2012 Q3 Form 10-Q Financial Statement

#000137431012000024 Filed on November 06, 2012

View on sec.gov

Income Statement

Concept 2012 Q3 2011 Q3
Revenue $128.3M $143.6M
YoY Change -10.64% 35.46%
Cost Of Revenue $11.30M $14.00M
YoY Change -19.29% 52.17%
Gross Profit $117.0M $129.6M
YoY Change -9.72% 33.88%
Gross Profit Margin 91.18% 90.25%
Selling, General & Admin $46.60M $44.20M
YoY Change 5.43% -18.15%
% of Gross Profit 39.83% 34.1%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.800M $9.000M
YoY Change -2.22% 25.0%
% of Gross Profit 7.52% 6.94%
Operating Expenses $67.46M $68.64M
YoY Change -1.72% -3.44%
Operating Profit $60.86M $74.97M
YoY Change -18.82% 114.6%
Interest Expense -$300.0K -$400.0K
YoY Change -25.0% 100.0%
% of Operating Profit -0.49% -0.53%
Other Income/Expense, Net $970.0K $1.600M
YoY Change -39.38% 104.87%
Pretax Income $60.53M $74.60M
YoY Change -18.86% 114.99%
Income Tax $14.78M $33.24M
% Of Pretax Income 24.41% 44.55%
Net Earnings $45.76M $41.33M
YoY Change 10.72% 102.05%
Net Earnings / Revenue 35.66% 28.78%
Basic Earnings Per Share $0.52 $0.45
Diluted Earnings Per Share $0.52 $0.45
COMMON SHARES
Basic Shares Outstanding 87.27M shares 90.33M shares
Diluted Shares Outstanding 87.27M shares 90.33M shares

Balance Sheet

Concept 2012 Q3 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $160.3M $147.2M
YoY Change 8.9% -54.41%
Cash & Equivalents $160.3M $147.2M
Short-Term Investments
Other Short-Term Assets $786.0K $694.0K
YoY Change 13.26% -94.7%
Inventory
Prepaid Expenses
Receivables $45.38M $46.01M
Other Receivables $16.80M $400.0K
Total Short-Term Assets $238.4M $207.3M
YoY Change 15.02% -46.44%
LONG-TERM ASSETS
Property, Plant & Equipment $77.53M $77.59M
YoY Change -0.08% -14.65%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $14.26M $11.97M
YoY Change 19.16% -16.91%
Other Assets
YoY Change
Total Long-Term Assets $139.1M $137.3M
YoY Change 1.28% -4.3%
TOTAL ASSETS
Total Short-Term Assets $238.4M $207.3M
Total Long-Term Assets $139.1M $137.3M
Total Assets $377.5M $344.6M
YoY Change 9.54% -35.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.084M $42.80M
YoY Change -95.13% 21.94%
Accrued Expenses $36.20M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $56.09M $65.15M
YoY Change -13.9% 19.1%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $3.968M $3.806M
YoY Change 4.26% -58.63%
Total Long-Term Liabilities $45.92M $33.80M
YoY Change 35.86% 267.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $56.09M $65.15M
Total Long-Term Liabilities $45.92M $33.80M
Total Liabilities $102.0M $98.94M
YoY Change 3.1% 21.4%
SHAREHOLDERS EQUITY
Retained Earnings $315.2M $211.2M
YoY Change 49.24%
Common Stock $64.51M $52.46M
YoY Change 22.97%
Preferred Stock
YoY Change
Treasury Stock (at cost) $104.2M $17.96M
YoY Change 480.11%
Treasury Stock Shares 3.999M shares 729.3K shares
Shareholders Equity $275.5M $245.7M
YoY Change
Total Liabilities & Shareholders Equity $377.5M $344.6M
YoY Change 9.54% -35.05%

