2024 Q3 Form 10-Q Financial Statement
#000009144024000051 Filed on July 18, 2024
Income Statement
| Concept | 2024 Q3 | 2024 Q2 |
|---|---|---|
| Revenue | $1.247B | $1.280B |
| YoY Change | -2.9% | 0.34% |
| Cost Of Revenue | $587.9M | $612.4M |
| YoY Change | -4.27% | 3.2% |
| Gross Profit | $659.5M | $667.5M |
| YoY Change | -1.66% | -2.15% |
| Gross Profit Margin | 52.87% | 52.15% |
| Selling, General & Admin | ||
| YoY Change | ||
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $24.60M | $24.60M |
| YoY Change | -0.81% | 36.67% |
| % of Gross Profit | 3.73% | 3.69% |
| Operating Expenses | $335.4M | $305.8M |
| YoY Change | 2.66% | -14.13% |
| Operating Profit | $324.1M | $350.5M |
| YoY Change | -5.76% | 7.48% |
| Interest Expense | $1.100M | $400.0K |
| YoY Change | -121.57% | -96.77% |
| % of Operating Profit | 0.34% | 0.11% |
| Other Income/Expense, Net | $20.60M | $18.70M |
| YoY Change | 121.51% | 23.03% |
| Pretax Income | $332.2M | $356.9M |
| YoY Change | -4.57% | 8.51% |
| Income Tax | $74.70M | $79.30M |
| % Of Pretax Income | 22.49% | 22.22% |
| Net Earnings | $251.1M | $271.2M |
| YoY Change | -4.89% | 9.05% |
| Net Earnings / Revenue | 20.13% | 21.19% |
| Basic Earnings Per Share | $4.77 | $5.15 |
| Diluted Earnings Per Share | $4.70 | $5.07 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 52.68M shares | 52.72M shares |
| Diluted Shares Outstanding | 53.40M shares | 53.50M shares |
Balance Sheet
| Concept | 2024 Q3 | 2024 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $1.313B | $1.233B |
| YoY Change | 50.73% | 47.84% |
| Cash & Equivalents | $1.313B | $1.233B |
| Short-Term Investments | ||
| Other Short-Term Assets | $148.4M | $147.0M |
| YoY Change | 15.04% | 6.52% |
| Inventory | $995.8M | $965.0M |
| Prepaid Expenses | ||
| Receivables | $796.4M | $783.5M |
| Other Receivables | $746.8M | $729.9M |
| Total Short-Term Assets | $4.001B | $3.858B |
| YoY Change | 13.23% | 10.83% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $626.3M | $613.6M |
| YoY Change | 5.83% | 6.2% |
| Goodwill | $1.087B | $1.068B |
| YoY Change | 3.62% | 1.65% |
| Intangibles | $420.6M | $414.9M |
| YoY Change | 4.26% | 1.69% |
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $17.10M | $16.90M |
| YoY Change | -89.44% | 31.01% |
| Total Long-Term Assets | $3.953B | $3.902B |
| YoY Change | 6.91% | 7.06% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $4.001B | $3.858B |
| Total Long-Term Assets | $3.953B | $3.902B |
| Total Assets | $7.953B | $7.760B |
| YoY Change | 10.0% | 8.9% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $270.0M | $271.1M |
| YoY Change | -1.53% | -4.24% |
| Accrued Expenses | $592.1M | $585.5M |
| YoY Change | -0.47% | -6.06% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $14.30M | $15.70M |
| YoY Change | -19.66% | -13.74% |
| Long-Term Debt Due | $800.0K | $1.000M |
| YoY Change | -52.94% | -47.37% |
| Total Short-Term Liabilities | $956.4M | $950.1M |
| YoY Change | -0.61% | -4.89% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $1.185B | $1.185B |
| YoY Change | -0.03% | 0.09% |
| Other Long-Term Liabilities | $87.90M | $86.80M |
| YoY Change | -60.72% | 2.84% |
| Total Long-Term Liabilities | $1.273B | $1.272B |
| YoY Change | -9.66% | 0.28% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $956.4M | $950.1M |
| Total Long-Term Liabilities | $1.273B | $1.272B |
| Total Liabilities | $2.456B | $2.451B |
| YoY Change | -0.72% | -1.69% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $7.439B | $7.286B |
| YoY Change | 12.11% | 12.82% |
| Common Stock | $67.50M | $67.50M |
| YoY Change | 0.0% | 0.0% |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $5.475B | $5.286B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $7.953B | $7.760B |
| YoY Change | 10.0% | 8.9% |
Cashflow Statement
| Concept | 2024 Q3 | 2024 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $251.1M | $271.2M |
| YoY Change | -4.89% | 9.05% |
| Depreciation, Depletion And Amortization | $24.60M | $24.60M |
| YoY Change | -0.81% | 36.67% |
| Cash From Operating Activities | $274.2M | $301.1M |
| YoY Change | 1.44% | -0.17% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $20.40M | $23.20M |
| YoY Change | -20.93% | 0.87% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$20.10M | -$37.00M |
| YoY Change | -70.78% | -4725.0% |
| Cash From Investing Activities | -$40.50M | -$60.20M |
| YoY Change | -57.19% | -17.42% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -156.2M | -127.9M |
| YoY Change | 14.43% | -15.91% |
| NET CHANGE | ||
| Cash From Operating Activities | 274.2M | 301.1M |
| Cash From Investing Activities | -40.50M | -60.20M |
| Cash From Financing Activities | -156.2M | -127.9M |
| Net Change In Cash | 77.50M | 113.0M |
| YoY Change | 97.7% | 47.52% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $274.2M | $301.1M |
| Capital Expenditures | $20.40M | $23.20M |
| Free Cash Flow | $253.8M | $277.9M |
| YoY Change | 3.8% | -0.25% |
Facts In Submission
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|---|---|---|---|---|
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Proceeds From Stock Options Exercised
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177.79 | |
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Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
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Stock Issued During Period Shares Stock Options Exercised
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243.37 | ||
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Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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|
188.75 | |
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Operating Income Loss
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Operating Income Loss
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Operating Income Loss
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