2016 Q2 Form 10-Q Financial Statement

#000119312516671840 Filed on August 04, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q2
Revenue $1.040B $1.042B
YoY Change -0.19% 299.0%
Cost Of Revenue $438.0M $474.8M
YoY Change -7.75% 2924.2%
Gross Profit $602.2M $567.4M
YoY Change 6.13% 131.12%
Gross Profit Margin 57.89% 54.44%
Selling, General & Admin $73.10M $102.0M
YoY Change -28.33% 117.02%
% of Gross Profit 12.14% 17.98%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $43.60M $45.90M
YoY Change -5.01% 190.51%
% of Gross Profit 7.24% 8.09%
Operating Expenses $73.10M $102.0M
YoY Change -28.33% 117.02%
Operating Profit $424.0M $302.1M
YoY Change 40.35% 99.41%
Interest Expense -$117.2M -$123.2M
YoY Change -4.87% 143.48%
% of Operating Profit -27.64% -40.78%
Other Income/Expense, Net -$900.0K -$700.0K
YoY Change 28.57% 75.0%
Pretax Income $306.8M $139.0M
YoY Change 120.72% 37.76%
Income Tax $59.20M $45.20M
% Of Pretax Income 19.3% 32.52%
Net Earnings $247.6M $93.80M
YoY Change 163.97% 24.9%
Net Earnings / Revenue 23.8% 9.0%
Basic Earnings Per Share $0.39 $0.05
Diluted Earnings Per Share $0.38 $0.05
COMMON SHARES
Basic Shares Outstanding 233.5M shares 202.4M shares
Diluted Shares Outstanding 470.1M shares 476.4M shares

Balance Sheet

Concept 2016 Q2 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $998.0M $689.0M
YoY Change 44.85% 266.49%
Cash & Equivalents $998.1M $688.9M
Short-Term Investments
Other Short-Term Assets $82.00M $245.0M
YoY Change -66.53% 66.67%
Inventory $86.70M $91.70M
Prepaid Expenses
Receivables $380.0M $360.0M
Other Receivables $94.00M $19.00M
Total Short-Term Assets $1.641B $1.404B
YoY Change 16.82% 51.33%
LONG-TERM ASSETS
Property, Plant & Equipment $2.141B $2.393B
YoY Change -10.55% 1.31%
Goodwill $4.816B $5.438B
YoY Change -11.44%
Intangibles $9.541B $8.898B
YoY Change 7.23%
Long-Term Investments $152.9M $114.3M
YoY Change 33.77% -24.3%
Other Assets $877.4M $763.6M
YoY Change 14.9% 65.64%
Total Long-Term Assets $17.48B $17.62B
YoY Change -0.81% -5.61%
TOTAL ASSETS
Total Short-Term Assets $1.641B $1.404B
Total Long-Term Assets $17.48B $17.62B
Total Assets $19.12B $19.03B
YoY Change 0.49% -2.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $359.9M $250.8M
YoY Change 43.5% 36.3%
Accrued Expenses $283.0M $492.4M
YoY Change -42.53% 94.62%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $76.50M $29.30M
YoY Change 161.09% -68.49%
Total Short-Term Liabilities $1.147B $1.003B
YoY Change 14.37% 42.82%
LONG-TERM LIABILITIES
Long-Term Debt $8.425B $8.652B
YoY Change -2.62% -5.55%
Other Long-Term Liabilities $891.7M $633.8M
YoY Change 40.69% 80.57%
Total Long-Term Liabilities $9.317B $9.286B
YoY Change 0.34% -2.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.147B $1.003B
Total Long-Term Liabilities $9.317B $9.286B
Total Liabilities $12.31B $12.19B
YoY Change 0.98% 1.64%
SHAREHOLDERS EQUITY
Retained Earnings $318.8M $190.4M
YoY Change 67.44%
Common Stock $1.923B $1.774B
YoY Change 8.39%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.702B $1.545B
YoY Change
Total Liabilities & Shareholders Equity $19.12B $19.03B
YoY Change 0.49% -2.91%

Cashflow Statement

Concept 2016 Q2 2015 Q2
OPERATING ACTIVITIES
Net Income $247.6M $93.80M
YoY Change 163.97% 24.9%
Depreciation, Depletion And Amortization $43.60M $45.90M
YoY Change -5.01% 190.51%
Cash From Operating Activities $322.0M $246.5M
YoY Change 30.63% 180.75%
INVESTING ACTIVITIES
Capital Expenditures -$7.200M -$27.60M
YoY Change -73.91% 352.46%
Acquisitions
YoY Change
Other Investing Activities $12.20M -$29.60M
YoY Change -141.22% -900.0%
Cash From Investing Activities $5.000M -$57.20M
YoY Change -108.74% 2283.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -147.1M -528.5M
YoY Change -72.17% 1103.87%
NET CHANGE
Cash From Operating Activities 322.0M 246.5M
Cash From Investing Activities 5.000M -57.20M
Cash From Financing Activities -147.1M -528.5M
Net Change In Cash 179.9M -339.2M
YoY Change -153.04% -917.35%
FREE CASH FLOW
Cash From Operating Activities $322.0M $246.5M
Capital Expenditures -$7.200M -$27.60M
Free Cash Flow $329.2M $274.1M
YoY Change 20.1% 191.91%

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CY2016Q2 qsr Portion Of Net Income Loss Attributable To Peu Noncontrolling Interest
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