2024 Q4 Form 10-Q Financial Statement

#000081555624000037 Filed on October 16, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $1.910B
YoY Change 3.48%
Cost Of Revenue $1.052B
YoY Change 5.34%
Gross Profit $858.6M
YoY Change 1.3%
Gross Profit Margin 44.95%
Selling, General & Admin $470.5M
YoY Change 2.08%
% of Gross Profit 54.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $44.40M
YoY Change 5.46%
% of Gross Profit 5.17%
Operating Expenses $470.5M
YoY Change 2.08%
Operating Profit $388.1M
YoY Change 0.36%
Interest Expense -$500.0K
YoY Change -123.81%
% of Operating Profit -0.13%
Other Income/Expense, Net
YoY Change
Pretax Income $387.6M
YoY Change 0.57%
Income Tax $89.50M
% Of Pretax Income 23.09%
Net Earnings $298.1M
YoY Change 0.88%
Net Earnings / Revenue 15.61%
Basic Earnings Per Share $0.52
Diluted Earnings Per Share $0.52
COMMON SHARES
Basic Shares Outstanding 572.9M shares 572.6M shares
Diluted Shares Outstanding 574.2M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $292.2M
YoY Change -1.78%
Cash & Equivalents $292.2M
Short-Term Investments
Other Short-Term Assets $208.2M
YoY Change 38.8%
Inventory $1.560B
Prepaid Expenses
Receivables $1.201B
Other Receivables $0.00
Total Short-Term Assets $3.261B
YoY Change 3.59%
LONG-TERM ASSETS
Property, Plant & Equipment $1.325B
YoY Change 30.96%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $153.0M
YoY Change -6.31%
Total Long-Term Assets $1.478B
YoY Change 1.99%
TOTAL ASSETS
Total Short-Term Assets $3.261B
Total Long-Term Assets $1.478B
Total Assets $4.738B
YoY Change 3.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $301.7M
YoY Change 9.67%
Accrued Expenses $324.9M
YoY Change 37.79%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $115.0M
YoY Change 91.67%
Total Short-Term Liabilities $741.6M
YoY Change 11.03%
LONG-TERM LIABILITIES
Long-Term Debt $125.0M
YoY Change -37.5%
Other Long-Term Liabilities $198.6M
YoY Change 21966.67%
Total Long-Term Liabilities $323.6M
YoY Change 61.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $741.6M
Total Long-Term Liabilities $323.6M
Total Liabilities $1.141B
YoY Change 31.33%
SHAREHOLDERS EQUITY
Retained Earnings $3.576B
YoY Change 1.93%
Common Stock $79.00M
YoY Change 160.73%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.597B
YoY Change
Total Liabilities & Shareholders Equity $4.738B
YoY Change 3.08%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $298.1M
YoY Change 0.88%
Depreciation, Depletion And Amortization $44.40M
YoY Change 5.46%
Cash From Operating Activities $296.9M
YoY Change -23.5%
INVESTING ACTIVITIES
Capital Expenditures $59.40M
YoY Change 26.65%
Acquisitions
YoY Change
Other Investing Activities $3.500M
YoY Change 3400.0%
Cash From Investing Activities -$55.90M
YoY Change 30.0%
FINANCING ACTIVITIES
Cash Dividend Paid $223.4M
YoY Change 11.81%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $200.0M
YoY Change -18.37%
Cash From Financing Activities -210.7M
YoY Change -26.56%
NET CHANGE
Cash From Operating Activities 296.9M
Cash From Investing Activities -55.90M
Cash From Financing Activities -210.7M
Net Change In Cash 30.30M
YoY Change -43.78%
FREE CASH FLOW
Cash From Operating Activities $296.9M
Capital Expenditures $59.40M
Free Cash Flow $237.5M
YoY Change -30.39%

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