BOOT FY 2018 Earnings Report — Boot Barn Holdings, Inc. Revenue & Financial Results | Market Cap Arena

Boot Barn Holdings, Inc.BOOT

FY 2018 Earnings

Reported May 16, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$678M	—	$630M	—	7.6%
Op. Income	$46M	—	$38M	—	22.3%
Gross Margin	30.7%	—	30.1%	—	0.5pp
Net Margin	4.3%	—	2.3%	—	2.0pp
EPS (Diluted)	$1.05	—	$0.53	—	98.1%
Free Cash Flow	$20M	—	$19M	—	4.9%

Revenue Flow

Item	Amount
REVENUE	$678M
Cost of Revenue	$470M
GROSS PROFIT	$208M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$162M
Other Expenses	$0
Operating Expenses	$162M
Cost & Expenses	$632M
OPERATING INCOME	$46M
Interest Income	$0
Interest Expense	$15M
Other Income/Expenses	-$15M
INCOME BEFORE TAX	$31M
Income Tax Expense	$2M
Net Income from Continuing Ops	$29M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$29M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$29M
D&A	$17M
EBIT	$46M
EBITDA	$63M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$678M
Cost of Revenue	$470M
GROSS PROFIT	$208M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$162M
Other Expenses	$0
Operating Expenses	$162M
Cost & Expenses	$632M
OPERATING INCOME	$46M
Interest Income	$0
Interest Expense	$15M
Other Income/Expenses	-$15M
INCOME BEFORE TAX	$31M
Income Tax Expense	$2M
Net Income from Continuing Ops	$29M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$29M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$29M
D&A	$17M
EBIT	$46M
EBITDA	$63M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$29M
Depreciation & Amortization	$17M
Stock-Based Compensation	$2M
Deferred Income Tax	$2M
Other Non-Cash Items	$4M
Change in Working Capital	-$10M
OPERATING CASH FLOW	$44M
Capital Expenditure	-$24M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$865.0K
NET CASH FROM INVESTING	-$24M
Net Debt Issuance	-$23M
Common Stock Repurchased	-$125.0K
Common Dividends Paid	$0
Other Financing Activities	-$645.0K
NET CASH FROM FINANCING	-$20M
FREE CASH FLOW	$20M
Net Change in Cash	$981.0K

Balance Sheet

Item	Amount
Cash & Equivalents	$9M
Short-Term Investments	$0
Net Receivables	$10M
Inventory	$211M
Other Current Assets	$5M
TOTAL CURRENT ASSETS	$241M
PP&E (Net)	$89M
Goodwill	$193M
Intangible Assets	$63M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$1M
TOTAL NON-CURRENT ASSETS	$347M
TOTAL ASSETS	$588M
Account Payables	$90M
Short-Term Debt	$21M
Deferred Revenue	$10M
Other Current Liabilities	$23M
TOTAL CURRENT LIABILITIES	$151M
Long-Term Debt	$183M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$13M
Other Non-Current Liabilities	$15M
TOTAL NON-CURRENT LIABILITIES	$222M
TOTAL LIABILITIES	$373M
Common Stock	$3.0K
Additional Paid-In Capital	$148M
Retained Earnings	$67M
Treasury Stock	-$194.0K
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$215M
Minority Interest	$0
TOTAL EQUITY	$215M
TOTAL LIABILITIES & EQUITY	$588M
Total Debt	$216M
Net Debt	$207M