2017 Q1 Form 10-Q Financial Statement

#000105147017000099 Filed on May 04, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $1.016B $934.4M
YoY Change 8.73% 3.77%
Cost Of Revenue $99.00M $80.97M
YoY Change 22.27% -6.84%
Gross Profit $917.0M $853.4M
YoY Change 7.45% 4.9%
Gross Profit Margin 90.26% 91.33%
Selling, General & Admin $101.0M $97.58M
YoY Change 3.5% 31.77%
% of Gross Profit 11.01% 11.43%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $289.0M $277.9M
YoY Change 3.99% 10.37%
% of Gross Profit 31.52% 32.56%
Operating Expenses $101.0M $97.58M
YoY Change 3.5% 31.77%
Operating Profit $257.0M $211.7M
YoY Change 21.38% -13.54%
Interest Expense -$135.8M -$127.1M
YoY Change 6.85% -6.41%
% of Operating Profit -52.84% -60.03%
Other Income/Expense, Net $6.000M -$3.273M
YoY Change -283.32% 1354.67%
Pretax Income $123.0M $51.71M
YoY Change 137.86% -53.12%
Income Tax -$4.000M $3.872M
% Of Pretax Income -3.25% 7.49%
Net Earnings $119.0M $47.84M
YoY Change 148.75% -61.04%
Net Earnings / Revenue 11.71% 5.12%
Basic Earnings Per Share $0.33 $0.11
Diluted Earnings Per Share $0.33 $0.11
COMMON SHARES
Basic Shares Outstanding 361.0M shares 334.2M shares
Diluted Shares Outstanding 362.0M shares 334.9M shares

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $205.0M $176.0M
YoY Change 16.48% -26.67%
Cash & Equivalents $205.2M $175.7M
Short-Term Investments
Other Short-Term Assets $140.1M $119.6M
YoY Change 17.17% 43.37%
Inventory
Prepaid Expenses $153.3M $141.5M
Receivables $302.7M $254.7M
Other Receivables $0.00 $0.00
Total Short-Term Assets $916.4M $820.9M
YoY Change 11.64% -11.5%
LONG-TERM ASSETS
Property, Plant & Equipment $10.29B $9.559B
YoY Change 7.68% 4.59%
Goodwill $6.530B $5.531B
YoY Change 18.06% 6.05%
Intangibles $3.894B $3.707B
YoY Change 5.05% 1.54%
Long-Term Investments
YoY Change
Other Assets $832.1M $781.9M
YoY Change 6.42% -9.16%
Total Long-Term Assets $22.86B $20.90B
YoY Change 9.39% 3.57%
TOTAL ASSETS
Total Short-Term Assets $916.4M $820.9M
Total Long-Term Assets $22.86B $20.90B
Total Assets $23.78B $21.72B
YoY Change 9.48% 2.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $154.8M $141.6M
YoY Change 9.31% -3.62%
Accrued Expenses $268.0M $250.0M
YoY Change 7.2% 7.76%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $113.0M $88.00M
YoY Change 28.41% -24.14%
Total Short-Term Liabilities $902.2M $811.9M
YoY Change 11.12% -1.22%
LONG-TERM LIABILITIES
Long-Term Debt $13.38B $11.78B
YoY Change 13.6% -1.47%
Other Long-Term Liabilities $2.131B $1.975B
YoY Change 7.9% 14.01%
Total Long-Term Liabilities $2.131B $1.975B
YoY Change 7.9% 14.01%
TOTAL LIABILITIES
Total Short-Term Liabilities $902.2M $811.9M
Total Long-Term Liabilities $2.131B $1.975B
Total Liabilities $16.41B $14.57B
YoY Change 12.69% 0.13%
SHAREHOLDERS EQUITY
Retained Earnings -$3.603B -$2.720B
YoY Change 32.44% -8.66%
Common Stock $3.614M $3.375M
YoY Change 7.08% 1.08%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.363B $7.153B
YoY Change
Total Liabilities & Shareholders Equity $23.78B $21.72B
YoY Change 9.48% 2.9%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $119.0M $47.84M
YoY Change 148.75% -61.04%
Depreciation, Depletion And Amortization $289.0M $277.9M
YoY Change 3.99% 10.37%
Cash From Operating Activities $442.0M $437.7M
YoY Change 0.99% -3.4%
INVESTING ACTIVITIES
Capital Expenditures -$262.0M -$193.5M
YoY Change 35.4% -4.07%
Acquisitions $1.497B $22.03M
YoY Change 6695.59% 25.93%
Other Investing Activities $4.000M $369.0K
YoY Change 984.01% -28.21%
Cash From Investing Activities -$1.763B -$207.7M
YoY Change 748.63% -5.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 -$299.4M
YoY Change -100.0% -1119.49%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $949.0M -$345.6M
YoY Change -374.6% 100.64%
NET CHANGE
Cash From Operating Activities $442.0M $437.7M
Cash From Investing Activities -$1.763B -$207.7M
Cash From Financing Activities $949.0M -$345.6M
Net Change In Cash -$372.0M -$115.7M
YoY Change 221.57% -289.16%
FREE CASH FLOW
Cash From Operating Activities $442.0M $437.7M
Capital Expenditures -$262.0M -$193.5M
Free Cash Flow $704.0M $631.2M
YoY Change 11.54% -3.6%

