2010 Q1 Form 10-Q Financial Statement
#000119312510109976 Filed on May 06, 2010
Income Statement
| Concept | 2010 Q1 | 2009 Q1 |
|---|---|---|
| Revenue | $418.1M | $402.0M |
| YoY Change | 4.0% | -6.73% |
| Cost Of Revenue | $204.5M | $37.23M |
| YoY Change | 449.32% | -80.55% |
| Gross Profit | $213.6M | $364.8M |
| YoY Change | -41.43% | 52.25% |
| Gross Profit Margin | 51.1% | 90.74% |
| Selling, General & Admin | $98.70M | $97.28M |
| YoY Change | 1.46% | -9.92% |
| % of Gross Profit | 46.2% | 26.67% |
| Research & Development | $26.70M | $24.43M |
| YoY Change | 9.3% | 25.92% |
| % of Gross Profit | 12.5% | 6.7% |
| Depreciation & Amortization | $73.80M | $66.00M |
| YoY Change | 11.82% | 45.7% |
| % of Gross Profit | 34.54% | 18.09% |
| Operating Expenses | $139.0M | $121.7M |
| YoY Change | 14.21% | -8.83% |
| Operating Profit | $74.64M | -$2.265B |
| YoY Change | -103.3% | -2234.64% |
| Interest Expense | -$31.90M | $33.21M |
| YoY Change | -196.05% | -279.52% |
| % of Operating Profit | -42.74% | |
| Other Income/Expense, Net | $800.0K | -$674.0K |
| YoY Change | -218.69% | 237.0% |
| Pretax Income | $30.80M | -$2.298B |
| YoY Change | -101.34% | -2726.73% |
| Income Tax | $10.10M | $11.73M |
| % Of Pretax Income | 32.79% | |
| Net Earnings | $20.62M | -$2.310B |
| YoY Change | -100.89% | -4225.21% |
| Net Earnings / Revenue | 4.93% | -574.64% |
| Basic Earnings Per Share | -$9.01 | |
| Diluted Earnings Per Share | $0.08 | -$9.01 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 258.7M shares | 256.4M shares |
| Diluted Shares Outstanding | 256.4M shares |
Balance Sheet
| Concept | 2010 Q1 | 2009 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $431.0M | $217.0M |
| YoY Change | 98.62% | 121.43% |
| Cash & Equivalents | $431.0M | $217.2M |
| Short-Term Investments | ||
| Other Short-Term Assets | $107.0M | $99.00M |
| YoY Change | 8.08% | 90.38% |
| Inventory | $196.0M | $179.0M |
| Prepaid Expenses | ||
| Receivables | $267.0M | $300.0M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $1.001B | $795.0M |
| YoY Change | 25.91% | 20.82% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $257.0M | $277.0M |
| YoY Change | -7.22% | 0.36% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $58.00M | $74.00M |
| YoY Change | -21.62% | 25.42% |
| Total Long-Term Assets | $4.739B | $4.988B |
| YoY Change | -4.99% | -30.06% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $1.001B | $795.0M |
| Total Long-Term Assets | $4.739B | $4.988B |
| Total Assets | $5.740B | $5.783B |
| YoY Change | -0.74% | -25.76% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $50.00M | $52.00M |
| YoY Change | -3.85% | -11.86% |
| Accrued Expenses | $152.0M | $123.0M |
| YoY Change | 23.58% | -10.87% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $48.00M | $34.00M |
| YoY Change | 41.18% | 1600.0% |
| Total Short-Term Liabilities | $446.0M | $307.0M |
| YoY Change | 45.28% | 11.64% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $1.411B | $2.081B |
| YoY Change | -32.2% | 14.03% |
| Other Long-Term Liabilities | $70.00M | $65.00M |
| YoY Change | 7.69% | 4.84% |
| Total Long-Term Liabilities | $1.481B | $2.146B |
| YoY Change | -30.99% | 13.73% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $446.0M | $307.0M |
| Total Long-Term Liabilities | $1.481B | $2.146B |
| Total Liabilities | $2.950B | $3.382B |
| YoY Change | -12.77% | 8.99% |
| 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 | $2.790B | $2.402B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $5.740B | $5.783B |
| YoY Change | -0.74% | -25.76% |
Cashflow Statement
| Concept | 2010 Q1 | 2009 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $20.62M | -$2.310B |
| YoY Change | -100.89% | -4225.21% |
| Depreciation, Depletion And Amortization | $73.80M | $66.00M |
| YoY Change | 11.82% | 45.7% |
| Cash From Operating Activities | $94.70M | $120.8M |
| YoY Change | -21.61% | 22.39% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$12.50M | -$13.80M |
| YoY Change | -9.42% | -39.74% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $68.30M | -$1.600M |
| YoY Change | -4368.75% | -103.73% |
| Cash From Investing Activities | $55.80M | -$15.40M |
| YoY Change | -462.34% | -177.0% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -64.00M | -59.40M |
| YoY Change | 7.74% | -65.98% |
| NET CHANGE | ||
| Cash From Operating Activities | 94.70M | 120.8M |
| Cash From Investing Activities | 55.80M | -15.40M |
| Cash From Financing Activities | -64.00M | -59.40M |
| Net Change In Cash | 86.50M | 46.00M |
| YoY Change | 88.04% | -182.29% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $94.70M | $120.8M |
| Capital Expenditures | -$12.50M | -$13.80M |
| Free Cash Flow | $107.2M | $134.6M |
| YoY Change | -20.36% | 10.69% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2010Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
258653000 | shares |
