2018 Q4 Form 10-Q Financial Statement

#000072325419000002 Filed on January 08, 2019

View on sec.gov

Income Statement

Concept 2018 Q4 2017 Q4
Revenue $1.718B $1.606B
YoY Change 6.96% 26.38%
Cost Of Revenue $943.1M $890.1M
YoY Change 5.95% 26.09%
Gross Profit $775.2M $716.4M
YoY Change 8.21% 26.74%
Gross Profit Margin 45.11% 44.59%
Selling, General & Admin $491.7M $468.1M
YoY Change 5.04% 29.51%
% of Gross Profit 63.43% 65.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $88.40M $70.40M
YoY Change 25.57% 60.36%
% of Gross Profit 11.4% 9.83%
Operating Expenses $491.7M $468.1M
YoY Change 5.04% 29.51%
Operating Profit $275.6M $235.2M
YoY Change 17.19% 17.34%
Interest Expense $24.88M $29.13M
YoY Change -14.59% 119.56%
% of Operating Profit 9.03% 12.38%
Other Income/Expense, Net
YoY Change
Pretax Income $320.5M $206.4M
YoY Change 55.31% 10.23%
Income Tax $77.53M $68.64M
% Of Pretax Income 24.19% 33.26%
Net Earnings $243.0M $137.1M
YoY Change 77.24% -2.33%
Net Earnings / Revenue 14.14% 8.53%
Basic Earnings Per Share $2.25 $1.26
Diluted Earnings Per Share $2.18 $1.23
COMMON SHARES
Basic Shares Outstanding 106.5M shares 106.3M shares
Diluted Shares Outstanding 109.9M shares 109.8M shares

Balance Sheet

Concept 2018 Q4 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $88.48M $258.7M
YoY Change -65.8% 80.15%
Cash & Equivalents $88.48M $236.0M
Short-Term Investments $0.00 $22.70M
Other Short-Term Assets $864.8M $712.7M
YoY Change 21.34% 21.81%
Inventory $321.9M $272.8M
Prepaid Expenses
Receivables $904.1M $763.6M
Other Receivables $36.60M $35.70M
Total Short-Term Assets $2.216B $2.043B
YoY Change 8.44% 27.66%
LONG-TERM ASSETS
Property, Plant & Equipment $1.411B $1.353B
YoY Change 4.24% 26.79%
Goodwill $2.845B $2.812B
YoY Change 1.19% 116.06%
Intangibles
YoY Change
Long-Term Investments $16.90M $19.40M
YoY Change -12.89% 28.48%
Other Assets $228.4M $29.16M
YoY Change 683.22% 51.36%
Total Long-Term Assets $5.189B $4.935B
YoY Change 5.14% 88.81%
TOTAL ASSETS
Total Short-Term Assets $2.216B $2.043B
Total Long-Term Assets $5.189B $4.935B
Total Assets $7.405B $6.979B
YoY Change 6.11% 65.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $211.9M $163.0M
YoY Change 30.02% 27.51%
Accrued Expenses $611.6M $578.0M
YoY Change 5.83% 23.21%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $173.5M $300.0M
YoY Change -42.17% 354.55%
Total Short-Term Liabilities $1.115B $1.154B
YoY Change -3.44% 54.17%
LONG-TERM LIABILITIES
Long-Term Debt $2.536B $2.534B
YoY Change 0.09% 142.55%
Other Long-Term Liabilities $291.3M $198.1M
YoY Change 47.05% 52.15%
Total Long-Term Liabilities $3.263B $3.271B
YoY Change -0.25% 127.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.115B $1.154B
Total Long-Term Liabilities $3.263B $3.271B
Total Liabilities $4.378B $4.426B
YoY Change -1.08% 102.19%
SHAREHOLDERS EQUITY
Retained Earnings $6.262B $5.350B
YoY Change 17.05% 7.67%
Common Stock $166.8M $192.2M
YoY Change -13.19% 7.57%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.209B $3.610B
YoY Change 16.61% 1.04%
Treasury Stock Shares 79.03M shares 75.87M shares
Shareholders Equity $3.027B $2.553B
YoY Change
Total Liabilities & Shareholders Equity $7.405B $6.979B
YoY Change 6.11% 65.59%

Cashflow Statement

Concept 2018 Q4 2017 Q4
OPERATING ACTIVITIES
Net Income $243.0M $137.1M
YoY Change 77.24% -2.33%
Depreciation, Depletion And Amortization $88.40M $70.40M
YoY Change 25.57% 60.36%
Cash From Operating Activities $181.6M $124.6M
YoY Change 45.75% -13.53%
INVESTING ACTIVITIES
Capital Expenditures -$73.10M -$70.00M
YoY Change 4.43% -8.62%
Acquisitions
YoY Change
Other Investing Activities $57.30M -$8.900M
YoY Change -743.82% -110.46%
Cash From Investing Activities -$15.80M -$78.80M
YoY Change -79.95% -1016.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -194.9M 1.900M
YoY Change -10357.89% -101.79%
NET CHANGE
Cash From Operating Activities 181.6M 124.6M
Cash From Investing Activities -15.80M -78.80M
Cash From Financing Activities -194.9M 1.900M
Net Change In Cash -29.10M 47.70M
YoY Change -161.01% 2.36%
FREE CASH FLOW
Cash From Operating Activities $181.6M $124.6M
Capital Expenditures -$73.10M -$70.00M
Free Cash Flow $254.7M $194.6M
YoY Change 30.88% -11.83%

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Files In Submission

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