EXP Q2 2016 Earnings Report — Eagle Materials Inc. Revenue & Financial Results | Market Cap Arena

Eagle Materials Inc.EXP

Q2 2016 Earnings

Reported October 24, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2016	Q1 2016	Q2 2015	QoQ Change	YoY Change
Revenue	$333M	$298M	—	11.8%	—
Op. Income	$82M	$63M	—	30.4%	—
Gross Margin	27.4%	24.2%	—	3.2pp	—
Net Margin	18.1%	15.2%	—	2.9pp	—
EPS (Diluted)	$1.25	$0.93	—	34.4%	—
Free Cash Flow	$97M	$45M	—	114.6%	—

Revenue Flow

Item	Amount
REVENUE	$333M
Cost of Revenue	$241M
GROSS PROFIT	$91M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$9M
SG&A Expenses	$9M
Other Expenses	-$504.0K
Operating Expenses	$8M
Cost & Expenses	$250M
OPERATING INCOME	$82M
Interest Income	$4.0K
Interest Expense	$6M
Other Income/Expenses	$7M
INCOME BEFORE TAX	$89M
Income Tax Expense	$29M
Net Income from Continuing Ops	$60M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$60M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$60M
D&A	$22M
EBIT	$95M
EBITDA	$117M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$333M
Cost of Revenue	$241M
GROSS PROFIT	$91M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$9M
SG&A Expenses	$9M
Other Expenses	-$504.0K
Operating Expenses	$8M
Cost & Expenses	$250M
OPERATING INCOME	$82M
Interest Income	$4.0K
Interest Expense	$6M
Other Income/Expenses	$7M
INCOME BEFORE TAX	$89M
Income Tax Expense	$29M
Net Income from Continuing Ops	$60M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$60M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$60M
D&A	$22M
EBIT	$95M
EBITDA	$117M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$60M
Depreciation & Amortization	$22M
Stock-Based Compensation	$4M
Deferred Income Tax	$303.0K
Other Non-Cash Items	$7M
Change in Working Capital	$12M
OPERATING CASH FLOW	$106M
Capital Expenditure	-$9M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$9M
Net Debt Issuance	-$30M
Common Stock Repurchased	-$22M
Common Dividends Paid	-$5M
Other Financing Activities	$5M
NET CASH FROM FINANCING	-$51M
FREE CASH FLOW	$97M
Net Change in Cash	$45M

Balance Sheet

Item	Amount
Cash & Equivalents	$55M
Short-Term Investments	$0
Net Receivables	$156M
Inventory	$218M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$435M
PP&E (Net)	$1.2B
Goodwill	$0
Intangible Assets	$29M
Long-Term Investments	$48M
Tax Assets	$0
Other Non-Current Assets	$28M
TOTAL NON-CURRENT ASSETS	$1.5B
TOTAL ASSETS	$1.9B
Account Payables	$62M
Short-Term Debt	$8M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$124M
Long-Term Debt	$461M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$164M
Other Non-Current Liabilities	$60M
TOTAL NON-CURRENT LIABILITIES	$685M
TOTAL LIABILITIES	$809M
Common Stock	$482.0K
Additional Paid-In Capital	$131M
Retained Earnings	$978M
Treasury Stock	$0
Accum. Other Comp. Income	-$11M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.1B
Minority Interest	$0
TOTAL EQUITY	$1.1B
TOTAL LIABILITIES & EQUITY	$1.9B
Total Debt	$469M
Net Debt	$415M