Hamilton Beach 2014 Annual Report Download - page 2

Hamilton Beach Brands (“HBB”)
Headquarters: Richmond, Virginia
HBB is a leading designer, marketer and
distributor of small electric household and
specialty housewares appliances, as well as
commercial products for restaurants, bars
and hotels.
HBB has a broad portfolio of some of the
most recognized and respected brands in
the small electric appliance industry, including
Hamilton Beach®, Proctor Silex®, Hamilton
Beach®Commercial and Weston®. HBB also
sells products under licensed brands such as
Jamba® and Wolf Gourmet®.
Market Positions
2014
Financial Results
HBB:
HBB is a leading company
in retail and commercial
small appliances, with
strong share positions in
many of the categories
in which it competes.
HBB products are prima-
rily distributed through
mass merchants, national
department stores,
wholesale distributors
and other retail sales
outlets.
Kitchen Collection:
Kitchen Collection is
the nation’s leading
specialty retailer of
kitchen and related
products in factory
outlet malls with 248
stores throughout
the United States at
December 31, 2014.
Principal Businesses
HBB:
Revenues:
$559.7 million
Operating profit:
$35.8 million
Net income:
$23.1 million
Equity:
$49.6 million
Return on Equity:(1)
43.2%
Return on Capital
Employed:(1)
28.7%
Kitchen Collection:
Revenues:
$168.5 million
Operating loss:
$7.1 million
Net loss:
$4.6 million
Equity:
$32.2 million
Return on Equity:(1)
(14.3%)
Return on Capital
Employed:(1)
(11.4%)
Kitchen Collection
Headquarters: Chillicothe, Ohio
Kitchen Collection is a national specialty
retailer of kitchenware in outlet and traditional
malls throughout the United States.
MINING
NACoal:
North American Coal is
among the ten largest
coal producers in the
United States.
Coal is delivered from
developed mines in North
Dakota, Texas, Mississippi,
Louisiana and Alabama,
primarily to adjacent or
nearby power plants.
North American Coal (“NACoal”)
Headquarters: Dallas, Texas
North American Coal mines and markets
steam and metallurgical coal for use in power
generation and steel production and provides
selected value-added mining services for other
natural resources companies. North American
Coal operates eight surface coal mining
operations and has two additional coal mines
under development.
The company also provides dragline mining
services operating under the name “North
American Mining Company” for independently
owned limerock quarries in Florida.
NACoal:
Revenues:
$172.7 million
Operating loss:
$89.0 million
Net loss:
$51.0 million
Adjusted income:(1)
$15.5 million
Equity:
$103.1 million
Return on Equity:(1)
(36.5%)
Return on Capital
Employed:(1)
(15.0%)
(1) This Annual Report contains references to non-GAAP financial measures. Presentations of, and quantitative reconciliations to, the most directly comparable financial
measures calculated and presented in accordance with U.S. generally accepted accounting principles (“GAAP”) appear on page 14.
* Jamba®is a registered trademark of the Jamba Juice Company.
** Wolf Gourmet®is a registered trademark of the Sub-Zero Group, Inc.
NACCO Industries, Inc. at a Glance
*
**