2015 Q2 Form 10-Q Financial Statement

#000000695515000037 Filed on July 09, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q3 2014 Q2
Revenue $320.1M $354.3M $378.2M
YoY Change -15.36% 8.28% 9.87%
Cost Of Revenue $201.5M $212.3M $229.6M
YoY Change -12.24% 7.33% 10.77%
Gross Profit $118.6M $142.1M $148.6M
YoY Change -20.19% 9.73% 8.51%
Gross Profit Margin 37.04% 40.1% 39.28%
Selling, General & Admin $69.60M $87.40M $83.50M
YoY Change -16.65% 22.58% 12.38%
% of Gross Profit 58.7% 61.51% 56.21%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.30M $13.70M $14.90M
YoY Change -10.74% 23.42% 7.19%
% of Gross Profit 11.22% 9.64% 10.03%
Operating Expenses $75.60M $93.80M $89.80M
YoY Change -15.81% 22.29% 12.39%
Operating Profit $43.00M $48.29M $58.78M
YoY Change -26.84% -8.53% 3.05%
Interest Expense -$7.500M -$6.100M -$5.900M
YoY Change 27.12% 1.67% -4.84%
% of Operating Profit -17.44% -12.63% -10.04%
Other Income/Expense, Net -$569.0K -$1.000M -$620.0K
YoY Change -8.23% 25.0% -31.94%
Pretax Income $34.97M $54.60M $52.23M
YoY Change -33.04% 18.95% 4.66%
Income Tax -$2.987M $19.10M $1.671M
% Of Pretax Income -8.54% 34.98% 3.2%
Net Earnings $37.96M $35.59M $50.56M
YoY Change -24.92% -38.91% -154.37%
Net Earnings / Revenue 11.86% 10.04% 13.37%
Basic Earnings Per Share $0.64 $0.52 $0.72
Diluted Earnings Per Share $0.63 $0.51 $0.70
COMMON SHARES
Basic Shares Outstanding 59.62M shares 64.97M shares 70.43M shares
Diluted Shares Outstanding 60.24M shares 71.77M shares

Balance Sheet

Concept 2015 Q2 2014 Q3 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $108.1M $109.0M $129.6M
YoY Change -16.59% 4.81% -19.7%
Cash & Equivalents $108.1M $109.0M $129.6M
Short-Term Investments
Other Short-Term Assets $75.20M $44.40M $44.90M
YoY Change 67.48% -86.11% -85.65%
Inventory $155.2M $162.6M $171.6M
Prepaid Expenses
Receivables $219.4M $227.0M $259.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $557.9M $543.0M $605.3M
YoY Change -7.83% -30.85% -27.44%
LONG-TERM ASSETS
Property, Plant & Equipment $148.4M $169.1M $170.5M
YoY Change -12.91% -16.08% 62.95%
Goodwill $612.2M $742.8M $766.0M
YoY Change -20.07% 1.06% 18.36%
Intangibles $316.9M $365.2M $376.2M
YoY Change -15.77% -3.06% 18.7%
Long-Term Investments
YoY Change
Other Assets $25.48M $36.84M $29.69M
YoY Change -14.16% 75.84% 80.44%
Total Long-Term Assets $1.103B $1.314B $1.342B
YoY Change -17.83% -1.51% 23.7%
TOTAL ASSETS
Total Short-Term Assets $557.9M $543.0M $605.3M
Total Long-Term Assets $1.103B $1.314B $1.342B
Total Assets $1.661B $1.857B $1.948B
YoY Change -14.72% -12.38% 1.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $129.7M $145.8M $169.0M
YoY Change -23.26% -5.36% 14.27%
Accrued Expenses $42.40M $53.00M $50.60M
YoY Change -16.21% 21.0% 20.19%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $4.500M $3.375M
YoY Change -100.0% -66.25%
Total Short-Term Liabilities $232.8M $299.1M $294.6M
YoY Change -20.95% -7.06% -6.06%
LONG-TERM LIABILITIES
Long-Term Debt $600.0M $385.5M $386.6M
YoY Change 55.19% -25.15% 1.08%
Other Long-Term Liabilities $54.84M $57.88M $75.23M
YoY Change -27.1% -11.85% 10.18%
Total Long-Term Liabilities $654.8M $443.4M $461.9M
YoY Change 41.78% -23.64% 2.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $232.8M $299.1M $294.6M
Total Long-Term Liabilities $654.8M $443.4M $461.9M
Total Liabilities $987.7M $855.2M $756.4M
YoY Change 30.58% -17.7% -1.04%
SHAREHOLDERS EQUITY
Retained Earnings $1.347B $1.350B $1.317B
YoY Change 2.34% 13.54% 16.17%
Common Stock $117.9M $109.1M $103.6M
YoY Change 13.79% 67.51% 109.52%
Preferred Stock
YoY Change
Treasury Stock (at cost) $593.3M $388.6M $288.1M
YoY Change 105.94% 270.42% 275.32%
Treasury Stock Shares 19.41M shares 12.20M shares 9.180M shares
Shareholders Equity $673.3M $1.002B $1.085B
YoY Change
Total Liabilities & Shareholders Equity $1.661B $1.857B $1.948B
YoY Change -14.72% -12.38% 1.47%

Cashflow Statement

Concept 2015 Q2 2014 Q3 2014 Q2
OPERATING ACTIVITIES
Net Income $37.96M $35.59M $50.56M
YoY Change -24.92% -38.91% -154.37%
Depreciation, Depletion And Amortization $13.30M $13.70M $14.90M
YoY Change -10.74% 23.42% 7.19%
Cash From Operating Activities $40.40M $52.00M $36.30M
YoY Change 11.29% -32.9% -52.24%
INVESTING ACTIVITIES
Capital Expenditures -$4.300M -$8.100M -$11.60M
YoY Change -62.93% 68.75% 61.11%
Acquisitions
YoY Change
Other Investing Activities $200.0K $37.10M $20.90M
YoY Change -99.04% -115.78% 226.56%
Cash From Investing Activities -$4.100M $29.00M $9.300M
YoY Change -144.09% -112.09% -1262.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -12.50M -98.20M -70.80M
YoY Change -82.34% -193.52% 2341.38%
NET CHANGE
Cash From Operating Activities 40.40M 52.00M 36.30M
Cash From Investing Activities -4.100M 29.00M 9.300M
Cash From Financing Activities -12.50M -98.20M -70.80M
Net Change In Cash 23.80M -17.20M -25.20M
YoY Change -194.44% -70.03% -134.85%
FREE CASH FLOW
Cash From Operating Activities $40.40M $52.00M $36.30M
Capital Expenditures -$4.300M -$8.100M -$11.60M
Free Cash Flow $44.70M $60.10M $47.90M
YoY Change -6.68% -26.97% -42.43%

Facts In Submission

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us-gaap Weighted Average Number Of Shares Outstanding Basic
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