PLCE FY 2016 Earnings Report — The Children's Place, Inc. Revenue & Financial Results | Market Cap Arena

The Children's Place, Inc.PLCE

FY 2016 Earnings

Reported March 23, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$1.8B	—	$1.7B	—	3.4%
Op. Income	$150M	—	$107M	—	40.9%
Gross Margin	33.9%	—	32.6%	—	1.4pp
Net Margin	5.7%	—	3.4%	—	2.4pp
EPS (Diluted)	$5.40	—	$2.80	—	92.9%
Free Cash Flow	$165M	—	$141M	—	17.2%

Revenue Flow

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$1.2B
GROSS PROFIT	$606M
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	$150M
Interest Income	$2M
Interest Expense	$2M
Other Income/Expenses	-$3M
INCOME BEFORE TAX	$147M
Income Tax Expense	$45M
Net Income from Continuing Ops	$102M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$102M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$102M
D&A	$66M
EBIT	$149M
EBITDA	$215M
EPS	$6
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$1.2B
GROSS PROFIT	$606M
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	$150M
Interest Income	$2M
Interest Expense	$2M
Other Income/Expenses	-$3M
INCOME BEFORE TAX	$147M
Income Tax Expense	$45M
Net Income from Continuing Ops	$102M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$102M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$102M
D&A	$66M
EBIT	$149M
EBITDA	$215M
EPS	$6
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$102M
Depreciation & Amortization	$66M
Stock-Based Compensation	$28M
Deferred Income Tax	-$9M
Other Non-Cash Items	$3M
Change in Working Capital	$9M
OPERATING CASH FLOW	$199M
Capital Expenditure	-$35M
Acquisitions (Net)	$0
Purchases of Investments	-$49M
Sales/Maturities of Investments	$40M
Other Investing Activities	-$368.0K
NET CASH FROM INVESTING	-$44M
Net Debt Issuance	$15M
Common Stock Repurchased	-$158M
Common Dividends Paid	-$15M
Other Financing Activities	$2M
NET CASH FROM FINANCING	-$155M
FREE CASH FLOW	$165M
Net Change in Cash	$6M

Balance Sheet

Item	Amount
Cash & Equivalents	$194M
Short-Term Investments	$49M
Net Receivables	$31M
Inventory	$286M
Other Current Assets	$20M
TOTAL CURRENT ASSETS	$611M
PP&E (Net)	$264M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$30M
Other Non-Current Assets	$5M
TOTAL NON-CURRENT ASSETS	$299M
TOTAL ASSETS	$910M
Account Payables	$178M
Short-Term Debt	$15M
Deferred Revenue	$3M
Other Current Liabilities	$69M
TOTAL CURRENT LIABILITIES	$329M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$85M
TOTAL NON-CURRENT LIABILITIES	$85M
TOTAL LIABILITIES	$414M
Common Stock	$2M
Additional Paid-In Capital	$240M
Retained Earnings	$275M
Treasury Stock	-$2M
Accum. Other Comp. Income	-$18M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$496M
Minority Interest	$0
TOTAL EQUITY	$496M
TOTAL LIABILITIES & EQUITY	$910M
Total Debt	$15M
Net Debt	-$178M