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Last $35.82 USD
Change Today +0.50 / 1.42%
Volume 143.1K
SSD On Other Exchanges
As of 8:04 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

simpson manufacturing co inc (SSD) Snapshot

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Day High
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52 Week High
03/20/15 - $38.20
52 Week Low
10/15/14 - $28.80
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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simpson manufacturing co inc (SSD) Details

Simpson Manufacturing Co., Inc., through its subsidiaries, designs, engineers, manufactures, and sells building construction products. The company offers wood construction products, including connectors, truss plates, fastening systems, fasteners, and pre-fabricated shearwalls; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, and reinforcing fiber materials for use in concrete, masonry, and steel applications. It also provides a line of structural screws used to join plies of wood together or metal connectors to wood. The company markets its products to the residential construction, industrial, commercial and infrastructure construction, remodeling, and do-it-yourself markets primarily in the United States and Canada; Europe; China, and Hong Kong, the South Pacific, and the Middle East. Simpson Manufacturing Co., Inc. was founded in 1956 and is based in Pleasanton, California.

2,434 Employees
Last Reported Date: 03/2/15
Founded in 1956

simpson manufacturing co inc (SSD) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $350.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $243.3K
President of North American Sales of Simpson ...
Total Annual Compensation: $166.5K
Vice President
Total Annual Compensation: $181.8K
Compensation as of Fiscal Year 2014.

simpson manufacturing co inc (SSD) Key Developments

Simpson Manufacturing Co., Inc. Announces Auditor Changes

The board of directors of Simpson Manufacturing Co., Inc., upon the recommendation of the Audit Committee of the board of directors, dismissed PricewaterhouseCoopers LLP (PwC) as the registrant's independent registered public accounting firm. The reports of PwC on the Registrant's consolidated financial statements for the fiscal years ended December 31, 2014 and 2013 did not contain an adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles. The company's board of directors, upon the recommendation of its Audit Committee, approved the appointment of Grant Thornton LLP as the registrant's new independent registered public accounting firm, effective immediately. During the fiscal years ended December 31, 2014 and 2013 and any subsequent interim period through June 19, 2015, neither the Registrant, nor anyone on its behalf, consulted Grant Thornton regarding either (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the financial statements of the Registrant, and no written report or oral advice was provided to the company by Grant Thornton that Grant Thornton concluded was an important factor considered by the company in reaching a decision as to any accounting, auditing or financial reporting issue; or (ii) any matter that was either the subject of a disagreement" (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a reportable event" (as that term is defined in Item 304(a)(1)(v) of Regulation S-K).

Simpson Manufacturing Seeks Acquisitions

Tom Fitzmyers, Vice Chairman of Simpson Manufacturing Co., Inc. (NYSE:SSD) said, "We're thinking about acquisitions that would fit, as Karen has talked about in the past. It could be in the fastening area or chemical area."

Simpson Manufacturing Co., Inc. Unaudited Earnings Results for the Three Months Ended March 31, 2015; Provides Tax Rate Guidance for the Year 2015

Simpson Manufacturing Co., Inc. unaudited earnings results for the three months ended March 31, 2015. Net sales increased 4.9% to $176.5 million in the first quarter of 2015 from $168.3 million in the first quarter of 2014. The company had net income of $10.1 million in the first quarter of 2015 compared to $12.1 million in the first quarter of 2014. Basic and diluted net income per common share was $0.20 for the first quarter of 2015 compared to $0.25 per common share for the first quarter of 2014. Income from operations was $16,277,000 against $19,606,000 a year ago. Income before taxes was $16,242,000 against $19,691,000 a year ago. Based on current information and subject to future events and circumstances, the company estimates that its 2015 effective tax rate will be between 36% and 38%.


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