2015 Q4 Form 10-Q Financial Statement

#000104360415000170 Filed on November 05, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q3
Revenue $1.320B $1.249B $1.126B
YoY Change 19.79% 10.9% -5.04%
Cost Of Revenue $477.2M $451.2M $411.1M
YoY Change 11.89% 9.75% -6.38%
Gross Profit $842.4M $797.4M $714.8M
YoY Change 24.78% 11.56% -4.25%
Gross Profit Margin 63.84% 63.86% 63.49%
Selling, General & Admin $316.2M $292.4M $304.2M
YoY Change 11.5% -3.88% -8.07%
% of Gross Profit 37.54% 36.67% 42.56%
Research & Development $247.2M $247.0M $253.2M
YoY Change 5.87% -2.45% -4.31%
% of Gross Profit 29.34% 30.98% 35.42%
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $563.3M $539.4M $542.4M
YoY Change -59.09% -0.55% -9.83%
Operating Profit $279.1M $258.0M $172.4M
YoY Change -139.77% 49.65% 18.9%
Interest Expense $21.60M $16.90M
YoY Change 27.81% 19.01%
% of Operating Profit 8.37% 9.8%
Other Income/Expense, Net -$18.50M -$8.400M -$6.800M
YoY Change -350.0% 23.53% -9.33%
Pretax Income $260.6M $249.6M $165.6M
YoY Change -137.53% 50.72% 20.44%
Income Tax $62.80M $51.90M $62.00M
% Of Pretax Income 24.1% 20.79% 37.44%
Net Earnings $197.8M $197.7M $103.6M
YoY Change -125.7% 90.83% 4.54%
Net Earnings / Revenue 14.99% 15.83% 9.2%
Basic Earnings Per Share $0.52 $0.52 $0.23
Diluted Earnings Per Share $0.51 $0.51 $0.23
COMMON SHARES
Basic Shares Outstanding 385.9M shares 382.8M shares 448.4M shares
Diluted Shares Outstanding 389.2M shares 454.8M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.421B $1.454B $1.616B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $75.00M $72.30M $50.60M
Prepaid Expenses
Receivables $780.7M $577.5M $617.0M
Other Receivables
Total Short-Term Assets $2.912B $2.898B $3.063B
YoY Change 3.62% -5.39% -16.77%
LONG-TERM ASSETS
Property, Plant & Equipment $1.021B $959.9M $888.8M
YoY Change 12.91% 8.0% 2.37%
Goodwill $2.981B $2.981B $3.912B
YoY Change -0.01% -23.79% -3.6%
Intangibles $33.90M $39.20M $90.80M
YoY Change -45.67% -56.83% -21.66%
Long-Term Investments
YoY Change
Other Assets $378.9M $329.9M $162.9M
YoY Change 10.31% 102.52% -16.2%
Total Long-Term Assets $5.696B $5.608B $6.506B
YoY Change 4.11% -13.8% -0.18%
TOTAL ASSETS
Total Short-Term Assets $2.912B $2.898B $3.063B
Total Long-Term Assets $5.696B $5.608B $6.506B
Total Assets $8.608B $8.506B $9.569B
YoY Change 3.94% -11.11% -6.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $159.3M $209.1M $242.2M
YoY Change -32.1% -13.67% 17.8%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $299.9M $299.9M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.802B $1.735B $1.449B
YoY Change 19.06% 19.73% 3.46%
LONG-TERM LIABILITIES
Long-Term Debt $1.638B $1.649B $1.349B
YoY Change 21.39% 22.23% 34.98%
Other Long-Term Liabilities $61.60M $198.7M $80.90M
YoY Change 124.0% 145.61% 2.02%
Total Long-Term Liabilities $1.699B $1.847B $1.430B
YoY Change 23.44% 29.21% 32.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.802B $1.735B $1.449B
Total Long-Term Liabilities $1.699B $1.847B $1.430B
Total Liabilities $4.034B $4.078B $3.379B
YoY Change 19.96% 20.69% 17.07%
SHAREHOLDERS EQUITY
Retained Earnings -$3.741B -$3.887B -$2.964B
YoY Change -3.11% 31.15% 9.41%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.574B
YoY Change
Total Liabilities & Shareholders Equity $8.608B $8.506B $9.569B
YoY Change 3.94% -11.11% -6.17%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income $197.8M $197.7M $103.6M
YoY Change -125.7% 90.83% 4.54%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

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