FDS FY 2013 Earnings Report — FactSet Research Systems Inc. Revenue & Financial Results | Market Cap Arena

FactSet Research Systems Inc.FDS

FY 2013 Earnings

Reported October 30, 2013

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	$858M	—	$806M	—	6.5%
Op. Income	$288M	—	$273M	—	5.4%
Gross Margin	64.3%	—	65.8%	—	-1.5pp
Net Margin	23.1%	—	23.4%	—	-0.3pp
EPS (Diluted)	$4.45	—	$4.12	—	8.0%
Free Cash Flow	$251M	—	$209M	—	20.0%

Revenue Flow

Item	Amount
REVENUE	$858M
Cost of Revenue	$306M
GROSS PROFIT	$552M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$282M
SG&A Expenses	$282M
Other Expenses	$0
Operating Expenses	$282M
Cost & Expenses	$589M
OPERATING INCOME	$288M
Interest Income	$1M
Interest Expense	$0
Other Income/Expenses	$1M
INCOME BEFORE TAX	$271M
Income Tax Expense	$72M
Net Income from Continuing Ops	$199M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$199M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$199M
D&A	$36M
EBIT	$269M
EBITDA	$305M
EPS	$5
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$858M
Cost of Revenue	$306M
GROSS PROFIT	$552M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$282M
SG&A Expenses	$282M
Other Expenses	$0
Operating Expenses	$282M
Cost & Expenses	$589M
OPERATING INCOME	$288M
Interest Income	$1M
Interest Expense	$0
Other Income/Expenses	$1M
INCOME BEFORE TAX	$271M
Income Tax Expense	$72M
Net Income from Continuing Ops	$199M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$199M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$199M
D&A	$36M
EBIT	$269M
EBITDA	$305M
EPS	$5
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$199M
Depreciation & Amortization	$36M
Stock-Based Compensation	$40M
Deferred Income Tax	$3M
Other Non-Cash Items	-$25M
Change in Working Capital	$18M
OPERATING CASH FLOW	$270M
Capital Expenditure	-$19M
Acquisitions (Net)	-$705.0K
Purchases of Investments	-$16M
Sales/Maturities of Investments	$14M
Other Investing Activities	$0
NET CASH FROM INVESTING	-$20M
Net Debt Issuance	$0
Common Stock Repurchased	-$332M
Common Dividends Paid	-$56M
Other Financing Activities	$150M
NET CASH FROM FINANCING	-$238M
FREE CASH FLOW	$251M
Net Change in Cash	$8M

Balance Sheet

Item	Amount
Cash & Equivalents	$197M
Short-Term Investments	$13M
Net Receivables	$73M
Inventory	$0
Other Current Assets	$18M
TOTAL CURRENT ASSETS	$318M
PP&E (Net)	$65M
Goodwill	$245M
Intangible Assets	$36M
Long-Term Investments	$0
Tax Assets	$22M
Other Non-Current Assets	$4M
TOTAL NON-CURRENT ASSETS	$372M
TOTAL ASSETS	$690M
Account Payables	$30M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$69M
TOTAL CURRENT LIABILITIES	$118M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$2M
Other Non-Current Liabilities	$28M
TOTAL NON-CURRENT LIABILITIES	$30M
TOTAL LIABILITIES	$148M
Common Stock	$481.0K
Additional Paid-In Capital	$327M
Retained Earnings	$701M
Treasury Stock	-$455M
Accum. Other Comp. Income	-$31M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$542M
Minority Interest	$0
TOTAL EQUITY	$542M
TOTAL LIABILITIES & EQUITY	$690M
Total Debt	$0
Net Debt	-$197M