2023 Q4 Form 10-Q Financial Statement

#000086145923000026 Filed on October 31, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $933.7M $1.117B
YoY Change 18.31% 10.6%
Cost Of Revenue $839.4M $950.2M
YoY Change 20.67% 6.83%
Gross Profit $94.31M $166.6M
YoY Change -2.55% 38.45%
Gross Profit Margin 10.1% 14.92%
Selling, General & Admin $81.99M $74.79M
YoY Change 3.21% 21.04%
% of Gross Profit 86.93% 44.88%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $26.97M $23.80M
YoY Change 29.32% -19.01%
% of Gross Profit 28.6% 14.28%
Operating Expenses $94.23M $74.79M
YoY Change -9.99% 21.04%
Operating Profit $80.00K $73.82M
YoY Change -101.01% 23.01%
Interest Expense $6.058M $4.877M
YoY Change 32.39% 93.61%
% of Operating Profit 7572.5% 6.61%
Other Income/Expense, Net $3.307M $6.101M
YoY Change -8.32% 118.75%
Pretax Income $30.00M $79.92M
YoY Change 81.17% 27.26%
Income Tax $8.289M $22.42M
% Of Pretax Income 27.63% 28.06%
Net Earnings $26.00M $57.62M
YoY Change 17.89% -21.49%
Net Earnings / Revenue 2.78% 5.16%
Basic Earnings Per Share $1.31
Diluted Earnings Per Share $0.49 $1.13
COMMON SHARES
Basic Shares Outstanding 43.93M shares 43.92M shares
Diluted Shares Outstanding 53.61M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $624.8M $530.1M
YoY Change 20.8% 10.03%
Cash & Equivalents $417.7M $292.1M
Short-Term Investments $207.1M $237.9M
Other Short-Term Assets $53.10M $47.48M
YoY Change 41.94% -69.8%
Inventory $103.9M $92.13M
Prepaid Expenses
Receivables $861.7M $1.025B
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.643B $1.695B
YoY Change 21.98% 7.3%
LONG-TERM ASSETS
Property, Plant & Equipment $662.9M $569.7M
YoY Change 30.17% 13.76%
Goodwill $155.0M $74.26M
YoY Change 110.31% 0.76%
Intangibles $117.3M
YoY Change 1173.58%
Long-Term Investments $92.91M $91.10M
YoY Change 15.09% 15.81%
Other Assets $55.63M $58.52M
YoY Change -5.93% 0.43%
Total Long-Term Assets $1.170B $885.3M
YoY Change 42.58% 6.88%
TOTAL ASSETS
Total Short-Term Assets $1.643B $1.695B
Total Long-Term Assets $1.170B $885.3M
Total Assets $2.814B $2.580B
YoY Change 29.78% 7.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $408.4M $477.0M
YoY Change 22.12% 19.77%
Accrued Expenses $337.7M $356.0M
YoY Change 17.08% -20.93%
Deferred Revenue $243.8M $222.0M
YoY Change 40.72% 16.2%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $39.93M $1.475M
YoY Change 2659.64% 2.57%
Total Short-Term Liabilities $1.030B $1.056B
YoY Change 29.12% 1.49%
LONG-TERM LIABILITIES
Long-Term Debt $614.8M $403.8M
YoY Change 114.26% 40.75%
Other Long-Term Liabilities $74.65M $67.47M
YoY Change 16.29% -27.73%
Total Long-Term Liabilities $689.4M $471.3M
YoY Change 96.35% 64.27%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.030B $1.056B
Total Long-Term Liabilities $689.4M $471.3M
Total Liabilities $1.719B $1.528B
YoY Change 49.67% 15.05%
SHAREHOLDERS EQUITY
Retained Earnings $501.8M $481.6M
YoY Change 4.25% 0.03%
Common Stock $474.6M $472.8M
YoY Change 0.79% 0.79%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $977.3M $955.3M
YoY Change
Total Liabilities & Shareholders Equity $2.814B $2.580B
YoY Change 29.78% 7.16%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $26.00M $57.62M
YoY Change 17.89% -21.49%
Depreciation, Depletion And Amortization $26.97M $23.80M
YoY Change 29.32% -19.01%
Cash From Operating Activities $149.5M $153.1M
YoY Change 112.74% 72.71%
INVESTING ACTIVITIES
Capital Expenditures $31.38M $29.30M
YoY Change 31.54% -219.41%
Acquisitions
YoY Change
Other Investing Activities -$238.6M $4.400M
YoY Change 23407.98% -45.64%
Cash From Investing Activities -$270.0M -$24.90M
YoY Change 985.43% 51.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 246.1M -50.60M
YoY Change -3887.21% 6566.67%
NET CHANGE
Cash From Operating Activities 149.5M 153.1M
Cash From Investing Activities -270.0M -24.90M
Cash From Financing Activities 246.1M -50.60M
Net Change In Cash 125.6M 77.60M
YoY Change 222.75% 8.62%
FREE CASH FLOW
Cash From Operating Activities $149.5M $153.1M
Capital Expenditures $31.38M $29.30M
Free Cash Flow $118.1M $123.8M
YoY Change 154.47% 9.38%

Facts In Submission

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