2023 Q1 Form 10-Q Financial Statement

#000095017023017149 Filed on May 03, 2023

View on sec.gov

Income Statement

Concept 2023 Q1
Revenue $603.0M
YoY Change -0.17%
Cost Of Revenue $406.0M
YoY Change 5.73%
Gross Profit $197.0M
YoY Change -10.45%
Gross Profit Margin 32.67%
Selling, General & Admin $79.00M
YoY Change -12.22%
% of Gross Profit 40.1%
Research & Development $12.00M
YoY Change -7.69%
% of Gross Profit 6.09%
Depreciation & Amortization $37.00M
YoY Change 0.0%
% of Gross Profit 18.78%
Operating Expenses $91.00M
YoY Change -11.65%
Operating Profit $83.00M
YoY Change -10.75%
Interest Expense $11.00M
YoY Change -126.19%
% of Operating Profit 13.25%
Other Income/Expense, Net -$3.000M
YoY Change
Pretax Income $91.00M
YoY Change 56.9%
Income Tax -$1.000M
% Of Pretax Income -1.1%
Net Earnings $91.00M
YoY Change -88.42%
Net Earnings / Revenue 15.09%
Basic Earnings Per Share $1.70
Diluted Earnings Per Share $1.67
COMMON SHARES
Basic Shares Outstanding 54.00M
Diluted Shares Outstanding 55.00M

Balance Sheet

Concept 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $399.0M
YoY Change -58.61%
Cash & Equivalents $399.0M
Short-Term Investments
Other Short-Term Assets $107.0M
YoY Change 38.96%
Inventory $730.0M
Prepaid Expenses
Receivables $395.0M
Other Receivables $0.00
Total Short-Term Assets $1.631B
YoY Change -19.46%
LONG-TERM ASSETS
Property, Plant & Equipment $1.351B
YoY Change -2.1%
Goodwill $1.385B
YoY Change -1.35%
Intangibles $940.0M
YoY Change -9.7%
Long-Term Investments
YoY Change
Other Assets $250.0M
YoY Change -6.37%
Total Long-Term Assets $4.552B
YoY Change -4.27%
TOTAL ASSETS
Total Short-Term Assets $1.631B
Total Long-Term Assets $4.552B
Total Assets $6.183B
YoY Change -8.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $246.0M
YoY Change -0.81%
Accrued Expenses $206.0M
YoY Change -61.92%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $472.0M
YoY Change -41.73%
LONG-TERM LIABILITIES
Long-Term Debt $1.328B
YoY Change -0.6%
Other Long-Term Liabilities $280.0M
YoY Change -15.41%
Total Long-Term Liabilities $2.444B
YoY Change -5.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $472.0M
Total Long-Term Liabilities $2.444B
Total Liabilities $2.916B
YoY Change -14.21%
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 $3.267B
YoY Change
Total Liabilities & Shareholders Equity $6.183B
YoY Change -8.81%

Cashflow Statement

Concept 2023 Q1
OPERATING ACTIVITIES
Net Income $91.00M
YoY Change -88.42%
Depreciation, Depletion And Amortization $37.00M
YoY Change 0.0%
Cash From Operating Activities $43.00M
YoY Change -189.58%
INVESTING ACTIVITIES
Capital Expenditures $35.00M
YoY Change -259.09%
Acquisitions
YoY Change
Other Investing Activities $17.00M
YoY Change -98.96%
Cash From Investing Activities -$18.00M
YoY Change -101.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -161.0M
YoY Change -79.85%
NET CHANGE
Cash From Operating Activities 43.00M
Cash From Investing Activities -18.00M
Cash From Financing Activities -161.0M
Net Change In Cash -136.0M
YoY Change -117.69%
FREE CASH FLOW
Cash From Operating Activities $43.00M
Capital Expenditures $35.00M
Free Cash Flow $8.000M
YoY Change -130.77%

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