NSP FY 2016 Earnings Report — Insperity, Inc. Revenue & Financial Results | Market Cap Arena

Insperity, Inc.NSP

FY 2016 Earnings

Reported February 13, 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	$2.9B	—	$2.6B	—	13.0%
Op. Income	$106M	—	$66M	—	61.8%
Gross Margin	16.7%	—	16.8%	—	-0.1pp
Net Margin	2.2%	—	1.5%	—	0.7pp
EPS (Diluted)	$1.55	—	$0.79	—	96.2%
Free Cash Flow	$99M	—	$47M	—	108.9%

Revenue Flow

Item	Amount
REVENUE	$2.9B
Cost of Revenue	$2.4B
GROSS PROFIT	$492M
R&D Expenses	$3M
Selling & Marketing	$36M
General & Administrative	$333M
SG&A Expenses	$369M
Other Expenses	$17M
Operating Expenses	$385M
Cost & Expenses	$2.8B
OPERATING INCOME	$106M
Interest Income	$1M
Interest Expense	$2M
Other Income/Expenses	-$1M
INCOME BEFORE TAX	$105M
Income Tax Expense	$39M
Net Income from Continuing Ops	$66M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$66M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$64M
D&A	$17M
EBIT	$108M
EBITDA	$124M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$2.9B
Cost of Revenue	$2.4B
GROSS PROFIT	$492M
R&D Expenses	$3M
Selling & Marketing	$36M
General & Administrative	$333M
SG&A Expenses	$369M
Other Expenses	$17M
Operating Expenses	$385M
Cost & Expenses	$2.8B
OPERATING INCOME	$106M
Interest Income	$1M
Interest Expense	$2M
Other Income/Expenses	-$1M
INCOME BEFORE TAX	$105M
Income Tax Expense	$39M
Net Income from Continuing Ops	$66M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$66M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$64M
D&A	$17M
EBIT	$108M
EBITDA	$124M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$66M
Depreciation & Amortization	$17M
Stock-Based Compensation	$17M
Deferred Income Tax	$3M
Other Non-Cash Items	$90.0K
Change in Working Capital	$30M
OPERATING CASH FLOW	$133M
Capital Expenditure	-$34M
Acquisitions (Net)	$43.0K
Purchases of Investments	-$1M
Sales/Maturities of Investments	$9M
Other Investing Activities	$43.0K
NET CASH FROM INVESTING	-$26M
Net Debt Issuance	$104M
Common Stock Repurchased	-$176M
Common Dividends Paid	-$21M
Other Financing Activities	$1M
NET CASH FROM FINANCING	-$90M
FREE CASH FLOW	$99M
Net Change in Cash	$16M

Balance Sheet

Item	Amount
Cash & Equivalents	$286M
Short-Term Investments	$2M
Net Receivables	$275M
Inventory	$58M
Other Current Assets	$62M
TOTAL CURRENT ASSETS	$640M
PP&E (Net)	$80M
Goodwill	$13M
Intangible Assets	$402.0K
Long-Term Investments	$158M
Tax Assets	$14M
Other Non-Current Assets	$2M
TOTAL NON-CURRENT ASSETS	$267M
TOTAL ASSETS	$907M
Account Payables	$4M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$22M
TOTAL CURRENT LIABILITIES	$601M
Long-Term Debt	$104M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$141M
TOTAL NON-CURRENT LIABILITIES	$246M
TOTAL LIABILITIES	$847M
Common Stock	$277.0K
Additional Paid-In Capital	$9M
Retained Earnings	$278M
Treasury Stock	-$227M
Accum. Other Comp. Income	-$3.0K
Other Equity	$278.0K
TOTAL STOCKHOLDERS' EQUITY	$61M
Minority Interest	$0
TOTAL EQUITY	$61M
TOTAL LIABILITIES & EQUITY	$907M
Total Debt	$104M
Net Debt	-$182M