2013 Q4 Form 10-Q Financial Statement

#000100443413000016 Filed on November 12, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q4
Revenue $594.0M $551.6M $491.0M
YoY Change 20.98% 18.04% 22.02%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $396.8M $106.4M $318.0M
YoY Change 24.78% 13.31% 20.87%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $33.80M $36.10M $34.40M
YoY Change -1.74% 31.27% -1.15%
% of Gross Profit
Operating Expenses $440.9M $382.5M $364.1M
YoY Change 21.09% 16.76% 18.52%
Operating Profit $153.1M $169.1M $126.9M
YoY Change 20.65% 21.05% 33.3%
Interest Expense $183.6M $19.90M $50.30M
YoY Change 265.01% -8.72% 264.49%
% of Operating Profit 119.92% 11.77% 39.64%
Other Income/Expense, Net -$15.80M
YoY Change -26.85%
Pretax Income $336.6M $187.4M $177.1M
YoY Change 90.06% 36.29% 62.48%
Income Tax $87.50M $31.00M $37.80M
% Of Pretax Income 26.0% 16.54% 21.34%
Net Earnings $158.2M $75.20M $75.00M
YoY Change 110.93% 36.98% 86.1%
Net Earnings / Revenue 26.63% 13.63% 15.27%
Basic Earnings Per Share $1.41
Diluted Earnings Per Share $2.79 $1.37 $1.40
COMMON SHARES
Basic Shares Outstanding 52.98M shares 53.20M shares 51.80M shares
Diluted Shares Outstanding 56.90M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $627.5M $522.4M $559.3M
YoY Change 12.19% 40.2% 24.43%
Cash & Equivalents $469.6M $522.4M $430.4M
Short-Term Investments $157.9M $128.9M
Other Short-Term Assets $62.90M
YoY Change 2.61%
Inventory
Prepaid Expenses
Receivables $418.4M $269.9M $255.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $888.0M $1.147B $912.3M
YoY Change -2.66% 36.9% 4.1%
LONG-TERM ASSETS
Property, Plant & Equipment $92.30M $88.10M $81.50M
YoY Change 13.25% 21.69% 17.95%
Goodwill $2.342B $2.346B $2.355B
YoY Change -0.57% -0.31% 11.24%
Intangibles $1.461B $1.485B $1.586B
YoY Change -7.87% -8.04% 20.01%
Long-Term Investments $1.123B $1.115B $1.784B
YoY Change -37.02% 6.67% 58.77%
Other Assets $211.8M $221.3M
YoY Change -1.9% 0.96%
Total Long-Term Assets $5.431B $5.114B $5.275B
YoY Change 2.96% -1.52% 21.47%
TOTAL ASSETS
Total Short-Term Assets $888.0M $1.147B $912.3M
Total Long-Term Assets $5.431B $5.114B $5.275B
Total Assets $6.319B $6.261B $6.187B
YoY Change 2.13% 3.82% 18.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $23.50M $32.90M $59.50M
YoY Change -60.5% 207.48% -33.96%
Accrued Expenses $333.6M $250.3M
YoY Change 33.28%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $514.7M $582.8M $375.8M
YoY Change 36.96% 56.29% -10.01%
LONG-TERM LIABILITIES
Long-Term Debt $1.384B $1.433B $1.631B
YoY Change -15.14% -10.79% 36.09%
Other Long-Term Liabilities $177.0M $167.3M $164.7M
YoY Change 7.47% 3.02% 13.04%
Total Long-Term Liabilities $1.561B $167.3M $164.7M
YoY Change 847.6% 3.02% 13.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $514.7M $582.8M $375.8M
Total Long-Term Liabilities $1.561B $167.3M $164.7M
Total Liabilities $2.532B $2.644B $2.668B
YoY Change -5.09% -0.7% 17.67%
SHAREHOLDERS EQUITY
Retained Earnings $1.711B $1.553B $1.351B
YoY Change 26.69% 21.75% 14.79%
Common Stock $480.4M $548.5M $869.0M
YoY Change -44.72% -35.91% -6.36%
Preferred Stock
YoY Change
Treasury Stock (at cost) $131.4M $132.6M $214.6M
YoY Change -38.77% -50.23% -25.67%
Treasury Stock Shares 1.000M shares 1.700M shares
Shareholders Equity $2.134B $2.032B $2.084B
YoY Change
Total Liabilities & Shareholders Equity $6.319B $6.261B $6.187B
YoY Change 2.13% 3.82% 18.55%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q4
OPERATING ACTIVITIES
Net Income $158.2M $75.20M $75.00M
YoY Change 110.93% 36.98% 86.1%
Depreciation, Depletion And Amortization $33.80M $36.10M $34.40M
YoY Change -1.74% 31.27% -1.15%
Cash From Operating Activities $209.5M $282.8M $186.1M
YoY Change 12.57% 33.96% 17.34%
INVESTING ACTIVITIES
Capital Expenditures -$8.100M $7.100M -$10.10M
YoY Change -19.8% 44.9% 29.49%
Acquisitions
YoY Change
Other Investing Activities $1.600M -$27.00M -$44.30M
YoY Change -103.61% -92.27% 5437.5%
Cash From Investing Activities -$6.500M -$34.00M -$54.40M
YoY Change -88.05% -90.4% 532.56%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $4.000M
YoY Change -117.17%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -257.5M -145.6M -74.30M
YoY Change 246.57% -171.97% 204.51%
NET CHANGE
Cash From Operating Activities 209.5M 282.8M 186.1M
Cash From Investing Activities -6.500M -34.00M -54.40M
Cash From Financing Activities -257.5M -145.6M -74.30M
Net Change In Cash -54.50M 103.2M 57.40M
YoY Change -194.95% 73.74% -54.3%
FREE CASH FLOW
Cash From Operating Activities $209.5M $282.8M $186.1M
Capital Expenditures -$8.100M $7.100M -$10.10M
Free Cash Flow $217.6M $275.7M $196.2M
YoY Change 10.91% 33.71% 17.91%

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us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
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us-gaap Repayments Of Long Term Lines Of Credit
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us-gaap Selling General And Administrative Expense
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dei Amendment Flag
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dei Current Fiscal Year End Date
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dei Document Fiscal Period Focus
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dei Document Fiscal Year Focus
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2013
dei Document Period End Date
DocumentPeriodEndDate
2013-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001004434
CY2013Q4 dei Entity Common Stock Shares Outstanding
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dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
AFFILIATED MANAGERS GROUP, INC.

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