2020 Q4 Form 10-Q Financial Statement

#000003877721000029 Filed on February 02, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2019 Q4
Revenue $1.995B $1.413B
YoY Change 41.23% 0.09%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $630.1M $525.1M
YoY Change 20.0% -5.03%
% of Gross Profit
Research & Development $116.5M $62.50M
YoY Change 86.4% 2.63%
% of Gross Profit
Depreciation & Amortization $21.80M $22.00M
YoY Change -0.91% 8.37%
% of Gross Profit
Operating Expenses $1.586B $1.016B
YoY Change 56.06% 1.63%
Operating Profit $409.1M $372.9M
YoY Change 9.71% -9.38%
Interest Expense $29.70M $6.100M
YoY Change 386.89% -4.69%
% of Operating Profit 7.26% 1.64%
Other Income/Expense, Net $128.2M $72.70M
YoY Change 76.34% -210.99%
Pretax Income $537.3M $445.6M
YoY Change 20.58% 28.79%
Income Tax $142.5M $97.50M
% Of Pretax Income 26.52% 21.88%
Net Earnings $345.3M $350.5M
YoY Change -1.48% 27.04%
Net Earnings / Revenue 17.31% 24.81%
Basic Earnings Per Share $0.67 $0.70
Diluted Earnings Per Share $0.67 $0.70
COMMON SHARES
Basic Shares Outstanding 491.1M shares 494.7M shares
Diluted Shares Outstanding 491.7M shares 495.3M shares

Balance Sheet

Concept 2020 Q4 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.420B $5.976B
YoY Change -26.04% -10.26%
Cash & Equivalents $4.458B $5.976B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $1.230B $788.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $5.650B $6.764B
YoY Change -16.47% -9.39%
LONG-TERM ASSETS
Property, Plant & Equipment $800.5M $691.9M
YoY Change 15.7% 27.82%
Goodwill $4.515B
YoY Change
Intangibles $4.867B
YoY Change
Long-Term Investments $699.7M $970.7M
YoY Change -27.92% 18.41%
Other Assets
YoY Change
Total Long-Term Assets $15.58B $8.238B
YoY Change 89.12% 27.02%
TOTAL ASSETS
Total Short-Term Assets $5.650B $6.764B
Total Long-Term Assets $15.58B $8.238B
Total Assets $21.23B $15.00B
YoY Change 41.51% 7.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $609.0M $253.0M
YoY Change 140.71% 21.05%
Accrued Expenses $1.573B $672.0M
YoY Change 134.08% 206.85%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $99.00M
YoY Change -100.0% 200.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.021B $2.053B
YoY Change 47.15% 22.79%
LONG-TERM LIABILITIES
Long-Term Debt $5.130B $697.0M
YoY Change 636.01% -0.14%
Other Long-Term Liabilities $744.0M $495.0M
YoY Change 50.3% 12.76%
Total Long-Term Liabilities $5.874B $1.192B
YoY Change 392.79% 4.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.021B $2.053B
Total Long-Term Liabilities $5.874B $1.192B
Total Liabilities $9.193B $3.377B
YoY Change 172.24% 14.8%
SHAREHOLDERS EQUITY
Retained Earnings $10.67B $10.41B
YoY Change 2.47% 3.17%
Common Stock $50.50M $49.80M
YoY Change 1.41% -2.54%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $10.40B $10.08B
YoY Change
Total Liabilities & Shareholders Equity $21.23B $15.00B
YoY Change 41.51% 7.54%

Cashflow Statement

Concept 2020 Q4 2019 Q4
OPERATING ACTIVITIES
Net Income $345.3M $350.5M
YoY Change -1.48% 27.04%
Depreciation, Depletion And Amortization $21.80M $22.00M
YoY Change -0.91% 8.37%
Cash From Operating Activities $291.2M $31.70M
YoY Change 818.61% -87.56%
INVESTING ACTIVITIES
Capital Expenditures $13.60M $25.70M
YoY Change -47.08% 0.0%
Acquisitions $0.00 $1.000M
YoY Change -100.0%
Other Investing Activities -$508.2M -$3.900M
YoY Change 12930.77% -94.69%
Cash From Investing Activities -$811.6M -$29.60M
YoY Change 2641.89% -70.13%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $45.10M $121.4M
YoY Change -62.85% -62.23%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $960.8M -$9.300M
YoY Change -10431.18% -97.65%
NET CHANGE
Cash From Operating Activities $291.2M $31.70M
Cash From Investing Activities -$811.6M -$29.60M
Cash From Financing Activities $960.8M -$9.300M
Net Change In Cash $468.1M $18.70M
YoY Change 2403.21% -107.78%
FREE CASH FLOW
Cash From Operating Activities $291.2M $31.70M
Capital Expenditures $13.60M $25.70M
Free Cash Flow $277.6M $6.000M
YoY Change 4526.67% -97.38%

Facts In Submission

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Investments
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