2013 Q4 Form 10-Q Financial Statement

#000147592213000022 Filed on November 07, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q4
Revenue $318.2M $310.4M $304.5M
YoY Change 4.51% 3.79% 10.38%
Cost Of Revenue $76.55M
YoY Change
Gross Profit $233.9M
YoY Change
Gross Profit Margin 75.34%
Selling, General & Admin $61.20M $58.40M $54.00M
YoY Change 13.33%
% of Gross Profit 24.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $38.30M $32.19M $37.10M
YoY Change 3.23% 10.12% 12.42%
% of Gross Profit 13.77%
Operating Expenses $251.8M $238.9M $198.5M
YoY Change 26.85% 8.74% -6.46%
Operating Profit -$5.040M
YoY Change
Interest Expense -$8.700M $8.726M -$8.900M
YoY Change -2.25% -1.16% 27.14%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $56.14M $62.77M $60.95M
YoY Change -7.88% -11.03% 7.52%
Income Tax $19.48M $22.04M $20.68M
% Of Pretax Income 34.69% 35.11% 33.92%
Net Earnings $37.20M $43.19M $40.27M
YoY Change -7.62% -5.28% 8.25%
Net Earnings / Revenue 11.69% 13.91% 13.23%
Basic Earnings Per Share $0.67 $0.78 $0.68
Diluted Earnings Per Share $0.67 $0.78 $0.67
COMMON SHARES
Basic Shares Outstanding 54.83M shares 54.96M 57.57M shares
Diluted Shares Outstanding 54.96M

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $149.0M $147.5M $112.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $25.05M $13.36M
YoY Change 87.53% 3.25%
Goodwill
YoY Change
Intangibles $68.86M $69.43M $69.82M
YoY Change -1.37% 0.08% -2.94%
Long-Term Investments $1.809B $1.762B $1.957B
YoY Change -7.56% -11.5% -3.21%
Other Assets $32.00M $32.00M $17.00M
YoY Change 88.24%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $10.33B $10.20B $10.34B
YoY Change -0.08% -2.25% 4.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
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 $90.00M $178.0M $255.0M
YoY Change -64.71% -35.04% 10.39%
LONG-TERM LIABILITIES
Long-Term Debt $374.0M $374.0M $374.0M
YoY Change 0.0% 0.0% 24.67%
Other Long-Term Liabilities $378.0M $330.0M $359.0M
YoY Change 5.29% -22.35% -5.77%
Total Long-Term Liabilities $752.0M $704.0M $733.0M
YoY Change 2.59% -11.89% 7.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $90.00M $178.0M $255.0M
Total Long-Term Liabilities $752.0M $704.0M $733.0M
Total Liabilities $9.108B $9.004B $9.062B
YoY Change 0.5% -1.02% 6.3%
SHAREHOLDERS EQUITY
Retained Earnings $640.8M $609.8M $503.2M
YoY Change 27.36% 30.23% 46.23%
Common Stock $473.2M $465.3M $602.8M
YoY Change -21.51% -32.8% -27.88%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 0.000 shares
Shareholders Equity $1.222B $1.196B $1.275B
YoY Change
Total Liabilities & Shareholders Equity $10.33B $10.20B $10.34B
YoY Change -0.08% -2.25% 4.93%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q4
OPERATING ACTIVITIES
Net Income $37.20M $43.19M $40.27M
YoY Change -7.62% -5.28% 8.25%
Depreciation, Depletion And Amortization $38.30M $32.19M $37.10M
YoY Change 3.23% 10.12% 12.42%
Cash From Operating Activities $97.10M $38.10M $21.60M
YoY Change 349.54% -58.13% -70.77%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$89.70M -$4.300M $8.000M
YoY Change -1221.25% -94.06% -92.29%
Cash From Investing Activities -$89.70M -$4.300M $8.000M
YoY Change -1221.25% -94.06% -92.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.900M -4.900M -103.1M
YoY Change -95.25% -108.39% -47.72%
NET CHANGE
Cash From Operating Activities 97.10M 38.10M 21.60M
Cash From Investing Activities -89.70M -4.300M 8.000M
Cash From Financing Activities -4.900M -4.900M -103.1M
Net Change In Cash 2.500M 28.90M -73.50M
YoY Change -103.4% -62.47% 276.92%
FREE CASH FLOW
Cash From Operating Activities $97.10M $38.10M $21.60M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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347000 USD
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1066000 USD
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us-gaap Incremental Common Shares Attributable To Call Options And Warrants
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dei Amendment Flag
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dei Current Fiscal Year End Date
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dei Document Fiscal Year Focus
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dei Document Period End Date
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dei Document Type
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dei Entity Central Index Key
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CY2013Q4 dei Entity Common Stock Shares Outstanding
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dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Primerica, Inc.

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