2013 Q3 Form 10-Q Financial Statement

#000119312513324451 Filed on August 07, 2013

View on sec.gov

Income Statement

Concept 2013 Q3 2013 Q2 2012 Q4
Revenue $419.1M $481.1M $396.8M
YoY Change -11.38% -11.77% -9.28%
Cost Of Revenue $371.9M $471.5M $347.2M
YoY Change -3.88% 23.43% 42.7%
Gross Profit $47.20M $9.600M $49.60M
YoY Change -45.12% -94.12% -74.45%
Gross Profit Margin 11.26% 2.0% 12.5%
Selling, General & Admin $44.70M $49.30M $58.10M
YoY Change 3.23% 4.67% 15.51%
% of Gross Profit 94.7% 513.54% 117.14%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.60M $12.40M $12.40M
YoY Change 9.57% 3.33% 6.9%
% of Gross Profit 26.69% 129.17% 25.0%
Operating Expenses $83.90M $49.30M $47.00M
YoY Change 93.76% 4.67% -10.31%
Operating Profit -$36.70M -$47.70M $2.600M
YoY Change -195.32% -143.13% -98.17%
Interest Expense $4.500M $5.700M -$8.700M
YoY Change -35.71% -14.93% 335.0%
% of Operating Profit -334.62%
Other Income/Expense, Net
YoY Change
Pretax Income -$43.50M -$53.10M -$7.100M
YoY Change -228.7% -153.8% -105.12%
Income Tax -$13.60M -$19.20M $11.00M
% Of Pretax Income
Net Earnings -$29.90M -$33.90M -$18.10M
YoY Change -184.94% -152.56% -121.1%
Net Earnings / Revenue -7.13% -7.05% -4.56%
Basic Earnings Per Share
Diluted Earnings Per Share -$258.0K -$292.5K -$156.2K
COMMON SHARES
Basic Shares Outstanding 115.9M shares 115.9M shares 115.9M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q3 2013 Q2 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $59.80M $102.0M $282.7M
YoY Change -46.08% 11.35% 173.4%
Cash & Equivalents $59.80M $102.0M $282.7M
Short-Term Investments $0.00
Other Short-Term Assets $31.40M $13.20M $16.60M
YoY Change 35.34% -26.26% -5.14%
Inventory $393.4M $449.8M $638.3M
Prepaid Expenses
Receivables $275.4M $316.2M $228.6M
Other Receivables $61.50M $44.30M $57.20M
Total Short-Term Assets $821.5M $925.5M $1.223B
YoY Change -22.1% -22.14% 41.43%
LONG-TERM ASSETS
Property, Plant & Equipment $524.0M $507.9M $522.5M
YoY Change 6.63% 8.78% 7.62%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $140.4M $119.0M $131.5M
YoY Change -27.96% -33.22% -29.9%
Other Assets $187.9M $24.60M $29.10M
YoY Change 706.44% -80.65% 74.25%
Total Long-Term Assets $852.3M $308.9M $281.1M
YoY Change 73.87% -66.68% -40.62%
TOTAL ASSETS
Total Short-Term Assets $821.5M $925.5M $1.223B
Total Long-Term Assets $852.3M $308.9M $281.1M
Total Assets $1.674B $1.742B $2.027B
YoY Change -17.8% -17.65% 11.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $118.7M $154.6M $161.3M
YoY Change -22.52% -41.68% -13.56%
Accrued Expenses $79.40M $33.50M $44.70M
YoY Change 65.42% -15.83% -14.37%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $20.70M $20.90M $21.20M
YoY Change -3.72% -3.69% 863.64%
Total Short-Term Liabilities $297.4M $275.7M $328.4M
YoY Change -2.65% -29.67% 0.12%
LONG-TERM LIABILITIES
Long-Term Debt $203.3M $286.9M $378.9M
YoY Change -51.14% -39.64% 4.41%
Other Long-Term Liabilities $229.4M $30.60M $30.30M
YoY Change 691.03% -80.84% 10.58%
Total Long-Term Liabilities $432.7M $529.7M $636.5M
YoY Change -29.65% -16.58% 11.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $297.4M $275.7M $328.4M
Total Long-Term Liabilities $432.7M $529.7M $636.5M
Total Liabilities $753.3M $805.4M $964.9M
YoY Change -18.17% -24.15% 7.26%
SHAREHOLDERS EQUITY
Retained Earnings -$250.9M -$141.1M
YoY Change -51.36%
Common Stock $1.200M $1.200M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $920.5M $936.9M $1.062B
YoY Change
Total Liabilities & Shareholders Equity $1.674B $1.742B $2.027B
YoY Change -17.8% -17.65% 11.14%

Cashflow Statement

Concept 2013 Q3 2013 Q2 2012 Q4
OPERATING ACTIVITIES
Net Income -$29.90M -$33.90M -$18.10M
YoY Change -184.94% -152.56% -121.1%
Depreciation, Depletion And Amortization $12.60M $12.40M $12.40M
YoY Change 9.57% 3.33% 6.9%
Cash From Operating Activities $75.90M $24.20M $19.40M
YoY Change -39.04% -35.81% -62.84%
INVESTING ACTIVITIES
Capital Expenditures -$16.10M -$14.80M -$29.30M
YoY Change 18.38% 72.09% -2.01%
Acquisitions
YoY Change
Other Investing Activities $200.0K -$400.0K $236.6M
YoY Change -101.63% -87.5% -1709.52%
Cash From Investing Activities -$15.90M -$15.20M $207.3M
YoY Change -38.61% 28.81% -564.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -103.7M -10.00M -55.30M
YoY Change 26.77% -151.55% 52.34%
NET CHANGE
Cash From Operating Activities 75.90M 24.20M 19.40M
Cash From Investing Activities -15.90M -15.20M 207.3M
Cash From Financing Activities -103.7M -10.00M -55.30M
Net Change In Cash -43.70M -1.000M 171.4M
YoY Change -360.12% -102.21% -697.21%
FREE CASH FLOW
Cash From Operating Activities $75.90M $24.20M $19.40M
Capital Expenditures -$16.10M -$14.80M -$29.30M
Free Cash Flow $92.00M $39.00M $48.70M
YoY Change -33.38% -15.77% -40.68%

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