2016 Q3 Form 10-Q Financial Statement

#000156459016021720 Filed on July 29, 2016

View on sec.gov

Income Statement

Concept 2016 Q3 2016 Q2 2015 Q2
Revenue $704.6M $602.2M $510.4M
YoY Change 21.35% 17.98% 10.94%
Cost Of Revenue $185.1M $168.6M $145.7M
YoY Change 14.54% 15.72% 6.04%
Gross Profit $519.4M $433.6M $364.7M
YoY Change 23.96% 18.89% 13.02%
Gross Profit Margin 73.72% 72.01% 71.45%
Selling, General & Admin $58.20M $56.90M $57.00M
YoY Change -2.02% -0.18% -5.63%
% of Gross Profit 11.21% 13.12% 15.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $224.8M $230.4M $190.2M
YoY Change -9.17% 21.14% 17.7%
% of Gross Profit 43.28% 53.14% 52.15%
Operating Expenses $286.8M $459.8M $423.1M
YoY Change -9.13% 8.69% 15.96%
Operating Profit $232.6M $142.3M $87.35M
YoY Change 124.97% 62.97% -8.32%
Interest Expense -$28.30M $76.46M $68.90M
YoY Change -44.18% 10.96% -14.07%
% of Operating Profit -12.17% 53.71% 78.88%
Other Income/Expense, Net $158.6M $57.76M
YoY Change 174.54% 19.75%
Pretax Income $323.2M $300.9M $145.1M
YoY Change 0.52% 107.38% 1.11%
Income Tax $15.92M $5.142M $4.851M
% Of Pretax Income 4.93% 1.71% 3.34%
Net Earnings $280.9M $277.1M $141.9M
YoY Change 7.77% 95.24% 74.82%
Net Earnings / Revenue 39.87% 46.01% 27.81%
Basic Earnings Per Share $0.53 $0.52 $0.27
Diluted Earnings Per Share $0.52 $0.52 $0.27
COMMON SHARES
Basic Shares Outstanding 527.0M 524.8M 523.5M
Diluted Shares Outstanding 545.4M 530.6M

Balance Sheet

Concept 2016 Q3 2016 Q2 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $375.0M $332.0M $351.0M
YoY Change 20.97% -5.41% 31.46%
Cash & Equivalents $375.1M $332.2M $351.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $409.0M $366.0M $549.0M
YoY Change -19.49% -33.33% 40.41%
LONG-TERM ASSETS
Property, Plant & Equipment $23.93B $24.04B $24.39B
YoY Change -0.75% -1.45% 42.35%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $4.581B $4.484B $4.727B
YoY Change -1.08% -5.14% -12.46%
Other Assets $450.0M $393.0M $515.0M
YoY Change 21.95% -23.69%
Total Long-Term Assets $30.48B $30.38B $31.05B
YoY Change -1.4% -2.17% 30.8%
TOTAL ASSETS
Total Short-Term Assets $409.0M $366.0M $549.0M
Total Long-Term Assets $30.48B $30.38B $31.05B
Total Assets $30.89B $30.75B $31.60B
YoY Change -1.69% -2.71% 30.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $672.0M $627.0M $537.0M
YoY Change -3.72% 16.76% -12.82%
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 $672.0M $627.0M $537.0M
YoY Change -3.72% 16.76% -16.22%
LONG-TERM LIABILITIES
Long-Term Debt $11.26B $11.14B $12.12B
YoY Change -5.67% -8.1% 42.53%
Other Long-Term Liabilities $676.0M $696.0M $590.0M
YoY Change 12.29% 17.97% -16.78%
Total Long-Term Liabilities $11.93B $11.84B $12.71B
YoY Change -4.81% -6.89% 37.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $672.0M $627.0M $537.0M
Total Long-Term Liabilities $11.93B $11.84B $12.71B
Total Liabilities $16.09B $12.46B $13.25B
YoY Change -4.16% -5.93% 34.44%
SHAREHOLDERS EQUITY
Retained Earnings -$3.885B -$3.871B
YoY Change 0.37% -7.59%
Common Stock $5.265M $5.241M
YoY Change 0.46% 4.86%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $14.80B $14.71B $14.71B
YoY Change
Total Liabilities & Shareholders Equity $30.89B $30.75B $31.60B
YoY Change -1.69% -2.71% 30.96%

Cashflow Statement

Concept 2016 Q3 2016 Q2 2015 Q2
OPERATING ACTIVITIES
Net Income $280.9M $277.1M $141.9M
YoY Change 7.77% 95.24% 74.82%
Depreciation, Depletion And Amortization $224.8M $230.4M $190.2M
YoY Change -9.17% 21.14% 17.7%
Cash From Operating Activities $363.3M $367.4M $274.4M
YoY Change 23.61% 33.89% 17.42%
INVESTING ACTIVITIES
Capital Expenditures -$631.0M -$519.7M -$573.8M
YoY Change 8.29% -9.43% 76.17%
Acquisitions
YoY Change
Other Investing Activities $501.3M $1.037B -$4.307B
YoY Change -36.44% -124.08% -759.21%
Cash From Investing Activities -$129.7M $517.2M -$4.880B
YoY Change -163.02% -110.6% -1590.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -191.3M -928.1M 4.763B
YoY Change -64.45% -119.48% -1086.01%
NET CHANGE
Cash From Operating Activities 363.3M 367.4M 274.4M
Cash From Investing Activities -129.7M 517.2M -4.880B
Cash From Financing Activities -191.3M -928.1M 4.763B
Net Change In Cash 42.30M -43.50M 157.5M
YoY Change -210.16% -127.62% 101.66%
FREE CASH FLOW
Cash From Operating Activities $363.3M $367.4M $274.4M
Capital Expenditures -$631.0M -$519.7M -$573.8M
Free Cash Flow $994.3M $887.1M $848.2M
YoY Change 13.43% 4.59% 51.63%

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