2022 Q4 Form 10-Q Financial Statement

#000095017022023056 Filed on November 08, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3
Revenue $4.358B $5.761B
YoY Change -5.98% 4.59%
Cost Of Revenue $2.872B $3.747B
YoY Change -8.78% -1.3%
Gross Profit $1.485B $2.015B
YoY Change -0.05% 17.65%
Gross Profit Margin 34.08% 34.97%
Selling, General & Admin $959.1M $1.000B
YoY Change 11.01% 14.31%
% of Gross Profit 64.58% 49.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $141.7M $125.7M
YoY Change -2.87% 163.45%
% of Gross Profit 9.54% 6.24%
Operating Expenses $959.1M $1.000B
YoY Change 11.01% 14.31%
Operating Profit $526.0M $1.015B
YoY Change -15.4% 21.15%
Interest Expense -$42.23M -$44.11M
YoY Change 4.84% 22.69%
% of Operating Profit -8.03% -4.35%
Other Income/Expense, Net
YoY Change
Pretax Income $483.8M $970.4M
YoY Change -16.81% 21.08%
Income Tax $99.26M $232.4M
% Of Pretax Income 20.52% 23.95%
Net Earnings $384.5M $738.0M
YoY Change -13.1% 20.36%
Net Earnings / Revenue 8.82% 12.81%
Basic Earnings Per Share $4.75
Diluted Earnings Per Share $2.62 $4.72
COMMON SHARES
Basic Shares Outstanding 147.2M 156.1M
Diluted Shares Outstanding 156.5M

Balance Sheet

Concept 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $80.45M $84.98M
YoY Change 88.82% -62.19%
Cash & Equivalents $80.45M $84.98M
Short-Term Investments
Other Short-Term Assets $124.2M $142.3M
YoY Change -2.94% 61.05%
Inventory $1.426B $1.759B
Prepaid Expenses
Receivables $1.448B $1.925B
Other Receivables $235.0M $268.7M
Total Short-Term Assets $3.498B $4.420B
YoY Change -11.86% 4.46%
LONG-TERM ASSETS
Property, Plant & Equipment $1.568B $1.492B
YoY Change 13.15% 11.57%
Goodwill $3.457B $3.453B
YoY Change 5.71% 38.42%
Intangibles $1.551B $1.637B
YoY Change -3.27%
Long-Term Investments
YoY Change
Other Assets $36.38M $35.22M
YoY Change 24.59% 35.48%
Total Long-Term Assets $7.098B $7.118B
YoY Change 5.21% 8.2%
TOTAL ASSETS
Total Short-Term Assets $3.498B $4.420B
Total Long-Term Assets $7.098B $7.118B
Total Assets $10.60B $11.54B
YoY Change -1.11% 6.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $803.5M $1.088B
YoY Change -26.51% 8.31%
Accrued Expenses $739.0M $850.8M
YoY Change 2.8% 8.98%
Deferred Revenue $193.2M $250.2M
YoY Change -10.61%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $6.355M $3.837M
YoY Change 73.63% 0.47%
Total Short-Term Liabilities $1.843B $2.294B
YoY Change -13.43% 12.81%
LONG-TERM LIABILITIES
Long-Term Debt $2.978B $3.169B
YoY Change 1.77% 30.99%
Other Long-Term Liabilities $137.9M $130.1M
YoY Change 15.24% -74.08%
Total Long-Term Liabilities $137.9M $130.1M
YoY Change 15.24% -95.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.843B $2.294B
Total Long-Term Liabilities $137.9M $130.1M
Total Liabilities $5.633B $6.313B
YoY Change -4.72% 19.44%
SHAREHOLDERS EQUITY
Retained Earnings $703.5M $970.3M
YoY Change 30.28%
Common Stock $4.259B $4.254B
YoY Change -0.08%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.963B $5.225B
YoY Change
Total Liabilities & Shareholders Equity $10.60B $11.54B
YoY Change -1.11% 6.74%

Cashflow Statement

Concept 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income $384.5M $738.0M
YoY Change -13.1% 20.36%
Depreciation, Depletion And Amortization $141.7M $125.7M
YoY Change -2.87% 163.45%
Cash From Operating Activities $971.4M $1.501B
YoY Change 15.59% 35.57%
INVESTING ACTIVITIES
Capital Expenditures $134.9M -$85.70M
YoY Change -299.24% 38.49%
Acquisitions
YoY Change
Other Investing Activities -$5.237M -$424.5M
YoY Change -98.29% -42.41%
Cash From Investing Activities -$140.1M -$510.2M
YoY Change -62.55% -36.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -835.8M -1.072B
YoY Change 28.93% 517.95%
NET CHANGE
Cash From Operating Activities 971.4M 1.501B
Cash From Investing Activities -140.1M -510.2M
Cash From Financing Activities -835.8M -1.072B
Net Change In Cash -4.537M -81.20M
YoY Change -97.51% -160.39%
FREE CASH FLOW
Cash From Operating Activities $971.4M $1.501B
Capital Expenditures $134.9M -$85.70M
Free Cash Flow $836.5M $1.586B
YoY Change -7.88% 35.73%

Facts In Submission

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