2015 Q1 Form 10-Q Financial Statement

#000072361215000090 Filed on May 05, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q1
Revenue $1.850B $1.862B
YoY Change -0.64% 10.11%
Cost Of Revenue $985.0M $1.000B
YoY Change -1.5% 7.41%
Gross Profit $865.0M $862.0M
YoY Change 0.35% 13.42%
Gross Profit Margin 46.76% 46.29%
Selling, General & Admin $248.0M $248.0M
YoY Change 0.0% 10.71%
% of Gross Profit 28.67% 28.77%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $472.0M $448.0M
YoY Change 5.36% 15.76%
% of Gross Profit 54.57% 51.97%
Operating Expenses $248.0M $248.0M
YoY Change 0.0% 10.71%
Operating Profit $617.0M $614.0M
YoY Change 0.49% 14.55%
Interest Expense $52.00M $56.00M
YoY Change -7.14% -3.45%
% of Operating Profit 8.43% 9.12%
Other Income/Expense, Net
YoY Change
Pretax Income -$16.00M $5.000M
YoY Change -420.0% -108.77%
Income Tax -$7.000M $1.000M
% Of Pretax Income 20.0%
Net Earnings -$9.000M $4.000M
YoY Change -325.0% -108.7%
Net Earnings / Revenue -0.49% 0.21%
Basic Earnings Per Share -$0.09 $0.03
Diluted Earnings Per Share -$0.09 $0.03
COMMON SHARES
Basic Shares Outstanding 106.1M shares 106.6M shares
Diluted Shares Outstanding 106.1M shares 108.6M shares

Balance Sheet

Concept 2015 Q1 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $854.0M $841.0M
YoY Change 1.55% 47.8%
Cash & Equivalents $854.0M $841.0M
Short-Term Investments
Other Short-Term Assets $517.0M $501.0M
YoY Change 3.19% -10.22%
Inventory
Prepaid Expenses
Receivables $564.0M $646.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.077B $2.162B
YoY Change -3.93% 15.55%
LONG-TERM ASSETS
Property, Plant & Equipment $629.0M $613.0M
YoY Change 2.61% 9.66%
Goodwill $813.0M $713.0M
YoY Change 14.03% 10.37%
Intangibles $856.0M $932.0M
YoY Change -8.15% 2.42%
Long-Term Investments $0.00 $0.00
YoY Change -100.0%
Other Assets $342.0M $362.0M
YoY Change -5.52% 0.28%
Total Long-Term Assets $15.42B $15.21B
YoY Change 1.37% 3.55%
TOTAL ASSETS
Total Short-Term Assets $2.077B $2.162B
Total Long-Term Assets $15.42B $15.21B
Total Assets $17.49B $17.37B
YoY Change 0.71% 4.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.489B $1.474B
YoY Change 1.02% 328.49%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $244.0M $393.0M
YoY Change -37.91% 1255.17%
Total Short-Term Liabilities $1.733B $1.867B
YoY Change -7.18% 18.54%
LONG-TERM LIABILITIES
Long-Term Debt $3.481B $3.303B
YoY Change 5.39% -0.45%
Other Long-Term Liabilities $732.0M $840.0M
YoY Change -12.86% -4.98%
Total Long-Term Liabilities $4.213B $4.143B
YoY Change 1.69% -1.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.733B $1.867B
Total Long-Term Liabilities $4.213B $4.143B
Total Liabilities $5.946B $6.010B
YoY Change -1.06% 4.03%
SHAREHOLDERS EQUITY
Retained Earnings -$2.124B -$2.356B
YoY Change -9.85% -2.73%
Common Stock $1.000M $1.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.268B $4.791B
YoY Change -10.92% -2.98%
Treasury Stock Shares 31.06M shares 31.46M shares
Shareholders Equity $521.0M $703.0M
YoY Change
Total Liabilities & Shareholders Equity $17.49B $17.37B
YoY Change 0.71% 4.9%

Cashflow Statement

Concept 2015 Q1 2014 Q1
OPERATING ACTIVITIES
Net Income -$9.000M $4.000M
YoY Change -325.0% -108.7%
Depreciation, Depletion And Amortization $472.0M $448.0M
YoY Change 5.36% 15.76%
Cash From Operating Activities $503.0M $390.0M
YoY Change 28.97% 30.0%
INVESTING ACTIVITIES
Capital Expenditures -$3.236B -$3.311B
YoY Change -2.27% -8.23%
Acquisitions
YoY Change
Other Investing Activities $0.00 $7.000M
YoY Change -100.0% -126.92%
Cash From Investing Activities -$774.0M -$957.0M
YoY Change -19.12% -20.78%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $33.00M $67.00M
YoY Change -50.75%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $527.0M $716.0M
YoY Change -26.4% -71.34%
NET CHANGE
Cash From Operating Activities $503.0M $390.0M
Cash From Investing Activities -$774.0M -$957.0M
Cash From Financing Activities $527.0M $716.0M
Net Change In Cash $256.0M $149.0M
YoY Change 71.81% -90.63%
FREE CASH FLOW
Cash From Operating Activities $503.0M $390.0M
Capital Expenditures -$3.236B -$3.311B
Free Cash Flow $3.739B $3.701B
YoY Change 1.03% -5.3%

Facts In Submission

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StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
665000000 USD
CY2015Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
521000000 USD
CY2015Q1 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
37000000 USD
CY2015Q1 us-gaap Translation Adjustment For Net Investment Hedge Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeNetOfTax
72000000 USD
CY2014Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
31386746 shares
CY2015Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
31063328 shares
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
4411000000 USD
CY2015Q1 us-gaap Treasury Stock Value
TreasuryStockValue
4268000000 USD
CY2014Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2000000 shares
CY2015Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108600000 shares
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
106100000 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
106600000 shares
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
106100000 shares

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car-20150331_cal.xml Edgar Link unprocessable
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