$RSTRF

2016 Q2 Form 10-Q Financial Statement

#000119312516671869 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
YoY Change
% of Gross Profit
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
YoY Change
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
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q2 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $957.5M $685.7M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $86.70M $91.70M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $1.599B $1.401B
YoY Change 14.15%
LONG-TERM ASSETS
Property, Plant & Equipment $2.141B $2.393B
YoY Change -10.55%
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%
Other Assets $893.8M $767.2M
YoY Change 16.5%
Total Long-Term Assets $17.50B $17.63B
YoY Change -0.73%
TOTAL ASSETS
Total Short-Term Assets $1.599B $1.401B
Total Long-Term Assets $17.50B $17.63B
Total Assets $19.10B $19.03B
YoY Change 0.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $359.7M $250.8M
YoY Change 43.42%
Accrued Expenses $471.4M $492.4M
YoY Change -4.26%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due $76.50M $29.30M
YoY Change 161.09%
Total Short-Term Liabilities $1.145B $1.003B
YoY Change 14.17%
LONG-TERM LIABILITIES
Long-Term Debt $8.425B $8.652B
YoY Change -2.62%
Other Long-Term Liabilities $891.7M $633.8M
YoY Change 40.69%
Total Long-Term Liabilities $9.317B $9.286B
YoY Change 0.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.145B $1.003B
Total Long-Term Liabilities $9.317B $9.286B
Total Liabilities $12.30B $12.19B
YoY Change 0.97%
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 $19.10B $19.03B
YoY Change 0.36%

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
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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OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-5700000
CY2016Q2 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
67500000
CY2016Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
900000
CY2016Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-5200000
CY2016Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
21100000
CY2016Q2 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
CY2016Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-1800000
CY2016Q2 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
CY2016Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-100000
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
179200000
CY2016Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
56700000
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
424000000
CY2016Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
198000000
CY2016Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
900000
CY2016Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
247600000
CY2016Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0
CY2016Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
11300000
CY2016Q2 us-gaap Interest Expense Other
InterestExpenseOther
900000
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
306800000
CY2016Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-4500000
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
59200000
CY2016Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
67500000
CY2016Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
304300000
CY2016Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
558600000
CY2016Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
73100000
CY2016Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-4700000
CY2016Q2 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax
47500000
CY2016Q2 us-gaap Profit Loss
ProfitLoss
247600000
CY2016Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
429200000 shares
CY2016Q2 qsp Franchise And Property Revenues
FranchiseAndPropertyRevenues
481600000
CY2016Q2 qsp Franchise Fees And Other Revenue
FranchiseFeesAndOtherRevenue
33800000
CY2016Q2 qsp Franchise And Property Costs
FranchiseAndPropertyCosts
114100000
CY2016Q2 qsp Earnings Before Interest Tax Depreciation And Amortization
EarningsBeforeInterestTaxDepreciationAndAmortization
467500000
CY2016Q2 qsp Other Operating Income Expense Other Net
OtherOperatingIncomeExpenseOtherNet
1100000
CY2016Q2 qsp Depreciation And Amortization Excluding Oie Depreciation
DepreciationAndAmortizationExcludingOieDepreciation
43500000
CY2016Q2 qsp Comprehensive Income Net Of Tax Attributable To Common Shareholders
ComprehensiveIncomeNetOfTaxAttributableToCommonShareholders
235900000
CY2016Q2 qsp Comprehensive Income Net Of Tax Attributable To Preferred Shareholders
ComprehensiveIncomeNetOfTaxAttributableToPreferredShareholders
-67500000

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