TDC FY 2012 Earnings Report — Teradata Corporation Revenue & Financial Results | Market Cap Arena

Teradata CorporationTDC

FY 2012 Earnings

Reported February 28, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$2.7B	—	$2.4B	—	12.8%
Op. Income	$580M	—	$456M	—	27.2%
Gross Margin	55.9%	—	45.3%	—	10.7pp
Net Margin	15.7%	—	14.9%	—	0.8pp
EPS (Diluted)	$2.44	—	$2.05	—	19.0%
Free Cash Flow	$427M	—	$403M	—	6.0%

Revenue Flow

Item	Amount
REVENUE	$2.7B
Cost of Revenue	$1.2B
GROSS PROFIT	$1.5B
R&D Expenses	$183M
Selling & Marketing	$0
General & Administrative	$728M
SG&A Expenses	$728M
Other Expenses	-$2M
Operating Expenses	$911M
Cost & Expenses	$2.1B
OPERATING INCOME	$580M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$578M
Income Tax Expense	$159M
Net Income from Continuing Ops	$419M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$419M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$419M
D&A	$126M
EBIT	$580M
EBITDA	$706M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$2.7B
Cost of Revenue	$1.2B
GROSS PROFIT	$1.5B
R&D Expenses	$183M
Selling & Marketing	$0
General & Administrative	$728M
SG&A Expenses	$728M
Other Expenses	-$2M
Operating Expenses	$911M
Cost & Expenses	$2.1B
OPERATING INCOME	$580M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$578M
Income Tax Expense	$159M
Net Income from Continuing Ops	$419M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$419M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$419M
D&A	$126M
EBIT	$580M
EBITDA	$706M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$419M
Depreciation & Amortization	$126M
Stock-Based Compensation	$43M
Deferred Income Tax	$77M
Other Non-Cash Items	-$37M
Change in Working Capital	-$53M
OPERATING CASH FLOW	$575M
Capital Expenditure	-$148M
Acquisitions (Net)	-$274M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$422M
Net Debt Issuance	-$11M
Common Stock Repurchased	-$277M
Common Dividends Paid	$0
Other Financing Activities	$92M
NET CASH FROM FINANCING	-$196M
FREE CASH FLOW	$427M
Net Change in Cash	-$43M

Balance Sheet

Item	Amount
Cash & Equivalents	$729M
Short-Term Investments	$0
Net Receivables	$668M
Inventory	$47M
Other Current Assets	$90M
TOTAL CURRENT ASSETS	$1.5B
PP&E (Net)	$150M
Goodwill	$932M
Intangible Assets	$359M
Long-Term Investments	$0
Tax Assets	$29M
Other Non-Current Assets	$62M
TOTAL NON-CURRENT ASSETS	$1.5B
TOTAL ASSETS	$3.1B
Account Payables	$141M
Short-Term Debt	$15M
Deferred Revenue	$375M
Other Current Liabilities	$117M
TOTAL CURRENT LIABILITIES	$806M
Long-Term Debt	$274M
Deferred Revenue NC	$30M
Deferred Tax Liabilities	$83M
Other Non-Current Liabilities	$94M
TOTAL NON-CURRENT LIABILITIES	$481M
TOTAL LIABILITIES	$1.3B
Common Stock	$2M
Additional Paid-In Capital	$898M
Retained Earnings	$1.7B
Treasury Stock	-$806M
Accum. Other Comp. Income	$29M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.8B
Minority Interest	$0
TOTAL EQUITY	$1.8B
TOTAL LIABILITIES & EQUITY	$3.1B
Total Debt	$274M
Net Debt	-$455M