$MANH
MANHATTAN ASSOCIATES INC

2021 Q3 Form 10-Q Financial Statement

#000156459021052706 Filed on October 28, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2020 Q3 2019 Q4
Revenue $169.2M $149.8M $152.9M
YoY Change 12.97% -7.71% 5.93%
Cost Of Revenue $71.50M $65.20M $71.90M
YoY Change 9.67% -12.33% 14.49%
Gross Profit $97.68M $84.60M $81.10M
YoY Change 15.46% -3.76% -0.49%
Gross Profit Margin 57.74% 56.49% 53.03%
Selling, General & Admin $29.99M $26.94M $31.95M
YoY Change 11.32% -5.03% 18.03%
% of Gross Profit 30.7% 31.84% 39.39%
Research & Development $23.37M $20.45M $21.78M
YoY Change 14.27% -9.55% 19.64%
% of Gross Profit 23.93% 24.18% 26.86%
Depreciation & Amortization $1.917M $2.200M $2.300M
YoY Change -12.86% 15.79% 15.0%
% of Gross Profit 1.96% 2.6% 2.84%
Operating Expenses $55.27M $47.39M $53.73M
YoY Change 16.64% -7.03% 18.68%
Operating Profit $42.41M $34.98M $25.07M
YoY Change 21.25% -0.06% -26.86%
Interest Expense $400.0K
YoY Change -63.64%
% of Operating Profit 1.6%
Other Income/Expense, Net -$42.00K -$900.0K -$600.0K
YoY Change -95.33% -211.11% -33.41%
Pretax Income $42.37M $34.09M $24.85M
YoY Change 24.3% -4.81% -25.53%
Income Tax $5.712M $9.119M $8.096M
% Of Pretax Income 13.48% 26.75% 32.57%
Net Earnings $36.65M $24.97M $16.76M
YoY Change 46.82% -7.9% -35.33%
Net Earnings / Revenue 21.67% 16.67% 10.96%
Basic Earnings Per Share $0.58 $0.39 $0.26
Diluted Earnings Per Share $570.6K $0.39 $0.26
COMMON SHARES
Basic Shares Outstanding 63.36M 63.52M 63.82M
Diluted Shares Outstanding 64.24M 64.43M 64.81M

Balance Sheet

Concept 2021 Q3 2020 Q3 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $246.4M $166.3M $110.7M
YoY Change 48.17% 46.39% 10.04%
Cash & Equivalents $246.4M $166.3M $110.7M
Short-Term Investments $0.00
Other Short-Term Assets $23.88M $16.80M $4.935M
YoY Change 42.13% -14.29% 78.16%
Inventory
Prepaid Expenses $14.16M
Receivables $361.8M $105.3M $100.9M
Other Receivables $0.00 $0.00 $1.400M
Total Short-Term Assets $385.7M $288.4M $232.0M
YoY Change 33.73% 19.37% 7.73%
LONG-TERM ASSETS
Property, Plant & Equipment $41.87M $49.10M $22.73M
YoY Change -14.72% -15.49% 58.72%
Goodwill $62.20M
YoY Change -0.06%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $24.50M $17.30M $12.57M
YoY Change 41.62% -5.46% 28.64%
Total Long-Term Assets $128.6M $128.6M $140.2M
YoY Change 0.01% -7.28% 52.82%
TOTAL ASSETS
Total Short-Term Assets $385.7M $288.4M $232.0M
Total Long-Term Assets $128.6M $128.6M $140.2M
Total Assets $514.3M $417.0M $372.3M
YoY Change 23.33% 9.65% 21.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $21.65M $18.00M $20.56M
YoY Change 20.26% -15.09% 13.09%
Accrued Expenses $72.22M $52.50M $65.30M
YoY Change 37.55% -11.62% 56.97%
Deferred Revenue $94.37M
YoY Change 15.24%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $232.9M $185.1M $181.6M
YoY Change 25.8% 1.42% 25.01%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $42.79M $43.90M $15.95M
YoY Change -2.52% 259.13% 8.62%
Total Long-Term Liabilities $42.79M $43.90M $15.95M
YoY Change -2.52% 259.13% 8.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $232.9M $185.1M $181.6M
Total Long-Term Liabilities $42.79M $43.90M $15.95M
Total Liabilities $275.7M $229.0M $197.5M
YoY Change 20.37% 0.17% 23.51%
SHAREHOLDERS EQUITY
Retained Earnings $159.5M
YoY Change -2.37%
Common Stock $635.0K
YoY Change -2.16%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $238.6M $188.0M $142.3M
YoY Change
Total Liabilities & Shareholders Equity $514.3M $417.0M $372.3M
YoY Change 23.33% 9.65% 21.2%

Cashflow Statement

Concept 2021 Q3 2020 Q3 2019 Q4
OPERATING ACTIVITIES
Net Income $36.65M $24.97M $16.76M
YoY Change 46.82% -7.9% -35.33%
Depreciation, Depletion And Amortization $1.917M $2.200M $2.300M
YoY Change -12.86% 15.79% 15.0%
Cash From Operating Activities $59.69M $42.50M $34.60M
YoY Change 40.44% 6.52% 1.76%
INVESTING ACTIVITIES
Capital Expenditures -$987.0K -$100.0K -$3.800M
YoY Change 887.0% -98.77% 111.11%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$987.0K -$100.0K -$3.900M
YoY Change 887.0% -98.75% -533.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -20.76M -300.0K -35.00M
YoY Change 6818.67% -99.17% 41.7%
NET CHANGE
Cash From Operating Activities 59.69M 42.50M 34.60M
Cash From Investing Activities -987.0K -100.0K -3.900M
Cash From Financing Activities -20.76M -300.0K -35.00M
Net Change In Cash 37.94M 42.10M -4.300M
YoY Change -9.88% -1056.82% -142.16%
FREE CASH FLOW
Cash From Operating Activities $59.69M $42.50M $34.60M
Capital Expenditures -$987.0K -$100.0K -$3.800M
Free Cash Flow $60.67M $42.60M $38.40M
YoY Change 42.42% -11.25% 7.26%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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us-gaap Revenue Practical Expedient Remaining Performance Obligation Description
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We expect to recognize revenue on approximately 45% of these remaining performance obligations over the next 24 months with the balance recognized thereafter.
manh Expected Percentage Of Revenue Recognized From Remaining Performance Obligation Over Twenty Four Months
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