2010 Q4 Form 10-K Financial Statement
#000119312512089534 Filed on February 29, 2012
Income Statement
| Concept | 2010 Q4 | 2010 Q3 | 2010 Q2 |
|---|---|---|---|
| Revenue | $1.226B | $1.512B | $1.294B |
| YoY Change | 5.69% | 3.21% | -1.37% |
| Cost Of Revenue | $660.0M | $705.0M | $639.0M |
| YoY Change | 6.97% | -3.56% | -1.39% |
| Gross Profit | $566.0M | $807.0M | $655.0M |
| YoY Change | 4.24% | 9.95% | -1.36% |
| Gross Profit Margin | 46.17% | 53.37% | 50.62% |
| Selling, General & Admin | $139.0M | $156.0M | $145.0M |
| YoY Change | 6.92% | 0.65% | 9.02% |
| % of Gross Profit | 24.56% | 19.33% | 22.14% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | -$961.0M | $379.0M | $359.0M |
| YoY Change | -10.27% | -2.57% | -12.44% |
| % of Gross Profit | -169.79% | 46.96% | 54.81% |
| Operating Expenses | $464.0M | $541.0M | $508.0M |
| YoY Change | -2.11% | 0.56% | -7.97% |
| Operating Profit | $102.0M | $266.0M | $147.0M |
| YoY Change | 47.83% | 35.71% | 31.25% |
| Interest Expense | -$122.0M | -$120.0M | -$117.0M |
| YoY Change | 1.67% | 7.14% | 8.33% |
| % of Operating Profit | -119.61% | -45.11% | -79.59% |
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | -$35.00M | $144.0M | $29.00M |
| YoY Change | -60.23% | 73.49% | -1550.0% |
| Income Tax | -$11.00M | $54.00M | $3.000M |
| % Of Pretax Income | 37.5% | 10.34% | |
| Net Earnings | -$24.00M | $90.00M | $26.00M |
| YoY Change | -51.02% | 57.89% | -533.33% |
| Net Earnings / Revenue | -1.96% | 5.95% | 2.01% |
| Basic Earnings Per Share | -$0.23 | $0.88 | $0.25 |
| Diluted Earnings Per Share | -$0.23 | $0.73 | $0.22 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 103.3M | 103.2M | 103.1M |
| Diluted Shares Outstanding | 103.3M | 126.6M | 126.6M |
Balance Sheet
| Concept | 2010 Q4 | 2010 Q3 | 2010 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $911.0M | $623.0M | $458.0M |
| YoY Change | 89.0% | 32.55% | 5.53% |
| Cash & Equivalents | $911.0M | $623.0M | $458.0M |
| Short-Term Investments | |||
| Other Short-Term Assets | $412.0M | $328.0M | $1.012B |
| YoY Change | -56.99% | -6.82% | 120.96% |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $315.0M | $317.0M | $304.0M |
| Other Receivables | $0.00 | $79.00M | $0.00 |
| Total Short-Term Assets | $1.638B | $1.347B | $1.774B |
| YoY Change | -5.32% | 19.31% | 47.22% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $425.0M | $7.487B | $8.079B |
| YoY Change | -93.37% | 13.89% | 8.82% |
| Goodwill | $76.00M | ||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $290.0M | $270.0M | $256.0M |
| YoY Change | 27.19% | 78.81% | 118.8% |
| Other Assets | $846.0M | $831.0M | $910.0M |
| YoY Change | -15.57% | -40.3% | -35.78% |
| Total Long-Term Assets | $8.689B | $9.354B | $9.924B |
| YoY Change | 3.9% | 5.9% | 3.33% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $1.638B | $1.347B | $1.774B |
| Total Long-Term Assets | $8.689B | $9.354B | $9.924B |
| Total Assets | $10.33B | $10.70B | $11.70B |
| YoY Change | 2.32% | 7.42% | 8.22% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $209.0M | $190.0M | $195.0M |
| YoY Change | -83.57% | -77.54% | -77.51% |
| Accrued Expenses | $208.0M | $163.0M | $239.0M |
| YoY Change | |||
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $8.000M | $9.000M | $8.000M |
| YoY Change | -33.33% | -25.0% | -27.27% |
| Total Short-Term Liabilities | $933.0M | $937.0M | $1.372B |
| YoY Change | -27.34% | 9.21% | 56.26% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $7.009B | $7.396B | $8.083B |
| YoY Change | 7.95% | 15.76% | 11.83% |
| Other Long-Term Liabilities | $642.0M | $708.0M | $749.0M |
| YoY Change | -22.37% | -41.97% | -43.85% |
| Total Long-Term Liabilities | $7.651B | $8.104B | $8.832B |
| YoY Change | 4.52% | 6.51% | 3.15% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $933.0M | $937.0M | $1.372B |
| Total Long-Term Liabilities | $7.651B | $8.104B | $8.832B |
| Total Liabilities | $9.917B | $10.33B | $11.47B |
| YoY Change | 0.47% | 6.11% | 7.36% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | |||
| YoY Change | |||
| Common Stock | |||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $410.0M | $373.0M | $225.0M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $10.33B | $10.70B | $11.70B |
| YoY Change | 2.32% | 7.42% | 8.22% |
Cashflow Statement
| Concept | 2010 Q4 | 2010 Q3 | 2010 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$24.00M | $90.00M | $26.00M |
| YoY Change | -51.02% | 57.89% | -533.33% |
| Depreciation, Depletion And Amortization | -$961.0M | $379.0M | $359.0M |
| YoY Change | -10.27% | -2.57% | -12.44% |
| Cash From Operating Activities | $302.0M | $678.0M | $380.0M |
| YoY Change | 25.31% | 20.64% | 5.56% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$1.694B | -$1.217B | -$3.257B |
| YoY Change | -4.62% | 13.21% | -17.65% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $2.107B | $1.428B | $1.525B |
| YoY Change | 38.44% | 0.14% | -53.06% |
| Cash From Investing Activities | $413.0M | $211.0M | -$1.732B |
| YoY Change | -262.6% | -39.89% | 145.33% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -433.0M | -735.0M | 1.348B |
| YoY Change | -2068.18% | -17.14% | 224.04% |
| NET CHANGE | |||
