BLBD FY 2017 Earnings Report — Blue Bird Corporation Revenue & Financial Results | Market Cap Arena

Blue Bird CorporationBLBD

FY 2017 Earnings

Reported December 8, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$991M	—	$932M	—	6.3%
Op. Income	$60M	—	$27M	—	123.4%
Gross Margin	12.9%	—	13.9%	—	-1.0pp
Net Margin	2.9%	—	0.7%	—	2.2pp
EPS (Diluted)	$0.74	—	$0.14	—	428.6%
Free Cash Flow	$38M	—	$16M	—	147.3%

Revenue Flow

Item	Amount
REVENUE	$991M
Cost of Revenue	$863M
GROSS PROFIT	$127M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$68M
Other Expenses	$0
Operating Expenses	$68M
Cost & Expenses	$931M
OPERATING INCOME	$60M
Interest Income	$140.0K
Interest Expense	$7M
Other Income/Expenses	-$19M
INCOME BEFORE TAX	$41M
Income Tax Expense	$12M
Net Income from Continuing Ops	$29M
Net Income from Discontinued Ops	$41.0K
Other Adjustments	-$41.0K
NET INCOME	$29M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$18M
D&A	$8M
EBIT	$45M
EBITDA	$53M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$991M
Cost of Revenue	$863M
GROSS PROFIT	$127M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$68M
Other Expenses	$0
Operating Expenses	$68M
Cost & Expenses	$931M
OPERATING INCOME	$60M
Interest Income	$140.0K
Interest Expense	$7M
Other Income/Expenses	-$19M
INCOME BEFORE TAX	$41M
Income Tax Expense	$12M
Net Income from Continuing Ops	$29M
Net Income from Discontinued Ops	$41.0K
Other Adjustments	-$41.0K
NET INCOME	$29M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$18M
D&A	$8M
EBIT	$45M
EBITDA	$53M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$29M
Depreciation & Amortization	$8M
Stock-Based Compensation	$1M
Deferred Income Tax	-$1M
Other Non-Cash Items	$19M
Change in Working Capital	-$8M
OPERATING CASH FLOW	$48M
Capital Expenditure	-$9M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$48.0K
NET CASH FROM INVESTING	-$9M
Net Debt Issuance	-$11M
Common Stock Repurchased	-$34M
Common Dividends Paid	$0
Other Financing Activities	$22M
NET CASH FROM FINANCING	-$28M
FREE CASH FLOW	$38M
Net Change in Cash	$10M

Balance Sheet

Item	Amount
Cash & Equivalents	$63M
Short-Term Investments	$0
Net Receivables	$10M
Inventory	$76M
Other Current Assets	$12M
TOTAL CURRENT ASSETS	$160M
PP&E (Net)	$35M
Goodwill	$19M
Intangible Assets	$57M
Long-Term Investments	$12M
Tax Assets	$12M
Other Non-Current Assets	$975.0K
TOTAL NON-CURRENT ASSETS	$135M
TOTAL ASSETS	$296M
Account Payables	$87M
Short-Term Debt	$8M
Deferred Revenue	$7M
Other Current Liabilities	$33M
TOTAL CURRENT LIABILITIES	$139M
Long-Term Debt	$143M
Deferred Revenue NC	$13M
Deferred Tax Liabilities	$45M
Other Non-Current Liabilities	$60M
TOTAL NON-CURRENT LIABILITIES	$216M
TOTAL LIABILITIES	$354M
Common Stock	$2.0K
Additional Paid-In Capital	$45M
Retained Earnings	-$100M
Treasury Stock	$0
Accum. Other Comp. Income	-$44M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	-$59M
Minority Interest	$0
TOTAL EQUITY	-$59M
TOTAL LIABILITIES & EQUITY	$296M
Total Debt	$151M
Net Debt	$89M