X RITE INC
Industrials · Photographic Equipment & Supplies · MI · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY11 | FY10 | |
|---|---|---|
| Revenue | $222.7M | $191.7M |
| Operating income | $28.9M | $3.8M |
| Net income | $3.6M | −$25.2M |
| Total assets | $439.1M | — |
| Total liabilities | — | — |
| Equity | $221.5M | $212.1M |
| EPS (diluted) | $0.04 | $-0.33 |
| Shares out. | 84.8M | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2011- Operating margin
- 13.0%
- Net margin
- 1.6%
- Return on equity
- 1.6%
- Return on assets
- 0.8%
- Return on capital (ROCE)
- 7.2%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $2.61
- Revenue growth (YoY)
- 16.2%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2011- Accruals / assets
- −9.0%clean
- Piotroski F-Score
- 4/4mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 4 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Nov 14, 2001
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Oepx, Llc10% owner | May 15, 2011 | D | 5,589 | $5.55 |
| Sagard Capital Partners, L.P.10% owner | May 15, 2012 | D | 5,589 | $5.55 |
| Vacchiano Thomas J JrOfficer — Chief Executive Officer | May 15, 2012 | D | 545,554 | $5.55 |
| Shah Rajesh KOfficer — EVP, CFO | May 15, 2012 | D | 207,176 | $5.55 |
| Stalam VijenderOfficer — SVP, Sales & Marketing | May 15, 2012 | D | 46,063 | $5.55 |
| Lamy Francis AOfficer — EVP- Chief Technology Officer | May 15, 2012 | D | 130,744 | $5.55 |
| Argov GideonDirector | May 15, 2012 | D | 92,807 | $5.55 |
| Eckert David ADirector | May 15, 2012 | D | 56,465 | $5.55 |
| Frieder L PeterDirector | May 15, 2012 | D | 72,992 | $5.55 |
| Utley John EDirector | May 15, 2012 | D | 8,540 | $5.55 |
| Weishaar Mark DDirector | May 15, 2012 | D | 68,742 | $5.55 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsMay 15, 2012
- Entered a material agreement · Regulation FD disclosureApr 11, 2012
- Results of operations · Regulation FD disclosureMar 15, 2012
- Results of operations · Regulation FD disclosureNov 10, 2011
- Results of operations · Regulation FD disclosureAug 4, 2011
- Director / officer change · Amended charter or bylaws · Shareholder voteMay 20, 2011
- Results of operations · Regulation FD disclosureMay 5, 2011
- Entered a material agreement · Terminated a material agreement · New financial obligation · Other material eventMar 31, 2011
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.