Cashflow Statement

Concept 2012 Q3 2011 Q3
OPERATING ACTIVITIES
Net Income $45.76M $41.33M
YoY Change 10.72% 102.05%
Depreciation, Depletion And Amortization $8.800M $9.000M
YoY Change -2.22% 25.0%
Cash From Operating Activities $54.20M $71.70M
YoY Change -24.41% 431.11%
INVESTING ACTIVITIES
Capital Expenditures -$7.300M -$5.200M
YoY Change 40.38% 23.81%
Acquisitions
YoY Change
Other Investing Activities -$400.0K $0.00
YoY Change
Cash From Investing Activities -$7.800M -$5.100M
YoY Change 52.94% 21.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -13.30M -25.90M
YoY Change -48.65% 149.04%
NET CHANGE
Cash From Operating Activities 54.20M 71.70M
Cash From Investing Activities -7.800M -5.100M
Cash From Financing Activities -13.30M -25.90M
Net Change In Cash 33.10M 40.70M
YoY Change -18.67% -3800.0%
FREE CASH FLOW
Cash From Operating Activities $54.20M $71.70M
Capital Expenditures -$7.300M -$5.200M
Free Cash Flow $61.50M $76.90M
YoY Change -20.03% 334.46%

Facts In Submission

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515000 USD
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1200000 USD
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800000 USD
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us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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500000 USD
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200000 USD
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0 USD
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3600000 USD
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0 shares
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CY2011Q3 cboe Access Fees
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cboe Access Fees
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48107000 USD
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15965000 USD
cboe Access Fees
AccessFees
51564000 USD
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1196000 USD
CY2011Q4 cboe Accrued Expense Linkage
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1653000 USD
CY2012Q3 cboe Accrued Expenses Facilities
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1610000 USD
CY2011Q4 cboe Accrued Expenses Facilities
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2229000 USD
CY2011Q4 cboe Accrued Legal Fees Current
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962000 USD
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AccruedLegalFeesCurrent
2503000 USD
CY2011Q4 cboe Cost Method Investment Ownership Percentage
CostMethodInvestmentOwnershipPercentage
0.0625
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0.100
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0.15
CY2011Q3 cboe Market Data Fees
MarketDataFees
4909000 USD
CY2012Q3 cboe Market Data Fees
MarketDataFees
6101000 USD
CY2012Q3 cboe Marketing Fee Payable Current
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9043000 USD
cboe Market Data Fees
MarketDataFees
18850000 USD
cboe Equity Gain Loss Investments
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1282000 USD
cboe Equity Gain Loss Investments
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190000 USD
cboe Exchange Services And Other Fees
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13497000 USD
cboe Exchange Services And Other Fees
ExchangeServicesAndOtherFees
23072000 USD
CY2012Q3 cboe Exchange Services And Other Fees
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7771000 USD
CY2011Q3 cboe Exchange Services And Other Fees
ExchangeServicesAndOtherFees
4531000 USD
CY2011Q4 cboe Finite Lived Data Processing Software And Other Asset
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36001000 USD
CY2012Q3 cboe Finite Lived Data Processing Software And Other Asset
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30499000 USD
CY2011Q4 cboe Finite Lived Software Developmen Twork In Progress
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6168000 USD
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11881000 USD
CY2011Q3 cboe Income Loss From Continuing Operations Before Income Taxes Minority Interest And After Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndAfterIncomeLossFromEquityMethodInvestments
