2022 Q4 Form 10-Q Financial Statement

#000002882322000146 Filed on November 09, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $968.8M $810.4M $958.2M
YoY Change -8.57% -15.42% -3.72%
Cost Of Revenue $751.3M $616.6M $698.1M
YoY Change -5.82% -11.67% -1.83%
Gross Profit $217.5M $193.8M $260.1M
YoY Change -16.95% -25.49% -8.45%
Gross Profit Margin 22.45% 23.91% 27.14%
Selling, General & Admin $183.7M $163.1M $195.5M
YoY Change 7.74% -16.57% -13.5%
% of Gross Profit 84.46% 84.16% 75.16%
Research & Development $28.60M $26.70M $25.60M
YoY Change -7.74% 4.3% -15.23%
% of Gross Profit 13.15% 13.78% 9.84%
Depreciation & Amortization $30.90M $29.90M $36.20M
YoY Change -10.69% -17.4% 13.84%
% of Gross Profit 14.21% 15.43% 13.92%
Operating Expenses $212.3M $188.3M $221.4M
YoY Change 5.36% -14.95% -14.94%
Operating Profit $5.200M $5.500M $38.70M
YoY Change -91.39% -85.79% 62.61%
Interest Expense -$57.40M $50.70M $51.30M
YoY Change 21.1% -1.17% -64.45%
% of Operating Profit -1103.85% 921.82% 132.56%
Other Income/Expense, Net $4.700M -$51.50M -$41.30M
YoY Change -246.88% 24.7% -71.75%
Pretax Income -$127.0M -$46.00M -$2.600M
YoY Change 9669.23% 1669.23% -97.88%
Income Tax $30.20M $3.900M -$1.100M
% Of Pretax Income
Net Earnings -$149.2M -$49.80M -$2.100M
YoY Change 289.56% 2271.43% -97.93%
Net Earnings / Revenue -15.4% -6.15% -0.22%
Basic Earnings Per Share -$0.63 -$0.03
Diluted Earnings Per Share -$1.89 -$629.6K -$26.82K
COMMON SHARES
Basic Shares Outstanding 79.08M shares 79.10M shares 78.35M shares
Diluted Shares Outstanding 79.10M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $343.7M $143.0M $229.6M
YoY Change -18.79% -37.72% -18.15%
Cash & Equivalents $319.1M $128.4M $215.9M
Short-Term Investments $24.60M $14.60M $13.70M
Other Short-Term Assets $226.9M $224.9M $285.5M
YoY Change 11.72% -21.23% 17.59%
Inventory $588.1M $666.2M $624.8M
Prepaid Expenses $50.50M $46.60M $52.20M
Receivables $612.2M $537.6M $671.4M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.771B $1.677B $1.921B
YoY Change -6.17% -12.69% 4.35%
LONG-TERM ASSETS
Property, Plant & Equipment $120.7M $112.3M $145.4M
YoY Change -12.6% -22.76% -26.68%
Goodwill $702.3M $649.6M $760.6M
YoY Change -5.55% -14.59% -1.69%
Intangibles $257.6M $254.2M $371.2M
YoY Change -25.87% -31.52% -17.42%
Long-Term Investments $7.600M $7.200M $10.40M
YoY Change -30.91% -30.77% 13.04%
Other Assets $249.9M $249.7M $318.1M
YoY Change -24.23% -21.5% 18.08%
Total Long-Term Assets $1.294B $1.230B $1.666B
YoY Change -20.11% -26.16% -6.77%
TOTAL ASSETS
Total Short-Term Assets $1.771B $1.677B $1.921B
Total Long-Term Assets $1.294B $1.230B $1.666B
Total Assets $3.065B $2.907B $3.587B
YoY Change -12.61% -18.94% -1.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $611.6M $623.8M $572.7M
YoY Change -13.41% 8.92% 13.54%
Accrued Expenses $146.9M $116.2M $221.0M
YoY Change -39.05% -47.42% -11.74%
Deferred Revenue $453.2M
YoY Change 40.57%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $24.00M $2.436B $49.10M
YoY Change -49.04% 4860.49% 145.5%
Total Short-Term Liabilities $1.605B $3.901B $1.560B
YoY Change -8.26% 150.14% 7.58%
LONG-TERM LIABILITIES
Long-Term Debt $2.586B $0.00 $2.447B
YoY Change 15.15% -100.0% 0.66%
Other Long-Term Liabilities $245.4M $120.1M $147.2M
YoY Change 75.91% -18.41% -25.32%
Total Long-Term Liabilities $2.831B $120.1M $147.2M
YoY Change 1929.53% -18.41% -25.32%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.605B $3.901B $1.560B
Total Long-Term Liabilities $2.831B $120.1M $147.2M
Total Liabilities $4.446B $4.021B $1.707B
YoY Change 135.37% 135.6% 3.64%
SHAREHOLDERS EQUITY
Retained Earnings -$1.407B -$1.255B -$782.8M
YoY Change 71.05% 60.26% 13.42%
Common Stock $951.3M $947.4M $936.6M
YoY Change 1.43% 1.15% 4.04%
Preferred Stock
YoY Change
Treasury Stock (at cost) $585.6M $585.5M $582.1M
YoY Change 0.6% 0.58% 0.95%
Treasury Stock Shares 16.68M shares 16.66M shares 16.25M shares
Shareholders Equity -$1.381B -$1.329B -$872.3M
YoY Change
Total Liabilities & Shareholders Equity $3.065B $2.907B $3.587B
YoY Change -12.61% -18.94% -1.13%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$149.2M -$49.80M -$2.100M
YoY Change 289.56% 2271.43% -97.93%
Depreciation, Depletion And Amortization $30.90M $29.90M $36.20M
YoY Change -10.69% -17.4% 13.84%
Cash From Operating Activities $93.10M -$173.8M -$143.3M
YoY Change -77.42% 21.28% 252.96%
INVESTING ACTIVITIES
Capital Expenditures $10.60M -$5.700M -$4.900M
YoY Change -216.48% 16.33% 44.12%
Acquisitions
YoY Change
Other Investing Activities -$12.40M $11.80M -$16.80M
YoY Change -65.07% -170.24% -198.25%
Cash From Investing Activities -$23.00M $6.100M -$21.70M
YoY Change -48.43% -128.11% -258.39%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 116.3M 53.20M 160.3M
YoY Change -160.13% -66.81% -210.32%
NET CHANGE
Cash From Operating Activities 93.10M -173.8M -143.3M
Cash From Investing Activities -23.00M 6.100M -21.70M
Cash From Financing Activities 116.3M 53.20M 160.3M
Net Change In Cash 186.4M -114.5M -4.700M
YoY Change 6.88% 2336.17% -97.27%
FREE CASH FLOW
Cash From Operating Activities $93.10M -$173.8M -$143.3M
Capital Expenditures $10.60M -$5.700M -$4.900M
Free Cash Flow $82.50M -$168.1M -$138.4M
YoY Change -80.43% 21.46% 272.04%

