2011 Q4 Form 10-K Financial Statement
#000119312511343993 Filed on December 16, 2011
Income Statement
| Concept | 2011 Q4 | 2011 Q2 | 2011 Q1 |
|---|---|---|---|
| Revenue | $360.9M | $325.3M | $293.2M |
| YoY Change | 15.16% | 12.44% | 12.65% |
| Cost Of Revenue | $137.3M | $123.5M | $116.6M |
| YoY Change | 9.05% | -1.83% | 5.52% |
| Gross Profit | $223.6M | $201.8M | $176.6M |
| YoY Change | 19.27% | 23.4% | 17.89% |
| Gross Profit Margin | 61.96% | 62.02% | 60.23% |
| Selling, General & Admin | $139.7M | $126.4M | $113.5M |
| YoY Change | 27.12% | 13.57% | 12.82% |
| % of Gross Profit | 62.47% | 62.65% | 64.27% |
| Research & Development | $11.70M | $10.40M | $9.700M |
| YoY Change | 11.43% | 20.93% | 27.63% |
| % of Gross Profit | 5.23% | 5.15% | 5.49% |
| Depreciation & Amortization | $26.30M | $23.50M | $22.90M |
| YoY Change | 13.36% | -2.08% | 0.0% |
| % of Gross Profit | 11.76% | 11.65% | 12.97% |
| Operating Expenses | $157.0M | $141.5M | $127.9M |
| YoY Change | 25.7% | 13.75% | 13.79% |
| Operating Profit | $66.63M | $60.26M | $48.71M |
| YoY Change | 6.44% | 54.12% | 30.23% |
| Interest Expense | -$2.900M | -$4.000M | -$7.700M |
| YoY Change | -67.42% | -58.76% | -24.51% |
| % of Operating Profit | -4.35% | -6.64% | -15.81% |
| Other Income/Expense, Net | -$800.0K | -$100.0K | $0.00 |
| YoY Change | -180.0% | -150.0% | -100.0% |
| Pretax Income | $62.88M | $39.72M | $41.03M |
| YoY Change | 16.71% | 1506.8% | 67.97% |
| Income Tax | $6.242M | $4.360M | $1.813M |
| % Of Pretax Income | 9.93% | 10.98% | 4.42% |
| Net Earnings | $56.64M | $35.36M | $39.22M |
| YoY Change | 17.51% | 685.78% | 92.23% |
| Net Earnings / Revenue | 15.69% | 10.87% | 13.37% |
| Basic Earnings Per Share | $1.19 | $0.76 | $0.85 |
| Diluted Earnings Per Share | $1.15 | $0.73 | $0.83 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 46.51M | 45.99M | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2011 Q4 | 2011 Q2 | 2011 Q1 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $5.200M | $8.400M | $3.300M |
| YoY Change | 44.44% | -14.29% | 83.33% |
| Cash & Equivalents | $5.175M | $8.400M | $3.300M |
| Short-Term Investments | |||
| Other Short-Term Assets | $66.80M | $76.90M | $70.60M |
| YoY Change | 7.22% | 9.08% | 4.13% |
| Inventory | $253.6M | $249.4M | $240.0M |
| Prepaid Expenses | |||
| Receivables | $214.8M | $203.8M | $189.5M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $540.3M | $538.4M | $503.3M |
| YoY Change | 9.98% | 9.12% | 1.39% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $609.2M | $606.0M | $595.8M |
| YoY Change | 2.58% | 6.41% | 1.55% |
| Goodwill | $1.277B | ||
| YoY Change | 1.16% | ||
| Intangibles | $128.3M | ||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $48.23M | $74.90M | $73.70M |
| YoY Change | -24.17% | 6.7% | 7.59% |
| Total Long-Term Assets | $2.084B | $2.087B | $2.069B |
| YoY Change | 2.48% | 3.52% | 2.15% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $540.3M | $538.4M | $503.3M |
| Total Long-Term Assets | $2.084B | $2.087B | $2.069B |
| Total Assets | $2.625B | $2.625B | $2.572B |
| YoY Change | 3.94% | 4.62% | 2.0% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $61.76M | $51.60M | $48.30M |
| YoY Change | 19.22% | 20.56% | 33.8% |
| Accrued Expenses | $48.80M | $36.50M | $32.60M |
| YoY Change | 8.93% | -74.19% | -72.28% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $52.98M | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $12.50M | $29.10M | $15.50M |
| YoY Change | -34.9% | 113.97% | -18.85% |
| Total Short-Term Liabilities | $267.2M | $206.2M | $186.1M |
| YoY Change | 33.94% | -1.01% | 4.08% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $327.5M | $524.1M | $586.7M |
| YoY Change | -44.69% | -25.06% | -18.99% |
| Other Long-Term Liabilities | $72.20M | $63.60M | $56.60M |
| YoY Change | 55.27% | 37.37% | 10.33% |
| Total Long-Term Liabilities | $327.5M | $587.7M | $643.3M |
| YoY Change | -48.72% | -21.19% | -17.05% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $267.2M | $206.2M | $186.1M |
| Total Long-Term Liabilities | $327.5M | $587.7M | $643.3M |
| Total Liabilities | $687.0M | $814.9M | $849.6M |
