PLCE FY 2015 Earnings Report — The Children's Place, Inc. Revenue & Financial Results | Market Cap Arena

The Children's Place, Inc.PLCE

FY 2015 Earnings

Reported March 24, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$1.7B	—	$1.8B	—	-2.0%
Op. Income	$107M	—	$91M	—	16.9%
Gross Margin	32.6%	—	31.9%	—	0.7pp
Net Margin	3.4%	—	3.2%	—	0.1pp
EPS (Diluted)	$2.80	—	$2.59	—	8.1%
Free Cash Flow	$141M	—	$89M	—	57.5%

Revenue Flow

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$1.2B
GROSS PROFIT	$562M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$455M
Other Expenses	$0
Operating Expenses	$455M
Cost & Expenses	$1.6B
OPERATING INCOME	$107M
Interest Income	$1M
Interest Expense	$2M
Other Income/Expenses	-$17M
INCOME BEFORE TAX	$89M
Income Tax Expense	$31M
Net Income from Continuing Ops	$58M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$58M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$58M
D&A	$63M
EBIT	$91M
EBITDA	$154M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$1.2B
GROSS PROFIT	$562M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$455M
Other Expenses	$0
Operating Expenses	$455M
Cost & Expenses	$1.6B
OPERATING INCOME	$107M
Interest Income	$1M
Interest Expense	$2M
Other Income/Expenses	-$17M
INCOME BEFORE TAX	$89M
Income Tax Expense	$31M
Net Income from Continuing Ops	$58M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$58M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$58M
D&A	$63M
EBIT	$91M
EBITDA	$154M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$58M
Depreciation & Amortization	$63M
Stock-Based Compensation	$21M
Deferred Income Tax	$12M
Other Non-Cash Items	$2M
Change in Working Capital	$27M
OPERATING CASH FLOW	$183M
Capital Expenditure	-$42M
Acquisitions (Net)	$0
Purchases of Investments	-$100M
Sales/Maturities of Investments	$112M
Other Investing Activities	-$379.0K
NET CASH FROM INVESTING	-$31M
Net Debt Issuance	$0
Common Stock Repurchased	-$121M
Common Dividends Paid	-$12M
Other Financing Activities	$2M
NET CASH FROM FINANCING	-$131M
FREE CASH FLOW	$141M
Net Change in Cash	$14M

Balance Sheet

Item	Amount
Cash & Equivalents	$188M
Short-Term Investments	$40M
Net Receivables	$26M
Inventory	$269M
Other Current Assets	$17M
TOTAL CURRENT ASSETS	$581M
PP&E (Net)	$291M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$22M
Other Non-Current Assets	$3M
TOTAL NON-CURRENT ASSETS	$317M
TOTAL ASSETS	$898M
Account Payables	$155M
Short-Term Debt	$0
Deferred Revenue	$5M
Other Current Liabilities	$78M
TOTAL CURRENT LIABILITIES	$275M
Long-Term Debt	$0
Deferred Revenue NC	$70M
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$25M
TOTAL NON-CURRENT LIABILITIES	$95M
TOTAL LIABILITIES	$370M
Common Stock	$2M
Additional Paid-In Capital	$232M
Retained Earnings	$321M
Treasury Stock	-$2M
Accum. Other Comp. Income	-$26M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$528M
Minority Interest	$0
TOTAL EQUITY	$528M
TOTAL LIABILITIES & EQUITY	$898M
Total Debt	$0
Net Debt	-$188M