JKHY FY 2016 Earnings Report — Jack Henry & Associates, Inc. Revenue & Financial Results | Market Cap Arena

Jack Henry & Associates, Inc.JKHY

FY 2016 Earnings

Reported August 29, 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	$1.4B	—	$1.3B	—	7.8%
Op. Income	$362M	—	$318M	—	13.8%
Gross Margin	42.9%	—	42.7%	—	0.2pp
Net Margin	18.4%	—	16.8%	—	1.6pp
EPS (Diluted)	$3.12	—	$2.59	—	20.5%
Free Cash Flow	$309M	—	$319M	—	-3.3%

Revenue Flow

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$774M
GROSS PROFIT	$581M
R&D Expenses	$81M
Selling & Marketing	$90M
General & Administrative	$68M
SG&A Expenses	$158M
Other Expenses	$0
Operating Expenses	$239M
Cost & Expenses	$1.0B
OPERATING INCOME	$362M
Interest Income	$307.0K
Interest Expense	$1M
Other Income/Expenses	-$1M
INCOME BEFORE TAX	$361M
Income Tax Expense	$112M
Net Income from Continuing Ops	$249M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$249M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$249M
D&A	$130M
EBIT	$362M
EBITDA	$492M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$774M
GROSS PROFIT	$581M
R&D Expenses	$81M
Selling & Marketing	$90M
General & Administrative	$68M
SG&A Expenses	$158M
Other Expenses	$0
Operating Expenses	$239M
Cost & Expenses	$1.0B
OPERATING INCOME	$362M
Interest Income	$307.0K
Interest Expense	$1M
Other Income/Expenses	-$1M
INCOME BEFORE TAX	$361M
Income Tax Expense	$112M
Net Income from Continuing Ops	$249M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$249M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$249M
D&A	$130M
EBIT	$362M
EBITDA	$492M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$249M
Depreciation & Amortization	$130M
Stock-Based Compensation	$11M
Deferred Income Tax	$38M
Other Non-Cash Items	-$18M
Change in Working Capital	-$43M
OPERATING CASH FLOW	$365M
Capital Expenditure	-$56M
Acquisitions (Net)	$29M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$136M
Net Debt Issuance	-$53M
Common Stock Repurchased	-$176M
Common Dividends Paid	-$84M
Other Financing Activities	-$1M
NET CASH FROM FINANCING	-$307M
FREE CASH FLOW	$309M
Net Change in Cash	-$78M

Balance Sheet

Item	Amount
Cash & Equivalents	$70M
Short-Term Investments	$0
Net Receivables	$254M
Inventory	$0
Other Current Assets	$51M
TOTAL CURRENT ASSETS	$324M
PP&E (Net)	$299M
Goodwill	$553M
Intangible Assets	$362M
Long-Term Investments	$118M
Tax Assets	$89M
Other Non-Current Assets	$189M
TOTAL NON-CURRENT ASSETS	$1.5B
TOTAL ASSETS	$1.8B
Account Payables	$15M
Short-Term Debt	$200.0K
Deferred Revenue	$521M
Other Current Liabilities	$902.0K
TOTAL CURRENT LIABILITIES	$621M
Long-Term Debt	$0
Deferred Revenue NC	$178M
Deferred Tax Liabilities	$189M
Other Non-Current Liabilities	$198M
TOTAL NON-CURRENT LIABILITIES	$198M
TOTAL LIABILITIES	$819M
Common Stock	$1M
Additional Paid-In Capital	$440M
Retained Earnings	$1.4B
Treasury Stock	-$876M
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$996M
Minority Interest	$0
TOTAL EQUITY	$996M
TOTAL LIABILITIES & EQUITY	$1.8B
Total Debt	$200.0K
Net Debt	-$70M