DOX FY 2016 Earnings Report — Amdocs Limited Revenue & Financial Results | Market Cap Arena

Amdocs LimitedDOX

FY 2016 Earnings

Reported December 12, 2016

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	$3.7B	—	$3.6B	—	2.0%
Op. Income	$483M	—	$516M	—	-6.4%
Gross Margin	35.2%	—	35.5%	—	-0.3pp
Net Margin	11.0%	—	12.2%	—	-1.2pp
EPS (Diluted)	$2.71	—	$2.85	—	-4.9%
Free Cash Flow	$490M	—	$652M	—	-24.8%

Revenue Flow

Item	Amount
REVENUE	$3.7B
Cost of Revenue	$2.4B
GROSS PROFIT	$1.3B
R&D Expenses	$252M
Selling & Marketing	$0
General & Administrative	$465M
SG&A Expenses	$465M
Other Expenses	$110M
Operating Expenses	$827M
Cost & Expenses	$3.2B
OPERATING INCOME	$483M
Interest Income	$7M
Interest Expense	$2M
Other Income/Expenses	$2M
INCOME BEFORE TAX	$485M
Income Tax Expense	$75M
Net Income from Continuing Ops	$409M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$409M
Net Income Deductions	$35.0K
BOTTOM LINE NET INCOME	$406M
D&A	$212M
EBIT	$486M
EBITDA	$698M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$3.7B
Cost of Revenue	$2.4B
GROSS PROFIT	$1.3B
R&D Expenses	$252M
Selling & Marketing	$0
General & Administrative	$465M
SG&A Expenses	$465M
Other Expenses	$110M
Operating Expenses	$827M
Cost & Expenses	$3.2B
OPERATING INCOME	$483M
Interest Income	$7M
Interest Expense	$2M
Other Income/Expenses	$2M
INCOME BEFORE TAX	$485M
Income Tax Expense	$75M
Net Income from Continuing Ops	$409M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$409M
Net Income Deductions	$35.0K
BOTTOM LINE NET INCOME	$406M
D&A	$212M
EBIT	$486M
EBITDA	$698M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$409M
Depreciation & Amortization	$212M
Stock-Based Compensation	$43M
Deferred Income Tax	-$2M
Other Non-Cash Items	-$7M
Change in Working Capital	-$35M
OPERATING CASH FLOW	$620M
Capital Expenditure	-$130M
Acquisitions (Net)	-$283M
Purchases of Investments	-$371M
Sales/Maturities of Investments	$362M
Other Investing Activities	-$19M
NET CASH FROM INVESTING	-$441M
Net Debt Issuance	-$20M
Common Stock Repurchased	-$413M
Common Dividends Paid	-$109M
Other Financing Activities	$7M
NET CASH FROM FINANCING	-$446M
FREE CASH FLOW	$490M
Net Change in Cash	-$267M

Balance Sheet

Item	Amount
Cash & Equivalents	$769M
Short-Term Investments	$327M
Net Receivables	$819M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$2.1B
PP&E (Net)	$332M
Goodwill	$2.2B
Intangible Assets	$282M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$406M
TOTAL NON-CURRENT ASSETS	$3.2B
TOTAL ASSETS	$5.3B
Account Payables	$137M
Short-Term Debt	$200M
Deferred Revenue	$173M
Other Current Liabilities	$545M
TOTAL CURRENT LIABILITIES	$1.4B
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$227M
Other Non-Current Liabilities	$285M
TOTAL NON-CURRENT LIABILITIES	$512M
TOTAL LIABILITIES	$1.9B
Common Stock	$4M
Additional Paid-In Capital	$3.3B
Retained Earnings	$4.1B
Treasury Stock	-$4.0B
Accum. Other Comp. Income	$6M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.5B
Minority Interest	$0
TOTAL EQUITY	$3.5B
TOTAL LIABILITIES & EQUITY	$5.3B
Total Debt	$200M
Net Debt	-$569M