

2.7

3.1

1.8

Net Income After Taxes

5.7

8.1

6.0

4.7

6.3

 

 

 

 

 

 

    Non controlling Interest

-0.2

-0.1

-0.2

-0.1

-0.1

Net Income Before Extra. Items

5.5

8.0

5.8

4.6

6.2

Net Income

5.5

8.0

5.8

4.6

6.2

 

 

 

 

 

 

    Miscellaneous Earning Adjustment

0.0

0.0

0.0

0.0

0.0

Income Available to Com Excl ExtraOrd

5.5

8.0

5.8

4.5

6.2

 

 

 

 

 

 

Income Available to Com Incl ExtraOrd

5.5

8.0

5.8

4.5

6.2

 

 

 

 

 

 

Basic Weighted Average Shares

9.3

9.3

9.3

9.3

9.3

Basic EPS Excluding ExtraOrdinary Items

0.59

0.85

0.62

0.49

0.66

Basic EPS Including ExtraOrdinary Item

0.59

0.85

0.62

0.49

0.66

Dilution Adjustment

0.0

0.0

0.0

0.0

0.0

Diluted Net Income

5.5

8.0

5.8

4.5

6.2

Diluted Weighted Average Shares

9.4

9.4

9.4

9.4

9.4

Diluted EPS Excluding ExtraOrd Items

0.59

0.85

0.62

0.48

0.66

Diluted EPS Including ExtraOrd Items

0.59

0.85

0.62

0.48

0.66

DPS-Common Stock

0.55

0.55

0.55

0.54

0.54

Gross Dividends - Common Stock

5.2

5.3

5.1

5.5

5.1

Normalized Income Before Taxes

8.4

12.5

8.8

8.1

8.1

 

 

 

 

 

 

Inc Tax Ex Impact of Sp Items

2.7

4.3

2.8

3.2

1.8

Normalized Income After Taxes

5.7

8.2

6.1

4.9

6.3

 

 

 

 

 

 

Normalized Inc. Avail to Com.

5.5

8.0

5.9

4.7

6.2

 

 

 

 

 

 

Basic Normalized EPS

0.59

0.86

0.63

0.51

0.66

Diluted Normalized EPS

0.59

0.86

0.63

0.51

0.66

Depreciation

2.1

1.8

1.8

1.0

1.7

Operating income

-

-

-

0.0

-

Service Cost - Domestic

0.0

0.0

0.0

0.0

0.0

Interest Cost - Domestic

0.4

0.4

0.4

0.4

0.4

Expected Return on Assets - Domestic

-0.3

-0.3

-0.3

-0.3

-0.3

Prior Service Cost - Domestic

0.0

0.0

0.0

0.0

0.0

Actuarial Gain/Loss - Domestic

0.0

0.0

0.0

0.0

0.0

Curtailment Loss

-

-

-

0.0

-

Domestic Pension Plan Expense

0.0

0.0

0.0

0.0

0.1

Service Cost - Post-Retirement

0.0

0.0

0.0

0.0

0.0

Interest Cost - Post-Retirement

0.0

0.0

0.0

0.0

0.0

Expected Return on Assets - Post-Ret.

0.0

0.0

0.0

0.0

0.0

Amort. of Prior Service Cost - Post-Ret.

0.0

0.0

0.0

0.0

0.0

Amort. of Actuarial Gain/Loss - Post-Ret

0.0

0.0

0.0

0.0

0.0

Curtailment Loss

-

0.0

-

0.0

-

Post-Retirement Plan Expense

0.0

0.0

0.0

0.0

0.0

Defined Contribution Plan - Pension

-

-

-

1.1

-

Total Pension Expense

0.0

0.0

0.0

1.1

0.1

 

 

 

 

Annual Balance Sheet

As Reported

Financials in: USD (mil)

 

Except for share items (millions) and per share items (actual units)

 

 

 

 

 

 

 

 

 

30-Sep-2010

30-Sep-2009

30-Sep-2008

30-Sep-2007

30-Sep-2006

UpdateType/Date

Updated Normal
30-Sep-2010

Updated Normal
30-Sep-2009

Updated Normal
30-Sep-2008

Updated Normal
30-Sep-2007

Reclassified Normal
30-Sep-2007

Filed Currency

USD

USD

USD

USD

USD

Exchange Rate

1

1

1

1

1

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

    Cash/Equivalents

7.7

36.5

33.9

21.1

15.4

    Accounts Rcvbl.

