Leidos Holdings, Inc. Reports Fourth Quarter and Fiscal Year 2017 Results

 

 

LEIDOS HOLDINGS, INC.
UNAUDITED SEGMENT OPERATING RESULTS
(in millions)

During the first quarter of fiscal 2017, the Company completed its business reorganization, which resulted in identification of three reportable segments - Defense Solutions, Civil and Health. Additionally, the Company separately presents the costs associated with corporate functions as Corporate. The Company commenced operating and reporting under the new organizational structure effective the beginning of fiscal year 2017. As a result of this change, prior year segment results and disclosures have been recast to reflect the new reportable segments.

The segment information for the periods presented was as follows:



Three Months Ended


Twelve Months Ended



December 29,
 2017


December 30,
 2016


Dollar
change


Percent
change


December 29,
 2017


December 30,
 2016


Dollar
change


Percent
change

Revenues:

















Defense Solutions


$

1,221



$

1,269



$

(48)



(3.8)

%


$

4,959



$

3,843



$

1,116



29.0

%

Civil


854



862



(8)



(0.9)

%


3,409



2,082



1,327



63.7

%

Health


441



443



(2)



(0.5)

%


1,802



1,117



685



61.3

%

Corporate




1



(1)



NM




1



(1)



NM

Total


$

2,516



$

2,575



$

(59)



(2.3)

%


$

10,170



$

7,043



$

3,127



44.4

%


















Operating income
(loss):

















Defense Solutions


$

85



$

88



$

(3)



(3.4)

%


$

307



$

312



$

(5)



(1.6)

%

Civil


56



66



(10)



(15.2)

%


226



146



80



54.8

%

Health


44



48



(4)



(8.3)

%


228



110



118



107.3

%

Corporate


(84)



(50)



(34)



68.0

%


(202)



(151)



(51)



33.8

%

Total


$

101



$

152



$

(51)



(33.6)

%


$

559



$

417



$

142



34.1

%


















Operating income
margin:

















Defense Solutions


7.0

%


6.9

%






6.2

%


8.1

%





Civil


6.6

%


7.7

%






6.6

%


7.0

%





Health


10.0

%


10.8

%






12.7

%


9.8

%





Total


4.0

%


5.9

%






5.5

%


5.9

%






NM - Not Meaningful


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17  Next Page »



Review Article Be the first to review this article


Featured Video
Latest Blog Posts
Alex Carrick, Chief Economist at ConstructConnectThe AEC Lens
by Alex Carrick, Chief Economist at ConstructConnect
October’s Nonresidential Construction Starts -28% Ytd, but Level M/M
Jobs
BIM Designer – Revit for Schneider Electric at Smyrna, Tennessee
BIM Modeler for Woolpert at Oakbrook Terrace, Illinois
GIS Analyst for Iberdrola at Augusta, Maine
Product Design Engineer - Testing Methods for Apple Inc at Cupertino, California
GIS Analyst for City of Shreveport at Shreveport, Louisiana
Upcoming Events
Architecture, Engineering, and Technology (AET) - 4th Edition at Online Conference Egypt - Jan 11 - 13, 2021
Architecture, Engineering, and Technology (AET) Conference at Online event Alexandria Egypt - Jan 11 - 13, 2021
DCW - Digital Construction Week at Excel London United Kingdom - May 19 - 20, 2021
Kenesto: 30 day trial
Digital Cities
CADalog.com - Countless CAD add-ons, plug-ins and more.



© 2020 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise