2017 Q4 Form 10-Q Financial Statement

#000007014518000005 Filed on February 02, 2018

View on sec.gov

Income Statement

Concept 2017 Q4 2016 Q4
Revenue $419.7M $422.5M
YoY Change -0.67% 12.61%
Cost Of Revenue $94.00M $70.20M
YoY Change 33.9% 66.75%
Gross Profit $325.7M $352.3M
YoY Change -7.55% 5.76%
Gross Profit Margin 77.61% 83.38%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $55.83M $56.20M
YoY Change -0.65% -20.35%
% of Gross Profit 17.14% 15.95%
Operating Expenses $270.2M $250.4M
YoY Change 7.92% -63.24%
Operating Profit $149.5M $172.1M
YoY Change -13.17% -156.27%
Interest Expense -$28.60M -$28.40M
YoY Change 0.7% -5.33%
% of Operating Profit -19.13% -16.5%
Other Income/Expense, Net -$3.503M $1.600M
YoY Change -318.94% -33.33%
Pretax Income $117.4M $145.3M
YoY Change -19.24% -143.59%
Income Tax -$81.28M $56.43M
% Of Pretax Income -69.24% 38.83%
Net Earnings $198.7M $88.91M
YoY Change 123.44% -147.01%
Net Earnings / Revenue 47.34% 21.04%
Basic Earnings Per Share $2.32 $1.04
Diluted Earnings Per Share $2.30 $1.04
COMMON SHARES
Basic Shares Outstanding 85.63M shares 85.19M shares
Diluted Shares Outstanding 86.33M shares 85.80M shares

Balance Sheet

Concept 2017 Q4 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $166.3M $136.5M
YoY Change 21.83% 276.03%
Cash & Equivalents $166.3M $136.5M
Short-Term Investments
Other Short-Term Assets $47.91M $49.78M
YoY Change -3.74% -24.74%
Inventory $59.30M $57.60M
Prepaid Expenses
Receivables $161.0M $161.0M
Other Receivables $9.200M $7.800M
Total Short-Term Assets $521.6M $467.7M
YoY Change 11.51% 10.18%
LONG-TERM ASSETS
Property, Plant & Equipment $4.729B $4.486B
YoY Change 5.41% -8.12%
Goodwill $5.476M $5.476M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $123.4M $114.7M
YoY Change 7.59% 6.01%
Other Assets $754.0K $491.0K
YoY Change 53.56% 203.09%
Total Long-Term Assets $541.3M $707.9M
YoY Change -23.53% -19.84%
TOTAL ASSETS
Total Short-Term Assets $521.6M $467.7M
Total Long-Term Assets $541.3M $707.9M
Total Assets $5.792B $5.662B
YoY Change 2.3% -8.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $132.4M $113.1M
YoY Change 17.04% -10.86%
Accrued Expenses $37.76M $35.95M
YoY Change 5.03% 28.19%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $0.00 $0.00
YoY Change
Total Short-Term Liabilities $365.3M $306.2M
YoY Change 19.3% -25.52%
LONG-TERM LIABILITIES
Long-Term Debt $2.084B $2.087B
YoY Change -0.11% 0.11%
Other Long-Term Liabilities $1.029B $896.6M
YoY Change 14.77% 1.59%
Total Long-Term Liabilities $1.482B $1.700B
YoY Change -12.8% -9.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $365.3M $306.2M
Total Long-Term Liabilities $1.482B $1.700B
Total Liabilities $1.848B $2.006B
YoY Change -7.9% -12.52%
SHAREHOLDERS EQUITY
Retained Earnings $1.015B $762.6M
YoY Change 33.06% -13.4%
Common Stock $85.76M $85.29M
YoY Change 0.55% 0.65%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.860B $1.569B
YoY Change
Total Liabilities & Shareholders Equity $5.792B $5.662B
YoY Change 2.3% -8.54%

Cashflow Statement

Concept 2017 Q4 2016 Q4
OPERATING ACTIVITIES
Net Income $198.7M $88.91M
YoY Change 123.44% -147.01%
Depreciation, Depletion And Amortization $55.83M $56.20M
YoY Change -0.65% -20.35%
Cash From Operating Activities $97.50M $144.6M
YoY Change -32.57% 26.73%
INVESTING ACTIVITIES
Capital Expenditures $142.6M $106.1M
YoY Change 34.47% -43.12%
Acquisitions
YoY Change
Other Investing Activities -$2.612M $4.297M
YoY Change -160.79% -72.73%
Cash From Investing Activities -$140.0M -$104.6M
YoY Change 33.84% -45.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $307.0M $0.00
YoY Change
Cash From Financing Activities -344.0M -33.50M
YoY Change 926.87% -11266.67%
NET CHANGE
Cash From Operating Activities 97.50M 144.6M
Cash From Investing Activities -140.0M -104.6M
Cash From Financing Activities -344.0M -33.50M
Net Change In Cash -386.5M 6.500M
YoY Change -6046.15% -108.42%
FREE CASH FLOW
Cash From Operating Activities $97.50M $144.6M
Capital Expenditures $142.6M $106.1M
Free Cash Flow -$45.11M $38.55M
YoY Change -217.03% -153.29%

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P4Y
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