2015 Q4 Form 10-K Financial Statement

#000119312517065734 Filed on March 01, 2017

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2015 Q2
Revenue $308.6M $238.7M $265.8M
YoY Change 6.34% -4.38% 4.32%
Cost Of Revenue $111.3M $104.3M $120.5M
YoY Change 6.61% -0.99% 7.01%
Gross Profit $197.4M $134.4M $145.3M
YoY Change 6.2% -6.86% 2.2%
Gross Profit Margin 63.94% 56.32% 54.67%
Selling, General & Admin $61.30M $48.74M $56.31M
YoY Change 25.12% -7.01% 6.86%
% of Gross Profit 31.06% 36.25% 38.74%
Research & Development $33.29M $36.12M $39.43M
YoY Change 5.49% -0.55% 1.41%
% of Gross Profit 16.87% 26.87% 27.13%
Depreciation & Amortization $26.70M $23.60M $23.60M
YoY Change 14.1% 6.79% 14.56%
% of Gross Profit 13.53% 17.56% 16.24%
Operating Expenses $234.7M $214.8M $242.2M
YoY Change 11.24% -1.36% 6.18%
Operating Profit $73.97M $23.89M $23.66M
YoY Change -6.68% -25.05% -11.51%
Interest Expense $10.20M $9.728M $10.51M
YoY Change -5.73% -6.61% 12.61%
% of Operating Profit 13.79% 40.73% 44.39%
Other Income/Expense, Net -$11.35M -$5.320M $9.212M
YoY Change 18.59% -20.64% -170.35%
Pretax Income $62.62M $18.57M $32.88M
YoY Change -10.15% -26.22% 140.92%
Income Tax $18.86M $3.786M $5.825M
% Of Pretax Income 30.11% 20.39% 17.72%
Net Earnings $43.77M $14.78M $27.05M
YoY Change -5.61% -6.05% 140.73%
Net Earnings / Revenue 14.18% 6.19% 10.18%
Basic Earnings Per Share $0.37 $0.13 $0.23
Diluted Earnings Per Share $0.36 $0.12 $0.23
COMMON SHARES
Basic Shares Outstanding 118.3M shares 117.9M shares 117.1M shares
Diluted Shares Outstanding 119.3M shares 118.6M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $102.2M $80.90M $50.40M
YoY Change 32.21% 34.61% -8.36%
Cash & Equivalents $102.2M $80.86M $50.40M
Short-Term Investments
Other Short-Term Assets $21.64M $24.86M $24.36M
YoY Change -46.47% -7.18% -18.48%
Inventory
Prepaid Expenses $27.46M $25.73M $25.63M
Receivables $219.1M $178.9M $221.0M
Other Receivables $20.00M $17.20M $10.00M
Total Short-Term Assets $382.5M $380.6M $381.5M
YoY Change 2.3% -7.27% -2.34%
LONG-TERM ASSETS
Property, Plant & Equipment $60.63M $58.80M $58.31M
YoY Change 0.45% 4.48% 6.54%
Goodwill $913.3M $773.3M $775.3M
YoY Change 16.91% -5.35% 15.96%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $33.66M $44.52M $43.13M
YoY Change -51.76% -3.88% 1.26%
Total Long-Term Assets $1.593B $1.364B $1.391B
YoY Change 7.89% -3.37% 13.68%
TOTAL ASSETS
Total Short-Term Assets $382.5M $380.6M $381.5M
Total Long-Term Assets $1.593B $1.364B $1.391B
Total Assets $1.976B $1.745B $1.772B
YoY Change 6.76% -4.25% 9.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $55.42M $38.45M $36.28M
YoY Change 10.07% -12.06% -12.01%
Accrued Expenses $38.70M $42.40M $47.90M
YoY Change -9.15% -0.24% 9.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $89.71M $95.29M $95.29M
YoY Change 2.7% 14.29% 61.13%
Total Short-Term Liabilities $384.9M $365.1M $368.3M
YoY Change 1.66% 2.4% 9.17%
LONG-TERM LIABILITIES
Long-Term Debt $834.4M $689.1M $712.9M
YoY Change 3.71% -20.14% 2.8%
Other Long-Term Liabilities $31.93M $30.07M $30.47M
YoY Change 36.13% 24.14% 36.36%
Total Long-Term Liabilities $866.4M $719.2M $743.4M
YoY Change 4.63% -18.93% 3.85%
TOTAL LIABILITIES
Total Short-Term Liabilities $384.9M $365.1M $368.3M
Total Long-Term Liabilities $866.4M $719.2M $743.4M
Total Liabilities $1.321B $1.146B $1.174B
YoY Change 4.1% -11.95% 5.61%
SHAREHOLDERS EQUITY
Retained Earnings $416.9M $373.1M $358.3M
YoY Change 25.78% 30.88% 33.04%
Common Stock $562.1M $547.8M $550.6M
YoY Change 1.75% -1.46% 0.49%
Preferred Stock
YoY Change
Treasury Stock (at cost) $253.0M $253.7M $258.9M
YoY Change -10.47% -12.7% -13.83%
Treasury Stock Shares 21.49M shares 21.56M shares 22.02M shares
Shareholders Equity $654.4M $598.9M $598.6M
YoY Change
Total Liabilities & Shareholders Equity $1.976B $1.745B $1.772B
YoY Change 6.76% -4.25% 9.8%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2015 Q2
OPERATING ACTIVITIES
Net Income $43.77M $14.78M $27.05M
YoY Change -5.61% -6.05% 140.73%
Depreciation, Depletion And Amortization $26.70M $23.60M $23.60M
YoY Change 14.1% 6.79% 14.56%
Cash From Operating Activities $59.30M $73.90M $700.0K
YoY Change -22.99% 211.81% -97.88%
INVESTING ACTIVITIES
Capital Expenditures -$17.30M -$9.700M -$9.400M
YoY Change 94.38% -9.35% 25.33%
Acquisitions
YoY Change
Other Investing Activities -$179.4M $0.00 $30.30M
YoY Change -100.0% -2120.0%
Cash From Investing Activities -$196.7M -$9.700M $20.90M
YoY Change 2110.11% -95.49% -332.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 159.6M -28.70M -43.70M
YoY Change -436.0% -114.26% 39.17%
NET CHANGE
Cash From Operating Activities 59.30M 73.90M 700.0K
Cash From Investing Activities -196.7M -9.700M 20.90M
Cash From Financing Activities 159.6M -28.70M -43.70M
Net Change In Cash 22.20M 35.50M -22.10M
YoY Change 7.77% 255.0% 198.65%
FREE CASH FLOW
Cash From Operating Activities $59.30M $73.90M $700.0K
Capital Expenditures -$17.30M -$9.700M -$9.400M
Free Cash Flow $76.60M $83.60M $10.10M
YoY Change -10.83% 143.02% -75.06%

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2016-12-31
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Large Accelerated Filer
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ACI WORLDWIDE, INC.
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No customer accounted for more than 10% of the Company's consolidated receivables balance as of December 31, 2016 or 2015.
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Baldwin Hackett & Meeks, Inc.
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