OLLI FY 2014 Earnings Report — Ollie's Bargain Outlet Holdings, Inc. Revenue & Financial Results | Market Cap Arena

Ollie's Bargain Outlet Holdings, Inc.OLLI

FY 2014 Earnings

Reported January 30, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2014	Prior Q	FY 2013	QoQ Change	YoY Change
Revenue	$638M	—	$541M	—	18.0%
Op. Income	$63M	—	$50M	—	25.2%
Gross Margin	39.7%	—	40.1%	—	-0.4pp
Net Margin	4.2%	—	3.6%	—	0.6pp
EPS (Diluted)	$0.49	—	$0.36	—	36.1%
Free Cash Flow	$18M	—	$10M	—	75.3%

Revenue Flow

Item	Amount
REVENUE	$638M
Cost of Revenue	$384M
GROSS PROFIT	$254M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$179M
Other Expenses	$12M
Operating Expenses	$191M
Cost & Expenses	$575M
OPERATING INCOME	$63M
Interest Income	$671.0K
Interest Expense	$19M
Other Income/Expenses	-$19M
INCOME BEFORE TAX	$44M
Income Tax Expense	$17M
Net Income from Continuing Ops	$27M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$27M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$27M
D&A	$9M
EBIT	$68M
EBITDA	$72M
EPS	$1
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$638M
Cost of Revenue	$384M
GROSS PROFIT	$254M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$179M
Other Expenses	$12M
Operating Expenses	$191M
Cost & Expenses	$575M
OPERATING INCOME	$63M
Interest Income	$671.0K
Interest Expense	$19M
Other Income/Expenses	-$19M
INCOME BEFORE TAX	$44M
Income Tax Expense	$17M
Net Income from Continuing Ops	$27M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$27M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$27M
D&A	$9M
EBIT	$68M
EBITDA	$72M
EPS	$1
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$27M
Depreciation & Amortization	$9M
Stock-Based Compensation	$4M
Deferred Income Tax	-$3M
Other Non-Cash Items	$4M
Change in Working Capital	-$8M
OPERATING CASH FLOW	$32M
Capital Expenditure	-$14M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$103.0K
NET CASH FROM INVESTING	-$14M
Net Debt Issuance	$52M
Common Stock Repurchased	-$29.0K
Common Dividends Paid	-$58M
Other Financing Activities	-$2M
NET CASH FROM FINANCING	-$8M
FREE CASH FLOW	$18M
Net Change in Cash	$10M

Balance Sheet

Item	Amount
Cash & Equivalents	$22M
Short-Term Investments	$0
Net Receivables	$318.0K
Inventory	$170M
Other Current Assets	$4M
TOTAL CURRENT ASSETS	$198M
PP&E (Net)	$34M
Goodwill	$445M
Intangible Assets	$234M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$6M
TOTAL NON-CURRENT ASSETS	$719M
TOTAL ASSETS	$917M
Account Payables	$50M
Short-Term Debt	$8M
Deferred Revenue	$6M
Other Current Liabilities	$16M
TOTAL CURRENT LIABILITIES	$91M
Long-Term Debt	$313M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$93M
Other Non-Current Liabilities	$3M
TOTAL NON-CURRENT LIABILITIES	$410M
TOTAL LIABILITIES	$500M
Common Stock	$48.0K
Additional Paid-In Capital	$393M
Retained Earnings	$24M
Treasury Stock	-$29.0K
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$417M
Minority Interest	$0
TOTAL EQUITY	$417M
TOTAL LIABILITIES & EQUITY	$917M
Total Debt	$321M
Net Debt	$299M