$ALSN
Allison Transmission Holdings Inc

2015 Q2 Form 10-Q Financial Statement

#000119312515265993 Filed on July 28, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q2
Revenue $511.0M $536.1M
YoY Change -4.68% 4.69%
Cost Of Revenue $274.7M $297.6M
YoY Change -7.69% 4.06%
Gross Profit $236.3M $238.5M
YoY Change -0.92% 5.48%
Gross Profit Margin 46.24% 44.49%
Selling, General & Admin $75.60M $85.10M
YoY Change -11.16% -0.58%
% of Gross Profit 31.99% 35.68%
Research & Development $23.20M $21.20M
YoY Change 9.43% -7.02%
% of Gross Profit 9.82% 8.89%
Depreciation & Amortization $46.30M $48.80M
YoY Change -5.12% -2.59%
% of Gross Profit 19.59% 20.46%
Operating Expenses $98.80M $106.3M
YoY Change -7.06% -1.94%
Operating Profit $137.5M $132.2M
YoY Change 4.01% 12.32%
Interest Expense -$25.10M -$37.50M
YoY Change -33.07% 0.54%
% of Operating Profit -18.25% -28.37%
Other Income/Expense, Net -$2.200M -$900.0K
YoY Change 144.44% -65.38%
Pretax Income $87.10M $94.70M
YoY Change -8.03% 15.77%
Income Tax $32.70M $37.50M
% Of Pretax Income 37.54% 39.6%
Net Earnings $54.40M $57.20M
YoY Change -4.9% 13.27%
Net Earnings / Revenue 10.65% 10.67%
Basic Earnings Per Share $0.30 $0.32
Diluted Earnings Per Share $0.30 $0.31
COMMON SHARES
Basic Shares Outstanding 178.5M shares 178.8M shares
Diluted Shares Outstanding 179.6M shares 181.6M shares

Balance Sheet

Concept 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $216.8M $126.7M
YoY Change 71.11% -44.28%
Cash & Equivalents $216.8M $126.7M
Short-Term Investments
Other Short-Term Assets $27.50M $29.40M
YoY Change -6.46% -5.47%
Inventory $155.3M $169.5M
Prepaid Expenses
Receivables $228.1M $227.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $725.5M $647.5M
YoY Change 12.05% -5.69%
LONG-TERM ASSETS
Property, Plant & Equipment $485.4M $538.2M
YoY Change -9.81% -4.46%
Goodwill $1.941B $1.941B
YoY Change 0.0% 0.0%
Intangibles $1.463B $1.561B
YoY Change -6.28% -6.0%
Long-Term Investments
YoY Change
Other Assets $66.40M $82.70M
YoY Change -19.71% -2.36%
Total Long-Term Assets $3.958B $4.124B
YoY Change -4.05% -2.98%
TOTAL ASSETS
Total Short-Term Assets $725.5M $647.5M
Total Long-Term Assets $3.958B $4.124B
Total Assets $4.683B $4.772B
YoY Change -1.86% -3.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $142.4M $174.4M
YoY Change -18.35% 3.56%
Accrued Expenses $71.90M $89.60M
YoY Change -19.75% 8.61%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $22.60M $17.90M
YoY Change 26.26% -23.83%
Total Short-Term Liabilities $321.8M $378.3M
YoY Change -14.94% -8.62%
LONG-TERM LIABILITIES
Long-Term Debt $2.392B $2.652B
YoY Change -9.79% -4.81%
Other Long-Term Liabilities $225.1M $171.7M
YoY Change 31.1% -9.11%
Total Long-Term Liabilities $2.617B $2.823B
YoY Change -7.3% -5.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $321.8M $378.3M
Total Long-Term Liabilities $2.617B $2.823B
Total Liabilities $3.317B $3.478B
YoY Change -4.61% -0.88%
SHAREHOLDERS EQUITY
Retained Earnings -$270.7M -$286.7M
YoY Change -5.58% 81.8%
Common Stock $1.685B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.366B $1.294B
YoY Change
Total Liabilities & Shareholders Equity $4.683B $4.772B
YoY Change -1.86% -3.36%

Cashflow Statement

Concept 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income $54.40M $57.20M
YoY Change -4.9% 13.27%
Depreciation, Depletion And Amortization $46.30M $48.80M
YoY Change -5.12% -2.59%
Cash From Operating Activities $153.6M $143.4M
YoY Change 7.11% 10.56%
INVESTING ACTIVITIES
Capital Expenditures -$13.60M -$11.60M
YoY Change 17.24% -12.12%
Acquisitions
YoY Change
Other Investing Activities $100.0K $2.000M
YoY Change -95.0% 17.65%
Cash From Investing Activities -$13.50M -$9.600M
YoY Change 40.63% -16.52%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $79.30M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -186.8M -167.4M
YoY Change 11.59% 745.45%
NET CHANGE
Cash From Operating Activities 153.6M 143.4M
Cash From Investing Activities -13.50M -9.600M
Cash From Financing Activities -186.8M -167.4M
Net Change In Cash -46.70M -33.60M
YoY Change 38.99% -134.15%
FREE CASH FLOW
Cash From Operating Activities $153.6M $143.4M
Capital Expenditures -$13.60M -$11.60M
Free Cash Flow $167.2M $155.0M
YoY Change 7.87% 8.47%

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