AAMI FY 2015 Earnings Report — Acadian Asset Management Revenue & Financial Results | Market Cap Arena

Acadian Asset ManagementAAMI

FY 2015 Earnings

Reported December 31, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$699M	—	—	—	—
Op. Income	$191M	—	—	—	—
Gross Margin	41.0%	—	—	—	—
Net Margin	22.2%	—	—	—	—
EPS (Diluted)	$1.29	—	—	—	—
Free Cash Flow	$241M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$699M
Cost of Revenue	$413M
GROSS PROFIT	$287M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$88M
SG&A Expenses	$88M
Other Expenses	$7M
Operating Expenses	$95M
Cost & Expenses	$508M
OPERATING INCOME	$191M
Interest Income	$200.0K
Interest Expense	$3M
Other Income/Expenses	$10M
INCOME BEFORE TAX	$201M
Income Tax Expense	$47M
Net Income from Continuing Ops	$155M
Net Income from Discontinued Ops	$800.0K
Other Adjustments	$0
NET INCOME	$156M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$155M
D&A	$7M
EBIT	$204M
EBITDA	$212M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$699M
Cost of Revenue	$413M
GROSS PROFIT	$287M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$88M
SG&A Expenses	$88M
Other Expenses	$7M
Operating Expenses	$95M
Cost & Expenses	$508M
OPERATING INCOME	$191M
Interest Income	$200.0K
Interest Expense	$3M
Other Income/Expenses	$10M
INCOME BEFORE TAX	$201M
Income Tax Expense	$47M
Net Income from Continuing Ops	$155M
Net Income from Discontinued Ops	$800.0K
Other Adjustments	$0
NET INCOME	$156M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$155M
D&A	$7M
EBIT	$204M
EBITDA	$212M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$156M
Depreciation & Amortization	$7M
Stock-Based Compensation	$0
Deferred Income Tax	-$11M
Other Non-Cash Items	$37M
Change in Working Capital	$65M
OPERATING CASH FLOW	$254M
Capital Expenditure	-$13M
Acquisitions (Net)	-$94M
Purchases of Investments	-$161M
Sales/Maturities of Investments	$19M
Other Investing Activities	$93M
NET CASH FROM INVESTING	-$156M
Net Debt Issuance	-$124M
Common Stock Repurchased	$0
Common Dividends Paid	-$39M
Other Financing Activities	-$68M
NET CASH FROM FINANCING	-$231M
FREE CASH FLOW	$241M
Net Change in Cash	-$133M

Balance Sheet

Item	Amount
Cash & Equivalents	$136M
Short-Term Investments	$0
Net Receivables	$152M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$288M
PP&E (Net)	$31M
Goodwill	$127M
Intangible Assets	$2M
Long-Term Investments	$203M
Tax Assets	$342M
Other Non-Current Assets	$24M
TOTAL NON-CURRENT ASSETS	$726M
TOTAL ASSETS	$1.0B
Account Payables	$8M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$348M
Long-Term Debt	$90M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$411M
TOTAL NON-CURRENT LIABILITIES	$501M
TOTAL LIABILITIES	$848M
Common Stock	$100.0K
Additional Paid-In Capital	$0
Retained Earnings	$169M
Treasury Stock	$0
Accum. Other Comp. Income	-$3M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$166M
Minority Interest	$0
TOTAL EQUITY	$166M
TOTAL LIABILITIES & EQUITY	$1.0B
Total Debt	$90M
Net Debt	-$46M