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Blackhawk Network Holdings (Blackhawk Network Holdings) EBIT : $-8 Mil (TTM As of Mar. 2018)


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What is Blackhawk Network Holdings EBIT?

Blackhawk Network Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2018 was $-19 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2018 was $-8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Blackhawk Network Holdings's annualized ROC % for the quarter that ended in Mar. 2018 was -1.61%. Blackhawk Network Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2018 was -44.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Blackhawk Network Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2018 was -0.31%.


Blackhawk Network Holdings EBIT Historical Data

The historical data trend for Blackhawk Network Holdings's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Blackhawk Network Holdings EBIT Chart

Blackhawk Network Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
EBIT
Get a 7-Day Free Trial 70.68 78.75 85.78 22.80 -5.00

Blackhawk Network Holdings Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -22.48 -3.73 -12.07 27.00 -19.31

Competitive Comparison of Blackhawk Network Holdings's EBIT

For the Credit Services subindustry, Blackhawk Network Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blackhawk Network Holdings's EV-to-EBIT Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Blackhawk Network Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Blackhawk Network Holdings's EV-to-EBIT falls into.



Blackhawk Network Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Blackhawk Network Holdings  (NAS:HAWK) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Blackhawk Network Holdings's annualized ROC % for the quarter that ended in Mar. 2018 is calculated as:

ROC % (Q: Mar. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2017 ) + Invested Capital (Q: Mar. 2018 ))/ count )
=-56.224 * ( 1 - 42.46% )/( (2036.009 + 1977.067)/ 2 )
=-32.3512896/2006.538
=-1.61 %

where

Invested Capital(Q: Dec. 2017 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4139.68 - 2264.203 - ( 1096.195 - max(0, 2780.787 - 2620.255+1096.195))
=2036.009

Invested Capital(Q: Mar. 2018 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2725.666 - 859.987 - ( 351.099 - max(0, 1259.464 - 1148.076+351.099))
=1977.067

Note: The Operating Income data used here is four times the quarterly (Mar. 2018) data.

2. Joel Greenblatt's definition of Return on Capital:

Blackhawk Network Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2017  Q: Mar. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-77.228/( ( (172.607 + max(-2291.294, 0)) + (172.132 + max(-878.814, 0)) )/ 2 )
=-77.228/( ( 172.607 + 172.132 )/ 2 )
=-77.228/172.3695
=-44.80 %

where Working Capital is:

Working Capital(Q: Dec. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(184.994 + 37.007 + 252.889) - (2264.203 + 432.506 + 69.475)
=-2291.294

Working Capital(Q: Mar. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(152.262 + 38.663 + 170.872) - (859.987 + 321.97 + 58.654)
=-878.814

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2018) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Blackhawk Network Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2018 )
=-8.11/2578.830
=-0.31 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Blackhawk Network Holdings EBIT Related Terms

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Blackhawk Network Holdings (Blackhawk Network Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Blackhawk Network Holdings Inc is a United States-based prepaid payment network. It utilizes proprietary technology to offer to consumers and businesses a broad selection of prepaid cards in physical and electronic forms, as well as complementary prepaid products, payment services, and incentives solutions. Blackhawk's product offerings include single-use gift cards, loyalty, incentive and reward products and services; prepaid telecom products and prepaid financial services products, including general purpose reloadable (GPR) cards, and its reload network. The company distributes these prepaid products across multiple high-traffic channels such as grocery, convenience, specialty and online retailers in the Americas, Europe, Africa, Australia and Asia.
Executives
Arun Sarin director C/O SAFEWAY INC., 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Hoskins Roche L Talbott director, officer: President and CEO C/O BLACKHAWK NETWORK HOLDINGS, INC., 6220 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Robert B Henske director 2535 GARCIA AVE, MOUNTAIN VIEW CA 94043
Paul Hazen director P O BOX 7070, CARMEL CA 93921
Robert L Edwards director C/O IMATION CORP, 1 IMATION PL, OAKDALE MN 55128
Mohan S Gyani director 7277 164TH AVE NE, BLDG1, REDMOND WA 98052
Jane J. Thompson director 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408
Steven A Burd director C/O SAFEWAY INC, 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Thomas Barnds director C/O ACCEL-KKR CAPITAL PARTNERS III, LP, 2500 SAND HILL ROAD, SUITE 300, MENLO PARK CA 94025
Jeffrey H Fox director ONE ALLIED DRIVE, LITTLE ROCK AR 72202
Probst Lawrence F Iii director 209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Juli Spottiswood officer: SVP/GM Engagement Solutions 3250 BRIARPARK DRIVE, SUITE 400, HOUSTON TX 77042

Blackhawk Network Holdings (Blackhawk Network Holdings) Headlines