HAS FY 2015 Earnings Report — Hasbro, Inc. Revenue & Financial Results | Market Cap Arena

Hasbro, Inc.HAS

FY 2015 Earnings

Reported February 24, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$4.4B	—	$4.3B	—	4.0%
Op. Income	$692M	—	$635M	—	8.9%
Gross Margin	53.8%	—	53.2%	—	0.6pp
Net Margin	10.2%	—	9.7%	—	0.4pp
EPS (Diluted)	$3.57	—	$3.20	—	11.6%
Free Cash Flow	$410M	—	$341M	—	20.4%

Revenue Flow

Item	Amount
REVENUE	$4.4B
Cost of Revenue	$2.1B
GROSS PROFIT	$2.4B
R&D Expenses	$243M
Selling & Marketing	$409M
General & Administrative	$961M
SG&A Expenses	$1.4B
Other Expenses	$86M
Operating Expenses	$1.7B
Cost & Expenses	$3.8B
OPERATING INCOME	$692M
Interest Income	$3M
Interest Expense	$97M
Other Income/Expenses	-$88M
INCOME BEFORE TAX	$604M
Income Tax Expense	$157M
Net Income from Continuing Ops	$447M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$452M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$452M
D&A	$198M
EBIT	$701M
EBITDA	$899M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$4.4B
Cost of Revenue	$2.1B
GROSS PROFIT	$2.4B
R&D Expenses	$243M
Selling & Marketing	$409M
General & Administrative	$961M
SG&A Expenses	$1.4B
Other Expenses	$86M
Operating Expenses	$1.7B
Cost & Expenses	$3.8B
OPERATING INCOME	$692M
Interest Income	$3M
Interest Expense	$97M
Other Income/Expenses	-$88M
INCOME BEFORE TAX	$604M
Income Tax Expense	$157M
Net Income from Continuing Ops	$447M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$452M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$452M
D&A	$198M
EBIT	$701M
EBITDA	$899M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$452M
Depreciation & Amortization	$198M
Stock-Based Compensation	$0
Deferred Income Tax	-$19M
Other Non-Cash Items	$49M
Change in Working Capital	-$127M
OPERATING CASH FLOW	$552M
Capital Expenditure	-$142M
Acquisitions (Net)	$19M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$20M
NET CASH FROM INVESTING	-$104M
Net Debt Issuance	-$87M
Common Stock Repurchased	-$87M
Common Dividends Paid	-$226M
Other Financing Activities	$11M
NET CASH FROM FINANCING	-$346M
FREE CASH FLOW	$410M
Net Change in Cash	$84M

Balance Sheet

Item	Amount
Cash & Equivalents	$977M
Short-Term Investments	$0
Net Receivables	$1.2B
Inventory	$384M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$2.9B
PP&E (Net)	$238M
Goodwill	$593M
Intangible Assets	$281M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$744M
TOTAL NON-CURRENT ASSETS	$1.9B
TOTAL ASSETS	$4.7B
Account Payables	$241M
Short-Term Debt	$165M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$1.1B
Long-Term Debt	$1.5B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$405M
TOTAL NON-CURRENT LIABILITIES	$2.0B
TOTAL LIABILITIES	$3.0B
Common Stock	$105M
Additional Paid-In Capital	$894M
Retained Earnings	$3.9B
Treasury Stock	-$3.0B
Accum. Other Comp. Income	-$146M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.7B
Minority Interest	$40M
TOTAL EQUITY	$1.7B
TOTAL LIABILITIES & EQUITY	$4.7B
Total Debt	$1.7B
Net Debt	$735M