2014 Form 10-K Financial Statement
#000103405415000004 Filed on March 02, 2015
Income Statement
| Concept | 2014 | 2013 |
|---|---|---|
| Revenue | $1.527B | $1.305B |
| YoY Change | 17.02% | 36.77% |
| Cost Of Revenue | $428.5M | $408.3M |
| YoY Change | 4.96% | 218217.11% |
| Gross Profit | $1.099B | $896.6M |
| YoY Change | 22.52% | -6.01% |
| Gross Profit Margin | 71.94% | 68.71% |
| Selling, General & Admin | $103.3M | $85.50M |
| YoY Change | 20.82% | 18.51% |
| % of Gross Profit | 9.4% | 9.54% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $627.1M | $533.3M |
| YoY Change | 17.59% | 142.96% |
| % of Gross Profit | 57.09% | 59.48% |
| Operating Expenses | $730.4M | $618.7M |
| YoY Change | 18.05% | 757.54% |
| Operating Profit | $368.1M | $277.9M |
| YoY Change | 32.46% | 88.86% |
| Interest Expense | -$336.6M | -$311.9M |
| YoY Change | 7.92% | -258.94% |
| % of Operating Profit | -91.44% | -112.23% |
| Other Income/Expense, Net | $10.60M | $31.10M |
| YoY Change | -65.92% | -109.59% |
| Pretax Income | -$15.70M | -$57.20M |
| YoY Change | -72.55% | -67.44% |
| Income Tax | $8.600M | -$1.300M |
| % Of Pretax Income | ||
| Net Earnings | -$24.30M | -$55.90M |
| YoY Change | -56.53% | -69.12% |
| Net Earnings / Revenue | -1.59% | -4.28% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$188.5K | -$437.4K |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2014 | 2013 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $45.00M | $127.6M |
| YoY Change | -64.73% | -46.52% |
| Cash & Equivalents | $39.40M | $122.1M |
| Short-Term Investments | $5.500M | $5.400M |
| Other Short-Term Assets | $147.5M | $116.9M |
| YoY Change | 26.18% | 33.6% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $134.3M | $99.20M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $326.9M | $343.7M |
| YoY Change | -4.89% | -11.62% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $2.762B | $2.578B |
| YoY Change | 7.14% | -3.48% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $44.10M | $52.80M |
| YoY Change | -16.48% | -0.19% |
| Other Assets | $287.8M | $241.8M |
| YoY Change | 19.02% | -4.16% |
| Total Long-Term Assets | $7.514B | $6.440B |
| YoY Change | 16.69% | 3.41% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $326.9M | $343.7M |
| Total Long-Term Assets | $7.514B | $6.440B |
| Total Assets | $7.841B | $6.783B |
| YoY Change | 15.6% | 2.53% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $42.90M | $24.30M |
| YoY Change | 76.54% | -12.27% |
| Accrued Expenses | $118.7M | $132.8M |
| YoY Change | -10.62% | 50.4% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $32.50M | $481.9M |
| YoY Change | -93.26% | 1.37% |
| Total Short-Term Liabilities | $331.1M | $747.7M |
| YoY Change | -55.72% | -13.43% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $7.828B | $5.395B |
| YoY Change | 45.11% | 10.26% |
| Other Long-Term Liabilities | $342.6M | $283.8M |
| YoY Change | 20.72% | 37.23% |
| Total Long-Term Liabilities | $8.171B | $5.679B |
| YoY Change | 43.89% | 11.36% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $331.1M | $747.7M |
| Total Long-Term Liabilities | $8.171B | $5.679B |
| Total Liabilities | $8.502B | $6.426B |
| YoY Change | 32.3% | 7.77% |
| 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 | -$660.8M | $357.0M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $7.841B | $6.783B |
| YoY Change | 15.6% | 2.53% |
Cashflow Statement
| Concept | 2014 | 2013 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$24.30M | -$55.90M |
| YoY Change | -56.53% | -69.12% |
| Depreciation, Depletion And Amortization | $627.1M | $533.3M |
| YoY Change | 17.59% | 142.96% |
| Cash From Operating Activities | $674.3M | $497.6M |
| YoY Change | 35.51% | 45.96% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$211.3M | -$168.9M |
| YoY Change | 25.1% | -249.12% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$1.553B | -$648.3M |
| YoY Change | 139.53% | -20805.84% |
| Cash From Investing Activities | -$1.764B | -$817.2M |
| YoY Change | 115.87% | -64.08% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 995.3M | 210.8M |
| YoY Change | 372.15% | -90.04% |
| NET CHANGE | ||
| Cash From Operating Activities | 674.3M | 497.6M |
| Cash From Investing Activities | -1.764B | -817.2M |
| Cash From Financing Activities | 995.3M | 210.8M |
| Net Change In Cash | -94.50M | -108.8M |
| YoY Change | -13.14% | -159.69% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $674.3M | $497.6M |
| Capital Expenditures | -$211.3M | -$168.9M |
| Free Cash Flow | $885.6M | $666.5M |
| YoY Change | 32.87% | 192.78% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
128919000 | |
| CY2012 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
279507000 | |
| CY2013 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
408253000 | |
| CY2014 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
428485000 | |
| CY2012 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
-1237000 | |
| CY2012 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
2702000 | |
| CY2013 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
387000 | |
| CY2014 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
1099000 | |
| CY2013Q4 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
29886000 | |
| CY2014Q4 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
54618000 | |
| CY2013Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
298067000 | |
| CY2014Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
247508000 | |
| CY2013Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
68518000 | |
| CY2014Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
77371000 |
