Crompton & Knowles Corp Watch

from 10-K ~10 pages Articles of Incorporation or Bylaws

from 10-K ~10 pages Articles of Incorporation or Bylaws

from 10-Q 1 page March 30, 1996 Unaudited Crompton & Knowles Corporation and Subsidiaries Consolidated Balance Sheets March 30, 1996 and December 30, 1995 (In Thousands of Dollars) March 30, December 30, 1996 1995 Assets Current Assets Cash $ 2,599 $ 918 Accounts Receivable 123,779 112,693 Inventories 163,210 154,846 Other Current Assets 25,589 23,038 Total Current Assets 315,177 291,495 Non-Current Assets Property, Plant and Equipment 135,051 129,991 Cost in Excess of Acquired Net Assets 60,525 51,922 Other Assets 10,765 10,730 $ 521,518 $ 484,138 Liabilities and Stockholders' Equity Current Liabilities Notes Payable $ 57,886 $ 60,439 Accounts Payable 60,991 49,415 Accrued Expenses 41,916 35,136 Income Taxes Payable 8,141 3,747 Other Current Liabilities 21,894 16,578 Total Current Liabilities 190,828 165,315 Non-Current Liabilities Long-Term Debt 74,000 64,000 Accrued Postretirement Liability 7,635 7,559 Deferred Income Taxes 7,197 7,217 Stockholders' Equity Common Stock 5,336 5,336 Additional Paid-In Capital 59,557 59,440 Retained Earnings 237,098 234,113 Accumulated Translation Adjustment 4,797 6,320 Treasury Stock at Cost (62,890) (62,972) Deferred Compensation (2,040) (2,190) Total Stockholders' Equity 241,858 240,047 $ 521,518 $ 484,138 See Accompanying Notes to Consolidated Financial Statements. - 3

from 10-Q 1 page September 30, 1995 Unaudited Crompton & Knowles Corporation and Subsidiaries Consolidated Balance Sheets September 30, 1995 and December 31, 1994 (In Thousands) September 30, December 31 1995 1994 Assets Current Assets Cash $ 2,913 $ 1,832 Accounts Receivable 110,723 81,859 Inventories 162,367 157,356 Other Current Assets 27,920 19,610 Total Current Assets 303,923 260,657 Non-Current Assets Property, Plant and Equipment 124,864 117,105 Cost in Excess of Acquired Net Assets 50,453 43,429 Other Assets 11,412 11,137 $ 490,652 $ 432,328 Liabilities and Stockholders' Equity Current Liabilities Notes Payable $ 68,943 $ 39,670 Accounts Payable 48,916 47,000 Accrued Expenses 31,232 33,369 Income Taxes Payable 3,993 4,138 Other Current Liabilities 17,754 14,865 Total Current Liabilities 170,838 139,042 Non-Current Liabilities Long-Term Debt 64,000 54,000 Accrued Postretirement Liability 8,011 8,698 Deferred Income Taxes 7,011 6,681 Total Non-Current Liabilities 79,022 69,379 Stockholders' Equity Common Stock 5,336 5,336 Additional Paid-In Capital 60,078 62,241 Retained Earnings 233,435 218,837 Accumulated Translation Adjustment 6,677 1,858 Treasury Stock at Cost (62,350) (54,213) Deferred Compensation (2,384) (10,152) Total Stockholders' Equity 240,792 223,907 $ 490,652 $ 432,328 See Accompanying Notes to the Consolidated Financial Statements. - 3

from 10-Q 1 page July 1, 1995 Unaudited Crompton & Knowles Corporation and Subsidiaries Consolidated Balance Sheets July 1, 1995 and December 31, 1994 (In Thousands) July 1, December 31, 1995 1994 Assets Current Assets Cash $ 3,547 $ 1,832 Accounts Receivable 106,722 81,859 Inventories 168,863 157,356 Other Current Assets 26,245 19,610 Total Current Assets 305,377 260,657 Non-Current Assets Property, Plant and Equipment 124,816 117,105 Cost in Excess of Acquired Net Assets 50,040 43,429 Other Assets 11,330 11,137 $ 491,563 $ 432,328 Liabilities and Stockholders' Equity Current Liabilities Notes Payable $ 73,212 $ 39,670 Accounts Payable 51,280 47,000 Accrued Expenses 34,146 33,369 Income Taxes Payable 4,757 4,138 Other Current Liabilities 18,732 14,865 Total Current Liabilities 182,127 139,042 Non-Current Liabilities Long-Term Debt 54,000 54,000 Accrued Postretirement Liability 8,493 8,698 Deferred Income Taxes 7,061 6,681 Stockholders' Equity Common Stock 5,336 5,336 Additional Paid-In Capital 60,022 62,241 Retained Earnings 231,730 218,837 Accumulated Translation Adjustment 7,777 1,858 Treasury Stock at Cost (62,408) (54,213) Deferred Compensation (2,575) (10,152) Total Stockholders' Equity 239,882 223,907 $ 491,563 $ 432,328 See Accompanying Notes to the Consolidated Financial Statements. - 3

