2015 Q1 Form 10-Q Financial Statement
#000112019315000005 Filed on May 06, 2015
Income Statement
| Concept | 2015 Q1 | 2014 Q4 |
|---|---|---|
| Revenue | $858.0M | $920.0M |
| YoY Change | -4.45% | 8.36% |
| Cost Of Revenue | $351.0M | $402.0M |
| YoY Change | -4.88% | 22.19% |
| Gross Profit | $507.0M | $518.0M |
| YoY Change | -4.16% | -0.38% |
| Gross Profit Margin | 59.09% | 56.3% |
| Selling, General & Admin | $296.0M | $277.0M |
| YoY Change | 4.96% | 6.95% |
| % of Gross Profit | 58.38% | 53.47% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $34.00M | $33.00M |
| YoY Change | -2.86% | -2.94% |
| % of Gross Profit | 6.71% | 6.37% |
| Operating Expenses | $330.0M | $310.0M |
| YoY Change | 4.1% | 5.8% |
| Operating Profit | $177.0M | $208.0M |
| YoY Change | -16.51% | -8.37% |
| Interest Expense | -$13.00M | -$27.00M |
| YoY Change | -53.57% | -2800.0% |
| % of Operating Profit | -7.34% | -12.98% |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $14.00M | $97.00M |
| YoY Change | -91.03% | -58.72% |
| Income Tax | $5.000M | $11.00M |
| % Of Pretax Income | 35.71% | 11.34% |
| Net Earnings | $9.000M | $86.00M |
| YoY Change | -91.26% | -39.01% |
| Net Earnings / Revenue | 1.05% | 9.35% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | $52.11K | $498.0K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 169.0M | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2015 Q1 | 2014 Q4 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $522.0M | $601.0M |
| YoY Change | -10.15% | 2.39% |
| Cash & Equivalents | $328.0M | $476.0M |
| Short-Term Investments | $194.0M | $174.0M |
| Other Short-Term Assets | $2.822B | $2.410B |
| YoY Change | 12.7% | 10.4% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $344.0M | $389.0M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $3.688B | $3.400B |
| YoY Change | 4.8% | 7.49% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $281.0M | $292.0M |
| YoY Change | 5.64% | 8.96% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $25.00M | |
| YoY Change | -16.67% | |
| Other Assets | $928.0M | $739.0M |
| YoY Change | 91.34% | 35.85% |
| Total Long-Term Assets | $8.554B | $8.671B |
| YoY Change | -9.57% | -7.76% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $3.688B | $3.400B |
| Total Long-Term Assets | $8.554B | $8.671B |
| Total Assets | $12.24B | $12.07B |
| YoY Change | -5.67% | -3.92% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $82.00M | $124.0M |
| YoY Change | 10.81% | 51.22% |
| Accrued Expenses | $71.00M | $143.0M |
| YoY Change | -26.04% | -7.14% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $3.440B | $2.980B |
| YoY Change | -3.86% | 6.43% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $2.306B | $2.313B |
| YoY Change | 10.65% | -10.66% |
| Other Long-Term Liabilities | $364.0M | $374.0M |
| YoY Change | -1.36% | 26.35% |
| Total Long-Term Liabilities | $2.306B | $2.313B |
| YoY Change | -5.99% | -19.83% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $3.440B | $2.980B |
| Total Long-Term Liabilities | $2.306B | $2.313B |
| Total Liabilities | $6.698B | $6.278B |
| YoY Change | -0.61% | -1.8% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $5.544B | $5.793B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $12.24B | $12.07B |
| YoY Change | -5.67% | -4.02% |
Cashflow Statement
| Concept | 2015 Q1 | 2014 Q4 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $9.000M | $86.00M |
| YoY Change | -91.26% | -39.01% |
| Depreciation, Depletion And Amortization | $34.00M | $33.00M |
| YoY Change | -2.86% | -2.94% |
| Cash From Operating Activities | $231.0M | $280.0M |
| YoY Change | 26.23% | 18.14% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$24.00M | -$47.00M |
| YoY Change | -22.58% | 34.29% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$302.0M | -$12.00M |
| YoY Change | 1913.33% | -500.0% |
| Cash From Investing Activities | -$326.0M | -$59.00M |
| YoY Change | 608.7% | 84.38% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 4.000M | -70.00M |
| YoY Change | -102.61% | -35.78% |
| NET CHANGE | ||
| Cash From Operating Activities | 231.0M | 280.0M |
| Cash From Investing Activities | -326.0M | -59.00M |
| Cash From Financing Activities | 4.000M | -70.00M |
| Net Change In Cash | -91.00M | 151.0M |
| YoY Change | 468.75% | 57.29% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $231.0M | $280.0M |
| Capital Expenditures | -$24.00M | -$47.00M |
| Free Cash Flow | $255.0M | $327.0M |
| YoY Change | 19.16% | 20.22% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2015Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2306000000 | |
| CY2015Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
168985956 | |
| CY2015Q1 | ndaq |
Deferred Revenue Estimated Revenue Expected Recognized In Year One
DeferredRevenueEstimatedRevenueExpectedRecognizedInYearOne
|
259000000 | |
| CY2015Q1 | ndaq |
Derivative Contracts Market Value
DerivativeContractsMarketValue
|
2692000000 | |
| CY2014Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2313000000 | |
| CY2015Q1 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
100000000 | |
| CY2015Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
107000000 | |
| CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.291 | |
| CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.215 | |
| CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
3084323 | |
| CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3316782 | |
| CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3084323 | |
| CY2015Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
232459 |
