2016 Q1 Form 8-K Financial Statement

#000158420716000118 Filed on August 29, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q4 2015 Q1
Revenue $831.0M $690.0M $403.0M
YoY Change 106.2% 69.53% -26.86%
Cost Of Revenue $226.0M $215.0M $158.0M
YoY Change 43.04% 36.77% -22.93%
Gross Profit $908.0M $583.0M $297.0M
YoY Change 205.72% 101.52% -31.72%
Gross Profit Margin 109.27% 84.49% 73.7%
Selling, General & Admin $214.0M $180.0M $93.00M
YoY Change 130.11% 121.4% 1.09%
% of Gross Profit 23.57% 30.87% 31.31%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $151.0M $123.0M $18.00M
YoY Change 738.89% 254.47%
% of Gross Profit 16.63% 21.1% 6.06%
Operating Expenses $623.0M $852.0M $251.0M
YoY Change 148.21% 218.27% -23.71%
Operating Profit $285.0M -$269.0M $46.00M
YoY Change 519.57% -1345.37% -56.6%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $252.0M -$302.0M $43.00M
YoY Change 486.05% 504.0% -62.61%
Income Tax $87.00M -$134.0M $8.000M
% Of Pretax Income 34.52% 18.6%
Net Earnings $137.0M -$197.0M $2.000M
YoY Change 6750.0% 515.63% -97.56%
Net Earnings / Revenue 16.49% -28.55% 0.5%
Basic Earnings Per Share $1.02 -$1.46 $0.01
Diluted Earnings Per Share $1.01 -$1.46 $0.01
COMMON SHARES
Basic Shares Outstanding 134.7M shares 134.5M shares 115.0M shares
Diluted Shares Outstanding 134.9M shares 115.4M shares

Balance Sheet

Concept 2016 Q1 2015 Q4 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.588B $2.806B $5.157B
YoY Change -49.82% -26.43% 268.61%
Cash & Equivalents $716.0M $939.0M $2.421B
Short-Term Investments $1.872B $1.867B $2.736B
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $716.0M $939.0M $2.421B
YoY Change -70.43% 6.83% 216.88%
LONG-TERM ASSETS
Property, Plant & Equipment $179.0M
YoY Change 96.7%
Goodwill $1.422B $1.440B
YoY Change
Intangibles $539.0M $559.0M
YoY Change 2561.9%
Long-Term Investments $1.000M $1.000M $1.000M
YoY Change 0.0% 0.0% 66.67%
Other Assets $588.0M $676.0M $344.0M
YoY Change 70.93% 210.09% -33.59%
Total Long-Term Assets $18.42B $20.25B $9.859B
YoY Change 86.81% 101.5% -28.34%
TOTAL ASSETS
Total Short-Term Assets $716.0M $939.0M $2.421B
Total Long-Term Assets $18.42B $20.25B $9.859B
Total Assets $19.13B $21.19B $12.28B
YoY Change 55.81% 93.89% -15.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $14.87B $17.30B $9.635B
YoY Change 54.33% 107.04% -17.92%
Other Long-Term Liabilities $1.204B $1.131B $779.0M
YoY Change 54.56% 142.18% 19.48%
Total Long-Term Liabilities $16.07B $18.43B $10.41B
YoY Change 54.35% 108.9% -15.96%
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities $16.07B $18.43B $10.41B
Total Liabilities $16.16B $18.46B $10.56B
YoY Change 53.13% 105.18% -15.96%
SHAREHOLDERS EQUITY
Retained Earnings $1.445B $1.308B $1.492B
YoY Change -3.15% -14.4% 43.6%
Common Stock $1.538B $1.534B $531.0M
YoY Change 189.64% 189.43% 0.79%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.970B $2.809B $2.026B
YoY Change
Total Liabilities & Shareholders Equity $19.13B $21.19B $12.41B
YoY Change 54.22% 93.89% -14.57%

Cashflow Statement

Concept 2016 Q1 2015 Q4 2015 Q1
OPERATING ACTIVITIES
Net Income $137.0M -$197.0M $2.000M
YoY Change 6750.0% 515.63% -97.56%
Depreciation, Depletion And Amortization $151.0M $123.0M $18.00M
YoY Change 738.89% 254.47%
Cash From Operating Activities $416.0M $343.0M $189.0M
YoY Change 120.11% 429.32% -30.51%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $2.000M -$2.779B -$7.000M
YoY Change -128.57% 187.09% -240.0%
Cash From Investing Activities -$45.00M -$2.779B $161.0M
YoY Change -127.95% 187.09% -85.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $2.335B $315.0M
YoY Change 641.27% -80.13%
Cash From Financing Activities -683.0M -31.00M 1.192B
YoY Change -157.3% -83.47% -217.79%
NET CHANGE
Cash From Operating Activities 416.0M 343.0M 189.0M
Cash From Investing Activities -45.00M -2.779B 161.0M
Cash From Financing Activities -683.0M -31.00M 1.192B
Net Change In Cash -312.0M -2.467B 1.542B
YoY Change -120.23% 126.19% 363.06%
FREE CASH FLOW
Cash From Operating Activities $416.0M $343.0M $189.0M
Capital Expenditures
Free Cash Flow
YoY Change

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CY2015Q1 us-gaap Proceeds From Sale Of Loans Receivable
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CY2015Q1 us-gaap Proceeds From Sale Of Trading Securities Heldforinvestment
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CY2015Q1 us-gaap Repayments Of Long Term Debt
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CY2015Q1 us-gaap Share Based Compensation
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CY2015Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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2730000000 USD
CY2016Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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2970000000 USD
CY2015Q4 us-gaap Trading Securities
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CY2016Q1 us-gaap Trading Securities
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CY2015Q4 us-gaap Trading Securities Debt
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CY2016Q1 us-gaap Trading Securities Debt
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CY2015Q4 us-gaap Trading Securities Equity
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CY2016Q1 us-gaap Trading Securities Equity
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6000000 USD
CY2015Q4 us-gaap Trading Securities Other
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CY2016Q1 us-gaap Trading Securities Other
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129000000 USD
CY2015Q1 us-gaap Trading Securities Realized Gain Loss
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0 USD
CY2016Q1 us-gaap Trading Securities Realized Gain Loss
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0 USD
CY2015Q1 us-gaap Trading Securities Unrealized Holding Gain Loss
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3000000 USD
CY2016Q1 us-gaap Trading Securities Unrealized Holding Gain Loss
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CY2015Q1 us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
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CY2016Q1 us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
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CY2015Q1 us-gaap Transfer To Other Real Estate
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CY2015Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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15000000 USD
CY2016Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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16000000 USD
CY2016Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2015Q4 us-gaap Unused Commitments To Extend Credit
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CY2016Q1 us-gaap Unused Commitments To Extend Credit
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21000000 USD
CY2015Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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405185 shares
CY2016Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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212989 shares
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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115432655 shares
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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134907748 shares
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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115027470 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
134694759 shares

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