Leidos Holdings, Inc. LDOS Income Statement

Leidos holdings, inc. (LDOS)

Income statement / Quarterly

Apr'20	Jan'20	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Jan'16	Sep'15	Jun'15	Mar'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10	Oct'09	Jul'09
Revenues
2,889	2,954	2,835	2,728	2,577	2,647	2,575	2,529	2,443	2,516	2,503	2,571	2,580	2,575	1,868	1,288	1,312	907	1,302	1,257	1,246	796	1,276	1,306	1,312	1,287	1,414	1,457	1,597	-814	1,673	2,826	2,764	-2,238	2,790	2,596	2,688	2,601	2,821	2,749	2,627	2,765	2,749
Cost of revenues
2,494	2,527	2,450	2,348	2,221	2,278	2,174	2,152	2,086	2,179	2,136	2,190	2,233	2,178	1,630	1,141	1,154	802	1,138	1,113	1,093	694	1,115	1,119	1,141	1,103	1,219	1,293	1,377	-804	1,434	2,485	2,433	-1,741	2,477	2,258	2,357	2,273	2,445	2,351	2,305	2,378	2,369
Selling, general and administrative expenses
197	171	177	175	166	183	194	174	178	176	194	186	181	218	88	56	60	22	53	51	75	37	72	87	84	94	113	105	128	53	139	152	123	-20	333	129	101	129	124	126	116	154	159
Acquisition, integration and restructuring costs
12	-	-	-	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bad debt expense and recoveries
-	-	-35	-	-	-	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Integration and restructuring costs
-	-	0	1	-	-	7	8	11	-	27	22	19	-	44	15	9	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for Doubtful Accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	-	-	-	0	-	-	-	43	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill impairment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	486	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset impairment charges
-	-	0	0	-	0	0	0	7	0	0	0	0	-	-	-	-	-40	4	29	40	0	17	24	0	0	19	30	2	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring expenses
-	-	-	-	-	-	-	-	6	-	-	-	13	-	5	1	0	-	0	-	-	-	-	-	-	7	25	19	14	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Equity earnings of non-consolidated subsidiaries
6	2	6	6	4	6	4	4	4	8	5	-7	7	10	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
192	261	249	210	192	188	203	199	159	101	151	166	141	152	101	75	89	124	94	64	38	60	72	-410	87	82	-5	10	76	-76	100	189	208	-477	-20	209	230	199	252	272	206	233	221
Non-operating (expense) income:
Interest expense, net
-48	-34	-28	-33	-38	-34	-35	-35	-34	-35	-35	-34	-36	-143	28	15	14	66	15	-14	-14	128	-18	-19	-20	23	21	18	20	20	20	24	29	29	29	28	28	23	19	19	18	19	19
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	2	3	-	1	-	-	-	-	-	-	0	5	6	4	4	1	2	2	2	2	0	1	-	-	1	-	1	-
Other (expense) income, net
-14	0	-7	2	92	-4	2	1	0	-32	0	3	3	-10	-1	-2	0	83	0	2	-1	4	0	-1	2	-11	2	0	1	0	2	4	2	2	-2	1	4	-	7	-2	-	2	-
Income before income taxes
130	227	214	179	246	150	170	165	125	34	116	135	108	105	75	60	78	200	80	52	23	51	54	-430	69	48	-19	-2	61	-92	83	171	183	-502	-49	182	207	174	240	252	188	217	202
Income tax expense
15	46	52	41	57	-38	23	20	23	-79	37	37	34	45	-17	19	25	66	31	15	0	18	16	9	24	0	-11	-6	21	-135	28	63	66	-117	43	70	77	59	89	95	64	82	77
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	134	49	37	23	33	38	-439	45	48	-8	4	40	-	55	108	-	-385	-92	112	130	115	151	157	124	135	125
Discontinued operations:
Loss from discontinued operations before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	-1	2	-13	-5	19	60	66	-	94	2	-	365	4	115	2	-	33	54	-	-1	-3
Income tax benefit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-18	-2	3	1	-5	-1	14	22	25	-	37	-	-	141	1	49	1	4	11	21	-1	-1	-1
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-19	0	0	18	0	-4	1	-8	-4	5	38	41	-	57	2	-	224	3	66	1	16	22	33	1	0	-2
Net income
-	-	162	138	-	188	147	145	102	113	79	98	74	60	92	41	53	-	49	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: net income (loss) attributable to non-controlling interest
-	-	1	2	-	0	0	1	0	-1	-3	0	2	1	1	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to Leidos common stockholders
115	181	161	136	189	188	147	144	102	114	82	98	72	59	91	41	53	115	49	37	41	33	34	-438	37	44	-3	42	81	186	112	110	117	-161	-89	178	131	131	173	190	125	135	123
Earnings per share:
Basic:
Income from continuing operations attributable to Leidos common stockholders (usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.82	0.68	0.51	0.32	0.47	0.52	-5.93	0.58	0.60	-0.10	0.05	0.43	-	0.66	0.32	-	-3.20	-0.28	0.32	0.36	0.31	0.41	0.42	0.32	0.34	0.32
Discontinued operations, net of taxes (usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.25	0.00	0.00	0.24	-0.01	-0.05	0.01	-0.10	-0.04	0.06	0.45	0.49	-	0.66	-	-	3.27	0.01	0.19	0.01	-	0.06	0.08	-	0.00	-0.01
Basic (dollars per share)
0.81	1.29	1.13	0.94	1.30	1.26	0.97	0.95	0.67	0.74	0.54	0.65	0.48	0.28	0.81	0.56	0.74	1.57	0.68	0.51	0.56	0.46	0.47	-5.92	0.48	0.56	-0.04	0.50	0.92	4.20	1.32	0.32	0.35	0.07	-0.27	0.51	0.37	0.36	0.47	0.50	0.32	0.34	0.31
Diluted:
Income from continuing operations attributable to Leidos common stockholders (usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.80	0.67	0.50	0.31	0.49	0.51	-5.93	0.57	0.60	-0.10	0.05	0.43	-	0.66	0.32	-	-3.20	-0.28	0.32	0.36	0.30	0.41	0.42	0.32	0.34	0.31
Discontinued operations, net of taxes (usd per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.25	0.00	0.00	0.24	-0.01	-0.05	0.01	-0.10	-0.04	0.06	0.45	0.49	-	0.66	-	-	3.29	0.01	0.18	0.00	0.06	0.05	0.08	0.00	0.00	-
Diluted (dollars per share)
0.80	1.27	1.11	0.93	1.29	1.24	0.96	0.94	0.66	0.74	0.53	0.64	0.47	0.28	0.80	0.55	0.72	1.55	0.67	0.50	0.55	0.48	0.46	-5.92	0.47	0.56	-0.04	0.50	0.92	4.20	1.32	0.32	0.35	0.09	-0.27	0.50	0.36	0.36	0.46	0.50	0.32	0.34	0.31
Weighted average number of common shares outstanding:
Basic (shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	72	73	73	-	73	74	77	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	73	74	75	-	74	74	78	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends declared per share (dollars per share)
-	-	-	-	-	-	-	-	0.32	-	0.32	0.32	0.32	-	13.96	0.32	0.32	-	0.32	0.32	0.32	-	0.32	0.32	0.32	-	0.32	0.48	4.48	-	0.48	0.12	0.12	-	-	-	-	-	-	-	-	-	-