EXP FY 2013 Earnings Report — Eagle Materials Inc. Revenue & Financial Results | Market Cap Arena

Eagle Materials Inc.EXP

FY 2013 Earnings

Reported May 23, 2014

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	$898M	—	$643M	—	39.8%
Op. Income	$161M	—	$79M	—	103.5%
Gross Margin	20.6%	—	16.1%	—	4.6pp
Net Margin	13.8%	—	9.0%	—	4.8pp
EPS (Diluted)	$2.49	—	$1.22	—	104.1%
Free Cash Flow	$111M	—	$71M	—	55.7%

Revenue Flow

Item	Amount
REVENUE	$898M
Cost of Revenue	$713M
GROSS PROFIT	$185M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$25M
SG&A Expenses	$25M
Other Expenses	-$1M
Operating Expenses	$23M
Cost & Expenses	$736M
OPERATING INCOME	$161M
Interest Income	$0
Interest Expense	$18M
Other Income/Expenses	$20M
INCOME BEFORE TAX	$182M
Income Tax Expense	$58M
Net Income from Continuing Ops	$124M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$124M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$124M
D&A	$70M
EBIT	$200M
EBITDA	$270M
EPS	$3
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$898M
Cost of Revenue	$713M
GROSS PROFIT	$185M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$25M
SG&A Expenses	$25M
Other Expenses	-$1M
Operating Expenses	$23M
Cost & Expenses	$736M
OPERATING INCOME	$161M
Interest Income	$0
Interest Expense	$18M
Other Income/Expenses	$20M
INCOME BEFORE TAX	$182M
Income Tax Expense	$58M
Net Income from Continuing Ops	$124M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$124M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$124M
D&A	$70M
EBIT	$200M
EBITDA	$270M
EPS	$3
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$124M
Depreciation & Amortization	$70M
Stock-Based Compensation	$10M
Deferred Income Tax	$6M
Other Non-Cash Items	-$8M
Change in Working Capital	-$31M
OPERATING CASH FLOW	$171M
Capital Expenditure	-$59M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$59M
Net Debt Issuance	-$108M
Common Stock Repurchased	-$3M
Common Dividends Paid	-$20M
Other Financing Activities	$22M
NET CASH FROM FINANCING	-$109M
FREE CASH FLOW	$111M
Net Change in Cash	$3M

Balance Sheet

Item	Amount
Cash & Equivalents	$6M
Short-Term Investments	$0
Net Receivables	$103M
Inventory	$187M
Other Current Assets	$10M
TOTAL CURRENT ASSETS	$307M
PP&E (Net)	$984M
Goodwill	$133M
Intangible Assets	$28M
Long-Term Investments	$43M
Tax Assets	$0
Other Non-Current Assets	$17M
TOTAL NON-CURRENT ASSETS	$1.2B
TOTAL ASSETS	$1.5B
Account Payables	$57M
Short-Term Debt	$10M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$109M
Long-Term Debt	$372M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$146M
Other Non-Current Liabilities	$54M
TOTAL NON-CURRENT LIABILITIES	$571M
TOTAL LIABILITIES	$680M
Common Stock	$501.0K
Additional Paid-In Capital	$254M
Retained Earnings	$583M
Treasury Stock	$0
Accum. Other Comp. Income	-$5M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$831M
Minority Interest	$0
TOTAL EQUITY	$831M
TOTAL LIABILITIES & EQUITY	$1.5B
Total Debt	$381M
Net Debt	$375M