BKE FY 2015 Earnings Report — The Buckle, Inc. Revenue & Financial Results | Market Cap Arena

The Buckle, Inc.BKE

FY 2015 Earnings

Reported March 30, 2016

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	$1.1B	—	$1.2B	—	-2.9%
Op. Income	$230M	—	$257M	—	-10.7%
Gross Margin	43.0%	—	44.0%	—	-1.0pp
Net Margin	13.2%	—	14.1%	—	-0.9pp
EPS (Diluted)	$3.06	—	$3.38	—	-9.5%
Free Cash Flow	$125M	—	$150M	—	-17.0%

Revenue Flow

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$638M
GROSS PROFIT	$481M
R&D Expenses	$0
Selling & Marketing	$213M
General & Administrative	$39M
SG&A Expenses	$252M
Other Expenses	$0
Operating Expenses	$252M
Cost & Expenses	$890M
OPERATING INCOME	$230M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$5M
INCOME BEFORE TAX	$235M
Income Tax Expense	$88M
Net Income from Continuing Ops	$147M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$147M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$147M
D&A	$32M
EBIT	$230M
EBITDA	$262M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$638M
GROSS PROFIT	$481M
R&D Expenses	$0
Selling & Marketing	$213M
General & Administrative	$39M
SG&A Expenses	$252M
Other Expenses	$0
Operating Expenses	$252M
Cost & Expenses	$890M
OPERATING INCOME	$230M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$5M
INCOME BEFORE TAX	$235M
Income Tax Expense	$88M
Net Income from Continuing Ops	$147M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$147M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$147M
D&A	$32M
EBIT	$230M
EBITDA	$262M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$147M
Depreciation & Amortization	$32M
Stock-Based Compensation	$6M
Deferred Income Tax	-$1M
Other Non-Cash Items	$10M
Change in Working Capital	-$26M
OPERATING CASH FLOW	$159M
Capital Expenditure	-$35M
Acquisitions (Net)	$199.0K
Purchases of Investments	-$30M
Sales/Maturities of Investments	$29M
Other Investing Activities	$100.0K
NET CASH FROM INVESTING	-$35M
Net Debt Issuance	$0
Common Stock Repurchased	-$3M
Common Dividends Paid	-$94M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$97M
FREE CASH FLOW	$125M
Net Change in Cash	$27M

Balance Sheet

Item	Amount
Cash & Equivalents	$161M
Short-Term Investments	$36M
Net Receivables	$10M
Inventory	$150M
Other Current Assets	$6M
TOTAL CURRENT ASSETS	$363M
PP&E (Net)	$173M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$34M
Tax Assets	$1M
Other Non-Current Assets	$3M
TOTAL NON-CURRENT ASSETS	$210M
TOTAL ASSETS	$573M
Account Payables	$34M
Short-Term Debt	$0
Deferred Revenue	$23M
Other Current Liabilities	$33M
TOTAL CURRENT LIABILITIES	$108M
Long-Term Debt	$0
Deferred Revenue NC	$40M
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$53M
TOTAL NON-CURRENT LIABILITIES	$53M
TOTAL LIABILITIES	$160M
Common Stock	$484.0K
Additional Paid-In Capital	$135M
Retained Earnings	$278M
Treasury Stock	$0
Accum. Other Comp. Income	-$331.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$413M
Minority Interest	$0
TOTAL EQUITY	$413M
TOTAL LIABILITIES & EQUITY	$573M
Total Debt	$0
Net Debt	-$161M