2013 Q2 Form 10-Q Financial Statement
#000119312513312695 Filed on July 31, 2013
Income Statement
| Concept | 2013 Q2 | 2013 Q1 |
|---|---|---|
| Revenue | $1.709B | $1.748B |
| YoY Change | 2.46% | 3.99% |
| Cost Of Revenue | $300.0M | $308.0M |
| YoY Change | 5.63% | 7.32% |
| Gross Profit | $1.409B | $1.440B |
| YoY Change | 1.81% | 3.3% |
| Gross Profit Margin | 82.45% | 82.38% |
| Selling, General & Admin | $771.0M | $807.0M |
| YoY Change | -0.9% | -5.5% |
| % of Gross Profit | 54.72% | 56.04% |
| Research & Development | $262.0M | $267.0M |
| YoY Change | 5.22% | 10.79% |
| % of Gross Profit | 18.59% | 18.54% |
| Depreciation & Amortization | $156.0M | $157.0M |
| YoY Change | -2.5% | -7.1% |
| % of Gross Profit | 11.07% | 10.9% |
| Operating Expenses | $1.104B | $1.145B |
| YoY Change | 0.45% | -1.89% |
| Operating Profit | $305.0M | $295.0M |
| YoY Change | 7.02% | 29.96% |
| Interest Expense | -$22.00M | -$34.00M |
| YoY Change | -15.38% | -106.79% |
| % of Operating Profit | -7.21% | -11.53% |
| Other Income/Expense, Net | $18.00M | $12.00M |
| YoY Change | -400.0% | -700.0% |
| Pretax Income | $220.0M | $233.0M |
| YoY Change | 0.92% | -66.28% |
| Income Tax | $63.00M | $43.00M |
| % Of Pretax Income | 28.64% | 18.45% |
| Net Earnings | $157.0M | $190.0M |
| YoY Change | -1.88% | -66.01% |
| Net Earnings / Revenue | 9.19% | 10.87% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | $222.1K | $266.1K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 697.0M | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2013 Q2 | 2013 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $3.783B | $4.747B |
| YoY Change | -7.98% | 47.84% |
| Cash & Equivalents | $3.749B | $4.685B |
| Short-Term Investments | $34.00M | $62.00M |
| Other Short-Term Assets | $635.0M | $315.0M |
| YoY Change | 39.87% | 26.51% |
| Inventory | $17.00M | $24.00M |
| Prepaid Expenses | ||
| Receivables | $744.0M | $1.031B |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $5.179B | $6.416B |
| YoY Change | -0.77% | 38.48% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $1.102B | $1.122B |
| YoY Change | -0.36% | 2.0% |
| Goodwill | $5.841B | |
| YoY Change | 0.26% | |
| Intangibles | $977.0M | |
| YoY Change | -26.93% | |
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $139.0M | $123.0M |
| YoY Change | -4.14% | -0.81% |
| Total Long-Term Assets | $7.972B | $8.092B |
| YoY Change | -4.38% | -3.52% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $5.179B | $6.416B |
| Total Long-Term Assets | $7.972B | $8.092B |
| Total Assets | $13.15B | $14.51B |
| YoY Change | -2.99% | 11.43% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $274.0M | $334.0M |
| YoY Change | -15.95% | 3.09% |
| Accrued Expenses | $321.0M | $422.0M |
| YoY Change | 12.24% | 1.44% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $997.0M | |
| YoY Change | ||
| Total Short-Term Liabilities | $4.205B | $5.567B |
| YoY Change | -17.77% | 23.57% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $2.094B | $2.094B |
| YoY Change | 0.05% | 2.7% |
| Other Long-Term Liabilities | $912.0M | $60.00M |
| YoY Change | -6.94% | -36.17% |
| Total Long-Term Liabilities | $3.006B | $2.154B |
| YoY Change | -2.18% | 0.98% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $4.205B | $5.567B |
| Total Long-Term Liabilities | $3.006B | $2.154B |
| Total Liabilities | $7.654B | $8.986B |
| YoY Change | -10.52% | 14.5% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$2.046B | |
| YoY Change | -26.9% | |
| Common Stock | $7.000M | |
| YoY Change | 0.0% | |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $5.497B | $5.476B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $13.15B | $14.51B |
| YoY Change | -2.99% | 11.43% |
Cashflow Statement
| Concept | 2013 Q2 | 2013 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $157.0M | $190.0M |
| YoY Change | -1.88% | -66.01% |
| Depreciation, Depletion And Amortization | $156.0M | $157.0M |
| YoY Change | -2.5% | -7.1% |
| Cash From Operating Activities | $312.0M | $612.0M |
| YoY Change | -8.24% | -10.92% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$61.00M | -$91.00M |
| YoY Change | -22.78% | 4.6% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $32.00M | -$4.000M |
| YoY Change | -900.0% | -101.05% |
| Cash From Investing Activities | -$29.00M | -$95.00M |
| YoY Change | -65.06% | -132.42% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -1.192B | 24.00M |
| YoY Change | -274.01% | -114.12% |
| NET CHANGE | ||
| Cash From Operating Activities | 312.0M | 612.0M |
| Cash From Investing Activities | -29.00M | -95.00M |
| Cash From Financing Activities | -1.192B | 24.00M |
| Net Change In Cash | -909.0M | 541.0M |
| YoY Change | -196.5% | -33.21% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $312.0M | $612.0M |
| Capital Expenditures | -$61.00M | -$91.00M |
| Free Cash Flow | $373.0M | $703.0M |
| YoY Change | -10.98% | -9.17% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2013Q1 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
3496000000 | |
| CY2013Q1 | us-gaap |
Assets Current
AssetsCurrent
|
6416000000 | |
| CY2013Q1 | us-gaap |
Deferred Sales Commission
DeferredSalesCommission
|
29000000 | |
| CY2013Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
422000000 | |
| CY2013Q1 | us-gaap |
Goodwill
Goodwill
|
5841000000 | |
| CY2013Q1 | us-gaap |
Assets
Assets
|
14508000000 | |
| CY2013Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
318000000 | |
| CY2013Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
60000000 | |
| CY2013Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1122000000 | |
| CY2013Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
334000000 | |
| CY2013Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
199000000 | |
| CY2013Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
7313000000 | |
| CY2013Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
| CY2013Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
7000000 | |
| CY2013Q1 | us-gaap |
Convertible Debt Current
ConvertibleDebtCurrent
|
997000000 | |
| CY2013Q1 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
521000000 | |
| CY2013Q1 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
426000000 | |
| CY2013Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
977000000 | |
| CY2013Q1 | us-gaap |
Liabilities
Liabilities
|
8986000000 | |
| CY2013Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
5567000000 | |
| CY2013Q1 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
318000000 | |
| CY2013Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2094000000 | |
| CY2013Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
315000000 | |
| CY2013Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-1997000000 | |
| CY2013Q1 | us-gaap |
Other Deferred Costs Net
OtherDeferredCostsNet
|
130000000 | |
| CY2013Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
123000000 | |
| CY2013Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
697000000 |
