2024 Q4 Form 10-Q Financial Statement

#000113689324000139 Filed on November 04, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2023 Q4
Revenue $2.570B $2.510B
YoY Change 3.25% -32.42%
Cost Of Revenue $1.593B $1.535B
YoY Change 4.6% -30.1%
Gross Profit $977.0M $975.0M
YoY Change 1.14% -35.77%
Gross Profit Margin 38.02% 38.84%
Selling, General & Admin $521.0M $539.0M
YoY Change 7.64% -47.41%
% of Gross Profit 53.33% 55.28%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $432.0M $430.0M
YoY Change -6.7% -53.56%
% of Gross Profit 44.22% 44.1%
Operating Expenses $521.0M $539.0M
YoY Change 7.64% -47.41%
Operating Profit $490.0M $331.0M
YoY Change 3.16% -32.86%
Interest Expense -$64.00M -$161.0M
YoY Change -62.79% -13.44%
% of Operating Profit -13.06% -48.64%
Other Income/Expense, Net -$38.00M -$88.00M
YoY Change -272.73% -198.88%
Pretax Income $388.0M $82.00M
YoY Change 15.82% -100.48%
Income Tax $108.0M $18.00M
% Of Pretax Income 27.84% 21.95%
Net Earnings $224.0M $251.0M
YoY Change -149.89% -101.45%
Net Earnings / Revenue 8.72% 10.0%
Basic Earnings Per Share $0.41 $0.42
Diluted Earnings Per Share $0.41 $0.42
COMMON SHARES
Basic Shares Outstanding 538.4M shares 545.6M shares 592.5M shares
Diluted Shares Outstanding 548.0M shares 591.0M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.323B $440.0M
YoY Change 183.91% -79.89%
Cash & Equivalents $1.323B $440.0M
Short-Term Investments
Other Short-Term Assets $1.935B $10.71B
YoY Change -79.95% 1737.74%
Inventory
Prepaid Expenses
Receivables $1.929B $1.730B
Other Receivables $883.0M $904.0M
Total Short-Term Assets $6.070B $13.79B
YoY Change -50.05% 7.57%
LONG-TERM ASSETS
Property, Plant & Equipment $620.0M $695.0M
YoY Change -9.09% -19.37%
Goodwill $17.05B $16.97B
YoY Change 1.42% -50.49%
Intangibles $1.400B $1.823B
YoY Change -28.09% -79.64%
Long-Term Investments $4.133B $0.00
YoY Change
Other Assets $1.644B $1.528B
YoY Change 1.73% -25.39%
Total Long-Term Assets $28.28B $41.32B
YoY Change -31.07% -18.12%
TOTAL ASSETS
Total Short-Term Assets $6.070B $13.79B
Total Long-Term Assets $28.28B $41.32B
Total Assets $34.35B $55.11B
YoY Change -35.41% -12.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $220.0M $1.859B
YoY Change -85.06% -32.5%
Accrued Expenses $1.371B
YoY Change
Deferred Revenue $839.0M $832.0M
YoY Change 13.53% 5.58%
Short-Term Debt $112.0M $4.760B
YoY Change -97.56% 25.36%
Long-Term Debt Due $317.0M $1.348B
YoY Change -75.98% -36.8%
Total Short-Term Liabilities $5.142B $18.32B
YoY Change -68.02% 12.91%
LONG-TERM LIABILITIES
Long-Term Debt $10.49B $12.97B
YoY Change -17.66% -8.71%
Other Long-Term Liabilities $1.426B $1.446B
YoY Change -3.52% -23.53%
Total Long-Term Liabilities $11.92B $14.42B
YoY Change -16.19% -10.45%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.142B $18.32B
Total Long-Term Liabilities $11.92B $14.42B
Total Liabilities $17.78B $36.01B
YoY Change -47.24% 0.37%
SHAREHOLDERS EQUITY
Retained Earnings -$22.34B -$22.86B
YoY Change -2.04% 52.72%
Common Stock $6.000M $6.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $16.57B $19.09B
YoY Change
Total Liabilities & Shareholders Equity $34.35B $55.11B
YoY Change -35.41% -12.92%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2023 Q4
OPERATING ACTIVITIES
Net Income $224.0M $251.0M
YoY Change -149.89% -101.45%
Depreciation, Depletion And Amortization $432.0M $430.0M
YoY Change -6.7% -53.56%
Cash From Operating Activities $981.0M $1.525B
YoY Change -10.08% 33.65%
INVESTING ACTIVITIES
Capital Expenditures $244.0M $278.0M
YoY Change -18.12% -9.45%
Acquisitions
YoY Change
Other Investing Activities -$81.00M -$218.0M
YoY Change -345.45% -313.73%
Cash From Investing Activities -$325.0M -$496.0M
YoY Change 22.64% 141.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.161B -835.0M
YoY Change 20.81% 22.25%
NET CHANGE
Cash From Operating Activities 981.0M 1.525B
Cash From Investing Activities -325.0M -496.0M
Cash From Financing Activities -1.161B -835.0M
Net Change In Cash -505.0M 194.0M
YoY Change 274.07% -23.32%
FREE CASH FLOW
Cash From Operating Activities $981.0M $1.525B
Capital Expenditures $244.0M $278.0M
Free Cash Flow $737.0M $1.247B
YoY Change -7.06% 49.52%

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0001136893-24-000139-index-headers.html Edgar Link pending
0001136893-24-000139-index.html Edgar Link pending
0001136893-24-000139.txt Edgar Link pending
0001136893-24-000139-xbrl.zip Edgar Link pending
ex101amendmentto2022omnibu.htm Edgar Link pending
ex102amendmenttoesppplan.htm Edgar Link pending
ex103executiveseverancepla.htm Edgar Link pending
exhibit311q32024.htm Edgar Link pending
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