2016 Q4 Form 10-K Financial Statement
#000104746917000682 Filed on February 15, 2017
Income Statement
| Concept | 2016 Q4 | 2016 | 2015 Q4 |
|---|---|---|---|
| Revenue | $1.904B | $7.518B | $2.332B |
| YoY Change | -18.35% | -7.63% | -20.98% |
| Cost Of Revenue | $1.556B | $6.000B | $1.956B |
| YoY Change | -20.45% | -6.32% | -21.82% |
| Gross Profit | $348.0M | $1.518B | $376.0M |
| YoY Change | -7.45% | -12.46% | -16.26% |
| Gross Profit Margin | 18.28% | 20.19% | 16.12% |
| Selling, General & Admin | $208.0M | $772.0M | $255.0M |
| YoY Change | -18.43% | -2.4% | -6.93% |
| % of Gross Profit | 59.77% | 50.86% | 67.82% |
| Research & Development | $34.00M | $137.0M | $36.00M |
| YoY Change | -5.56% | -4.2% | -20.0% |
| % of Gross Profit | 9.77% | 9.03% | 9.57% |
| Depreciation & Amortization | $80.00M | $318.0M | $102.0M |
| YoY Change | -21.57% | 6.71% | -7.27% |
| % of Gross Profit | 22.99% | 20.95% | 27.13% |
| Operating Expenses | $144.0M | $808.0M | $282.0M |
| YoY Change | -48.94% | -13.49% | -11.04% |
| Operating Profit | $204.0M | $710.0M | $94.00M |
| YoY Change | 117.02% | -11.25% | -28.79% |
| Interest Expense | -$49.00M | -$198.0M | -$46.00M |
| YoY Change | 6.52% | -0.5% | -19.3% |
| % of Operating Profit | -24.02% | -27.89% | -48.94% |
| Other Income/Expense, Net | $13.00M | $12.00M | $3.000M |
| YoY Change | 333.33% | 1100.0% | -250.0% |
| Pretax Income | $177.0M | $474.0M | -$30.00M |
| YoY Change | -690.0% | -2.87% | 36.36% |
| Income Tax | $44.00M | $109.0M | -$39.00M |
| % Of Pretax Income | 24.86% | 23.0% | |
| Net Earnings | $130.0M | $326.0M | $4.000M |
| YoY Change | 3150.0% | 250.54% | -110.53% |
| Net Earnings / Revenue | 6.83% | 4.34% | 0.17% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $539.2K | $1.358M | $16.63K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 236.3M | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2016 Q4 | 2016 | 2015 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $385.0M | $385.0M | $257.0M |
| YoY Change | 49.81% | 49.81% | -70.12% |
| Cash & Equivalents | $414.0M | $385.0M | $257.0M |
| Short-Term Investments | |||
| Other Short-Term Assets | $291.0M | $1.069B | $312.0M |
| YoY Change | -6.73% | 145.18% | -0.32% |
| Inventory | $1.344B | $918.0M | $1.692B |
| Prepaid Expenses | |||
| Receivables | $1.168B | $1.168B | $1.420B |
| Other Receivables | $15.00M | $15.00M | $29.00M |
| Total Short-Term Assets | $3.555B | $3.555B | $3.834B |
| YoY Change | -7.28% | -7.28% | -23.91% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $4.212B | $3.034B | $4.446B |
| YoY Change | -5.26% | -31.76% | 0.52% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | $66.00M | $86.00M | |
| YoY Change | -23.26% | -9.47% | |
| Long-Term Investments | $248.0M | $248.0M | $347.0M |
| YoY Change | -28.53% | -32.05% | -0.86% |
| Other Assets | $507.0M | $2.188B | $573.0M |
| YoY Change | -11.52% | 124.87% | 6.51% |
| Total Long-Term Assets | $5.634B | $5.634B | $5.986B |
| YoY Change | -5.88% | -5.88% | 1.73% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $3.555B | $3.555B | $3.834B |
| Total Long-Term Assets | $5.634B | $5.634B | $5.986B |
| Total Assets | $9.189B | $9.189B | $9.820B |
| YoY Change | -6.43% | -6.43% | -10.1% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $1.071B | $790.0M | $1.034B |
| YoY Change | 3.58% | -25.54% | -15.11% |
| Accrued Expenses | $616.0M | $471.0M | $686.0M |
| YoY Change | -10.2% | -27.31% | -7.17% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $50.00M | $50.00M | $170.0M |
| YoY Change | -70.59% | -70.59% | -36.33% |
| Total Short-Term Liabilities | $1.778B | $1.778B | $1.917B |
| YoY Change | -7.25% | -7.25% | -17.8% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $4.135B | $4.123B | $4.625B |
| YoY Change | -10.59% | -10.87% | -6.24% |
| Other Long-Term Liabilities | $1.381B | $1.450B | $1.226B |
| YoY Change | 12.64% | 18.27% | -15.27% |
| Total Long-Term Liabilities | $5.516B | $5.573B | $5.851B |
