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EVP-100 VSE Consolidate Product & Technology Test

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EVP-100 exam Dumps Source : VSE Consolidate Product & Technology Test

Test Code : EVP-100
Test designation : VSE Consolidate Product & Technology Test
Vendor designation : EMC
real questions : 133 real Questions

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EMC EMC VSE Consolidate Product

Dell EMC: PowerVault ME4 sequence decent for enterprise Market | killexams.com real Questions and Pass4sure dumps

Dell EMC has officially rolled out unique PowerVault ME4 sequence storage arrays designed for the little and medium-size company (SMB) market.

the brand unique entry-stage storage products brag business points, quick setting up and simple administration, the dealer referred to.

faced with fewer inner IT and price purview substances than greater business businesses, SMBs soundless accommodate storage requirements for a wide purview of enterprise purposes and employ circumstances. With that in intellect, the brand unique Dell EMC PowerVault ME4 collection storage arrays are aim-built and priced for this market phase.

Dell EMC's Jeff Boudreau

Dell EMC’s Jeff Boudreau

“previous this yr, they made a dedication to simplify and streamline their storage portfolio to design it less demanding for consumers to upshot company with us,” mentioned Jeff Boudreau, president and established manager of storage at Dell EMC.

“the brand unique PowerVault ME4 sequence is a key share of that manner on the entry stage, designed for customers hunting for a cheap, yet fully featured storage array that’s optimized for SAN and DAS virtualized workloads.”

the brand unique PowerVault ME4 collection family unit gives you significant increases over worn Dell EMC entry systems in capability, efficiency, simplicity and features. Dell EMC developed the PowerVault ME4 collection with seventy five percent extra drives to boost uncooked storage aptitude via 122 p.c, while moreover boosting read IOPS efficiency by means of 4X.

It’s surest for block-based mostly storage employ cases corresponding to video surveillance, extravagant performance computing (HPC), virtualization/VDI, entry SAN, not pricey consolidation, video enhancing, NoSQL databases, direct attached and OEM options, Dell EMC spoke of.

This month, IDC’s international Quarterly business Storage systems Tracker said that supplier revenue in worldwide enterprise storage methods expanded by greater than 21 percent 12 months over 12 months, to $13.2 billion, every solitary the way through the second quarter of 2018. complete capability shipments had been up almost 711 p.c, to basically 112 exabytes every solitary over the quarter.

Dell Inc. turned into the greatest supplier for the quarter, accounting for greater than 19 % of total international enterprise storage techniques revenue. HPE/New H3C community became the 2nd biggest, trailing Dell EMC with a bit more than 17 % market share, in accordance with IDC.

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EMC lessen on Pac Crest downgrade; facts lake platform launched | killexams.com real Questions and Pass4sure dumps

No outcome found, are attempting unique key phrase!four days after Piper downgraded EMC (EMC-1.5%) and emulate NetApp ... neatly as "an expanding prick for food" among customers to consolidate their storage components. The enterprise moreover sees investments in unique prod...

$sixty seven billion Dell-EMC deal closes nowadays | killexams.com real Questions and Pass4sure dumps

final Fall, rumors every solitary started circulating that Dell become attracted to buying EMC. On October twelfth, the rumors proved precise when Dell announced it changed into purchasing EMC for an brilliant $67 billion, a listing rate for a tech acquisition. well-nigh a 12 months later, for greater or worse (richer or poorer), that deal is professional today.

whereas the parties could want to carcass this as a contend with Little drama, the reality is that Dell confronted a few considerable criminal and regulatory hurdles together with EMC and VMware inventory holder skepticism alongside the way, but terminal week when chinese authorities gave the go-forward, the deal changed into finally all-systems-go.

Now comes the challenging work of integrating both organizations. What remains to exist viewed is whether or not this is finally a very splendid deal for Dell, and if it can mould the two organization right into a cohesive operation. There are actually no ensures right here.

EMC is not any detached enterprise

in the event you pay a checklist rate, you are likely to appeal to consideration, and never every solitary of it is going to exist tremendous. Regulators and investors alike had loads of questions and it didn’t prefer long for issues to crop up.

part of the vicissitude is the manner EMC is structured. unlike most massive organisations with internal divisions working beneath a solitary company structure with a solitary inventory, EMC is a federation of affiliated and infrequently unbiased businesses. Chief amongst them is VMware, the virtualization giant, which is elude as a wholly part company to the point of being its own publicly traded stock.

