2020 Q1 Form 10-Q Financial Statement

#000162828020005877 Filed on April 30, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $746.9M $831.7M
YoY Change -10.2% 4.08%
Cost Of Revenue $471.9M $526.6M
YoY Change -10.39% 1.04%
Gross Profit $275.0M $305.1M
YoY Change -9.87% 9.79%
Gross Profit Margin 36.82% 36.68%
Selling, General & Admin $194.5M $187.4M
YoY Change 3.79% 5.52%
% of Gross Profit 70.73% 61.42%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $29.90M $27.70M
YoY Change 7.94% -0.72%
% of Gross Profit 10.87% 9.08%
Operating Expenses $194.5M $187.4M
YoY Change 3.79% 5.52%
Operating Profit $81.70M $113.7M
YoY Change -28.14% 20.57%
Interest Expense $12.50M $11.90M
YoY Change 5.04% -18.49%
% of Operating Profit 15.3% 10.47%
Other Income/Expense, Net -$8.300M -$9.300M
YoY Change -10.75% -6.06%
Pretax Income $80.30M $104.4M
YoY Change -23.08% 23.7%
Income Tax $17.50M $21.90M
% Of Pretax Income 21.79% 20.98%
Net Earnings $62.70M $82.40M
YoY Change -23.91% 19.94%
Net Earnings / Revenue 8.39% 9.91%
Basic Earnings Per Share $1.07 $1.38
Diluted Earnings Per Share $1.05 $1.36
COMMON SHARES
Basic Shares Outstanding 58.80M shares 59.80M shares
Diluted Shares Outstanding 59.60M shares 60.70M shares

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $302.8M $256.8M
YoY Change 17.91% -60.02%
Cash & Equivalents $302.8M $256.8M
Short-Term Investments
Other Short-Term Assets $96.30M $84.10M
YoY Change 14.51% 20.83%
Inventory $489.5M $440.6M
Prepaid Expenses
Receivables $543.5M $573.8M
Other Receivables $14.10M $16.00M
Total Short-Term Assets $1.446B $1.371B
YoY Change 5.46% -16.23%
LONG-TERM ASSETS
Property, Plant & Equipment $607.1M $595.8M
YoY Change 1.9% 0.27%
Goodwill $1.565B $1.412B
YoY Change 10.88% -2.61%
Intangibles $545.4M $471.0M
YoY Change 15.8% -9.6%
Long-Term Investments
YoY Change
Other Assets $207.3M $219.3M
YoY Change -5.47% 82.9%
Total Long-Term Assets $3.018B $2.771B
YoY Change 8.93% -2.89%
TOTAL ASSETS
Total Short-Term Assets $1.446B $1.371B
Total Long-Term Assets $3.018B $2.771B
Total Assets $4.465B $4.142B
YoY Change 7.78% -7.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $250.2M $263.2M
YoY Change -4.94% 4.28%
Accrued Expenses $350.2M $310.3M
YoY Change 12.86% 3.26%
Deferred Revenue $96.40M $40.80M
YoY Change 136.27% -15.35%
Short-Term Debt $378.7M $63.10M
YoY Change 500.16% -76.86%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.058B $703.7M
YoY Change 50.29% -22.84%
LONG-TERM LIABILITIES
Long-Term Debt $842.2M $940.2M
YoY Change -10.42% -17.42%
Other Long-Term Liabilities $183.0M $178.8M
YoY Change 2.35% 69.64%
Total Long-Term Liabilities $1.025B $1.119B
YoY Change -8.38% -10.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.058B $703.7M
Total Long-Term Liabilities $1.025B $1.119B
Total Liabilities $3.057B $2.549B
YoY Change 19.92% -16.21%
SHAREHOLDERS EQUITY
Retained Earnings $2.150B $2.131B
YoY Change 0.86% 14.1%
Common Stock $72.40M $72.40M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $606.8M $466.6M
YoY Change 30.05% 6.53%
Treasury Stock Shares 14.45M shares 12.54M shares
Shareholders Equity $1.405B $1.591B
YoY Change
Total Liabilities & Shareholders Equity $4.465B $4.142B
YoY Change 7.78% -7.75%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income $62.70M $82.40M
YoY Change -23.91% 19.94%
Depreciation, Depletion And Amortization $29.90M $27.70M
YoY Change 7.94% -0.72%
Cash From Operating Activities -$35.50M -$100.4M
YoY Change -64.64% -235.31%
INVESTING ACTIVITIES
Capital Expenditures -$7.800M $19.80M
YoY Change -139.39% -28.0%
Acquisitions $172.0M $0.00
YoY Change -100.0%
Other Investing Activities -$169.6M -$200.0K
YoY Change 84700.0% -99.97%
Cash From Investing Activities -$177.4M -$20.00M
YoY Change 787.0% -97.14%
FINANCING ACTIVITIES
Cash Dividend Paid $25.50M $23.40M
YoY Change 8.97% 11.96%
Common Stock Issuance & Retirement, Net $70.00M $0.00
YoY Change
Debt Paid & Issued, Net $0.00 $1.400M
YoY Change -100.0% -99.44%
Cash From Financing Activities $134.3M $33.30M
YoY Change 303.3% -93.96%
NET CHANGE
Cash From Operating Activities -$35.50M -$100.4M
Cash From Investing Activities -$177.4M -$20.00M
Cash From Financing Activities $134.3M $33.30M
Net Change In Cash -$91.10M -$86.60M
YoY Change 5.2% 16.4%
FREE CASH FLOW
Cash From Operating Activities -$35.50M -$100.4M
Capital Expenditures -$7.800M $19.80M
Free Cash Flow -$27.70M -$120.2M
YoY Change -76.96% -357.39%

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CY2020Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
842200000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
842000000.0 USD
CY2020Q1 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
41500000 USD
CY2019Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
56600000 USD
CY2020Q1 us-gaap Derivative Assets
DerivativeAssets
1700000 USD
CY2019Q4 us-gaap Derivative Assets
DerivativeAssets
100000 USD
CY2020Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
100000 USD
CY2019Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
100000 USD
CY2020Q1 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
1200000 USD
CY2019Q4 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
1400000 USD
CY2020Q1 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
914700000 USD
CY2019Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
922300000 USD
CY2020Q1 us-gaap Restructuring Charges
RestructuringCharges
-1200000 USD

Files In Submission

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0001628280-20-005877.txt Edgar Link pending
0001628280-20-005877-xbrl.zip Edgar Link pending
cr-20200331.xsd Edgar Link pending
cr-20200331q12020.htm Edgar Link pending
cr-20200331q12020_htm.xml Edgar Link completed
cr-20200331_cal.xml Edgar Link unprocessable
cr-20200331_def.xml Edgar Link unprocessable
cr-20200331_lab.xml Edgar Link unprocessable
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