2024 Q3 Form 10-Q Financial Statement

#000095017024086878 Filed on July 26, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $842.1M $823.2M
YoY Change 8.64% 18.52%
Cost Of Revenue $224.3M $221.9M
YoY Change 1.5% 21.1%
Gross Profit $617.8M $601.3M
YoY Change 11.49% 17.59%
Gross Profit Margin 73.36% 73.04%
Selling, General & Admin $437.4M $410.8M
YoY Change 15.21% 18.61%
% of Gross Profit 70.79% 68.31%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $54.66M $52.54M
YoY Change 19.81% 17.64%
% of Gross Profit 8.85% 8.74%
Operating Expenses $492.0M $463.3M
YoY Change 15.68% 18.5%
Operating Profit $125.2M $137.6M
YoY Change -2.54% 14.28%
Interest Expense -$2.952M $2.412M
YoY Change -750.22% 8217.24%
% of Operating Profit -2.36% 1.75%
Other Income/Expense, Net -$2.492M -$1.976M
YoY Change -237.53% -299.6%
Pretax Income $122.7M $135.6M
YoY Change -5.81% 11.83%
Income Tax $29.93M $33.10M
% Of Pretax Income 24.4% 24.41%
Net Earnings $92.75M $102.5M
YoY Change -5.56% 12.26%
Net Earnings / Revenue 11.01% 12.45%
Basic Earnings Per Share $3.47 $3.84
Diluted Earnings Per Share $3.46 $3.83
COMMON SHARES
Basic Shares Outstanding 26.59M 26.59M
Diluted Shares Outstanding 26.79M 26.80M

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $14.41M $11.17M
YoY Change -94.22% -95.25%
Cash & Equivalents $14.41M $11.17M
Short-Term Investments
Other Short-Term Assets $6.471M $9.097M
YoY Change -13.4% -78.78%
Inventory
Prepaid Expenses $35.75M $42.76M
Receivables $372.4M $375.9M
Other Receivables $0.00 $0.00
Total Short-Term Assets $437.3M $446.1M
YoY Change -32.26% -22.94%
LONG-TERM ASSETS
Property, Plant & Equipment $2.482B $2.341B
YoY Change 48.31% 36.28%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $24.88M $25.53M
YoY Change 10.09% 13.25%
Total Long-Term Assets $2.645B $2.511B
YoY Change 43.76% 42.82%
TOTAL ASSETS
Total Short-Term Assets $437.3M $446.1M
Total Long-Term Assets $2.645B $2.511B
Total Assets $3.082B $2.957B
YoY Change 24.01% 26.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $161.2M $155.6M
YoY Change 43.21% 58.36%
Accrued Expenses $96.29M $88.68M
YoY Change -36.06% -32.08%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $6.761M $7.577M
YoY Change -38.54% -35.13%
Total Short-Term Liabilities $346.7M $327.8M
YoY Change 15.86% 22.65%
LONG-TERM LIABILITIES
Long-Term Debt $184.2M $169.1M
YoY Change 2202.53% 1647.42%
Other Long-Term Liabilities $504.0M $493.2M
YoY Change 49.71% 217.43%
Total Long-Term Liabilities $504.0M $493.2M
YoY Change 49.71% 198.82%
TOTAL LIABILITIES
Total Short-Term Liabilities $346.7M $327.8M
Total Long-Term Liabilities $504.0M $493.2M
Total Liabilities $850.6M $821.0M
YoY Change 33.78% 38.95%
SHAREHOLDERS EQUITY
Retained Earnings $1.948B $1.855B
YoY Change 23.85% 25.81%
Common Stock $291.3M $287.6M
YoY Change 3.24% 3.75%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.231B $2.136B
YoY Change
Total Liabilities & Shareholders Equity $3.082B $2.957B
YoY Change 24.01% 26.53%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $92.75M $102.5M
YoY Change -5.56% 12.26%
Depreciation, Depletion And Amortization $54.66M $52.54M
YoY Change 19.81% 17.64%
Cash From Operating Activities $181.7M $130.8M
YoY Change 45.49% -24.03%
INVESTING ACTIVITIES
Capital Expenditures $193.4M $224.8M
YoY Change 70.38% 127.93%
Acquisitions
YoY Change
Other Investing Activities $1.436M $300.0K
YoY Change -52.13% 77.51%
Cash From Investing Activities -$191.9M -$224.5M
YoY Change 73.71% 128.02%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 13.46M 92.54M
YoY Change -13562.0% -1905.7%
NET CHANGE
Cash From Operating Activities 181.7M 130.8M
Cash From Investing Activities -191.9M -224.5M
Cash From Financing Activities 13.46M 92.54M
Net Change In Cash 3.236M -1.139M
YoY Change -77.37% -101.66%
FREE CASH FLOW
Cash From Operating Activities $181.7M $130.8M
Capital Expenditures $193.4M $224.8M
Free Cash Flow -$11.66M -$93.98M
YoY Change -202.3% -227.82%

Facts In Submission

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