2014 Q4 Form 10-Q Financial Statement

#000110465914075893 Filed on November 03, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2014 Q2
Revenue $2.032B $2.239B $2.292B
YoY Change 1.78% -1.71% 4.06%
Cost Of Revenue $1.637B $1.807B $1.846B
YoY Change 3.2% -2.14% 2.64%
Gross Profit $395.5M $431.6M $445.5M
YoY Change 14.27% 18.02% 30.26%
Gross Profit Margin 19.46% 19.28% 19.44%
Selling, General & Admin $124.3M $123.1M $111.4M
YoY Change 24.92% 24.34% 8.26%
% of Gross Profit 31.43% 28.52% 25.01%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $71.20M $60.90M $59.10M
YoY Change -6.68% -8.83% -8.09%
% of Gross Profit 18.0% 14.11% 13.27%
Operating Expenses $195.5M $123.1M $111.4M
YoY Change 11.21% 24.34% 8.26%
Operating Profit $200.0M $228.0M $255.9M
YoY Change 17.44% 7.75% 25.75%
Interest Expense -$39.00M $40.10M $40.60M
YoY Change -27.37% -14.32% -45.43%
% of Operating Profit -19.5% 17.59% 15.87%
Other Income/Expense, Net $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Pretax Income $98.30M $187.9M $215.3M
YoY Change -48.67% 14.02% 66.77%
Income Tax $10.30M $39.80M $60.20M
% Of Pretax Income 10.48% 21.18% 27.96%
Net Earnings $76.00M $148.4M $156.3M
YoY Change -38.96% 21.74% 57.72%
Net Earnings / Revenue 3.74% 6.63% 6.82%
Basic Earnings Per Share $1.07 $1.10
Diluted Earnings Per Share $0.27 $1.04 $1.07
COMMON SHARES
Basic Shares Outstanding 136.9M shares 138.0M shares 139.0M shares
Diluted Shares Outstanding 142.1M shares 142.9M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $191.0M $190.0M $155.0M
YoY Change -54.09% 13.1% -8.82%
Cash & Equivalents $191.0M $189.5M $155.3M
Short-Term Investments
Other Short-Term Assets $148.0M $167.2M $162.8M
YoY Change -11.48% -11.72% -27.87%
Inventory $1.017B $972.7M $1.028B
Prepaid Expenses
Receivables $793.0M $934.0M $998.0M
Other Receivables $164.0M $115.9M $75.50M
Total Short-Term Assets $2.314B $2.379B $2.420B
YoY Change -6.35% -1.92% -7.62%
LONG-TERM ASSETS
Property, Plant & Equipment $2.431B $2.371B $2.383B
YoY Change 2.47% 0.47% 3.35%
Goodwill $2.301B $2.385B
YoY Change -3.33% 2.15%
Intangibles $144.7M $153.4M
YoY Change -15.63% -12.99%
Long-Term Investments $33.00M $34.00M $36.00M
YoY Change -2.94% 0.0% 9.09%
Other Assets $339.0M $564.4M $583.2M
YoY Change -41.3% 3.77% 5.06%
Total Long-Term Assets $5.257B $5.236B $5.352B
YoY Change -1.81% -0.9% 2.99%
TOTAL ASSETS
Total Short-Term Assets $2.314B $2.379B $2.420B
Total Long-Term Assets $5.257B $5.236B $5.352B
Total Assets $7.571B $7.615B $7.771B
YoY Change -3.19% -1.22% -0.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.340B $1.251B $1.116B
YoY Change 34.16% 25.27% 17.45%
Accrued Expenses $270.0M $256.0M $217.0M
YoY Change 12.03% 10.34% 5.85%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $175.0M $54.40M $58.10M
YoY Change -52.09% 16.74% 28.54%
Total Short-Term Liabilities $2.007B $2.022B $1.974B
YoY Change 4.13% 28.77% 11.67%
LONG-TERM LIABILITIES
Long-Term Debt $2.994B $3.009B $3.129B
YoY Change -5.92% -11.95% -9.89%
Other Long-Term Liabilities $1.178B $940.0M $1.009B
YoY Change 312.46% 310.48% 360.31%
Total Long-Term Liabilities $4.172B $3.009B $3.129B
YoY Change 20.3% -17.48% -15.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.007B $2.022B $1.974B
Total Long-Term Liabilities $4.172B $3.009B $3.129B
Total Liabilities $6.538B $6.200B $6.365B
YoY Change 2.09% -3.01% -3.68%
SHAREHOLDERS EQUITY
Retained Earnings $4.288B $4.158B
YoY Change 12.63% 12.07%
Common Stock $1.119B $1.106B
YoY Change 4.77% 4.71%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.867B $3.804B
YoY Change 13.14% 13.64%
Treasury Stock Shares 193.8M shares 192.7M shares
Shareholders Equity $1.033B $1.215B $1.207B
YoY Change
Total Liabilities & Shareholders Equity $7.571B $7.615B $7.771B
YoY Change -3.19% -1.22% -0.57%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2014 Q2
OPERATING ACTIVITIES
Net Income $76.00M $148.4M $156.3M
YoY Change -38.96% 21.74% 57.72%
Depreciation, Depletion And Amortization $71.20M $60.90M $59.10M
YoY Change -6.68% -8.83% -8.09%
Cash From Operating Activities $362.5M $440.0M $346.2M
YoY Change -15.24% -11.63% 45.46%
INVESTING ACTIVITIES
Capital Expenditures $140.8M $114.7M $73.90M
YoY Change 104.95% 5.71% -34.25%
Acquisitions
YoY Change
Other Investing Activities -$11.70M -$100.0K $4.900M
YoY Change -204.46% -101.96% 40.0%
Cash From Investing Activities -$152.5M -$114.8M -$69.00M
YoY Change 165.22% 11.03% -36.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -212.0M -289.3M -298.9M
YoY Change 79.66% -26.12% 82.93%
NET CHANGE
Cash From Operating Activities 362.5M 440.0M 346.2M
Cash From Investing Activities -152.5M -114.8M -69.00M
Cash From Financing Activities -212.0M -289.3M -298.9M
Net Change In Cash -2.000M 35.90M -21.70M
YoY Change -100.79% 1137.93% -36.73%
FREE CASH FLOW
Cash From Operating Activities $362.5M $440.0M $346.2M
Capital Expenditures $140.8M $114.7M $73.90M
Free Cash Flow $221.7M $325.3M $272.3M
YoY Change -38.25% -16.46% 116.8%

Facts In Submission

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18800000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
650000000 USD

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