2024 Q2 Form 10-Q Financial Statement

#000105091524000082 Filed on May 02, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $5.594B $5.032B
YoY Change 10.81% 13.62%
Cost Of Revenue $4.783B $4.408B
YoY Change 10.6% 14.33%
Gross Profit $811.3M $623.5M
YoY Change 12.05% 8.78%
Gross Profit Margin 14.5% 12.39%
Selling, General & Admin $432.4M $402.3M
YoY Change 12.54% 4.63%
% of Gross Profit 53.29% 64.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $83.65M $88.90M
YoY Change -44.2% 13.41%
% of Gross Profit 10.31% 14.26%
Operating Expenses $432.4M $402.3M
YoY Change -4.81% 4.63%
Operating Profit $307.2M $155.4M
YoY Change 13.83% 23.43%
Interest Expense -$32.35M $41.07M
YoY Change -11.85% -1.49%
% of Operating Profit -10.53% 26.44%
Other Income/Expense, Net $1.617M $24.88M
YoY Change -41.09% 216.32%
Pretax Income $267.1M $147.2M
YoY Change 13.19% 57.34%
Income Tax $75.20M $21.10M
% Of Pretax Income 28.16% 14.33%
Net Earnings $188.2M $118.4M
YoY Change 13.42% 24.53%
Net Earnings / Revenue 3.36% 2.35%
Basic Earnings Per Share $1.28 $0.81
Diluted Earnings Per Share $1.26 $0.79
COMMON SHARES
Basic Shares Outstanding 146.4M shares 145.7M shares
Diluted Shares Outstanding 149.8M shares 149.4M shares

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $518.1M $531.1M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $235.1M $224.3M
Prepaid Expenses
Receivables $4.431B $4.095B
Other Receivables
Total Short-Term Assets $6.888B $6.583B
YoY Change 8.94% 18.18%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $4.314B $4.284B
YoY Change 11.04% 10.6%
Intangibles $1.387B $1.408B
YoY Change -2.62% -6.09%
Long-Term Investments
YoY Change
Other Assets $597.6M $569.7M
YoY Change 31.11% -14.19%
Total Long-Term Assets $9.042B $8.959B
YoY Change 7.4% 5.79%
TOTAL ASSETS
Total Short-Term Assets $6.888B $6.583B
Total Long-Term Assets $9.042B $8.959B
Total Assets $15.93B $15.54B
YoY Change 8.06% 10.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue $1.483B $1.443B
YoY Change 31.38% 26.25%
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.316B $4.831B
YoY Change 41.24% 40.96%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities $536.3M $669.8M
YoY Change -30.95% 13.97%
Total Long-Term Liabilities $536.3M $669.8M
YoY Change -89.26% 13.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.316B $4.831B
Total Long-Term Liabilities $536.3M $669.8M
Total Liabilities $9.348B $9.175B
YoY Change 3.64% 7.72%
SHAREHOLDERS EQUITY
Retained Earnings $5.138B $4.963B
YoY Change 16.76% 16.88%
Common Stock $3.136B $3.090B
YoY Change 8.02% 7.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.568B $6.357B
YoY Change
Total Liabilities & Shareholders Equity $15.93B $15.54B
YoY Change 8.06% 10.71%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $188.2M $118.4M
YoY Change 13.42% 24.53%
Depreciation, Depletion And Amortization $83.65M $88.90M
YoY Change -44.2% 13.41%
Cash From Operating Activities $391.3M $238.0M
YoY Change 207.12% 519.53%
INVESTING ACTIVITIES
Capital Expenditures $161.5M $83.14M
YoY Change 52.28% 3.51%
Acquisitions $384.1M
YoY Change -15.08%
Other Investing Activities -$41.20M -$27.61M
YoY Change -250.98% -93.23%
Cash From Investing Activities -$202.7M -$386.6M
YoY Change 157.36% -20.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -203.3M -$603.0M
YoY Change -317.14% -348.49%
NET CHANGE
Cash From Operating Activities 391.3M $238.0M
Cash From Investing Activities -202.7M -$386.6M
Cash From Financing Activities -203.3M -$603.0M
Net Change In Cash -14.59M -$761.7M
YoY Change -110.26% 264.27%
FREE CASH FLOW
Cash From Operating Activities $391.3M $238.0M
Capital Expenditures $161.5M $83.14M
Free Cash Flow $229.9M $154.8M
YoY Change 974.9% -469.4%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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Files In Submission

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0001050915-24-000082-index-headers.html Edgar Link pending
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0001050915-24-000082.txt Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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pwr-20240331.htm Edgar Link pending
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pwr03-31x2024ex101.htm Edgar Link pending
pwr03-31x2024ex311.htm Edgar Link pending
pwr03-31x2024ex312.htm Edgar Link pending
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R1.htm Edgar Link pending
R10.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
pwr-20240331_cal.xml Edgar Link unprocessable
pwr-20240331_def.xml Edgar Link unprocessable
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