In millions, except per share items | Dec-31-22 | Jan-01-22 | Jan-02-21 | Dec-28-19 | Dec-29-18 | Dec-30-17 | Dec-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
UNITED STATES | 754.5 | 684.8 | 647.3 | 502.4 | 405.4 | | | |
Cost-Reimbursable Contracts | 693.4 | 637.3 | 609.3 | 457.5 | 383.1 | | | |
Public and Quasi-Public Sector | 503.3 | 458.3 | 448.9 | 338.5 | 278.8 | | | |
INF | 395.9 | 383.7 | 353.0 | 331.2 | 254.7 | 185.2 | 159.5 | 133.9 |
Other | | | | | | 147.8 | 64.4 | 20.7 |
Total revenues | 343.5 | 309.6 | 297.1 | 158.8 | 418.1 | 333.0 | 223.9 | 154.7 |
Revenue growth [+] | 11.0% | 4.2% | 87.1% | -62.0% | 25.5% | 48.7% | 44.8% | 42.7% |
UNITED STATES | 10.2% | 5.8% | 28.8% | 23.9% | | | | |
Cost-Reimbursable Contracts | 8.8% | 4.6% | 33.2% | 19.4% | | | | |
Public and Quasi-Public Sector | 9.8% | 2.1% | 32.6% | 21.4% | | | | |
INF | 3.2% | 8.7% | 6.6% | 30.0% | 37.5% | 16.1% | 19.1% | 36.2% |
BTS | 25.0% | 18.1% | -11.4% | 8.8% | 7.3% | 120.0% | 214.9% | |
Cost of goods sold [+] | 400.8 | 347.4 | 324.8 | 263.6 | 216.7 | 180.4 | 116.3 | 150.4 |
Labor costs | | | | | | | | 53.7 |
Lease costs | | | | | | 12.6 | | |
Direct costs | | | | | | 167.8 | | 85.9 |
Gross profit | -57.3 | -37.8 | -27.6 | -104.8 | 201.4 | 152.7 | 107.6 | 4.3 |
Gross margin | -16.7% | -12.2% | -9.3% | -66.0% | 48.2% | 45.8% | 48.0% | 2.8% |
Selling, general and administrative [+] | 66.1 | 54.0 | 50.2 | 42.7 | 31.7 | 26.7 | 89.2 | 55.1 |
General and administrative [+] | 66.1 | 54.0 | 50.2 | 42.7 | 31.7 | 26.7 | | |
General and administrative expenses | 66.1 | 54.0 | 50.2 | 42.7 | 31.7 | 26.7 | | |
Other operating expenses | -228.5 | -200.1 | -164.1 | -204.4 | 116.6 | 86.2 | | |
EBITDA [+] | 110.2 | 113.3 | 89.6 | 57.0 | 53.1 | 39.7 | 24.6 | -47.3 |
EBITDA growth | -2.7% | 26.4% | 57.2% | 7.5% | 33.7% | 61.2% | -152.1% | -550.4% |
EBITDA margin | 32.1% | 36.6% | 30.2% | 35.9% | 12.7% | 11.9% | 11.0% | -30.6% |
Depreciation | 11.7 | 11.5 | 10.9 | 5.3 | 4.3 | 2.8 | 1.7 | 0.8 |
EBITA | 98.5 | 101.8 | 78.7 | 51.7 | 48.7 | 36.9 | 23.0 | -48.2 |
EBITA margin | 28.7% | 32.9% | 26.5% | 32.6% | 11.7% | 11.1% | 10.3% | -31.1% |
Amortization of intangibles | 32.3 | 33.5 | 34.6 | 20.5 | 13.1 | 10.3 | 4.5 | 2.6 |
EBIT [+] | 66.2 | 68.3 | 44.1 | 31.2 | 35.7 | 26.6 | 18.4 | -50.8 |
EBIT growth | -3.2% | 54.8% | 41.5% | -12.5% | 34.3% | 44.4% | -136.2% | -696.3% |
EBIT margin | 19.3% | 22.1% | 14.9% | 19.7% | 8.5% | 8.0% | 8.2% | -32.8% |
Interest expense | 3.8 | 6.2 | 15.2 | 2.3 | 2.0 | 1.9 | | |
Interest expense | 3.8 | 6.2 | 15.2 | 2.3 | 2.0 | 1.9 | 0.3 | 0.2 |
Other income (expense), net | | | | | | | | 64.5 |
Pre-tax income | 62.4 | 62.1 | 29.0 | 28.9 | 33.7 | 24.6 | 18.1 | 13.5 |
Income taxes | 12.4 | 15.0 | 8.0 | 5.2 | 6.9 | 0.6 | 6.5 | 5.0 |
Tax rate | 19.9% | 24.1% | 27.4% | 17.9% | 20.4% | 2.5% | 36.0% | 37.0% |
Net income | 50.0 | 47.1 | 21.0 | 23.8 | 26.9 | 24.0 | 0.0 | 0.0 |
Net margin | 14.5% | 15.2% | 7.1% | 15.0% | 6.4% | 7.2% | 0.0% | 0.0% |
|
Basic EPS [+] | $3.39 | $3.34 | $1.70 | $1.96 | $2.44 | $2.36 | $0.00 | $0.00 |
Growth | 1.6% | 96.2% | -13.3% | -19.8% | 3.6% | | | -100.0% |
Diluted EPS [+] | $3.27 | $3.22 | $1.65 | $1.90 | $2.33 | $2.23 | $0.00 | $0.00 |
Growth | 1.8% | 94.6% | -12.9% | -18.7% | 4.8% | | | -100.0% |
|
Shares outstanding (basic) [+] | 14.8 | 14.1 | 12.4 | 12.1 | 11.0 | 10.2 | 9.1 | 6.8 |
Growth | 4.4% | 14.3% | 2.0% | 10.2% | 8.0% | 11.5% | 34.7% | 32.8% |
Shares outstanding (diluted) [+] | 15.3 | 14.7 | 12.7 | 12.5 | 11.5 | 10.8 | 9.5 | 7.2 |
Growth | 4.1% | 15.3% | 1.6% | 8.7% | 6.8% | 13.0% | 32.2% | 29.0% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |