2015 Q2 Form 10-Q Financial Statement

#000032033515000035 Filed on August 07, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q2
Revenue $950.6M $898.3M
YoY Change 5.82% -5.47%
Cost Of Revenue $508.3M $473.0M
YoY Change 7.46% -9.82%
Gross Profit $194.1M $425.3M
YoY Change -54.36% -0.12%
Gross Profit Margin 20.42% 47.35%
Selling, General & Admin $55.60M $56.60M
YoY Change -1.77% 2.35%
% of Gross Profit 28.64% 13.31%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $111.7M $103.9M
YoY Change 7.56% 1.37%
% of Gross Profit 57.56% 24.43%
Operating Expenses $734.8M $778.4M
YoY Change -5.6% 5.66%
Operating Profit $194.1M -$353.1M
YoY Change -154.98% 13.58%
Interest Expense $19.11M $19.04M
YoY Change 0.4% -8.6%
% of Operating Profit 9.85%
Other Income/Expense, Net $0.00
YoY Change
Pretax Income $196.7M $191.9M
YoY Change 2.5% -0.45%
Income Tax $64.20M $62.89M
% Of Pretax Income 32.63% 32.77%
Net Earnings $127.1M $130.9M
YoY Change -2.91% -2.22%
Net Earnings / Revenue 13.37% 14.57%
Basic Earnings Per Share $1.01 $1.00
Diluted Earnings Per Share $1.00 $0.98
COMMON SHARES
Basic Shares Outstanding 125.8M shares 131.5M shares
Diluted Shares Outstanding 127.4M shares 133.3M shares

Balance Sheet

Concept 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $628.0M $425.0M
YoY Change 47.76% 9.25%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $441.6M $441.6M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $14.64B $14.65B
YoY Change -0.03% 9.18%
Other Assets
YoY Change
Total Long-Term Assets $19.39B $19.23B
YoY Change 0.86% 8.31%
TOTAL ASSETS
Total Short-Term Assets $628.0M $425.0M
Total Long-Term Assets $19.39B $19.23B
Total Assets $20.02B $19.65B
YoY Change 1.88% 8.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $636.9M $274.9M
YoY Change 131.63% -21.2%
Long-Term Debt Due $637.0M $275.0M
YoY Change 131.64% -21.2%
Total Short-Term Liabilities $2.202B $1.923B
YoY Change 14.51% 16.62%
LONG-TERM LIABILITIES
Long-Term Debt $743.0M $991.0M
YoY Change -25.03% 0.07%
Other Long-Term Liabilities $361.0M $322.0M
YoY Change 12.11% 3.87%
Total Long-Term Liabilities $1.104B $1.313B
YoY Change -15.92% 32.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.202B $1.923B
Total Long-Term Liabilities $1.104B $1.313B
Total Liabilities $15.71B $15.14B
YoY Change 3.78% 5.75%
SHAREHOLDERS EQUITY
Retained Earnings $3.569B $3.329B
YoY Change 7.19% -7.86%
Common Stock $134.2M $139.2M
YoY Change -3.59% 31.57%
Preferred Stock
YoY Change
Treasury Stock (at cost) $429.0M $298.4M
YoY Change 43.77% -56.82%
Treasury Stock Shares 8.977M shares 8.186M shares
Shareholders Equity $4.306B $4.509B
YoY Change
Total Liabilities & Shareholders Equity $20.02B $19.65B
YoY Change 1.88% 8.33%

Cashflow Statement

Concept 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income $127.1M $130.9M
YoY Change -2.91% -2.22%
Depreciation, Depletion And Amortization $111.7M $103.9M
YoY Change 7.56% 1.37%
Cash From Operating Activities $174.4M $144.5M
YoY Change 20.69% -28.54%
INVESTING ACTIVITIES
Capital Expenditures -$7.800M -$4.900M
YoY Change 59.18% 276.92%
Acquisitions
YoY Change
Other Investing Activities -$104.5M -$21.40M
YoY Change 388.32% -54.76%
Cash From Investing Activities -$112.3M -$26.40M
YoY Change 325.38% -45.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.100M -107.5M
YoY Change -98.98% -19.72%
NET CHANGE
Cash From Operating Activities 174.4M 144.5M
Cash From Investing Activities -112.3M -26.40M
Cash From Financing Activities -1.100M -107.5M
Net Change In Cash 61.00M 10.60M
YoY Change 475.47% -45.64%
FREE CASH FLOW
Cash From Operating Activities $174.4M $144.5M
Capital Expenditures -$7.800M -$4.900M
Free Cash Flow $182.2M $149.4M
YoY Change 21.95% -26.58%

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PaymentsToAcquireInvestments
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us-gaap Policyholder Benefits And Claims Incurred Net
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PolicyholderBenefitsAndClaimsIncurredOther
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PreferredStockSharesOutstanding
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us-gaap Premiums Earned Net Accident And Health
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ProceedsFromRepaymentsOfShortTermDebt
45874000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
148970000 USD
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
23000 USD
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
431000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
136311000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
228707000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
28194000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
14287000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
700000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
0 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
19000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
35015000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
21507000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
17196000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
2732000 USD
CY2014Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
208000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
10784000 USD
CY2015Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-374000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-1575000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3376846000 USD
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3568715000 USD
CY2014Q2 us-gaap Revenues
Revenues
991036000 USD
us-gaap Revenues
Revenues
2015207000 USD
CY2015Q2 us-gaap Revenues
Revenues
1033694000 USD
us-gaap Revenues
Revenues
2056226000 USD
CY2014Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
238398000 USD
CY2015Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
636862000 USD
CY2014Q4 us-gaap Short Term Investments
ShortTermInvestments
15882000 USD
CY2015Q2 us-gaap Short Term Investments
ShortTermInvestments
28695000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
4697466000 USD
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
4306056000 USD
CY2014Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
6287907 shares
CY2015Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
8976671 shares
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
268663000 USD
CY2015Q2 us-gaap Treasury Stock Value
TreasuryStockValue
428987000 USD
CY2014Q4 us-gaap Unearned Premiums
UnearnedPremiums
72275000 USD
CY2015Q2 us-gaap Unearned Premiums
UnearnedPremiums
76978000 USD
CY2014Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1823640 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1856496 shares
CY2015Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1622698 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1553309 shares
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
133314822 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
134179200 shares
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
127439641 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
128018729 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
131491182 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
132322704 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
125816943 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
126465420 shares

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tmk-20150630.xml Edgar Link completed
tmk-20150630.xsd Edgar Link pending
tmk-20150630_cal.xml Edgar Link unprocessable
tmk-20150630_def.xml Edgar Link unprocessable
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tmk-20150630_pre.xml Edgar Link unprocessable
tmk2015q210-q.htm Edgar Link pending
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tmk2015q2exhibit11.htm Edgar Link pending
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