2018 Q2 Form 10-Q Financial Statement
#000162828018006007 Filed on May 07, 2018
Income Statement
Concept | 2018 Q2 | 2018 Q1 | 2017 Q1 |
---|---|---|---|
Revenue | $332.1M | $226.0M | $244.2M |
YoY Change | -41.95% | -7.47% | 79.57% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $182.5M | $201.7M | $207.1M |
YoY Change | -58.38% | -2.61% | 69.75% |
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $3.400M | $3.300M | $5.300M |
YoY Change | -34.62% | -37.74% | -45.36% |
% of Gross Profit | |||
Operating Expenses | $221.0M | $206.3M | $491.5M |
YoY Change | -50.69% | -58.03% | 279.4% |
Operating Profit | |||
YoY Change | |||
Interest Expense | $69.90M | $2.600M | $40.10M |
YoY Change | -697.44% | -93.52% | -293.72% |
% of Operating Profit | |||
Other Income/Expense, Net | $67.93M | $2.240M | $56.64M |
YoY Change | -861.5% | -96.04% | -466.55% |
Pretax Income | $51.07M | $62.05M | -$190.6M |
YoY Change | -55.62% | -132.56% | 2023.78% |
Income Tax | $36.90M | -$12.38M | -$34.26M |
% Of Pretax Income | 72.26% | -19.94% | |
Net Earnings | -$11.78M | $40.95M | -$41.13M |
YoY Change | -123.61% | -199.55% | 1231.2% |
Net Earnings / Revenue | -3.55% | 18.12% | -16.84% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$119.2K | $431.0K | -$506.8K |
COMMON SHARES | |||
Basic Shares Outstanding | 97.52M shares | 82.76M shares | 81.12M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2018 Q2 | 2018 Q1 | 2017 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $962.0M | $648.0M | $450.0M |
YoY Change | 71.17% | 44.0% | 92.31% |
Cash & Equivalents | $962.0M | $648.0M | $450.0M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | $809.0M | ||
Other Receivables | $53.00M | ||
Total Short-Term Assets | $1.202B | $744.0M | $1.312B |
YoY Change | -29.46% | -43.29% | 59.42% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | $143.8M | $144.0M | $143.8M |
YoY Change | 0.02% | 0.15% | |
Intangibles | |||
YoY Change | |||
Long-Term Investments | $8.434B | $7.291B | $3.894B |
YoY Change | 108.76% | 87.24% | 27.71% |
Other Assets | $43.00M | $51.00M | $44.00M |
YoY Change | 10.26% | 15.91% | |
Total Long-Term Assets | $8.943B | $7.816B | $4.406B |
YoY Change | 96.96% | 77.39% | 25.42% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.202B | $744.0M | $1.312B |
Total Long-Term Assets | $8.943B | $7.816B | $4.406B |
Total Assets | $10.14B | $8.560B | $5.718B |
YoY Change | 62.46% | 49.7% | 31.88% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $731.0M | $856.0M | $631.0M |
YoY Change | -13.49% | 35.66% | 59.75% |
Accrued Expenses | $87.00M | $50.00M | $56.00M |
YoY Change | -2.25% | -10.71% | 0.0% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $1.036B | $1.166B | $397.0M |
YoY Change | -12.94% | 193.7% | -29.23% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $6.842B | $5.668B | $3.512B |
YoY Change | 85.52% | 61.39% | 32.43% |
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $6.842B | $5.668B | $3.512B |
YoY Change | 85.52% | 61.39% | 31.44% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.036B | $1.166B | $397.0M |
Total Long-Term Liabilities | $6.842B | $5.668B | $3.512B |
Total Liabilities | $8.609B | $6.995B | $4.540B |
YoY Change | 72.33% | 54.06% | 11.23% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | |||
YoY Change | |||
Common Stock | |||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $343.2M | $373.2M | $230.5M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $10.14B | $8.560B | $5.718B |
YoY Change | 62.46% | 49.7% | 31.88% |
Cashflow Statement
Concept | 2018 Q2 | 2018 Q1 | 2017 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$11.78M | $40.95M | -$41.13M |
YoY Change | -123.61% | -199.55% | 1231.2% |
Depreciation, Depletion And Amortization | $3.400M | $3.300M | $5.300M |
YoY Change | -34.62% | -37.74% | -45.36% |
Cash From Operating Activities | -$1.368B | $80.51M | -$291.8M |
YoY Change | 10933.06% | -127.59% | 1055.8% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$4.200M | $2.857M | $10.25M |
YoY Change | -61.47% | -72.13% | 266.27% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$4.200M | -$2.857M | -$10.25M |
YoY Change | -61.47% | -72.13% | 266.27% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 1.379B | -$85.65M | $60.78M |
YoY Change | 2815.01% | -240.92% | 249.68% |
NET CHANGE | |||
Cash From Operating Activities | -1.368B | $80.51M | -$291.8M |
Cash From Investing Activities | -4.200M | -$2.857M | -$10.25M |
Cash From Financing Activities | 1.379B | -$85.65M | $60.78M |
Net Change In Cash | 6.500M | -$8.002M | -$241.3M |
YoY Change | -72.92% | -96.68% | 2162.42% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.368B | $80.51M | -$291.8M |
Capital Expenditures | -$4.200M | $2.857M | $10.25M |
Free Cash Flow | -$1.364B | $77.65M | -$302.1M |
YoY Change | 90826.67% | -125.71% | 977.01% |
Facts In Submission
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---|---|---|---|---|
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Deferred Tax Assets Liabilities Resulting From Allocation Of Contributions
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Distributed Earnings Loss Allocated To Participating Securities Basic
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|
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Distributed Earnings Loss Allocated To Participating Securities Diluted
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825000 | USD |
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Distributed Earnings Loss Allocated To Participating Securities Diluted
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Distributions By Subsidiary
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|
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Finite Lived Intangible Assets Fully Amortized And Written Off
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Finite Lived Intangible Assets Net Of Foreign Currency Translation
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Finite Lived Intangible Assets Net Of Foreign Currency Translation
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Reallocation Of Partners Capital For Change In Ownership Interests
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Tax Cuts And Jobs Act Of2017 Reclassification From Aoci To Retained Earnings Tax Effect
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Unfunded Capital Commitments
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Preferred Stock Dividends Income Statement Impact
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Preferred Stock Redemption Price Per Share
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Revenues
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Revenues
Revenues
|
266089000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
274857000 | USD |
CY2018Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
373234000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1460292000 | USD |
CY2018Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1565195000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest Adjusted Balance1
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1
|
1437681000 | USD |
CY2017Q1 | us-gaap |
Undistributed Earnings
UndistributedEarnings
|
-47384000 | USD |
CY2018Q1 | us-gaap |
Undistributed Earnings
UndistributedEarnings
|
33624000 | USD |
CY2017Q1 | us-gaap |
Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
|
81106734 | shares |
CY2018Q1 | us-gaap |
Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
|
85617932 | shares |
CY2017Q1 | us-gaap |
Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
|
81106734 | shares |
CY2018Q1 | us-gaap |
Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
|
213852928 | shares |
CY2018Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has reclassified certain prior period amounts to conform to the current year presentation.</font></div></div> |