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Income Statement
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Common Size IS
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SRA INTERNATIONAL, INC. (SRX)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-15Jun-30-14Jun-30-13Jun-30-12Jul-20-11Jun-30-11Jun-30-10Jun-30-09
   10-K10-K10-K10-K/A10-K10-K/A10-K/A10-K
Total revenues  1,389.21,386.41,507.70.099.30.00.01,540.6
            Revenue growth  0.2%-8.0%    -100.0%2.2%
Cost of goods sold  1,059.31,060.41,140.00.078.60.00.01,152.5
Gross profit  329.9326.0367.70.020.80.00.0388.1
            Gross margin  23.7%23.5%24.4% 20.9%  25.2%
Selling, general and administrative  175.5181.9198.3 13.7  259.3
EBITDA   [+]160.9159.9174.5 7.117.216.7130.8
            EBITDA margin  11.6%11.5%11.6% 7.2%  8.5%
Depreciation  9.210.713.5 0.917.216.728.9
EBITA  151.8149.2161.00.06.20.00.0101.9
            EBITA margin  10.9%10.8%10.7% 6.2%  6.6%
Amortization of intangibles  58.572.788.1 0.4   
EBIT   [+]93.376.572.80.05.80.00.0101.9
            EBIT margin  6.7%5.5%4.8% 5.8%  6.6%
Non-recurring items   [+]5.512.8349.6 68.1  2.0
Interest expense, net   [+]106.8104.1100.7 0.0  3.2
Pre-tax income  -19.0-40.4-377.50.0-62.30.00.096.6
Income taxes  -7.1-16.3-60.20.0-18.50.00.038.6
            Tax rate  37.2%40.3%15.9% 29.6%  40.0%
Earnings from continuing ops  -11.9-24.2-317.3 -43.9  58.0
Earnings from discontinued ops      -1.1   
Net income  -11.9-24.2-317.30.0-45.00.00.058.0
            Net margin  -0.9%-1.7%-21.0% -45.3%  3.8%
   
Basic EPS   [+]      $0.00$1.02
Diluted EPS   [+]      $0.00$1.01
   
Shares outstanding (basic)   [+]      57.556.9
Shares outstanding (diluted)   [+]      57.557.4
   
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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