2011 Q2 Form 10-Q Financial Statement

#000005164411000004 Filed on July 28, 2011

View on sec.gov

Income Statement

Concept 2011 Q2 2010 Q2
Revenue $1.741B $1.612B
YoY Change 8.0% 9.31%
Cost Of Revenue $1.096B $991.0M
YoY Change 10.57% 2.33%
Gross Profit $645.0M $620.7M
YoY Change 3.91% 22.67%
Gross Profit Margin 37.05% 38.51%
Selling, General & Admin $470.8M $442.9M
YoY Change 6.3% 8.26%
% of Gross Profit 72.99% 71.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $37.70M $36.80M
YoY Change 2.45% -13.82%
% of Gross Profit 5.84% 5.93%
Operating Expenses $470.8M $442.9M
YoY Change 6.3% 8.26%
Operating Profit $174.0M $177.2M
YoY Change -1.81% 82.87%
Interest Expense $33.10M $35.00M
YoY Change -5.43% -194.59%
% of Operating Profit 19.02% 19.75%
Other Income/Expense, Net -$18.10M -$31.00M
YoY Change -41.61% -856.1%
Pretax Income $155.9M $146.2M
YoY Change 6.63% 299.45%
Income Tax $47.60M $63.30M
% Of Pretax Income 30.53% 43.3%
Net Earnings $104.6M $82.50M
YoY Change 26.79% 196.76%
Net Earnings / Revenue 6.01% 5.12%
Basic Earnings Per Share $0.21 $0.22
Diluted Earnings Per Share $0.19 $0.15
COMMON SHARES
Basic Shares Outstanding 473.1M shares 473.0M shares
Diluted Shares Outstanding 546.9M shares 544.9M shares

Balance Sheet

Concept 2011 Q2 2010 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.824B $1.942B
YoY Change -6.08% 9.66%
Cash & Equivalents $1.810B $1.930B
Short-Term Investments $14.00M $13.00M
Other Short-Term Assets $260.1M $282.0M
YoY Change -7.77% -20.79%
Inventory
Prepaid Expenses
Receivables $4.161B $4.956B
Other Receivables $0.00 $0.00
Total Short-Term Assets $7.594B $7.181B
YoY Change 5.75% 13.02%
LONG-TERM ASSETS
Property, Plant & Equipment $450.8M $440.0M
YoY Change 2.45% -15.71%
Goodwill $3.427B
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $457.0M $805.0M
YoY Change -43.23% -9.65%
Total Long-Term Assets $4.708B $4.524B
YoY Change 4.06% -3.97%
TOTAL ASSETS
Total Short-Term Assets $7.594B $7.181B
Total Long-Term Assets $4.708B $4.524B
Total Assets $12.30B $11.71B
YoY Change 5.1% 5.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.065B $4.005B
YoY Change 1.49% 18.49%
Accrued Expenses $2.849B $2.445B
YoY Change 16.54% 10.88%
Deferred Revenue
YoY Change
Short-Term Debt $150.0M $92.00M
YoY Change 63.04% -32.85%
Long-Term Debt Due $448.6M $194.0M
YoY Change 131.24%
Total Short-Term Liabilities $7.513B $6.736B
YoY Change 11.53% 17.7%
LONG-TERM LIABILITIES
Long-Term Debt $1.168B $1.628B
YoY Change -28.27% -14.36%
Other Long-Term Liabilities $402.1M $864.0M
YoY Change -53.46% -5.98%
Total Long-Term Liabilities $1.570B $2.492B
YoY Change -37.0% -11.63%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.513B $6.736B
Total Long-Term Liabilities $1.570B $2.492B
Total Liabilities $9.534B $9.535B
YoY Change -0.01% 7.86%
SHAREHOLDERS EQUITY
Retained Earnings -$4.300M
YoY Change
Common Stock $48.10M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $153.1M
YoY Change
Treasury Stock Shares
Shareholders Equity $2.464B $2.170B
YoY Change
Total Liabilities & Shareholders Equity $12.30B $11.71B
YoY Change 5.1% 5.78%

Cashflow Statement

Concept 2011 Q2 2010 Q2
OPERATING ACTIVITIES
Net Income $104.6M $82.50M
YoY Change 26.79% 196.76%
Depreciation, Depletion And Amortization $37.70M $36.80M
YoY Change 2.45% -13.82%
Cash From Operating Activities $200.0M $353.3M
YoY Change -43.39% 51.05%
INVESTING ACTIVITIES
Capital Expenditures $36.20M $18.90M
YoY Change 91.53% -218.13%
Acquisitions
YoY Change
Other Investing Activities -$31.50M -$3.400M
YoY Change 826.47% -74.05%
Cash From Investing Activities -$67.70M -$22.30M
YoY Change 203.59% -23.37%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -175.3M -299.7M
YoY Change -41.51% 123.49%
NET CHANGE
Cash From Operating Activities 200.0M 353.3M
Cash From Investing Activities -67.70M -22.30M
Cash From Financing Activities -175.3M -299.7M
Net Change In Cash -43.00M 31.30M
YoY Change -237.38% -55.73%
FREE CASH FLOW
Cash From Operating Activities $200.0M $353.3M
Capital Expenditures $36.20M $18.90M
Free Cash Flow $163.8M $334.4M
YoY Change -51.02% 33.81%

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ipg Vendor Discounts And Credit Adjustments
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ipg Vendor Discounts And Credit Adjustments
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dei Amendment Flag
AmendmentFlag
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dei Current Fiscal Year End Date
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dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
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dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2011
dei Document Period End Date
DocumentPeriodEndDate
2011-06-30
dei Entity Registrant Name
EntityRegistrantName
INTERPUBLIC GROUP OF COMPANIES, INC.
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000051644

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