JJSF FY 2018 Earnings Report — J&J Snack Foods Corp. Revenue & Financial Results | Market Cap Arena

J&J Snack Foods Corp.JJSF

FY 2018 Earnings

Reported November 28, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$1.1B	—	$1.1B	—	5.0%
Op. Income	$111M	—	$118M	—	-6.2%
Gross Margin	29.5%	—	30.5%	—	-1.0pp
Net Margin	9.1%	—	7.3%	—	1.8pp
EPS (Diluted)	$5.51	—	$4.21	—	30.9%
Free Cash Flow	$63M	—	$53M	—	19.1%

Revenue Flow

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$802M
GROSS PROFIT	$336M
R&D Expenses	$623.0K
Selling & Marketing	$188M
General & Administrative	$38M
SG&A Expenses	$226M
Other Expenses	$0
Operating Expenses	$226M
Cost & Expenses	$1.0B
OPERATING INCOME	$111M
Interest Income	$1M
Interest Expense	$0
Other Income/Expenses	$7M
INCOME BEFORE TAX	$118M
Income Tax Expense	$15M
Net Income from Continuing Ops	$104M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$104M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$104M
D&A	$46M
EBIT	$111M
EBITDA	$157M
EPS	$6
EPS Diluted	$6

Income Statement

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$802M
GROSS PROFIT	$336M
R&D Expenses	$623.0K
Selling & Marketing	$188M
General & Administrative	$38M
SG&A Expenses	$226M
Other Expenses	$0
Operating Expenses	$226M
Cost & Expenses	$1.0B
OPERATING INCOME	$111M
Interest Income	$1M
Interest Expense	$0
Other Income/Expenses	$7M
INCOME BEFORE TAX	$118M
Income Tax Expense	$15M
Net Income from Continuing Ops	$104M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$104M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$104M
D&A	$46M
EBIT	$111M
EBITDA	$157M
EPS	$6
EPS Diluted	$6

Cash Flow Statement

Item	Amount
Net Income	$104M
Depreciation & Amortization	$46M
Stock-Based Compensation	$4M
Deferred Income Tax	-$10M
Other Non-Cash Items	$240.0K
Change in Working Capital	-$20M
OPERATING CASH FLOW	$123M
Capital Expenditure	-$60M
Acquisitions (Net)	$3M
Purchases of Investments	-$91M
Sales/Maturities of Investments	$75M
Other Investing Activities	$54.0K
NET CASH FROM INVESTING	-$73M
Net Debt Issuance	-$370.0K
Common Stock Repurchased	-$3M
Common Dividends Paid	-$33M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$27M
FREE CASH FLOW	$63M
Net Change in Cash	$21M

Balance Sheet

Item	Amount
Cash & Equivalents	$111M
Short-Term Investments	$21M
Net Receivables	$132M
Inventory	$113M
Other Current Assets	$5M
TOTAL CURRENT ASSETS	$383M
PP&E (Net)	$243M
Goodwill	$103M
Intangible Assets	$58M
Long-Term Investments	$144M
Tax Assets	$52M
Other Non-Current Assets	-$50M
TOTAL NON-CURRENT ASSETS	$549M
TOTAL ASSETS	$932M
Account Payables	$70M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$20M
TOTAL CURRENT LIABILITIES	$118M
Long-Term Debt	$0
Deferred Revenue NC	$159.0K
Deferred Tax Liabilities	$52M
Other Non-Current Liabilities	$54M
TOTAL NON-CURRENT LIABILITIES	$55M
TOTAL LIABILITIES	$173M
Common Stock	$27M
Additional Paid-In Capital	$0
Retained Earnings	$744M
Treasury Stock	$0
Accum. Other Comp. Income	-$12M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$759M
Minority Interest	$0
TOTAL EQUITY	$759M
TOTAL LIABILITIES & EQUITY	$932M
Total Debt	$1M
Net Debt	-$110M