2013 Q3 Form 10-Q Financial Statement

#000119312514408729 Filed on November 12, 2014

View on sec.gov

Income Statement

Concept 2013 Q3
Revenue $4.941B
YoY Change 2.91%
Cost Of Revenue $4.532B
YoY Change 1.79%
Gross Profit $408.5M
YoY Change 17.15%
Gross Profit Margin 8.27%
Selling, General & Admin $125.1M
YoY Change 9.38%
% of Gross Profit 30.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $150.6M
YoY Change -2.27%
% of Gross Profit 36.86%
Operating Expenses $125.1M
YoY Change 9.38%
Operating Profit $283.4M
YoY Change 20.94%
Interest Expense $38.62M
YoY Change -10.09%
% of Operating Profit 13.63%
Other Income/Expense, Net
YoY Change
Pretax Income $248.2M
YoY Change 29.42%
Income Tax $70.09M
% Of Pretax Income 28.24%
Net Earnings $147.6M
YoY Change 33.8%
Net Earnings / Revenue 2.99%
Basic Earnings Per Share $0.46
Diluted Earnings Per Share $0.46
COMMON SHARES
Basic Shares Outstanding 319.3M shares
Diluted Shares Outstanding 319.5M shares

Balance Sheet

Concept 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.771B
YoY Change -16.58%
Cash & Equivalents $1.723B
Short-Term Investments $48.00M
Other Short-Term Assets $339.5M
YoY Change -29.56%
Inventory $2.440B
Prepaid Expenses
Receivables $1.918B
Other Receivables $0.00
Total Short-Term Assets $6.469B
YoY Change -2.31%
LONG-TERM ASSETS
Property, Plant & Equipment $4.697B
YoY Change 14.4%
Goodwill $1.984B
YoY Change -1.24%
Intangibles $896.4M
YoY Change -8.56%
Long-Term Investments $913.7M
YoY Change 22.33%
Other Assets $1.045B
YoY Change 20.7%
Total Long-Term Assets $8.623B
YoY Change 2.96%
TOTAL ASSETS
Total Short-Term Assets $6.469B
Total Long-Term Assets $8.623B
Total Assets $15.09B
YoY Change 0.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.137B
YoY Change -4.16%
Accrued Expenses $529.2M
YoY Change 9.63%
Deferred Revenue
YoY Change
Short-Term Debt $38.20M
YoY Change 23.77%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.993B
YoY Change -30.95%
LONG-TERM LIABILITIES
Long-Term Debt $4.380B
YoY Change 29.58%
Other Long-Term Liabilities $855.0M
YoY Change -1.27%
Total Long-Term Liabilities $4.380B
YoY Change 29.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.993B
Total Long-Term Liabilities $4.380B
Total Liabilities $7.229B
YoY Change 1.33%
SHAREHOLDERS EQUITY
Retained Earnings $7.089B
YoY Change -0.57%
Common Stock $1.992B
YoY Change 1.92%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.498B
YoY Change -0.25%
Treasury Stock Shares
Shareholders Equity $7.605B
YoY Change
Total Liabilities & Shareholders Equity $15.09B
YoY Change 0.63%

Cashflow Statement

Concept 2013 Q3
OPERATING ACTIVITIES
Net Income $147.6M
YoY Change 33.8%
Depreciation, Depletion And Amortization $150.6M
YoY Change -2.27%
Cash From Operating Activities $398.6M
YoY Change -41.23%
INVESTING ACTIVITIES
Capital Expenditures -$266.6M
YoY Change 15.71%
Acquisitions
YoY Change
Other Investing Activities $85.00M
YoY Change -63.41%
Cash From Investing Activities -$181.7M
YoY Change -8752.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 874.4M
YoY Change -959.78%
NET CHANGE
Cash From Operating Activities 398.6M
Cash From Investing Activities -181.7M
Cash From Financing Activities 874.4M
Net Change In Cash 1.091B
YoY Change 88.61%
FREE CASH FLOW
Cash From Operating Activities $398.6M
Capital Expenditures -$266.6M
Free Cash Flow $665.2M
YoY Change -26.79%

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CY2013Q3 nue Costs And Expenses Operating And Nonoperating
CostsAndExpensesOperatingAndNonoperating
4692734000
CY2013Q3 nue Antidilutive Securities Excluded From Computation Of Earnings Per Share Weighted Average Exercise Price
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareWeightedAverageExercisePrice
0.00
CY2013Q3 nue Profit Sharing And Retirement Savings Plan Expense
ProfitSharingAndRetirementSavingsPlanExpense
22500000
CY2013Q3 nue Other Comprehensive Income Loss Amounts Reclassified From Accumulated Other Comprehensive Income Net Of Tax
OtherComprehensiveIncomeLossAmountsReclassifiedFromAccumulatedOtherComprehensiveIncomeNetOfTax
0
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.76
CY2014Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
314000 shares
CY2014Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.321 pure
CY2014Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
320337000 shares
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.76
CY2014Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3700
CY2014Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2014Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
320023000 shares
CY2014Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-81689000
CY2014Q4 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
244666000
CY2014Q4 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
-45349000
CY2014Q4 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-81586000
CY2014Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-81389000
CY2014Q4 us-gaap Sales Revenue Net
SalesRevenueNet
5701869000
CY2014Q4 us-gaap Profit Loss
ProfitLoss
274201000
CY2014Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
403985000
CY2014Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
100000
CY2014Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
164058000
CY2014Q4 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
0
CY2014Q4 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
103000
CY2014Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-81689000
CY2014Q4 us-gaap Goodwill Other Changes
GoodwillOtherChanges
-26400000
CY2014Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
244666000
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
245447000
CY2014Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
1275000
CY2014Q4 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
300000
CY2014Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2352000
CY2014Q4 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
192812000
CY2014Q4 us-gaap Interest Expense
InterestExpense
46624000
CY2014Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0
CY2014Q4 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
781000
CY2014Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
152604000
CY2014Q4 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
781000
CY2014Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
17900000
CY2014Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
129784000
CY2014Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-197000
CY2014Q4 us-gaap Cost Of Goods Sold
CostOfGoodsSold
5102283000
CY2014Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0
CY2014Q4 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
100000
CY2014Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
0
CY2014Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
0
CY2014Q4 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
100000
CY2014Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
28754000
CY2014Q4 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
28754000
CY2014Q4 nue Costs And Expenses Operating And Nonoperating
CostsAndExpensesOperatingAndNonoperating
5297884000
CY2014Q4 nue Antidilutive Securities Excluded From Computation Of Earnings Per Share Weighted Average Exercise Price
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareWeightedAverageExercisePrice
0.00
CY2014Q4 nue Profit Sharing And Retirement Savings Plan Expense
ProfitSharingAndRetirementSavingsPlanExpense
37300000
CY2014Q4 nue Other Comprehensive Income Loss Amounts Reclassified From Accumulated Other Comprehensive Income Net Of Tax
OtherComprehensiveIncomeLossAmountsReclassifiedFromAccumulatedOtherComprehensiveIncomeNetOfTax
197000
CY2013Q4 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0

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