© 2011 Coinstar, Inc. All Rights Reserved Investor Update February 3, 2011 Exhibit 99.2 |
This presentation contains statements considered forward-looking for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various factors, including those discussed in our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission. Coinstar, Inc. assumes no obligation and does not intend to update these forward-looking statements. Safe Harbor for Forward-Looking Statements 2 © 2011 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc. |
3 3 *Adjusted EBITDA from continuing operations is defined as earnings before net interest expense, income taxes, depreciation, amortization and certain other non-cash charges including the write-off from early retirement of debt, and share-based expenses from continuing operations. ** Free cash flow from continuing operations is defined as net cash provided by operating activities from continuing operations after cash paid for capital expenditures from continuing operations. 2011 Full Year – Revenue by Segment (in millions) DVD $1,420 - $1,555 Coin $280 - $290 New Business $0 - $5 Total $1,700 - $1,850 2011 Full Year – Other Adjusted EBITDA from continuing operations* (in millions) $325 - $355 EPS from continuing operations $2.60 - $3.10 Shares Outstanding (in millions) 33.1 - 33.3 Estimated Effective Tax Rate 39% Free Cash Flow from continuing operations** (in millions) $115 - $140 2011 Q1 Guidance Revenue (in millions) $400 - $420 Adjusted EBITDA from continuing operations* (in millions) $50 - $56 EPS from continuing operations $0.15 - $0.25 2011 Full Year Capital Expenditures from Continuing Operations (in millions) DVD $125 - $140 Coin – New $8 - $10 Coin – Maintenance $10 - $12 Corporate/Other $20 - $23 Total $163 - $185 2011 Full Year – Installations, net DVD Kiosks 5,000 - 6,000 Coin Kiosks 0 2011 Full Year and Q1 Guidance As of Feb. 3, 2011 © 2011 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc. |
Consolidated Revenue As of Dec. 31, 2010 © 2011 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc. 4 Revenue (in millions) $1,436 |
Q1 Q2 Q3 Q4 YTD 2010 $ 15,995 $ 26,466 $ 26,986 $ 24,205 $ 93,652 2009 $ 22,237 $ 25,786 $ 26,919 $ 26,659 $ 101,601 2008 $ 24,633 $ 26,131 $ 27,468 $ 26,163 $ 104,395 © 2011 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc. 5 Segment Information (in thousands) As of Dec. 31, 2010 DVD Q1 Q2 Q3 Q4 YTD Coin 2010 $ 44,429 $ 39,049 $ 53,677 $ 55,408 $ 192,563 2009 $ 20,850 $ 24,157 $ 27,441 $ 29,460 $ 101,908 2008 $ 8,258 $ 10,533 $ 12,779 $ 18,599 $ 50,169 Operating Profit: 2010 $ 59,993 $ 70,427 $ 74,717 $ 71,174 $ 276,311 2009 $ 58,056 $ 64,919 $ 69,640 $ 66,497 $ 259,112 2008 $ 59,329 $ 64,585 $ 71,104 $ 66,608 $ 261,626 2007 $ 54,915 $ 62,523 $ 67,513 $ 66,363 $ 251,314 2006 $ 50,683 $ 57,408 $ 61,610 $ 61,260 $ 230,961 DVD (from acquisition date) Q1 Q2 Q3 Q4 YTD Coin Revenue: 2010 $ 263,129 $ 271,929 $ 305,470 $ 319,582 $1,160,110 2009 $ 154,697 $ 188,925 $ 198,085 $ 231,804 $ 773,511 2008 $ 60,513 $ 89,956 $ 104,192 $ 133,792 $ 388,453 2007 $ 2,602 $ 3,063 $ 1,649 $ 2,218 $ 9,532 2006 $ 281 $ 876 $ 891 $ 2,405 $ 4,453 Q1 Q2 Q3 Q4 YTD 2010 $ 10,509 $ 7,706 $ 7,376 $ 7,760 $ 33,351 2009 $ 6,981 $ 7,437 $ 7,434 $ 7,398 $ 29,250 2008 $ 6,721 $ 6,020 $ 6,329 $ 6,746 $ 25,816 DVD Q1 Q2 Q3 Q4 YTD Coin 2010 $ 22,171 $ 23,906 $ 24,006 $ 23,558 $ 93,641 2009 $ 13,169 $ 14,738 $ 15,541 $ 17,283 $ 60,731 2008 $ 5,468 $ 7,719 $ 8,655 $ 12,332 $ 34,174 Q1 Q2 Q3 Q4 YTD Depreciation, Amortization and Other: |
Q1 Q2 Q3 Q4 2010 19,100 19,000 18,900 18,900 2009 18,400 18,400 18,800 19,200 2008 15,500 16,500 17,500 18,400 2007 13,800 14,200 14,500 15,400 2006 13,000 13,100 13,100 13,500 © 2011 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc. 6 Installations and Same Store Sales As of Dec. 31, 2010 DVD Kiosks (rounded) 2010 24,800 26,900 28,500 30,200 2009 15,400 17,900 20,600 22,400 2008 7,900 9,600 11,800 13,700 2007 3,000 4,300 5,700 7,000 2006 1,000 1,500 1,700 2,200 Q1 Q2 Q3 Q4 Coin Kiosks (rounded) Q1 Q2 Q3 Q4 Coin Kiosk Same Store Sales 2010 0.5% 7.9% 7.9% 10.0% 2009 -5.0% -4.3% -5.4% -5.1% 2008 -0.2% -3.2% -1.8% -5.0% 2007 4.3% 4.4% 3.7% 1.7% 2006 7.8% 7.6% 7.0% 6.2% Q1 Q2 Q3 Q4 DVD Kiosk Same Store Sales 2010 21.0% 3.5% 17.2% 12.5% 2009 35.0% 33.0% 26.3% 21.0% 2008 37.4% 63.2% 40.6% 64.3% |
2010 59.0% 56.4% 59.7% 54.4% 57.3% 2009 59.6% 57.4% 58.1% 54.0% 57.0% 2008 65.2% 63.0% 62.5% 62.2% 62.9% Q1 Q2 Q3 Q4 YTD Q1 Q2 Q3 Q4 YTD 2010 $ 31,517 $ 52,822 $ 48,135 $ 38,373 $ 170,847 2009 $ 34,987 $ 38,288 $ 28,647 $ 46,545 $ 148,467 2008 $ 28,182 $ 34,653 $ 47,692 $ 33,525 $ 144,052 2007 $ 7,495 $ 11,926 $ 15,375 $ 15,047 $ 49,843 2006 $ 1,725 $ 4,159 $ 3,727 $ 13,197 $ 22,808 © 2011 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc. 7 Other Information As of Dec. 31, 2010 DVD Gross Margin Consolidated Capital Expenditures for Continuing Operations (in thousands) |
Top 5 Customers* – DVD and Coin Lines of Business and Consolidated Company As of Dec. 31, 2010 8 * As measured by revenue ** All Walmart related companies, including Sam’s Club and ASDA. DVD • Walmart** • Walgreens • Kroger • McDonald’s • 7-Eleven Coin • Walmart ** • Kroger • Supervalu • Delhaize • Ahold All LOBs • Walmart** • Walgreens • Kroger • Supervalu • McDonald’s © 2011 Coinstar, Inc. All Rights Reserved. These materials may not be reproduced, altered or distributed without the express written consent of Coinstar, Inc. |