2010 Q4 Form 10-K Financial Statement
#000093041313001003 Filed on February 22, 2013
Income Statement
| Concept | 2010 Q4 | 2010 |
|---|---|---|
| Revenue | $382.3M | $1.289B |
| YoY Change | 16.27% | 13.05% |
| Cost Of Revenue | $165.0M | $552.2M |
| YoY Change | 12.63% | 10.79% |
| Gross Profit | $217.3M | $736.2M |
| YoY Change | 19.2% | 14.78% |
| Gross Profit Margin | 56.84% | 57.14% |
| Selling, General & Admin | $154.8M | $543.2M |
| YoY Change | 18.17% | 13.88% |
| % of Gross Profit | 71.24% | 73.78% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $8.700M | $35.90M |
| YoY Change | 31.82% | 32.96% |
| % of Gross Profit | 4.0% | 4.88% |
| Operating Expenses | $163.4M | $579.1M |
| YoY Change | 18.66% | 14.9% |
| Operating Profit | $53.90M | $157.1M |
| YoY Change | 20.85% | 14.34% |
| Interest Expense | -$6.000M | -$15.60M |
| YoY Change | 106.9% | -2.5% |
| % of Operating Profit | -11.13% | -9.93% |
| Other Income/Expense, Net | -$300.0K | $400.0K |
| YoY Change | -25.0% | -113.79% |
| Pretax Income | $46.70M | $134.1M |
| YoY Change | 21.61% | 16.1% |
| Income Tax | $10.00M | $37.80M |
| % Of Pretax Income | 21.41% | 28.19% |
| Net Earnings | $36.70M | $96.30M |
| YoY Change | 42.8% | 16.02% |
| Net Earnings / Revenue | 9.6% | 7.47% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | $368.5K | $964.9K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 95.75M shares | |
| Diluted Shares Outstanding | 99.83M shares |
Balance Sheet
| Concept | 2010 Q4 | 2010 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $120.2M | $120.2M |
| YoY Change | 3.09% | 3.09% |
| Cash & Equivalents | $120.2M | $120.2M |
| Short-Term Investments | ||
| Other Short-Term Assets | $136.1M | $136.1M |
| YoY Change | 10.02% | 10.02% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $364.8M | $364.8M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $621.1M | $621.1M |
| YoY Change | 11.35% | 11.35% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $47.60M | $47.60M |
| YoY Change | -9.33% | -9.33% |
| Goodwill | $510.3M | |
| YoY Change | -0.65% | |
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $93.10M | $93.10M |
| YoY Change | 38.34% | 38.34% |
| Total Long-Term Assets | $97.19M | $664.6M |
| YoY Change | 7.73% | 1.08% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $621.1M | $621.1M |
| Total Long-Term Assets | $97.19M | $664.6M |
| Total Assets | $1.286B | $1.286B |
| YoY Change | 5.79% | 5.79% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $247.7M | $17.80M |
| YoY Change | -3.24% | -35.04% |
| Accrued Expenses | $169.0M | |
| YoY Change | 1.02% | |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $40.20M | $40.20M |
| YoY Change | -80.39% | -80.39% |
| Total Short-Term Liabilities | $811.2M | $811.2M |
| YoY Change | -9.69% | -9.69% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $180.0M | $180.0M |
| YoY Change | 45.16% | 45.16% |
| Other Long-Term Liabilities | $107.5M | $107.5M |
| YoY Change | 33.37% | 33.37% |
| Total Long-Term Liabilities | $287.5M | $287.5M |
| YoY Change | 40.52% | 40.52% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $811.2M | $811.2M |
| Total Long-Term Liabilities | $287.5M | $287.5M |
| Total Liabilities | $1.099B | $1.099B |
| YoY Change | -0.37% | -0.37% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $187.1M | $187.1M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $1.286B | $1.286B |
| YoY Change | 5.79% | 5.79% |
Cashflow Statement
| Concept | 2010 Q4 | 2010 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $36.70M | $96.30M |
| YoY Change | 42.8% | 16.02% |
| Depreciation, Depletion And Amortization | $8.700M | $35.90M |
| YoY Change | 31.82% | 32.96% |
| Cash From Operating Activities | $79.10M | $205.5M |
| YoY Change | 78.56% | 26.93% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$9.500M | -$21.70M |
| YoY Change | 137.5% | 43.71% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $0.00 | -$12.20M |
| YoY Change | -100.0% | -88.33% |
| Cash From Investing Activities | -$9.400M | -$33.80M |
| YoY Change | -91.34% | -71.76% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -98.10M | -171.6M |
| YoY Change | -243.21% | 132.52% |
| NET CHANGE | ||
| Cash From Operating Activities | 79.10M | 205.5M |
| Cash From Investing Activities | -9.400M | -33.80M |
| Cash From Financing Activities | -98.10M | -171.6M |
| Net Change In Cash | -28.40M | 100.0K |
| YoY Change | -776.19% | -100.32% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $79.10M | $205.5M |
| Capital Expenditures | -$9.500M | -$21.70M |
| Free Cash Flow | $88.60M | $227.2M |
| YoY Change | 83.44% | 28.36% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2010 | us-gaap |
Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
|
-3700000 | USD |
| CY2012 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
93444000 | shares |
| CY2011 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
