AYI FY 2016 Earnings Report — Acuity Brands, Inc. Revenue & Financial Results | Market Cap Arena

Acuity Brands, Inc.AYI

FY 2016 Earnings

Reported October 27, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$3.3B	—	$2.7B	—	21.6%
Op. Income	$475M	—	$376M	—	26.3%
Gross Margin	43.6%	—	42.3%	—	1.3pp
Net Margin	8.8%	—	8.2%	—	0.6pp
EPS (Diluted)	$6.63	—	$5.09	—	30.3%
Free Cash Flow	$262M	—	$232M	—	12.7%

Revenue Flow

Item	Amount
REVENUE	$3.3B
Cost of Revenue	$1.9B
GROSS PROFIT	$1.4B
R&D Expenses	$0
Selling & Marketing	$946M
General & Administrative	$0
SG&A Expenses	$946M
Other Expenses	$15M
Operating Expenses	$961M
Cost & Expenses	$2.8B
OPERATING INCOME	$475M
Interest Income	$1M
Interest Expense	$33M
Other Income/Expenses	-$31M
INCOME BEFORE TAX	$445M
Income Tax Expense	$154M
Net Income from Continuing Ops	$291M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$291M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$291M
D&A	$63M
EBIT	$506M
EBITDA	$569M
EPS	$7
EPS Diluted	$7

Income Statement

Item	Amount
REVENUE	$3.3B
Cost of Revenue	$1.9B
GROSS PROFIT	$1.4B
R&D Expenses	$0
Selling & Marketing	$946M
General & Administrative	$0
SG&A Expenses	$946M
Other Expenses	$15M
Operating Expenses	$961M
Cost & Expenses	$2.8B
OPERATING INCOME	$475M
Interest Income	$1M
Interest Expense	$33M
Other Income/Expenses	-$31M
INCOME BEFORE TAX	$445M
Income Tax Expense	$154M
Net Income from Continuing Ops	$291M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$291M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$291M
D&A	$63M
EBIT	$506M
EBITDA	$569M
EPS	$7
EPS Diluted	$7

Cash Flow Statement

Item	Amount
Net Income	$291M
Depreciation & Amortization	$63M
Stock-Based Compensation	$28M
Deferred Income Tax	-$6M
Other Non-Cash Items	-$21M
Change in Working Capital	-$8M
OPERATING CASH FLOW	$346M
Capital Expenditure	-$84M
Acquisitions (Net)	-$623M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$2M
NET CASH FROM INVESTING	-$705M
Net Debt Issuance	$3M
Common Stock Repurchased	$0
Common Dividends Paid	-$23M
Other Financing Activities	$26M
NET CASH FROM FINANCING	$19M
FREE CASH FLOW	$262M
Net Change in Cash	-$344M

Balance Sheet

Item	Amount
Cash & Equivalents	$413M
Short-Term Investments	$0
Net Receivables	$573M
Inventory	$295M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.3B
PP&E (Net)	$268M
Goodwill	$948M
Intangible Assets	$382M
Long-Term Investments	$8M
Tax Assets	$5M
Other Non-Current Assets	$15M
TOTAL NON-CURRENT ASSETS	$1.6B
TOTAL ASSETS	$2.9B
Account Payables	$401M
Short-Term Debt	$200.0K
Deferred Revenue	$0
Other Current Liabilities	$95M
TOTAL CURRENT LIABILITIES	$673M
Long-Term Debt	$355M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$75M
Other Non-Current Liabilities	$186M
TOTAL NON-CURRENT LIABILITIES	$616M
TOTAL LIABILITIES	$1.3B
Common Stock	$500.0K
Additional Paid-In Capital	$856M
Retained Earnings	$1.4B
Treasury Stock	-$419M
Accum. Other Comp. Income	-$139M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.7B
Minority Interest	$0
TOTAL EQUITY	$1.7B
TOTAL LIABILITIES & EQUITY	$2.9B
Total Debt	$355M
Net Debt	-$58M