$QRVO
Qorvo Inc

2014 Q2 Form 10-Q Financial Statement

#000119312514340400 Filed on September 12, 2014

View on sec.gov

Income Statement

Concept 2014 Q2
Revenue $0.00
YoY Change -100.0%
Cost Of Revenue $174.1M
YoY Change -12.76%
Gross Profit $142.3M
YoY Change 52.21%
Gross Profit Margin
Selling, General & Admin $37.96M
YoY Change -2.43%
% of Gross Profit 26.68%
Research & Development $44.59M
YoY Change -7.69%
% of Gross Profit 31.34%
Depreciation & Amortization $11.84M
YoY Change 2.06%
% of Gross Profit 8.32%
Operating Expenses $96.15M
YoY Change 6.48%
Operating Profit $46.12M
YoY Change 1355.35%
Interest Expense $474.0K
YoY Change -131.6%
% of Operating Profit 1.03%
Other Income/Expense, Net $384.0K
YoY Change -4.0%
Pretax Income $46.07M
YoY Change 1993.86%
Income Tax $7.418M
% Of Pretax Income 16.1%
Net Earnings $38.65M
YoY Change 2375.78%
Net Earnings / Revenue
Basic Earnings Per Share $0.54
Diluted Earnings Per Share $0.52
COMMON SHARES
Basic Shares Outstanding 71.56M shares
Diluted Shares Outstanding 73.66M shares

Balance Sheet

Concept 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $196.6M
YoY Change 23.34%
Cash & Equivalents $97.56M
Short-Term Investments $99.10M
Other Short-Term Assets $18.70M
YoY Change 14.72%
Inventory $142.9M
Prepaid Expenses
Receivables $184.0M
Other Receivables $16.10M
Total Short-Term Assets $0.00
YoY Change -100.0%
LONG-TERM ASSETS
Property, Plant & Equipment $196.0M
YoY Change 1.4%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.800M
YoY Change -13.64%
Other Assets $24.20M
YoY Change 13.08%
Total Long-Term Assets $0.00
YoY Change -100.0%
TOTAL ASSETS
Total Short-Term Assets $0.00
Total Long-Term Assets $0.00
Total Assets $0.00
YoY Change -100.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $112.5M
YoY Change 6.53%
Accrued Expenses $61.40M
YoY Change 3.19%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change -100.0%
Total Short-Term Liabilities $0.00
YoY Change -100.0%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities $25.00M
YoY Change 2.04%
Total Long-Term Liabilities $25.00M
YoY Change 2.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $0.00
Total Long-Term Liabilities $25.00M
Total Liabilities $0.00
YoY Change -100.0%
SHAREHOLDERS EQUITY
Retained Earnings $0.00
YoY Change
Common Stock $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $0.00
YoY Change
Total Liabilities & Shareholders Equity $0.00
YoY Change -100.0%

Cashflow Statement

Concept 2014 Q2
OPERATING ACTIVITIES
Net Income $38.65M
YoY Change 2375.78%
Depreciation, Depletion And Amortization $11.84M
YoY Change 2.06%
Cash From Operating Activities $36.26M
YoY Change 403.63%
INVESTING ACTIVITIES
Capital Expenditures $9.771M
YoY Change -135.92%
Acquisitions
YoY Change
Other Investing Activities -$19.60M
YoY Change -162.62%
Cash From Investing Activities -$29.41M
YoY Change -817.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net $87.50M
YoY Change
Cash From Financing Activities -$81.22M
YoY Change 10052.63%
NET CHANGE
Cash From Operating Activities $36.26M
Cash From Investing Activities -$29.41M
Cash From Financing Activities -$81.22M
Net Change In Cash -$74.37M
YoY Change -808.3%
FREE CASH FLOW
Cash From Operating Activities $36.26M
Capital Expenditures $9.771M
Free Cash Flow $26.49M
YoY Change -22.99%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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CY2014Q2 us-gaap Stockholders Equity
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CY2014Q2 dei Entity Filer Category
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Non-accelerated Filer
CY2014Q2 dei Document Type
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10-Q
CY2014Q2 dei Entity Registrant Name
EntityRegistrantName
ROCKY HOLDING, INC.
CY2014Q2 dei Entity Incorporation Date Of Incorporation
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2013-12-13
CY2014Q2 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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0
CY2014Q2 us-gaap Use Of Estimates
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<div> Preparing financial statements requires management to make estimates and assumptions that affect the amounts that are reported in the financial statements and accompanying disclosures. Although these estimates are based on management&#x2019;s best knowledge of current events and actions that the Company may undertake in the future, actual results may be different from these estimates. The results of operations for the three months ended June&#xA0;28, 2014 are not necessarily indicative of the results to be expected for any future period or the full fiscal year. </div>
CY2014Q2 dei Document Period End Date
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2014-06-28
CY2014Q2 us-gaap Fiscal Period
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<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> The Company uses a 52- or 53-week fiscal year ending on the Saturday closest to March&#xA0;31 of each year. The first fiscal quarter of each year ends on the Saturday closest to June&#xA0;30, the second fiscal quarter of each year ends on the Saturday closest to September&#xA0;30 and the third fiscal quarter of each year ends on the Saturday closest to December&#xA0;31. Fiscal 2015 is a 52-week year.</p> </div>
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CY2014Q2 dei Entity Central Index Key
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CY2014Q2 us-gaap Costs And Expenses
CostsAndExpenses
0
CY2014Q2 ck0001604778 Number Of Subsidiaries
NumberOfSubsidiaries
2 Subsidiaries

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