2009 Q4 Form 10-K Financial Statement

#000076642111000020 Filed on February 23, 2011

View on sec.gov

Income Statement

Concept 2009 Q4 2008 2007 Q4
Revenue $846.1M $3.663B $853.4M
YoY Change 2.3% 4.47% 7.98%
Cost Of Revenue $373.6M $2.211B $442.1M
YoY Change -31.89% 27.6% 3.08%
Gross Profit $472.5M $1.452B $411.3M
YoY Change 69.6% -18.14% 13.81%
Gross Profit Margin 55.84% 39.63% 48.2%
Selling, General & Admin $307.1M $1.183B $284.5M
YoY Change 15.58% 2.51% -1.96%
% of Gross Profit 64.99% 81.52% 69.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $56.90M $204.6M $45.10M
YoY Change 10.06% 15.33% 3.92%
% of Gross Profit 12.04% 14.09% 10.97%
Operating Expenses $419.7M $3.835B $392.4M
YoY Change 13.77% 145.46% 1.34%
Operating Profit $52.80M -$172.2M $18.90M
YoY Change -158.47% -181.65% -173.26%
Interest Expense -$12.90M $104.8M -$2.900M
YoY Change 4.03% -1763.49% -281.25%
% of Operating Profit -24.43% -15.34%
Other Income/Expense, Net $2.100M -$41.00M -$2.900M
YoY Change -333.33% 900.0%
Pretax Income $42.00M -$213.2M $9.600M
YoY Change -135.0% -206.33% -157.83%
Income Tax $17.90M -$77.30M $2.200M
% Of Pretax Income 42.62% 22.92%
Net Earnings $24.10M -$135.9M $7.400M
YoY Change -132.05% -209.33% -163.79%
Net Earnings / Revenue 2.85% -3.71% 0.87%
Basic Earnings Per Share -$3.74
Diluted Earnings Per Share $168.1K -$3.74 $46.95K
COMMON SHARES
Basic Shares Outstanding 36.34M shares
Diluted Shares Outstanding 36.34M shares

Balance Sheet

Concept 2009 Q4 2008 2007 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.192B $1.077B $823.0M
YoY Change 10.68% 30.86% -18.84%
Cash & Equivalents $164.0M $283.0M $204.3M
Short-Term Investments $1.028B $794.0M $619.0M
Other Short-Term Assets $285.0M $263.0M $383.0M
YoY Change 8.37% -31.33% 1.06%
Inventory $45.80M $52.00M $47.00M
Prepaid Expenses
Receivables $112.0M $117.0M $138.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.634B $1.509B $1.390B
YoY Change 8.3% 8.56% -11.58%
LONG-TERM ASSETS
Property, Plant & Equipment $3.168B $3.168B $2.962B
YoY Change 0.0% 6.95% 25.56%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $51.00M $36.00M $12.00M
YoY Change 41.67% 200.0% -47.83%
Other Assets $143.2M $123.0M $127.0M
YoY Change 16.42% -3.15% 3.25%
Total Long-Term Assets $3.362B $3.327B $3.101B
YoY Change 1.05% 7.29% 23.79%
TOTAL ASSETS
Total Short-Term Assets $1.634B $1.509B $1.390B
Total Long-Term Assets $3.362B $3.327B $3.101B
Total Assets $4.996B $4.836B $4.491B
YoY Change 3.31% 7.68% 10.15%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $63.30M $60.00M $102.0M
YoY Change 5.5% -41.18% 13.33%
Accrued Expenses $474.5M $659.0M $984.0M
YoY Change -54.02% 6.29% 7.42%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $156.0M $245.0M $176.0M
YoY Change -36.33% 39.2% 47.9%
Total Short-Term Liabilities $1.270B $1.361B $1.374B
YoY Change -6.72% -0.95% 11.08%
LONG-TERM LIABILITIES
Long-Term Debt $1.699B $1.596B $1.125B
YoY Change 6.47% 41.87% 9.01%
Other Long-Term Liabilities $148.2M $1.180B $836.0M
YoY Change -87.44% 41.15% 3.34%
Total Long-Term Liabilities $1.155B $2.776B $1.961B
YoY Change -58.38% 41.56% 6.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.270B $1.361B $1.374B
Total Long-Term Liabilities $1.155B $2.776B $1.961B
Total Liabilities $2.425B $4.174B $3.466B
YoY Change -41.9% 20.43% 8.58%
SHAREHOLDERS EQUITY
Retained Earnings $315.0M
YoY Change
Common Stock $802.8M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.700M
YoY Change
Treasury Stock Shares 252.1K shares
Shareholders Equity $872.0M $662.0M $1.025B
YoY Change
Total Liabilities & Shareholders Equity $4.996B $4.836B $4.491B
YoY Change 3.31% 7.68% 10.15%

Cashflow Statement

Concept 2009 Q4 2008 2007 Q4
OPERATING ACTIVITIES
Net Income $24.10M -$135.9M $7.400M
YoY Change -132.05% -209.33% -163.79%
Depreciation, Depletion And Amortization $56.90M $204.6M $45.10M
YoY Change 10.06% 15.33% 3.92%
Cash From Operating Activities -$13.10M $172.5M $108.6M
YoY Change -141.59% -64.21% 78.33%
INVESTING ACTIVITIES
Capital Expenditures -$91.10M $412.8M -$175.1M
YoY Change 3860.87% -149.47% 5.74%
Acquisitions
YoY Change
Other Investing Activities $27.00M -$8.300M $196.1M
YoY Change -2.88% -103.57% 14.28%
Cash From Investing Activities -$64.10M -$581.3M $21.00M
YoY Change -351.37% -3.41% 250.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $44.90M
YoY Change -179.75%
Debt Paid & Issued, Net $343.2M
YoY Change
Cash From Financing Activities 71.40M $487.6M -5.600M
YoY Change -315.06% 422.06% -148.7%
NET CHANGE
Cash From Operating Activities -13.10M $172.5M 108.6M
Cash From Investing Activities -64.10M -$581.3M 21.00M
Cash From Financing Activities 71.40M $487.6M -5.600M
Net Change In Cash -5.800M $78.80M 124.0M
YoY Change -124.37% -398.48% 58.16%
FREE CASH FLOW
Cash From Operating Activities -$13.10M $172.5M $108.6M
Capital Expenditures -$91.10M $412.8M -$175.1M
Free Cash Flow $78.00M -$240.3M $283.7M
YoY Change 130.77% -118.25% 25.25%

Facts In Submission

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