10-Q Filing

BOOZ ALLEN HAMILTON HOLDING CORP CIK: 1443646 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001443646-15-000058`
Period End Date	20150630
Filing Date	20150729
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	bah-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 55 Income Statement 30 Cash Flow Statement 68 Comprehensive Income 6

Balance Sheet 55 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$207.22M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$259.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$319.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$151.48M	USD	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$867.44M	USD	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$857.31M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$110.00M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	4.36M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$98.68M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	3.00M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	609,625.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.16B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.13B	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$111.88M	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$111.37M	USD	Point-in-time
Intangible assets, net of accumulated amortization	`IntangibleAssetsNetExcludingGoodwill`	$219.38M	USD	Point-in-time
Intangible assets, net of accumulated amortization	`IntangibleAssetsNetExcludingGoodwill`	$216.70M	USD	Point-in-time
Goodwill	`Goodwill`	$1.30B	USD	Point-in-time
Goodwill	`Goodwill`	$1.30B	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$79.31M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$91.85M	USD	Point-in-time
Total assets	`Assets`	$2.88B	USD	Point-in-time
Total assets	`Assets`	$2.85B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$57.06M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$62.25M	USD	Point-in-time
Accounts payable and other accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$457.76M	USD	Point-in-time
Accounts payable and other accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$481.81M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$236.33M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$279.24M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$60.04M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$30.88M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$816.38M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$848.99M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$1.55B	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$1.57B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$272.73M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$274.66M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.65B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.69B	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Treasury stock, at cost 4,359,956 shares at June 30, 2015 and 2,999,393 shares at March 31, 2015	`TreasuryStockValue`	$106.89M	USD	Point-in-time
Treasury stock, at cost 4,359,956 shares at June 30, 2015 and 2,999,393 shares at March 31, 2015	`TreasuryStockValue`	$72.29M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$184.96M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$174.99M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$104.46M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$149.71M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-22.16M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-21.64M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.55M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.64M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$207.65M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$186.50M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.85B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.88B	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueServicesNet`	$1.35B	USD	1 Quarter
Revenue	`SalesRevenueServicesNet`	$1.32B	USD	1 Quarter
Cost of revenue	`CostOfServicesDirectLaborEmployeeBenefitsAndOverhead`	$643.03M	USD	1 Quarter
Cost of revenue	`CostOfServicesDirectLaborEmployeeBenefitsAndOverhead`	$645.00M	USD	1 Quarter
Billable expenses	`BillableExpenses`	$378.65M	USD	1 Quarter
Billable expenses	`BillableExpenses`	$350.97M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$188.66M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$171.07M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.23M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$15.12M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$1.18B	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$1.23B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$126.14M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$139.02M	USD	1 Quarter
Interest expense	`InterestExpense`	$18.86M	USD	1 Quarter
Interest expense	`InterestExpense`	$17.49M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-68.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-1.11M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$119.05M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$108.59M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$47.93M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$44.28M	USD	1 Quarter
Net income	`NetIncomeLoss`	$64.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$71.11M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.44	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.49	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.43	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.47	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.13	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.11	USD	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$64.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$71.11M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.23M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$15.12M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$6.26M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$6.06M	USD	1 Quarter
Excess tax benefits from the exercise of stock options	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.66M	USD	1 Quarter
Excess tax benefits from the exercise of stock options	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$3.67M	USD	1 Quarter
Amortization of debt issuance costs and loss on extinguishment	`AmortizationOfFinancingCostsAndDiscounts`	$5.38M	USD	1 Quarter
Amortization of debt issuance costs and loss on extinguishment	`AmortizationOfFinancingCostsAndDiscounts`	$2.07M	USD	1 Quarter
Losses on dispositions and impairments	`LossesonDispositionofPropertyandIntangibleImpairment`	$345.00K	USD	1 Quarter
Losses on dispositions and impairments	`LossesonDispositionofPropertyandIntangibleImpairment`	$29.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-19.20M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$10.13M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.52M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$11.02M	USD	1 Quarter
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$13.84M	USD	1 Quarter
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-7.48M	USD	1 Quarter
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-41.53M	USD	1 Quarter
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-48.87M	USD	1 Quarter
Accounts payable and other accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-24.16M	USD	1 Quarter
Accounts payable and other accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-16.38M	USD	1 Quarter
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$2.12M	USD	1 Quarter
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$7.95M	USD	1 Quarter
Other current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$30.82M	USD	1 Quarter
Other current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$31.97M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$2.73M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-2.58M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$91.73M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$19.10M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.14M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.65M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.14M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.65M	USD	1 Quarter
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.28M	USD	1 Quarter
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.38M	USD	1 Quarter
Stock option exercises	`ProceedsFromStockOptionsExercised`	$1.21M	USD	1 Quarter
Stock option exercises	`ProceedsFromStockOptionsExercised`	$871.00K	USD	1 Quarter
Excess tax benefits from the exercise of stock options	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.66M	USD	1 Quarter
Excess tax benefits from the exercise of stock options	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$3.67M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$34.60M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$4.63M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividends`	$16.05M	USD	1 Quarter
Cash dividends paid	`PaymentsOfDividends`	$19.05M	USD	1 Quarter
Dividend equivalents paid to option holders	`PaymentsOfCapitalDistribution`	$4.47M	USD	1 Quarter
Dividend equivalents paid to option holders	`PaymentsOfCapitalDistribution`	$3.59M	USD	1 Quarter
Debt issuance costs	`PaymentsOfFinancingCosts`	$8.61M	USD	1 Quarter
Debt issuance costs	`PaymentsOfFinancingCosts`	-	USD	1 Quarter
Repayment of debt	`RepaymentsOfDebt`	$168.44M	USD	1 Quarter
Repayment of debt	`RepaymentsOfDebt`	$10.38M	USD	1 Quarter
Proceeds from debt issuance	`ProceedsFromIssuanceOfLongTermDebt`	$168.44M	USD	1 Quarter
Proceeds from debt issuance	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-61.70M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-29.62M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$59.45M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-55.74M	USD	1 Quarter
Cash and cash equivalents-beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$207.22M	USD	Point-in-time
Cash and cash equivalents-beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$259.99M	USD	Point-in-time
Cash and cash equivalents-beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$319.45M	USD	Point-in-time
Cash and cash equivalents-beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$151.48M	USD	Point-in-time
Cash and cash equivalents-end of period	`CashAndCashEquivalentsAtCarryingValue`	$207.22M	USD	Point-in-time
Cash and cash equivalents-end of period	`CashAndCashEquivalentsAtCarryingValue`	$259.99M	USD	Point-in-time
Cash and cash equivalents-end of period	`CashAndCashEquivalentsAtCarryingValue`	$319.45M	USD	Point-in-time
Cash and cash equivalents-end of period	`CashAndCashEquivalentsAtCarryingValue`	$151.48M	USD	Point-in-time
Interest	`InterestPaid`	$8.74M	USD	1 Quarter
Interest	`InterestPaid`	$13.29M	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	$1.31M	USD	1 Quarter
Income taxes	`IncomeTaxesPaidNet`	$3.44M	USD	1 Quarter

Comprehensive Income 6 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$64.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$71.11M	USD	1 Quarter
Change in postretirement plan costs, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-85.00K	USD	1 Quarter
Change in postretirement plan costs, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-524.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$71.20M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$64.83M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.