KRNY FY 2009 Earnings Report — Kearny Financial Corp. Revenue & Financial Results | Market Cap Arena

Kearny Financial Corp.KRNY

FY 2009 Earnings

Reported June 29, 2009

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2009	Prior Q	FY 2008	QoQ Change	YoY Change
Revenue	$99M	—	$99M	—	0.0%
Op. Income	$11M	—	$8M	—	39.9%
Gross Margin	55.2%	—	49.1%	—	6.1pp
Net Margin	6.4%	—	5.9%	—	0.5pp
EPS (Diluted)	$0.07	—	$0.07	—	0.0%
Free Cash Flow	$18M	—	$15M	—	20.4%

Revenue Flow

Item	Amount
REVENUE	$99M
Cost of Revenue	$45M
GROSS PROFIT	$55M
R&D Expenses	$0
Selling & Marketing	$900.0K
General & Administrative	$30M
SG&A Expenses	$30M
Other Expenses	$14M
Operating Expenses	$44M
Cost & Expenses	$88M
OPERATING INCOME	$11M
Interest Income	$98M
Interest Expense	$44M
Other Income/Expenses	$0
INCOME BEFORE TAX	$11M
Income Tax Expense	$5M
Net Income from Continuing Ops	$6M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$6M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$6M
D&A	$2M
EBIT	$11M
EBITDA	$13M
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$99M
Cost of Revenue	$45M
GROSS PROFIT	$55M
R&D Expenses	$0
Selling & Marketing	$900.0K
General & Administrative	$30M
SG&A Expenses	$30M
Other Expenses	$14M
Operating Expenses	$44M
Cost & Expenses	$88M
OPERATING INCOME	$11M
Interest Income	$98M
Interest Expense	$44M
Other Income/Expenses	$0
INCOME BEFORE TAX	$11M
Income Tax Expense	$5M
Net Income from Continuing Ops	$6M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$6M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$6M
D&A	$2M
EBIT	$11M
EBITDA	$13M
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$6M
Depreciation & Amortization	$2M
Stock-Based Compensation	$7M
Deferred Income Tax	$673.0K
Other Non-Cash Items	$2M
Change in Working Capital	$3M
OPERATING CASH FLOW	$20M
Capital Expenditure	-$2M
Acquisitions (Net)	$0
Purchases of Investments	-$77M
Sales/Maturities of Investments	$141M
Other Investing Activities	-$18M
NET CASH FROM INVESTING	$43M
Net Debt Issuance	-$8M
Common Stock Repurchased	-$14M
Common Dividends Paid	-$4M
Other Financing Activities	$42M
NET CASH FROM FINANCING	$17M
FREE CASH FLOW	$18M
Net Change in Cash	$80M

Balance Sheet

Item	Amount
Cash & Equivalents	$212M
Short-Term Investments	$0
Net Receivables	$8M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$220M
PP&E (Net)	$35M
Goodwill	$82M
Intangible Assets	$0
Long-Term Investments	$1.8B
Tax Assets	$1M
Other Non-Current Assets	$30M
TOTAL NON-CURRENT ASSETS	$1.9B
TOTAL ASSETS	$2.1B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$1.4B
TOTAL CURRENT LIABILITIES	$1.4B
Long-Term Debt	$210M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$17M
TOTAL NON-CURRENT LIABILITIES	$227M
TOTAL LIABILITIES	$1.6B
Common Stock	$7M
Additional Paid-In Capital	$209M
Retained Earnings	$310M
Treasury Stock	-$46M
Accum. Other Comp. Income	$8M
Other Equity	-$11M
TOTAL STOCKHOLDERS' EQUITY	$477M
Minority Interest	$0
TOTAL EQUITY	$477M
TOTAL LIABILITIES & EQUITY	$2.1B
Total Debt	$210M
Net Debt	-$2M