CACI International Inc. Files Q1 2024 10-Q Report
Ticker: CACI · Form: 10-Q · Filed: Oct 24, 2024 · CIK: 16058
| Field | Detail |
|---|---|
| Company | Caci International Inc /De/ (CACI) |
| Form Type | 10-Q |
| Filed Date | Oct 24, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.10 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, quarterly-report, financials
TL;DR
CACI Q1 24 10-Q filed. Financials out.
AI Summary
CACI International Inc. reported its first quarter results for the period ending September 30, 2024. The company's financial performance for this quarter is detailed in the 10-Q filing. Specific financial figures and operational highlights for the quarter are available within the document.
Why It Matters
This filing provides investors and analysts with the latest financial performance data for CACI International Inc., crucial for understanding the company's current health and future prospects.
Risk Assessment
Risk Level: low — This is a routine quarterly financial filing with no immediate red flags.
Key Numbers
- Q1 2024 — Reporting Period (First quarter of fiscal year 2024)
- 2024-09-30 — End Date (End of the reporting quarter)
- 2023-09-30 — Prior Year Q1 End Date (End of the prior year's first quarter for comparison)
Key Players & Entities
- CACI INTERNATIONAL INC /DE/ (company) — Filer
- 0000016058-24-000199 (filing_id) — Accession Number
- 20240930 (date) — Conformed Period of Report
- 20241024 (date) — Filed as of Date
- RESTON, VA (location) — Business Address
FAQ
What is the reporting period for this 10-Q filing?
The conformed period of report is 20240930, indicating the first quarter of fiscal year 2024.
When was this 10-Q filing submitted?
The filing was submitted on 20241024.
What is the company's primary business address?
The company's business address is Two Reston Overlook, 12021 Sunset Hills Road, Reston, VA 20190.
What is CACI International Inc.'s Central Index Key (CIK)?
CACI International Inc.'s Central Index Key is 0000016058.
What is the Standard Industrial Classification (SIC) code for CACI International Inc.?
The SIC code is 7373, which corresponds to SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN.
Filing Stats: 4,520 words · 18 min read · ~15 pages · Grade level 16.5 · Accepted 2024-10-24 13:07:41
Key Financial Figures
- $0.10 — rnational Inc's common stock, par value $0.10 per share. CACI INTERNATIONAL INC P
Filing Documents
- caci-20240930.htm (10-Q) — 794KB
- ex101commitmentletter.htm (EX-10.1) — 212KB
- caci-20240930xex311.htm (EX-31.1) — 9KB
- caci-20240930xex312.htm (EX-31.2) — 10KB
- caci-20240930xex321.htm (EX-32.1) — 4KB
- caci-20240930xex322.htm (EX-32.2) — 4KB
- 0000016058-24-000199.txt ( ) — 5118KB
- caci-20240930.xsd (EX-101.SCH) — 32KB
- caci-20240930_cal.xml (EX-101.CAL) — 54KB
- caci-20240930_def.xml (EX-101.DEF) — 115KB
- caci-20240930_lab.xml (EX-101.LAB) — 471KB
- caci-20240930_pre.xml (EX-101.PRE) — 304KB
- caci-20240930_htm.xml (XML) — 622KB
Financial Statements (Unaudited)
Financial Statements (Unaudited) Condensed Consolidated Statements of Operations 3 Condensed Consolidated Statements of Comprehensive Income 4 Condensed Consolidated Balance Sheets 5 Condensed Consolidated Statements of Cash Flows 6 Condensed Consolidated Statements of Shareholders' Equity 7 Notes to Condensed Consolidated Financial Statements 8 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 15 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 19 Item 4.
Controls and Procedures
Controls and Procedures 19 PART II: OTHER INFORMATION 21 Item 1.
Legal Proceedings
Legal Proceedings 21 Item 1A.
Risk Factors
Risk Factors 23 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 23 Item 3. Defaults Upon Senior Securities 23 Item 4. Mine Safety Disclosures 23 Item 5. Other Information 23 Item 6. Exhibits 24
Signatures
Signatures 25 2 PART I FINANCIAL INFORMATION
Financial Statements (Unaudited)
Item 1. Financial Statements (Unaudited) CACI INTERNATIONAL INC CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share data) Three Months Ended September 30, 2024 2023 Revenues $ 2,056,889 $ 1,850,147 Costs of revenues: Direct costs 1,414,424 1,272,918 Indirect costs and selling expenses 427,946 404,633 Depreciation and amortization 34,678 35,247 Total costs of revenues 1,877,048 1,712,798 Income from operations 179,841 137,349 Interest expense and other, net 23,970 25,571 Income before income taxes 155,871 111,778 Income taxes 35,694 25,731 Net income $ 120,177 $ 86,047 Basic earnings per share $ 5.39 $ 3.80 Diluted earnings per share $ 5.33 $ 3.76 Weighted-average basic shares outstanding 22,304 22,647 Weighted-average diluted shares outstanding 22,539 22,894 See Notes to Unaudited Condensed Consolidated Financial Statements 3 CACI INTERNATIONAL INC CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (in thousands) Three Months Ended September 30, 2024 2023 Net income $ 120,177 $ 86,047 Other comprehensive income (loss): Foreign currency translation adjustment 16,170 ( 9,201 ) Change in fair value of interest rate swap agreements, net of tax ( 17,676 ) 5,432 Total other comprehensive loss, net of tax ( 1,506 ) ( 3,769 ) Comprehensive income $ 118,671 $ 82,278 See Notes to Unaudited Condensed Consolidated Financial Statements 4 CACI INTERNATIONAL INC CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands, except per share data) September 30, 2024 June 30, 2024 ASSETS Current assets: Cash and cash equivalents $ 440,706 $ 133,961 Accounts receivable, net 1,069,611 1,031,311 Prepaid expenses and other current assets 236,781 209,257 Total current assets 1,747,098 1,374,529 Goodwill 4,166,015 4,154,844 Intangible assets, net 457,087 474,354 Property, plant and equipment, net 191,379 195,443 Operating lease right-of-use assets 339,748 305,637 Supplemental retirement savings plan assets