DBI FY 2013 Earnings Report — Designer Brands Inc. Revenue & Financial Results | Market Cap Arena

Designer Brands Inc.DBI

FY 2013 Earnings

Reported March 27, 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	$2.4B	—	—	—	—
Op. Income	$241M	—	—	—	—
Gross Margin	31.2%	—	—	—	—
Net Margin	6.4%	—	—	—	—
EPS (Diluted)	$1.65	—	—	—	—
Free Cash Flow	$212M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$2.4B
Cost of Revenue	$1.6B
GROSS PROFIT	$739M
R&D Expenses	$0
Selling & Marketing	$56M
General & Administrative	$619M
SG&A Expenses	$676M
Other Expenses	$498M
Operating Expenses	$498M
Cost & Expenses	$2.1B
OPERATING INCOME	$241M
Interest Income	$3M
Interest Expense	$474.0K
Other Income/Expenses	$3M
INCOME BEFORE TAX	$244M
Income Tax Expense	$93M
Net Income from Continuing Ops	$151M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$151M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$151M
D&A	$64M
EBIT	$245M
EBITDA	$309M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$2.4B
Cost of Revenue	$1.6B
GROSS PROFIT	$739M
R&D Expenses	$0
Selling & Marketing	$56M
General & Administrative	$619M
SG&A Expenses	$676M
Other Expenses	$498M
Operating Expenses	$498M
Cost & Expenses	$2.1B
OPERATING INCOME	$241M
Interest Income	$3M
Interest Expense	$474.0K
Other Income/Expenses	$3M
INCOME BEFORE TAX	$244M
Income Tax Expense	$93M
Net Income from Continuing Ops	$151M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$151M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$151M
D&A	$64M
EBIT	$245M
EBITDA	$309M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$151M
Depreciation & Amortization	$64M
Stock-Based Compensation	$9M
Deferred Income Tax	$42M
Other Non-Cash Items	$24M
Change in Working Capital	$8M
OPERATING CASH FLOW	$299M
Capital Expenditure	-$86M
Acquisitions (Net)	$0
Purchases of Investments	-$414M
Sales/Maturities of Investments	$265M
Other Investing Activities	-$6M
NET CASH FROM INVESTING	-$241M
Net Debt Issuance	$0
Common Stock Repurchased	-$5M
Common Dividends Paid	-$34M
Other Financing Activities	$12M
NET CASH FROM FINANCING	-$26M
FREE CASH FLOW	$212M
Net Change in Cash	$31M

Balance Sheet

Item	Amount
Cash & Equivalents	$112M
Short-Term Investments	$224M
Net Receivables	$27M
Inventory	$398M
Other Current Assets	$52M
TOTAL CURRENT ASSETS	$813M
PP&E (Net)	$319M
Goodwill	$26M
Intangible Assets	$0
Long-Term Investments	$243M
Tax Assets	$12M
Other Non-Current Assets	$9M
TOTAL NON-CURRENT ASSETS	$608M
TOTAL ASSETS	$1.4B
Account Payables	$169M
Short-Term Debt	$0
Deferred Revenue	$38M
Other Current Liabilities	$18M
TOTAL CURRENT LIABILITIES	$284M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$138M
TOTAL NON-CURRENT LIABILITIES	$138M
TOTAL LIABILITIES	$423M
Common Stock	$891M
Additional Paid-In Capital	$891M
Retained Earnings	$134M
Treasury Stock	-$2M
Accum. Other Comp. Income	-$25M
Other Equity	-$916M
TOTAL STOCKHOLDERS' EQUITY	$999M
Minority Interest	$0
TOTAL EQUITY	$999M
TOTAL LIABILITIES & EQUITY	$1.4B
Total Debt	$0
Net Debt	-$112M