2013 Q1 Form 10-Q Financial Statement

#000151499113000017 Filed on May 09, 2013

View on sec.gov

Income Statement

Concept 2013 Q1 2012 Q1
Revenue $382.0M $326.2M
YoY Change 17.08% 19.54%
Cost Of Revenue $136.7M $104.9M
YoY Change 30.26%
Gross Profit $245.3M $221.3M
YoY Change 10.83%
Gross Profit Margin 64.22% 67.84%
Selling, General & Admin $99.45M $99.22M
YoY Change 0.23%
% of Gross Profit 40.55% 44.83%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $18.35M $25.05M
YoY Change -26.77%
% of Gross Profit 7.48% 11.32%
Operating Expenses $99.45M $99.22M
YoY Change 0.23%
Operating Profit $127.5M $97.04M
YoY Change 31.37% 37.3%
Interest Expense $29.37M $29.80M
YoY Change -1.44%
% of Operating Profit 23.04% 30.71%
Other Income/Expense, Net -$29.32M -$29.99M
YoY Change -2.25%
Pretax Income $98.17M $67.05M
YoY Change 46.41%
Income Tax $36.65M $23.97M
% Of Pretax Income 37.33% 35.75%
Net Earnings $61.52M $43.18M
YoY Change 42.46% 44.82%
Net Earnings / Revenue 16.11% 13.24%
Basic Earnings Per Share $0.86 $0.62
Diluted Earnings Per Share $0.85 $0.60
COMMON SHARES
Basic Shares Outstanding 71.29M shares 69.87M shares
Diluted Shares Outstanding 72.55M shares 72.13M shares

Balance Sheet

Concept 2013 Q1 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $554.9M $224.2M
YoY Change 147.5%
Cash & Equivalents $554.9M $224.2M
Short-Term Investments
Other Short-Term Assets $479.4M $321.2M
YoY Change 49.25%
Inventory
Prepaid Expenses
Receivables $316.3M $285.4M
Other Receivables $6.400M $5.000M
Total Short-Term Assets $1.357B $835.9M
YoY Change 62.35%
LONG-TERM ASSETS
Property, Plant & Equipment $69.36M $62.40M
YoY Change 11.15%
Goodwill $78.66M
YoY Change
Intangibles $248.6M
YoY Change
Long-Term Investments
YoY Change
Other Assets $59.84M $86.10M
YoY Change -30.5%
Total Long-Term Assets $1.211B $1.290B
YoY Change -6.1%
TOTAL ASSETS
Total Short-Term Assets $1.357B $835.9M
Total Long-Term Assets $1.211B $1.290B
Total Assets $2.568B $2.126B
YoY Change 20.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $55.87M $61.90M
YoY Change -9.74%
Accrued Expenses $103.2M $69.50M
YoY Change 48.49%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.600M $7.500M
YoY Change -78.67%
Total Short-Term Liabilities $736.7M $329.5M
YoY Change 123.57%
LONG-TERM LIABILITIES
Long-Term Debt $2.154B $2.235B
YoY Change -3.62%
Other Long-Term Liabilities $66.39M $515.3M
YoY Change -87.12%
Total Long-Term Liabilities $2.220B $2.750B
YoY Change -19.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $736.7M $329.5M
Total Long-Term Liabilities $2.220B $2.750B
Total Liabilities $3.394B $3.131B
YoY Change 8.4%
SHAREHOLDERS EQUITY
Retained Earnings -$831.9M
YoY Change
Common Stock $42.80M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $29.62M
YoY Change
Treasury Stock Shares 863.9K shares
Shareholders Equity -$825.3M -$1.005B
YoY Change
Total Liabilities & Shareholders Equity $2.568B $2.126B
YoY Change 20.82%

Cashflow Statement

Concept 2013 Q1 2012 Q1
OPERATING ACTIVITIES
Net Income $61.52M $43.18M
YoY Change 42.46% 44.82%
Depreciation, Depletion And Amortization $18.35M $25.05M
YoY Change -26.77%
Cash From Operating Activities -$37.80M $77.10M
YoY Change -149.03%
INVESTING ACTIVITIES
Capital Expenditures $8.003M $2.838M
YoY Change 181.99%
Acquisitions $0.00
YoY Change
Other Investing Activities $700.0K $0.00
YoY Change
Cash From Investing Activities -$7.300M -$2.800M
YoY Change 160.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $11.95M $15.94M
YoY Change -25.02%
Debt Paid & Issued, Net $0.00 $51.49M
YoY Change -100.0%
Cash From Financing Activities -10.80M -65.90M
YoY Change -83.61%
NET CHANGE
Cash From Operating Activities -37.80M 77.10M
Cash From Investing Activities -7.300M -2.800M
Cash From Financing Activities -10.80M -65.90M
Net Change In Cash -55.90M 8.400M
YoY Change -765.48%
FREE CASH FLOW
Cash From Operating Activities -$37.80M $77.10M
Capital Expenditures $8.003M $2.838M
Free Cash Flow -$45.80M $74.26M
YoY Change -161.68%

Facts In Submission

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