HCSG FY 2016 Earnings Report — Healthcare Services Group, Inc. Revenue & Financial Results | Market Cap Arena

Healthcare Services Group, Inc.HCSG

FY 2016 Earnings

Reported February 24, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$1.6B	—	$1.4B	—	8.8%
Op. Income	$118M	—	$89M	—	32.2%
Gross Margin	14.3%	—	14.0%	—	0.3pp
Net Margin	5.0%	—	4.0%	—	0.9pp
EPS (Diluted)	$1.05	—	$0.80	—	31.3%
Free Cash Flow	$36M	—	$58M	—	-38.4%

Revenue Flow

Item	Amount
REVENUE	$1.6B
Cost of Revenue	$1.3B
GROSS PROFIT	$223M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$105M
Other Expenses	$0
Operating Expenses	$105M
Cost & Expenses	$1.4B
OPERATING INCOME	$118M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$3M
INCOME BEFORE TAX	$120M
Income Tax Expense	$43M
Net Income from Continuing Ops	$77M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$77M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$77M
D&A	$7M
EBIT	$119M
EBITDA	$125M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.6B
Cost of Revenue	$1.3B
GROSS PROFIT	$223M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$105M
Other Expenses	$0
Operating Expenses	$105M
Cost & Expenses	$1.4B
OPERATING INCOME	$118M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$3M
INCOME BEFORE TAX	$120M
Income Tax Expense	$43M
Net Income from Continuing Ops	$77M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$77M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$77M
D&A	$7M
EBIT	$119M
EBITDA	$125M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$77M
Depreciation & Amortization	$7M
Stock-Based Compensation	$4M
Deferred Income Tax	$20.0K
Other Non-Cash Items	$5M
Change in Working Capital	-$53M
OPERATING CASH FLOW	$41M
Capital Expenditure	-$5M
Acquisitions (Net)	$275.0K
Purchases of Investments	-$29M
Sales/Maturities of Investments	$28M
Other Investing Activities	$275.0K
NET CASH FROM INVESTING	-$6M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$53M
Other Financing Activities	$9M
NET CASH FROM FINANCING	-$44M
FREE CASH FLOW	$36M
Net Change in Cash	-$9M

Balance Sheet

Item	Amount
Cash & Equivalents	$24M
Short-Term Investments	$68M
Net Receivables	$271M
Inventory	$38M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$415M
PP&E (Net)	$13M
Goodwill	$44M
Intangible Assets	$14M
Long-Term Investments	$22M
Tax Assets	$10M
Other Non-Current Assets	$10M
TOTAL NON-CURRENT ASSETS	$114M
TOTAL ASSETS	$528M
Account Payables	$43M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$28M
TOTAL CURRENT LIABILITIES	$101M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$10M
Other Non-Current Liabilities	$89M
TOTAL NON-CURRENT LIABILITIES	$89M
TOTAL LIABILITIES	$190M
Common Stock	$742.0K
Additional Paid-In Capital	$218M
Retained Earnings	$131M
Treasury Stock	-$10M
Accum. Other Comp. Income	-$319.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$339M
Minority Interest	$0
TOTAL EQUITY	$339M
TOTAL LIABILITIES & EQUITY	$528M
Total Debt	$0
Net Debt	-$24M