PLCE FY 2010 Earnings Report — The Children's Place, Inc. Revenue & Financial Results | Market Cap Arena

The Children's Place, Inc.PLCE

FY 2010 Earnings

Reported March 28, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2010	Prior Q	FY 2009	QoQ Change	YoY Change
Revenue	$1.7B	—	$1.6B	—	1.9%
Op. Income	$139M	—	$132M	—	5.1%
Gross Margin	35.3%	—	35.8%	—	-0.4pp
Net Margin	5.0%	—	5.4%	—	-0.4pp
EPS (Diluted)	$3.03	—	$3.08	—	-1.6%
Free Cash Flow	$91M	—	$93M	—	-2.6%

Revenue Flow

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$1.1B
GROSS PROFIT	$592M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$452M
Other Expenses	$0
Operating Expenses	$452M
Cost & Expenses	$1.5B
OPERATING INCOME	$139M
Interest Income	$639.0K
Interest Expense	$2M
Other Income/Expenses	-$4M
INCOME BEFORE TAX	$135M
Income Tax Expense	$51M
Net Income from Continuing Ops	$84M
Net Income from Discontinued Ops	$0
Other Adjustments	-$463.0K
NET INCOME	$83M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$83M
D&A	$72M
EBIT	$137M
EBITDA	$209M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$1.1B
GROSS PROFIT	$592M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$452M
Other Expenses	$0
Operating Expenses	$452M
Cost & Expenses	$1.5B
OPERATING INCOME	$139M
Interest Income	$639.0K
Interest Expense	$2M
Other Income/Expenses	-$4M
INCOME BEFORE TAX	$135M
Income Tax Expense	$51M
Net Income from Continuing Ops	$84M
Net Income from Discontinued Ops	$0
Other Adjustments	-$463.0K
NET INCOME	$83M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$83M
D&A	$72M
EBIT	$137M
EBITDA	$209M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$84M
Depreciation & Amortization	$72M
Stock-Based Compensation	$8M
Deferred Income Tax	$24M
Other Non-Cash Items	-$13M
Change in Working Capital	$4M
OPERATING CASH FLOW	$175M
Capital Expenditure	-$84M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$373.0K
NET CASH FROM INVESTING	-$84M
Net Debt Issuance	$0
Common Stock Repurchased	-$91M
Common Dividends Paid	$0
Other Financing Activities	$13M
NET CASH FROM FINANCING	-$78M
FREE CASH FLOW	$91M
Net Change in Cash	$15M

Balance Sheet

Item	Amount
Cash & Equivalents	$186M
Short-Term Investments	$0
Net Receivables	$16M
Inventory	$211M
Other Current Assets	$18M
TOTAL CURRENT ASSETS	$478M
PP&E (Net)	$321M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$52M
Other Non-Current Assets	$4M
TOTAL NON-CURRENT ASSETS	$377M
TOTAL ASSETS	$854M
Account Payables	$51M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$58M
TOTAL CURRENT LIABILITIES	$130M
Long-Term Debt	$0
Deferred Revenue NC	$94M
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$22M
TOTAL NON-CURRENT LIABILITIES	$116M
TOTAL LIABILITIES	$247M
Common Stock	$3M
Additional Paid-In Capital	$210M
Retained Earnings	$382M
Treasury Stock	$0
Accum. Other Comp. Income	$13M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$608M
Minority Interest	$0
TOTAL EQUITY	$608M
TOTAL LIABILITIES & EQUITY	$854M
Total Debt	$0
Net Debt	-$186M