PLCE FY 2017 Earnings Report — The Children's Place, Inc. Revenue & Financial Results | Market Cap Arena

The Children's Place, Inc.PLCE

FY 2017 Earnings

Reported March 22, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$1.9B	—	$1.8B	—	4.8%
Op. Income	$168M	—	$150M	—	11.6%
Gross Margin	34.4%	—	33.9%	—	0.5pp
Net Margin	4.5%	—	5.7%	—	-1.2pp
EPS (Diluted)	$4.67	—	$5.40	—	-13.5%
Free Cash Flow	$156M	—	$165M	—	-5.4%

Revenue Flow

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$1.2B
GROSS PROFIT	$643M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$475M
Other Expenses	$0
Operating Expenses	$475M
Cost & Expenses	$1.7B
OPERATING INCOME	$168M
Interest Income	$2M
Interest Expense	$2M
Other Income/Expenses	-$6M
INCOME BEFORE TAX	$161M
Income Tax Expense	$77M
Net Income from Continuing Ops	$85M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$85M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$85M
D&A	$68M
EBIT	$163M
EBITDA	$232M
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$1.2B
GROSS PROFIT	$643M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$475M
Other Expenses	$0
Operating Expenses	$475M
Cost & Expenses	$1.7B
OPERATING INCOME	$168M
Interest Income	$2M
Interest Expense	$2M
Other Income/Expenses	-$6M
INCOME BEFORE TAX	$161M
Income Tax Expense	$77M
Net Income from Continuing Ops	$85M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$85M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$85M
D&A	$68M
EBIT	$163M
EBITDA	$232M
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$85M
Depreciation & Amortization	$68M
Stock-Based Compensation	$31M
Deferred Income Tax	$35M
Other Non-Cash Items	$5M
Change in Working Capital	-$10M
OPERATING CASH FLOW	$214M
Capital Expenditure	-$59M
Acquisitions (Net)	$0
Purchases of Investments	-$15M
Sales/Maturities of Investments	$49M
Other Investing Activities	-$788.0K
NET CASH FROM INVESTING	-$25M
Net Debt Issuance	$6M
Common Stock Repurchased	-$119M
Common Dividends Paid	-$28M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$141M
FREE CASH FLOW	$156M
Net Change in Cash	$51M

Balance Sheet

Item	Amount
Cash & Equivalents	$245M
Short-Term Investments	$15M
Net Receivables	$26M
Inventory	$324M
Other Current Assets	$8M
TOTAL CURRENT ASSETS	$657M
PP&E (Net)	$259M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$13M
Other Non-Current Assets	$12M
TOTAL NON-CURRENT ASSETS	$284M
TOTAL ASSETS	$940M
Account Payables	$210M
Short-Term Debt	$21M
Deferred Revenue	$8M
Other Current Liabilities	$72M
TOTAL CURRENT LIABILITIES	$361M
Long-Term Debt	$0
Deferred Revenue NC	$7M
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$99M
TOTAL NON-CURRENT LIABILITIES	$106M
TOTAL LIABILITIES	$467M
Common Stock	$2M
Additional Paid-In Capital	$259M
Retained Earnings	$226M
Treasury Stock	-$2M
Accum. Other Comp. Income	-$10M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$474M
Minority Interest	$0
TOTAL EQUITY	$474M
TOTAL LIABILITIES & EQUITY	$940M
Total Debt	$21M
Net Debt	-$223M