2017 Q1 Form 10-Q Financial Statement

#000075000417000072 Filed on May 01, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $725.4M $682.0M
YoY Change 6.36% 3.54%
Cost Of Revenue $280.0M $256.3M
YoY Change 9.25% 0.35%
Gross Profit $445.4M $425.7M
YoY Change 4.63% 5.55%
Gross Profit Margin 61.4% 62.42%
Selling, General & Admin $140.7M $142.3M
YoY Change -1.12% -2.47%
% of Gross Profit 31.59% 33.43%
Research & Development $42.40M $49.80M
YoY Change -14.86% 6.18%
% of Gross Profit 9.52% 11.7%
Depreciation & Amortization $165.1M $180.6M
YoY Change -8.58% -1.95%
% of Gross Profit 37.07% 42.42%
Operating Expenses $183.1M $192.1M
YoY Change -4.69% -0.36%
Operating Profit $88.00M $50.30M
YoY Change 74.95% 177.9%
Interest Expense -$149.9M $165.7M
YoY Change -190.46% 0.85%
% of Operating Profit -170.34% 329.42%
Other Income/Expense, Net $7.500M $700.0K
YoY Change 971.43% -112.5%
Pretax Income -$84.10M -$111.5M
YoY Change -24.57% -25.02%
Income Tax $16.70M -$19.20M
% Of Pretax Income
Net Earnings -$100.8M -$92.30M
YoY Change 9.21% 6.83%
Net Earnings / Revenue -13.9% -13.53%
Basic Earnings Per Share -$1.14 -$1.07
Diluted Earnings Per Share -$1.14 -$1.07
COMMON SHARES
Basic Shares Outstanding 88.20M shares 86.60M shares
Diluted Shares Outstanding 88.20M shares 86.60M shares

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $131.9M $145.7M
YoY Change -9.47% -3.64%
Cash & Equivalents $131.9M $145.7M
Short-Term Investments
Other Short-Term Assets $140.3M $145.9M
YoY Change -3.84% -44.06%
Inventory $253.5M $259.9M
Prepaid Expenses
Receivables $463.5M $472.1M
Other Receivables $131.0M $161.8M
Total Short-Term Assets $1.120B $1.185B
YoY Change -5.5% -11.09%
LONG-TERM ASSETS
Property, Plant & Equipment $584.7M $734.8M
YoY Change -20.43% -24.07%
Goodwill $2.906B $3.012B
YoY Change -3.52% -25.28%
Intangibles $1.762B $1.946B
YoY Change -9.46% -11.69%
Long-Term Investments $187.0M $231.7M
YoY Change -19.29% -13.48%
Other Assets $52.30M $47.60M
YoY Change 9.87% -80.88%
Total Long-Term Assets $5.953B $6.505B
YoY Change -8.49% -22.28%
TOTAL ASSETS
Total Short-Term Assets $1.120B $1.185B
Total Long-Term Assets $5.953B $6.505B
Total Assets $7.073B $7.691B
YoY Change -8.03% -20.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $182.9M $168.5M
YoY Change 8.55% 25.93%
Accrued Expenses $463.3M $450.6M
YoY Change 2.82% -2.49%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $39.30M $50.00M
YoY Change -21.4% -0.79%
Total Short-Term Liabilities $685.5M $669.1M
YoY Change 2.45% 3.53%
LONG-TERM LIABILITIES
Long-Term Debt $8.068B $8.137B
YoY Change -0.84% -3.68%
Other Long-Term Liabilities $238.9M $253.6M
YoY Change -5.8% 6.51%
Total Long-Term Liabilities $238.9M $253.6M
YoY Change -5.8% 6.51%
TOTAL LIABILITIES
Total Short-Term Liabilities $685.5M $669.1M
Total Long-Term Liabilities $238.9M $253.6M
Total Liabilities $9.068B $9.275B
YoY Change -2.22% -6.25%
SHAREHOLDERS EQUITY
Retained Earnings -$2.320B -$1.957B
YoY Change 18.51% 251.34%
Common Stock $796.0M $772.2M
YoY Change 3.08% 3.43%
Preferred Stock
YoY Change
Treasury Stock (at cost) $175.2M $175.2M
YoY Change 0.0% 0.0%
Treasury Stock Shares 17.20M shares 17.20M shares
Shareholders Equity -$1.995B -$1.584B
YoY Change
Total Liabilities & Shareholders Equity $7.073B $7.691B
YoY Change -8.03% -20.74%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income -$100.8M -$92.30M
YoY Change 9.21% 6.83%
Depreciation, Depletion And Amortization $165.1M $180.6M
YoY Change -8.58% -1.95%
Cash From Operating Activities $111.0M $101.1M
YoY Change 9.79% 29.95%
INVESTING ACTIVITIES
Capital Expenditures $61.30M $30.30M
YoY Change 102.31% -37.27%
Acquisitions $21.50M $0.00
YoY Change
Other Investing Activities -$2.000M -$1.500M
YoY Change 33.33%
Cash From Investing Activities -$79.50M -$48.20M
YoY Change 64.94% -29.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $12.50M
YoY Change 4.17%
Cash From Financing Activities -$15.10M -$37.10M
YoY Change -59.3% 38.95%
NET CHANGE
Cash From Operating Activities $111.0M $101.1M
Cash From Investing Activities -$79.50M -$48.20M
Cash From Financing Activities -$15.10M -$37.10M
Net Change In Cash $18.90M $15.80M
YoY Change 19.62% -191.86%
FREE CASH FLOW
Cash From Operating Activities $111.0M $101.1M
Capital Expenditures $61.30M $30.30M
Free Cash Flow $49.70M $70.80M
YoY Change -29.8% 140.0%

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CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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