FDS FY 2011 Earnings Report — FactSet Research Systems Inc. Revenue & Financial Results | Market Cap Arena

FactSet Research Systems Inc.FDS

FY 2011 Earnings

Reported October 31, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$727M	—	$641M	—	13.3%
Op. Income	$238M	—	$222M	—	7.5%
Gross Margin	66.3%	—	67.8%	—	-1.5pp
Net Margin	23.5%	—	23.4%	—	0.1pp
EPS (Diluted)	$3.61	—	$3.13	—	15.3%
Free Cash Flow	$178M	—	$190M	—	-6.6%

Revenue Flow

Item	Amount
REVENUE	$727M
Cost of Revenue	$245M
GROSS PROFIT	$482M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$244M
SG&A Expenses	$244M
Other Expenses	$0
Operating Expenses	$244M
Cost & Expenses	$488M
OPERATING INCOME	$238M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$623.0K
INCOME BEFORE TAX	$239M
Income Tax Expense	$68M
Net Income from Continuing Ops	$171M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$171M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$171M
D&A	$37M
EBIT	$238M
EBITDA	$275M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$727M
Cost of Revenue	$245M
GROSS PROFIT	$482M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$244M
SG&A Expenses	$244M
Other Expenses	$0
Operating Expenses	$244M
Cost & Expenses	$488M
OPERATING INCOME	$238M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$623.0K
INCOME BEFORE TAX	$239M
Income Tax Expense	$68M
Net Income from Continuing Ops	$171M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$171M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$171M
D&A	$37M
EBIT	$238M
EBITDA	$275M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$171M
Depreciation & Amortization	$37M
Stock-Based Compensation	$26M
Deferred Income Tax	-$2M
Other Non-Cash Items	-$18M
Change in Working Capital	-$6M
OPERATING CASH FLOW	$207M
Capital Expenditure	-$29M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$29M
Net Debt Issuance	$0
Common Stock Repurchased	-$217M
Common Dividends Paid	-$44M
Other Financing Activities	$61M
NET CASH FROM FINANCING	-$199M
FREE CASH FLOW	$178M
Net Change in Cash	-$14M

Balance Sheet

Item	Amount
Cash & Equivalents	$182M
Short-Term Investments	$0
Net Receivables	$75M
Inventory	$4M
Other Current Assets	$12M
TOTAL CURRENT ASSETS	$273M
PP&E (Net)	$82M
Goodwill	$228M
Intangible Assets	$46M
Long-Term Investments	$0
Tax Assets	$20M
Other Non-Current Assets	$8M
TOTAL NON-CURRENT ASSETS	$384M
TOTAL ASSETS	$657M
Account Payables	$25M
Short-Term Debt	$0
Deferred Revenue	$28M
Other Current Liabilities	$12M
TOTAL CURRENT LIABILITIES	$109M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$4M
Other Non-Current Liabilities	$29M
TOTAL NON-CURRENT LIABILITIES	$33M
TOTAL LIABILITIES	$142M
Common Stock	$614.0K
Additional Paid-In Capital	$433M
Retained Earnings	$912M
Treasury Stock	-$824M
Accum. Other Comp. Income	-$6M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$515M
Minority Interest	$0
TOTAL EQUITY	$515M
TOTAL LIABILITIES & EQUITY	$657M
Total Debt	$0
Net Debt	-$182M