2014 Q1 Form 10-Q Financial Statement

#000114139114000017 Filed on May 01, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $2.172B $1.906B
YoY Change 13.96% 8.42%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $842.0M $761.0M
YoY Change 10.64% 10.13%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $73.00M $62.00M
YoY Change 17.74% 14.81%
% of Gross Profit
Operating Expenses $915.0M $823.0M
YoY Change 11.18% 10.47%
Operating Profit $1.285B $1.107B
YoY Change 16.08% 10.7%
Interest Expense $6.000M $5.000M
YoY Change 20.0% -16.67%
% of Operating Profit 0.47% 0.45%
Other Income/Expense, Net -$4.000M -$5.000M
YoY Change -20.0%
Pretax Income $1.281B $1.102B
YoY Change 16.24% 10.2%
Income Tax $411.0M $336.0M
% Of Pretax Income 32.08% 30.49%
Net Earnings $870.0M $766.0M
YoY Change 13.58% 12.32%
Net Earnings / Revenue 40.06% 40.19%
Basic Earnings Per Share $0.73 $0.62
Diluted Earnings Per Share $0.73 $0.62
COMMON SHARES
Basic Shares Outstanding 1.185B shares 1.226B shares
Diluted Shares Outstanding 1.189B shares 1.230B shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.562B $5.020B
YoY Change 30.72% -3.03%
Cash & Equivalents $4.019B $1.984B
Short-Term Investments $2.543B $3.036B
Other Short-Term Assets $207.0M $173.0M
YoY Change 19.65% -1.14%
Inventory
Prepaid Expenses
Receivables $995.0M $941.0M
Other Receivables $0.00 $12.00M
Total Short-Term Assets $11.34B $8.783B
YoY Change 29.14% 8.26%
LONG-TERM ASSETS
Property, Plant & Equipment $528.0M $468.0M
YoY Change 12.82% 4.0%
Goodwill $1.286B $1.042B
YoY Change 23.42% 0.0%
Intangibles $723.0M $637.0M
YoY Change 13.5% -6.6%
Long-Term Investments $173.0M $275.0M
YoY Change -37.09% 18.53%
Other Assets $858.0M $820.0M
YoY Change 4.63% 9.19%
Total Long-Term Assets $3.460B $3.026B
YoY Change 14.34% 0.27%
TOTAL ASSETS
Total Short-Term Assets $11.34B $8.783B
Total Long-Term Assets $3.460B $3.026B
Total Assets $14.80B $11.81B
YoY Change 25.35% 6.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $297.0M $262.0M
YoY Change 13.36% -4.38%
Accrued Expenses $2.128B $1.703B
YoY Change 24.96% 8.13%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.994B $4.414B
YoY Change 35.8% 7.87%
LONG-TERM LIABILITIES
Long-Term Debt $1.494B $0.00
YoY Change
Other Long-Term Liabilities $619.0M $540.0M
YoY Change 14.63% -1.46%
Total Long-Term Liabilities $2.113B $540.0M
YoY Change 291.3% -1.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.994B $4.414B
Total Long-Term Liabilities $2.113B $540.0M
Total Liabilities $8.224B $5.053B
YoY Change 62.75% 6.33%
SHAREHOLDERS EQUITY
Retained Earnings $10.86B $8.047B
YoY Change 34.97% 49.32%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $8.243B $4.902B
YoY Change 68.16% 85.54%
Treasury Stock Shares 214.0M shares 16.67M shares
Shareholders Equity $6.567B $6.743B
YoY Change
Total Liabilities & Shareholders Equity $14.80B $11.81B
YoY Change 25.35% 6.09%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income $870.0M $766.0M
YoY Change 13.58% 12.32%
Depreciation, Depletion And Amortization $73.00M $62.00M
YoY Change 17.74% 14.81%
Cash From Operating Activities $568.0M $872.0M
YoY Change -34.86% 104.22%
INVESTING ACTIVITIES
Capital Expenditures $25.00M $20.00M
YoY Change 25.0% 66.67%
Acquisitions $146.0M $0.00
YoY Change
Other Investing Activities $5.000M $2.000M
YoY Change 150.0%
Cash From Investing Activities $130.0M -$107.0M
YoY Change -221.5% -64.57%
FINANCING ACTIVITIES
Cash Dividend Paid $131.0M $37.00M
YoY Change 254.05% 94.74%
Common Stock Issuance & Retirement, Net $1.669B $766.0M
YoY Change 117.89% 208.87%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$279.0M -$783.0M
YoY Change -64.37% 255.91%
NET CHANGE
Cash From Operating Activities $568.0M $872.0M
Cash From Investing Activities $130.0M -$107.0M
Cash From Financing Activities -$279.0M -$783.0M
Net Change In Cash $419.0M -$18.00M
YoY Change -2427.78% -81.05%
FREE CASH FLOW
Cash From Operating Activities $568.0M $872.0M
Capital Expenditures $25.00M $20.00M
Free Cash Flow $543.0M $852.0M
YoY Change -36.27% 105.3%

Facts In Submission

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CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
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CY2014Q1 dei Trading Symbol
TradingSymbol
MA

Files In Submission

Name View Source Status
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