2016 Q4 Form 10-K Financial Statement
#000119312517050460 Filed on February 21, 2017
Income Statement
| Concept | 2016 Q4 | 2016 Q2 | 2016 Q1 |
|---|---|---|---|
| Revenue | $4.469B | $4.590B | $4.999B |
| YoY Change | -6.86% | -5.98% | 1.79% |
| Cost Of Revenue | $730.0M | $759.0M | $799.0M |
| YoY Change | -5.68% | 1.2% | 4.86% |
| Gross Profit | $3.739B | $3.831B | $4.200B |
| YoY Change | -7.08% | -7.28% | 1.23% |
| Gross Profit Margin | 83.67% | 83.46% | 84.02% |
| Selling, General & Admin | $2.197B | $2.266B | $2.436B |
| YoY Change | -8.65% | -3.37% | 2.05% |
| % of Gross Profit | 58.76% | 59.15% | 58.0% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $261.0M | $276.0M | $298.0M |
| YoY Change | -12.42% | -5.48% | 0.68% |
| % of Gross Profit | 6.98% | 7.2% | 7.1% |
| Operating Expenses | $3.434B | $3.567B | $3.889B |
| YoY Change | -9.92% | -3.36% | 3.93% |
| Operating Profit | $305.0M | $264.0M | $311.0M |
| YoY Change | 43.87% | -40.14% | -23.59% |
| Interest Expense | -$227.0M | -$138.0M | -$231.0M |
| YoY Change | -4.62% | -36.7% | 3.59% |
| % of Operating Profit | -74.43% | -52.27% | -74.28% |
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | -$152.0M | -$1.543B | $63.00M |
| YoY Change | 67.03% | -821.03% | -62.5% |
| Income Tax | $37.00M | -$138.0M | $26.00M |
| % Of Pretax Income | 41.27% | ||
| Net Earnings | -$221.0M | -$1.432B | $11.00M |
| YoY Change | 166.27% | -1390.09% | -86.08% |
| Net Earnings / Revenue | -4.95% | -31.2% | 0.22% |
| Basic Earnings Per Share | -$12.91 | $0.10 | |
| Diluted Earnings Per Share | -$1.993M | -$12.91 | $0.10 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 110.9M | 110.9M | 110.2M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2016 Q4 | 2016 Q2 | 2016 Q1 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $238.0M | $461.0M | $181.0M |
| YoY Change | 29.35% | 26.3% | -18.47% |
| Cash & Equivalents | $238.0M | $461.0M | $181.0M |
| Short-Term Investments | |||
| Other Short-Term Assets | $772.0M | $675.0M | $765.0M |
| YoY Change | -2.4% | -37.27% | -26.23% |
| Inventory | $480.0M | $527.0M | $587.0M |
| Prepaid Expenses | |||
| Receivables | $3.176B | $3.179B | $3.723B |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $4.666B | $4.842B | $5.256B |
| YoY Change | -9.68% | -11.96% | -3.13% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $8.149B | $8.955B | $10.10B |
| YoY Change | -19.41% | -11.25% | 0.13% |
| Goodwill | $6.521B | ||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $177.0M | $141.0M | $504.0M |
| YoY Change | -63.66% | -71.05% | 3.28% |
| Other Assets | $2.431B | $1.568B | $1.838B |
| YoY Change | 30.35% | -27.17% | -14.91% |
| Total Long-Term Assets | $17.28B | $17.59B | $21.47B |
| YoY Change | -19.37% | -18.89% | -1.04% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $4.666B | $4.842B | $5.256B |
| Total Long-Term Assets | $17.28B | $17.59B | $21.47B |
| Total Assets | $21.94B | $22.43B | $26.72B |
| YoY Change | -17.49% | -17.49% | -1.46% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $995.0M | $979.0M | $1.179B |
| YoY Change | -20.91% | -14.42% | -1.09% |
| Accrued Expenses | $1.356B | $1.493B | $1.624B |
| YoY Change | -14.12% | -13.9% | -4.69% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $455.0M | $253.0M | $249.0M |
| YoY Change | 98.69% | 2.85% | 8.73% |
| Total Short-Term Liabilities | $2.887B | $2.728B | $3.054B |
| YoY Change | -6.02% | -15.54% | -3.39% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $14.79B | $15.11B | $16.67B |
| YoY Change | -10.67% | -9.09% | -0.45% |
| Other Long-Term Liabilities | $1.575B | $1.658B | $1.723B |
| YoY Change | -7.24% | -1.49% | 1.71% |
| Total Long-Term Liabilities | $16.36B | $16.77B | $18.39B |
| YoY Change | -10.35% | -8.39% | -0.25% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $2.887B | $2.728B | $3.054B |
| Total Long-Term Liabilities | $16.36B | $16.77B | $18.39B |
| Total Liabilities | $20.33B | $20.54B | $22.72B |
| YoY Change | -9.95% | -10.65% | -1.38% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | |||
| YoY Change | |||
| Common Stock | |||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $1.615B | $1.895B | $4.003B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $21.94B | $22.43B | $26.72B |
| YoY Change | -17.49% | -17.49% | -1.46% |
Cashflow Statement
| Concept | 2016 Q4 | 2016 Q2 | 2016 Q1 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$221.0M | -$1.432B | $11.00M |
| YoY Change | 166.27% | -1390.09% | -86.08% |
| Depreciation, Depletion And Amortization | $261.0M | $276.0M | $298.0M |
| YoY Change | -12.42% | -5.48% | 0.68% |
| Cash From Operating Activities | $327.0M | $338.0M | $294.0M |
| YoY Change | 6.86% | -40.18% | -581.97% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$183.0M | -$183.0M | -$224.0M |
| YoY Change | -28.79% | -21.46% | -7.05% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $62.00M | $1.731B | -$147.0M |
| YoY Change | -464.71% | -3706.25% | -1570.0% |
