2014 Q3 Form 10-Q Financial Statement
#000103405414000011 Filed on November 07, 2014
Income Statement
| Concept | 2014 Q3 | 2013 Q3 |
|---|---|---|
| Revenue | $393.3M | $332.1M |
| YoY Change | 18.43% | 39.18% |
| Cost Of Revenue | $111.9M | $103.3M |
| YoY Change | 8.31% | 44.1% |
| Gross Profit | $281.4M | $228.8M |
| YoY Change | 22.99% | 37.07% |
| Gross Profit Margin | 71.55% | 68.9% |
| Selling, General & Admin | $26.59M | $21.83M |
| YoY Change | 21.82% | 24.26% |
| % of Gross Profit | 9.45% | 9.54% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $159.5M | $65.10M |
| YoY Change | 145.01% | 19.45% |
| % of Gross Profit | 56.68% | 28.45% |
| Operating Expenses | $26.59M | $21.83M |
| YoY Change | 21.82% | 24.26% |
| Operating Profit | $254.8M | $63.90M |
| YoY Change | 298.75% | 55.59% |
| Interest Expense | -$90.80M | -$76.30M |
| YoY Change | 19.0% | -250.86% |
| % of Operating Profit | -35.63% | -119.4% |
| Other Income/Expense, Net | $600.0K | -$42.16M |
| YoY Change | -101.42% | -55.01% |
| Pretax Income | -$15.60M | $21.74M |
| YoY Change | -171.76% | -141.3% |
| Income Tax | $1.000M | $207.0K |
| % Of Pretax Income | 0.95% | |
| Net Earnings | -$16.60M | $21.53M |
| YoY Change | -177.1% | -141.05% |
| Net Earnings / Revenue | -4.22% | 6.48% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$128.7K | $157.0K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 129.0M | 127.9M shares |
| Diluted Shares Outstanding | 136.9M shares |
Balance Sheet
| Concept | 2014 Q3 | 2013 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $455.8M | $194.3M |
| YoY Change | 134.59% | -86.57% |
| Cash & Equivalents | $450.3M | $189.4M |
| Short-Term Investments | $5.500M | $4.900M |
| Other Short-Term Assets | $112.1M | $97.00M |
| YoY Change | 15.57% | 75.09% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $106.5M | $65.12M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $674.4M | $390.4M |
| YoY Change | 72.73% | -74.92% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $2.688B | $2.579B |
| YoY Change | 4.23% | 25.66% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | $3.122B | |
| YoY Change | 48.64% | |
| Long-Term Investments | $52.70M | |
| YoY Change | ||
| Other Assets | $264.9M | $416.0M |
| YoY Change | -36.33% | 36.27% |
| Total Long-Term Assets | $7.135B | $6.194B |
| YoY Change | 15.19% | 22.93% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $674.4M | $390.4M |
| Total Long-Term Assets | $7.135B | $6.194B |
| Total Assets | $7.809B | $6.584B |
| YoY Change | 18.6% | -0.17% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $31.30M | $26.17M |
| YoY Change | 19.61% | 31.74% |
| Accrued Expenses | $117.2M | $67.06M |
| YoY Change | 74.78% | 69.17% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $1.078B | $11.25M |
| YoY Change | 9484.89% | -97.88% |
| Total Short-Term Liabilities | $1.346B | $252.9M |
| YoY Change | 432.39% | -63.29% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $6.472B | $5.637B |
| YoY Change | 14.81% | 18.02% |
| Other Long-Term Liabilities | $288.6M | $246.1M |
| YoY Change | 17.29% | 48.45% |
| Total Long-Term Liabilities | $6.760B | $5.883B |
| YoY Change | 14.91% | 19.04% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $1.346B | $252.9M |
| Total Long-Term Liabilities | $6.760B | $5.883B |
| Total Liabilities | $8.107B | $6.136B |
| YoY Change | 32.12% | 8.97% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$2.499B | |
| YoY Change | 3.7% | |
| Common Stock | $1.281M | |
| YoY Change | 5.17% | |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | -$297.6M | $448.4M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $7.809B | $6.584B |
| YoY Change | 18.6% | 8.24% |
Cashflow Statement
| Concept | 2014 Q3 | 2013 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$16.60M | $21.53M |
| YoY Change | -177.1% | -141.05% |
| Depreciation, Depletion And Amortization | $159.5M | $65.10M |
| YoY Change | 145.01% | 19.45% |
| Cash From Operating Activities | $150.4M | $114.8M |
| YoY Change | 31.01% | 27.84% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$59.10M | -$33.20M |
| YoY Change | 78.01% | 26.72% |
| Acquisitions | $91.65M | |
| YoY Change | 190.04% | |
| Other Investing Activities | -$78.10M | -$90.90M |
| YoY Change | -14.08% | -246.85% |
| Cash From Investing Activities | -$137.3M | -$124.1M |
| YoY Change | 10.64% | -447.62% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 331.4M | 8.500M |
| YoY Change | 3798.82% | -99.31% |
| NET CHANGE | ||
| Cash From Operating Activities | 150.4M | 114.8M |
| Cash From Investing Activities | -137.3M | -124.1M |
| Cash From Financing Activities | 331.4M | 8.500M |
| Net Change In Cash | 344.5M | -800.0K |
| YoY Change | -43162.5% | -100.06% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $150.4M | $114.8M |
| Capital Expenditures | -$59.10M | -$33.20M |
| Free Cash Flow | $209.5M | $148.0M |
| YoY Change | 41.55% | 27.59% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
63765000 | ||
| sbac |
Ground Lease Land Purchases
GroundLeaseLandPurchases
|
35864000 | ||
| sbac |
Ground Lease Land Purchases
GroundLeaseLandPurchases
|
29015000 | ||
| CY2014Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
129046000 | |
| us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
307715000 | ||
| CY2013Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
103295000 | |
| us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
316481000 | ||
| CY2014Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
111876000 | |
| us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
451667000 | ||
| CY2013Q3 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
125366000 | |
| us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
1181385000 | ||
| CY2014Q3 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
140813000 | |
| us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
76707000 | ||
| CY2014Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
26589000 | |
| CY2013Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
21827000 |
