CAL FY 2012 Earnings Report — Caleres, Inc. Revenue & Financial Results | Market Cap Arena

Caleres, Inc.CAL

FY 2012 Earnings

Reported April 2, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$2.6B	—	$2.6B	—	0.6%
Op. Income	$62M	—	$36M	—	73.3%
Gross Margin	38.9%	—	38.6%	—	0.3pp
Net Margin	1.1%	—	1.0%	—	0.1pp
EPS (Diluted)	$0.64	—	$0.56	—	14.3%
Free Cash Flow	$134M	—	$10M	—	1309.5%

Revenue Flow

Item	Amount
REVENUE	$2.6B
Cost of Revenue	$1.6B
GROSS PROFIT	$1.0B
R&D Expenses	$0
Selling & Marketing	$83M
General & Administrative	$836M
SG&A Expenses	$919M
Other Expenses	$0
Operating Expenses	$919M
Cost & Expenses	$2.5B
OPERATING INCOME	$62M
Interest Income	$322.0K
Interest Expense	$23M
Other Income/Expenses	-$23M
INCOME BEFORE TAX	$39M
Income Tax Expense	$11M
Net Income from Continuing Ops	$35M
Net Income from Discontinued Ops	$0
Other Adjustments	-$8M
NET INCOME	$27M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$26M
D&A	$55M
EBIT	$75M
EBITDA	$117M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$2.6B
Cost of Revenue	$1.6B
GROSS PROFIT	$1.0B
R&D Expenses	$0
Selling & Marketing	$83M
General & Administrative	$836M
SG&A Expenses	$919M
Other Expenses	$0
Operating Expenses	$919M
Cost & Expenses	$2.5B
OPERATING INCOME	$62M
Interest Income	$322.0K
Interest Expense	$23M
Other Income/Expenses	-$23M
INCOME BEFORE TAX	$39M
Income Tax Expense	$11M
Net Income from Continuing Ops	$35M
Net Income from Discontinued Ops	$0
Other Adjustments	-$8M
NET INCOME	$27M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$26M
D&A	$55M
EBIT	$75M
EBITDA	$117M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$27M
Depreciation & Amortization	$55M
Stock-Based Compensation	$6M
Deferred Income Tax	-$4M
Other Non-Cash Items	$21M
Change in Working Capital	$92M
OPERATING CASH FLOW	$198M
Capital Expenditure	-$64M
Acquisitions (Net)	-$5M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$13M
NET CASH FROM INVESTING	-$69M
Net Debt Issuance	-$96M
Common Stock Repurchased	$802M
Common Dividends Paid	-$12M
Other Financing Activities	-$756.0K
NET CASH FROM FINANCING	-$109M
FREE CASH FLOW	$134M
Net Change in Cash	$21M

Balance Sheet

Item	Amount
Cash & Equivalents	$68M
Short-Term Investments	$0
Net Receivables	$111M
Inventory	$533M
Other Current Assets	$42M
TOTAL CURRENT ASSETS	$772M
PP&E (Net)	$146M
Goodwill	$40M
Intangible Assets	$93M
Long-Term Investments	$0
Tax Assets	$1M
Other Non-Current Assets	$119M
TOTAL NON-CURRENT ASSETS	$399M
TOTAL ASSETS	$1.2B
Account Payables	$223M
Short-Term Debt	$105M
Deferred Revenue	$0
Other Current Liabilities	$90M
TOTAL CURRENT LIABILITIES	$469M
Long-Term Debt	$199M
Deferred Revenue NC	$34M
Deferred Tax Liabilities	$14M
Other Non-Current Liabilities	$77M
TOTAL NON-CURRENT LIABILITIES	$276M
TOTAL LIABILITIES	$745M
Common Stock	$429.0K
Additional Paid-In Capital	$122M
Retained Earnings	$302M
Treasury Stock	$0
Accum. Other Comp. Income	$884.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$425M
Minority Interest	$772.0K
TOTAL EQUITY	$426M
TOTAL LIABILITIES & EQUITY	$1.2B
Total Debt	$304M
Net Debt	$236M