TDC FY 2011 Earnings Report — Teradata Corporation Revenue & Financial Results | Market Cap Arena

Teradata CorporationTDC

FY 2011 Earnings

Reported February 29, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$2.4B	—	$1.9B	—	22.0%
Op. Income	$456M	—	$415M	—	9.9%
Gross Margin	45.3%	—	56.2%	—	-10.9pp
Net Margin	14.9%	—	15.5%	—	-0.6pp
EPS (Diluted)	$2.05	—	$1.77	—	15.8%
Free Cash Flow	$403M	—	$330M	—	22.1%

Revenue Flow

Item	Amount
REVENUE	$2.4B
Cost of Revenue	$1.3B
GROSS PROFIT	$1.1B
R&D Expenses	$174M
Selling & Marketing	$0
General & Administrative	$663M
SG&A Expenses	$663M
Other Expenses	$0
Operating Expenses	$837M
Cost & Expenses	$2.1B
OPERATING INCOME	$456M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$25M
INCOME BEFORE TAX	$481M
Income Tax Expense	$128M
Net Income from Continuing Ops	$353M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$353M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$353M
D&A	$102M
EBIT	$456M
EBITDA	$558M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$2.4B
Cost of Revenue	$1.3B
GROSS PROFIT	$1.1B
R&D Expenses	$174M
Selling & Marketing	$0
General & Administrative	$663M
SG&A Expenses	$663M
Other Expenses	$0
Operating Expenses	$837M
Cost & Expenses	$2.1B
OPERATING INCOME	$456M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$25M
INCOME BEFORE TAX	$481M
Income Tax Expense	$128M
Net Income from Continuing Ops	$353M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$353M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$353M
D&A	$102M
EBIT	$456M
EBITDA	$558M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$353M
Depreciation & Amortization	$102M
Stock-Based Compensation	$35M
Deferred Income Tax	$71M
Other Non-Cash Items	-$42M
Change in Working Capital	-$6M
OPERATING CASH FLOW	$513M
Capital Expenditure	-$110M
Acquisitions (Net)	-$722M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$832M
Net Debt Issuance	$300M
Common Stock Repurchased	-$127M
Common Dividends Paid	$0
Other Financing Activities	$39M
NET CASH FROM FINANCING	$212M
FREE CASH FLOW	$403M
Net Change in Cash	-$111M

Balance Sheet

Item	Amount
Cash & Equivalents	$772M
Short-Term Investments	$0
Net Receivables	$494M
Inventory	$61M
Other Current Assets	$85M
TOTAL CURRENT ASSETS	$1.4B
PP&E (Net)	$120M
Goodwill	$742M
Intangible Assets	$303M
Long-Term Investments	$0
Tax Assets	$28M
Other Non-Current Assets	$11M
TOTAL NON-CURRENT ASSETS	$1.2B
TOTAL ASSETS	$2.6B
Account Payables	$97M
Short-Term Debt	$0
Deferred Revenue	$339M
Other Current Liabilities	$90M
TOTAL CURRENT LIABILITIES	$695M
Long-Term Debt	$290M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$137M
TOTAL NON-CURRENT LIABILITIES	$427M
TOTAL LIABILITIES	$1.1B
Common Stock	$2M
Additional Paid-In Capital	$765M
Retained Earnings	$1.2B
Treasury Stock	-$526M
Accum. Other Comp. Income	$16M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.5B
Minority Interest	$0
TOTAL EQUITY	$1.5B
TOTAL LIABILITIES & EQUITY	$2.6B
Total Debt	$290M
Net Debt	-$482M