2013 Q2 Form 10-Q Financial Statement

#000110465913056665 Filed on July 25, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q2
Revenue $473.1M $298.7M
YoY Change 58.36% -18.77%
Cost Of Revenue $63.60M $62.20M
YoY Change 2.25% 3.67%
Gross Profit $409.5M $275.6M
YoY Change 48.58% -10.46%
Gross Profit Margin 86.56% 92.25%
Selling, General & Admin $54.82M $41.78M
YoY Change 31.22% 2.06%
% of Gross Profit 13.39% 15.16%
Research & Development $6.100M $1.900M
YoY Change 221.05% 58.33%
% of Gross Profit 1.49% 0.69%
Depreciation & Amortization $162.5M $115.7M
YoY Change 40.45% 41.27%
% of Gross Profit 39.68% 41.97%
Operating Expenses $54.82M $41.78M
YoY Change 31.22% 2.06%
Operating Profit $162.0M $70.82M
YoY Change 128.73% -53.77%
Interest Expense $37.38M -$40.60M
YoY Change -192.08% 21.92%
% of Operating Profit 23.08% -57.33%
Other Income/Expense, Net $2.000M $5.200M
YoY Change -61.54% -71.11%
Pretax Income $136.0M $46.02M
YoY Change 195.55% -66.63%
Income Tax $38.08M $14.58M
% Of Pretax Income 27.99% 31.67%
Net Earnings $94.12M $31.45M
YoY Change 199.3% -64.18%
Net Earnings / Revenue 19.89% 10.53%
Basic Earnings Per Share $0.58 $0.21
Diluted Earnings Per Share $0.57 $0.21
COMMON SHARES
Basic Shares Outstanding 150.5M shares 149.6M shares
Diluted Shares Outstanding 151.4M shares 150.1M shares

Balance Sheet

Concept 2013 Q2 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $17.00M $515.0M
YoY Change -96.7% 551.9%
Cash & Equivalents $16.70M $515.0M
Short-Term Investments
Other Short-Term Assets $269.0M $515.0M
YoY Change -47.77% 7.74%
Inventory $55.00M $78.00M
Prepaid Expenses
Receivables $237.4M $106.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $577.4M $1.214B
YoY Change -52.44% 51.94%
LONG-TERM ASSETS
Property, Plant & Equipment $8.201B $7.256B
YoY Change 13.02% 16.62%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $129.7M $132.0M
YoY Change -1.75% -5.04%
Other Assets $36.22M $146.0M
YoY Change -75.19% 10.61%
Total Long-Term Assets $8.477B $7.534B
YoY Change 12.51% 16.02%
TOTAL ASSETS
Total Short-Term Assets $577.4M $1.214B
Total Long-Term Assets $8.477B $7.534B
Total Assets $9.054B $8.748B
YoY Change 3.5% 19.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $271.0M $202.0M
YoY Change 34.17% 8.02%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $55.00M $0.00
YoY Change
Long-Term Debt Due $6.212M $229.9M
YoY Change -97.3% 819.78%
Total Short-Term Liabilities $495.4M $697.0M
YoY Change -28.92% 47.67%
LONG-TERM LIABILITIES
Long-Term Debt $2.499B $2.507B
YoY Change -0.31% 26.09%
Other Long-Term Liabilities $237.7M $226.0M
YoY Change 5.16% 8.65%
Total Long-Term Liabilities $2.737B $2.507B
YoY Change 9.17% 14.15%
TOTAL LIABILITIES
Total Short-Term Liabilities $495.4M $697.0M
Total Long-Term Liabilities $2.737B $2.507B
Total Liabilities $4.952B $5.102B
YoY Change -2.94% 25.76%
SHAREHOLDERS EQUITY
Retained Earnings $2.374B
YoY Change
Common Stock $1.806B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $453.0M
YoY Change
Treasury Stock Shares 25.09M shares 26.09M shares
Shareholders Equity $3.811B $3.646B
YoY Change
Total Liabilities & Shareholders Equity $9.054B $8.748B
YoY Change 3.5% 19.95%

Cashflow Statement

Concept 2013 Q2 2012 Q2
OPERATING ACTIVITIES
Net Income $94.12M $31.45M
YoY Change 199.3% -64.18%
Depreciation, Depletion And Amortization $162.5M $115.7M
YoY Change 40.45% 41.27%
Cash From Operating Activities $309.5M $196.3M
YoY Change 57.67% -17.73%
INVESTING ACTIVITIES
Capital Expenditures -$506.7M -$392.7M
YoY Change 29.03% 39.5%
Acquisitions
YoY Change
Other Investing Activities $0.00 $1.300M
YoY Change -100.0% -91.82%
Cash From Investing Activities -$506.7M -$391.4M
YoY Change 29.46% 47.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 53.50M -35.10M
YoY Change -252.42% 8.33%
NET CHANGE
Cash From Operating Activities 309.5M 196.3M
Cash From Investing Activities -506.7M -391.4M
Cash From Financing Activities 53.50M -35.10M
Net Change In Cash -143.7M -230.2M
YoY Change -37.58% 288.2%
FREE CASH FLOW
Cash From Operating Activities $309.5M $196.3M
Capital Expenditures -$506.7M -$392.7M
Free Cash Flow $816.2M $589.0M
YoY Change 38.57% 13.25%

Facts In Submission

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