$SAIC
Science Applications International Corp

2013 Q4 Form 10-Q Financial Statement

#000119312513472090 Filed on December 13, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2012 Q4 2012 Q1
Revenue $1.007B $1.213B
YoY Change -16.98%
Cost Of Revenue $925.0M $1.101B
YoY Change -15.99%
Gross Profit $82.00M $112.0M
YoY Change -26.79%
Gross Profit Margin 8.14% 9.23%
Selling, General & Admin $22.00M $28.00M
YoY Change -21.43%
% of Gross Profit 26.83% 25.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.000M $3.000M
YoY Change 100.0%
% of Gross Profit 7.32% 2.68%
Operating Expenses $22.00M $28.00M
YoY Change -21.43%
Operating Profit $37.00M $73.00M
YoY Change -49.32%
Interest Expense $3.000M
YoY Change
% of Operating Profit 8.11%
Other Income/Expense, Net
YoY Change
Pretax Income $34.00M $73.00M
YoY Change -53.42%
Income Tax $12.00M $28.00M
% Of Pretax Income 35.29% 38.36%
Net Earnings $22.00M $45.00M
YoY Change -51.11%
Net Earnings / Revenue 2.18% 3.71%
Basic Earnings Per Share $0.45 $0.92
Diluted Earnings Per Share $0.44 $0.90
COMMON SHARES
Basic Shares Outstanding 48.60M 49.00M shares
Diluted Shares Outstanding 49.70M 50.00M shares

Balance Sheet

Concept 2013 Q4 2012 Q4 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $157.0M $0.00
YoY Change
Cash & Equivalents $157.0M $0.00 $1.000M
Short-Term Investments
Other Short-Term Assets $94.00M $115.0M
YoY Change -18.26%
Inventory
Prepaid Expenses
Receivables $748.0M $750.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $999.0M $865.0M
YoY Change 15.49%
LONG-TERM ASSETS
Property, Plant & Equipment $53.00M $31.00M
YoY Change 70.97%
Goodwill $379.0M $379.0M
YoY Change 0.0%
Intangibles $4.000M
YoY Change
Long-Term Investments
YoY Change
Other Assets $8.000M $30.00M
YoY Change -73.33%
Total Long-Term Assets $444.0M $447.0M
YoY Change -0.67%
TOTAL ASSETS
Total Short-Term Assets $999.0M $865.0M
Total Long-Term Assets $444.0M $447.0M
Total Assets $1.443B $1.312B
YoY Change 9.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $422.0M $180.0M
YoY Change 134.44%
Accrued Expenses $165.0M $505.0M
YoY Change -67.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $7.000M $2.000M $2.000M
YoY Change 250.0%
Total Short-Term Liabilities $599.0M $719.0M
YoY Change -16.69%
LONG-TERM LIABILITIES
Long-Term Debt $495.0M $2.000M $1.000M
YoY Change 24650.0%
Other Long-Term Liabilities $10.00M $11.00M
YoY Change -9.09%
Total Long-Term Liabilities $505.0M $13.00M $1.000M
YoY Change 3784.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $599.0M $719.0M
Total Long-Term Liabilities $505.0M $13.00M $1.000M
Total Liabilities $1.104B $732.0M
YoY Change 50.82%
SHAREHOLDERS EQUITY
Retained Earnings $11.00M
YoY Change
Common Stock $326.0M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $335.0M $580.0M $656.0M
YoY Change
Total Liabilities & Shareholders Equity $1.443B $1.312B
YoY Change 9.98%

Cashflow Statement

Concept 2013 Q4 2012 Q4 2012 Q1
OPERATING ACTIVITIES
Net Income $22.00M $45.00M
YoY Change -51.11%
Depreciation, Depletion And Amortization $6.000M $3.000M
YoY Change 100.0%
Cash From Operating Activities $10.00M $98.00M
YoY Change -89.8%
INVESTING ACTIVITIES
Capital Expenditures -$8.000M -$1.000M
YoY Change 700.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $1.000M
YoY Change -100.0%
Cash From Investing Activities -$8.000M $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 153.0M -99.00M
YoY Change -254.55%
NET CHANGE
Cash From Operating Activities 10.00M 98.00M
Cash From Investing Activities -8.000M 0.000
Cash From Financing Activities 153.0M -99.00M
Net Change In Cash 155.0M -1.000M
YoY Change -15600.0%
FREE CASH FLOW
Cash From Operating Activities $10.00M $98.00M
Capital Expenditures -$8.000M -$1.000M
Free Cash Flow $18.00M $99.00M
YoY Change -81.82%

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<div> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" color="#2B4C9B" size="2"><b><i>Reporting Periods</i></b></font></p> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2">Unless otherwise noted, references to fiscal years are to fiscal years ended January&#xA0;31 (for fiscal 2013 and earlier periods), or fiscal years ended the Friday closest to January&#xA0;31 (for fiscal 2014 and later periods). For fiscal 2013, the Company&#x2019;s fiscal quarters ended on the last calendar day of each of April, July and October. Effective in fiscal 2014, the Company changed its fiscal year to a 52/53 week fiscal year ending on the Friday closest to January&#xA0;31, with fiscal quarters typically consisting of 13 weeks. Fiscal 2014 began on February&#xA0;1, 2013 and ends on January&#xA0;31, 2014. The third quarter of fiscal 2014 ended on November&#xA0;1, 2013. The Company does not believe that the change in its fiscal year has a material effect on the comparability of the periods presented.</font></p> </div>
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ck0001571123 Share Based Compensation Arrangement By Share Based Payment Award Options Contractual Term One
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ck0001571123-20131101.xml Edgar Link completed
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