$SSNC
SS&C Technologies Holdings Inc

2013 Q2 Form 10-Q Financial Statement

#000119312513329154 Filed on August 09, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q2
Revenue $177.5M $120.9M
YoY Change 46.84% 31.64%
Cost Of Revenue $96.76M $63.10M
YoY Change 53.35% 38.38%
Gross Profit $80.70M $57.75M
YoY Change 39.73% 25.0%
Gross Profit Margin 45.47% 47.79%
Selling, General & Admin $21.77M $16.56M
YoY Change 31.45% 16.6%
% of Gross Profit 26.97% 28.67%
Research & Development $13.64M $10.65M
YoY Change 28.11% 16.99%
% of Gross Profit 16.9% 18.43%
Depreciation & Amortization $24.90M $15.70M
YoY Change 58.6% 48.11%
% of Gross Profit 30.86% 27.19%
Operating Expenses $35.40M $36.62M
YoY Change -3.33% 57.18%
Operating Profit $45.29M $21.13M
YoY Change 114.39% -7.75%
Interest Expense $11.78M $4.485M
YoY Change 162.74% -231.91%
% of Operating Profit 26.02% 21.23%
Other Income/Expense, Net $2.370M -$18.54M
YoY Change -112.78%
Pretax Income $35.88M -$6.257M
YoY Change -673.41% -132.09%
Income Tax $9.759M -$497.0K
% Of Pretax Income 27.2%
Net Earnings $26.12M -$5.760M
YoY Change -553.45% -144.31%
Net Earnings / Revenue 14.72% -4.77%
Basic Earnings Per Share $0.32 -$0.07
Diluted Earnings Per Share $0.31 -$0.07
COMMON SHARES
Basic Shares Outstanding 81.19M shares 78.10M shares
Diluted Shares Outstanding 85.28M shares 78.10M shares

Balance Sheet

Concept 2013 Q2 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $61.00M $134.0M
YoY Change -54.48% 61.45%
Cash & Equivalents $60.59M $134.5M
Short-Term Investments
Other Short-Term Assets $54.00M $46.00M
YoY Change 17.39% 187.5%
Inventory
Prepaid Expenses
Receivables $97.37M $85.00M
Other Receivables $0.00 $0.00
Total Short-Term Assets $212.3M $265.0M
YoY Change -19.87% 84.03%
LONG-TERM ASSETS
Property, Plant & Equipment $53.70M $51.00M
YoY Change 5.3% 264.29%
Goodwill $1.526B
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.000M $11.00M
YoY Change -90.91% 1000.0%
Total Long-Term Assets $2.070B $2.174B
YoY Change -4.77% 90.37%
TOTAL ASSETS
Total Short-Term Assets $212.3M $265.0M
Total Long-Term Assets $2.070B $2.174B
Total Assets $2.283B $2.439B
YoY Change -6.41% 89.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.542M $8.000M
YoY Change 6.78% 100.0%
Accrued Expenses $32.54M $62.00M
YoY Change -47.51% 181.82%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $20.20M $56.00M
YoY Change -63.94% 5500.0%
Total Short-Term Liabilities $143.9M $188.0M
YoY Change -23.48% 147.37%
LONG-TERM LIABILITIES
Long-Term Debt $891.0M $1.091B
YoY Change -18.33% 440.1%
Other Long-Term Liabilities $17.42M $15.00M
YoY Change 16.14% 7.14%
Total Long-Term Liabilities $17.42M $1.106B
YoY Change -98.42% 412.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $143.9M $188.0M
Total Long-Term Liabilities $17.42M $1.106B
Total Liabilities $1.167B $1.432B
YoY Change -18.5% 336.59%
SHAREHOLDERS EQUITY
Retained Earnings $223.1M
YoY Change
Common Stock $888.0M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.819M
YoY Change
Treasury Stock Shares 488.0K shares
Shareholders Equity $1.116B $1.007B
YoY Change
Total Liabilities & Shareholders Equity $2.283B $2.439B
YoY Change -6.41% 89.66%

Cashflow Statement

Concept 2013 Q2 2012 Q2
OPERATING ACTIVITIES
Net Income $26.12M -$5.760M
YoY Change -553.45% -144.31%
Depreciation, Depletion And Amortization $24.90M $15.70M
YoY Change 58.6% 48.11%
Cash From Operating Activities $49.40M $22.60M
YoY Change 118.58% -22.07%
INVESTING ACTIVITIES
Capital Expenditures -$6.000M -$3.800M
YoY Change 57.89% 80.95%
Acquisitions
YoY Change
Other Investing Activities $100.0K -$957.6M
YoY Change -100.01%
Cash From Investing Activities -$5.900M -$961.4M
YoY Change -99.39% 45680.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -50.50M 1.033B
YoY Change -104.89% -6939.74%
NET CHANGE
Cash From Operating Activities 49.40M 22.60M
Cash From Investing Activities -5.900M -961.4M
Cash From Financing Activities -50.50M 1.033B
Net Change In Cash -7.000M 94.00M
YoY Change -107.45% 696.61%
FREE CASH FLOW
Cash From Operating Activities $49.40M $22.60M
Capital Expenditures -$6.000M -$3.800M
Free Cash Flow $55.40M $26.40M
YoY Change 109.85% -15.11%

Facts In Submission

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dei Entity Registrant Name
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dei Document Type
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us-gaap Repayments Of Long Term Debt
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1592000
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ssnc Software Enabled Services Cost
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79975000
ssnc Software Enabled Services
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ssnc Transaction Costs
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ssnc Payment Of Contingent Consideration
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1800000
CY2013Q2 us-gaap Debt Instrument Interest Rate Terms
DebtInstrumentInterestRateTerms
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CY2012Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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CY2012Q2 us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
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CY2012Q2 us-gaap Earnings Per Share Basic
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CY2012Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
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CY2012Q2 us-gaap Technology Services Revenue
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7217000
CY2012Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
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CY2012Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2012Q2 us-gaap Gross Profit
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CY2012Q2 ssnc Software Enabled Services
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84889000
CY2012Q2 ssnc Transaction Costs
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9421000
CY2013Q2 us-gaap Earnings Per Share Diluted
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CY2012Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2012Q2 us-gaap Maintenance Revenue
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CY2012Q2 us-gaap Net Income Loss
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CY2012Q2 us-gaap Cost Of Goods And Services Sold
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CY2012Q2 us-gaap License Costs
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CY2012Q2 us-gaap Amortization Of Debt Discount Premium
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100000
CY2012Q2 us-gaap Income Tax Expense Benefit
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CY2013Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2013Q2 us-gaap Amortization Of Debt Discount Premium
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300000
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9759000
CY2013Q2 ssnc Software Enabled Services Cost
SoftwareEnabledServicesCost
80245000
CY2013Q2 ssnc Software Enabled Services
SoftwareEnabledServices
138047000

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