2017 Q1 Form 10-Q Financial Statement

#000105829017000020 Filed on May 05, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $3.546B $3.202B
YoY Change 10.74% 10.0%
Cost Of Revenue $2.177B $1.918B
YoY Change 13.53% 11.02%
Gross Profit $1.369B $1.285B
YoY Change 6.58% 8.47%
Gross Profit Margin 38.61% 40.12%
Selling, General & Admin $686.0M $646.0M
YoY Change 6.19% 5.73%
% of Gross Profit 50.11% 50.29%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $104.0M $88.00M
YoY Change 18.18% 16.4%
% of Gross Profit 7.6% 6.85%
Operating Expenses $686.0M $646.0M
YoY Change 6.19% 5.73%
Operating Profit $570.0M $554.0M
YoY Change 2.89% 10.8%
Interest Expense $6.000M $5.000M
YoY Change 20.0% 0.0%
% of Operating Profit 1.05% 0.9%
Other Income/Expense, Net $79.00M $35.00M
YoY Change 125.71% 239.81%
Pretax Income $649.0M $589.0M
YoY Change 10.19% 15.35%
Income Tax $92.00M $148.0M
% Of Pretax Income 14.18% 25.13%
Net Earnings $557.0M $441.0M
YoY Change 26.3% 15.14%
Net Earnings / Revenue 15.71% 13.77%
Basic Earnings Per Share $0.92 $0.73
Diluted Earnings Per Share $0.92 $0.72
COMMON SHARES
Basic Shares Outstanding 605.0M shares 608.0M shares
Diluted Shares Outstanding 607.0M shares 612.0M shares

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.274B $4.452B
YoY Change -4.0% 32.9%
Cash & Equivalents $1.308B $1.524B
Short-Term Investments $2.966B $2.928B
Other Short-Term Assets $529.0M $367.9M
YoY Change 43.79% 9.2%
Inventory
Prepaid Expenses
Receivables $2.644B $2.319B
Other Receivables $0.00 $0.00
Total Short-Term Assets $7.842B $7.571B
YoY Change 3.58% 18.18%
LONG-TERM ASSETS
Property, Plant & Equipment $1.306B $1.270B
YoY Change 2.83% 0.16%
Goodwill $2.563B $2.462B
YoY Change 4.11% 2.42%
Intangibles $923.0M $862.3M
YoY Change 7.04% -7.12%
Long-Term Investments $110.0M
YoY Change
Other Assets $427.0M $275.9M
YoY Change 54.77% 23.39%
Total Long-Term Assets $5.787B $5.165B
YoY Change 12.04% 3.78%
TOTAL ASSETS
Total Short-Term Assets $7.842B $7.571B
Total Long-Term Assets $5.787B $5.165B
Total Assets $13.63B $12.74B
YoY Change 7.01% 11.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $189.0M $213.2M
YoY Change -11.35% 17.53%
Accrued Expenses $1.241B $1.128B
YoY Change 10.02% 19.24%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $437.0M $163.0M
YoY Change 168.1% 8.67%
Total Short-Term Liabilities $2.585B $2.050B
YoY Change 26.07% 8.83%
LONG-TERM LIABILITIES
Long-Term Debt $772.0M $858.4M
YoY Change -10.07% -7.2%
Other Long-Term Liabilities $155.0M $138.1M
YoY Change 12.24% 24.19%
Total Long-Term Liabilities $927.0M $996.5M
YoY Change -6.97% -3.83%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.585B $2.050B
Total Long-Term Liabilities $927.0M $996.5M
Total Liabilities $3.646B $3.124B
YoY Change 16.72% -2.54%
SHAREHOLDERS EQUITY
Retained Earnings $9.935B $9.366B
YoY Change 6.07% 21.89%
Common Stock $6.000M $6.100M
YoY Change -1.64% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $9.983B $9.612B
YoY Change
Total Liabilities & Shareholders Equity $13.63B $12.74B
YoY Change 7.01% 11.88%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $557.0M $441.0M
YoY Change 26.3% 15.14%
Depreciation, Depletion And Amortization $104.0M $88.00M
YoY Change 18.18% 16.4%
Cash From Operating Activities $277.0M $72.00M
YoY Change 284.72% -61.97%
INVESTING ACTIVITIES
Capital Expenditures $66.00M $64.00M
YoY Change 3.13% 10.34%
Acquisitions $6.000M $70.00M
YoY Change -91.43%
Other Investing Activities $157.0M -$164.7M
YoY Change -195.32% -46.18%
Cash From Investing Activities $91.00M -$228.0M
YoY Change -139.91% -37.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.514B $257.0M
YoY Change 489.11% 569.27%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$1.124B -$471.0M
YoY Change 138.64% -15.49%
NET CHANGE
Cash From Operating Activities $277.0M $72.00M
Cash From Investing Activities $91.00M -$228.0M
Cash From Financing Activities -$1.124B -$471.0M
Net Change In Cash -$726.0M -$627.0M
YoY Change 15.79% -14.34%
FREE CASH FLOW
Cash From Operating Activities $277.0M $72.00M
Capital Expenditures $66.00M $64.00M
Free Cash Flow $211.0M $8.000M
YoY Change 2537.5% -93.91%

Facts In Submission

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