Balance Sheet Fair Isaac Corporation

Equities

FICO

US3032501047

Software

Market Closed - Nyse Other stock markets 04:00:22 2024-09-06 pm EDT			5-day change	1st Jan Change
1,734.01 ^USD	-1.32%		+0.22%	+48.97%

Sep. 03	Fair Isaac's Strong Pricing Power, Mortgage Market Recovery Can 'Propel' Shares, Oppenheimer Says	MT
Sep. 03	Oppenheimer Initiates Fair Isaac at Outperform With $1,967 Price Target	MT

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Published financial data: FAIR ISAAC CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2019	2020	2021	2022	2023
Revenues	1.16B	1.29B	1.32B	1.38B	1.51B
Total Revenues	1.16B	1.29B	1.32B	1.38B	1.51B
Cost of Goods Sold, Total	337M	361M	332M	302M	311M
Gross Profit	823M	933M	984M	1.08B	1.2B
Selling General & Admin Expenses, Total	414M	421M	396M	384M	401M
R&D Expenses	149M	166M	171M	147M	160M
Amortization of Goodwill and Intangible Assets - (IS)	6.13M	4.99M	3.26M	2.06M	1.1M
Other Operating Expenses, Total	570M	592M	571M	533M	562M
Operating Income	254M	341M	413M	542M	641M
Interest Expense, Total	-39.75M	-42.18M	-40.09M	-68.97M	-95.55M
Net Interest Expenses	-39.75M	-42.18M	-40.09M	-68.97M	-95.55M
Currency Exchange Gains (Loss)	-	-1M	-	1.9M	-2.6M
Other Non Operating Income (Expenses)	3.04M	2.14M	3.18M	5.23M	6.03M
EBT, Excl. Unusual Items	217M	300M	376M	481M	549M
Restructuring Charges	-	-45.03M	-7.96M	-	-
Gain (Loss) On Sale Of Investments	-761K	2.07M	4.57M	-9.27M	2.91M
Gain (Loss) On Sale Of Assets	-	-	100M	-	1.94M
EBT, Incl. Unusual Items	216M	257M	473M	471M	554M
Income Tax Expense	23.95M	20.59M	81.06M	97.77M	124M
Earnings From Continuing Operations	192M	236M	392M	374M	429M
Net Income to Company	192M	236M	392M	374M	429M
Net Income - (IS)	192M	236M	392M	374M	429M
Net Income to Common Incl Extra Items	192M	236M	392M	374M	429M
Net Income to Common Excl. Extra Items	192M	236M	392M	374M	429M
Per Share Items
Net EPS - Basic	6.63	8.13	13.65	14.34	17.18
Basic EPS - Continuing Operations	6.63	8.13	13.65	14.34	17.18
Basic Weighted Average Shares Outstanding	28.98M	29.07M	28.73M	26.04M	24.99M
Net EPS - Diluted	6.34	7.9	13.4	14.18	16.93
Diluted EPS - Continuing Operations	6.34	7.9	13.4	14.18	16.93
Diluted Weighted Average Shares Outstanding	30.29M	29.93M	29.26M	26.35M	25.37M
Normalized Basic EPS	4.68	6.45	8.19	11.53	13.73
Normalized Diluted EPS	4.47	6.26	8.04	11.4	13.52
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	283M	370M	438M	562M	655M
EBITA	258M	344M	416M	544M	641M
EBIT	254M	341M	413M	542M	641M
EBITDAR	305M	398M	459M	583M	674M
Total Revenues (As Reported)	1.16B	1.29B	1.32B	1.38B	1.51B
Effective Tax Rate - (Ratio)	11.08	8.01	17.13	20.74	22.44
Current Domestic Taxes	876K	16.75M	51.4M	59.36M	129M
Current Foreign Taxes	15.37M	12.48M	35.62M	30.6M	42.33M
Total Current Taxes	16.25M	29.23M	87.01M	89.95M	172M
Deferred Domestic Taxes	7.95M	-9.53M	-5.55M	8.67M	-52.91M
Deferred Foreign Taxes	-249K	893K	-405K	-856K	5.53M
Total Deferred Taxes	7.7M	-8.64M	-5.96M	7.82M	-47.38M
Normalized Net Income	136M	187M	235M	300M	343M
Interest on Long-Term Debt	-	186K	11K	-	-
Supplemental Operating Expense Items
Advertising Expense	3.6M	8.7M	6.9M	8.1M	9.8M
Selling and Marketing Expenses	3.6M	8.7M	6.9M	8.1M	9.8M
Research And Development Expense From Footnotes	151M	168M	172M	147M	160M
Net Rental Expense, Total	21.6M	28.06M	20.83M	20.72M	18.99M
Imputed Operating Lease Interest Expense	8.62M	10.72M	5.88M	7.04M	7.61M
Imputed Operating Lease Depreciation	12.98M	17.34M	14.94M	13.68M	11.38M
Stock-Based Comp., Other (Total)	82.97M	93.68M	112M	115M	124M
Total Stock-Based Compensation	82.97M	93.68M	112M	115M	124M

