Slide 1: IDEX Reports First Quarter Results - EPS of 84 Cents
For further information: TRADED: NYSE (IEX) Investor Contact: Heath Mitts Senior Vice President and Chief Financial Officer (847) 498-7070 MONDAY, APRIL 20, 2015 IDEX REPORTS FIRST QUARTER RESULTS - EPS OF 84 CENTS LAKE FOREST, IL, APRIL 20 - IDEX Corporation (NYSE: IEX) today announced its financia
Slide 2: Table 2: Reconciliations of Segment EBITDA
Table 2: Reconciliations of Segment EBITDA (dollars in thousands)
Slide 3: Conference Call to be Broadcast over the Internet
Conference Call to be Broadcast over the Internet IDEX will broadcast its first quarter earnings conference call over the Internet on Tuesday, April 21, 2015 at 9:30 a.m. CT. Chairman and Chief Executive Officer Andy Silvernail and Senior Vice President and Chief Financial Officer Heath Mitts will d
Slide 4: Condensed Consolidated Statements of Operations
Condensed Consolidated Statements of Operations (in thousands except per share amounts) IDEX CORPORATION (unaudited) Three Months Ended March 31, 2015 2014 Net sales $ 502,198 § 543,995 Cost of sales 276,157 299,576 Gross profit 226,041 244 420) Selling, general and administrative expenses 124,284 1
Slide 5: Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets (in thousands) (unaudited) March 31, December 31, 2015 2014 Assets Current assets Cash and cash equivalents $ 494495 © § 509,137 Receivables - net 267,206 256 040) Inventories 243,565 237 631 Other current assets 76,124 72,983 Total current assets 7,081,388 775,
Slide 6: Condensed Consolidated Statements of Cash Flow
IDEX CORPORATION Condensed Consolidated Statements of Cash Flow (in thousands) (unaudited) Three Months Ended March 31, 2015, 2014 Cash flows from operating a S Net income $ 65,954 § 74.548 8,580 8.394 9,930 10,863 Amortization of debt issuance expenses 434 423 Share-hased compensation expense 6,882
Slide 7: Company and Segment Financial Information
IDEX CORPORATION Company and Segment Financial Information (dollars in thousands) (anaudited) Three Months Ended March 34, 2015" 2014 Fluid & Metering Technologies Het sales 8 219,248 3 223,381 Operating income ™ 55,898 58,407 Operating margin 25.6 % 253 EBITDA ® $63,064 3 63,237 EBITDA margin 28.9
Slide 8: Footnotes on EPS, segment data and EBITDA calculations
(a) Caleulated by applying the two-class method of allocating earnings to common stock and participating securities as Fequired by ASC 260, Earnings Per Share. (b) Three month data includes acquisition of Aegis (April 2014) in the Fluid & Metering Technologies segment from the date of acquisition. (