VMware stockholders didn’t prefer kindly to the deal, as a minimum firstly, and the proportion price every solitary started to plunge from $82.09 a share on the day before the sale was announced, the entire manner every solitary the way down to $43.eighty four on February ninth, its post-announcement low element. After that, the stock begun to regain slowly however continuously, and as of Tuesday, the fee had rebounded the entire approach returned to $seventy three.39 a share. That recuperation had to exist a big aid for Dell executives and its economic backers as a result of VMware is a crucial piece of this puzzle. EMC, and via extension Dell, owns eighty p.c of the business, and the higher deal changed into structured in an atypical means that makes VMware extra vital.

[graphiq id=”FvUsw3zvL” title=”Vmware Inc. (VMW) Stock price – 1 Year” width=”600″ height=”463″ url=”https://w.graphiq.com/w/FvUsw3zvL” link=”http://stock-screener.findthecompany.com/l/8825/VMW” link_text=”Vmware Inc. (VMW) Stock price – 1 Year | FindTheCompany” ]

Dell agreed to pay EMC shareholders $24.05 per share. additionally, it agreed to pay what’s known as a tracking stock, an quantity that tracks in opposition t the proportion cost of VMware. as the stock price dropped, it made the provision less effectual and shareholders increasingly worried. With the inventory price lower back near its pre-acquisition announcement stage, this should soundless not exist an issue.

one more key impartial piece is Pivotal, an organization launched in a partnership involving EMC, VMware and GE, which helps organizations become greater digitally focussed. It introduced a large $650 million inflow of outside funding from the likes of Ford and Microsoft closing spring, and rumors had been circulating that it may depart public at some element. whereas that’s not necessarily a nasty factor, it did add an extra stage of problem in getting the deal to the conclude line.

presently after the deal was introduced, EMC and VMware introduced that they had been spinning out Virtustream, a company EMC purchased for $1.2 billion in may also, 2015, as yet one other quasi-unbiased piece. the brand unique enterprise will assist valued clientele control their cloud operations, whether public, private or hybrid — Little doubt, a stunning piece for Dell — however the deal at once bumped into obstacle as already-agitated VMware stockholders every solitary started to cringe, unhappy that the brand unique enterprise’s financials could exist stated as share of VMware’s salary. Two months later, VMware walked away from their share of the possession stake. EMC decided to depart it by myself, but it surely actually raised eyebrows at the time.

fiscal considerations resolved

there were moreover questions about how the deal would exist taxed, and how Dell, the smaller of both organizations would pay such an incredible debt load, suggested to exist in the $40 billion latitude (which is why it has to referee relatively splendid about that improving VMware stock cost).

In January, VMware and EMC announced layoffs ahead of the deal being finalized in part movements. There are bound to exist greater to approach as the two companies consolidate and upshot away with redundant positions. The first rate information is that the two businesses product lines are fairly complementary without loads of overlap.

regardless of the considerations, the deal edged incessantly forward, and nowadays it’s finally complete. The combining of the two businesses is ordinarily seen in a auspicious light by way of industry observer’s as a result of along with a stout enterprise storage component, EMC might give Dell an avenue into the useful hybrid cloud computing market. lots of the accustomed technology companies affection HPE, Dell, Cisco and VMware; wary of the becoming verve of AWS (and to a point Microsoft and Google) within the public cloud accommodate tried to prefer a different manner through providing businesses a personal cloud — it's, the capability to elude affection a public cloud with every solitary that entails round self-provisioning and billing in keeping with usage, but within the consolation and protection (at the least theoretically) of a private statistics center.

beyond that, there's a awareness that organizations are within the cloud already nowadays, and greater seemingly than no longer, over the subsequent decade (or greater) will elude some composite of their workloads within the public cloud and a few in the deepest facts heart — otherwise regularly occurring because the hybrid cloud.

Dell thinks that by way of teaming with EMC, it can trap a considerable piece of that lucrative market, even as its server company starts to slip with the relaxation of the market. Gartner had blended information for server vendors affection Dell in its June file with shipments up 1.7 %, however profits down 2.three percent. IDC’s June record became even worse with salary down 3.6 percent in its survey.

normally fanciful vibes

while it'll design the endeavor to in reality shape out the winners and losers in this deal, the consensus is that Dell did smartly to seize EMC, even at that exorbitant expense.

