$CARS
Cars.com Inc.

2018 Q4 Form 10-Q Financial Statement

#000156459018028002 Filed on November 07, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue $164.3M $169.3M $159.9M
YoY Change 4.97% 5.89% -1.48%
Cost Of Revenue $26.44M $23.81M $18.18M
YoY Change 66.07% 30.99% 20.91%
Gross Profit $137.9M $145.5M $141.7M
YoY Change -1.95% 2.67% -3.76%
Gross Profit Margin 83.91% 85.94% 88.63%
Selling, General & Admin $65.30M $70.96M $62.34M
YoY Change 25.1% 13.82% 10.51%
% of Gross Profit 47.35% 48.77% 43.99%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $26.60M $26.60M $21.80M
YoY Change 19.28% 22.02% 3.81%
% of Gross Profit 19.29% 18.28% 15.38%
Operating Expenses $92.00M $141.0M $120.5M
YoY Change 11.65% 16.97% 9.44%
Operating Profit $23.87M $28.33M $39.37M
YoY Change -38.52% -28.05% -24.52%
Interest Expense -$11.70M -$11.10M -$7.500M
YoY Change 60.27% 48.0% 240.91%
% of Operating Profit -49.02% -39.18% -19.05%
Other Income/Expense, Net $600.0K $100.0K -$5.367M
YoY Change 500.0% -101.86% -4260.47%
Pretax Income $17.10M $21.40M $34.01M
YoY Change -49.26% -37.07% -34.97%
Income Tax $7.700M $5.600M $13.02M
% Of Pretax Income 45.03% 26.17% 38.28%
Net Earnings $9.357M $15.80M $20.99M
YoY Change -93.83% -24.73% -59.52%
Net Earnings / Revenue 5.69% 9.33% 13.13%
Basic Earnings Per Share $0.14 $0.23 $0.29
Diluted Earnings Per Share $0.14 $0.23 $0.29
COMMON SHARES
Basic Shares Outstanding 68.57M 69.65M 71.70M
Diluted Shares Outstanding 70.03M 71.77M

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $25.50M $17.80M $27.40M
YoY Change 23.79% -35.04% 482.98%
Cash & Equivalents $25.46M $17.81M $27.43M
Short-Term Investments
Other Short-Term Assets $10.29M $9.558M $18.30M
YoY Change 4.87% -47.77% 63.39%
Inventory
Prepaid Expenses $9.264M $11.66M
Receivables $108.9M $107.7M $93.10M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $153.9M $146.7M $138.8M
YoY Change 7.92% 5.7% 25.72%
LONG-TERM ASSETS
Property, Plant & Equipment $41.48M $40.90M $40.90M
YoY Change 4.38% 0.0% 109.74%
Goodwill $884.4M
YoY Change 12.22%
Intangibles $1.510B
YoY Change -1.25%
Long-Term Investments $10.30M $10.50M $11.20M
YoY Change -7.21% -6.25% -4.27%
Other Assets
YoY Change
Total Long-Term Assets $2.447B $2.469B $2.389B
YoY Change 3.3% 3.35% -2.35%
TOTAL ASSETS
Total Short-Term Assets $153.9M $146.7M $138.8M
Total Long-Term Assets $2.447B $2.469B $2.389B
Total Assets $2.601B $2.616B $2.528B
YoY Change 3.56% 3.48% -1.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.63M $8.000M $6.800M
YoY Change 76.74% 17.65% -12.82%
Accrued Expenses $53.30M $56.60M $69.10M
YoY Change -13.61% -18.09% 10.03%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $26.85M $24.02M $21.16M
YoY Change 26.92% 13.51%
Total Short-Term Liabilities $110.7M $113.9M $97.10M
YoY Change 22.81% 17.27% 34.12%
LONG-TERM LIABILITIES
Long-Term Debt $665.3M $678.4M $597.5M
YoY Change 19.4% 13.55%
Other Long-Term Liabilities $19.69M $20.30M $17.53M
YoY Change 2.57% 15.77% -67.95%
Total Long-Term Liabilities $862.9M $867.1M $924.4M
YoY Change 16.33% -6.2% 1589.88%
TOTAL LIABILITIES
Total Short-Term Liabilities $110.7M $113.9M $97.10M
Total Long-Term Liabilities $862.9M $867.1M $924.4M
Total Liabilities $973.6M $981.0M $1.021B
YoY Change 17.03% -3.96% 650.52%
SHAREHOLDERS EQUITY
Retained Earnings $118.2M $128.9M $24.82M
YoY Change -33.04% 419.15%
Common Stock $683.0K $689.0K $716.0K
YoY Change -4.61% -3.77%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.627B $1.635B $1.506B
YoY Change
Total Liabilities & Shareholders Equity $2.601B $2.616B $2.528B
YoY Change 3.56% 3.48% -1.13%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $9.357M $15.80M $20.99M
YoY Change -93.83% -24.73% -59.52%
Depreciation, Depletion And Amortization $26.60M $26.60M $21.80M
YoY Change 19.28% 22.02% 3.81%
Cash From Operating Activities $42.40M $50.50M $50.50M
YoY Change 9.56% 0.0% -25.84%
INVESTING ACTIVITIES
Capital Expenditures -$4.200M -$3.600M -$8.700M
YoY Change -19.23% -58.62% 234.62%
Acquisitions
YoY Change
Other Investing Activities $100.0K -$200.0K $0.00
YoY Change -100.0%
Cash From Investing Activities -$4.300M -$3.700M -$8.700M
YoY Change -17.31% -57.47% -92.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -30.60M -47.30M -50.90M
YoY Change -24.44% -7.07% -194.43%
NET CHANGE
Cash From Operating Activities 42.40M 50.50M 50.50M
Cash From Investing Activities -4.300M -3.700M -8.700M
Cash From Financing Activities -30.60M -47.30M -50.90M
Net Change In Cash 7.500M -500.0K -9.100M
YoY Change -207.14% -94.51% -302.22%
FREE CASH FLOW
Cash From Operating Activities $42.40M $50.50M $50.50M
Capital Expenditures -$4.200M -$3.600M -$8.700M
Free Cash Flow $46.60M $54.10M $59.20M
YoY Change 6.15% -8.61% -16.27%

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RevenueRecognitionBaseSubscriptionContractTerm
P1Y
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2017Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
68000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
253000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
70000
CY2017Q3 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
0
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
3400000

Files In Submission

Name View Source Status
0001564590-18-028002-index-headers.html Edgar Link pending
0001564590-18-028002-index.html Edgar Link pending
0001564590-18-028002.txt Edgar Link pending
0001564590-18-028002-xbrl.zip Edgar Link pending
cars-10q_20180930.htm Edgar Link pending
cars-20180930.xml Edgar Link completed
cars-20180930.xsd Edgar Link pending
cars-20180930_cal.xml Edgar Link unprocessable
cars-20180930_def.xml Edgar Link unprocessable
cars-20180930_lab.xml Edgar Link unprocessable
cars-20180930_pre.xml Edgar Link unprocessable
cars-ex311_9.htm Edgar Link pending
cars-ex312_7.htm Edgar Link pending
cars-ex321_6.htm Edgar Link pending
cars-ex322_8.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
gw5ir02twpkz000001.jpg Edgar Link pending
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report.css Edgar Link pending
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