2013 Q4 Form 10-Q Financial Statement

#000110465913082945 Filed on November 12, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue $540.8M $590.4M $541.9M
YoY Change 14.7% 8.95% 14.16%
Cost Of Revenue $263.7M $283.0M $268.3M
YoY Change 15.86% 5.44% 19.58%
Gross Profit $277.2M $307.5M $273.6M
YoY Change 13.64% 12.38% 9.3%
Gross Profit Margin 51.25% 52.08% 50.48%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.300M $6.108M $5.155M
YoY Change 18.87% 18.49% 14.96%
% of Gross Profit 2.27% 1.99% 1.88%
Operating Expenses $142.4M $156.0M $132.9M
YoY Change 9.54% 17.41% 12.43%
Operating Profit $134.8M $151.4M $140.7M
YoY Change 18.33% 7.64% 6.51%
Interest Expense -$3.000M -$700.0K $600.0K
YoY Change 30.43% -216.67% -166.67%
% of Operating Profit -2.23% -0.46% 0.43%
Other Income/Expense, Net $553.0K
YoY Change -164.15%
Pretax Income $131.7M $150.7M $141.2M
YoY Change 18.01% 6.72% 7.63%
Income Tax $55.60M $58.54M $55.10M
% Of Pretax Income 42.22% 38.84% 39.01%
Net Earnings $76.10M $92.20M $86.10M
YoY Change 11.91% 7.08% 4.49%
Net Earnings / Revenue 14.07% 15.62% 15.89%
Basic Earnings Per Share
Diluted Earnings Per Share $146.2K $176.7K $156.1K
COMMON SHARES
Basic Shares Outstanding 167.7M shares 167.5M shares 175.0M shares
Diluted Shares Outstanding 173.9M shares 183.9M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $613.6M $602.6M $590.7M
YoY Change 91.99% 2.01% -15.54%
Cash & Equivalents $211.3M $287.0M $283.1M
Short-Term Investments $402.2M $315.6M $307.7M
Other Short-Term Assets $51.80M $85.30M $55.00M
YoY Change -31.57% 55.09% 55.81%
Inventory $221.4M $247.4M $193.9M
Prepaid Expenses
Receivables $291.6M $339.2M $288.6M
Other Receivables $4.600M $4.000M $700.0K
Total Short-Term Assets $1.183B $1.278B $1.129B
YoY Change 41.67% 13.24% 8.69%
LONG-TERM ASSETS
Property, Plant & Equipment $88.14M $88.50M $57.57M
YoY Change 27.49% 53.71% 30.55%
Goodwill
YoY Change
Intangibles $65.77M $63.61M $52.85M
YoY Change 20.36% 20.36%
Long-Term Investments $9.800M $9.700M $19.90M
YoY Change -54.21% -51.26% -25.47%
Other Assets $10.15M $10.17M $3.673M
YoY Change 183.72% 176.89% -94.03%
Total Long-Term Assets $237.5M $233.4M $190.0M
YoY Change 14.03% 22.86% 5.72%
TOTAL ASSETS
Total Short-Term Assets $1.183B $1.278B $1.129B
Total Long-Term Assets $237.5M $233.4M $190.0M
Total Assets $1.421B $1.512B $1.319B
YoY Change 36.15% 14.63% 8.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $119.4M $162.9M $152.4M
YoY Change -6.25% 6.82% 40.51%
Accrued Expenses $59.11M $63.21M $58.97M
YoY Change 51.9% 7.19% 40.75%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $316.0M $438.3M $317.0M
YoY Change 9.52% 38.24% 91.1%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $112.2M $113.2M $112.2M
YoY Change 1.63% 0.89% -6.5%
Total Long-Term Liabilities $112.2M $113.2M $112.2M
YoY Change 1.63% 0.89% -6.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $316.0M $438.3M $317.0M
Total Long-Term Liabilities $112.2M $113.2M $112.2M
Total Liabilities $428.2M $551.5M $429.2M
YoY Change 7.35% 28.49% 50.12%
SHAREHOLDERS EQUITY
Retained Earnings $1.847B $1.771B $1.441B
YoY Change 22.45% 22.94%
Common Stock $368.1M $358.0M $262.8M
YoY Change 27.82% 36.22%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.223B $1.169B $815.7M
YoY Change 5.85% 43.27%
Treasury Stock Shares 39.19M shares 38.24M shares 31.31M shares
Shareholders Equity $992.3M $960.4M $889.7M
YoY Change
Total Liabilities & Shareholders Equity $1.421B $1.512B $1.319B
YoY Change 36.15% 14.63% 8.25%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $76.10M $92.20M $86.10M
YoY Change 11.91% 7.08% 4.49%
Depreciation, Depletion And Amortization $6.300M $6.108M $5.155M
YoY Change 18.87% 18.49% 14.96%
Cash From Operating Activities $66.20M $176.1M $107.9M
YoY Change -5.02% 63.21% -1.01%
INVESTING ACTIVITIES
Capital Expenditures -$8.200M -$10.10M -$5.900M
YoY Change -52.05% 71.19% -22.37%
Acquisitions
YoY Change
Other Investing Activities -$84.90M -$166.0M $142.5M
YoY Change -140.43% -216.49% -211.24%
Cash From Investing Activities -$93.10M -$176.1M $136.5M
YoY Change -148.29% -229.01% -200.52%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -51.60M 2.700M -384.0M
YoY Change -84.04% -100.7% 276.47%
NET CHANGE
Cash From Operating Activities 66.20M 176.1M 107.9M
Cash From Investing Activities -93.10M -176.1M 136.5M
Cash From Financing Activities -51.60M 2.700M -384.0M
Net Change In Cash -78.50M 2.700M -139.6M
YoY Change 28.9% -101.93% 8.39%
FREE CASH FLOW
Cash From Operating Activities $66.20M $176.1M $107.9M
Capital Expenditures -$8.200M -$10.10M -$5.900M
Free Cash Flow $74.40M $186.2M $113.8M
YoY Change -14.29% 63.62% -2.4%

Facts In Submission

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