2024 Q2 Form 10-Q Financial Statement

#000155837024011097 Filed on August 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q2
Revenue $497.0M
YoY Change 0.61%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $323.0M
YoY Change -2.71%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.00M
YoY Change -4.76%
% of Gross Profit
Operating Expenses $323.0M
YoY Change -28.85%
Operating Profit $33.00M
YoY Change -17.5%
Interest Expense $49.00M
YoY Change 390.0%
% of Operating Profit 148.48%
Other Income/Expense, Net $48.00M
YoY Change -4900.0%
Pretax Income $81.00M
YoY Change 65.31%
Income Tax $14.00M
% Of Pretax Income 17.28%
Net Earnings $49.00M
YoY Change 390.0%
Net Earnings / Revenue 9.86%
Basic Earnings Per Share $0.64
Diluted Earnings Per Share $0.63
COMMON SHARES
Basic Shares Outstanding 77.00M
Diluted Shares Outstanding 78.00M

Balance Sheet

Concept 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.193B
YoY Change 1.97%
Cash & Equivalents $1.193B
Short-Term Investments
Other Short-Term Assets $65.00M
YoY Change 41.3%
Inventory
Prepaid Expenses
Receivables $227.0M
Other Receivables $45.00M
Total Short-Term Assets $1.556B
YoY Change 3.25%
LONG-TERM ASSETS
Property, Plant & Equipment $79.00M
YoY Change -17.71%
Goodwill $1.381B
YoY Change -37.28%
Intangibles $521.0M
YoY Change -28.34%
Long-Term Investments
YoY Change
Other Assets $140.0M
YoY Change -3.45%
Total Long-Term Assets $2.239B
YoY Change -31.84%
TOTAL ASSETS
Total Short-Term Assets $1.556B
Total Long-Term Assets $2.239B
Total Assets $3.795B
YoY Change -20.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $483.0M
YoY Change 0.21%
Accrued Expenses $354.0M
YoY Change 24.65%
Deferred Revenue $86.00M
YoY Change -1.15%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $307.0M
YoY Change
Total Short-Term Liabilities $1.490B
YoY Change 74.68%
LONG-TERM LIABILITIES
Long-Term Debt $895.0M
YoY Change -22.11%
Other Long-Term Liabilities $162.0M
YoY Change -68.48%
Total Long-Term Liabilities $1.057B
YoY Change -36.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.490B
Total Long-Term Liabilities $1.057B
Total Liabilities $2.593B
YoY Change -47.52%
SHAREHOLDERS EQUITY
Retained Earnings -$741.0M
YoY Change 61.09%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$450.0M
YoY Change
Total Liabilities & Shareholders Equity $3.795B
YoY Change -20.81%

Cashflow Statement

Concept 2024 Q2
OPERATING ACTIVITIES
Net Income $49.00M
YoY Change 390.0%
Depreciation, Depletion And Amortization $20.00M
YoY Change -4.76%
Cash From Operating Activities $48.00M
YoY Change -53.4%
INVESTING ACTIVITIES
Capital Expenditures $15.00M
YoY Change 0.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$15.00M
YoY Change 0.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -31.00M
YoY Change -62.2%
NET CHANGE
Cash From Operating Activities 48.00M
Cash From Investing Activities -15.00M
Cash From Financing Activities -31.00M
Net Change In Cash 2.000M
YoY Change -66.67%
FREE CASH FLOW
Cash From Operating Activities $48.00M
Capital Expenditures $15.00M
Free Cash Flow $33.00M
YoY Change -62.5%

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