OII FY 2015 Earnings Report — Oceaneering International, Inc. Revenue & Financial Results | Market Cap Arena

Oceaneering International, Inc.OII

FY 2015 Earnings

Reported February 19, 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	$3.1B	—	$3.7B	—	-16.3%
Op. Income	$374M	—	$628M	—	-40.5%
Gross Margin	19.8%	—	23.5%	—	-3.7pp
Net Margin	7.5%	—	11.7%	—	-4.2pp
EPS (Diluted)	$2.34	—	$4.00	—	-41.5%
Free Cash Flow	$360M	—	$335M	—	7.6%

Revenue Flow

Item	Amount
REVENUE	$3.1B
Cost of Revenue	$2.5B
GROSS PROFIT	$605M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$232M
Other Expenses	$0
Operating Expenses	$232M
Cost & Expenses	$2.7B
OPERATING INCOME	$374M
Interest Income	$607.0K
Interest Expense	$25M
Other Income/Expenses	-$38M
INCOME BEFORE TAX	$336M
Income Tax Expense	$105M
Net Income from Continuing Ops	$231M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$231M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$231M
D&A	$241M
EBIT	$409M
EBITDA	$650M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$3.1B
Cost of Revenue	$2.5B
GROSS PROFIT	$605M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$232M
Other Expenses	$0
Operating Expenses	$232M
Cost & Expenses	$2.7B
OPERATING INCOME	$374M
Interest Income	$607.0K
Interest Expense	$25M
Other Income/Expenses	-$38M
INCOME BEFORE TAX	$336M
Income Tax Expense	$105M
Net Income from Continuing Ops	$231M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$231M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$231M
D&A	$241M
EBIT	$409M
EBITDA	$650M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$231M
Depreciation & Amortization	$241M
Stock-Based Compensation	$17M
Deferred Income Tax	$29M
Other Non-Cash Items	$5M
Change in Working Capital	$37M
OPERATING CASH FLOW	$560M
Capital Expenditure	-$200M
Acquisitions (Net)	-$224M
Purchases of Investments	-$20M
Sales/Maturities of Investments	$0
Other Investing Activities	$6M
NET CASH FROM INVESTING	-$437M
Net Debt Issuance	$50M
Common Stock Repurchased	-$100M
Common Dividends Paid	-$106M
Other Financing Activities	$3M
NET CASH FROM FINANCING	-$157M
FREE CASH FLOW	$360M
Net Change in Cash	-$45M

Balance Sheet

Item	Amount
Cash & Equivalents	$385M
Short-Term Investments	$0
Net Receivables	$613M
Inventory	$328M
Other Current Assets	$57M
TOTAL CURRENT ASSETS	$1.5B
PP&E (Net)	$1.3B
Goodwill	$427M
Intangible Assets	$94M
Long-Term Investments	$49M
Tax Assets	-$570M
Other Non-Current Assets	$645M
TOTAL NON-CURRENT ASSETS	$1.9B
TOTAL ASSETS	$3.4B
Account Payables	$118M
Short-Term Debt	$0
Deferred Revenue	$157M
Other Current Liabilities	$20M
TOTAL CURRENT LIABILITIES	$616M
Long-Term Debt	$796M
Deferred Revenue NC	-$353M
Deferred Tax Liabilities	$353M
Other Non-Current Liabilities	$439M
TOTAL NON-CURRENT LIABILITIES	$1.2B
TOTAL LIABILITIES	$1.9B
Common Stock	$28M
Additional Paid-In Capital	$230M
Retained Earnings	$2.4B
Treasury Stock	-$744M
Accum. Other Comp. Income	-$300M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.6B
Minority Interest	$0
TOTAL EQUITY	$1.6B
TOTAL LIABILITIES & EQUITY	$3.4B
Total Debt	$796M
Net Debt	$411M