2013 Q2 Form 10-Q Financial Statement

#000114139113000011 Filed on July 31, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q2
Revenue $2.096B $1.820B
YoY Change 15.16% 9.18%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $819.0M $778.0M
YoY Change 5.27% 5.28%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $61.00M $56.00M
YoY Change 8.93% 14.29%
% of Gross Profit
Operating Expenses $880.0M $834.0M
YoY Change 5.52% 5.84%
Operating Profit $1.228B $974.0M
YoY Change 26.08% 10.06%
Interest Expense $5.000M $3.000M
YoY Change 66.67% 50.0%
% of Operating Profit 0.41% 0.31%
Other Income/Expense, Net $5.000M -$1.000M
YoY Change -600.0% -114.29%
Pretax Income $1.233B $973.0M
YoY Change 26.72% 9.08%
Income Tax $385.0M $273.0M
% Of Pretax Income 31.22% 28.06%
Net Earnings $848.0M $700.0M
YoY Change 21.14% 15.13%
Net Earnings / Revenue 40.46% 38.46%
Basic Earnings Per Share $0.70 $0.56
Diluted Earnings Per Share $0.70 $0.56
COMMON SHARES
Basic Shares Outstanding 1.214B shares 1.259B shares
Diluted Shares Outstanding 1.217B shares 1.263B shares

Balance Sheet

Concept 2013 Q2 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.090B $4.992B
YoY Change 1.96% 38.51%
Cash & Equivalents $2.348B $3.153B
Short-Term Investments $2.742B $1.839B
Other Short-Term Assets $191.0M $181.0M
YoY Change 5.52% -85.05%
Inventory
Prepaid Expenses
Receivables $949.0M $844.0M
Other Receivables $3.000M $50.00M
Total Short-Term Assets $8.962B $8.283B
YoY Change 8.2% 37.8%
LONG-TERM ASSETS
Property, Plant & Equipment $471.0M $458.0M
YoY Change 2.84% 0.88%
Goodwill $1.050B $1.009B
YoY Change 4.06%
Intangibles $637.0M $656.0M
YoY Change -2.9%
Long-Term Investments $265.0M $206.0M
YoY Change 28.64% 76.07%
Other Assets $816.0M $718.0M
YoY Change 13.65% 6.37%
Total Long-Term Assets $3.059B $2.957B
YoY Change 3.45% -1.89%
TOTAL ASSETS
Total Short-Term Assets $8.962B $8.283B
Total Long-Term Assets $3.059B $2.957B
Total Assets $12.02B $11.24B
YoY Change 6.95% 24.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $259.0M $330.0M
YoY Change -21.52% -1.79%
Accrued Expenses $1.616B $1.475B
YoY Change 9.56% 25.96%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.327B $4.307B
YoY Change 0.46% 45.31%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $567.0M $552.0M
YoY Change 2.72% 22.67%
Total Long-Term Liabilities $567.0M $552.0M
YoY Change 2.72% 22.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.327B $4.307B
Total Long-Term Liabilities $567.0M $552.0M
Total Liabilities $4.992B $4.964B
YoY Change 0.56% 39.63%
SHAREHOLDERS EQUITY
Retained Earnings $8.823B $6.052B
YoY Change 45.79%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.482B $3.311B
YoY Change 65.57%
Treasury Stock Shares 17.72M shares 13.41M shares
Shareholders Equity $7.018B $6.265B
YoY Change
Total Liabilities & Shareholders Equity $12.02B $11.24B
YoY Change 6.95% 24.54%

Cashflow Statement

Concept 2013 Q2 2012 Q2
OPERATING ACTIVITIES
Net Income $848.0M $700.0M
YoY Change 21.14% 15.13%
Depreciation, Depletion And Amortization $61.00M $56.00M
YoY Change 8.93% 14.29%
Cash From Operating Activities $742.0M $641.0M
YoY Change 15.76% 19.14%
INVESTING ACTIVITIES
Capital Expenditures -$61.00M -$56.00M
YoY Change 8.93% 19.15%
Acquisitions
YoY Change
Other Investing Activities $286.0M -$332.0M
YoY Change -186.14% 9.93%
Cash From Investing Activities $225.0M -$388.0M
YoY Change -157.99% 11.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -638.0M -702.0M
YoY Change -9.12% 67.94%
NET CHANGE
Cash From Operating Activities 742.0M 641.0M
Cash From Investing Activities 225.0M -388.0M
Cash From Financing Activities -638.0M -702.0M
Net Change In Cash 329.0M -449.0M
YoY Change -173.27% 96.07%
FREE CASH FLOW
Cash From Operating Activities $742.0M $641.0M
Capital Expenditures -$61.00M -$56.00M
Free Cash Flow $803.0M $697.0M
YoY Change 15.21% 19.15%

Facts In Submission

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