2019 Q1 Form 10-Q Financial Statement

#000169206319000132 Filed on May 02, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q1
Revenue $1.194B $1.139B
YoY Change 4.84% 13.18%
Cost Of Revenue $473.3M $425.0M
YoY Change 11.36% 15.71%
Gross Profit $720.8M $714.0M
YoY Change 0.95% 11.72%
Gross Profit Margin 60.36% 62.69%
Selling, General & Admin $434.0M $432.5M
YoY Change 0.35% 8.23%
% of Gross Profit 60.21% 60.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $73.40M $71.70M
YoY Change 2.37% 5.6%
% of Gross Profit 10.18% 10.04%
Operating Expenses $669.3M $646.4M
YoY Change 3.54% 8.53%
Operating Profit $51.50M $67.60M
YoY Change -23.82% 55.4%
Interest Expense $3.900M $4.200M
YoY Change -7.14% -23.64%
% of Operating Profit 7.57% 6.21%
Other Income/Expense, Net -$2.100M -$3.100M
YoY Change -32.26% -44.64%
Pretax Income $49.40M $64.50M
YoY Change -23.41% 70.18%
Income Tax $12.50M $16.90M
% Of Pretax Income 25.3% 26.2%
Net Earnings $36.90M $47.60M
YoY Change -22.48% 110.62%
Net Earnings / Revenue 3.09% 4.18%
Basic Earnings Per Share $0.21 $0.27
Diluted Earnings Per Share $0.21 $0.27
COMMON SHARES
Basic Shares Outstanding 177.0M shares 176.9M shares
Diluted Shares Outstanding 177.4M shares 177.2M shares

Balance Sheet

Concept 2019 Q1 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $488.1M $340.4M
YoY Change 43.39% 164.49%
Cash & Equivalents $441.0M $300.1M
Short-Term Investments $47.10M $40.30M
Other Short-Term Assets $94.50M $115.0M
YoY Change -17.83% 9.94%
Inventory $49.60M $73.20M
Prepaid Expenses
Receivables $536.8M $530.4M
Other Receivables $41.30M $18.40M
Total Short-Term Assets $1.365B $1.193B
YoY Change 14.42% 35.91%
LONG-TERM ASSETS
Property, Plant & Equipment $1.968B $1.847B
YoY Change 6.55% 5.7%
Goodwill $162.4M $165.3M
YoY Change -1.75% 0.7%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $237.7M $73.80M
YoY Change 222.09% 13.02%
Total Long-Term Assets $2.506B $2.220B
YoY Change 12.91% 4.85%
TOTAL ASSETS
Total Short-Term Assets $1.365B $1.193B
Total Long-Term Assets $2.506B $2.220B
Total Assets $3.871B $3.413B
YoY Change 13.44% 13.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $308.0M $270.6M
YoY Change 13.82% 9.55%
Accrued Expenses $141.5M $120.3M
YoY Change 17.62% 1.86%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $69.60M $12.20M
YoY Change 470.49% -92.68%
Total Short-Term Liabilities $650.3M $492.7M
YoY Change 31.99% -17.66%
LONG-TERM LIABILITIES
Long-Term Debt $334.5M $410.8M
YoY Change -18.57% -2.83%
Other Long-Term Liabilities $91.60M $62.10M
YoY Change 47.5% -38.11%
Total Long-Term Liabilities $1.061B $985.7M
YoY Change 7.65% -17.53%
TOTAL LIABILITIES
Total Short-Term Liabilities $650.3M $492.7M
Total Long-Term Liabilities $1.061B $985.7M
Total Liabilities $1.711B $1.478B
YoY Change 15.76% -17.57%
SHAREHOLDERS EQUITY
Retained Earnings $615.5M $399.8M
YoY Change 53.95% 2904.89%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.160B $1.934B
YoY Change
Total Liabilities & Shareholders Equity $3.871B $3.413B
YoY Change 13.44% 13.96%

Cashflow Statement

Concept 2019 Q1 2018 Q1
OPERATING ACTIVITIES
Net Income $36.90M $47.60M
YoY Change -22.48% 110.62%
Depreciation, Depletion And Amortization $73.40M $71.70M
YoY Change 2.37% 5.6%
Cash From Operating Activities $133.2M $100.0M
YoY Change 33.2% 12.11%
INVESTING ACTIVITIES
Capital Expenditures $50.10M $44.80M
YoY Change 11.83% 13.99%
Acquisitions
YoY Change
Other Investing Activities $20.70M $43.60M
YoY Change -52.52% 31.72%
Cash From Investing Activities -$59.20M -$22.60M
YoY Change 161.95% -40.53%
FINANCING ACTIVITIES
Cash Dividend Paid $10.60M $8.800M
YoY Change 20.45% 12.82%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$11.70M -$15.80M
YoY Change -25.95% -84.62%
NET CHANGE
Cash From Operating Activities $133.2M $100.0M
Cash From Investing Activities -$59.20M -$22.60M
Cash From Financing Activities -$11.70M -$15.80M
Net Change In Cash $62.30M $61.60M
YoY Change 1.14% -219.61%
FREE CASH FLOW
Cash From Operating Activities $133.2M $100.0M
Capital Expenditures $50.10M $44.80M
Free Cash Flow $83.10M $55.20M
YoY Change 50.54% 10.62%

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300000 USD
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49900000 USD
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CY2019Q1 us-gaap Goodwill
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300000 USD
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800000 USD
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2100000 USD
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6900000 USD
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300000 shares
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404600000 USD
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69600000 USD
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45000000.0 USD
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500000 USD
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600000 USD
CY2019Q1 us-gaap Long Term Debt Noncurrent
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334500000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
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359400000 USD
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150000000.0 USD
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CY2018Q1 us-gaap Effective Income Tax Rate Continuing Operations
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36900000 USD
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47600000 USD
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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177000000.0 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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176900000 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Restricted Stock
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400000 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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177400000 shares
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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177200000 shares
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CY2018Q1 us-gaap Earnings Per Share Diluted
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0.27
CY2019Q1 us-gaap Allocated Share Based Compensation Expense
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2000000.0 USD
CY2019Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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24200000 USD
CY2019Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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P2Y6M
CY2019Q1 sndr Sharebased Compensation Arrangement Optionsand Equity Instruments Other Than Options Grantsin Period Fair Value
SharebasedCompensationArrangementOptionsandEquityInstrumentsOtherThanOptionsGrantsinPeriodFairValue
15400000 USD
CY2019Q1 sndr Sharebased Compensation Arrangement By Sharebased Payment Award Options And Equity Instruments Other Than Options Grants In Period
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801242 shares
CY2019Q1 us-gaap Other Commitment Due In Next Twelve Months
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182500000 USD
CY2019Q1 us-gaap Number Of Reportable Segments
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3 Segment
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67600000 USD
CY2019Q1 us-gaap Revenues
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1194100000 USD
CY2018Q1 us-gaap Revenues
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1139000000.0 USD
CY2019Q1 us-gaap Operating Income Loss
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51500000 USD
CY2019Q1 us-gaap Depreciation And Amortization
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73400000 USD
CY2018Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
71700000 USD

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