2015 Q2 Form 10-Q Financial Statement

#000004711115000029 Filed on May 01, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q1
Revenue $1.938B $1.872B
YoY Change 22.77% 2.43%
Cost Of Revenue $1.037B $1.000B
YoY Change 20.45% 2.27%
Gross Profit $900.8M $871.5M
YoY Change 25.56% 2.61%
Gross Profit Margin 46.49% 46.56%
Selling, General & Admin $514.0M $465.0M
YoY Change 17.1% 3.17%
% of Gross Profit 57.06% 53.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $58.34M $49.30M
YoY Change 14.77% 1.14%
% of Gross Profit 6.48% 5.66%
Operating Expenses $514.0M $465.0M
YoY Change 17.1% 3.17%
Operating Profit $384.2M $545.3M
YoY Change 38.55% 36.79%
Interest Expense $20.01M -$21.29M
YoY Change -196.49% -9.94%
% of Operating Profit 5.21% -3.9%
Other Income/Expense, Net $9.840M
YoY Change 5336.46%
Pretax Income $374.8M $382.3M
YoY Change 45.99% 3.84%
Income Tax $130.1M $129.8M
% Of Pretax Income 34.7% 33.96%
Net Earnings $244.7M $252.5M
YoY Change 45.53% 4.38%
Net Earnings / Revenue 12.63% 13.49%
Basic Earnings Per Share
Diluted Earnings Per Share $1.099M $1.112M
COMMON SHARES
Basic Shares Outstanding 220.6M shares 224.2M shares
Diluted Shares Outstanding 222.7M shares 227.0M shares

Balance Sheet

Concept 2015 Q2 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $405.2M $1.006B
YoY Change -38.59% 37.8%
Cash & Equivalents $305.7M $1.006B
Short-Term Investments $99.50M
Other Short-Term Assets $350.5M $239.6M
YoY Change 8.45% -21.88%
Inventory $745.8M $678.8M
Prepaid Expenses
Receivables $606.7M $620.5M
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.108B $2.545B
YoY Change -6.8% 16.74%
LONG-TERM ASSETS
Property, Plant & Equipment $2.149B $1.909B
YoY Change 10.59% 11.96%
Goodwill $933.8M $572.3M
YoY Change 61.88% -2.3%
Intangibles $407.8M $189.5M
YoY Change 114.18% -9.77%
Long-Term Investments
YoY Change
Other Assets $158.6M $212.7M
YoY Change -25.38% 44.1%
Total Long-Term Assets $3.649B $2.884B
YoY Change 24.84% 8.19%
TOTAL ASSETS
Total Short-Term Assets $2.108B $2.545B
Total Long-Term Assets $3.649B $2.884B
Total Assets $5.757B $5.429B
YoY Change 11.04% 12.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $449.1M $465.2M
YoY Change -3.4% 12.82%
Accrued Expenses $704.3M $623.8M
YoY Change 34.61% 0.55%
Deferred Revenue
YoY Change
Short-Term Debt $649.1M $182.0M
YoY Change 229.44% 81.01%
Long-Term Debt Due $250.8M $975.0K
YoY Change 24928.34% -99.61%
Total Short-Term Liabilities $2.175B $1.444B
YoY Change 72.42% -3.19%
LONG-TERM LIABILITIES
Long-Term Debt $1.560B $1.794B
YoY Change -13.07% 16.48%
Other Long-Term Liabilities $541.1M $424.8M
YoY Change 30.75% -36.23%
Total Long-Term Liabilities $541.1M $424.8M
YoY Change 30.75% -36.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.175B $1.444B
Total Long-Term Liabilities $541.1M $424.8M
Total Liabilities $4.413B $3.760B
YoY Change 23.39% 0.72%
SHAREHOLDERS EQUITY
Retained Earnings $5.991B $5.601B
YoY Change 5.76% 8.18%
Common Stock $299.3M $299.3M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.427B $4.890B
YoY Change 7.45% 4.72%
Treasury Stock Shares 140.8M shares 136.6M shares
Shareholders Equity $1.266B $1.605B
YoY Change
Total Liabilities & Shareholders Equity $5.757B $5.429B
YoY Change 11.04% 12.04%

Cashflow Statement

Concept 2015 Q2 2014 Q1
OPERATING ACTIVITIES
Net Income $244.7M $252.5M
YoY Change 45.53% 4.38%
Depreciation, Depletion And Amortization $58.34M $49.30M
YoY Change 14.77% 1.14%
Cash From Operating Activities $259.2M $203.8M
YoY Change -912.64% -30.5%
INVESTING ACTIVITIES
Capital Expenditures $57.78M $73.52M
YoY Change -183.02% -18.84%
Acquisitions $219.0M -$10.04M
YoY Change
Other Investing Activities -$186.3M $10.50M
YoY Change 91.67% 2525.0%
Cash From Investing Activities -$249.1M -$69.04M
YoY Change 49.32% -26.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $306.7M $271.5M
YoY Change 33.08%
Debt Paid & Issued, Net $328.0K
YoY Change
Cash From Financing Activities -$76.50M -$247.1M
YoY Change -68.76% 24.77%
NET CHANGE
Cash From Operating Activities $259.2M $203.8M
Cash From Investing Activities -$249.1M -$69.04M
Cash From Financing Activities -$76.50M -$247.1M
Net Change In Cash -$66.33M -$112.4M
YoY Change -85.05% -6262.94%
FREE CASH FLOW
Cash From Operating Activities $259.2M $203.8M
Capital Expenditures $57.78M $73.52M
Free Cash Flow $201.5M $130.2M
YoY Change 434.36% -35.71%

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P6Y8M
CY2015Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
190253000 USD
CY2014Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
384696000 USD
CY2015Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
649103000 USD
CY2014Q4 us-gaap Short Term Investments
ShortTermInvestments
97131000 USD
CY2015Q2 us-gaap Short Term Investments
ShortTermInvestments
99483000 USD
CY2015Q2 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
4557000 USD
CY2015Q2 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
981715 shares
CY2015Q2 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
750569 shares
CY2015Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
40849000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
1455062000 USD
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
1266065000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1519530000 USD
CY2015Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1315898000 USD
CY2015Q2 us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
-2334000 USD
CY2015Q2 us-gaap Temporary Equity Other Changes
TemporaryEquityOtherChanges
-2346000 USD
CY2014Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
138856786 shares
CY2015Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
140790665 shares
CY2015Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2915594 shares
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
5161236000 USD
CY2015Q2 us-gaap Treasury Stock Value
TreasuryStockValue
5427060000 USD
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
227046000 shares
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
222719000 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
224213000 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
220644000 shares

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0000047111-15-000029.txt Edgar Link pending
0000047111-15-000029-xbrl.zip Edgar Link pending
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hsy-20150405.xml Edgar Link completed
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