2018 Q1 Form 10-Q Financial Statement

#000133525818000064 Filed on May 03, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1
Revenue $1.482B $1.243B
YoY Change 19.27% 2.91%
Cost Of Revenue $932.1M $775.3M
YoY Change 20.22% -1.13%
Gross Profit $550.3M $467.6M
YoY Change 17.69% 10.41%
Gross Profit Margin 37.12% 37.62%
Selling, General & Admin $434.6M $383.3M
YoY Change 13.38% 13.67%
% of Gross Profit 78.98% 81.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $42.14M $35.91M
YoY Change 17.33% 8.6%
% of Gross Profit 7.66% 7.68%
Operating Expenses $434.6M $383.3M
YoY Change 13.38% 13.67%
Operating Profit -$6.030M -$21.37M
YoY Change -71.78% -35.82%
Interest Expense $32.68M $26.01M
YoY Change 25.66% 2.27%
% of Operating Profit
Other Income/Expense, Net -$328.0K $2.842M
YoY Change -111.54% -66.75%
Pretax Income -$34.14M -$41.25M
YoY Change -17.22% -15.86%
Income Tax $6.884M $6.521M
% Of Pretax Income
Net Earnings -$33.91M -$32.99M
YoY Change 2.77% -25.89%
Net Earnings / Revenue -2.29% -2.65%
Basic Earnings Per Share -$0.24 -$0.22
Diluted Earnings Per Share -$0.24 -$0.22
COMMON SHARES
Basic Shares Outstanding 208.2M shares 204.8M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.942B $2.228B
YoY Change 32.05% 31.14%
Cash & Equivalents $2.942B $2.228B
Short-Term Investments
Other Short-Term Assets $44.16M $49.46M
YoY Change -10.71% 28.04%
Inventory
Prepaid Expenses $867.9M $739.8M
Receivables $783.8M $584.6M
Other Receivables $0.00 $0.00
Total Short-Term Assets $4.645B $3.601B
YoY Change 28.97% 21.41%
LONG-TERM ASSETS
Property, Plant & Equipment $886.9M $782.2M
YoY Change 13.39% 8.21%
Goodwill $1.773B $1.724B
YoY Change 2.82% 6.46%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $684.8M $526.3M
YoY Change 30.13% 13.4%
Total Long-Term Assets $4.473B $4.222B
YoY Change 5.94% 6.59%
TOTAL ASSETS
Total Short-Term Assets $4.645B $3.601B
Total Long-Term Assets $4.473B $4.222B
Total Assets $9.118B $7.824B
YoY Change 16.54% 12.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $79.41M $68.26M
YoY Change 16.33% -10.42%
Accrued Expenses $1.021B $707.8M
YoY Change 44.19% 14.14%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $119.0M $60.00M
YoY Change 98.33% 36.36%
Total Short-Term Liabilities $4.439B $3.539B
YoY Change 25.41% 20.95%
LONG-TERM LIABILITIES
Long-Term Debt $2.747B $2.259B
YoY Change 21.6% 13.35%
Other Long-Term Liabilities $156.0M $143.3M
YoY Change 8.88% 5.89%
Total Long-Term Liabilities $156.0M $143.3M
YoY Change 8.88% 5.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.439B $3.539B
Total Long-Term Liabilities $156.0M $143.3M
Total Liabilities $4.595B $3.683B
YoY Change 24.77% 20.29%
SHAREHOLDERS EQUITY
Retained Earnings -$1.113B -$1.106B
YoY Change 0.63% -1.29%
Common Stock $2.076M $2.047M
YoY Change 1.42% 1.19%
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.865M $6.865M
YoY Change 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $1.138B $1.117B
YoY Change
Total Liabilities & Shareholders Equity $9.118B $7.824B
YoY Change 16.54% 12.94%

Cashflow Statement

Concept 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income -$33.91M -$32.99M
YoY Change 2.77% -25.89%
Depreciation, Depletion And Amortization $42.14M $35.91M
YoY Change 17.33% 8.6%
Cash From Operating Activities $775.5M $761.7M
YoY Change 1.81% 47.22%
INVESTING ACTIVITIES
Capital Expenditures $45.13M $58.88M
YoY Change -23.36% 91.91%
Acquisitions $20.22M $4.700M
YoY Change 330.26% -89.17%
Other Investing Activities -$2.535M $233.0K
YoY Change -1187.98% -96.43%
Cash From Investing Activities -$88.73M -$75.03M
YoY Change 18.26% -12.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $321.9M $11.78M
YoY Change 2633.33% 20.6%
Cash From Financing Activities $404.2M -$5.067M
YoY Change -8076.12% -90.49%
NET CHANGE
Cash From Operating Activities $775.5M $761.7M
Cash From Investing Activities -$88.73M -$75.03M
Cash From Financing Activities $404.2M -$5.067M
Net Change In Cash $1.091B $681.6M
YoY Change 60.04% 80.15%
FREE CASH FLOW
Cash From Operating Activities $775.5M $761.7M
Capital Expenditures $45.13M $58.88M
Free Cash Flow $730.4M $702.9M
YoY Change 3.92% 44.41%

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