2017 Q2 Form 10-Q Financial Statement

#000004392017000023 Filed on June 08, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $887.4M $839.6M
YoY Change 5.69% -8.33%
Cost Of Revenue $705.5M $665.9M
YoY Change 5.95% -9.38%
Gross Profit $181.9M $173.7M
YoY Change 4.72% -4.09%
Gross Profit Margin 20.5% 20.69%
Selling, General & Admin $97.00M $94.50M
YoY Change 2.65% -12.9%
% of Gross Profit 53.33% 54.4%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $31.00M $32.00M
YoY Change -3.13% -7.78%
% of Gross Profit 17.04% 18.42%
Operating Expenses $97.00M $94.50M
YoY Change 2.65% -12.9%
Operating Profit $81.50M $82.80M
YoY Change -1.57% 62.04%
Interest Expense -$14.30M -$19.90M
YoY Change -28.14% 9.34%
% of Operating Profit -17.55% -24.03%
Other Income/Expense, Net -$3.200M -$1.700M
YoY Change 88.24% -32.0%
Pretax Income $62.90M $61.20M
YoY Change 2.78% 101.32%
Income Tax $23.00M $28.70M
% Of Pretax Income 36.57% 46.9%
Net Earnings $36.00M $31.40M
YoY Change 14.65% 50.96%
Net Earnings / Revenue 4.06% 3.74%
Basic Earnings Per Share
Diluted Earnings Per Share $753.1K $655.5K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $87.00M $89.60M
YoY Change -2.9% 32.94%
Cash & Equivalents $87.00M $89.60M
Short-Term Investments
Other Short-Term Assets $132.3M $134.1M
YoY Change -1.34% 1.21%
Inventory $330.6M $290.3M
Prepaid Expenses
Receivables $428.8M $404.8M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.066B $928.1M
YoY Change 14.82% -13.31%
LONG-TERM ASSETS
Property, Plant & Equipment $1.141B $1.198B
YoY Change -4.72% -2.86%
Goodwill $751.2M $798.8M
YoY Change -5.96% -1.79%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $93.60M $92.50M
YoY Change 1.19% 11.99%
Total Long-Term Assets $2.160B $2.279B
YoY Change -5.22% -3.03%
TOTAL ASSETS
Total Short-Term Assets $1.066B $928.1M
Total Long-Term Assets $2.160B $2.279B
Total Assets $3.226B $3.207B
YoY Change 0.58% -6.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $369.3M $326.0M
YoY Change 13.28% -8.81%
Accrued Expenses $79.40M $72.40M
YoY Change 9.67% -6.34%
Deferred Revenue
YoY Change
Short-Term Debt $35.50M $59.40M
YoY Change -40.24% -5.86%
Long-Term Debt Due $15.00M $317.7M
YoY Change -95.28% 1131.4%
Total Short-Term Liabilities $660.4M $908.7M
YoY Change -27.32% 27.93%
LONG-TERM LIABILITIES
Long-Term Debt $1.034B $777.0M
YoY Change 33.02% -31.07%
Other Long-Term Liabilities $83.60M $82.70M
YoY Change 1.09% 27.43%
Total Long-Term Liabilities $1.546B $1.263B
YoY Change 22.41% -21.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $660.4M $908.7M
Total Long-Term Liabilities $1.546B $1.263B
Total Liabilities $2.206B $2.171B
YoY Change 1.6% -6.29%
SHAREHOLDERS EQUITY
Retained Earnings $1.332B $1.335B
YoY Change -0.2% -5.53%
Common Stock $144.0M $141.1M
YoY Change 2.06% 1.66%
Preferred Stock
YoY Change
Treasury Stock (at cost) $135.5M $135.6M
YoY Change -0.07% 3.83%
Treasury Stock Shares
Shareholders Equity $980.0M $982.2M
YoY Change
Total Liabilities & Shareholders Equity $3.226B $3.207B
YoY Change 0.58% -6.24%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income $36.00M $31.40M
YoY Change 14.65% 50.96%
Depreciation, Depletion And Amortization $31.00M $32.00M
YoY Change -3.13% -7.78%
Cash From Operating Activities $59.60M $83.90M
YoY Change -28.96% 151.2%
INVESTING ACTIVITIES
Capital Expenditures -$21.70M -$22.10M
YoY Change -1.81% -27.78%
Acquisitions
YoY Change
Other Investing Activities $6.000M $31.50M
YoY Change -80.95% 148.03%
Cash From Investing Activities -$15.70M $9.400M
YoY Change -267.02% -152.51%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -65.80M -74.10M
YoY Change -11.2% 3428.57%
NET CHANGE
Cash From Operating Activities 59.60M 83.90M
Cash From Investing Activities -15.70M 9.400M
Cash From Financing Activities -65.80M -74.10M
Net Change In Cash -21.90M 19.20M
YoY Change -214.06% 43.28%
FREE CASH FLOW
Cash From Operating Activities $59.60M $83.90M
Capital Expenditures -$21.70M -$22.10M
Free Cash Flow $81.30M $106.0M
YoY Change -23.3% 65.62%

Facts In Submission

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