BJs Restaurants (BJRI) FY2015 results: revenue $920 million, up 8.8% on the year
BJs Restaurants Inc. (BJRI) reported revenue of $920 million for fiscal 2015, the year ended 29 December 2015, up 8.8% on the year before. Net income was $45 million, up 65.4%, and diluted earnings per share $1.73. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2016.
Revenue
$920 million
+8.8% on the year
FY2009FY2015
Operating margin
6.9%
4.2% a year earlier
FY2009FY2015
Net income
$45 million
+65.4% on the year
FY2009FY2015
Diluted EPS
$1.73
+78.4% on the year
FY2009FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
920
846
775
+8.8%
Cost of revenue
227
213
192
+6.6%
Gross profit
693
633
583
+9.5%
Gross margin
75.3%
74.8%
75.2%
Operating income
63.1
35.4
23.9
+78.0%
Operating margin
6.9%
4.2%
3.1%
Interest expense
0.5
0.1
n/a
+400.0%
Pre-tax income
62.1
36.3
25.0
+71.0%
Income tax
16.8
8.9
4.0
+88.0%
Effective tax rate
27.0%
24.6%
16.0%
Net income
45.3
27.4
21.0
+65.4%
Net margin
4.9%
3.2%
2.7%
Diluted EPS
$1.73
$0.97
$0.73
+78.4%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
127
100
95.5
+27.2%
Capital expenditure
86.1
88.1
117
-2.3%
Free cash flow
41.2
11.9
-21.5
+245.4%
Free cash flow margin
4.5%
1.4%
-2.8%
Cash from investing
n/a
n/a
-89.9
Cash from financing
n/a
n/a
2.2
Depreciation and amortisation
59.4
55.4
49.0
+7.3%
Share-based compensation
5.4
4.9
4.4
+11.1%
Buybacks
95.5
100
n/a
-4.5%
Diluted shares, weighted
26m
28m
29m
-7.4%
Shares outstanding at period end
25m
26m
28m
-5.9%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
316
349
401
-9.2%
Debt
100
58.0
0.0
+73.3%
Other liabilities
265
240
209
+10.1%
Total liabilities and equity
682
647
611
+5.3%
Fixed assets
562
541
514
+3.8%
Goodwill
4.7
4.7
4.7
0.0%
Investments
n/a
n/a
9.8
Cash and equivalents
34.6
30.7
23.0
+12.8%
Receivables
25.4
18.8
12.8
+34.9%
Other assets
55.2
51.6
47.0
+7.0%
Total assets
682
647
611
+5.3%
10-K for the year ended 29 December 2015, filed 23 February 2016: the filing.