2016 Q3 Form 10-Q Financial Statement

#000004392016000007 Filed on September 02, 2016

View on sec.gov

Income Statement

Concept 2016 Q3 2015 Q3
Revenue $845.0M $930.0M
YoY Change -9.14% -17.26%
Cost Of Revenue $668.5M $763.2M
YoY Change -12.41% -15.79%
Gross Profit $176.5M $166.8M
YoY Change 5.82% -23.38%
Gross Profit Margin 20.89% 17.94%
Selling, General & Admin $92.60M $96.90M
YoY Change -4.44% -24.94%
% of Gross Profit 52.46% 58.09%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $31.50M $31.60M
YoY Change -0.32% -18.56%
% of Gross Profit 17.85% 18.94%
Operating Expenses $92.60M $96.90M
YoY Change -4.44% -24.94%
Operating Profit $71.60M $44.20M
YoY Change 61.99% -27.9%
Interest Expense -$19.80M -$18.40M
YoY Change 7.61% -11.11%
% of Operating Profit -27.65% -41.63%
Other Income/Expense, Net -$2.700M $1.600M
YoY Change -268.75% -200.0%
Pretax Income $49.10M $27.40M
YoY Change 79.2% -29.74%
Income Tax $3.500M $18.70M
% Of Pretax Income 7.13% 68.25%
Net Earnings $46.10M $8.600M
YoY Change 436.05% -37.23%
Net Earnings / Revenue 5.46% 0.92%
Basic Earnings Per Share
Diluted Earnings Per Share $964.4K $179.9K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q3 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $94.30M $101.7M
YoY Change -7.28% 56.46%
Cash & Equivalents $94.30M $101.7M
Short-Term Investments
Other Short-Term Assets $133.7M $129.8M
YoY Change 3.0% -9.86%
Inventory $288.5M $334.7M
Prepaid Expenses
Receivables $418.1M $461.9M
Other Receivables $0.00 $0.00
Total Short-Term Assets $946.3M $1.080B
YoY Change -12.38% -12.52%
LONG-TERM ASSETS
Property, Plant & Equipment $1.173B $1.233B
YoY Change -4.89% -9.91%
Goodwill $791.0M $810.3M
YoY Change -2.38% -16.33%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $92.00M $76.80M
YoY Change 19.79% -34.92%
Total Long-Term Assets $2.238B $2.335B
YoY Change -4.18% -14.04%
TOTAL ASSETS
Total Short-Term Assets $946.3M $1.080B
Total Long-Term Assets $2.238B $2.335B
Total Assets $3.184B $3.415B
YoY Change -6.78% -13.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $340.5M $357.4M
YoY Change -4.73% -20.26%
Accrued Expenses $90.20M $85.50M
YoY Change 5.5% -13.2%
Deferred Revenue
YoY Change
Short-Term Debt $55.20M $50.70M
YoY Change 8.88% -34.83%
Long-Term Debt Due $300.3M $24.10M
YoY Change 1146.06% 37.71%
Total Short-Term Liabilities $914.3M $696.4M
YoY Change 31.29% -19.94%
LONG-TERM LIABILITIES
Long-Term Debt $758.6M $1.155B
YoY Change -34.31% -6.02%
Other Long-Term Liabilities $82.40M $57.00M
YoY Change 44.56% -35.45%
Total Long-Term Liabilities $1.243B $1.626B
YoY Change -23.57% -4.19%
TOTAL LIABILITIES
Total Short-Term Liabilities $914.3M $696.4M
Total Long-Term Liabilities $1.243B $1.626B
Total Liabilities $2.157B $2.323B
YoY Change -7.12% -9.52%
SHAREHOLDERS EQUITY
Retained Earnings $1.355B $1.397B
YoY Change -2.98% -3.5%
Common Stock $141.4M $139.1M
YoY Change 1.65% 3.04%
Preferred Stock
YoY Change
Treasury Stock (at cost) $135.6M $130.6M
YoY Change 3.83% -0.08%
Treasury Stock Shares
Shareholders Equity $981.8M $1.049B
YoY Change
Total Liabilities & Shareholders Equity $3.184B $3.415B
YoY Change -6.78% -13.57%

Cashflow Statement

Concept 2016 Q3 2015 Q3
OPERATING ACTIVITIES
Net Income $46.10M $8.600M
YoY Change 436.05% -37.23%
Depreciation, Depletion And Amortization $31.50M $31.60M
YoY Change -0.32% -18.56%
Cash From Operating Activities $100.3M $99.90M
YoY Change 0.4% 32.67%
INVESTING ACTIVITIES
Capital Expenditures -$28.60M -$51.20M
YoY Change -44.14% -5.19%
Acquisitions
YoY Change
Other Investing Activities $7.300M $16.30M
YoY Change -55.21% -50.3%
Cash From Investing Activities -$21.30M -$34.90M
YoY Change -38.97% 64.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -70.00M -14.40M
YoY Change 386.11% -81.0%
NET CHANGE
Cash From Operating Activities 100.3M 99.90M
Cash From Investing Activities -21.30M -34.90M
Cash From Financing Activities -70.00M -14.40M
Net Change In Cash 9.000M 50.60M
YoY Change -82.21% -333.18%
FREE CASH FLOW
Cash From Operating Activities $100.3M $99.90M
Capital Expenditures -$28.60M -$51.20M
Free Cash Flow $128.9M $151.1M
YoY Change -14.69% 16.86%

Facts In Submission

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