ZUMZ FY 2017 Earnings Report — Zumiez Inc. Revenue & Financial Results | Market Cap Arena

Zumiez Inc.ZUMZ

FY 2017 Earnings

Reported March 19, 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	$927M	—	$836M	—	10.9%
Op. Income	$49M	—	$40M	—	22.7%
Gross Margin	33.4%	—	32.9%	—	0.5pp
Net Margin	2.9%	—	3.1%	—	-0.2pp
EPS (Diluted)	$1.08	—	$1.04	—	3.8%
Free Cash Flow	$41M	—	$28M	—	47.8%

Revenue Flow

Item	Amount
REVENUE	$927M
Cost of Revenue	$618M
GROSS PROFIT	$310M
R&D Expenses	$0
Selling & Marketing	$11M
General & Administrative	$250M
SG&A Expenses	$261M
Other Expenses	-$852.0K
Operating Expenses	$261M
Cost & Expenses	$879M
OPERATING INCOME	$49M
Interest Income	$495.0K
Interest Expense	$0
Other Income/Expenses	-$357.0K
INCOME BEFORE TAX	$48M
Income Tax Expense	$22M
Net Income from Continuing Ops	$27M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$27M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$27M
D&A	$27M
EBIT	$49M
EBITDA	$76M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$927M
Cost of Revenue	$618M
GROSS PROFIT	$310M
R&D Expenses	$0
Selling & Marketing	$11M
General & Administrative	$250M
SG&A Expenses	$261M
Other Expenses	-$852.0K
Operating Expenses	$261M
Cost & Expenses	$879M
OPERATING INCOME	$49M
Interest Income	$495.0K
Interest Expense	$0
Other Income/Expenses	-$357.0K
INCOME BEFORE TAX	$48M
Income Tax Expense	$22M
Net Income from Continuing Ops	$27M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$27M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$27M
D&A	$27M
EBIT	$49M
EBITDA	$76M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$27M
Depreciation & Amortization	$27M
Stock-Based Compensation	$5M
Deferred Income Tax	$3M
Other Non-Cash Items	$2M
Change in Working Capital	$766.0K
OPERATING CASH FLOW	$66M
Capital Expenditure	-$24M
Acquisitions (Net)	-$5M
Purchases of Investments	-$129M
Sales/Maturities of Investments	$89M
Other Investing Activities	$5M
NET CASH FROM INVESTING	-$64M
Net Debt Issuance	$766.0K
Common Stock Repurchased	-$22M
Common Dividends Paid	$0
Other Financing Activities	$507.0K
NET CASH FROM FINANCING	$1M
FREE CASH FLOW	$41M
Net Change in Cash	$4M

Balance Sheet

Item	Amount
Cash & Equivalents	$24M
Short-Term Investments	$98M
Net Receivables	$17M
Inventory	$126M
Other Current Assets	$14M
TOTAL CURRENT ASSETS	$279M
PP&E (Net)	$129M
Goodwill	$63M
Intangible Assets	$17M
Long-Term Investments	$2M
Tax Assets	$4M
Other Non-Current Assets	$6M
TOTAL NON-CURRENT ASSETS	$220M
TOTAL ASSETS	$500M
Account Payables	$38M
Short-Term Debt	$0
Deferred Revenue	$9M
Other Current Liabilities	$26M
TOTAL CURRENT LIABILITIES	$99M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$44M
TOTAL NON-CURRENT LIABILITIES	$44M
TOTAL LIABILITIES	$144M
Common Stock	$147M
Additional Paid-In Capital	$0
Retained Earnings	$209M
Treasury Stock	$0
Accum. Other Comp. Income	$35.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$356M
Minority Interest	$0
TOTAL EQUITY	$356M
TOTAL LIABILITIES & EQUITY	$500M
Total Debt	$0
Net Debt	-$24M