2023 Q4 Form 10-Q Financial Statement

#000001673223000176 Filed on December 06, 2023

View on sec.gov

Income Statement

Concept 2023 Q4
Revenue $2.518B
YoY Change -2.21%
Cost Of Revenue $1.730B
YoY Change -0.63%
Gross Profit $788.0M
YoY Change -5.52%
Gross Profit Margin 31.29%
Selling, General & Admin $380.0M
YoY Change 5.85%
% of Gross Profit 48.22%
Research & Development $24.00M
YoY Change 14.29%
% of Gross Profit 3.05%
Depreciation & Amortization $96.00M
YoY Change 5.49%
% of Gross Profit 12.18%
Operating Expenses $404.0M
YoY Change 6.32%
Operating Profit $358.0M
YoY Change -17.89%
Interest Expense $49.00M
YoY Change 4.26%
% of Operating Profit 13.69%
Other Income/Expense, Net -$24.00M
YoY Change 33.33%
Pretax Income $310.0M
YoY Change -20.51%
Income Tax $76.00M
% Of Pretax Income 24.52%
Net Earnings $234.0M
YoY Change -21.21%
Net Earnings / Revenue 9.29%
Basic Earnings Per Share $0.79
Diluted Earnings Per Share $0.78
COMMON SHARES
Basic Shares Outstanding 298.0M shares
Diluted Shares Outstanding 299.0M shares

Balance Sheet

Concept 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $91.00M
YoY Change -30.0%
Cash & Equivalents $91.00M
Short-Term Investments
Other Short-Term Assets $82.00M
YoY Change 2.5%
Inventory $1.340B
Prepaid Expenses
Receivables $726.0M
Other Receivables $0.00
Total Short-Term Assets $2.239B
YoY Change -2.82%
LONG-TERM ASSETS
Property, Plant & Equipment $2.429B
YoY Change 5.06%
Goodwill $3.960B
YoY Change -0.33%
Intangibles $3.125B
YoY Change -1.95%
Long-Term Investments
YoY Change
Other Assets $504.0M
YoY Change 25.69%
Total Long-Term Assets $10.02B
YoY Change 1.47%
TOTAL ASSETS
Total Short-Term Assets $2.239B
Total Long-Term Assets $10.02B
Total Assets $12.26B
YoY Change 0.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.368B
YoY Change -5.46%
Accrued Expenses $541.0M
YoY Change 1.31%
Deferred Revenue
YoY Change
Short-Term Debt $194.0M
YoY Change -77.04%
Long-Term Debt Due $12.00M
YoY Change -7.69%
Total Short-Term Liabilities $2.310B
YoY Change -23.84%
LONG-TERM LIABILITIES
Long-Term Debt $4.500B
YoY Change 12.67%
Other Long-Term Liabilities $614.0M
YoY Change 1.82%
Total Long-Term Liabilities $614.0M
YoY Change 1.82%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.310B
Total Long-Term Liabilities $614.0M
Total Liabilities $8.500B
YoY Change -2.39%
SHAREHOLDERS EQUITY
Retained Earnings $4.573B
YoY Change 8.26%
Common Stock $400.0M
YoY Change 3.36%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.755B
YoY Change
Total Liabilities & Shareholders Equity $12.26B
YoY Change 0.66%

Cashflow Statement

Concept 2023 Q4
OPERATING ACTIVITIES
Net Income $234.0M
YoY Change -21.21%
Depreciation, Depletion And Amortization $96.00M
YoY Change 5.49%
Cash From Operating Activities $174.0M
YoY Change -23.35%
INVESTING ACTIVITIES
Capital Expenditures $143.0M
YoY Change 85.71%
Acquisitions
YoY Change
Other Investing Activities $6.000M
YoY Change -700.0%
Cash From Investing Activities -$137.0M
YoY Change 75.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $28.00M
YoY Change -31.71%
Debt Paid & Issued, Net $0.00
YoY Change
Cash From Financing Activities -$135.0M
YoY Change 6.3%
NET CHANGE
Cash From Operating Activities $174.0M
Cash From Investing Activities -$137.0M
Cash From Financing Activities -$135.0M
Net Change In Cash -$98.00M
YoY Change -566.67%
FREE CASH FLOW
Cash From Operating Activities $174.0M
Capital Expenditures $143.0M
Free Cash Flow $31.00M
YoY Change -79.33%

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Files In Submission

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