2011 Q2 Form 10-Q Financial Statement
#000119312511151778 Filed on May 26, 2011
Income Statement
| Concept | 2011 Q2 | 2010 Q2 |
|---|---|---|
| Revenue | $504.4M | $376.8M |
| YoY Change | 33.85% | 23.58% |
| Cost Of Revenue | $103.1M | $71.58M |
| YoY Change | 43.99% | 15.83% |
| Gross Profit | $401.3M | $305.2M |
| YoY Change | 31.49% | 25.55% |
| Gross Profit Margin | 79.57% | 81.0% |
| Selling, General & Admin | $338.8M | $232.1M |
| YoY Change | 46.0% | 27.93% |
| % of Gross Profit | 84.43% | 76.04% |
| Research & Development | $65.29M | $40.12M |
| YoY Change | 62.73% | 26.97% |
| % of Gross Profit | 16.27% | 13.15% |
| Depreciation & Amortization | $29.60M | $14.50M |
| YoY Change | 104.14% | 19.83% |
| % of Gross Profit | 7.38% | 4.75% |
| Operating Expenses | $404.1M | $272.2M |
| YoY Change | 48.47% | 27.78% |
| Operating Profit | -$2.803M | $33.02M |
| YoY Change | -108.49% | 9.7% |
| Interest Expense | $4.400M | $800.0K |
| YoY Change | 450.0% | -81.4% |
| % of Operating Profit | 2.42% | |
| Other Income/Expense, Net | -$800.0K | -$2.000M |
| YoY Change | -60.0% | -600.0% |
| Pretax Income | $800.0K | $31.90M |
| YoY Change | -97.49% | -8.33% |
| Income Tax | $300.0K | $12.00M |
| % Of Pretax Income | 37.5% | 37.62% |
| Net Earnings | $530.0K | $17.70M |
| YoY Change | -97.01% | -3.8% |
| Net Earnings / Revenue | 0.11% | 4.7% |
| Basic Earnings Per Share | $0.00 | |
| Diluted Earnings Per Share | $0.00 | $33.46K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 133.5M | 128.0M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2011 Q2 | 2010 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $764.0M | $952.0M |
| YoY Change | -19.75% | 84.14% |
| Cash & Equivalents | $664.6M | $691.0M |
| Short-Term Investments | $99.00M | $261.0M |
| Other Short-Term Assets | $153.0M | $129.0M |
| YoY Change | 18.6% | 29.0% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $271.0M | $184.0M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $1.188B | $1.264B |
| YoY Change | -6.01% | 65.66% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $446.0M | $87.00M |
| YoY Change | 412.64% | -1.14% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $790.0M | $956.0M |
| YoY Change | -17.36% | 103.84% |
| Other Assets | $136.0M | $92.00M |
| YoY Change | 47.83% | 43.75% |
| Total Long-Term Assets | $1.940B | $1.224B |
| YoY Change | 58.5% | 73.62% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $1.188B | $1.264B |
| Total Long-Term Assets | $1.940B | $1.224B |
| Total Assets | $3.128B | $2.488B |
| YoY Change | 25.72% | 69.48% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $17.00M | $13.00M |
| YoY Change | 30.77% | -18.75% |
| Accrued Expenses | $296.0M | $178.0M |
| YoY Change | 66.29% | 31.85% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $478.0M | |
| YoY Change | ||
| Total Short-Term Liabilities | $1.685B | $838.0M |
| YoY Change | 101.07% | 21.45% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $456.0M |
| YoY Change | -100.0% | |
| Other Long-Term Liabilities | $167.0M | $29.00M |
| YoY Change | 475.86% | 16.0% |
| Total Long-Term Liabilities | $167.0M | $485.0M |
| YoY Change | -65.57% | 1840.0% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $1.685B | $838.0M |
| Total Long-Term Liabilities | $167.0M | $485.0M |
| Total Liabilities | $1.872B | $1.354B |
| YoY Change | 38.26% | 82.97% |
| 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 | $1.256B | $1.135B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $3.128B | $2.488B |
| YoY Change | 25.72% | 69.48% |
Cashflow Statement
| Concept | 2011 Q2 | 2010 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $530.0K | $17.70M |
| YoY Change | -97.01% | -3.8% |
| Depreciation, Depletion And Amortization | $29.60M | $14.50M |
| YoY Change | 104.14% | 19.83% |
| Cash From Operating Activities | $139.5M | $143.2M |
| YoY Change | -2.58% | 46.12% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$27.30M | -$11.70M |
| YoY Change | 133.33% | -12.69% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $106.7M | -$496.4M |
| YoY Change | -121.49% | 104.62% |
| Cash From Investing Activities | $79.40M | -$508.1M |
| YoY Change | -115.63% | 98.4% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 28.00M | 43.60M |
| YoY Change | -35.78% | 150.57% |
| NET CHANGE | ||
| Cash From Operating Activities | 139.5M | 143.2M |
| Cash From Investing Activities | 79.40M | -508.1M |
| Cash From Financing Activities | 28.00M | 43.60M |
| Net Change In Cash | 246.9M | -321.3M |
| YoY Change | -176.84% | 128.36% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $139.5M | $143.2M |
| Capital Expenditures | -$27.30M | -$11.70M |
| Free Cash Flow | $166.8M | $154.9M |
| YoY Change | 7.68% | 39.05% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2010Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
175867000 | |
| CY2011Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
133454000 | |
| CY2010Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
56193000 | |
| CY2011Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
84338000 | |
| CY2010Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
272182000 | |
| CY2011Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
404101000 | |
| CY2010Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
40122000 | |
| CY2011Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
65292000 | |
| CY2011Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
254471000 | |
| CY2011Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
103066000 | |
| CY2010Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
71581000 | |
| CY2010Q2 | crm |
Cost Of Revenue Subscription And Support
CostOfRevenueSubscriptionAndSupport
|
44057000 | |
| CY2011Q2 | crm |
Cost Of Revenue Subscription And Support
CostOfRevenueSubscriptionAndSupport
|
75243000 | |
| CY2010Q2 | us-gaap |
Cost Of Services
CostOfServices
|
27524000 | |
| CY2011Q1 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
102462000 | |
| CY2011Q2 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
96631000 | |
| CY2011Q2 | us-gaap |
Cost Of Services
CostOfServices
|
27823000 |
