CACI FY 2014 Earnings Report — CACI International Inc Revenue & Financial Results | Market Cap Arena

CACI International IncCACI

FY 2014 Earnings

Reported August 28, 2014

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2014	Prior Q	FY 2013	QoQ Change	YoY Change
Revenue	$3.6B	—	$3.7B	—	-3.2%
Op. Income	$257M	—	$271M	—	-5.0%
Gross Margin	7.2%	—	7.4%	—	-0.1pp
Net Margin	3.8%	—	4.1%	—	-0.3pp
EPS (Diluted)	$5.38	—	$6.35	—	-15.3%
Free Cash Flow	$183M	—	$234M	—	-21.6%

Revenue Flow

Item	Amount
REVENUE	$3.6B
Cost of Revenue	$3.3B
GROSS PROFIT	$257M
R&D Expenses	$4M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$0
Operating Expenses	$0
Cost & Expenses	$3.3B
OPERATING INCOME	$257M
Interest Income	$0
Interest Expense	$38M
Other Income/Expenses	-$38M
INCOME BEFORE TAX	$219M
Income Tax Expense	$83M
Net Income from Continuing Ops	$136M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$135M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$135M
D&A	$65M
EBIT	$257M
EBITDA	$323M
EPS	$6
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$3.6B
Cost of Revenue	$3.3B
GROSS PROFIT	$257M
R&D Expenses	$4M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$0
Operating Expenses	$0
Cost & Expenses	$3.3B
OPERATING INCOME	$257M
Interest Income	$0
Interest Expense	$38M
Other Income/Expenses	-$38M
INCOME BEFORE TAX	$219M
Income Tax Expense	$83M
Net Income from Continuing Ops	$136M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$135M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$135M
D&A	$65M
EBIT	$257M
EBITDA	$323M
EPS	$6
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$136M
Depreciation & Amortization	$65M
Stock-Based Compensation	$12M
Deferred Income Tax	$16M
Other Non-Cash Items	$19M
Change in Working Capital	-$49M
OPERATING CASH FLOW	$199M
Capital Expenditure	-$15M
Acquisitions (Net)	-$836M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$876.0K
NET CASH FROM INVESTING	-$852M
Net Debt Issuance	$661M
Common Stock Repurchased	-$4M
Common Dividends Paid	$0
Other Financing Activities	-$6M
NET CASH FROM FINANCING	$652M
FREE CASH FLOW	$183M
Net Change in Cash	$124.0K

Balance Sheet

Item	Amount
Cash & Equivalents	$64M
Short-Term Investments	$0
Net Receivables	$616M
Inventory	$0
Other Current Assets	$56M
TOTAL CURRENT ASSETS	$736M
PP&E (Net)	$68M
Goodwill	$2.2B
Intangible Assets	$230M
Long-Term Investments	-$23M
Tax Assets	$23M
Other Non-Current Assets	$136M
TOTAL NON-CURRENT ASSETS	$2.6B
TOTAL ASSETS	$3.4B
Account Payables	$56M
Short-Term Debt	$42M
Deferred Revenue	$34M
Other Current Liabilities	$108M
TOTAL CURRENT LIABILITIES	$423M
Long-Term Debt	$1.2B
Deferred Revenue NC	$8M
Deferred Tax Liabilities	$198M
Other Non-Current Liabilities	$101M
TOTAL NON-CURRENT LIABILITIES	$1.6B
TOTAL LIABILITIES	$2.0B
Common Stock	$4M
Additional Paid-In Capital	$537M
Retained Earnings	$1.4B
Treasury Stock	-$577M
Accum. Other Comp. Income	-$382.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.4B
Minority Interest	$2M
TOTAL EQUITY	$1.4B
TOTAL LIABILITIES & EQUITY	$3.4B
Total Debt	$1.3B
Net Debt	$1.2B