NSP FY 2015 Earnings Report — Insperity, Inc. Revenue & Financial Results | Market Cap Arena

Insperity, Inc.NSP

FY 2015 Earnings

Reported February 12, 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	$2.6B	—	$2.4B	—	10.4%
Op. Income	$66M	—	$47M	—	38.4%
Gross Margin	16.8%	—	17.1%	—	-0.3pp
Net Margin	1.5%	—	1.2%	—	0.3pp
EPS (Diluted)	$0.79	—	$0.53	—	49.1%
Free Cash Flow	$47M	—	$123M	—	-61.5%

Revenue Flow

Item	Amount
REVENUE	$2.6B
Cost of Revenue	$2.2B
GROSS PROFIT	$438M
R&D Expenses	$3M
Selling & Marketing	$34M
General & Administrative	$309M
SG&A Expenses	$343M
Other Expenses	-$113.0K
Operating Expenses	$362M
Cost & Expenses	$2.5B
OPERATING INCOME	$66M
Interest Income	$379.0K
Interest Expense	$459.0K
Other Income/Expenses	-$80.0K
INCOME BEFORE TAX	$66M
Income Tax Expense	$26M
Net Income from Continuing Ops	$39M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$39M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$38M
D&A	$19M
EBIT	$66M
EBITDA	$84M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$2.6B
Cost of Revenue	$2.2B
GROSS PROFIT	$438M
R&D Expenses	$3M
Selling & Marketing	$34M
General & Administrative	$309M
SG&A Expenses	$343M
Other Expenses	-$113.0K
Operating Expenses	$362M
Cost & Expenses	$2.5B
OPERATING INCOME	$66M
Interest Income	$379.0K
Interest Expense	$459.0K
Other Income/Expenses	-$80.0K
INCOME BEFORE TAX	$66M
Income Tax Expense	$26M
Net Income from Continuing Ops	$39M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$39M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$38M
D&A	$19M
EBIT	$66M
EBITDA	$84M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$39M
Depreciation & Amortization	$19M
Stock-Based Compensation	$13M
Deferred Income Tax	-$15M
Other Non-Cash Items	$11M
Change in Working Capital	-$3M
OPERATING CASH FLOW	$65M
Capital Expenditure	-$18M
Acquisitions (Net)	$12M
Purchases of Investments	-$11M
Sales/Maturities of Investments	$28M
Other Investing Activities	$12M
NET CASH FROM INVESTING	$12M
Net Debt Issuance	$0
Common Stock Repurchased	-$67M
Common Dividends Paid	-$21M
Other Financing Activities	$4M
NET CASH FROM FINANCING	-$84M
FREE CASH FLOW	$47M
Net Change in Cash	-$7M

Balance Sheet

Item	Amount
Cash & Equivalents	$270M
Short-Term Investments	$10M
Net Receivables	$201M
Inventory	$45M
Other Current Assets	$55M
TOTAL CURRENT ASSETS	$542M
PP&E (Net)	$62M
Goodwill	$13M
Intangible Assets	$902.0K
Long-Term Investments	$149M
Tax Assets	$17M
Other Non-Current Assets	$1M
TOTAL NON-CURRENT ASSETS	$243M
TOTAL ASSETS	$785M
Account Payables	$5M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$239M
TOTAL CURRENT LIABILITIES	$488M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$125M
TOTAL NON-CURRENT LIABILITIES	$125M
TOTAL LIABILITIES	$612M
Common Stock	$308.0K
Additional Paid-In Capital	$145M
Retained Earnings	$233M
Treasury Stock	-$205M
Accum. Other Comp. Income	-$190M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$172M
Minority Interest	$0
TOTAL EQUITY	$172M
TOTAL LIABILITIES & EQUITY	$785M
Total Debt	$0
Net Debt	-$270M