2023 Q1 Form 10-K Financial Statement

#000004919623000020 Filed on February 17, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $377.0M $1.318B
YoY Change -68.45% -68.55%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $142.0M $129.0M $484.0M
YoY Change 26.79% 40.22% 23.79%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $619.0M $696.0M
YoY Change 1163.27% 682.02%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $750.0M $793.0M $2.764B
YoY Change 32.28% 61.84% 73.73%
Income Tax $144.0M $144.0M $515.0M
% Of Pretax Income 19.2% 18.16% 18.63%
Net Earnings $573.0M $617.0M $2.125B
YoY Change 24.57% 53.87% 64.09%
Net Earnings / Revenue 151.99% 161.23%
Basic Earnings Per Share $0.40 $1.47
Diluted Earnings Per Share $0.39 $420.3K $1.451M
COMMON SHARES
Basic Shares Outstanding 1.443B shares 1.441B shares
Diluted Shares Outstanding 1.469B shares 1.465B shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $10.37B $6.704B
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 $1.136B $1.156B $1.156B
YoY Change -3.15% -0.69% -21.89%
Goodwill $5.561B $5.571B
YoY Change 3.96% 4.15%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $189.1B $182.9B $182.9B
YoY Change 6.91% 5.08% 5.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $401.0M
YoY Change -9.07%
Deferred Revenue
YoY Change
Short-Term Debt $6.898B $2.027B $2.027B
YoY Change 957.98% 506.89% 506.89%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $6.898B $327.0M $401.0M
YoY Change 957.98% -2.1% -9.07%
LONG-TERM LIABILITIES
Long-Term Debt $13.07B $9.686B $9.686B
YoY Change 107.69% 40.52% 40.52%
Other Long-Term Liabilities $5.011B $5.510B $5.510B
YoY Change 17.91% 36.35% 53.06%
Total Long-Term Liabilities $18.08B $15.20B $15.20B
YoY Change 71.5% 38.98% 44.82%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.898B $327.0M $401.0M
Total Long-Term Liabilities $18.08B $15.20B $15.20B
Total Liabilities $170.3B $165.2B $165.2B
YoY Change 7.54% 6.74% 6.72%
SHAREHOLDERS EQUITY
Retained Earnings $3.764B $3.419B
YoY Change 56.31% 55.27%
Common Stock $15.00M $14.00M
YoY Change 7.14% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $18.76B $17.73B $17.73B
YoY Change
Total Liabilities & Shareholders Equity $189.1B $182.9B $182.9B
YoY Change 6.91% 5.08% 5.08%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $573.0M $617.0M $2.125B
YoY Change 24.57% 53.87% 64.09%
Depreciation, Depletion And Amortization $142.0M $129.0M $484.0M
YoY Change 26.79% 40.22% 23.79%
Cash From Operating Activities $130.0M $1.357B $4.027B
YoY Change -84.69% 173.04% 95.3%
INVESTING ACTIVITIES
Capital Expenditures $25.00M $49.00M $214.0M
YoY Change -65.75% -154.44% -13.36%
Acquisitions $223.0M
YoY Change
Other Investing Activities -$169.0M -$1.214B -$192.0M
YoY Change 238.0% -73.95% 110.99%
Cash From Investing Activities -$2.299B -$1.263B -$11.61B
YoY Change -57.07% -73.42% 193.01%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $268.0M $8.017B
YoY Change -49.72% 135.52%
Cash From Financing Activities $5.834B 2.234B $8.764B
YoY Change 66.31% 7106.45% 959.73%
NET CHANGE
Cash From Operating Activities $130.0M 1.357B $4.027B
Cash From Investing Activities -$2.299B -1.263B -$11.61B
Cash From Financing Activities $5.834B 2.234B $8.764B
Net Change In Cash $3.665B 2.328B $1.182B
YoY Change -467.23% -155.13% -210.16%
FREE CASH FLOW
Cash From Operating Activities $130.0M $1.357B $4.027B
Capital Expenditures $25.00M $49.00M $214.0M
Free Cash Flow $105.0M $1.308B $3.813B
YoY Change -86.47% 122.83% 110.08%

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