2016 Q4 Form 10-Q Financial Statement

#000007014517000015 Filed on February 03, 2017

View on sec.gov

Income Statement

Concept 2016 Q4 2015 Q4
Revenue $422.5M $375.2M
YoY Change 12.61% -28.38%
Cost Of Revenue $70.20M $42.10M
YoY Change 66.75% -66.88%
Gross Profit $352.3M $333.1M
YoY Change 5.76% -16.05%
Gross Profit Margin 83.38% 88.78%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $56.20M $70.55M
YoY Change -20.35% -31.34%
% of Gross Profit 15.95% 21.18%
Operating Expenses $250.4M $681.1M
YoY Change -63.24% 87.46%
Operating Profit $172.1M -$305.9M
YoY Change -156.27% -290.53%
Interest Expense -$28.40M -$30.00M
YoY Change -5.33% 37.61%
% of Operating Profit -16.5%
Other Income/Expense, Net $1.600M $2.400M
YoY Change -33.33% 100.0%
Pretax Income $145.3M -$333.5M
YoY Change -143.59% -338.36%
Income Tax $56.43M -$144.4M
% Of Pretax Income 38.83%
Net Earnings $88.91M -$189.1M
YoY Change -147.01% -323.16%
Net Earnings / Revenue 21.04% -50.4%
Basic Earnings Per Share $1.04 -$2.23
Diluted Earnings Per Share $1.04 -$2.23
COMMON SHARES
Basic Shares Outstanding 85.19M shares 84.65M shares
Diluted Shares Outstanding 85.80M shares 84.65M shares

Balance Sheet

Concept 2016 Q4 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $136.5M $36.30M
YoY Change 276.03% -17.31%
Cash & Equivalents $136.5M $36.33M
Short-Term Investments
Other Short-Term Assets $49.78M $66.15M
YoY Change -24.74% -2.8%
Inventory $57.60M $61.20M
Prepaid Expenses
Receivables $161.0M $211.1M
Other Receivables $7.800M $7.100M
Total Short-Term Assets $467.7M $424.5M
YoY Change 10.18% -6.11%
LONG-TERM ASSETS
Property, Plant & Equipment $4.486B $4.883B
YoY Change -8.12% -16.59%
Goodwill $5.476M $5.476M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $114.7M $108.2M
YoY Change 6.01% 23.66%
Other Assets $491.0K $162.0K
YoY Change 203.09% -11.96%
Total Long-Term Assets $707.9M $883.0M
YoY Change -19.84% 5.22%
TOTAL ASSETS
Total Short-Term Assets $467.7M $424.5M
Total Long-Term Assets $707.9M $883.0M
Total Assets $5.662B $6.190B
YoY Change -8.54% -13.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $113.1M $126.9M
YoY Change -10.86% 0.87%
Accrued Expenses $35.95M $28.05M
YoY Change 28.19% -10.43%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $31.40M
YoY Change -100.0% -81.84%
Long-Term Debt Due $0.00 $0.00
YoY Change
Total Short-Term Liabilities $306.2M $411.1M
YoY Change -25.52% -27.94%
LONG-TERM LIABILITIES
Long-Term Debt $2.087B $2.085B
YoY Change 0.11% 26.42%
Other Long-Term Liabilities $896.6M $882.6M
YoY Change 1.59% 18.98%
Total Long-Term Liabilities $1.700B $1.882B
YoY Change -9.68% -18.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $306.2M $411.1M
Total Long-Term Liabilities $1.700B $1.882B
Total Liabilities $2.006B $2.293B
YoY Change -12.52% -20.74%
SHAREHOLDERS EQUITY
Retained Earnings $762.6M $880.6M
YoY Change -13.4% -47.16%
Common Stock $85.29M $84.74M
YoY Change 0.65% 0.56%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.569B $1.813B
YoY Change
Total Liabilities & Shareholders Equity $5.662B $6.190B
YoY Change -8.54% -13.36%

Cashflow Statement

Concept 2016 Q4 2015 Q4
OPERATING ACTIVITIES
Net Income $88.91M -$189.1M
YoY Change -147.01% -323.16%
Depreciation, Depletion And Amortization $56.20M $70.55M
YoY Change -20.35% -31.34%
Cash From Operating Activities $144.6M $114.1M
YoY Change 26.73% -39.66%
INVESTING ACTIVITIES
Capital Expenditures $106.1M $186.4M
YoY Change -43.12% -23.88%
Acquisitions
YoY Change
Other Investing Activities $4.297M $15.76M
YoY Change -72.73% 1182.02%
Cash From Investing Activities -$104.6M -$191.6M
YoY Change -45.41% -22.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change
Cash From Financing Activities -33.50M 300.0K
YoY Change -11266.67% -99.53%
NET CHANGE
Cash From Operating Activities 144.6M 114.1M
Cash From Investing Activities -104.6M -191.6M
Cash From Financing Activities -33.50M 300.0K
Net Change In Cash 6.500M -77.20M
YoY Change -108.42% -1202.86%
FREE CASH FLOW
Cash From Operating Activities $144.6M $114.1M
Capital Expenditures $106.1M $186.4M
Free Cash Flow $38.55M -$72.34M
YoY Change -153.29% 29.57%

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