HAS FY 2012 Earnings Report — Hasbro, Inc. Revenue & Financial Results | Market Cap Arena

Hasbro, Inc.HAS

FY 2012 Earnings

Reported February 27, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$4.1B	—	$4.3B	—	-4.6%
Op. Income	$552M	—	$594M	—	-7.1%
Gross Margin	51.7%	—	49.2%	—	2.5pp
Net Margin	8.2%	—	9.0%	—	-0.8pp
EPS (Diluted)	$2.55	—	$2.82	—	-9.6%
Free Cash Flow	$423M	—	$297M	—	42.5%

Revenue Flow

Item	Amount
REVENUE	$4.1B
Cost of Revenue	$2.0B
GROSS PROFIT	$2.1B
R&D Expenses	$201M
Selling & Marketing	$422M
General & Administrative	$847M
SG&A Expenses	$1.3B
Other Expenses	$92M
Operating Expenses	$1.6B
Cost & Expenses	$3.5B
OPERATING INCOME	$552M
Interest Income	$6M
Interest Expense	$91M
Other Income/Expenses	-$98M
INCOME BEFORE TAX	$453M
Income Tax Expense	$117M
Net Income from Continuing Ops	$336M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$336M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$336M
D&A	$192M
EBIT	$545M
EBITDA	$737M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$4.1B
Cost of Revenue	$2.0B
GROSS PROFIT	$2.1B
R&D Expenses	$201M
Selling & Marketing	$422M
General & Administrative	$847M
SG&A Expenses	$1.3B
Other Expenses	$92M
Operating Expenses	$1.6B
Cost & Expenses	$3.5B
OPERATING INCOME	$552M
Interest Income	$6M
Interest Expense	$91M
Other Income/Expenses	-$98M
INCOME BEFORE TAX	$453M
Income Tax Expense	$117M
Net Income from Continuing Ops	$336M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$336M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$336M
D&A	$192M
EBIT	$545M
EBITDA	$737M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$336M
Depreciation & Amortization	$192M
Stock-Based Compensation	$0
Deferred Income Tax	-$16M
Other Non-Cash Items	$19M
Change in Working Capital	$3M
OPERATING CASH FLOW	$535M
Capital Expenditure	-$112M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$6M
NET CASH FROM INVESTING	-$106M
Net Debt Issuance	$43M
Common Stock Repurchased	-$98M
Common Dividends Paid	-$225M
Other Financing Activities	$6M
NET CASH FROM FINANCING	-$219M
FREE CASH FLOW	$423M
Net Change in Cash	$208M

Balance Sheet

Item	Amount
Cash & Equivalents	$850M
Short-Term Investments	$0
Net Receivables	$1.0B
Inventory	$316M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$2.5B
PP&E (Net)	$230M
Goodwill	$475M
Intangible Assets	$417M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$695M
TOTAL NON-CURRENT ASSETS	$1.8B
TOTAL ASSETS	$4.3B
Account Payables	$140M
Short-Term Debt	$224M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$960M
Long-Term Debt	$1.4B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$461M
TOTAL NON-CURRENT LIABILITIES	$1.9B
TOTAL LIABILITIES	$2.8B
Common Stock	$105M
Additional Paid-In Capital	$656M
Retained Earnings	$3.4B
Treasury Stock	-$2.5B
Accum. Other Comp. Income	-$72M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.5B
Minority Interest	$0
TOTAL EQUITY	$1.5B
TOTAL LIABILITIES & EQUITY	$4.3B
Total Debt	$1.6B
Net Debt	$771M