2016 Q4 Form 10-Q Financial Statement

#000070335117000005 Filed on February 03, 2017

View on sec.gov

Income Statement

Concept 2016 Q4 2015 Q4
Revenue $771.0M $788.6M
YoY Change -2.23% 6.15%
Cost Of Revenue $193.5M $203.8M
YoY Change -5.04% 5.18%
Gross Profit $577.5M $584.8M
YoY Change -1.25% 6.5%
Gross Profit Margin 74.9% 74.16%
Selling, General & Admin $33.50M $31.90M
YoY Change 5.02% -2.45%
% of Gross Profit 5.8% 5.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $39.30M $39.10M
YoY Change 0.51% 8.31%
% of Gross Profit 6.81% 6.69%
Operating Expenses $635.4M $642.1M
YoY Change -1.04% 834.58%
Operating Profit $61.53M $75.62M
YoY Change -18.64% 15.48%
Interest Expense $13.64M $7.907M
YoY Change 72.52% 7.59%
% of Operating Profit 22.17% 10.46%
Other Income/Expense, Net $383.0K $560.0K
YoY Change -31.61% -8.35%
Pretax Income $48.27M $68.27M
YoY Change -29.3% 16.22%
Income Tax $13.63M $20.58M
% Of Pretax Income 28.24% 30.14%
Net Earnings $34.64M $47.69M
YoY Change -27.38% 15.47%
Net Earnings / Revenue 4.49% 6.05%
Basic Earnings Per Share $0.70 $0.81
Diluted Earnings Per Share $0.69 $0.80
COMMON SHARES
Basic Shares Outstanding 49.83M shares 59.20M shares
Diluted Shares Outstanding 50.48M shares 59.90M shares

Balance Sheet

Concept 2016 Q4 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $34.10M $71.30M
YoY Change -52.17% -9.06%
Cash & Equivalents $34.06M $71.29M
Short-Term Investments
Other Short-Term Assets $74.00M $69.10M
YoY Change 7.09% -15.11%
Inventory $25.78M $25.87M
Prepaid Expenses
Receivables $90.50M $87.71M
Other Receivables $0.00 $0.00
Total Short-Term Assets $224.3M $253.9M
YoY Change -11.68% -11.04%
LONG-TERM ASSETS
Property, Plant & Equipment $1.018B $1.071B
YoY Change -4.95% 2.47%
Goodwill $163.7M $160.2M
YoY Change 2.18% 20.62%
Intangibles $28.30M $31.21M
YoY Change -9.35% 77.48%
Long-Term Investments $9.267M $11.13M
YoY Change -16.75%
Other Assets $30.25M $34.48M
YoY Change -12.27% -3.06%
Total Long-Term Assets $1.274B $1.322B
YoY Change -3.66% 4.58%
TOTAL ASSETS
Total Short-Term Assets $224.3M $253.9M
Total Long-Term Assets $1.274B $1.322B
Total Assets $1.498B $1.576B
YoY Change -4.95% 1.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $88.37M $82.94M
YoY Change 6.54% 6.94%
Accrued Expenses $131.4M $122.0M
YoY Change 7.69% -69.31%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $3.800M $3.600M
YoY Change 5.56% -87.14%
Total Short-Term Liabilities $469.8M $449.0M
YoY Change 4.63% -12.15%
LONG-TERM LIABILITIES
Long-Term Debt $1.416B $1.157B
YoY Change 22.46% 28.33%
Other Long-Term Liabilities $142.7M $139.3M
YoY Change 2.41% 5.11%
Total Long-Term Liabilities $142.7M $139.3M
YoY Change 2.41% 5.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $469.8M $449.0M
Total Long-Term Liabilities $142.7M $139.3M
Total Liabilities $612.5M $588.3M
YoY Change 4.11% -8.6%
SHAREHOLDERS EQUITY
Retained Earnings $2.580B $2.474B
YoY Change 4.26% 5.56%
Common Stock $475.9M $505.9M
YoY Change -5.93% 1.53%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.573B $3.133B
YoY Change 14.02% 10.64%
Treasury Stock Shares 126.6M shares 118.0M shares
Shareholders Equity -$530.6M -$164.9M
YoY Change
Total Liabilities & Shareholders Equity $1.498B $1.580B
YoY Change -5.18% 1.94%

Cashflow Statement

Concept 2016 Q4 2015 Q4
OPERATING ACTIVITIES
Net Income $34.64M $47.69M
YoY Change -27.38% 15.47%
Depreciation, Depletion And Amortization $39.30M $39.10M
YoY Change 0.51% 8.31%
Cash From Operating Activities $76.60M $110.3M
YoY Change -30.55% 20.41%
INVESTING ACTIVITIES
Capital Expenditures -$33.00M -$28.50M
YoY Change 15.79% -27.48%
Acquisitions
YoY Change
Other Investing Activities $3.000M $0.00
YoY Change -100.0%
Cash From Investing Activities -$29.90M -$28.40M
YoY Change 5.28% -26.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -46.80M -76.70M
YoY Change -38.98% 100.26%
NET CHANGE
Cash From Operating Activities 76.60M 110.3M
Cash From Investing Activities -29.90M -28.40M
Cash From Financing Activities -46.80M -76.70M
Net Change In Cash -100.0K 5.200M
YoY Change -101.92% -64.86%
FREE CASH FLOW
Cash From Operating Activities $76.60M $110.3M
Capital Expenditures -$33.00M -$28.50M
Free Cash Flow $109.6M $138.8M
YoY Change -21.04% 6.04%

Facts In Submission

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2756000 USD
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54.20
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CY2015Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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701000 shares
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841000 shares
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647000 shares
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689000 shares
CY2015Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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59899000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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60553000 shares
CY2016Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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50480000 shares
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53028000 shares
CY2015Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
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59198000 shares
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59712000 shares
CY2016Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
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49833000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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52339000 shares

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