| Cash From Investing Activities | -$121.0M | $1.548B | -$371.0M |
| YoY Change | -55.84% | -650.89% | 60.61% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -101.0M | -1.606B | 74.00M |
| YoY Change | 197.06% | 1039.01% | 1380.0% |
| NET CHANGE | |||
| Cash From Operating Activities | 327.0M | 338.0M | 294.0M |
| Cash From Investing Activities | -121.0M | 1.548B | -371.0M |
| Cash From Financing Activities | -101.0M | -1.606B | 74.00M |
| Net Change In Cash | 105.0M | 280.0M | -3.000M |
| YoY Change | -5350.0% | 95.8% | -98.95% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $327.0M | $338.0M | $294.0M |
| Capital Expenditures | -$183.0M | -$183.0M | -$224.0M |
| Free Cash Flow | $510.0M | $521.0M | $518.0M |
| YoY Change | -9.41% | -34.71% | 187.78% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2016Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
110905052 | |
| CY2014 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.82 | |
| CY2015Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.69 | |
| CY2015Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.96 | |
| CY2016Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.10 | |
| CY2016Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-12.91 | |
| CY2014 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.82 | |
| CY2015Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.68 | |
| CY2015Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.95 | |
| CY2016Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.10 | |
| CY2016Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-12.91 | |
| CY2016Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
1077000000 | |
| CY2016Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
269000000 | |
| CY2016Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
81000000 | |
| CY2016Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
118000000 | |
| CY2016Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
156000000 | |
| CY2016Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
207000000 | |
| CY2016Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
246000000 | |
| CY2015 | us-gaap |
Health Care Organization Revenue Net Of Patient Service Revenue Provisions
HealthCareOrganizationRevenueNetOfPatientServiceRevenueProvisions
|
19437000000 | |
| CY2016 | us-gaap |
Health Care Organization Revenue Net Of Patient Service Revenue Provisions
HealthCareOrganizationRevenueNetOfPatientServiceRevenueProvisions
|
18438000000 | |
| CY2015 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
411000000 | |
| CY2016 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1715000000 | |
| CY2015 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
295000000 | |
| CY2016 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-1611000000 | |
| CY2014 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
1.33 | |
| CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.80 | |
| CY2015Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
1.02 | |
| CY2016Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.11 | |
| CY2016Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-12.90 | |
| CY2014 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
1.32 | |
| CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.79 | |
| CY2015Q2 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
1.01 | |
| CY2016Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.11 | |
| CY2016Q2 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-12.90 | |
| CY2015 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-36000000 | |
| CY2016 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-15000000 | |
| CY2014 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.51 | |
| CY2015Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.11 | |
| CY2015 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.31 | |
| CY2015Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.06 | |
| CY2016Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.01 | |
| CY2016Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.01 | |
| CY2014 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-0.51 | |
| CY2015Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-0.11 | |
| CY2015 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-0.31 | |
| CY2015Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-0.06 | |
| CY2016Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-0.01 | |
| CY2016Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-0.01 | |
| CY2015 | us-gaap |
Net Income Loss
NetIncomeLoss
|
158000000 | |
| CY2016 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1721000000 | |
| CY2015 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
115272404 | |
| CY2016 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
110730971 | |
| CY2015 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
114454674 | |
| CY2016 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
110730971 |