from 10-Q 1 page April 1, 1995 Unaudited Crompton & Knowles Corporation and Subsidiaries Consolidated Balance Sheets April 1, 1995 and December 31, 1994 (In Thousands) April 1, December 31, 1995 1994 Assets Current Assets Cash $ 2,803 $ 1,832 Accounts Receivable 103,813 81,859 Inventories 169,520 157,356 Other Current Assets 24,977 19,610 Total Current Assets 301,113 260,657 Non-Current Assets Property, Plant and Equipment 123,190 117,105 Cost in Excess of Acquired Net Assets 50,379 43,429 Other Assets 11,727 11,137 $ 486,409 $ 432,328 Liabilities and Stockholders' Equity Current Liabilities Notes Payable $ 59,741 $ 39,670 Accounts Payable 57,505 47,000 Accrued Expenses 39,184 33,369 Income Taxes Payable 8,364 4,138 Other Current Liabilities 18,886 14,865 Total Current Liabilities 183,680 139,042 Non-Current Liabilities Long-Term Debt 54,000 54,000 Accrued Postretirement Liability 8,655 8,698 Deferred Income Taxes 7,016 6,681 Stockholders' Equity Common Stock 5,336 5,336 Additional Paid-In Capital 62,389 62,241 Retained Earnings 226,219 218,837 Accumulated Translation Adjustment 6,586 1,858 Treasury Stock at Cost (57,793) (54,213) Deferred Compensation (9,679) (10,152) Total Stockholders' Equity 233,058 223,907 $ 486,409 $ 432,328 See Accompanying Notes to the Consolidated Financial Statements. - 3

from 10-Q 1 page Unaudited Crompton & Knowles Corporation and Subsidiaries Consolidated Statements of Cash Flows Nine Months Ended September 24, 1994 and September 25, 1993 (In Thousands) Sept. 24, Sept. 25, Increase (Decrease) to Cash 1994 1993 Cash Flows From Operating Activities Net Earnings $ 39,089 $ 39,454 Adjustments to Reconcile Net Earnings to Net Cash Provided by Operations: Depreciation and Amortization 9,995 9,453 Deferred Compensation 272 1,169 Changes in Assets and Liabilities, Net (35,283) (18,769) Net Cash Provided by Operations 14,073 31,307 Cash Flows From Investing Activities Acquisitions (13,734) - Capital Expenditures (13,722) (8,938) Other Investing Activities 420 1,766 Net Cash Used by Investing Activities (27,036) (7,172) Cash Flows From Financing Activities Proceeds From Long-Term Borrowings 30,000 - Payments of Long-Term Debt (10,000) (5,000) Change in Notes Payable 31,399 332 Net Treasury Stock Activity (23,288) 689 Dividends Paid (17,382) (14,353) Net Cash Provided (Used) by Financing Activities 10,729 (18,332) Cash Effect of Exchange Rates on Cash 157 36 Change in Cash (2,077) 5,839 Cash at Beginning of Period 9,284 2,441 Cash at End of Period $ 7,207 $ 8,280 See Accompanying Notes to the Consolidated Financial Statements. -4

from 10-Q 1 page <table> Unaudited Crompton & Knowles Corporation and Subsidiaries Consolidated Statements of Cash Flows Six Months Ended June 25, 1994 and June 26, 1993 (In Thousands) June 25, June 26, Increase (Decrease) to Cash 1994 1993 Cash Flows From Operating Activities <s> <c> <c> Net Earnings $ 28,865 $ 27,948 Adjustments to Reconcile Net Earnings to Net Cash Provided by Operations: Depreciation and Amortization 6,399 6,321 Deferred Compensation and Income Taxes 655 729 Changes in Assets and Liabilities, Net (26,306) (18,489) Net Cash Provided by Operations 9,613 16,509 Cash Flows From Investing Activities Acquisition (10,718) - Capital Expenditures (7,388) (4,775) Other Investing Activities 106 1,508 Net Cash Used by Investing Activities (18,000) (3,267) Cash Flows From Financing Activities Proceeds From Long-Term Borrowings 10,000 - Payments of Long-Term Debt (10,000) - Change in Notes Payable 18,903 (3,398) Net Treasury Stock Activity (6,206) 393 Dividends Paid (11,287) (9,221) Net Cash Used by Financing Activities 1,410 (12,226) Cash Effect of Exchange Rates on Cash 52 (46) Change in Cash (6,925) 970 Cash at Beginning of Period 9,284 2,441 Cash at End of Period $ 2,359 $ 3,411 See Accompanying Notes to the Consolidated Financial Statements. -4- </Table>