2022 Q3 Form 10-Q Financial Statement

#000103797622000024 Filed on August 03, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2021 Q4
Revenue $5.178B $5.278B $5.946B
YoY Change 5.9% 17.43% 22.71%
Cost Of Revenue $2.342B
YoY Change 11.62%
Gross Profit $3.604B
YoY Change 31.17%
Gross Profit Margin 60.61%
Selling, General & Admin $4.898B $4.962B $3.067B
YoY Change 100.45% 124.46% 33.8%
% of Gross Profit 85.11%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $55.70M $55.40M $57.20M
YoY Change 5.49% 1.65% -4.03%
% of Gross Profit 1.59%
Operating Expenses $4.975B $5.043B $3.124B
YoY Change 8.24% 18.09% 32.84%
Operating Profit $202.6M $235.1M $479.4M
YoY Change -30.83% 4.81% 21.24%
Interest Expense -$22.70M $37.90M $93.20M
YoY Change -391.03% 25.5% -2218.18%
% of Operating Profit -11.2% 16.12% 19.44%
Other Income/Expense, Net $500.0K $135.3M -$2.100M
YoY Change -61.54% -67750.0% -132.31%
Pretax Income $180.4M $408.3M $536.7M
YoY Change -40.26% 60.56% 62.19%
Income Tax $42.30M $72.80M $115.9M
% Of Pretax Income 23.45% 17.83% 21.59%
Net Earnings $140.2M $193.9M $421.4M
YoY Change -40.89% -3.05% 68.49%
Net Earnings / Revenue 2.71% 3.67% 7.09%
Basic Earnings Per Share $2.93 $3.98
Diluted Earnings Per Share $2.88 $3.90 $8.143M
COMMON SHARES
Basic Shares Outstanding 47.92M shares 48.72M shares 50.47M shares
Diluted Shares Outstanding 48.63M shares 49.65M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $489.4M $568.0M $593.7M
YoY Change -8.68% 14.98% 3.43%
Cash & Equivalents $489.4M $568.0M $593.7M
Short-Term Investments
Other Short-Term Assets $707.8M $552.3M $500.7M
YoY Change -64.5% -69.99% -74.69%
Inventory
Prepaid Expenses
Receivables $1.913B $1.860B $2.004B
Other Receivables $2.890B $2.815B $2.946B
Total Short-Term Assets $6.370B $6.150B $6.388B
YoY Change -12.15% 15.42% -1.02%
LONG-TERM ASSETS
Property, Plant & Equipment $731.5M $731.7M $740.0M
YoY Change 5.49% 7.0% 11.46%
Goodwill $4.455B $4.520B $4.612B
YoY Change 5.76% 7.49% 9.16%
Intangibles $861.6M $871.9M $887.0M
YoY Change 26.59% 29.65% 30.48%
Long-Term Investments $890.9M $901.9M $745.7M
YoY Change 37.78% 46.89% 73.02%
Other Assets $217.5M $230.5M $233.6M
YoY Change 13.46% 23.53% 28.14%
Total Long-Term Assets $9.009B $9.123B $9.117B
YoY Change 9.91% 12.25% 15.95%
TOTAL ASSETS
Total Short-Term Assets $6.370B $6.150B $6.388B
Total Long-Term Assets $9.009B $9.123B $9.117B
Total Assets $15.38B $15.27B $15.51B
YoY Change -0.45% 13.51% 8.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $858.4M $947.0M $1.263B
YoY Change -15.12% -8.47% 2.67%
Accrued Expenses $1.660B $1.504B $2.183B
YoY Change 0.73% 13.17% 36.54%
Deferred Revenue
YoY Change
Short-Term Debt $244.2M $403.1M $422.6M
YoY Change -89.22% -43.55% 581.61%
Long-Term Debt Due $0.00 $274.8M $274.7M
YoY Change -100.0% 168.1%
Total Short-Term Liabilities $5.404B $5.337B $6.487B
YoY Change -19.0% 14.97% 5.85%
LONG-TERM LIABILITIES
Long-Term Debt $1.929B $1.729B $533.8M
YoY Change 116.59% 68.72% -22.97%
Other Long-Term Liabilities $554.1M $547.1M $577.7M
YoY Change -6.21% -4.85% -3.31%
Total Long-Term Liabilities $554.1M $547.1M $577.7M
YoY Change -6.21% -4.85% -3.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.404B $5.337B $6.487B
Total Long-Term Liabilities $554.1M $547.1M $577.7M
Total Liabilities $9.369B $9.118B $9.084B
YoY Change -1.25% 20.81% 4.43%
SHAREHOLDERS EQUITY
Retained Earnings $5.416B $5.275B $4.938B
YoY Change 19.92% 23.29% 24.19%
Common Stock $2.035B $2.051B $2.054B
YoY Change 0.04% 0.49% 1.5%
Preferred Stock
YoY Change
Treasury Stock (at cost) $950.9M $824.7M $406.3M
YoY Change 267.0% 574.33% 322.79%
Treasury Stock Shares 4.569M shares 3.843M shares 2.053M shares
Shareholders Equity $5.772B $5.913B $6.185B
YoY Change
Total Liabilities & Shareholders Equity $15.38B $15.27B $15.51B
YoY Change -0.45% 13.51% 8.3%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2021 Q4
OPERATING ACTIVITIES
Net Income $140.2M $193.9M $421.4M
YoY Change -40.89% -3.05% 68.49%
Depreciation, Depletion And Amortization $55.70M $55.40M $57.20M
YoY Change 5.49% 1.65% -4.03%
Cash From Operating Activities $137.5M $177.0M $762.1M
YoY Change -69.87% -17.94% 1.4%
INVESTING ACTIVITIES
Capital Expenditures -$49.10M -$40.30M -$64.30M
YoY Change 17.46% 14.49% 74.25%
Acquisitions
YoY Change
Other Investing Activities -$35.60M $71.20M -$425.5M
YoY Change -41.06% -188.12% 4378.95%
Cash From Investing Activities -$84.70M $30.90M -$489.8M
YoY Change -17.12% -126.64% 955.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -100.8M -205.2M -183.1M
YoY Change -63.4% 230.97% -65.28%
NET CHANGE
Cash From Operating Activities 137.5M 177.0M 762.1M
Cash From Investing Activities -84.70M 30.90M -489.8M
Cash From Financing Activities -100.8M -205.2M -183.1M
Net Change In Cash -48.00M 2.700M 89.20M
YoY Change -160.91% -92.84% -49.83%
FREE CASH FLOW
Cash From Operating Activities $137.5M $177.0M $762.1M
Capital Expenditures -$49.10M -$40.30M -$64.30M
Free Cash Flow $186.6M $217.3M $826.4M
YoY Change -62.55% -13.39% 4.81%

Facts In Submission

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