OSIS FY 2016 Earnings Report — OSI Systems, Inc. Revenue & Financial Results | Market Cap Arena

OSI Systems, Inc.OSIS

FY 2016 Earnings

Reported August 19, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$830M	—	$958M	—	-13.4%
Op. Income	$38M	—	$92M	—	-58.3%
Gross Margin	33.4%	—	34.0%	—	-0.6pp
Net Margin	3.2%	—	6.8%	—	-3.6pp
EPS (Diluted)	$1.30	—	$3.17	—	-59.0%
Free Cash Flow	$36M	—	$84M	—	-57.3%

Revenue Flow

Item	Amount
REVENUE	$830M
Cost of Revenue	$553M
GROSS PROFIT	$277M
R&D Expenses	$50M
Selling & Marketing	$0
General & Administrative	$167M
SG&A Expenses	$167M
Other Expenses	$0
Operating Expenses	$216M
Cost & Expenses	$769M
OPERATING INCOME	$38M
Interest Income	$0
Interest Expense	$3M
Other Income/Expenses	-$3M
INCOME BEFORE TAX	$35M
Income Tax Expense	$9M
Net Income from Continuing Ops	$26M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$26M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$26M
D&A	$58M
EBIT	$38M
EBITDA	$118M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$830M
Cost of Revenue	$553M
GROSS PROFIT	$277M
R&D Expenses	$50M
Selling & Marketing	$0
General & Administrative	$167M
SG&A Expenses	$167M
Other Expenses	$0
Operating Expenses	$216M
Cost & Expenses	$769M
OPERATING INCOME	$38M
Interest Income	$0
Interest Expense	$3M
Other Income/Expenses	-$3M
INCOME BEFORE TAX	$35M
Income Tax Expense	$9M
Net Income from Continuing Ops	$26M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$26M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$26M
D&A	$58M
EBIT	$38M
EBITDA	$118M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$26M
Depreciation & Amortization	$58M
Stock-Based Compensation	$21M
Deferred Income Tax	-$13M
Other Non-Cash Items	$12M
Change in Working Capital	-$44M
OPERATING CASH FLOW	$59M
Capital Expenditure	-$24M
Acquisitions (Net)	-$20M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$6M
NET CASH FROM INVESTING	-$43M
Net Debt Issuance	$123M
Common Stock Repurchased	-$73M
Common Dividends Paid	$0
Other Financing Activities	-$14M
NET CASH FROM FINANCING	$42M
FREE CASH FLOW	$36M
Net Change in Cash	$57M

Balance Sheet

Item	Amount
Cash & Equivalents	$104M
Short-Term Investments	$0
Net Receivables	$142M
Inventory	$273M
Other Current Assets	$36M
TOTAL CURRENT ASSETS	$555M
PP&E (Net)	$183M
Goodwill	$123M
Intangible Assets	$56M
Long-Term Investments	-$391M
Tax Assets	$29M
Other Non-Current Assets	$436M
TOTAL NON-CURRENT ASSETS	$436M
TOTAL ASSETS	$992M
Account Payables	$69M
Short-Term Debt	$128M
Deferred Revenue	$85M
Other Current Liabilities	$111M
TOTAL CURRENT LIABILITIES	$368M
Long-Term Debt	$6M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$29M
Other Non-Current Liabilities	$48M
TOTAL NON-CURRENT LIABILITIES	$83M
TOTAL LIABILITIES	$451M
Common Stock	$219M
Additional Paid-In Capital	$0
Retained Earnings	$339M
Treasury Stock	$0
Accum. Other Comp. Income	-$17M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$541M
Minority Interest	$0
TOTAL EQUITY	$541M
TOTAL LIABILITIES & EQUITY	$992M
Total Debt	$134M
Net Debt	$29M