2023 Q4 Form 10-Q Financial Statement

#000000497723000177 Filed on November 02, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $3.777B $4.950B
YoY Change -5.81% 2.7%
Cost Of Revenue $1.860B
YoY Change -20.51%
Gross Profit $3.090B
YoY Change 24.6%
Gross Profit Margin 62.42%
Selling, General & Admin $785.0M
YoY Change 0.26%
% of Gross Profit 25.4%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $208.0M $201.0M
YoY Change -29.25% -25.0%
% of Gross Profit 6.5%
Operating Expenses $3.488B $1.285B
YoY Change 0.06% -6.68%
Operating Profit $1.298B
YoY Change 47.5%
Interest Expense -$47.00M $49.00M
YoY Change -14.55% -16.95%
% of Operating Profit 3.78%
Other Income/Expense, Net $3.000M
YoY Change 200.0%
Pretax Income $289.0M $1.805B
YoY Change -44.85% 63.64%
Income Tax $21.00M $236.0M
% Of Pretax Income 7.27% 13.07%
Net Earnings $268.0M $1.569B
YoY Change 44.86% -1.69%
Net Earnings / Revenue 7.1% 31.7%
Basic Earnings Per Share $0.46 $2.65
Diluted Earnings Per Share $0.46 $2.64
COMMON SHARES
Basic Shares Outstanding 584.4M shares 594.1M shares
Diluted Shares Outstanding 593.6M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $4.306B $5.502B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $445.0M $445.0M
YoY Change -16.04% -8.81%
Goodwill $265.0M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $109.3B $105.8B
YoY Change -6.94% -7.62%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $126.7B $125.1B
YoY Change -3.28% -2.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $118.0M $130.0M
YoY Change -15.11% 11.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $272.0M $999.0M
YoY Change -81.05% -50.17%
LONG-TERM LIABILITIES
Long-Term Debt $7.246B $6.831B
YoY Change -2.63% -9.14%
Other Long-Term Liabilities $4.119B $3.977B
YoY Change -48.2% -59.79%
Total Long-Term Liabilities $11.37B $10.81B
YoY Change -26.17% -37.91%
TOTAL LIABILITIES
Total Short-Term Liabilities $272.0M $999.0M
Total Long-Term Liabilities $11.37B $10.81B
Total Liabilities $104.7B $102.4B
YoY Change -3.6% -1.45%
SHAREHOLDERS EQUITY
Retained Earnings $47.99B $48.26B
YoY Change 7.68% 7.5%
Common Stock $2.907B $2.865B
YoY Change 4.72% 4.18%
Preferred Stock
YoY Change
Treasury Stock (at cost) $23.40B $22.69B
YoY Change 13.71% 13.58%
Treasury Stock Shares
Shareholders Equity $21.99B $22.67B
YoY Change
Total Liabilities & Shareholders Equity $126.7B $125.1B
YoY Change -3.28% -2.33%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $268.0M $1.569B
YoY Change 44.86% -1.69%
Depreciation, Depletion And Amortization $208.0M $201.0M
YoY Change -29.25% -25.0%
Cash From Operating Activities $833.0M $1.270B
YoY Change -19.36% 18.03%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$1.412B $496.0M
YoY Change 103.75% -153.33%
Cash From Investing Activities -$1.412B $496.0M
YoY Change 103.75% -153.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -787.0M -992.0M
YoY Change -39.23% 62.09%
NET CHANGE
Cash From Operating Activities 833.0M 1.270B
Cash From Investing Activities -1.412B 496.0M
Cash From Financing Activities -787.0M -992.0M
Net Change In Cash -1.366B 774.0M
YoY Change 43.04% -266.09%
FREE CASH FLOW
Cash From Operating Activities $833.0M $1.270B
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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us-gaap Financing Receivable Nonaccrual Interest Income
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CY2023Q3 afl Collateral Requirements Minimum Percentage Unrestricted Cash Collateralto Fair Valueofthe Loaned Securities
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us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
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us-gaap Derivative Fair Value Hedge Included In Effectiveness Gain Loss
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us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
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CY2022Q3 us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
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us-gaap Derivative Fair Value Hedge Included In Effectiveness Gain Loss
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CY2022Q4 us-gaap Interest Rate Fair Value Hedge Derivative At Fair Value Net
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CY2023Q3 us-gaap Securities Borrowed
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us-gaap Direct Premiums Earned
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