BKE FY 2019 Earnings Report — The Buckle, Inc. Revenue & Financial Results | Market Cap Arena

The Buckle, Inc.BKE

FY 2019 Earnings

Reported April 1, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$900M	—	$885M	—	1.7%
Op. Income	$131M	—	$94M	—	39.8%
Gross Margin	41.9%	—	41.3%	—	0.6pp
Net Margin	11.6%	—	10.8%	—	0.8pp
EPS (Diluted)	$2.14	—	$1.97	—	8.6%
Free Cash Flow	$123M	—	$99M	—	25.0%

Revenue Flow

Item	Amount
REVENUE	$900M
Cost of Revenue	$523M
GROSS PROFIT	$377M
R&D Expenses	$0
Selling & Marketing	$204M
General & Administrative	$41M
SG&A Expenses	$246M
Other Expenses	$0
Operating Expenses	$246M
Cost & Expenses	$769M
OPERATING INCOME	$131M
Interest Income	$6M
Interest Expense	$0
Other Income/Expenses	$6M
INCOME BEFORE TAX	$138M
Income Tax Expense	$33M
Net Income from Continuing Ops	$104M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$104M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$104M
D&A	$24M
EBIT	$131M
EBITDA	$155M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$900M
Cost of Revenue	$523M
GROSS PROFIT	$377M
R&D Expenses	$0
Selling & Marketing	$204M
General & Administrative	$41M
SG&A Expenses	$246M
Other Expenses	$0
Operating Expenses	$246M
Cost & Expenses	$769M
OPERATING INCOME	$131M
Interest Income	$6M
Interest Expense	$0
Other Income/Expenses	$6M
INCOME BEFORE TAX	$138M
Income Tax Expense	$33M
Net Income from Continuing Ops	$104M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$104M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$104M
D&A	$24M
EBIT	$131M
EBITDA	$155M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$104M
Depreciation & Amortization	$24M
Stock-Based Compensation	$4M
Deferred Income Tax	-$2M
Other Non-Cash Items	$504.0K
Change in Working Capital	$165.0K
OPERATING CASH FLOW	$131M
Capital Expenditure	-$7M
Acquisitions (Net)	$13.0K
Purchases of Investments	-$26M
Sales/Maturities of Investments	$68M
Other Investing Activities	$168.0K
NET CASH FROM INVESTING	$35M
Net Debt Issuance	$0
Common Stock Repurchased	-$68.0K
Common Dividends Paid	-$113M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$113M
FREE CASH FLOW	$123M
Net Change in Cash	$52M

Balance Sheet

Item	Amount
Cash & Equivalents	$221M
Short-Term Investments	$13M
Net Receivables	$3M
Inventory	$121M
Other Current Assets	$21M
TOTAL CURRENT ASSETS	$379M
PP&E (Net)	$464M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$16M
Tax Assets	$8M
Other Non-Current Assets	$9M
TOTAL NON-CURRENT ASSETS	$489M
TOTAL ASSETS	$868M
Account Payables	$26M
Short-Term Debt	$87M
Deferred Revenue	$15M
Other Current Liabilities	-$64M
TOTAL CURRENT LIABILITIES	$173M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$16M
TOTAL NON-CURRENT LIABILITIES	$306M
TOTAL LIABILITIES	$479M
Common Stock	$492.0K
Additional Paid-In Capital	$152M
Retained Earnings	$236M
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$389M
Minority Interest	$0
TOTAL EQUITY	$389M
TOTAL LIABILITIES & EQUITY	$868M
Total Debt	$378M
Net Debt	$157M