NSIT FY 2017 Earnings Report — Insight Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

Insight Enterprises, Inc.NSIT

FY 2017 Earnings

Reported February 23, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$6.7B	—	$5.5B	—	22.2%
Op. Income	$179M	—	$149M	—	20.4%
Gross Margin	13.7%	—	13.5%	—	0.2pp
Net Margin	1.4%	—	1.5%	—	-0.2pp
EPS (Diluted)	$2.50	—	$2.32	—	7.8%
Free Cash Flow	-$325M	—	$84M	—	-488.6%

Revenue Flow

Item	Amount
REVENUE	$6.7B
Cost of Revenue	$5.8B
GROSS PROFIT	$919M
R&D Expenses	$0
Selling & Marketing	$47M
General & Administrative	$676M
SG&A Expenses	$723M
Other Expenses	-$1M
Operating Expenses	$723M
Cost & Expenses	$6.5B
OPERATING INCOME	$179M
Interest Income	$1M
Interest Expense	$19M
Other Income/Expenses	-$20M
INCOME BEFORE TAX	$159M
Income Tax Expense	$68M
Net Income from Continuing Ops	$91M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$91M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$91M
D&A	$43M
EBIT	$177M
EBITDA	$238M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$6.7B
Cost of Revenue	$5.8B
GROSS PROFIT	$919M
R&D Expenses	$0
Selling & Marketing	$47M
General & Administrative	$676M
SG&A Expenses	$723M
Other Expenses	-$1M
Operating Expenses	$723M
Cost & Expenses	$6.5B
OPERATING INCOME	$179M
Interest Income	$1M
Interest Expense	$19M
Other Income/Expenses	-$20M
INCOME BEFORE TAX	$159M
Income Tax Expense	$68M
Net Income from Continuing Ops	$91M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$91M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$91M
D&A	$43M
EBIT	$177M
EBITDA	$238M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$91M
Depreciation & Amortization	$43M
Stock-Based Compensation	$13M
Deferred Income Tax	$19M
Other Non-Cash Items	$12M
Change in Working Capital	-$483M
OPERATING CASH FLOW	-$305M
Capital Expenditure	-$19M
Acquisitions (Net)	-$185M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$2M
NET CASH FROM INVESTING	-$205M
Net Debt Issuance	$269M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$128M
NET CASH FROM FINANCING	$397M
FREE CASH FLOW	-$325M
Net Change in Cash	-$97M

Balance Sheet

Item	Amount
Cash & Equivalents	$106M
Short-Term Investments	$0
Net Receivables	$1.8B
Inventory	$231M
Other Current Assets	$152M
TOTAL CURRENT ASSETS	$2.3B
PP&E (Net)	$75M
Goodwill	$131M
Intangible Assets	$101M
Long-Term Investments	$0
Tax Assets	$17M
Other Non-Current Assets	$57M
TOTAL NON-CURRENT ASSETS	$381M
TOTAL ASSETS	$2.7B
Account Payables	$899M
Short-Term Debt	$336M
Deferred Revenue	$89M
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$1.5B
Long-Term Debt	$297M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$717.0K
Other Non-Current Liabilities	$45M
TOTAL NON-CURRENT LIABILITIES	$342M
TOTAL LIABILITIES	$1.8B
Common Stock	$358.0K
Additional Paid-In Capital	$317M
Retained Earnings	$550M
Treasury Stock	$0
Accum. Other Comp. Income	-$24M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$843M
Minority Interest	$0
TOTAL EQUITY	$843M
TOTAL LIABILITIES & EQUITY	$2.7B
Total Debt	$313M
Net Debt	$207M