2018 Q4 Form 10-Q Financial Statement

#000162836918000021 Filed on November 14, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue $2.402B $2.076B $1.709B
YoY Change 17.01% 21.45%
Cost Of Revenue $1.917B $1.687B
YoY Change
Gross Profit $484.7M $388.6M
YoY Change
Gross Profit Margin 20.18% 18.72%
Selling, General & Admin $297.6M $276.0M
YoY Change 7.83%
% of Gross Profit 76.58%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $77.00M $71.60M $64.10M
YoY Change -0.77% 11.7%
% of Gross Profit 15.89% 18.43%
Operating Expenses $437.7M $297.6M $276.0M
YoY Change 7.83%
Operating Profit $43.20M $20.60M -$54.50M
YoY Change 16.13% -137.8%
Interest Expense -$35.20M $92.70M $49.20M
YoY Change 88.41%
% of Operating Profit -81.48% 450.0%
Other Income/Expense, Net $800.0K -$300.0K $900.0K
YoY Change -133.33%
Pretax Income $11.60M -$72.00M -$102.4M
YoY Change -29.69%
Income Tax $21.50M -$30.60M -$23.80M
% Of Pretax Income 185.34%
Net Earnings -$18.00M -$41.40M -$78.60M
YoY Change -181.08% -47.33%
Net Earnings / Revenue -0.75% -1.99% -4.6%
Basic Earnings Per Share -$0.09 -$0.22 -$0.55
Diluted Earnings Per Share -$0.09 -$0.22 -$0.55
COMMON SHARES
Basic Shares Outstanding 216.0M shares 184.0M shares
Diluted Shares Outstanding 184.0M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $895.3M $939.0M
YoY Change
Cash & Equivalents $895.3M $939.0M $207.2M
Short-Term Investments
Other Short-Term Assets $182.8M $189.0M
YoY Change
Inventory
Prepaid Expenses
Receivables $1.624B $1.485B
Other Receivables $41.10M $11.00M
Total Short-Term Assets $2.743B $2.624B
YoY Change 43.59%
LONG-TERM ASSETS
Property, Plant & Equipment $313.8M $295.6M
YoY Change 3.12%
Goodwill $1.779B $1.771B
YoY Change 0.75%
Intangibles $1.128B $1.167B
YoY Change -13.61%
Long-Term Investments $8.700M $8.100M
YoY Change 10.13%
Other Assets $489.5M $500.0M
YoY Change 13.1%
Total Long-Term Assets $3.803B $3.809B
YoY Change -2.07%
TOTAL ASSETS
Total Short-Term Assets $2.743B $2.624B
Total Long-Term Assets $3.803B $3.809B
Total Assets $6.546B $6.432B
YoY Change 12.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $980.9M $689.6M
YoY Change
Accrued Expenses $817.9M $874.9M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $37.00M $36.10M
YoY Change -30.97%
Total Short-Term Liabilities $2.039B $1.901B
YoY Change 3.72%
LONG-TERM LIABILITIES
Long-Term Debt $2.644B $2.647B
YoY Change -5.02%
Other Long-Term Liabilities $366.6M $368.0M
YoY Change -5.25%
Total Long-Term Liabilities $3.011B $3.015B
YoY Change -5.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.039B $1.901B
Total Long-Term Liabilities $3.011B $3.015B
Total Liabilities $5.186B $5.023B
YoY Change -2.04%
SHAREHOLDERS EQUITY
Retained Earnings -$1.298B -$1.302B
YoY Change 13.05%
Common Stock $21.70M $20.90M
YoY Change -98.5%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00
YoY Change
Treasury Stock Shares
Shareholders Equity $1.360B $1.403B $430.9M
YoY Change
Total Liabilities & Shareholders Equity $6.546B $6.432B
YoY Change 12.99%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income -$18.00M -$41.40M -$78.60M
YoY Change -181.08% -47.33%
Depreciation, Depletion And Amortization $77.00M $71.60M $64.10M
YoY Change -0.77% 11.7%
Cash From Operating Activities $37.90M $139.3M -$3.400M
YoY Change -84.65% -4197.06%
INVESTING ACTIVITIES
Capital Expenditures -$22.70M -$30.20M -$26.90M
YoY Change -32.64% 12.27%
Acquisitions
YoY Change
Other Investing Activities -$20.00M -$108.2M -$83.80M
YoY Change 21.21% 29.12%
Cash From Investing Activities -$42.70M -$138.4M -$110.7M
YoY Change -14.94% 25.02%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -18.30M 563.1M -5.900M
YoY Change 6000.0% -9644.07%
NET CHANGE
Cash From Operating Activities 37.90M 139.3M -3.400M
Cash From Investing Activities -42.70M -138.4M -110.7M
Cash From Financing Activities -18.30M 563.1M -5.900M
Net Change In Cash -23.10M 564.0M -120.0M
YoY Change -111.76% -570.0%
FREE CASH FLOW
Cash From Operating Activities $37.90M $139.3M -$3.400M
Capital Expenditures -$22.70M -$30.20M -$26.90M
Free Cash Flow $60.60M $169.5M $23.50M
YoY Change -78.4% 621.28%

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Files In Submission

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0001628369-18-000021.txt Edgar Link pending
0001628369-18-000021-xbrl.zip Edgar Link pending
cwk-20180930.xml Edgar Link completed
cwk-20180930.xsd Edgar Link pending
cwk-20180930_cal.xml Edgar Link unprocessable
cwk-20180930_def.xml Edgar Link unprocessable
cwk-20180930_lab.xml Edgar Link unprocessable
cwk-20180930_pre.xml Edgar Link unprocessable
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exhibit322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
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