2013 Q4 Form 10-Q Financial Statement

#000110465913080006 Filed on November 01, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue $2.307B $2.444B $2.055B
YoY Change 22.11% 18.89% -3.9%
Cost Of Revenue $1.703B $1.801B $1.520B
YoY Change 24.76% 18.45% -7.58%
Gross Profit $604.2M $643.0M $535.3M
YoY Change 15.22% 20.12% 8.38%
Gross Profit Margin 26.19% 26.31% 26.04%
Selling, General & Admin $424.7M $430.0M $345.4M
YoY Change 22.6% 24.49% 8.07%
% of Gross Profit 70.29% 66.87% 64.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $51.30M $49.90M $37.30M
YoY Change 29.22% 33.78% 9.06%
% of Gross Profit 8.49% 7.76% 6.97%
Operating Expenses $476.0M $430.0M $345.4M
YoY Change 23.28% 24.49% 8.07%
Operating Profit $128.2M $163.1M $152.6M
YoY Change -7.3% 6.88% 8.92%
Interest Expense -$20.70M $21.60M $14.70M
YoY Change 45.77% 46.94% -2.0%
% of Operating Profit -16.15% 13.24% 9.63%
Other Income/Expense, Net $400.0K $1.200M $5.900M
YoY Change -233.33% -79.66% -190.77%
Pretax Income $93.00M $142.7M $143.8M
YoY Change -23.33% -0.76% 21.25%
Income Tax $30.70M $46.70M $44.40M
% Of Pretax Income 33.01% 32.73% 30.88%
Net Earnings $62.30M $96.00M $99.40M
YoY Change -22.9% -3.42% 15.18%
Net Earnings / Revenue 2.7% 3.93% 4.84%
Basic Earnings Per Share $0.80 $1.23 $1.30
Diluted Earnings Per Share $0.79 $1.22 $1.30
COMMON SHARES
Basic Shares Outstanding 77.34M shares 77.05M shares 75.24M shares
Diluted Shares Outstanding 77.86M shares 75.71M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $83.60M $104.9M $120.6M
YoY Change -14.34% -13.02% 32.38%
Cash & Equivalents $83.60M $104.9M $120.6M
Short-Term Investments
Other Short-Term Assets $97.90M $85.80M $65.30M
YoY Change 37.11% 31.39% 53.65%
Inventory $1.540B $1.583B $1.383B
Prepaid Expenses
Receivables $983.5M $1.074B $978.5M
Other Receivables $33.90M $22.00M $33.30M
Total Short-Term Assets $2.739B $2.869B $2.580B
YoY Change 20.26% 11.2% 6.19%
LONG-TERM ASSETS
Property, Plant & Equipment $1.604B $1.585B $1.175B
YoY Change 29.27% 34.95% 8.01%
Goodwill $1.692B $1.710B $1.281B
YoY Change 28.68% 33.47%
Intangibles $1.214B $1.241B $909.9M
YoY Change 29.61% 36.42%
Long-Term Investments $14.10M $16.40M $16.80M
YoY Change -9.03% -2.38% 0.0%
Other Assets $92.80M $86.70M $84.40M
YoY Change 4.86% 2.73% 60.76%
Total Long-Term Assets $4.602B $4.623B $3.450B
YoY Change 28.54% 34.0% 4.61%
TOTAL ASSETS
Total Short-Term Assets $2.739B $2.869B $2.580B
Total Long-Term Assets $4.602B $4.623B $3.450B
Total Assets $7.341B $7.492B $6.030B
YoY Change 25.32% 24.24% 5.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $280.3M $406.6M $381.9M
YoY Change 9.66% 6.47% -7.46%
Accrued Expenses $91.10M $110.4M $84.10M
YoY Change 4.23% 31.27% -58.63%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $36.50M $39.30M $88.80M
YoY Change -56.34% -55.74% 525.35%
Total Short-Term Liabilities $573.4M $713.7M $699.9M
YoY Change -0.83% 1.97% 8.6%
LONG-TERM LIABILITIES
Long-Term Debt $2.073B $2.113B $1.279B
YoY Change 84.42% 65.23% -12.64%
Other Long-Term Liabilities $35.90M $34.80M $27.30M
YoY Change 32.47% 27.47% -73.02%
Total Long-Term Liabilities $2.108B $2.148B $1.306B
YoY Change 83.2% 64.44% -16.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $573.4M $713.7M $699.9M
Total Long-Term Liabilities $2.108B $2.148B $1.306B
Total Liabilities $2.682B $2.861B $2.006B
YoY Change 55.1% 42.64% -24.11%
SHAREHOLDERS EQUITY
Retained Earnings $3.063B $3.026B $2.777B
YoY Change 7.94% 9.0%
Common Stock $818.3M $805.0M $694.9M
YoY Change 13.31% 15.84%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.875B $3.821B $3.475B
YoY Change
Total Liabilities & Shareholders Equity $7.341B $7.492B $6.030B
YoY Change 25.32% 24.24% 5.28%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $62.30M $96.00M $99.40M
YoY Change -22.9% -3.42% 15.18%
Depreciation, Depletion And Amortization $51.30M $49.90M $37.30M
YoY Change 29.22% 33.78% 9.06%
Cash From Operating Activities $120.3M $229.1M $247.6M
YoY Change -63.88% -7.47% 140.86%
INVESTING ACTIVITIES
Capital Expenditures -$49.30M -$44.40M -$50.60M
YoY Change -35.64% -12.25% 9.05%
Acquisitions
YoY Change
Other Investing Activities -$31.30M $6.500M $4.100M
YoY Change -65.72% 58.54% -101.35%
Cash From Investing Activities -$80.60M -$37.90M -$46.50M
YoY Change -52.0% -18.49% -86.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -60.70M -188.6M -172.9M
YoY Change -68.02% 9.08% -171.04%
NET CHANGE
Cash From Operating Activities 120.3M 229.1M 247.6M
Cash From Investing Activities -80.60M -37.90M -46.50M
Cash From Financing Activities -60.70M -188.6M -172.9M
Net Change In Cash -21.00M 2.600M 28.20M
YoY Change -14.63% -90.78% -883.33%
FREE CASH FLOW
Cash From Operating Activities $120.3M $229.1M $247.6M
Capital Expenditures -$49.30M -$44.40M -$50.60M
Free Cash Flow $169.6M $273.5M $298.2M
YoY Change -58.6% -8.28% 99.87%

Facts In Submission

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