GSBC FY 2014 Earnings Report — Great Southern Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

Great Southern Bancorp, Inc.GSBC

FY 2014 Earnings

Reported March 6, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2014	Prior Q	FY 2013	QoQ Change	YoY Change
Revenue	$215M	—	$209M	—	2.8%
Op. Income	$57M	—	$42M	—	36.7%
Gross Margin	90.7%	—	82.5%	—	8.2pp
Net Margin	20.2%	—	16.1%	—	4.1pp
EPS (Diluted)	$3.10	—	$2.42	—	28.1%
Free Cash Flow	$49M	—	$80M	—	-38.1%

Revenue Flow

Item	Amount
REVENUE	$215M
Cost of Revenue	$20M
GROSS PROFIT	$195M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$60M
SG&A Expenses	$62M
Other Expenses	$76M
Operating Expenses	$138M
Cost & Expenses	$158M
OPERATING INCOME	$57M
Interest Income	$183M
Interest Expense	$16M
Other Income/Expenses	$0
INCOME BEFORE TAX	$57M
Income Tax Expense	$14M
Net Income from Continuing Ops	$44M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$44M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$43M
D&A	$12M
EBIT	$57M
EBITDA	$69M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$215M
Cost of Revenue	$20M
GROSS PROFIT	$195M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$60M
SG&A Expenses	$62M
Other Expenses	$76M
Operating Expenses	$138M
Cost & Expenses	$158M
OPERATING INCOME	$57M
Interest Income	$183M
Interest Expense	$16M
Other Income/Expenses	$0
INCOME BEFORE TAX	$57M
Income Tax Expense	$14M
Net Income from Continuing Ops	$44M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$44M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$43M
D&A	$12M
EBIT	$57M
EBITDA	$69M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$44M
Depreciation & Amortization	$12M
Stock-Based Compensation	$565.0K
Deferred Income Tax	-$6M
Other Non-Cash Items	$10M
Change in Working Capital	$8M
OPERATING CASH FLOW	$67M
Capital Expenditure	-$18M
Acquisitions (Net)	$189M
Purchases of Investments	-$41M
Sales/Maturities of Investments	$324M
Other Investing Activities	-$419M
NET CASH FROM INVESTING	$36M
Net Debt Issuance	$222M
Common Stock Repurchased	-$512.0K
Common Dividends Paid	-$11M
Other Financing Activities	-$323M
NET CASH FROM FINANCING	-$113M
FREE CASH FLOW	$49M
Net Change in Cash	-$9M

Balance Sheet

Item	Amount
Cash & Equivalents	$219M
Short-Term Investments	$366M
Net Receivables	$13M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$658M
PP&E (Net)	$125M
Goodwill	$1M
Intangible Assets	$6M
Long-Term Investments	$3.1B
Tax Assets	$0
Other Non-Current Assets	$107M
TOTAL NON-CURRENT ASSETS	$3.3B
TOTAL ASSETS	$4.0B
Account Payables	$1M
Short-Term Debt	$211M
Deferred Revenue	$0
Other Current Liabilities	$3.0B
TOTAL CURRENT LIABILITIES	$3.2B
Long-Term Debt	$303M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$5M
TOTAL NON-CURRENT LIABILITIES	$307M
TOTAL LIABILITIES	$3.5B
Common Stock	$138.0K
Additional Paid-In Capital	$22M
Retained Earnings	$332M
Treasury Stock	$0
Accum. Other Comp. Income	$7M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$420M
Minority Interest	$0
TOTAL EQUITY	$420M
TOTAL LIABILITIES & EQUITY	$4.0B
Total Debt	$514M
Net Debt	$295M