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AAON - Fundamentalanalyse - Jahresbericht / Bilanz / Geschäftsbericht

AAON INC. (ISIN: US0003602069, WKN: 894255) Kursdatum: 21.07.2017 Kurs: 37,300 USD
Beschreibung Daten
Symbol AAON
Marktkapitalisierung 1.993.677.568,00 USD
Land Vereinigte Staaten von Amerika
Indizes NASDAQ Comp.
Sektor Industriegüter
Rohdaten nach US GAAP in Millionen USD
Aktiensplits 2014-07-17 - 3:2 | 2013-07-03 - 3:2 | 2011-06-14 - 3:2 | 2007-08-22 - 3:2 | 2002-06-05 - 3:2 | 2001-10-01 - 3:2 |
Internet
Letztes Bilanz Update 23.02.2017

Fundamentaldaten

Fundamental Verhältnisse errechnet am: 21.07.2017
KFCV KCV DIV Rendite GKR EKQ KGV KUV KBV
53,42 31,19 0,64% 20,84 80,26 37,30 5,19 9,68

Firmenbeschreibung

Quarterly Results (Unaudited)The following is a summary of the quarterly results of operations for the years ending December 31, 2015 and 2014:  Quarter First Second Third Fourth (in thousands, except per share data)2015       Net sales$76,768 $90,275 $94,360 $97,229Gross profit21,798 27,117 30,185 29,581Net income8,399 11,130 13,251 12,948Earnings per share:       Basic$0.16 $0.21 $0.24 $0.24Diluted$0.15 $0.20 $0.24 $0.242014       Net sales$76,367 $92,310 $102,917 $84,728Gross profit21,846 27,876 33,350 25,191Net income9,822 11,363 12,440 10,533Earnings per share:       Basic$0.18 $0.21 $0.23 $0.19Diluted$0.17 $0.20 $0.22 $0.19

Firmenstrategie

Principles of ConsolidationThese financial statements are prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"). The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated.

RevenueRecognitionPolicyTextBlock

Revenue Recognition


We recognize revenues from sales of products when title and risk of ownership pass to the customer. Final sales prices are fixed and based on purchase orders. Sales allowances and customer incentives are treated as reductions to sales and are provided for based on historical experiences and current estimates. Sales of our products are moderately seasonal with the peak period being July - November of each year.


In addition, the Company presents revenues net of sales tax and net of certain payments to our independent manufacturer representatives (“Representatives”). Representatives are national companies that are in the business of providing HVAC units and other related products and services to customers. The end user customer orders a bundled group of products and services from the Representative and expects the Representative to fulfill the order. Only after the specifications are agreed to by the Representative and the customer, and the decision is made to use an AAON HVAC unit, will we receive notice of the order. We establish the amount we must receive for our HVAC unit (“minimum sales price”), but do not control the total order price which is negotiated by the Representative with the end user customer.


We are responsible for billings and collections resulting from all sales transactions, including those initiated by our Representatives. The Representatives submit the total order price to us for invoicing and collection. The total order price includes our minimum sales price and could contain an additional amount which may include both the Representatives’ fee and amounts due for additional products and services required by the customer. These additional products and services may include controls purchased from another manufacturer to operate the unit, start-up services, and curbs for supporting the unit (“Third Party Products”). All are associated with the purchase of a HVAC unit but may be provided by the Representative or another third party. The Company is under no obligation related to Third Party Products.

 

The Representatives’ fee and Third Party Products amounts (“Due to Representatives”) are paid only after all amounts associated with the order are collected from the customer. The Due to Representatives amount is paid only after all amounts associated with the order are collected from the customer. The amount of payments to our representatives was $55.4 million, $59.7 million, and $63.0 million for each of the years ended December 31, 2015, 2014, and 2013, respectively.


The Company also sells extended warranties on parts for various lengths of time ranging from six months to 10 years. Revenue for these separately priced warranties is deferred and recognized on a straight-line basis over the separately priced warranty period.

SegmentReportingDisclosureTextBlock

EarningsPerSharePolicyTextBlock

Earnings Per Share


Basic net income per share is calculated by dividing net income by the weighted average number of shares of common stock outstanding during the period. Diluted net income per share assumes the conversion of all potentially dilutive securities and is calculated by dividing net income by the sum of the weighted average number of shares of common stock outstanding plus all potentially dilutive securities. Dilutive common shares consist primarily of stock options and restricted stock awards.


The following table sets forth the computation of basic and diluted earnings per share:

 
2015
 
2014
 
2013
Numerator:
(in thousands, except share and per share data)
Net income
$
45,728

 
$
44,158

 
$
37,547

Denominator:
 

 
 

 
 

Basic weighted average shares
54,045,841

 
54,809,319

 
55,119,150

Effect of dilutive stock options and restricted stock
435,643

 
559,697

 
468,231

Diluted weighted average shares
54,481,484

 
55,369,016

 
55,587,381

Earnings per share:
 

 
 

 
 

Basic
$
0.85

 
$
0.81

 
$
0.68

Dilutive
$
0.84

 
$
0.80

 
$
0.68

Anti-dilutive shares:
 

 
 

 
 

Shares
146,548

 
32,436

 
206,264