PLCE FY 2012 Earnings Report — The Children's Place, Inc. Revenue & Financial Results | Market Cap Arena

The Children's Place, Inc.PLCE

FY 2012 Earnings

Reported March 28, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$1.8B	—	$1.7B	—	5.5%
Op. Income	$107M	—	$112M	—	-4.6%
Gross Margin	33.9%	—	34.3%	—	-0.4pp
Net Margin	3.5%	—	4.5%	—	-1.0pp
EPS (Diluted)	$2.58	—	$3.01	—	-14.3%
Free Cash Flow	$115M	—	$76M	—	50.5%

Revenue Flow

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$1.2B
GROSS PROFIT	$614M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$507M
Other Expenses	$0
Operating Expenses	$507M
Cost & Expenses	$1.7B
OPERATING INCOME	$107M
Interest Income	$988.0K
Interest Expense	$1M
Other Income/Expenses	-$17M
INCOME BEFORE TAX	$89M
Income Tax Expense	$26M
Net Income from Continuing Ops	$63M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$63M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$63M
D&A	$77M
EBIT	$91M
EBITDA	$168M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$1.2B
GROSS PROFIT	$614M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$507M
Other Expenses	$0
Operating Expenses	$507M
Cost & Expenses	$1.7B
OPERATING INCOME	$107M
Interest Income	$988.0K
Interest Expense	$1M
Other Income/Expenses	-$17M
INCOME BEFORE TAX	$89M
Income Tax Expense	$26M
Net Income from Continuing Ops	$63M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$63M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$63M
D&A	$77M
EBIT	$91M
EBITDA	$168M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$63M
Depreciation & Amortization	$77M
Stock-Based Compensation	$14M
Deferred Income Tax	$2M
Other Non-Cash Items	-$9M
Change in Working Capital	$57M
OPERATING CASH FLOW	$205M
Capital Expenditure	-$90M
Acquisitions (Net)	$0
Purchases of Investments	-$15M
Sales/Maturities of Investments	$0
Other Investing Activities	-$38.0K
NET CASH FROM INVESTING	-$105M
Net Debt Issuance	$0
Common Stock Repurchased	-$89M
Common Dividends Paid	$0
Other Financing Activities	$7M
NET CASH FROM FINANCING	-$82M
FREE CASH FLOW	$115M
Net Change in Cash	$17M

Balance Sheet

Item	Amount
Cash & Equivalents	$194M
Short-Term Investments	$15M
Net Receivables	$18M
Inventory	$267M
Other Current Assets	$51M
TOTAL CURRENT ASSETS	$545M
PP&E (Net)	$330M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$44M
Other Non-Current Assets	$4M
TOTAL NON-CURRENT ASSETS	$378M
TOTAL ASSETS	$923M
Account Payables	$87M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$73M
TOTAL CURRENT LIABILITIES	$192M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$18M
TOTAL NON-CURRENT LIABILITIES	$111M
TOTAL LIABILITIES	$302M
Common Stock	$2M
Additional Paid-In Capital	$216M
Retained Earnings	$390M
Treasury Stock	-$1M
Accum. Other Comp. Income	$14M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$621M
Minority Interest	$0
TOTAL EQUITY	$621M
TOTAL LIABILITIES & EQUITY	$923M
Total Debt	$0
Net Debt	-$194M