BKE FY 2014 Earnings Report — The Buckle, Inc. Revenue & Financial Results | Market Cap Arena

The Buckle, Inc.BKE

FY 2014 Earnings

Reported April 1, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2014	Prior Q	FY 2013	QoQ Change	YoY Change
Revenue	$1.2B	—	$1.1B	—	2.2%
Op. Income	$257M	—	$257M	—	-0.0%
Gross Margin	44.0%	—	44.3%	—	-0.3pp
Net Margin	14.1%	—	14.4%	—	-0.3pp
EPS (Diluted)	$3.38	—	$3.39	—	-0.3%
Free Cash Flow	$150M	—	$145M	—	3.5%

Revenue Flow

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$646M
GROSS PROFIT	$507M
R&D Expenses	$0
Selling & Marketing	$213M
General & Administrative	$38M
SG&A Expenses	$250M
Other Expenses	$0
Operating Expenses	$250M
Cost & Expenses	$896M
OPERATING INCOME	$257M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$3M
INCOME BEFORE TAX	$260M
Income Tax Expense	$97M
Net Income from Continuing Ops	$163M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$163M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$163M
D&A	$32M
EBIT	$257M
EBITDA	$289M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$646M
GROSS PROFIT	$507M
R&D Expenses	$0
Selling & Marketing	$213M
General & Administrative	$38M
SG&A Expenses	$250M
Other Expenses	$0
Operating Expenses	$250M
Cost & Expenses	$896M
OPERATING INCOME	$257M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$3M
INCOME BEFORE TAX	$260M
Income Tax Expense	$97M
Net Income from Continuing Ops	$163M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$163M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$163M
D&A	$32M
EBIT	$257M
EBITDA	$289M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$163M
Depreciation & Amortization	$32M
Stock-Based Compensation	$6M
Deferred Income Tax	-$2M
Other Non-Cash Items	$7M
Change in Working Capital	-$4M
OPERATING CASH FLOW	$196M
Capital Expenditure	-$45M
Acquisitions (Net)	$0
Purchases of Investments	-$43M
Sales/Maturities of Investments	$38M
Other Investing Activities	$108.0K
NET CASH FROM INVESTING	-$51M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$177M
Other Financing Activities	$295.0K
NET CASH FROM FINANCING	-$176M
FREE CASH FLOW	$150M
Net Change in Cash	-$31M

Balance Sheet

Item	Amount
Cash & Equivalents	$134M
Short-Term Investments	$26M
Net Receivables	$9M
Inventory	$130M
Other Current Assets	$27M
TOTAL CURRENT ASSETS	$325M
PP&E (Net)	$173M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$44M
Tax Assets	$0
Other Non-Current Assets	$2M
TOTAL NON-CURRENT ASSETS	$218M
TOTAL ASSETS	$543M
Account Payables	$36M
Short-Term Debt	$0
Deferred Revenue	$24M
Other Current Liabilities	$10M
TOTAL CURRENT LIABILITIES	$122M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$65M
TOTAL NON-CURRENT LIABILITIES	$65M
TOTAL LIABILITIES	$188M
Common Stock	$484.0K
Additional Paid-In Capital	$131M
Retained Earnings	$224M
Treasury Stock	$0
Accum. Other Comp. Income	-$429.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$355M
Minority Interest	$0
TOTAL EQUITY	$355M
TOTAL LIABILITIES & EQUITY	$543M
Total Debt	$0
Net Debt	-$134M