24.6

21.3

20.3

20.3

20.9

    Doubtful Account

-0.9

-0.6

-0.6

-0.5

-0.6

    Inventories. . . . . . . . . . . . . . .

6.1

4.1

3.6

2.7

2.5

    Prepaid expenses and other current asset

3.3

2.6

1.2

1.1

1.5

    Prepaid income taxes . . . . . . . . . .

5.4

3.7

8.0

1.8

0.4

    Deferred Taxes

-

1.0

2.3

4.1

1.9

Total Current Assets

46.2

68.5

68.7

50.5

42.0

 

 

 

 

 

 

    Land and improvements. . . . . . . . . .

0.6

0.6

0.6

0.6

0.6

    Buildings and improvements . . . . . . .

4.3

4.3

4.3

4.3

4.2

    Internal software. . . . . . . . . . . .

39.4

31.2

25.3

19.4

-

    Equipment. . . . . . . . . . . . . . . .

40.9

31.2

27.3

26.4

41.2

    Accumulated depreciation and amortizatio

-45.5

-41.2

-37.4

-34.1

-29.7

    Goodwill . . . . . . . . . . . . . . . .

39.3

13.4

13.3

-

-

    Goodwill, Gross

-

-

-

16.7

16.6

    Accumulated goodwill amortization

-

-

-

-3.3

-3.3

    Intangibles, Gross

15.4

8.6

8.8

8.5

9.3

    Accumulated intangible amortization

-5.4

-4.6

-4.1

-3.5

-2.9

    J.V. Equity

8.4

7.4

5.8

5.0

4.0

    Other operating assets, net of amortizat

14.5

4.6

4.5

5.3

6.5

    Dosimetry devices, net of accumulated am

-8.9

-

-

-

-

    Deferred Taxes

-

-

0.0

0.3

1.2

    Other Assets

1.4

1.1

1.4

1.2

0.9

Total Assets

150.7

125.2

118.7

97.3

90.7

 

 

 

 

 

 

    Accounts Payable

7.2

5.2

1.0

1.7

1.4

    Short Term Debt

12.5

0.0

-

0.0

1.6

    Dividend Payable

5.1

5.0

4.7

4.4

4.1

    Deferred Revenue

14.3

15.6

15.6

13.8

13.8

    Accrued compensation and related costs .

5.0

4.9

5.4

3.7

2.8

    Accrued Pension

-

0.3

0.4

0.3

1.0

    Other accrued expenses . . . . . . . . .

5.4

5.8

7.2

4.0

3.7

Total Current Liabilities

49.6

36.9

34.2

28.0

28.4

 

 

 

 

 

 

    Pension and Postretirement Obligations

10.1

8.2

8.6

9.6

8.3

    Minority Int.

0.9

0.7

0.5

0.3

0.2

    Deferred Taxes

9.9

4.6

4.6

0.0

0.0

    Other

1.4

1.0

0.9

0.0

-

Total Liabilities

71.9

51.4

48.9

37.8

37.0

 

 

 

 

 

 

    Common stock, $.10 par value per share,

0.9

0.9

0.9

0.9

0.9

    Additional paid in capital . . . . . . .

32.7

30.8

28.8

23.6

19.6

    Retained earnings. . . . . . . . . . . .

45.9

42.5

39.7

35.5

33.6

    Accumulated other comprehensive loss . .

