2017 Q1 Form 10-Q Financial Statement

#000162828017004299 Filed on April 26, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $852.3M $834.8M
YoY Change 2.1% 3.1%
Cost Of Revenue $589.7M $574.9M
YoY Change 2.57% 3.05%
Gross Profit $262.6M $259.9M
YoY Change 1.04% 3.22%
Gross Profit Margin 30.81% 31.13%
Selling, General & Admin $154.8M $158.0M
YoY Change -2.03% 7.63%
% of Gross Profit 58.95% 60.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $24.20M $22.70M
YoY Change 6.61% 4.61%
% of Gross Profit 9.22% 8.73%
Operating Expenses $154.8M $158.0M
YoY Change -2.03% 7.63%
Operating Profit $107.8M $101.9M
YoY Change 5.79% -2.95%
Interest Expense -$11.10M -$9.000M
YoY Change 23.33% 16.88%
% of Operating Profit -10.3% -8.83%
Other Income/Expense, Net -$5.800M -$1.300M
YoY Change 346.15% -50.0%
Pretax Income $90.90M $91.60M
YoY Change -0.76% -3.27%
Income Tax $27.00M $29.60M
% Of Pretax Income 29.7% 32.31%
Net Earnings $62.80M $60.90M
YoY Change 3.12% -2.4%
Net Earnings / Revenue 7.37% 7.3%
Basic Earnings Per Share $1.13 $1.08
Diluted Earnings Per Share $1.13 $1.08
COMMON SHARES
Basic Shares Outstanding 55.20M shares 56.30M shares
Diluted Shares Outstanding 55.60M shares 56.50M shares

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $390.8M $332.7M
YoY Change 17.46% -21.33%
Cash & Equivalents $381.0M $320.8M
Short-Term Investments $9.800M $11.90M
Other Short-Term Assets $34.00M $29.50M
YoY Change 15.25% -51.16%
Inventory $547.8M $559.5M
Prepaid Expenses
Receivables $545.0M $503.7M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.518B $1.425B
YoY Change 6.47% -3.07%
LONG-TERM ASSETS
Property, Plant & Equipment $437.8M $430.8M
YoY Change 1.62% 7.06%
Goodwill $1.001B $992.4M
YoY Change 0.82% 8.28%
Intangibles $427.3M $450.8M
YoY Change -5.21% 21.61%
Long-Term Investments $59.20M $54.40M
YoY Change 8.82% 19.56%
Other Assets $52.20M $47.10M
YoY Change 10.83% -5.99%
Total Long-Term Assets $1.977B $1.976B
YoY Change 0.08% 10.66%
TOTAL ASSETS
Total Short-Term Assets $1.518B $1.425B
Total Long-Term Assets $1.977B $1.976B
Total Assets $3.495B $3.401B
YoY Change 2.76% 4.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $300.1M $292.3M
YoY Change 2.67% 12.6%
Accrued Expenses $145.5M $158.8M
YoY Change -8.38% 11.13%
Deferred Revenue
YoY Change
Short-Term Debt $5.100M $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $576.0M $565.5M
YoY Change 1.86% 10.0%
LONG-TERM LIABILITIES
Long-Term Debt $990.9M $989.5M
YoY Change 0.14% 65.55%
Other Long-Term Liabilities $65.20M $51.00M
YoY Change 27.84% -10.99%
Total Long-Term Liabilities $1.056B $1.041B
YoY Change 1.5% 58.85%
TOTAL LIABILITIES
Total Short-Term Liabilities $576.0M $565.5M
Total Long-Term Liabilities $1.056B $1.041B
Total Liabilities $1.906B $1.825B
YoY Change 4.42% 31.83%
SHAREHOLDERS EQUITY
Retained Earnings $1.867B $1.790B
YoY Change 4.32% -9.33%
Common Stock $500.0K $600.0K
YoY Change -16.67% -99.18%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.579B $1.567B
YoY Change
Total Liabilities & Shareholders Equity $3.495B $3.401B
YoY Change 2.76% 4.46%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $62.80M $60.90M
YoY Change 3.12% -2.4%
Depreciation, Depletion And Amortization $24.20M $22.70M
YoY Change 6.61% 4.61%
Cash From Operating Activities $62.90M $62.30M
YoY Change 0.96% 141.47%
INVESTING ACTIVITIES
Capital Expenditures -$13.60M -$15.30M
YoY Change -11.11% -6.13%
Acquisitions $19.20M $172.2M
YoY Change -88.85% 35.8%
Other Investing Activities -$900.0K -$500.0K
YoY Change 80.0% -58.33%
Cash From Investing Activities -$32.80M -$188.0M
YoY Change -82.55% 29.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $52.60M $201.8M
YoY Change -73.93% 165.53%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$94.10M $104.5M
YoY Change -190.05% -195.7%
NET CHANGE
Cash From Operating Activities $62.90M $62.30M
Cash From Investing Activities -$32.80M -$188.0M
Cash From Financing Activities -$94.10M $104.5M
Net Change In Cash -$64.00M -$21.20M
YoY Change 201.89% -90.71%
FREE CASH FLOW
Cash From Operating Activities $62.90M $62.30M
Capital Expenditures -$13.60M -$15.30M
Free Cash Flow $76.50M $77.60M
YoY Change -1.42% 84.32%

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200000 USD
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200000 shares
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400000 shares
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56500000 shares
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CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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55200000 shares

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