OSIS FY 2009 Earnings Report — OSI Systems, Inc. Revenue & Financial Results | Market Cap Arena

OSI Systems, Inc.OSIS

FY 2009 Earnings

Reported August 28, 2009

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2009	Prior Q	FY 2008	QoQ Change	YoY Change
Revenue	$590M	—	$623M	—	-5.3%
Op. Income	$20M	—	$19M	—	3.1%
Gross Margin	34.1%	—	35.2%	—	-1.0pp
Net Margin	1.9%	—	2.2%	—	-0.3pp
EPS (Diluted)	$0.63	—	$0.78	—	-19.2%
Free Cash Flow	$30M	—	-$15M	—	296.9%

Revenue Flow

Item	Amount
REVENUE	$590M
Cost of Revenue	$389M
GROSS PROFIT	$201M
R&D Expenses	$37M
Selling & Marketing	$0
General & Administrative	$138M
SG&A Expenses	$138M
Other Expenses	$0
Operating Expenses	$175M
Cost & Expenses	$564M
OPERATING INCOME	$20M
Interest Income	$0
Interest Expense	$3M
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$17M
Income Tax Expense	$5M
Net Income from Continuing Ops	$11M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$11M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$11M
D&A	$18M
EBIT	$27M
EBITDA	$52M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$590M
Cost of Revenue	$389M
GROSS PROFIT	$201M
R&D Expenses	$37M
Selling & Marketing	$0
General & Administrative	$138M
SG&A Expenses	$138M
Other Expenses	$0
Operating Expenses	$175M
Cost & Expenses	$564M
OPERATING INCOME	$20M
Interest Income	$0
Interest Expense	$3M
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$17M
Income Tax Expense	$5M
Net Income from Continuing Ops	$11M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$11M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$11M
D&A	$18M
EBIT	$27M
EBITDA	$52M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$11M
Depreciation & Amortization	$18M
Stock-Based Compensation	$5M
Deferred Income Tax	-$2M
Other Non-Cash Items	$4M
Change in Working Capital	$8M
OPERATING CASH FLOW	$45M
Capital Expenditure	-$14M
Acquisitions (Net)	$0
Purchases of Investments	-$407.0K
Sales/Maturities of Investments	$0
Other Investing Activities	$2M
NET CASH FROM INVESTING	-$12M
Net Debt Issuance	-$21M
Common Stock Repurchased	-$7M
Common Dividends Paid	$0
Other Financing Activities	$4M
NET CASH FROM FINANCING	-$25M
FREE CASH FLOW	$30M
Net Change in Cash	$7M

Balance Sheet

Item	Amount
Cash & Equivalents	$25M
Short-Term Investments	$0
Net Receivables	$113M
Inventory	$151M
Other Current Assets	$34M
TOTAL CURRENT ASSETS	$323M
PP&E (Net)	$42M
Goodwill	$60M
Intangible Assets	$32M
Long-Term Investments	-$20M
Tax Assets	$20M
Other Non-Current Assets	$17M
TOTAL NON-CURRENT ASSETS	$152M
TOTAL ASSETS	$475M
Account Payables	$55M
Short-Term Debt	$13M
Deferred Revenue	$9M
Other Current Liabilities	$22M
TOTAL CURRENT LIABILITIES	$136M
Long-Term Debt	$40M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$23M
TOTAL NON-CURRENT LIABILITIES	$63M
TOTAL LIABILITIES	$199M
Common Stock	$225M
Additional Paid-In Capital	$225M
Retained Earnings	$53M
Treasury Stock	$0
Accum. Other Comp. Income	-$2M
Other Equity	-$225M
TOTAL STOCKHOLDERS' EQUITY	$276M
Minority Interest	$0
TOTAL EQUITY	$276M
TOTAL LIABILITIES & EQUITY	$475M
Total Debt	$52M
Net Debt	$27M