2022 Q4 Form 10-Q Financial Statement

#000162828022027586 Filed on November 01, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3
Revenue $824.1M $815.1M
YoY Change 6.96% -2.21%
Cost Of Revenue $487.7M $485.6M
YoY Change 1.08% -4.62%
Gross Profit $336.4M $329.5M
YoY Change 16.81% 1.57%
Gross Profit Margin 40.82% 40.42%
Selling, General & Admin $207.1M $186.8M
YoY Change 1.82% -0.27%
% of Gross Profit 61.56% 56.69%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $29.10M $28.80M
YoY Change -2.02% -0.69%
% of Gross Profit 8.65% 8.74%
Operating Expenses $207.1M $186.8M
YoY Change 1.82% -0.27%
Operating Profit $129.3M $142.7M
YoY Change 48.45% 3.26%
Interest Expense -$15.10M -$12.10M
YoY Change 42.45% -210.0%
% of Operating Profit -11.68% -8.48%
Other Income/Expense, Net -$800.0K -$157.9M
YoY Change -125.0% 2093.06%
Pretax Income $113.4M -$35.00M
YoY Change 42.11% -126.72%
Income Tax $6.700M $24.30M
% Of Pretax Income 5.91%
Net Earnings $106.7M -$59.30M
YoY Change 47.99% -150.86%
Net Earnings / Revenue 12.95% -7.28%
Basic Earnings Per Share -$1.06
Diluted Earnings Per Share $1.875M -$1.057M
COMMON SHARES
Basic Shares Outstanding 56.14M shares 56.10M shares
Diluted Shares Outstanding 56.10M shares

Balance Sheet

Concept 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $657.6M $438.6M
YoY Change 37.4% -2.71%
Cash & Equivalents $657.6M $438.6M
Short-Term Investments
Other Short-Term Assets $126.5M $121.1M
YoY Change 6.57% 9.3%
Inventory $439.8M $435.7M
Prepaid Expenses
Receivables $474.7M $486.9M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.699B $1.482B
YoY Change 10.08% -15.85%
LONG-TERM ASSETS
Property, Plant & Equipment $509.9M $493.9M
YoY Change -8.23% -6.07%
Goodwill $1.528B $1.497B
YoY Change -3.55% 5.59%
Intangibles $416.6M $419.9M
YoY Change -10.81% -12.28%
Long-Term Investments
YoY Change
Other Assets $661.0M $659.1M
YoY Change 154.92% 239.04%
Total Long-Term Assets $2.698B $2.650B
YoY Change -8.33% -2.32%
TOTAL ASSETS
Total Short-Term Assets $1.699B $1.482B
Total Long-Term Assets $2.698B $2.650B
Total Assets $4.397B $4.132B
YoY Change -2.0% -7.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $286.6M $241.1M
YoY Change 4.71% -1.31%
Accrued Expenses $453.9M $395.9M
YoY Change 2.53% 0.13%
Deferred Revenue $142.9M $117.6M
YoY Change 41.35% 34.4%
Short-Term Debt $699.3M $399.5M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.478B $1.076B
YoY Change 87.24% 40.59%
LONG-TERM LIABILITIES
Long-Term Debt $543.7M $843.2M
YoY Change -35.46% 0.12%
Other Long-Term Liabilities $302.2M $336.9M
YoY Change 87.47% 113.23%
Total Long-Term Liabilities $845.9M $1.180B
YoY Change -15.71% 17.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.478B $1.076B
Total Long-Term Liabilities $845.9M $1.180B
Total Liabilities $2.487B $2.422B
YoY Change -6.19% -9.1%
SHAREHOLDERS EQUITY
Retained Earnings $2.823B $2.752B
YoY Change 11.69% 10.94%
Common Stock $72.40M $72.40M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $864.3M $878.3M
YoY Change 25.06% 46.87%
Treasury Stock Shares 16.10M shares 16.29M shares
Shareholders Equity $1.910B $1.711B
YoY Change
Total Liabilities & Shareholders Equity $4.397B $4.132B
YoY Change -2.0% -7.65%

Cashflow Statement

Concept 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income $106.7M -$59.30M
YoY Change 47.99% -150.86%
Depreciation, Depletion And Amortization $29.10M $28.80M
YoY Change -2.02% -0.69%
Cash From Operating Activities $226.4M -$427.0M
YoY Change 32.01% -454.95%
INVESTING ACTIVITIES
Capital Expenditures -$21.60M -$11.60M
YoY Change -18.18% 1.75%
Acquisitions
YoY Change
Other Investing Activities $4.200M $3.800M
YoY Change -940.0% -642.86%
Cash From Investing Activities -$17.40M -$7.800M
YoY Change -35.32% -35.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -13.30M 254.9M
YoY Change -88.64% -816.01%
NET CHANGE
Cash From Operating Activities 226.4M -427.0M
Cash From Investing Activities -17.40M -7.800M
Cash From Financing Activities -13.30M 254.9M
Net Change In Cash 195.7M -179.9M
YoY Change 611.64% -347.8%
FREE CASH FLOW
Cash From Operating Activities $226.4M -$427.0M
Capital Expenditures -$21.60M -$11.60M
Free Cash Flow $248.0M -$415.4M
YoY Change 25.32% -415.41%

Facts In Submission

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