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VERSAR INC (VSR)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-17Jul-01-16Jun-26-15Jun-27-14Jun-28-13Jun-29-12Jul-01-11Jun-25-10
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Engineering and Construction Management  61.318.722.152.0 69.272.566.5
    Environmental Services  33.338.746.646.8 30.942.021.6
    Professional Services  17.2110.591.111.4 14.913.912.6
    Other  103.4159.1147.393.9 103.4115.685.9
Total revenues  215.2327.0307.2204.2193.3218.4244.1186.7
            Revenue growth   [+]-34.2%6.4%50.4%5.6%-11.5%-10.5%30.8%66.4%
Cost of goods sold  209.3323.8293.4195.7178.098.5228.8180.7
Gross profit  5.93.213.88.515.3119.915.36.0
            Gross margin  2.7%1.0%4.5%4.2%7.9%54.9%6.3%3.2%
Selling, general and administrative  12.913.010.2-195.99.28.18.08.7
EBITDA   [+]-6.4-6.05.41.98.09.88.4-2.3
            EBITDA margin  -3.0%-1.8%1.7%0.9%4.1%4.5%3.4%-1.3%
Depreciation  0.74.11.51.41.21.31.21.2
EBITA  -7.0-10.13.90.56.88.57.2-3.5
            EBITA margin  -3.3%-3.1%1.3%0.3%3.5%3.9%2.9%-1.9%
Amortization of intangibles  1.21.71.10.60.50.30.30.1
EBIT   [+]-8.2-11.82.8-0.16.38.26.9-3.7
            EBIT margin  -3.8%-3.6%0.9%0.0%3.2%3.7%2.8%-2.0%
Non-recurring items   [+] 24.1 1.4    
Interest expense, net   [+]1.40.70.40.10.10.1-0.10.0
Other income (expense), net       -0.7  
Pre-tax income  -9.6-36.62.3-1.66.27.46.9-3.6
Income taxes  -0.11.30.9-1.02.12.92.8-1.3
            Tax rate  0.8% 39.9%66.9%33.5%39.1%40.6%36.5%
Earnings from continuing ops  -9.6-37.91.4-0.54.14.54.1-2.3
Earnings from discontinued ops        -0.7 
Net income  -9.6-37.91.4-0.32.44.23.4-2.3
            Net margin  -4.4%-11.6%0.5%-0.2%1.2%1.9%1.4%-1.2%
   
Basic EPS   [+]($0.96)($3.84)$0.14($0.05)$0.43$0.48$0.44($0.25)
Diluted EPS   [+]($0.96)($3.84)$0.14($0.05)$0.43$0.48$0.44($0.25)
   
Shares outstanding (basic)   [+]10.09.99.89.79.59.49.39.1
Shares outstanding (diluted)   [+]10.09.99.89.79.59.49.39.1
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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