2024 Q3 Form 10-Q Financial Statement

#000008281124000163 Filed on August 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $1.477B $1.548B
YoY Change -10.45% -12.5%
Cost Of Revenue $921.1M $976.6M
YoY Change -16.84% -18.17%
Gross Profit $556.3M $571.0M
YoY Change 2.6% -0.73%
Gross Profit Margin 37.65% 36.9%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $127.4M $127.0M
YoY Change -9.58% -7.3%
% of Gross Profit 22.9% 22.24%
Operating Expenses $382.2M $394.3M
YoY Change -1.72% -3.74%
Operating Profit $174.1M $193.9M
YoY Change -953.43% 17.09%
Interest Expense -$92.90M -$96.70M
YoY Change -183.32% -13.12%
% of Operating Profit -53.36% -49.87%
Other Income/Expense, Net $200.0K -$300.0K
YoY Change -92.0% -110.71%
Pretax Income $81.40M $96.90M
YoY Change -164.65% 124.83%
Income Tax $8.400M $33.90M
% Of Pretax Income 10.32% 34.98%
Net Earnings $72.70M $62.50M
YoY Change -152.11% 94.7%
Net Earnings / Revenue 4.92% 4.04%
Basic Earnings Per Share $1.09 $0.94
Diluted Earnings Per Share $1.09 $0.94
COMMON SHARES
Basic Shares Outstanding 66.54M shares 66.52M shares
Diluted Shares Outstanding 66.70M shares 66.80M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $458.6M $510.4M
YoY Change -15.17% -22.62%
Cash & Equivalents $458.6M $510.4M
Short-Term Investments
Other Short-Term Assets $316.6M $289.6M
YoY Change -48.09% 28.48%
Inventory $1.325B $1.310B
Prepaid Expenses
Receivables $855.8M $892.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.956B $3.002B
YoY Change -12.35% -13.61%
LONG-TERM ASSETS
Property, Plant & Equipment $1.115B $1.128B
YoY Change -8.84% -19.03%
Goodwill $6.557B $6.497B
YoY Change 1.3% -1.84%
Intangibles $3.825B $3.869B
YoY Change -7.11% -8.73%
Long-Term Investments
YoY Change
Other Assets $69.50M $75.20M
YoY Change 13.93% -42.77%
Total Long-Term Assets $11.60B $11.61B
YoY Change -3.25% -6.27%
TOTAL ASSETS
Total Short-Term Assets $2.956B $3.002B
Total Long-Term Assets $11.60B $11.61B
Total Assets $14.56B $14.61B
YoY Change -5.25% -7.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $553.2M $574.4M
YoY Change -5.92% -15.34%
Accrued Expenses $623.7M $624.9M
YoY Change 6.62% 2.98%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $4.700M $4.300M
YoY Change 27.03% -94.08%
Total Short-Term Liabilities $1.209B $1.227B
YoY Change -7.42% -11.17%
LONG-TERM LIABILITIES
Long-Term Debt $5.655B $5.765B
YoY Change -12.92% -12.78%
Other Long-Term Liabilities $70.90M $71.90M
YoY Change -15.49% -79.27%
Total Long-Term Liabilities $5.726B $5.837B
YoY Change -12.96% -16.1%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.209B $1.227B
Total Long-Term Liabilities $5.726B $5.837B
Total Liabilities $6.934B $7.064B
YoY Change -12.04% -25.23%
SHAREHOLDERS EQUITY
Retained Earnings $2.027B $2.016B
YoY Change 4.08% -4.47%
Common Stock $4.653B $4.657B
YoY Change 0.29% 0.65%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.473B $6.356B
YoY Change
Total Liabilities & Shareholders Equity $14.56B $14.61B
YoY Change -5.25% -7.88%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $72.70M $62.50M
YoY Change -152.11% 94.7%
Depreciation, Depletion And Amortization $127.4M $127.0M
YoY Change -9.58% -7.3%
Cash From Operating Activities $154.8M $158.3M
YoY Change -17.09% -28.4%
INVESTING ACTIVITIES
Capital Expenditures $29.30M $32.40M
YoY Change 16.27% -27.68%
Acquisitions
YoY Change
Other Investing Activities $0.00 $375.1M
YoY Change -100.0% -2268.21%
Cash From Investing Activities -$29.30M $342.7M
YoY Change 17.2% -651.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -188.4M -504.5M
YoY Change -10.46% -20.99%
NET CHANGE
Cash From Operating Activities 154.8M 158.3M
Cash From Investing Activities -29.30M 342.7M
Cash From Financing Activities -188.4M -504.5M
Net Change In Cash -62.90M -3.500M
YoY Change 29.16% -99.27%
FREE CASH FLOW
Cash From Operating Activities $154.8M $158.3M
Capital Expenditures $29.30M $32.40M
Free Cash Flow $125.5M $125.9M
YoY Change -22.29% -28.59%

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Files In Submission

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