PLAY FY 2015 Earnings Report — Dave & Buster's Entertainment, Inc. Revenue & Financial Results | Market Cap Arena

Dave & Buster's Entertainment, Inc.PLAY

FY 2015 Earnings

Reported March 29, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$867M	—	$747M	—	16.1%
Op. Income	$110M	—	$74M	—	49.0%
Gross Margin	81.2%	—	80.4%	—	0.8pp
Net Margin	6.9%	—	1.0%	—	5.9pp
EPS (Diluted)	$1.39	—	$0.21	—	561.9%
Free Cash Flow	$24M	—	-$43M	—	156.1%

Revenue Flow

Item	Amount
REVENUE	$867M
Cost of Revenue	$163M
GROSS PROFIT	$704M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$254M
SG&A Expenses	$254M
Other Expenses	$340M
Operating Expenses	$594M
Cost & Expenses	$757M
OPERATING INCOME	$110M
Interest Income	$308.0K
Interest Expense	$12M
Other Income/Expenses	-$18M
INCOME BEFORE TAX	$92M
Income Tax Expense	$32M
Net Income from Continuing Ops	$60M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$60M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$60M
D&A	$79M
EBIT	$102M
EBITDA	$181M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$867M
Cost of Revenue	$163M
GROSS PROFIT	$704M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$254M
SG&A Expenses	$254M
Other Expenses	$340M
Operating Expenses	$594M
Cost & Expenses	$757M
OPERATING INCOME	$110M
Interest Income	$308.0K
Interest Expense	$12M
Other Income/Expenses	-$18M
INCOME BEFORE TAX	$92M
Income Tax Expense	$32M
Net Income from Continuing Ops	$60M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$60M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$60M
D&A	$79M
EBIT	$102M
EBITDA	$181M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$60M
Depreciation & Amortization	$79M
Stock-Based Compensation	$4M
Deferred Income Tax	$8M
Other Non-Cash Items	-$7M
Change in Working Capital	$44M
OPERATING CASH FLOW	$187M
Capital Expenditure	-$163M
Acquisitions (Net)	$132.0K
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$1M
NET CASH FROM INVESTING	-$162M
Net Debt Issuance	-$92M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$20M
NET CASH FROM FINANCING	-$71M
FREE CASH FLOW	$24M
Net Change in Cash	-$45M

Balance Sheet

Item	Amount
Cash & Equivalents	$25M
Short-Term Investments	$0
Net Receivables	$4M
Inventory	$20M
Other Current Assets	$48M
TOTAL CURRENT ASSETS	$110M
PP&E (Net)	$524M
Goodwill	$273M
Intangible Assets	$81M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$16M
TOTAL NON-CURRENT ASSETS	$894M
TOTAL ASSETS	$1.0B
Account Payables	$43M
Short-Term Debt	$8M
Deferred Revenue	$32M
Other Current Liabilities	$25M
TOTAL CURRENT LIABILITIES	$157M
Long-Term Debt	$330M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$35M
Other Non-Current Liabilities	$135M
TOTAL NON-CURRENT LIABILITIES	$501M
TOTAL LIABILITIES	$657M
Common Stock	$416.0K
Additional Paid-In Capital	$281M
Retained Earnings	$66M
Treasury Stock	$0
Accum. Other Comp. Income	-$970.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$346M
Minority Interest	$0
TOTAL EQUITY	$346M
TOTAL LIABILITIES & EQUITY	$1.0B
Total Debt	$337M
Net Debt	$312M