2016 Q2 Form 10-Q Financial Statement

#000105829016000074 Filed on August 05, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q2
Revenue $3.370B $3.085B
YoY Change 9.24% 22.56%
Cost Of Revenue $2.035B $1.859B
YoY Change 9.47% 26.12%
Gross Profit $1.335B $1.226B
YoY Change 8.87% 17.54%
Gross Profit Margin 39.61% 39.75%
Selling, General & Admin $654.0M $612.0M
YoY Change 6.86% 26.73%
% of Gross Profit 48.99% 49.91%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $93.30M $84.00M
YoY Change 11.07% 72.13%
% of Gross Profit 6.99% 6.85%
Operating Expenses $654.0M $612.0M
YoY Change 6.86% 26.73%
Operating Profit $591.0M $546.0M
YoY Change 8.24% 11.89%
Interest Expense $5.000M $4.100M
YoY Change 21.95%
% of Operating Profit 0.85% 0.75%
Other Income/Expense, Net $4.000M $3.300M
YoY Change 21.21% -76.09%
Pretax Income $595.0M $548.8M
YoY Change 8.42% 9.37%
Income Tax $343.0M $128.7M
% Of Pretax Income 57.65% 23.45%
Net Earnings $252.0M $420.0M
YoY Change -40.0% 12.93%
Net Earnings / Revenue 7.48% 13.61%
Basic Earnings Per Share $0.42 $0.69
Diluted Earnings Per Share $0.41 $0.68
COMMON SHARES
Basic Shares Outstanding 606.0M shares 609.9M shares
Diluted Shares Outstanding 609.0M shares 613.9M shares

Balance Sheet

Concept 2016 Q2 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.481B $3.567B
YoY Change 25.62% -13.61%
Cash & Equivalents $1.684B $1.089B
Short-Term Investments $2.797B $2.477B
Other Short-Term Assets $399.2M $322.7M
YoY Change 23.71% 25.54%
Inventory
Prepaid Expenses
Receivables $2.427B $2.162B
Other Receivables $0.00 $0.00
Total Short-Term Assets $7.759B $6.771B
YoY Change 14.58% 0.46%
LONG-TERM ASSETS
Property, Plant & Equipment $1.287B $1.277B
YoY Change 0.79% 17.6%
Goodwill $2.458B $2.405B
YoY Change 2.19% 435.06%
Intangibles $961.4M $906.1M
YoY Change 6.1% 649.14%
Long-Term Investments $59.60M
YoY Change
Other Assets $286.2M $277.7M
YoY Change 3.06% 66.59%
Total Long-Term Assets $5.381B $5.026B
YoY Change 7.06% 158.2%
TOTAL ASSETS
Total Short-Term Assets $7.759B $6.771B
Total Long-Term Assets $5.381B $5.026B
Total Assets $13.14B $11.80B
YoY Change 11.38% 35.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $164.5M $169.0M
YoY Change -2.66% 41.84%
Accrued Expenses $1.284B $1.094B
YoY Change 17.37% 10.84%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $69.00M $150.0M
YoY Change -54.0%
Total Short-Term Liabilities $2.120B $1.957B
YoY Change 8.36% 24.8%
LONG-TERM LIABILITIES
Long-Term Debt $840.0M $912.5M
YoY Change -7.95%
Other Long-Term Liabilities $138.6M $103.9M
YoY Change 33.4% -4.63%
Total Long-Term Liabilities $978.6M $1.016B
YoY Change -3.72% 832.98%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.120B $1.957B
Total Long-Term Liabilities $978.6M $1.016B
Total Liabilities $3.277B $3.257B
YoY Change 0.63% 91.98%
SHAREHOLDERS EQUITY
Retained Earnings $9.619B $8.105B
YoY Change 18.68% 23.11%
Common Stock $6.100M $6.100M
YoY Change 0.0% 0.35%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $9.863B $8.541B
YoY Change
Total Liabilities & Shareholders Equity $13.14B $11.80B
YoY Change 11.38% 35.8%

Cashflow Statement

Concept 2016 Q2 2015 Q2
OPERATING ACTIVITIES
Net Income $252.0M $420.0M
YoY Change -40.0% 12.93%
Depreciation, Depletion And Amortization $93.30M $84.00M
YoY Change 11.07% 72.13%
Cash From Operating Activities $369.2M $456.1M
YoY Change -19.05% 11.71%
INVESTING ACTIVITIES
Capital Expenditures -$75.30M -$75.60M
YoY Change -0.4% 95.35%
Acquisitions
YoY Change
Other Investing Activities $43.70M -$413.9M
YoY Change -110.56% 89.17%
Cash From Investing Activities -$31.60M -$489.5M
YoY Change -93.54% 90.1%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -153.2M -149.1M
YoY Change 2.75% 59.64%
NET CHANGE
Cash From Operating Activities 369.2M 456.1M
Cash From Investing Activities -31.60M -489.5M
Cash From Financing Activities -153.2M -149.1M
Net Change In Cash 184.4M -182.5M
YoY Change -201.04% -417.94%
FREE CASH FLOW
Cash From Operating Activities $369.2M $456.1M
Capital Expenditures -$75.30M -$75.60M
Free Cash Flow $444.5M $531.7M
YoY Change -16.4% 18.95%

Facts In Submission

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