2020 Q3 Form 10-Q Financial Statement

#000156459020048084 Filed on October 28, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q3
Revenue $1.083B $942.2M
YoY Change 14.92% 38.06%
Cost Of Revenue $291.3M $244.3M
YoY Change 19.24% 33.79%
Gross Profit $791.5M $697.9M
YoY Change 13.41% 39.61%
Gross Profit Margin 73.1% 74.07%
Selling, General & Admin $74.30M $65.20M
YoY Change 13.96% 4.82%
% of Gross Profit 9.39% 9.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $400.7M $282.2M
YoY Change 41.99% 11.67%
% of Gross Profit 50.63% 40.44%
Operating Expenses $478.1M $349.7M
YoY Change 36.72% 9.86%
Operating Profit $556.5M $471.5M
YoY Change 18.04% 25.53%
Interest Expense -$113.6M $46.20M
YoY Change -345.89% 190.57%
% of Operating Profit -20.41% 9.8%
Other Income/Expense, Net
YoY Change
Pretax Income $344.7M $504.1M
YoY Change -31.63% 29.43%
Income Tax $12.20M $13.10M
% Of Pretax Income 3.54% 2.6%
Net Earnings $332.5M $491.0M
YoY Change -32.28% 30.76%
Net Earnings / Revenue 30.71% 52.11%
Basic Earnings Per Share $0.40 $0.71
Diluted Earnings Per Share $0.40 $0.71
COMMON SHARES
Basic Shares Outstanding 738.2M 630.9M
Diluted Shares Outstanding 764.6M 655.3M

Balance Sheet

Concept 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $940.0M $1.025B
YoY Change -8.29% 271.38%
Cash & Equivalents $940.2M $1.025B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $940.0M $1.025B
YoY Change -8.29% 271.38%
LONG-TERM ASSETS
Property, Plant & Equipment $43.33B $30.06B
YoY Change 44.15% 0.76%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $7.311B $5.887B
YoY Change 24.19% 4.79%
Other Assets $1.757B $799.0M
YoY Change 119.9% 4.86%
Total Long-Term Assets $54.82B $38.42B
YoY Change 42.67% 1.13%
TOTAL ASSETS
Total Short-Term Assets $940.0M $1.025B
Total Long-Term Assets $54.82B $38.42B
Total Assets $55.76B $39.45B
YoY Change 41.35% 3.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.119B $809.0M
YoY Change 38.32% -7.33%
Accrued Expenses $449.0M $432.0M
YoY Change 3.94%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.000M $13.00M
YoY Change -84.62%
Total Short-Term Liabilities $1.570B $1.254B
YoY Change 25.2% 43.64%
LONG-TERM LIABILITIES
Long-Term Debt $16.52B $11.45B
YoY Change 44.29% 1.91%
Other Long-Term Liabilities $1.185B $812.0M
YoY Change 45.94% 12.0%
Total Long-Term Liabilities $17.70B $12.26B
YoY Change 44.4% 2.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.570B $1.254B
Total Long-Term Liabilities $17.70B $12.26B
Total Liabilities $23.66B $13.51B
YoY Change 75.11% 5.32%
SHAREHOLDERS EQUITY
Retained Earnings -$2.201B
YoY Change -17.63%
Common Stock $6.317M
YoY Change 0.35%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $32.10B $22.52B
YoY Change
Total Liabilities & Shareholders Equity $55.76B $39.45B
YoY Change 41.35% 3.08%

Cashflow Statement

Concept 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income $332.5M $491.0M
YoY Change -32.28% 30.76%
Depreciation, Depletion And Amortization $400.7M $282.2M
YoY Change 41.99% 11.67%
Cash From Operating Activities $978.0M $644.2M
YoY Change 51.82% 28.66%
INVESTING ACTIVITIES
Capital Expenditures -$703.7M -$755.2M
YoY Change -6.82% -4.79%
Acquisitions
YoY Change
Other Investing Activities $375.1M $391.2M
YoY Change -4.12% 16.53%
Cash From Investing Activities -$328.6M -$364.0M
YoY Change -9.73% -20.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -260.4M 350.5M
YoY Change -174.29% -221.32%
NET CHANGE
Cash From Operating Activities 978.0M 644.2M
Cash From Investing Activities -328.6M -364.0M
Cash From Financing Activities -260.4M 350.5M
Net Change In Cash 389.0M 630.7M
YoY Change -38.32% -356.9%
FREE CASH FLOW
Cash From Operating Activities $978.0M $644.2M
Capital Expenditures -$703.7M -$755.2M
Free Cash Flow $1.682B $1.399B
YoY Change 20.17% 8.15%

Facts In Submission

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