2017 Q2 Form 10-Q Financial Statement

#000105829017000029 Filed on August 03, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $3.670B $3.370B
YoY Change 8.9% 9.24%
Cost Of Revenue $2.232B $2.035B
YoY Change 9.68% 9.47%
Gross Profit $1.438B $1.335B
YoY Change 7.72% 8.87%
Gross Profit Margin 39.18% 39.61%
Selling, General & Admin $709.0M $654.0M
YoY Change 8.41% 6.86%
% of Gross Profit 49.3% 48.99%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $103.0M $93.30M
YoY Change 10.4% 11.07%
% of Gross Profit 7.16% 6.99%
Operating Expenses $709.0M $654.0M
YoY Change 8.41% 6.86%
Operating Profit $606.0M $591.0M
YoY Change 2.54% 8.24%
Interest Expense $6.000M $5.000M
YoY Change 20.0% 21.95%
% of Operating Profit 0.99% 0.85%
Other Income/Expense, Net $29.00M $4.000M
YoY Change 625.0% 21.21%
Pretax Income $635.0M $595.0M
YoY Change 6.72% 8.42%
Income Tax $165.0M $343.0M
% Of Pretax Income 25.98% 57.65%
Net Earnings $470.0M $252.0M
YoY Change 86.51% -40.0%
Net Earnings / Revenue 12.81% 7.48%
Basic Earnings Per Share $0.80 $0.42
Diluted Earnings Per Share $0.80 $0.41
COMMON SHARES
Basic Shares Outstanding 589.0M shares 606.0M shares
Diluted Shares Outstanding 591.0M shares 609.0M shares

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.378B $4.481B
YoY Change -2.3% 25.62%
Cash & Equivalents $1.157B $1.684B
Short-Term Investments $3.221B $2.797B
Other Short-Term Assets $632.0M $399.2M
YoY Change 58.32% 23.71%
Inventory
Prepaid Expenses
Receivables $2.680B $2.427B
Other Receivables $0.00 $0.00
Total Short-Term Assets $8.099B $7.759B
YoY Change 4.38% 14.58%
LONG-TERM ASSETS
Property, Plant & Equipment $1.284B $1.287B
YoY Change -0.26% 0.79%
Goodwill $2.576B $2.458B
YoY Change 4.8% 2.19%
Intangibles $894.0M $961.4M
YoY Change -7.01% 6.1%
Long-Term Investments $198.0M $59.60M
YoY Change 232.21%
Other Assets $430.0M $286.2M
YoY Change 50.24% 3.06%
Total Long-Term Assets $5.839B $5.381B
YoY Change 8.51% 7.06%
TOTAL ASSETS
Total Short-Term Assets $8.099B $7.759B
Total Long-Term Assets $5.839B $5.381B
Total Assets $13.94B $13.14B
YoY Change 6.07% 11.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $179.0M $164.5M
YoY Change 8.81% -2.66%
Accrued Expenses $1.372B $1.284B
YoY Change 6.85% 17.37%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $244.0M $69.00M
YoY Change 253.62% -54.0%
Total Short-Term Liabilities $2.415B $2.120B
YoY Change 13.92% 8.36%
LONG-TERM LIABILITIES
Long-Term Debt $747.0M $840.0M
YoY Change -11.07% -7.95%
Other Long-Term Liabilities $155.0M $138.6M
YoY Change 11.83% 33.4%
Total Long-Term Liabilities $902.0M $978.6M
YoY Change -7.83% -3.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.415B $2.120B
Total Long-Term Liabilities $902.0M $978.6M
Total Liabilities $3.455B $3.277B
YoY Change 5.43% 0.63%
SHAREHOLDERS EQUITY
Retained Earnings $10.32B $9.619B
YoY Change 7.25% 18.68%
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 $10.48B $9.863B
YoY Change
Total Liabilities & Shareholders Equity $13.94B $13.14B
YoY Change 6.07% 11.38%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income $470.0M $252.0M
YoY Change 86.51% -40.0%
Depreciation, Depletion And Amortization $103.0M $93.30M
YoY Change 10.4% 11.07%
Cash From Operating Activities $521.0M $369.2M
YoY Change 41.12% -19.05%
INVESTING ACTIVITIES
Capital Expenditures -$60.00M -$75.30M
YoY Change -20.32% -0.4%
Acquisitions
YoY Change
Other Investing Activities -$329.0M $43.70M
YoY Change -852.86% -110.56%
Cash From Investing Activities -$389.0M -$31.60M
YoY Change 1131.01% -93.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -297.0M -153.2M
YoY Change 93.86% 2.75%
NET CHANGE
Cash From Operating Activities 521.0M 369.2M
Cash From Investing Activities -389.0M -31.60M
Cash From Financing Activities -297.0M -153.2M
Net Change In Cash -165.0M 184.4M
YoY Change -189.48% -201.04%
FREE CASH FLOW
Cash From Operating Activities $521.0M $369.2M
Capital Expenditures -$60.00M -$75.30M
Free Cash Flow $581.0M $444.5M
YoY Change 30.71% -16.4%

Facts In Submission

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Files In Submission

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