$SSNC
SS&C Technologies Holdings Inc

2015 Q2 Form 10-Q Financial Statement

#000119312515268494 Filed on July 29, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q2
Revenue $212.8M $188.7M
YoY Change 12.74% 6.35%
Cost Of Revenue $109.5M $102.2M
YoY Change 7.11% 5.66%
Gross Profit $103.3M $86.49M
YoY Change 19.4% 7.18%
Gross Profit Margin 48.53% 45.83%
Selling, General & Admin $27.39M $27.16M
YoY Change 0.86% 24.79%
% of Gross Profit 26.53% 31.4%
Research & Development $17.52M $13.94M
YoY Change 25.69% 2.2%
% of Gross Profit 16.97% 16.12%
Depreciation & Amortization $26.10M $24.90M
YoY Change 4.82% 0.0%
% of Gross Profit 25.27% 28.79%
Operating Expenses $44.91M $41.10M
YoY Change 9.28% 16.09%
Operating Profit $58.35M $45.39M
YoY Change 28.56% 0.21%
Interest Expense $5.419M $6.569M
YoY Change -17.51% -44.25%
% of Operating Profit 9.29% 14.47%
Other Income/Expense, Net -$164.0K -$59.00K
YoY Change 177.97% -102.49%
Pretax Income $52.77M $38.76M
YoY Change 36.14% 8.04%
Income Tax $13.64M $11.52M
% Of Pretax Income 25.85% 29.71%
Net Earnings $39.13M $27.25M
YoY Change 43.62% 4.31%
Net Earnings / Revenue 18.39% 14.44%
Basic Earnings Per Share $0.23 $0.33
Diluted Earnings Per Share $0.22 $0.31
COMMON SHARES
Basic Shares Outstanding 170.8M 83.12M shares
Diluted Shares Outstanding 179.1M 87.09M shares

Balance Sheet

Concept 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $730.0M $74.00M
YoY Change 886.49% 21.31%
Cash & Equivalents $729.8M $73.52M
Short-Term Investments
Other Short-Term Assets $23.00M $37.00M
YoY Change -37.84% -31.48%
Inventory
Prepaid Expenses
Receivables $94.73M $89.43M
Other Receivables $0.00 $0.00
Total Short-Term Assets $847.8M $200.0M
YoY Change 323.82% -5.8%
LONG-TERM ASSETS
Property, Plant & Equipment $51.32M $53.21M
YoY Change -3.55% -0.91%
Goodwill $1.559B $1.548B
YoY Change 0.73% 1.38%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.000M $1.000M
YoY Change 100.0% 0.0%
Total Long-Term Assets $1.989B $2.022B
YoY Change -1.67% -2.31%
TOTAL ASSETS
Total Short-Term Assets $847.8M $200.0M
Total Long-Term Assets $1.989B $2.022B
Total Assets $2.836B $2.222B
YoY Change 27.62% -2.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.659M $8.503M
YoY Change 1.83% -0.46%
Accrued Expenses $29.50M $27.37M
YoY Change 7.8% -15.9%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $17.22M $23.81M
YoY Change -27.67% 17.91%
Total Short-Term Liabilities $150.7M $142.4M
YoY Change 5.85% -1.04%
LONG-TERM LIABILITIES
Long-Term Debt $448.4M $644.0M
YoY Change -30.38% -27.72%
Other Long-Term Liabilities $25.09M $17.47M
YoY Change 43.6% 0.28%
Total Long-Term Liabilities $473.5M $17.47M
YoY Change 2610.33% 0.28%
TOTAL LIABILITIES
Total Short-Term Liabilities $150.7M $142.4M
Total Long-Term Liabilities $473.5M $17.47M
Total Liabilities $718.9M $908.5M
YoY Change -20.87% -22.15%
SHAREHOLDERS EQUITY
Retained Earnings $458.4M $347.1M
YoY Change 32.04% 55.6%
Common Stock $1.706B $940.9M
YoY Change 81.27% 5.97%
Preferred Stock
YoY Change
Treasury Stock (at cost) $17.99M $14.15M
YoY Change 27.11% 143.15%
Treasury Stock Shares 786.0K shares 698.0K shares
Shareholders Equity $2.118B $1.314B
YoY Change
Total Liabilities & Shareholders Equity $2.836B $2.222B
YoY Change 27.62% -2.64%

Cashflow Statement

Concept 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income $39.13M $27.25M
YoY Change 43.62% 4.31%
Depreciation, Depletion And Amortization $26.10M $24.90M
YoY Change 4.82% 0.0%
Cash From Operating Activities $69.50M $54.20M
YoY Change 28.23% 9.72%
INVESTING ACTIVITIES
Capital Expenditures -$4.300M -$7.600M
YoY Change -43.42% 26.67%
Acquisitions
YoY Change
Other Investing Activities -$7.900M $0.00
YoY Change -100.0%
Cash From Investing Activities -$12.20M -$7.600M
YoY Change 60.53% 28.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $717.8M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 583.6M -51.70M
YoY Change -1228.82% 2.38%
NET CHANGE
Cash From Operating Activities 69.50M 54.20M
Cash From Investing Activities -12.20M -7.600M
Cash From Financing Activities 583.6M -51.70M
Net Change In Cash 640.9M -5.100M
YoY Change -12666.67% -27.14%
FREE CASH FLOW
Cash From Operating Activities $69.50M $54.20M
Capital Expenditures -$4.300M -$7.600M
Free Cash Flow $73.80M $61.80M
YoY Change 19.42% 11.55%

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