Fiscal Period: September	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	106M	157M	195M	133M	137M
Total Cash And Short Term Investments	106M	157M	195M	133M	137M
Accounts Receivable, Total	297M	334M	312M	322M	388M
Total Receivables	297M	334M	312M	322M	388M
Prepaid Expenses	51.85M	42.5M	43.51M	29.1M	31.72M
Total Current Assets	456M	534M	551M	485M	556M
Gross Property Plant And Equipment	172M	219M	172M	149M	125M
Accumulated Depreciation	-119M	-115M	-97.05M	-94.83M	-88M
Net Property Plant And Equipment	53.03M	104M	75.19M	54.27M	36.67M
Long-term Investments	1.64M	1.06M	1.31M	1.14M	1.22M
Goodwill	804M	812M	788M	761M	773M
Other Intangibles, Total	14.14M	9.24M	4.1M	2.02M	917K
Accounts Receivable Long-Term	34.4M	54.07M	37.45M	42.11M	45.72M
Deferred Tax Assets Long-Term	6.01M	14.63M	20.55M	11.8M	59.14M
Deferred Charges Long-Term	33.7M	38.58M	44.93M	53M	58.6M
Other Long-Term Assets, Total	31.28M	38.14M	45.08M	31.92M	43.24M
Total Assets	1.43B	1.61B	1.57B	1.44B	1.58B
Liabilities
Accounts Payable, Total	23.12M	23.03M	20.75M	17.27M	19.01M
Accrued Expenses, Total	135M	148M	153M	145M	146M
Current Portion of Long-Term Debt	218M	95M	250M	30M	50M
Current Portion of Leases	1.94M	24.97M	22.07M	19.37M	16.34M
Unearned Revenue Current, Total	111M	115M	105M	120M	137M
Other Current Liabilities	1.38M	8.19M	7.86M	-	-
Total Current Liabilities	491M	415M	559M	331M	368M
Long-Term Debt	607M	739M	1.01B	1.82B	1.81B
Long-Term Leases	3.87M	76.28M	53.67M	39.19M	23.9M
Unearned Revenue Non Current	5.3M	6.98M	5.35M	6.52M	6.5M
Other Non Current Liabilities	36.89M	37.95M	51.48M	43.15M	53.52M
Total Liabilities	1.14B	1.28B	1.68B	2.24B	2.26B
Common Stock, Total	289K	291K	276K	252K	248K
Additional Paid In Capital	1.23B	1.22B	1.24B	1.3B	1.35B
Retained Earnings	1.96B	2.19B	2.59B	2.96B	3.39B
Treasury Stock	-2.8B	-3B	-3.86B	-4.94B	-5.32B
Comprehensive Income and Other	-90.08M	-83M	-75.85M	-125M	-102M
Total Common Equity	290M	331M	-111M	-802M	-688M
Total Equity	290M	331M	-111M	-802M	-688M
Total Liabilities And Equity	1.43B	1.61B	1.57B	1.44B	1.58B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	28.96M	29.1M	27.36M	24.98M	24.71M
ECS Total Common Shares Outstanding	28.94M	29.1M	27.57M	25.15M	24.77M
Book Value / Share	10.01	11.38	-4.02	-31.88	-27.78
Tangible Book Value	-528M	-491M	-903M	-1.57B	-1.46B
Tangible Book Value Per Share	-18.24	-16.86	-32.76	-62.22	-59.03
Total Debt	831M	936M	1.33B	1.91B	1.9B
Net Debt	724M	778M	1.14B	1.78B	1.77B
Debt Equivalent Oper. Leases	173M	224M	167M	166M	152M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	132M	129M	103M	91.12M	82.22M
Full Time Employees	2.58K	2.6K	3.66K	3.4K	3.46K
Part Time Employees	1.42K	1.4K	-	-	-
Assets under Capital Lease - Gross	6.4M	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: September	2019	2020	2021	2022	2023
Net Income	192M	236M	392M	374M	429M
Depreciation & Amortization - CF	25.49M	25.37M	22.34M	18.4M	13.54M
Amortization of Goodwill and Intangible Assets - (CF)	4.15M	3.23M	2.23M	1.56M	600K
Depreciation & Amortization, Total	29.64M	28.6M	24.56M	19.96M	14.14M
Amortization of Deferred Charges, Total - (CF)	1.97M	1.77M	1.03M	500K	500K
(Gain) Loss From Sale Of Asset	127K	5.25M	-99.81M	193K	-1.39M
(Gain) Loss on Sale of Investments - (CF)	761K	-2.07M	-4.57M	9.27M	-2.91M
Asset Writedown & Restructuring Costs	-	28.02M	-	-	-
Stock-Based Compensation (CF)	82.97M	93.68M	112M	115M	124M
Tax Benefit from Stock Options	-	-	-	-	-
Provision and Write-off of Bad Debts	518K	3.2M	652K	2.8M	1.48M
Other Operating Activities, Total	7.7M	11.37M	10.15M	23.74M	-32.67M
Change In Accounts Receivable	-36.18M	-59.89M	24.5M	-31.56M	-70.12M
Change In Accounts Payable	1.88M	1.06M	-2.35M	-2.8M	2.24M
Change in Unearned Revenues	10.49M	5.72M	4.49M	23.55M	18.76M
Change in Other Net Operating Assets	-31.66M	11.8M	-39.37M	-25.1M	-14.33M
Cash from Operations	260M	365M	424M	509M	469M
Capital Expenditure	-23.98M	-21.99M	-7.57M	-6.03M	-10.36M
Sale of Property, Plant, and Equipment	-	-	147M	2.26M	-
Cash Acquisitions	-15.86M	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	55K	-210K	-	-
Other Investing Activities, Total	-2.92M	-2.65M	-1.8M	-1.9M	-5.59M
Cash from Investing	-42.76M	-24.58M	138M	-5.67M	-15.95M
Long-Term Debt Issued, Total	229M	613M	682M	1.59B	407M
Total Debt Issued	229M	613M	682M	1.59B	407M
Long-Term Debt Repaid, Total	-170M	-600M	-259M	-988M	-402M
Total Debt Repaid	-170M	-600M	-259M	-988M	-402M
Issuance of Common Stock	22.79M	42.26M	20.88M	16.03M	22.2M
Repurchase of Common Stock	-282M	-338M	-966M	-1.16B	-482M
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-	-6.84M	-1.49M	-8.82M	-
Cash from Financing	-200M	-289M	-524M	-547M	-455M
Foreign Exchange Rate Adjustments	-1.14M	59K	-136K	-18.77M	5.62M
Net Change in Cash	16.4M	50.97M	37.96M	-62.15M	3.58M
Supplemental Items
Cash Interest Paid	39.92M	37.74M	37.96M	57.21M	96.88M
Cash Income Tax Paid (Refund)	18.78M	10.15M	71.49M	65.33M	153M
Levered Free Cash Flow	213M	285M	377M	425M	420M
Unlevered Free Cash Flow	238M	311M	402M	468M	480M
Change In Net Working Capital	10.92M	3.76M	-13.66M	936K	48.9M
Net Debt Issued / Repaid	59.06M	13.28M	423M	601M	5M

