2013 Q1 Form 10-Q Financial Statement

#000079395213000012 Filed on May 09, 2013

View on sec.gov

Income Statement

Concept 2013 Q1 2012 Q2
Revenue $1.571B $1.430B
YoY Change -5.04%
Cost Of Revenue $894.8M $816.9M
YoY Change -6.27%
Gross Profit $676.4M $612.8M
YoY Change -3.36%
Gross Profit Margin 43.05% 42.86%
Selling, General & Admin $271.5M $265.7M
YoY Change -1.03%
% of Gross Profit 40.14% 43.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $42.85M $43.20M
YoY Change -7.29%
% of Gross Profit 6.33% 7.05%
Operating Expenses $271.5M $265.7M
YoY Change -1.03%
Operating Profit $348.3M $275.5M
YoY Change -8.76%
Interest Expense $11.39M $11.50M
YoY Change 1.28%
% of Operating Profit 3.27% 4.17%
Other Income/Expense, Net
YoY Change
Pretax Income $338.5M $265.9M
YoY Change 90866.81%
Income Tax $114.4M $93.86M
% Of Pretax Income 33.8% 35.3%
Net Earnings $224.1M $172.0M
YoY Change 90159.71%
Net Earnings / Revenue 14.26% 12.03%
Basic Earnings Per Share $1.00 $0.75
Diluted Earnings Per Share $0.99 $0.74
COMMON SHARES
Basic Shares Outstanding 224.4M shares 229.0M shares
Diluted Shares Outstanding 226.1M shares 231.3M shares

Balance Sheet

Concept 2013 Q1 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.176B $1.958B
YoY Change 9.32%
Cash & Equivalents $1.019B $1.276B
Short-Term Investments $157.7M $681.0M
Other Short-Term Assets $124.4M $237.6M
YoY Change 9.14%
Inventory $416.1M $467.9M
Prepaid Expenses
Receivables $259.7M $264.3M
Other Receivables $0.00 $0.00
Total Short-Term Assets $4.333B $4.514B
YoY Change 12.81%
LONG-TERM ASSETS
Property, Plant & Equipment $790.2M $791.1M
YoY Change 0.27%
Goodwill $28.86M $29.74M
YoY Change -4.54%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $66.81M $279.1M
YoY Change -5.57%
Total Long-Term Assets $5.002B $5.092B
YoY Change -5.02%
TOTAL ASSETS
Total Short-Term Assets $4.333B $4.514B
Total Long-Term Assets $5.002B $5.092B
Total Assets $9.335B $9.605B
YoY Change 2.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $360.0M $355.9M
YoY Change 28.3%
Accrued Expenses $464.3M $577.6M
YoY Change -2.11%
Deferred Revenue
YoY Change
Short-Term Debt $687.7M $629.1M
YoY Change -9.35%
Long-Term Debt Due $715.1M $1.021B
YoY Change 60.47%
Total Short-Term Liabilities $2.227B $2.583B
YoY Change 17.57%
LONG-TERM LIABILITIES
Long-Term Debt $3.892B $3.918B
YoY Change 35.42%
Other Long-Term Liabilities $131.7M $145.0M
YoY Change -9.22%
Total Long-Term Liabilities $4.024B $4.063B
YoY Change 33.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.227B $2.583B
Total Long-Term Liabilities $4.024B $4.063B
Total Liabilities $6.251B $6.647B
YoY Change 26.59%
SHAREHOLDERS EQUITY
Retained Earnings $7.483B
YoY Change
Common Stock $3.423M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.337B
YoY Change
Treasury Stock Shares
Shareholders Equity $2.657B $2.575B
YoY Change
Total Liabilities & Shareholders Equity $9.335B $9.605B
YoY Change 2.6%

Cashflow Statement

Concept 2013 Q1 2012 Q2
OPERATING ACTIVITIES
Net Income $224.1M $172.0M
YoY Change 90159.71%
Depreciation, Depletion And Amortization $42.85M $43.20M
YoY Change -7.29%
Cash From Operating Activities -$108.5M -$73.62M
YoY Change -112.74%
INVESTING ACTIVITIES
Capital Expenditures $22.26M $24.68M
YoY Change -159.33%
Acquisitions
YoY Change
Other Investing Activities -$16.36M $0.00
YoY Change -100.0%
Cash From Investing Activities $27.50M $32.00M
YoY Change -110.16%
FINANCING ACTIVITIES
Cash Dividend Paid $47.31M $35.94M
YoY Change
Common Stock Issuance & Retirement, Net $126.4M $20.75M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 42.20M -209.9M
YoY Change -5.83%
NET CHANGE
Cash From Operating Activities -$108.5M -$73.62M
Cash From Investing Activities 27.50M 32.00M
Cash From Financing Activities 42.20M -209.9M
Net Change In Cash -$108.5M -$73.62M
YoY Change -284.5%
FREE CASH FLOW
Cash From Operating Activities -$108.5M -$73.62M
Capital Expenditures $22.26M $24.68M
Free Cash Flow -$130.8M -$98.30M
YoY Change -115.87%

Facts In Submission

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Files In Submission

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