2015 Q2 Form 10-Q Financial Statement

#000132046115000076 Filed on July 31, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q2
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue $706.9M $711.4M
YoY Change -0.64% 9.04%
Gross Profit $154.0M $146.1M
YoY Change 5.37% 10.47%
Gross Profit Margin
Selling, General & Admin $84.08M $81.87M
YoY Change 2.69% 12.55%
% of Gross Profit 54.61% 56.04%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $29.40M $28.50M
YoY Change 3.16% 1.79%
% of Gross Profit 19.1% 19.51%
Operating Expenses $84.08M $81.87M
YoY Change 2.69% 12.55%
Operating Profit $58.78M $56.48M
YoY Change 4.06% 3.5%
Interest Expense -$8.100M -$7.000M
YoY Change 15.71% -60.23%
% of Operating Profit -13.78% -12.39%
Other Income/Expense, Net $2.111M -$28.63M
YoY Change -107.37% 376.18%
Pretax Income $52.98M $18.68M
YoY Change 183.66% -51.3%
Income Tax $16.44M $4.424M
% Of Pretax Income 31.04% 23.69%
Net Earnings $36.50M $13.19M
YoY Change 176.61% -51.9%
Net Earnings / Revenue
Basic Earnings Per Share $2.14 $0.78
Diluted Earnings Per Share $1.98 $0.72
COMMON SHARES
Basic Shares Outstanding 17.08M shares 16.92M shares
Diluted Shares Outstanding 18.41M shares 18.43M shares

Balance Sheet

Concept 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $204.8M $207.4M
YoY Change -1.25% 29.22%
Cash & Equivalents $204.8M $207.4M
Short-Term Investments
Other Short-Term Assets $76.24M $109.9M
YoY Change -30.6% 21.02%
Inventory $182.8M $186.0M
Prepaid Expenses $34.84M $26.56M
Receivables $468.5M $438.0M
Other Receivables $145.3M $150.8M
Total Short-Term Assets $1.113B $1.119B
YoY Change -0.54% 10.88%
LONG-TERM ASSETS
Property, Plant & Equipment $785.3M $747.7M
YoY Change 5.03% 18.06%
Goodwill $152.0M $139.4M
YoY Change 9.02% 4.53%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $86.66M $108.0M
YoY Change -19.78% 22.65%
Total Long-Term Assets $1.148B $1.118B
YoY Change 2.68% 9.82%
TOTAL ASSETS
Total Short-Term Assets $1.113B $1.119B
Total Long-Term Assets $1.148B $1.118B
Total Assets $2.261B $2.237B
YoY Change 1.07% 10.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $347.2M $313.8M
YoY Change 10.67% 13.5%
Accrued Expenses $102.0M $82.19M
YoY Change 24.1% 8.22%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $60.30M $29.50M
YoY Change 104.41% -10.61%
Total Short-Term Liabilities $629.9M $551.6M
YoY Change 14.19% 11.5%
LONG-TERM LIABILITIES
Long-Term Debt $743.4M $763.0M
YoY Change -2.57% 17.95%
Other Long-Term Liabilities $42.01M $41.31M
YoY Change 1.71% 4.98%
Total Long-Term Liabilities $42.01M $41.31M
YoY Change 1.71% 4.98%
TOTAL LIABILITIES
Total Short-Term Liabilities $629.9M $551.6M
Total Long-Term Liabilities $42.01M $41.31M
Total Liabilities $1.670B $1.566B
YoY Change 6.62% 8.07%
SHAREHOLDERS EQUITY
Retained Earnings $252.5M $188.4M
YoY Change 34.04% 26.15%
Common Stock $504.0M $501.2M
YoY Change 0.56% 31.7%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $579.2M $665.5M
YoY Change
Total Liabilities & Shareholders Equity $2.261B $2.237B
YoY Change 1.07% 10.35%

Cashflow Statement

Concept 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income $36.50M $13.19M
YoY Change 176.61% -51.9%
Depreciation, Depletion And Amortization $29.40M $28.50M
YoY Change 3.16% 1.79%
Cash From Operating Activities $66.10M $50.30M
YoY Change 31.41% -454.23%
INVESTING ACTIVITIES
Capital Expenditures -$44.60M -$47.00M
YoY Change -5.11% 31.28%
Acquisitions
YoY Change
Other Investing Activities -$10.00M $3.200M
YoY Change -412.5% 3100.0%
Cash From Investing Activities -$54.60M -$43.80M
YoY Change 24.66% 22.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.800M 62.40M
YoY Change -97.12% -1194.74%
NET CHANGE
Cash From Operating Activities 66.10M 50.30M
Cash From Investing Activities -54.60M -43.80M
Cash From Financing Activities 1.800M 62.40M
Net Change In Cash 13.30M 68.90M
YoY Change -80.7% -223.7%
FREE CASH FLOW
Cash From Operating Activities $66.10M $50.30M
Capital Expenditures -$44.60M -$47.00M
Free Cash Flow $110.7M $97.30M
YoY Change 13.77% 350.46%

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us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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251000 USD
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us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
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us-gaap Payments To Acquire Additional Interest In Subsidiaries
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CY2015Q1 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
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us-gaap Payments To Acquire Additional Interest In Subsidiaries
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CY2015Q2 us-gaap Preferred Stock Value
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0 USD
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951000 USD
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0 USD
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0 USD
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us-gaap Revenues
Revenues
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us-gaap Revenues
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us-gaap Share Based Compensation
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4000 USD
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us-gaap Unrealized Gain Loss On Derivatives
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0 USD
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16788787 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17057620 shares

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