-0.8

-0.5

0.3

-0.5

-0.5

Total Equity

78.8

73.8

69.8

59.5

53.7

 

 

 

 

 

 

Total Liabilities & Shareholders' Equity

150.7

125.2

118.7

97.3

90.7

 

 

 

 

 

 

    S/O-Common Stock

9.5

9.4

9.3

9.2

9.1

Total Common Shares Outstanding

9.5

9.4

9.3

9.2

9.1

T/S-Common Stock

0.0

0.0

0.0

-

-

Deferred Revenue - Current

14.3

15.6

15.6

13.8

13.8

Accumulated goodwill amortization

-

-

-

3.3

3.3

Accumulated intangible amortization

14.3

4.6

4.1

3.5

2.9

Full-Time Employees

540

430

430

400

420

Number of Common Shareholders

301

343

330

356

600

Capital leases . . . . . . .

0.1

-

-

-

-

Capital leases . . . . . . .

0.2

-

-

-

-

Capital leases . . . . . . .

0.1

-

-

-

-

Total Capital Leases

0.3

-

-

-

-

Operating Lease due within 1 Year

0.7

0.4

0.4

0.3

0.3

Operating Lease due within 1-3 Years

1.3

0.3

0.4

0.6

0.1

Operating Lease due within 4-5 Years

0.6

0.2

0.1

0.2

0.0

Operating Leases Remaining payments

1.0

0.2

0.2

0.3

0.0

Total Operating Leases

3.6

1.0

1.1

1.3

0.5

Accumulated Benefit Obligation - Pension

28.8

26.1

18.0

18.6

18.6

Projected Benefit Obligation - Pension

28.8

26.1

19.9

21.5

21.6

FV of Plan Assets - Pension

21.5

20.0

12.2

13.1

11.1

Funded Status - Pension

-7.3

-6.1

-7.7

-8.4

-10.5

Projected Benefit Obligation - Post-Ret.

0.0

1.2

1.1

1.4

1.5

Funded Status - Post-Retirement

0.0

-1.2

-1.1

-1.4

-1.5

Accumulated Benefit Obligation - Post-Re

0.0

1.2

1.1

1.4

1.5

Total Funded Status

-7.3

-7.3

-8.8

-9.7

-12.0

Discount Rate - Pension

5.08%

5.59%

7.50%

6.30%

5.90%

Compensation Rate - Pension

-

3.50%

3.50%

3.50%

3.50%

Discount Rate - Post-Retirement

5.08%

5.59%

7.50%

6.30%

5.90%

Compensation Rate - Post-Retirement

-

3.50%

3.50%

3.50%

3.50%

Accrued benefit liability - Pension

0.0

-6.1

-7.7

-8.4

-6.1

Accrued benefit liability - Pension

0.0

-1.2

-1.1

-1.4

-1.4

Net Assets Recognized on Balance Sheet

0.0

-7.3

-8.8

-9.7

-7.5

Fixed Income % - Pension

72.00%

75.00%

57.00%

51.00%

55.00%

Equity Securities% - Pension

26.00%

25.00%

40.00%

48.00%

44.00%

Cash Equivalents % - Pension

2.00%

0.00%

3.00%

1.00%

1.00%

 

 

 

 

Interim Balance Sheet

As Reported

Financials in: USD (mil)

 

Except for share items (millions) and per share items (actual units)

 

 

 

 

 

 

 

 

 

30-Jun-2011

31-Mar-2011

31-Dec-2010

30-Sep-2010

30-Jun-2010

UpdateType/Date

Updated Normal
30-Jun-2011

Updated Normal
31-Mar-2011

Updated Normal
31-Dec-2010

Reclassified Normal
31-Mar-2011

Updated Normal
30-Jun-2010

Filed Currency

USD

USD

USD

USD

USD

Exchange Rate

1

1

1

1

1

 

 

 

 

 

 

    Cash/Equivalents

8.0

6.3

9.2

7.7

8.0

    Accounts Receivable

26.6

29.0

23.6

24.6

24.1

    Doubtful Accounts

-1.0

-0.9

-0.9

-0.9

-0.8

    Inventories

7.9

7.6

7.4

6.9

6.6

    Prepaid income taxes

0.3

0.3

1.3

5.4

3.2

    Prepaid expenses and other current asset

3.1

2.7

2.4

2.5

2.2

    Deferred income taxes

-

-

-

-

1.0

Total Current Assets

44.9

45.0

43.0

46.2

44.5

 

 

 

 

 

 

    Property, plant and equipment, at cost.

