DOX FY 2015 Earnings Report — Amdocs Limited Revenue & Financial Results | Market Cap Arena

Amdocs LimitedDOX

FY 2015 Earnings

Reported December 10, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$3.6B	—	$3.6B	—	2.2%
Op. Income	$516M	—	$496M	—	4.1%
Gross Margin	35.5%	—	35.3%	—	0.3pp
Net Margin	12.2%	—	11.8%	—	0.4pp
EPS (Diluted)	$2.85	—	$2.62	—	8.8%
Free Cash Flow	$652M	—	$598M	—	9.1%

Revenue Flow

Item	Amount
REVENUE	$3.6B
Cost of Revenue	$2.3B
GROSS PROFIT	$1.3B
R&D Expenses	$255M
Selling & Marketing	$0
General & Administrative	$440M
SG&A Expenses	$440M
Other Expenses	$70M
Operating Expenses	$765M
Cost & Expenses	$3.1B
OPERATING INCOME	$516M
Interest Income	$5M
Interest Expense	$3M
Other Income/Expenses	-$3M
INCOME BEFORE TAX	$513M
Income Tax Expense	$67M
Net Income from Continuing Ops	$446M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$446M
Net Income Deductions	-$54.0K
BOTTOM LINE NET INCOME	$442M
D&A	$175M
EBIT	$517M
EBITDA	$691M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$3.6B
Cost of Revenue	$2.3B
GROSS PROFIT	$1.3B
R&D Expenses	$255M
Selling & Marketing	$0
General & Administrative	$440M
SG&A Expenses	$440M
Other Expenses	$70M
Operating Expenses	$765M
Cost & Expenses	$3.1B
OPERATING INCOME	$516M
Interest Income	$5M
Interest Expense	$3M
Other Income/Expenses	-$3M
INCOME BEFORE TAX	$513M
Income Tax Expense	$67M
Net Income from Continuing Ops	$446M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$446M
Net Income Deductions	-$54.0K
BOTTOM LINE NET INCOME	$442M
D&A	$175M
EBIT	$517M
EBITDA	$691M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$446M
Depreciation & Amortization	$175M
Stock-Based Compensation	$45M
Deferred Income Tax	-$27M
Other Non-Cash Items	-$5M
Change in Working Capital	$139M
OPERATING CASH FLOW	$773M
Capital Expenditure	-$121M
Acquisitions (Net)	-$263M
Purchases of Investments	-$250M
Sales/Maturities of Investments	$253M
Other Investing Activities	$1M
NET CASH FROM INVESTING	-$380M
Net Debt Issuance	$10M
Common Stock Repurchased	-$454M
Common Dividends Paid	-$101M
Other Financing Activities	$84M
NET CASH FROM FINANCING	-$461M
FREE CASH FLOW	$652M
Net Change in Cash	-$68M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.0B
Short-Term Investments	$318M
Net Receivables	$715M
Inventory	$193M
Other Current Assets	$151M
TOTAL CURRENT ASSETS	$2.4B
PP&E (Net)	$309M
Goodwill	$2.0B
Intangible Assets	$253M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$336M
TOTAL NON-CURRENT ASSETS	$2.9B
TOTAL ASSETS	$5.3B
Account Payables	$112M
Short-Term Debt	$220M
Deferred Revenue	$198M
Other Current Liabilities	$515M
TOTAL CURRENT LIABILITIES	$1.4B
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$306M
Other Non-Current Liabilities	$248M
TOTAL NON-CURRENT LIABILITIES	$554M
TOTAL LIABILITIES	$1.9B
Common Stock	$4M
Additional Paid-In Capital	$3.2B
Retained Earnings	$3.8B
Treasury Stock	-$3.6B
Accum. Other Comp. Income	-$17M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.4B
Minority Interest	$0
TOTAL EQUITY	$3.4B
TOTAL LIABILITIES & EQUITY	$5.3B
Total Debt	$220M
Net Debt	-$816M