2017 Q1 Form 10-Q Financial Statement

#000104360417000067 Filed on May 08, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $1.221B $1.098B
YoY Change 11.21% 2.86%
Cost Of Revenue $474.4M $407.0M
YoY Change 16.56% -0.76%
Gross Profit $746.6M $690.9M
YoY Change 8.06% 5.11%
Gross Profit Margin 61.15% 62.93%
Selling, General & Admin $294.7M $291.2M
YoY Change 1.2% 5.74%
% of Gross Profit 39.47% 42.15%
Research & Development $276.2M $251.0M
YoY Change 10.04% 0.92%
% of Gross Profit 36.99% 36.33%
Depreciation & Amortization $55.80M $47.00M
YoY Change 18.72% -1.05%
% of Gross Profit 7.47% 6.8%
Operating Expenses $590.3M $542.2M
YoY Change 8.87% 3.18%
Operating Profit $156.3M $148.7M
YoY Change 5.11% 12.82%
Interest Expense $25.30M $22.50M
YoY Change 12.44% 21.62%
% of Operating Profit 16.19% 15.13%
Other Income/Expense, Net -$15.70M -$22.20M
YoY Change -29.28% 40.51%
Pretax Income $140.6M $126.5M
YoY Change 11.15% 9.05%
Income Tax $31.80M $35.10M
% Of Pretax Income 22.62% 27.75%
Net Earnings $108.8M $91.40M
YoY Change 19.04% 13.97%
Net Earnings / Revenue 8.91% 8.32%
Basic Earnings Per Share $0.29 $0.24
Diluted Earnings Per Share $0.28 $0.23
COMMON SHARES
Basic Shares Outstanding 380.9M shares 383.2M shares
Diluted Shares Outstanding 388.0M shares 389.3M shares

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $2.242B $1.646B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $98.40M $98.10M
Prepaid Expenses
Receivables $670.9M $783.9M
Other Receivables
Total Short-Term Assets $3.994B $3.274B
YoY Change 21.98% 5.56%
LONG-TERM ASSETS
Property, Plant & Equipment $1.050B $1.047B
YoY Change 0.3% 14.81%
Goodwill $3.079B $2.981B
YoY Change 3.29% 0.0%
Intangibles $125.9M $30.60M
YoY Change 311.44% -39.41%
Long-Term Investments
YoY Change
Other Assets $235.6M $376.8M
YoY Change -37.47% 13.05%
Total Long-Term Assets $5.644B $5.644B
YoY Change 0.01% 1.41%
TOTAL ASSETS
Total Short-Term Assets $3.994B $3.274B
Total Long-Term Assets $5.644B $5.644B
Total Assets $9.638B $8.918B
YoY Change 8.08% 2.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $201.9M $233.0M
YoY Change -13.35% 4.2%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.583B $1.515B
YoY Change 4.44% -14.41%
LONG-TERM LIABILITIES
Long-Term Debt $2.134B $2.132B
YoY Change 0.12% 29.3%
Other Long-Term Liabilities $185.4M $75.40M
YoY Change 145.89% -43.01%
Total Long-Term Liabilities $2.320B $2.207B
YoY Change 5.1% 23.93%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.583B $1.515B
Total Long-Term Liabilities $2.320B $2.207B
Total Liabilities $4.620B $4.280B
YoY Change 7.94% 5.68%
SHAREHOLDERS EQUITY
Retained Earnings -$3.249B -$3.685B
YoY Change -11.84% -6.43%
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 $9.638B $8.918B
YoY Change 8.08% 2.9%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $108.8M $91.40M
YoY Change 19.04% 13.97%
Depreciation, Depletion And Amortization $55.80M $47.00M
YoY Change 18.72% -1.05%
Cash From Operating Activities $546.6M $172.4M
YoY Change 217.05% -21.39%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions $0.00
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$9.700M -$57.20M
YoY Change -83.04% -74.15%
FINANCING ACTIVITIES
Cash Dividend Paid $38.00M $38.30M
YoY Change -0.78% -6.13%
Common Stock Issuance & Retirement, Net $96.00M $51.40M
YoY Change 86.77% -86.13%
Debt Paid & Issued, Net $0.00 $300.0M
YoY Change -100.0%
Cash From Financing Activities -$134.0M $104.3M
YoY Change -228.48% -43.71%
NET CHANGE
Cash From Operating Activities $546.6M $172.4M
Cash From Investing Activities -$9.700M -$57.20M
Cash From Financing Activities -$134.0M $104.3M
Net Change In Cash $410.1M $219.5M
YoY Change 86.83% 19.75%
FREE CASH FLOW
Cash From Operating Activities $546.6M $172.4M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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