2014 Q4 Form 10-Q Financial Statement
#000156459014004385 Filed on October 20, 2014
Income Statement
Concept | 2014 Q4 | 2014 Q3 | 2013 Q3 |
---|---|---|---|
Revenue | $471.8M | $451.9M | $412.3M |
YoY Change | 10.54% | 9.6% | 5.29% |
Cost Of Revenue | $343.3M | $329.9M | $300.2M |
YoY Change | 9.44% | 9.89% | 2.67% |
Gross Profit | $128.5M | $122.0M | $112.1M |
YoY Change | 13.62% | 8.83% | 13.0% |
Gross Profit Margin | 27.24% | 27.0% | 27.19% |
Selling, General & Admin | $38.10M | $32.90M | $32.90M |
YoY Change | 6.72% | 0.0% | 8.58% |
% of Gross Profit | 29.65% | 26.97% | 29.35% |
Research & Development | $13.30M | $10.10M | $10.20M |
YoY Change | 27.88% | -0.98% | 14.61% |
% of Gross Profit | 10.35% | 8.28% | 9.1% |
Depreciation & Amortization | $18.60M | $17.80M | $14.70M |
YoY Change | 12.73% | 21.09% | 0.0% |
% of Gross Profit | 14.47% | 14.59% | 13.11% |
Operating Expenses | $51.40M | $32.90M | $43.10M |
YoY Change | 11.5% | -23.67% | 9.95% |
Operating Profit | $77.10M | $79.00M | $69.00M |
YoY Change | 15.07% | 14.49% | 15.0% |
Interest Expense | -$2.100M | -$2.100M | $1.900M |
YoY Change | 31.25% | -210.53% | -13.64% |
% of Operating Profit | -2.72% | -2.66% | 2.75% |
Other Income/Expense, Net | $0.00 | -$500.0K | $0.00 |
YoY Change | |||
Pretax Income | $75.00M | $76.40M | $67.10M |
YoY Change | 14.68% | 13.86% | 16.09% |
Income Tax | $22.40M | $21.20M | $18.70M |
% Of Pretax Income | 29.87% | 27.75% | 27.87% |
Net Earnings | $52.90M | $55.80M | $48.70M |
YoY Change | 12.31% | 14.58% | 22.36% |
Net Earnings / Revenue | 11.21% | 12.35% | 11.81% |
Basic Earnings Per Share | $0.55 | $0.58 | $0.49 |
Diluted Earnings Per Share | $0.54 | $0.57 | $0.48 |
COMMON SHARES | |||
Basic Shares Outstanding | 95.40M | 96.33M shares | 99.70M shares |
Diluted Shares Outstanding | 97.70M | 101.7M shares |
Balance Sheet
Concept | 2014 Q4 | 2014 Q3 | 2013 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $70.90M | $37.70M | $59.70M |
YoY Change | 8.24% | -36.85% | 38.19% |
Cash & Equivalents | $70.90M | $37.70M | $59.70M |
Short-Term Investments | |||
Other Short-Term Assets | $87.20M | $74.50M | $96.90M |
YoY Change | -6.44% | -23.12% | 53.57% |
Inventory | $290.1M | $300.7M | $260.3M |
Prepaid Expenses | |||
Receivables | $233.5M | $255.6M | $236.2M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $681.7M | $668.5M | $653.1M |
YoY Change | 3.85% | 2.36% | 11.79% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.238B | $1.178B | $995.3M |
YoY Change | 16.0% | 18.34% | 15.98% |
Goodwill | $53.60M | ||
YoY Change | -1.83% | ||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $34.20M | $24.30M | $22.30M |
YoY Change | 46.78% | 8.97% | 1.83% |
Other Assets | $22.50M | $28.80M | $15.80M |
YoY Change | -19.64% | 82.28% | -6.51% |
Total Long-Term Assets | $1.355B | $1.291B | $1.108B |
YoY Change | 14.83% | 16.51% | 12.78% |
TOTAL ASSETS | |||
Total Short-Term Assets | $681.7M | $668.5M | $653.1M |
Total Long-Term Assets | $1.355B | $1.291B | $1.108B |
Total Assets | $2.036B | $1.960B | $1.761B |
YoY Change | 10.91% | 11.26% | 12.41% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $175.0M | $131.2M | $108.3M |
YoY Change | 28.77% | 21.14% | 3.84% |
Accrued Expenses | $134.3M | $125.7M | $130.2M |
YoY Change | 3.47% | -3.46% | 20.44% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $1.300M | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $1.300M | $2.800M | $4.800M |
