2018 Q4 Form 10-Q Financial Statement

#000162828018013522 Filed on November 05, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue $247.4M $289.1M $288.4M
YoY Change -30.55% 0.24% -14.03%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $210.1M $213.1M $231.4M
YoY Change -28.95% -7.91% -13.3%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.300M $1.300M $3.700M
YoY Change -64.86% -64.86% -59.78%
% of Gross Profit
Operating Expenses $215.9M $227.2M $254.1M
YoY Change -30.58% -10.6% -10.32%
Operating Profit
YoY Change
Interest Expense -$13.30M $37.90M $56.60M
YoY Change -118.95% -33.04% 12.52%
% of Operating Profit
Other Income/Expense, Net -$12.68M $38.75M $54.15M
YoY Change -117.41% -28.43% -26.17%
Pretax Income $18.88M $52.34M $88.42M
YoY Change -86.21% -40.8% -29.5%
Income Tax $2.500M $5.131M $4.552M
% Of Pretax Income 13.24% 9.8% 5.15%
Net Earnings $11.94M $15.91M $27.84M
YoY Change -69.85% -42.85% -35.72%
Net Earnings / Revenue 4.82% 5.5% 9.65%
Basic Earnings Per Share
Diluted Earnings Per Share $117.1K $161.1K $338.2K
COMMON SHARES
Basic Shares Outstanding 101.5M shares 98.40M shares 82.15M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $495.0M $883.0M $986.0M
YoY Change -26.67% -10.45% 79.27%
Cash & Equivalents $110.2M $122.2M $986.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $998.0M
Other Receivables $36.00M
Total Short-Term Assets $556.0M $995.0M $2.020B
YoY Change -25.77% -50.74% 60.44%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $143.8M $143.8M $143.9M
YoY Change -0.08% -0.04%
Intangibles
YoY Change
Long-Term Investments $8.999B $8.931B $5.500B
YoY Change 23.16% 62.38% 52.35%
Other Assets $42.00M $16.00M $37.00M
YoY Change 425.0% -56.76%
Total Long-Term Assets $9.599B $9.427B $5.999B
YoY Change 22.83% 57.12% 47.77%
TOTAL ASSETS
Total Short-Term Assets $556.0M $995.0M $2.020B
Total Long-Term Assets $9.599B $9.427B $5.999B
Total Assets $10.15B $10.42B $8.019B
YoY Change 18.58% 29.95% 50.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $642.0M $688.0M $780.0M
YoY Change -21.9% -11.79% 49.71%
Accrued Expenses $29.00M $127.0M $134.0M
YoY Change 3.57% -5.22% 2.29%
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 $1.225B $872.0M $1.412B
YoY Change -1.13% -38.24% 65.34%
LONG-TERM LIABILITIES
Long-Term Debt $7.368B $7.369B $5.084B
YoY Change 28.86% 44.94% 71.29%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $7.368B $7.369B $5.084B
YoY Change 28.86% 44.94% 69.02%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.225B $872.0M $1.412B
Total Long-Term Liabilities $7.368B $7.369B $5.084B
Total Liabilities $8.760B $8.930B $6.642B
YoY Change 23.33% 34.46% 40.0%
SHAREHOLDERS EQUITY
Retained Earnings -$29.34M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $587.9M $294.3M $270.9M
YoY Change
Total Liabilities & Shareholders Equity $10.15B $10.42B $8.019B
YoY Change 18.58% 29.95% 50.77%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $11.94M $15.91M $27.84M
YoY Change -69.85% -42.85% -35.72%
Depreciation, Depletion And Amortization $1.300M $1.300M $3.700M
YoY Change -64.86% -64.86% -59.78%
Cash From Operating Activities $306.1M -$435.6M -$888.1M
YoY Change -145.63% -50.95% 170.43%
INVESTING ACTIVITIES
Capital Expenditures -$4.000M -$7.300M -$6.700M
YoY Change -24.53% 8.96% 131.03%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$4.000M -$7.300M -$6.700M
YoY Change -24.53% 8.96% 131.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -327.7M 439.9M 943.5M
YoY Change -154.31% -53.38% 133.71%
NET CHANGE
Cash From Operating Activities 306.1M -435.6M -888.1M
Cash From Investing Activities -4.000M -7.300M -6.700M
Cash From Financing Activities -327.7M 439.9M 943.5M
Net Change In Cash -25.60M -3.000M 48.70M
YoY Change -64.79% -106.16% -32.73%
FREE CASH FLOW
Cash From Operating Activities $306.1M -$435.6M -$888.1M
Capital Expenditures -$4.000M -$7.300M -$6.700M
Free Cash Flow $310.1M -$428.3M -$881.4M
YoY Change -146.6% -51.41% 170.78%

Facts In Submission

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<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>

Files In Submission

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