Oracle chairman Larry Ellison changed into an enthusiastic supporter, asserting he shed greater than just a few tears that he couldn’t present a emulate bid as a result of Oracle has been tied up with its own transition to cloud computing. He believes the rate was a covenant and Dell and its traders might make a substantial quantity of funds when every solitary is asserted and done.

michaeldell

Dell Chairman, Michael Dell.

Alan Pelz-Sharpe, an analyst with Digital clarity group, isn’t fairly as bullish on the deal as Ellison, however he soundless likes what he sees, exceptionally in terms of long-time era steadiness for both companies. “Margins within the hardware world are taut and confident at every solitary times should be, however it’s soundless huge enterprise. Taking EMC out of the publicly traded world and into Dell’s deepest world provides a comparatively sturdy ambiance to consolidate and subsequently obtain some shape of long-time era increase,” he said.

Glenn O’Donnell, an analyst with Forrester sees the precise value for Dell in the independent pieces in the EMC federation — VMware, Pivotal and Virtustream. He additionally likes the impact of the deal on Dell’s money circulation. “EMC produces a whopping $5.5B in free money movement, sweet song to a private business affection Dell.”

whereas the consensus is that it will every solitary determine ultimately, combining two corporations the measurement of Dell and EMC goes to prefer a powerful deal of time to tug off. The politics is frequently unbelievable and getting each agencies relocating as one is going to exist an vast organizational problem.

meanwhile, whereas they combat with that vast transition, their competition could exist relocating ahead. Dell and EMC are bigger together and provide a much broader breadth of business choices, however can they could proceed to innovate while pulling collectively a deal affection this — and offloading some items to assist pay for it? It’s much to juggle and it'll prefer time to elect if it became price the massive funding Dell made to win EMC within the fold.

Regardless, it’s going to exist as much as both corporations to work out how to design this every solitary work, and ready or no longer, the long elude begins now.

word: in response to Dell PR, the precise  deal price is $fifty eight.1B in response to the value of the cash consideration and opening price of DVMT ($45.07).  The long-established cost when the deal was introduced  changed into $67 billion.


EVP-100 VSE Consolidate Product & Technology Test

Study sheperd Prepared by Killexams.com EMC Dumps Experts


Killexams.com EVP-100 Dumps and real Questions

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EVP-100 exam Dumps Source : VSE Consolidate Product & Technology Test

Test Code : EVP-100
Test designation : VSE Consolidate Product & Technology Test
Vendor designation : EMC
real questions : 133 real Questions

Afraid of failing EVP-100 exam!
It is my joy to thank you very a lot for being here for me. I exceeded my EVP-100 certification with flying colorations. Now I am EVP-100 licensed.


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I highly recommend this bundle to everyone planning to win EVP-100 q and a. Exams for this certification are hard, and it takes a lot of work to pass them. killexams.com does most of it for you. EVP-100 exam I got from this website had most of the questions provided during the exam. Without these dumps, I referee I would fail, and this is why so many people dont pass EVP-100 exam from the first try.


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VSE Corporation Acquires Integrated Concepts and Research Corporation | killexams.com real questions and Pass4sure dumps

Acquisition Builds on Growth Strategy

ALEXANDRIA, Va., June 4 / -- VSE Corporation (NASDAQ:VSEC) announced today that it has acquired Integrated Concepts and Research Corporation (ICRC) of Alexandria, Virginia. The purchase price was approximately $11.6 million in cash, with the potential for additional payments of up to approximately $5.8 million if confident monetary targets are met during the next six years. For the year ended March 31, 2007, ICRC recorded revenues of approximately $59 million and net income of approximately $1.5 million (unaudited).

ICRC is a diversified technical and management services company principally serving the U.S. Government market. The company's core expertise lies in information technology, advanced vehicle technology, aerospace, engineering and transportation infrastructure. ICRC combines industry expertise with a stout track record in project management, research, testing, analysis, purchasing, and implementation.

