2013 Q4 Form 10-Q Financial Statement

#000110465913081805 Filed on November 06, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue $10.63B $10.70B $9.354B
YoY Change 12.63% 14.42% 5.85%
Cost Of Revenue $10.04B $10.24B $8.816B
YoY Change 13.71% 16.1% 5.47%
Gross Profit $588.0M $408.0M $466.0M
YoY Change -2.97% -12.45% 9.39%
Gross Profit Margin 5.53% 3.81% 4.98%
Selling, General & Admin $83.00M $79.00M $81.00M
YoY Change 6.41% -2.47% 44.64%
% of Gross Profit 14.12% 19.36% 17.38%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $100.0M $92.00M $210.0M
YoY Change -20.63% -56.19% 223.08%
% of Gross Profit 17.01% 22.55% 45.06%
Operating Expenses $183.0M $172.0M $166.0M
YoY Change 13.66% 3.61% 37.19%
Operating Profit $394.0M $296.0M $247.0M
YoY Change -1.99% 19.84% -30.81%
Interest Expense -$67.00M $72.00M $74.00M
YoY Change 9.84% -2.7% 19.35%
% of Operating Profit -17.01% 24.32% 29.96%
Other Income/Expense, Net -$1.000M $3.000M $4.000M
YoY Change -25.0% -180.0%
Pretax Income $337.0M $246.0M $186.0M
YoY Change -1.17% 32.26% -36.73%
Income Tax $20.00M $9.000M $13.00M
% Of Pretax Income 5.93% 3.66% 6.99%
Net Earnings $309.0M $231.0M $165.0M
YoY Change -3.44% 40.0% -41.28%
Net Earnings / Revenue 2.91% 2.16% 1.76%
Basic Earnings Per Share
Diluted Earnings Per Share $893.1K $669.6K $498.5K
COMMON SHARES
Basic Shares Outstanding 343.0M shares 342.7M shares 163.9M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $41.00M $33.00M $32.00M
YoY Change 70.83% 3.13% 128.57%
Cash & Equivalents $41.00M $33.00M $32.00M
Short-Term Investments
Other Short-Term Assets $220.0M $352.0M $142.0M
YoY Change -37.32% 147.89% 39.22%
Inventory $1.065B $1.198B $1.320B
Prepaid Expenses
Receivables $3.638B $3.562B $3.319B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.964B $5.145B $4.813B
YoY Change -3.56% 6.9% 14.87%
LONG-TERM ASSETS
Property, Plant & Equipment $10.82B $10.61B $9.348B
YoY Change 12.2% 13.47% 19.75%
Goodwill $2.503B $2.519B $2.119B
YoY Change -1.26% 18.88%
Intangibles
YoY Change
Long-Term Investments $485.0M $474.0M $289.0M
YoY Change 41.4% 64.01% 48.97%
Other Assets $540.0M $534.0M $617.0M
YoY Change -7.85% -13.45% 353.68%
Total Long-Term Assets $15.40B $15.12B $13.37B
YoY Change 9.28% 13.07% 30.44%
TOTAL ASSETS
Total Short-Term Assets $4.964B $5.145B $4.813B
Total Long-Term Assets $15.40B $15.12B $13.37B
Total Assets $20.36B $20.27B $18.19B
YoY Change 5.85% 11.44% 25.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.983B $4.049B $3.707B
YoY Change 4.21% 9.23% 12.78%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.113B $619.0M $834.0M
YoY Change 2.49% -25.78% 34.73%
Total Short-Term Liabilities $5.411B $5.011B $4.886B
YoY Change 4.4% 2.56% 18.42%
LONG-TERM LIABILITIES
Long-Term Debt $6.715B $7.018B $5.811B
YoY Change 6.25% 20.77% 29.13%
Other Long-Term Liabilities $531.0M $554.0M $565.0M
YoY Change -9.39% -1.95% 70.18%
Total Long-Term Liabilities $7.246B $7.572B $6.376B
YoY Change 4.92% 18.76% 31.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.411B $5.011B $4.886B
Total Long-Term Liabilities $7.246B $7.572B $6.376B
Total Liabilities $12.66B $12.58B $11.26B
YoY Change 4.7% 11.73% 18.71%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.644B $7.150B $6.420B
YoY Change
Total Liabilities & Shareholders Equity $20.36B $20.27B $18.19B
YoY Change 5.85% 11.44% 25.92%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $309.0M $231.0M $165.0M
YoY Change -3.44% 40.0% -41.28%
Depreciation, Depletion And Amortization $100.0M $92.00M $210.0M
YoY Change -20.63% -56.19% 223.08%
Cash From Operating Activities $360.0M $257.0M $532.0M
YoY Change 0.0% -51.69% -31.79%
INVESTING ACTIVITIES
Capital Expenditures -$457.0M -$469.0M -$279.0M
YoY Change 29.83% 68.1% 72.22%
Acquisitions
YoY Change
Other Investing Activities $144.0M $61.00M -$59.00M
YoY Change -121.69% -203.39% -1575.0%
Cash From Investing Activities -$313.0M -$408.0M -$338.0M
YoY Change -69.19% 20.71% 113.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -39.00M 168.0M -177.0M
YoY Change -106.0% -194.92% -71.68%
NET CHANGE
Cash From Operating Activities 360.0M 257.0M 532.0M
Cash From Investing Activities -313.0M -408.0M -338.0M
Cash From Financing Activities -39.00M 168.0M -177.0M
Net Change In Cash 8.000M 17.00M 17.00M
YoY Change -233.33% 0.0% -666.67%
FREE CASH FLOW
Cash From Operating Activities $360.0M $257.0M $532.0M
Capital Expenditures -$457.0M -$469.0M -$279.0M
Free Cash Flow $817.0M $726.0M $811.0M
YoY Change 14.75% -10.48% -13.91%

Facts In Submission

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