2016 Q2 Form 10-Q Financial Statement

#000104360416000291 Filed on August 04, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q2
Revenue $1.221B $1.222B
YoY Change -0.07% -0.59%
Cost Of Revenue $464.9M $440.7M
YoY Change 5.49% -8.44%
Gross Profit $756.4M $781.5M
YoY Change -3.21% 4.45%
Gross Profit Margin 61.93% 63.94%
Selling, General & Admin $302.3M $288.7M
YoY Change 4.71% -9.38%
% of Gross Profit 39.97% 36.94%
Research & Development $247.9M $251.6M
YoY Change -1.47% -1.53%
% of Gross Profit 32.77% 32.19%
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $552.6M $538.4M
YoY Change 2.64% -14.85%
Operating Profit $203.8M $243.1M
YoY Change -16.17% 109.75%
Interest Expense $25.00M $21.80M
YoY Change 14.68% 22.47%
% of Operating Profit 12.27% 8.97%
Other Income/Expense, Net -$11.60M -$17.10M
YoY Change -32.16% -109.57%
Pretax Income $192.2M $226.0M
YoY Change -14.96% -23.26%
Income Tax $52.20M $68.00M
% Of Pretax Income 27.16% 30.09%
Net Earnings $140.0M $158.0M
YoY Change -11.39% -28.54%
Net Earnings / Revenue 11.46% 12.93%
Basic Earnings Per Share $0.37 $0.41
Diluted Earnings Per Share $0.36 $0.40
COMMON SHARES
Basic Shares Outstanding 382.8M shares 389.9M shares
Diluted Shares Outstanding 386.3M shares 397.2M shares

Balance Sheet

Concept 2016 Q2 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.757B $1.330B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $110.5M $77.40M
Prepaid Expenses
Receivables $750.3M $533.0M
Other Receivables
Total Short-Term Assets $3.454B $2.727B
YoY Change 26.66% -22.04%
LONG-TERM ASSETS
Property, Plant & Equipment $1.067B $921.2M
YoY Change 15.78% 3.52%
Goodwill $3.002B $2.981B
YoY Change 0.68% -26.78%
Intangibles $69.10M $44.80M
YoY Change 54.24% -57.45%
Long-Term Investments
YoY Change
Other Assets $259.4M $334.6M
YoY Change -22.47% 100.96%
Total Long-Term Assets $5.609B $5.556B
YoY Change 0.96% -16.32%
TOTAL ASSETS
Total Short-Term Assets $3.454B $2.727B
Total Long-Term Assets $5.609B $5.556B
Total Assets $9.063B $8.283B
YoY Change 9.42% -18.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $228.4M $222.6M
YoY Change 2.61% -9.62%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $299.9M
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.582B $1.763B
YoY Change -10.25% 12.01%
LONG-TERM LIABILITIES
Long-Term Debt $2.133B $1.649B
YoY Change 29.34% 22.23%
Other Long-Term Liabilities $109.9M $134.5M
YoY Change -18.29% 25.0%
Total Long-Term Liabilities $2.242B $1.783B
YoY Change 25.75% 22.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.582B $1.763B
Total Long-Term Liabilities $2.242B $1.783B
Total Liabilities $4.387B $4.035B
YoY Change 8.72% 14.44%
SHAREHOLDERS EQUITY
Retained Earnings -$3.596B -$4.058B
YoY Change -11.37% 48.8%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity
YoY Change
Total Liabilities & Shareholders Equity $9.063B $8.283B
YoY Change 9.42% -18.29%

Cashflow Statement

Concept 2016 Q2 2015 Q2
OPERATING ACTIVITIES
Net Income $140.0M $158.0M
YoY Change -11.39% -28.54%
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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5600000 USD
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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us-gaap Proceeds From Sale And Collection Of Receivables
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us-gaap Repayments Of Long Term Debt
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us-gaap Research And Development Expense
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us-gaap Sales Revenue Services Net
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us-gaap Sales Revenue Services Net
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us-gaap Selling And Marketing Expense
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us-gaap Share Based Compensation
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3000000 shares
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
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29.37
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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4300000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
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200000 shares
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
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P1Y8M12D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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P1Y9M18D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
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P1Y9M18D
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100000 shares
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100000 shares
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
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13500000 USD
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0 USD
us-gaap Unrealized Gain Loss On Marketable Securities Cost Method Investments And Other Investments
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0 USD
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0 USD
us-gaap Unrealized Gain Loss On Marketable Securities Cost Method Investments And Other Investments
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0 USD
CY2016Q2 us-gaap Unrecognized Tax Benefits
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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383000000 shares

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