96019000 | shares |
| CY2010 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
95747000 | shares |
| CY2012 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
95842000 | shares |
| CY2011 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
98846000 | shares |
| CY2010 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
99834000 | shares |
| CY2011Q4 | us-gaap |
Business Acquisition Purchase Price Allocation Amortizable Intangible Assets
BusinessAcquisitionPurchasePriceAllocationAmortizableIntangibleAssets
|
8535000 | USD |
| CY2011Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-10331000 | USD |
| CY2010Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-5908000 | USD |
| CY2010Q4 | us-gaap |
Goodwill
Goodwill
|
510265000 | USD |
| CY2012 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
7455000 | USD |
| CY2012Q4 | it |
Business Acquisition Purchase Price Allocation Intangible Assets And Goodwill
BusinessAcquisitionPurchasePriceAllocationIntangibleAssetsAndGoodwill
|
15990000 | USD |
| CY2012Q4 | it |
Business Acquisition Purchase Price Allocation Deferred Revenue
BusinessAcquisitionPurchasePriceAllocationDeferredRevenue
|
5321000 | USD |
| CY2012Q4 | us-gaap |
Lease Incentive Receivable Noncurrent
LeaseIncentiveReceivableNoncurrent
|
USD | |
| CY2011Q4 | us-gaap |
Lease Incentive Receivable Noncurrent
LeaseIncentiveReceivableNoncurrent
|
16062000 | USD |
| CY2012Q4 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
19586000 | USD |
| CY2011Q4 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
21046000 | USD |
| CY2012Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
191420000 | USD |
| CY2012 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
36400000 | USD |
| CY2011 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
32900000 | USD |
| CY2010 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
32600000 | USD |
| CY2012 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2398000 | shares |
| CY2011 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2827000 | shares |
| CY2010 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
4087000 | shares |
| CY2012Q4 | us-gaap |
Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
|
-9996000 | USD |
| CY2011Q4 | us-gaap |
Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
|
-9717000 | USD |
| CY2012 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
2600000 | USD |
| CY2011 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
2705000 | USD |
| CY2010 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
2430000 | USD |
| CY2012 | us-gaap |
Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
|
0.0320 | pure |
| CY2011 | us-gaap |
Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
|
0.0440 | pure |
| CY2010 | us-gaap |
Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
|
0.0395 | pure |
| CY2011Q4 | us-gaap |
Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
|
21160000 | USD |
| CY2010Q4 | us-gaap |
Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
|
19730000 | USD |
| CY2012 | it |
Defined Benefit Plan Actuarial Gains Losses
DefinedBenefitPlanActuarialGainsLosses
|
6265000 | USD |
| CY2011 | it |
Defined Benefit Plan Actuarial Gains Losses
DefinedBenefitPlanActuarialGainsLosses
|
-948000 | USD |
| CY2010 | it |
Defined Benefit Plan Actuarial Gains Losses
DefinedBenefitPlanActuarialGainsLosses
|
1100000 | USD |
| CY2012 | us-gaap |
Defined Benefit Plan Benefits Paid
DefinedBenefitPlanBenefitsPaid
|
680000 | USD |
| CY2011 | us-gaap |
Defined Benefit Plan Benefits Paid
DefinedBenefitPlanBenefitsPaid
|
390000 | USD |
| CY2010 | us-gaap |
Defined Benefit Plan Benefits Paid
DefinedBenefitPlanBenefitsPaid
|
220000 | USD |
| CY2012Q4 | us-gaap |
Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
|
31605000 | USD |
| CY2012Q4 | us-gaap |
Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
|
-8885000 | USD |
| CY2011Q4 | us-gaap |
Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
|
-2480000 | USD |
| CY2010Q4 | us-gaap |
Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
|
-2130000 | USD |
| CY2012Q4 | us-gaap |
Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
|
22720000 | USD |
| CY2011Q4 | us-gaap |
Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
|
18680000 | USD |
| CY2010Q4 | us-gaap |
Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
|
17600000 | USD |
| CY2012Q4 | us-gaap |
Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
|
22720000 | USD |
| CY2011Q4 | us-gaap |
Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
|
18680000 | USD |
| CY2010Q4 | us-gaap |
Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
|
17600000 | USD |
| CY2012Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
|
-1578000 | USD |
| CY2011Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
|
2488000 | USD |
| CY2010Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
|
2205000 | USD |
