DCOM FY 2012 Earnings Report — Dime Community Bancshares, Inc. Revenue & Financial Results | Market Cap Arena

Dime Community Bancshares, Inc.DCOM

FY 2012 Earnings

Reported March 13, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$206M	—	$217M	—	-5.1%
Op. Income	$67M	—	$79M	—	-14.8%
Gross Margin	56.3%	—	64.7%	—	-8.4pp
Net Margin	19.6%	—	21.8%	—	-2.2pp
EPS (Diluted)	$1.17	—	$1.40	—	-16.4%
Free Cash Flow	$68M	—	$59M	—	16.3%

Revenue Flow

Item	Amount
REVENUE	$206M
Cost of Revenue	$90M
GROSS PROFIT	$116M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$43M
SG&A Expenses	$44M
Other Expenses	$5M
Operating Expenses	$49M
Cost & Expenses	$139M
OPERATING INCOME	$67M
Interest Income	$196M
Interest Expense	$86M
Other Income/Expenses	$0
INCOME BEFORE TAX	$67M
Income Tax Expense	$27M
Net Income from Continuing Ops	$40M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$40M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$40M
D&A	$3M
EBIT	$67M
EBITDA	$70M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$206M
Cost of Revenue	$90M
GROSS PROFIT	$116M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$43M
SG&A Expenses	$44M
Other Expenses	$5M
Operating Expenses	$49M
Cost & Expenses	$139M
OPERATING INCOME	$67M
Interest Income	$196M
Interest Expense	$86M
Other Income/Expenses	$0
INCOME BEFORE TAX	$67M
Income Tax Expense	$27M
Net Income from Continuing Ops	$40M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$40M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$40M
D&A	$3M
EBIT	$67M
EBITDA	$70M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$40M
Depreciation & Amortization	$3M
Stock-Based Compensation	$3M
Deferred Income Tax	-$2M
Other Non-Cash Items	$20M
Change in Working Capital	$8M
OPERATING CASH FLOW	$73M
Capital Expenditure	-$4M
Acquisitions (Net)	$0
Purchases of Investments	-$83M
Sales/Maturities of Investments	$224M
Other Investing Activities	$13M
NET CASH FROM INVESTING	$150M
Net Debt Issuance	-$97M
Common Stock Repurchased	-$175.0K
Common Dividends Paid	-$19M
Other Financing Activities	-$81M
NET CASH FROM FINANCING	-$187M
FREE CASH FLOW	$68M
Net Change in Cash	$35M

Balance Sheet

Item	Amount
Cash & Equivalents	$79M
Short-Term Investments	$82M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$161M
PP&E (Net)	$31M
Goodwill	$56M
Intangible Assets	$0
Long-Term Investments	$3.5B
Tax Assets	$0
Other Non-Current Assets	$166M
TOTAL NON-CURRENT ASSETS	$3.7B
TOTAL ASSETS	$3.9B
Account Payables	$0
Short-Term Debt	$57M
Deferred Revenue	$0
Other Current Liabilities	$2.4B
TOTAL CURRENT LIABILITIES	$2.5B
Long-Term Debt	$843M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$192M
TOTAL NON-CURRENT LIABILITIES	$1.0B
TOTAL LIABILITIES	$3.5B
Common Stock	$520.0K
Additional Paid-In Capital	$239M
Retained Earnings	$379M
Treasury Stock	-$203M
Accum. Other Comp. Income	-$10M
Other Equity	-$15M
TOTAL STOCKHOLDERS' EQUITY	$392M
Minority Interest	$0
TOTAL EQUITY	$392M
TOTAL LIABILITIES & EQUITY	$3.9B
Total Debt	$843M
Net Debt	$763M