2018 Q3 Form 10-Q Financial Statement

#000070335118000056 Filed on November 02, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2017 Q3
Revenue $753.8M $739.4M
YoY Change 1.95% -2.52%
Cost Of Revenue $191.9M $187.6M
YoY Change 2.29% -2.45%
Gross Profit $561.9M $551.8M
YoY Change 1.83% -2.54%
Gross Profit Margin 74.54% 74.63%
Selling, General & Admin $33.90M $32.40M
YoY Change 4.63% -0.31%
% of Gross Profit 6.03% 5.87%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $37.00M $38.50M
YoY Change -3.9% -1.03%
% of Gross Profit 6.58% 6.98%
Operating Expenses $57.60M $70.80M
YoY Change -18.64% -88.93%
Operating Profit $46.90M $28.60M
YoY Change 63.99% -31.04%
Interest Expense $15.60M $13.90M
YoY Change 12.23% 57.79%
% of Operating Profit 33.26% 48.6%
Other Income/Expense, Net $800.0K $476.0K
YoY Change 68.07% 59.2%
Pretax Income $32.10M $15.20M
YoY Change 111.18% -53.89%
Income Tax $5.700M $5.300M
% Of Pretax Income 17.76% 34.87%
Net Earnings $26.40M $9.900M
YoY Change 166.67% -57.39%
Net Earnings / Revenue 3.5% 1.34%
Basic Earnings Per Share $0.65 $0.20
Diluted Earnings Per Share $0.64 $0.20
COMMON SHARES
Basic Shares Outstanding 40.40M shares 48.30M shares
Diluted Shares Outstanding 41.10M shares 48.70M shares

Balance Sheet

Concept 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.00M $9.000M
YoY Change 22.22% -73.68%
Cash & Equivalents $11.00M $9.000M
Short-Term Investments
Other Short-Term Assets $73.90M $65.70M
YoY Change 12.48% -13.89%
Inventory $23.40M $24.20M
Prepaid Expenses
Receivables $42.70M $38.55M
Other Receivables $0.00 $3.400M
Total Short-Term Assets $151.0M $140.9M
YoY Change 7.19% -19.25%
LONG-TERM ASSETS
Property, Plant & Equipment $762.2M $974.8M
YoY Change -21.81% -5.18%
Goodwill $164.0M $164.2M
YoY Change -0.15% 0.19%
Intangibles $23.60M $25.84M
YoY Change -8.65% -12.99%
Long-Term Investments $10.50M
YoY Change 2.19%
Other Assets $31.10M $30.40M
YoY Change 2.3% -6.08%
Total Long-Term Assets $1.093B $1.228B
YoY Change -10.98% -4.39%
TOTAL ASSETS
Total Short-Term Assets $151.0M $140.9M
Total Long-Term Assets $1.093B $1.228B
Total Assets $1.244B $1.369B
YoY Change -9.11% -6.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $97.20M $93.23M
YoY Change 4.26% -0.37%
Accrued Expenses $138.7M $134.3M
YoY Change 3.28% 0.56%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $7.400M $9.000M
YoY Change -17.78% 136.84%
Total Short-Term Liabilities $507.6M $414.4M
YoY Change 22.5% -2.65%
LONG-TERM LIABILITIES
Long-Term Debt $1.153B $1.354B
YoY Change -14.83% -6.12%
Other Long-Term Liabilities $5.700M $139.6M
YoY Change -95.92% -1.66%
Total Long-Term Liabilities $5.700M $139.6M
YoY Change -95.92% -1.66%
TOTAL LIABILITIES
Total Short-Term Liabilities $507.6M $414.4M
Total Long-Term Liabilities $5.700M $139.6M
Total Liabilities $513.3M $554.0M
YoY Change -7.35% -2.4%
SHAREHOLDERS EQUITY
Retained Earnings $2.687B $2.618B
YoY Change 2.61% 2.18%
Common Stock $521.5M $520.7M
YoY Change 0.16% 15.27%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.018B $3.668B
YoY Change 9.57% 3.22%
Treasury Stock Shares 137.4M shares 129.0M shares
Shareholders Equity -$815.9M -$539.0M
YoY Change
Total Liabilities & Shareholders Equity $1.244B $1.369B
YoY Change -9.11% -6.16%

Cashflow Statement

Concept 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $26.40M $9.900M
YoY Change 166.67% -57.39%
Depreciation, Depletion And Amortization $37.00M $38.50M
YoY Change -3.9% -1.03%
Cash From Operating Activities $49.60M $50.20M
YoY Change -1.2% -24.17%
INVESTING ACTIVITIES
Capital Expenditures $31.20M $22.40M
YoY Change 39.29% -17.38%
Acquisitions $0.00
YoY Change
Other Investing Activities $449.7M $100.0K
YoY Change 449600.0%
Cash From Investing Activities $418.5M -$22.40M
YoY Change -1968.3% -17.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $105.5M $41.70M
YoY Change 153.0% -88.08%
Debt Paid & Issued, Net $1.800M $2.500M
YoY Change -28.0% 180.9%
Cash From Financing Activities -$468.0M -28.00M
YoY Change 1571.43% -23.08%
NET CHANGE
Cash From Operating Activities $49.60M $50.20M
Cash From Investing Activities $418.5M -22.40M
Cash From Financing Activities -$468.0M -28.00M
Net Change In Cash $100.0K $50.20M
YoY Change -99.8% 1759.26%
FREE CASH FLOW
Cash From Operating Activities $49.60M $50.20M
Capital Expenditures $31.20M $22.40M
Free Cash Flow $18.40M $27.80M
YoY Change -33.81% -28.88%

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16100000 USD
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6400000 USD
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300000 USD
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2300000 USD
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500000 USD
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2000000.0 USD
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2400000 USD
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400000 USD
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0 LegalMatter
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1020400000 USD

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