OSIS FY 2012 Earnings Report — OSI Systems, Inc. Revenue & Financial Results | Market Cap Arena

OSI Systems, Inc.OSIS

FY 2012 Earnings

Reported August 13, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$793M	—	$656M	—	20.9%
Op. Income	$66M	—	$48M	—	38.1%
Gross Margin	33.9%	—	36.5%	—	-2.6pp
Net Margin	5.7%	—	5.1%	—	0.6pp
EPS (Diluted)	$2.24	—	$1.71	—	31.0%
Free Cash Flow	$47M	—	$22M	—	111.1%

Revenue Flow

Item	Amount
REVENUE	$793M
Cost of Revenue	$524M
GROSS PROFIT	$269M
R&D Expenses	$50M
Selling & Marketing	$0
General & Administrative	$152M
SG&A Expenses	$152M
Other Expenses	$1M
Operating Expenses	$201M
Cost & Expenses	$726M
OPERATING INCOME	$66M
Interest Income	$0
Interest Expense	$4M
Other Income/Expenses	-$4M
INCOME BEFORE TAX	$62M
Income Tax Expense	$16M
Net Income from Continuing Ops	$46M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$46M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$46M
D&A	$20M
EBIT	$66M
EBITDA	$86M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$793M
Cost of Revenue	$524M
GROSS PROFIT	$269M
R&D Expenses	$50M
Selling & Marketing	$0
General & Administrative	$152M
SG&A Expenses	$152M
Other Expenses	$1M
Operating Expenses	$201M
Cost & Expenses	$726M
OPERATING INCOME	$66M
Interest Income	$0
Interest Expense	$4M
Other Income/Expenses	-$4M
INCOME BEFORE TAX	$62M
Income Tax Expense	$16M
Net Income from Continuing Ops	$46M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$46M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$46M
D&A	$20M
EBIT	$66M
EBITDA	$86M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$46M
Depreciation & Amortization	$20M
Stock-Based Compensation	$9M
Deferred Income Tax	-$941.0K
Other Non-Cash Items	$3M
Change in Working Capital	$44M
OPERATING CASH FLOW	$121M
Capital Expenditure	-$73M
Acquisitions (Net)	-$8M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$18M
NET CASH FROM INVESTING	-$81M
Net Debt Issuance	-$217.0K
Common Stock Repurchased	-$4M
Common Dividends Paid	$0
Other Financing Activities	$2M
NET CASH FROM FINANCING	-$2M
FREE CASH FLOW	$47M
Net Change in Cash	$36M

Balance Sheet

Item	Amount
Cash & Equivalents	$91M
Short-Term Investments	$0
Net Receivables	$157M
Inventory	$195M
Other Current Assets	$40M
TOTAL CURRENT ASSETS	$483M
PP&E (Net)	$112M
Goodwill	$82M
Intangible Assets	$38M
Long-Term Investments	-$251M
Tax Assets	$19M
Other Non-Current Assets	$267M
TOTAL NON-CURRENT ASSETS	$267M
TOTAL ASSETS	$750M
Account Payables	$56M
Short-Term Debt	$215.0K
Deferred Revenue	$43M
Other Current Liabilities	$59M
TOTAL CURRENT LIABILITIES	$161M
Long-Term Debt	$2M
Deferred Revenue NC	$100M
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$153M
TOTAL NON-CURRENT LIABILITIES	$155M
TOTAL LIABILITIES	$316M
Common Stock	$283M
Additional Paid-In Capital	$0
Retained Earnings	$156M
Treasury Stock	$0
Accum. Other Comp. Income	-$4M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$434M
Minority Interest	$0
TOTAL EQUITY	$434M
TOTAL LIABILITIES & EQUITY	$750M
Total Debt	$2M
Net Debt	-$89M