2023 Q4 Form 10-Q Financial Statement

#000157112323000135 Filed on December 04, 2023

View on sec.gov

Income Statement

Concept 2023 Q4
Revenue $1.895B
YoY Change -0.73%
Cost Of Revenue $1.666B
YoY Change -1.3%
Gross Profit $229.0M
YoY Change 3.62%
Gross Profit Margin 12.08%
Selling, General & Admin $87.00M
YoY Change 0.0%
% of Gross Profit 37.99%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $34.00M
YoY Change -8.11%
% of Gross Profit 14.85%
Operating Expenses $87.00M
YoY Change 0.0%
Operating Profit $143.0M
YoY Change 7.52%
Interest Expense $31.00M
YoY Change 3.33%
% of Operating Profit 21.68%
Other Income/Expense, Net $2.000M
YoY Change -166.67%
Pretax Income $114.0M
YoY Change 14.0%
Income Tax $21.00M
% Of Pretax Income 18.42%
Net Earnings $93.00M
YoY Change 16.25%
Net Earnings / Revenue 4.91%
Basic Earnings Per Share $1.79
Diluted Earnings Per Share $1.76
COMMON SHARES
Basic Shares Outstanding 52.80M shares
Diluted Shares Outstanding 53.30M shares

Balance Sheet

Concept 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $311.0M
YoY Change 486.79%
Cash & Equivalents $311.0M
Short-Term Investments
Other Short-Term Assets $67.00M
YoY Change -50.37%
Inventory
Prepaid Expenses
Receivables $1.010B
Other Receivables $0.00
Total Short-Term Assets $1.388B
YoY Change 11.31%
LONG-TERM ASSETS
Property, Plant & Equipment $89.00M
YoY Change -6.32%
Goodwill $2.851B
YoY Change -2.06%
Intangibles
YoY Change
Long-Term Investments $29.00M
YoY Change 11.54%
Other Assets $271.0M
YoY Change 60.36%
Total Long-Term Assets $4.270B
YoY Change -2.53%
TOTAL ASSETS
Total Short-Term Assets $1.388B
Total Long-Term Assets $4.270B
Total Assets $5.658B
YoY Change 0.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $792.0M
YoY Change 1.02%
Accrued Expenses $317.0M
YoY Change -19.95%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $69.00M
YoY Change 360.0%
Total Short-Term Liabilities $1.226B
YoY Change -0.33%
LONG-TERM LIABILITIES
Long-Term Debt $2.194B
YoY Change -6.96%
Other Long-Term Liabilities $278.0M
YoY Change 47.09%
Total Long-Term Liabilities $2.472B
YoY Change -2.94%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.226B
Total Long-Term Liabilities $2.472B
Total Liabilities $3.698B
YoY Change -2.09%
SHAREHOLDERS EQUITY
Retained Earnings $1.413B
YoY Change 44.04%
Common Stock $395.0M
YoY Change -41.83%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.828B
YoY Change
Total Liabilities & Shareholders Equity $5.658B
YoY Change 0.53%

Cashflow Statement

Concept 2023 Q4
OPERATING ACTIVITIES
Net Income $93.00M
YoY Change 16.25%
Depreciation, Depletion And Amortization $34.00M
YoY Change -8.11%
Cash From Operating Activities $101.0M
YoY Change -21.09%
INVESTING ACTIVITIES
Capital Expenditures $4.000M
YoY Change -166.67%
Acquisitions
YoY Change
Other Investing Activities -$6.000M
YoY Change
Cash From Investing Activities -$10.00M
YoY Change 66.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -132.0M
YoY Change -21.43%
NET CHANGE
Cash From Operating Activities 101.0M
Cash From Investing Activities -10.00M
Cash From Financing Activities -132.0M
Net Change In Cash -41.00M
YoY Change -10.87%
FREE CASH FLOW
Cash From Operating Activities $101.0M
Capital Expenditures $4.000M
Free Cash Flow $97.00M
YoY Change -27.61%

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<div style="margin-bottom:10pt"><span style="color:#2b4c9b;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reporting Periods</span></div><div style="margin-bottom:10pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company utilizes a 52/53 week fiscal year ending on the Friday closest to January 31, with fiscal quarters typically consisting of 13 weeks. Fiscal 2024 began on February 4, 2023 and ends on February 2, 2024, while fiscal 2023 began on January 29, 2022 and ended on February 3, 2023.</span></div>
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CY2022Q4 saic Transfers Of Financial Assets Accounted For As Sales Cash Collected Not Remitted To Purchaser
TransfersOfFinancialAssetsAccountedForAsSalesCashCollectedNotRemittedToPurchaser
15000000 usd
CY2023Q4 saic Transfer Of Financial Assets Accounted For As Sales Remaining Sold Receivables
TransferOfFinancialAssetsAccountedForAsSalesRemainingSoldReceivables
217000000 usd
CY2022Q4 saic Transfer Of Financial Assets Accounted For As Sales Remaining Sold Receivables
TransferOfFinancialAssetsAccountedForAsSalesRemainingSoldReceivables
245000000 usd
saic Transfer Of Financial Assets Account For As Sales Increase Decrease In Cash Flows From Operating Activities
TransferOfFinancialAssetsAccountForAsSalesIncreaseDecreaseInCashFlowsFromOperatingActivities
60000000 usd
CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
0001571123-23-000135-index-headers.html Edgar Link pending
0001571123-23-000135-index.html Edgar Link pending
0001571123-23-000135.txt Edgar Link pending
0001571123-23-000135-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
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report.css Edgar Link pending
saic-20231103.htm Edgar Link pending
saic-20231103.xsd Edgar Link pending
saicexhibit31111032023.htm Edgar Link pending
saicexhibit31211032023.htm Edgar Link pending
saicexhibit32111032023.htm Edgar Link pending
saicexhibit32211032023.htm Edgar Link pending
Show.js Edgar Link pending
saic-20231103_cal.xml Edgar Link unprocessable
saic-20231103_lab.xml Edgar Link unprocessable
saic-20231103_def.xml Edgar Link unprocessable
saic-20231103_pre.xml Edgar Link unprocessable
saic-20231103_htm.xml Edgar Link completed