2013 Q2 Form 10-Q Financial Statement

#000138627813000055 Filed on August 09, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q2
Revenue $140.6M $135.0M
YoY Change 4.12% 17.4%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $123.3M $117.9M
YoY Change 4.58% 23.2%
% of Gross Profit
Research & Development $19.95M $19.02M
YoY Change 4.9% 9.73%
% of Gross Profit
Depreciation & Amortization $6.600M $4.000M
YoY Change 65.0% 33.33%
% of Gross Profit
Operating Expenses $123.3M $117.9M
YoY Change 4.53% 23.23%
Operating Profit $17.36M $17.14M
YoY Change 1.28% -11.45%
Interest Expense $800.0K $1.200M
YoY Change -33.33% 1100.0%
% of Operating Profit 4.61% 7.0%
Other Income/Expense, Net
YoY Change
Pretax Income $18.19M $18.30M
YoY Change -0.6% -6.07%
Income Tax $6.890M $7.434M
% Of Pretax Income 37.87% 40.62%
Net Earnings $11.30M $10.87M
YoY Change 4.0% -9.95%
Net Earnings / Revenue 8.04% 8.05%
Basic Earnings Per Share
Diluted Earnings Per Share $307.9K $263.3K
COMMON SHARES
Basic Shares Outstanding 35.38M shares
Diluted Shares Outstanding 36.69M shares

Balance Sheet

Concept 2013 Q2 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $510.7M $196.2M
YoY Change 160.3% -1.36%
Cash & Equivalents $406.1M $121.3M
Short-Term Investments $104.6M $74.80M
Other Short-Term Assets $65.90M $64.90M
YoY Change 1.54% 108.01%
Inventory
Prepaid Expenses
Receivables $46.04M $44.64M
Other Receivables $0.00 $2.700M
Total Short-Term Assets $622.7M $308.4M
YoY Change 101.89% 16.97%
LONG-TERM ASSETS
Property, Plant & Equipment $58.36M $36.01M
YoY Change 62.09% 61.14%
Goodwill $39.47M
YoY Change
Intangibles
YoY Change
Long-Term Investments $68.80M $67.70M
YoY Change 1.62% 383.57%
Other Assets $14.50M $22.10M
YoY Change -34.39% 21.43%
Total Long-Term Assets $185.7M $182.4M
YoY Change 1.81% 213.35%
TOTAL ASSETS
Total Short-Term Assets $622.7M $308.4M
Total Long-Term Assets $185.7M $182.4M
Total Assets $808.5M $490.9M
YoY Change 64.7% 52.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.86M $26.10M
YoY Change -39.24% 63.74%
Accrued Expenses $30.60M $23.00M
YoY Change 33.04% 50.33%
Deferred Revenue
YoY Change
Short-Term Debt $253.5M $78.60M
YoY Change 222.52% 96.99%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $408.3M $175.0M
YoY Change 133.28% 73.36%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $32.29M $9.748M
YoY Change 231.22% 83.79%
Total Long-Term Liabilities $32.29M $9.748M
YoY Change 231.22% 83.79%
TOTAL LIABILITIES
Total Short-Term Liabilities $408.3M $175.0M
Total Long-Term Liabilities $32.29M $9.748M
Total Liabilities $440.6M $191.1M
YoY Change 130.61% 71.65%
SHAREHOLDERS EQUITY
Retained Earnings $195.9M $150.7M
YoY Change 29.92% 59.64%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $367.9M $299.8M
YoY Change
Total Liabilities & Shareholders Equity $808.5M $490.9M
YoY Change 64.7% 52.48%

Cashflow Statement

Concept 2013 Q2 2012 Q2
OPERATING ACTIVITIES
Net Income $11.30M $10.87M
YoY Change 4.0% -9.95%
Depreciation, Depletion And Amortization $6.600M $4.000M
YoY Change 65.0% 33.33%
Cash From Operating Activities $62.60M $19.20M
YoY Change 226.04% 28.86%
INVESTING ACTIVITIES
Capital Expenditures -$8.100M -$9.100M
YoY Change -10.99% 56.9%
Acquisitions
YoY Change
Other Investing Activities -$9.500M -$3.500M
YoY Change 171.43% -89.1%
Cash From Investing Activities -$17.80M -$12.60M
YoY Change 41.27% -66.84%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -11.00M -3.200M
YoY Change 243.75% -200.0%
NET CHANGE
Cash From Operating Activities 62.60M 19.20M
Cash From Investing Activities -17.80M -12.60M
Cash From Financing Activities -11.00M -3.200M
Net Change In Cash 33.80M 3.400M
YoY Change 894.12% -117.09%
FREE CASH FLOW
Cash From Operating Activities $62.60M $19.20M
Capital Expenditures -$8.100M -$9.100M
Free Cash Flow $70.70M $28.30M
YoY Change 149.82% 36.71%

