2012 Form 10-K Financial Statement
#000119312513078379 Filed on February 27, 2013
Income Statement
| Concept | 2012 | 2011 | 2010 |
|---|---|---|---|
| Revenue | $2.429B | $2.723B | $2.628B |
| YoY Change | -10.81% | 3.63% | -5.47% |
| Cost Of Revenue | $1.835B | $2.072B | $2.042B |
| YoY Change | -11.46% | 1.49% | -5.43% |
| Gross Profit | $593.9M | $650.9M | $586.1M |
| YoY Change | -8.76% | 11.06% | -5.62% |
| Gross Profit Margin | 24.45% | 23.9% | 22.3% |
| Selling, General & Admin | $364.9M | $453.5M | -$488.0M |
| YoY Change | -19.54% | -192.93% | -190.05% |
| % of Gross Profit | 61.44% | 69.67% | -83.26% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $112.7M | $113.8M | $143.3M |
| YoY Change | -0.97% | -20.59% | -2.38% |
| % of Gross Profit | 18.98% | 17.48% | 24.45% |
| Operating Expenses | $364.9M | $453.5M | $11.20M |
| YoY Change | -19.54% | 3949.11% | -97.93% |
| Operating Profit | $271.2M | $239.8M | $87.50M |
| YoY Change | 13.09% | 174.06% | 10.62% |
| Interest Expense | $5.700M | $8.800M | $31.50M |
| YoY Change | -35.23% | -72.06% | 41.26% |
| % of Operating Profit | 2.1% | 3.67% | 36.0% |
| Other Income/Expense, Net | -$100.0K | $100.0K | -$900.0K |
| YoY Change | -200.0% | -111.11% | -139.13% |
| Pretax Income | $234.6M | $193.8M | $572.3M |
| YoY Change | 21.05% | -66.14% | 661.04% |
| Income Tax | $76.00M | $81.00M | $58.00M |
| % Of Pretax Income | 32.4% | 41.8% | 10.13% |
| Net Earnings | $131.3M | $112.4M | $510.2M |
| YoY Change | 16.81% | -77.97% | 556.63% |
| Net Earnings / Revenue | 5.41% | 4.13% | 19.42% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $2.207M | $1.912M | $8.766M |
| COMMON SHARES | |||
| Basic Shares Outstanding | 58.30M | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2012 | 2011 | 2010 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $336.4M | $480.6M | $315.8M |
| YoY Change | -30.0% | 52.18% | -44.55% |
| Cash & Equivalents | $336.4M | $480.6M | $315.8M |
| Short-Term Investments | |||
| Other Short-Term Assets | $92.20M | $107.8M | $56.20M |
| YoY Change | -14.47% | 91.81% | -21.4% |
| Inventory | $369.8M | $376.1M | $398.5M |
| Prepaid Expenses | |||
| Receivables | $192.5M | $211.8M | $222.0M |
| Other Receivables | $29.00M | $33.00M | $28.20M |
| Total Short-Term Assets | $1.020B | $1.209B | $1.021B |
| YoY Change | -15.66% | 18.48% | -23.35% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $1.005B | $887.9M | $854.9M |
| YoY Change | 13.19% | 3.86% | -8.0% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $133.5M | $141.0M | $188.6M |
| YoY Change | -5.32% | -25.24% | -3.08% |
| Other Assets | $168.2M | $214.9M | $302.1M |
| YoY Change | -21.73% | -28.86% | 18.75% |
| Total Long-Term Assets | $1.834B | $1.785B | $1.902B |
| YoY Change | 2.74% | -6.12% | -3.52% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $1.020B | $1.209B | $1.021B |
| Total Long-Term Assets | $1.834B | $1.785B | $1.902B |
| Total Assets | $2.854B | $2.995B | $2.922B |
| YoY Change | -4.69% | 2.47% | -11.51% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $216.7M | $209.0M | $169.5M |
| YoY Change | 3.68% | 23.3% | 6.2% |
| Accrued Expenses | $81.60M | $91.90M | $170.8M |
| YoY Change | -11.21% | -46.19% | 12.81% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $2.000M | $25.00M |
| YoY Change | -100.0% | -92.0% | 24900.0% |
| Long-Term Debt Due | $33.00M | $18.10M | $10.30M |
| YoY Change | 82.32% | 75.73% | -74.25% |
| Total Short-Term Liabilities | $384.7M | $386.2M | $382.9M |
| YoY Change | -0.39% | 0.86% | 7.16% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $1.038B | $822.9M | $839.6M |
| YoY Change | 26.14% | -1.99% | 94.13% |
| Other Long-Term Liabilities | $646.3M | $594.4M | $585.0M |
| YoY Change | 8.73% | 1.61% | -1.96% |
| Total Long-Term Liabilities | $1.684B | $1.417B | $1.425B |
| YoY Change | 18.84% | -0.51% | 38.42% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $384.7M | $386.2M | $382.9M |
| Total Long-Term Liabilities | $1.684B | $1.417B | $1.425B |
| Total Liabilities | $2.135B | $1.865B | $1.832B |
| YoY Change | 14.52% | 1.8% | 30.52% |
| 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 | $719.1M | $1.130B | $1.091B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $2.854B | $2.995B | $2.922B |
| YoY Change | -4.69% | 2.47% | -11.51% |
Cashflow Statement
| Concept | 2012 | 2011 | 2010 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $131.3M | $112.4M | $510.2M |
| YoY Change | 16.81% | -77.97% | 556.63% |
| Depreciation, Depletion And Amortization | $112.7M | $113.8M | $143.3M |
| YoY Change | -0.97% | -20.59% | -2.38% |
| Cash From Operating Activities | $220.0M | $199.7M | $191.8M |
| YoY Change | 10.17% | 4.12% | -26.29% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$198.8M | -$150.6M | -$92.70M |
| YoY Change | 32.01% | 62.46% | -11.8% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $106.9M | $141.1M | $50.30M |
| YoY Change | -24.24% | 180.52% | -21.53% |
| Cash From Investing Activities | -$91.90M | -$9.500M | -$42.40M |
| YoY Change | 867.37% | -77.59% | 3.41% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -273.7M | -28.80M | -409.0M |
| YoY Change | 850.35% | -92.96% | 1431.84% |
| NET CHANGE | |||
| Cash From Operating Activities | 220.0M | 199.7M | 191.8M |
| Cash From Investing Activities | -91.90M | -9.500M | -42.40M |
| Cash From Financing Activities | -273.7M | -28.80M | -409.0M |
| Net Change In Cash | -145.6M | 161.4M | -259.6M |
| YoY Change | -190.21% | -162.17% | -234.86% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $220.0M | $199.7M | $191.8M |
| Capital Expenditures | -$198.8M | -$150.6M | -$92.70M |
| Free Cash Flow | $418.8M | $350.3M | $284.5M |
| YoY Change | 19.55% | 23.13% | -22.12% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2010 | us-gaap |
Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
|
3800000 | |
| CY2011 | us-gaap |
Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
|
-22100000 | |
| CY2012 | us-gaap |
Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
|
-30100000 | |
| CY2010 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
87500000 | |
| CY2011 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
239800000 | |
| CY2012 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
271200000 |
