2016 Q3 Form 10-Q Financial Statement

#000003321316000029 Filed on October 27, 2016

View on sec.gov

Income Statement

Concept 2016 Q3 2015 Q3
Revenue $556.7M $584.0M
YoY Change -4.67% 0.91%
Cost Of Revenue $115.9M $104.5M
YoY Change 10.91% 25.9%
Gross Profit $440.8M $479.5M
YoY Change -8.07% -3.27%
Gross Profit Margin 79.18% 82.11%
Selling, General & Admin $61.43M $60.63M
YoY Change 1.31% 6.13%
% of Gross Profit 13.94% 12.65%
Research & Development $2.700M $8.200M
YoY Change -67.07% 127.78%
% of Gross Profit 0.61% 1.71%
Depreciation & Amortization $237.1M $208.2M
YoY Change 13.86% 18.6%
% of Gross Profit 53.79% 43.43%
Operating Expenses $61.43M $60.63M
YoY Change 1.31% 6.13%
Operating Profit $108.5M $170.1M
YoY Change -36.22% -26.54%
Interest Expense $35.98M $36.55M
YoY Change -1.54% 2.32%
% of Operating Profit 33.18% 21.49%
Other Income/Expense, Net $10.70M $2.700M
YoY Change 296.3% 170.0%
Pretax Income $83.19M $136.2M
YoY Change -38.91% -30.8%
Income Tax $13.08M $35.94M
% Of Pretax Income 15.73% 26.39%
Net Earnings -$8.016M $40.79M
YoY Change -119.65% -58.61%
Net Earnings / Revenue -1.44% 6.98%
Basic Earnings Per Share -$0.05 $0.27
Diluted Earnings Per Share -$0.05 $0.27
COMMON SHARES
Basic Shares Outstanding 172.9M shares 152.6M shares
Diluted Shares Outstanding 172.9M shares 152.9M shares

Balance Sheet

Concept 2016 Q3 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.757B $1.663B
YoY Change 5.65% 41.89%
Cash & Equivalents $1.757B $1.663B
Short-Term Investments
Other Short-Term Assets $200.0M $453.0M
YoY Change -55.85% -7.17%
Inventory
Prepaid Expenses
Receivables $189.4M $147.2M
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.146B $2.263B
YoY Change -5.16% 21.71%
LONG-TERM ASSETS
Property, Plant & Equipment $12.41B $11.27B
YoY Change 10.07% 14.71%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $160.3M
YoY Change
Other Assets $175.8M $205.1M
YoY Change -14.28% 165.08%
Total Long-Term Assets $12.74B $11.48B
YoY Change 11.04% 15.88%
TOTAL ASSETS
Total Short-Term Assets $2.146B $2.263B
Total Long-Term Assets $12.74B $11.48B
Total Assets $14.89B $13.74B
YoY Change 8.37% 16.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $264.8M $265.4M
YoY Change -0.24% -28.33%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $91.00M $350.0M
YoY Change -74.0%
Long-Term Debt Due $160.0M
YoY Change 1353.09%
Total Short-Term Liabilities $618.6M $991.1M
YoY Change -37.58% 60.69%
LONG-TERM LIABILITIES
Long-Term Debt $2.797B $2.818B
YoY Change -0.76% -5.53%
Other Long-Term Liabilities $382.4M $303.0M
YoY Change 26.23% 10.36%
Total Long-Term Liabilities $3.179B $3.121B
YoY Change 1.86% -4.19%
TOTAL LIABILITIES
Total Short-Term Liabilities $618.6M $991.1M
Total Long-Term Liabilities $3.179B $3.121B
Total Liabilities $5.616B $5.988B
YoY Change -6.21% 7.15%
SHAREHOLDERS EQUITY
Retained Earnings $2.706B $3.121B
YoY Change -13.3% 6.3%
Common Stock $3.419B $2.384B
YoY Change 43.39% 26.77%
Preferred Stock
YoY Change
Treasury Stock (at cost) $92.28M $411.7M
YoY Change -77.59% -4.49%
Treasury Stock Shares 5.139M shares 22.81M shares
Shareholders Equity $6.046B $5.172B
YoY Change
Total Liabilities & Shareholders Equity $14.89B $13.74B
YoY Change 8.37% 16.8%

Cashflow Statement

Concept 2016 Q3 2015 Q3
OPERATING ACTIVITIES
Net Income -$8.016M $40.79M
YoY Change -119.65% -58.61%
Depreciation, Depletion And Amortization $237.1M $208.2M
YoY Change 13.86% 18.6%
Cash From Operating Activities $274.3M $244.2M
YoY Change 12.33% -35.14%
INVESTING ACTIVITIES
Capital Expenditures -$784.0M -$578.3M
YoY Change 35.57% -6.39%
Acquisitions
YoY Change
Other Investing Activities -$25.70M -$29.90M
YoY Change -14.05% -811.9%
Cash From Investing Activities -$809.5M -$608.3M
YoY Change 33.08% -0.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 35.70M 68.60M
YoY Change -47.96% -48.92%
NET CHANGE
Cash From Operating Activities 274.3M 244.2M
Cash From Investing Activities -809.5M -608.3M
Cash From Financing Activities 35.70M 68.60M
Net Change In Cash -499.5M -295.5M
YoY Change 69.04% 187.45%
FREE CASH FLOW
Cash From Operating Activities $274.3M $244.2M
Capital Expenditures -$784.0M -$578.3M
Free Cash Flow $1.058B $822.5M
YoY Change 28.67% -17.28%

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dei Document Period End Date
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Files In Submission

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