2016 Q4 Form 10-Q Financial Statement

#000114420417006196 Filed on February 06, 2017

View on sec.gov

Income Statement

Concept 2016 Q4 2015 Q4
Revenue $1.002B $976.5M
YoY Change 2.63% 63.83%
Cost Of Revenue $751.1M $743.3M
YoY Change 1.05% 62.12%
Gross Profit $251.1M $233.2M
YoY Change 7.67% 69.51%
Gross Profit Margin 25.05% 23.88%
Selling, General & Admin $204.1M $206.3M
YoY Change -1.07% 81.44%
% of Gross Profit 81.29% 88.47%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $28.40M $23.70M
YoY Change 19.83% 185.54%
% of Gross Profit 11.31% 10.16%
Operating Expenses $204.1M $206.3M
YoY Change -1.08% 81.41%
Operating Profit $46.96M $26.84M
YoY Change 74.93% 12.7%
Interest Expense $13.57M $16.26M
YoY Change -16.5% 512.28%
% of Operating Profit 28.91% 60.56%
Other Income/Expense, Net
YoY Change
Pretax Income $33.38M $10.59M
YoY Change 215.29% -49.97%
Income Tax $12.95M $3.470M
% Of Pretax Income 38.8% 32.77%
Net Earnings $20.43M $7.118M
YoY Change 187.02% -44.85%
Net Earnings / Revenue 2.04% 0.73%
Basic Earnings Per Share $0.34 $0.12
Diluted Earnings Per Share $0.33 $0.12
COMMON SHARES
Basic Shares Outstanding 59.94M 58.97M shares
Diluted Shares Outstanding 60.99M 59.96M shares

Balance Sheet

Concept 2016 Q4 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $73.30M $32.20M
YoY Change 127.64% 38.2%
Cash & Equivalents $73.27M $32.21M
Short-Term Investments
Other Short-Term Assets $209.7M $182.3M
YoY Change 15.03% 99.02%
Inventory $528.7M $466.1M
Prepaid Expenses
Receivables $489.9M $489.2M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.302B $1.138B
YoY Change 14.39% 62.78%
LONG-TERM ASSETS
Property, Plant & Equipment $147.3M $145.6M
YoY Change 1.19% 64.89%
Goodwill $1.198B $1.162B
YoY Change 3.05% 137.49%
Intangibles $444.2M $487.5M
YoY Change -8.88% 401.14%
Long-Term Investments
YoY Change
Other Assets $1.511M $1.270M
YoY Change 18.98% -88.37%
Total Long-Term Assets $1.791B $1.796B
YoY Change -0.33% 161.95%
TOTAL ASSETS
Total Short-Term Assets $1.302B $1.138B
Total Long-Term Assets $1.791B $1.796B
Total Assets $3.092B $2.934B
YoY Change 5.38% 111.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $336.8M $347.2M
YoY Change -2.99% 112.53%
Accrued Expenses $166.5M $151.5M
YoY Change 9.85% 108.35%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $14.60M $14.29M
YoY Change 2.19% -14.45%
Total Short-Term Liabilities $517.9M $513.0M
YoY Change 0.95% 85.83%
LONG-TERM LIABILITIES
Long-Term Debt $722.5M $722.9M
YoY Change -0.05% 300.14%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $722.5M $722.9M
YoY Change -0.05% 300.14%
TOTAL LIABILITIES
Total Short-Term Liabilities $517.9M $513.0M
Total Long-Term Liabilities $722.5M $722.9M
Total Liabilities $1.742B $1.755B
YoY Change -0.73% 216.22%
SHAREHOLDERS EQUITY
Retained Earnings $667.8M $564.5M
YoY Change 18.29% 11.12%
Common Stock $600.0K $591.0K
YoY Change 1.52% 19.64%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.350B $1.211B
YoY Change
Total Liabilities & Shareholders Equity $3.092B $2.934B
YoY Change 5.38% 111.89%

Cashflow Statement

Concept 2016 Q4 2015 Q4
OPERATING ACTIVITIES
Net Income $20.43M $7.118M
YoY Change 187.02% -44.85%
Depreciation, Depletion And Amortization $28.40M $23.70M
YoY Change 19.83% 185.54%
Cash From Operating Activities $78.10M $44.68M
YoY Change 74.82% 11.16%
INVESTING ACTIVITIES
Capital Expenditures -$7.300M -$2.200M
YoY Change 231.82% -29.03%
Acquisitions $1.850M $941.2M
YoY Change -99.8% 1249.4%
Other Investing Activities $0.00 $0.00
YoY Change
Cash From Investing Activities -$8.700M -$943.1M
YoY Change -99.08% 1195.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $3.460M $8.984M
YoY Change -61.49%
Debt Paid & Issued, Net $186.8M
YoY Change 6541.18%
Cash From Financing Activities -27.70M $885.3M
YoY Change -103.13% 56723.17%
NET CHANGE
Cash From Operating Activities 78.10M $44.68M
Cash From Investing Activities -8.700M -$943.1M
Cash From Financing Activities -27.70M $885.3M
Net Change In Cash 41.89M -$13.10M
YoY Change -419.73% -57.77%
FREE CASH FLOW
Cash From Operating Activities $78.10M $44.68M
Capital Expenditures -$7.300M -$2.200M
Free Cash Flow $85.40M $46.88M
YoY Change 82.19% 8.28%

Facts In Submission

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BEACON ROOFING SUPPLY INC
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<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <b><i>Use of Estimates</i></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">&#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in these consolidated financial statements and accompanying notes. Significant items subject to such estimates include inventories, purchase price allocations, recoverability of goodwill and intangibles, and income taxes. Actual amounts could differ from those estimates.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
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CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
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CY2015Q4 becn Non Cash Or Part Non Cash Acquisition Non Cash Financial Or Equity Instrument Consideration Replacement Awards Value
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CY2016Q4 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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CY2016Q4 becn Repayement Of Borrowings Under Equipment Financing
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-129000 USD

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