2023 Q3 Form 10-Q Financial Statement

#000105147023000128 Filed on August 02, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $1.667B $1.867B
YoY Change -4.52% 7.67%
Cost Of Revenue $66.00M $522.0M
YoY Change -87.4% 366.07%
Gross Profit $1.601B $1.345B
YoY Change 31.01% -17.08%
Gross Profit Margin 96.04% 72.04%
Selling, General & Admin $176.0M $210.0M
YoY Change -5.88% 10.53%
% of Gross Profit 10.99% 15.61%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $439.0M $445.0M
YoY Change 2.33% 4.22%
% of Gross Profit 27.42% 33.09%
Operating Expenses $176.0M $655.0M
YoY Change -71.47% 244.74%
Operating Profit $486.0M $690.0M
YoY Change -19.67% 16.36%
Interest Expense -$214.0M -$203.0M
YoY Change 21.59% 23.03%
% of Operating Profit -44.03% -29.42%
Other Income/Expense, Net $0.00 -$2.000M
YoY Change -100.0% 0.0%
Pretax Income $272.0M $462.0M
YoY Change -35.55% 8.45%
Income Tax $7.000M $7.000M
% Of Pretax Income 2.57% 1.52%
Net Earnings $265.0M $455.0M
YoY Change -36.75% 8.08%
Net Earnings / Revenue 15.9% 24.37%
Basic Earnings Per Share $0.61 $1.05
Diluted Earnings Per Share $0.61 $1.05
COMMON SHARES
Basic Shares Outstanding 433.7M shares 433.7M shares
Diluted Shares Outstanding 434.0M shares 434.0M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $117.0M $276.0M
YoY Change -32.76% -1.78%
Cash & Equivalents $117.0M $276.0M
Short-Term Investments
Other Short-Term Assets $72.00M $460.0M
YoY Change -84.78% 162.86%
Inventory
Prepaid Expenses $143.0M $182.0M
Receivables $512.0M $496.0M
Other Receivables $115.0M $117.0M
Total Short-Term Assets $1.126B $1.349B
YoY Change -4.74% 4.57%
LONG-TERM ASSETS
Property, Plant & Equipment $15.57B $21.96B
YoY Change -28.82% 44.27%
Goodwill $10.09B $10.09B
YoY Change -0.02% -0.02%
Intangibles $3.276B $3.388B
YoY Change -11.44% -11.36%
Long-Term Investments
YoY Change
Other Assets $141.0M $136.0M
YoY Change 4.44% 0.0%
Total Long-Term Assets $37.57B $37.69B
YoY Change -0.28% -0.08%
TOTAL ASSETS
Total Short-Term Assets $1.126B $1.349B
Total Long-Term Assets $37.57B $37.69B
Total Assets $38.70B $39.04B
YoY Change -0.42% 0.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $215.0M $240.0M
YoY Change -6.11% 4.35%
Accrued Expenses $857.0M $873.0M
YoY Change 0.82% 0.34%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $827.0M $819.0M
YoY Change 0.98% 1070.0%
Total Short-Term Liabilities $2.549B $2.725B
YoY Change -1.35% 45.64%
LONG-TERM LIABILITIES
Long-Term Debt $21.90B $21.60B
YoY Change 6.0% 1.82%
Other Long-Term Liabilities $1.918B $7.672B
YoY Change -75.83% 273.88%
Total Long-Term Liabilities $1.918B $29.27B
YoY Change -93.29% 1326.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.549B $2.725B
Total Long-Term Liabilities $1.918B $29.27B
Total Liabilities $32.03B $32.00B
YoY Change 2.72% 2.71%
SHAREHOLDERS EQUITY
Retained Earnings -$11.57B -$11.16B
YoY Change 11.21% 9.49%
Common Stock $4.000M $4.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.669B $7.046B
YoY Change
Total Liabilities & Shareholders Equity $38.70B $39.04B
YoY Change -0.42% 0.07%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $265.0M $455.0M
YoY Change -36.75% 8.08%
Depreciation, Depletion And Amortization $439.0M $445.0M
YoY Change 2.33% 4.22%
Cash From Operating Activities $533.0M $1.120B
YoY Change -23.97% 43.77%
INVESTING ACTIVITIES
Capital Expenditures $347.0M $379.0M
YoY Change -202.97% -225.08%
Acquisitions
YoY Change
Other Investing Activities -$2.000M -$20.00M
YoY Change 17.65%
Cash From Investing Activities -$349.0M -$399.0M
YoY Change 3.56% 24.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -383.0M -619.0M
YoY Change -16.92% 25.05%
NET CHANGE
Cash From Operating Activities 533.0M 1.120B
Cash From Investing Activities -349.0M -399.0M
Cash From Financing Activities -383.0M -619.0M
Net Change In Cash -199.0M 102.0M
YoY Change 105.15% -383.33%
FREE CASH FLOW
Cash From Operating Activities $533.0M $1.120B
Capital Expenditures $347.0M $379.0M
Free Cash Flow $186.0M $741.0M
YoY Change -82.08% -31.52%

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Files In Submission

Name View Source Status
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0001051470-23-000128-index.html Edgar Link pending
0001051470-23-000128.txt Edgar Link pending
0001051470-23-000128-xbrl.zip Edgar Link pending
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