2018 Q1 Form 10-Q Financial Statement

#000082118918000025 Filed on May 03, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1
Revenue $3.681B $2.611B
YoY Change 41.01% 92.75%
Cost Of Revenue $1.692B $1.215B
YoY Change 39.19% 50.57%
Gross Profit $2.005B $1.412B
YoY Change 41.96% 162.45%
Gross Profit Margin 54.45% 54.09%
Selling, General & Admin $273.8M $227.5M
YoY Change 20.35% 41.13%
% of Gross Profit 13.66% 16.11%
Research & Development $27.90M $50.70M
YoY Change -44.97% 114.83%
% of Gross Profit 1.39% 3.59%
Depreciation & Amortization $748.6M $816.0M
YoY Change -8.26% -12.15%
% of Gross Profit 37.35% 57.79%
Operating Expenses $1.050B $1.094B
YoY Change -4.03% -1.73%
Operating Profit $874.6M $107.7M
YoY Change 711.71% -116.88%
Interest Expense $61.96M $71.52M
YoY Change -13.37% 4.57%
% of Operating Profit 7.08% 66.37%
Other Income/Expense, Net $727.0K $3.151M
YoY Change -76.93% -171.02%
Pretax Income $813.4M $39.38M
YoY Change 1965.31% -105.54%
Income Tax $174.8M $10.87M
% Of Pretax Income 21.49% 27.59%
Net Earnings $638.6M $28.52M
YoY Change 2139.33% -106.04%
Net Earnings / Revenue 17.35% 1.09%
Basic Earnings Per Share $1.11 $0.05
Diluted Earnings Per Share $1.10 $0.05
COMMON SHARES
Basic Shares Outstanding 575.8M shares 573.9M shares
Diluted Shares Outstanding 579.7M shares 578.6M shares

Balance Sheet

Concept 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $816.0M $1.547B
YoY Change -47.25% 131.59%
Cash & Equivalents $816.1M $1.547B
Short-Term Investments
Other Short-Term Assets $218.6M $264.6M
YoY Change -17.36% 67.86%
Inventory $584.7M $314.0M
Prepaid Expenses
Receivables $1.343B $1.187B
Other Receivables $263.0M $81.00M
Total Short-Term Assets $3.585B $3.394B
YoY Change 5.63% 43.46%
LONG-TERM ASSETS
Property, Plant & Equipment $26.38B $25.61B
YoY Change 3.0% 7.58%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $761.6M $195.2M
YoY Change 290.15% 14.04%
Total Long-Term Assets $27.16B $25.82B
YoY Change 5.18% 7.7%
TOTAL ASSETS
Total Short-Term Assets $3.585B $3.394B
Total Long-Term Assets $27.16B $25.82B
Total Assets $30.74B $29.21B
YoY Change 5.23% 10.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.916B $1.557B
YoY Change 23.04% 31.71%
Accrued Expenses $179.6M $143.7M
YoY Change 25.01% 54.4%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $363.2M $6.579M
YoY Change 5419.91% 0.0%
Total Short-Term Liabilities $2.837B $2.032B
YoY Change 39.6% 31.27%
LONG-TERM LIABILITIES
Long-Term Debt $6.072B $6.980B
YoY Change -13.01% 0.01%
Other Long-Term Liabilities $1.302B $1.248B
YoY Change 4.31% 26.62%
Total Long-Term Liabilities $7.374B $8.228B
YoY Change -10.39% 3.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.837B $2.032B
Total Long-Term Liabilities $7.374B $8.228B
Total Liabilities $10.21B $10.26B
YoY Change -0.49% 7.86%
SHAREHOLDERS EQUITY
Retained Earnings $11.13B $8.330B
YoY Change 33.55% -10.51%
Common Stock $205.8M $205.8M
YoY Change 0.01% 0.13%
Preferred Stock
YoY Change
Treasury Stock (at cost) $45.11M $36.12M
YoY Change 24.88% 23.66%
Treasury Stock Shares 460.0K shares 378.4K shares
Shareholders Equity $16.84B $13.93B
YoY Change
Total Liabilities & Shareholders Equity $30.74B $29.21B
YoY Change 5.23% 10.91%

Cashflow Statement

Concept 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income $638.6M $28.52M
YoY Change 2139.33% -106.04%
Depreciation, Depletion And Amortization $748.6M $816.0M
YoY Change -8.26% -12.15%
Cash From Operating Activities $1.552B $898.0M
YoY Change 72.84% 207.98%
INVESTING ACTIVITIES
Capital Expenditures -$1.441B -$946.6M
YoY Change 52.25% 65.14%
Acquisitions
YoY Change
Other Investing Activities -$15.20M $110.1M
YoY Change -113.81% 2402.27%
Cash From Investing Activities -$1.456B -$836.4M
YoY Change 74.12% 47.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $16.78M $18.63M
YoY Change -9.94% 47.0%
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities -$114.0M -$114.6M
YoY Change -0.55% -150.69%
NET CHANGE
Cash From Operating Activities $1.552B $898.0M
Cash From Investing Activities -$1.456B -$836.4M
Cash From Financing Activities -$114.0M -$114.6M
Net Change In Cash -$18.22M -$52.98M
YoY Change -65.6% 3.68%
FREE CASH FLOW
Cash From Operating Activities $1.552B $898.0M
Capital Expenditures -$1.441B -$946.6M
Free Cash Flow $2.993B $1.845B
YoY Change 62.27% 113.31%

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CY2017Q1 us-gaap Revenues
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CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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573935000 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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575775000 shares

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