2015 Q1 Form 10-Q Financial Statement

#000112695615000032 Filed on May 06, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q1
Revenue $877.4M $694.5M
YoY Change 26.34% 74.67%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $32.40M $20.30M
YoY Change 59.61% 75.0%
% of Gross Profit
Operating Expenses $719.7M $607.3M
YoY Change 18.51% 99.31%
Operating Profit $157.7M $87.20M
YoY Change 80.85% 68.34%
Interest Expense $19.10M $9.300M
YoY Change 105.38% 38.7%
% of Operating Profit 12.11% 10.67%
Other Income/Expense, Net $700.0K -$300.0K
YoY Change -333.33% -122.39%
Pretax Income $139.3M $77.60M
YoY Change 79.51% 66.94%
Income Tax $44.90M $25.40M
% Of Pretax Income 32.23% 32.73%
Net Earnings $94.40M $52.20M
YoY Change 80.84% 72.85%
Net Earnings / Revenue 10.76% 7.52%
Basic Earnings Per Share $2.18 $1.59
Diluted Earnings Per Share $2.18 $1.59
COMMON SHARES
Basic Shares Outstanding 43.10M shares 32.60M shares
Diluted Shares Outstanding 43.20M shares 32.60M shares

Balance Sheet

Concept 2015 Q1 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $46.90M $10.90M
YoY Change 330.28% -92.58%
Cash & Equivalents $46.90M $10.90M
Short-Term Investments
Other Short-Term Assets $112.1M $61.60M
YoY Change 81.98% 27.01%
Inventory $117.0M $82.80M
Prepaid Expenses
Receivables $355.3M $383.0M
Other Receivables $5.900M $3.200M
Total Short-Term Assets $637.2M $541.6M
YoY Change 17.64% 17.77%
LONG-TERM ASSETS
Property, Plant & Equipment $10.50M $5.539M
YoY Change 89.56% 1.52%
Goodwill $946.0M $216.4M
YoY Change 337.21%
Intangibles
YoY Change
Long-Term Investments $60.80M $62.20M
YoY Change -2.25% 17.58%
Other Assets $68.60M $14.35M
YoY Change 377.98% 133.1%
Total Long-Term Assets $4.544B $2.639B
YoY Change 72.18% 70.34%
TOTAL ASSETS
Total Short-Term Assets $637.2M $541.6M
Total Long-Term Assets $4.544B $2.639B
Total Assets $5.181B $3.180B
YoY Change 62.89% 58.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $160.1M $215.1M
YoY Change -25.56% 97.96%
Accrued Expenses $45.80M $29.90M
YoY Change 53.18% 33.48%
Deferred Revenue
YoY Change
Short-Term Debt $247.6M $36.00M
YoY Change 587.78%
Long-Term Debt Due $80.00M
YoY Change
Total Short-Term Liabilities $853.7M $400.0M
YoY Change 113.44% 92.9%
LONG-TERM LIABILITIES
Long-Term Debt $1.736B $832.8M
YoY Change 108.49% 79.32%
Other Long-Term Liabilities $80.70M $46.08M
YoY Change 75.12% 31.74%
Total Long-Term Liabilities $979.1M $841.1M
YoY Change 16.41% 20.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $853.7M $400.0M
Total Long-Term Liabilities $979.1M $841.1M
Total Liabilities $1.833B $1.241B
YoY Change 47.68% 37.18%
SHAREHOLDERS EQUITY
Retained Earnings $539.2M $479.0M
YoY Change 12.58% 6.17%
Common Stock $43.30M $32.78M
YoY Change 32.1% 44.75%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.612B $1.107B
YoY Change
Total Liabilities & Shareholders Equity $5.181B $3.180B
YoY Change 62.89% 58.3%

Cashflow Statement

Concept 2015 Q1 2014 Q1
OPERATING ACTIVITIES
Net Income $94.40M $52.20M
YoY Change 80.84% 72.85%
Depreciation, Depletion And Amortization $32.40M $20.30M
YoY Change 59.61% 75.0%
Cash From Operating Activities $314.0M $158.5M
YoY Change 98.11% 14.44%
INVESTING ACTIVITIES
Capital Expenditures -$69.50M -$33.60M
YoY Change 106.85% -4.0%
Acquisitions
YoY Change
Other Investing Activities -$8.400M $19.50M
YoY Change -143.08% -1872.73%
Cash From Investing Activities -$77.90M -$14.10M
YoY Change 452.48% -60.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -202.6M -168.1M
YoY Change 20.52% 8305.0%
NET CHANGE
Cash From Operating Activities 314.0M 158.5M
Cash From Investing Activities -77.90M -14.10M
Cash From Financing Activities -202.6M -168.1M
Net Change In Cash 33.50M -23.70M
YoY Change -241.35% -123.61%
FREE CASH FLOW
Cash From Operating Activities $314.0M $158.5M
Capital Expenditures -$69.50M -$33.60M
Free Cash Flow $383.5M $192.1M
YoY Change 99.64% 10.72%

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