2023 Q4 Form 10-Q Financial Statement

#000076462223000103 Filed on November 02, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $991.6M $1.638B
YoY Change -1.76% 11.42%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $217.9M $219.6M
YoY Change 6.37% 5.65%
% of Gross Profit
Operating Expenses $917.2M $1.121B
YoY Change -5.69% 6.58%
Operating Profit $516.3M
YoY Change 23.63%
Interest Expense -$69.29M $87.82M
YoY Change -2.07% 38.31%
% of Operating Profit 17.01%
Other Income/Expense, Net $2.197M $31.12M
YoY Change -60.51% 6.28%
Pretax Income $7.070M $459.6M
YoY Change -124.86% 19.88%
Income Tax $2.787M $57.05M
% Of Pretax Income 39.42% 12.41%
Net Earnings -$23.00K $402.5M
YoY Change -99.9% 21.74%
Net Earnings / Revenue 0.0% 24.58%
Basic Earnings Per Share $3.51
Diluted Earnings Per Share $0.00 $3.50
COMMON SHARES
Basic Shares Outstanding 113.4M shares 113.3M shares
Diluted Shares Outstanding 113.8M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.955M $15.11M
YoY Change 2.55% 114.85%
Cash & Equivalents $4.955M $15.11M
Short-Term Investments
Other Short-Term Assets $101.4M $108.3M
YoY Change 68.77% 66.59%
Inventory $493.5M $493.8M
Prepaid Expenses
Receivables $491.5M $644.3M
Other Receivables $332.0K $0.00
Total Short-Term Assets $1.927B $2.162B
YoY Change 10.08% 7.21%
LONG-TERM ASSETS
Property, Plant & Equipment $15.80B $15.62B
YoY Change 8.82% 7.9%
Goodwill
YoY Change
Intangibles $267.1M $249.5M
YoY Change 3.18% 1.13%
Long-Term Investments
YoY Change
Other Assets $102.8M $102.9M
YoY Change -18.16% -15.23%
Total Long-Term Assets $22.73B $22.27B
YoY Change 8.4% 6.94%
TOTAL ASSETS
Total Short-Term Assets $1.927B $2.162B
Total Long-Term Assets $22.73B $22.27B
Total Assets $24.66B $24.43B
YoY Change 8.53% 6.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $442.5M $405.0M
YoY Change 2.79% -14.81%
Accrued Expenses $140.8M $166.8M
YoY Change -15.4% -12.46%
Deferred Revenue $42.04M $40.56M
YoY Change 0.64% -2.81%
Short-Term Debt $609.5M $424.0M
YoY Change 78.89% -9.17%
Long-Term Debt Due $875.0M $250.0M
YoY Change 1626.35% 804.88%
Total Short-Term Liabilities $2.889B $1.968B
YoY Change 63.97% -4.49%
LONG-TERM LIABILITIES
Long-Term Debt $7.541B $8.164B
YoY Change -2.59% 11.17%
Other Long-Term Liabilities $251.5M $288.7M
YoY Change -0.27% 15.82%
Total Long-Term Liabilities $7.792B $8.453B
YoY Change -2.52% 11.32%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.889B $1.968B
Total Long-Term Liabilities $7.792B $8.453B
Total Liabilities $10.68B $10.42B
YoY Change 9.49% 7.95%
SHAREHOLDERS EQUITY
Retained Earnings $3.466B $3.666B
YoY Change 3.15% 2.4%
Common Stock $2.753B $2.745B
YoY Change 1.03% 0.89%
Preferred Stock
YoY Change
Treasury Stock (at cost) $8.185M $5.328M
YoY Change 63.54% 104.69%
Treasury Stock Shares
Shareholders Equity $6.178B $6.375B
YoY Change
Total Liabilities & Shareholders Equity $24.66B $24.43B
YoY Change 8.53% 6.96%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$23.00K $402.5M
YoY Change -99.9% 21.74%
Depreciation, Depletion And Amortization $217.9M $219.6M
YoY Change 6.37% 5.65%
Cash From Operating Activities $373.8M $396.3M
YoY Change 78.4% -10.67%
INVESTING ACTIVITIES
Capital Expenditures $531.8M $396.3M
YoY Change 23.5% -191.4%
Acquisitions
YoY Change
Other Investing Activities $73.50M $44.20M
YoY Change 113.17% 637.05%
Cash From Investing Activities -$458.3M -$352.1M
YoY Change 15.7% -17.66%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 74.39M -36.70M
YoY Change -59.66% -3.77%
NET CHANGE
Cash From Operating Activities 373.8M 396.3M
Cash From Investing Activities -458.3M -352.1M
Cash From Financing Activities 74.39M -36.70M
Net Change In Cash -10.15M 7.450M
YoY Change 361.5% -133.62%
FREE CASH FLOW
Cash From Operating Activities $373.8M $396.3M
Capital Expenditures $531.8M $396.3M
Free Cash Flow -$158.0M -$48.00K
YoY Change -28.52% -100.01%

Facts In Submission

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Files In Submission

Name View Source Status
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pnw-20230930_lab.xml Edgar Link unprocessable
pnw-20230930_cal.xml Edgar Link unprocessable
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exhibit311-09302023.htm Edgar Link pending
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