NSIT FY 2015 Earnings Report — Insight Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

Insight Enterprises, Inc.NSIT

FY 2015 Earnings

Reported February 19, 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	$5.4B	—	$5.3B	—	1.1%
Op. Income	$127M	—	$131M	—	-3.4%
Gross Margin	13.3%	—	13.4%	—	-0.1pp
Net Margin	1.4%	—	1.4%	—	-0.0pp
EPS (Diluted)	$1.98	—	$1.83	—	8.2%
Free Cash Flow	$167M	—	$100M	—	66.5%

Revenue Flow

Item	Amount
REVENUE	$5.4B
Cost of Revenue	$4.7B
GROSS PROFIT	$716M
R&D Expenses	$0
Selling & Marketing	$34M
General & Administrative	$551M
SG&A Expenses	$584M
Other Expenses	-$1M
Operating Expenses	$585M
Cost & Expenses	$5.2B
OPERATING INCOME	$127M
Interest Income	$783.0K
Interest Expense	$7M
Other Income/Expenses	-$7M
INCOME BEFORE TAX	$119M
Income Tax Expense	$43M
Net Income from Continuing Ops	$76M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$76M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$76M
D&A	$38M
EBIT	$132M
EBITDA	$170M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$5.4B
Cost of Revenue	$4.7B
GROSS PROFIT	$716M
R&D Expenses	$0
Selling & Marketing	$34M
General & Administrative	$551M
SG&A Expenses	$584M
Other Expenses	-$1M
Operating Expenses	$585M
Cost & Expenses	$5.2B
OPERATING INCOME	$127M
Interest Income	$783.0K
Interest Expense	$7M
Other Income/Expenses	-$7M
INCOME BEFORE TAX	$119M
Income Tax Expense	$43M
Net Income from Continuing Ops	$76M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$76M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$76M
D&A	$38M
EBIT	$132M
EBITDA	$170M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$76M
Depreciation & Amortization	$38M
Stock-Based Compensation	$9M
Deferred Income Tax	$5M
Other Non-Cash Items	$12M
Change in Working Capital	$41M
OPERATING CASH FLOW	$181M
Capital Expenditure	-$13M
Acquisitions (Net)	-$44M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$58M
Net Debt Issuance	$27M
Common Stock Repurchased	-$92M
Common Dividends Paid	$0
Other Financing Activities	-$16M
NET CASH FROM FINANCING	-$83M
FREE CASH FLOW	$167M
Net Change in Cash	$23M

Balance Sheet

Item	Amount
Cash & Equivalents	$188M
Short-Term Investments	$0
Net Receivables	$1.3B
Inventory	$172M
Other Current Assets	$77M
TOTAL CURRENT ASSETS	$1.8B
PP&E (Net)	$88M
Goodwill	$56M
Intangible Assets	$27M
Long-Term Investments	$0
Tax Assets	$63M
Other Non-Current Assets	$28M
TOTAL NON-CURRENT ASSETS	$262M
TOTAL ASSETS	$2.0B
Account Payables	$905M
Short-Term Debt	$108M
Deferred Revenue	$50M
Other Current Liabilities	-$3M
TOTAL CURRENT LIABILITIES	$1.2B
Long-Term Debt	$89M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$239.0K
Other Non-Current Liabilities	$31M
TOTAL NON-CURRENT LIABILITIES	$120M
TOTAL LIABILITIES	$1.3B
Common Stock	$371.0K
Additional Paid-In Capital	$317M
Retained Earnings	$409M
Treasury Stock	$0
Accum. Other Comp. Income	-$40M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$686M
Minority Interest	$0
TOTAL EQUITY	$686M
TOTAL LIABILITIES & EQUITY	$2.0B
Total Debt	$91M
Net Debt	-$97M