Exponent (EXPO) FY2015 results: revenue $313 million, up 2.7% on the year
Exponent Inc. (EXPO) reported revenue of $313 million for fiscal 2015, the year ended 1 January 2016, up 2.7% on the year before. Net income was $44 million, up 7.1%, and diluted earnings per share $0.80. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2016.
Revenue
$313 million
+2.7% on the year
FY2009FY2015
Operating margin
22.0%
20.9% a year earlier
FY2009FY2015
Net income
$44 million
+7.1% on the year
FY2009FY2015
Diluted EPS
$0.80
+8.8% 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
313
305
296
+2.7%
Operating income
68.9
63.5
55.9
+8.5%
Operating margin
22.0%
20.9%
18.9%
Pre-tax income
71.1
68.0
63.9
+4.7%
Income tax
27.5
27.3
25.3
+1.0%
Effective tax rate
38.7%
40.1%
39.6%
Net income
43.6
40.7
38.6
+7.1%
Net margin
13.9%
13.4%
13.0%
Diluted EPS
$0.80
$0.73
$0.69
+8.8%
$ 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
60.5
48.3
61.8
+25.4%
Capital expenditure
5.4
4.9
6.2
+8.7%
Free cash flow
55.1
43.3
55.6
+27.3%
Free cash flow margin
17.6%
14.2%
18.8%
Cash from investing
-27.0
n/a
n/a
Cash from financing
-36.9
n/a
n/a
Depreciation and amortisation
5.5
5.4
5.0
+1.4%
Share-based compensation
13.0
13.1
13.2
-0.9%
Buybacks
23.3
30.9
25.5
-24.6%
Dividends paid
15.5
13.0
7.9
+19.0%
Dividend per share
$0.30
$0.25
$0.15
+20.0%
Diluted shares, weighted
55m
55m
56m
-1.3%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
263
244
235
+7.6%
Debt
0.0
0.0
0.0
Other liabilities
125
121
109
+3.1%
Total liabilities and equity
388
365
344
+6.1%
Fixed assets
28.5
28.3
28.7
+0.8%
Goodwill
8.6
8.6
8.6
0.0%
Investments
45.8
24.9
33.2
+84.0%
Cash and equivalents
126
129
123
-2.9%
Receivables
88.6
86.4
77.0
+2.6%
Other assets
90.2
87.7
73.7
+3.0%
Total assets
388
365
344
+6.1%
10-K for the year ended 1 January 2016, filed 26 February 2016: the filing.