74565000 USD
cboe Income Loss From Continuing Operations Before Income Taxes Minority Interest And After Income Loss From Equity Method Investments
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187747000 USD
CY2012Q3 cboe Income Loss From Continuing Operations Before Income Taxes Minority Interest And After Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndAfterIncomeLossFromEquityMethodInvestments
60534000 USD
cboe Income Loss From Continuing Operations Before Income Taxes Minority Interest And After Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndAfterIncomeLossFromEquityMethodInvestments
183153000 USD
cboe Increase Decrease In Marketing Fee Payable
IncreaseDecreaseInMarketingFeePayable
3278000 USD
cboe Increase Decrease In Marketing Fee Payable
IncreaseDecreaseInMarketingFeePayable
-809000 USD
cboe Increase Decrease In Marketing Fee Receivable
IncreaseDecreaseInMarketingFeeReceivable
-816000 USD
cboe Increase Decrease In Marketing Fee Receivable
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3261000 USD
CY2011Q4 cboe Liability For Treasury Shares
LiabilityForTreasuryShares
2018000 USD
CY2012Q3 cboe Liability For Treasury Shares
LiabilityForTreasuryShares
0 USD
cboe Liquidity Provider Transaction Fee Sliding Scale Monthly Contract Volume For Reduced Fees Minimum
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800000 contracts
cboe Market Data Fees
MarketDataFees
14847000 USD
CY2011Q4 cboe Marketing Fee Payable Current
MarketingFeePayableCurrent
5765000 USD
CY2011Q4 cboe Marketing Fee Receivable Current
MarketingFeeReceivableCurrent
5195000 USD
CY2012Q3 cboe Marketing Fee Receivable Current
MarketingFeeReceivableCurrent
8456000 USD
CY2012Q3 cboe Post Retirement Medical Benefits Current
PostRetirementMedicalBenefitsCurrent
26000 USD
CY2011Q4 cboe Post Retirement Medical Benefits Current
PostRetirementMedicalBenefitsCurrent
100000 USD
CY2012Q3 cboe Post Retirement Medical Benefits Noncurrent
PostRetirementMedicalBenefitsNoncurrent
1882000 USD
CY2011Q4 cboe Post Retirement Medical Benefits Noncurrent
PostRetirementMedicalBenefitsNoncurrent
1781000 USD
cboe Purchase Of Restricted Stock From Employees
PurchaseOfRestrictedStockFromEmployees
-3127000 USD
cboe Purchase Of Restricted Stock From Employees Cash Flow Impact
PurchaseOfRestrictedStockFromEmployeesCashFlowImpact
3127000 USD
cboe Purchase Of Restricted Stock From Employees Cash Flow Impact
PurchaseOfRestrictedStockFromEmployeesCashFlowImpact
3075000 USD
cboe Purchase Of Unrestrcited Common Stock
PurchaseOfUnrestrcitedCommonStock
-49744000 USD
CY2011Q3 cboe Regulatory Fees
RegulatoryFees
5266000 USD
cboe Regulatory Fees
RegulatoryFees
14994000 USD
CY2012Q3 cboe Regulatory Fees
RegulatoryFees
5711000 USD
cboe Regulatory Fees
RegulatoryFees
14487000 USD
CY2012Q3 cboe Stock Repurchase Program Total Acquired
StockRepurchaseProgramTotalAcquired
3707424 shares
cboe Trading Volume Incentives
TradingVolumeIncentives
5248000 USD
CY2012Q3 cboe Trading Volume Incentives
TradingVolumeIncentives
1423000 USD
cboe Trading Volume Incentives
TradingVolumeIncentives
11799000 USD
CY2011Q3 cboe Trading Volume Incentives
TradingVolumeIncentives
3525000 USD
CY2012Q3 cboe Transaction Fees
TransactionFees
86621000 USD
cboe Transaction Fees
TransactionFees
266341000 USD
cboe Transaction Fees
TransactionFees
286018000 USD
CY2011Q3 cboe Transaction Fees
TransactionFees
109840000 USD
CY2012Q3 cboe Treasury Shares Acquired Value
TreasurySharesAcquiredValue
96700000 USD
CY2012Q3 cboe Treasury Stock Acquiredcost Per Share
TreasuryStockAcquiredcostPerShare
26.09
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
dei Document Period End Date
DocumentPeriodEndDate
2012-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001374310
CY2012Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
87271635 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
CBOE Holdings, Inc.

Files In Submission

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0001374310-12-000024.txt Edgar Link pending
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