JJSF FY 2016 Earnings Report — J&J Snack Foods Corp. Revenue & Financial Results | Market Cap Arena

J&J Snack Foods Corp.JJSF

FY 2016 Earnings

Reported November 22, 2016

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	$993M	—	$976M	—	1.7%
Op. Income	$113M	—	$111M	—	1.7%
Gross Margin	30.7%	—	30.8%	—	-0.2pp
Net Margin	7.7%	—	7.2%	—	0.5pp
EPS (Diluted)	$4.05	—	$3.73	—	8.6%
Free Cash Flow	$73M	—	$55M	—	31.4%

Revenue Flow

Item	Amount
REVENUE	$993M
Cost of Revenue	$688M
GROSS PROFIT	$304M
R&D Expenses	$525.0K
Selling & Marketing	$159M
General & Administrative	$33M
SG&A Expenses	$192M
Other Expenses	$0
Operating Expenses	$192M
Cost & Expenses	$880M
OPERATING INCOME	$113M
Interest Income	$0
Interest Expense	$123.0K
Other Income/Expenses	$4M
INCOME BEFORE TAX	$117M
Income Tax Expense	$41M
Net Income from Continuing Ops	$76M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$76M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$76M
D&A	$40M
EBIT	$117M
EBITDA	$152M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$993M
Cost of Revenue	$688M
GROSS PROFIT	$304M
R&D Expenses	$525.0K
Selling & Marketing	$159M
General & Administrative	$33M
SG&A Expenses	$192M
Other Expenses	$0
Operating Expenses	$192M
Cost & Expenses	$880M
OPERATING INCOME	$113M
Interest Income	$0
Interest Expense	$123.0K
Other Income/Expenses	$4M
INCOME BEFORE TAX	$117M
Income Tax Expense	$41M
Net Income from Continuing Ops	$76M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$76M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$76M
D&A	$40M
EBIT	$117M
EBITDA	$152M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$76M
Depreciation & Amortization	$40M
Stock-Based Compensation	$2M
Deferred Income Tax	$8M
Other Non-Cash Items	$1M
Change in Working Capital	-$6M
OPERATING CASH FLOW	$121M
Capital Expenditure	-$49M
Acquisitions (Net)	$2M
Purchases of Investments	-$42M
Sales/Maturities of Investments	$13M
Other Investing Activities	$375.0K
NET CASH FROM INVESTING	-$75M
Net Debt Issuance	-$355.0K
Common Stock Repurchased	-$15M
Common Dividends Paid	-$29M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$38M
FREE CASH FLOW	$73M
Net Change in Cash	$7M

Balance Sheet

Item	Amount
Cash & Equivalents	$141M
Short-Term Investments	$14M
Net Receivables	$98M
Inventory	$89M
Other Current Assets	$14M
TOTAL CURRENT ASSETS	$355M
PP&E (Net)	$184M
Goodwill	$86M
Intangible Assets	$42M
Long-Term Investments	$120M
Tax Assets	$48M
Other Non-Current Assets	-$45M
TOTAL NON-CURRENT ASSETS	$435M
TOTAL ASSETS	$790M
Account Payables	$62M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$16M
TOTAL CURRENT LIABILITIES	$102M
Long-Term Debt	$0
Deferred Revenue NC	$145.0K
Deferred Tax Liabilities	$48M
Other Non-Current Liabilities	$801.0K
TOTAL NON-CURRENT LIABILITIES	$50M
TOTAL LIABILITIES	$153M
Common Stock	$25M
Additional Paid-In Capital	$0
Retained Earnings	$626M
Treasury Stock	$0
Accum. Other Comp. Income	-$13M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$638M
Minority Interest	$0
TOTAL EQUITY	$638M
TOTAL LIABILITIES & EQUITY	$790M
Total Debt	$2M
Net Debt	-$139M