NSIT FY 2010 Earnings Report — Insight Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

Insight Enterprises, Inc.NSIT

FY 2010 Earnings

Reported February 23, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2010	Prior Q	FY 2009	QoQ Change	YoY Change
Revenue	$4.8B	—	$4.1B	—	16.3%
Op. Income	$124M	—	$53M	—	134.5%
Gross Margin	13.4%	—	13.7%	—	-0.3pp
Net Margin	1.6%	—	0.8%	—	0.8pp
EPS (Diluted)	$1.61	—	$0.73	—	120.5%
Free Cash Flow	$80M	—	$108M	—	-25.7%

Revenue Flow

Item	Amount
REVENUE	$4.8B
Cost of Revenue	$4.2B
GROSS PROFIT	$646M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$519M
SG&A Expenses	$519M
Other Expenses	$0
Operating Expenses	$519M
Cost & Expenses	$4.7B
OPERATING INCOME	$124M
Interest Income	$714.0K
Interest Expense	$8M
Other Income/Expenses	-$9M
INCOME BEFORE TAX	$115M
Income Tax Expense	$40M
Net Income from Continuing Ops	$75M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$75M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$75M
D&A	$38M
EBIT	$123M
EBITDA	$161M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$4.8B
Cost of Revenue	$4.2B
GROSS PROFIT	$646M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$519M
SG&A Expenses	$519M
Other Expenses	$0
Operating Expenses	$519M
Cost & Expenses	$4.7B
OPERATING INCOME	$124M
Interest Income	$714.0K
Interest Expense	$8M
Other Income/Expenses	-$9M
INCOME BEFORE TAX	$115M
Income Tax Expense	$40M
Net Income from Continuing Ops	$75M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$75M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$75M
D&A	$38M
EBIT	$123M
EBITDA	$161M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$75M
Depreciation & Amortization	$38M
Stock-Based Compensation	$7M
Deferred Income Tax	$18M
Other Non-Cash Items	$7M
Change in Working Capital	-$48M
OPERATING CASH FLOW	$98M
Capital Expenditure	-$18M
Acquisitions (Net)	-$5M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$23M
Net Debt Issuance	-$17M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$797.0K
NET CASH FROM FINANCING	-$18M
FREE CASH FLOW	$80M
Net Change in Cash	$56M

Balance Sheet

Item	Amount
Cash & Equivalents	$124M
Short-Term Investments	$0
Net Receivables	$1.1B
Inventory	$157M
Other Current Assets	$73M
TOTAL CURRENT ASSETS	$1.5B
PP&E (Net)	$141M
Goodwill	$16M
Intangible Assets	$69M
Long-Term Investments	$0
Tax Assets	$74M
Other Non-Current Assets	$13M
TOTAL NON-CURRENT ASSETS	$314M
TOTAL ASSETS	$1.8B
Account Payables	$882M
Short-Term Debt	$997.0K
Deferred Revenue	$67M
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$1.1B
Long-Term Debt	$92M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$5M
Other Non-Current Liabilities	$24M
TOTAL NON-CURRENT LIABILITIES	$121M
TOTAL LIABILITIES	$1.3B
Common Stock	$463.0K
Additional Paid-In Capital	$377M
Retained Earnings	$149M
Treasury Stock	$0
Accum. Other Comp. Income	$18M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$545M
Minority Interest	$0
TOTAL EQUITY	$545M
TOTAL LIABILITIES & EQUITY	$1.8B
Total Debt	$93M
Net Debt	-$31M