DKS FY 2016 Earnings Report — DICK'S Sporting Goods, Inc. Revenue & Financial Results | Market Cap Arena

DICK'S Sporting Goods, Inc.DKS

FY 2016 Earnings

Reported March 24, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$7.9B	—	$7.3B	—	9.0%
Op. Income	$450M	—	$535M	—	-15.9%
Gross Margin	29.9%	—	30.0%	—	-0.2pp
Net Margin	3.6%	—	4.5%	—	-0.9pp
EPS (Diluted)	$2.56	—	$2.83	—	-9.5%
Free Cash Flow	$337M	—	$273M	—	23.2%

Revenue Flow

Item	Amount
REVENUE	$7.9B
Cost of Revenue	$5.6B
GROSS PROFIT	$2.4B
R&D Expenses	$0
Selling & Marketing	$305M
General & Administrative	$1.6B
SG&A Expenses	$1.9B
Other Expenses	$40M
Operating Expenses	$1.9B
Cost & Expenses	$7.5B
OPERATING INCOME	$450M
Interest Income	$0
Interest Expense	$6M
Other Income/Expenses	$9M
INCOME BEFORE TAX	$458M
Income Tax Expense	$171M
Net Income from Continuing Ops	$287M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$287M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$287M
D&A	$234M
EBIT	$464M
EBITDA	$698M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$7.9B
Cost of Revenue	$5.6B
GROSS PROFIT	$2.4B
R&D Expenses	$0
Selling & Marketing	$305M
General & Administrative	$1.6B
SG&A Expenses	$1.9B
Other Expenses	$40M
Operating Expenses	$1.9B
Cost & Expenses	$7.5B
OPERATING INCOME	$450M
Interest Income	$0
Interest Expense	$6M
Other Income/Expenses	$9M
INCOME BEFORE TAX	$458M
Income Tax Expense	$171M
Net Income from Continuing Ops	$287M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$287M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$287M
D&A	$234M
EBIT	$464M
EBITDA	$698M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$287M
Depreciation & Amortization	$234M
Stock-Based Compensation	$34M
Deferred Income Tax	-$45M
Other Non-Cash Items	$721.0K
Change in Working Capital	$258M
OPERATING CASH FLOW	$759M
Capital Expenditure	-$422M
Acquisitions (Net)	-$119M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$10M
NET CASH FROM INVESTING	-$550M
Net Debt Issuance	$17M
Common Stock Repurchased	-$146M
Common Dividends Paid	-$68M
Other Financing Activities	-$7M
NET CASH FROM FINANCING	-$173M
FREE CASH FLOW	$337M
Net Change in Cash	$46M

Balance Sheet

Item	Amount
Cash & Equivalents	$165M
Short-Term Investments	$0
Net Receivables	$78M
Inventory	$1.6B
Other Current Assets	$0
TOTAL CURRENT ASSETS	$2.0B
PP&E (Net)	$1.5B
Goodwill	$245M
Intangible Assets	$141M
Long-Term Investments	$0
Tax Assets	$46M
Other Non-Current Assets	$108M
TOTAL NON-CURRENT ASSETS	$2.1B
TOTAL ASSETS	$4.1B
Account Payables	$756M
Short-Term Debt	$646.0K
Deferred Revenue	$179M
Other Current Liabilities	$25M
TOTAL CURRENT LIABILITIES	$1.4B
Long-Term Debt	$5M
Deferred Revenue NC	$103M
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$624M
TOTAL NON-CURRENT LIABILITIES	$731M
TOTAL LIABILITIES	$2.1B
Common Stock	$1M
Additional Paid-In Capital	$1.1B
Retained Earnings	$2.0B
Treasury Stock	-$1.2B
Accum. Other Comp. Income	-$132.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.9B
Minority Interest	$0
TOTAL EQUITY	$1.9B
TOTAL LIABILITIES & EQUITY	$4.1B
Total Debt	$5M
Net Debt	-$159M