2019 Q1 Form 10-Q Financial Statement

#000156459019016194 Filed on May 07, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q1
Revenue $714.7M $780.0M
YoY Change -8.37% 0.05%
Cost Of Revenue $253.1M $281.7M
YoY Change -10.15% -4.48%
Gross Profit $461.6M $498.2M
YoY Change -7.35% 2.79%
Gross Profit Margin 64.58% 63.87%
Selling, General & Admin $221.5M $217.6M
YoY Change 1.79% 5.27%
% of Gross Profit 47.99% 43.68%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $64.46M $64.40M
YoY Change 0.1% 12.27%
% of Gross Profit 13.96% 12.93%
Operating Expenses $394.9M $391.5M
YoY Change 0.87% 11.1%
Operating Profit $57.37M $102.2M
YoY Change -43.89% -22.07%
Interest Expense $25.14M $27.12M
YoY Change -7.28% 2.83%
% of Operating Profit 43.82% 26.52%
Other Income/Expense, Net -$12.26M -$14.97M
YoY Change -18.11% 126.82%
Pretax Income $45.11M $87.27M
YoY Change -48.31% -29.95%
Income Tax $11.92M $25.10M
% Of Pretax Income 26.42% 28.76%
Net Earnings $32.73M $62.02M
YoY Change -47.23% -22.21%
Net Earnings / Revenue 4.58% 7.95%
Basic Earnings Per Share $0.28 $0.53
Diluted Earnings Per Share $0.28 $0.53
COMMON SHARES
Basic Shares Outstanding 116.2M 115.9M
Diluted Shares Outstanding 116.4M 116.1M

Balance Sheet

Concept 2019 Q1 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $425.2M $474.0M
YoY Change -10.3% -18.88%
Cash & Equivalents $425.2M $474.0M
Short-Term Investments
Other Short-Term Assets $11.90M $19.40M
YoY Change -38.66% -42.77%
Inventory $18.14M $17.10M
Prepaid Expenses
Receivables $85.06M $78.20M
Other Receivables $4.200M $3.000M
Total Short-Term Assets $544.5M $591.7M
YoY Change -7.98% -16.41%
LONG-TERM ASSETS
Property, Plant & Equipment $1.724B $1.836B
YoY Change -6.06% 0.42%
Goodwill $1.277B
YoY Change
Intangibles $325.0M
YoY Change
Long-Term Investments $429.9M $321.2M
YoY Change 33.84% 5.31%
Other Assets $38.91M $45.70M
YoY Change -14.86% 15.57%
Total Long-Term Assets $5.246B $3.822B
YoY Change 37.27% 3.98%
TOTAL ASSETS
Total Short-Term Assets $544.5M $591.7M
Total Long-Term Assets $5.246B $3.822B
Total Assets $5.791B $4.414B
YoY Change 31.21% 0.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $390.6M $329.7M
YoY Change 18.47% -10.82%
Accrued Expenses $211.4M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $7.984M $34.20M
YoY Change -76.65% 381.76%
Total Short-Term Liabilities $657.0M $387.3M
YoY Change 69.63% -11.88%
LONG-TERM LIABILITIES
Long-Term Debt $1.772B $2.021B
YoY Change -12.31% 13.38%
Other Long-Term Liabilities $31.99M $398.3M
YoY Change -91.97% 802.62%
Total Long-Term Liabilities $3.670B $2.419B
YoY Change 51.69% -7.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $657.0M $387.3M
Total Long-Term Liabilities $3.670B $2.419B
Total Liabilities $4.327B $2.954B
YoY Change 46.5% -3.17%
SHAREHOLDERS EQUITY
Retained Earnings $696.3M
YoY Change
Common Stock $1.159B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $81.21M
YoY Change
Treasury Stock Shares $4.685M
Shareholders Equity $1.452B $1.460B
YoY Change
Total Liabilities & Shareholders Equity $5.791B $4.414B
YoY Change 31.21% 0.69%

Cashflow Statement

Concept 2019 Q1 2018 Q1
OPERATING ACTIVITIES
Net Income $32.73M $62.02M
YoY Change -47.23% -22.21%
Depreciation, Depletion And Amortization $64.46M $64.40M
YoY Change 0.1% 12.27%
Cash From Operating Activities $104.3M $83.65M
YoY Change 24.66% -44.45%
INVESTING ACTIVITIES
Capital Expenditures $57.57M $80.16M
YoY Change -28.19% -12.09%
Acquisitions
YoY Change
Other Investing Activities $100.0K $1.200M
YoY Change -91.67% -66.67%
Cash From Investing Activities -$57.51M -$78.92M
YoY Change -27.13% -9.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $1.649M $1.649M
YoY Change 0.0%
Cash From Financing Activities -47.91M -53.45M
YoY Change -10.36% 28.17%
NET CHANGE
Cash From Operating Activities 104.3M 83.65M
Cash From Investing Activities -57.51M -78.92M
Cash From Financing Activities -47.91M -53.45M
Net Change In Cash -1.028M -48.72M
YoY Change -97.89% -328.71%
FREE CASH FLOW
Cash From Operating Activities $104.3M $83.65M
Capital Expenditures $57.57M $80.16M
Free Cash Flow $46.72M $3.489M
YoY Change 1238.92% -94.13%

Facts In Submission

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CY2018Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
7273000

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