2019 Q4 Form 10-K Financial Statement
#000119312520050268 Filed on February 26, 2020
Income Statement
| Concept | 2019 Q4 | 2018 Q4 | 2017 Q4 |
|---|---|---|---|
| Revenue | $8.122B | $7.851B | $8.048B |
| YoY Change | 3.45% | -2.45% | 9.62% |
| Cost Of Revenue | $6.599B | $5.689B | $6.379B |
| YoY Change | 16.0% | -10.82% | 13.55% |
| Gross Profit | $1.523B | $2.162B | $1.669B |
| YoY Change | -29.56% | 29.54% | -3.19% |
| Gross Profit Margin | 18.75% | 27.54% | 20.74% |
| Selling, General & Admin | $699.0M | $643.0M | $687.0M |
| YoY Change | 8.71% | -6.4% | -5.89% |
| % of Gross Profit | 45.9% | 29.74% | 41.16% |
| Research & Development | $5.000M | $6.000M | $154.0M |
| YoY Change | -16.67% | -96.1% | 710.53% |
| % of Gross Profit | 0.33% | 0.28% | 9.23% |
| Depreciation & Amortization | $397.0M | $410.0M | $1.037B |
| YoY Change | -3.17% | -60.46% | 159.9% |
| % of Gross Profit | 26.07% | 18.96% | 62.13% |
| Operating Expenses | $1.136B | $1.086B | $1.878B |
| YoY Change | 4.6% | -42.17% | 63.59% |
| Operating Profit | $387.0M | $1.076B | -$209.0M |
| YoY Change | -64.03% | -614.83% | -136.28% |
| Interest Expense | -$31.00M | $4.000M | $7.000M |
| YoY Change | -875.0% | -42.86% | -150.0% |
| % of Operating Profit | -8.01% | 0.37% | |
| Other Income/Expense, Net | -$3.000M | -$3.000M | -$8.000M |
| YoY Change | 0.0% | -62.5% | -900.0% |
| Pretax Income | $365.0M | $1.086B | -$209.0M |
| YoY Change | -66.39% | -619.62% | -112.57% |
| Income Tax | $94.00M | $233.0M | -$72.00M |
| % Of Pretax Income | 25.75% | 21.45% | |
| Net Earnings | $271.0M | $853.0M | -$137.0M |
| YoY Change | -68.23% | -722.63% | -109.49% |
| Net Earnings / Revenue | 3.34% | 10.86% | -1.7% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $361.3K | $1.080M | -$164.1K |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2019 Q4 | 2018 Q4 | 2017 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $1.718B | $988.0M | $1.195B |
| YoY Change | 73.89% | -17.32% | 205.63% |
| Cash & Equivalents | $1.718B | $988.0M | $1.195B |
| Short-Term Investments | |||
| Other Short-Term Assets | $616.0M | $541.0M | $425.0M |
| YoY Change | 13.86% | 27.29% | -9.19% |
| Inventory | $1.296B | $1.297B | $1.075B |
| Prepaid Expenses | |||
| Receivables | $2.699B | $2.529B | $2.712B |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $6.329B | $5.355B | $5.407B |
| YoY Change | 18.19% | -0.96% | 41.14% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $34.20B | $34.23B | $34.47B |
| YoY Change | -0.06% | -0.72% | -5.12% |
| Goodwill | $186.0M | $186.0M | |
| YoY Change | 0.0% | 0.0% | |
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $595.0M | $857.0M | $865.0M |
| YoY Change | -30.57% | -0.92% | -16.02% |
| Other Assets | $318.0M | $833.0M | $670.0M |
| YoY Change | -61.82% | 24.33% | 144.53% |
| Total Long-Term Assets | $35.86B | $36.10B | $36.19B |
| YoY Change | -0.67% | -0.26% | -4.31% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $6.329B | $5.355B | $5.407B |
| Total Long-Term Assets | $35.86B | $36.10B | $36.19B |
| Total Assets | $42.19B | $41.46B | $41.60B |
| YoY Change | 1.76% | -0.35% | -0.13% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $4.130B | $3.688B | $3.440B |
| YoY Change | 11.98% | 7.21% | 22.99% |
| Accrued Expenses | $115.0M | $437.0M | |
| YoY Change | 10.35% | ||
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $111.0M | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $133.0M | $202.0M | $202.0M |
| YoY Change | -34.16% | 0.0% | 0.0% |
| Total Short-Term Liabilities | $4.595B | $3.955B | $4.136B |
| YoY Change | 16.18% | -4.38% | 6.52% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $4.447B | $4.447B | $4.447B |
| YoY Change | 0.0% | 0.0% | 0.0% |
| Other Long-Term Liabilities | $3.637B | $2.943B | $3.780B |
| YoY Change | 23.58% | -22.14% | 3.39% |
| Total Long-Term Liabilities | $8.084B | $7.390B | $8.227B |
| YoY Change | 9.39% | -10.17% | 1.53% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $4.595B | $3.955B | $4.136B |
| Total Long-Term Liabilities | $8.084B | $7.390B | $8.227B |
| Total Liabilities | $17.91B | $16.97B | $17.17B |
| YoY Change | 5.56% | -1.16% | 3.2% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $24.56B | $24.71B | |
| YoY Change | -0.62% | -2.52% | |
| Common Stock | $1.375B | $1.446B | $1.536B |
| YoY Change | -4.91% | -5.86% | -1.92% |
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $24.28B | $24.49B | $24.44B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $42.19B | $41.46B | $41.60B |
| YoY Change | 1.76% | -0.35% | -0.13% |
Cashflow Statement
| Concept | 2019 Q4 | 2018 Q4 | 2017 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $271.0M | $853.0M | -$137.0M |
| YoY Change | -68.23% | -722.63% | -109.49% |
| Depreciation, Depletion And Amortization | $397.0M | $410.0M | $1.037B |
| YoY Change | -3.17% | -60.46% | 159.9% |
| Cash From Operating Activities | $1.024B | $871.0M | $1.080B |
| YoY Change | 17.57% | -19.35% | 43.81% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$394.0M | -$436.0M | -$310.0M |
| YoY Change | -9.63% | 40.65% | 72.22% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$5.000M | -$27.00M | -$17.00M |
| YoY Change | -81.48% | 58.82% | -100.96% |
| Cash From Investing Activities | -$399.0M | -$463.0M | -$327.0M |
| YoY Change | -13.82% | 41.59% | -120.48% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -438.0M | -568.0M | -391.0M |
| YoY Change | -22.89% | 45.27% | -82.27% |
| NET CHANGE | |||
| Cash From Operating Activities | 1.024B | 871.0M | 1.080B |
| Cash From Investing Activities | -399.0M | -463.0M | -327.0M |
| Cash From Financing Activities | -438.0M | -568.0M | -391.0M |
| Net Change In Cash | 187.0M | -160.0M | 362.0M |
| YoY Change | -216.88% | -144.2% | 153.15% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $1.024B | $871.0M | $1.080B |
| Capital Expenditures | -$394.0M | -$436.0M | -$310.0M |
| Free Cash Flow | $1.418B | $1.307B | $1.390B |
| YoY Change | 8.49% | -5.97% | 49.3% |
Facts In Submission
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