CHD FY 2013 Earnings Report — Church & Dwight Co., Inc. Revenue & Financial Results | Market Cap Arena

Church & Dwight Co., Inc.CHD

FY 2013 Earnings

Reported February 21, 2014

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2013	Prior Q	FY 2012	QoQ Change	YoY Change
Revenue	$3.2B	—	$2.9B	—	9.3%
Op. Income	$622M	—	$545M	—	14.1%
Gross Margin	45.0%	—	44.2%	—	0.8pp
Net Margin	12.3%	—	12.0%	—	0.4pp
EPS (Diluted)	$1.40	—	$1.23	—	13.8%
Free Cash Flow	$433M	—	$449M	—	-3.7%

Revenue Flow

Item	Amount
REVENUE	$3.2B
Cost of Revenue	$1.8B
GROSS PROFIT	$1.4B
R&D Expenses	$0
Selling & Marketing	$400M
General & Administrative	$416M
SG&A Expenses	$816M
Other Expenses	$0
Operating Expenses	$816M
Cost & Expenses	$2.6B
OPERATING INCOME	$622M
Interest Income	$0
Interest Expense	$28M
Other Income/Expenses	-$24M
INCOME BEFORE TAX	$598M
Income Tax Expense	$203M
Net Income from Continuing Ops	$394M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$394M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$394M
D&A	$91M
EBIT	$626M
EBITDA	$716M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$3.2B
Cost of Revenue	$1.8B
GROSS PROFIT	$1.4B
R&D Expenses	$0
Selling & Marketing	$400M
General & Administrative	$416M
SG&A Expenses	$816M
Other Expenses	$0
Operating Expenses	$816M
Cost & Expenses	$2.6B
OPERATING INCOME	$622M
Interest Income	$0
Interest Expense	$28M
Other Income/Expenses	-$24M
INCOME BEFORE TAX	$598M
Income Tax Expense	$203M
Net Income from Continuing Ops	$394M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$394M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$394M
D&A	$91M
EBIT	$626M
EBITDA	$716M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$394M
Depreciation & Amortization	$91M
Stock-Based Compensation	$17M
Deferred Income Tax	$11M
Other Non-Cash Items	$3M
Change in Working Capital	-$16M
OPERATING CASH FLOW	$500M
Capital Expenditure	-$67M
Acquisitions (Net)	-$6M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$4M
NET CASH FROM INVESTING	-$77M
Net Debt Issuance	-$99M
Common Stock Repurchased	-$50M
Common Dividends Paid	-$155M
Other Financing Activities	$45M
NET CASH FROM FINANCING	-$260M
FREE CASH FLOW	$433M
Net Change in Cash	$154M

Balance Sheet

Item	Amount
Cash & Equivalents	$497M
Short-Term Investments	$0
Net Receivables	$330M
Inventory	$251M
Other Current Assets	$38M
TOTAL CURRENT ASSETS	$1.1B
PP&E (Net)	$594M
Goodwill	$1.2B
Intangible Assets	$1.2B
Long-Term Investments	$25M
Tax Assets	$0
Other Non-Current Assets	$99M
TOTAL NON-CURRENT ASSETS	$3.1B
TOTAL ASSETS	$4.3B
Account Payables	$257M
Short-Term Debt	$154M
Deferred Revenue	$0
Other Current Liabilities	$171M
TOTAL CURRENT LIABILITIES	$651M
Long-Term Debt	$650M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$476M
Other Non-Current Liabilities	$183M
TOTAL NON-CURRENT LIABILITIES	$1.3B
TOTAL LIABILITIES	$2.0B
Common Stock	$146M
Additional Paid-In Capital	$353M
Retained Earnings	$2.2B
Treasury Stock	-$368M
Accum. Other Comp. Income	$200.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.3B
Minority Interest	$100.0K
TOTAL EQUITY	$2.3B
TOTAL LIABILITIES & EQUITY	$4.3B
Total Debt	$803M
Net Debt	$306M