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Last $35.87 USD
Change Today +0.56 / 1.59%
Volume 117.8K
SSD On Other Exchanges
New York
As of 8:04 PM 10/8/15 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. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Declares Cash Dividend, Payable on October 22, 2015 ; Provides Guidance for the Year 2015

Simpson Manufacturing Co., Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net sales of USD 216.665 million compared to USD 207.910 million a year ago. Income from operations was USD 35.009 million compared to USD 32.133 million a year ago. Income before taxes was USD 34.955 million compared to USD 32.118 million a year ago. Net income was USD 21.509 million compared to USD 20.451 million a year ago. Diluted earnings per share was USD 0.43 compared to USD 0.42 a year ago. CapEx was about USD 7.2 million, primarily from manufacturing, equipment and software in the U.S. For the six months, the company reported net sales of USD 393.156 million compared to USD 376.198 million a year ago. Income from operations was USD 51.286 million compared to USD 51.738 million a year ago. Income before taxes was USD 51.197 million compared to USD 51.809 million a year ago. Net income was USD 31.560 million compared to USD 32.538 million a year ago. Basic and diluted earnings per share was USD 0.64 compared to USD 0.66 a year ago. At its meeting on July 14, 2015, the company's Board of Directors declared a cash dividend of USD 0.16 per share. The record date for the dividend will be October 1, 2015, and it will be paid on October 22, 2015. The company estimated total 2015 CapEx to be in the USD 30 million to USD 33 million range, excluding software. For 2015, depreciation and amortization expense is expected to be USD 29 million to USD 31 million, of which USD 23 million to USD 25 million is depreciation, consistent with prior quarter estimate.

Simpson Manufacturing Co., Inc., Q2 2015 Earnings Call, Jul 24, 2015

Simpson Manufacturing Co., Inc., Q2 2015 Earnings Call, Jul 24, 2015

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).


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