2019 Q1 Form 10-Q Financial Statement

#000103982819000026 Filed on May 08, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q1
Revenue $1.001B $118.9M
YoY Change 741.85% -87.18%
Cost Of Revenue $9.299M $12.09M
YoY Change -23.11% 1.84%
Gross Profit $991.4M $106.8M
YoY Change 828.49% -88.34%
Gross Profit Margin 99.07% 89.83%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $45.13M $140.6M
YoY Change -67.91% 56.83%
% of Gross Profit 4.55% 131.71%
Operating Expenses $263.4M $798.5M
YoY Change -67.01% 30.77%
Operating Profit $728.0M -$691.7M
YoY Change -205.25% -326.92%
Interest Expense -$776.8M $857.2M
YoY Change -190.62% -464.46%
% of Operating Profit -106.7%
Other Income/Expense, Net
YoY Change
Pretax Income -$39.46M $177.6M
YoY Change -122.22% 117.99%
Income Tax -$9.453M $36.65M
% Of Pretax Income 20.63%
Net Earnings -$30.01M $141.0M
YoY Change -121.29% 161.34%
Net Earnings / Revenue -3.0% 118.58%
Basic Earnings Per Share -$0.33 $1.57
Diluted Earnings Per Share -$0.33 $1.55
COMMON SHARES
Basic Shares Outstanding 90.88M shares 90.02M shares
Diluted Shares Outstanding 91.74M shares 91.14M shares

Balance Sheet

Concept 2019 Q1 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.116B $723.8M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $51.45B $48.81B
YoY Change 5.41% 8.47%
Other Assets $152.0M $160.0M
YoY Change -5.0% 25.98%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $64.48B $61.30B
YoY Change 5.19% 6.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
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 $72.00M
YoY Change 260.0%
LONG-TERM LIABILITIES
Long-Term Debt $738.0M $737.0M
YoY Change 0.14% 0.14%
Other Long-Term Liabilities $1.299B $1.456B
YoY Change -10.78% 6.9%
Total Long-Term Liabilities $2.037B $2.193B
YoY Change -7.11% 4.53%
TOTAL LIABILITIES
Total Short-Term Liabilities $72.00M
Total Long-Term Liabilities $2.037B $2.193B
Total Liabilities $61.54B $58.75B
YoY Change 4.75% 6.61%
SHAREHOLDERS EQUITY
Retained Earnings $1.520B $1.258B
YoY Change 20.81% 9.67%
Common Stock $90.78M $89.98M
YoY Change 0.89% 1.53%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 1.458M shares 1.814M shares
Shareholders Equity $2.940B $2.547B
YoY Change
Total Liabilities & Shareholders Equity $64.48B $61.30B
YoY Change 5.19% 6.52%

Cashflow Statement

Concept 2019 Q1 2018 Q1
OPERATING ACTIVITIES
Net Income -$30.01M $141.0M
YoY Change -121.29% 161.34%
Depreciation, Depletion And Amortization $45.13M $140.6M
YoY Change -67.91% 56.83%
Cash From Operating Activities $1.112B -$443.2M
YoY Change -350.91% -188.98%
INVESTING ACTIVITIES
Capital Expenditures $720.0K $1.099M
YoY Change -34.49% -21.61%
Acquisitions
YoY Change
Other Investing Activities -$924.4M -$660.2M
YoY Change 40.02% 27.3%
Cash From Investing Activities -$925.1M -$661.3M
YoY Change 39.89% 27.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $112.0K $4.516M
YoY Change -97.52% 21.5%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $584.6M $394.2M
YoY Change 48.29% -2.29%
NET CHANGE
Cash From Operating Activities $1.112B -$443.2M
Cash From Investing Activities -$925.1M -$661.3M
Cash From Financing Activities $584.6M $394.2M
Net Change In Cash $771.5M -$710.3M
YoY Change -208.62% -286.18%
FREE CASH FLOW
Cash From Operating Activities $1.112B -$443.2M
Capital Expenditures $720.0K $1.099M
Free Cash Flow $1.111B -$444.3M
YoY Change -350.13% -189.45%

Facts In Submission

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CY2019Q1 us-gaap Derivative Assets
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200000000 USD
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384469000 USD
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384469000 USD
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66000 USD
CY2019Q1 us-gaap Equity Method Investment Dividends Or Distributions
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0 USD
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0 USD
CY2019Q1 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
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0 USD
CY2018Q4 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
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0 USD
CY2019Q1 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
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0 USD
CY2018Q4 us-gaap Fair Value Liabilities Level1 To Level2 Transfers Amount
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0 USD
CY2019Q1 us-gaap Fair Value Liabilities Level1 To Level2 Transfers Amount
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0 USD
CY2018Q4 us-gaap Fair Value Liabilities Level2 To Level1 Transfers Amount
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0 USD
CY2019Q1 us-gaap Fair Value Liabilities Level2 To Level1 Transfers Amount
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0 USD
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0 USD
CY2019Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
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0 USD
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0 USD
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0 USD
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CY2019Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
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CY2018Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
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0 USD
CY2019Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
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0 USD
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652642000 USD
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549153000 USD
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58008000 USD
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CY2018Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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CY2018Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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CY2019Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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0 USD
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384381000 USD
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3924000 USD
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1021000 USD
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71000 USD
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17000 USD
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1024000 USD
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1253000 USD
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1247000 USD
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1415000 USD
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0 USD
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21000 USD
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2509000 USD
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1021000 USD
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50000 USD
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17000 USD
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1024000 USD
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1253000 USD
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1247000 USD
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907000 USD
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177611000 USD
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424890000 USD
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25511000 USD
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28735000 USD
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0 USD
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321009000 USD
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96562000 USD
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108420000 USD
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37906000 USD
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1856000 USD
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2049000 USD
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470000 USD
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5001000 USD
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3757000 USD
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2009000 USD
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150490000 USD
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339000 USD
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0 USD
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907000 USD
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157066000 USD
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175398000 USD
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175398000 USD
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3900000 USD
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0 USD
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907000 USD
CY2019Q1 us-gaap Other Than Temporary Impairment Loss Debt Securities Portion Recognized In Earnings
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