2017 Q3 Form 10-Q Financial Statement

#000072325417000030 Filed on October 06, 2017

View on sec.gov

Income Statement

Concept 2017 Q3 2016 Q3
Revenue $1.612B $1.267B
YoY Change 27.23% 8.21%
Cost Of Revenue $872.2M $690.2M
YoY Change 26.37% 2.3%
Gross Profit $739.4M $576.4M
YoY Change 28.26% 11.52%
Gross Profit Margin 45.88% 45.51%
Selling, General & Admin $486.3M $369.7M
YoY Change 31.53% 9.17%
% of Gross Profit 65.77% 64.14%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $53.57M $39.68M
YoY Change 35.0% 9.72%
% of Gross Profit 7.25% 6.88%
Operating Expenses $486.3M $369.7M
YoY Change 31.53% 9.17%
Operating Profit $249.1M $203.9M
YoY Change 22.15% 9.93%
Interest Expense $30.32M $14.17M
YoY Change 113.92% -13.65%
% of Operating Profit 12.17% 6.95%
Other Income/Expense, Net
YoY Change
Pretax Income $219.1M $189.8M
YoY Change 15.41% 12.18%
Income Tax $57.97M $53.62M
% Of Pretax Income 26.46% 28.25%
Net Earnings $217.2M $138.1M
YoY Change 57.3% 37.84%
Net Earnings / Revenue 13.48% 10.9%
Basic Earnings Per Share $2.02 $1.29
Diluted Earnings Per Share $1.96 $1.26
COMMON SHARES
Basic Shares Outstanding 105.7M shares 104.5M shares
Diluted Shares Outstanding 108.5M shares 107.1M shares

Balance Sheet

Concept 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $213.0M $163.8M
YoY Change 30.04% -18.18%
Cash & Equivalents $191.4M $99.21M
Short-Term Investments $21.60M $64.60M
Other Short-Term Assets $696.7M $582.4M
YoY Change 19.63% -23.63%
Inventory $283.2M $262.2M
Prepaid Expenses
Receivables $731.6M $586.4M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.925B $1.595B
YoY Change 20.68% -8.03%
LONG-TERM ASSETS
Property, Plant & Equipment $1.341B $1.033B
YoY Change 29.76% 15.21%
Goodwill $2.811B $1.298B
YoY Change 116.46% 2.03%
Intangibles
YoY Change
Long-Term Investments $15.20M $14.70M
YoY Change 3.4% 0.68%
Other Assets $30.63M $15.19M
YoY Change 101.57% -27.33%
Total Long-Term Assets $4.927B $2.572B
YoY Change 91.54% 7.97%
TOTAL ASSETS
Total Short-Term Assets $1.925B $1.595B
Total Long-Term Assets $4.927B $2.572B
Total Assets $6.852B $4.167B
YoY Change 64.42% 1.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $189.6M $129.7M
YoY Change 46.22% -1.75%
Accrued Expenses $403.0M $313.9M
YoY Change 28.38% 6.46%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $163.8M
YoY Change -100.0%
Long-Term Debt Due $307.5M $163.8M
YoY Change 87.7% -34.48%
Total Short-Term Liabilities $1.045B $710.9M
YoY Change 46.98% -25.9%
LONG-TERM LIABILITIES
Long-Term Debt $2.534B $1.045B
YoY Change 142.54% -0.51%
Other Long-Term Liabilities $185.5M $168.9M
YoY Change 9.83% 45.35%
Total Long-Term Liabilities $3.241B $1.469B
YoY Change 120.64% 11.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.045B $710.9M
Total Long-Term Liabilities $3.241B $1.469B
Total Liabilities $4.286B $2.180B
YoY Change 96.62% -4.16%
SHAREHOLDERS EQUITY
Retained Earnings $5.388B $4.971B
YoY Change 8.4% 14.85%
Common Stock $168.5M $161.9M
YoY Change 4.06% -69.76%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.609B $3.572B
YoY Change 1.03% 19.28%
Treasury Stock Shares 75.86M shares 75.58M shares
Shareholders Equity $2.566B $1.987B
YoY Change
Total Liabilities & Shareholders Equity $6.852B $4.167B
YoY Change 64.42% 1.07%

Cashflow Statement

Concept 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $217.2M $138.1M
YoY Change 57.3% 37.84%
Depreciation, Depletion And Amortization $53.57M $39.68M
YoY Change 35.0% 9.72%
Cash From Operating Activities $254.4M $157.6M
YoY Change 61.41% 10.14%
INVESTING ACTIVITIES
Capital Expenditures $62.52M $78.58M
YoY Change -20.44% 25.47%
Acquisitions $302.0K $10.99M
YoY Change -97.25% -90.95%
Other Investing Activities $304.0K $918.0K
YoY Change -66.88% -199.67%
Cash From Investing Activities $72.62M -$100.6M
YoY Change -172.18% -50.16%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $35.04M $18.87M
YoY Change 85.69% -91.48%
Debt Paid & Issued, Net $250.0M $250.0M
YoY Change 0.0% 1562400.0%
Cash From Financing Activities -$311.4M -$97.03M
YoY Change 220.97% -53.73%
NET CHANGE
Cash From Operating Activities $254.4M $157.6M
Cash From Investing Activities $72.62M -$100.6M
Cash From Financing Activities -$311.4M -$97.03M
Net Change In Cash $15.56M -$40.05M
YoY Change -138.84% -85.09%
FREE CASH FLOW
Cash From Operating Activities $254.4M $157.6M
Capital Expenditures $62.52M $78.58M
Free Cash Flow $191.8M $79.01M
YoY Change 142.82% -1.79%

Facts In Submission

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