SEIC FY 2006 Earnings Report — SEI Investments Company Revenue & Financial Results | Market Cap Arena

SEI Investments CompanySEIC

FY 2006 Earnings

Reported February 23, 2007

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2006	Prior Q	FY 2005	QoQ Change	YoY Change
Revenue	$1.2B	—	—	—	—
Op. Income	$498M	—	—	—	—
Gross Margin	60.6%	—	—	—	—
Net Margin	20.2%	—	—	—	—
EPS (Diluted)	$1.17	—	—	—	—
Free Cash Flow	$240M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$463M
GROSS PROFIT	$712M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$185M
Other Expenses	$29M
Operating Expenses	$214M
Cost & Expenses	$677M
OPERATING INCOME	$498M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$140M
INCOME BEFORE TAX	$359M
Income Tax Expense	$122M
Net Income from Continuing Ops	$237M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$237M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$237M
D&A	$29M
EBIT	$498M
EBITDA	$528M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$463M
GROSS PROFIT	$712M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$185M
Other Expenses	$29M
Operating Expenses	$214M
Cost & Expenses	$677M
OPERATING INCOME	$498M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$140M
INCOME BEFORE TAX	$359M
Income Tax Expense	$122M
Net Income from Continuing Ops	$237M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$237M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$237M
D&A	$29M
EBIT	$498M
EBITDA	$528M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$237M
Depreciation & Amortization	$29M
Stock-Based Compensation	$0
Deferred Income Tax	$13M
Other Non-Cash Items	$197M
Change in Working Capital	-$35M
OPERATING CASH FLOW	$346M
Capital Expenditure	-$106M
Acquisitions (Net)	$5M
Purchases of Investments	-$81M
Sales/Maturities of Investments	$64M
Other Investing Activities	-$137.0K
NET CASH FROM INVESTING	-$118M
Net Debt Issuance	-$17M
Common Stock Repurchased	-$107M
Common Dividends Paid	-$23M
Other Financing Activities	$32M
NET CASH FROM FINANCING	-$71M
FREE CASH FLOW	$240M
Net Change in Cash	$157M

Balance Sheet

Item	Amount
Cash & Equivalents	$287M
Short-Term Investments	$0
Net Receivables	$245M
Inventory	$0
Other Current Assets	$55M
TOTAL CURRENT ASSETS	$586M
PP&E (Net)	$131M
Goodwill	$23M
Intangible Assets	$248M
Long-Term Investments	-$76M
Tax Assets	$0
Other Non-Current Assets	$92M
TOTAL NON-CURRENT ASSETS	$493M
TOTAL ASSETS	$1.1B
Account Payables	$7M
Short-Term Debt	$13M
Deferred Revenue	$606.0K
Other Current Liabilities	$258.0K
TOTAL CURRENT LIABILITIES	$196M
Long-Term Debt	$68M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$76M
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$144M
TOTAL LIABILITIES	$340M
Common Stock	$990.0K
Additional Paid-In Capital	$364M
Retained Earnings	$258M
Treasury Stock	$0
Accum. Other Comp. Income	$8M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$631M
Minority Interest	$109M
TOTAL EQUITY	$740M
TOTAL LIABILITIES & EQUITY	$1.1B
Total Debt	$81M
Net Debt	-$206M