2024 Q4 Form 10-Q Financial Statement

#000106569624000125 Filed on October 24, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $3.584B
YoY Change 0.45%
Cost Of Revenue $2.191B
YoY Change 0.6%
Gross Profit $1.393B
YoY Change 0.22%
Gross Profit Margin 38.87%
Selling, General & Admin $971.0M
YoY Change -0.82%
% of Gross Profit 69.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $100.0M
YoY Change 19.05%
% of Gross Profit 7.18%
Operating Expenses $971.0M
YoY Change -0.82%
Operating Profit $310.0M
YoY Change 0.65%
Interest Expense -$66.00M
YoY Change 6.45%
% of Operating Profit -21.29%
Other Income/Expense, Net -$58.00M
YoY Change 28.89%
Pretax Income $252.0M
YoY Change -4.18%
Income Tax $63.00M
% Of Pretax Income 25.0%
Net Earnings $192.0M
YoY Change -7.69%
Net Earnings / Revenue 5.36%
Basic Earnings Per Share $0.73
Diluted Earnings Per Share $0.73
COMMON SHARES
Basic Shares Outstanding 260.0M shares 263.3M shares
Diluted Shares Outstanding 262.6M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $353.0M
YoY Change -11.97%
Cash & Equivalents $353.0M
Short-Term Investments
Other Short-Term Assets $319.0M
YoY Change -45.56%
Inventory $3.132B
Prepaid Expenses
Receivables $1.341B
Other Receivables $0.00
Total Short-Term Assets $5.145B
YoY Change -2.67%
LONG-TERM ASSETS
Property, Plant & Equipment $1.574B
YoY Change 10.3%
Goodwill $5.629B
YoY Change 1.46%
Intangibles $1.228B
YoY Change 4.42%
Long-Term Investments $159.0M
YoY Change 0.63%
Other Assets $350.0M
YoY Change 32.08%
Total Long-Term Assets $10.32B
YoY Change 4.44%
TOTAL ASSETS
Total Short-Term Assets $5.145B
Total Long-Term Assets $10.32B
Total Assets $15.47B
YoY Change 1.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.814B
YoY Change 5.28%
Accrued Expenses $397.0M
YoY Change 9.37%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $44.00M
YoY Change -92.33%
Total Short-Term Liabilities $2.990B
YoY Change -15.99%
LONG-TERM LIABILITIES
Long-Term Debt $4.292B
YoY Change 14.06%
Other Long-Term Liabilities $320.0M
YoY Change 10.73%
Total Long-Term Liabilities $320.0M
YoY Change 10.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.990B
Total Long-Term Liabilities $320.0M
Total Liabilities $3.310B
YoY Change -13.98%
SHAREHOLDERS EQUITY
Retained Earnings $7.584B
YoY Change 5.42%
Common Stock $1.551B
YoY Change 1.37%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.706B
YoY Change 13.03%
Treasury Stock Shares
Shareholders Equity $6.234B
YoY Change
Total Liabilities & Shareholders Equity $15.47B
YoY Change 1.96%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $192.0M
YoY Change -7.69%
Depreciation, Depletion And Amortization $100.0M
YoY Change 19.05%
Cash From Operating Activities $420.0M
YoY Change -4.76%
INVESTING ACTIVITIES
Capital Expenditures $79.00M
YoY Change -18.56%
Acquisitions
YoY Change
Other Investing Activities -$43.00M
YoY Change -97.96%
Cash From Investing Activities -$122.0M
YoY Change -94.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -240.0M
YoY Change -182.19%
NET CHANGE
Cash From Operating Activities 420.0M
Cash From Investing Activities -122.0M
Cash From Financing Activities -240.0M
Net Change In Cash 58.00M
YoY Change -103.94%
FREE CASH FLOW
Cash From Operating Activities $420.0M
Capital Expenditures $79.00M
Free Cash Flow $341.0M
YoY Change -0.87%

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CY2024Q3 ecd Trd Arr Ind Name
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Dominick Zarcone
CY2024Q3 ecd Trd Arr Ind Title
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Director and Executive Officer
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CY2024Q3 ecd Trd Arr Adoption Date
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September 5, 2024
CY2024Q3 ecd Trd Arr Termination Date
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December 31, 2026
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CY2024Q3 ecd Trd Arr Securities Agg Avail Amt
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300000 shares

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