2019 Q1 Form 10-Q Financial Statement
#000119312520139189 Filed on May 11, 2020
Income Statement
| Concept | 2019 Q1 |
|---|---|
| Revenue | $50.00M |
| YoY Change | -31.51% |
| Cost Of Revenue | -$38.00M |
| YoY Change | -152.78% |
| Gross Profit | $88.00M |
| YoY Change | 8700.0% |
| Gross Profit Margin | 176.0% |
| Selling, General & Admin | $30.00M |
| YoY Change | 25.0% |
| % of Gross Profit | 34.09% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | |
| YoY Change | |
| % of Gross Profit | |
| Operating Expenses | $30.00M |
| YoY Change | 25.0% |
| Operating Profit | $58.00M |
| YoY Change | -352.17% |
| Interest Expense | $52.00M |
| YoY Change | 1.96% |
| % of Operating Profit | 89.66% |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | -$19.00M |
| YoY Change | -80.21% |
| Income Tax | -$2.000M |
| % Of Pretax Income | |
| Net Earnings | -$17.00M |
| YoY Change | -82.65% |
| Net Earnings / Revenue | -34.0% |
| Basic Earnings Per Share | -$0.20 |
| Diluted Earnings Per Share | -$0.20 |
| COMMON SHARES | |
| Basic Shares Outstanding | 85.60M |
| Diluted Shares Outstanding | 85.60M |
Balance Sheet
| Concept | 2019 Q1 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | |
| YoY Change | |
| Cash & Equivalents | $163.0M |
| Short-Term Investments | |
| Other Short-Term Assets | |
| YoY Change | |
| Inventory | |
| Prepaid Expenses | |
| Receivables | |
| Other Receivables | |
| Total Short-Term Assets | |
| YoY Change | |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | |
| YoY Change | |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | $6.477B |
| YoY Change | -14.79% |
| Other Assets | |
| YoY Change | |
| Total Long-Term Assets | |
| YoY Change | |
| TOTAL ASSETS | |
| Total Short-Term Assets | |
| Total Long-Term Assets | |
| Total Assets | $8.778B |
| YoY Change | -1.29% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | |
| YoY Change | |
| Accrued Expenses | |
| YoY Change | |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | |
| YoY Change | |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $5.863B |
| YoY Change | 6.08% |
| Other Long-Term Liabilities | $364.0M |
| YoY Change | -6.19% |
| Total Long-Term Liabilities | $6.227B |
| YoY Change | 5.27% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | |
| Total Long-Term Liabilities | $6.227B |
| Total Liabilities | $7.577B |
| YoY Change | -0.73% |
| SHAREHOLDERS EQUITY | |
| Retained Earnings | $949.0M |
| YoY Change | -18.47% |
| Common Stock | $284.0M |
| YoY Change | 0.0% |
| Preferred Stock | |
| YoY Change | |
| Treasury Stock (at cost) | $2.967B |
| YoY Change | -5.3% |
| Treasury Stock Shares | 193.4M shares |
| Shareholders Equity | $1.188B |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $8.778B |
| YoY Change | -1.29% |
Cashflow Statement
| Concept | 2019 Q1 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$17.00M |
| YoY Change | -82.65% |
| Depreciation, Depletion And Amortization | |
| YoY Change | |
| Cash From Operating Activities | -$70.00M |
| YoY Change | -30.69% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | |
| YoY Change | |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $128.0M |
| YoY Change | |
| Cash From Investing Activities | $128.0M |
| YoY Change | -32.98% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | $10.00M |
| YoY Change | -33.33% |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -$175.0M |
| YoY Change | 84.21% |
| NET CHANGE | |
| Cash From Operating Activities | -$70.00M |
| Cash From Investing Activities | $128.0M |
| Cash From Financing Activities | -$175.0M |
| Net Change In Cash | -$117.0M |
| YoY Change | 2240.0% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$70.00M |
| Capital Expenditures | |
| Free Cash Flow | |
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020Q1 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
31000000 | |
| CY2020Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
| CY2020Q1 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
CT | |
| CY2020Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Number Of Contracts Issued And Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding
|
116 | |
| CY2020Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Principal
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal
|
5152000000 | |
| CY2020Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Interest
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest
|
3579000000 | |
| CY2020Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding
|
8731000000 | |
| CY2020Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Gross Claim Liability
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability
|
1068000000 | |
| CY2020Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Gross Potential Recoveries
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries
|
1781000000 | |
| CY2020Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Net Discount
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount
|
91000000 | |
| CY2020Q1 | us-gaap |
Reinsurance Recoverables On Paid And Unpaid Losses
ReinsuranceRecoverablesOnPaidAndUnpaidLosses
|
13000000 | |
| CY2019Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Number Of Contracts Issued And Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding
|
112 | |
| CY2019Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Principal
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal
|
5588000000 | |
| CY2019Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Interest
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest
|
3885000000 | |
| CY2019Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding
|
9473000000 | |
| CY2019Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Gross Claim Liability
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability
|
965000000 | |
| CY2019Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Gross Potential Recoveries
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries
|
2184000000 | |
| CY2019Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Net Discount
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount
|
453000000 | |
| CY2019Q4 | us-gaap |
Reinsurance Recoverables On Paid And Unpaid Losses
ReinsuranceRecoverablesOnPaidAndUnpaidLosses
|
19000000 | |
| CY2020Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
72100000 | |
| CY2019Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
85600000 | |
| CY2020Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
72100000 | |
| CY2019Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
85600000 |