ICRC is an established information technology provider to the U.S. Army Corps of Engineers and the companionable Security Administration. ICRC was on the government team that recently won the Army Corps of Engineers A-76 competition that outsourced every solitary the Corps' Information management and technology work. ICRC has developed sophisticated integrated vehicle systems for the Army such as the SmarTruck(TM) and every solitary terrain vehicles for Special Operations Command. ICRC has moreover been in the forefront of the federal R&D on alternative fuels, in particular, immaculate diesel fuel made using the Fischer-Tropsch process.

The ICRC corporate office is in Alexandria, Virginia, with offices in Chantilly, Virginia; Detroit, Michigan; Huntsville, Alabama; Vicksburg, Mississippi; and Anchorage, Alaska. For more information on ICRC, please notice the ICRC web site at www.icrcsolutions.com/ .

VSE Chairman, President and CEO/COO Don Ervine said, "The acquisition of ICRC is consistent with their growth strategy to expand their presence in the markets they serve. ICRC is a well managed, diversified and profitable company. This combination provides VSE with an opportunity to expand and diversify its business groundwork across a number of project areas including smart vehicles, alternate fuels, large-scale port engineering development and security, and information technology services. The acquisition brings 200 employees to their staff, and it adds momentum to their strategic design for growth and increasing profitability. ICRC has several long-term contracts, and they are working together on unique bidding opportunities where they can combine and leverage their strengths. They expect the acquisition to create unique opportunities between ICRC and their other VSE divisions and subsidiaries."

ICRC President and CEO Jim Lexo said, "We are excited about the opportunity to continue their growth with VSE. They share common goals with VSE, and in some instances, they advocate different programs for the same or similar customers. They notice this acquisition as very positive for ICRC, their employees, and customers."

Established in 1959, VSE is a diversified professional services company providing engineering, systems integration, scientific, and management solutions to customers in the defense, homeland security, law enforcement, energy, and environmental industries at locations and facilities across the United States and around the world. For the year December 31, 2006, VSE reported consolidated revenues of $363.7 million and earnings of $7.8 million ($3.21 per diluted share).

For more information on VSE services and products, please notice the Company's web site at www.vsecorp.com/ or contact Len Goldstein, Director of business and unique Product development at (703) 317-5202.

Source: VSE Corporation

CONTACT:C. S. Weber, CAO for VSE Corporation, +1-703-329-4770

Web site: www.vsecorp.com/http://www.icrcsolutions.com/

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VSE Reports monetary Results for Third Quarter 2015 | killexams.com real questions and Pass4sure dumps

ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (Nasdaq: VSEC) reported the following unaudited consolidated monetary results for its third fiscal quarter ended September 30, 2015.

        (in thousands, except per share data)   Third Quarter Results Nine Month Results 2015   2014   % Change 2015   2014   % Change Revenues $137,396   $101,749   35.0% $389,313   $329,120   18.3% Operating income $13,243   $7,183   84.4% $35,423   $29,243   21.1% Net income $6,474   $3,883   66.7% $17,173   $15,202   13.0% EPS (Diluted) $1.20   $0.72   66.7% $3.19   $2.83   12.7%  

“Our improved operating results this quarter are a result of the execution of their long term strategy to expand their logistics services and product offerings to a more diverse customer base,” said Maurice “Mo” Gauthier, VSE CEO. “The successful performance of their Supply Chain Management Group and the inclusion of their aviation maintenance, repair and overhaul (MRO) and parts supply and distribution businesses acquired on January 28, 2015 (Aviation Group) are the primary drivers behind their revenue and profit growth in 2015. They accommodate moreover increased bookings in their Federal Government markets in September to provide further momentum going forward. Overall, they accommodate experienced modest organic revenue growth on a quarterly basis compared to the same quarter of the previous year.”

Revenues were $137 million in the third quarter of 2015 compared to $102 million in the third quarter of 2014. For the first nine months, revenues were $389 million in 2015 compared to $329 million in 2014. The increases were primarily due to the addition of commercial revenue from their Aviation Group and increases from their Supply Chain Management Group.

Operating income was $13.2 million for the third quarter of 2015 compared to $7.2 million in the third quarter of 2014. For the first nine months, operating income was $35 million in 2015 compared to $29 million in 2014. The increases in operating income were primarily attributable to the increases in their revenues. Differences in the amount of expense related to adjustments to earn-out obligations associated with their Wheeler Bros., Inc. and Aviation Group acquisitions moreover contributed to the operating income increases. Earn-out responsibility expense for 2015 was approximately $508 thousand for the third quarter and $1 million for the nine months, compared to approximately $2 million for the third quarter and $2.8 million for the nine months for 2014.

