2010 Q4 Form 10-K Financial Statement
#000104746911001550 Filed on February 28, 2011
Income Statement
| Concept | 2010 Q4 | 2010 Q3 | 2010 Q2 |
|---|---|---|---|
| Revenue | $392.4M | $348.9M | $365.2M |
| YoY Change | 13.18% | 7.12% | 8.85% |
| Cost Of Revenue | $113.5M | $95.80M | $100.4M |
| YoY Change | 11.6% | -2.74% | -1.47% |
| Gross Profit | $278.9M | $253.1M | $264.8M |
| YoY Change | 13.84% | 11.4% | 13.36% |
| Gross Profit Margin | 71.08% | 72.54% | 72.51% |
| Selling, General & Admin | $142.4M | $133.0M | $140.6M |
| YoY Change | 7.63% | 5.47% | 9.42% |
| % of Gross Profit | 51.06% | 52.55% | 53.1% |
| Research & Development | $55.90M | $52.70M | $50.60M |
| YoY Change | 15.73% | 17.9% | 18.78% |
| % of Gross Profit | 20.04% | 20.82% | 19.11% |
| Depreciation & Amortization | $15.40M | $13.40M | $13.70M |
| YoY Change | 8.45% | -12.99% | -8.05% |
| % of Gross Profit | 5.52% | 5.29% | 5.17% |
| Operating Expenses | $202.8M | $184.2M | $189.7M |
| YoY Change | 13.23% | 8.23% | 10.87% |
| Operating Profit | $76.10M | $68.90M | $75.10M |
| YoY Change | 15.48% | 20.88% | 20.16% |
| Interest Expense | -$2.200M | $1.100M | -$800.0K |
| YoY Change | -246.67% | -257.14% | -147.06% |
| % of Operating Profit | -2.89% | 1.6% | -1.07% |
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | $70.10M | $66.20M | $66.40M |
| YoY Change | 12.34% | -29.72% | 5.73% |
| Income Tax | $5.300M | $18.20M | $8.900M |
| % Of Pretax Income | 7.56% | 27.49% | 13.4% |
| Net Earnings | $64.80M | $48.00M | $57.50M |
| YoY Change | 36.13% | -34.69% | 21.05% |
| Net Earnings / Revenue | 16.51% | 13.76% | 15.74% |
| Basic Earnings Per Share | $0.57 | $0.42 | $0.51 |
| Diluted Earnings Per Share | $0.54 | $0.40 | $0.48 |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2010 Q4 | 2010 Q3 | 2010 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $396.1M | $361.0M | $320.3M |
| YoY Change | 18.56% | 24.7% | 70.1% |
| Cash & Equivalents | $396.1M | $361.0M | $320.3M |
| Short-Term Investments | |||
| Other Short-Term Assets | $130.4M | $115.8M | $122.3M |
| YoY Change | 11.36% | -16.39% | 0.33% |
| Inventory | $203.6M | $212.2M | $182.3M |
| Prepaid Expenses | |||
| Receivables | $277.3M | $303.4M | $294.0M |
| Other Receivables | $25.20M | $0.00 | $0.00 |
| Total Short-Term Assets | $1.033B | $992.4M | $918.9M |
| YoY Change | 16.13% | 13.13% | 23.24% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $269.8M | $260.3M | $249.8M |
| YoY Change | 7.06% | 8.14% | 4.48% |
| Goodwill | $315.2M | ||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $25.00M | $22.30M | $21.90M |
| YoY Change | 12.11% | -10.08% | 7.88% |
| Other Assets | $57.50M | $63.50M | $61.80M |
| YoY Change | 14.77% | 19.36% | 16.38% |
| Total Long-Term Assets | $734.6M | $733.0M | $723.0M |
| YoY Change | 1.14% | 1.12% | 0.49% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $1.033B | $992.4M | $918.9M |
| Total Long-Term Assets | $734.6M | $733.0M | $723.0M |
| Total Assets | $1.767B | $1.725B | $1.642B |
| YoY Change | 9.39% | 7.7% | 12.07% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $47.60M | $281.6M | $247.7M |
| YoY Change | -6.85% | -4.96% | 1.06% |
| Accrued Expenses | $226.1M | ||
| YoY Change | 11.11% | ||
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $41.80M | $100.6M | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $337.8M | $382.2M | $247.7M |
| YoY Change | 16.28% | 28.99% | 1.06% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $177.5M |
| YoY Change | -100.0% | -100.0% | 55.84% |
| Other Long-Term Liabilities | $121.2M | $109.7M | $98.90M |
| YoY Change | 57.81% | -3.01% | -3.98% |
| Total Long-Term Liabilities | $121.2M | $109.7M | $276.4M |
| YoY Change | -27.47% | -49.07% | 27.43% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $337.8M | $382.2M | $247.7M |
