2017 Q1 Form 10-Q Financial Statement

#000103797617000020 Filed on May 05, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $3.118B $1.337B
YoY Change 133.22% 11.08%
Cost Of Revenue $1.501B
YoY Change
Gross Profit $1.616B
YoY Change
Gross Profit Margin 51.84%
Selling, General & Admin $1.557B $1.269B
YoY Change 22.74% 12.75%
% of Gross Profit 96.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $39.30M $31.20M
YoY Change 25.96% 25.3%
% of Gross Profit 2.43%
Operating Expenses $3.102B $1.307B
YoY Change 137.29% 13.61%
Operating Profit $15.40M $29.40M
YoY Change -47.62% -44.21%
Interest Expense -$7.400M $4.100M
YoY Change -280.49% -32.1%
% of Operating Profit -48.05% 13.95%
Other Income/Expense, Net $1.000M
YoY Change
Pretax Income $9.000M $33.50M
YoY Change -73.13% -42.24%
Income Tax $1.300M $8.300M
% Of Pretax Income 14.44% 24.78%
Net Earnings $7.200M $25.70M
YoY Change -71.98% -38.66%
Net Earnings / Revenue 0.23% 1.92%
Basic Earnings Per Share $0.16 $0.57
Diluted Earnings Per Share $0.16 $0.56
COMMON SHARES
Basic Shares Outstanding 45.26M shares 45.10M shares
Diluted Shares Outstanding 45.69M shares 45.48M shares

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $223.0M $240.0M
YoY Change -7.08% 21.21%
Cash & Equivalents $223.1M $240.4M
Short-Term Investments
Other Short-Term Assets $157.6M $143.4M
YoY Change 9.9% 313.67%
Inventory
Prepaid Expenses $93.50M $97.70M
Receivables $1.724B $1.422B
Other Receivables $598.0M $560.0M
Total Short-Term Assets $2.796B $2.463B
YoY Change 13.52% 19.5%
LONG-TERM ASSETS
Property, Plant & Equipment $507.0M $437.6M
YoY Change 15.86% 23.68%
Goodwill $2.624B $2.264B
YoY Change 15.9% 21.05%
Intangibles $308.2M $234.4M
YoY Change 31.48% 551.11%
Long-Term Investments $352.0M $360.0M
YoY Change -2.22% 18.03%
Other Assets $73.70M $80.20M
YoY Change -8.1% 26.09%
Total Long-Term Assets $4.440B $3.884B
YoY Change 14.32% 32.31%
TOTAL ASSETS
Total Short-Term Assets $2.796B $2.463B
Total Long-Term Assets $4.440B $3.884B
Total Assets $7.236B $6.347B
YoY Change 14.01% 27.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $806.0M $644.0M
YoY Change 25.16% 17.52%
Accrued Expenses $736.0M $684.0M
YoY Change 7.6% 8.74%
Deferred Revenue
YoY Change
Short-Term Debt $62.50M $23.60M
YoY Change 164.83% 11.24%
Long-Term Debt Due $63.00M $24.00M
YoY Change 162.5% 14.29%
Total Short-Term Liabilities $2.231B $2.026B
YoY Change 10.09% 19.51%
LONG-TERM LIABILITIES
Long-Term Debt $1.429B $1.058B
YoY Change 35.07% 73.44%
Other Long-Term Liabilities $162.5M $229.3M
YoY Change -29.13% 103.87%
Total Long-Term Liabilities $162.5M $229.3M
YoY Change -29.13% 103.87%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.231B $2.026B
Total Long-Term Liabilities $162.5M $229.3M
Total Liabilities $4.334B $3.545B
YoY Change 22.26% 34.3%
SHAREHOLDERS EQUITY
Retained Earnings $2.343B $2.070B
YoY Change 13.17% 23.72%
Common Stock $1.020B $995.4M
YoY Change 2.47% 2.78%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.866B $2.737B
YoY Change
Total Liabilities & Shareholders Equity $7.236B $6.347B
YoY Change 14.01% 27.03%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $7.200M $25.70M
YoY Change -71.98% -38.66%
Depreciation, Depletion And Amortization $39.30M $31.20M
YoY Change 25.96% 25.3%
Cash From Operating Activities -$211.6M -$336.9M
YoY Change -37.19% 0.33%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $34.40M
YoY Change -100.0% -279.17%
Acquisitions $16.60M $76.50M
YoY Change -78.3%
Other Investing Activities $2.200M $2.600M
YoY Change -15.38% -137.68%
Cash From Investing Activities -$49.70M -$184.3M
YoY Change -73.03% 777.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $216.9M $540.3M
YoY Change -59.86% 72.4%
NET CHANGE
Cash From Operating Activities -$211.6M -$336.9M
Cash From Investing Activities -$49.70M -$184.3M
Cash From Financing Activities $216.9M $540.3M
Net Change In Cash -$40.30M $19.10M
YoY Change -310.99% -144.01%
FREE CASH FLOW
Cash From Operating Activities -$211.6M -$336.9M
Capital Expenditures $0.00 $34.40M
Free Cash Flow -$211.6M -$371.3M
YoY Change -43.01% 17.28%

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