NSIT FY 2016 Earnings Report — Insight Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

Insight Enterprises, Inc.NSIT

FY 2016 Earnings

Reported February 17, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$5.5B	—	$5.4B	—	2.1%
Op. Income	$149M	—	$127M	—	17.6%
Gross Margin	13.5%	—	13.3%	—	0.2pp
Net Margin	1.5%	—	1.4%	—	0.1pp
EPS (Diluted)	$2.32	—	$1.98	—	17.2%
Free Cash Flow	$84M	—	$167M	—	-50.0%

Revenue Flow

Item	Amount
REVENUE	$5.5B
Cost of Revenue	$4.7B
GROSS PROFIT	$743M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$585M
SG&A Expenses	$585M
Other Expenses	-$1M
Operating Expenses	$585M
Cost & Expenses	$5.3B
OPERATING INCOME	$149M
Interest Income	$1M
Interest Expense	$9M
Other Income/Expenses	-$9M
INCOME BEFORE TAX	$139M
Income Tax Expense	$55M
Net Income from Continuing Ops	$85M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$85M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$85M
D&A	$38M
EBIT	$156M
EBITDA	$194M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$5.5B
Cost of Revenue	$4.7B
GROSS PROFIT	$743M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$585M
SG&A Expenses	$585M
Other Expenses	-$1M
Operating Expenses	$585M
Cost & Expenses	$5.3B
OPERATING INCOME	$149M
Interest Income	$1M
Interest Expense	$9M
Other Income/Expenses	-$9M
INCOME BEFORE TAX	$139M
Income Tax Expense	$55M
Net Income from Continuing Ops	$85M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$85M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$85M
D&A	$38M
EBIT	$156M
EBITDA	$194M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$85M
Depreciation & Amortization	$38M
Stock-Based Compensation	$11M
Deferred Income Tax	$11M
Other Non-Cash Items	$5M
Change in Working Capital	-$53M
OPERATING CASH FLOW	$96M
Capital Expenditure	-$12M
Acquisitions (Net)	-$10M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$1M
NET CASH FROM INVESTING	-$21M
Net Debt Issuance	-$51M
Common Stock Repurchased	-$50M
Common Dividends Paid	$0
Other Financing Activities	$46M
NET CASH FROM FINANCING	-$58M
FREE CASH FLOW	$84M
Net Change in Cash	$15M

Balance Sheet

Item	Amount
Cash & Equivalents	$203M
Short-Term Investments	$0
Net Receivables	$1.4B
Inventory	$217M
Other Current Assets	$127M
TOTAL CURRENT ASSETS	$2.0B
PP&E (Net)	$71M
Goodwill	$63M
Intangible Assets	$21M
Long-Term Investments	$0
Tax Assets	$52M
Other Non-Current Assets	$29M
TOTAL NON-CURRENT ASSETS	$236M
TOTAL ASSETS	$2.2B
Account Payables	$1.1B
Short-Term Debt	$155M
Deferred Revenue	$61M
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$1.4B
Long-Term Debt	$40M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$900.0K
Other Non-Current Liabilities	$26M
TOTAL NON-CURRENT LIABILITIES	$67M
TOTAL LIABILITIES	$1.5B
Common Stock	$355.0K
Additional Paid-In Capital	$310M
Retained Earnings	$460M
Treasury Stock	$0
Accum. Other Comp. Income	-$56M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$713M
Minority Interest	$0
TOTAL EQUITY	$713M
TOTAL LIABILITIES & EQUITY	$2.2B
Total Debt	$41M
Net Debt	-$162M