2010 Q4 Form 8-K Financial Statement

#000091538912000073 Filed on May 16, 2012

View on sec.gov

Income Statement

Concept 2010 Q4 2010 Q3 2010 Q2
Revenue $1.463B $1.507B $1.502B
YoY Change 23.36% 82.0% 19.87%
Cost Of Revenue $1.112B $1.085B $1.118B
YoY Change 25.51% 102.8% 12.59%
Gross Profit $315.0M $430.0M $390.0M
YoY Change 5.0% 46.76% 50.0%
Gross Profit Margin 21.53% 28.53% 25.97%
Selling, General & Admin $120.0M $114.0M $102.0M
YoY Change 26.32% 42.5% 4.08%
% of Gross Profit 38.1% 26.51% 26.15%
Research & Development $44.00M $42.00M $33.00M
YoY Change 37.5% 75.0% -2.94%
% of Gross Profit 13.97% 9.77% 8.46%
Depreciation & Amortization $68.00M $73.00M $70.00M
YoY Change -4.23% 5.8% 4.48%
% of Gross Profit 21.59% 16.98% 17.95%
Operating Expenses $164.0M $156.0M $135.0M
YoY Change 29.13% 50.0% 2.27%
Operating Profit $151.0M $274.0M $255.0M
YoY Change -12.72% 44.97% 99.22%
Interest Expense -$26.00M -$20.00M -$31.00M
YoY Change 30.0% 66.67% 29.17%
% of Operating Profit -17.22% -7.3% -12.16%
Other Income/Expense, Net $1.000M -$2.000M -$1.000M
YoY Change -150.0% -77.78% 0.0%
Pretax Income $21.00M $244.0M $214.0M
YoY Change -180.77% 41.86% 101.89%
Income Tax $4.000M $82.00M $73.00M
% Of Pretax Income 19.05% 33.61% 34.11%
Net Earnings -$12.00M $176.0M $154.0M
YoY Change -62.5% 74.26% 136.92%
Net Earnings / Revenue -0.82% 11.68% 10.25%
Basic Earnings Per Share -$0.09 $1.23 $1.07
Diluted Earnings Per Share -$0.09 $1.20 $1.05
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2010 Q4 2010 Q3 2010 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $516.0M $642.0M $435.0M
YoY Change -34.93% -3.89% -3.33%
Cash & Equivalents $516.0M $642.0M $435.0M
Short-Term Investments $0.00
Other Short-Term Assets $247.0M $40.00M $30.00M
YoY Change 671.88% 21.21% 3.45%
Inventory $608.0M $652.0M $635.0M
Prepaid Expenses
Receivables $545.0M $701.0M $721.0M
Other Receivables $131.0M $66.00M $88.00M
Total Short-Term Assets $2.047B $2.101B $1.909B
YoY Change 17.98% 32.97% 35.87%
LONG-TERM ASSETS
Property, Plant & Equipment $3.219B $3.166B $3.155B
YoY Change 3.5% -3.27% -3.58%
Goodwill $375.0M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $719.0M $345.0M $359.0M
YoY Change 102.54% -8.0% 1.41%
Total Long-Term Assets $3.939B $3.888B $3.890B
YoY Change 4.21% -2.16% -1.54%
TOTAL ASSETS
Total Short-Term Assets $2.047B $2.101B $1.909B
Total Long-Term Assets $3.939B $3.888B $3.890B
Total Assets $5.986B $5.989B $5.799B
YoY Change 8.54% 7.83% 8.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $569.0M $511.0M $540.0M
YoY Change 33.26% 26.8% 59.29%
Accrued Expenses $187.0M $175.0M $135.0M
YoY Change 19.11% 29.63% 21.62%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $156.0M $6.000M
YoY Change -100.0% 524.0% -50.0%
Long-Term Debt Due $6.000M
YoY Change
Total Short-Term Liabilities $1.070B $940.0M $886.0M
YoY Change 33.75% 13.53% 23.57%
LONG-TERM LIABILITIES
Long-Term Debt $1.598B $1.602B $1.605B
YoY Change -0.37% 11.25% 11.46%
Other Long-Term Liabilities $1.407B $1.340B $1.346B
YoY Change 5.0% -1.98% -2.18%
Total Long-Term Liabilities $3.005B $2.942B $2.951B
YoY Change 2.07% 4.81% 4.79%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.070B $940.0M $886.0M
Total Long-Term Liabilities $3.005B $2.942B $2.951B
Total Liabilities $4.359B $4.179B $4.122B
YoY Change 8.92% 6.91% 9.02%
SHAREHOLDERS EQUITY
Retained Earnings $2.253B
YoY Change 15.13%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.627B $1.810B $1.677B
YoY Change
Total Liabilities & Shareholders Equity $5.986B $5.989B $5.799B
YoY Change 8.54% 7.83% 8.27%

Cashflow Statement

Concept 2010 Q4 2010 Q3 2010 Q2
OPERATING ACTIVITIES
Net Income -$12.00M $176.0M $154.0M
YoY Change -62.5% 74.26% 136.92%
Depreciation, Depletion And Amortization $68.00M $73.00M $70.00M
YoY Change -4.23% 5.8% 4.48%
Cash From Operating Activities $278.0M $316.0M $206.0M
YoY Change 208.89% -4.53% -19.22%
INVESTING ACTIVITIES
Capital Expenditures -$112.0M -$59.00M -$46.00M
YoY Change 154.55% -10.61% -52.08%
Acquisitions
YoY Change
Other Investing Activities -$7.000M -$7.000M -$164.0M
YoY Change -41.67% -66.67% 645.45%
Cash From Investing Activities -$119.0M -$66.00M -$210.0M
YoY Change 112.5% -24.14% 77.97%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $617.0M
YoY Change
Cash From Financing Activities -285.0M -43.00M -45.00M
YoY Change -409.78% 65.38% 66.67%
NET CHANGE
Cash From Operating Activities 278.0M 316.0M 206.0M
Cash From Investing Activities -119.0M -66.00M -210.0M
Cash From Financing Activities -285.0M -43.00M -45.00M
Net Change In Cash -126.0M 207.0M -49.00M
YoY Change -200.0% -5.05% -144.55%
FREE CASH FLOW
Cash From Operating Activities $278.0M $316.0M $206.0M
Capital Expenditures -$112.0M -$59.00M -$46.00M
Free Cash Flow $390.0M $375.0M $252.0M
YoY Change 191.04% -5.54% -28.21%

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