2015 Q2 Form 10-Q Financial Statement
#000104746915006399 Filed on July 29, 2015
Income Statement
Concept | 2015 Q2 | 2014 Q4 |
---|---|---|
Revenue | $2.740B | $2.951B |
YoY Change | -8.3% | 9.09% |
Cost Of Revenue | $2.191B | $2.502B |
YoY Change | -11.76% | 10.76% |
Gross Profit | $549.0M | $449.0M |
YoY Change | 8.71% | 0.67% |
Gross Profit Margin | 20.04% | 15.22% |
Selling, General & Admin | $249.0M | $274.0M |
YoY Change | 2.05% | 11.84% |
% of Gross Profit | 45.36% | 61.02% |
Research & Development | $41.00M | $45.00M |
YoY Change | 10.81% | 28.57% |
% of Gross Profit | 7.47% | 10.02% |
Depreciation & Amortization | $99.00M | $110.0M |
YoY Change | -14.66% | -9.84% |
% of Gross Profit | 18.03% | 24.5% |
Operating Expenses | $289.0M | $317.0M |
YoY Change | 0.0% | 11.62% |
Operating Profit | $260.0M | $132.0M |
YoY Change | 20.37% | -18.52% |
Interest Expense | -$50.00M | -$57.00M |
YoY Change | 2.04% | 35.71% |
% of Operating Profit | -19.23% | -43.18% |
Other Income/Expense, Net | -$1.000M | -$2.000M |
YoY Change | ||
Pretax Income | $75.00M | -$22.00M |
YoY Change | -55.09% | -134.92% |
Income Tax | $34.00M | $12.00M |
% Of Pretax Income | 45.33% | |
Net Earnings | $29.00M | -$38.00M |
YoY Change | -75.63% | -192.68% |
Net Earnings / Revenue | 1.06% | -1.29% |
Basic Earnings Per Share | ||
Diluted Earnings Per Share | $117.2K | -$156.4K |
COMMON SHARES | ||
Basic Shares Outstanding | 244.1M | 244.2M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2015 Q2 | 2014 Q4 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $599.0M | $860.0M |
YoY Change | 48.64% | 65.38% |
Cash & Equivalents | $599.0M | $860.0M |
Short-Term Investments | ||
Other Short-Term Assets | $190.0M | $313.0M |
YoY Change | -13.24% | 56.5% |
Inventory | $1.938B | $2.025B |
Prepaid Expenses | ||
Receivables | $1.721B | $1.665B |
Other Receivables | $33.00M | $42.00M |
Total Short-Term Assets | $4.595B | $5.039B |
YoY Change | 3.3% | 21.16% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $4.328B | $4.423B |
YoY Change | 14.62% | 15.66% |
Goodwill | ||
YoY Change | ||
Intangibles | $92.00M | $95.00M |
YoY Change | 22.67% | 9.2% |
Long-Term Investments | $350.0M | $350.0M |
YoY Change | 20.69% | 26.35% |
Other Assets | $650.0M | $538.0M |
YoY Change | 34.58% | 17.21% |
Total Long-Term Assets | $5.983B | $5.884B |
YoY Change | 19.8% | 17.0% |
TOTAL ASSETS | ||
Total Short-Term Assets | $4.595B | $5.039B |
Total Long-Term Assets | $5.983B | $5.884B |
Total Assets | $10.58B | $10.92B |
YoY Change | 12.03% | 18.88% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.179B | $1.218B |
YoY Change | 5.55% | 14.15% |
Accrued Expenses | $737.0M | $739.0M |
YoY Change | 8.06% | 1.79% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $127.0M | $267.0M |
YoY Change | -50.58% | -3.61% |
Total Short-Term Liabilities | $2.122B | $2.332B |
YoY Change | -1.03% | 8.01% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $4.920B | $4.933B |
YoY Change | 29.17% | 35.78% |
Other Long-Term Liabilities | $1.348B | $1.447B |
YoY Change | 48.79% | 52.64% |
Total Long-Term Liabilities | $6.268B | $6.380B |
YoY Change | 32.94% | 39.27% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $2.122B | $2.332B |
Total Long-Term Liabilities | $6.268B | $6.380B |
Total Liabilities | $8.948B | $9.168B |
YoY Change | 25.43% | 29.88% |
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 | $1.630B | $1.755B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $10.58B | $10.92B |
YoY Change | 12.03% | 18.88% |
Cashflow Statement
Concept | 2015 Q2 | 2014 Q4 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $29.00M | -$38.00M |
YoY Change | -75.63% | -192.68% |
Depreciation, Depletion And Amortization | $99.00M | $110.0M |
YoY Change | -14.66% | -9.84% |
Cash From Operating Activities | $147.0M | $417.0M |
YoY Change | 194.0% | 30.31% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$147.0M | -$250.0M |
YoY Change | 37.38% | 42.86% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$5.000M | -$1.019B |
YoY Change | -155.56% | 33866.67% |
Cash From Investing Activities | -$152.0M | -$1.269B |
YoY Change | 55.1% | 612.92% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -391.0M | 1.135B |
YoY Change | -324.71% | -6405.56% |
NET CHANGE | ||
Cash From Operating Activities | 147.0M | 417.0M |
Cash From Investing Activities | -152.0M | -1.269B |
Cash From Financing Activities | -391.0M | 1.135B |
Net Change In Cash | -396.0M | 283.0M |
YoY Change | -414.29% | 128.23% |
FREE CASH FLOW | ||
Cash From Operating Activities | $147.0M | $417.0M |
Capital Expenditures | -$147.0M | -$250.0M |
Free Cash Flow | $294.0M | $667.0M |
YoY Change | 87.26% | 34.75% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2015Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
737000000 | |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
860000000 | |
CY2015Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
599000000 | |
CY2014Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4933000000 | |
CY2014Q4 | us-gaap |
Debt Current
DebtCurrent
|
267000000 | |
CY2015Q2 | us-gaap |
Debt Current
DebtCurrent
|
127000000 | |
CY2015Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4920000000 | |
CY2014Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
313000000 | |
CY2015Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
190000000 | |
CY2014Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
95000000 | |
CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
538000000 | |
CY2015Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
650000000 | |
CY2014Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1447000000 | |
CY2015Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1348000000 | |
CY2015Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
92000000 | |
CY2014Q4 | us-gaap |
Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
|
1665000000 | |
CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
4423000000 | |
CY2015Q2 | us-gaap |
Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
|
1721000000 | |
CY2015Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
4328000000 | |
CY2014Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
10000000 | |
CY2015Q2 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
9000000 | |
CY2014Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1218000000 | |
CY2015Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1179000000 | |
CY2014Q4 | us-gaap |
Inventory Net
InventoryNet
|
2025000000 | |
CY2015Q2 | us-gaap |
Inventory Net
InventoryNet
|
1938000000 | |
CY2014Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
739000000 | |
CY2015Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
244100000 |