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ProvisionForDoubtfulAccounts
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0 USD
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ProvisionForLoanLeaseAndOtherLosses
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CY2013Q2 us-gaap Revenues
Revenues
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us-gaap Revenues
Revenues
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us-gaap Revenues
Revenues
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Revenues
135043000 USD
CY2012Q2 us-gaap Selling And Marketing Expense
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us-gaap Selling And Marketing Expense
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SellingAndMarketingExpense
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
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TaxesPayableCurrent
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TaxesPayableCurrent
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CY2012Q4 gdot Amounts Due To Card Issuing Banks For Overdrawn Accounts
AmountsDueToCardIssuingBanksForOverdrawnAccounts
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dei Document Type
DocumentType
10-Q
CY2013Q2 gdot Amounts Due To Card Issuing Banks For Overdrawn Accounts
AmountsDueToCardIssuingBanksForOverdrawnAccounts
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gdot Card Revenues And Other Fees
CardRevenuesAndOtherFees
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CardRevenuesAndOtherFees
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gdot Cash And Cash Equivalents And Federal Funds Sold Period Increase Decrease
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gdot Cash And Cash Equivalents And Federal Funds Sold Period Increase Decrease
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gdot Cash Transfer Revenues
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CY2013Q2 gdot Client Funds Held
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gdot Effective Tax Rate Excluding Certain Discrete Items
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gdot Fair Value Equity Level Transfer
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0
CY2013Q2 gdot Goodwill And Intangible Assets
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gdot Increase Decrease In Amounts Due To Card Issuing Bank For Overdrawn Accounts
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gdot Increase Decrease In Amounts Due To Card Issuing Bank For Overdrawn Accounts
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gdot Interchange Revenues
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CY2013Q2 gdot Interchange Revenues
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gdot Interchange Revenues
InterchangeRevenues
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CY2013Q2 gdot Loans Percentage Oustanding
LoansPercentageOustanding
1.0000
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CY2013Q2 gdot Loans Percentage Outstanding3059 Days Past Due
LoansPercentageOutstanding3059DaysPastDue
0.0000
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CY2013Q2 gdot Loans Percentage Outstanding6089 Days Past Due
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CY2012Q4 gdot Loans Percentage Outstanding6089 Days Past Due
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0.0004
CY2013Q2 gdot Loans Percentage Outstanding90 Days Or More
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CY2012Q4 gdot Loans Percentage Outstanding90 Days Or More
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CY2012Q4 gdot Loans Percentage Outstanding Current Or Less Than30 Days Past Due
LoansPercentageOutstandingCurrentOrLessThan30DaysPastDue
0.9760
CY2013Q2 gdot Loans Percentage Outstanding Current Or Less Than30 Days Past Due
LoansPercentageOutstandingCurrentOrLessThan30DaysPastDue
0.9711
CY2013Q2 gdot Loans Percentage Outstanding Total Past Due30 Days Or More
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0.0289
CY2012Q4 gdot Loans Percentage Outstanding Total Past Due30 Days Or More
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CY2012Q2 gdot Stock Based Retailer Incentive Compensation
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StockBasedRetailerIncentiveCompensation
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gdot Stock Based Retailer Incentive Compensation
StockBasedRetailerIncentiveCompensation
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gdot Stock Based Retailer Incentive Compensation
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dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Period End Date
DocumentPeriodEndDate
2013-06-30
dei Entity Central Index Key
EntityCentralIndexKey
0001386278
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
GREEN DOT CORP
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
dei Trading Symbol
TradingSymbol
GDOT

Files In Submission

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0001386278-13-000055-index.html Edgar Link pending
0001386278-13-000055.txt Edgar Link pending
0001386278-13-000055-xbrl.zip Edgar Link pending
a2013-06x30form10xq.htm Edgar Link pending
exb102-amendtowalmartmoney.htm Edgar Link pending
exb103-addtlprodamendtowal.htm Edgar Link pending
exb311-gdot06302013.htm Edgar Link pending
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