Fiscal Period: September	2019	2020	2021	2022	2023
Profitability
Return on Assets	11.47	14.02	16.28	22.53	26.55
Return on Total Capital	14.59	17.86	20.74	29.05	34.47
Return On Equity %	66.57	76.16	356.21	-81.84	-57.64
Return on Common Equity	66.57	76.16	356.21	-81.84	-57.64
Margin Analysis
Gross Profit Margin %	70.96	72.1	74.75	78.06	79.45
SG&A Margin	35.69	32.52	30.1	27.87	26.47
EBITDA Margin %	24.41	28.55	33.26	40.83	43.28
EBITA Margin %	22.21	26.59	31.56	39.5	42.38
EBIT Margin %	21.86	26.34	31.39	39.38	42.34
Income From Continuing Operations Margin %	16.56	18.26	29.78	27.12	28.37
Net Income Margin %	16.56	18.26	29.78	27.12	28.37
Net Avail. For Common Margin %	16.56	18.26	29.78	27.12	28.37
Normalized Net Income Margin	11.68	14.48	17.87	21.81	22.66
Levered Free Cash Flow Margin	18.39	22.02	28.67	30.84	27.75
Unlevered Free Cash Flow Margin	20.53	24.06	30.57	33.97	31.7
Asset Turnover
Asset Turnover	0.84	0.85	0.83	0.92	1
Fixed Assets Turnover	22.78	16.48	14.69	21.28	33.29
Receivables Turnover (Average Receivables)	4.11	4.1	4.07	4.34	4.26
Short Term Liquidity
Current Ratio	0.93	1.29	0.99	1.46	1.51
Quick Ratio	0.82	1.19	0.91	1.37	1.43
Operating Cash Flow to Current Liabilities	0.53	0.88	0.76	1.54	1.28
Days Sales Outstanding (Average Receivables)	88.75	89.28	89.59	84.08	85.65
Average Days Payable Outstanding	23.5	23.39	24.03	22.96	21.29
Long Term Solvency
Total Debt/Equity	286.64	282.62	-1.2K	-238.45	-276.44
Total Debt / Total Capital	74.14	73.86	109.07	172.23	156.68
LT Debt/Equity	210.74	246.38	-957.88	-232.29	-266.8
Long-Term Debt / Total Capital	54.51	64.39	86.83	167.78	151.21
Total Liabilities / Total Assets	79.79	79.39	107.08	155.61	143.67
EBIT / Interest Expense	6.38	8.08	10.31	7.86	6.71
EBITDA / Interest Expense	7.12	9.43	11.44	8.45	7.05
(EBITDA - Capex) / Interest Expense	6.52	8.91	11.25	8.37	6.95
Total Debt / EBITDA