$SSNC
SS&C Technologies Holdings Inc

2014 Q2 Form 10-Q Financial Statement

#000119312514297957 Filed on August 06, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q2
Revenue $188.7M $177.5M
YoY Change 6.35% 46.84%
Cost Of Revenue $102.2M $96.76M
YoY Change 5.66% 53.35%
Gross Profit $86.49M $80.70M
YoY Change 7.18% 39.73%
Gross Profit Margin 45.83% 45.47%
Selling, General & Admin $27.16M $21.77M
YoY Change 24.79% 31.45%
% of Gross Profit 31.4% 26.97%
Research & Development $13.94M $13.64M
YoY Change 2.2% 28.11%
% of Gross Profit 16.12% 16.9%
Depreciation & Amortization $24.90M $24.90M
YoY Change 0.0% 58.6%
% of Gross Profit 28.79% 30.86%
Operating Expenses $41.10M $35.40M
YoY Change 16.09% -3.33%
Operating Profit $45.39M $45.29M
YoY Change 0.21% 114.39%
Interest Expense $6.569M $11.78M
YoY Change -44.25% 162.74%
% of Operating Profit 14.47% 26.02%
Other Income/Expense, Net -$59.00K $2.370M
YoY Change -102.49% -112.78%
Pretax Income $38.76M $35.88M
YoY Change 8.04% -673.41%
Income Tax $11.52M $9.759M
% Of Pretax Income 29.71% 27.2%
Net Earnings $27.25M $26.12M
YoY Change 4.31% -553.45%
Net Earnings / Revenue 14.44% 14.72%
Basic Earnings Per Share $0.33 $0.32
Diluted Earnings Per Share $0.31 $0.31
COMMON SHARES
Basic Shares Outstanding 83.12M shares 81.19M shares
Diluted Shares Outstanding 87.09M shares 85.28M shares

Balance Sheet

Concept 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $74.00M $61.00M
YoY Change 21.31% -54.48%
Cash & Equivalents $73.52M $60.59M
Short-Term Investments
Other Short-Term Assets $37.00M $54.00M
YoY Change -31.48% 17.39%
Inventory
Prepaid Expenses
Receivables $89.43M $97.37M
Other Receivables $0.00 $0.00
Total Short-Term Assets $200.0M $212.3M
YoY Change -5.8% -19.87%
LONG-TERM ASSETS
Property, Plant & Equipment $53.21M $53.70M
YoY Change -0.91% 5.3%
Goodwill $1.548B $1.526B
YoY Change 1.38%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.000M $1.000M
YoY Change 0.0% -90.91%
Total Long-Term Assets $2.022B $2.070B
YoY Change -2.31% -4.77%
TOTAL ASSETS
Total Short-Term Assets $200.0M $212.3M
Total Long-Term Assets $2.022B $2.070B
Total Assets $2.222B $2.283B
YoY Change -2.64% -6.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.503M $8.542M
YoY Change -0.46% 6.78%
Accrued Expenses $27.37M $32.54M
YoY Change -15.9% -47.51%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $23.81M $20.20M
YoY Change 17.91% -63.94%
Total Short-Term Liabilities $142.4M $143.9M
YoY Change -1.04% -23.48%
LONG-TERM LIABILITIES
Long-Term Debt $644.0M $891.0M
YoY Change -27.72% -18.33%
Other Long-Term Liabilities $17.47M $17.42M
YoY Change 0.28% 16.14%
Total Long-Term Liabilities $17.47M $17.42M
YoY Change 0.28% -98.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $142.4M $143.9M
Total Long-Term Liabilities $17.47M $17.42M
Total Liabilities $908.5M $1.167B
YoY Change -22.15% -18.5%
SHAREHOLDERS EQUITY
Retained Earnings $347.1M $223.1M
YoY Change 55.6%
Common Stock $940.9M $888.0M
YoY Change 5.97%
Preferred Stock
YoY Change
Treasury Stock (at cost) $14.15M $5.819M
YoY Change 143.15%
Treasury Stock Shares 698.0K shares 488.0K shares
Shareholders Equity $1.314B $1.116B
YoY Change
Total Liabilities & Shareholders Equity $2.222B $2.283B
YoY Change -2.64% -6.41%

Cashflow Statement

Concept 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income $27.25M $26.12M
YoY Change 4.31% -553.45%
Depreciation, Depletion And Amortization $24.90M $24.90M
YoY Change 0.0% 58.6%
Cash From Operating Activities $54.20M $49.40M
YoY Change 9.72% 118.58%
INVESTING ACTIVITIES
Capital Expenditures -$7.600M -$6.000M
YoY Change 26.67% 57.89%
Acquisitions
YoY Change
Other Investing Activities $0.00 $100.0K
YoY Change -100.0% -100.01%
Cash From Investing Activities -$7.600M -$5.900M
YoY Change 28.81% -99.39%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -51.70M -50.50M
YoY Change 2.38% -104.89%
NET CHANGE
Cash From Operating Activities 54.20M 49.40M
Cash From Investing Activities -7.600M -5.900M
Cash From Financing Activities -51.70M -50.50M
Net Change In Cash -5.100M -7.000M
YoY Change -27.14% -107.45%
FREE CASH FLOW
Cash From Operating Activities $54.20M $49.40M
Capital Expenditures -$7.600M -$6.000M
Free Cash Flow $61.80M $55.40M
YoY Change 11.55% 109.85%

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us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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ssnc Millennium Actions Arbitration Proceeding Claim Amount
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ssnc Millennium Actions Indemnity Amount Claimed By Investment Managers
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