2015 Q1 Form 10-Q Financial Statement

#000076642115000024 Filed on May 07, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q1
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue $487.0M $587.0M
YoY Change -17.04% -3.77%
Gross Profit $782.0M $635.0M
YoY Change 23.15% 21.41%
Gross Profit Margin
Selling, General & Admin $385.0M $343.0M
YoY Change 12.24% 6.19%
% of Gross Profit 49.23% 54.02%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $76.00M $70.00M
YoY Change 8.57% 1.45%
% of Gross Profit 9.72% 11.02%
Operating Expenses $1.031B $1.081B
YoY Change -4.63% 1.12%
Operating Profit $238.0M $141.0M
YoY Change 68.79% 120.31%
Interest Expense $11.00M $12.00M
YoY Change -8.33% -25.0%
% of Operating Profit 4.62% 8.51%
Other Income/Expense, Net $2.000M $11.00M
YoY Change -81.82% -320.0%
Pretax Income $240.0M $152.0M
YoY Change 57.89% 157.63%
Income Tax $91.00M $58.00M
% Of Pretax Income 37.92% 38.16%
Net Earnings $149.0M $94.00M
YoY Change 58.51% 154.05%
Net Earnings / Revenue
Basic Earnings Per Share $1.13 $0.69
Diluted Earnings Per Share $1.12 $0.68
COMMON SHARES
Basic Shares Outstanding 131.1M shares 137.3M shares
Diluted Shares Outstanding 132.2M shares 138.8M shares

Balance Sheet

Concept 2015 Q1 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.312B $1.420B
YoY Change -7.61% 12.25%
Cash & Equivalents $51.00M $90.00M
Short-Term Investments $1.261B $1.330B
Other Short-Term Assets $225.0M $244.0M
YoY Change -7.79% -24.92%
Inventory $52.00M $58.00M
Prepaid Expenses
Receivables $187.0M $212.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.776B $1.934B
YoY Change -8.17% 5.17%
LONG-TERM ASSETS
Property, Plant & Equipment $4.497B $3.930B
YoY Change 14.43% 8.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.000M $3.000M
YoY Change 0.0% -86.96%
Other Assets $137.0M $197.0M
YoY Change -30.46% 37.76%
Total Long-Term Assets $4.634B $4.127B
YoY Change 12.28% 8.46%
TOTAL ASSETS
Total Short-Term Assets $1.776B $1.934B
Total Long-Term Assets $4.634B $4.127B
Total Assets $6.410B $6.061B
YoY Change 5.76% 7.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $57.00M $75.00M
YoY Change -24.0% -25.74%
Accrued Expenses $731.0M $672.0M
YoY Change 8.78% 18.31%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $118.0M $113.0M
YoY Change 4.42% 6.6%
Total Short-Term Liabilities $1.880B $1.755B
YoY Change 7.12% 9.82%
LONG-TERM LIABILITIES
Long-Term Debt $650.0M $721.0M
YoY Change -9.85% -14.17%
Other Long-Term Liabilities $332.0M $309.0M
YoY Change 7.44% -6.93%
Total Long-Term Liabilities $1.714B $1.490B
YoY Change 15.03% -14.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.880B $1.755B
Total Long-Term Liabilities $1.714B $1.490B
Total Liabilities $3.594B $3.245B
YoY Change 10.76% -2.9%
SHAREHOLDERS EQUITY
Retained Earnings $2.266B $1.684B
YoY Change 34.56% 44.67%
Common Stock $212.0M $593.0M
YoY Change -64.25% -18.43%
Preferred Stock
YoY Change
Treasury Stock (at cost) $7.000M $1.000M
YoY Change 600.0%
Treasury Stock Shares 107.5K shares 9.773K shares
Shareholders Equity $2.166B $2.095B
YoY Change
Total Liabilities & Shareholders Equity $6.410B $6.061B
YoY Change 5.76% 7.39%

Cashflow Statement

Concept 2015 Q1 2014 Q1
OPERATING ACTIVITIES
Net Income $149.0M $94.00M
YoY Change 58.51% 154.05%
Depreciation, Depletion And Amortization $76.00M $70.00M
YoY Change 8.57% 1.45%
Cash From Operating Activities $514.0M $242.0M
YoY Change 112.4% 14.15%
INVESTING ACTIVITIES
Capital Expenditures $279.0M $93.00M
YoY Change 200.0% -9.71%
Acquisitions
YoY Change
Other Investing Activities -$2.000M -$7.000M
YoY Change -71.43% -200.0%
Cash From Investing Activities -$421.0M -$164.0M
YoY Change 156.71% 8.61%
FINANCING ACTIVITIES
Cash Dividend Paid $26.00M $17.00M
YoY Change 52.94%
Common Stock Issuance & Retirement, Net $102.0M $30.00M
YoY Change 240.0% 275.0%
Debt Paid & Issued, Net $35.00M $37.00M
YoY Change -5.41% -57.95%
Cash From Financing Activities -$149.0M -$68.00M
YoY Change 119.12% -22.73%
NET CHANGE
Cash From Operating Activities $514.0M $242.0M
Cash From Investing Activities -$421.0M -$164.0M
Cash From Financing Activities -$149.0M -$68.00M
Net Change In Cash -$56.00M $10.00M
YoY Change -660.0% -137.04%
FREE CASH FLOW
Cash From Operating Activities $514.0M $242.0M
Capital Expenditures $279.0M $93.00M
Free Cash Flow $235.0M $149.0M
YoY Change 57.72% 36.7%

Facts In Submission

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