2023 Q3 Form 10-Q Financial Statement

#000193485023000058 Filed on August 09, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2022 Q2
Revenue $851.0M $1.168B $70.00M
YoY Change -50.44% 1568.57%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $58.00M $56.00M $34.00M
YoY Change -47.27% 64.71%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $108.0M $104.0M $80.00M
YoY Change -69.23% 30.0%
% of Gross Profit
Operating Expenses $496.0M $1.010B -$232.0M
YoY Change -46.09% -535.34%
Operating Profit
YoY Change
Interest Expense $24.00M $25.00M $9.000M
YoY Change -204.35% 177.78%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $380.0M $163.0M $482.0M
YoY Change -50.9% -66.18%
Income Tax $74.00M $33.00M $97.00M
% Of Pretax Income 19.47% 20.25% 20.12%
Net Earnings $306.0M $130.0M $385.0M
YoY Change -47.33% -66.23%
Net Earnings / Revenue 35.96% 11.13% 550.0%
Basic Earnings Per Share $2.47 $1.04 $3.60
Diluted Earnings Per Share $2.45 $1.04 $3.60
COMMON SHARES
Basic Shares Outstanding 125.5M shares 126.4M shares 107.0M shares
Diluted Shares Outstanding 125.0M shares 125.0M shares 107.0M shares

Balance Sheet

Concept 2023 Q3 2023 Q2 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.742B $1.688B $992.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $9.372B $9.111B
YoY Change 50.36%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $1.749B $1.749B
YoY Change
Intangibles $4.005B $3.851B
YoY Change
Long-Term Investments $2.920B $2.803B
YoY Change -92.06%
Other Assets
YoY Change
Total Long-Term Assets $54.25B $53.48B
YoY Change 20.35%
TOTAL ASSETS
Total Short-Term Assets $9.372B $9.111B
Total Long-Term Assets $54.25B $53.48B
Total Assets $63.62B $62.59B
YoY Change 24.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.730B $2.032B
YoY Change 32.77%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.730B $2.032B
YoY Change 32.77%
LONG-TERM LIABILITIES
Long-Term Debt $1.569B $1.571B
YoY Change 174.78%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $1.569B $1.571B
YoY Change 174.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.730B $2.032B
Total Long-Term Liabilities $1.569B $1.571B
Total Liabilities $61.25B $60.07B
YoY Change 23.4%
SHAREHOLDERS EQUITY
Retained Earnings $2.252B $1.971B
YoY Change
Common Stock $3.178B $3.173B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $18.00M $16.00M
YoY Change
Treasury Stock Shares
Shareholders Equity $2.372B $2.518B $3.096B
YoY Change
Total Liabilities & Shareholders Equity $63.62B $62.59B
YoY Change 24.0%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2022 Q2
OPERATING ACTIVITIES
Net Income $306.0M $130.0M $385.0M
YoY Change -47.33% -66.23%
Depreciation, Depletion And Amortization $108.0M $104.0M $80.00M
YoY Change -69.23% 30.0%
Cash From Operating Activities $795.0M $1.380B $305.0M
YoY Change -57.87% 352.46%
INVESTING ACTIVITIES
Capital Expenditures $7.000M $8.000M $9.000M
YoY Change -73.08% -11.11%
Acquisitions
YoY Change
Other Investing Activities -$1.401B -$1.830B -$1.840B
YoY Change -77.33% -0.54%
Cash From Investing Activities -$1.408B -$1.838B -$1.849B
YoY Change -77.31% -0.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 667.0M 562.0M 1.368B
YoY Change -84.0% -58.92%
NET CHANGE
Cash From Operating Activities 795.0M 1.380B 305.0M
Cash From Investing Activities -1.408B -1.838B -1.849B
Cash From Financing Activities 667.0M 562.0M 1.368B
Net Change In Cash 54.00M 104.0M -176.0M
YoY Change -136.24% -159.09%
FREE CASH FLOW
Cash From Operating Activities $795.0M $1.380B $305.0M
Capital Expenditures $7.000M $8.000M $9.000M
Free Cash Flow $788.0M $1.372B $296.0M
YoY Change -57.66% 363.51%

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