2018 Q1 Form 10-Q Financial Statement

#000139898718000103 Filed on May 03, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1
Revenue $1.166B $1.203B
YoY Change -3.08% 6.08%
Cost Of Revenue $1.037B $981.0M
YoY Change 5.71% 6.05%
Gross Profit $192.0M $222.0M
YoY Change -13.51% 6.22%
Gross Profit Margin 16.47% 18.45%
Selling, General & Admin $156.0M $151.0M
YoY Change 3.31% 4.86%
% of Gross Profit 81.25% 68.02%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $48.00M $50.00M
YoY Change -4.0% 4.17%
% of Gross Profit 25.0% 22.52%
Operating Expenses $156.0M $151.0M
YoY Change 3.31% 4.86%
Operating Profit $36.00M $71.00M
YoY Change -49.3% 9.23%
Interest Expense $33.00M $39.00M
YoY Change -15.38% -46.58%
% of Operating Profit 91.67% 54.93%
Other Income/Expense, Net
YoY Change
Pretax Income -$58.00M -$34.00M
YoY Change 70.59% -48.48%
Income Tax -$19.00M -$9.000M
% Of Pretax Income
Net Earnings -$67.00M -$28.00M
YoY Change 139.29% -33.33%
Net Earnings / Revenue -5.75% -2.33%
Basic Earnings Per Share -$0.51 -$0.20
Diluted Earnings Per Share -$0.51 -$0.20
COMMON SHARES
Basic Shares Outstanding 130.3M shares 139.7M shares
Diluted Shares Outstanding 130.3M shares 139.7M shares

Balance Sheet

Concept 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $182.0M $205.0M
YoY Change -11.22% -27.56%
Cash & Equivalents $182.0M $205.0M
Short-Term Investments
Other Short-Term Assets $181.0M $158.0M
YoY Change 14.56% 17.91%
Inventory
Prepaid Expenses
Receivables $154.0M $147.0M
Other Receivables $250.0M $223.0M
Total Short-Term Assets $792.0M $733.0M
YoY Change 8.05% -13.15%
LONG-TERM ASSETS
Property, Plant & Equipment $281.0M $270.0M
YoY Change 4.07% 7.57%
Goodwill $3.711B $3.691B
YoY Change 0.54% 1.71%
Intangibles $749.0M $748.0M
YoY Change 0.13% 0.4%
Long-Term Investments $55.00M
YoY Change
Other Assets $245.0M $240.0M
YoY Change 2.08% 12.68%
Total Long-Term Assets $6.571B $6.597B
YoY Change -0.39% 0.63%
TOTAL ASSETS
Total Short-Term Assets $792.0M $733.0M
Total Long-Term Assets $6.571B $6.597B
Total Assets $7.363B $7.330B
YoY Change 0.45% -0.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $139.0M $125.0M
YoY Change 11.2% -2.34%
Accrued Expenses $480.0M $400.0M
YoY Change 20.0% 3.9%
Deferred Revenue
YoY Change
Short-Term Debt $184.0M $172.0M
YoY Change 6.98% -21.82%
Long-Term Debt Due $332.0M $355.0M
YoY Change -6.48% -34.38%
Total Short-Term Liabilities $957.0M $1.081B
YoY Change -11.47% -17.23%
LONG-TERM LIABILITIES
Long-Term Debt $3.263B $3.256B
YoY Change 0.21% 1.65%
Other Long-Term Liabilities $266.0M $239.0M
YoY Change 11.3% -20.07%
Total Long-Term Liabilities $3.529B $3.495B
YoY Change 0.97% -0.2%
TOTAL LIABILITIES
Total Short-Term Liabilities $957.0M $1.081B
Total Long-Term Liabilities $3.529B $3.495B
Total Liabilities $4.763B $4.955B
YoY Change -3.87% -1.82%
SHAREHOLDERS EQUITY
Retained Earnings -$2.711B -$3.090B
YoY Change -12.27% -6.98%
Common Stock $1.000M $1.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.596B $2.371B
YoY Change
Total Liabilities & Shareholders Equity $7.363B $7.330B
YoY Change 0.45% -0.95%

Cashflow Statement

Concept 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income -$67.00M -$28.00M
YoY Change 139.29% -33.33%
Depreciation, Depletion And Amortization $48.00M $50.00M
YoY Change -4.0% 4.17%
Cash From Operating Activities -$130.0M -$12.00M
YoY Change 983.33% -81.25%
INVESTING ACTIVITIES
Capital Expenditures $25.00M $28.00M
YoY Change -10.71% 27.27%
Acquisitions $0.00 $1.000M
YoY Change -100.0% -92.31%
Other Investing Activities -$1.000M $1.000M
YoY Change -200.0% 0.0%
Cash From Investing Activities -$9.000M -$33.00M
YoY Change -72.73% -2.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $94.00M $57.00M
YoY Change 64.91% 72.73%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $93.00M -$27.00M
YoY Change -444.44% -20.59%
NET CHANGE
Cash From Operating Activities -$130.0M -$12.00M
Cash From Investing Activities -$9.000M -$33.00M
Cash From Financing Activities $93.00M -$27.00M
Net Change In Cash -$46.00M -$71.00M
YoY Change -35.21% -46.21%
FREE CASH FLOW
Cash From Operating Activities -$130.0M -$12.00M
Capital Expenditures $25.00M $28.00M
Free Cash Flow -$155.0M -$40.00M
YoY Change 287.5% -53.49%

Facts In Submission

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