Science Applications International Corporation · NASDAQ:SAIC

Science Applications International — Q3 FY2016 Earnings Presentation

14 slides from Science Applications International's earnings presentation, Dec 2, 2015

  1. Slide 1: Science Applications International Corporation (SAIC) FY16 Third Quarter Earnings Call

    Science Applications International Corporation (SAIC) FY16 Third Quarter Earnings Call December 2, 2015 Supplemental Financial Information © SAIC. All rights reserved.

  2. Slide 2: Conference Call Information

    Conference Call Information Date: December 2, 2015 Time: 8:00 am ET Dial-in Information: 1.877.741.4242 (toll-free U.S.) or 1.719.325.4894 (international/local) Passcode 4473457 Webcast Information: http://investors.saic.com Replay Information: 1.888.203.1112 (toll-free U.S.) or 1.719.457.0820 (inte

  3. Slide 3: Forward-Looking Statements

    Forward-Looking Statements Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “expects,” “intends,” “plans,” “

  4. Slide 4: Third Quarter Fiscal Year 2016 Results

    Third Quarter Fiscal Year 2016 Results (1) (1) ($ in millions; except per share data) FY16 Q3 FY15 Q3 Change Revenue (1) $1,129 $993 14% (-1.9% internal) (2) (3) Adjusted EBITDA $ / % $82 / 7.3% $69 / 6.9% 19% / 40 bps (2) (3) Adjusted Operating Income $ / % $65 / 5.8% $63 / 6.3% 3% / (50 bps) (3) (

  5. Slide 5: YTD Fiscal Year 2016 Results

    YTD Fiscal Year 2016 Results (1) (1) ($ in millions; except per share data) FY16 YTD FY15 YTD Change Revenue (1) $3,216 $2,894 11% (0.3% internal) (2) (3) Adjusted EBITDA $ / % $229 / 7.1% $196 / 6.8% 17% / 30 bps (2) (3) Adjusted Operating Income $ / % $189 / 5.9% $181 / 6.3% 4% / (40 bps) (3) (2)

  6. Slide 6: Capital Deployment

    Capital Deployment Cash From Operations $118M Less Capital Expenditures ($11M) Free Cash Flow (FCF)* $107M $250 $225 $200 $41M $175 Dividends ($M) $150 $125 $100 $157M $75 M&A $50 $25 $- *See Appendix for non-GAAP measures YTD Q3 FY2016** **Third quarter fiscal year 2016 ending October 30, 2015 6 SA

  7. Slide 7: Long Term Financial Targets (on average and over time)

    Long Term Financial Targets (on average and over time) Annual Internal Revenue Growth Low single-digit growth Operating Margin 10 to 20 bps annual improvement Return of capital in excess of operating needs, Maximize cash flow generation, absent expected higher return capital free cash flow to exceed

  8. Slide 8: Appendix

    APPENDIX 8 SAIC.com © SAIC. All rights reserved. | 16-0161-SAIC Communications

  9. Slide 9: Working Days per Quarter

    Working Days per Quarter Q1 Q2 Q3 Q4 Total FY16 64 63 64 60 251 FY15 64 63 64 60 251 9 SAIC.com © SAIC. All rights reserved. | 16-0161-SAIC Communications

  10. Slide 10: Non-GAAP Reconciliation – Internal Revenue Growth

    Non-GAAP Reconciliation – Internal Revenue Growth Three Months Ended Nine Months Ended ($ in millions) October 30, 2015 October 30, 2015 Prior year period's revenues, excluding revenues performed by former parent, as reported $ 993 $ 2,894 Revenues ($ inof acquired businesses for the comparable prio

  11. Slide 11: Non-GAAP Reconciliation – Adjusted EBITDA

    Non-GAAP Reconciliation – Adjusted EBITDA Three Months Ended Three Months Ended Nine Months Ended Nine Months Ended ($ in millions) October 30, 2015 October 31, 2014 October 30, 2015 October 31, 2014 Net Income $ 34 $ 37 $ 89 $ 105 Interest Expense 14 4 31 13 ($ in millions) Provision for income tax

  12. Slide 12: Non-GAAP Reconciliation – Adjusted Operating Income

    Non-GAAP Reconciliation – Adjusted Operating Income Three Months Ended Three Months Ended Nine Months Ended Nine Months Ended ($ in millions) October 30, 2015 October 31, 2014 October 30, 2015 October 31, 2014 Operating Income $ 64 $ 63 $ 173 $ 181 Acquisition and integration costs 1 - 16 - ($ in mi

  13. Slide 13: Non-GAAP Reconciliation – Adjusted Diluted Earnings per Share

    Non-GAAP Reconciliation – Adjusted Diluted Earnings per Share Three Months Ended Three Months Ended Nine Months Ended Nine Months Ended October 30, 2015 October 31, 2014 October 30, 2015 October 31, 2014 ($ in millions) Diluted earnings per share $ 0.72 $ 0.77 $ 1.87 $ 2.15 Acquisiton and integratio

  14. Slide 14: Non-GAAP Reconciliation – Free Cash Flow

    Non-GAAP Reconciliation – Free Cash Flow Three Months Ended Three Months Ended Nine Months Ended Nine Months Ended ($ in millions) October 30, 2015 October 31, 2014 October 30, 2015 October 31, 2014 Total($cashinflows provided by operating activities, as reported $ millions) 68 $ 82 $ 118 $ 181 Expe

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