GSBC FY 2013 Earnings Report — Great Southern Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

Great Southern Bancorp, Inc.GSBC

FY 2013 Earnings

Reported March 10, 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	$209M	—	$227M	—	-7.7%
Op. Income	$42M	—	$59M	—	-28.6%
Gross Margin	82.5%	—	68.2%	—	14.4pp
Net Margin	16.1%	—	21.5%	—	-5.4pp
EPS (Diluted)	$2.42	—	$3.54	—	-31.6%
Free Cash Flow	$80M	—	$119M	—	-32.9%

Revenue Flow

Item	Amount
REVENUE	$209M
Cost of Revenue	$37M
GROSS PROFIT	$173M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$57M
SG&A Expenses	$59M
Other Expenses	$72M
Operating Expenses	$131M
Cost & Expenses	$167M
OPERATING INCOME	$42M
Interest Income	$179M
Interest Expense	$19M
Other Income/Expenses	$0
INCOME BEFORE TAX	$42M
Income Tax Expense	$8M
Net Income from Continuing Ops	$34M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$34M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$33M
D&A	$16M
EBIT	$42M
EBITDA	$58M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$209M
Cost of Revenue	$37M
GROSS PROFIT	$173M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$57M
SG&A Expenses	$59M
Other Expenses	$72M
Operating Expenses	$131M
Cost & Expenses	$167M
OPERATING INCOME	$42M
Interest Income	$179M
Interest Expense	$19M
Other Income/Expenses	$0
INCOME BEFORE TAX	$42M
Income Tax Expense	$8M
Net Income from Continuing Ops	$34M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$34M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$33M
D&A	$16M
EBIT	$42M
EBITDA	$58M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$34M
Depreciation & Amortization	$16M
Stock-Based Compensation	$443.0K
Deferred Income Tax	-$9M
Other Non-Cash Items	$59M
Change in Working Capital	-$7M
OPERATING CASH FLOW	$94M
Capital Expenditure	-$14M
Acquisitions (Net)	-$113M
Purchases of Investments	-$97M
Sales/Maturities of Investments	$319M
Other Investing Activities	$29M
NET CASH FROM INVESTING	$125M
Net Debt Issuance	-$43M
Common Stock Repurchased	$0
Common Dividends Paid	-$8M
Other Financing Activities	-$345M
NET CASH FROM FINANCING	-$395M
FREE CASH FLOW	$80M
Net Change in Cash	-$176M

Balance Sheet

Item	Amount
Cash & Equivalents	$228M
Short-Term Investments	$555M
Net Receivables	$11M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$868M
PP&E (Net)	$105M
Goodwill	$379.0K
Intangible Assets	$4M
Long-Term Investments	$2.4B
Tax Assets	$0
Other Non-Current Assets	$136M
TOTAL NON-CURRENT ASSETS	$2.7B
TOTAL ASSETS	$3.6B
Account Payables	$1M
Short-Term Debt	$186M
Deferred Revenue	$0
Other Current Liabilities	$2.8B
TOTAL CURRENT LIABILITIES	$3.0B
Long-Term Debt	$158M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$4M
TOTAL NON-CURRENT LIABILITIES	$161M
TOTAL LIABILITIES	$3.2B
Common Stock	$137.0K
Additional Paid-In Capital	$20M
Retained Earnings	$301M
Treasury Stock	$0
Accum. Other Comp. Income	$2M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$381M
Minority Interest	$0
TOTAL EQUITY	$381M
TOTAL LIABILITIES & EQUITY	$3.6B
Total Debt	$344M
Net Debt	$116M