2015 Q4 Form 10-Q Financial Statement

#000104712715000043 Filed on October 30, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q3
Revenue $670.6M $734.4M $812.8M
YoY Change -21.39% -9.65% 5.84%
Cost Of Revenue $568.0M $607.8M $659.6M
YoY Change -22.51% -7.86% 5.2%
Gross Profit $102.6M $126.6M $153.2M
YoY Change -14.57% -17.37% 8.66%
Gross Profit Margin 15.3% 17.24% 18.85%
Selling, General & Admin $58.80M $54.23M $61.60M
YoY Change -6.37% -11.96% -4.27%
% of Gross Profit 57.31% 42.84% 40.2%
Research & Development $22.90M $21.07M $16.44M
YoY Change 32.37% 28.2% -11.85%
% of Gross Profit 22.32% 16.65% 10.73%
Depreciation & Amortization $122.2M $122.8M $119.4M
YoY Change -1.93% 2.86% 13.46%
% of Gross Profit 119.1% 97.01% 77.93%
Operating Expenses $81.70M $75.31M $78.04M
YoY Change 2.0% -3.5% -5.97%
Operating Profit $20.90M $51.30M $75.18M
YoY Change -47.75% -31.77% 29.59%
Interest Expense -$19.90M $17.70M $23.78M
YoY Change -30.9% -25.59% -8.9%
% of Operating Profit -95.22% 34.5% 31.63%
Other Income/Expense, Net -$11.40M -$7.362M -$15.40M
YoY Change -700.0% -52.19% -33.11%
Pretax Income -$12.70M $43.93M $59.78M
YoY Change -196.95% -26.51% 56.61%
Income Tax $800.0K $16.57M $14.99M
% Of Pretax Income 37.71% 25.07%
Net Earnings -$10.60M $27.74M $47.10M
YoY Change -184.8% -41.11% 85.79%
Net Earnings / Revenue -1.58% 3.78% 5.79%
Basic Earnings Per Share $0.12 $0.20
Diluted Earnings Per Share -$44.73K $0.12 $0.20
COMMON SHARES
Basic Shares Outstanding 237.4M shares 236.9M shares 236.3M shares
Diluted Shares Outstanding 237.0M shares 237.5M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $523.2M $430.4M $485.6M
YoY Change 16.29% -11.37% -17.88%
Cash & Equivalents $523.2M $430.4M $485.6M
Short-Term Investments
Other Short-Term Assets $27.96M $53.86M $69.23M
YoY Change -46.5% -22.2% 81.55%
Inventory $238.2M $208.2M $229.6M
Prepaid Expenses
Receivables $526.1M $410.3M $483.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.317B $1.105B $1.270B
YoY Change 9.98% -13.04% -1.43%
LONG-TERM ASSETS
Property, Plant & Equipment $2.579B $2.285B $2.259B
YoY Change 16.88% 1.15% 15.99%
Goodwill $23.41M
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $146.6M $128.4M
YoY Change -100.0% 14.17% 22.21%
Other Assets $104.3M $109.0M $100.0M
YoY Change -6.1% 8.98% -22.62%
Total Long-Term Assets $2.709B $2.543B $2.490B
YoY Change 11.14% 2.14% 13.78%
TOTAL ASSETS
Total Short-Term Assets $1.317B $1.105B $1.270B
Total Long-Term Assets $2.709B $2.543B $2.490B
Total Assets $4.026B $3.647B $3.760B
YoY Change 10.76% -2.99% 8.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $434.2M $279.3M $626.6M
YoY Change 40.51% -55.43% 44.88%
Accrued Expenses $264.2M $251.7M $292.6M
YoY Change 2.01% -14.0% 0.61%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $76.80M $0.00 $10.00M
YoY Change 1436.0% -100.0% -82.27%
Total Short-Term Liabilities $1.018B $752.2M $929.2M
YoY Change 45.33% -19.05% 19.18%
LONG-TERM LIABILITIES
Long-Term Debt $1.435B $1.365B $1.451B
YoY Change -1.07% -5.9% -4.51%
Other Long-Term Liabilities $113.2M $101.6M $14.88M
YoY Change -9.68% 582.51% 16.25%
Total Long-Term Liabilities $1.549B $1.467B $1.466B
YoY Change -1.76% 0.07% -4.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.018B $752.2M $929.2M
Total Long-Term Liabilities $1.549B $1.467B $1.466B
Total Liabilities $2.809B $2.444B $2.629B
YoY Change 12.16% -7.03% 3.19%
SHAREHOLDERS EQUITY
Retained Earnings -$467.7M -$450.4M -$530.1M
YoY Change -9.52% -15.03% -22.97%
Common Stock $283.0K $283.0K $282.0K
YoY Change 0.35% 0.35% 7.63%
Preferred Stock
YoY Change
Treasury Stock (at cost) $213.8M $213.6M $212.8M
YoY Change 0.34% 0.37% 0.75%
Treasury Stock Shares 45.72M shares 45.69M shares 45.57M shares
Shareholders Equity $1.200B $1.186B $1.117B
YoY Change
Total Liabilities & Shareholders Equity $4.026B $3.647B $3.760B
YoY Change 10.76% -2.99% 8.14%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income -$10.60M $27.74M $47.10M
YoY Change -184.8% -41.11% 85.79%
Depreciation, Depletion And Amortization $122.2M $122.8M $119.4M
YoY Change -1.93% 2.86% 13.46%
Cash From Operating Activities $154.6M $202.1M $170.4M
YoY Change -26.03% 18.6% -2.24%
INVESTING ACTIVITIES
Capital Expenditures -$185.4M -$158.2M -$211.9M
YoY Change -22.36% -25.34% 18.18%
Acquisitions
YoY Change
Other Investing Activities $23.20M $1.600M $500.0K
YoY Change 4540.0% 220.0% -101.27%
Cash From Investing Activities -$162.1M -$156.7M -$211.4M
YoY Change -31.98% -25.88% -3.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 99.60M -57.20M 600.0K
YoY Change -1632.31% -9633.33%
NET CHANGE
Cash From Operating Activities 154.6M 202.1M 170.4M
Cash From Investing Activities -162.1M -156.7M -211.4M
Cash From Financing Activities 99.60M -57.20M 600.0K
Net Change In Cash 92.10M -11.80M -40.40M
YoY Change -357.26% -70.79% -9.21%
FREE CASH FLOW
Cash From Operating Activities $154.6M $202.1M $170.4M
Capital Expenditures -$185.4M -$158.2M -$211.9M
Free Cash Flow $340.0M $360.3M $382.3M
YoY Change -24.07% -5.75% 8.12%

