FDS FY 2009 Earnings Report — FactSet Research Systems Inc. Revenue & Financial Results | Market Cap Arena

FactSet Research Systems Inc.FDS

FY 2009 Earnings

Reported October 30, 2009

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2009	Prior Q	FY 2008	QoQ Change	YoY Change
Revenue	$622M	—	$576M	—	8.1%
Op. Income	$211M	—	$184M	—	14.8%
Gross Margin	66.3%	—	66.8%	—	-0.4pp
Net Margin	23.3%	—	21.7%	—	1.6pp
EPS (Diluted)	$2.97	—	$2.50	—	18.8%
Free Cash Flow	$184M	—	$107M	—	71.2%

Revenue Flow

Item	Amount
REVENUE	$622M
Cost of Revenue	$209M
GROSS PROFIT	$413M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$202M
SG&A Expenses	$202M
Other Expenses	$0
Operating Expenses	$202M
Cost & Expenses	$411M
OPERATING INCOME	$211M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$1M
INCOME BEFORE TAX	$212M
Income Tax Expense	$67M
Net Income from Continuing Ops	$145M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$145M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$145M
D&A	$34M
EBIT	$211M
EBITDA	$245M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$622M
Cost of Revenue	$209M
GROSS PROFIT	$413M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$202M
SG&A Expenses	$202M
Other Expenses	$0
Operating Expenses	$202M
Cost & Expenses	$411M
OPERATING INCOME	$211M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$1M
INCOME BEFORE TAX	$212M
Income Tax Expense	$67M
Net Income from Continuing Ops	$145M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$145M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$145M
D&A	$34M
EBIT	$211M
EBITDA	$245M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$145M
Depreciation & Amortization	$34M
Stock-Based Compensation	$14M
Deferred Income Tax	-$4M
Other Non-Cash Items	-$4M
Change in Working Capital	$24M
OPERATING CASH FLOW	$208M
Capital Expenditure	-$24M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$25M
Other Investing Activities	$0
NET CASH FROM INVESTING	$1M
Net Debt Issuance	$0
Common Stock Repurchased	-$104M
Common Dividends Paid	-$35M
Other Financing Activities	$28M
NET CASH FROM FINANCING	-$110M
FREE CASH FLOW	$184M
Net Change in Cash	$98M

Balance Sheet

Item	Amount
Cash & Equivalents	$216M
Short-Term Investments	$0
Net Receivables	$63M
Inventory	$14M
Other Current Assets	-$2M
TOTAL CURRENT ASSETS	$299M
PP&E (Net)	$88M
Goodwill	$181M
Intangible Assets	$46M
Long-Term Investments	$0
Tax Assets	$12M
Other Non-Current Assets	$5M
TOTAL NON-CURRENT ASSETS	$334M
TOTAL ASSETS	$633M
Account Payables	$25M
Short-Term Debt	$0
Deferred Revenue	$23M
Other Current Liabilities	$9M
TOTAL CURRENT LIABILITIES	$99M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$4M
Other Non-Current Liabilities	$29M
TOTAL NON-CURRENT LIABILITIES	$33M
TOTAL LIABILITIES	$132M
Common Stock	$581.0K
Additional Paid-In Capital	$249M
Retained Earnings	$677M
Treasury Stock	-$415M
Accum. Other Comp. Income	-$10M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$501M
Minority Interest	$0
TOTAL EQUITY	$501M
TOTAL LIABILITIES & EQUITY	$633M
Total Debt	$0
Net Debt	-$216M