2020 Q4 Form 10-Q Financial Statement

#000103405420000010 Filed on November 05, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q3
Revenue $535.9M $522.9M $507.5M
YoY Change 4.33% 3.03% 8.63%
Cost Of Revenue $128.0M $121.5M $123.5M
YoY Change 5.52% -1.61% 5.8%
Gross Profit $407.9M $401.4M $384.0M
YoY Change 3.95% 4.53% 9.57%
Gross Profit Margin 76.11% 76.76% 75.67%
Selling, General & Admin $47.40M $48.15M $42.27M
YoY Change 7.73% 13.91% 21.1%
% of Gross Profit 11.62% 12.0% 11.01%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $180.4M $71.80M $71.40M
YoY Change 0.5% 0.56% 5.78%
% of Gross Profit 44.23% 17.89% 18.59%
Operating Expenses $227.8M $48.15M $42.27M
YoY Change 1.97% 13.91% 21.1%
Operating Profit $165.1M $160.3M $153.8M
YoY Change 7.26% 4.22% 11.48%
Interest Expense -$102.6M -$102.2M -$101.1M
YoY Change -2.19% 1.09% 1.81%
% of Operating Profit -62.14% -63.74% -65.71%
Other Income/Expense, Net $78.00M -$147.1M -$135.1M
YoY Change 120.96% 8.9% 9.08%
Pretax Income $140.5M $13.24M $18.76M
YoY Change 66.67% -29.47% 32.47%
Income Tax $34.30M -$9.441M -$3.002M
% Of Pretax Income 24.41% -71.33% -16.0%
Net Earnings $105.8M $22.57M $21.68M
YoY Change 57.06% 4.1% 34.29%
Net Earnings / Revenue 19.74% 4.32% 4.27%
Basic Earnings Per Share $0.96 $0.20 $0.19
Diluted Earnings Per Share $0.94 $0.20 $0.19
COMMON SHARES
Basic Shares Outstanding 111.1M 111.8M 113.0M
Diluted Shares Outstanding 113.7M 115.2M

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $308.6M $271.9M $129.4M
YoY Change 184.95% 110.12% -4.99%
Cash & Equivalents $308.6M $271.9M $158.7M
Short-Term Investments $700.0K
Other Short-Term Assets $12.60M $18.05M $15.60M
YoY Change -54.55% 15.71% -10.56%
Inventory
Prepaid Expenses
Receivables $74.10M $68.04M $122.7M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $473.0M $458.6M $329.3M
YoY Change 41.5% 39.28% 0.49%
LONG-TERM ASSETS
Property, Plant & Equipment $2.677B $2.668B $2.763B
YoY Change -4.2% -3.44% -0.88%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $57.60M $60.00M
YoY Change
Other Assets $478.0M $504.6M $397.0M
YoY Change 10.63% 27.09% -44.12%
Total Long-Term Assets $8.685B $8.576B $8.872B
YoY Change -7.86% -3.33% 28.84%
TOTAL ASSETS
Total Short-Term Assets $473.0M $458.6M $329.3M
Total Long-Term Assets $8.685B $8.576B $8.872B
Total Assets $9.158B $9.035B $9.201B
YoY Change -6.17% -1.81% 27.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $110.0M $29.23M $35.13M
YoY Change 245.31% -16.79% 9.48%
Accrued Expenses $63.03M $62.52M $63.15M
YoY Change -6.78% -0.99% -7.31%
Deferred Revenue $1.794M $1.040M
YoY Change 26.25%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $24.00M $24.00M $24.00M
YoY Change -95.4% 0.0% 0.0%
Total Short-Term Liabilities $614.8M $551.2M $510.2M
YoY Change -41.35% 8.06% 92.14%
LONG-TERM LIABILITIES
Long-Term Debt $11.07B $10.69B $9.822B
YoY Change 12.84% 8.87% 1.15%
Other Long-Term Liabilities $186.2M $181.0M $241.3M
YoY Change -31.24% -24.98% -37.05%
Total Long-Term Liabilities $13.35B $12.95B $12.24B
YoY Change 8.01% 5.86% 21.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $614.8M $551.2M $510.2M
Total Long-Term Liabilities $13.35B $12.95B $12.24B
Total Liabilities $13.97B $13.51B $12.75B
YoY Change 4.15% 5.95% 23.06%
SHAREHOLDERS EQUITY
Retained Earnings -$6.604B -$6.178B -$5.387B
YoY Change 18.76% 14.68% 11.04%
Common Stock $1.098M $1.114M $1.126M
YoY Change -1.79% -1.07% -1.4%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$4.824B -$4.486B -$3.560B
YoY Change
Total Liabilities & Shareholders Equity $9.158B $9.035B $9.201B
YoY Change -6.17% -1.81% 27.55%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income $105.8M $22.57M $21.68M
YoY Change 57.06% 4.1% 34.29%
Depreciation, Depletion And Amortization $180.4M $71.80M $71.40M
YoY Change 0.5% 0.56% 5.78%
Cash From Operating Activities $243.1M $290.5M $238.9M
YoY Change -8.26% 21.6% 20.05%
INVESTING ACTIVITIES
Capital Expenditures -$33.20M -$28.40M -$38.60M
YoY Change -22.43% -26.42% 6.04%
Acquisitions $80.86M $132.5M
YoY Change -38.98% 11.86%
Other Investing Activities -$59.80M $89.00M -$121.0M
YoY Change -87.78% -173.55% 6.23%
Cash From Investing Activities -$93.00M $60.60M -$159.6M
YoY Change -82.52% -137.97% 6.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -154.7M -262.2M -43.10M
YoY Change -163.07% 508.35% -25.56%
NET CHANGE
Cash From Operating Activities 243.1M 290.5M 238.9M
Cash From Investing Activities -93.00M 60.60M -159.6M
Cash From Financing Activities -154.7M -262.2M -43.10M
Net Change In Cash -4.600M 88.90M 36.20M
YoY Change -78.9% 145.58% -502.22%
FREE CASH FLOW
Cash From Operating Activities $243.1M $290.5M $238.9M
Capital Expenditures -$33.20M -$28.40M -$38.60M
Free Cash Flow $276.3M $318.9M $277.5M
YoY Change -10.23% 14.92% 17.88%

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CY2020Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
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