PLCE FY 2014 Earnings Report — The Children's Place, Inc. Revenue & Financial Results | Market Cap Arena

The Children's Place, Inc.PLCE

FY 2014 Earnings

Reported March 26, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2014	Prior Q	FY 2013	QoQ Change	YoY Change
Revenue	$1.8B	—	$1.8B	—	-0.3%
Op. Income	$91M	—	$105M	—	-13.2%
Gross Margin	31.9%	—	33.5%	—	-1.6pp
Net Margin	3.2%	—	3.0%	—	0.2pp
EPS (Diluted)	$2.59	—	$2.32	—	11.6%
Free Cash Flow	$89M	—	$101M	—	-11.6%

Revenue Flow

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$1.2B
GROSS PROFIT	$562M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$471M
Other Expenses	$0
Operating Expenses	$471M
Cost & Expenses	$1.7B
OPERATING INCOME	$91M
Interest Income	$1M
Interest Expense	$1M
Other Income/Expenses	-$11M
INCOME BEFORE TAX	$80M
Income Tax Expense	$23M
Net Income from Continuing Ops	$57M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$57M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$57M
D&A	$60M
EBIT	$81M
EBITDA	$142M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$1.2B
GROSS PROFIT	$562M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$471M
Other Expenses	$0
Operating Expenses	$471M
Cost & Expenses	$1.7B
OPERATING INCOME	$91M
Interest Income	$1M
Interest Expense	$1M
Other Income/Expenses	-$11M
INCOME BEFORE TAX	$80M
Income Tax Expense	$23M
Net Income from Continuing Ops	$57M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$57M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$57M
D&A	$60M
EBIT	$81M
EBITDA	$142M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$57M
Depreciation & Amortization	$60M
Stock-Based Compensation	$18M
Deferred Income Tax	$6M
Other Non-Cash Items	$4M
Change in Working Capital	$16M
OPERATING CASH FLOW	$161M
Capital Expenditure	-$72M
Acquisitions (Net)	$0
Purchases of Investments	-$81M
Sales/Maturities of Investments	$92M
Other Investing Activities	$5.0K
NET CASH FROM INVESTING	-$62M
Net Debt Issuance	$0
Common Stock Repurchased	-$76M
Common Dividends Paid	-$11M
Other Financing Activities	$17.0K
NET CASH FROM FINANCING	-$88M
FREE CASH FLOW	$89M
Net Change in Cash	-$706.0K

Balance Sheet

Item	Amount
Cash & Equivalents	$173M
Short-Term Investments	$52M
Net Receivables	$32M
Inventory	$298M
Other Current Assets	$17M
TOTAL CURRENT ASSETS	$609M
PP&E (Net)	$310M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$36M
Other Non-Current Assets	$3M
TOTAL NON-CURRENT ASSETS	$349M
TOTAL ASSETS	$959M
Account Payables	$155M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$85M
TOTAL CURRENT LIABILITIES	$274M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$15M
TOTAL NON-CURRENT LIABILITIES	$95M
TOTAL LIABILITIES	$370M
Common Stock	$2M
Additional Paid-In Capital	$230M
Retained Earnings	$374M
Treasury Stock	-$2M
Accum. Other Comp. Income	-$16M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$589M
Minority Interest	$0
TOTAL EQUITY	$589M
TOTAL LIABILITIES & EQUITY	$959M
Total Debt	$0
Net Debt	-$173M