2014 Q4 Form 10-Q Financial Statement

#000126643214000140 Filed on November 10, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2013 Q4
Revenue $536.3M $498.0M $436.0M
YoY Change 23.01% 25.83% 15.38%
Cost Of Revenue $163.2M $158.8M $134.0M
YoY Change 21.84% 20.28% -3.97%
Gross Profit $373.1M $339.2M $302.0M
YoY Change 23.53% 28.62% 26.7%
Gross Profit Margin 69.57% 68.11% 69.28%
Selling, General & Admin $185.0M $178.1M $144.6M
YoY Change 27.94% 32.49% 31.22%
% of Gross Profit 49.59% 52.51% 47.88%
Research & Development $32.40M $32.58M $26.50M
YoY Change 22.26% 31.08% 29.9%
% of Gross Profit 8.68% 9.6% 8.77%
Depreciation & Amortization $67.80M $67.40M $49.90M
YoY Change 35.87% 40.42% -9.27%
% of Gross Profit 18.17% 19.87% 16.52%
Operating Expenses $236.9M $210.7M $184.0M
YoY Change 28.75% 32.27% 30.04%
Operating Profit $136.2M $120.2M $118.0M
YoY Change 15.39% 20.82% 21.83%
Interest Expense -$12.10M $4.482M $1.500M
YoY Change -906.67% -6.25%
% of Operating Profit -8.88% 3.73% 1.27%
Other Income/Expense, Net $9.900M -$188.0K -$400.0K
YoY Change -2575.0% -38.36% -300.0%
Pretax Income $133.9M $117.6M $116.9M
YoY Change 14.54% 16.79% 19.9%
Income Tax $36.80M $26.42M $36.50M
% Of Pretax Income 27.48% 22.47% 31.22%
Net Earnings $97.11M $91.16M $80.35M
YoY Change 20.86% 14.29% 17.66%
Net Earnings / Revenue 18.11% 18.3% 18.43%
Basic Earnings Per Share $0.55 $0.51 $0.45
Diluted Earnings Per Share $0.54 $0.50 $0.44
COMMON SHARES
Basic Shares Outstanding 178.0M shares 178.2M shares 179.0M shares
Diluted Shares Outstanding 181.0M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $758.3M $710.9M $673.9M
YoY Change 12.52% 25.53% 54.0%
Cash & Equivalents $238.7M $214.3M $333.9M
Short-Term Investments $519.6M $496.6M $340.0M
Other Short-Term Assets $46.68M $115.0M $29.35M
YoY Change 59.05% 30.83% -59.24%
Inventory
Prepaid Expenses $44.63M $3.249M
Receivables $329.6M $326.7M $272.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.263B $1.153B $1.030B
YoY Change 22.61% 26.58% 41.37%
LONG-TERM ASSETS
Property, Plant & Equipment $601.6M $559.2M $450.3M
YoY Change 33.6% 31.7% 30.48%
Goodwill $1.051B $1.049B $757.4M
YoY Change 38.81% 39.64% 4.65%
Intangibles $132.4M $140.8M $77.43M
YoY Change 71.01% 76.45% -8.43%
Long-Term Investments $870.0M $850.8M $573.0M
YoY Change 51.83% 37.18% -12.88%
Other Assets $81.75M $99.18M $67.54M
YoY Change 21.04% 27.27% 69.64%
Total Long-Term Assets $2.739B $2.702B $1.928B
YoY Change 42.07% 36.83% 2.98%
TOTAL ASSETS
Total Short-Term Assets $1.263B $1.153B $1.030B
Total Long-Term Assets $2.739B $2.702B $1.928B
Total Assets $4.002B $3.854B $2.958B
YoY Change 35.29% 33.59% 13.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $77.41M $74.80M $73.71M
YoY Change 5.02% 52.43% 70.27%
Accrued Expenses $204.7M $174.0M $150.4M
YoY Change 36.11% 1.43% 13.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $334.0M $301.6M $263.2M
YoY Change 26.92% 5.67% 29.67%
LONG-TERM LIABILITIES
Long-Term Debt $604.9M $600.1M $0.00
YoY Change
Other Long-Term Liabilities $74.22M $75.47M $57.15M
YoY Change 29.87% 39.94% 15.78%
Total Long-Term Liabilities $74.22M $75.47M $57.15M
YoY Change 29.87% 39.94% 15.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $334.0M $301.6M $263.2M
Total Long-Term Liabilities $74.22M $75.47M $57.15M
Total Liabilities $1.056B $1.006B $328.3M
YoY Change 221.77% 194.13% 28.79%
SHAREHOLDERS EQUITY
Retained Earnings -$1.598B -$1.695B -$1.932B
YoY Change -17.28% -15.76% -13.19%
Common Stock $1.783M $1.851M $1.808M
YoY Change -1.38% -10.1% -10.27%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00 $226.5M $0.00
YoY Change -69.26% -100.0%
Treasury Stock Shares 0.000 shares 3.925M shares 0.000 shares
Shareholders Equity $2.945B $2.848B $2.629B
YoY Change
Total Liabilities & Shareholders Equity $4.002B $3.854B $2.958B
YoY Change 35.29% 33.59% 13.73%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2013 Q4
OPERATING ACTIVITIES
Net Income $97.11M $91.16M $80.35M
YoY Change 20.86% 14.29% 17.66%
Depreciation, Depletion And Amortization $67.80M $67.40M $49.90M
YoY Change 35.87% 40.42% -9.27%
Cash From Operating Activities $195.6M $173.3M $171.7M
YoY Change 13.92% 9.75% 12.44%
INVESTING ACTIVITIES
Capital Expenditures -$92.30M -$71.80M -$62.40M
YoY Change 47.92% 18.87% 0.65%
Acquisitions
YoY Change
Other Investing Activities -$44.10M -$106.1M $35.80M
YoY Change -223.18% 60.03% -173.21%
Cash From Investing Activities -$136.4M -$177.9M -$26.50M
YoY Change 414.72% 40.41% -76.1%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -29.60M -27.90M -46.80M
YoY Change -36.75% 1062.5% 121.8%
NET CHANGE
Cash From Operating Activities 195.6M 173.3M 171.7M
Cash From Investing Activities -136.4M -177.9M -26.50M
Cash From Financing Activities -29.60M -27.90M -46.80M
Net Change In Cash 29.60M -32.50M 98.40M
YoY Change -69.92% -212.85% 375.36%
FREE CASH FLOW
Cash From Operating Activities $195.6M $173.3M $171.7M
Capital Expenditures -$92.30M -$71.80M -$62.40M
Free Cash Flow $287.9M $245.1M $234.1M
YoY Change 22.98% 12.28% 9.04%

Facts In Submission

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dei Amendment Flag
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dei Current Fiscal Year End Date
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dei Document Fiscal Period Focus
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dei Document Fiscal Year Focus
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dei Document Period End Date
DocumentPeriodEndDate
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dei Document Type
DocumentType
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dei Entity Central Index Key
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CY2014Q4 dei Entity Common Stock Shares Outstanding
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dei Entity Filer Category
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dei Entity Registrant Name
EntityRegistrantName
AKAMAI TECHNOLOGIES INC

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