95.3

91.2

88.0

85.3

80.5

    Accumulated depreciation and amortizatio

-49.4

-47.9

-46.6

-45.5

-43.5

    J.V. Equity

9.8

8.9

8.5

8.4

7.7

    Goodwill . . . . . . . . . . . . . . . .

40.4

40.3

39.3

39.3

38.4

    Intangible assets

16.5

16.3

15.4

15.4

15.4

    Accumulated Amortization

-6.1

-5.8

-5.6

-5.4

-5.3

    Amortization

-10.1

-9.6

-9.2

-8.9

-12.9

    Dosemetry devices

16.0

15.3

14.8

14.5

18.1

    Other Assets

3.5

3.4

3.4

1.4

1.4

Total Assets

160.9

157.1

151.1

150.7

144.2

 

 

 

 

 

 

    Accounts Payable

6.6

6.2

4.6

7.2

4.2

    Dividends Payable

5.3

0.1

5.3

5.1

5.1

    Deferred Revenue

16.1

15.1

14.3

14.3

15.6

    Short-term debt.

12.9

18.3

15.0

12.5

13.4

    Accrued compensation and related costs .

5.1

5.3

4.5

5.9

4.9

    Other accrued expenses . . . . . . . . .

6.3

4.9

4.7

4.5

5.2

Total Current Liabilities

52.3

49.9

48.3

49.6

48.5

 

 

 

 

 

 

    Pension and postretirement obligations

10.5

10.4

10.3

10.1

8.7

    Deferred Taxes

10.0

9.9

9.8

9.9

7.1

    Other non current liabilities

1.3

1.5

1.6

1.4

1.7

    Minority Interest

1.2

1.0

0.9

0.9

0.7

Total Liabilities

75.3

72.7

70.9

71.9

66.7

 

 

 

 

 

 

    Common stock, $.10 par value per share,

0.9

0.9

0.9

0.9

0.9

    Additional paid in capital . . . . . . .

34.2

33.7

33.2

32.7

32.5

    Retained earnings. . . . . . . . . . . .

49.7

49.4

46.6

45.9

46.4

    Foreign currency translation adjustments

3.6

-

-

-

-

    Defined benefit pension and postretireme

-2.8

-

-

-

-

    Accumulated other comprehensive loss . .

-

0.3

-0.6

-0.8

-2.4

Total Equity

85.7

84.4

80.2

78.8

77.5

 

 

 

 

 

 

Total Liabilities & Shareholders' Equity

160.9

157.1

151.1

150.7

144.2

 

 

 

 

 

 

    S/O-Common Stock

9.5

9.5

9.5

9.5

9.5

Total Common Shares Outstanding

9.5

9.5

9.5

9.5

9.5

T/S-Common Stock

0.0

0.0

0.0

0.0

0.0

Deferred Revenue - Current

16.1

15.1

14.3

14.3

15.6

Accumulated Intangible Amortization

16.2

15.5

14.8

14.3

18.1

 

 

 

 

Annual Cash Flows

As Reported

Financials in: USD (mil)

 

Except for share items (millions) and per share items (actual units)

 

 

 

 

 

 

 

 

 

30-Sep-2010

30-Sep-2009

30-Sep-2008

30-Sep-2007

30-Sep-2006

Period Length

12 Months

12 Months

12 Months

12 Months

12 Months

UpdateType/Date

Updated Normal
30-Sep-2010

Reclassified Normal
30-Sep-2010

Reclassified Normal
30-Sep-2010

Updated Normal
30-Sep-2007

Updated Normal
30-Sep-2006

Filed Currency

USD

USD

USD

USD

USD

Exchange Rate (Period Average)

1

1

1

1

1

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

 

 

 

 

 

 

Net Income

24.1

23.6

23.3

19.3

19.0

    Depreciation

6.7

5.8

6.4

6.9

7.5

    Loss on sale of Assets

-

-

-

0.0

0.1

    Accelerated depreciation charges . . . .

