PLAY FY 2017 Earnings Report — Dave & Buster's Entertainment, Inc. Revenue & Financial Results | Market Cap Arena

Dave & Buster's Entertainment, Inc.PLAY

FY 2017 Earnings

Reported April 3, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$1.1B	—	$1.0B	—	13.4%
Op. Income	$166M	—	$151M	—	10.1%
Gross Margin	82.7%	—	82.1%	—	0.7pp
Net Margin	10.6%	—	9.0%	—	1.6pp
EPS (Diluted)	$2.84	—	$2.10	—	35.2%
Free Cash Flow	$45M	—	$51M	—	-11.8%

Revenue Flow

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$197M
GROSS PROFIT	$943M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$316M
SG&A Expenses	$316M
Other Expenses	$461M
Operating Expenses	$777M
Cost & Expenses	$974M
OPERATING INCOME	$166M
Interest Income	$224.0K
Interest Expense	$9M
Other Income/Expenses	-$9M
INCOME BEFORE TAX	$156M
Income Tax Expense	$35M
Net Income from Continuing Ops	$121M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$121M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$121M
D&A	$103M
EBIT	$164M
EBITDA	$267M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$197M
GROSS PROFIT	$943M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$316M
SG&A Expenses	$316M
Other Expenses	$461M
Operating Expenses	$777M
Cost & Expenses	$974M
OPERATING INCOME	$166M
Interest Income	$224.0K
Interest Expense	$9M
Other Income/Expenses	-$9M
INCOME BEFORE TAX	$156M
Income Tax Expense	$35M
Net Income from Continuing Ops	$121M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$121M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$121M
D&A	$103M
EBIT	$164M
EBITDA	$267M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$121M
Depreciation & Amortization	$103M
Stock-Based Compensation	$9M
Deferred Income Tax	-$9M
Other Non-Cash Items	$3M
Change in Working Capital	$37M
OPERATING CASH FLOW	$265M
Capital Expenditure	-$220M
Acquisitions (Net)	$78.0K
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$3M
NET CASH FROM INVESTING	-$217M
Net Debt Issuance	$103M
Common Stock Repurchased	-$152M
Common Dividends Paid	$0
Other Financing Activities	$76.0K
NET CASH FROM FINANCING	-$49M
FREE CASH FLOW	$45M
Net Change in Cash	-$1M

Balance Sheet

Item	Amount
Cash & Equivalents	$19M
Short-Term Investments	$0
Net Receivables	$20M
Inventory	$28M
Other Current Assets	$10M
TOTAL CURRENT ASSETS	$95M
PP&E (Net)	$726M
Goodwill	$273M
Intangible Assets	$79M
Long-Term Investments	$0
Tax Assets	$8M
Other Non-Current Assets	$16M
TOTAL NON-CURRENT ASSETS	$1.1B
TOTAL ASSETS	$1.2B
Account Payables	$55M
Short-Term Debt	$15M
Deferred Revenue	$45M
Other Current Liabilities	$20M
TOTAL CURRENT LIABILITIES	$208M
Long-Term Debt	$351M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$10M
Other Non-Current Liabilities	$206M
TOTAL NON-CURRENT LIABILITIES	$568M
TOTAL LIABILITIES	$775M
Common Stock	$427.0K
Additional Paid-In Capital	$320M
Retained Earnings	$248M
Treasury Stock	-$147M
Accum. Other Comp. Income	-$249.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$422M
Minority Interest	$0
TOTAL EQUITY	$422M
TOTAL LIABILITIES & EQUITY	$1.2B
Total Debt	$366M
Net Debt	$347M