2016 Q3 Form 10-Q Financial Statement

#000156459016027023 Filed on November 02, 2016

View on sec.gov

Income Statement

Concept 2016 Q3 2015 Q3
Revenue $1.196B $1.689B
YoY Change -29.19% -67.28%
Cost Of Revenue $249.0M $385.0M
YoY Change -35.32% -21.75%
Gross Profit $928.0M $1.254B
YoY Change -26.0% -43.33%
Gross Profit Margin 77.59% 74.25%
Selling, General & Admin $527.0M $627.0M
YoY Change -15.95% -3.54%
% of Gross Profit 56.79% 50.0%
Research & Development $78.00M $144.0M
YoY Change -45.83% 60.0%
% of Gross Profit 8.41% 11.48%
Depreciation & Amortization $811.0M $988.0M
YoY Change -17.91% 17.9%
% of Gross Profit 87.39% 78.79%
Operating Expenses $1.416B $1.759B
YoY Change -19.5% 11.47%
Operating Profit -$488.0M -$505.0M
YoY Change -3.37% -179.53%
Interest Expense $84.00M $84.00M
YoY Change 0.0% 12.0%
% of Operating Profit
Other Income/Expense, Net $19.00M -$32.00M
YoY Change -159.38% -218.52%
Pretax Income -$633.0M -$539.0M
YoY Change 17.44% -191.2%
Income Tax -$316.0M -$300.0M
% Of Pretax Income
Net Earnings -$339.0M -$252.0M
YoY Change 34.52% -124.47%
Net Earnings / Revenue -28.34% -14.92%
Basic Earnings Per Share -$1.12 -$0.98
Diluted Earnings Per Share -$1.12 -$0.98
COMMON SHARES
Basic Shares Outstanding 313.2M 283.5M
Diluted Shares Outstanding 313.2M 283.5M

Balance Sheet

Concept 2016 Q3 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.529B $3.013B
YoY Change 17.13% -26.87%
Cash & Equivalents $3.529B $3.013B
Short-Term Investments
Other Short-Term Assets $108.0M $527.0M
YoY Change -79.51% -39.36%
Inventory $403.0M $535.0M
Prepaid Expenses
Receivables $771.0M $1.211B
Other Receivables $82.00M $311.0M
Total Short-Term Assets $4.893B $5.597B
YoY Change -12.58% -36.86%
LONG-TERM ASSETS
Property, Plant & Equipment $25.54B $26.88B
YoY Change -5.01% -2.83%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.654B $2.503B
YoY Change 45.98% 400.6%
Total Long-Term Assets $29.57B $30.86B
YoY Change -4.19% -3.9%
TOTAL ASSETS
Total Short-Term Assets $4.893B $5.597B
Total Long-Term Assets $29.57B $30.86B
Total Assets $34.46B $36.46B
YoY Change -5.48% -11.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $458.0M $537.0M
YoY Change -14.71% -68.63%
Accrued Expenses $1.433B $1.930B
YoY Change -25.75% -34.66%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $666.0M $78.00M
YoY Change 753.85% 16.42%
Total Short-Term Liabilities $2.617B $2.624B
YoY Change -0.27% -47.68%
LONG-TERM LIABILITIES
Long-Term Debt $6.671B $6.474B
YoY Change 3.04% 9.19%
Other Long-Term Liabilities $3.042B $3.377B
YoY Change -9.92% 225.65%
Total Long-Term Liabilities $9.713B $9.851B
YoY Change -1.4% 849.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.617B $2.624B
Total Long-Term Liabilities $9.713B $9.851B
Total Liabilities $14.62B $15.13B
YoY Change -3.33% -8.94%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $19.84B $21.33B
YoY Change
Total Liabilities & Shareholders Equity $34.46B $36.46B
YoY Change -5.48% -11.03%

Cashflow Statement

Concept 2016 Q3 2015 Q3
OPERATING ACTIVITIES
Net Income -$339.0M -$252.0M
YoY Change 34.52% -124.47%
Depreciation, Depletion And Amortization $811.0M $988.0M
YoY Change -17.91% 17.9%
Cash From Operating Activities $332.0M $282.0M
YoY Change 17.73% -79.05%
INVESTING ACTIVITIES
Capital Expenditures -$529.0M -$963.0M
YoY Change -45.07% -29.71%
Acquisitions
YoY Change
Other Investing Activities $3.000M $7.000M
YoY Change -57.14% -99.76%
Cash From Investing Activities -$526.0M -$956.0M
YoY Change -44.98% -161.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 628.0M 2.756B
YoY Change -77.21% -377.82%
NET CHANGE
Cash From Operating Activities 332.0M 282.0M
Cash From Investing Activities -526.0M -956.0M
Cash From Financing Activities 628.0M 2.756B
Net Change In Cash 434.0M 2.082B
YoY Change -79.15% 8.72%
FREE CASH FLOW
Cash From Operating Activities $332.0M $282.0M
Capital Expenditures -$529.0M -$963.0M
Free Cash Flow $861.0M $1.245B
YoY Change -30.84% -54.16%

Facts In Submission

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