$PLUS
EPLUS INC

2014 Q1 Form 10-K Financial Statement

#000102240814000030 Filed on June 04, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q2 2013 Q1
Revenue $259.9M $259.3M $236.3M
YoY Change 9.99% 5.97% 7.9%
Cost Of Revenue $205.3M $206.6M $183.0M
YoY Change 12.19% 5.09% 4.63%
Gross Profit $54.70M $52.70M $53.30M
YoY Change 2.63% 9.56% 20.86%
Gross Profit Margin 21.05% 20.32% 22.56%
Selling, General & Admin $40.10M $38.90M $40.10M
YoY Change 0.0% 14.08% 9.26%
% of Gross Profit 73.31% 73.81% 75.23%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.000M $3.700M $3.500M
YoY Change -14.29% 37.04% 66.67%
% of Gross Profit 5.48% 7.02% 6.57%
Operating Expenses $40.10M $38.90M $40.10M
YoY Change 0.0% 13.74% 9.26%
Operating Profit $14.60M $13.80M $13.20M
YoY Change 10.61% -0.72% 78.38%
Interest Expense -$600.0K -$500.0K -$500.0K
YoY Change 20.0% 25.0% 25.0%
% of Operating Profit -4.11% -3.62% -3.79%
Other Income/Expense, Net
YoY Change
Pretax Income $14.00M $13.40M $12.70M
YoY Change 10.24% -1.47% 81.43%
Income Tax $5.800M $5.500M $5.000M
% Of Pretax Income 41.43% 41.04% 39.37%
Net Earnings $8.200M $7.900M $7.700M
YoY Change 6.49% -2.47% 97.44%
Net Earnings / Revenue 3.16% 3.05% 3.26%
Basic Earnings Per Share $1.04 $0.98 $0.96
Diluted Earnings Per Share $1.03 $493.8K $0.95
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q1 2013 Q2 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $82.70M $72.70M $53.70M
YoY Change 54.0% 31.23% 58.88%
Cash & Equivalents $80.20M $72.70M $52.70M
Short-Term Investments $2.500M $1.000M
Other Short-Term Assets $19.00M $2.800M $14.10M
YoY Change 34.75% 47.37% 540.91%
Inventory $22.60M $27.70M $14.80M
Prepaid Expenses
Receivables $211.3M $197.2M $173.4M
Other Receivables $89.70M $2.800M $67.70M
Total Short-Term Assets $425.3M $303.3M $323.7M
YoY Change 31.39% 11.96% 35.78%
LONG-TERM ASSETS
Property, Plant & Equipment $4.300M $2.200M
YoY Change 95.45%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $89.50M
YoY Change -16.2%
Other Assets $3.700M $19.90M $4.500M
YoY Change -17.78% -7.01% -68.09%
Total Long-Term Assets $128.5M $191.2M $116.2M
YoY Change 10.59% 8.7% -40.5%
TOTAL ASSETS
Total Short-Term Assets $425.3M $303.3M $323.7M
Total Long-Term Assets $128.5M $191.2M $116.2M
Total Assets $553.8M $494.5M $439.9M
YoY Change 25.89% 10.68% 1.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $162.1M $154.6M $103.0M
YoY Change 57.38% 19.57% -20.71%
Accrued Expenses $17.70M $21.20M $22.40M
YoY Change -20.98% -0.47% -10.04%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $32.40M $22.60M
YoY Change 43.36%
Total Short-Term Liabilities $244.1M $184.9M $172.1M
YoY Change 41.84% 3.24% -4.5%
LONG-TERM LIABILITIES
Long-Term Debt $36.50M $40.40M $19.20M
YoY Change 90.1% 17.1% -31.67%
Other Long-Term Liabilities $1.800M $18.30M $3.600M
YoY Change -50.0%
Total Long-Term Liabilities $38.30M $58.70M $22.80M
YoY Change 67.98% 70.14% -18.86%
TOTAL LIABILITIES
Total Short-Term Liabilities $244.1M $184.9M $172.1M
Total Long-Term Liabilities $38.30M $58.70M $22.80M
Total Liabilities $287.5M $248.3M $201.7M
YoY Change 42.54% 13.17% -5.79%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $266.4M $246.2M $238.2M
YoY Change
Total Liabilities & Shareholders Equity $553.8M $494.5M $439.9M
YoY Change 25.89% 10.68% 1.43%

Cashflow Statement

Concept 2014 Q1 2013 Q2 2013 Q1
OPERATING ACTIVITIES
Net Income $8.200M $7.900M $7.700M
YoY Change 6.49% -2.47% 97.44%
Depreciation, Depletion And Amortization $3.000M $3.700M $3.500M
YoY Change -14.29% 37.04% 66.67%
Cash From Operating Activities $18.60M -$7.100M $27.50M
YoY Change -32.36% -40.34% 848.28%
INVESTING ACTIVITIES
Capital Expenditures $800.0K -$3.300M -$3.000M
YoY Change -126.67% 175.0% 328.57%
Acquisitions
YoY Change
Other Investing Activities -$8.400M -$11.80M -$8.700M
YoY Change -3.45% -182.52% -73.07%
Cash From Investing Activities -$7.600M -$15.10M -$11.80M
YoY Change -35.59% -215.27% -64.13%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 28.70M 42.20M -5.200M
YoY Change -651.92% 106.86% -153.61%
NET CHANGE
Cash From Operating Activities 18.60M -7.100M 27.50M
Cash From Investing Activities -7.600M -15.10M -11.80M
Cash From Financing Activities 28.70M 42.20M -5.200M
Net Change In Cash 39.70M 20.00M 10.50M
YoY Change 278.1% -7.41% -151.72%
FREE CASH FLOW
Cash From Operating Activities $18.60M -$7.100M $27.50M
Capital Expenditures $800.0K -$3.300M -$3.000M
Free Cash Flow $17.80M -$3.800M $30.50M
YoY Change -41.64% -64.49% 747.22%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.00
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.25
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.03
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.32
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.37
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.07
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.11
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.04
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.33
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.01
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.98
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.96
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.26
CY2013Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
5129000
CY2014Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
5752000
CY2013Q1 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
24467000
CY2014Q1 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
19988000

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0001022408-14-000030-index-headers.html Edgar Link pending
0001022408-14-000030-index.html Edgar Link pending
0001022408-14-000030.txt Edgar Link pending
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