2021 Q2 Form 10-Q Financial Statement

#000003321321000020 Filed on July 29, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue -$260.1M $527.1M
YoY Change -149.35% -59.77%
Cost Of Revenue $464.0M $405.6M
YoY Change 14.39% -7.17%
Gross Profit -$724.1M $121.4M
YoY Change -696.3% -86.09%
Gross Profit Margin 23.04%
Selling, General & Admin $49.85M $43.34M
YoY Change 15.03% -49.73%
% of Gross Profit 35.69%
Research & Development $1.779M $900.0K
YoY Change 97.67% -52.63%
% of Gross Profit 0.74%
Depreciation & Amortization $380.3M $323.1M
YoY Change 17.7% -13.24%
% of Gross Profit 266.06%
Operating Expenses $49.85M $43.34M
YoY Change 15.03% -49.73%
Operating Profit -$1.218B -$386.9M
YoY Change 214.71% -230.7%
Interest Expense $72.25M $65.39M
YoY Change 10.5% 29.47%
% of Operating Profit
Other Income/Expense, Net $3.765M $3.590M
YoY Change 4.87% -84.82%
Pretax Income -$1.280B -$366.1M
YoY Change 249.55% -322.63%
Income Tax -$346.3M -$103.0M
% Of Pretax Income
Net Earnings -$933.3M -$263.1M
YoY Change 254.75% -309.51%
Net Earnings / Revenue -49.91%
Basic Earnings Per Share -$3.34 -$1.03
Diluted Earnings Per Share -$3.34 -$1.03
COMMON SHARES
Basic Shares Outstanding 279.2M shares 255.5M shares
Diluted Shares Outstanding 279.2M shares 255.5M shares

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $330.8M $3.000M
YoY Change 10925.67% -90.0%
Cash & Equivalents $330.8M $2.968M
Short-Term Investments
Other Short-Term Assets $1.186B $995.0M
YoY Change 19.23% 24.22%
Inventory
Prepaid Expenses
Receivables $651.6M $341.5M
Other Receivables $0.00 $202.0M
Total Short-Term Assets $2.169B $1.542B
YoY Change 40.66% -3.52%
LONG-TERM ASSETS
Property, Plant & Equipment $15.82B $15.70B
YoY Change 0.73% -10.29%
Goodwill
YoY Change
Intangibles $11.05M
YoY Change -80.49%
Long-Term Investments $210.0M
YoY Change -78.94%
Other Assets $587.5M $186.2M
YoY Change 215.47% -42.1%
Total Long-Term Assets $16.82B $16.47B
YoY Change 2.12% -12.79%
TOTAL ASSETS
Total Short-Term Assets $2.169B $1.542B
Total Long-Term Assets $16.82B $16.47B
Total Assets $18.99B $18.01B
YoY Change 5.42% -12.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $820.1M $686.5M
YoY Change 19.46% -19.31%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $399.7M $16.31M
YoY Change 2350.79% 237.66%
Total Short-Term Liabilities $3.679B $1.561B
YoY Change 135.76% 1.78%
LONG-TERM LIABILITIES
Long-Term Debt $5.097B $4.604B
YoY Change 10.7% -7.79%
Other Long-Term Liabilities $897.3M $855.2M
YoY Change 4.93% 5.95%
Total Long-Term Liabilities $897.3M $855.2M
YoY Change 4.93% 5.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.679B $1.561B
Total Long-Term Liabilities $897.3M $855.2M
Total Liabilities $10.68B $8.570B
YoY Change 24.65% -7.16%
SHAREHOLDERS EQUITY
Retained Earnings $71.28M $1.585B
YoY Change -95.5% -54.52%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $20.08M $30.34M
YoY Change -33.81% -22.82%
Treasury Stock Shares 1.145M shares 1.713M shares
Shareholders Equity $8.292B $9.439B
YoY Change
Total Liabilities & Shareholders Equity $18.99B $18.01B
YoY Change 5.42% -12.06%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income -$933.3M -$263.1M
YoY Change 254.75% -309.51%
Depreciation, Depletion And Amortization $380.3M $323.1M
YoY Change 17.7% -13.24%
Cash From Operating Activities $43.49M $446.8M
YoY Change -90.27% 0.74%
INVESTING ACTIVITIES
Capital Expenditures -$219.0M -$255.9M
YoY Change -14.44% -35.18%
Acquisitions
YoY Change
Other Investing Activities -$208.0M $110.6M
YoY Change -288.1% 22020.0%
Cash From Investing Activities -$427.0M -$145.3M
YoY Change 193.87% -63.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 673.6M -317.3M
YoY Change -312.28% 429.72%
NET CHANGE
Cash From Operating Activities 43.49M 446.8M
Cash From Investing Activities -427.0M -145.3M
Cash From Financing Activities 673.6M -317.3M
Net Change In Cash 290.1M -15.80M
YoY Change -1935.82% 47.66%
FREE CASH FLOW
Cash From Operating Activities $43.49M $446.8M
Capital Expenditures -$219.0M -$255.9M
Free Cash Flow $262.5M $702.7M
YoY Change -62.65% -16.18%

Facts In Submission

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dei Document Fiscal Period Focus
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