2020 Q3 Form 10-Q Financial Statement

#000004392020000059 Filed on August 28, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q4 2019 Q3
Revenue $1.083B $1.232B $1.253B
YoY Change -13.54% 24.74% 23.76%
Cost Of Revenue $863.3M $973.1M $973.2M
YoY Change -11.29% 24.29% 22.42%
Gross Profit $219.7M $259.0M $279.4M
YoY Change -21.37% 26.46% 28.7%
Gross Profit Margin 20.29% 21.02% 22.31%
Selling, General & Admin $120.4M $130.4M $138.9M
YoY Change -13.32% 42.51% 39.74%
% of Gross Profit 54.8% 50.35% 49.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $59.90M $59.30M $60.00M
YoY Change -0.17% 95.07% 85.19%
% of Gross Profit 27.26% 22.9% 21.47%
Operating Expenses $120.4M $130.4M $138.9M
YoY Change -13.32% 42.51% 39.74%
Operating Profit $61.90M $128.6M $125.6M
YoY Change -50.72% 13.5% 10.18%
Interest Expense -$29.80M -$31.90M -$34.50M
YoY Change -13.62% 114.09% 185.12%
% of Operating Profit -48.14% -24.81% -27.47%
Other Income/Expense, Net -$1.100M -$2.100M $1.100M
YoY Change -200.0% 90.91% -122.92%
Pretax Income $31.00M $81.70M $92.10M
YoY Change -66.34% -5.44% -4.76%
Income Tax $6.900M $12.40M $26.80M
% Of Pretax Income 22.26% 15.18% 29.1%
Net Earnings $20.70M $65.00M $62.70M
YoY Change -66.99% 62.09% -7.39%
Net Earnings / Revenue 1.91% 5.28% 5.01%
Basic Earnings Per Share
Diluted Earnings Per Share $427.7K $1.349M $1.298M
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q3 2019 Q4 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $98.50M $77.30M $75.80M
YoY Change 29.95% -17.94% -24.88%
Cash & Equivalents $98.50M $77.30M $75.80M
Short-Term Investments
Other Short-Term Assets $127.9M $101.2M $79.20M
YoY Change 61.49% 9.88% -36.64%
Inventory $349.6M $358.2M $413.5M
Prepaid Expenses $49.00M $44.00M $50.20M
Receivables $624.5M $664.2M $720.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.306B $1.249B $1.342B
YoY Change -2.68% 27.88% 24.8%
LONG-TERM ASSETS
Property, Plant & Equipment $1.589B $1.690B $1.678B
YoY Change -5.32% 41.82% 42.01%
Goodwill $1.505B $1.518B $1.562B
YoY Change -3.62% 95.59% 98.84%
Intangibles $726.2M $776.5M $794.3M
YoY Change -8.57% 863.4% 831.18%
Long-Term Investments
YoY Change
Other Assets $97.10M $90.90M $98.10M
YoY Change -1.02% -9.46% 0.1%
Total Long-Term Assets $4.288B $5.900M $4.211B
YoY Change 1.84% -44.86% 89.31%
TOTAL ASSETS
Total Short-Term Assets $1.306B $1.249B $1.342B
Total Long-Term Assets $4.288B $5.900M $4.211B
Total Assets $5.594B $5.427B $5.552B
YoY Change 0.75% 69.86% 68.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $436.0M $435.2M $458.5M
YoY Change -4.91% 7.78% 11.94%
Accrued Expenses $139.5M $142.4M $125.9M
YoY Change 10.8% 24.48% 13.53%
Deferred Revenue
YoY Change
Short-Term Debt $2.600M $9.200M $8.800M
YoY Change -70.45% 26.03% 60.0%
Long-Term Debt Due $99.70M $83.70M $83.70M
YoY Change 19.12% 345.21% 458.0%
Total Short-Term Liabilities $914.9M $825.4M $837.0M
YoY Change 9.31% 23.16% 23.05%
LONG-TERM LIABILITIES
Long-Term Debt $2.535B $2.659B $2.786B
YoY Change -9.0% 200.76% 173.11%
Other Long-Term Liabilities $160.0M $128.9M $123.8M
YoY Change 29.24% 66.32% 72.66%
Total Long-Term Liabilities $3.469B $3.389B $3.517B
YoY Change -1.36% 153.87% 146.45%
TOTAL LIABILITIES
Total Short-Term Liabilities $914.9M $825.4M $837.0M
Total Long-Term Liabilities $3.469B $3.389B $3.517B
Total Liabilities $4.384B $4.214B $4.354B
YoY Change 0.69% 110.18% 106.62%
SHAREHOLDERS EQUITY
Retained Earnings $1.527B $1.539B $1.499B
YoY Change 1.89% 4.71% 3.12%
Common Stock $169.7M $162.6M $162.6M
YoY Change 4.37% 8.04% 8.04%
Preferred Stock
YoY Change
Treasury Stock (at cost) $134.4M $134.8M $134.8M
YoY Change -0.3% -0.44% -0.44%
Treasury Stock Shares
Shareholders Equity $1.141B $1.133B
YoY Change
Total Liabilities & Shareholders Equity $5.594B $5.427B $5.552B
YoY Change 0.75% 69.86% 68.29%

Cashflow Statement

Concept 2020 Q3 2019 Q4 2019 Q3
OPERATING ACTIVITIES
Net Income $20.70M $65.00M $62.70M
YoY Change -66.99% 62.09% -7.39%
Depreciation, Depletion And Amortization $59.90M $59.30M $60.00M
YoY Change -0.17% 95.07% 85.19%
Cash From Operating Activities $135.0M $195.4M $141.5M
YoY Change -4.59% -0.91% 175.83%
INVESTING ACTIVITIES
Capital Expenditures -$34.60M -$54.30M -$42.00M
YoY Change -17.62% 7.52% 12.3%
Acquisitions
YoY Change
Other Investing Activities $7.000M $12.90M -$22.80M
YoY Change -130.7% 1190.0% -860.0%
Cash From Investing Activities -$27.60M -$41.40M -$64.80M
YoY Change -57.41% -16.36% 88.37%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -103.2M -151.9M -91.40M
YoY Change 12.91% 1.74% 331.13%
NET CHANGE
Cash From Operating Activities 135.0M 195.4M 141.5M
Cash From Investing Activities -27.60M -41.40M -64.80M
Cash From Financing Activities -103.2M -151.9M -91.40M
Net Change In Cash 4.200M 2.100M -14.70M
YoY Change -128.57% -231.25% 241.86%
FREE CASH FLOW
Cash From Operating Activities $135.0M $195.4M $141.5M
Capital Expenditures -$34.60M -$54.30M -$42.00M
Free Cash Flow $169.6M $249.7M $183.5M
YoY Change -7.57% 0.81% 106.88%

Facts In Submission

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8400000 USD
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0 USD
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1800000 USD
gef Interest Income Of Purchaser Under Real Estate Sale Agreement
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1800000 USD
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2800000 USD
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1500000 USD
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us-gaap Asset Impairment Charges
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us-gaap Impairment Of Long Lived Assets Held For Use
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