2012 Q1 Form 10-Q Financial Statement
#000119312512225693 Filed on May 10, 2012
Income Statement
| Concept | 2012 Q1 |
|---|---|
| Revenue | $383.7M |
| YoY Change | -27.27% |
| Cost Of Revenue | $150.7M |
| YoY Change | -9.0% |
| Gross Profit | $280.6M |
| YoY Change | -23.35% |
| Gross Profit Margin | 73.13% |
| Selling, General & Admin | $213.0M |
| YoY Change | -10.16% |
| % of Gross Profit | 75.91% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $20.11M |
| YoY Change | -1.44% |
| % of Gross Profit | 7.17% |
| Operating Expenses | $232.7M |
| YoY Change | -9.53% |
| Operating Profit | $34.95M |
| YoY Change | -67.95% |
| Interest Expense | $37.00K |
| YoY Change | -81.5% |
| % of Operating Profit | 0.11% |
| Other Income/Expense, Net | $233.0K |
| YoY Change | -87.06% |
| Pretax Income | $35.84M |
| YoY Change | -67.69% |
| Income Tax | $6.430M |
| % Of Pretax Income | 17.94% |
| Net Earnings | $52.08M |
| YoY Change | -28.7% |
| Net Earnings / Revenue | 13.57% |
| Basic Earnings Per Share | $0.78 |
| Diluted Earnings Per Share | $0.78 |
| COMMON SHARES | |
| Basic Shares Outstanding | 66.84M shares |
| Diluted Shares Outstanding | 66.96M shares |
Balance Sheet
| Concept | 2012 Q1 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $389.9M |
| YoY Change | -2.31% |
| Cash & Equivalents | $125.9M |
| Short-Term Investments | $160.5M |
| Other Short-Term Assets | $99.60M |
| YoY Change | 6.87% |
| Inventory | $9.800M |
| Prepaid Expenses | |
| Receivables | $62.00M |
| Other Receivables | $19.70M |
| Total Short-Term Assets | $581.0M |
| YoY Change | 1.7% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $341.8M |
| YoY Change | -4.98% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $57.30M |
| YoY Change | 2.87% |
| Total Long-Term Assets | $698.3M |
| YoY Change | -24.75% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $581.0M |
| Total Long-Term Assets | $698.3M |
| Total Assets | $1.279B |
| YoY Change | -14.67% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $34.20M |
| YoY Change | -17.59% |
| Accrued Expenses | $100.5M |
| YoY Change | -14.76% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $400.0K |
| YoY Change | -55.56% |
| Total Short-Term Liabilities | $293.3M |
| YoY Change | -25.06% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $100.0K |
| YoY Change | -83.33% |
| Other Long-Term Liabilities | $176.8M |
| YoY Change | -2.32% |
| Total Long-Term Liabilities | $176.9M |
| YoY Change | -2.59% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $293.3M |
| Total Long-Term Liabilities | $176.9M |
| Total Liabilities | $470.2M |
| YoY Change | -17.94% |
| 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 | $809.1M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $1.279B |
| YoY Change | -14.67% |
Cashflow Statement
| Concept | 2012 Q1 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $52.08M |
| YoY Change | -28.7% |
| Depreciation, Depletion And Amortization | $20.11M |
| YoY Change | -1.44% |
| Cash From Operating Activities | $17.35M |
| YoY Change | -70.93% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | $12.30M |
| YoY Change | -151.69% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $12.00K |
| YoY Change | -99.37% |
| Cash From Investing Activities | -$12.18M |
| YoY Change | -44.14% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | $55.95M |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -60.06M |
| YoY Change | -32.6% |
| NET CHANGE | |
| Cash From Operating Activities | 17.35M |
| Cash From Investing Activities | -12.18M |
| Cash From Financing Activities | -60.06M |
| Net Change In Cash | -54.88M |
| YoY Change | 7.19% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $17.35M |
| Capital Expenditures | $12.30M |
| Free Cash Flow | $5.049M |
| YoY Change | -93.95% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2011Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
17306000 | |
| CY2012Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
9418000 | |
| CY2012Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
66844000 | |
| CY2011Q1 | ceco |
Remaining Lease Obligations Incurred
RemainingLeaseObligationsIncurred
|
-1173000 | |
| CY2012Q1 | ceco |
Remaining Lease Obligations Incurred
RemainingLeaseObligationsIncurred
|
297000 | |
| CY2011Q4 | us-gaap |
Assets
Assets
|
1316120000 | |
| CY2012Q1 | us-gaap |
Assets
Assets
|
1279260000 | |
| CY2011Q1 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
1283000 | |
| CY2012Q1 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
-6254000 | |
| CY2011Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
108875000 | |
| CY2012Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
46631000 | |
| CY2011Q1 | us-gaap |
Revenues
Revenues
|
531700000 | |
| CY2012Q1 | us-gaap |
Revenues
Revenues
|
434137000 |