| CY2009Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
217228000 | |
| CY2008Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
95661000 | |
| CY2009Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
293186000 | |
| CY2009Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
46589000 | |
| CY2009Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
137284000 | |
| CY2009Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
263231000 | |
| CY2009Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
7028000 | |
| CY2009Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
5182060000 | |
| CY2009Q3 | us-gaap |
Assets
Assets
|
5684226000 | |
| CY2009Q3 | us-gaap |
Assets Current
AssetsCurrent
|
821516000 | |
| CY2009Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
7279000 | |
| CY2009Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2009Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
750000000 | shares |
| CY2009Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
257938000 | shares |
| CY2009Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
2579000 | |
| CY2009Q3 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
1373923000 | |
| CY2009Q3 | us-gaap |
Debt Instrument Principal Outstanding
DebtInstrumentPrincipalOutstanding
|
1725000000 | |
| CY2009Q3 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
97544000 | |
| CY2009Q3 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
11364000 | |
| CY2009Q3 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
52165000 | |
| CY2009Q3 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
1045183000 | |
| CY2009Q3 | us-gaap |
Goodwill
Goodwill
|
2108963000 | |
| CY2009Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
2422564000 | |
| CY2009Q3 | us-gaap |
Inventory Net
InventoryNet
|
182780000 | |
| CY2009Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
5684226000 | |
| CY2009Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
329290000 | |
| CY2009Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
38373000 | |
| CY2009Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
29238000 | |
| us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-7389000 | ||
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-16724000 | ||
| us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-27713000 | ||
| us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
12514000 | ||
| us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
9166000 | ||
| us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1899000 | ||
| us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-235000 | ||
| CY2009Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
139955000 | |
| CY2009Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
59555000 | |
| CY2009Q3 | us-gaap |
Other Deferred Credits Current
OtherDeferredCreditsCurrent
|
9500000 | |
| CY2009Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
58534000 | |
| CY2009Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
| CY2009Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1623000 | shares |
| CY2009Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2009Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
271628000 | |
| CY2009Q3 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
916000 | |
| CY2009Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-2464257000 | |
| CY2009Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2725977000 | |
| CY2009Q3 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
214000 | shares |
| CY2009Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
1433000 | |
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
121567000 | ||
| us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
38794000 | ||
| us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
25331000 | ||
| us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
100837000 | ||
| us-gaap |
Adjustments Noncash Items To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities Other
AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther
|
658000 | ||
| us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
237808000 | ||
| us-gaap |
Cost Of Goods Sold Amortization
CostOfGoodsSoldAmortization
|
75506000 | ||
| us-gaap |
Cost Of Services
CostOfServices
|
74335000 | ||
| us-gaap |
Costs And Expenses
CostsAndExpenses
|
3002378000 | ||
| us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-13165000 | ||
| us-gaap |
Depreciation
Depreciation
|
31393000 | ||
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-8.86 | ||
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-8.86 | ||
| us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
967000 | ||
| us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
299000 | ||
| us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
299000 | ||
| us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-2133000 | ||
| us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
73615000 | ||
