SEC Filings

8-K
AECOM filed this Form 8-K on 02/05/2019
Entire Document
 

 

AECOM

Consolidated Statement of Income

(unaudited - in thousands, except per share data)

 

 

 

Three Months Ended

 

 

 

December 31, 2017

 

December 31, 2018

 

% Change

 

 

 

 

 

 

 

 

 

Revenue

 

$

4,910,832

 

$

5,037,495

 

2.6

%

Cost of revenue

 

4,774,680

 

4,866,882

 

1.9

%

Gross profit

 

136,152

 

170,613

 

25.3

%

 

 

 

 

 

 

 

 

Equity in earnings of joint ventures

 

29,720

 

12,504

 

(57.9

)%

General and administrative expenses

 

(34,670

)

(35,907

)

3.6

%

Restructuring costs

 

 

(63,295

)

0.0

%

Income from operations

 

131,202

 

83,915

 

(36.0

)%

 

 

 

 

 

 

 

 

Other income

 

2,283

 

3,597

 

57.6

%

Interest expense

 

(56,165

)

(56,026

)

(0.2

)%

Income before income tax benefit

 

77,320

 

31,486

 

(59.3

)%

 

 

 

 

 

 

 

 

Income tax benefit

 

(47,093

)

(33,600

)

(28.7

)%

 

 

 

 

 

 

 

 

Net income

 

124,413

 

65,086

 

(47.7

)%

 

 

 

 

 

 

 

 

Noncontrolling interest in income of consolidated subsidiaries, net of tax

 

(13,099

)

(13,567

)

3.6

%

Net income attributable to AECOM

 

$

111,314

 

$

51,519

 

(53.7

)%

 

 

 

 

 

 

 

 

Net income attributable to AECOM per share:

 

 

 

 

 

 

 

Basic

 

$

0.70

 

$

0.33

 

(52.9

)%

Diluted

 

$

0.69

 

$

0.32

 

(53.6

)%

 

 

 

 

 

 

 

 

Weighted average shares outstanding:

 

 

 

 

 

 

 

Basic

 

157,909

 

156,416

 

(0.9

)%

Diluted

 

161,847

 

159,603

 

(1.4

)%

 

AECOM

Balance Sheet and Cash Flow Information

(unaudited - in thousands)

 

 

 

September 30, 2018

 

December 31, 2018

 

Balance Sheet Information:

 

 

 

 

 

Total cash and cash equivalents

 

$

886,733

 

$

838,302

 

Accounts receivable and contract assets — net

 

5,468,821

 

5,545,622

 

Working capital

 

997,645

 

1,208,837

 

Total debt, excluding unamortized debt issuance costs

 

3,673,463

 

3,964,541

 

Total assets

 

14,681,131

 

14,767,650

 

Total AECOM stockholders’ equity

 

4,092,780

 

4,077,800

 

 

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