HCSG FY 2015 Earnings Report — Healthcare Services Group, Inc. Revenue & Financial Results | Market Cap Arena

Healthcare Services Group, Inc.HCSG

FY 2015 Earnings

Reported February 19, 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	$1.4B	—	$1.3B	—	11.1%
Op. Income	$89M	—	$30M	—	196.1%
Gross Margin	14.0%	—	10.7%	—	3.3pp
Net Margin	4.0%	—	1.7%	—	2.3pp
EPS (Diluted)	$0.80	—	$0.31	—	158.1%
Free Cash Flow	$58M	—	$52M	—	12.4%

Revenue Flow

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$1.2B
GROSS PROFIT	$201M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$112M
Other Expenses	-$62.0K
Operating Expenses	$112M
Cost & Expenses	$1.3B
OPERATING INCOME	$89M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$712.0K
INCOME BEFORE TAX	$90M
Income Tax Expense	$32M
Net Income from Continuing Ops	$58M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$58M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$58M
D&A	$8M
EBIT	$89M
EBITDA	$97M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$1.2B
GROSS PROFIT	$201M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$112M
Other Expenses	-$62.0K
Operating Expenses	$112M
Cost & Expenses	$1.3B
OPERATING INCOME	$89M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$712.0K
INCOME BEFORE TAX	$90M
Income Tax Expense	$32M
Net Income from Continuing Ops	$58M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$58M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$58M
D&A	$8M
EBIT	$89M
EBITDA	$97M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$58M
Depreciation & Amortization	$8M
Stock-Based Compensation	$4M
Deferred Income Tax	$16M
Other Non-Cash Items	$5M
Change in Working Capital	-$27M
OPERATING CASH FLOW	$63M
Capital Expenditure	-$5M
Acquisitions (Net)	$267.0K
Purchases of Investments	-$75M
Sales/Maturities of Investments	$18M
Other Investing Activities	$267.0K
NET CASH FROM INVESTING	-$62M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$51M
Other Financing Activities	$8M
NET CASH FROM FINANCING	-$43M
FREE CASH FLOW	$58M
Net Change in Cash	-$42M

Balance Sheet

Item	Amount
Cash & Equivalents	$33M
Short-Term Investments	$69M
Net Receivables	$215M
Inventory	$36M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$366M
PP&E (Net)	$13M
Goodwill	$44M
Intangible Assets	$17M
Long-Term Investments	$16M
Tax Assets	$12M
Other Non-Current Assets	$12M
TOTAL NON-CURRENT ASSETS	$115M
TOTAL ASSETS	$481M
Account Payables	$41M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$33M
TOTAL CURRENT LIABILITIES	$96M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$12.0B
Other Non-Current Liabilities	$88M
TOTAL NON-CURRENT LIABILITIES	$88M
TOTAL LIABILITIES	$184M
Common Stock	$738.0K
Additional Paid-In Capital	$199M
Retained Earnings	$107M
Treasury Stock	-$11M
Accum. Other Comp. Income	$543.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$296M
Minority Interest	$0
TOTAL EQUITY	$296M
TOTAL LIABILITIES & EQUITY	$481M
Total Debt	$0
Net Debt	-$33M