NSIT FY 2012 Earnings Report — Insight Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

Insight Enterprises, Inc.NSIT

FY 2012 Earnings

Reported February 22, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$5.3B	—	$5.3B	—	0.3%
Op. Income	$148M	—	$147M	—	0.5%
Gross Margin	13.6%	—	13.4%	—	0.2pp
Net Margin	1.7%	—	1.9%	—	-0.1pp
EPS (Diluted)	$2.07	—	$2.18	—	-5.0%
Free Cash Flow	$37M	—	$89M	—	-57.9%

Revenue Flow

Item	Amount
REVENUE	$5.3B
Cost of Revenue	$4.6B
GROSS PROFIT	$720M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$565M
SG&A Expenses	$565M
Other Expenses	-$1M
Operating Expenses	$565M
Cost & Expenses	$5.1B
OPERATING INCOME	$148M
Interest Income	$1M
Interest Expense	$6M
Other Income/Expenses	-$3M
INCOME BEFORE TAX	$145M
Income Tax Expense	$52M
Net Income from Continuing Ops	$93M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$93M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$93M
D&A	$41M
EBIT	$151M
EBITDA	$192M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$5.3B
Cost of Revenue	$4.6B
GROSS PROFIT	$720M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$565M
SG&A Expenses	$565M
Other Expenses	-$1M
Operating Expenses	$565M
Cost & Expenses	$5.1B
OPERATING INCOME	$148M
Interest Income	$1M
Interest Expense	$6M
Other Income/Expenses	-$3M
INCOME BEFORE TAX	$145M
Income Tax Expense	$52M
Net Income from Continuing Ops	$93M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$93M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$93M
D&A	$41M
EBIT	$151M
EBITDA	$192M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$93M
Depreciation & Amortization	$41M
Stock-Based Compensation	$9M
Deferred Income Tax	$9M
Other Non-Cash Items	$4M
Change in Working Capital	-$88M
OPERATING CASH FLOW	$67M
Capital Expenditure	-$30M
Acquisitions (Net)	-$4M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$4M
NET CASH FROM INVESTING	-$34M
Net Debt Issuance	-$16M
Common Stock Repurchased	-$3M
Common Dividends Paid	$0
Other Financing Activities	$1M
NET CASH FROM FINANCING	-$15M
FREE CASH FLOW	$37M
Net Change in Cash	$24M

Balance Sheet

Item	Amount
Cash & Equivalents	$152M
Short-Term Investments	$0
Net Receivables	$1.4B
Inventory	$132M
Other Current Assets	$46M
TOTAL CURRENT ASSETS	$1.7B
PP&E (Net)	$144M
Goodwill	$26M
Intangible Assets	$47M
Long-Term Investments	$0
Tax Assets	$64M
Other Non-Current Assets	$19M
TOTAL NON-CURRENT ASSETS	$300M
TOTAL ASSETS	$2.0B
Account Payables	$983M
Short-Term Debt	$602.0K
Deferred Revenue	$40M
Other Current Liabilities	-$1M
TOTAL CURRENT LIABILITIES	$1.2B
Long-Term Debt	$80M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$2M
Other Non-Current Liabilities	$32M
TOTAL NON-CURRENT LIABILITIES	$114M
TOTAL LIABILITIES	$1.3B
Common Stock	$446.0K
Additional Paid-In Capital	$369M
Retained Earnings	$316M
Treasury Stock	$0
Accum. Other Comp. Income	$20M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$705M
Minority Interest	$0
TOTAL EQUITY	$705M
TOTAL LIABILITIES & EQUITY	$2.0B
Total Debt	$81M
Net Debt	-$72M