2022 Q1 Form 10-Q Financial Statement

#000169206322000115 Filed on April 29, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $1.621B $1.229B
YoY Change 31.9% 9.78%
Cost Of Revenue $740.1M $558.5M
YoY Change 32.52% 16.45%
Gross Profit $880.4M $670.1M
YoY Change 31.38% 4.78%
Gross Profit Margin 54.33% 54.54%
Selling, General & Admin $545.6M $360.3M
YoY Change 51.43% 1.55%
% of Gross Profit 61.97% 53.77%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $83.80M $73.10M
YoY Change 14.64% 4.73%
% of Gross Profit 9.52% 10.91%
Operating Expenses $745.3M $593.9M
YoY Change 25.49% 1.38%
Operating Profit $135.1M $76.20M
YoY Change 77.3% 38.8%
Interest Expense $2.800M $3.400M
YoY Change -17.65% -10.53%
% of Operating Profit 2.07% 4.46%
Other Income/Expense, Net -$11.60M -$3.400M
YoY Change 241.18% -200.0%
Pretax Income $123.5M $72.80M
YoY Change 69.64% 24.87%
Income Tax $31.40M $18.00M
% Of Pretax Income 25.43% 24.73%
Net Earnings $92.10M $54.80M
YoY Change 68.07% 25.11%
Net Earnings / Revenue 5.68% 4.46%
Basic Earnings Per Share $0.52 $0.31
Diluted Earnings Per Share $0.52 $0.31
COMMON SHARES
Basic Shares Outstanding 177.7M shares 177.4M shares
Diluted Shares Outstanding 178.5M shares 177.8M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $321.1M $521.6M
YoY Change -38.44% -19.73%
Cash & Equivalents $272.6M $472.2M
Short-Term Investments $48.50M $49.40M
Other Short-Term Assets $74.90M $76.30M
YoY Change -1.83% -27.68%
Inventory $31.30M $25.60M
Prepaid Expenses
Receivables $754.4M $560.0M
Other Receivables $59.20M $23.60M
Total Short-Term Assets $1.397B $1.335B
YoY Change 4.66% -8.51%
LONG-TERM ASSETS
Property, Plant & Equipment $2.048B $1.791B
YoY Change 14.38% -2.57%
Goodwill $245.0M $128.1M
YoY Change 91.26% 0.63%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $235.2M $213.3M
YoY Change 10.27% 19.76%
Total Long-Term Assets $2.689B $2.278B
YoY Change 18.04% 1.0%
TOTAL ASSETS
Total Short-Term Assets $1.397B $1.335B
Total Long-Term Assets $2.689B $2.278B
Total Assets $4.087B $3.613B
YoY Change 13.1% -2.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $400.2M $295.8M
YoY Change 35.29% 24.13%
Accrued Expenses $153.3M $153.5M
YoY Change -0.13% 50.64%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.800M $100.7M
YoY Change -98.21% 230.16%
Total Short-Term Liabilities $725.9M $667.1M
YoY Change 8.81% 40.56%
LONG-TERM LIABILITIES
Long-Term Debt $209.9M $207.2M
YoY Change 1.3% -32.31%
Other Long-Term Liabilities $71.10M $78.40M
YoY Change -9.31% -2.37%
Total Long-Term Liabilities $855.8M $846.3M
YoY Change 1.12% -12.91%
TOTAL LIABILITIES
Total Short-Term Liabilities $725.9M $667.1M
Total Long-Term Liabilities $855.8M $846.3M
Total Liabilities $1.582B $1.513B
YoY Change 4.51% 4.63%
SHAREHOLDERS EQUITY
Retained Earnings $935.0M $544.7M
YoY Change 71.65% -24.94%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.505B $2.100B
YoY Change
Total Liabilities & Shareholders Equity $4.087B $3.613B
YoY Change 13.1% -2.73%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $92.10M $54.80M
YoY Change 68.07% 25.11%
Depreciation, Depletion And Amortization $83.80M $73.10M
YoY Change 14.64% 4.73%
Cash From Operating Activities $135.6M $101.1M
YoY Change 34.12% -18.8%
INVESTING ACTIVITIES
Capital Expenditures $60.30M $19.00M
YoY Change 217.37% -14.41%
Acquisitions $3.200M $0.00
YoY Change
Other Investing Activities $61.30M $28.20M
YoY Change 117.38% 29.95%
Cash From Investing Activities -$34.40M -$11.90M
YoY Change 189.08% -70.03%
FINANCING ACTIVITIES
Cash Dividend Paid $12.90M $12.30M
YoY Change 4.88% 14.95%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$73.40M -$12.50M
YoY Change 487.2% -65.08%
NET CHANGE
Cash From Operating Activities $135.6M $101.1M
Cash From Investing Activities -$34.40M -$11.90M
Cash From Financing Activities -$73.40M -$12.50M
Net Change In Cash $27.80M $76.70M
YoY Change -63.75% 56.53%
FREE CASH FLOW
Cash From Operating Activities $135.6M $101.1M
Capital Expenditures $60.30M $19.00M
Free Cash Flow $75.30M $82.10M
YoY Change -8.28% -19.75%

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73100000 USD

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