2018 Q1 Form 10-Q Financial Statement

#000093639518000013 Filed on March 07, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1
Revenue $646.1M $621.5M
YoY Change 3.96% 8.44%
Cost Of Revenue $374.4M $347.7M
YoY Change 7.67% 8.1%
Gross Profit $271.8M $273.8M
YoY Change -0.74% 8.88%
Gross Profit Margin 42.06% 44.05%
Selling, General & Admin $126.9M $120.9M
YoY Change 5.01% 6.38%
% of Gross Profit 46.7% 44.15%
Research & Development $118.5M $116.9M
YoY Change 1.42% 8.17%
% of Gross Profit 43.61% 42.69%
Depreciation & Amortization $20.83M $16.70M
YoY Change 24.76% 15.57%
% of Gross Profit 7.67% 6.1%
Operating Expenses $255.0M $254.7M
YoY Change 0.14% 6.02%
Operating Profit $16.74M $19.10M
YoY Change -12.4% 69.98%
Interest Expense $13.73M $15.20M
YoY Change -9.66% 19.61%
% of Operating Profit 82.06% 79.58%
Other Income/Expense, Net -$183.0K $481.0K
YoY Change -138.05% -202.12%
Pretax Income $4.577M $4.271M
YoY Change 7.16% -141.68%
Income Tax $477.9M $410.0K
% Of Pretax Income 10442.21% 9.6%
Net Earnings -$473.4M $3.861M
YoY Change -12360.11% -133.44%
Net Earnings / Revenue -73.26% 0.62%
Basic Earnings Per Share -$3.29 $0.03
Diluted Earnings Per Share -$3.29 $0.03
COMMON SHARES
Basic Shares Outstanding 143.9M shares 140.7M shares
Diluted Shares Outstanding 143.9M shares 142.2M shares

Balance Sheet

Concept 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $927.6M $943.9M
YoY Change -1.73% 8.46%
Cash & Equivalents $648.9M $693.9M
Short-Term Investments $278.7M $250.1M
Other Short-Term Assets $186.8M $156.6M
YoY Change 19.28% -6.95%
Inventory $255.3M $284.6M
Prepaid Expenses
Receivables $553.7M $595.7M
Other Receivables $0.00 $17.20M
Total Short-Term Assets $1.923B $1.998B
YoY Change -3.74% 14.11%
LONG-TERM ASSETS
Property, Plant & Equipment $318.8M $293.2M
YoY Change 8.75% 46.9%
Goodwill $267.9M $267.2M
YoY Change 0.27% 4.19%
Intangibles $96.49M $127.8M
YoY Change -24.53%
Long-Term Investments $59.20M $109.9M
YoY Change -46.13% -12.15%
Other Assets $64.15M $63.94M
YoY Change 0.32% -14.83%
Total Long-Term Assets $1.546B $862.0M
YoY Change 79.34% 2.83%
TOTAL ASSETS
Total Short-Term Assets $1.923B $1.998B
Total Long-Term Assets $1.546B $862.0M
Total Assets $3.469B $2.860B
YoY Change 21.3% 10.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $209.2M $273.5M
YoY Change -23.5% 48.77%
Accrued Expenses $268.2M $264.6M
YoY Change 1.36% 0.89%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $356.7M $192.4M
YoY Change 85.4% 2953.97%
Total Short-Term Liabilities $933.4M $841.6M
YoY Change 10.91% 51.57%
LONG-TERM LIABILITIES
Long-Term Debt $584.6M $1.103B
YoY Change -46.98% -12.37%
Other Long-Term Liabilities $116.0M $121.3M
YoY Change -4.41% 48.47%
Total Long-Term Liabilities $116.0M $121.3M
YoY Change -4.41% 48.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $933.4M $841.6M
Total Long-Term Liabilities $116.0M $121.3M
Total Liabilities $1.713B $2.061B
YoY Change -16.88% 5.04%
SHAREHOLDERS EQUITY
Retained Earnings -$5.076B -$5.922B
YoY Change -14.29% -1.46%
Common Stock $6.830B $6.739B
YoY Change 1.35% 1.11%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.756B $798.9M
YoY Change
Total Liabilities & Shareholders Equity $3.469B $2.860B
YoY Change 21.3% 10.46%

Cashflow Statement

Concept 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income -$473.4M $3.861M
YoY Change -12360.11% -133.44%
Depreciation, Depletion And Amortization $20.83M $16.70M
YoY Change 24.76% 15.57%
Cash From Operating Activities $35.70M -$26.25M
YoY Change -236.01% -275.23%
INVESTING ACTIVITIES
Capital Expenditures $25.66M $25.71M
YoY Change -0.17% -10.97%
Acquisitions
YoY Change
Other Investing Activities -$7.800M $5.500M
YoY Change -241.82% -105.23%
Cash From Investing Activities -$33.48M -$20.16M
YoY Change 66.04% -84.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$6.905M -$9.708M
YoY Change -28.87% -209.45%
Debt Paid & Issued, Net $1.000M $46.30M
YoY Change -97.84% 216.25%
Cash From Financing Activities $4.991M -$37.19M
YoY Change -113.42% 353.96%
NET CHANGE
Cash From Operating Activities $35.70M -$26.25M
Cash From Investing Activities -$33.48M -$20.16M
Cash From Financing Activities $4.991M -$37.19M
Net Change In Cash $7.216M -$83.61M
YoY Change -108.63% -34.3%
FREE CASH FLOW
Cash From Operating Activities $35.70M -$26.25M
Capital Expenditures $25.66M $25.71M
Free Cash Flow $10.04M -$51.96M
YoY Change -119.33% 273.97%

Facts In Submission

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140682000 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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143922000 shares

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