0.0

0.0

0.4

2.9

-

    Amortization

-

-

-

0.6

0.7

    Joint Venture Equity

-1.5

-1.6

-1.4

-1.4

-1.1

    Dividend from Joint Venture

1.1

1.1

0.9

0.6

2.0

    Stock-based compensation and related net

1.8

3.0

1.6

0.8

0.9

    Stock Options Effect

-

-

-

0.9

0.4

    Excess Tax Benefit

-

-

-

-0.8

-0.2

    Defined benefit plans net

0.0

1.4

0.0

-

-

    Accounts Receivable

-0.6

-0.9

0.1

1.1

-2.1

    Other operating assets, net. . . . . . .

-2.0

-1.6

-1.7

-

-

    Decrease (increase) in prepaid taxes

-1.6

3.4

-6.2

-1.3

-

    Deferred Taxes

-

-

-

-2.2

0.0

    Other Assets

-

-

-

-

-0.2

    Deferred taxes, net. . . . . . . . . . .

4.4

2.1

6.2

0.9

-

    Dosimetry Devices

-2.8

-1.9

-1.2

-1.2

-2.4

    Increase (decrease) in accounts payable

-1.1

1.2

3.3

-0.3

-0.8

    Deferred Contract Revenue

-2.8

-0.1

1.8

-0.1

1.0

    Other operating liabilities, net . . . .

0.1

-0.4

0.6

0.7

-

    Decrease/ increase in long-term

0.5

-4.9

0.7

-

-

    Noncurrent Liabilities

-

-

-

0.7

0.8

    Minority Interest

-

-

-

-

0.2

    LT Assets

-

-

-

-

-1.6

Cash from Operating Activities

26.3

30.2

34.7

28.0

24.0

 

 

 

 

 

 

    Purch. Investments

-

-

-

-

0.0

    Acquisition of property, plant & equipme

-16.0

-9.1

-7.5

-7.4

-3.5

    Acquisition of businesses, net of cash a

-32.0

0.0

-0.5

0.0

0.0

Cash from Investing Activities

-48.0

-9.1

-8.0

-7.4

-3.5

 

 

 

 

 

 

    Dividends Paid

-20.1

-19.4

-18.3

-17.2

-16.0

    Dividend to Minority Interest

-0.3

-0.2

-0.2

-0.1

-0.1

    Stock Options, Net

0.6

0.6

4.0

3.0

3.5

    Advance from J.V.

-

-

-

-

0.0

    Proceeds Revolving Credit Facility

-

-

-

0.0

0.0

    Net borrowings on revolving credit facil

12.5

0.0

0.0

-1.7

-2.6

    Excess tax benefit from stock-based comp

0.4

0.2

1.0

0.8

0.2

Cash from Financing Activities

-6.9

-18.7

-13.4

-15.2

-15.0

 

 

 

 

 

 

Foreign Exchange Effects

-0.3

0.2

-0.3

0.2

0.3

Net Change in Cash

-28.8

2.6

12.9

5.6

5.8

 

 

 

 

 

 

Net Cash - Beginning Balance

36.5

33.9

21.1

15.4

9.6

Net Cash - Ending Balance

7.7

36.5

33.9

21.1

15.4

    Cash Interest Paid

0.4

0.0

0.0

-

-

    Cash Taxes Paid

8.7

7.5

10.2

13.2

12.7

 

 

 

 

Interim Cash Flows

As Reported

Financials in: USD (mil)

 

Except for share items (millions) and per share items (actual units)

 

 

 

 

 

 

 

 

 

30-Jun-2011

31-Mar-2011

31-Dec-2010

30-Sep-2010

30-Jun-2010

Period Length

9 Months

6 Months

3 Months

12 Months

9 Months

UpdateType/Date

Updated Normal
30-Jun-2011

Updated Normal
31-Mar-2011

Updated Normal
31-Dec-2010

Updated Normal
30-Sep-2010

Updated Normal
30-Jun-2010

Filed Currency

USD

USD

USD

USD

USD

Exchange Rate (Period Average)

1

1

1

1

1

 

 

 

 

 

 

Net Income

19.8

14.1

6.0

24.1

19.4

    Depreciation

5.8

3.6

1.8

6.7

4.7

    Equity in net income of joint venture

-1.7

0.9

-0.5

-1.5

-1.2

    Dividends from joint venture

0.9

-

0.9

1.1

1.1

    Stock-based compensation and related net

1.6

-

0.4

1.8

1.6

    Increase in accounts receivable, net . .