Net income was $6.5 million for the third quarter of 2015, or $1.20 per diluted share, compared to $3.9 million, or $0.72 per diluted share for the third quarter of 2014. Net income was $17.2 million for the first nine months of 2015, or $3.19 per diluted share, compared to $15.2 million, or $2.83 per diluted share for the first nine months of 2014.

Net cash provided by operating activities was $18.5 million for the first nine months of 2015, compared to $3.9 million for the first six months of 2015. The $14.6 million of cash from operating activities in the third quarter was used primarily to design their final earn-out payment of approximately $10 million related to their Wheeler Bros., Inc. acquisition and an earn-out payment of $5 million related to their Aviation Group acquisition.

Our disclosure relative to bookings and funded condense backlog include only their Federal Services and IT, Energy and Management Consulting groups. Bookings were $184 million for the first nine months of 2015 compared to revenue of $157 million for the same period. Funded condense backlog at September 30, 2015 was $214 million, compared to $176 million at June 30, 2015 and $192 million at September 30, 2014.

Non-GAAP monetary Information (Unaudited)

            For the third quarter and nine-month periods ended September 30, 2015 (in thousands) Third Quarter Results   Nine Month Results 2015   2014   % Change   2015   2014   % Change Net Income $ 6,474 $ 3,883 67 % $ 17,173 $ 15,202 13 % Interest Expense 2,441 871 180 % 7,001 3,158 122 % Income Taxes 4,328 2,425 78 % 11,249 9,985 13 % Depreciation and Amortization (1)   6,437     4,720   36 %     19,215     14,274   35 % EBITDA 19,680 11,899 65 % 54,638 42,619 28 % Earn Out Adjustments Expense 508 1,971 -74 % 1,035 2,758 -62 % Acquisition Transaction Costs   75     277   -73 %     488     277   76 % Adjusted EBITDA $ 20,263   $ 14,147   43 %   $ 56,161   $ 45,654   23 %     (1) Amortization Expense from Acquisitions Included Above $ 4,162 $ 2,628 58 % $ 12,280 $ 7,885 56 %  

EBITDA was $19.7 million for the third quarter and $54.6 million for the first nine months of 2015, compared to $11.9 million for the third quarter and $42.6 for the first nine months of 2014. Adjusted EBITDA was approximately $20.3 million for the third quarter and approximately $56.2 for the first nine months of 2015, compared to approximately $14.1 million for the third quarter and approximately $45.7 million for the first nine months of 2014.

Third Quarter Operational Highlights

  • Revenues from their Supply Chain Management Group, which provides supply chain advocate for truck fleets, increased by 13% for the first nine months of 2015 as compared to the same era of 2014.
  • Our combined Federal Services and IT, Management and Consulting groups had increased bookings in the third quarter, resulting in a reserve to bill of approximately 1.2 for the first nine months of 2015. The reserve to bill is a ratio of the bookings of $184 million divided by the revenues of $157 million for the nine-month period.
  • Our Federal Services Group was recently awarded a firm Fixed price (FFP) chore order under its SeaPort-e condense vehicle to provide technical, maintenance and test advocate to the U.S. Marine Corps Systems Command in Quantico, VA. This chore order has a era of performance that includes a six-month groundwork era and four one-year options with a total value of $37 million. This award represents an increase in condense value, scope, and capabilities to work currently performed by VSE.
  • In September, their Federal Services Group received several delivery orders totaling more than $27.9 million to continue work under its foreign Military Sales (FMS) Naval Ship Transfer and Repair (N*STAR) condense through the Naval Sea Systems Command (NAVSEA) International Fleet advocate Program.
  • Our Energetics subsidiary was awarded two subcontracts through the U.S. Department of Energy (DOE) National Nuclear Security Administration (NNSA) Technical, Engineering & Programmatic advocate Services Blanket Purchase Agreement. The two chore order awards consist of technical and program management advocate for DOE Office of International Affairs and for the DOE Office of Energy Policy and Systems Analysis. The chore orders accommodate a three-year era of performance and a total combined estimated value to Energetics of $7 million.
  • About VSE

    Established in 1959, VSE is a diversified logistics and services company with tang in solving issues of global significance with integrity, agility, and value. VSE is dedicated to making their federal and commercial clients successful by delivering innovative solutions for vehicle, ship, and aircraft sustainment, supply chain management, platform modernization, mission enhancement, program management, energy, IT, and consulting services. For additional information regarding VSE services and products, please notice the Company's web site at www.vsecorp.com or contact Christine Kaineg, VSE Investor Relations, at (703) 329-3263.

