2013 Q4 Form 10-K Financial Statement

#000119312515073581 Filed on March 02, 2015

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2013 Q2
Revenue $255.5M $225.2M $220.9M
YoY Change 26.1% 20.44% 28.55%
Cost Of Revenue $17.80M $16.90M $19.60M
YoY Change 1.14% 144.93% 10.73%
Gross Profit $237.7M $208.2M $201.3M
YoY Change 28.49% 15.65% 30.54%
Gross Profit Margin 93.03% 92.47% 91.14%
Selling, General & Admin $107.5M $45.42M $44.34M
YoY Change 40.16% 3.2% 30.04%
% of Gross Profit 45.23% 21.81% 22.03%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $22.50M $16.40M $14.30M
YoY Change 64.23% 35.54% 38.83%
% of Gross Profit 9.47% 7.88% 7.1%
Operating Expenses $131.7M $45.42M $44.34M
YoY Change 43.46% 3.2% 30.04%
Operating Profit $106.1M $111.3M $109.1M
YoY Change 13.82% 29.62% 33.92%
Interest Expense -$5.500M $3.756M -$3.800M
YoY Change 61.76% 15.71% -234.85%
% of Operating Profit -5.19% 3.38% -3.48%
Other Income/Expense, Net -$500.0K $156.0K $6.000K
YoY Change -16.67% 5100.0% -100.22%
Pretax Income $100.1M $107.7M $105.3M
YoY Change 12.22% 30.35% 33.84%
Income Tax $32.00M $29.04M $32.23M
% Of Pretax Income 31.97% 26.97% 30.6%
Net Earnings $68.12M $78.62M $73.10M
YoY Change 13.4% 31.81% 34.37%
Net Earnings / Revenue 26.66% 34.92% 33.1%
Basic Earnings Per Share $0.83 $0.96 $0.90
Diluted Earnings Per Share $0.80 $0.93 $0.87
COMMON SHARES
Basic Shares Outstanding 82.39M shares 81.97M shares 81.57M shares
Diluted Shares Outstanding 85.28M shares 84.91M shares 84.46M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $338.0M $346.0M $293.0M
YoY Change 19.01% 15.33% 14.45%
Cash & Equivalents $338.1M $345.7M $292.9M
Short-Term Investments
Other Short-Term Assets $93.00M $89.00M $83.00M
YoY Change 5.68% 5.95% 15.28%
Inventory
Prepaid Expenses
Receivables $573.4M $661.9M $627.7M
Other Receivables $349.0M $394.0M $402.0M
Total Short-Term Assets $1.354B $1.491B $1.406B
YoY Change 13.23% 13.09% 17.32%
LONG-TERM ASSETS
Property, Plant & Equipment $53.96M $48.80M $46.65M
YoY Change 19.38% 4.85% 30.77%
Goodwill $1.536B $1.242B $994.6M
YoY Change 65.73% 34.45% 28.22%
Intangibles $871.3M $643.9M $515.7M
YoY Change 87.83% 38.25% 26.17%
Long-Term Investments
YoY Change
Other Assets $100.8M $49.88M $50.27M
YoY Change 10.93% -43.39% -41.7%
Total Long-Term Assets $2.579B $1.985B $1.607B
YoY Change 68.93% 30.21% 23.03%
TOTAL ASSETS
Total Short-Term Assets $1.354B $1.491B $1.406B
Total Long-Term Assets $2.579B $1.985B $1.607B
Total Assets $3.932B $3.475B $3.013B
YoY Change 44.47% 22.27% 20.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $467.2M $567.4M $528.2M
YoY Change 11.61% 6.44% 11.23%
Accrued Expenses $114.9M $69.05M $65.87M
YoY Change 51.52% 13.77% 88.96%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $394.0M $402.0M
YoY Change -100.0% 10.99% 23.69%
Long-Term Debt Due $1.011B $654.9M $548.1M
YoY Change 129.94% 12.21% 20.49%
Total Short-Term Liabilities $1.909B $1.597B $1.301B
YoY Change 67.12% 17.82% 14.57%
LONG-TERM LIABILITIES
Long-Term Debt $474.9M $479.1M $486.0M
YoY Change -2.12% 71.8% 69.96%
Other Long-Term Liabilities $55.00M
YoY Change
Total Long-Term Liabilities $779.4M $704.2M $662.5M
YoY Change 17.06% 55.93% 54.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.909B $1.597B $1.301B
Total Long-Term Liabilities $779.4M $704.2M $662.5M
Total Liabilities $2.688B $2.301B $1.963B
YoY Change 48.69% 27.35% 25.62%
SHAREHOLDERS EQUITY
Retained Earnings $1.035B $967.1M $888.5M
YoY Change 37.9% 40.03% 40.81%
Common Stock $117.0K $117.0K $117.0K
YoY Change 0.86% 0.86% 1.74%
Preferred Stock
YoY Change
Treasury Stock (at cost) $375.7M $375.7M $375.7M
YoY Change 0.0% 113.85% 113.85%
Treasury Stock Shares 35.73M shares 35.73M shares 35.73M shares
Shareholders Equity $1.224B $1.174B $1.050B
YoY Change
Total Liabilities & Shareholders Equity $3.932B $3.475B $3.013B
YoY Change 44.47% 22.27% 20.3%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2013 Q2
OPERATING ACTIVITIES
Net Income $68.12M $78.62M $73.10M
YoY Change 13.4% 31.81% 34.37%
Depreciation, Depletion And Amortization $22.50M $16.40M $14.30M
YoY Change 64.23% 35.54% 38.83%
Cash From Operating Activities $167.7M $125.3M $96.40M
YoY Change 63.77% 79.26% 25.03%
INVESTING ACTIVITIES
Capital Expenditures -$5.500M $5.240M $5.346M
YoY Change 0.0% 0.71% 9.82%
Acquisitions
YoY Change
Other Investing Activities -$351.3M -$220.0M -$62.20M
YoY Change 58450.0% 42.58% 75.21%
Cash From Investing Activities -$356.8M -$225.2M -$67.60M
YoY Change 5749.18% 41.1% 67.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 182.1M 143.5M 46.50M
YoY Change -259.46% 13.62% -174.76%
NET CHANGE
Cash From Operating Activities 167.7M 125.3M 96.40M
Cash From Investing Activities -356.8M -225.2M -67.60M
Cash From Financing Activities 182.1M 143.5M 46.50M
Net Change In Cash -7.000M 43.60M 75.30M
YoY Change -60.89% 19.13% -396.46%
FREE CASH FLOW
Cash From Operating Activities $167.7M $125.3M $96.40M
Capital Expenditures -$5.500M $5.240M $5.346M
Free Cash Flow $173.2M $120.1M $91.05M
YoY Change 60.52% 85.57% 26.06%

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CY2013 flt Processing Expenses
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CY2014 dei Document Type
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10-K
CY2014 dei Entity Registrant Name
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FLEETCOR TECHNOLOGIES INC
CY2014 dei Entity Well Known Seasoned Issuer
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Yes
CY2014 dei Trading Symbol
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FLT
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CY2014 dei Entity Filer Category
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CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
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CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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CY2014 dei Document Period End Date
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CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
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31.48
CY2014 dei Amendment Flag
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CY2014 dei Current Fiscal Year End Date
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CY2014 dei Document Fiscal Year Focus
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2014
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2014 dei Entity Central Index Key
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CY2014 dei Document Fiscal Period Focus
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