2017 Q2 Form 10-Q Financial Statement

#000102056917000028 Filed on July 28, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $949.8M $883.7M
YoY Change 7.47% 16.32%
Cost Of Revenue $414.3M $395.6M
YoY Change 4.73% 21.24%
Gross Profit $535.5M $488.1M
YoY Change 9.71% 12.6%
Gross Profit Margin 56.38% 55.23%
Selling, General & Admin $237.4M $277.1M
YoY Change -14.3% 28.34%
% of Gross Profit 44.34% 56.77%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $128.1M $115.0M
YoY Change 11.37% 31.38%
% of Gross Profit 23.92% 23.57%
Operating Expenses $237.4M $277.1M
YoY Change -14.3% 28.34%
Operating Profit $170.2M $96.63M
YoY Change 76.14% -25.39%
Interest Expense -$69.80M -$92.10M
YoY Change -24.21% 36.04%
% of Operating Profit -41.01% -95.32%
Other Income/Expense, Net $19.37M -$25.64M
YoY Change -175.53% 1179.49%
Pretax Income $99.60M -$3.900M
YoY Change -2653.85% -106.35%
Income Tax $18.01M $10.84M
% Of Pretax Income 18.08%
Net Earnings $81.12M -$13.13M
YoY Change -717.7% -124.32%
Net Earnings / Revenue 8.54% -1.49%
Basic Earnings Per Share $0.30 -$0.06
Diluted Earnings Per Share $0.30 -$0.06
COMMON SHARES
Basic Shares Outstanding 264.2M shares 246.4M shares
Diluted Shares Outstanding 264.9M shares 246.4M shares

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $291.0M $237.0M
YoY Change 22.78% 92.68%
Cash & Equivalents $291.0M $237.0M
Short-Term Investments
Other Short-Term Assets $184.5M $197.9M
YoY Change -6.77% 22.62%
Inventory
Prepaid Expenses
Receivables $730.4M $710.5M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.206B $1.289B
YoY Change -6.48% 47.4%
LONG-TERM ASSETS
Property, Plant & Equipment $3.175B $3.196B
YoY Change -0.65% 28.21%
Goodwill $3.989B $3.840B
YoY Change 3.87% 60.76%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $147.6M $104.5M
YoY Change 41.19% 289.41%
Total Long-Term Assets $8.609B $8.452B
YoY Change 1.86% 53.55%
TOTAL ASSETS
Total Short-Term Assets $1.206B $1.289B
Total Long-Term Assets $8.609B $8.452B
Total Assets $9.815B $9.741B
YoY Change 0.76% 52.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $247.1M $220.1M
YoY Change 12.27% 35.68%
Accrued Expenses $579.1M $415.5M
YoY Change 39.35% 24.48%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $423.3M $112.5M
YoY Change 276.21% 60.73%
Total Short-Term Liabilities $1.475B $982.0M
YoY Change 50.16% 30.57%
LONG-TERM LIABILITIES
Long-Term Debt $6.029B $6.103B
YoY Change -1.21% 29.33%
Other Long-Term Liabilities $85.95M $86.37M
YoY Change -0.49% 9.15%
Total Long-Term Liabilities $6.115B $6.189B
YoY Change -1.2% 7722.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.475B $982.0M
Total Long-Term Liabilities $6.115B $6.189B
Total Liabilities $7.590B $7.171B
YoY Change 5.83% 762.72%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $3.508B $3.495B
YoY Change 0.35% 117.72%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.856B $2.221B
YoY Change
Total Liabilities & Shareholders Equity $9.815B $9.741B
YoY Change 0.76% 51.67%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income $81.12M -$13.13M
YoY Change -717.7% -124.32%
Depreciation, Depletion And Amortization $128.1M $115.0M
YoY Change 11.37% 31.38%
Cash From Operating Activities $197.9M $125.7M
YoY Change 57.44% -27.84%
INVESTING ACTIVITIES
Capital Expenditures $92.01M $82.81M
YoY Change 11.1% 28.23%
Acquisitions $26.04M $257.2M
YoY Change -89.88% 1583.0%
Other Investing Activities -$17.60M -$202.9M
YoY Change -91.33% -4001.92%
Cash From Investing Activities -$116.7M -$295.3M
YoY Change -60.48% 296.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -98.30M 293.6M
YoY Change -133.48% -381.23%
NET CHANGE
Cash From Operating Activities 197.9M 125.7M
Cash From Investing Activities -116.7M -295.3M
Cash From Financing Activities -98.30M 293.6M
Net Change In Cash -17.10M 124.0M
YoY Change -113.79% -2795.65%
FREE CASH FLOW
Cash From Operating Activities $197.9M $125.7M
Capital Expenditures $92.01M $82.81M
Free Cash Flow $105.9M $42.89M
YoY Change 146.92% -60.88%

Facts In Submission

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dei Amendment Flag
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false
dei Current Fiscal Year End Date
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dei Document Fiscal Period Focus
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dei Document Fiscal Year Focus
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dei Document Period End Date
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dei Document Type
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dei Entity Registrant Name
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P2Y2M1D
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us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
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us-gaap Income Loss From Equity Method Investments
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us-gaap Income Loss From Subsidiaries Net Of Tax
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7511000 USD
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41020000 USD
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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