2024 Q3 Form 10-Q Financial Statement

#000105955624000184 Filed on October 23, 2024

View on sec.gov

Income Statement

Concept 2024 Q3
Revenue $1.813B
YoY Change 23.17%
Cost Of Revenue $512.0M
YoY Change 24.27%
Gross Profit $1.301B
YoY Change 22.74%
Gross Profit Margin 71.76%
Selling, General & Admin $434.0M
YoY Change 7.69%
% of Gross Profit 33.36%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $108.0M
YoY Change 13.68%
% of Gross Profit 8.3%
Operating Expenses $434.0M
YoY Change 7.69%
Operating Profit $738.0M
YoY Change 37.94%
Interest Expense -$60.00M
YoY Change -9.09%
% of Operating Profit -8.13%
Other Income/Expense, Net -$35.00M
YoY Change -27.08%
Pretax Income $703.0M
YoY Change 44.35%
Income Tax $169.0M
% Of Pretax Income 24.04%
Net Earnings $534.0M
YoY Change 37.28%
Net Earnings / Revenue 29.45%
Basic Earnings Per Share $2.94
Diluted Earnings Per Share $2.93
COMMON SHARES
Basic Shares Outstanding 181.7M shares
Diluted Shares Outstanding 182.5M shares

Balance Sheet

Concept 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.215B
YoY Change 54.64%
Cash & Equivalents $2.642B
Short-Term Investments $573.0M
Other Short-Term Assets $470.0M
YoY Change 5.62%
Inventory
Prepaid Expenses $168.0M
Receivables $1.708B
Other Receivables $0.00
Total Short-Term Assets $5.393B
YoY Change 33.59%
LONG-TERM ASSETS
Property, Plant & Equipment $662.0M
YoY Change 15.53%
Goodwill $6.148B
YoY Change 5.44%
Intangibles $1.970B
YoY Change -4.28%
Long-Term Investments $131.0M
YoY Change -30.69%
Other Assets $1.086B
YoY Change -3.89%
Total Long-Term Assets $10.38B
YoY Change 2.19%
TOTAL ASSETS
Total Short-Term Assets $5.393B
Total Long-Term Assets $10.38B
Total Assets $15.77B
YoY Change 11.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $50.00M
YoY Change 21.95%
Accrued Expenses $109.0M
YoY Change -82.56%
Deferred Revenue $1.300B
YoY Change 6.04%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $693.0M
YoY Change
Total Short-Term Liabilities $3.235B
YoY Change 42.57%
LONG-TERM LIABILITIES
Long-Term Debt $6.876B
YoY Change 0.36%
Other Long-Term Liabilities $661.0M
YoY Change 2.16%
Total Long-Term Liabilities $7.537B
YoY Change 0.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.235B
Total Long-Term Liabilities $7.537B
Total Liabilities $11.70B
YoY Change 7.95%
SHAREHOLDERS EQUITY
Retained Earnings $15.86B
YoY Change 9.65%
Common Stock $1.390B
YoY Change 18.3%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.905B
YoY Change
Total Liabilities & Shareholders Equity $15.77B
YoY Change 11.12%

Cashflow Statement

Concept 2024 Q3
OPERATING ACTIVITIES
Net Income $534.0M
YoY Change 37.28%
Depreciation, Depletion And Amortization $108.0M
YoY Change 13.68%
Cash From Operating Activities $703.0M
YoY Change 52.16%
INVESTING ACTIVITIES
Capital Expenditures $72.00M
YoY Change 1.41%
Acquisitions
YoY Change
Other Investing Activities -$612.0M
YoY Change 3121.05%
Cash From Investing Activities -$684.0M
YoY Change 660.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -81.00M
YoY Change -86.66%
NET CHANGE
Cash From Operating Activities 703.0M
Cash From Investing Activities -684.0M
Cash From Financing Activities -81.00M
Net Change In Cash -62.00M
YoY Change -73.62%
FREE CASH FLOW
Cash From Operating Activities $703.0M
Capital Expenditures $72.00M
Free Cash Flow $631.0M
YoY Change 61.38%

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