2022 Q4 Form 10-Q Financial Statement
#000106121922000027 Filed on November 08, 2022
Income Statement
| Concept | 2022 Q4 | 2022 Q3 | 2022 Q2 |
|---|---|---|---|
| Revenue | $13.65B | $15.47B | $16.06B |
| YoY Change | 20.05% | 42.81% | 69.95% |
| Cost Of Revenue | $11.06B | $12.32B | $13.45B |
| YoY Change | 20.35% | 42.84% | 83.1% |
| Gross Profit | $2.588B | $3.149B | $2.608B |
| YoY Change | 18.8% | 42.67% | 24.0% |
| Gross Profit Margin | 18.96% | 20.36% | 16.24% |
| Selling, General & Admin | $62.00M | $55.00M | $62.00M |
| YoY Change | 14.39% | 16.28% | 20.39% |
| % of Gross Profit | 2.4% | 1.75% | 2.38% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $557.0M | $446.0M | $553.0M |
| YoY Change | 3.49% | -15.26% | 5.13% |
| % of Gross Profit | 21.52% | 14.16% | 21.2% |
| Operating Expenses | $949.0M | $981.0M | $946.0M |
| YoY Change | 19.51% | 21.92% | 25.61% |
| Operating Profit | $1.639B | $1.712B | $1.662B |
| YoY Change | 18.4% | 22.06% | 23.1% |
| Interest Expense | -$166.0M | $309.0M | -$194.0M |
| YoY Change | -9.98% | -280.91% | 30.73% |
| % of Operating Profit | -10.13% | 18.05% | -11.67% |
| Other Income/Expense, Net | $10.00M | -$302.0M | -$6.000M |
| YoY Change | -278.57% | 4546.15% | -4.76% |
| Pretax Income | $1.480B | $1.410B | $1.457B |
| YoY Change | 37.38% | 17.68% | 23.77% |
| Income Tax | $28.00M | $18.00M | $17.00M |
| % Of Pretax Income | 1.89% | 1.28% | 1.17% |
| Net Earnings | $1.408B | $1.360B | $1.412B |
| YoY Change | 36.79% | 17.87% | 26.94% |
| Net Earnings / Revenue | 10.32% | 8.79% | 8.79% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $0.64 | $618.9K | $641.5K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 2.176B | 2.180B | |
| Diluted Shares Outstanding | 2.199B | 2.201B |
Balance Sheet
| Concept | 2022 Q4 | 2022 Q3 | 2022 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $76.00M | $167.0M | $231.0M |
| YoY Change | -97.3% | -92.46% | -42.89% |
| Cash & Equivalents | $76.00M | $167.0M | $231.0M |
| Short-Term Investments | |||
| Other Short-Term Assets | $987.0M | $1.005B | $933.0M |
| YoY Change | 28.82% | -18.4% | -19.77% |
| Inventory | $2.554B | $3.173B | $3.234B |
| Prepaid Expenses | |||
| Receivables | $6.964B | $6.704B | $8.563B |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $10.60B | $11.08B | $12.96B |
| YoY Change | -20.13% | -13.61% | 25.7% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $44.40B | $44.17B | $44.49B |
| YoY Change | 4.64% | 3.66% | 5.35% |
| Goodwill | $5.608B | $5.608B | |
| YoY Change | 2.92% | ||
| Intangibles | $3.965B | $4.010B | |
| YoY Change | 25.83% | ||
| Long-Term Investments | $2.352B | $2.356B | $2.374B |
| YoY Change | -3.15% | -3.18% | -2.81% |
| Other Assets | $1.184B | $1.214B | $857.0M |
| YoY Change | 48.93% | 49.42% | 4.36% |
| Total Long-Term Assets | $57.51B | $57.36B | $57.39B |
| YoY Change | 6.0% | 5.25% | 5.31% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $10.60B | $11.08B | $12.96B |
| Total Long-Term Assets | $57.51B | $57.36B | $57.39B |
| Total Assets | $68.11B | $68.44B | $70.35B |
| YoY Change | 0.86% | 1.66% | 8.56% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $743.0M | $754.0M | $935.0M |
| YoY Change | -6.96% | -9.46% | -1.62% |
| Accrued Expenses | $8.474B | $8.254B | $11.31B |
| YoY Change | -1.26% | -0.05% | 57.95% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $1.744B | $2.654B | $1.889B |
| YoY Change | 24.59% | 89.67% | 35.03% |
| Total Short-Term Liabilities | $12.27B | $12.90B | $14.98B |
| YoY Change | 5.51% | 8.65% | 42.26% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $26.55B | $26.55B | $26.89B |
| YoY Change | -5.63% | -5.63% | -0.95% |
| Other Long-Term Liabilities | $941.0M | $938.0M | $898.0M |
| YoY Change | 23.82% | 21.63% | 23.1% |
| Total Long-Term Liabilities | $27.49B | $27.49B | $27.79B |
| YoY Change | -4.86% | -4.91% | -0.32% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $12.27B | $12.90B | $14.98B |
| Total Long-Term Liabilities | $27.49B | $27.49B | $27.79B |
| Total Liabilities | $39.76B | $40.38B | $44.42B |
| YoY Change | -5.67% | -4.64% | 11.09% |
| 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 | $26.67B | $26.40B | $25.93B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $68.11B | $68.44B | $70.35B |
| YoY Change | 0.86% | 1.66% | 8.56% |
Cashflow Statement
| Concept | 2022 Q4 | 2022 Q3 | 2022 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $1.408B | $1.360B | $1.412B |
| YoY Change | 36.79% | 17.87% | 26.94% |
| Depreciation, Depletion And Amortization | $557.0M | $446.0M | $553.0M |
| YoY Change | 3.49% | -15.26% | 5.13% |
| Cash From Operating Activities | $2.725B | $1.050B | $2.119B |
| YoY Change | 28.22% | -55.7% | 6.27% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $761.0M | -$472.0M | -$382.0M |
| YoY Change | -282.28% | -6.44% | -38.6% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $116.0M | $31.00M | $46.00M |
| YoY Change | 2536.36% | 164.96% | -8.91% |
| Cash From Investing Activities | -$645.0M | -$441.0M | -$336.0M |
| YoY Change | 56.14% | -10.51% | -41.23% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -2.129B | -751.0M | -1.839B |
| YoY Change | 92.58% | 475.92% | 60.53% |
| NET CHANGE | |||
| Cash From Operating Activities | 2.725B | 1.050B | 2.119B |
| Cash From Investing Activities | -645.0M | -441.0M | -336.0M |
| Cash From Financing Activities | -2.129B | -751.0M | -1.839B |
| Net Change In Cash | -49.00M | -142.0M | -56.00M |
| YoY Change | -108.08% | -108.13% | -120.25% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $2.725B | $1.050B | $2.119B |
| Capital Expenditures | $761.0M | -$472.0M | -$382.0M |
| Free Cash Flow | $1.964B | $1.522B | $2.501B |
| YoY Change | -22.76% | -47.06% | -4.4% |
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