2024 Q2 Form 10-Q Financial Statement

#000103797624000021 Filed on May 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $5.629B $5.125B
YoY Change 11.4% 8.67%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $5.403B $4.948B
YoY Change 11.82% 7.45%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $62.30M $61.00M
YoY Change 4.01% 6.09%
% of Gross Profit
Operating Expenses $5.476B $5.010B
YoY Change 11.69% 6.65%
Operating Profit $152.4M $114.2M
YoY Change 2.14% 541.57%
Interest Expense -$57.10M -$34.20M
YoY Change -60.35% 18.34%
% of Operating Profit -37.47% -29.95%
Other Income/Expense, Net $9.700M $1.500M
YoY Change -908.33% 1400.0%
Pretax Income $105.0M $81.50M
YoY Change 2525.0% -840.91%
Income Tax $20.50M $15.90M
% Of Pretax Income 19.52% 19.51%
Net Earnings $84.40M $66.10M
YoY Change 3276.0% -818.48%
Net Earnings / Revenue 1.5% 1.29%
Basic Earnings Per Share $1.77 $1.39
Diluted Earnings Per Share $1.75 $1.37
COMMON SHARES
Basic Shares Outstanding 47.56M shares 47.44M shares
Diluted Shares Outstanding 48.32M shares 48.28M shares

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $424.4M $396.7M
YoY Change 5.44% -18.27%
Cash & Equivalents $424.4M $396.7M
Short-Term Investments
Other Short-Term Assets $582.3M $590.6M
YoY Change -1.85% -5.59%
Inventory
Prepaid Expenses
Receivables $1.912B $1.915B
Other Receivables $3.406B $3.090B
Total Short-Term Assets $6.634B $6.315B
YoY Change -1.07% -6.74%
LONG-TERM ASSETS
Property, Plant & Equipment $596.9M $600.1M
YoY Change 1.95% 2.37%
Goodwill $4.609B $4.569B
YoY Change 0.69% 0.55%
Intangibles $743.9M $762.6M
YoY Change -9.4% -8.46%
Long-Term Investments $819.7M $816.2M
YoY Change -6.07% -8.91%
Other Assets $204.2M $204.7M
YoY Change 16.55% 18.26%
Total Long-Term Assets $9.275B $9.167B
YoY Change 1.7% 0.99%
TOTAL ASSETS
Total Short-Term Assets $6.634B $6.315B
Total Long-Term Assets $9.275B $9.167B
Total Assets $15.91B $15.48B
YoY Change 0.53% -2.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.154B $1.233B
YoY Change 9.43% 11.01%
Accrued Expenses $1.254B $1.251B
YoY Change -3.98% -2.52%
Deferred Revenue
YoY Change
Short-Term Debt $126.2M $124.6M
YoY Change 12.58% 19.46%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.514B $5.099B
YoY Change 0.42% -3.15%
LONG-TERM LIABILITIES
Long-Term Debt $2.030B $2.152B
YoY Change -8.61% -12.85%
Other Long-Term Liabilities $424.4M $425.7M
YoY Change 9.78% 4.21%
Total Long-Term Liabilities $424.4M $425.7M
YoY Change 9.78% 4.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.514B $5.099B
Total Long-Term Liabilities $424.4M $425.7M
Total Liabilities $9.411B $9.075B
YoY Change -2.31% -6.32%
SHAREHOLDERS EQUITY
Retained Earnings $5.942B $5.858B
YoY Change 6.72% 5.23%
Common Stock $2.014B $1.976B
YoY Change -0.1% -0.28%
Preferred Stock
YoY Change
Treasury Stock (at cost) $913.6M $901.2M
YoY Change 1.99% 2.0%
Treasury Stock Shares
Shareholders Equity $6.379B $6.294B
YoY Change
Total Liabilities & Shareholders Equity $15.91B $15.48B
YoY Change 0.53% -2.31%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $84.40M $66.10M
YoY Change 3276.0% -818.48%
Depreciation, Depletion And Amortization $62.30M $61.00M
YoY Change 4.01% 6.09%
Cash From Operating Activities $273.9M -$677.5M
YoY Change 15.57% -5.42%
INVESTING ACTIVITIES
Capital Expenditures $38.20M $43.20M
YoY Change -1.8% -12.37%
Acquisitions
YoY Change
Other Investing Activities -$61.60M -$600.0K
YoY Change 28.87% -154.55%
Cash From Investing Activities -$99.80M -$54.30M
YoY Change 15.11% -26.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -136.8M $703.4M
YoY Change -49.59% -9.27%
NET CHANGE
Cash From Operating Activities 273.9M -$677.5M
Cash From Investing Activities -99.80M -$54.30M
Cash From Financing Activities -136.8M $703.4M
Net Change In Cash 37.30M -$38.10M
YoY Change -130.8% 262.86%
FREE CASH FLOW
Cash From Operating Activities $273.9M -$677.5M
Capital Expenditures $38.20M $43.20M
Free Cash Flow $235.7M -$720.7M
YoY Change 18.98% -5.86%

Facts In Submission

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