Caci International, Inc. · NYSE:CACI
Caci International — Q3 FY2014 Earnings Presentation
12 slides from Caci International's earnings presentation, May 1, 2014
Slide 1: CACI International Inc Third Quarter Fiscal Year 2014
CACI International Inc Third Quarter Fiscal Year 2014 May 1, 2014 INFORMATION DEPLOYED. SOLUTIONS ADVANCED. MISSIONS ACCOMPLISHED.
Slide 2: Forward-looking Statements
Forward-looking Statements There are statements made herein which do not address historical facts and, therefore, could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could c
Slide 3: Our Participants Today
Our Participants Today Ken Asbury President and Chief Executive Officer Tom Mutryn Chief Financial Officer John Mengucci Chief Operating Officer and President, U.S. Operations Greg Bradford Chief Executive Officer, CACI Limited in the UK INFORMATION DEPLOYED. SOLUTIONS ADVANCED. MISSIONS ACCOMPLISHE
Slide 4: Solid Third Quarter Results
Solid Third Quarter Results In line with expectations Reiterating guidance Generated strong cash flow Delivered excellent program performance Solid contract awards and funding orders Six3 Systems continues to perform to our expectations 4 | CACI 3rd Quarter Fiscal Year 2014 Conference Call | May 1,
Slide 5: CEO Overview
CEO Overview Little change in market conditions Global instabilities compounding the work of our Defense and Intelligence Community customers US Government will continue to depend on the range of solutions and services CACI provides to support their missions CACI is capturing more business in this c
Slide 6: Third Quarter Results
Third Quarter Results Revenue Net Income $1,000M $45M $906.2 $900.4 $40M $38.4 $900M $35M $800M $30.8 $30M $700M $25M $20M $600M $15M $500M $10M Q3 `13 Q3 `14 Q3 `13 Q3 `14 Decrease driven primarily by: Indirect expenses up due to full • Reductions on existing quarter of Six3 indirect expenses contr
Slide 7: Payoff of Convertible Notes
Payoff of Convertible Notes Paying $300 million of principal plus accrued interest to note holders on May 1, 2014 Issuing approximately 1.43 million shares to satisfy conversion feature of notes Bond hedge will offset 1.43 million shares issued Diluted share count exiting FY14 will be approximately
Slide 8: Third Quarter Cash Flow
Third Quarter Cash Flow Generated $102 million in operating cash flow Days sales outstanding – 62 days TTM Free Cash Flow Per $400 Share (right scale) $12.00 $350 $10.00 $300 $ millions (except per share data) $250 $8.00 $200 $6.00 $150 $4.00 $100 TTM Free Cash Flow (left scale) $2.00 $50 $0 $- 12.8
Slide 9: Reiterating FY14 Guidance
Reiterating FY14 Guidance FY14 Guidance Revenue (millions) $3,500 – $3,600 Net income (millions) $130 – $140 Diluted EPS $5.12 – $5.51 Diluted shares (millions) 25.4 FY14 revenue expected to be -2% to -5% versus FY13 Six3 FY14 revenue contribution of $275 million to $325 million FY14 net income expe
Slide 10: Solid Third Quarter Operational Results
Solid Third Quarter Operational Results $700 million in contract awards in the quarter • 27% from new business wins • One-third from high-growth markets $794 million in contract funding orders Funded backlog of $1.6 billion Total backlog of $7.3 billion 10 | CACI 3rd Quarter Fiscal Year 2014 Confere
Slide 11: Solid Third Quarter Operational Results
Solid Third Quarter Operational Results 100% of planned FY14 revenue is currently funded Pending contract awards of approximately $7.3 billion, 75% for new business Plan to bid $9.3 billion in qualified opportunities in next six months, 80% for new business Focus on business development and the inte
Slide 12: CACI Well-positioned
CACI Well-positioned Three-part strategy showing results • Strong contract awards • Strong cash flow • Successful integration of Six3 Systems Ranked #3 in the nation by Military Times in “Best for Vets” survey Building on the fundamentals of our business for long-term shareholder value 12 | CACI 3rd