BKE FY 2007 Earnings Report — The Buckle, Inc. Revenue & Financial Results | Market Cap Arena

The Buckle, Inc.BKE

FY 2007 Earnings

Reported April 16, 2008

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2007	Prior Q	FY 2006	QoQ Change	YoY Change
Revenue	$620M	—	$530M	—	16.9%
Op. Income	$110M	—	$79M	—	38.7%
Gross Margin	41.1%	—	39.1%	—	2.0pp
Net Margin	12.1%	—	10.5%	—	1.6pp
EPS (Diluted)	$1.63	—	$1.24	—	31.5%
Free Cash Flow	$94M	—	$59M	—	59.9%

Revenue Flow

Item	Amount
REVENUE	$620M
Cost of Revenue	$365M
GROSS PROFIT	$255M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$145M
Other Expenses	$0
Operating Expenses	$145M
Cost & Expenses	$510M
OPERATING INCOME	$110M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$9M
INCOME BEFORE TAX	$119M
Income Tax Expense	$44M
Net Income from Continuing Ops	$75M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$75M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$75M
D&A	$24M
EBIT	$110M
EBITDA	$130M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$620M
Cost of Revenue	$365M
GROSS PROFIT	$255M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$145M
Other Expenses	$0
Operating Expenses	$145M
Cost & Expenses	$510M
OPERATING INCOME	$110M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$9M
INCOME BEFORE TAX	$119M
Income Tax Expense	$44M
Net Income from Continuing Ops	$75M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$75M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$75M
D&A	$24M
EBIT	$110M
EBITDA	$130M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$75M
Depreciation & Amortization	$24M
Stock-Based Compensation	$0
Deferred Income Tax	-$2M
Other Non-Cash Items	$293.0K
Change in Working Capital	$23M
OPERATING CASH FLOW	$121M
Capital Expenditure	-$27M
Acquisitions (Net)	$21.0K
Purchases of Investments	-$154M
Sales/Maturities of Investments	$117M
Other Investing Activities	$167.0K
NET CASH FROM INVESTING	-$64M
Net Debt Issuance	$0
Common Stock Repurchased	-$22M
Common Dividends Paid	-$27M
Other Financing Activities	$8M
NET CASH FROM FINANCING	-$29M
FREE CASH FLOW	$94M
Net Change in Cash	$29M

Balance Sheet

Item	Amount
Cash & Equivalents	$64M
Short-Term Investments	$103M
Net Receivables	$3M
Inventory	$78M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$262M
PP&E (Net)	$102M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$87M
TOTAL NON-CURRENT ASSETS	$189M
TOTAL ASSETS	$451M
Account Payables	$25M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$14M
TOTAL CURRENT LIABILITIES	$77M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$35M
TOTAL NON-CURRENT LIABILITIES	$35M
TOTAL LIABILITIES	$112M
Common Stock	$298.0K
Additional Paid-In Capital	$47M
Retained Earnings	$291M
Treasury Stock	$0
Accum. Other Comp. Income	-$138M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$338M
Minority Interest	$0
TOTAL EQUITY	$338M
TOTAL LIABILITIES & EQUITY	$451M
Total Debt	$0
Net Debt	-$64M