| YoY Change | -5.73% | -4.77% | -8.29% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $1.778B | $1.778B | $1.917B |
| Total Long-Term Liabilities | $5.516B | $5.573B | $5.851B |
| Total Liabilities | $7.938B | $7.938B | $8.406B |
| YoY Change | -5.57% | -5.57% | -8.31% |
| 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 | $1.251B | $1.251B | $1.414B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $9.189B | $9.189B | $9.820B |
| YoY Change | -6.43% | -6.43% | -10.1% |
Cashflow Statement
| Concept | 2016 Q4 | 2016 | 2015 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $130.0M | $326.0M | $4.000M |
| YoY Change | 3150.0% | 250.54% | -110.53% |
| Depreciation, Depletion And Amortization | $80.00M | $318.0M | $102.0M |
| YoY Change | -21.57% | 6.71% | -7.27% |
| Cash From Operating Activities | $240.0M | $1.088B | $188.0M |
| YoY Change | 27.66% | 89.22% | -54.92% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$104.0M | -$318.0M | -$209.0M |
| YoY Change | -50.24% | -31.02% | -16.4% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $172.0M | $116.0M | -$8.000M |
| YoY Change | -2250.0% | -183.45% | -99.21% |
| Cash From Investing Activities | $68.00M | -$202.0M | -$217.0M |
| YoY Change | -131.34% | -66.33% | -82.9% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -326.0M | -723.0M | -144.0M |
| YoY Change | 126.39% | 28.65% | -112.69% |
| NET CHANGE | |||
| Cash From Operating Activities | 240.0M | 1.088B | 188.0M |
| Cash From Investing Activities | 68.00M | -202.0M | -217.0M |
| Cash From Financing Activities | -326.0M | -723.0M | -144.0M |
| Net Change In Cash | -18.00M | 163.0M | -173.0M |
| YoY Change | -89.6% | -127.77% | -161.13% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $240.0M | $1.088B | $188.0M |
| Capital Expenditures | -$104.0M | -$318.0M | -$209.0M |
| Free Cash Flow | $344.0M | $1.406B | $397.0M |
| YoY Change | -13.35% | 35.71% | -40.48% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2016 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
236300000 | |
| CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
414000000 | |
| CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
4212000000 | |
| CY2015Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
12000000 | |
| CY2016Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
11000000 | |
| CY2016Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1071000000 | |
| CY2015Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
686000000 | |
| CY2016Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
616000000 | |
| CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
257000000 | |
| CY2015Q4 | us-gaap |
Debt Current
DebtCurrent
|
170000000 | |
| CY2016Q4 | us-gaap |
Debt Current
DebtCurrent
|
60000000 | |
| CY2015Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
86000000 | |
| CY2016Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
66000000 | |
| CY2015Q4 | us-gaap |
Inventory Net
InventoryNet
|
1692000000 | |
| CY2016Q4 | us-gaap |
Inventory Net
InventoryNet
|
1344000000 | |
| CY2015Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4625000000 | |
| CY2016Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4135000000 | |
| CY2015Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
312000000 | |
| CY2016Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
291000000 | |
| CY2015Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
573000000 | |
| CY2016Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
507000000 | |
| CY2015Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1226000000 | |
| CY2016Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1381000000 | |
| CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
4446000000 | |
| CY2015Q4 | us-gaap |
Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
|
1420000000 | |
| CY2016Q4 | us-gaap |
Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
|
1402000000 | |
| CY2015Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1034000000 |
