NFBK FY 2011 Earnings Report — Northfield Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

Northfield Bancorp, Inc.NFBK

FY 2011 Earnings

Reported March 15, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$99M	—	$93M	—	6.4%
Op. Income	$23M	—	$20M	—	15.7%
Gross Margin	61.7%	—	63.0%	—	-1.3pp
Net Margin	16.9%	—	14.8%	—	2.2pp
EPS (Diluted)	$0.42	—	$0.33	—	27.3%
Free Cash Flow	$21M	—	$20M	—	5.8%

Revenue Flow

Item	Amount
REVENUE	$99M
Cost of Revenue	$38M
GROSS PROFIT	$61M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$23M
SG&A Expenses	$23M
Other Expenses	$15M
Operating Expenses	$38M
Cost & Expenses	$76M
OPERATING INCOME	$23M
Interest Income	$91M
Interest Expense	$25M
Other Income/Expenses	$0
INCOME BEFORE TAX	$23M
Income Tax Expense	$6M
Net Income from Continuing Ops	$17M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$17M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$17M
D&A	$2M
EBIT	$23M
EBITDA	$26M
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$99M
Cost of Revenue	$38M
GROSS PROFIT	$61M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$23M
SG&A Expenses	$23M
Other Expenses	$15M
Operating Expenses	$38M
Cost & Expenses	$76M
OPERATING INCOME	$23M
Interest Income	$91M
Interest Expense	$25M
Other Income/Expenses	$0
INCOME BEFORE TAX	$23M
Income Tax Expense	$6M
Net Income from Continuing Ops	$17M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$17M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$17M
D&A	$2M
EBIT	$23M
EBITDA	$26M
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$17M
Depreciation & Amortization	$2M
Stock-Based Compensation	$4M
Deferred Income Tax	-$3M
Other Non-Cash Items	$9M
Change in Working Capital	-$2M
OPERATING CASH FLOW	$27M
Capital Expenditure	-$6M
Acquisitions (Net)	$77M
Purchases of Investments	-$477M
Sales/Maturities of Investments	$587M
Other Investing Activities	-$171M
NET CASH FROM INVESTING	$11M
Net Debt Issuance	-$217.0K
Common Stock Repurchased	-$38M
Common Dividends Paid	-$4M
Other Financing Activities	$25M
NET CASH FROM FINANCING	-$17M
FREE CASH FLOW	$21M
Net Change in Cash	$21M

Balance Sheet

Item	Amount
Cash & Equivalents	$65M
Short-Term Investments	$1.1B
Net Receivables	$9M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.2B
PP&E (Net)	$20M
Goodwill	$16M
Intangible Assets	$0
Long-Term Investments	$1.1B
Tax Assets	$0
Other Non-Current Assets	$113M
TOTAL NON-CURRENT ASSETS	$1.2B
TOTAL ASSETS	$2.4B
Account Payables	$0
Short-Term Debt	$276M
Deferred Revenue	$0
Other Current Liabilities	$1.5B
TOTAL CURRENT LIABILITIES	$1.8B
Long-Term Debt	$204M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$2M
TOTAL NON-CURRENT LIABILITIES	$208M
TOTAL LIABILITIES	$2.0B
Common Stock	$456.0K
Additional Paid-In Capital	$209M
Retained Earnings	$236M
Treasury Stock	-$66M
Accum. Other Comp. Income	$17M
Other Equity	-$15M
TOTAL STOCKHOLDERS' EQUITY	$383M
Minority Interest	$0
TOTAL EQUITY	$383M
TOTAL LIABILITIES & EQUITY	$2.4B
Total Debt	$482M
Net Debt	$417M