2024 Q4 Form 10-Q Financial Statement

#000087476124000070 Filed on October 31, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2024 Q2
Revenue $3.289B $2.942B
YoY Change -4.22% -2.81%
Cost Of Revenue $2.567B $2.389B
YoY Change 2.03% -5.54%
Gross Profit $722.0M $553.0M
YoY Change -21.35% 11.04%
Gross Profit Margin 21.95% 18.8%
Selling, General & Admin $57.00M $66.00M
YoY Change -10.94% -8.33%
% of Gross Profit 7.89% 11.93%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $306.0M $308.0M
YoY Change 6.99% 11.19%
% of Gross Profit 42.38% 55.7%
Operating Expenses -$3.000M $124.0M
YoY Change -104.92% 90.77%
Operating Profit $725.0M $429.0M
YoY Change -15.4% -0.92%
Interest Expense $379.0M $389.0M
YoY Change 16.26% -258.13%
% of Operating Profit 52.28% 90.68%
Other Income/Expense, Net $31.00M $84.00M
YoY Change 158.33% 600.0%
Pretax Income $329.0M -$77.00M
YoY Change -20.53% -2025.0%
Income Tax $103.0M -$35.00M
% Of Pretax Income 31.31%
Net Earnings $502.0M $185.0M
YoY Change 117.32% -574.36%
Net Earnings / Revenue 15.26% 6.29%
Basic Earnings Per Share $0.71 $0.27
Diluted Earnings Per Share $0.71 $0.27
COMMON SHARES
Basic Shares Outstanding 711.0M shares 710.9M shares 710.7M shares
Diluted Shares Outstanding 713.0M shares 713.0M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.981B $1.834B
YoY Change -13.98% -9.88%
Cash & Equivalents $1.919B $1.773B
Short-Term Investments $62.00M $61.00M
Other Short-Term Assets $1.460B $1.458B
YoY Change -0.82% -45.72%
Inventory $646.0M $661.0M
Prepaid Expenses $134.0M $141.0M
Receivables $1.868B $1.507B
Other Receivables $0.00 $0.00
Total Short-Term Assets $10.53B $9.555B
YoY Change 43.86% 32.62%
LONG-TERM ASSETS
Property, Plant & Equipment $32.35B $30.73B
YoY Change 17.5% 17.85%
Goodwill $348.0M $348.0M
YoY Change -3.87% -3.87%
Intangibles $1.928B $1.879B
YoY Change -15.81% -17.66%
Long-Term Investments $1.162B $1.156B
YoY Change 29.98% 34.73%
Other Assets $2.593B $2.845B
YoY Change -17.42% -23.17%
Total Long-Term Assets $39.55B $38.18B
YoY Change 10.35% 11.32%
TOTAL ASSETS
Total Short-Term Assets $10.53B $9.555B
Total Long-Term Assets $39.55B $38.18B
Total Assets $50.08B $47.74B
YoY Change 16.03% 15.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.965B $1.869B
YoY Change 19.74% 18.07%
Accrued Expenses $1.182B $1.043B
YoY Change -51.6% -62.25%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $4.946B $3.066B
YoY Change 31.54% 4.11%
Total Short-Term Liabilities $12.38B $9.823B
YoY Change 40.32% 28.78%
LONG-TERM LIABILITIES
Long-Term Debt $24.51B $25.49B
YoY Change 3.7% 8.01%
Other Long-Term Liabilities $2.501B $2.452B
YoY Change -9.87% -21.61%
Total Long-Term Liabilities $29.16B $29.99B
YoY Change 5.41% 12.19%
TOTAL LIABILITIES
Total Short-Term Liabilities $12.38B $9.823B
Total Long-Term Liabilities $29.16B $29.99B
Total Liabilities $41.54B $39.81B
YoY Change 13.85% 2.04%
SHAREHOLDERS EQUITY
Retained Earnings -$267.0M -$769.0M
YoY Change -79.33% -49.51%
Common Stock $9.000M $9.000M
YoY Change 12.5% 12.5%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.806B $1.807B
YoY Change -0.44% -0.39%
Treasury Stock Shares
Shareholders Equity $3.290B $3.091B
YoY Change
Total Liabilities & Shareholders Equity $50.08B $47.74B
YoY Change 16.03% 15.02%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $502.0M $185.0M
YoY Change 117.32% -574.36%
Depreciation, Depletion And Amortization $306.0M $308.0M
YoY Change 6.99% 11.19%
Cash From Operating Activities $852.0M $306.0M
YoY Change -23.1% -45.84%
INVESTING ACTIVITIES
Capital Expenditures $1.832B $1.685B
YoY Change -3.53% -8.67%
Acquisitions
YoY Change
Other Investing Activities -$33.00M -$153.0M
YoY Change 37.5% -45.55%
Cash From Investing Activities -$1.865B -$1.838B
YoY Change -3.02% -13.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.428B 1.153B
YoY Change 17.92% -23.79%
NET CHANGE
Cash From Operating Activities 852.0M 306.0M
Cash From Investing Activities -1.865B -1.838B
Cash From Financing Activities 1.428B 1.153B
Net Change In Cash 415.0M -379.0M
YoY Change 4.8% 689.58%
FREE CASH FLOW
Cash From Operating Activities $852.0M $306.0M
Capital Expenditures $1.832B $1.685B
Free Cash Flow -$980.0M -$1.379B
YoY Change 23.89% 7.73%

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Files In Submission

Name View Source Status
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