$PJT
PJT Partners Inc.

2017 Q2 Form 10-Q Financial Statement

#000156459017015683 Filed on August 04, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q4 2016 Q2
Revenue $109.3M $173.5M $89.28M
YoY Change 22.43% 67.11% 23.2%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $105.0M $141.0M $90.70M
YoY Change 15.77% 10.76% 18.25%
% of Gross Profit
Research & Development $2.854M
YoY Change
% of Gross Profit
Depreciation & Amortization $1.400M $10.30M $1.200M
YoY Change 16.67% 164.1% 50.0%
% of Gross Profit
Operating Expenses $2.854M $143.1M $98.80M
YoY Change -97.11% 8.9% 26.5%
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$4.400M -$6.400M -$800.0K
YoY Change 450.0% 481.82% 0.0%
Pretax Income -$2.083M $23.98M -$10.26M
YoY Change -79.69% -183.65% 59.26%
Income Tax -$1.518M $5.300M -$5.539M
% Of Pretax Income 22.1%
Net Earnings $215.0K $6.745M -$323.0K
YoY Change -166.56% -160.31% -95.4%
Net Earnings / Revenue 0.2% 3.89% -0.36%
Basic Earnings Per Share
Diluted Earnings Per Share $10.64K $366.1K -$16.39K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q2 2016 Q4 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $60.90M $152.4M $103.2M
YoY Change -40.99% 85.18% 45.76%
Cash & Equivalents $60.88M $152.4M $103.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $220.6M $227.6M $184.6M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $281.5M $380.0M $287.8M
YoY Change -2.19% 50.85% 11.21%
LONG-TERM ASSETS
Property, Plant & Equipment $36.10M $38.16M $37.05M
YoY Change -2.56% 21.17% 444.81%
Goodwill $72.29M $72.29M
YoY Change -4.6%
Intangibles
YoY Change
Long-Term Investments $34.90M
YoY Change
Other Assets $75.10M $71.00M $74.00M
YoY Change 1.49% 2.16% 1955.56%
Total Long-Term Assets $258.1M $210.5M $227.6M
YoY Change 13.41% -2.26% 129.88%
TOTAL ASSETS
Total Short-Term Assets $281.5M $380.0M $287.8M
Total Long-Term Assets $258.1M $210.5M $227.6M
Total Assets $539.6M $590.5M $515.4M
YoY Change 4.7% 26.37% 44.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $18.30M $17.40M $29.10M
YoY Change -37.11% -41.02% 70.18%
Accrued Expenses $74.00M $140.1M $79.00M
YoY Change -6.33% 72.54% 42.86%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $93.50M $159.0M $109.0M
YoY Change -14.22% 41.46% 50.34%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $20.20M $18.10M $22.20M
YoY Change -9.01% 40.31% 1380.0%
Total Long-Term Liabilities $20.20M $18.10M $22.20M
YoY Change -9.01% 40.31% 1380.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $93.50M $159.0M $109.0M
Total Long-Term Liabilities $20.20M $18.10M $22.20M
Total Liabilities $689.3M $177.1M $131.2M
YoY Change 425.44% 41.29% 77.52%
SHAREHOLDERS EQUITY
Retained Earnings -$17.95M -$13.11M
YoY Change 60.46%
Common Stock $9.145M $97.83M
YoY Change -78.8%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$149.7M -$8.560M $85.42M
YoY Change
Total Liabilities & Shareholders Equity $539.6M $590.5M $515.4M
YoY Change 4.7% 26.37% 44.05%

Cashflow Statement

Concept 2017 Q2 2016 Q4 2016 Q2
OPERATING ACTIVITIES
Net Income $215.0K $6.745M -$323.0K
YoY Change -166.56% -160.31% -95.4%
Depreciation, Depletion And Amortization $1.400M $10.30M $1.200M
YoY Change 16.67% 164.1% 50.0%
Cash From Operating Activities $31.20M $19.90M $19.60M
YoY Change 59.18% -178.97% -74.58%
INVESTING ACTIVITIES
Capital Expenditures -$200.0K -$300.0K -$2.300M
YoY Change -91.3% -99.01%
Acquisitions
YoY Change
Other Investing Activities -$10.00M -$800.0K $800.0K
YoY Change -1350.0% -107.69%
Cash From Investing Activities -$10.20M -$1.200M -$1.500M
YoY Change 580.0% -93.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -33.90M -23.60M -900.0K
YoY Change 3666.67% -122.33% -97.74%
NET CHANGE
Cash From Operating Activities 31.20M 19.90M 19.60M
Cash From Investing Activities -10.20M -1.200M -1.500M
Cash From Financing Activities -33.90M -23.60M -900.0K
Net Change In Cash -12.90M -4.900M 17.20M
YoY Change -175.0% -108.07% -53.89%
FREE CASH FLOW
Cash From Operating Activities $31.20M $19.90M $19.60M
Capital Expenditures -$200.0K -$300.0K -$2.300M
Free Cash Flow $31.40M $20.20M $21.90M
YoY Change 43.38% 304.0%

Facts In Submission

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CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
211490000
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals
17206000
CY2017Q2 pjt Net Minimum Operating Lease Payments
NetMinimumOperatingLeasePayments
194284000
CY2016Q1 pjt Loss Contingency Expense
LossContingencyExpense
8900000
CY2016 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
5600000
CY2016 us-gaap Payments For Legal Settlements
PaymentsForLegalSettlements
8900000
CY2017Q2 pjt Forfeiture Accrual At Carrying Value
ForfeitureAccrualAtCarryingValue
400000
CY2016Q4 pjt Forfeiture Accrual At Carrying Value
ForfeitureAccrualAtCarryingValue
500000
CY2017Q2 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
100000
CY2016Q2 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
100000

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