2010 Q1 Form 10-K Financial Statement
#000119312511079691 Filed on March 28, 2011
Income Statement
| Concept | 2010 Q1 | 2010 | 2009 Q4 |
|---|---|---|---|
| Revenue | $4.236B | $14.20B | $3.589B |
| YoY Change | 3.77% | -2.26% | 0.79% |
| Cost Of Revenue | $2.563B | $8.473B | $2.065B |
| YoY Change | -4.83% | -6.67% | -5.41% |
| Gross Profit | $1.673B | $5.724B | $1.524B |
| YoY Change | 20.45% | 5.09% | 10.6% |
| Gross Profit Margin | 39.49% | 40.32% | 42.46% |
| Selling, General & Admin | $744.0M | ||
| YoY Change | 8.45% | ||
| % of Gross Profit | 13.0% | ||
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $164.0M | $655.0M | $168.0M |
| YoY Change | -1.8% | 0.31% | 3.07% |
| % of Gross Profit | 9.8% | 11.44% | 11.02% |
| Operating Expenses | $1.086B | $3.895B | $1.024B |
| YoY Change | 9.59% | 0.03% | 4.07% |
| Operating Profit | $587.0M | $1.829B | $500.0M |
| YoY Change | 47.49% | 17.77% | 26.9% |
| Interest Expense | $0.00 | $1.000M | $0.00 |
| YoY Change | -100.0% | -97.22% | -100.0% |
| % of Operating Profit | 0.0% | 0.05% | 0.0% |
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | $587.0M | $1.816B | $500.0M |
| YoY Change | 46.38% | 14.65% | 25.63% |
| Income Tax | $235.0M | $714.0M | $193.0M |
| % Of Pretax Income | 40.03% | 39.32% | 38.6% |
| Net Earnings | $352.0M | $1.102B | $307.0M |
| YoY Change | 44.86% | 13.96% | 24.8% |
| Net Earnings / Revenue | 8.31% | 7.76% | 8.55% |
| Basic Earnings Per Share | $0.51 | $1.59 | $0.44 |
| Diluted Earnings Per Share | $0.51 | $1.58 | $0.44 |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2010 Q1 | 2010 | 2009 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $2.573B | $2.573B | $2.398B |
| YoY Change | 50.03% | 50.03% | 54.21% |
| Cash & Equivalents | $2.348B | $1.069B | $2.173B |
| Short-Term Investments | $225.0M | $225.0M | $225.0M |
| Other Short-Term Assets | $614.0M | $464.0M | $657.0M |
| YoY Change | -21.68% | -40.82% | -15.55% |
| Inventory | $1.477B | $1.477B | $1.999B |
| Prepaid Expenses | |||
| Receivables | $150.0M | ||
| Other Receivables | $0.00 | ||
| Total Short-Term Assets | $4.664B | $4.664B | $5.054B |
| YoY Change | 16.45% | 16.45% | 10.91% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $2.628B | $2.628B | $2.717B |
| YoY Change | -10.4% | -10.4% | -9.91% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $533.0M | $507.0M | $498.0M |
| YoY Change | 15.87% | 18.18% | 11.91% |
| Total Long-Term Assets | $3.321B | $3.321B | $3.376B |
| YoY Change | -6.69% | -6.69% | -6.97% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $4.664B | $4.664B | $5.054B |
| Total Long-Term Assets | $3.321B | $3.321B | $3.376B |
| Total Assets | $7.985B | $7.985B | $8.430B |
| YoY Change | 5.57% | 5.57% | 2.98% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $1.027B | $1.027B | $1.418B |
| YoY Change | 5.33% | 5.33% | -10.14% |
| Accrued Expenses | $1.063B | $391.0M | $1.050B |
| YoY Change | -1.21% | 7.71% | -0.19% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $0.00 | $0.00 | $0.00 |
| YoY Change | -100.0% | -100.0% | -100.0% |
| Total Short-Term Liabilities | $2.131B | $2.131B | $2.474B |
| YoY Change | -1.25% | -1.25% | -12.98% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | $963.0M | $963.0M | $975.0M |
| YoY Change | -5.5% | -5.5% | -4.22% |
| Total Long-Term Liabilities | $963.0M | $963.0M | $975.0M |
| YoY Change | -5.5% | -5.5% | -4.22% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $2.131B | $2.131B | $2.474B |
| Total Long-Term Liabilities | $963.0M | $963.0M | $975.0M |
| Total Liabilities | $3.094B | $3.094B | $3.449B |
| YoY Change | -2.61% | -2.61% | -10.67% |
| 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 | $4.891B | $4.891B | $4.981B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $7.985B | $7.985B | $8.430B |
| YoY Change | 5.57% | 5.57% | 2.98% |
Cashflow Statement
| Concept | 2010 Q1 | 2010 | 2009 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $352.0M | $1.102B | $307.0M |
| YoY Change | 44.86% | 13.96% | 24.8% |
| Depreciation, Depletion And Amortization | $164.0M | $655.0M | $168.0M |
| YoY Change | -1.8% | 0.31% | 3.07% |
| Cash From Operating Activities | $776.0M | $1.928B | $432.0M |
| YoY Change | 34.26% | 36.54% | 58.82% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$113.0M | -$334.0M | -$90.00M |
| YoY Change | -2.59% | -22.51% | -15.89% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $3.000M | -$203.0M | -$124.0M |
| YoY Change | -95.77% | -715.15% | -14.48% |
| Cash From Investing Activities | -$110.0M | -$537.0M | -$214.0M |
| YoY Change | 144.44% | 34.92% | -15.08% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -487.0M | -771.0M | -81.00M |
| YoY Change | 60.2% | -23.28% | -35.2% |
| NET CHANGE | |||
| Cash From Operating Activities | 776.0M | 1.928B | 432.0M |
| Cash From Investing Activities | -110.0M | -537.0M | -214.0M |
| Cash From Financing Activities | -487.0M | -771.0M | -81.00M |
| Net Change In Cash | 179.0M | 620.0M | 137.0M |
| YoY Change | -21.83% | 6788.89% | -230.48% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $776.0M | $1.928B | $432.0M |
| Capital Expenditures | -$113.0M | -$334.0M | -$90.00M |
| Free Cash Flow | $889.0M | $2.262B | $522.0M |
| YoY Change | 28.1% | 22.73% | 37.73% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2009Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.44 | |
| CY2010Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.51 | |
| CY2010Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.45 | |
| CY2011 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.89 | |
| CY2010Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.36 | |
| CY2010Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.49 | |
| CY2011Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.60 | |
| CY2009Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.31 | |
| CY2010 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.58 | |
| CY2009Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.33 | |
| CY2009Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.44 | |
| CY2010Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.51 | |
| CY2010Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.45 | |
| CY2011 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.88 | |
| CY2010Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.36 | |
| CY2010Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.48 | |
| CY2011Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.60 | |
| CY2011Q1 | us-gaap |
Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
|
50000000 | |
| CY2009Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.31 | |
| CY2010 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.59 | |
| CY2009Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.33 |
