NSIT FY 2018 Earnings Report — Insight Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

Insight Enterprises, Inc.NSIT

FY 2018 Earnings

Reported February 22, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$7.1B	—	$6.7B	—	5.6%
Op. Income	$233M	—	$179M	—	30.2%
Gross Margin	14.0%	—	13.7%	—	0.3pp
Net Margin	2.3%	—	1.4%	—	1.0pp
EPS (Diluted)	$4.55	—	$2.50	—	82.0%
Free Cash Flow	$275M	—	-$325M	—	184.8%

Revenue Flow

Item	Amount
REVENUE	$7.1B
Cost of Revenue	$6.1B
GROSS PROFIT	$994M
R&D Expenses	$0
Selling & Marketing	$57M
General & Administrative	$699M
SG&A Expenses	$757M
Other Expenses	-$1M
Operating Expenses	$757M
Cost & Expenses	$6.8B
OPERATING INCOME	$233M
Interest Income	$1M
Interest Expense	$23M
Other Income/Expenses	-$22M
INCOME BEFORE TAX	$212M
Income Tax Expense	$48M
Net Income from Continuing Ops	$164M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$164M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$164M
D&A	$37M
EBIT	$234M
EBITDA	$275M
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$7.1B
Cost of Revenue	$6.1B
GROSS PROFIT	$994M
R&D Expenses	$0
Selling & Marketing	$57M
General & Administrative	$699M
SG&A Expenses	$757M
Other Expenses	-$1M
Operating Expenses	$757M
Cost & Expenses	$6.8B
OPERATING INCOME	$233M
Interest Income	$1M
Interest Expense	$23M
Other Income/Expenses	-$22M
INCOME BEFORE TAX	$212M
Income Tax Expense	$48M
Net Income from Continuing Ops	$164M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$164M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$164M
D&A	$37M
EBIT	$234M
EBITDA	$275M
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$164M
Depreciation & Amortization	$37M
Stock-Based Compensation	$15M
Deferred Income Tax	$9M
Other Non-Cash Items	$9M
Change in Working Capital	$58M
OPERATING CASH FLOW	$293M
Capital Expenditure	-$17M
Acquisitions (Net)	-$74M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$479.0K
NET CASH FROM INVESTING	-$92M
Net Debt Issuance	-$115M
Common Stock Repurchased	-$22M
Common Dividends Paid	$0
Other Financing Activities	-$22M
NET CASH FROM FINANCING	-$159M
FREE CASH FLOW	$275M
Net Change in Cash	$37M

Balance Sheet

Item	Amount
Cash & Equivalents	$143M
Short-Term Investments	$0
Net Receivables	$1.9B
Inventory	$149M
Other Current Assets	$116M
TOTAL CURRENT ASSETS	$2.3B
PP&E (Net)	$73M
Goodwill	$167M
Intangible Assets	$112M
Long-Term Investments	$40M
Tax Assets	$8M
Other Non-Current Assets	$38M
TOTAL NON-CURRENT ASSETS	$437M
TOTAL ASSETS	$2.8B
Account Payables	$978M
Short-Term Debt	$304M
Deferred Revenue	$62M
Other Current Liabilities	-$61M
TOTAL CURRENT LIABILITIES	$1.5B
Long-Term Debt	$196M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$683.0K
Other Non-Current Liabilities	$55M
TOTAL NON-CURRENT LIABILITIES	$252M
TOTAL LIABILITIES	$1.8B
Common Stock	$355.0K
Additional Paid-In Capital	$324M
Retained Earnings	$705M
Treasury Stock	$0
Accum. Other Comp. Income	-$42M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$987M
Minority Interest	$0
TOTAL EQUITY	$987M
TOTAL LIABILITIES & EQUITY	$2.8B
Total Debt	$197M
Net Debt	$54M