PLCE FY 2011 Earnings Report — The Children's Place, Inc. Revenue & Financial Results | Market Cap Arena

The Children's Place, Inc.PLCE

FY 2011 Earnings

Reported March 23, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$1.7B	—	$1.7B	—	2.5%
Op. Income	$112M	—	$139M	—	-19.3%
Gross Margin	34.3%	—	35.3%	—	-1.0pp
Net Margin	4.5%	—	5.0%	—	-0.5pp
EPS (Diluted)	$3.01	—	$3.03	—	-0.7%
Free Cash Flow	$76M	—	$91M	—	-15.7%

Revenue Flow

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$1.1B
GROSS PROFIT	$589M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$471M
Other Expenses	-$6M
Operating Expenses	$477M
Cost & Expenses	$1.6B
OPERATING INCOME	$112M
Interest Income	$966.0K
Interest Expense	$2M
Other Income/Expenses	-$3M
INCOME BEFORE TAX	$109M
Income Tax Expense	$32M
Net Income from Continuing Ops	$77M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$77M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$77M
D&A	$75M
EBIT	$111M
EBITDA	$186M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$1.1B
GROSS PROFIT	$589M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$471M
Other Expenses	-$6M
Operating Expenses	$477M
Cost & Expenses	$1.6B
OPERATING INCOME	$112M
Interest Income	$966.0K
Interest Expense	$2M
Other Income/Expenses	-$3M
INCOME BEFORE TAX	$109M
Income Tax Expense	$32M
Net Income from Continuing Ops	$77M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$77M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$77M
D&A	$75M
EBIT	$111M
EBITDA	$186M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$77M
Depreciation & Amortization	$75M
Stock-Based Compensation	$9M
Deferred Income Tax	$2M
Other Non-Cash Items	-$12M
Change in Working Capital	$7M
OPERATING CASH FLOW	$156M
Capital Expenditure	-$80M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$2M
NET CASH FROM INVESTING	-$78M
Net Debt Issuance	$0
Common Stock Repurchased	-$92M
Common Dividends Paid	$0
Other Financing Activities	$7M
NET CASH FROM FINANCING	-$85M
FREE CASH FLOW	$76M
Net Change in Cash	-$7M

Balance Sheet

Item	Amount
Cash & Equivalents	$177M
Short-Term Investments	$0
Net Receivables	$17M
Inventory	$213M
Other Current Assets	$17M
TOTAL CURRENT ASSETS	$473M
PP&E (Net)	$324M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$49M
Other Non-Current Assets	$4M
TOTAL NON-CURRENT ASSETS	$377M
TOTAL ASSETS	$851M
Account Payables	$56M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$61M
TOTAL CURRENT LIABILITIES	$132M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$15M
TOTAL NON-CURRENT LIABILITIES	$110M
TOTAL LIABILITIES	$241M
Common Stock	$2M
Additional Paid-In Capital	$210M
Retained Earnings	$384M
Treasury Stock	-$598.0K
Accum. Other Comp. Income	$13M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$609M
Minority Interest	$0
TOTAL EQUITY	$609M
TOTAL LIABILITIES & EQUITY	$851M
Total Debt	$0
Net Debt	-$177M