CUB FY 2011 Earnings Report — Lionheart Holdings Revenue & Financial Results | Market Cap Arena

Lionheart HoldingsCUB

FY 2011 Earnings

Reported November 21, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$1.3B	—	$1.2B	—	7.6%
Op. Income	$112M	—	$106M	—	6.5%
Gross Margin	23.9%	—	21.1%	—	2.8pp
Net Margin	6.6%	—	5.9%	—	0.7pp
EPS (Diluted)	$3.17	—	$2.64	—	20.1%
Free Cash Flow	$124M	—	$105M	—	18.1%

Revenue Flow

Item	Amount
REVENUE	$1.3B
Cost of Revenue	$978M
GROSS PROFIT	$307M
R&D Expenses	$25M
Selling & Marketing	$0
General & Administrative	$155M
SG&A Expenses	$155M
Other Expenses	$15M
Operating Expenses	$195M
Cost & Expenses	$1.2B
OPERATING INCOME	$112M
Interest Income	$0
Interest Expense	$1M
Other Income/Expenses	$5M
INCOME BEFORE TAX	$118M
Income Tax Expense	$33M
Net Income from Continuing Ops	$85M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$85M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$85M
D&A	$22M
EBIT	$119M
EBITDA	$141M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.3B
Cost of Revenue	$978M
GROSS PROFIT	$307M
R&D Expenses	$25M
Selling & Marketing	$0
General & Administrative	$155M
SG&A Expenses	$155M
Other Expenses	$15M
Operating Expenses	$195M
Cost & Expenses	$1.2B
OPERATING INCOME	$112M
Interest Income	$0
Interest Expense	$1M
Other Income/Expenses	$5M
INCOME BEFORE TAX	$118M
Income Tax Expense	$33M
Net Income from Continuing Ops	$85M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$85M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$85M
D&A	$22M
EBIT	$119M
EBITDA	$141M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$85M
Depreciation & Amortization	$22M
Stock-Based Compensation	$0
Deferred Income Tax	$4M
Other Non-Cash Items	$310.0K
Change in Working Capital	$21M
OPERATING CASH FLOW	$133M
Capital Expenditure	-$9M
Acquisitions (Net)	-$127M
Purchases of Investments	$0
Sales/Maturities of Investments	$58M
Other Investing Activities	$175.0K
NET CASH FROM INVESTING	-$77M
Net Debt Issuance	$0
Common Stock Repurchased	-$4.0K
Common Dividends Paid	-$7M
Other Financing Activities	-$5M
NET CASH FROM FINANCING	-$12M
FREE CASH FLOW	$124M
Net Change in Cash	$34M

Balance Sheet

Item	Amount
Cash & Equivalents	$329M
Short-Term Investments	$26M
Net Receivables	$245M
Inventory	$37M
Other Current Assets	$34M
TOTAL CURRENT ASSETS	$671M
PP&E (Net)	$48M
Goodwill	$146M
Intangible Assets	$54M
Long-Term Investments	$0
Tax Assets	$11M
Other Non-Current Assets	$28M
TOTAL NON-CURRENT ASSETS	$288M
TOTAL ASSETS	$959M
Account Payables	$39M
Short-Term Debt	$5M
Deferred Revenue	$184M
Other Current Liabilities	$111M
TOTAL CURRENT LIABILITIES	$338M
Long-Term Debt	$11M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$57M
TOTAL NON-CURRENT LIABILITIES	$69M
TOTAL LIABILITIES	$407M
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$599M
Treasury Stock	$0
Accum. Other Comp. Income	-$26M
Other Equity	-$21M
TOTAL STOCKHOLDERS' EQUITY	$552M
Minority Interest	$0
TOTAL EQUITY	$552M
TOTAL LIABILITIES & EQUITY	$959M
Total Debt	$16M
Net Debt	-$313M