2019 Q1 Form 10-Q Financial Statement

#000082327719000008 Filed on January 10, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q4 2017 Q4
Revenue $6.484B $8.484B $8.032B
YoY Change -7.11% 5.63% 0.37%
Cost Of Revenue $6.056B $8.014B $7.711B
YoY Change -11.53% 3.92% 0.73%
Gross Profit $427.4M $470.6M $320.5M
YoY Change 216.67% 46.85% -7.47%
Gross Profit Margin 6.59% 5.55% 3.99%
Selling, General & Admin $177.8M $156.1M $140.3M
YoY Change -5.22% 11.26% -7.21%
% of Gross Profit 41.59% 33.18% 43.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $95.80M $137.8M $120.1M
YoY Change -20.3% 14.67% -1.01%
% of Gross Profit 22.41% 29.27% 37.49%
Operating Expenses $177.8M $156.1M $140.3M
YoY Change -5.22% 11.26% -7.21%
Operating Profit $249.6M $314.5M $183.9M
YoY Change -705.3% 70.99% 4.06%
Interest Expense $41.27M $38.91M $40.70M
YoY Change 2.72% -4.41% 6.37%
% of Operating Profit 16.53% 12.37% 22.13%
Other Income/Expense, Net $11.00M $24.00M $24.00M
YoY Change -8.33% 0.0% -45.45%
Pretax Income $261.9M $367.2M $207.8M
YoY Change -1305.09% 76.73% -5.22%
Income Tax $13.55M $20.12M $20.61M
% Of Pretax Income 5.18% 5.48% 9.92%
Net Earnings $248.8M $347.5M $187.6M
YoY Change 49.85% 85.19% -7.73%
Net Earnings / Revenue 3.84% 4.1% 2.34%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 0.000 shares 0.000 shares 0.000 shares
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q1 2018 Q4 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $367.0M $266.0M $252.0M
YoY Change 93.16% 5.56% -51.07%
Cash & Equivalents $367.3M $266.2M $249.8M
Short-Term Investments
Other Short-Term Assets $245.4M $234.4M $270.7M
YoY Change -17.38% -13.4% 44.34%
Inventory $3.555B $3.184B $3.112B
Prepaid Expenses
Receivables $1.192B $1.516B $1.102B
Other Receivables $1.035B $1.170B $958.0M
Total Short-Term Assets $7.391B $7.188B $6.607B
YoY Change 3.7% 8.79% -16.88%
LONG-TERM ASSETS
Property, Plant & Equipment $5.016B $5.078B $5.266B
YoY Change -3.16% -3.57% -3.25%
Goodwill $138.5M $138.5M $153.7M
YoY Change -9.96% -9.89% -3.2%
Intangibles
YoY Change
Long-Term Investments $3.718B $3.775B $3.777B
YoY Change -0.93% -0.05% -1.36%
Other Assets $811.2M $813.2M $997.4M
YoY Change -14.03% -18.47% -5.41%
Total Long-Term Assets $9.545B $9.666B $10.04B
YoY Change -3.35% -3.73% -2.77%
TOTAL ASSETS
Total Short-Term Assets $7.391B $7.188B $6.607B
Total Long-Term Assets $9.545B $9.666B $10.04B
Total Assets $16.94B $16.85B $16.65B
YoY Change -0.4% 1.24% -8.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.630B $2.202B $2.445B
YoY Change -12.11% -9.91% -5.03%
Accrued Expenses $393.9M $428.9M $425.9M
YoY Change -15.29% 0.71% 7.16%
Deferred Revenue $560.4M $187.9M
YoY Change
Short-Term Debt $2.643B $2.402B $2.480B
YoY Change -11.69% -3.15% -23.17%
Long-Term Debt Due $167.8M $167.4M $71.02M
YoY Change 262.51% 135.73% -65.67%
Total Short-Term Liabilities $6.258B $6.254B $6.304B
YoY Change -7.84% -0.79% -17.63%
LONG-TERM LIABILITIES
Long-Term Debt $1.745B $1.740B $1.937B
YoY Change -8.94% -10.16% -1.13%
Other Long-Term Liabilities $310.3M $358.0M $315.3M
YoY Change 17.09% 13.56% -5.22%
Total Long-Term Liabilities $2.055B $2.098B $2.252B
YoY Change -5.78% -6.84% -1.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.258B $6.254B $6.304B
Total Long-Term Liabilities $2.055B $2.098B $2.252B
Total Liabilities $8.313B $8.352B $8.556B
YoY Change -7.34% -2.38% -13.96%
SHAREHOLDERS EQUITY
Retained Earnings $1.794B $1.664B $1.324B
YoY Change 23.72% 25.64% -16.83%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $8.394B $8.283B $7.731B
YoY Change
Total Liabilities & Shareholders Equity $16.94B $16.85B $16.65B
YoY Change -0.4% 1.24% -8.91%

Cashflow Statement

Concept 2019 Q1 2018 Q4 2017 Q4
OPERATING ACTIVITIES
Net Income $248.8M $347.5M $187.6M
YoY Change 49.85% 85.19% -7.73%
Depreciation, Depletion And Amortization $95.80M $137.8M $120.1M
YoY Change -20.3% 14.67% -1.01%
Cash From Operating Activities -$30.50M -$94.80M -$153.5M
YoY Change -93.76% -38.26% -164.4%
INVESTING ACTIVITIES
Capital Expenditures $73.20M $104.8M $85.82M
YoY Change 28.2% 22.05% -26.64%
Acquisitions $106.7M
YoY Change
Other Investing Activities $129.7M -$7.319M -$1.847M
YoY Change 473.89% 296.26% -248.35%
Cash From Investing Activities $56.50M -$154.8M -$62.77M
YoY Change -264.24% 146.58% -80.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 89.90M $49.06M $285.2M
YoY Change -81.1% -82.8% -12.9%
NET CHANGE
Cash From Operating Activities -30.50M -$94.80M -$153.5M
Cash From Investing Activities 56.50M -$154.8M -$62.77M
Cash From Financing Activities 89.90M $49.06M $285.2M
Net Change In Cash 115.9M -$202.0M $71.14M
YoY Change -342.98% -384.02% -70.22%
FREE CASH FLOW
Cash From Operating Activities -$30.50M -$94.80M -$153.5M
Capital Expenditures $73.20M $104.8M $85.82M
Free Cash Flow -$103.7M -$199.5M -$239.4M
YoY Change -81.01% -16.63% -297.12%

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