YoY Change | -56.67% | -41.67% | -71.93% |
Total Short-Term Liabilities | $310.6M | $259.7M | $243.3M |
YoY Change | 15.59% | 6.74% | 6.01% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $415.0M | $430.0M | $262.0M |
YoY Change | 42.12% | 64.12% | -6.19% |
Other Long-Term Liabilities | $122.2M | $142.9M | $136.3M |
YoY Change | 6.26% | 4.84% | 24.82% |
Total Long-Term Liabilities | $537.2M | $572.9M | $398.3M |
YoY Change | 31.99% | 43.84% | 264.74% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $310.6M | $259.7M | $243.3M |
Total Long-Term Liabilities | $537.2M | $572.9M | $398.3M |
Total Liabilities | $886.5M | $832.6M | $641.6M |
YoY Change | 31.2% | 29.77% | 3.82% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $845.5M | $589.0M | |
YoY Change | 32.92% | 43.2% | |
Common Stock | $679.5M | $645.9M | |
YoY Change | 5.63% | 5.33% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $305.4M | $97.60M | |
YoY Change | 135.47% | 148.98% | |
Treasury Stock Shares | $9.300M | 4.300M shares | |
Shareholders Equity | $1.150B | $1.127B | $1.120B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.036B | $1.960B | $1.761B |
YoY Change | 10.91% | 11.26% | 12.41% |
Cashflow Statement
Concept | 2014 Q4 | 2014 Q3 | 2013 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $52.90M | $55.80M | $48.70M |
YoY Change | 12.31% | 14.58% | 22.36% |
Depreciation, Depletion And Amortization | $18.60M | $17.80M | $14.70M |
YoY Change | 12.73% | 21.09% | 0.0% |
Cash From Operating Activities | $126.2M | $81.50M | $87.70M |
YoY Change | 63.9% | -7.07% | 14.34% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$65.70M | -$75.20M | -$41.10M |
YoY Change | 6.31% | 82.97% | -36.28% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$10.30M | $0.00 | |
YoY Change | |||
Cash From Investing Activities | -$76.00M | -$75.20M | -$41.10M |
YoY Change | 22.98% | 82.97% | -36.28% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -15.60M | -9.100M | -45.70M |
YoY Change | 48.57% | -80.09% | 1284.85% |
NET CHANGE | |||
Cash From Operating Activities | 126.2M | 81.50M | 87.70M |
Cash From Investing Activities | -76.00M | -75.20M | -41.10M |
Cash From Financing Activities | -15.60M | -9.100M | -45.70M |
Net Change In Cash | 34.60M | -2.800M | 900.0K |
YoY Change | 636.17% | -411.11% | -89.89% |
FREE CASH FLOW | |||
Cash From Operating Activities | $126.2M | $81.50M | $87.70M |
Capital Expenditures | -$65.70M | -$75.20M | -$41.10M |
Free Cash Flow | $191.9M | $156.7M | $128.8M |
YoY Change | 38.26% | 21.66% | -8.78% |
Facts In Submission
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|
4500000 | |
us-gaap |
Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
|
2400000 | ||
hxl |
Standard Product Warranty Accrual Period Decrease Excluding Warranties Issued
StandardProductWarrantyAccrualPeriodDecreaseExcludingWarrantiesIssued
|
1700000 | ||
CY2014Q2 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
5200000 | |
CY2014Q3 | us-gaap |
Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
|
1700000 | |
CY2014Q3 | hxl |
Standard Product Warranty Accrual Period Decrease Excluding Warranties Issued
StandardProductWarrantyAccrualPeriodDecreaseExcludingWarrantiesIssued
|
1000000 | |
CY2014Q3 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
5900000 |