2024 Q3 Form 10-Q Financial Statement

#000010917724000039 Filed on August 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $773.7M $779.4M
YoY Change 5.19% 6.88%
Cost Of Revenue $485.6M $476.6M
YoY Change 2.88% -7.35%
Gross Profit $288.1M $302.8M
YoY Change 9.34% 41.17%
Gross Profit Margin 37.24% 38.85%
Selling, General & Admin $254.3M $255.1M
YoY Change 4886.27% 2901.18%
% of Gross Profit 88.27% 84.25%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $25.50M $14.10M
YoY Change 110.74% 18.49%
% of Gross Profit 8.85% 4.66%
Operating Expenses $254.3M $255.1M
YoY Change -34.49% -12.49%
Operating Profit $33.80M $47.70M
YoY Change -127.11% -161.95%
Interest Expense -$3.500M -$2.300M
YoY Change -109.0% -92.72%
% of Operating Profit -10.36% -4.82%
Other Income/Expense, Net -$1.600M -$1.700M
YoY Change 1500.0% 41.67%
Pretax Income $16.90M $41.50M
YoY Change -110.68% -137.8%
Income Tax $4.000M $22.40M
% Of Pretax Income 23.67% 53.98%
Net Earnings $28.60M $6.100M
YoY Change -98.46% -111.36%
Net Earnings / Revenue 3.7% 0.78%
Basic Earnings Per Share $0.21
Diluted Earnings Per Share $1.00 $0.21
COMMON SHARES
Basic Shares Outstanding 28.03M shares 29.15M shares
Diluted Shares Outstanding 29.10M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $368.9M $306.8M
YoY Change -87.41% -6.41%
Cash & Equivalents $368.9M $157.7M
Short-Term Investments $0.00 $149.1M
Other Short-Term Assets $41.50M $41.80M
YoY Change -18.95% -97.74%
Inventory $462.1M $439.9M
Prepaid Expenses
Receivables $635.4M $619.2M
Other Receivables $70.70M $85.30M
Total Short-Term Assets $1.579B $1.493B
YoY Change -60.34% -52.92%
LONG-TERM ASSETS
Property, Plant & Equipment $368.5M $371.9M
YoY Change -5.85% -6.65%
Goodwill $864.9M $858.1M
YoY Change 0.73% -11.4%
Intangibles $990.4M $990.6M
YoY Change -8.2% -13.16%
Long-Term Investments
YoY Change
Other Assets $39.90M $41.70M
YoY Change -11.53% -60.7%
Total Long-Term Assets $2.264B $2.262B
YoY Change -4.65% -13.44%
TOTAL ASSETS
Total Short-Term Assets $1.579B $1.493B
Total Long-Term Assets $2.264B $2.262B
Total Assets $3.842B $3.755B
YoY Change -39.53% -35.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $397.3M $369.4M
YoY Change -13.74% -25.51%
Accrued Expenses $83.50M $64.10M
YoY Change 18.27% -1.54%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $9.400M $9.100M
YoY Change -97.95% -30.53%
Total Short-Term Liabilities $687.1M $654.1M
YoY Change -61.46% -44.41%
LONG-TERM LIABILITIES
Long-Term Debt $551.4M $551.4M
YoY Change -65.95% -82.64%
Other Long-Term Liabilities $32.80M $197.2M
YoY Change -78.7% 209.09%
Total Long-Term Liabilities $584.2M $748.6M
YoY Change -67.05% -76.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $687.1M $654.1M
Total Long-Term Liabilities $584.2M $748.6M
Total Liabilities $1.701B $1.670B
YoY Change -55.18% -63.66%
SHAREHOLDERS EQUITY
Retained Earnings $2.169B $2.153B
YoY Change 3.57% 752.18%
Common Stock $1.989B $1.984B
YoY Change 3.56% -1.64%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.813B $1.813B
YoY Change 48.92% 122.64%
Treasury Stock Shares
Shareholders Equity $2.141B $2.085B
YoY Change
Total Liabilities & Shareholders Equity $3.842B $3.755B
YoY Change -39.53% -35.09%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $28.60M $6.100M
YoY Change -98.46% -111.36%
Depreciation, Depletion And Amortization $25.50M $14.10M
YoY Change 110.74% 18.49%
Cash From Operating Activities $80.70M $82.70M
YoY Change -210.1% -65.8%
INVESTING ACTIVITIES
Capital Expenditures $13.00M $10.10M
YoY Change -29.35% -36.48%
Acquisitions
YoY Change
Other Investing Activities $149.2M $351.0M
YoY Change -96.56% -8262.79%
Cash From Investing Activities $136.2M $340.9M
YoY Change -96.84% -1787.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -14.30M -1.010B
YoY Change -99.13% 701.67%
NET CHANGE
Cash From Operating Activities 80.70M 82.70M
Cash From Investing Activities 136.2M 340.9M
Cash From Financing Activities -14.30M -1.010B
Net Change In Cash 202.6M -586.5M
YoY Change -92.22% -713.49%
FREE CASH FLOW
Cash From Operating Activities $80.70M $82.70M
Capital Expenditures $13.00M $10.10M
Free Cash Flow $67.70M $72.60M
YoY Change -173.83% -67.86%

Facts In Submission

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