2011 Form 10-K Financial Statement
#000072067212000054 Filed on February 28, 2012
Income Statement
| Concept | 2011 | 2010 | 2009 |
|---|---|---|---|
| Revenue | $1.393B | $1.395B | $1.103B |
| YoY Change | -0.15% | 26.5% | 24.09% |
| Cost Of Revenue | $25.40M | $26.30M | $23.40M |
| YoY Change | -3.42% | 12.39% | 75.94% |
| Gross Profit | $1.393B | $1.369B | $1.080B |
| YoY Change | 1.75% | 26.81% | 23.29% |
| Gross Profit Margin | 99.99% | 98.11% | 97.88% |
| Selling, General & Admin | $1.081B | $1.242B | $862.6M |
| YoY Change | -12.94% | 43.97% | 23.87% |
| % of Gross Profit | 77.62% | 90.72% | 79.91% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $33.60M | $29.30M | $26.00M |
| YoY Change | 14.68% | 12.69% | 52.94% |
| % of Gross Profit | 2.41% | 2.14% | 2.41% |
| Operating Expenses | $1.230B | $1.356B | $946.9M |
| YoY Change | -9.33% | 43.2% | 23.73% |
| Operating Profit | $163.4M | $12.90M | $132.6M |
| YoY Change | 1166.67% | -90.27% | 20.22% |
| Interest Expense | -$25.30M | -$13.20M | -$12.20M |
| YoY Change | 91.67% | 8.2% | -34.05% |
| % of Operating Profit | -15.48% | -102.33% | -9.2% |
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | $138.1M | -$200.0K | $120.4M |
| YoY Change | -69150.0% | -100.17% | 31.15% |
| Income Tax | $53.90M | -$2.100M | $44.60M |
| % Of Pretax Income | 39.03% | 37.04% | |
| Net Earnings | $84.10M | $1.900M | $75.80M |
| YoY Change | 4326.32% | -97.49% | 36.58% |
| Net Earnings / Revenue | 6.04% | 0.14% | 6.87% |
| Basic Earnings Per Share | $1.61 | $0.04 | $1.79 |
| Diluted Earnings Per Share | $1.33 | $0.03 | $1.043M |
| COMMON SHARES | |||
| Basic Shares Outstanding | 52.42M | 48.72M | 42.45M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2011 | 2010 | 2009 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $168.0M | $254.0M | $162.0M |
| YoY Change | -33.86% | 56.79% | -32.5% |
| Cash & Equivalents | $168.0M | $254.0M | $162.0M |
| Short-Term Investments | |||
| Other Short-Term Assets | |||
| YoY Change | |||
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $604.0M | $556.0M | $481.0M |
| Other Receivables | $284.0M | $293.0M | $337.0M |
| Total Short-Term Assets | $1.056B | $1.103B | $980.0M |
| YoY Change | -4.26% | 12.55% | 51.0% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $105.0M | $71.00M | $62.00M |
| YoY Change | 47.89% | 14.52% | 29.17% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $2.119B | $1.690B | $1.153B |
| YoY Change | 25.38% | 46.57% | 346.9% |
| Other Assets | $185.0M | $210.0M | $53.00M |
| YoY Change | -11.9% | 296.23% | 12.77% |
| Total Long-Term Assets | $3.896B | $3.110B | $2.187B |
| YoY Change | 25.27% | 42.2% | 140.59% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $1.056B | $1.103B | $980.0M |
| Total Long-Term Assets | $3.896B | $3.110B | $2.187B |
| Total Assets | $4.952B | $4.213B | $3.167B |
| YoY Change | 17.54% | 33.03% | 103.27% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $250.0M | $221.0M | $215.0M |
| YoY Change | 13.12% | 2.79% | 37.82% |
| Accrued Expenses | $204.0M | $235.0M | $166.0M |
| YoY Change | -13.19% | 41.57% | 27.69% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $280.0M | $219.0M | $213.0M |
| YoY Change | 27.85% | 2.82% | 10550.0% |
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $946.0M | $804.0M | $649.0M |
| YoY Change | 17.66% | 23.88% | 78.79% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $83.00M | $83.00M | $83.00M |
| YoY Change | 0.0% | 0.0% | 0.0% |
| Other Long-Term Liabilities | $2.365B | $1.852B | $1.346B |
| YoY Change | 27.7% | 37.59% | 222.01% |
| Total Long-Term Liabilities | $2.448B | $1.935B | $1.429B |
| YoY Change | 26.51% | 35.41% | 185.23% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $946.0M | $804.0M | $649.0M |
| Total Long-Term Liabilities | $2.448B | $1.935B | $1.429B |
| Total Liabilities | $3.650B | $2.959B | $2.294B |
| YoY Change | 23.35% | 28.99% | 137.72% |
| 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 | $1.302B | $1.254B | $873.0M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $4.952B | $4.213B | $3.167B |
| YoY Change | 17.54% | 33.03% | 103.27% |
Cashflow Statement
| Concept | 2011 | 2010 | 2009 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $84.10M | $1.900M | $75.80M |
| YoY Change | 4326.32% | -97.49% | 36.58% |
| Depreciation, Depletion And Amortization | $33.60M | $29.30M | $26.00M |
| YoY Change | 14.68% | 12.69% | 52.94% |
| Cash From Operating Activities | $45.40M | $141.5M | -$347.3M |
| YoY Change | -67.92% | -140.74% | -199.14% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$59.70M | -$27.70M | -$32.90M |
| YoY Change | 115.52% | -15.81% | 38.82% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$655.9M | -$539.6M | -$818.0M |
| YoY Change | 21.55% | -34.03% | 1204.63% |
| Cash From Investing Activities | -$715.6M | -$567.3M | -$850.8M |
| YoY Change | 26.14% | -33.32% | 883.58% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 585.1M | 515.8M | 1.120B |
| YoY Change | 13.44% | -53.95% | -1653.68% |
| NET CHANGE | |||
| Cash From Operating Activities | 45.40M | 141.5M | -347.3M |
| Cash From Investing Activities | -715.6M | -567.3M | -850.8M |
| Cash From Financing Activities | 585.1M | 515.8M | 1.120B |
| Net Change In Cash | -85.10M | 90.00M | -77.90M |
| YoY Change | -194.56% | -215.53% | -140.64% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $45.40M | $141.5M | -$347.3M |
| Capital Expenditures | -$59.70M | -$27.70M | -$32.90M |
| Free Cash Flow | $105.1M | $169.2M | -$314.4M |
| YoY Change | -37.88% | -153.82% | -184.06% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2010Q4 | us-gaap |
Weighted Average Rate Domestic Deposit Time Deposits
WeightedAverageRateDomesticDepositTimeDeposits
|
0.002 | |
| CY2009 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.79 | |
| CY2010 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.04 | |
| CY2011 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.61 | |
| CY2009 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
42445000 | |
| CY2010 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
48723000 | |
| CY2011 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
52418000 |
