1. Comment on at least three points, interpreting the data into management information (about vertical analysis 3 comments and about horizental 3 comment)
Column 1 Column2 Column3 Column4 Vista Outdoor LLC 3 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (In US $ Milions) For the years Ended March 31 7 2022 202 2020 V- Analysis 2022 V- Analysis 2021 V- Analysis 2020 H- Analysis 2022-2021 8 Sales, net $3,044,621 $2,225,522 $1,755,871 00.00% 100.00% 100.00% 36.80% 9 Cost of sales 1,935,389 1,592,562 1,397,105 13.579 1.56% 9.57% 21.53% 10 Gross profit 1,109,232 632,960 358,766 36.43% 28.44% 20.43% 75.25% 11 Operating expenses: 3.00% 0.00% 0.00% Research and development 28,737 22,538 22,998 1.01% 1.31% 27.50% 13 Selling, general, and administrative 134,273 337,460 302,554 14.26% 5.16% 17.23% 28.69% 14 Impairment of goodwill and intangibles 155,588 0.00% 0.00% B.86% 15 Impairment of held-for-sale assets 9,429 0.00% 0.00% 0.54% 16 Earnings (loss) before interest, income taxes, and other 646.222 272,962 131,803 21.23% 12.27% 7.51% 136.74% 17 Other income (expenses) 0.00% 0.00% 0.00% 18 Gain (loss) on divestitures 18,46 -433 0.00% 0.83% -0.02% -100.00% 19 Loss on extinguishment of debt -6.471 0.00% 0.29% 0.00% 100.00% 20 Earnings (loss) before interest and income taxes 646,222 284,958 -132,236 21.23% 12.80% 7.53% 126.78% 21 Interest expense, net -25.264 -25,574 -38,791 0.83% 1.15% 2.21% -1.21% 22 Earnings (loss) before income taxes 620,958 259,384 171,027 0.40% 11.65% 9.74% 139.40% 23 Income tax (provision) benefit -147,732 6,628 15,948 4.85% 0.30% 0.91% -2328.91% 24 Net income (loss) $473,226 $266,012 -$155,079 15.54% 11.95% -8.83% 77.90% 25 Earnings (loss) per common share: 0.00% 0.00% 0.00% 26 Basic $8.27 $4.57 -$2.68 0.00% 0.00 0.00% 80.96% 27 Diluted $8.00 $4.44 -$2.68 0.00% 0.00% 0.00% 80. 18% 28 0.00% 0.00% 0.00% 29 Weighted-average number of common shares outstanding: 0.00% 0.00% 0.00% 30 Basic 57,190 38,241 57,846 1.88% 2.62% 3.29% -1.80% 31 Diluted 59.137 59.905 57.846 1.94% 2.69% 3.29% 1.28% 32 0.00% 0.00% 0.00% 33 Net income (loss) (from above) $473,226 $266,012 -$155,079 15.54% 1.95% -8.83% 77.90% 4 Other comprehensive income (loss), net of tax: 0.00% 0.00% 1.00% 5 Pension and other postretirement benefit liabilities: 0.00% 0.00% 0.00% Reclassification of prior service credits for pension andpostretirer -1336 -236 -313 -0.04% 0.01% 0.02% 466.10% 37 Reclassification of net actuarial loss for pension and postretirem 3744 2927 3247 0.12% 0.13% 0.18% 27.91% 38 Valuation adjustment for pension and postretirement benefit plan 4683 12496 21617 0.15% 0.56% -1.23% -62.52% 39 Change in derivative instruments, net of tax benefit (expense) of : 517 1587 -2161 -0.02% 0.07% -0. 12% -132.58% 40 Reclassification of currency translation gains 3150 0.00% 0.00% 0.18% 41 Change in cumulative translation adjustment -58 1025 -333 0.00% 0.05% .0.02% 105.66% 42 Total other comprehensive income (loss) 6516 17799 -18027 .21% 0.80% -1.03% -63.39% 43 Comprehensive income (loss) $479,742 $283,811 -$173,106 15.76% 12.75% 9.86% 69.04% 44 46 Balance Sheet 47 March 31, 48 2022 2021 49 ASSETS 50 Current assets: V- Analysis 2022 V- Analysis 2021 51 Cash and cash equivalents $22,584 $243,265 0.94% 13.78% -90.72% 52 Net receivable 356,773 301,575 14.899 17.09% 18.30% 53 Net inventories 642,976 454,504 26.83% 25.75% 41.47% 54 Income tax receivable 43,560 37,870 1.82% 2.15% 15.03% 55 Other current assets 45,050 27,018 1.88% 1.53% 6.74% 56 Total current assets 1, 110,943 .064,232 6.36% 50.30% 4.39% 57 Net property, plant, and equipment 211,087 97,531 8.81% 11.19% 6.86% 58 Operating lease assets 78,252 72,400 3.27% 4.10% 8.08% 59 Goodwill 181,857 86.082 20.11% 4.88% 459.77% 60 Net intangible assets 459,795 314,95 19.19% 17.85% 45.99% 61 Deferred charges and other non-current assets 54,267 29,739 2.260 1.68% 82.48% 62 Total assets $2,396,201 $1,764,939 100.00% 100.00% 35.77% 63 LIABILITIES AND STOCKHOLDERS' EQUITY 64 Current liabilities: 65 Accounts payable $146,697 $163,839 6.12% 9.28% 10.46% 66 Accrued compensation 79, 171 63.318 3.30% 3.59% 25.04% 67 Federal excise, use, and other taxes 0,825 23,092 1.70% 1.31% 76.79% 68 Other current liabilities 127 180 120,568 6.83% 5.48% 69 Total current liabilities 393 873 370 ,817 16.44% 21 01% 6.22% 70 Long-term debt 666, 114 495,564 27.80% 28.08% 34.42% 71 Deferred income tax liabilities 29,304 8,235 1.22% 0.47% 255.85% 72 Long-term operating lease liabilities 80,083 77,375 3.34% 4.38% 3.50% 73 Accrued pension and postemployment benefits 22,634 33,503 0.94% 1.90% -32.44% 74 Other long-term liabilities 79,794 42,448 3.33% 2.41% 87.98% 75 Total liabilities 1,271,802 1,027,942 53.08% 58.24% 23.72% 76 Commitments and contingencies 77 Common stock-$.01 par value: 78 Authorized-500,000,000 shares Issued and outstanding-56,093,456 shares as of March 31, 79 2022 and 58,561,016 shares as of March 31, 2021 560 585 0.02% 0.03% -4.27% 80 Additional paid-in-capital ,730,927 1,731,479 72.24% 98.10% -0.03% 81 Accumulated deficit -220,810 -694,036 -9.22% 39.32% 68.18% 82 Accumulated other comprehensive loss -76,679 83, 195 -3.20% -4.71% -7.83% Common stock in treasury, at cost-7,870,983 shares held as of March 31, 2022 and 5,403,423 shares held as of March 31, 83 2021 -309,599 -217,836 -12.92% -12.34% 42.12% 84 Total stockholders' equity 1, 124,399 736,997 46.92% 41.76% 52.56% 35 Total liabilities and stockholders' equity $2,396,201 $1,764,939 100.00%% 100.00% 35.77%
