2021 Q1 Form 10-Q Financial Statement

#000102232121000037 Filed on May 05, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $521.2M $539.9M
YoY Change -3.46% -12.92%
Cost Of Revenue $415.2M $398.1M
YoY Change 4.3% -13.96%
Gross Profit $106.0M $141.8M
YoY Change -25.25% -9.85%
Gross Profit Margin 20.34% 26.26%
Selling, General & Admin $11.60M $9.400M
YoY Change 23.4% -18.97%
% of Gross Profit 10.94% 6.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $66.29M $74.36M
YoY Change -10.85% -4.23%
% of Gross Profit 62.53% 52.44%
Operating Expenses $77.90M $83.80M
YoY Change -7.04% -6.16%
Operating Profit $28.02M $59.16M
YoY Change -52.64% -4.62%
Interest Expense -$37.20M -$7.200M
YoY Change 416.67% -86.05%
% of Operating Profit -132.76% -12.17%
Other Income/Expense, Net -$20.07M $10.26M
YoY Change -295.6% -444.69%
Pretax Income -$29.21M $28.61M
YoY Change -202.09% 75.02%
Income Tax $222.0K -$365.0K
% Of Pretax Income -1.28%
Net Earnings -$34.22M $24.91M
YoY Change -237.4% 56.13%
Net Earnings / Revenue -6.57% 4.61%
Basic Earnings Per Share -$0.43
Diluted Earnings Per Share -$0.43 $203.1K
COMMON SHARES
Basic Shares Outstanding 122.6M shares
Diluted Shares Outstanding 122.6M shares

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $18.40M $18.10M
YoY Change 1.66% 61.61%
Cash & Equivalents $18.45M $18.14M
Short-Term Investments
Other Short-Term Assets $64.00M $69.57M
YoY Change -8.0% 68.32%
Inventory $72.43M $70.16M
Prepaid Expenses
Receivables $473.9M $315.6M
Other Receivables $0.00 $0.00
Total Short-Term Assets $644.1M $496.9M
YoY Change 29.64% 12.91%
LONG-TERM ASSETS
Property, Plant & Equipment $3.825B $4.256B
YoY Change -10.13% -2.78%
Goodwill $302.0M $302.0M
YoY Change 0.0% 0.0%
Intangibles $127.8M $136.1M
YoY Change -6.04% -9.58%
Long-Term Investments $310.0M $327.9M
YoY Change -5.46% -6.37%
Other Assets $39.14M $79.11M
YoY Change -50.53% -33.57%
Total Long-Term Assets $5.305B $5.938B
YoY Change -10.65% -3.84%
TOTAL ASSETS
Total Short-Term Assets $644.1M $496.9M
Total Long-Term Assets $5.305B $5.938B
Total Assets $5.950B $6.434B
YoY Change -7.54% -2.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $257.7M $151.9M
YoY Change 69.71% 5.01%
Accrued Expenses $196.4M $172.9M
YoY Change 13.55% -33.06%
Deferred Revenue $2.849M $2.983M
YoY Change -4.49%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $454.1M $324.8M
YoY Change 39.8% -19.4%
LONG-TERM LIABILITIES
Long-Term Debt $4.160B $3.441B
YoY Change 20.92% 1.01%
Other Long-Term Liabilities $410.2M $366.3M
YoY Change 11.99% -9.02%
Total Long-Term Liabilities $410.2M $3.807B
YoY Change -89.22% -0.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $454.1M $324.8M
Total Long-Term Liabilities $410.2M $3.807B
Total Liabilities $4.248B $4.144B
YoY Change 2.51% -1.91%
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 $748.8M $1.374B
YoY Change
Total Liabilities & Shareholders Equity $5.950B $6.434B
YoY Change -7.54% -2.73%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income -$34.22M $24.91M
YoY Change -237.4% 56.13%
Depreciation, Depletion And Amortization $66.29M $74.36M
YoY Change -10.85% -4.23%
Cash From Operating Activities $77.16M $89.55M
YoY Change -13.84% -21.46%
INVESTING ACTIVITIES
Capital Expenditures -$39.40M -$38.00M
YoY Change 3.68% 28.38%
Acquisitions
YoY Change
Other Investing Activities $9.300M $7.100M
YoY Change 30.99% 22.41%
Cash From Investing Activities -$30.05M -$30.88M
YoY Change -2.68% 29.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$40.34M -$73.57M
YoY Change -45.17% -17.61%
NET CHANGE
Cash From Operating Activities $77.16M $89.55M
Cash From Investing Activities -$30.05M -$30.88M
Cash From Financing Activities -$40.34M -$73.57M
Net Change In Cash $6.769M -$14.90M
YoY Change -145.44% -1747.79%
FREE CASH FLOW
Cash From Operating Activities $77.16M $89.55M
Capital Expenditures -$39.40M -$38.00M
Free Cash Flow $116.6M $127.6M
YoY Change -8.62% -11.19%

Facts In Submission

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CY2021Q1 gel Non Cash Expenses Revenues Not Included In Segment Margin
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CY2020Q1 gel Non Cash Expenses Revenues Not Included In Segment Margin
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CY2021Q1 gel Distribution From Unrestricted Subsidiaries Not Included In Income
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CY2020Q1 gel Distribution From Unrestricted Subsidiaries Not Included In Income
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CY2021Q1 us-gaap Gains Losses On Extinguishment Of Debt
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CY2021Q1 gel Differencesin Timingof Cash Receiptsfor Certain Contractual Arrangement
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CY2020Q1 gel Differencesin Timingof Cash Receiptsfor Certain Contractual Arrangement
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CY2021Q1 gel Writeoffof Amortizationof Leased Assets Sublease Incomeand Other Adjustments
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CY2021Q1 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
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CY2020Q1 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
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CY2021Q1 us-gaap Net Income Loss
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CY2021Q1 us-gaap Interest Paid
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CY2021Q1 us-gaap Margin Deposit Assets
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CY2020Q4 us-gaap Receivables From Brokers Dealers And Clearing Organizations
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CY2020Q4 us-gaap Margin Deposit Assets
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CY2021Q1 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
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CY2021Q1 us-gaap Long Term Debt Fair Value
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CY2020Q4 us-gaap Long Term Debt Fair Value
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2700000000 USD

Files In Submission

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0001022321-21-000037-index-headers.html Edgar Link pending
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0001022321-21-000037.txt Edgar Link pending
0001022321-21-000037-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
gel-20210331.htm Edgar Link pending
gel-20210331.xsd Edgar Link pending
gel-20210331_cal.xml Edgar Link unprocessable
gel-20210331_def.xml Edgar Link unprocessable
gel-20210331_htm.xml Edgar Link completed
gel-20210331_lab.xml Edgar Link unprocessable
gel-20210331_pre.xml Edgar Link unprocessable
gel03312021exhibit101.htm Edgar Link pending
gel03312021exhibit32.htm Edgar Link pending
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