2013 Q4 Form 10-K Financial Statement

#000110121514000058 Filed on February 28, 2014

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2013
Revenue $1.141B $1.096B $4.319B
YoY Change 17.41% 20.29% 18.61%
Cost Of Revenue $681.1M $628.4M $2.549B
YoY Change 18.7% 25.81% 21.01%
Gross Profit $460.0M $468.1M $1.770B
YoY Change 15.58% 13.6% 15.32%
Gross Profit Margin 40.31% 42.69% 40.98%
Selling, General & Admin $24.70M $33.80M $109.1M
YoY Change -22.57% 37.4% 0.93%
% of Gross Profit 5.37% 7.22% 6.16%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $55.20M $54.47M $216.1M
YoY Change 17.45% 30.53% 29.51%
% of Gross Profit 12.0% 11.64% 12.21%
Operating Expenses $210.2M $179.3M $671.0M
YoY Change 15.94% 21.56% 19.74%
Operating Profit $249.7M $288.8M $1.099B
YoY Change 15.23% 9.19% 12.78%
Interest Expense $65.48M $74.02M $305.5M
YoY Change -16.46% -0.47% 4.82%
% of Operating Profit 26.22% 25.63% 27.8%
Other Income/Expense, Net
YoY Change
Pretax Income $184.3M $214.8M $547.8M
YoY Change 33.18% 12.96% 13.82%
Income Tax $66.39M $81.88M $297.2M
% Of Pretax Income 36.03% 38.13% 54.27%
Net Earnings $117.9M $132.9M $496.2M
YoY Change 40.86% 11.21% 17.5%
Net Earnings / Revenue 10.33% 12.12% 11.49%
Basic Earnings Per Share $2.40 $2.73 $10.09
Diluted Earnings Per Share $1.79 $2.01 $7.42
COMMON SHARES
Basic Shares Outstanding 48.71M shares 48.71M shares
Diluted Shares Outstanding 66.02M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2013
SHORT-TERM ASSETS
Cash & Short-Term Investments $970.0M $784.0M $970.0M
YoY Change 8.62% 2.35% 8.62%
Cash & Equivalents $969.8M $784.0M $970.0M
Short-Term Investments
Other Short-Term Assets $177.9M $175.5M
YoY Change 3.98% 12.61%
Inventory $14.60M
Prepaid Expenses
Receivables $394.8M $337.3M $8.465B
Other Receivables $62.00M $51.00M $62.00M
Total Short-Term Assets $10.40B $9.110B $9.497B
YoY Change 13.89% 13.6% 15.38%
LONG-TERM ASSETS
Property, Plant & Equipment $299.2M $276.1M $299.0M
YoY Change 18.24% 23.25% 18.18%
Goodwill $1.736B $1.742B
YoY Change -0.88% 19.42%
Intangibles $460.4M $489.6M
YoY Change -21.01% 21.47%
Long-Term Investments
YoY Change
Other Assets $311.5M $285.1M $253.0M
YoY Change 67.63% 72.44% -23.8%
Total Long-Term Assets $2.843B $2.854B $3.747B
YoY Change -0.86% 19.29% -0.58%
TOTAL ASSETS
Total Short-Term Assets $10.40B $9.110B $9.497B
Total Long-Term Assets $2.843B $2.854B $3.747B
Total Assets $13.24B $11.96B $13.24B
YoY Change 10.37% 14.91% 10.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $210.0M $258.3M $210.0M
YoY Change -2.53% 9.02% -2.33%
Accrued Expenses $262.3M $302.4M $262.0M
YoY Change -4.49% 26.81% -4.73%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.934B $670.0M $2.934B
YoY Change -12.94% -69.6% -12.94%
Total Short-Term Liabilities $4.512B $3.504B $4.372B
YoY Change -10.34% -27.0% -11.05%
LONG-TERM LIABILITIES
Long-Term Debt $7.275B $7.166B $7.275B
YoY Change 24.49% 90.84% 24.49%
Other Long-Term Liabilities $154.5M $138.0M $465.0M
YoY Change 24.95% 14.58% 6.9%
Total Long-Term Liabilities $154.5M $138.0M $7.740B
YoY Change 24.95% 14.58% 23.27%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.512B $3.504B $4.372B
Total Long-Term Liabilities $154.5M $138.0M $7.740B
Total Liabilities $12.39B $11.25B $12.39B
YoY Change 7.99% 13.44% 7.98%
SHAREHOLDERS EQUITY
Retained Earnings $2.049B $1.932B
YoY Change 31.94% 31.43%
Common Stock $1.514B $1.488B
YoY Change 4.02% 4.01%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.689B $2.689B
YoY Change 9.4% 12.7%
Treasury Stock Shares 46.75M shares 46.75M shares
Shareholders Equity $855.8M $711.4M $856.0M
YoY Change
Total Liabilities & Shareholders Equity $13.24B $11.96B $13.24B
YoY Change 10.37% 14.91% 10.37%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2013
OPERATING ACTIVITIES
Net Income $117.9M $132.9M $496.2M
YoY Change 40.86% 11.21% 17.5%
Depreciation, Depletion And Amortization $55.20M $54.47M $216.1M
YoY Change 17.45% 30.53% 29.51%
Cash From Operating Activities $204.7M $268.3M $1.004B
YoY Change -24.77% -39.67% -11.52%
INVESTING ACTIVITIES
Capital Expenditures $43.60M $32.80M $135.4M
YoY Change 11.22% 50.46% 16.22%
Acquisitions
YoY Change
Other Investing Activities -$1.201B -$9.900M -$1.484B
YoY Change -16.78% -98.21% -15451.19%
Cash From Investing Activities -$1.245B -$42.60M -$1.619B
YoY Change -16.03% -92.6% -39.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $217.0M
YoY Change 106.38%
Debt Paid & Issued, Net $1.300B
YoY Change 156.86%
Cash From Financing Activities 1.233B -194.5M 704.2M
YoY Change -7.93% -178.43% -68.12%
NET CHANGE
Cash From Operating Activities 204.7M 268.3M 1.004B
Cash From Investing Activities -1.245B -42.60M -1.619B
Cash From Financing Activities 1.233B -194.5M 704.2M
Net Change In Cash 192.6M 31.20M 88.30M
YoY Change 49.88% -73.36% -86.86%
FREE CASH FLOW
Cash From Operating Activities $204.7M $268.3M $1.004B
Capital Expenditures $43.60M $32.80M $135.4M
Free Cash Flow $161.1M $235.5M $868.1M
YoY Change -30.83% -44.31% -14.7%