| Cash From Operating Activities | 302.0M | 678.0M | 380.0M |
| Cash From Investing Activities | 413.0M | 211.0M | -1.732B |
| Cash From Financing Activities | -433.0M | -735.0M | 1.348B |
| Net Change In Cash | 282.0M | 154.0M | -4.000M |
| YoY Change | 3033.33% | 492.31% | -105.71% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $302.0M | $678.0M | $380.0M |
| Capital Expenditures | -$1.694B | -$1.217B | -$3.257B |
| Free Cash Flow | $1.996B | $1.895B | $3.637B |
| YoY Change | -1.04% | 15.76% | -15.71% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2011 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
105200000 | |
| CY2010Q4 | car |
Accrued Interest Payable On Potential Tax Liabilities
AccruedInterestPayableOnPotentialTaxLiabilities
|
20000000 | |
| CY2011Q4 | car |
Accrued Interest Payable On Potential Tax Liabilities
AccruedInterestPayableOnPotentialTaxLiabilities
|
21000000 | |
| CY2010Q4 | car |
Unrecognized Tax Benefits In Long Term Income Taxes Payable
UnrecognizedTaxBenefitsInLongTermIncomeTaxesPayable
|
37000000 | |
| CY2011Q4 | car |
Unrecognized Tax Benefits In Long Term Income Taxes Payable
UnrecognizedTaxBenefitsInLongTermIncomeTaxesPayable
|
169000000 | |
| CY2011Q4 | car |
Vehicle Program Debt Total Capacity
VehicleProgramDebtTotalCapacity
|
9408000000 | |
| CY2010Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.37 | |
| CY2010Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.25 | |
| CY2010Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.88 | |
| CY2010Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.23 | |
| CY2011Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.07 | |
| CY2011Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.49 | |
| CY2011Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.78 | |
| CY2011Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.62 | |
| CY2010Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.37 | |
| CY2010Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.22 | |
| CY2010Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.73 | |
| CY2011Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.42 | |
| CY2011Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.65 | |
| CY2011Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.62 | |
| CY2010Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-38000000 | |
| CY2010Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
26000000 | |
| CY2010Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
90000000 | |
| CY2010Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-24000000 | |
| CY2011Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
7000000 | |
| CY2011Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
52000000 | |
| CY2011Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
82000000 | |
| CY2011Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-170000000 | |
| CY2010Q4 | us-gaap |
Other Long Term Investments
OtherLongTermInvestments
|
4000000 | |
| CY2011Q4 | us-gaap |
Other Long Term Investments
OtherLongTermInvestments
|
38000000 | |
| CY2010Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1153000000 | |
| CY2010Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1294000000 | |
| CY2010Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1512000000 | |
| CY2010Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1226000000 | |
| CY2011Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1235000000 | |
| CY2011Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1412000000 | |
| CY2011Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1623000000 | |
| CY2011Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1630000000 | |
| CY2009 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
102200000 | |
| CY2010Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
102600000 | |
| CY2010 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
126700000 | |
| CY2010Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
126600000 | |
| CY2010Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
126600000 | |
| CY2010Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
103300000 | |
| CY2011Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
106800000 | |
| CY2011 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
105200000 | |
| CY2011Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
129000000 | |
| CY2011Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
128900000 | |
| CY2011Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
105500000 | |
| CY2010Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
102600000 | |
| CY2011Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
104600000 | |
| CY2011Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
105400000 | |
| CY2011Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
105400000 | |
| CY2011Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
105500000 | |
| CY2010Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.23 | |
| CY2011Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.06 | |
| CY2010Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
103100000 | |
| CY2010Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
103200000 | |
| CY2010Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
103300000 |
