2014 Q1 Form 10-Q Financial Statement

#000110465914034612 Filed on May 05, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $396.8M $398.5M
YoY Change -0.43% 53.45%
Cost Of Revenue $254.0M $264.5M
YoY Change -3.97% 70.21%
Gross Profit $142.8M $134.0M
YoY Change 6.57% 28.48%
Gross Profit Margin 35.99% 33.63%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.70M $27.80M
YoY Change -47.12% 192.63%
% of Gross Profit 10.29% 20.75%
Operating Expenses $99.90M $108.4M
YoY Change -7.84% 79.17%
Operating Profit $42.90M $25.60M
YoY Change 67.58% -41.55%
Interest Expense $5.600M $6.800M
YoY Change -17.65% 142.86%
% of Operating Profit 13.05% 26.56%
Other Income/Expense, Net $9.700M -$300.0K
YoY Change -3333.33% 0.0%
Pretax Income $47.00M $18.50M
YoY Change 154.05% -54.55%
Income Tax $13.70M $5.300M
% Of Pretax Income 29.15% 28.65%
Net Earnings $33.30M $13.20M
YoY Change 152.27% -51.82%
Net Earnings / Revenue 8.39% 3.31%
Basic Earnings Per Share $0.52 $0.20
Diluted Earnings Per Share $0.51 $0.20
COMMON SHARES
Basic Shares Outstanding 63.30M shares 62.70M shares
Diluted Shares Outstanding 63.90M shares 63.10M shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $51.00M $40.70M
YoY Change 25.31% -32.28%
Cash & Equivalents $51.00M $40.70M
Short-Term Investments
Other Short-Term Assets $19.60M $54.80M
YoY Change -64.23% 5.79%
Inventory $183.1M $191.3M
Prepaid Expenses $34.10M
Receivables $322.5M $316.9M
Other Receivables $0.00 $0.00
Total Short-Term Assets $625.3M $637.0M
YoY Change -1.84% 88.52%
LONG-TERM ASSETS
Property, Plant & Equipment $170.4M $168.3M
YoY Change 1.25% 44.84%
Goodwill $598.0M $532.2M
YoY Change 12.36%
Intangibles $548.8M $573.7M
YoY Change -4.34%
Long-Term Investments
YoY Change
Other Assets $51.60M $52.90M
YoY Change -2.46% 15.25%
Total Long-Term Assets $1.369B $1.327B
YoY Change 3.14% 69.27%
TOTAL ASSETS
Total Short-Term Assets $625.3M $637.0M
Total Long-Term Assets $1.369B $1.327B
Total Assets $1.994B $1.964B
YoY Change 1.53% 75.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $177.7M $175.3M
YoY Change 1.37% 502.41%
Accrued Expenses $150.4M $102.9M
YoY Change 46.16% 278.31%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $13.50M $10.00M
YoY Change 35.0%
Total Short-Term Liabilities $457.2M $434.3M
YoY Change 5.27% 31.01%
LONG-TERM LIABILITIES
Long-Term Debt $612.6M $709.6M
YoY Change -13.67% 377.52%
Other Long-Term Liabilities $40.80M $39.80M
YoY Change 2.51% -70.97%
Total Long-Term Liabilities $653.4M $749.4M
YoY Change -12.81% 162.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $457.2M $434.3M
Total Long-Term Liabilities $653.4M $749.4M
Total Liabilities $1.373B $1.184B
YoY Change 16.02% 86.2%
SHAREHOLDERS EQUITY
Retained Earnings $280.2M $240.0M
YoY Change 16.75%
Common Stock $340.7M $320.1M
YoY Change 6.44%
Preferred Stock
YoY Change
Treasury Stock (at cost) $21.60M $3.400M
YoY Change 535.29%
Treasury Stock Shares 300.0K shares
Shareholders Equity $609.8M $505.7M
YoY Change
Total Liabilities & Shareholders Equity $1.994B $1.964B
YoY Change 1.53% 75.07%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income $33.30M $13.20M
YoY Change 152.27% -51.82%
Depreciation, Depletion And Amortization $14.70M $27.80M
YoY Change -47.12% 192.63%
Cash From Operating Activities $36.30M $0.00
YoY Change -100.0%
INVESTING ACTIVITIES
Capital Expenditures -$5.800M -$5.600M
YoY Change 3.57% 43.59%
Acquisitions
YoY Change
Other Investing Activities $7.900M $300.0K
YoY Change 2533.33%
Cash From Investing Activities $2.100M -$5.300M
YoY Change -139.62% 35.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -49.20M -56.00M
YoY Change -12.14% -40.55%
NET CHANGE
Cash From Operating Activities 36.30M 0.000
Cash From Investing Activities 2.100M -5.300M
Cash From Financing Activities -49.20M -56.00M
Net Change In Cash -10.80M -61.30M
YoY Change -82.38% -5.69%
FREE CASH FLOW
Cash From Operating Activities $36.30M $0.00
Capital Expenditures -$5.800M -$5.600M
Free Cash Flow $42.10M $5.600M
YoY Change 651.79% -84.86%

Facts In Submission

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