PLCE FY 2005 Earnings Report — The Children's Place, Inc. Revenue & Financial Results | Market Cap Arena

The Children's Place, Inc.PLCE

FY 2005 Earnings

Reported April 11, 2006

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2005	Prior Q	FY 2004	QoQ Change	YoY Change
Revenue	$1.7B	—	—	—	—
Op. Income	$93M	—	—	—	—
Gross Margin	36.4%	—	—	—	—
Net Margin	3.9%	—	—	—	—
EPS (Diluted)	$2.09	—	—	—	—
Free Cash Flow	$27M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$1.1B
GROSS PROFIT	$607M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$514M
Other Expenses	$0
Operating Expenses	$514M
Cost & Expenses	$1.6B
OPERATING INCOME	$93M
Interest Income	$3M
Interest Expense	$2M
Other Income/Expenses	$319.0K
INCOME BEFORE TAX	$103M
Income Tax Expense	$39M
Net Income from Continuing Ops	$58M
Net Income from Discontinued Ops	$0
Other Adjustments	$2M
NET INCOME	$66M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$58M
D&A	$53M
EBIT	$96M
EBITDA	$149M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$1.1B
GROSS PROFIT	$607M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$514M
Other Expenses	$0
Operating Expenses	$514M
Cost & Expenses	$1.6B
OPERATING INCOME	$93M
Interest Income	$3M
Interest Expense	$2M
Other Income/Expenses	$319.0K
INCOME BEFORE TAX	$103M
Income Tax Expense	$39M
Net Income from Continuing Ops	$58M
Net Income from Discontinued Ops	$0
Other Adjustments	$2M
NET INCOME	$66M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$58M
D&A	$53M
EBIT	$96M
EBITDA	$149M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$66M
Depreciation & Amortization	$53M
Stock-Based Compensation	$0
Deferred Income Tax	-$37M
Other Non-Cash Items	$18M
Change in Working Capital	$21M
OPERATING CASH FLOW	$116M
Capital Expenditure	-$89M
Acquisitions (Net)	$2M
Purchases of Investments	-$53M
Sales/Maturities of Investments	$53M
Other Investing Activities	-$2M
NET CASH FROM INVESTING	-$89M
Net Debt Issuance	-$37M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	-$21M
FREE CASH FLOW	$27M
Net Change in Cash	$8M

Balance Sheet

Item	Amount
Cash & Equivalents	$173M
Short-Term Investments	$0
Net Receivables	$29M
Inventory	$214M
Other Current Assets	$14M
TOTAL CURRENT ASSETS	$460M
PP&E (Net)	$249M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$50M
Other Non-Current Assets	$5M
TOTAL NON-CURRENT ASSETS	$304M
TOTAL ASSETS	$757M
Account Payables	$82M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$61M
TOTAL CURRENT LIABILITIES	$226M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$6M
TOTAL NON-CURRENT LIABILITIES	$138M
TOTAL LIABILITIES	$364M
Common Stock	$3M
Additional Paid-In Capital	$147M
Retained Earnings	$239M
Treasury Stock	$0
Accum. Other Comp. Income	$7M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$393M
Minority Interest	$0
TOTAL EQUITY	$393M
TOTAL LIABILITIES & EQUITY	$757M
Total Debt	$0
Net Debt	-$173M