CUB FY 2010 Earnings Report — Lionheart Holdings Revenue & Financial Results | Market Cap Arena

Lionheart HoldingsCUB

FY 2010 Earnings

Reported December 8, 2010

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2010	Prior Q	FY 2009	QoQ Change	YoY Change
Revenue	$1.2B	—	$1.0B	—	17.5%
Op. Income	$106M	—	$85M	—	24.6%
Gross Margin	21.1%	—	20.8%	—	0.4pp
Net Margin	5.9%	—	5.5%	—	0.4pp
EPS (Diluted)	$2.64	—	$2.08	—	26.9%
Free Cash Flow	$105M	—	$171M	—	-38.6%

Revenue Flow

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$942M
GROSS PROFIT	$252M
R&D Expenses	$19M
Selling & Marketing	$0
General & Administrative	$121M
SG&A Expenses	$121M
Other Expenses	$7M
Operating Expenses	$147M
Cost & Expenses	$1.1B
OPERATING INCOME	$106M
Interest Income	$0
Interest Expense	$2M
Other Income/Expenses	$396.0K
INCOME BEFORE TAX	$106M
Income Tax Expense	$35M
Net Income from Continuing Ops	$71M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$71M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$71M
D&A	$14M
EBIT	$108M
EBITDA	$122M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$942M
GROSS PROFIT	$252M
R&D Expenses	$19M
Selling & Marketing	$0
General & Administrative	$121M
SG&A Expenses	$121M
Other Expenses	$7M
Operating Expenses	$147M
Cost & Expenses	$1.1B
OPERATING INCOME	$106M
Interest Income	$0
Interest Expense	$2M
Other Income/Expenses	$396.0K
INCOME BEFORE TAX	$106M
Income Tax Expense	$35M
Net Income from Continuing Ops	$71M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$71M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$71M
D&A	$14M
EBIT	$108M
EBITDA	$122M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$71M
Depreciation & Amortization	$14M
Stock-Based Compensation	$0
Deferred Income Tax	-$164.0K
Other Non-Cash Items	-$4M
Change in Working Capital	$31M
OPERATING CASH FLOW	$112M
Capital Expenditure	-$7M
Acquisitions (Net)	-$8M
Purchases of Investments	-$159M
Sales/Maturities of Investments	$121M
Other Investing Activities	-$250.0K
NET CASH FROM INVESTING	-$53M
Net Debt Issuance	$0
Common Stock Repurchased	-$3.0K
Common Dividends Paid	-$5M
Other Financing Activities	-$5M
NET CASH FROM FINANCING	-$9M
FREE CASH FLOW	$105M
Net Change in Cash	$51M

Balance Sheet

Item	Amount
Cash & Equivalents	$295M
Short-Term Investments	$84M
Net Receivables	$210M
Inventory	$33M
Other Current Assets	$44M
TOTAL CURRENT ASSETS	$666M
PP&E (Net)	$47M
Goodwill	$64M
Intangible Assets	$26M
Long-Term Investments	$0
Tax Assets	$19M
Other Non-Current Assets	$33M
TOTAL NON-CURRENT ASSETS	$190M
TOTAL ASSETS	$856M
Account Payables	$34M
Short-Term Debt	$5M
Deferred Revenue	$140M
Other Current Liabilities	$121M
TOTAL CURRENT LIABILITIES	$299M
Long-Term Debt	$16M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$54M
TOTAL NON-CURRENT LIABILITIES	$70M
TOTAL LIABILITIES	$368M
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$522M
Treasury Stock	$0
Accum. Other Comp. Income	-$16M
Other Equity	-$18M
TOTAL STOCKHOLDERS' EQUITY	$488M
Minority Interest	$0
TOTAL EQUITY	$488M
TOTAL LIABILITIES & EQUITY	$856M
Total Debt	$20M
Net Debt	-$275M