CMP FY 2016 Earnings Report — Compass Minerals International, Inc. Revenue & Financial Results | Market Cap Arena

Compass Minerals International, Inc.CMP

FY 2016 Earnings

Reported March 1, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$1.1B	—	$1.1B	—	3.6%
Op. Income	$175M	—	$221M	—	-21.1%
Gross Margin	26.3%	—	30.0%	—	-3.7pp
Net Margin	14.3%	—	14.5%	—	-0.2pp
EPS (Diluted)	$4.79	—	$4.69	—	2.1%
Free Cash Flow	-$15M	—	-$80M	—	81.3%

Revenue Flow

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$839M
GROSS PROFIT	$300M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$125M
Other Expenses	$0
Operating Expenses	$125M
Cost & Expenses	$963M
OPERATING INCOME	$175M
Interest Income	$0
Interest Expense	$34M
Other Income/Expenses	$23M
INCOME BEFORE TAX	$197M
Income Tax Expense	$35M
Net Income from Continuing Ops	$163M
Net Income from Discontinued Ops	$0
NET INCOME	$163M
BOTTOM LINE NET INCOME	$162M
D&A	$90M
EBIT	$231M
EBITDA	$322M
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$839M
GROSS PROFIT	$300M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$125M
Other Expenses	$0
Operating Expenses	$125M
Cost & Expenses	$963M
OPERATING INCOME	$175M
Interest Income	$0
Interest Expense	$34M
Other Income/Expenses	$23M
INCOME BEFORE TAX	$197M
Income Tax Expense	$35M
Net Income from Continuing Ops	$163M
Net Income from Discontinued Ops	$0
NET INCOME	$163M
BOTTOM LINE NET INCOME	$162M
D&A	$90M
EBIT	$231M
EBITDA	$322M
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$163M
Depreciation & Amortization	$0
Stock-Based Compensation	$5M
Deferred Income Tax	-$11M
Other Non-Cash Items	$43M
Change in Working Capital	-$32M
OPERATING CASH FLOW	$167M
Capital Expenditure	-$182M
Acquisitions (Net)	-$282M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$3M
NET CASH FROM INVESTING	-$468M
Net Debt Issuance	$417M
Common Stock Repurchased	$0
Common Dividends Paid	-$94M
Other Financing Activities	-$8M
NET CASH FROM FINANCING	$315M
FREE CASH FLOW	-$15M
Net Change in Cash	$19M

Balance Sheet

Item	Amount
Cash & Equivalents	$77M
Short-Term Investments	$0
Net Receivables	$321M
Inventory	$281M
Other Current Assets	$36M
TOTAL CURRENT ASSETS	$715M
PP&E (Net)	$1.1B
Goodwill	$412M
Intangible Assets	$158M
Long-Term Investments	$25M
Tax Assets	$0
Other Non-Current Assets	$65M
TOTAL NON-CURRENT ASSETS	$1.8B
TOTAL ASSETS	$2.5B
Account Payables	$101M
Short-Term Debt	$130M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$372M
Long-Term Debt	$1.2B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$131M
Other Non-Current Liabilities	$52M
TOTAL NON-CURRENT LIABILITIES	$1.4B
TOTAL LIABILITIES	$1.7B
Common Stock	$400.0K
Additional Paid-In Capital	$97M
Retained Earnings	$728M
Treasury Stock	-$3M
Accum. Other Comp. Income	-$105M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$717M
Minority Interest	$0
TOTAL EQUITY	$717M
TOTAL LIABILITIES & EQUITY	$2.5B
Total Debt	$1.3B
Net Debt	$1.2B