Facts In Submission

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CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
175000 USD
CY2016Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
221066000 USD
CY2017Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
183584000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2087229000 USD
CY2017Q1 us-gaap Other Liabilities Noncurrent
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2131076000 USD
CY2016Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2166000 USD
CY2017Q1 us-gaap Other Noncash Income Expense
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4440000 USD
CY2016Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3273000 USD
CY2017Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4600000 USD
CY2016Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
369000 USD
CY2017Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
3145000 USD
CY2016Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
24354000 USD
CY2017Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
22005000 USD
CY2016Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
299090000 USD
CY2017Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
348146000 USD
CY2016Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
10997000 USD
CY2017Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
CY2016Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
27421000 USD
CY2017Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
6761000 USD
CY2016Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
22029000 USD
CY2017Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1497253000 USD
CY2016Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
193489000 USD
CY2017Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
262415000 USD
CY2016Q4 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
0 USD
CY2017Q1 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
0 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
0 shares
CY2017Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
128721000 USD
CY2017Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
153337000 USD
CY2016Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
323798000 USD
CY2017Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
21937000 USD
CY2016Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
3496901000 USD
CY2017Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
997890000 USD
CY2016Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
2065000000 USD
CY2017Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1405000000 USD
CY2016Q1 us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
1113000 USD
CY2017Q1 us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
5039000 USD
CY2016Q1 us-gaap Profit Loss
ProfitLoss
47840000 USD
CY2017Q1 us-gaap Profit Loss
ProfitLoss
119138000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9805315000 USD
CY2017Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
10293693000 USD
CY2016Q1 us-gaap Repayments Of Lines Of Credit
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2980000000 USD
CY2017Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1070000000 USD
CY2016Q1 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
14152000 USD
CY2017Q1 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
28738000 USD
CY2016Q1 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
2876390000 USD
CY2017Q1 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
0 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
129547000 USD
CY2017Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
120128000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
124547000 USD
CY2017Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
115128000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-3378838000 USD
CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-3602985000 USD
CY2016Q1 us-gaap Sales Revenue Net
SalesRevenueNet
934384000 USD
CY2017Q1 us-gaap Sales Revenue Net
SalesRevenueNet
1015942000 USD
CY2016Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
135090000 USD
CY2017Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
159006000 USD
CY2016Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
97581000 USD
CY2017Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
100724000 USD
CY2016Q1 us-gaap Share Based Compensation
ShareBasedCompensation
19895000 USD
CY2017Q1 us-gaap Share Based Compensation
ShareBasedCompensation
22226000 USD
CY2017Q1 us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
1200000 shares
CY2017Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
200000 shares
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7557115000 USD
CY2017Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7363480000 USD
CY2016Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
774000 shares
CY2017Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
895000 shares
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
334929000 shares
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
361727000 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
334155000 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
360832000 shares

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cci-20170331.xml Edgar Link completed
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cci-20170331_cal.xml Edgar Link unprocessable
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