2012 Q2 Form 10-Q Financial Statement

#000119312512347824 Filed on August 09, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2 2011 Q1
Revenue $3.389B $3.318B $1.612B
YoY Change 2.14% 64.91% -42.39%
Cost Of Revenue $477.0M $399.0M $360.0M
YoY Change 19.55% 31.68% 18.42%
Gross Profit $2.913B $985.0M -$284.0M
YoY Change 195.74% 120.36% -123.43%
Gross Profit Margin 85.95% 29.69% -17.62%
Selling, General & Admin $1.251B $1.496B $1.115B
YoY Change -16.38% 72.15% 20.67%
% of Gross Profit 42.95% 151.88%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $670.0M $429.0M $426.0M
YoY Change 56.18% 9.44% 18.99%
% of Gross Profit 23.0% 43.55%
Operating Expenses $1.930B $1.925B $1.541B
YoY Change 0.26% 52.54% 20.2%
Operating Profit $738.0M $985.0M -$1.825B
YoY Change -25.08% -220.86% 2507.14%
Interest Expense $14.00M $25.00M $18.00M
YoY Change -44.0% -41.86% -250.0%
% of Operating Profit 1.9% 2.54%
Other Income/Expense, Net $962.0M -$150.0M $2.000M
YoY Change -741.33% 2042.86% 0.0%
Pretax Income $1.700B $835.0M -$266.0M
YoY Change 103.59% 101.69% -122.17%
Income Tax $663.0M $325.0M -$104.0M
% Of Pretax Income 39.0% 38.92%
Net Earnings $972.0M $510.0M -$162.0M
YoY Change 90.59% 100.0% -121.95%
Net Earnings / Revenue 28.68% 15.37% -10.05%
Basic Earnings Per Share $1.45 $0.74
Diluted Earnings Per Share $1.29 $0.68 -$50.63M
COMMON SHARES
Basic Shares Outstanding 642.0M shares 635.0M shares 634.0M
Diluted Shares Outstanding 751.0M shares 751.0M shares

Balance Sheet

Concept 2012 Q2 2011 Q2 2011 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.024B $109.0M $849.0M
YoY Change 839.45% -81.86% 64.53%
Cash & Equivalents $1.024B $109.0M $849.0M
Short-Term Investments
Other Short-Term Assets $149.0M $309.0M $378.0M
YoY Change -51.78% -70.79% -73.0%
Inventory
Prepaid Expenses
Receivables $2.123B $2.708B $2.317B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.516B $3.126B $3.544B
YoY Change 44.47% 3.58% 6.27%
LONG-TERM ASSETS
Property, Plant & Equipment $41.87B $32.05B $29.71B
YoY Change 30.64% 15.17% 15.8%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $73.00M $1.105B $1.228B
YoY Change -93.39% 5.54% 22.19%
Other Assets $511.0M $373.0M $319.0M
YoY Change 37.0% 36.13% 8.87%
Total Long-Term Assets $43.01B $33.53B $31.26B
YoY Change 28.27% 15.02% 15.96%
TOTAL ASSETS
Total Short-Term Assets $4.516B $3.126B $3.544B
Total Long-Term Assets $43.01B $33.53B $31.26B
Total Assets $47.53B $36.66B $34.80B
YoY Change 29.65% 13.95% 14.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.552B $2.600B $2.227B
YoY Change -1.85% 66.24% 71.84%
Accrued Expenses $3.407B $2.995B $2.226B
YoY Change 13.76% 158.64% 130.91%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $6.259B $5.728B $4.669B
YoY Change 9.27% 56.72% 49.5%
LONG-TERM LIABILITIES
Long-Term Debt $14.33B $10.05B $9.915B
YoY Change 42.62% -4.32% -18.76%
Other Long-Term Liabilities $982.0M $2.916B $3.106B
YoY Change -66.32% 76.51% 114.21%
Total Long-Term Liabilities $21.48B $12.96B $13.02B
YoY Change 65.69% 6.67% -4.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.259B $5.728B $4.669B
Total Long-Term Liabilities $21.48B $12.96B $13.02B
Total Liabilities $27.74B $21.17B $19.81B
YoY Change 31.01% 22.01% 9.59%
SHAREHOLDERS EQUITY
Retained Earnings $2.352B
YoY Change
Common Stock $7.000M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $39.00M
YoY Change
Treasury Stock Shares 1.812M shares
Shareholders Equity $17.43B $15.48B $15.00B
YoY Change
Total Liabilities & Shareholders Equity $47.53B $36.66B $34.80B
YoY Change 29.65% 13.95% 14.9%

Cashflow Statement

Concept 2012 Q2 2011 Q2 2011 Q1
OPERATING ACTIVITIES
Net Income $972.0M $510.0M -$162.0M
YoY Change 90.59% 100.0% -121.95%
Depreciation, Depletion And Amortization $670.0M $429.0M $426.0M
YoY Change 56.18% 9.44% 18.99%
Cash From Operating Activities $748.0M $1.375B $718.0M
YoY Change -45.6% -23.4% -39.31%
INVESTING ACTIVITIES
Capital Expenditures -$3.827B -$3.406B -$3.381B
YoY Change 12.36% -3.68% 45.17%
Acquisitions
YoY Change
Other Investing Activities $2.556B $940.0M $5.607B
YoY Change 171.91% 14.91% 326.39%
Cash From Investing Activities -$1.271B -$2.466B $2.226B
YoY Change -48.46% -9.27% -319.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.109B 351.0M -2.197B
YoY Change 215.95% -65.18% -5592.5%
NET CHANGE
Cash From Operating Activities 748.0M 1.375B 718.0M
Cash From Investing Activities -1.271B -2.466B 2.226B
Cash From Financing Activities 1.109B 351.0M -2.197B
Net Change In Cash 586.0M -740.0M 747.0M
YoY Change -179.19% -970.59% 257.42%
FREE CASH FLOW
Cash From Operating Activities $748.0M $1.375B $718.0M
Capital Expenditures -$3.827B -$3.406B -$3.381B
Free Cash Flow $4.575B $4.781B $4.099B
YoY Change -4.31% -10.32% 16.71%

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