2011 Q3 Form 10-Q Financial Statement
#000119312511268435 Filed on October 11, 2011
Income Statement
| Concept | 2011 Q3 | 2010 Q3 |
|---|---|---|
| Revenue | $820.2M | $825.0M |
| YoY Change | -0.58% | 14.47% |
| Cost Of Revenue | $754.9M | $751.8M |
| YoY Change | 0.41% | -2.46% |
| Gross Profit | $65.30M | $73.10M |
| YoY Change | -10.67% | -245.91% |
| Gross Profit Margin | 7.96% | 8.86% |
| Selling, General & Admin | $22.80M | $24.00M |
| YoY Change | -5.0% | -13.04% |
| % of Gross Profit | 34.92% | 32.83% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $4.600M | $3.300M |
| YoY Change | 39.39% | -15.38% |
| % of Gross Profit | 7.04% | 4.51% |
| Operating Expenses | $19.50M | $23.70M |
| YoY Change | -17.72% | -58.35% |
| Operating Profit | $46.86M | $49.40M |
| YoY Change | -5.15% | -146.17% |
| Interest Expense | -$21.70M | -$10.00M |
| YoY Change | 117.0% | -84.54% |
| % of Operating Profit | -46.31% | -20.24% |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $24.08M | $39.40M |
| YoY Change | -38.89% | -122.96% |
| Income Tax | $579.0K | $605.0K |
| % Of Pretax Income | 2.4% | 1.54% |
| Net Earnings | $20.73M | $30.00M |
| YoY Change | -30.9% | -117.48% |
| Net Earnings / Revenue | 2.53% | 3.64% |
| Basic Earnings Per Share | $0.11 | |
| Diluted Earnings Per Share | $0.11 | $155.4K |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding | 195.2M shares |
Balance Sheet
| Concept | 2011 Q3 | 2010 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $870.0M | $928.0M |
| YoY Change | -6.25% | -30.59% |
| Cash & Equivalents | $927.3M | $928.0M |
| Short-Term Investments | ||
| Other Short-Term Assets | ||
| YoY Change | ||
| Inventory | $4.265B | $4.274B |
| Prepaid Expenses | ||
| Receivables | $56.00M | $61.00M |
| Other Receivables | $0.00 | $12.00M |
| Total Short-Term Assets | $5.191B | $5.275B |
| YoY Change | -1.59% | -6.97% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | ||
| YoY Change | ||
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $796.0M | $744.0M |
| YoY Change | 6.99% | 14.29% |
| Other Assets | $9.000M | $131.0M |
| YoY Change | -93.13% | 219.51% |
| Total Long-Term Assets | $3.533B | $3.005B |
| YoY Change | 17.58% | 111.91% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $5.191B | $5.275B |
| Total Long-Term Assets | $3.533B | $3.005B |
| Total Assets | $8.724B | $8.280B |
| YoY Change | 5.36% | 16.82% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $197.0M | $200.0M |
| YoY Change | -1.5% | -7.41% |
| Accrued Expenses | ||
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $197.0M | $200.0M |
| YoY Change | -1.5% | -7.41% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $4.109B | $3.482B |
| YoY Change | 18.01% | 21.66% |
| Other Long-Term Liabilities | $1.138B | $1.529B |
| YoY Change | -25.57% | 6.7% |
| Total Long-Term Liabilities | $5.247B | $5.011B |
| YoY Change | 4.71% | 16.67% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $197.0M | $200.0M |
| Total Long-Term Liabilities | $5.247B | $5.011B |
| Total Liabilities | $5.444B | $5.211B |
| YoY Change | 4.46% | 11.31% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $933.6M | |
| YoY Change | ||
| Common Stock | $2.332B | |
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | $615.5M | |
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $2.670B | $2.502B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $8.724B | $8.280B |
| YoY Change | 5.36% | 16.82% |
Cashflow Statement
| Concept | 2011 Q3 | 2010 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $20.73M | $30.00M |
| YoY Change | -30.9% | -117.48% |
| Depreciation, Depletion And Amortization | $4.600M | $3.300M |
| YoY Change | 39.39% | -15.38% |
| Cash From Operating Activities | -$120.2M | -$85.60M |
| YoY Change | 40.42% | -163.79% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$2.000M | $300.0K |
| YoY Change | -766.67% | -250.0% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$64.00M | -$114.3M |
| YoY Change | -44.01% | -16.2% |
| Cash From Investing Activities | -$66.00M | -$114.0M |
| YoY Change | -42.11% | -16.61% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -17.90M | -19.90M |
| YoY Change | -10.05% | -78.78% |
| NET CHANGE | ||
| Cash From Operating Activities | -120.2M | -85.60M |
| Cash From Investing Activities | -66.00M | -114.0M |
| Cash From Financing Activities | -17.90M | -19.90M |
| Net Change In Cash | -204.1M | -219.5M |
| YoY Change | -7.02% | 127.93% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$120.2M | -$85.60M |
| Capital Expenditures | -$2.000M | $300.0K |
| Free Cash Flow | -$118.2M | -$85.90M |
| YoY Change | 37.6% | -163.91% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2011Q3 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
184665 | |
| CY2010Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
2310339000 | |
| CY2011Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
2332374000 | |
| CY2010Q4 | us-gaap |
Assets
Assets
|
8787851000 | |
| CY2011Q3 | us-gaap |
Assets
Assets
|
8724018000 | |
| CY2010Q4 | us-gaap |
Liabilities
Liabilities
|
5593468000 | |
| CY2011Q3 | us-gaap |
Liabilities
Liabilities
|
5443731000 | |
| CY2010Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
8787851000 | |
| CY2011Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
8724018000 | |
| CY2010Q4 | us-gaap |
Minority Interest
MinorityInterest
|
585434000 | |
| CY2011Q3 | us-gaap |
Minority Interest
MinorityInterest
|
609796000 | |
| us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
14710000 | ||
| CY2010Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
8795000 | |
| us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
25152000 | ||
| CY2011Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2770000 | |
| CY2010Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
| CY2011Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
| CY2010Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
894108000 | |
| CY2011Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
933604000 | |
| us-gaap |
Revenues
Revenues
|
2213898000 | ||
| CY2010Q3 | us-gaap |
Revenues
Revenues
|
824975000 | |
| us-gaap |
Revenues
Revenues
|
2142731000 | ||
| CY2011Q3 | us-gaap |
Revenues
Revenues
|
820193000 | |
| CY2010Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2608949000 | |
| CY2011Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2670491000 | |
| CY2010Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3194383000 | |
| CY2011Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3280287000 | |
| CY2010Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
615496000 | |
| CY2011Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
615525000 |
