2020 Q2 Form 10-Q Financial Statement

#000105350720000129 Filed on July 30, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2
Revenue $1.913B $1.890B
YoY Change 1.24% 6.1%
Cost Of Revenue $540.0M $13.90M
YoY Change 3784.89% 6.11%
Gross Profit $1.373B $1.876B
YoY Change -26.8% 6.1%
Gross Profit Margin 71.77% 99.26%
Selling, General & Admin $188.6M $164.8M
YoY Change 14.44% 4.37%
% of Gross Profit 13.74% 8.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $454.9M $229.1M
YoY Change 98.56% 2.55%
% of Gross Profit 33.13% 12.21%
Operating Expenses $188.6M $164.8M
YoY Change 14.44% 4.37%
Operating Profit $691.3M $683.9M
YoY Change 1.08% 25.26%
Interest Expense $197.7M $204.5M
YoY Change -3.33% -1.64%
% of Operating Profit 28.6% 29.9%
Other Income/Expense, Net -$231.8M -$220.0M
YoY Change 5.36% -3.38%
Pretax Income $459.5M $463.9M
YoY Change -0.95% 45.74%
Income Tax $11.10M $29.60M
% Of Pretax Income 2.42% 6.38%
Net Earnings $446.1M $429.1M
YoY Change 3.96% 39.91%
Net Earnings / Revenue 23.32% 22.71%
Basic Earnings Per Share $1.01 $0.97
Diluted Earnings Per Share $1.00 $0.96
COMMON SHARES
Basic Shares Outstanding 443.4M shares 442.2M shares
Diluted Shares Outstanding 445.9M shares 445.3M shares

Balance Sheet

Concept 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.038B $1.192B
YoY Change 70.97% 30.32%
Cash & Equivalents $2.038B $1.192B
Short-Term Investments
Other Short-Term Assets $456.0M $383.0M
YoY Change 19.06% -21.36%
Inventory
Prepaid Expenses $101.2M $80.50M
Receivables $585.2M $459.5M
Other Receivables $147.0M $197.0M
Total Short-Term Assets $3.227B $2.232B
YoY Change 44.54% 4.95%
LONG-TERM ASSETS
Property, Plant & Equipment $18.48B $11.27B
YoY Change 64.0% 1.82%
Goodwill $5.822B $5.558B
YoY Change 4.76% 0.56%
Intangibles $11.61B $10.90B
YoY Change 6.6% -7.34%
Long-Term Investments
YoY Change
Other Assets $393.4M $263.8M
YoY Change 49.13% -74.25%
Total Long-Term Assets $38.29B $36.84B
YoY Change 3.93% 18.54%
TOTAL ASSETS
Total Short-Term Assets $3.227B $2.232B
Total Long-Term Assets $38.29B $36.84B
Total Assets $41.52B $39.07B
YoY Change 6.25% 17.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $108.2M $144.9M
YoY Change -25.33% 5.77%
Accrued Expenses $879.2M $835.6M
YoY Change 5.22% 6.79%
Deferred Revenue $400.2M $334.8M
YoY Change 19.53%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $3.366B $2.442B
YoY Change 37.83% -12.52%
Total Short-Term Liabilities $5.945B $4.822B
YoY Change 23.3% 5.67%
LONG-TERM LIABILITIES
Long-Term Debt $21.85B $18.62B
YoY Change 17.37% 1.6%
Other Long-Term Liabilities $880.8M $868.0M
YoY Change 1.47% -30.39%
Total Long-Term Liabilities $880.8M $868.0M
YoY Change 1.47% -95.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.945B $4.822B
Total Long-Term Liabilities $880.8M $868.0M
Total Liabilities $36.91B $32.44B
YoY Change 13.79% 24.43%
SHAREHOLDERS EQUITY
Retained Earnings -$1.125B -$1.206B
YoY Change -6.72% 7.54%
Common Stock $4.500M $4.500M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.282B $1.207B
YoY Change 6.26% 12.36%
Treasury Stock Shares 10.92K shares 10.56M shares
Shareholders Equity $3.620B $5.478B
YoY Change
Total Liabilities & Shareholders Equity $41.52B $39.07B
YoY Change 6.25% 17.67%

