$COMM
CommScope Holding Company, Inc.

2021 Q1 Form 10-Q Financial Statement

#000156459021024249 Filed on May 06, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $2.072B $2.033B
YoY Change 1.91% 84.92%
Cost Of Revenue $1.400B $1.392B
YoY Change 0.56% 98.43%
Gross Profit $672.2M $641.2M
YoY Change 4.83% 61.11%
Gross Profit Margin 32.44% 31.54%
Selling, General & Admin $292.7M $305.7M
YoY Change -4.25% 85.61%
% of Gross Profit 43.54% 47.68%
Research & Development $171.5M $180.4M
YoY Change -4.93% 259.36%
% of Gross Profit 25.51% 28.13%
Depreciation & Amortization $37.70M $41.80M
YoY Change -9.81% 136.16%
% of Gross Profit 5.61% 6.52%
Operating Expenses $663.3M $673.0M
YoY Change -1.44% 119.0%
Operating Profit $8.900M -$31.80M
YoY Change -127.99% -135.06%
Interest Expense $137.5M -$156.7M
YoY Change -187.75% -260.72%
% of Operating Profit 1544.94%
Other Income/Expense, Net $1.000M -$2.800M
YoY Change -135.71% -50.88%
Pretax Income -$127.1M -$191.3M
YoY Change -33.56% 27228.57%
Income Tax $29.50M -$31.40M
% Of Pretax Income
Net Earnings -$97.60M -$159.9M
YoY Change -38.96% 6852.17%
Net Earnings / Revenue -4.71% -7.86%
Basic Earnings Per Share -$0.55 -$0.89
Diluted Earnings Per Share -$0.55 -$0.89
COMMON SHARES
Basic Shares Outstanding 201.7 194.9M
Diluted Shares Outstanding 201.7 194.9M

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $326.0M $394.0M
YoY Change -17.26% 123.86%
Cash & Equivalents $325.9M $394.3M
Short-Term Investments
Other Short-Term Assets $266.0M $238.0M
YoY Change 11.76% 56.58%
Inventory $1.094B $909.4M
Prepaid Expenses
Receivables $1.639B $1.604B
Other Receivables $0.00 $0.00
Total Short-Term Assets $3.325B $3.146B
YoY Change 5.7% 72.75%
LONG-TERM ASSETS
Property, Plant & Equipment $816.0M $693.5M
YoY Change 17.66% 52.82%
Goodwill $5.262B $5.425B
YoY Change -2.99% 89.68%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $468.0M $512.5M
YoY Change -8.68% 170.45%
Total Long-Term Assets $10.04B $10.73B
YoY Change -6.44% 25.41%
TOTAL ASSETS
Total Short-Term Assets $3.325B $3.146B
Total Long-Term Assets $10.04B $10.73B
Total Assets $13.36B $13.87B
YoY Change -3.69% 33.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.059B $974.0M
YoY Change 8.73% 104.92%
Accrued Expenses $670.0M $679.0M
YoY Change -1.33% 72.34%
Deferred Revenue $118.9M $119.2M
YoY Change -0.25% 1104.04%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $32.00M $32.00M
YoY Change 0.0%
Total Short-Term Liabilities $1.927B $1.853B
YoY Change 4.0% 104.76%
LONG-TERM LIABILITIES
Long-Term Debt $9.487B $9.699B
YoY Change -2.19% 30.02%
Other Long-Term Liabilities $508.0M $527.1M
YoY Change -3.62% 184.3%
Total Long-Term Liabilities $9.487B $10.23B
YoY Change -7.23% 33.76%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.927B $1.853B
Total Long-Term Liabilities $9.487B $10.23B
Total Liabilities $12.11B $12.29B
YoY Change -1.41% 42.36%
SHAREHOLDERS EQUITY
Retained Earnings -$1.339B
YoY Change 431.22%
Common Stock $2.458B
YoY Change 2.58%
Preferred Stock
YoY Change
Treasury Stock (at cost) $240.4M
YoY Change 5.07%
Treasury Stock Shares $7.981M
Shareholders Equity -$207.8M $573.4M
YoY Change
Total Liabilities & Shareholders Equity $13.36B $13.87B
YoY Change -3.69% 33.72%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income -$97.60M -$159.9M
YoY Change -38.96% 6852.17%
Depreciation, Depletion And Amortization $37.70M $41.80M
YoY Change -9.81% 136.16%
Cash From Operating Activities -$124.0M -$42.70M
YoY Change 190.4% 327.0%
INVESTING ACTIVITIES
Capital Expenditures $26.40M $23.90M
YoY Change 10.46% 11.68%
Acquisitions
YoY Change
Other Investing Activities $0.00 $100.0K
YoY Change -100.0% -100.0%
Cash From Investing Activities -$25.40M -$23.80M
YoY Change 6.72% -99.37%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $8.000M $108.0M
YoY Change -92.59% -52.0%
Cash From Financing Activities -42.70M -113.0M
YoY Change -62.21% -103.22%
NET CHANGE
Cash From Operating Activities -124.0M -42.70M
Cash From Investing Activities -25.40M -23.80M
Cash From Financing Activities -42.70M -113.0M
Net Change In Cash -196.0M -203.9M
YoY Change -3.87% -27.77%
FREE CASH FLOW
Cash From Operating Activities -$124.0M -$42.70M
Capital Expenditures $26.40M $23.90M
Free Cash Flow -$150.4M -$66.60M
YoY Change 125.83% 112.1%

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CY2021Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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CY2020Q1 us-gaap Allocated Share Based Compensation Expense
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23500000

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