BKE FY 2020 Earnings Report — The Buckle, Inc. Revenue & Financial Results | Market Cap Arena

The Buckle, Inc.BKE

FY 2020 Earnings

Reported March 31, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$901M	—	$900M	—	0.1%
Op. Income	$168M	—	$131M	—	27.8%
Gross Margin	44.5%	—	41.9%	—	2.5pp
Net Margin	14.4%	—	11.6%	—	2.8pp
EPS (Diluted)	$2.66	—	$2.14	—	24.3%
Free Cash Flow	$220M	—	$123M	—	78.2%

Revenue Flow

Item	Amount
REVENUE	$901M
Cost of Revenue	$501M
GROSS PROFIT	$401M
R&D Expenses	$0
Selling & Marketing	$191M
General & Administrative	$41M
SG&A Expenses	$233M
Other Expenses	$0
Operating Expenses	$233M
Cost & Expenses	$733M
OPERATING INCOME	$168M
Interest Income	$3M
Interest Expense	$0
Other Income/Expenses	$3M
INCOME BEFORE TAX	$171M
Income Tax Expense	$41M
Net Income from Continuing Ops	$130M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$130M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$130M
D&A	$21M
EBIT	$168M
EBITDA	$189M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$901M
Cost of Revenue	$501M
GROSS PROFIT	$401M
R&D Expenses	$0
Selling & Marketing	$191M
General & Administrative	$41M
SG&A Expenses	$233M
Other Expenses	$0
Operating Expenses	$233M
Cost & Expenses	$733M
OPERATING INCOME	$168M
Interest Income	$3M
Interest Expense	$0
Other Income/Expenses	$3M
INCOME BEFORE TAX	$171M
Income Tax Expense	$41M
Net Income from Continuing Ops	$130M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$130M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$130M
D&A	$21M
EBIT	$168M
EBITDA	$189M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$130M
Depreciation & Amortization	$21M
Stock-Based Compensation	$6M
Deferred Income Tax	-$1M
Other Non-Cash Items	$276.0K
Change in Working Capital	$71M
OPERATING CASH FLOW	$227M
Capital Expenditure	-$8M
Acquisitions (Net)	$111.0K
Purchases of Investments	-$18M
Sales/Maturities of Investments	$24M
Other Investing Activities	$62.0K
NET CASH FROM INVESTING	-$768.0K
Net Debt Issuance	$0
Common Stock Repurchased	-$372.0K
Common Dividends Paid	-$128M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$129M
FREE CASH FLOW	$220M
Net Change in Cash	$98M

Balance Sheet

Item	Amount
Cash & Equivalents	$319M
Short-Term Investments	$3M
Net Receivables	$3M
Inventory	$101M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$437M
PP&E (Net)	$380M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$18M
Tax Assets	$9M
Other Non-Current Assets	$10M
TOTAL NON-CURRENT ASSETS	$409M
TOTAL ASSETS	$846M
Account Payables	$43M
Short-Term Debt	$82M
Deferred Revenue	$0
Other Current Liabilities	-$32M
TOTAL CURRENT LIABILITIES	$206M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$18M
TOTAL NON-CURRENT LIABILITIES	$243M
TOTAL LIABILITIES	$449M
Common Stock	$494.0K
Additional Paid-In Capital	$158M
Retained Earnings	$238M
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$397M
Minority Interest	$0
TOTAL EQUITY	$397M
TOTAL LIABILITIES & EQUITY	$846M
Total Debt	$306M
Net Debt	-$13M