DOX FY 2011 Earnings Report — Amdocs Limited Revenue & Financial Results | Market Cap Arena

Amdocs LimitedDOX

FY 2011 Earnings

Reported December 8, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$3.2B	—	$3.0B	—	6.5%
Op. Income	$404M	—	$410M	—	-1.5%
Gross Margin	34.9%	—	36.1%	—	-1.3pp
Net Margin	10.9%	—	11.5%	—	-0.6pp
EPS (Diluted)	$1.86	—	$1.69	—	10.1%
Free Cash Flow	$426M	—	$598M	—	-28.8%

Revenue Flow

Item	Amount
REVENUE	$3.2B
Cost of Revenue	$2.1B
GROSS PROFIT	$1.1B
R&D Expenses	$222M
Selling & Marketing	$0
General & Administrative	$409M
SG&A Expenses	$409M
Other Expenses	$73M
Operating Expenses	$704M
Cost & Expenses	$2.8B
OPERATING INCOME	$404M
Interest Income	$6M
Interest Expense	$3M
Other Income/Expenses	-$9M
INCOME BEFORE TAX	$396M
Income Tax Expense	$49M
Net Income from Continuing Ops	$347M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$347M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$347M
D&A	$181M
EBIT	$399M
EBITDA	$580M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$3.2B
Cost of Revenue	$2.1B
GROSS PROFIT	$1.1B
R&D Expenses	$222M
Selling & Marketing	$0
General & Administrative	$409M
SG&A Expenses	$409M
Other Expenses	$73M
Operating Expenses	$704M
Cost & Expenses	$2.8B
OPERATING INCOME	$404M
Interest Income	$6M
Interest Expense	$3M
Other Income/Expenses	-$9M
INCOME BEFORE TAX	$396M
Income Tax Expense	$49M
Net Income from Continuing Ops	$347M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$347M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$347M
D&A	$181M
EBIT	$399M
EBITDA	$580M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$347M
Depreciation & Amortization	$181M
Stock-Based Compensation	$37M
Deferred Income Tax	$1M
Other Non-Cash Items	$1M
Change in Working Capital	-$32M
OPERATING CASH FLOW	$535M
Capital Expenditure	-$110M
Acquisitions (Net)	-$163M
Purchases of Investments	-$522M
Sales/Maturities of Investments	$591M
Other Investing Activities	-$18M
NET CASH FROM INVESTING	-$222M
Net Debt Issuance	$49M
Common Stock Repurchased	-$624M
Common Dividends Paid	$0
Other Financing Activities	$56M
NET CASH FROM FINANCING	-$519M
FREE CASH FLOW	$426M
Net Change in Cash	-$205M

Balance Sheet

Item	Amount
Cash & Equivalents	$831M
Short-Term Investments	$342M
Net Receivables	$566M
Inventory	$0
Other Current Assets	$113M
TOTAL CURRENT ASSETS	$2.0B
PP&E (Net)	$258M
Goodwill	$1.7B
Intangible Assets	$193M
Long-Term Investments	$0
Tax Assets	$123M
Other Non-Current Assets	$343M
TOTAL NON-CURRENT ASSETS	$2.7B
TOTAL ASSETS	$4.6B
Account Payables	$127M
Short-Term Debt	$250M
Deferred Revenue	$151M
Other Current Liabilities	$228M
TOTAL CURRENT LIABILITIES	$1.0B
Long-Term Debt	$0
Deferred Revenue NC	$81M
Deferred Tax Liabilities	$310M
Other Non-Current Liabilities	$211M
TOTAL NON-CURRENT LIABILITIES	$602M
TOTAL LIABILITIES	$1.6B
Common Stock	$4M
Additional Paid-In Capital	$2.5B
Retained Earnings	$2.5B
Treasury Stock	-$1.9B
Accum. Other Comp. Income	-$20M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.0B
Minority Interest	$0
TOTAL EQUITY	$3.0B
TOTAL LIABILITIES & EQUITY	$4.6B
Total Debt	$250M
Net Debt	-$581M