2021 Q2 Form 10-Q Financial Statement

#000156459021026758 Filed on May 12, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $7.017B $5.624B
YoY Change 24.76% -4.61%
Cost Of Revenue $5.395B $4.995B
YoY Change 8.0% -2.45%
Gross Profit $1.622B $629.3M
YoY Change 157.83% -18.86%
Gross Profit Margin 23.12% 11.19%
Selling, General & Admin $291.1M $153.4M
YoY Change 89.77% -26.6%
% of Gross Profit 17.94% 24.38%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $179.8M $175.8M
YoY Change 2.31% -4.99%
% of Gross Profit 11.08% 27.93%
Operating Expenses $291.1M $153.4M
YoY Change 89.77% -26.6%
Operating Profit $1.331B $475.9M
YoY Change 179.77% -16.0%
Interest Expense $40.97M $47.60M
YoY Change -13.92% 13.45%
% of Operating Profit 3.08% 10.0%
Other Income/Expense, Net
YoY Change
Pretax Income $1.298B $146.3M
YoY Change 787.4% -72.64%
Income Tax $310.7M $91.92M
% Of Pretax Income 23.93% 62.83%
Net Earnings $942.4M $20.33M
YoY Change 4535.44% -94.74%
Net Earnings / Revenue 13.43% 0.36%
Basic Earnings Per Share $3.10 $0.07
Diluted Earnings Per Share $3.10 $0.07
COMMON SHARES
Basic Shares Outstanding 301.8M 302.9M
Diluted Shares Outstanding 302.5M 302.9M

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.863B $1.391B
YoY Change 105.82% -6.14%
Cash & Equivalents $2.576B $1.245B
Short-Term Investments $403.0M $146.0M
Other Short-Term Assets $357.0M $307.3M
YoY Change 16.16% -3.16%
Inventory $4.360B $3.876B
Prepaid Expenses
Receivables $2.829B $2.273B
Other Receivables $0.00 $0.00
Total Short-Term Assets $10.41B $7.847B
YoY Change 32.65% -7.32%
LONG-TERM ASSETS
Property, Plant & Equipment $7.032B $6.417B
YoY Change 9.58% 10.68%
Goodwill $2.235B $2.183B
YoY Change 2.39% -0.22%
Intangibles
YoY Change
Long-Term Investments $533.9M
YoY Change -34.99%
Other Assets $733.7M $700.9M
YoY Change 4.68% -21.03%
Total Long-Term Assets $10.76B $10.02B
YoY Change 7.43% 3.72%
TOTAL ASSETS
Total Short-Term Assets $10.41B $7.847B
Total Long-Term Assets $10.76B $10.02B
Total Assets $21.17B $17.87B
YoY Change 18.51% -1.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.663B $1.190B
YoY Change 39.78% -2.47%
Accrued Expenses $713.3M $659.5M
YoY Change 8.15% 5.65%
Deferred Revenue $173.1M $121.5M
YoY Change 42.47%
Short-Term Debt $56.30M $53.26M
YoY Change 5.7% -11.36%
Long-Term Debt Due $11.00M $29.00M
YoY Change -62.07% 262.5%
Total Short-Term Liabilities $2.970B $2.219B
YoY Change 33.89% -6.8%
LONG-TERM LIABILITIES
Long-Term Debt $5.273B $4.243B
YoY Change 24.28% 0.21%
Other Long-Term Liabilities $407.0M $362.0M
YoY Change 12.43% 1.97%
Total Long-Term Liabilities $5.680B $4.605B
YoY Change 23.34% 8.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.970B $2.219B
Total Long-Term Liabilities $5.680B $4.605B
Total Liabilities $9.311B $7.270B
YoY Change 28.07% -2.13%
SHAREHOLDERS EQUITY
Retained Earnings $12.16B $11.01B
YoY Change 10.45% 0.32%
Common Stock $2.313B $2.271B
YoY Change 1.83% 0.91%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $11.45B $10.17B
YoY Change
Total Liabilities & Shareholders Equity $21.17B $17.87B
YoY Change 18.51% -1.44%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $942.4M $20.33M
YoY Change 4535.44% -94.74%
Depreciation, Depletion And Amortization $179.8M $175.8M
YoY Change 2.31% -4.99%
Cash From Operating Activities $530.4M $201.2M
YoY Change 163.62% -62.55%
INVESTING ACTIVITIES
Capital Expenditures $313.5M $416.6M
YoY Change -24.74% -215.36%
Acquisitions -$300.0K
YoY Change
Other Investing Activities -$249.0K -$535.0K
YoY Change -53.46% -90.61%
Cash From Investing Activities -$302.0M -$254.9M
YoY Change 18.49% -30.51%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $301.9M $39.50M
YoY Change 664.22%
Debt Paid & Issued, Net $47.00M
YoY Change
Cash From Financing Activities -410.7M -228.6M
YoY Change 79.63% -21.11%
NET CHANGE
Cash From Operating Activities 530.4M 201.2M
Cash From Investing Activities -302.0M -254.9M
Cash From Financing Activities -410.7M -228.6M
Net Change In Cash -178.9M -289.4M
YoY Change -38.18% 142.42%
FREE CASH FLOW
Cash From Operating Activities $530.4M $201.2M
Capital Expenditures $313.5M $416.6M
Free Cash Flow $216.9M -$215.4M
YoY Change -200.72% -123.97%

Facts In Submission

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