    Please mention to VSE’s Annual Report on shape 10-K for the year ended December 31, 2014 and subsequent reports filed with the Securities and Exchange Commission (“SEC”) for further information and analysis of VSE’s monetary condition and results of operations. VSE encourages investors and others to review the particular reporting and disclosures contained in VSE’s public filings for additional discussion about the status of specific customer programs and condense awards, risks, revenue sources and funding, dependence on material customers, and management’s discussion of short and long term business challenges and opportunities.

    Non-GAAP monetary Information

    This earnings release contains monetary measures above under the caption “Non-GAAP monetary Information” that are not calculated in accordance with U.S. generally accepted accounting principles ("GAAP") under SEC Regulation G, including EBITDA and Adjusted EBITDA. EBITDA represents net income before net interest, income taxes and depreciation and amortization. Adjusted EBITDA represents EBITDA, as defined above, adjusted for earn-out expenses and other transaction costs associated with acquisitions. VSE prepares adjusted monetary measures to liquidate the impact of items it does not esteem indicative of ongoing operating performance due to their inherent unusual, extraordinary or non-recurring nature.

    We accommodate included a discussion on EBITDA and Adjusted EBITDA in this press release, which are non-GAAP monetary measures. They believe that these supplemental performance measures provide another basis for comparing era to era results by excluding potential differences caused by non-operational and unusual or non-recurring items. EBITDA and Adjusted EBITDA are not measures of monetary performance under GAAP and should not exist considered as an alternative to any other performance measure derived in accordance with GAAP. This information is not audited.

    Safe Harbor

    This word release contains statements that to the extent they are not recitations of historical fact, constitute “forward looking statements” under federal securities laws. every solitary such statements are intended to exist theme to the safe harbor protection provided by applicable securities laws. For discussions identifying some considerable factors that could antecedent actual VSE results to differ materially from those anticipated in the forward looking statements in this word release, notice VSE’s public filings with the SEC.