-1.5

-4.2

0.9

-0.6

-0.8

    Decrease in prepaid taxes

5.2

4.7

4.4

-1.6

0.4

    Other operating assets, net

-3.6

-2.0

-

-2.0

-

    Decrease in accounts payable and other a

-0.2

-1.2

-4.0

-1.1

-3.7

    Accelerated depreciation charges . . . .

-

-

-

0.0

-

    Equity in Net Income

-

-1.1

-

-

-

    Tax benefit from stock based compensatio

-

1.0

-

-

-

    Defined benefit plans curtailment loss

-

-

-

0.0

-

    Deferred taxes, net. . . . . . . . . . .

-

-

-

4.4

-

    Dosimetry Devices at Cost

-

-

-1.3

-2.8

-1.9

    Other operating activities net

-

0.4

-

-

-1.2

    (Decrease) increase in long term pension

-

-

-

0.5

0.4

    Deferred Contract Revenue

-

0.7

0.0

-2.8

-1.4

    Other operating liabilities, net

1.9

-

0.3

0.1

-

Cash from Operating Activities

28.2

16.9

8.9

26.3

17.5

 

 

 

 

 

 

    Acquisition of property, plant & equipme

-9.6

-5.7

-2.8

-16.0

-12.2

    Purchase of investment securities. . . .

-

-1.8

-1.8

-

-

    Purchase of investment securities

-1.8

-

-

-

0.0

    Acquisition of businesses, net of cash a

-1.8

-1.6

-0.2

-32.0

-32.0

Cash from Investing Activities

-13.3

-9.0

-4.8

-48.0

-44.3

 

 

 

 

 

 

    Net borrowings on revolving credit facil

0.4

5.8

2.5

12.5

13.4

    Dividends Paid

-15.4

-15.4

-5.1

-20.1

-15.0

    Dividends to Minority Interest

-0.2

-0.2

-0.2

-0.3

-0.3

    Stock Options, Net

0.1

0.1

0.1

0.6

0.6

    Excess tax benefit from stock-based comp

0.0

0.0

0.0

0.4

0.4

Cash from Financing Activities

-15.1

-9.7

-2.7

-6.9

-0.9

 

 

 

 

 

 

Foreign Exchange Effects

0.6

0.5

0.0

-0.3

-0.9

Net Change in Cash

0.4

-1.4

1.5

-28.8

-28.5

 

 

 

 

 

 

Net Cash - Beginning Balance

7.7

7.7

7.7

36.5

36.5

Net Cash - Ending Balance

8.0

6.3

9.2

7.7

8.0

    Cash Interest Paid

-

-

-

0.4

-

    Cash Taxes Paid

-

-

-

8.7

-

 

 

 

 

Geographic Segments

Financials in: As Reported (mil)

Annual

 

 

 

External Revenue   USD (mil)

 

30-Sep-10

30-Sep-09

30-Sep-08

30-Sep-07

30-Sep-06

United States

84.0

73.4 %

69.7

74.2 %

66.7

74.1 %

64.9

77.6 %

64.0

80.9 %

Europe

18.3

16 %

13.7

14.6 %

14.6

16.2 %

12.0

14.4 %

10.1

12.8 %

Other Foreign

12.1

10.6 %

10.4

11.1 %

8.7

9.7 %

6.7

8.1 %

5.0

6.3 %

Segment Total

114.4

100 %

93.8

100 %

90.0

100 %

83.7

100 %

79.0

100 %

Consolidated Total

114.4

100 %

93.8

100 %

90.0

100 %

83.7

100 %

79.0

100 %

Total Revenue   USD (mil)

 

