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Hardinge (Hardinge) Retained Earnings : $96.7 Mil (As of Mar. 2018)


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What is Hardinge Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hardinge's retained earnings for the quarter that ended in Mar. 2018 was $96.7 Mil.

Hardinge's quarterly retained earnings increased from Sep. 2017 ($91.7 Mil) to Dec. 2017 ($94.9 Mil) and increased from Dec. 2017 ($94.9 Mil) to Mar. 2018 ($96.7 Mil).

Hardinge's annual retained earnings increased from Dec. 2015 ($89.4 Mil) to Dec. 2016 ($89.6 Mil) and increased from Dec. 2016 ($89.6 Mil) to Dec. 2017 ($94.9 Mil).


Hardinge Retained Earnings Historical Data

The historical data trend for Hardinge's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hardinge Retained Earnings Chart

Hardinge Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.94 87.78 89.37 89.56 94.88

Hardinge Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 87.25 89.51 91.71 94.88 96.70

Hardinge Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Hardinge  (NAS:HDNG) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Hardinge (Hardinge) Business Description

Traded in Other Exchanges
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Address
Hardinge Inc is a machine tool manufacturer. It designs and manufactures computer-numerically controlled cutting lathes, machining centers, grinding machines, collets, chucks, index fixtures and other industrial products. The company operates through two reportable segments, Metalcutting Machine Solutions (MMS) and Aftermarket Tooling and Accessories (ATA). The MMS segment includes high-precision computer controlled metalcutting turning machines, vertical machining centers, horizontal machining centers, grinding machines, and repair parts related to those machines. The Company's ATA segment includes products that are purchased by manufacturers throughout the lives of their machines. The company's products are sold to customers in North America, Europe, and Asia.
Executives
R Tony Tripeny director ONE RIVERFRONT PLAZA, CORNING NY 14831
Charles P Dougherty director, officer: President and CEO C/O TYCO ELECTRONICS LTD, 1050 WESTLAKES DRIVE, BERWYN PA 19312
Ryan Levenson director 2396 DELLWOOD DRIVE, ATLANTA GA 30305
Benjamin L Rosenzweig director 50 OLD IVY ROAD SUITE 230, ATLANTA GA 30342
Mitchell I Quain director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Robert R Rogowski officer: Corporate Controller C/0 HARDINGE INC., ONE HARDINGE DRIVE, ELMIRA NY 14903
B. Christopher Disantis director 8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
Richard L Simons other: Former Officer ONE HARDINGE DRIVE, ELMIRA NY 14902-1507
Privet Fund Lp 10 percent owner 3280 PEACHTREE ROAD NE, SUITE 2670, Atlanta GA 30305
Privet Fund Management Llc 10 percent owner 3280 PEACHTREE ROAD NE, SUITE 2670, ATLANTA GA 30305
Robert Lepofsky director C/O HARDINGE INC., ONE HARDINGE DRIVE, ELMIRA NY 14902

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