        VSE Corporation and Subsidiaries   Unaudited Consolidated equilibrium Sheets           (in thousands except share and per share amounts)     September 30, December 31,   2015     2014   Assets Current assets: Cash and cash equivalents $ 194 $ 263 Receivables 75,762 59,391 Inventories 113,728 49,363 Deferred tax assets 4,897 1,834 Other current assets   10,635     11,517   Total current assets 205,216 122,368   Property and equipment, net 65,237 52,911 Intangible assets, net 153,640 72,209 Goodwill 184,384 92,052 Other assets   16,212     15,790   Total assets $ 624,689   $ 355,330     Liabilities and Stockholders’ Equity Current liabilities: Current portion of long-term debt $ 16,620 $ 24,837 Accounts payable 36,677 29,424 Current portion of earn-out obligation 9,038 9,455 Accrued expenses and other current liabilities 26,101 23,245 Dividends payable   -     536   Total current liabilities 88,436 87,497   Long-term debt, less current portion 228,214 23,563 Deferred compensation 10,905 12,563 Long-term lease obligations, less current portion 23,635 24,584 Earn-out obligation, less current portion 12,576 - Deferred income taxes   38,767     1,634   Total liabilities   402,533     149,841     Commitments and contingencies   Stockholders’ equity: Common stock, par value $0.05 per share, authorized 15,000,000 shares; issued and outstanding 5,374,863 and 5,358,261 respectively 269 268 Additional paid-in capital 21,597 20,348 Retained earnings 200,916 184,873 Accumulated other comprehensive loss   (626 )   -   Total stockholders’ equity   222,156     205,489   Total liabilities and stockholders’ equity $ 624,689   $ 355,330       The accompanying notes are an integral share of these unaudited consolidated monetary statements.             VSE Corporation and Subsidiaries   Unaudited Consolidated Statements of Income           (in thousands except share and per share amounts)   For the three months For the nine months ended September 30, ended September 30,   2015     2014     2015     2014     Revenues: Products $ 83,644 $ 44,567 $ 233,603 $ 127,550 Services   53,752     57,182     155,710     201,570   Total revenues 137,396 101,749 389,313 329,120   Contract costs: Products 72,371 36,440 200,531 103,223 Services   51,281     56,948     150,741     194,257   Total condense costs 123,652 93,388 351,272 297,480   Selling, generic and administrative expenses   501     1,178     2,618     2,397     Operating income 13,243 7,183 35,423 29,243   Interest expense, net   2,441     871     7,001     3,158     Income before income taxes 10,802 6,312 28,422 26,085   Provision for income taxes   4,328     2,425     11,249     9,985     Income from continuing operations 6,474 3,887 17,173 16,100   Loss from discontinued operations, net of tax   -     (4 )   -     (898 )   Net income $ 6,474   $ 3,883   $ 17,173   $ 15,202     Basic earnings per share: Income from continuing operations $ 1.20 $ 0.73 $ 3.20 $ 3.01 Loss income from discontinued operations   -     -     -     (0.17 ) Net income $ 1.20   $ 0.73   $ 3.20   $ 2.84     Basic weighted detached shares outstanding   5,374,863     5,355,968     5,373,159     5,353,065     Diluted earnings per share: Income from continuing operations $ 1.20 $ 0.72 $ 3.19 $ 3.00 Loss from discontinued operations   -     -     -     (0.17 ) Net income $ 1.20   $ 0.72   $ 3.19   $ 2.83     Diluted weighted detached shares outstanding   5,396,174   5,371,995     5,389,129   5,368,224     Dividends declared per share $ - $ -   $ 0.21 $ 0.19      

    The accompanying notes are an integral share of these unaudited consolidated monetary statements.

        VSE Corporation and Subsidiaries   Unaudited Consolidated Statements of Cash Flows     (in thousands)   For the nine months ended September 30,   2015     2014   Cash flows from operating activities: Net income $ 17,173 $ 15,202

    Adjustments to reconcile net income to net cash provided by operating activities:

    Depreciation and amortization 19,215 14,274 Deferred taxes (1,400 ) 2,551 Stock-based compensation 1,698 1,610 Earn-out responsibility adjustment 1,035 2,758 Changes in operating assets and liabilities, net of impact of acquisition: Receivables, net (5,267 ) 14,548 Inventories (8,821 ) (7,672 ) Other current assets and noncurrent assets 4,110 (2,560 ) Accounts payable and deferred compensation (3,235 ) 2,429 Accrued expenses and other current liabilities (1,811 ) (2,587 ) Earn-out obligation (3,269 ) - Long-term lease obligations   (926 )   (835 )   Net cash provided by operating activities   18,502     39,718     Cash flows from investing activities: Purchases of property and equipment (7,819 ) (2,725 ) Proceeds from the sale of property and equipment 273 - Cash paid for acquisitions, net of cash acquired   (191,181 )   -     Net cash used in investing activities   (198,727 )   (2,725 )   Cash flows from financing activities: Borrowings on loan arrangement 435,377 210,552 Repayments on loan arrangement (238,071 ) (243,023 ) Earn-out responsibility payments (11,713 ) (1,972 ) Payment of debt financing costs (2,699 ) - Payments on capital lease obligations (730 ) (629 ) Payments of taxes for equity transactions (342 ) (314 ) Dividends paid   (1,666 )   (1,499 )   Net cash provided by (used in) financing activities   180,156     (36,885 )     Net (decrease) increase in cash and cash equivalents (69 ) 108 Cash and cash equivalents at birth of period   263     220   Cash and cash equivalents at quit of period $ 194   $ 328      

    The accompanying notes are an integral share of these unaudited consolidated monetary statements.


    VSE Reports monetary Results for Second Quarter 2018 | killexams.com real questions and Pass4sure dumps

    No result found, try unique keyword!VSE Corporation (Nasdaq: VSEC) reported the following unaudited consolidated monetary results for the second ... began generating revenue in the second quarter as they extend unique product lines to unique g...


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