2012 Form 10-K Financial Statement
#000120677412002462 Filed on May 30, 2012
Income Statement
| Concept | 2012 | 2011 Q1 |
|---|---|---|
| Revenue | $426.8M | $91.43M |
| YoY Change | 15.48% | 46.06% |
| Cost Of Revenue | $196.4M | $45.40M |
| YoY Change | 17.18% | 65.69% |
| Gross Profit | $230.4M | $46.02M |
| YoY Change | 14.06% | 30.36% |
| Gross Profit Margin | 53.98% | 50.33% |
| Selling, General & Admin | $65.10M | $15.30M |
| YoY Change | 12.05% | 20.47% |
| % of Gross Profit | 28.26% | 33.25% |
| Research & Development | $85.70M | $17.00M |
| YoY Change | 34.12% | 24.09% |
| % of Gross Profit | 37.2% | 36.94% |
| Depreciation & Amortization | $10.00M | $2.200M |
| YoY Change | 23.46% | 15.79% |
| % of Gross Profit | 4.34% | 4.78% |
| Operating Expenses | $150.8M | $32.30M |
| YoY Change | 23.71% | 22.81% |
| Operating Profit | $79.60M | $13.72M |
| YoY Change | -0.62% | 52.42% |
| Interest Expense | $500.0K | $200.0K |
| YoY Change | 25.0% | 0.0% |
| % of Operating Profit | 0.63% | 1.46% |
| Other Income/Expense, Net | -$100.0K | $0.00 |
| YoY Change | ||
| Pretax Income | $80.00M | $13.90M |
| YoY Change | -4.99% | 63.53% |
| Income Tax | -$8.000M | -$116.5M |
| % Of Pretax Income | -10.0% | -838.13% |
| Net Earnings | $88.00M | $130.4M |
| YoY Change | -56.76% | 539.25% |
| Net Earnings / Revenue | 20.62% | 142.62% |
| Basic Earnings Per Share | $1.91 | |
| Diluted Earnings Per Share | $1.292M | $1.80 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 64.93M | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2012 | 2011 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $181.9M | $196.6M |
| YoY Change | -7.48% | 93.69% |
| Cash & Equivalents | $66.00M | $37.00M |
| Short-Term Investments | $115.9M | $159.5M |
| Other Short-Term Assets | $69.60M | $43.30M |
| YoY Change | 60.37% | 80.42% |
| Inventory | $55.90M | $40.50M |
| Prepaid Expenses | ||
| Receivables | $44.20M | $39.10M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $351.6M | $319.5M |
| YoY Change | 10.05% | 72.8% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $67.00M | $34.60M |
| YoY Change | 93.64% | 85.03% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $2.900M | $12.70M |
| YoY Change | -77.17% | -62.97% |
| Other Assets | $98.70M | $103.7M |
| YoY Change | -4.82% | 5357.89% |
| Total Long-Term Assets | $192.9M | $177.1M |
| YoY Change | 8.92% | 114.15% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $351.6M | $319.5M |
| Total Long-Term Assets | $192.9M | $177.1M |
| Total Assets | $544.5M | $496.6M |
| YoY Change | 9.65% | 85.58% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $38.10M | $27.60M |
| YoY Change | 38.04% | 35.96% |
| Accrued Expenses | $22.60M | $17.60M |
| YoY Change | 28.41% | 16.56% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $73.00M | $52.10M |
| YoY Change | 40.12% | 24.34% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $300.0K |
| YoY Change | -100.0% | |
| Other Long-Term Liabilities | $5.600M | $5.900M |
| YoY Change | -5.08% | -16.9% |
| Total Long-Term Liabilities | $5.600M | $6.200M |
| YoY Change | -9.68% | -12.68% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $73.00M | $52.10M |
| Total Long-Term Liabilities | $5.600M | $6.200M |
| Total Liabilities | $78.60M | $58.20M |
| YoY Change | 35.05% | 18.78% |
| 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 | $465.9M | $438.4M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $544.5M | $496.6M |
| YoY Change | 9.65% | 85.58% |
Cashflow Statement
| Concept | 2012 | 2011 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $88.00M | $130.4M |
| YoY Change | -56.76% | 539.25% |
| Depreciation, Depletion And Amortization | $10.00M | $2.200M |
| YoY Change | 23.46% | 15.79% |
| Cash From Operating Activities | $83.20M | $20.30M |
| YoY Change | -4.26% | 160.26% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$42.60M | -$2.700M |
| YoY Change | 97.22% | 107.69% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $61.00M | -$16.30M |
| YoY Change | -215.75% | -2.98% |
| Cash From Investing Activities | $18.40M | -$18.80M |
| YoY Change | -124.8% | 3.3% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -72.70M | 7.000M |
| YoY Change | -986.59% | 337.5% |
| NET CHANGE | ||
| Cash From Operating Activities | 83.20M | 20.30M |
| Cash From Investing Activities | 18.40M | -18.80M |
| Cash From Financing Activities | -72.70M | 7.000M |
| Net Change In Cash | 28.90M | 8.500M |
| YoY Change | 38.28% | -196.59% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $83.20M | $20.30M |
| Capital Expenditures | -$42.60M | -$2.700M |
| Free Cash Flow | $125.8M | $23.00M |
| YoY Change | 15.94% | 152.75% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2012 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
64934000 | |
| CY2010 | crus |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValue
|
55000 | |
| CY2011 | crus |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValue
|
134000 | |
| CY2012 | crus |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValue
|
826000 | |
| CY2011Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.91 | |
| CY2012Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.79 | |
| CY2011Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.80 | |
| CY2012Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.75 | |
| CY2011Q1 | us-gaap |
Gross Profit
GrossProfit
|
46018000 | |
| CY2012Q1 | us-gaap |
Gross Profit
GrossProfit
|
62347000 | |
| CY2011Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
130406000 | |
| CY2012Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
50827000 | |
| CY2011Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
91433000 | |
| CY2012Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
110631000 |
