CSGS FY 2015 Earnings Report — CSG Systems International, Inc. Revenue & Financial Results | Market Cap Arena

CSG Systems International, Inc.CSGS

FY 2015 Earnings

Reported August 29, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$753M	—	$751M	—	0.2%
Op. Income	$113M	—	$76M	—	49.5%
Gross Margin	49.5%	—	48.2%	—	1.4pp
Net Margin	8.3%	—	4.9%	—	3.4pp
EPS (Diluted)	$1.87	—	$1.10	—	70.0%
Free Cash Flow	$110M	—	$52M	—	111.5%

Revenue Flow

Item	Amount
REVENUE	$753M
Cost of Revenue	$380M
GROSS PROFIT	$373M
R&D Expenses	$102M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$140M
Other Expenses	-$624.0K
Operating Expenses	$257M
Cost & Expenses	$636M
OPERATING INCOME	$113M
Interest Income	$1M
Interest Expense	$17M
Other Income/Expenses	-$17M
INCOME BEFORE TAX	$96M
Income Tax Expense	$34M
Net Income from Continuing Ops	$63M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$63M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$63M
D&A	$44M
EBIT	$114M
EBITDA	$158M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$753M
Cost of Revenue	$380M
GROSS PROFIT	$373M
R&D Expenses	$102M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$140M
Other Expenses	-$624.0K
Operating Expenses	$257M
Cost & Expenses	$636M
OPERATING INCOME	$113M
Interest Income	$1M
Interest Expense	$17M
Other Income/Expenses	-$17M
INCOME BEFORE TAX	$96M
Income Tax Expense	$34M
Net Income from Continuing Ops	$63M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$63M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$63M
D&A	$44M
EBIT	$114M
EBITDA	$158M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$63M
Depreciation & Amortization	$44M
Stock-Based Compensation	$21M
Deferred Income Tax	-$16M
Other Non-Cash Items	$2M
Change in Working Capital	$23M
OPERATING CASH FLOW	$137M
Capital Expenditure	-$27M
Acquisitions (Net)	-$1M
Purchases of Investments	-$182M
Sales/Maturities of Investments	$193M
Other Investing Activities	$3M
NET CASH FROM INVESTING	-$17M
Net Debt Issuance	$23M
Common Stock Repurchased	-$65M
Common Dividends Paid	-$22M
Other Financing Activities	-$1M
NET CASH FROM FINANCING	-$65M
FREE CASH FLOW	$110M
Net Change in Cash	$51M

Balance Sheet

Item	Amount
Cash & Equivalents	$133M
Short-Term Investments	$108M
Net Receivables	$224M
Inventory	$18M
Other Current Assets	$35M
TOTAL CURRENT ASSETS	$518M
PP&E (Net)	$36M
Goodwill	$220M
Intangible Assets	$75M
Long-Term Investments	$0
Tax Assets	$8M
Other Non-Current Assets	$20M
TOTAL NON-CURRENT ASSETS	$359M
TOTAL ASSETS	$877M
Account Payables	$43M
Short-Term Debt	$149M
Deferred Revenue	$76M
Other Current Liabilities	$57M
TOTAL CURRENT LIABILITIES	$360M
Long-Term Debt	$130M
Deferred Revenue NC	$10M
Deferred Tax Liabilities	$9M
Other Non-Current Liabilities	$17M
TOTAL NON-CURRENT LIABILITIES	$171M
TOTAL LIABILITIES	$531M
Common Stock	$672.0K
Additional Paid-In Capital	$503M
Retained Earnings	$675M
Treasury Stock	-$814M
Accum. Other Comp. Income	-$26M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$346M
Minority Interest	$0
TOTAL EQUITY	$346M
TOTAL LIABILITIES & EQUITY	$877M
Total Debt	$285M
Net Debt	$152M