2021 Q1 Form 10-Q Financial Statement
#000119312521151795 Filed on May 05, 2021
Income Statement
| Concept | 2021 Q1 | 2020 Q1 |
|---|---|---|
| Revenue | $1.985B | $1.809B |
| YoY Change | 9.73% | -17.92% |
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $275.0M | $237.0M |
| YoY Change | 16.03% | -5.58% |
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $77.00M | $116.0M |
| YoY Change | -33.62% | 27.47% |
| % of Gross Profit | ||
| Operating Expenses | $1.701B | $1.823B |
| YoY Change | -6.69% | 626.29% |
| Operating Profit | ||
| YoY Change | ||
| Interest Expense | -$51.00M | -$51.00M |
| YoY Change | 0.0% | -170.83% |
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $233.0M | -$65.00M |
| YoY Change | -458.46% | -119.01% |
| Income Tax | $59.00M | -$5.000M |
| % Of Pretax Income | 25.32% | |
| Net Earnings | $187.0M | -$72.00M |
| YoY Change | -359.72% | -141.38% |
| Net Earnings / Revenue | 9.42% | -3.98% |
| Basic Earnings Per Share | $0.37 | -$0.13 |
| Diluted Earnings Per Share | $0.37 | -$0.13 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 506.0M | |
| Diluted Shares Outstanding | 513.8M | 504.3M |
Balance Sheet
| Concept | 2021 Q1 | 2020 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | ||
| YoY Change | ||
| Cash & Equivalents | $1.964B | $2.483B |
| Short-Term Investments | ||
| Other Short-Term Assets | ||
| YoY Change | ||
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | ||
| YoY Change | ||
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | ||
| YoY Change | ||
| Goodwill | ||
| YoY Change | ||
| Intangibles | $271.0M | |
| YoY Change | ||
| Long-Term Investments | $70.96B | $69.57B |
| YoY Change | 2.0% | -3.37% |
| Other Assets | $314.0M | $319.0M |
| YoY Change | -1.57% | -44.33% |
| Total Long-Term Assets | ||
| YoY Change | ||
| TOTAL ASSETS | ||
| Total Short-Term Assets | ||
| Total Long-Term Assets | ||
| Total Assets | $98.56B | $98.84B |
| YoY Change | -0.29% | -3.27% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | ||
| YoY Change | ||
| Accrued Expenses | ||
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | ||
| YoY Change | ||
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $2.922B | $2.851B |
| YoY Change | 2.49% | -34.4% |
| Other Long-Term Liabilities | $2.070B | $2.811B |
| YoY Change | -26.36% | 19.62% |
| Total Long-Term Liabilities | $4.992B | $5.662B |
| YoY Change | -11.83% | -15.44% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | ||
| Total Long-Term Liabilities | $4.992B | $5.662B |
| Total Liabilities | $83.80B | $84.40B |
| YoY Change | -0.71% | -3.33% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$569.0M | |
| YoY Change | ||
| Common Stock | $12.01B | |
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | $2.700B | |
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $14.76B | $14.45B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $98.56B | $98.84B |
| YoY Change | -0.29% | -3.27% |
Cashflow Statement
| Concept | 2021 Q1 | 2020 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $187.0M | -$72.00M |
| YoY Change | -359.72% | -141.38% |
| Depreciation, Depletion And Amortization | $77.00M | $116.0M |
| YoY Change | -33.62% | 27.47% |
| Cash From Operating Activities | -$247.0M | $680.0M |
| YoY Change | -136.32% | 407.46% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | ||
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $335.0M | -$551.0M |
| YoY Change | -160.8% | 3141.18% |
| Cash From Investing Activities | $335.0M | -$551.0M |
| YoY Change | -160.8% | -298.92% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -780.0M | -957.0M |
| YoY Change | -18.5% | 155.2% |
| NET CHANGE | ||
| Cash From Operating Activities | -247.0M | 680.0M |
| Cash From Investing Activities | 335.0M | -551.0M |
| Cash From Financing Activities | -780.0M | -957.0M |
| Net Change In Cash | -692.0M | -828.0M |
| YoY Change | -16.43% | -1981.82% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$247.0M | $680.0M |
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
|
29000000 | |
| CY2020Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
504300000 | |
| CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
513800000 | |
| CY2021Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.37 | |
| CY2020Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.13 | |
| CY2021Q1 | gnw |
Realized Losses Change In Intent
RealizedLossesChangeInIntent
|
1000000 | |
| CY2020Q1 | gnw |
Realized Losses Change In Intent
RealizedLossesChangeInIntent
|
0 | |
| CY2021Q1 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
8000000 | |
| CY2020Q1 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-48000000 | |
| CY2021Q1 | us-gaap |
Aoci Debt Securities Available For Sale Without Allowance For Credit Loss Cumulative Gain Loss After Tax
AociDebtSecuritiesAvailableForSaleWithoutAllowanceForCreditLossCumulativeGainLossAfterTax
|
6769000000 | |
| CY2020Q4 | us-gaap |
Aoci Debt Securities Available For Sale Without Allowance For Credit Loss Cumulative Gain Loss After Tax
AociDebtSecuritiesAvailableForSaleWithoutAllowanceForCreditLossCumulativeGainLossAfterTax
|
10159000000 | |
| CY2021Q1 | us-gaap |
Aoci Debt Securities Available For Sale With Allowance For Credit Loss Cumulative Gain Loss After Tax
AociDebtSecuritiesAvailableForSaleWithAllowanceForCreditLossCumulativeGainLossAfterTax
|
-5000000 | |
| CY2020Q4 | us-gaap |
Aoci Debt Securities Available For Sale With Allowance For Credit Loss Cumulative Gain Loss After Tax
AociDebtSecuritiesAvailableForSaleWithAllowanceForCreditLossCumulativeGainLossAfterTax
|
-7000000 | |
| CY2021Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
|
98000000 | |
| CY2020Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
|
150000000 | |
| CY2020Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
|
199000000 | |
| CY2021Q1 | gnw |
Effective Income Tax Rate Reconciliation Swaps Terminated Prior To Tax Cuts And Jobs Act
EffectiveIncomeTaxRateReconciliationSwapsTerminatedPriorToTaxCutsAndJobsAct
|
0.041 | |
| CY2020Q1 | gnw |
Effective Income Tax Rate Reconciliation Swaps Terminated Prior To Tax Cuts And Jobs Act
EffectiveIncomeTaxRateReconciliationSwapsTerminatedPriorToTaxCutsAndJobsAct
|
-0.084 | |
| CY2021Q1 | gnw |
Gain Loss On Sale Of Investments Net Of Adjustments
GainLossOnSaleOfInvestmentsNetOfAdjustments
|
33000000 | |
| CY2020Q1 | gnw |
Gain Loss On Sale Of Investments Net Of Adjustments
GainLossOnSaleOfInvestmentsNetOfAdjustments
|
-88000000 |
