JKHY FY 2006 Earnings Report — Jack Henry & Associates, Inc. Revenue & Financial Results | Market Cap Arena

Jack Henry & Associates, Inc.JKHY

FY 2006 Earnings

Reported September 12, 2006

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2006	Prior Q	FY 2005	QoQ Change	YoY Change
Revenue	$592M	—	—	—	—
Op. Income	$139M	—	—	—	—
Gross Margin	43.3%	—	—	—	—
Net Margin	15.2%	—	—	—	—
EPS (Diluted)	$0.96	—	—	—	—
Free Cash Flow	$124M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$592M
Cost of Revenue	$336M
GROSS PROFIT	$256M
R&D Expenses	$32M
Selling & Marketing	$0
General & Administrative	$85M
SG&A Expenses	$85M
Other Expenses	$0
Operating Expenses	$117M
Cost & Expenses	$453M
OPERATING INCOME	$139M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$711.0K
INCOME BEFORE TAX	$140M
Income Tax Expense	$50M
Net Income from Continuing Ops	$90M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$90M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$90M
D&A	$44M
EBIT	$139M
EBITDA	$183M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$592M
Cost of Revenue	$336M
GROSS PROFIT	$256M
R&D Expenses	$32M
Selling & Marketing	$0
General & Administrative	$85M
SG&A Expenses	$85M
Other Expenses	$0
Operating Expenses	$117M
Cost & Expenses	$453M
OPERATING INCOME	$139M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$711.0K
INCOME BEFORE TAX	$140M
Income Tax Expense	$50M
Net Income from Continuing Ops	$90M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$90M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$90M
D&A	$44M
EBIT	$139M
EBITDA	$183M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$90M
Depreciation & Amortization	$44M
Stock-Based Compensation	$0
Deferred Income Tax	$8M
Other Non-Cash Items	$724.0K
Change in Working Capital	$27M
OPERATING CASH FLOW	$169M
Capital Expenditure	-$45M
Acquisitions (Net)	-$16M
Purchases of Investments	-$5M
Sales/Maturities of Investments	$5M
Other Investing Activities	$257.0K
NET CASH FROM INVESTING	-$77M
Net Debt Issuance	$5M
Common Stock Repurchased	-$42M
Common Dividends Paid	-$18M
Other Financing Activities	$5M
NET CASH FROM FINANCING	-$30M
FREE CASH FLOW	$124M
Net Change in Cash	$74M

Balance Sheet

Item	Amount
Cash & Equivalents	$74M
Short-Term Investments	$2M
Net Receivables	$180M
Inventory	$0
Other Current Assets	$3M
TOTAL CURRENT ASSETS	$306M
PP&E (Net)	$252M
Goodwill	$213M
Intangible Assets	$111M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$24M
TOTAL NON-CURRENT ASSETS	$600M
TOTAL ASSETS	$906M
Account Payables	$15M
Short-Term Debt	$50M
Deferred Revenue	$166M
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$263M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$47M
Other Non-Current Liabilities	$20M
TOTAL NON-CURRENT LIABILITIES	$67M
TOTAL LIABILITIES	$331M
Common Stock	$939.0K
Additional Paid-In Capital	$224M
Retained Earnings	$402M
Treasury Stock	-$52M
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$575M
Minority Interest	$0
TOTAL EQUITY	$575M
TOTAL LIABILITIES & EQUITY	$906M
Total Debt	$50M
Net Debt	-$24M