DOX FY 2013 Earnings Report — Amdocs Limited Revenue & Financial Results | Market Cap Arena

Amdocs LimitedDOX

FY 2013 Earnings

Reported December 9, 2013

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	$3.3B	—	$3.2B	—	3.0%
Op. Income	$482M	—	$442M	—	8.8%
Gross Margin	35.2%	—	35.8%	—	-0.5pp
Net Margin	12.3%	—	12.1%	—	0.3pp
EPS (Diluted)	$2.53	—	$2.31	—	9.5%
Free Cash Flow	$564M	—	$392M	—	43.8%

Revenue Flow

Item	Amount
REVENUE	$3.3B
Cost of Revenue	$2.2B
GROSS PROFIT	$1.2B
R&D Expenses	$240M
Selling & Marketing	$0
General & Administrative	$419M
SG&A Expenses	$419M
Other Expenses	$38M
Operating Expenses	$697M
Cost & Expenses	$2.9B
OPERATING INCOME	$482M
Interest Income	$5M
Interest Expense	$4M
Other Income/Expenses	-$6M
INCOME BEFORE TAX	$475M
Income Tax Expense	$63M
Net Income from Continuing Ops	$412M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$412M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$412M
D&A	$141M
EBIT	$479M
EBITDA	$620M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$3.3B
Cost of Revenue	$2.2B
GROSS PROFIT	$1.2B
R&D Expenses	$240M
Selling & Marketing	$0
General & Administrative	$419M
SG&A Expenses	$419M
Other Expenses	$38M
Operating Expenses	$697M
Cost & Expenses	$2.9B
OPERATING INCOME	$482M
Interest Income	$5M
Interest Expense	$4M
Other Income/Expenses	-$6M
INCOME BEFORE TAX	$475M
Income Tax Expense	$63M
Net Income from Continuing Ops	$412M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$412M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$412M
D&A	$141M
EBIT	$479M
EBITDA	$620M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$412M
Depreciation & Amortization	$141M
Stock-Based Compensation	$40M
Deferred Income Tax	$12M
Other Non-Cash Items	$2M
Change in Working Capital	$63M
OPERATING CASH FLOW	$671M
Capital Expenditure	-$107M
Acquisitions (Net)	-$112M
Purchases of Investments	-$387M
Sales/Maturities of Investments	$312M
Other Investing Activities	-$3M
NET CASH FROM INVESTING	-$297M
Net Debt Issuance	$0
Common Stock Repurchased	-$367M
Common Dividends Paid	-$84M
Other Financing Activities	$213M
NET CASH FROM FINANCING	-$238M
FREE CASH FLOW	$564M
Net Change in Cash	$135M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.0B
Short-Term Investments	$312M
Net Receivables	$678M
Inventory	$126M
Other Current Assets	$126M
TOTAL CURRENT ASSETS	$2.3B
PP&E (Net)	$276M
Goodwill	$1.8B
Intangible Assets	$157M
Long-Term Investments	$0
Tax Assets	$114M
Other Non-Current Assets	$393M
TOTAL NON-CURRENT ASSETS	$2.6B
TOTAL ASSETS	$4.9B
Account Payables	$133M
Short-Term Debt	$200M
Deferred Revenue	$151M
Other Current Liabilities	$570M
TOTAL CURRENT LIABILITIES	$1.1B
Long-Term Debt	$0
Deferred Revenue NC	$23M
Deferred Tax Liabilities	$316M
Other Non-Current Liabilities	$238M
TOTAL NON-CURRENT LIABILITIES	$577M
TOTAL LIABILITIES	$1.7B
Common Stock	$4M
Additional Paid-In Capital	$2.9B
Retained Earnings	$3.2B
Treasury Stock	-$2.8B
Accum. Other Comp. Income	$632.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.3B
Minority Interest	$0
TOTAL EQUITY	$3.3B
TOTAL LIABILITIES & EQUITY	$4.9B
Total Debt	$200M
Net Debt	-$814M