CACI(CACI) - 2022 Q4 - Annual Report

Revenue Breakdown - Domestic Operations accounted for 96.9% of total revenues for fiscal 2022, with international operations contributing 3.1%[19] - The top ten revenue-producing contracts represented 35.7% of total revenues, amounting to $2.2 billion for fiscal 2022[23] - CACI's domestic revenue percentages for fiscal years 2022, 2021, and 2020 were 96.9%, 97.1%, and 97.1%, respectively[19] - Approximately 3.1% of total revenues in fiscal 2022 were generated from international operations headquartered in the U.K.[117] Acquisitions and Growth - CACI completed four acquisitions in fiscal 2022, enhancing capabilities in open source intelligence, cyber, and satellite communications[24] - The company has a strong focus on research and development to generate unique intellectual property and differentiated technology[24] - CACI's marketing and new business development efforts are led by senior executives and marketing professionals targeting federal government contracts[23] Workforce and Culture - Approximately 22,000 employees were employed as of June 30, 2022, highlighting the company's focus on talent acquisition and retention[26] - The company emphasizes a culture of diversity and inclusion, fostering an environment where employees can bring their genuine selves to work[30] Financial Management - The company has entered into floating-to-fixed interest rate swap agreements for an aggregate notional amount of $800 million related to a portion of its floating rate indebtedness[117] - Interest expense on variable rate debt would have fluctuated by approximately $12.3 million with every one percent fluctuation in the applicable interest rate for the twelve months ended June 30, 2022[117] - The company mitigates foreign currency exchange rate fluctuations by negotiating contracts in the same currency as predominant expenses[117] - The company intends to reinvest earnings from foreign subsidiaries to better utilize cash resources and mitigate foreign currency conversion risks[117] Operations Segmentation - The company reports operating results in two segments: Domestic Operations and International Operations[36] Intellectual Property - The company owns patents and maintains trade secrets that contribute to its competitive distinction[35] - The company’s proprietary information is protected through contractual arrangements and intellectual property laws[35]