DECK FY 2019 Earnings Report — Deckers Outdoor Corporation Revenue & Financial Results | Market Cap Arena

Deckers Outdoor CorporationDECK

FY 2019 Earnings

Reported May 30, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$2.0B	—	$1.9B	—	6.2%
Op. Income	$327M	—	$223M	—	47.1%
Gross Margin	51.5%	—	48.9%	—	2.5pp
Net Margin	13.1%	—	6.0%	—	7.1pp
EPS (Diluted)	$1.47	—	$0.60	—	146.9%
Free Cash Flow	$330M	—	$293M	—	12.9%

Revenue Flow

Item	Amount
REVENUE	$2.0B
Cost of Revenue	$980M
GROSS PROFIT	$1.0B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$713M
Other Expenses	$0
Operating Expenses	$713M
Cost & Expenses	$1.7B
OPERATING INCOME	$327M
Interest Income	$6M
Interest Expense	$5M
Other Income/Expenses	$2M
INCOME BEFORE TAX	$329M
Income Tax Expense	$65M
Net Income from Continuing Ops	$264M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$264M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$264M
D&A	$45M
EBIT	$334M
EBITDA	$379M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$2.0B
Cost of Revenue	$980M
GROSS PROFIT	$1.0B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$713M
Other Expenses	$0
Operating Expenses	$713M
Cost & Expenses	$1.7B
OPERATING INCOME	$327M
Interest Income	$6M
Interest Expense	$5M
Other Income/Expenses	$2M
INCOME BEFORE TAX	$329M
Income Tax Expense	$65M
Net Income from Continuing Ops	$264M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$264M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$264M
D&A	$45M
EBIT	$334M
EBITDA	$379M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$264M
Depreciation & Amortization	$45M
Stock-Based Compensation	$15M
Deferred Income Tax	$7M
Other Non-Cash Items	$4M
Change in Working Capital	$25M
OPERATING CASH FLOW	$360M
Capital Expenditure	-$29M
Acquisitions (Net)	$68.0K
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$68.0K
NET CASH FROM INVESTING	-$29M
Net Debt Issuance	-$198.0K
Common Stock Repurchased	-$167M
Common Dividends Paid	$0
Other Financing Activities	-$1M
NET CASH FROM FINANCING	-$167M
FREE CASH FLOW	$330M
Net Change in Cash	$160M

Balance Sheet

Item	Amount
Cash & Equivalents	$590M
Short-Term Investments	$0
Net Receivables	$181M
Inventory	$279M
Other Current Assets	$26M
TOTAL CURRENT ASSETS	$1.1B
PP&E (Net)	$214M
Goodwill	$14M
Intangible Assets	$51M
Long-Term Investments	$0
Tax Assets	$31M
Other Non-Current Assets	$22M
TOTAL NON-CURRENT ASSETS	$332M
TOTAL ASSETS	$1.4B
Account Payables	$125M
Short-Term Debt	$603.0K
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$251M
Long-Term Debt	$31M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$101M
TOTAL NON-CURRENT LIABILITIES	$132M
TOTAL LIABILITIES	$382M
Common Stock	$291.0K
Additional Paid-In Capital	$178M
Retained Earnings	$889M
Treasury Stock	$0
Accum. Other Comp. Income	-$23M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.0B
Minority Interest	$0
TOTAL EQUITY	$1.0B
TOTAL LIABILITIES & EQUITY	$1.4B
Total Debt	$32M
Net Debt	-$558M