2013 Q1 Form 10-Q Financial Statement

#000119312513196382 Filed on May 02, 2013

View on sec.gov

Income Statement

Concept 2013 Q1 2012 Q1
Revenue $3.184B $3.078B
YoY Change 3.44% -8.09%
Cost Of Revenue $957.0M $977.0M
YoY Change -2.05% -16.71%
Gross Profit $2.228B $2.101B
YoY Change 6.04% -3.45%
Gross Profit Margin 69.97% 68.26%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $251.0M $233.0M
YoY Change 7.73% 6.88%
% of Gross Profit 11.27% 11.09%
Operating Expenses $2.658B $2.517B
YoY Change 5.6% 62.39%
Operating Profit $526.0M $561.0M
YoY Change -6.24% -10.38%
Interest Expense -$139.0M -$138.0M
YoY Change 0.72% 0.0%
% of Operating Profit -26.43% -24.6%
Other Income/Expense, Net $2.000M $3.000M
YoY Change -33.33% -160.0%
Pretax Income $249.0M $414.0M
YoY Change -39.86% -14.29%
Income Tax $57.00M $134.0M
% Of Pretax Income 22.89% 32.37%
Net Earnings $192.0M $280.0M
YoY Change -31.43% -10.83%
Net Earnings / Revenue 6.03% 9.1%
Basic Earnings Per Share $0.66 $0.95
Diluted Earnings Per Share $0.65 $0.94
COMMON SHARES
Basic Shares Outstanding 292.9M shares 292.9M shares
Diluted Shares Outstanding 294.2M shares 294.5M shares

Balance Sheet

Concept 2013 Q1 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $640.0M $769.0M
YoY Change -16.78% 49.03%
Cash & Equivalents $132.0M $769.0M
Short-Term Investments $508.0M
Other Short-Term Assets $161.0M $1.492B
YoY Change -89.21% 13.03%
Inventory $270.0M $325.0M
Prepaid Expenses $422.0M
Receivables $1.357B $1.069B
Other Receivables $213.0M $249.0M
Total Short-Term Assets $3.934B $3.904B
YoY Change 0.77% 8.75%
LONG-TERM ASSETS
Property, Plant & Equipment $27.28B $25.35B
YoY Change 7.61% 5.34%
Goodwill $429.0M
YoY Change
Intangibles $2.000M
YoY Change
Long-Term Investments $351.0M $440.0M
YoY Change -20.23% 6.54%
Other Assets $253.0M $9.572B
YoY Change -97.36% 24.59%
Total Long-Term Assets $37.80B $35.80B
YoY Change 5.6% 9.82%
TOTAL ASSETS
Total Short-Term Assets $3.934B $3.904B
Total Long-Term Assets $37.80B $35.80B
Total Assets $41.74B $39.70B
YoY Change 5.13% 9.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.065B $844.0M
YoY Change 26.18% -12.72%
Accrued Expenses $420.0M $303.0M
YoY Change 38.61% 1.0%
Deferred Revenue
YoY Change
Short-Term Debt $1.021B $0.00
YoY Change -100.0%
Long-Term Debt Due $405.0M $1.030B
YoY Change -60.68% 20500.0%
Total Short-Term Liabilities $4.243B $3.840B
YoY Change 10.49% 43.5%
LONG-TERM LIABILITIES
Long-Term Debt $10.55B $10.04B
YoY Change 5.09% -5.92%
Other Long-Term Liabilities $125.0M $6.561B
YoY Change -98.09% 45.15%
Total Long-Term Liabilities $5.439B $16.60B
YoY Change -67.24% 9.27%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.243B $3.840B
Total Long-Term Liabilities $5.439B $16.60B
Total Liabilities $9.682B $28.16B
YoY Change -65.61% 13.8%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $11.89B $11.55B
YoY Change
Total Liabilities & Shareholders Equity $41.74B $39.70B
YoY Change 5.13% 9.71%

Cashflow Statement

Concept 2013 Q1 2012 Q1
OPERATING ACTIVITIES
Net Income $192.0M $280.0M
YoY Change -31.43% -10.83%
Depreciation, Depletion And Amortization $251.0M $233.0M
YoY Change 7.73% 6.88%
Cash From Operating Activities -$84.00M $402.0M
YoY Change -120.9% 11.05%
INVESTING ACTIVITIES
Capital Expenditures $91.00M $9.000M
YoY Change 911.11% -102.14%
Acquisitions
YoY Change
Other Investing Activities -$13.00M -$6.000M
YoY Change 116.67% -92.0%
Cash From Investing Activities -$663.0M -$490.0M
YoY Change 35.31% -1.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.000M -$8.000M
YoY Change -125.0%
Debt Paid & Issued, Net $509.0M $1.000M
YoY Change 50800.0%
Cash From Financing Activities 485.0M 209.0M
YoY Change 132.06% -33.01%
NET CHANGE
Cash From Operating Activities -84.00M 402.0M
Cash From Investing Activities -663.0M -490.0M
Cash From Financing Activities 485.0M 209.0M
Net Change In Cash -262.0M 121.0M
YoY Change -316.53% -32.02%
FREE CASH FLOW
Cash From Operating Activities -$84.00M $402.0M
Capital Expenditures $91.00M $9.000M
Free Cash Flow -$175.0M $393.0M
YoY Change -144.53% -49.81%

Facts In Submission

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