CACI FY 2008 Earnings Report — CACI International Inc Revenue & Financial Results | Market Cap Arena

CACI International IncCACI

FY 2008 Earnings

Reported August 27, 2008

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2008	Prior Q	FY 2007	QoQ Change	YoY Change
Revenue	$2.4B	—	$1.9B	—	24.9%
Op. Income	$163M	—	$146M	—	11.6%
Gross Margin	32.8%	—	34.6%	—	-1.7pp
Net Margin	3.4%	—	4.1%	—	-0.6pp
EPS (Diluted)	$2.72	—	$2.51	—	8.4%
Free Cash Flow	$146M	—	$160M	—	-8.5%

Revenue Flow

Item	Amount
REVENUE	$2.4B
Cost of Revenue	$1.6B
GROSS PROFIT	$795M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$585M
Other Expenses	$48M
Operating Expenses	$632M
Cost & Expenses	$2.3B
OPERATING INCOME	$163M
Interest Income	$4M
Interest Expense	$0
Other Income/Expenses	-$25M
INCOME BEFORE TAX	$138M
Income Tax Expense	$54M
Net Income from Continuing Ops	$83M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$83M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$83M
D&A	$50M
EBIT	$168M
EBITDA	$215M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$2.4B
Cost of Revenue	$1.6B
GROSS PROFIT	$795M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$585M
Other Expenses	$48M
Operating Expenses	$632M
Cost & Expenses	$2.3B
OPERATING INCOME	$163M
Interest Income	$4M
Interest Expense	$0
Other Income/Expenses	-$25M
INCOME BEFORE TAX	$138M
Income Tax Expense	$54M
Net Income from Continuing Ops	$83M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$83M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$83M
D&A	$50M
EBIT	$168M
EBITDA	$215M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$83M
Depreciation & Amortization	$50M
Stock-Based Compensation	$18M
Deferred Income Tax	$6M
Other Non-Cash Items	$18M
Change in Working Capital	$3M
OPERATING CASH FLOW	$160M
Capital Expenditure	-$14M
Acquisitions (Net)	-$316M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$101.0K
NET CASH FROM INVESTING	-$329M
Net Debt Issuance	-$7M
Common Stock Repurchased	-$2M
Common Dividends Paid	$0
Other Financing Activities	$5M
NET CASH FROM FINANCING	$4M
FREE CASH FLOW	$146M
Net Change in Cash	-$165M

Balance Sheet

Item	Amount
Cash & Equivalents	$120M
Short-Term Investments	$0
Net Receivables	$442M
Inventory	$0
Other Current Assets	$41M
TOTAL CURRENT ASSETS	$603M
PP&E (Net)	$25M
Goodwill	$1.1B
Intangible Assets	$126M
Long-Term Investments	$0
Tax Assets	$9M
Other Non-Current Assets	$72M
TOTAL NON-CURRENT ASSETS	$1.3B
TOTAL ASSETS	$1.9B
Account Payables	$74M
Short-Term Debt	$4M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$290M
Long-Term Debt	$639M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$55M
TOTAL NON-CURRENT LIABILITIES	$694M
TOTAL LIABILITIES	$985M
Common Stock	$4M
Additional Paid-In Capital	$370M
Retained Earnings	$604M
Treasury Stock	-$67M
Accum. Other Comp. Income	$7M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$918M
Minority Interest	$0
TOTAL EQUITY	$918M
TOTAL LIABILITIES & EQUITY	$1.9B
Total Debt	$643M
Net Debt	$522M