AYI FY 2015 Earnings Report — Acuity Brands, Inc. Revenue & Financial Results | Market Cap Arena

Acuity Brands, Inc.AYI

FY 2015 Earnings

Reported October 27, 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	$2.7B	—	$2.4B	—	13.1%
Op. Income	$376M	—	$299M	—	25.8%
Gross Margin	42.3%	—	40.9%	—	1.4pp
Net Margin	8.2%	—	7.3%	—	0.9pp
EPS (Diluted)	$5.09	—	$4.05	—	25.7%
Free Cash Flow	$232M	—	$198M	—	17.5%

Revenue Flow

Item	Amount
REVENUE	$2.7B
Cost of Revenue	$1.6B
GROSS PROFIT	$1.1B
R&D Expenses	$0
Selling & Marketing	$757M
General & Administrative	$0
SG&A Expenses	$757M
Other Expenses	$12M
Operating Expenses	$769M
Cost & Expenses	$2.3B
OPERATING INCOME	$376M
Interest Income	$1M
Interest Expense	$33M
Other Income/Expenses	-$33M
INCOME BEFORE TAX	$344M
Income Tax Expense	$122M
Net Income from Continuing Ops	$222M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$222M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$222M
D&A	$46M
EBIT	$376M
EBITDA	$422M
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$2.7B
Cost of Revenue	$1.6B
GROSS PROFIT	$1.1B
R&D Expenses	$0
Selling & Marketing	$757M
General & Administrative	$0
SG&A Expenses	$757M
Other Expenses	$12M
Operating Expenses	$769M
Cost & Expenses	$2.3B
OPERATING INCOME	$376M
Interest Income	$1M
Interest Expense	$33M
Other Income/Expenses	-$33M
INCOME BEFORE TAX	$344M
Income Tax Expense	$122M
Net Income from Continuing Ops	$222M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$222M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$222M
D&A	$46M
EBIT	$376M
EBITDA	$422M
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$222M
Depreciation & Amortization	$46M
Stock-Based Compensation	$18M
Deferred Income Tax	$3M
Other Non-Cash Items	-$14M
Change in Working Capital	$14M
OPERATING CASH FLOW	$289M
Capital Expenditure	-$57M
Acquisitions (Net)	-$15M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$1M
NET CASH FROM INVESTING	-$72M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$23M
Other Financing Activities	$19M
NET CASH FROM FINANCING	-$4M
FREE CASH FLOW	$232M
Net Change in Cash	$204M

Balance Sheet

Item	Amount
Cash & Equivalents	$757M
Short-Term Investments	$0
Net Receivables	$412M
Inventory	$225M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.4B
PP&E (Net)	$175M
Goodwill	$565M
Intangible Assets	$225M
Long-Term Investments	$8M
Tax Assets	$4M
Other Non-Current Assets	$18M
TOTAL NON-CURRENT ASSETS	$993M
TOTAL ASSETS	$2.4B
Account Payables	$311M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$80M
TOTAL CURRENT LIABILITIES	$521M
Long-Term Debt	$352M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$54M
Other Non-Current Liabilities	$142M
TOTAL NON-CURRENT LIABILITIES	$549M
TOTAL LIABILITIES	$1.1B
Common Stock	$500.0K
Additional Paid-In Capital	$797M
Retained Earnings	$1.1B
Treasury Stock	-$420M
Accum. Other Comp. Income	-$110M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.4B
Minority Interest	$0
TOTAL EQUITY	$1.4B
TOTAL LIABILITIES & EQUITY	$2.4B
Total Debt	$352M
Net Debt	-$404M