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CY2021Q3 us-gaap Product Warranty Accrual
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us-gaap Restructuring Charges
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us-gaap Restructuring Charges
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2022-09-30
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2022-09-30
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2022-09-30
CY2022Q3 us-gaap Revenues
Revenues
810400000 usd
us-gaap Revenues
Revenues
2491900000 usd
us-gaap Revenues
Revenues
2845600000 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
5500000 usd
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
38700000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-169400000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
87800000 usd
CY2022Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-51500000 usd
CY2021Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-41300000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-142100000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-137200000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-46000000.0 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2600000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-311500000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-49400000 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
CY2022Q3 us-gaap Revenues
Revenues
810400000 usd
CY2021Q3 us-gaap Revenues
Revenues
958200000 usd
us-gaap Revenues
Revenues
2491900000 usd
us-gaap Revenues
Revenues
2845600000 usd
CY2021Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
50700000 usd
CY2022Q3 us-gaap Capitalized Computer Software Impairments1
CapitalizedComputerSoftwareImpairments1
38400000 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
CY2022Q3 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
18900000 usd
CY2022Q3 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
600000 usd
us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
1600000 usd
CY2021Q3 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
300000 usd
us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
500000 usd
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30

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0000028823-22-000146.txt Edgar Link pending
0000028823-22-000146-xbrl.zip Edgar Link pending
dbd-20220930.htm Edgar Link pending
dbd-20220930.xsd Edgar Link pending
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