| Total Long-Term Liabilities | $121.2M | $109.7M | $276.4M |
| Total Liabilities | $459.0M | $491.9M | $524.1M |
| YoY Change | 0.31% | -3.87% | 13.44% |
| 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 | $1.308B | $1.234B | $1.118B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $1.767B | $1.725B | $1.642B |
| YoY Change | 9.39% | 7.7% | 12.07% |
Cashflow Statement
| Concept | 2010 Q4 | 2010 Q3 | 2010 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $64.80M | $48.00M | $57.50M |
| YoY Change | 36.13% | -34.69% | 21.05% |
| Depreciation, Depletion And Amortization | $15.40M | $13.40M | $13.70M |
| YoY Change | 8.45% | -12.99% | -8.05% |
| Cash From Operating Activities | $94.00M | $96.40M | $48.00M |
| YoY Change | 42.64% | 34.83% | -24.88% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$21.70M | -$16.40M | -$15.70M |
| YoY Change | -8.44% | 35.54% | -8.19% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$1.400M | $1.200M | -$1.000M |
| YoY Change | -117.95% | -98.17% | -140.0% |
| Cash From Investing Activities | -$23.10M | -$15.20M | -$16.70M |
| YoY Change | 45.28% | -128.52% | 14.38% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -26.60M | -56.60M | -14.30M |
| YoY Change | -782.05% | 115.21% | -7.74% |
| NET CHANGE | |||
| Cash From Operating Activities | 94.00M | 96.40M | 48.00M |
| Cash From Investing Activities | -23.10M | -15.20M | -16.70M |
| Cash From Financing Activities | -26.60M | -56.60M | -14.30M |
| Net Change In Cash | 44.30M | 24.60M | 17.00M |
| YoY Change | -17.81% | -75.03% | -49.7% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $94.00M | $96.40M | $48.00M |
| Capital Expenditures | -$21.70M | -$16.40M | -$15.70M |
| Free Cash Flow | $115.7M | $112.8M | $63.70M |
| YoY Change | 29.13% | 34.93% | -21.36% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2010 | us-gaap |
Profit Loss
ProfitLoss
|
218000000 | USD |
| CY2009 | us-gaap |
Profit Loss
ProfitLoss
|
229100000 | USD |
| CY2010 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.92 | |
| CY2009 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.04 | |
| CY2010 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.83 | |
| CY2009 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.95 | |
| CY2010Q1 | us-gaap |
Profit Loss
ProfitLoss
|
47700000 | USD |
| CY2010Q2 | us-gaap |
Profit Loss
ProfitLoss
|
57500000 | USD |
| CY2010Q3 | us-gaap |
Profit Loss
ProfitLoss
|
48000000 | USD |
| CY2010Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.42 | |
| CY2010Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.51 | |
| CY2010Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.42 | |
| CY2010Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.57 | |
| CY2009Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.54 | |
| CY2009Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.42 | |
| CY2009Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.65 | |
| CY2010Q4 | us-gaap |
Profit Loss
ProfitLoss
|
64800000 | USD |
| CY2009Q1 | us-gaap |
Profit Loss
ProfitLoss
|
60500000 | USD |
| CY2009Q2 | us-gaap |
Profit Loss
ProfitLoss
|
47500000 | USD |
| CY2009Q3 | us-gaap |
Profit Loss
ProfitLoss
|
73500000 | USD |
| CY2009Q4 | us-gaap |
Profit Loss
ProfitLoss
|
47600000 | USD |
| CY2009Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.42 | |
| CY2009Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.40 | |
| CY2009Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.63 | |
| CY2009Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.41 | |
| CY2009Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.52 | |
| CY2010Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.40 | |
| CY2010Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.48 | |
| CY2010Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.40 | |
| CY2010Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.54 |
