Del Frisco's Restaurant Group Financials

$82.3 M

Revenue Q2, 2017

$319.7 M

Mkt cap, 13-Dec-2017
Net income (Q2, 2017)2.1 M
EBIT (Q2, 2017)2.9 M
Cash, 13-Jun-20172.1 M
EV340.3 M

Market Value

Revenue/Financials

Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

271.8 m301.8 m331.6 m351.7 m

Revenue growth, %

11%10%6%

EBIT

17.9 m24.5 m21.8 m25.1 m

EBIT margin, %

7%8%7%7%

Interest expense

77 k

Pre tax profit

21.5 m24.6 m

Income tax expense

5.5 m6.8 m

Net Income

12.2 m16.6 m16 m17.8 m

Quarterly

USDQ3, 2013Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q3, 2016Q2, 2016Q1, 2017Q3, 2017Q2, 2017

Revenue

54.2 m73.8 m68.6 m81.2 m71.4 m79.9 m83.9 m73.3 m82.3 m

Cost of goods sold

21.6 m

Gross profit

51.7 m

Gross profit Margin, %

70%

Operating expense total

75.8 m79.7 m

EBIT

(759 k)5.5 m(2.1 m)7.9 m1.1 m6.3 m4.4 m(2.2 m)2.9 m

EBIT margin, %

(1%)7%(3%)10%2%8%5%(3%)4%

Interest expense

8 k7 k

Pre tax profit

(823 k)5.4 m(2.2 m)7.8 m700 k6.3 m4.4 m(2.6 m)2.9 m

Income tax expense

(443 k)1.7 m(1.1 m)2.4 m(86 k)1.9 m1.1 m(790 k)824 k

Net Income

(380 k)9.3 m11.1 m5.4 m3.7 m(1 m)5.4 m786 k4.4 m3.3 m(1.8 m)2.1 m

Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

13.7 m3.5 m5.2 m14.6 m

Inventories

14.1 m16.6 m17.3 m16.4 m

Current Assets

41.8 m39.6 m40.8 m46.7 m

PP&E

124.1 m155 m183.2 m196 m

Goodwill

75.4 m75.4 m75.4 m75.4 m

Total Assets

288.7 m319.7 m350.4 m370.8 m

Accounts Payable

8.5 m12.2 m16.5 m12.8 m

Current Liabilities

33.8 m41.7 m47.4 m51.1 m

Long-term debt

4.5 m4.5 m

Total Debt

4.5 m

Total Liabilities

124.4 m

Additional Paid-in Capital

130 m133.9 m137.6 m143.3 m

Retained Earnings

70.5 m87.1 m103.1 m120.8 m

Total Equity

196.8 m211 m227.7 m246.4 m

Debt to Equity Ratio

0 x

Debt to Assets Ratio

0 x

Financial Leverage

1.5 x1.5 x1.5 x1.5 x

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q3, 2016Q2, 2016Q1, 2017Q3, 2017Q2, 2017

Cash

8.7 m16.3 m12.1 m1.1 m6.8 m1.9 m1.2 m2.1 m755 k4.6 m8.7 m441 k2.1 m

Inventories

12.6 m13.7 m13.9 m14.4 m15.7 m15.7 m16.8 m16.8 m15.9 m16.2 m15.7 m16.6 m16.2 m

Current Assets

31.6 m40.9 m37.2 m25.6 m38.6 m32.3 m33.3 m29.7 m28.4 m30.7 m38.9 m29.4 m28.8 m

PP&E

115.8 m125.7 m

Goodwill

75.4 m75.4 m75.4 m75.4 m75.4 m75.4 m75.4 m75.4 m75.4 m75.4 m75.4 m75.4 m75.4 m

Total Assets

269 m289.9 m296.4 m299 m321.1 m325.8 m338.4 m337.9 m344.4 m344.3 m370.4 m364.8 m363.7 m

Accounts Payable

5 m7.4 m9.2 m6.5 m11.4 m9.9 m15 m10.7 m8.6 m9.9 m13 m8.4 m10.5 m

Current Liabilities

23.2 m29.1 m31.9 m34.6 m36.9 m35.1 m37.6 m37.8 m34.3 m38.5 m48.2 m38.6 m42.3 m

Long-term debt

15.1 m22 m40.2 m22.8 m

Total Debt

15.1 m22 m40.2 m22.8 m

Total Liabilities

76.9 m87.9 m91.6 m94.8 m104.2 m104.2 m120.1 m104 m103.9 m105.3 m145.2 m151 m140.2 m

Additional Paid-in Capital

126.2 m130.6 m131.4 m132.6 m134.5 m135.4 m136.2 m138.4 m139.7 m139 m143.9 m145.8 m144.9 m

Retained Earnings

65.9 m75 m79.8 m81.6 m92.5 m96.2 m95.1 m108.5 m113.7 m112.9 m124.2 m124.5 m126.2 m

Total Equity

192.1 m201.9 m204.8 m204.2 m217 m221.6 m218.4 m233.9 m240.4 m239 m225.2 m213.7 m223.4 m

Financial Leverage

1.4 x1.4 x1.4 x1.5 x1.5 x1.5 x1.5 x1.4 x1.4 x1.4 x1.6 x1.7 x1.6 x

Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

12.2 m16.6 m16 m17.8 m

Depreciation and Amortization

11.3 m13.6 m16.8 m18.9 m

Inventories

(2 m)(2.5 m)(716 k)908 k

Accounts Payable

(945 k)3.2 m2.8 m(2.7 m)

Cash From Operating Activities

29.4 m42.8 m45.9 m49.8 m

Purchases of PP&E

(31.3 m)(47.5 m)(46.2 m)(36.7 m)

Cash From Investing Activities

(31.5 m)(48 m)(46.5 m)(34.2 m)

Long-term Borrowings

(70 m)

Cash From Financing Activities

5 m(5 m)2.3 m(6.2 m)

Interest Paid

65 k129 k175 k87 k

Income Taxes Paid

5.4 m10.2 m6.6 m1.9 m

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q3, 2016Q2, 2016Q1, 2017

Net Income

(380 k)4.5 m9.3 m11.1 m5.4 m9.1 m(1 m)5.4 m786 k4.4 m3.3 m

Depreciation and Amortization

2.6 m3 m6 m9.1 m3.6 m7.2 m3.8 m4.3 m4.3 m4.2 m4.8 m

Inventories

402 k169 k(285 k)870 k924 k16.8 m16.8 m15.9 m16.2 m15.7 m

Accounts Payable

221 k237 k(2.7 m)1.1 m(865 k)15 m10.7 m8.6 m9.9 m13 m

Cash From Operating Activities

8.4 m17.4 m20.2 m10.5 m19.3 m

Purchases of PP&E

(5.8 m)(16.6 m)(33 m)(7.2 m)(21 m)

Cash From Investing Activities

(5.9 m)(16.7 m)(33.4 m)(7.2 m)(21 m)

Cash From Financing Activities

48 k(2.4 m)576 k48 k101 k

Interest Paid

12 k25 k42 k15 k43 k

Income Taxes Paid

1.1 m4 m5.5 m1.5 m1.8 m

Ratios

USDY, 2017

EV/EBIT

116 x

Revenue/Employee

17.1 k

Financial Leverage

1.6 x