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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
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us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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7.12
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103000 USD
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us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
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P6Y1M10D
us-gaap Stock Issued During Period Shares Stock Options Exercised
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1203405000 USD
CY2014Q4 us-gaap Supplemental Unemployment Benefits Severance Benefits
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CY2015Q3 us-gaap Supplemental Unemployment Benefits Severance Benefits
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CY2014Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
45604000 shares
CY2015Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
45691000 shares
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
213028000 USD
CY2015Q3 us-gaap Treasury Stock Value
TreasuryStockValue
213576000 USD
CY2014Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
149000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
383000 USD
CY2015Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
102000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12700000 USD
CY2015Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
10400000 USD
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
237509000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
236672000 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
236974000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
237168000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
236337000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
228733000 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
236888000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
236813000 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;"></font><font style="font-family:inherit;font-size:10pt;">The Consolidated Financial Statements have been prepared in conformity with U.S.&#160;GAAP, using management&#8217;s best estimates and judgments where appropriate. These estimates and judgments affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. The estimates and judgments will also affect the reported amounts for certain revenues and expenses during the reporting period. Actual results could differ materially from these estimates and judgments.</font></div></div>

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0001047127-15-000043-index.html Edgar Link pending
0001047127-15-000043.txt Edgar Link pending
0001047127-15-000043-xbrl.zip Edgar Link pending
amkr-20150930.xml Edgar Link completed
amkr-20150930.xsd Edgar Link pending
amkr-20150930_cal.xml Edgar Link unprocessable
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