Facts In Submission

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CY2012Q4 ads Credit Cardand Loan Receivables With Temporary And Permanent Concessions
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310000 USD
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CY2011 ads Depreciation Including Amortization Of Capital Leases
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48202000 USD
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CY2013Q4 ads Capitalized Computer Software Amortization Expense
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CY2013Q4 ads Other Investment Securities Continuous Unrealized Loss Position Fair Value
OtherInvestmentSecuritiesContinuousUnrealizedLossPositionFairValue
65739000 USD
CY2012Q4 ads Other Investment Securities Continuous Unrealized Loss Position Fair Value
OtherInvestmentSecuritiesContinuousUnrealizedLossPositionFairValue
33799000 USD
CY2013Q4 ads Other Investment Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses
OtherInvestmentSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses
-2206000 USD
CY2012Q4 ads Other Investment Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses
OtherInvestmentSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses
-292000 USD
CY2013Q4 ads Other Investment Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses
OtherInvestmentSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses
-1974000 USD
CY2012Q4 ads Other Investment Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses
OtherInvestmentSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses
-177000 USD
CY2013Q4 ads Other Investment Securities Continuous Unrealized Loss Position Aggregate Loss
OtherInvestmentSecuritiesContinuousUnrealizedLossPositionAggregateLoss
-4180000 USD
CY2012Q4 ads Other Investment Securities Continuous Unrealized Loss Position Aggregate Loss
OtherInvestmentSecuritiesContinuousUnrealizedLossPositionAggregateLoss
-469000 USD
CY2012Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
47120000 USD
CY2012Q4 ads Restricted Cash Fair Value Disclosure
RestrictedCashFairValueDisclosure
47120000 USD
CY2012Q4 ads Treasury Shares Purchased Not Settled
TreasurySharesPurchasedNotSettled
100000 shares
CY2012Q4 ads Stock Repurchased During Period Value Included In Accounts Payable
StockRepurchasedDuringPeriodValueIncludedInAccountsPayable
11600000 USD
CY2013Q4 ads Marketable Securities Fair Value
MarketableSecuritiesFairValue
73233000 USD

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0001101215-14-000058-index.html Edgar Link pending
0001101215-14-000058.txt Edgar Link pending
0001101215-14-000058-xbrl.zip Edgar Link pending
ads-20131231.xml Edgar Link completed
ads-20131231.xsd Edgar Link pending
ads-20131231_cal.xml Edgar Link unprocessable
ads-20131231_def.xml Edgar Link unprocessable
ads-20131231_lab.xml Edgar Link unprocessable
ads-20131231_pre.xml Edgar Link unprocessable
exhibit_10-13.htm Edgar Link pending
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