2011 Q4 Form 10-K Financial Statement

#000119312513080129 Filed on February 27, 2013

View on sec.gov

Income Statement

Concept 2011 Q4 2011 Q3 2011 Q2
Revenue $475.8M $412.0M $405.3M
YoY Change 28.53% 9.17% 8.08%
Cost Of Revenue $320.8M $293.3M $293.4M
YoY Change 26.35% 8.55% 12.5%
Gross Profit $155.0M $118.7M $111.9M
YoY Change 33.28% 10.73% -2.01%
Gross Profit Margin 32.58% 28.81% 27.61%
Selling, General & Admin $106.2M $92.20M $85.10M
YoY Change 23.49% 12.58% 1.55%
% of Gross Profit 68.52% 77.67% 76.05%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.80M $11.40M $11.00M
YoY Change 20.0% 14.0% 19.57%
% of Gross Profit 8.9% 9.6% 9.83%
Operating Expenses $105.1M $92.20M $85.10M
YoY Change 24.38% 12.17% 0.12%
Operating Profit $49.90M $39.90M $49.30M
YoY Change 56.92% 59.6% 68.84%
Interest Expense -$2.900M $2.500M $2.100M
YoY Change 52.63% -247.06% -231.25%
% of Operating Profit -5.81% 6.27% 4.26%
Other Income/Expense, Net $15.80M $5.100M
YoY Change
Pretax Income $47.00M $39.80M $41.00M
YoY Change 57.72% 70.82% -721.21%
Income Tax $15.50M $12.90M $12.40M
% Of Pretax Income 32.98% 32.41% 30.24%
Net Earnings $32.10M $182.3M $50.30M
YoY Change -3.89% 469.69% 203.01%
Net Earnings / Revenue 6.75% 44.25% 12.41%
Basic Earnings Per Share $0.69 $3.94 $1.09
Diluted Earnings Per Share $0.69 $3.91 $1.08
COMMON SHARES
Basic Shares Outstanding 46.22M shares 46.19M shares
Diluted Shares Outstanding 46.64M shares 46.65M shares

Balance Sheet

Concept 2011 Q4 2011 Q3 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $625.8M $595.3M $108.2M
YoY Change 426.32% 445.65% 15.11%
Cash & Equivalents $463.4M $440.6M $108.2M
Short-Term Investments $162.4M $154.7M
Other Short-Term Assets $21.50M $85.90M $393.7M
YoY Change -93.22% 12.58% 432.75%
Inventory $168.4M $176.7M $161.6M
Prepaid Expenses
Receivables $368.4M $369.5M $327.7M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.209B $1.227B $991.2M
YoY Change 34.9% 40.05% 17.79%
LONG-TERM ASSETS
Property, Plant & Equipment $315.3M $308.7M $266.3M
YoY Change 22.02% -23.04% -31.86%
Goodwill $433.8M $111.4M
YoY Change 33.97%
Intangibles $352.7M
YoY Change
Long-Term Investments
YoY Change
Other Assets $38.50M $39.10M $455.9M
YoY Change -92.68% -13.88% 785.24%
Total Long-Term Assets $1.140B $1.131B $1.152B
YoY Change -6.12% 0.1% 2.33%
TOTAL ASSETS
Total Short-Term Assets $1.209B $1.227B $991.2M
Total Long-Term Assets $1.140B $1.131B $1.152B
Total Assets $2.349B $2.359B $2.143B
YoY Change 11.3% 17.55% 8.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $302.5M $276.3M $258.3M
YoY Change 15.02% -18.21% -29.94%
Accrued Expenses $74.10M $124.3M $87.70M
YoY Change -18.12% -3.04% -25.87%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due $18.60M $18.60M $18.60M
YoY Change 0.0% -11.85% -11.85%
Total Short-Term Liabilities $512.3M $619.7M $535.9M
YoY Change -4.56% -9.64% -20.34%
LONG-TERM LIABILITIES
Long-Term Debt $443.0M $376.3M $356.9M
YoY Change 82.76% 285.95% 259.78%
Other Long-Term Liabilities $56.90M $205.3M $280.5M
YoY Change -87.36% -43.19% -24.33%
Total Long-Term Liabilities $499.9M $581.6M $637.4M
YoY Change -27.8% 26.74% 35.65%
TOTAL LIABILITIES
Total Short-Term Liabilities $512.3M $619.7M $535.9M
Total Long-Term Liabilities $499.9M $581.6M $637.4M
Total Liabilities $1.263B $1.235B $1.173B
YoY Change 2.77% 6.14% 1.01%
SHAREHOLDERS EQUITY
Retained Earnings $729.9M
YoY Change
Common Stock $692.9M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $72.40M
YoY Change
Treasury Stock Shares
Shareholders Equity $1.086B $1.124B $969.8M
YoY Change
Total Liabilities & Shareholders Equity $2.349B $2.359B $2.143B
YoY Change 11.3% 17.55% 8.94%

Cashflow Statement

Concept 2011 Q4 2011 Q3 2011 Q2
OPERATING ACTIVITIES
Net Income $32.10M $182.3M $50.30M
YoY Change -3.89% 469.69% 203.01%
Depreciation, Depletion And Amortization $13.80M $11.40M $11.00M
YoY Change 20.0% 14.0% 19.57%
Cash From Operating Activities $128.1M $17.80M -$35.00M
YoY Change 129.16% -2.2% -153.76%
INVESTING ACTIVITIES
Capital Expenditures -$16.80M -$12.40M -$11.90M
YoY Change 3.07% -41.23% 41.67%
Acquisitions
YoY Change
Other Investing Activities -$130.6M $311.4M $1.400M
YoY Change 2191.23% -5204.92% 0.0%
Cash From Investing Activities -$147.4M $299.0M -$10.50M
YoY Change 570.0% -1199.26% 50.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 42.10M 15.60M 29.50M
YoY Change -274.69% -35.27% -167.2%
NET CHANGE
Cash From Operating Activities 128.1M 17.80M -35.00M
Cash From Investing Activities -147.4M 299.0M -10.50M
Cash From Financing Activities 42.10M 15.60M 29.50M
Net Change In Cash 22.80M 332.4M -16.00M
YoY Change 132.65% 2101.32% -212.68%
FREE CASH FLOW
Cash From Operating Activities $128.1M $17.80M -$35.00M
Capital Expenditures -$16.80M -$12.40M -$11.90M
Free Cash Flow $144.9M $30.20M -$23.10M
YoY Change 100.69% -23.16% -131.43%

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