Cashflow Statement

Concept 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income $446.1M $429.1M
YoY Change 3.96% 39.91%
Depreciation, Depletion And Amortization $454.9M $229.1M
YoY Change 98.56% 2.55%
Cash From Operating Activities $988.8M $1.037B
YoY Change -4.61% 10.28%
INVESTING ACTIVITIES
Capital Expenditures -$210.5M -$243.5M
YoY Change -13.55% 7.55%
Acquisitions
YoY Change
Other Investing Activities -$174.9M -$23.90M
YoY Change 631.8% -92.89%
Cash From Investing Activities -$385.4M -$267.4M
YoY Change 44.13% -52.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 99.20M -597.0M
YoY Change -116.62% -5.07%
NET CHANGE
Cash From Operating Activities 988.8M 1.037B
Cash From Investing Activities -385.4M -267.4M
Cash From Financing Activities 99.20M -597.0M
Net Change In Cash 702.6M 172.2M
YoY Change 308.01% -168.52%
FREE CASH FLOW
Cash From Operating Activities $988.8M $1.037B
Capital Expenditures -$210.5M -$243.5M
Free Cash Flow $1.199B $1.280B
YoY Change -6.31% 9.75%

Facts In Submission

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us-gaap Net Income Loss
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
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CY2019Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
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CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest
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ComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest
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CY2019Q2 amt Comprehensive Income Loss Net Of Tax Attributable To Nonredeemable Noncontrolling Interest
ComprehensiveIncomeLossNetOfTaxAttributableToNonredeemableNoncontrollingInterest
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amt Comprehensive Income Loss Net Of Tax Attributable To Nonredeemable Noncontrolling Interest
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us-gaap Payments To Acquire Productive Assets
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us-gaap Proceeds From Issuance Of Unsecured Debt
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us-gaap Repayments Of Long Term Debt And Capital Securities
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us-gaap Repayments Of Long Term Debt And Capital Securities
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us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
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us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Proceeds From Income Tax Refunds
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us-gaap Income Taxes Paid Net
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us-gaap Interest Paid Net
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us-gaap Capital Lease Obligations Incurred
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us-gaap Capital Lease Obligations Incurred
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amt Transfers To Accounts Payable And Accrued Expenses Capital Expenditures
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us-gaap Notes Reduction
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us-gaap Notes Reduction
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CY2019Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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CY2019Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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CY2020Q2 us-gaap Treasury Stock Value Acquired Cost Method
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CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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CY2020Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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us-gaap Stock Issued During Period Value Share Based Compensation
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us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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amt Other Comprehensive Income Loss Foreign Currency Transactionand Translation Adjustment Netof Tax Less Amount Reclassifiedto Additional Paidin Capital
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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us-gaap Adjustments To Additional Paid In Capital Increase In Carrying Amount Of Redeemable Preferred Stock
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us-gaap Dividends Common Stock Cash
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CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Stock Issued During Period Value Share Based Compensation
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us-gaap Treasury Stock Value Acquired Cost Method
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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us-gaap Adjustments To Additional Paid In Capital Increase In Carrying Amount Of Redeemable Preferred Stock
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us-gaap Dividends Common Stock Cash
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CashAndCashEquivalentsAtCarryingValue
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CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Purchase Date
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us-gaap Share Based Compensation
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us-gaap Sale Of Stock Percentage Of Ownership After Transaction
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CY2020Q2 us-gaap Business Combination Acquisition Related Costs
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CY2019Q2 us-gaap Business Combination Acquisition Related Costs
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3800000 USD
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5800000 USD
CY2020Q2 us-gaap Business Combination Integration Related Costs
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CY2019Q2 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
2100000 USD
us-gaap Business Combination Integration Related Costs
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9100000 USD
us-gaap Business Combination Integration Related Costs
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6200000 USD
us-gaap Proceeds From Previous Acquisition
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3300000 USD
us-gaap Proceeds From Previous Acquisition
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1700000 USD
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1100000 USD
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1800000 USD
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1200000 USD
CY2020Q2 us-gaap Business Acquisitions Pro Forma Revenue
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us-gaap Business Acquisitions Pro Forma Revenue
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3909100000 USD
us-gaap Business Acquisitions Pro Forma Revenue
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409600000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
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us-gaap Business Acquisitions Pro Forma Net Income Loss
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1.78
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CY2019Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.92
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
1.77
CY2019Q4 amt Number Of Reportable Segments Divided
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2 segment
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5 segment
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6 segment
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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459500000 USD
CY2020Q2 us-gaap Assets
Assets
41515900000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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463900000 USD
CY2019Q2 us-gaap Assets
Assets
39072700000 USD
CY2019Q2 us-gaap Assets
Assets
39072700000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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899200000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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905500000 USD

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0001053507-20-000129.txt Edgar Link pending
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amt-20200630.htm Edgar Link pending
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amt-20200630_cal.xml Edgar Link unprocessable
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