MANH FY 2015 Earnings Report — Manhattan Associates, Inc. Revenue & Financial Results | Market Cap Arena

Manhattan Associates, Inc.MANH

FY 2015 Earnings

Reported February 5, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$556M	—	$492M	—	13.1%
Op. Income	$161M	—	$127M	—	27.0%
Gross Margin	56.3%	—	55.5%	—	0.8pp
Net Margin	18.6%	—	16.7%	—	1.9pp
EPS (Diluted)	$1.40	—	$1.08	—	29.6%
Free Cash Flow	$109M	—	$85M	—	28.2%

Revenue Flow

Item	Amount
REVENUE	$556M
Cost of Revenue	$243M
GROSS PROFIT	$313M
R&D Expenses	$54M
Selling & Marketing	$49M
General & Administrative	$49M
SG&A Expenses	$98M
Other Expenses	$0
Operating Expenses	$152M
Cost & Expenses	$395M
OPERATING INCOME	$161M
Interest Income	$1M
Interest Expense	$0
Other Income/Expenses	$1M
INCOME BEFORE TAX	$163M
Income Tax Expense	$59M
Net Income from Continuing Ops	$103M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$103M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$103M
D&A	$8M
EBIT	$163M
EBITDA	$169M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$556M
Cost of Revenue	$243M
GROSS PROFIT	$313M
R&D Expenses	$54M
Selling & Marketing	$49M
General & Administrative	$49M
SG&A Expenses	$98M
Other Expenses	$0
Operating Expenses	$152M
Cost & Expenses	$395M
OPERATING INCOME	$161M
Interest Income	$1M
Interest Expense	$0
Other Income/Expenses	$1M
INCOME BEFORE TAX	$163M
Income Tax Expense	$59M
Net Income from Continuing Ops	$103M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$103M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$103M
D&A	$8M
EBIT	$163M
EBITDA	$169M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$103M
Depreciation & Amortization	$8M
Stock-Based Compensation	$15M
Deferred Income Tax	$2M
Other Non-Cash Items	$42.0K
Change in Working Capital	-$7M
OPERATING CASH FLOW	$120M
Capital Expenditure	-$11M
Acquisitions (Net)	$0
Purchases of Investments	-$2M
Sales/Maturities of Investments	$13M
Other Investing Activities	-$13M
NET CASH FROM INVESTING	-$14M
Net Debt Issuance	$0
Common Stock Repurchased	-$112M
Common Dividends Paid	$0
Other Financing Activities	$10M
NET CASH FROM FINANCING	-$102M
FREE CASH FLOW	$109M
Net Change in Cash	$3M

Balance Sheet

Item	Amount
Cash & Equivalents	$118M
Short-Term Investments	$10M
Net Receivables	$97M
Inventory	$10M
Other Current Assets	$12M
TOTAL CURRENT ASSETS	$247M
PP&E (Net)	$21M
Goodwill	$62M
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$86.0K
Other Non-Current Assets	$7M
TOTAL NON-CURRENT ASSETS	$91M
TOTAL ASSETS	$338M
Account Payables	$11M
Short-Term Debt	$0
Deferred Revenue	$69M
Other Current Liabilities	$14M
TOTAL CURRENT LIABILITIES	$127M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$6M
Other Non-Current Liabilities	$10M
TOTAL NON-CURRENT LIABILITIES	$15M
TOTAL LIABILITIES	$142M
Common Stock	$728.0K
Additional Paid-In Capital	$0
Retained Earnings	$207M
Treasury Stock	$0
Accum. Other Comp. Income	-$12M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$195M
Minority Interest	$0
TOTAL EQUITY	$195M
TOTAL LIABILITIES & EQUITY	$338M
Total Debt	$0
Net Debt	-$118M