2024 Q3 Form 10-Q Financial Statement

#000105091524000140 Filed on August 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $6.493B $5.594B
YoY Change 15.52% 10.81%
Cost Of Revenue $5.481B $4.783B
YoY Change 14.81% 10.6%
Gross Profit $1.013B $811.3M
YoY Change 19.5% 12.05%
Gross Profit Margin 15.59% 14.5%
Selling, General & Admin $483.9M $432.4M
YoY Change 25.18% 12.54%
% of Gross Profit 47.79% 53.29%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $89.98M $83.65M
YoY Change 10.42% -44.2%
% of Gross Profit 8.89% 10.31%
Operating Expenses $483.9M $432.4M
YoY Change 25.18% -4.81%
Operating Profit $431.2M $307.2M
YoY Change 7.7% 13.83%
Interest Expense -$39.36M -$32.35M
YoY Change -182.81% -11.85%
% of Operating Profit -9.13% -10.53%
Other Income/Expense, Net $2.994M $1.617M
YoY Change -179.97% -41.09%
Pretax Income $381.4M $267.1M
YoY Change 8.66% 13.19%
Income Tax $82.42M $75.20M
% Of Pretax Income 21.61% 28.16%
Net Earnings $293.2M $188.2M
YoY Change 7.46% 13.42%
Net Earnings / Revenue 4.52% 3.36%
Basic Earnings Per Share $1.99 $1.28
Diluted Earnings Per Share $1.95 $1.26
COMMON SHARES
Basic Shares Outstanding 147.3M shares 146.4M shares
Diluted Shares Outstanding 150.6M shares 149.8M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $764.1M $518.1M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $275.9M $235.1M
Prepaid Expenses
Receivables $5.150B $4.431B
Other Receivables
Total Short-Term Assets $8.046B $6.888B
YoY Change 19.46% 8.94%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $5.282B $4.314B
YoY Change 35.42% 11.04%
Intangibles $1.967B $1.387B
YoY Change 44.39% -2.62%
Long-Term Investments
YoY Change
Other Assets $619.1M $597.6M
YoY Change -4.83% 31.11%
Total Long-Term Assets $10.82B $9.042B
YoY Change 28.0% 7.4%
TOTAL ASSETS
Total Short-Term Assets $8.046B $6.888B
Total Long-Term Assets $10.82B $9.042B
Total Assets $18.87B $15.93B
YoY Change 24.21% 8.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue $1.875B $1.483B
YoY Change 70.35% 31.38%
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $6.525B $5.316B
YoY Change 55.65% 41.24%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities $558.8M $536.3M
YoY Change -8.47% -30.95%
Total Long-Term Liabilities $558.8M $536.3M
YoY Change -8.47% -89.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.525B $5.316B
Total Long-Term Liabilities $558.8M $536.3M
Total Liabilities $11.78B $9.348B
YoY Change 28.12% 3.64%
SHAREHOLDERS EQUITY
Retained Earnings $5.417B $5.138B
YoY Change 16.24% 16.76%
Common Stock $3.405B $3.136B
YoY Change 15.65% 8.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.071B $6.568B
YoY Change
Total Liabilities & Shareholders Equity $18.87B $15.93B
YoY Change 24.21% 8.06%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $293.2M $188.2M
YoY Change 7.46% 13.42%
Depreciation, Depletion And Amortization $89.98M $83.65M
YoY Change 10.42% -44.2%
Cash From Operating Activities $739.9M $391.3M
YoY Change 81.98% 207.12%
INVESTING ACTIVITIES
Capital Expenditures $212.5M $161.5M
YoY Change 44.85% 52.28%
Acquisitions
YoY Change
Other Investing Activities -$1.325B -$41.20M
YoY Change 15965.33% -250.98%
Cash From Investing Activities -$1.538B -$202.7M
YoY Change 892.46% 157.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.034B -203.3M
YoY Change -438.66% -317.14%
NET CHANGE
Cash From Operating Activities 739.9M 391.3M
Cash From Investing Activities -1.538B -202.7M
Cash From Financing Activities 1.034B -203.3M
Net Change In Cash 235.8M -14.59M
YoY Change -539.77% -110.26%
FREE CASH FLOW
Cash From Operating Activities $739.9M $391.3M
Capital Expenditures $212.5M $161.5M
Free Cash Flow $527.4M $229.9M
YoY Change 102.94% 974.9%

Facts In Submission

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