30-Sep-10

30-Sep-09

30-Sep-08

30-Sep-07

30-Sep-06

United States

84.0

73.4 %

69.7

74.2 %

66.7

74.1 %

64.9

77.6 %

64.0

80.9 %

Europe

18.3

16 %

13.7

14.6 %

14.6

16.2 %

12.0

14.4 %

10.1

12.8 %

Other Foreign

12.1

10.6 %

10.4

11.1 %

8.7

9.7 %

6.7

8.1 %

5.0

6.3 %

Segment Total

114.4

100 %

93.8

100 %

90.0

100 %

83.7

100 %

79.0

100 %

Consolidated Total

114.4

100 %

93.8

100 %

90.0

100 %

83.7

100 %

79.0

100 %

 

 

 

Business Segments

Financials in: As Reported (mil)

Annual

 

 

 

External Revenue   USD (mil)

 

30-Sep-10

30-Sep-09

Radiation Monitoring

100.3

87.7 %

93.8

100 %

Medical Physic

14.0

12.3 %

0.0

0 %

Segment Total

114.4

100 %

93.8

100 %

Consolidated Total

114.4

100 %

93.8

100 %

Total Revenue   USD (mil)

 

30-Sep-10

30-Sep-09

Radiation Monitoring

100.3

87.7 %

93.8

100 %

Medical Physic

14.0

12.3 %

0.0

0 %

Segment Total

114.4

100 %

93.8

100 %

Consolidated Total

114.4

100 %

93.8

100 %

 

Depreciation   USD (mil)

 

30-Sep-10

30-Sep-09

Radiation Monitoring

6.1

90.7 %

5.8

100 %

Medical Physic

0.6

9.3 %

0.0

0 %

Segment Total

6.7

100 %

5.8

100 %

Consolidated Total

6.7

100 %

5.8

100 %

Operating Income/Loss   USD (mil)

 

30-Sep-10

30-Sep-09

Radiation Monitoring

35.6

102.7 %

32.5

100 %

Medical Physic

-0.9

-2.7 %

0.0

0 %

Segment Total

34.6

100 %

32.5

100 %

Consolidated Total

34.6

100 %

32.5

100 %

 

Operating Margin (%)  

 

30-Sep-10

30-Sep-09

Radiation Monitoring

35.4

-

34.7

-

Medical Physic

-6.6

-

-

-

Segment Total

30.3

-

34.7

-

Consolidated Total

30.3

-

34.7

-

Purchase of Fixed Assets   USD (mil)

 

30-Sep-10

30-Sep-09

Radiation Monitoring

15.5

97.1 %

9.1

100 %

Medical Physic

0.5

2.9 %

-

-

Segment Total

16.0

100 %

9.1

100 %

Consolidated Total

16.0

100 %

9.1

100 %

 

 

 

Business Segments

Financials in: As Reported (mil)

 

Interim

 

 

External Revenue   USD (mil)

 

30-Jun-11

31-Mar-11

31-Dec-10

30-Sep-10

30-Jun-10

Radiation Monitoring

23.9

81.8 %

27.5

85.2 %

23.9

84.1 %

24.6

84.5 %

22.3

84.9 %

Medical Physics

5.3

18.2 %

4.8

14.8 %

4.5

15.9 %

4.5

15.5 %

4.0

15.1 %

Segment Total

29.2

100 %

32.3

100 %

28.4

100 %

29.1

100 %

26.3

100 %

Consolidated Total

29.2

100 %

32.3

100 %

28.4

100 %

29.1

100 %

26.3

100 %

Total Revenue   USD (mil)

 

30-Jun-11

31-Mar-11

31-Dec-10

30-Sep-10

30-Jun-10

Radiation Monitoring

23.9

81.8 %

27.5

85.2 %

23.9

84.1 %

24.6

84.5 %

22.3

84.9 %

Medical Physics

5.3

18.2 %

4.8

14.8 %

4.5

15.9 %

4.5

15.5 %

4.0

15.1 %

Segment Total

29.2

100 %

32.3

100 %

28.4

100 %

29.1

100 %

26.3

100 %

Consolidated Total

29.2

100 %

32.3

100 %

28.4

100 %

29.1

100 %

26.3

100 %

 

