CMP FY 2018 Earnings Report — Compass Minerals International, Inc. Revenue & Financial Results | Market Cap Arena

Compass Minerals International, Inc.CMP

FY 2018 Earnings

Reported February 28, 2019

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	$1.1B	—	$1.4B	—	-20.9%
Op. Income	$80M	—	$159M	—	-50.1%
Gross Margin	17.0%	—	23.9%	—	-6.9pp
Net Margin	6.0%	—	3.1%	—	2.9pp
EPS (Diluted)	$1.90	—	$1.26	—	50.8%
Free Cash Flow	$86M	—	$37M	—	130.5%

Revenue Flow

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$896M
GROSS PROFIT	$184M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$104M
Other Expenses	$0
Operating Expenses	$104M
Cost & Expenses	$1.0B
OPERATING INCOME	$80M
Interest Income	$0
Interest Expense	$51M
Other Income/Expenses	-$39M
INCOME BEFORE TAX	$40M
Income Tax Expense	$8M
Net Income from Continuing Ops	$32M
Net Income from Discontinued Ops	$33M
Other Adjustments	$0
NET INCOME	$65M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$64M
D&A	$137M
EBIT	$92M
EBITDA	$229M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$896M
GROSS PROFIT	$184M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$104M
Other Expenses	$0
Operating Expenses	$104M
Cost & Expenses	$1.0B
OPERATING INCOME	$80M
Interest Income	$0
Interest Expense	$51M
Other Income/Expenses	-$39M
INCOME BEFORE TAX	$40M
Income Tax Expense	$8M
Net Income from Continuing Ops	$32M
Net Income from Discontinued Ops	$33M
Other Adjustments	$0
NET INCOME	$65M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$64M
D&A	$137M
EBIT	$92M
EBITDA	$229M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$65M
Depreciation & Amortization	$0
Stock-Based Compensation	$8M
Deferred Income Tax	-$15M
Other Non-Cash Items	$142M
Change in Working Capital	-$18M
OPERATING CASH FLOW	$182M
Capital Expenditure	-$97M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$3M
NET CASH FROM INVESTING	-$100M
Net Debt Issuance	$15M
Common Stock Repurchased	$0
Common Dividends Paid	-$98M
Other Financing Activities	-$3M
NET CASH FROM FINANCING	-$86M
FREE CASH FLOW	$86M
Net Change in Cash	-$10M

Balance Sheet

Item	Amount
Cash & Equivalents	$27M
Short-Term Investments	$0
Net Receivables	$312M
Inventory	$267M
Other Current Assets	$116M
TOTAL CURRENT ASSETS	$721M
PP&E (Net)	$1.1B
Goodwill	$351M
Intangible Assets	$116M
Long-Term Investments	$25M
Tax Assets	$0
Other Non-Current Assets	$104M
TOTAL NON-CURRENT ASSETS	$1.6B
TOTAL ASSETS	$2.4B
Account Payables	$111M
Short-Term Debt	$44M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$283M
Long-Term Debt	$1.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$101M
Other Non-Current Liabilities	$122M
TOTAL NON-CURRENT LIABILITIES	$1.5B
TOTAL LIABILITIES	$1.8B
Common Stock	$400.0K
Additional Paid-In Capital	$110M
Retained Earnings	$644M
Treasury Stock	-$3M
Accum. Other Comp. Income	-$211M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$540M
Minority Interest	$0
TOTAL EQUITY	$540M
TOTAL LIABILITIES & EQUITY	$2.4B
Total Debt	$1.4B
Net Debt	$1.3B