2022 Q3 Form 10-Q Financial Statement

#000157194922000013 Filed on August 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2021 Q4
Revenue $2.387B $2.413B $2.328B
YoY Change 4.83% 13.07% 39.32%
Cost Of Revenue $576.0M $599.0M $488.0M
YoY Change 21.26% 40.28% -13.17%
Gross Profit $1.811B $1.814B $1.840B
YoY Change 0.5% 6.27% 10.11%
Gross Profit Margin 75.87% 75.18% 79.04%
Selling, General & Admin $54.00M $57.00M $650.0M
YoY Change 3.85% -5.0% 5.01%
% of Gross Profit 2.98% 3.14% 35.33%
Research & Development $169.0M $169.0M
YoY Change 0.6% 2.42%
% of Gross Profit 9.33% 9.32%
Depreciation & Amortization $258.0M $256.0M $250.0M
YoY Change 1.98% 1.99% -2.72%
% of Gross Profit 14.25% 14.11% 13.59%
Operating Expenses $898.0M $945.0M $900.0M
YoY Change -2.81% 4.07% 2.74%
Operating Profit $913.0M $869.0M $940.0M
YoY Change 3.99% 8.76% 20.51%
Interest Expense $176.0M $161.0M -$187.0M
YoY Change 62.96% 51.89% 54.55%
% of Operating Profit 19.28% 18.53% -19.89%
Other Income/Expense, Net -$1.240B -$130.0M -$3.000M
YoY Change 2196.3% -111.47% -120.0%
Pretax Income -$327.0M $739.0M $2.109B
YoY Change -139.68% -61.75% 212.91%
Income Tax -$152.0M $173.0M $580.0M
% Of Pretax Income 23.41% 27.5%
Net Earnings -$191.0M $555.0M $1.527B
YoY Change -130.17% -55.67% 190.3%
Net Earnings / Revenue -8.0% 23.0% 65.59%
Basic Earnings Per Share -$0.34 $0.99
Diluted Earnings Per Share -$0.34 $0.99 $2.703M
COMMON SHARES
Basic Shares Outstanding 558.5M shares 558.0M shares 563.4M shares
Diluted Shares Outstanding 560.0M shares 560.0M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.183B $830.0M $607.0M
YoY Change 91.42% 37.87% 4.12%
Cash & Equivalents $1.183B $830.0M $607.0M
Short-Term Investments
Other Short-Term Assets $171.3B $174.2B $152.5B
YoY Change 54.62% 84.97% 78.54%
Inventory
Prepaid Expenses
Receivables $1.248B $1.371B $1.208B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $173.7B $176.4B $154.3B
YoY Change 54.11% 83.6% 76.91%
LONG-TERM ASSETS
Property, Plant & Equipment $1.720B $1.703B $1.699B
YoY Change -0.17% -2.41% -0.82%
Goodwill $21.08B $21.11B $21.12B
YoY Change -1.1% -0.98% -0.79%
Intangibles $13.21B $13.40B $13.74B
YoY Change -5.16% -4.97% -4.66%
Long-Term Investments $439.0M $1.500B $1.600B
YoY Change 945.24% 4311.76% 2153.52%
Other Assets $35.86B $37.13B $37.50B
YoY Change -0.99% 2.06% 0.63%
Total Long-Term Assets $37.58B $38.83B $39.20B
YoY Change -0.95% 1.86% 0.57%
TOTAL ASSETS
Total Short-Term Assets $173.7B $176.4B $154.3B
Total Long-Term Assets $37.58B $38.83B $39.20B
Total Assets $211.3B $215.2B $193.5B
YoY Change 40.24% 60.37% 53.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $788.0M $719.0M $703.0M
YoY Change 13.22% 13.05% 10.02%
Accrued Expenses $274.0M $220.0M $354.0M
YoY Change -0.36% 4.76% 2.31%
Deferred Revenue $315.0M $473.0M $194.0M
YoY Change -2.17% 10.51% 22.78%
Short-Term Debt $7.000M $4.000M $1.521B
YoY Change -99.62% -98.74% -36.91%
Long-Term Debt Due $7.000M $4.000M $1.521B
YoY Change -99.62% -98.74% -36.91%
Total Short-Term Liabilities $166.3B $169.4B $153.4B
YoY Change 48.46% 79.76% 74.33%
LONG-TERM LIABILITIES
Long-Term Debt $18.11B $18.11B $12.40B
YoY Change 46.14% 28.11% -12.24%
Other Long-Term Liabilities $417.0M $412.0M $394.0M
YoY Change 5.84% 3.26% 9.75%
Total Long-Term Liabilities $22.55B $22.92B $17.34B
YoY Change 33.04% 22.36% -6.63%
TOTAL LIABILITIES
Total Short-Term Liabilities $166.3B $169.4B $153.4B
Total Long-Term Liabilities $22.55B $22.92B $17.34B
Total Liabilities $188.9B $192.3B $170.8B
YoY Change 46.43% 70.24% 60.22%
SHAREHOLDERS EQUITY
Retained Earnings $14.73B $15.14B $14.35B
YoY Change 13.24% 20.47% 29.99%
Common Stock $6.000M $6.000M $6.000M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.224B $6.223B $5.520B
YoY Change 18.12% 18.15% 6.15%
Treasury Stock Shares 75.00M shares 70.00M shares
Shareholders Equity $22.38B $22.81B $22.71B
YoY Change
Total Liabilities & Shareholders Equity $211.3B $215.2B $193.5B
YoY Change 40.24% 60.37% 53.33%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2021 Q4
OPERATING ACTIVITIES
Net Income -$191.0M $555.0M $1.527B
YoY Change -130.17% -55.67% 190.3%
Depreciation, Depletion And Amortization $258.0M $256.0M $250.0M
YoY Change 1.98% 1.99% -2.72%
Cash From Operating Activities $737.0M $969.0M $993.0M
YoY Change 40.92% 11.0% -6.85%
INVESTING ACTIVITIES
Capital Expenditures -$121.0M -$101.0M -$124.0M
YoY Change 37.5% -18.55% -12.68%
Acquisitions
YoY Change
Other Investing Activities -$5.083B $2.062B -$1.534B
YoY Change 770.38% 15.58% -11057.14%
Cash From Investing Activities -$5.204B $1.961B -$1.658B
YoY Change 674.4% 18.13% 1195.31%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.865B 5.560B 64.95B
YoY Change -65.02% -4.88% -6830.98%
NET CHANGE
Cash From Operating Activities 737.0M 969.0M 993.0M
Cash From Investing Activities -5.204B 1.961B -1.658B
Cash From Financing Activities -2.865B 5.560B 64.95B
Net Change In Cash -7.332B 8.490B 64.29B
YoY Change -12.08% 1.34% -238207.41%
FREE CASH FLOW
Cash From Operating Activities $737.0M $969.0M $993.0M
Capital Expenditures -$121.0M -$101.0M -$124.0M
Free Cash Flow $858.0M $1.070B $1.117B
YoY Change 40.43% 7.32% -7.53%

Facts In Submission

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