Depreciation   USD (mil)

 

30-Jun-11

31-Mar-11

31-Dec-10

30-Sep-10

30-Jun-10

Radiation Monitoring

1.9

88.8 %

1.6

87.9 %

1.6

88.1 %

1.7

89.8 %

1.5

89.8 %

Medical Physics

0.2

11.2 %

0.2

12.1 %

0.2

11.9 %

0.2

10.2 %

0.2

10.2 %

Segment Total

2.1

100 %

1.8

100 %

1.8

100 %

1.9

100 %

1.7

100 %

Consolidated Total

2.1

100 %

1.8

100 %

1.8

100 %

1.9

100 %

1.7

100 %

Operating Income/Loss   USD (mil)

 

30-Jun-11

31-Mar-11

31-Dec-10

30-Sep-10

30-Jun-10

Radiation Monitoring

7.8

99.5 %

12.1

101.6 %

8.6

105.6 %

7.8

104.4 %

8.0

100 %

Medical Physics

0.0

0.5 %

-0.2

-1.6 %

-0.5

-5.6 %

-0.3

-4.4 %

0.0

0 %

Segment Total

7.8

100 %

11.9

100 %

8.1

100 %

7.5

100 %

8.0

100 %

Consolidated Total

7.8

100 %

11.9

100 %

8.1

100 %

7.5

100 %

8.0

100 %

 

Operating Margin (%)  

 

30-Jun-11

31-Mar-11

31-Dec-10

30-Sep-10

30-Jun-10

Radiation Monitoring

32.6

-

43.9

-

35.9

-

31.8

-

35.7

-

Medical Physics

0.8

-

-4.0

-

-10.1

-

-7.4

-

-0.1

-

Segment Total

26.9

-

36.7

-

28.6

-

25.7

-

30.3

-

Consolidated Total

26.9

-

36.7

-

28.6

-

25.7

-

30.3

-

Total Assets   USD (mil)

 

30-Jun-11

31-Mar-11

31-Dec-10

30-Sep-10

30-Jun-10

Radiation Monitoring

130.8

81.3 %

127.6

81.2 %

122.6

81.1 %

121.9

80.9 %

115.7

80.2 %

Medical Physics

30.1

18.7 %

29.5

18.8 %

28.5

18.9 %

28.8

19.1 %

28.5

19.8 %

Segment Total

160.9

100 %

157.1

100 %

151.1

100 %

150.7

100 %

144.2

100 %

Consolidated Total

160.9

100 %

157.1

100 %

151.1

100 %

150.7

100 %

144.2

100 %

 

Operating Return on Assets (%)  

 

30-Jun-11

31-Mar-11

31-Dec-10

30-Sep-10

30-Jun-10

Radiation Monitoring

6.0

-

9.5

-

7.0

-

6.4

-

6.9

-

Medical Physics

0.1

-

-0.7

-

-1.6

-

-1.2

-

0.0

-

Segment Total

4.9

-

7.6

-

5.4

-

5.0

-

5.5

-

Consolidated Total

4.9

-

7.6

-

5.4

-

5.0

-

5.5

-

Purchase of Fixed Assets   USD (mil)

 

30-Jun-11

31-Mar-11

31-Dec-10

30-Sep-10

30-Jun-10

Radiation Monitoring

3.8

95.3 %

2.8

96.4 %

2.6

93.4 %

3.5

94.8 %

3.1

96.1 %

Medical Physics

0.2

4.7 %

0.1

3.6 %

0.2

6.6 %

0.2

5.2 %

0.1

3.9 %

Segment Total

4.0

100 %

2.9

100 %

2.8

100 %

3.7

100 %

3.2

100 %

Consolidated Total

4.0

100 %

2.9

100 %

2.8

100 %

3.7

100 %

3.2

100 %

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.62

UK Pound

1

Rs.76.68

Euro

1

Rs.66.47

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

NB

                                       New Business

 

--

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.