| us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
2340023000 | ||
| us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
4065000 | ||
| us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
310000 | ||
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-2241647000 | ||
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
30314000 | ||
| us-gaap |
Interest Expense
InterestExpense
|
67554000 | ||
| us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
793000 | ||
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-88269000 | ||
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-32254000 | ||
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
241123000 | ||
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-2271961000 | ||
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2171131000 | ||
| us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-3755000 | ||
| us-gaap |
Other Payments To Acquire Businesses
OtherPaymentsToAcquireBusinesses
|
229000 | ||
| us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
314000 | ||
| us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
238000 | ||
| us-gaap |
Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
|
5322000 | ||
| us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
225000 | ||
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
16558000 | ||
| us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
1764000 | ||
| us-gaap |
Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
|
750000 | ||
| us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
87685000 | ||
| us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
1573000 | ||
| us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
48221000 | ||
| us-gaap |
Revenues
Revenues
|
831247000 | ||
| us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
731995000 | ||
| us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
99252000 | ||
| us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
123474000 | ||
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
16343000 | ||
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
256293000 | shares | |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
256293000 | shares | |
| holx |
Payment For Tax Withholding Related To Vested And Released Restricted Stock Units
PaymentForTaxWithholdingRelatedToVestedAndReleasedRestrictedStockUnits
|
760000 | ||
| holx |
Cost Of Goods Sold Impairment Of Intangible Assets
CostOfGoodsSoldImpairmentOfIntangibleAssets
|
4065000 | ||
| holx |
Fair Value Write Up Of Acquired Inventory
FairValueWriteUpOfAcquiredInventory
|
834000 | ||
| holx |
Increase Decrease In Prepaid Income Taxes
IncreaseDecreaseInPrepaidIncomeTaxes
|
-8087000 | ||
| holx |
Payments To Manufacture Equipment Under Customer Usage Agreements
PaymentsToManufactureEquipmentUnderCustomerUsageAgreements
|
10667000 | ||
| us-gaap |
Costs And Expenses
CostsAndExpenses
|
696690000 | ||
| CY2009 | us-gaap |
Commitments And Contingencies2009
CommitmentsAndContingencies2009
|
||
| CY2009Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
12693000 | |
| CY2009Q1 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
113387000 | |
| CY2009Q1 | us-gaap |
Cost Of Goods Sold Amortization
CostOfGoodsSoldAmortization
|
37760000 | |
| CY2009Q1 | us-gaap |
Cost Of Services
CostOfServices
|
37228000 | |
| CY2009Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
2666866000 | |
| CY2009Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-9.01 | |
| CY2009Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-9.01 | |
| CY2009Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
38810000 | |
| CY2009Q1 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
2340023000 | |
| CY2009Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-2298391000 | |
| CY2009Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
11728000 | |
| CY2009Q1 | us-gaap |
Interest Expense
InterestExpense
|
33212000 | |
| CY2009Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
347000 | |
| CY2009Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2310119000 | |
| CY2009Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2264852000 | |
| CY2009Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-674000 | |
| CY2009Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
24428000 | |
| CY2009Q1 | us-gaap |
Revenues
Revenues
|
402014000 | |
| CY2009Q1 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
351887000 | |
| CY2009Q1 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
50127000 | |
| CY2009Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
58472000 | |
| CY2009Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
256374000 | shares |
| CY2009Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
256374000 | shares |
| CY2009Q1 | holx |
Cost Of Goods Sold Impairment Of Intangible Assets
CostOfGoodsSoldImpairmentOfIntangibleAssets
|
4065000 | |
| CY2010Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
356211000 |
