$LDOS
Leidos Holdings, Inc.

2014 Q2 Form 10-Q Financial Statement

#000133692014000014 Filed on June 04, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q2
Revenue $1.312B $1.593B
YoY Change -17.64% -0.31%
Cost Of Revenue $1.141B $1.377B
YoY Change -17.14% -43.4%
Gross Profit $171.0M $216.0M
YoY Change -20.83% -125.87%
Gross Profit Margin 13.03% 13.56%
Selling, General & Admin $84.00M $128.0M
YoY Change -34.38% 4.92%
% of Gross Profit 49.12% 59.26%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $18.00M $26.00M
YoY Change -30.77% -3.7%
% of Gross Profit 10.53% 12.04%
Operating Expenses $84.00M $154.0M
YoY Change -45.45% 25.2%
Operating Profit $87.00M $77.00M
YoY Change 12.99% -33.62%
Interest Expense $20.00M $20.00M
YoY Change 0.0% -31.03%
% of Operating Profit 22.99% 25.97%
Other Income/Expense, Net $2.000M $1.000M
YoY Change 100.0% -50.0%
Pretax Income $69.00M $61.00M
YoY Change 13.11% -66.67%
Income Tax $24.00M $21.00M
% Of Pretax Income 34.78% 34.43%
Net Earnings $37.00M $81.00M
YoY Change -54.32% -30.77%
Net Earnings / Revenue 2.82% 5.08%
Basic Earnings Per Share $0.48 $0.44
Diluted Earnings Per Share $0.47 $0.44
COMMON SHARES
Basic Shares Outstanding 77.00M shares 84.00M shares
Diluted Shares Outstanding 78.00M shares 84.00M shares

Balance Sheet

Concept 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $183.0M $563.0M
YoY Change -67.5% -51.76%
Cash & Equivalents $183.0M $562.0M
Short-Term Investments
Other Short-Term Assets $10.00M $393.0M
YoY Change -97.46%
Inventory $280.0M $393.0M
Prepaid Expenses
Receivables $1.098B $2.063B
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.571B $3.019B
YoY Change -47.96% -20.36%
LONG-TERM ASSETS
Property, Plant & Equipment $480.0M $315.0M
YoY Change 52.38% -7.08%
Goodwill $1.704B $2.195B
YoY Change -22.37%
Intangibles $88.00M $173.0M
YoY Change -49.13%
Long-Term Investments
YoY Change
Other Assets $112.0M $74.00M
YoY Change 51.35% -24.49%
Total Long-Term Assets $2.398B $2.771B
YoY Change -13.46% 14.08%
TOTAL ASSETS
Total Short-Term Assets $1.571B $3.019B
Total Long-Term Assets $2.398B $2.771B
Total Assets $3.969B $5.790B
YoY Change -31.45% -6.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $740.0M $1.211B
YoY Change -38.89% -14.11%
Accrued Expenses $253.0M $448.0M
YoY Change -43.53% -13.01%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $3.000M $1.000M
YoY Change 200.0% -99.82%
Total Short-Term Liabilities $1.004B $2.017B
YoY Change -50.22% -19.64%
LONG-TERM LIABILITIES
Long-Term Debt $1.330B $1.297B
YoY Change 2.54% -0.08%
Other Long-Term Liabilities $230.0M $172.0M
YoY Change 33.72% 17.81%
Total Long-Term Liabilities $1.560B $1.469B
YoY Change 6.19% 1.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.004B $2.017B
Total Long-Term Liabilities $1.560B $1.469B
Total Liabilities $2.564B $3.486B
YoY Change -26.45% -11.84%
SHAREHOLDERS EQUITY
Retained Earnings $0.00 $182.0M
YoY Change -100.0%
Common Stock $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.405B $2.304B
YoY Change
Total Liabilities & Shareholders Equity $3.969B $5.790B
YoY Change -31.45% -6.91%

Cashflow Statement

Concept 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income $37.00M $81.00M
YoY Change -54.32% -30.77%
Depreciation, Depletion And Amortization $18.00M $26.00M
YoY Change -30.77% -3.7%
Cash From Operating Activities -$4.000M -$128.0M
YoY Change -96.88% -64.54%
INVESTING ACTIVITIES
Capital Expenditures $10.00M $18.00M
YoY Change -44.44% 125.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$2.000M
YoY Change -100.0% 100.0%
Cash From Investing Activities -$10.00M $8.000M
YoY Change -225.0% -214.29%
FINANCING ACTIVITIES
Cash Dividend Paid $24.00M $342.0M
YoY Change -92.98% 734.15%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -233.0M -53.00M
YoY Change 339.62% -7.02%
NET CHANGE
Cash From Operating Activities -4.000M -128.0M
Cash From Investing Activities -10.00M 8.000M
Cash From Financing Activities -233.0M -53.00M
Net Change In Cash -247.0M 8.000M
YoY Change -3187.5% -214.29%
FREE CASH FLOW
Cash From Operating Activities -$4.000M -$128.0M
Capital Expenditures $10.00M $18.00M
Free Cash Flow -$14.00M -$146.0M
YoY Change -90.41% -60.43%

Facts In Submission

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CY2014Q2 dei Document Type
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CY2014Q2 dei Entity Common Stock Shares Outstanding
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CY2014Q2 dei Entity Registrant Name
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Leidos Holdings, Inc.
CY2014Q2 dei Trading Symbol
TradingSymbol
LDOS

Files In Submission

Name View Source Status
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0001336920-14-000014-index.html Edgar Link pending
0001336920-14-000014.txt Edgar Link pending
0001336920-14-000014-xbrl.zip Edgar Link pending
ex101-formofrsuagreementma.htm Edgar Link pending
ex102-formofrsuagreementxn.htm Edgar Link pending
ex103-formofrsuagreementxm.htm Edgar Link pending
ex104-formofperformancesha.htm Edgar Link pending
exhibit10_5xmou.htm Edgar Link pending
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Financial_Report.xls Edgar Link pending
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