JKHY FY 2017 Earnings Report — Jack Henry & Associates, Inc. Revenue & Financial Results | Market Cap Arena

Jack Henry & Associates, Inc.JKHY

FY 2017 Earnings

Reported August 25, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$1.4B	—	$1.4B	—	5.6%
Op. Income	$368M	—	$362M	—	1.7%
Gross Margin	42.8%	—	42.9%	—	-0.1pp
Net Margin	17.2%	—	18.4%	—	-1.2pp
EPS (Diluted)	$3.14	—	$3.12	—	0.6%
Free Cash Flow	$315M	—	$309M	—	2.1%

Revenue Flow

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$819M
GROSS PROFIT	$612M
R&D Expenses	$85M
Selling & Marketing	$93M
General & Administrative	$70M
SG&A Expenses	$163M
Other Expenses	$36.0K
Operating Expenses	$248M
Cost & Expenses	$1.1B
OPERATING INCOME	$368M
Interest Income	$248.0K
Interest Expense	$996.0K
Other Income/Expenses	-$748.0K
INCOME BEFORE TAX	$367M
Income Tax Expense	$121M
Net Income from Continuing Ops	$246M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$246M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$246M
D&A	$140M
EBIT	$342M
EBITDA	$508M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$819M
GROSS PROFIT	$612M
R&D Expenses	$85M
Selling & Marketing	$93M
General & Administrative	$70M
SG&A Expenses	$163M
Other Expenses	$36.0K
Operating Expenses	$248M
Cost & Expenses	$1.1B
OPERATING INCOME	$368M
Interest Income	$248.0K
Interest Expense	$996.0K
Other Income/Expenses	-$748.0K
INCOME BEFORE TAX	$367M
Income Tax Expense	$121M
Net Income from Continuing Ops	$246M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$246M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$246M
D&A	$140M
EBIT	$342M
EBITDA	$508M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$246M
Depreciation & Amortization	$140M
Stock-Based Compensation	$11M
Deferred Income Tax	$31M
Other Non-Cash Items	$31M
Change in Working Capital	-$75M
OPERATING CASH FLOW	$357M
Capital Expenditure	-$42M
Acquisitions (Net)	$7M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$142M
Net Debt Issuance	$50M
Common Stock Repurchased	-$130M
Common Dividends Paid	-$92M
Other Financing Activities	-$5M
NET CASH FROM FINANCING	-$171M
FREE CASH FLOW	$315M
Net Change in Cash	$44M

Balance Sheet

Item	Amount
Cash & Equivalents	$115M
Short-Term Investments	$0
Net Receivables	$297M
Inventory	$41M
Other Current Assets	$41M
TOTAL CURRENT ASSETS	$520M
PP&E (Net)	$283M
Goodwill	$552M
Intangible Assets	$374M
Long-Term Investments	$22M
Tax Assets	$75M
Other Non-Current Assets	$105M
TOTAL NON-CURRENT ASSETS	$1.4B
TOTAL ASSETS	$1.9B
Account Payables	$7M
Short-Term Debt	$0
Deferred Revenue	$511M
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$471M
Long-Term Debt	$50M
Deferred Revenue NC	$129M
Deferred Tax Liabilities	$220M
Other Non-Current Liabilities	$8M
TOTAL NON-CURRENT LIABILITIES	$406M
TOTAL LIABILITIES	$877M
Common Stock	$1M
Additional Paid-In Capital	$452M
Retained Earnings	$1.6B
Treasury Stock	-$1.0B
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.0B
Minority Interest	$0
TOTAL EQUITY	$1.0B
TOTAL LIABILITIES & EQUITY	$1.9B
Total Debt	$50M
Net Debt	-$65M