CUB FY 2009 Earnings Report — Lionheart Holdings Revenue & Financial Results | Market Cap Arena

Lionheart HoldingsCUB

FY 2009 Earnings

Reported December 9, 2009

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2009	Prior Q	FY 2008	QoQ Change	YoY Change
Revenue	$1.0B	—	$881M	—	15.4%
Op. Income	$85M	—	$59M	—	42.4%
Gross Margin	20.8%	—	19.5%	—	1.3pp
Net Margin	5.5%	—	4.2%	—	1.3pp
EPS (Diluted)	$2.08	—	$1.38	—	50.7%
Free Cash Flow	$171M	—	$85M	—	101.9%

Revenue Flow

Item	Amount
REVENUE	$1.0B
Cost of Revenue	$806M
GROSS PROFIT	$211M
R&D Expenses	$8M
Selling & Marketing	$0
General & Administrative	$112M
SG&A Expenses	$112M
Other Expenses	$6M
Operating Expenses	$126M
Cost & Expenses	$932M
OPERATING INCOME	$85M
Interest Income	$0
Interest Expense	$2M
Other Income/Expenses	$532.0K
INCOME BEFORE TAX	$85M
Income Tax Expense	$30M
Net Income from Continuing Ops	$56M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$56M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$56M
D&A	$16M
EBIT	$87M
EBITDA	$103M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.0B
Cost of Revenue	$806M
GROSS PROFIT	$211M
R&D Expenses	$8M
Selling & Marketing	$0
General & Administrative	$112M
SG&A Expenses	$112M
Other Expenses	$6M
Operating Expenses	$126M
Cost & Expenses	$932M
OPERATING INCOME	$85M
Interest Income	$0
Interest Expense	$2M
Other Income/Expenses	$532.0K
INCOME BEFORE TAX	$85M
Income Tax Expense	$30M
Net Income from Continuing Ops	$56M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$56M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$56M
D&A	$16M
EBIT	$87M
EBITDA	$103M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$56M
Depreciation & Amortization	$16M
Stock-Based Compensation	$0
Deferred Income Tax	$3M
Other Non-Cash Items	$3M
Change in Working Capital	$98M
OPERATING CASH FLOW	$176M
Capital Expenditure	-$5M
Acquisitions (Net)	-$20M
Purchases of Investments	-$8M
Sales/Maturities of Investments	$0
Other Investing Activities	$76.0K
NET CASH FROM INVESTING	-$33M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$5M
Other Financing Activities	-$6M
NET CASH FROM FINANCING	-$11M
FREE CASH FLOW	$171M
Net Change in Cash	$131M

Balance Sheet

Item	Amount
Cash & Equivalents	$244M
Short-Term Investments	$8M
Net Receivables	$231M
Inventory	$49M
Other Current Assets	$52M
TOTAL CURRENT ASSETS	$585M
PP&E (Net)	$49M
Goodwill	$59M
Intangible Assets	$29M
Long-Term Investments	$0
Tax Assets	$14M
Other Non-Current Assets	$20M
TOTAL NON-CURRENT ASSETS	$171M
TOTAL ASSETS	$756M
Account Payables	$29M
Short-Term Debt	$5M
Deferred Revenue	$0
Other Current Liabilities	$236M
TOTAL CURRENT LIABILITIES	$270M
Long-Term Debt	$21M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$5M
Other Non-Current Liabilities	$40M
TOTAL NON-CURRENT LIABILITIES	$66M
TOTAL LIABILITIES	$335M
Common Stock	$13M
Additional Paid-In Capital	$0
Retained Earnings	$456M
Treasury Stock	$0
Accum. Other Comp. Income	-$11M
Other Equity	-$36M
TOTAL STOCKHOLDERS' EQUITY	$421M
Minority Interest	$0
TOTAL EQUITY	$421M
TOTAL LIABILITIES & EQUITY	$756M
Total Debt	$25M
Net Debt	-$219M