2012 Q1 Form 10-Q Financial Statement

#000110465912033646 Filed on May 07, 2012

View on sec.gov

Income Statement

Concept 2012 Q1 2011 Q1
Revenue $116.5M $95.41M
YoY Change 22.15%
Cost Of Revenue $7.300M $20.00M
YoY Change -63.5%
Gross Profit $108.4M $72.60M
YoY Change 49.31%
Gross Profit Margin 93.01% 76.09%
Selling, General & Admin $39.30M $13.30M
YoY Change 195.49% 22.02%
% of Gross Profit 36.25% 18.32%
Research & Development $39.60M $8.400M
YoY Change 371.43% -67.94%
% of Gross Profit 36.53% 11.57%
Depreciation & Amortization $33.84M $33.11M
YoY Change 2.22% 417.33%
% of Gross Profit 31.22% 45.6%
Operating Expenses $113.6M $54.80M
YoY Change 107.3% 25.98%
Operating Profit -$5.200M $17.80M
YoY Change -129.21% -140.92%
Interest Expense $13.06M $20.26M
YoY Change -35.54% -188.85%
% of Operating Profit 113.81%
Other Income/Expense, Net -$748.0K $23.00K
YoY Change -3352.17% -98.23%
Pretax Income -$21.26M -$68.16M
YoY Change -68.82% 4.86%
Income Tax $16.29M -$13.51M
% Of Pretax Income
Net Earnings -$37.54M -$54.65M
YoY Change -31.31% -16.18%
Net Earnings / Revenue -32.21% -57.28%
Basic Earnings Per Share -$0.10
Diluted Earnings Per Share -$0.10 -$147.4K
COMMON SHARES
Basic Shares Outstanding 369.2M shares
Diluted Shares Outstanding 369.2M shares

Balance Sheet

Concept 2012 Q1 2011 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $745.3M $290.7M
YoY Change 156.38%
Cash & Equivalents $745.3M $290.7M
Short-Term Investments
Other Short-Term Assets $91.60M $117.3M
YoY Change -21.91%
Inventory $40.20M $29.60M
Prepaid Expenses
Receivables $126.5M $120.6M
Other Receivables $2.700M $112.3M
Total Short-Term Assets $1.006B $670.4M
YoY Change 50.1%
LONG-TERM ASSETS
Property, Plant & Equipment $1.394B $1.082B
YoY Change 28.78%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.500M
YoY Change
Other Assets $64.90M $61.30M
YoY Change 5.87%
Total Long-Term Assets $1.459B $1.167B
YoY Change 25.01%
TOTAL ASSETS
Total Short-Term Assets $1.006B $670.4M
Total Long-Term Assets $1.459B $1.167B
Total Assets $2.465B $1.837B
YoY Change 34.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $201.3M $108.2M
YoY Change 86.04%
Accrued Expenses $39.56M $41.70M
YoY Change -5.14%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $265.2M $177.8M
YoY Change 49.14%
LONG-TERM LIABILITIES
Long-Term Debt $1.110B $1.300B
YoY Change -14.62%
Other Long-Term Liabilities $8.154M $35.60M
YoY Change -77.1%
Total Long-Term Liabilities $1.195B $1.336B
YoY Change -10.51%
TOTAL LIABILITIES
Total Short-Term Liabilities $265.2M $177.8M
Total Long-Term Liabilities $1.195B $1.336B
Total Liabilities $1.460B $1.526B
YoY Change -4.3%
SHAREHOLDERS EQUITY
Retained Earnings -$653.7M
YoY Change
Common Stock $1.655B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.000K
YoY Change
Treasury Stock Shares
Shareholders Equity $1.005B $311.3M
YoY Change
Total Liabilities & Shareholders Equity $2.465B $1.837B
YoY Change 34.17%

Cashflow Statement

Concept 2012 Q1 2011 Q1
OPERATING ACTIVITIES
Net Income -$37.54M -$54.65M
YoY Change -31.31% -16.18%
Depreciation, Depletion And Amortization $33.84M $33.11M
YoY Change 2.22% 417.33%
Cash From Operating Activities $144.9M -$10.00M
YoY Change -1549.0% -90.1%
INVESTING ACTIVITIES
Capital Expenditures -$71.20M -$116.1M
YoY Change -38.67% 4.22%
Acquisitions
YoY Change
Other Investing Activities $100.0K $113.7M
YoY Change -99.91% -184.28%
Cash From Investing Activities -$71.10M -$2.300M
YoY Change 2991.3% -99.07%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $1.138B
YoY Change
Cash From Financing Activities -1.600M 202.7M
YoY Change -100.79% -53.93%
NET CHANGE
Cash From Operating Activities 144.9M -10.00M
Cash From Investing Activities -71.10M -2.300M
Cash From Financing Activities -1.600M 202.7M
Net Change In Cash 72.20M 190.4M
YoY Change -62.08% 105.39%
FREE CASH FLOW
Cash From Operating Activities $144.9M -$10.00M
Capital Expenditures -$71.20M -$116.1M
Free Cash Flow $216.1M $106.1M
YoY Change 103.68% 920.19%

Facts In Submission

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