2016 Q1 Form 10-Q Financial Statement

#000100443416000041 Filed on May 10, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $545.4M $635.0M
YoY Change -14.11% 7.06%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $95.90M $108.7M
YoY Change -11.78% -11.12%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $31.60M $32.20M
YoY Change -1.86% 3.21%
% of Gross Profit
Operating Expenses $366.6M $403.6M
YoY Change -9.17% 1.13%
Operating Profit $246.8M $231.4M
YoY Change 6.66% 19.34%
Interest Expense $22.30M $22.20M
YoY Change 0.45% 26.14%
% of Operating Profit 9.04% 9.59%
Other Income/Expense, Net -$16.30M $5.800M
YoY Change -381.03% -118.18%
Pretax Income $230.5M $290.3M
YoY Change -20.6% 39.43%
Income Tax $57.00M $69.60M
% Of Pretax Income 24.73% 23.98%
Net Earnings $104.0M $126.7M
YoY Change -17.92% 64.12%
Net Earnings / Revenue 19.07% 19.95%
Basic Earnings Per Share $1.93 $2.34
Diluted Earnings Per Share $1.90 $2.26
COMMON SHARES
Basic Shares Outstanding 54.00M shares 54.80M shares
Diluted Shares Outstanding 56.60M shares 57.80M shares

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $505.8M $631.1M
YoY Change -19.85% -28.54%
Cash & Equivalents $297.6M $438.2M
Short-Term Investments $208.2M $192.9M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $495.5M $514.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $793.1M $952.2M
YoY Change -16.71% -22.8%
LONG-TERM ASSETS
Property, Plant & Equipment $113.1M $94.90M
YoY Change 19.18% 1.93%
Goodwill $2.672B $2.621B
YoY Change 1.95% 9.86%
Intangibles $1.648B $1.725B
YoY Change -4.47% 10.48%
Long-Term Investments $2.811B $2.029B
YoY Change 38.55% 59.91%
Other Assets
YoY Change
Total Long-Term Assets $7.298B $6.542B
YoY Change 11.56% 21.42%
TOTAL ASSETS
Total Short-Term Assets $793.1M $952.2M
Total Long-Term Assets $7.298B $6.542B
Total Assets $8.091B $7.494B
YoY Change 7.97% 13.19%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $571.0M $577.2M
YoY Change -1.07% 13.29%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $571.0M $577.2M
YoY Change -1.07% 13.29%
LONG-TERM LIABILITIES
Long-Term Debt $2.301B $1.923B
YoY Change 19.66% 33.69%
Other Long-Term Liabilities $189.7M $181.3M
YoY Change 4.63% -23.63%
Total Long-Term Liabilities $2.491B $2.104B
YoY Change 18.36% 25.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $571.0M $577.2M
Total Long-Term Liabilities $2.491B $2.104B
Total Liabilities $3.661B $3.206B
YoY Change 14.18% 24.04%
SHAREHOLDERS EQUITY
Retained Earnings $2.784B $2.291B
YoY Change 21.49% 28.12%
Common Stock $542.0M $519.8M
YoY Change 4.27% -24.91%
Preferred Stock
YoY Change
Treasury Stock (at cost) $430.8M $250.5M
YoY Change 71.98% 146.56%
Treasury Stock Shares
Shareholders Equity $2.868B $2.558B
YoY Change
Total Liabilities & Shareholders Equity $8.091B $7.494B
YoY Change 7.97% 13.19%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income $104.0M $126.7M
YoY Change -17.92% 64.12%
Depreciation, Depletion And Amortization $31.60M $32.20M
YoY Change -1.86% 3.21%
Cash From Operating Activities $25.60M $119.1M
YoY Change -78.51% -59.99%
INVESTING ACTIVITIES
Capital Expenditures $4.100M $4.700M
YoY Change -12.77% 14.63%
Acquisitions
YoY Change
Other Investing Activities -$546.8M $400.0K
YoY Change -136800.0% -100.36%
Cash From Investing Activities -$550.9M -$4.300M
YoY Change 12711.63% -96.24%
FINANCING ACTIVITIES
Cash Dividend Paid $0.00
YoY Change
Common Stock Issuance & Retirement, Net $12.40M $154.2M
YoY Change -91.96% -2367.65%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $259.8M -217.5M
YoY Change -219.45% -331.14%
NET CHANGE
Cash From Operating Activities $25.60M 119.1M
Cash From Investing Activities -$550.9M -4.300M
Cash From Financing Activities $259.8M -217.5M
Net Change In Cash -$265.5M -102.7M
YoY Change 158.52% -137.01%
FREE CASH FLOW
Cash From Operating Activities $25.60M $119.1M
Capital Expenditures $4.100M $4.700M
Free Cash Flow $21.50M $114.4M
YoY Change -81.21% -61.04%

Facts In Submission

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54800000 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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54000000 shares

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