2010 Q2 Form 10-Q Financial Statement
#000095013010001306 Filed on May 28, 2010
Income Statement
| Concept | 2010 Q2 | 2009 Q2 |
|---|---|---|
| Revenue | $376.8M | $304.9M |
| YoY Change | 23.58% | 23.14% |
| Cost Of Revenue | $71.58M | $61.80M |
| YoY Change | 15.83% | 20.47% |
| Gross Profit | $305.2M | $243.1M |
| YoY Change | 25.55% | 23.84% |
| Gross Profit Margin | 81.0% | 79.73% |
| Selling, General & Admin | $232.1M | $181.4M |
| YoY Change | 27.93% | 12.6% |
| % of Gross Profit | 76.04% | 74.62% |
| Research & Development | $40.12M | $31.60M |
| YoY Change | 26.97% | 59.6% |
| % of Gross Profit | 13.15% | 13.0% |
| Depreciation & Amortization | $14.50M | $12.10M |
| YoY Change | 19.83% | 47.56% |
| % of Gross Profit | 4.75% | 4.98% |
| Operating Expenses | $272.2M | $213.0M |
| YoY Change | 27.78% | 17.75% |
| Operating Profit | $33.02M | $30.10M |
| YoY Change | 9.7% | 95.45% |
| Interest Expense | $800.0K | $4.300M |
| YoY Change | -81.4% | -35.82% |
| % of Operating Profit | 2.42% | 14.29% |
| Other Income/Expense, Net | -$2.000M | $400.0K |
| YoY Change | -600.0% | -150.0% |
| Pretax Income | $31.90M | $34.80M |
| YoY Change | -8.33% | 62.62% |
| Income Tax | $12.00M | $15.80M |
| % Of Pretax Income | 37.62% | 45.4% |
| Net Earnings | $17.70M | $18.40M |
| YoY Change | -3.8% | 91.67% |
| Net Earnings / Revenue | 4.7% | 6.03% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | $33.46K | $36.70K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 128.0M | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2010 Q2 | 2009 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $952.0M | $517.0M |
| YoY Change | 84.14% | 4.44% |
| Cash & Equivalents | $691.0M | $342.0M |
| Short-Term Investments | $261.0M | $175.0M |
| Other Short-Term Assets | $129.0M | $100.0M |
| YoY Change | 29.0% | 35.14% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $184.0M | $146.0M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $1.264B | $763.0M |
| YoY Change | 65.66% | 7.01% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $87.00M | $88.00M |
| YoY Change | -1.14% | 54.39% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $956.0M | $469.0M |
| YoY Change | 103.84% | 83.2% |
| Other Assets | $92.00M | $64.00M |
| YoY Change | 43.75% | 3.23% |
| Total Long-Term Assets | $1.224B | $705.0M |
| YoY Change | 73.62% | 73.22% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $1.264B | $763.0M |
| Total Long-Term Assets | $1.224B | $705.0M |
| Total Assets | $2.488B | $1.468B |
| YoY Change | 69.48% | 31.07% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $13.00M | $16.00M |
| YoY Change | -18.75% | -15.79% |
| Accrued Expenses | $178.0M | $135.0M |
| YoY Change | 31.85% | 29.81% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $838.0M | $690.0M |
| YoY Change | 21.45% | 18.76% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $456.0M | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $29.00M | $25.00M |
| YoY Change | 16.0% | 56.25% |
| Total Long-Term Liabilities | $485.0M | $25.00M |
| YoY Change | 1840.0% | 56.25% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $838.0M | $690.0M |
| Total Long-Term Liabilities | $485.0M | $25.00M |
| Total Liabilities | $1.354B | $740.0M |
| YoY Change | 82.97% | 19.94% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $1.135B | $728.0M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $2.488B | $1.468B |
| YoY Change | 69.48% | 31.07% |
Cashflow Statement
| Concept | 2010 Q2 | 2009 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $17.70M | $18.40M |
| YoY Change | -3.8% | 91.67% |
| Depreciation, Depletion And Amortization | $14.50M | $12.10M |
| YoY Change | 19.83% | 47.56% |
| Cash From Operating Activities | $143.2M | $98.00M |
| YoY Change | 46.12% | 16.95% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$11.70M | -$13.40M |
| YoY Change | -12.69% | -44.63% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$496.4M | -$242.6M |
| YoY Change | 104.62% | -1570.3% |
| Cash From Investing Activities | -$508.1M | -$256.1M |
| YoY Change | 98.4% | 3269.74% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 43.60M | 17.40M |
| YoY Change | 150.57% | -28.1% |
| NET CHANGE | ||
| Cash From Operating Activities | 143.2M | 98.00M |
| Cash From Investing Activities | -508.1M | -256.1M |
| Cash From Financing Activities | 43.60M | 17.40M |
| Net Change In Cash | -321.3M | -140.7M |
| YoY Change | 128.36% | -240.14% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $143.2M | $98.00M |
| Capital Expenditures | -$11.70M | -$13.40M |
| Free Cash Flow | $154.9M | $111.4M |
| YoY Change | 39.05% | 3.15% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2010Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
128032000 | |
| CY2009Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
61800000 | |
| CY2010Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
71581000 | |
| CY2009Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
213001000 | |
| CY2010Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
272182000 |
