2015 Q3 Form 10-Q Financial Statement

#000109166715000263 Filed on October 29, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2014 Q4 2014 Q3
Revenue $2.450B $2.360B $2.287B
YoY Change 7.13% 9.87% 7.98%
Cost Of Revenue $1.462B $1.404B $1.382B
YoY Change 5.79% 10.9% 9.16%
Gross Profit $988.0M $956.0M $905.0M
YoY Change 9.17% 8.39% 6.22%
Gross Profit Margin 40.33% 40.51% 39.57%
Selling, General & Admin $158.0M $125.0M $136.0M
YoY Change 16.18% -3.1% 3.82%
% of Gross Profit 15.99% 13.08% 15.03%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $471.0M $534.0M $535.0M
YoY Change -11.96% 6.8% 8.52%
% of Gross Profit 47.67% 55.86% 59.12%
Operating Expenses $1.620B $659.0M $1.518B
YoY Change 6.72% 4.77% 8.66%
Operating Profit $273.0M $277.0M $218.0M
YoY Change 25.23% 13.52% 4.31%
Interest Expense -$358.0M -$277.0M $217.0M
YoY Change -264.98% 32.54% 1.4%
% of Operating Profit -131.14% -100.0% 99.54%
Other Income/Expense, Net -$361.0M -$212.0M
YoY Change 70.28% -4.5%
Pretax Income -$88.00M $0.00 $6.000M
YoY Change -1566.67% -100.0% -146.15%
Income Tax -$142.0M $48.00M $59.00M
% Of Pretax Income 983.33%
Net Earnings $54.00M -$48.00M -$53.00M
YoY Change -201.89% -223.08% -24.29%
Net Earnings / Revenue 2.2% -2.03% -2.32%
Basic Earnings Per Share $0.54
Diluted Earnings Per Share $0.53 -$480.0K -$540.8K
COMMON SHARES
Basic Shares Outstanding 101.2M shares 112.0M shares 109.3M shares
Diluted Shares Outstanding 102.5M shares

Balance Sheet

Concept 2015 Q3 2014 Q4 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $0.00 $3.000M $10.00M
YoY Change -100.0% -85.71% -75.61%
Cash & Equivalents $0.00 $3.000M $10.00M
Short-Term Investments
Other Short-Term Assets $114.0M $57.00M $90.00M
YoY Change 26.67% -14.93% 11.11%
Inventory
Prepaid Expenses
Receivables $292.0M $285.0M $270.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $406.0M $345.0M $370.0M
YoY Change 9.73% 7.14% 3.64%
LONG-TERM ASSETS
Property, Plant & Equipment $8.281B $8.373B $8.305B
YoY Change -0.29% 4.91% 5.96%
Goodwill $1.168B $1.168B $1.170B
YoY Change -0.17% -0.76% 0.95%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $470.0M $280.0M $408.0M
YoY Change 15.2% -32.85% -3.32%
Total Long-Term Assets $36.47B $24.04B $20.58B
YoY Change 77.2% 41.65% 21.83%
TOTAL ASSETS
Total Short-Term Assets $406.0M $345.0M $370.0M
Total Long-Term Assets $36.47B $24.04B $20.58B
Total Assets $36.87B $24.39B $20.95B
YoY Change 76.0% 41.01% 21.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $121.0M $140.0M $105.0M
YoY Change 15.24% 53.85% 29.63%
Accrued Expenses $1.615B $1.410B $1.397B
YoY Change 15.6% 9.64% 15.36%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $1.829B $1.635B $1.586B
YoY Change 15.32% 11.45% 14.76%
LONG-TERM LIABILITIES
Long-Term Debt $33.28B $20.89B $17.60B
YoY Change 89.15% 47.29% 22.99%
Other Long-Term Liabilities $87.00M $72.00M $62.00M
YoY Change 40.32% 10.77% -10.14%
Total Long-Term Liabilities $33.37B $20.96B $17.66B
YoY Change 88.98% 47.12% 22.83%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.829B $1.635B $1.586B
Total Long-Term Liabilities $33.37B $20.96B $17.66B
Total Liabilities $35.20B $22.59B $19.24B
YoY Change 82.91% 43.79% 22.12%
SHAREHOLDERS EQUITY
Retained Earnings -$1.911B -$1.762B -$1.703B
YoY Change 12.21% 12.37% 6.44%
Common Stock $2.010B $1.930B $1.843B
YoY Change 9.06% 9.66% 7.15%
Preferred Stock
YoY Change
Treasury Stock (at cost) $24.00M $0.00 $18.00M
YoY Change 33.33% 63.64%
Treasury Stock Shares 119.8K shares 0.000 shares 122.6K shares
Shareholders Equity $60.00M $146.0M $97.00M
YoY Change
Total Liabilities & Shareholders Equity $36.87B $24.39B $20.95B
YoY Change 76.0% 41.01% 21.45%

Cashflow Statement

Concept 2015 Q3 2014 Q4 2014 Q3
OPERATING ACTIVITIES
Net Income $54.00M -$48.00M -$53.00M
YoY Change -201.89% -223.08% -24.29%
Depreciation, Depletion And Amortization $471.0M $534.0M $535.0M
YoY Change -11.96% 6.8% 8.52%
Cash From Operating Activities $689.0M $630.0M $520.0M
YoY Change 32.5% 5.88% -3.35%
INVESTING ACTIVITIES
Capital Expenditures -$509.0M -$543.0M -$569.0M
YoY Change -10.54% -4.06% 33.88%
Acquisitions
YoY Change
Other Investing Activities -$19.60B -$3.596B -$3.530B
YoY Change 455.18% -7438.78% 438.93%
Cash From Investing Activities -$20.11B -$4.139B -$4.099B
YoY Change 390.53% 700.58% 279.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 19.39B 3.502B 3.580B
YoY Change 441.56% -3673.47% 564.19%
NET CHANGE
Cash From Operating Activities 689.0M 630.0M 520.0M
Cash From Investing Activities -20.11B -4.139B -4.099B
Cash From Financing Activities 19.39B 3.502B 3.580B
Net Change In Cash -30.00M -7.000M 1.000M
YoY Change -3100.0% -65.0% -133.33%
FREE CASH FLOW
Cash From Operating Activities $689.0M $630.0M $520.0M
Capital Expenditures -$509.0M -$543.0M -$569.0M
Free Cash Flow $1.198B $1.173B $1.089B
YoY Change 10.01% 1.03% 13.08%

Facts In Submission

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