NSIT Q2 2018 Earnings Report — Insight Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

Insight Enterprises, Inc.NSIT

Q2 2018 Earnings

Reported August 13, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2018	Q1 2018	Q2 2017	QoQ Change	YoY Change
Revenue	$1.8B	—	$1.7B	—	9.1%
Op. Income	$74M	—	$69M	—	7.4%
Gross Margin	14.4%	—	14.9%	—	-0.5pp
Net Margin	2.8%	—	2.4%	—	0.4pp
EPS (Diluted)	$1.44	—	$1.11	—	29.7%
Free Cash Flow	$195M	—	$53M	—	269.9%

Revenue Flow

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$1.6B
GROSS PROFIT	$264M
R&D Expenses	$0
Selling & Marketing	$3M
General & Administrative	$178M
SG&A Expenses	$181M
Other Expenses	-$324.0K
Operating Expenses	$189M
Cost & Expenses	$1.8B
OPERATING INCOME	$74M
Interest Income	$170.0K
Interest Expense	$5M
Other Income/Expenses	-$5M
INCOME BEFORE TAX	$69M
Income Tax Expense	$18M
Net Income from Continuing Ops	$51M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$51M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$51M
D&A	$9M
EBIT	$75M
EBITDA	$84M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$1.6B
GROSS PROFIT	$264M
R&D Expenses	$0
Selling & Marketing	$3M
General & Administrative	$178M
SG&A Expenses	$181M
Other Expenses	-$324.0K
Operating Expenses	$189M
Cost & Expenses	$1.8B
OPERATING INCOME	$74M
Interest Income	$170.0K
Interest Expense	$5M
Other Income/Expenses	-$5M
INCOME BEFORE TAX	$69M
Income Tax Expense	$18M
Net Income from Continuing Ops	$51M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$51M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$51M
D&A	$9M
EBIT	$75M
EBITDA	$84M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$51M
Depreciation & Amortization	$9M
Stock-Based Compensation	$4M
Deferred Income Tax	$1M
Other Non-Cash Items	$2M
Change in Working Capital	$133M
OPERATING CASH FLOW	$200M
Capital Expenditure	-$6M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$6M
Net Debt Issuance	-$100M
Common Stock Repurchased	-$14M
Common Dividends Paid	$0
Other Financing Activities	$75M
NET CASH FROM FINANCING	-$39M
FREE CASH FLOW	$195M
Net Change in Cash	$148M

Balance Sheet

Item	Amount
Cash & Equivalents	$248M
Short-Term Investments	$0
Net Receivables	$2.2B
Inventory	$179M
Other Current Assets	$122M
TOTAL CURRENT ASSETS	$2.7B
PP&E (Net)	$75M
Goodwill	$131M
Intangible Assets	$93M
Long-Term Investments	$0
Tax Assets	$15M
Other Non-Current Assets	$69M
TOTAL NON-CURRENT ASSETS	$383M
TOTAL ASSETS	$3.1B
Account Payables	$1.4B
Short-Term Debt	$321M
Deferred Revenue	$66M
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$2.0B
Long-Term Debt	$145M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$588.0K
Other Non-Current Liabilities	$58M
TOTAL NON-CURRENT LIABILITIES	$204M
TOTAL LIABILITIES	$2.2B
Common Stock	$355.0K
Additional Paid-In Capital	$316M
Retained Earnings	$625M
Treasury Stock	$0
Accum. Other Comp. Income	-$35M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$906M
Minority Interest	$0
TOTAL EQUITY	$906M
TOTAL LIABILITIES & EQUITY	$3.1B
Total Debt	$162M
Net Debt	-$86M