On Feb. 21, CEC Entertainment
- Revenue fell 5% on one fewer week this quarter than in Q4 2004.
- Net income, accounting for the extra week, fell 12% to $9.9 million.
- Operating margins took a hit as labor and marketing costs increased on a smaller revenue base.
(Figures in thousands, except per-share data)
Income Statement Highlights|
Avg. Est. |
Q4 2005 |
Q4 2004 |
% Change |
|
|---|---|---|---|---|
|
Sales |
$169,590 |
$164,087 |
$172,085 |
(4.6%) |
|
Net Profit |
-- |
$9,907 |
$15,569 |
(36.4%) |
|
EPS |
$0.35 |
$0.28 |
$0.41 |
(31.7%) |
Get back to basics with a look at the income statement.
Margin Checkup|
Q4 2005 |
Q4 2004 |
Change |
|
|---|---|---|---|
|
Gross Margin |
83.50% |
83.78% |
(0.29%) |
|
Op. Margin |
10.65% |
15.20% |
(4.54%) |
|
Net Margin |
6.04% |
9.05% |
(3.01%) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights|
Assets |
Q4 2005 |
Q4 2004 |
% Change |
|---|---|---|---|
|
Cash + ST Invest. |
$12,184 |
$11,798 |
+3.3% |
|
Inventory |
$13,659 |
$12,171 |
+12.2% |
|
Accounts Rec. |
$20,323 |
$13,482 |
+50.7% |
|
Liabilities |
Q4 2005 |
Q4 2004 |
% Change |
|---|---|---|---|
|
Long-Term Debt |
$148,974 |
$11,673 |
+1,176.2% |
|
Accounts Pay. |
$30,264 |
$24,294 |
+24.6% |
Take a look at inventories at work.
Cash Flow Highlights
Data not provided. (Boo!)
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Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.
CEC Entertainment is a Motley Fool Hidden Gems recommendation. For more coverage of the market's leading small caps, try out Hidden Gems free for 30 days.
At the time of publication, Fool analyst Andy Cross did not own shares in any company mentioned. Fool rules are here.
