2018 Q1 Form 10-Q Financial Statement

#000141739818000023 Filed on May 02, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1
Revenue $452.2M $395.3M
YoY Change 14.39% 2.14%
Cost Of Revenue $283.6M $246.7M
YoY Change 14.96% 0.98%
Gross Profit $168.6M $148.6M
YoY Change 13.46% 4.13%
Gross Profit Margin 37.28% 37.59%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.00M $13.60M
YoY Change 2.94% -14.47%
% of Gross Profit 8.3% 9.15%
Operating Expenses $98.30M $85.60M
YoY Change 14.84% -1.95%
Operating Profit $70.30M $63.00M
YoY Change 11.59% 13.72%
Interest Expense $6.000M $6.300M
YoY Change -4.76% -1.56%
% of Operating Profit 8.53% 10.0%
Other Income/Expense, Net -$1.100M -$600.0K
YoY Change 83.33% -33.33%
Pretax Income -$7.700M $48.90M
YoY Change -115.75% 23.8%
Income Tax $13.60M $14.90M
% Of Pretax Income 30.47%
Net Earnings -$21.90M $34.00M
YoY Change -164.41% 25.0%
Net Earnings / Revenue -4.84% 8.6%
Basic Earnings Per Share -$0.34 $0.52
Diluted Earnings Per Share -$0.34 $0.52
COMMON SHARES
Basic Shares Outstanding 63.30M shares 63.90M shares
Diluted Shares Outstanding 63.30M shares 64.40M shares

Balance Sheet

Concept 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $68.00M $51.40M
YoY Change 32.3% 18.98%
Cash & Equivalents $68.50M $51.40M
Short-Term Investments
Other Short-Term Assets $23.20M $20.00M
YoY Change 16.0% 11.11%
Inventory $180.6M $150.2M
Prepaid Expenses $34.30M $23.50M
Receivables $374.1M $332.3M
Other Receivables $0.00 $0.00
Total Short-Term Assets $680.7M $577.4M
YoY Change 17.89% -1.7%
LONG-TERM ASSETS
Property, Plant & Equipment $146.1M $145.4M
YoY Change 0.48% -8.26%
Goodwill $602.6M $620.0M
YoY Change -2.81% -3.52%
Intangibles $517.8M $516.2M
YoY Change 0.31% -8.46%
Long-Term Investments
YoY Change
Other Assets $42.20M $34.20M
YoY Change 23.39% -11.4%
Total Long-Term Assets $1.309B $1.316B
YoY Change -0.54% -6.26%
TOTAL ASSETS
Total Short-Term Assets $680.7M $577.4M
Total Long-Term Assets $1.309B $1.316B
Total Assets $1.989B $1.893B
YoY Change 5.08% -4.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $175.2M $132.3M
YoY Change 32.43% 25.28%
Accrued Expenses $221.6M $141.1M
YoY Change 57.05% 16.23%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $700.0K $16.20M
YoY Change -95.68% 35.0%
Total Short-Term Liabilities $530.8M $409.1M
YoY Change 29.75% 8.37%
LONG-TERM LIABILITIES
Long-Term Debt $478.4M $606.4M
YoY Change -21.11% -13.37%
Other Long-Term Liabilities $56.20M $27.60M
YoY Change 103.62% -4.17%
Total Long-Term Liabilities $534.6M $634.0M
YoY Change -15.68% -13.01%
TOTAL LIABILITIES
Total Short-Term Liabilities $530.8M $409.1M
Total Long-Term Liabilities $534.6M $634.0M
Total Liabilities $1.257B $1.221B
YoY Change 2.95% -10.05%
SHAREHOLDERS EQUITY
Retained Earnings $476.9M $461.9M
YoY Change 3.25% 17.77%
Common Stock $346.4M $346.6M
YoY Change -0.06% -1.34%
Preferred Stock
YoY Change
Treasury Stock (at cost) $48.00M $18.60M
YoY Change 158.06% -11.43%
Treasury Stock Shares 1.200M shares 500.0K shares
Shareholders Equity $716.8M $656.9M
YoY Change
Total Liabilities & Shareholders Equity $1.989B $1.893B
YoY Change 5.08% -4.91%

Cashflow Statement

Concept 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income -$21.90M $34.00M
YoY Change -164.41% 25.0%
Depreciation, Depletion And Amortization $14.00M $13.60M
YoY Change 2.94% -14.47%
Cash From Operating Activities $34.60M $68.50M
YoY Change -49.49% 33.01%
INVESTING ACTIVITIES
Capital Expenditures -$5.000M -$4.500M
YoY Change 11.11% 73.08%
Acquisitions
YoY Change
Other Investing Activities $100.0K $2.000M
YoY Change -95.0% -101.53%
Cash From Investing Activities -$4.900M -$2.500M
YoY Change 96.0% -98.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -37.80M -62.30M
YoY Change -39.33% -185.58%
NET CHANGE
Cash From Operating Activities 34.60M 68.50M
Cash From Investing Activities -4.900M -2.500M
Cash From Financing Activities -37.80M -62.30M
Net Change In Cash -8.100M 3.700M
YoY Change -318.92% -142.05%
FREE CASH FLOW
Cash From Operating Activities $34.60M $68.50M
Capital Expenditures -$5.000M -$4.500M
Free Cash Flow $39.60M $73.00M
YoY Change -45.75% 34.94%

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