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Best & Worst Corporate Cash Managers

Fabricated Products Companies with the least and most cash as a proportion of their operating income.

COMPANY ¹	MARKET CAPITALIZATION OF COMMON EQUITY ($ MILLIONS)	CASH AND SHORT-TERM INVESTMENTS ($ MILLIONS)	INCOME FROM CONTINUING OPERATIONS ($ MILLIONS)	CASH AND SHORT- TERM INVESTMENTS TO INCOME FROM CONTINUING OPERATIONS (%)
WMS Industries	$1,320.73	$68.30	$65.30	1.05%
Hillenbrand	1,468.21	115.50	106.10	1.09
International Game Technology	4,788.38	523.20	292.30	1.79
Brady Corp.	1,681.91	371.59	115.10	3.23
INDUSTRY MEDIAN	1,575.06	243.55	110.60	1.44
Source: Georgia Institute of Technology Financial Reporting & Analysis Lab.
1 Data are based on Securities and Exchange Commission filings by publicly traded companies with market capitalization of at least $1 billion and free cash flow of at least 60 percent of income from continuing operations at end of third-quarter 2011. Industries are defined by the Standard Industrial Classification codes established by the U.S. Commerce Department.