2016 Q3 Form 10-Q Financial Statement

#000143774916041403 Filed on November 08, 2016

View on sec.gov

Income Statement

Concept 2016 Q3 2015 Q3
Revenue $1.096B $1.294B
YoY Change -15.3% 4.28%
Cost Of Revenue $914.7M $1.086B
YoY Change -15.78% 4.2%
Gross Profit $181.3M $208.0M
YoY Change -12.83% 4.66%
Gross Profit Margin 16.54% 16.07%
Selling, General & Admin $142.3M $160.8M
YoY Change -11.5% 8.46%
% of Gross Profit 78.47% 77.29%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $39.60M $36.70M
YoY Change 7.9% 18.39%
% of Gross Profit 21.84% 17.64%
Operating Expenses $142.3M $160.8M
YoY Change -11.5% 8.46%
Operating Profit $27.59M $36.03M
YoY Change -23.43% -12.16%
Interest Expense $3.285M $3.568M
YoY Change -7.93% -232.15%
% of Operating Profit 11.91% 9.9%
Other Income/Expense, Net
YoY Change
Pretax Income $24.30M $32.46M
YoY Change -25.13% -15.31%
Income Tax $9.423M $12.58M
% Of Pretax Income 38.77% 38.75%
Net Earnings $14.88M $19.88M
YoY Change -25.16% -15.31%
Net Earnings / Revenue 1.36% 1.54%
Basic Earnings Per Share $0.38 $0.49
Diluted Earnings Per Share $0.37 $0.48
COMMON SHARES
Basic Shares Outstanding 39.62M 40.36M
Diluted Shares Outstanding 40.27M 41.14M

Balance Sheet

Concept 2016 Q3 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $91.70M $64.90M
YoY Change 41.29% -55.15%
Cash & Equivalents $91.70M $64.92M
Short-Term Investments
Other Short-Term Assets $24.50M $32.80M
YoY Change -25.3% 29.64%
Inventory $911.7M $1.115B
Prepaid Expenses
Receivables $147.5M $204.4M
Other Receivables $11.50M $14.20M
Total Short-Term Assets $1.187B $1.431B
YoY Change -17.07% 13.56%
LONG-TERM ASSETS
Property, Plant & Equipment $1.152B $1.091B
YoY Change 5.65% 24.77%
Goodwill $290.2M $285.1M
YoY Change 1.8%
Intangibles
YoY Change
Long-Term Investments $6.200M $6.700M
YoY Change -7.46% -1.47%
Other Assets $59.89M $56.97M
YoY Change 5.13% 8.72%
Total Long-Term Assets $1.509B $1.439B
YoY Change 4.81% 20.31%
TOTAL ASSETS
Total Short-Term Assets $1.187B $1.431B
Total Long-Term Assets $1.509B $1.439B
Total Assets $2.695B $2.870B
YoY Change -6.1% 16.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $110.0M $151.6M
YoY Change -27.44% 20.03%
Accrued Expenses $90.46M $100.5M
YoY Change -10.0% -9.61%
Deferred Revenue
YoY Change
Short-Term Debt $711.9M $921.6M
YoY Change -22.75% 27.63%
Long-Term Debt Due $132.7M $129.8M
YoY Change 2.23% -13.72%
Total Short-Term Liabilities $1.076B $1.345B
YoY Change -19.95% 18.49%
LONG-TERM LIABILITIES
Long-Term Debt $494.6M $452.6M
YoY Change 9.28% 1.58%
Other Long-Term Liabilities $6.996M $5.226M
YoY Change 33.87% 13.61%
Total Long-Term Liabilities $501.5M $457.8M
YoY Change 9.56% 1.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.076B $1.345B
Total Long-Term Liabilities $501.5M $457.8M
Total Liabilities $1.578B $1.803B
YoY Change -12.46% 4.93%
SHAREHOLDERS EQUITY
Retained Earnings $627.9M $590.0M
YoY Change 6.42%
Common Stock $302.2M $285.8M
YoY Change 5.72%
Preferred Stock
YoY Change
Treasury Stock (at cost) $76.65M $43.37M
YoY Change 76.74%
Treasury Stock Shares
Shareholders Equity $853.2M $832.2M
YoY Change
Total Liabilities & Shareholders Equity $2.695B $2.870B
YoY Change -6.1% 16.85%

Cashflow Statement

Concept 2016 Q3 2015 Q3
OPERATING ACTIVITIES
Net Income $14.88M $19.88M
YoY Change -25.16% -15.31%
Depreciation, Depletion And Amortization $39.60M $36.70M
YoY Change 7.9% 18.39%
Cash From Operating Activities $163.8M $37.20M
YoY Change 340.32% -11.43%
INVESTING ACTIVITIES
Capital Expenditures -$44.20M -$86.00M
YoY Change -48.6% 30.3%
Acquisitions
YoY Change
Other Investing Activities $5.100M -$7.500M
YoY Change -168.0% 581.82%
Cash From Investing Activities -$39.20M -$93.50M
YoY Change -58.07% 39.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -125.6M 48.40M
YoY Change -359.5% 24.42%
NET CHANGE
Cash From Operating Activities 163.8M 37.20M
Cash From Investing Activities -39.20M -93.50M
Cash From Financing Activities -125.6M 48.40M
Net Change In Cash -1.000M -7.900M
YoY Change -87.34% -157.25%
FREE CASH FLOW
Cash From Operating Activities $163.8M $37.20M
Capital Expenditures -$44.20M -$86.00M
Free Cash Flow $208.0M $123.2M
YoY Change 68.83% 14.07%

Facts In Submission

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0.01
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450000
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275000
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39617000
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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2300000
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40274000
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WeightedAverageNumberOfDilutedSharesOutstanding
41136000

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