2019 Q2 Form 10-Q Financial Statement

#000004392019000034 Filed on June 07, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2
Revenue $1.213B $968.3M
YoY Change 25.3% 9.12%
Cost Of Revenue $964.6M $773.0M
YoY Change 24.79% 9.57%
Gross Profit $248.7M $195.3M
YoY Change 27.34% 7.37%
Gross Profit Margin 20.5% 20.17%
Selling, General & Admin $140.0M $102.7M
YoY Change 36.32% 5.88%
% of Gross Profit 56.29% 52.59%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $55.50M $32.40M
YoY Change 71.3% 4.52%
% of Gross Profit 22.32% 16.59%
Operating Expenses $140.0M $102.7M
YoY Change 36.32% 5.88%
Operating Profit $90.60M $87.70M
YoY Change 3.31% 7.61%
Interest Expense -$33.90M -$13.00M
YoY Change 160.77% -9.09%
% of Operating Profit -37.42% -14.82%
Other Income/Expense, Net -$2.300M -$2.500M
YoY Change -8.0% -21.88%
Pretax Income $32.50M $72.20M
YoY Change -54.99% 14.79%
Income Tax $11.50M $21.10M
% Of Pretax Income 35.38% 29.22%
Net Earnings $13.60M $45.10M
YoY Change -69.84% 25.28%
Net Earnings / Revenue 1.12% 4.66%
Basic Earnings Per Share
Diluted Earnings Per Share $281.6K $941.5K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $89.80M $108.2M
YoY Change -17.01% 24.37%
Cash & Equivalents $89.80M $108.2M
Short-Term Investments
Other Short-Term Assets $80.00M $111.5M
YoY Change -28.25% -15.72%
Inventory $421.5M $352.9M
Prepaid Expenses $51.70M $50.00M
Receivables $704.8M $463.4M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.353B $1.089B
YoY Change 24.3% 2.16%
LONG-TERM ASSETS
Property, Plant & Equipment $1.685B $1.190B
YoY Change 41.64% 4.25%
Goodwill $1.523B $798.3M
YoY Change 90.73% 6.27%
Intangibles $778.8M
YoY Change
Long-Term Investments
YoY Change
Other Assets $93.90M $102.6M
YoY Change -8.48% 9.62%
Total Long-Term Assets $4.157B $2.258B
YoY Change 84.1% 4.54%
TOTAL ASSETS
Total Short-Term Assets $1.353B $1.089B
Total Long-Term Assets $4.157B $2.258B
Total Assets $5.510B $3.347B
YoY Change 64.65% 3.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $473.8M $395.7M
YoY Change 19.74% 7.15%
Accrued Expenses $107.5M $95.50M
YoY Change 12.57% 20.28%
Deferred Revenue
YoY Change
Short-Term Debt $6.900M $8.800M
YoY Change -21.59% -75.21%
Long-Term Debt Due $83.80M $15.00M
YoY Change 458.67% 0.0%
Total Short-Term Liabilities $809.4M $667.1M
YoY Change 21.33% 1.01%
LONG-TERM LIABILITIES
Long-Term Debt $2.852B $1.021B
YoY Change 179.45% -1.27%
Other Long-Term Liabilities $86.50M $77.50M
YoY Change 11.61% -7.3%
Total Long-Term Liabilities $3.540B $1.517B
YoY Change 133.44% -1.88%
TOTAL LIABILITIES
Total Short-Term Liabilities $809.4M $667.1M
Total Long-Term Liabilities $3.540B $1.517B
Total Liabilities $4.350B $2.184B
YoY Change 99.19% -1.01%
SHAREHOLDERS EQUITY
Retained Earnings $1.460B $1.410B
YoY Change 3.53% 5.87%
Common Stock $162.6M $150.3M
YoY Change 8.18% 4.38%
Preferred Stock
YoY Change
Treasury Stock (at cost) $134.8M $135.4M
YoY Change -0.44% -0.07%
Treasury Stock Shares
Shareholders Equity $1.087B
YoY Change
Total Liabilities & Shareholders Equity $5.510B $3.347B
YoY Change 64.65% 3.75%

Cashflow Statement

Concept 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income $13.60M $45.10M
YoY Change -69.84% 25.28%
Depreciation, Depletion And Amortization $55.50M $32.40M
YoY Change 71.3% 4.52%
Cash From Operating Activities $62.60M $58.20M
YoY Change 7.56% -2.35%
INVESTING ACTIVITIES
Capital Expenditures -$39.00M -$30.60M
YoY Change 27.45% 41.01%
Acquisitions
YoY Change
Other Investing Activities -$1.820B $2.500M
YoY Change -72888.0% -58.33%
Cash From Investing Activities -$1.859B -$28.10M
YoY Change 6514.59% 78.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.804B -12.30M
YoY Change -14765.04% -81.31%
NET CHANGE
Cash From Operating Activities 62.60M 58.20M
Cash From Investing Activities -1.859B -28.10M
Cash From Financing Activities 1.804B -12.30M
Net Change In Cash 7.700M 17.80M
YoY Change -56.74% -181.28%
FREE CASH FLOW
Cash From Operating Activities $62.60M $58.20M
Capital Expenditures -$39.00M -$30.60M
Free Cash Flow $101.6M $88.80M
YoY Change 14.41% 9.23%

Facts In Submission

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