2013 Q2 Form 10-Q Financial Statement

#000110465913055860 Filed on July 23, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q2
Revenue $792.6M $773.2M
YoY Change 2.51% -11.21%
Cost Of Revenue $585.5M $729.2M
YoY Change -19.71% 6.22%
Gross Profit $207.1M $216.5M
YoY Change -4.34% 17.86%
Gross Profit Margin 26.13% 28.0%
Selling, General & Admin $88.10M $106.0M
YoY Change -16.89% 14.97%
% of Gross Profit 42.54% 48.96%
Research & Development $7.400M $8.500M
YoY Change -12.94% 16.44%
% of Gross Profit 3.57% 3.93%
Depreciation & Amortization $30.20M $25.60M
YoY Change 17.97% 13.27%
% of Gross Profit 14.58% 11.82%
Operating Expenses $97.70M $95.60M
YoY Change 2.2% -2.75%
Operating Profit $109.3M $121.0M
YoY Change -9.67% 41.69%
Interest Expense -$8.600M -$6.500M
YoY Change 32.31% 32.65%
% of Operating Profit -7.87% -5.37%
Other Income/Expense, Net
YoY Change
Pretax Income $100.7M $133.8M
YoY Change -24.74% 66.21%
Income Tax $36.40M $44.40M
% Of Pretax Income 36.15% 33.18%
Net Earnings $8.200M $92.80M
YoY Change -91.16% 69.96%
Net Earnings / Revenue 1.03% 12.0%
Basic Earnings Per Share $0.13 $1.48
Diluted Earnings Per Share $0.13 $1.45
COMMON SHARES
Basic Shares Outstanding 63.41M shares 62.42M shares
Diluted Shares Outstanding 64.70M shares 63.80M shares

Balance Sheet

Concept 2013 Q2 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $168.2M $76.80M
YoY Change 119.01% -22.5%
Cash & Equivalents $168.2M $76.80M
Short-Term Investments
Other Short-Term Assets $69.60M $81.20M
YoY Change -14.29% -12.78%
Inventory $493.0M $549.6M
Prepaid Expenses
Receivables $597.5M $627.2M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.328B $1.335B
YoY Change -0.49% 10.51%
LONG-TERM ASSETS
Property, Plant & Equipment $634.5M $592.4M
YoY Change 7.11% 12.32%
Goodwill $858.0M
YoY Change
Intangibles $596.4M
YoY Change
Long-Term Investments
YoY Change
Other Assets $45.20M $25.60M
YoY Change 76.56% 111.57%
Total Long-Term Assets $2.134B $1.962B
YoY Change 8.78% 31.22%
TOTAL ASSETS
Total Short-Term Assets $1.328B $1.335B
Total Long-Term Assets $2.134B $1.962B
Total Assets $3.462B $3.297B
YoY Change 5.03% 21.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $283.5M $312.8M
YoY Change -9.37% 14.49%
Accrued Expenses $164.8M $184.5M
YoY Change -10.68% 24.66%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $195.0M
YoY Change -100.0% 93.45%
Total Short-Term Liabilities $465.2M $708.9M
YoY Change -34.38% 31.55%
LONG-TERM LIABILITIES
Long-Term Debt $752.6M $504.5M
YoY Change 49.18% 24.54%
Other Long-Term Liabilities $265.1M $294.5M
YoY Change -9.98% 98.18%
Total Long-Term Liabilities $1.156B $932.9M
YoY Change 23.91% 68.48%
TOTAL LIABILITIES
Total Short-Term Liabilities $465.2M $708.9M
Total Long-Term Liabilities $1.156B $932.9M
Total Liabilities $1.621B $1.642B
YoY Change -1.25% 29.32%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 14.90M shares 16.10M shares
Shareholders Equity $1.841B $1.655B
YoY Change
Total Liabilities & Shareholders Equity $3.462B $3.297B
YoY Change 5.03% 21.97%

Cashflow Statement

Concept 2013 Q2 2012 Q2
OPERATING ACTIVITIES
Net Income $8.200M $92.80M
YoY Change -91.16% 69.96%
Depreciation, Depletion And Amortization $30.20M $25.60M
YoY Change 17.97% 13.27%
Cash From Operating Activities $81.50M $106.0M
YoY Change -23.11% 657.14%
INVESTING ACTIVITIES
Capital Expenditures -$22.60M -$38.60M
YoY Change -41.45% 128.4%
Acquisitions
YoY Change
Other Investing Activities $0.00 $4.000M
YoY Change -100.0% 14.29%
Cash From Investing Activities -$22.60M -$34.60M
YoY Change -34.68% 158.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -6.400M -62.40M
YoY Change -89.74% 845.45%
NET CHANGE
Cash From Operating Activities 81.50M 106.0M
Cash From Investing Activities -22.60M -34.60M
Cash From Financing Activities -6.400M -62.40M
Net Change In Cash 52.50M 9.000M
YoY Change 483.33% -250.0%
FREE CASH FLOW
Cash From Operating Activities $81.50M $106.0M
Capital Expenditures -$22.60M -$38.60M
Free Cash Flow $104.1M $144.6M
YoY Change -28.01% 367.96%

Facts In Submission

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