PLAY FY 2016 Earnings Report — Dave & Buster's Entertainment, Inc. Revenue & Financial Results | Market Cap Arena

Dave & Buster's Entertainment, Inc.PLAY

FY 2016 Earnings

Reported March 28, 2017

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	$1.0B	—	$867M	—	15.9%
Op. Income	$151M	—	$110M	—	36.8%
Gross Margin	82.1%	—	81.2%	—	0.8pp
Net Margin	9.0%	—	6.9%	—	2.2pp
EPS (Diluted)	$2.10	—	$1.39	—	51.1%
Free Cash Flow	$51M	—	$24M	—	110.7%

Revenue Flow

Item	Amount
REVENUE	$1.0B
Cost of Revenue	$180M
GROSS PROFIT	$825M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$283M
SG&A Expenses	$283M
Other Expenses	$391M
Operating Expenses	$674M
Cost & Expenses	$855M
OPERATING INCOME	$151M
Interest Income	$271.0K
Interest Expense	$7M
Other Income/Expenses	-$7M
INCOME BEFORE TAX	$144M
Income Tax Expense	$53M
Net Income from Continuing Ops	$91M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$91M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$91M
D&A	$88M
EBIT	$150M
EBITDA	$238M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.0B
Cost of Revenue	$180M
GROSS PROFIT	$825M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$283M
SG&A Expenses	$283M
Other Expenses	$391M
Operating Expenses	$674M
Cost & Expenses	$855M
OPERATING INCOME	$151M
Interest Income	$271.0K
Interest Expense	$7M
Other Income/Expenses	-$7M
INCOME BEFORE TAX	$144M
Income Tax Expense	$53M
Net Income from Continuing Ops	$91M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$91M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$91M
D&A	$88M
EBIT	$150M
EBITDA	$238M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$91M
Depreciation & Amortization	$88M
Stock-Based Compensation	$6M
Deferred Income Tax	$7M
Other Non-Cash Items	-$16M
Change in Working Capital	$56M
OPERATING CASH FLOW	$231M
Capital Expenditure	-$181M
Acquisitions (Net)	$20M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$21M
NET CASH FROM INVESTING	-$159M
Net Debt Issuance	-$74M
Common Stock Repurchased	-$29M
Common Dividends Paid	$0
Other Financing Activities	$25M
NET CASH FROM FINANCING	-$77M
FREE CASH FLOW	$51M
Net Change in Cash	-$5M

Balance Sheet

Item	Amount
Cash & Equivalents	$20M
Short-Term Investments	$0
Net Receivables	$6M
Inventory	$22M
Other Current Assets	$12M
TOTAL CURRENT ASSETS	$76M
PP&E (Net)	$607M
Goodwill	$273M
Intangible Assets	$79M
Long-Term Investments	$0
Tax Assets	$2M
Other Non-Current Assets	$16M
TOTAL NON-CURRENT ASSETS	$977M
TOTAL ASSETS	$1.1B
Account Payables	$55M
Short-Term Debt	$8M
Deferred Revenue	$38M
Other Current Liabilities	$21M
TOTAL CURRENT LIABILITIES	$178M
Long-Term Debt	$257M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$14M
Other Non-Current Liabilities	$164M
TOTAL NON-CURRENT LIABILITIES	$435M
TOTAL LIABILITIES	$613M
Common Stock	$425.0K
Additional Paid-In Capital	$310M
Retained Earnings	$144M
Treasury Stock	-$15M
Accum. Other Comp. Income	-$723.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$439M
Minority Interest	$0
TOTAL EQUITY	$439M
TOTAL LIABILITIES & EQUITY	$1.1B
Total Debt	$264M
Net Debt	$244M