2024 Q4 Form 10-Q Financial Statement

#000002882324000114 Filed on November 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $927.1M
YoY Change 56.66%
Cost Of Revenue $690.5M
YoY Change 49.39%
Gross Profit $236.6M
YoY Change 82.56%
Gross Profit Margin 25.52%
Selling, General & Admin $164.6M
YoY Change 102.96%
% of Gross Profit 69.57%
Research & Development $23.40M
YoY Change 95.0%
% of Gross Profit 9.89%
Depreciation & Amortization $30.60M
YoY Change 45.71%
% of Gross Profit 12.93%
Operating Expenses $190.2M
YoY Change 105.18%
Operating Profit $46.40M
YoY Change 25.75%
Interest Expense -$38.40M
YoY Change -189.51%
% of Operating Profit -82.76%
Other Income/Expense, Net -$36.70M
YoY Change -52.34%
Pretax Income $9.700M
YoY Change -124.19%
Income Tax $29.90M
% Of Pretax Income 308.25%
Net Earnings -$22.40M
YoY Change -15.47%
Net Earnings / Revenue -2.42%
Basic Earnings Per Share -$0.60
Diluted Earnings Per Share -$0.60
COMMON SHARES
Basic Shares Outstanding 37.58M shares 37.57M shares
Diluted Shares Outstanding 37.60M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $262.4M
YoY Change -33.18%
Cash & Equivalents $251.1M
Short-Term Investments $11.30M
Other Short-Term Assets $206.9M
YoY Change -16.51%
Inventory $641.1M
Prepaid Expenses $39.60M
Receivables $665.4M
Other Receivables $0.00
Total Short-Term Assets $1.899B
YoY Change -11.23%
LONG-TERM ASSETS
Property, Plant & Equipment $143.7M
YoY Change -9.62%
Goodwill $619.6M
YoY Change 3.84%
Intangibles $845.8M
YoY Change -4.33%
Long-Term Investments $6.700M
YoY Change -77.89%
Other Assets $312.3M
YoY Change 17.27%
Total Long-Term Assets $2.003B
YoY Change -1.82%
TOTAL ASSETS
Total Short-Term Assets $1.899B
Total Long-Term Assets $2.003B
Total Assets $3.901B
YoY Change -6.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $479.0M
YoY Change 3.9%
Accrued Expenses $171.1M
YoY Change -3.39%
Deferred Revenue $318.2M
YoY Change -24.42%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $800.0K
YoY Change -91.11%
Total Short-Term Liabilities $1.312B
YoY Change -6.79%
LONG-TERM LIABILITIES
Long-Term Debt $1.100B
YoY Change -12.54%
Other Long-Term Liabilities $95.50M
YoY Change -23.17%
Total Long-Term Liabilities $95.50M
YoY Change -23.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.312B
Total Long-Term Liabilities $95.50M
Total Liabilities $2.825B
YoY Change -9.61%
SHAREHOLDERS EQUITY
Retained Earnings -$5.000M
YoY Change
Common Stock $1.047B
YoY Change 0.72%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.066B
YoY Change
Total Liabilities & Shareholders Equity $3.901B
YoY Change -6.64%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$22.40M
YoY Change -15.47%
Depreciation, Depletion And Amortization $30.60M
YoY Change 45.71%
Cash From Operating Activities -$15.50M
YoY Change 7650.0%
INVESTING ACTIVITIES
Capital Expenditures $3.800M
YoY Change -48.65%
Acquisitions
YoY Change
Other Investing Activities -$8.600M
YoY Change -30.08%
Cash From Investing Activities -$12.40M
YoY Change 20.39%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.600M
YoY Change -264.29%
NET CHANGE
Cash From Operating Activities -15.50M
Cash From Investing Activities -12.40M
Cash From Financing Activities -4.600M
Net Change In Cash -32.50M
YoY Change 157.94%
FREE CASH FLOW
Cash From Operating Activities -$15.50M
Capital Expenditures $3.800M
Free Cash Flow -$19.30M
YoY Change 153.95%

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