| YoY Change | -19.95% | -15.69% | -12.35% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $773.1M | ||
| YoY Change | |||
| Common Stock | $4.802M | ||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | $2.590M | ||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $1.937B | $1.810B | $1.722B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $2.625B | $2.625B | $2.572B |
| YoY Change | 3.94% | 4.62% | 2.0% |
Cashflow Statement
| Concept | 2011 Q4 | 2011 Q2 | 2011 Q1 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $56.64M | $35.36M | $39.22M |
| YoY Change | 17.51% | 685.78% | 92.23% |
| Depreciation, Depletion And Amortization | $26.30M | $23.50M | $22.90M |
| YoY Change | 13.36% | -2.08% | 0.0% |
| Cash From Operating Activities | $111.0M | $64.90M | $72.90M |
| YoY Change | 71.83% | -9.48% | 29.95% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$32.50M | -$23.20M | -$28.80M |
| YoY Change | -0.91% | 107.14% | 123.26% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$17.00M | -$4.200M | -$32.40M |
| YoY Change | 4150.0% | -81.33% | 281.18% |
| Cash From Investing Activities | -$49.60M | -$27.40M | -$61.20M |
| YoY Change | 49.4% | -18.69% | 185.98% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -63.70M | -32.80M | -11.90M |
| YoY Change | 103.51% | 9.33% | -67.66% |
| NET CHANGE | |||
| Cash From Operating Activities | 111.0M | 64.90M | 72.90M |
| Cash From Investing Activities | -49.60M | -27.40M | -61.20M |
| Cash From Financing Activities | -63.70M | -32.80M | -11.90M |
| Net Change In Cash | -2.300M | 4.700M | -200.0K |
| YoY Change | -2400.0% | -41.25% | -90.48% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $111.0M | $64.90M | $72.90M |
| Capital Expenditures | -$32.50M | -$23.20M | -$28.80M |
| Free Cash Flow | $143.5M | $88.10M | $101.7M |
| YoY Change | 47.33% | 6.27% | 47.39% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2011Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.85 | |
| CY2011Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.76 | |
| CY2011Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.19 | |
| CY2011Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
325301000 | |
| CY2011Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
351396000 | |
| CY2011Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
360909000 | |
| CY2011Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.83 | |
| CY2011Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.73 | |
| CY2011Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.90 | |
| CY2011Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.15 | |
| CY2011Q1 | us-gaap |
Gross Profit
GrossProfit
|
176606000 | |
| CY2011Q2 | us-gaap |
Gross Profit
GrossProfit
|
201762000 | |
| CY2011Q3 | us-gaap |
Gross Profit
GrossProfit
|
202802000 | |
| CY2011Q4 | us-gaap |
Gross Profit
GrossProfit
|
223634000 | |
| CY2010Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
24426000 | |
| CY2010Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
2472000 | |
| CY2010Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
43652000 | |
| CY2010Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
53876000 | |
| CY2011Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
41028000 | |
| CY2011Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
39720000 | |
| CY2011Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
49136000 | |
| CY2011Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.93 | |
| CY2011Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
62880000 | |
| CY2011Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1813000 | |
| CY2011Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4360000 | |
| CY2011Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4919000 | |
| CY2011Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
6242000 | |
| CY2011Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
39215000 | |
| CY2011Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
35360000 | |
| CY2011Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
44217000 | |
| CY2011Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
56638000 | |
| CY2011Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
293229000 |
