2016 Q1 Form 10-Q Financial Statement

#000159200016000029 Filed on May 04, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $889.7M $940.5M
YoY Change -5.4% 30.08%
Cost Of Revenue $586.2M $657.4M
YoY Change -10.83% 21.99%
Gross Profit $205.3M $184.7M
YoY Change 11.15% 33.94%
Gross Profit Margin 23.08% 19.64%
Selling, General & Admin $35.10M $42.90M
YoY Change -18.18% 98.61%
% of Gross Profit 17.1% 23.23%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $121.9M $91.30M
YoY Change 33.52% 89.42%
% of Gross Profit 59.38% 49.43%
Operating Expenses $255.2M $232.6M
YoY Change 9.72% 111.26%
Operating Profit -$824.8M $50.50M
YoY Change -1733.27% -30.92%
Interest Expense -$45.80M -$15.20M
YoY Change 201.32% -7700.0%
% of Operating Profit -30.1%
Other Income/Expense, Net -$46.30M -$14.90M
YoY Change 210.74% 684.21%
Pretax Income -$871.1M $35.60M
YoY Change -2546.91% -50.62%
Income Tax $200.0K $10.60M
% Of Pretax Income 29.78%
Net Earnings -$457.6M $17.00M
YoY Change -2791.76% -58.94%
Net Earnings / Revenue -51.43% 1.81%
Basic Earnings Per Share -$2.56 $0.10
Diluted Earnings Per Share -$2.56 $0.10
COMMON SHARES
Basic Shares Outstanding 178.7M shares 164.2M shares
Diluted Shares Outstanding 178.7M shares 164.5M shares

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.000M $110.0M
YoY Change -94.55% -50.23%
Cash & Equivalents $5.800M $109.8M
Short-Term Investments
Other Short-Term Assets $11.00M $14.00M
YoY Change -21.43% 1300.0%
Inventory $34.00M $72.00M
Prepaid Expenses
Receivables $40.00M $76.50M
Other Receivables $89.00M $110.0M
Total Short-Term Assets $439.5M $687.4M
YoY Change -36.06% 9.7%
LONG-TERM ASSETS
Property, Plant & Equipment $6.117B $5.323B
YoY Change 14.91% 26.65%
Goodwill $1.541B $3.710B
YoY Change -58.47% -2.92%
Intangibles $1.697B $877.6M
YoY Change 93.33% 106.54%
Long-Term Investments $269.8M $267.8M
YoY Change 0.75% -1.33%
Other Assets $2.700M $18.70M
YoY Change -85.56% 211.67%
Total Long-Term Assets $9.627B $10.21B
YoY Change -5.67% 16.93%
TOTAL ASSETS
Total Short-Term Assets $439.5M $687.4M
Total Long-Term Assets $9.627B $10.21B
Total Assets $10.07B $10.89B
YoY Change -7.59% 16.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $35.70M $69.20M
YoY Change -48.41% 17.49%
Accrued Expenses $187.2M $135.1M
YoY Change 38.56% 69.3%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $680.8M $525.7M
YoY Change 29.5% -17.06%
LONG-TERM LIABILITIES
Long-Term Debt $3.204B $2.494B
YoY Change 28.49% 62.53%
Other Long-Term Liabilities $59.50M $79.30M
YoY Change -24.97% -19.74%
Total Long-Term Liabilities $3.264B $2.573B
YoY Change 26.84% 57.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $680.8M $525.7M
Total Long-Term Liabilities $3.264B $2.573B
Total Liabilities $3.945B $3.099B
YoY Change 27.3% 36.69%
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 $2.011B $2.766B
YoY Change
Total Liabilities & Shareholders Equity $10.07B $10.89B
YoY Change -7.59% 16.45%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income -$457.6M $17.00M
YoY Change -2791.76% -58.94%
Depreciation, Depletion And Amortization $121.9M $91.30M
YoY Change 33.52% 89.42%
Cash From Operating Activities $194.4M $170.7M
YoY Change 13.88% 44.05%
INVESTING ACTIVITIES
Capital Expenditures $135.4M $161.1M
YoY Change -15.95% 64.72%
Acquisitions $796.8M $312.0M
YoY Change 155.38% 520.28%
Other Investing Activities -$797.5M -$307.9M
YoY Change 159.01% 537.47%
Cash From Investing Activities -$932.9M -$469.0M
YoY Change 98.91% 222.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $259.0M $487.1M
YoY Change -46.83% -54.77%
Cash From Financing Activities $726.3M $339.7M
YoY Change 113.81% 36.87%
NET CHANGE
Cash From Operating Activities $194.4M $170.7M
Cash From Investing Activities -$932.9M -$469.0M
Cash From Financing Activities $726.3M $339.7M
Net Change In Cash -$12.20M $41.40M
YoY Change -129.47% -81.28%
FREE CASH FLOW
Cash From Operating Activities $194.4M $170.7M
Capital Expenditures $135.4M $161.1M
Free Cash Flow $59.00M $9.600M
YoY Change 514.58% -53.62%

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