2017 Q4 Form 10-Q Financial Statement

#000003877718000018 Filed on January 30, 2018

View on sec.gov

Income Statement

Concept 2017 Q4 2016 Q4
Revenue $1.616B $1.561B
YoY Change 3.5% -11.22%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $617.5M $581.6M
YoY Change 6.17% -14.47%
% of Gross Profit
Research & Development $55.00M $51.70M
YoY Change 6.38% 0.98%
% of Gross Profit
Depreciation & Amortization $20.90M $19.90M
YoY Change 5.03% -11.95%
% of Gross Profit
Operating Expenses $1.034B $973.9M
YoY Change 6.21% -11.82%
Operating Profit $581.1M $586.9M
YoY Change -0.99% -10.21%
Interest Expense $10.80M $13.30M
YoY Change -18.8% 10.83%
% of Operating Profit 1.86% 2.27%
Other Income/Expense, Net $70.50M $32.80M
YoY Change 114.94% 77.3%
Pretax Income $651.6M $619.7M
YoY Change 5.15% -7.8%
Income Tax $1.224B $200.9M
% Of Pretax Income 187.77% 32.42%
Net Earnings -$583.3M $440.2M
YoY Change -232.51% -1.7%
Net Earnings / Revenue -36.11% 28.2%
Basic Earnings Per Share -$1.06 $0.77
Diluted Earnings Per Share -$1.06 $0.77
COMMON SHARES
Basic Shares Outstanding 550.7M shares 565.1M shares
Diluted Shares Outstanding 550.7M shares 565.2M shares

Balance Sheet

Concept 2017 Q4 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.970B $8.455B
YoY Change 6.09% 2.25%
Cash & Equivalents $8.970B $8.455B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $1.099B $930.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $10.07B $9.385B
YoY Change 7.29% 2.76%
LONG-TERM ASSETS
Property, Plant & Equipment $516.6M $512.5M
YoY Change 0.8% 1.06%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $922.0M $816.0M
YoY Change 12.99% 16.29%
Other Assets
YoY Change
Total Long-Term Assets $8.005B $6.825B
YoY Change 17.29% -2.81%
TOTAL ASSETS
Total Short-Term Assets $10.07B $9.385B
Total Long-Term Assets $8.005B $6.825B
Total Assets $18.07B $16.21B
YoY Change 11.5% 0.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $381.0M $215.0M
YoY Change 77.21% -6.11%
Accrued Expenses $211.0M $192.0M
YoY Change 9.9% -8.57%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.028B $713.0M
YoY Change 184.43% -3.78%
LONG-TERM LIABILITIES
Long-Term Debt $1.096B $1.735B
YoY Change -36.83% -18.16%
Other Long-Term Liabilities $537.0M $523.0M
YoY Change 2.68% -10.29%
Total Long-Term Liabilities $1.633B $2.258B
YoY Change -27.68% -16.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.028B $713.0M
Total Long-Term Liabilities $1.633B $2.258B
Total Liabilities $3.786B $3.122B
YoY Change 21.26% -15.19%
SHAREHOLDERS EQUITY
Retained Earnings $11.97B $12.33B
YoY Change -2.89% 2.16%
Common Stock $55.20M $56.60M
YoY Change -2.47% -4.87%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $11.76B $11.96B
YoY Change
Total Liabilities & Shareholders Equity $18.07B $16.21B
YoY Change 11.5% 0.34%

Cashflow Statement

Concept 2017 Q4 2016 Q4
OPERATING ACTIVITIES
Net Income -$583.3M $440.2M
YoY Change -232.51% -1.7%
Depreciation, Depletion And Amortization $20.90M $19.90M
YoY Change 5.03% -11.95%
Cash From Operating Activities $320.4M $446.2M
YoY Change -28.19% 51.15%
INVESTING ACTIVITIES
Capital Expenditures $19.20M $12.80M
YoY Change 50.0% -32.98%
Acquisitions
YoY Change
Other Investing Activities -$39.40M $3.600M
YoY Change -1194.44% -96.68%
Cash From Investing Activities -$58.60M -$58.40M
YoY Change 0.34% -165.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $198.7M $256.2M
YoY Change -22.44% -32.84%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$51.10M -$365.9M
YoY Change -86.03% -21.04%
NET CHANGE
Cash From Operating Activities $320.4M $446.2M
Cash From Investing Activities -$58.60M -$58.40M
Cash From Financing Activities -$51.10M -$365.9M
Net Change In Cash $210.7M $21.90M
YoY Change 862.1% -127.72%
FREE CASH FLOW
Cash From Operating Activities $320.4M $446.2M
Capital Expenditures $19.20M $12.80M
Free Cash Flow $301.2M $433.4M
YoY Change -30.5% 56.97%

Facts In Submission

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19200000 USD
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166000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
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CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
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CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
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CY2016Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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100000 shares
CY2017Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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CY2016Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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WeightedAverageNumberOfDilutedSharesOutstanding
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CY2016Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
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565100000 shares
CY2017Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
550700000 shares

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