2023 Q3 Form 10-Q Financial Statement
#000162836923000015 Filed on August 01, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
Revenue | $2.286B | $2.406B |
YoY Change | -9.11% | -7.91% |
Cost Of Revenue | $1.882B | $1.978B |
YoY Change | -8.32% | -4.78% |
Gross Profit | $403.9M | $427.9M |
YoY Change | -12.61% | -20.03% |
Gross Profit Margin | 17.67% | 17.78% |
Selling, General & Admin | $300.9M | $328.9M |
YoY Change | -4.66% | 3.59% |
% of Gross Profit | 74.5% | 76.86% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $36.20M | $35.70M |
YoY Change | 6.78% | -10.08% |
% of Gross Profit | 8.96% | 8.34% |
Operating Expenses | $300.9M | $364.6M |
YoY Change | -4.66% | 14.83% |
Operating Profit | $57.60M | $63.30M |
YoY Change | -48.62% | -64.16% |
Interest Expense | $89.50M | -$45.10M |
YoY Change | 77.58% | -197.83% |
% of Operating Profit | 155.38% | -71.25% |
Other Income/Expense, Net | -$2.000M | -$4.800M |
YoY Change | -93.67% | -80.8% |
Pretax Income | -$17.30M | $6.400M |
YoY Change | -134.53% | -94.8% |
Income Tax | $16.60M | $1.300M |
% Of Pretax Income | 20.31% | |
Net Earnings | -$33.90M | $5.100M |
YoY Change | -241.84% | -94.75% |
Net Earnings / Revenue | -1.48% | 0.21% |
Basic Earnings Per Share | -$0.15 | $0.02 |
Diluted Earnings Per Share | -$0.15 | $0.02 |
COMMON SHARES | ||
Basic Shares Outstanding | 227.2M shares | 227.1M shares |
Diluted Shares Outstanding | 227.2M shares | 227.1M shares |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $588.2M | $502.3M |
YoY Change | 54.46% | 5.37% |
Cash & Equivalents | $588.2M | $502.3M |
Short-Term Investments | ||
Other Short-Term Assets | $163.6M | $216.5M |
YoY Change | -27.83% | -6.24% |
Inventory | ||
Prepaid Expenses | $213.2M | $266.8M |
Receivables | $1.703B | $1.711B |
Other Receivables | $163.3M | $195.1M |
Total Short-Term Assets | $2.618B | $2.625B |
YoY Change | 8.94% | -4.95% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $160.3M | $511.8M |
YoY Change | 2.69% | 183.39% |
Goodwill | $2.052B | $2.073B |
YoY Change | 1.58% | 1.12% |
Intangibles | $822.8M | $841.0M |
YoY Change | -7.07% | -6.45% |
Long-Term Investments | $693.5M | $681.9M |
YoY Change | 5.17% | 3.76% |
Other Assets | $832.9M | $498.9M |
YoY Change | -22.45% | -33.0% |
Total Long-Term Assets | $4.964B | $5.016B |
YoY Change | -4.87% | 0.87% |
TOTAL ASSETS | ||
Total Short-Term Assets | $2.618B | $2.625B |
Total Long-Term Assets | $4.964B | $5.016B |
Total Assets | $7.582B | $7.640B |
YoY Change | -0.51% | -1.21% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.048B | $1.058B |
YoY Change | 1.92% | 1.48% |
Accrued Expenses | $751.4M | $694.7M |
YoY Change | -12.09% | -21.59% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $113.8M | $36.70M |
YoY Change | 173.56% | -6.62% |
Total Short-Term Liabilities | $2.217B | $2.123B |
YoY Change | -0.27% | -8.15% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $3.125B | $3.226B |
YoY Change | -2.69% | 0.44% |
Other Long-Term Liabilities | $266.5M | $612.1M |
YoY Change | 1.56% | 136.88% |
Total Long-Term Liabilities | $3.392B | $3.839B |
YoY Change | -2.37% | 10.6% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $2.217B | $2.123B |
Total Long-Term Liabilities | $3.392B | $3.839B |
Total Liabilities | $6.011B | $6.019B |
YoY Change | -0.54% | -2.09% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$1.187B | -$1.153B |
YoY Change | 6.78% | 1.55% |
Common Stock | $22.70M | $22.70M |
YoY Change | 0.44% | 0.44% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.571B | $1.621B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $7.582B | $7.640B |
YoY Change | -0.51% | -1.21% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$33.90M | $5.100M |
YoY Change | -241.84% | -94.75% |
Depreciation, Depletion And Amortization | $36.20M | $35.70M |
YoY Change | 6.78% | -10.08% |
Cash From Operating Activities | $188.1M | -$16.80M |
YoY Change | 263.83% | -80.93% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $14.20M | $10.60M |
YoY Change | -202.16% | -191.38% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$51.00M | $82.70M |
YoY Change | -47.1% | -474.21% |
Cash From Investing Activities | -$65.20M | $72.10M |
YoY Change | -40.89% | -313.95% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -52.10M | -12.20M |
YoY Change | 231.85% | 29.79% |
NET CHANGE | ||
Cash From Operating Activities | 188.1M | -16.80M |
Cash From Investing Activities | -65.20M | 72.10M |
Cash From Financing Activities | -52.10M | -12.20M |
Net Change In Cash | 70.80M | 43.10M |
YoY Change | -195.29% | -132.85% |
FREE CASH FLOW | ||
Cash From Operating Activities | $188.1M | -$16.80M |
Capital Expenditures | $14.20M | $10.60M |
Free Cash Flow | $173.9M | -$27.40M |
YoY Change | 165.09% | -64.18% |
Facts In Submission
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OperatingLeasePaymentsUse
|
58700000 | usd | |
us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
16300000 | usd | |
us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
10900000 | usd | |
us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
0 | usd | |
us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
12300000 | usd | |
cwk |
Increase Decrease In Beneficial Interest In Securitization Noncash
IncreaseDecreaseInBeneficialInterestInSecuritizationNoncash
|
17400000 | usd | |
cwk |
Increase Decrease In Beneficial Interest In Securitization Noncash
IncreaseDecreaseInBeneficialInterestInSecuritizationNoncash
|
26700000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
34000000.0 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
27100000 | usd | |
CY2023Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2023Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2023Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |