EXP FY 2012 Earnings Report — Eagle Materials Inc. Revenue & Financial Results | Market Cap Arena

Eagle Materials Inc.EXP

FY 2012 Earnings

Reported May 24, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$643M	—	$495M	—	29.8%
Op. Income	$79M	—	$23M	—	245.5%
Gross Margin	16.1%	—	8.2%	—	7.9pp
Net Margin	9.0%	—	3.8%	—	5.2pp
EPS (Diluted)	$1.22	—	$0.42	—	190.5%
Free Cash Flow	$71M	—	$35M	—	105.4%

Revenue Flow

Item	Amount
REVENUE	$643M
Cost of Revenue	$539M
GROSS PROFIT	$103M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$24M
SG&A Expenses	$24M
Other Expenses	$1M
Operating Expenses	$25M
Cost & Expenses	$564M
OPERATING INCOME	$79M
Interest Income	$0
Interest Expense	$16M
Other Income/Expenses	$6M
INCOME BEFORE TAX	$84M
Income Tax Expense	$26M
Net Income from Continuing Ops	$58M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$58M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$58M
D&A	$57M
EBIT	$100M
EBITDA	$157M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$643M
Cost of Revenue	$539M
GROSS PROFIT	$103M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$24M
SG&A Expenses	$24M
Other Expenses	$1M
Operating Expenses	$25M
Cost & Expenses	$564M
OPERATING INCOME	$79M
Interest Income	$0
Interest Expense	$16M
Other Income/Expenses	$6M
INCOME BEFORE TAX	$84M
Income Tax Expense	$26M
Net Income from Continuing Ops	$58M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$58M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$58M
D&A	$57M
EBIT	$100M
EBITDA	$157M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$58M
Depreciation & Amortization	$57M
Stock-Based Compensation	$9M
Deferred Income Tax	$6M
Other Non-Cash Items	-$11M
Change in Working Capital	$5M
OPERATING CASH FLOW	$124M
Capital Expenditure	-$53M
Acquisitions (Net)	-$453M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$453M
NET CASH FROM INVESTING	-$506M
Net Debt Issuance	$222M
Common Stock Repurchased	-$4M
Common Dividends Paid	-$19M
Other Financing Activities	$24M
NET CASH FROM FINANCING	$379M
FREE CASH FLOW	$71M
Net Change in Cash	-$3M

Balance Sheet

Item	Amount
Cash & Equivalents	$4M
Short-Term Investments	$0
Net Receivables	$90M
Inventory	$156M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$261M
PP&E (Net)	$986M
Goodwill	$133M
Intangible Assets	$30M
Long-Term Investments	$43M
Tax Assets	$0
Other Non-Current Assets	$24M
TOTAL NON-CURRENT ASSETS	$1.2B
TOTAL ASSETS	$1.5B
Account Payables	$59M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$100M
Long-Term Debt	$489M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$139M
Other Non-Current Liabilities	$52M
TOTAL NON-CURRENT LIABILITIES	$680M
TOTAL LIABILITIES	$780M
Common Stock	$495.0K
Additional Paid-In Capital	$224M
Retained Earnings	$479M
Treasury Stock	$0
Accum. Other Comp. Income	-$7M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$696M
Minority Interest	$0
TOTAL EQUITY	$696M
TOTAL LIABILITIES & EQUITY	$1.5B
Total Debt	$489M
Net Debt	$485M