OLLI FY 2018 Earnings Report — Ollie's Bargain Outlet Holdings, Inc. Revenue & Financial Results | Market Cap Arena

Ollie's Bargain Outlet Holdings, Inc.OLLI

FY 2018 Earnings

Reported March 29, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$1.2B	—	$1.1B	—	15.3%
Op. Income	$162M	—	$136M	—	19.4%
Gross Margin	40.1%	—	40.1%	—	0.0pp
Net Margin	10.9%	—	11.8%	—	-1.0pp
EPS (Diluted)	$2.05	—	$1.96	—	4.6%
Free Cash Flow	$52M	—	$77M	—	-32.3%

Revenue Flow

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$744M
GROSS PROFIT	$498M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$313M
Other Expenses	$23M
Operating Expenses	$336M
Cost & Expenses	$1.1B
OPERATING INCOME	$162M
Interest Income	$0
Interest Expense	$1M
Other Income/Expenses	-$1M
INCOME BEFORE TAX	$161M
Income Tax Expense	$26M
Net Income from Continuing Ops	$135M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$135M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$135M
D&A	$14M
EBIT	$173M
EBITDA	$176M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$744M
GROSS PROFIT	$498M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$313M
Other Expenses	$23M
Operating Expenses	$336M
Cost & Expenses	$1.1B
OPERATING INCOME	$162M
Interest Income	$0
Interest Expense	$1M
Other Income/Expenses	-$1M
INCOME BEFORE TAX	$161M
Income Tax Expense	$26M
Net Income from Continuing Ops	$135M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$135M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$135M
D&A	$14M
EBIT	$173M
EBITDA	$176M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$135M
Depreciation & Amortization	$14M
Stock-Based Compensation	$7M
Deferred Income Tax	-$2M
Other Non-Cash Items	$2M
Change in Working Capital	-$31M
OPERATING CASH FLOW	$126M
Capital Expenditure	-$74M
Acquisitions (Net)	$330.0K
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$330.0K
NET CASH FROM INVESTING	-$74M
Net Debt Issuance	-$49M
Common Stock Repurchased	-$702.0K
Common Dividends Paid	$0
Other Financing Activities	$9M
NET CASH FROM FINANCING	-$40M
FREE CASH FLOW	$52M
Net Change in Cash	$13M

Balance Sheet

Item	Amount
Cash & Equivalents	$52M
Short-Term Investments	$0
Net Receivables	$570.0K
Inventory	$296M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$358M
PP&E (Net)	$119M
Goodwill	$445M
Intangible Assets	$232M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$4M
TOTAL NON-CURRENT ASSETS	$801M
TOTAL ASSETS	$1.2B
Account Payables	$77M
Short-Term Debt	$0
Deferred Revenue	$11M
Other Current Liabilities	$32M
TOTAL CURRENT LIABILITIES	$151M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$56M
Other Non-Current Liabilities	$9M
TOTAL NON-CURRENT LIABILITIES	$65M
TOTAL LIABILITIES	$216M
Common Stock	$63.0K
Additional Paid-In Capital	$600M
Retained Earnings	$342M
Treasury Stock	-$86.0K
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$943M
Minority Interest	$0
TOTAL EQUITY	$943M
TOTAL LIABILITIES & EQUITY	$1.2B
Total Debt	$679.0K
Net Debt	-$51M