$RSTRF

2015 Q2 Form 10-Q Financial Statement

#000119312515272064 Filed on July 31, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q2
Revenue $1.042B $261.2M
YoY Change 299.0% -6.14%
Cost Of Revenue $474.8M $15.70M
YoY Change 2924.2%
Gross Profit $567.4M $245.5M
YoY Change 131.12%
Gross Profit Margin 54.44% 93.99%
Selling, General & Admin $102.0M $47.00M
YoY Change 117.02%
% of Gross Profit 17.98% 19.14%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $102.0M $47.00M
YoY Change 117.02%
Operating Profit $302.1M $151.5M
YoY Change 99.41% 13.74%
Interest Expense -$123.2M -$50.60M
YoY Change 143.48%
% of Operating Profit -40.78% -33.4%
Other Income/Expense, Net
YoY Change
Pretax Income $139.0M $100.9M
YoY Change 37.76%
Income Tax $45.20M $25.80M
% Of Pretax Income 32.52% 25.57%
Net Earnings $93.80M $75.10M
YoY Change 24.9% 19.4%
Net Earnings / Revenue 9.0% 28.75%
Basic Earnings Per Share $0.21
Diluted Earnings Per Share $0.21
COMMON SHARES
Basic Shares Outstanding 352.3M shares
Diluted Shares Outstanding 359.4M shares

Balance Sheet

Concept 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $685.7M $904.7M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $91.70M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $1.401B
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $2.393B
YoY Change
Goodwill $5.438B
YoY Change
Intangibles $8.898B
YoY Change
Long-Term Investments $114.3M
YoY Change
Other Assets $767.2M
YoY Change
Total Long-Term Assets $17.63B
YoY Change
TOTAL ASSETS
Total Short-Term Assets $1.401B
Total Long-Term Assets $17.63B
Total Assets $19.03B
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $250.8M
YoY Change
Accrued Expenses $492.4M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due $29.30M
YoY Change
Total Short-Term Liabilities $1.003B
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $8.652B
YoY Change
Other Long-Term Liabilities $633.8M
YoY Change
Total Long-Term Liabilities $9.286B
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $1.003B
Total Long-Term Liabilities $9.286B
Total Liabilities $12.19B
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity
YoY Change
Total Liabilities & Shareholders Equity $19.03B
YoY Change

Cashflow Statement

Concept 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income $93.80M $75.10M
YoY Change 24.9% 19.4%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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SalesRevenueGoodsNet
567800000
CY2015Q2 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
-500000
CY2015Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-34200000
CY2015Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0
CY2015Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
136200000
CY2015Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-5300000
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
134600000
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
43800000
CY2015Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
67500000
CY2015Q2 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
500000
CY2015Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-17500000
CY2015Q2 us-gaap Costs And Expenses
CostsAndExpenses
743100000
CY2015Q2 us-gaap Interest Expense Other
InterestExpenseOther
700000
CY2015Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-1900000
CY2015Q2 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
67500000
CY2015Q2 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
-300000
CY2015Q2 us-gaap Interest Expense Lessee Assets Under Capital Lease
InterestExpenseLesseeAssetsUnderCapitalLease
5900000
CY2015Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-500000
CY2015Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
102100000
CY2015Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
21400000
CY2015Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
475900000
CY2015Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
51200000
CY2015Q2 us-gaap Other General Expense
OtherGeneralExpense
2600000
CY2015Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1000000
CY2015Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-17500000
CY2015Q2 qsp Amortization Of Financing Costs And Discounts And Other
AmortizationOfFinancingCostsAndDiscountsAndOther
8300000
CY2015Q2 qsp Franchise And Property Costs
FranchiseAndPropertyCosts
125600000
CY2015Q2 qsp Franchise And Property Revenues
FranchiseAndPropertyRevenues
473600000
CY2015Q2 qsp Earnings Before Interest Tax Depreciation And Amortization
EarningsBeforeInterestTaxDepreciationAndAmortization
349500000
CY2015Q2 qsp Franchise Fees And Other Revenue
FranchiseFeesAndOtherRevenue
37600000
CY2015Q2 qsp Intercompany Revenues
IntercompanyRevenues
0

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