2021 Q2 Form 10-Q Financial Statement
#000106121921000025 Filed on August 09, 2021
Income Statement
| Concept | 2021 Q2 | 2021 Q1 | 2020 Q4 |
|---|---|---|---|
| Revenue | $9.450B | $9.155B | $7.044B |
| YoY Change | 64.32% | 22.36% | -12.01% |
| Cost Of Revenue | $7.347B | $6.263B | $4.892B |
| YoY Change | 99.13% | 29.86% | -15.84% |
| Gross Profit | $2.103B | $2.892B | $2.153B |
| YoY Change | 2.02% | 8.75% | -1.86% |
| Gross Profit Margin | 22.26% | 31.59% | 30.56% |
| Selling, General & Admin | $51.50M | $56.30M | $56.80M |
| YoY Change | -9.65% | 1.44% | 10.29% |
| % of Gross Profit | 2.45% | 1.95% | 2.64% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $526.0M | $423.7M | $526.8M |
| YoY Change | 0.63% | 2.79% | 6.94% |
| % of Gross Profit | 25.01% | 14.65% | 24.47% |
| Operating Expenses | $753.1M | $771.6M | $736.6M |
| YoY Change | 3.49% | -4.54% | -11.12% |
| Operating Profit | $1.350B | $1.695B | $1.416B |
| YoY Change | 1.22% | 12.4% | -0.13% |
| Interest Expense | -$148.4M | -$165.9M | -$231.1M |
| YoY Change | -24.13% | -152.25% | 66.02% |
| % of Operating Profit | -10.99% | -9.79% | -16.32% |
| Other Income/Expense, Net | -$6.300M | -$7.100M | -$6.900M |
| YoY Change | -16.0% | -97.72% | -48.89% |
| Pretax Income | $1.177B | $1.373B | $380.2M |
| YoY Change | 5.06% | 14.79% | -66.46% |
| Income Tax | $31.20M | $10.00M | $14.30M |
| % Of Pretax Income | 2.65% | 0.73% | 3.76% |
| Net Earnings | $1.112B | $1.340B | $338.2M |
| YoY Change | 7.5% | -0.72% | -69.17% |
| Net Earnings / Revenue | 11.77% | 14.64% | 4.8% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $504.8K | $608.8K | $154.9K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 2.182B | ||
| Diluted Shares Outstanding | 2.203B |
Balance Sheet
| Concept | 2021 Q2 | 2021 Q1 | 2020 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $404.5M | $229.4M | $1.060B |
| YoY Change | -68.85% | -88.68% | 216.67% |
| Cash & Equivalents | $404.5M | $229.4M | $1.060B |
| Short-Term Investments | |||
| Other Short-Term Assets | $1.163B | $798.0M | $647.6M |
| YoY Change | 58.89% | 1.22% | 19.24% |
| Inventory | $3.347B | $3.703B | $3.304B |
| Prepaid Expenses | |||
| Receivables | $5.397B | $5.853B | $4.898B |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $10.31B | $10.58B | $9.909B |
| YoY Change | 44.9% | 37.12% | 26.03% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $42.23B | $42.43B | $41.91B |
| YoY Change | -1.53% | 0.64% | 0.74% |
| Goodwill | $5.449B | ||
| YoY Change | -5.24% | ||
| Intangibles | $3.309B | ||
| YoY Change | -4.06% | ||
| Long-Term Investments | $2.443B | $2.450B | $2.429B |
| YoY Change | -4.11% | -6.08% | -6.58% |
| Other Assets | $821.2M | $813.9M | $765.3M |
| YoY Change | 205.62% | 30.43% | 61.97% |
| Total Long-Term Assets | $54.49B | $54.40B | $54.20B |
| YoY Change | -0.61% | -0.27% | 0.61% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $10.31B | $10.58B | $9.909B |
| Total Long-Term Assets | $54.49B | $54.40B | $54.20B |
| Total Assets | $64.81B | $64.98B | $64.11B |
| YoY Change | 4.62% | 4.37% | 3.84% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $950.4M | $915.8M | $854.1M |
| YoY Change | -4.17% | 0.0% | -14.97% |
| Accrued Expenses | $7.157B | $7.304B | $5.879B |
| YoY Change | 117.2% | 112.61% | 9.11% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $1.399B | $1.513B | $1.325B |
| YoY Change | -39.83% | -13.52% | -33.14% |
| Total Short-Term Liabilities | $10.53B | $10.54B | $8.988B |
| YoY Change | 40.71% | 52.4% | -1.55% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $27.15B | $27.15B | $28.54B |
| YoY Change | -0.5% | -2.55% | 11.3% |
| Other Long-Term Liabilities | $729.5M | $696.4M | $686.6M |
| YoY Change | -3.24% | -26.82% | -33.49% |
| Total Long-Term Liabilities | $27.88B | $27.84B | $29.23B |
| YoY Change | -0.57% | -3.35% | 9.57% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $10.53B | $10.54B | $8.988B |
| Total Long-Term Liabilities | $27.88B | $27.84B | $29.23B |
| Total Liabilities | $39.98B | $39.94B | $39.75B |
| YoY Change | 7.86% | 11.81% | 11.03% |
| 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 | $24.82B | $25.04B | $24.35B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $64.81B | $64.98B | $64.11B |
| YoY Change | 4.62% | 4.37% | 3.84% |
Cashflow Statement
| Concept | 2021 Q2 | 2021 Q1 | 2020 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $1.112B | $1.340B | $338.2M |
| YoY Change | 7.5% | -0.72% | -69.17% |
| Depreciation, Depletion And Amortization | $526.0M | $423.7M | $526.8M |
| YoY Change | 0.63% | 2.79% | 6.94% |
| Cash From Operating Activities | $1.994B | $2.023B | $1.600B |
| YoY Change | 68.75% | 0.54% | -5.57% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$622.2M | -$679.0M | -$616.3M |
| YoY Change | -30.59% | -37.1% | -49.88% |
| Acquisitions | $0.00 | ||
| YoY Change | |||
| Other Investing Activities | $50.50M | $22.00M | $59.80M |
| YoY Change | 34.31% | 182.05% | 122.3% |
| Cash From Investing Activities | -$571.7M | -$657.0M | -$556.5M |
| YoY Change | -33.43% | -38.7% | -53.73% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -1.146B | -2.190B | -1.016B |
| YoY Change | 14.35% | -386.21% | -21.17% |
| NET CHANGE | |||
| Cash From Operating Activities | 1.994B | 2.023B | 1.600B |
| Cash From Investing Activities | -571.7M | -657.0M | -556.5M |
| Cash From Financing Activities | -1.146B | -2.190B | -1.016B |
| Net Change In Cash | 276.6M | -823.7M | 27.00M |
| YoY Change | -140.74% | -148.29% | -103.38% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $1.994B | $2.023B | $1.600B |
| Capital Expenditures | -$622.2M | -$679.0M | -$616.3M |
| Free Cash Flow | $2.616B | $2.702B | $2.216B |
| YoY Change | 25.9% | -12.6% | -24.2% |
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