JJSF FY 2015 Earnings Report — J&J Snack Foods Corp. Revenue & Financial Results | Market Cap Arena

J&J Snack Foods Corp.JJSF

FY 2015 Earnings

Reported November 23, 2015

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	$976M	—	$919M	—	6.2%
Op. Income	$111M	—	$107M	—	3.8%
Gross Margin	30.8%	—	31.3%	—	-0.5pp
Net Margin	7.2%	—	7.8%	—	-0.6pp
EPS (Diluted)	$3.73	—	$3.82	—	-2.4%
Free Cash Flow	$55M	—	$68M	—	-18.5%

Revenue Flow

Item	Amount
REVENUE	$976M
Cost of Revenue	$675M
GROSS PROFIT	$301M
R&D Expenses	$506.0K
Selling & Marketing	$159M
General & Administrative	$31M
SG&A Expenses	$190M
Other Expenses	$0
Operating Expenses	$190M
Cost & Expenses	$865M
OPERATING INCOME	$111M
Interest Income	$0
Interest Expense	$126.0K
Other Income/Expenses	$1M
INCOME BEFORE TAX	$112M
Income Tax Expense	$42M
Net Income from Continuing Ops	$70M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$70M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$70M
D&A	$38M
EBIT	$111M
EBITDA	$150M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$976M
Cost of Revenue	$675M
GROSS PROFIT	$301M
R&D Expenses	$506.0K
Selling & Marketing	$159M
General & Administrative	$31M
SG&A Expenses	$190M
Other Expenses	$0
Operating Expenses	$190M
Cost & Expenses	$865M
OPERATING INCOME	$111M
Interest Income	$0
Interest Expense	$126.0K
Other Income/Expenses	$1M
INCOME BEFORE TAX	$112M
Income Tax Expense	$42M
Net Income from Continuing Ops	$70M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$70M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$70M
D&A	$38M
EBIT	$111M
EBITDA	$150M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$70M
Depreciation & Amortization	$38M
Stock-Based Compensation	$2M
Deferred Income Tax	-$121.0K
Other Non-Cash Items	$4M
Change in Working Capital	-$9M
OPERATING CASH FLOW	$105M
Capital Expenditure	-$50M
Acquisitions (Net)	-$615.0K
Purchases of Investments	-$90M
Sales/Maturities of Investments	$110M
Other Investing Activities	$888.0K
NET CASH FROM INVESTING	-$30M
Net Debt Issuance	-$243.0K
Common Stock Repurchased	-$8M
Common Dividends Paid	-$26M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$30M
FREE CASH FLOW	$55M
Net Change in Cash	$42M

Balance Sheet

Item	Amount
Cash & Equivalents	$134M
Short-Term Investments	$0
Net Receivables	$103M
Inventory	$81M
Other Current Assets	$2M
TOTAL CURRENT ASSETS	$327M
PP&E (Net)	$174M
Goodwill	$86M
Intangible Assets	$46M
Long-Term Investments	$106M
Tax Assets	$0
Other Non-Current Assets	$4M
TOTAL NON-CURRENT ASSETS	$416M
TOTAL ASSETS	$743M
Account Payables	$59M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$15M
TOTAL CURRENT LIABILITIES	$97M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$44M
Other Non-Current Liabilities	$45M
TOTAL NON-CURRENT LIABILITIES	$46M
TOTAL LIABILITIES	$143M
Common Stock	$32M
Additional Paid-In Capital	$0
Retained Earnings	$579M
Treasury Stock	$0
Accum. Other Comp. Income	-$11M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$600M
Minority Interest	$0
TOTAL EQUITY	$600M
TOTAL LIABILITIES & EQUITY	$743M
Total Debt	$1M
Net Debt	-$132M