2023 Q3 Form 10-Q Financial Statement

#000007014523000030 Filed on August 03, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $368.9M $428.7M
YoY Change -15.22% -14.71%
Cost Of Revenue -$12.90M $35.43M
YoY Change -156.27% -47.86%
Gross Profit $381.8M $393.3M
YoY Change -7.38% -9.52%
Gross Profit Margin 103.5% 91.74%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $109.6M $102.4M
YoY Change 16.46% 6.84%
% of Gross Profit 28.71% 26.04%
Operating Expenses $256.5M $239.2M
YoY Change 9.42% -10.32%
Operating Profit $125.3M $154.1M
YoY Change -29.53% -14.72%
Interest Expense -$32.90M -$32.09M
YoY Change -1.78% -5.54%
% of Operating Profit -26.26% -20.83%
Other Income/Expense, Net $5.400M $3.551M
YoY Change -212.5% -162.86%
Pretax Income $97.80M $125.6M
YoY Change -29.89% -11.0%
Income Tax $24.10M $32.94M
% Of Pretax Income 24.64% 26.23%
Net Earnings $73.70M $92.62M
YoY Change -53.4% -14.37%
Net Earnings / Revenue 19.98% 21.6%
Basic Earnings Per Share $1.01
Diluted Earnings Per Share $0.80 $1.00
COMMON SHARES
Basic Shares Outstanding 91.82M shares 91.80M shares
Diluted Shares Outstanding 92.29M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $55.40M $53.42M
YoY Change 20.31% -87.65%
Cash & Equivalents $55.45M $53.42M
Short-Term Investments
Other Short-Term Assets $100.3M $109.2M
YoY Change -64.25% 77.9%
Inventory $81.50M $61.34M
Prepaid Expenses
Receivables $160.6M $183.4M
Other Receivables $30.70M $0.00
Total Short-Term Assets $414.4M $407.3M
YoY Change -45.55% -64.59%
LONG-TERM ASSETS
Property, Plant & Equipment $7.300B $7.081B
YoY Change 11.17% 10.89%
Goodwill $5.500M $5.476M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $74.00M $74.78M
YoY Change -22.13% -22.56%
Other Assets $4.891M $538.2M
YoY Change -98.96% 15333.87%
Total Long-Term Assets $7.866B $7.699B
YoY Change 10.24% 10.6%
TOTAL ASSETS
Total Short-Term Assets $414.4M $407.3M
Total Long-Term Assets $7.866B $7.699B
Total Assets $8.280B $8.107B
YoY Change 4.86% -0.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $152.2M $91.81M
YoY Change -14.95% -36.82%
Accrued Expenses $161.0M $301.0M
YoY Change -41.4% 18.34%
Deferred Revenue
YoY Change
Short-Term Debt $287.5M $138.5M
YoY Change 379.17% -65.38%
Long-Term Debt Due $0.00 $0.00
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $806.3M $665.7M
YoY Change -58.49% -69.27%
LONG-TERM LIABILITIES
Long-Term Debt $2.384B $2.384B
YoY Change 14.45% 14.46%
Other Long-Term Liabilities $121.8M $1.091B
YoY Change -88.85% 717.53%
Total Long-Term Liabilities $2.126B $3.475B
YoY Change -33.05% 86.88%
TOTAL LIABILITIES
Total Short-Term Liabilities $806.3M $665.7M
Total Long-Term Liabilities $2.126B $3.475B
Total Liabilities $2.932B $5.171B
YoY Change -49.58% 28.44%
SHAREHOLDERS EQUITY
Retained Earnings $1.886B $1.858B
YoY Change 18.83% 26.16%
Common Stock $91.82M $91.80M
YoY Change 0.37% 0.37%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.963B $2.936B
YoY Change
Total Liabilities & Shareholders Equity $8.280B $8.107B
YoY Change 4.86% -0.07%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $73.70M $92.62M
YoY Change -53.4% -14.37%
Depreciation, Depletion And Amortization $109.6M $102.4M
YoY Change 16.46% 6.84%
Cash From Operating Activities $182.0M $343.9M
YoY Change 14.82% 50.57%
INVESTING ACTIVITIES
Capital Expenditures $282.2M $231.4M
YoY Change -228.66% -230.67%
Acquisitions
YoY Change
Other Investing Activities -$1.100M -$113.1M
YoY Change -77.3% -146.97%
Cash From Investing Activities -$283.2M -$344.5M
YoY Change 26.32% -640.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 103.3M -17.57M
YoY Change -126.93% -112.55%
NET CHANGE
Cash From Operating Activities 182.0M 343.9M
Cash From Investing Activities -283.2M -344.5M
Cash From Financing Activities 103.3M -17.57M
Net Change In Cash 2.100M -18.12M
YoY Change -100.47% -104.19%
FREE CASH FLOW
Cash From Operating Activities $182.0M $343.9M
Capital Expenditures $282.2M $231.4M
Free Cash Flow -$100.2M $112.5M
YoY Change -126.52% -72.25%

Facts In Submission

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