2017 Q1 Form 10-Q Financial Statement

#000156459017008268 Filed on May 03, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $2.400B $2.126B
YoY Change 12.89% -34.89%
Cost Of Revenue $457.0M $477.0M
YoY Change -4.19% -21.29%
Gross Profit $1.943B $1.649B
YoY Change 17.83% -37.98%
Gross Profit Margin 80.96% 77.56%
Selling, General & Admin $1.074B $1.305B
YoY Change -17.7% -25.21%
% of Gross Profit 55.28% 79.14%
Research & Development $95.00M
YoY Change
% of Gross Profit 4.89%
Depreciation & Amortization $528.0M $542.0M
YoY Change -2.58% -41.72%
% of Gross Profit 27.17% 32.87%
Operating Expenses $1.569B $1.867B
YoY Change -15.96% -30.7%
Operating Profit $706.0M -$3.500B
YoY Change -120.17% 9900.0%
Interest Expense -$128.0M -$370.0M
YoY Change -65.41% -1950.0%
% of Operating Profit -18.13%
Other Income/Expense, Net $19.00M -$21.00M
YoY Change -190.48% -85.91%
Pretax Income $313.0M -$3.685B
YoY Change -108.49% -34.48%
Income Tax $8.000M -$217.0M
% Of Pretax Income 2.56%
Net Earnings $303.0M -$3.056B
YoY Change -109.91% -15.09%
Net Earnings / Revenue 12.63% -143.74%
Basic Earnings Per Share $0.58 -$6.44
Diluted Earnings Per Share $0.58 -$6.44
COMMON SHARES
Basic Shares Outstanding 519.0M 474.0M
Diluted Shares Outstanding 522.0M 474.0M

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.119B $1.635B
YoY Change 29.6% -12.0%
Cash & Equivalents $2.119B $1.635B
Short-Term Investments
Other Short-Term Assets $336.0M $268.0M
YoY Change 25.37% -88.27%
Inventory
Prepaid Expenses
Receivables $1.320B $961.0M
Other Receivables $67.00M $86.00M
Total Short-Term Assets $3.775B $2.950B
YoY Change 27.97% -49.19%
LONG-TERM ASSETS
Property, Plant & Equipment $20.50B $19.26B
YoY Change 6.44% -38.76%
Goodwill $3.964B
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.974B $2.264B
YoY Change -12.81% 29.15%
Total Long-Term Assets $24.86B $25.69B
YoY Change -3.22% -35.03%
TOTAL ASSETS
Total Short-Term Assets $3.775B $2.950B
Total Long-Term Assets $24.86B $25.69B
Total Assets $28.64B $28.64B
YoY Change -0.01% -36.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $638.0M $640.0M
YoY Change -0.31% -52.06%
Accrued Expenses $156.0M $179.0M
YoY Change -12.85%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $350.0M
YoY Change -75.83%
Total Short-Term Liabilities $2.470B $2.600B
YoY Change -5.0% -53.24%
LONG-TERM LIABILITIES
Long-Term Debt $10.38B $12.20B
YoY Change -14.87% 18.39%
Other Long-Term Liabilities $643.0M $2.603B
YoY Change -75.3% 13.42%
Total Long-Term Liabilities $11.02B $14.80B
YoY Change -25.5% 17.48%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.470B $2.600B
Total Long-Term Liabilities $11.02B $14.80B
Total Liabilities $13.49B $22.23B
YoY Change -39.29% -18.72%
SHAREHOLDERS EQUITY
Retained Earnings -$1.081B
YoY Change
Common Stock $53.00M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.466B $6.410B
YoY Change
Total Liabilities & Shareholders Equity $26.13B $28.64B
YoY Change -8.74% -36.84%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $303.0M -$3.056B
YoY Change -109.91% -15.09%
Depreciation, Depletion And Amortization $528.0M $542.0M
YoY Change -2.58% -41.72%
Cash From Operating Activities $746.0M $165.0M
YoY Change 352.12% -89.99%
INVESTING ACTIVITIES
Capital Expenditures $20.00M $1.627B
YoY Change -98.77% -194.76%
Acquisitions
YoY Change
Other Investing Activities $3.000M $1.000M
YoY Change 200.0% -100.25%
Cash From Investing Activities -$454.0M -$2.359B
YoY Change -80.75% 11.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.469B
YoY Change
Debt Paid & Issued, Net $587.0M $259.0M
YoY Change 126.64%
Cash From Financing Activities -124.0M 1.493B
YoY Change -108.31% 67.38%
NET CHANGE
Cash From Operating Activities 746.0M 165.0M
Cash From Investing Activities -454.0M -2.359B
Cash From Financing Activities -124.0M 1.493B
Net Change In Cash 160.0M -701.0M
YoY Change -122.82% -265.33%
FREE CASH FLOW
Cash From Operating Activities $746.0M $165.0M
Capital Expenditures $20.00M $1.627B
Free Cash Flow $726.0M -$1.462B
YoY Change -149.66% -143.45%

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