BBW FY 2006 Earnings Report — Build-A-Bear Workshop, Inc. Revenue & Financial Results | Market Cap Arena

Build-A-Bear Workshop, Inc.BBW

FY 2006 Earnings

Reported March 15, 2007

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2006	Prior Q	FY 2005	QoQ Change	YoY Change
Revenue	$437M	—	—	—	—
Op. Income	$47M	—	—	—	—
Gross Margin	47.9%	—	—	—	—
Net Margin	6.7%	—	—	—	—
EPS (Diluted)	$1.44	—	—	—	—
Free Cash Flow	-$2M	—	$22M	—	-107.3%

Revenue Flow

Item	Amount
REVENUE	$437M
Cost of Revenue	$228M
GROSS PROFIT	$210M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$163M
Other Expenses	$0
Operating Expenses	$163M
Cost & Expenses	$390M
OPERATING INCOME	$47M
Interest Income	$2M
Interest Expense	$0
Other Income/Expenses	$2M
INCOME BEFORE TAX	$48M
Income Tax Expense	$19M
Net Income from Continuing Ops	$29M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$29M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$29M
D&A	$22M
EBIT	$47M
EBITDA	$69M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$437M
Cost of Revenue	$228M
GROSS PROFIT	$210M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$163M
Other Expenses	$0
Operating Expenses	$163M
Cost & Expenses	$390M
OPERATING INCOME	$47M
Interest Income	$2M
Interest Expense	$0
Other Income/Expenses	$2M
INCOME BEFORE TAX	$48M
Income Tax Expense	$19M
Net Income from Continuing Ops	$29M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$29M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$29M
D&A	$22M
EBIT	$47M
EBITDA	$69M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$29M
Depreciation & Amortization	$22M
Stock-Based Compensation	$2M
Deferred Income Tax	-$1M
Other Non-Cash Items	$952.0K
Change in Working Capital	$1M
OPERATING CASH FLOW	$53M
Capital Expenditure	-$55M
Acquisitions (Net)	-$39M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$41M
NET CASH FROM INVESTING	-$94M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$1M
NET CASH FROM FINANCING	$4M
FREE CASH FLOW	-$2M
Net Change in Cash	-$38M

Balance Sheet

Item	Amount
Cash & Equivalents	$53M
Short-Term Investments	$0
Net Receivables	$7M
Inventory	$51M
Other Current Assets	$14M
TOTAL CURRENT ASSETS	$126M
PP&E (Net)	$130M
Goodwill	$37M
Intangible Assets	$3M
Long-Term Investments	-$2M
Tax Assets	$2M
Other Non-Current Assets	$4M
TOTAL NON-CURRENT ASSETS	$174M
TOTAL ASSETS	$300M
Account Payables	$46M
Short-Term Debt	$0
Deferred Revenue	$6M
Other Current Liabilities	$28M
TOTAL CURRENT LIABILITIES	$97M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$459.0K
Other Non-Current Liabilities	$35M
TOTAL NON-CURRENT LIABILITIES	$38M
TOTAL LIABILITIES	$136M
Common Stock	$205.0K
Additional Paid-In Capital	$89M
Retained Earnings	$76M
Treasury Stock	$0
Accum. Other Comp. Income	-$997.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$164M
Minority Interest	$0
TOTAL EQUITY	$164M
TOTAL LIABILITIES & EQUITY	$300M
Total Debt	$0
Net Debt	-$53M