AYI FY 2012 Earnings Report — Acuity Brands, Inc. Revenue & Financial Results | Market Cap Arena

Acuity Brands, Inc.AYI

FY 2012 Earnings

Reported October 26, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$1.9B	—	$1.8B	—	7.7%
Op. Income	$208M	—	$189M	—	10.2%
Gross Margin	40.8%	—	40.7%	—	0.1pp
Net Margin	6.0%	—	5.9%	—	0.1pp
EPS (Diluted)	$2.72	—	$2.42	—	12.4%
Free Cash Flow	$141M	—	$138M	—	2.4%

Revenue Flow

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$1.1B
GROSS PROFIT	$788M
R&D Expenses	$0
Selling & Marketing	$567M
General & Administrative	$0
SG&A Expenses	$567M
Other Expenses	$13M
Operating Expenses	$580M
Cost & Expenses	$1.7B
OPERATING INCOME	$208M
Interest Income	$0
Interest Expense	$31M
Other Income/Expenses	-$29M
INCOME BEFORE TAX	$179M
Income Tax Expense	$63M
Net Income from Continuing Ops	$116M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$116M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$114M
D&A	$40M
EBIT	$210M
EBITDA	$250M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$1.1B
GROSS PROFIT	$788M
R&D Expenses	$0
Selling & Marketing	$567M
General & Administrative	$0
SG&A Expenses	$567M
Other Expenses	$13M
Operating Expenses	$580M
Cost & Expenses	$1.7B
OPERATING INCOME	$208M
Interest Income	$0
Interest Expense	$31M
Other Income/Expenses	-$29M
INCOME BEFORE TAX	$179M
Income Tax Expense	$63M
Net Income from Continuing Ops	$116M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$116M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$114M
D&A	$40M
EBIT	$210M
EBITDA	$250M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$116M
Depreciation & Amortization	$40M
Stock-Based Compensation	$10M
Deferred Income Tax	$6M
Other Non-Cash Items	-$4M
Change in Working Capital	$4M
OPERATING CASH FLOW	$172M
Capital Expenditure	-$31M
Acquisitions (Net)	-$4M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$100.0K
NET CASH FROM INVESTING	-$35M
Net Debt Issuance	$0
Common Stock Repurchased	-$9M
Common Dividends Paid	-$22M
Other Financing Activities	$13M
NET CASH FROM FINANCING	-$19M
FREE CASH FLOW	$141M
Net Change in Cash	$114M

Balance Sheet

Item	Amount
Cash & Equivalents	$285M
Short-Term Investments	$0
Net Receivables	$264M
Inventory	$194M
Other Current Assets	$13M
TOTAL CURRENT ASSETS	$779M
PP&E (Net)	$139M
Goodwill	$555M
Intangible Assets	$235M
Long-Term Investments	$700.0K
Tax Assets	$4M
Other Non-Current Assets	$24M
TOTAL NON-CURRENT ASSETS	$958M
TOTAL ASSETS	$1.7B
Account Payables	$233M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$46M
TOTAL CURRENT LIABILITIES	$365M
Long-Term Debt	$354M
Deferred Revenue NC	$5M
Deferred Tax Liabilities	$33M
Other Non-Current Liabilities	$146M
TOTAL NON-CURRENT LIABILITIES	$538M
TOTAL LIABILITIES	$903M
Common Stock	$500.0K
Additional Paid-In Capital	$703M
Retained Earnings	$635M
Treasury Stock	-$420M
Accum. Other Comp. Income	-$85M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$834M
Minority Interest	$0
TOTAL EQUITY	$834M
TOTAL LIABILITIES & EQUITY	$1.7B
Total Debt	$354M
Net Debt	$69M