2015 Q4 Form 10-Q Financial Statement

#000112695616000091 Filed on February 03, 2016

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q4
Revenue $399.4M $204.2M $619.6M
YoY Change -35.54% -8.14% 32.22%
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 $33.70M $33.40M $32.30M
YoY Change 4.33% 38.02% 59.9%
% of Gross Profit
Operating Expenses $312.4M $212.7M $532.3M
YoY Change -41.31% -7.8% 31.59%
Operating Profit $87.00M -$8.500M $87.30M
YoY Change -0.34% 1.19% 38.79%
Interest Expense $19.00M -$18.50M $19.20M
YoY Change -1.04% 23.33% 82.86%
% of Operating Profit 21.84% 21.99%
Other Income/Expense, Net $1.400M -$1.400M $1.400M
YoY Change 0.0% -39.13% -17.65%
Pretax Income $69.40M -$28.40M $69.50M
YoY Change -0.14% 10.51% 28.47%
Income Tax $22.50M -$9.700M $22.40M
% Of Pretax Income 32.42% 32.23%
Net Earnings $46.90M -$18.70M $47.10M
YoY Change -0.42% 25.5% 32.3%
Net Earnings / Revenue 11.74% -9.16% 7.6%
Basic Earnings Per Share $1.08 -$0.43 $1.09
Diluted Earnings Per Share $1.08 -$0.43 $1.09
COMMON SHARES
Basic Shares Outstanding 43.20M shares 43.32M shares 43.10M shares
Diluted Shares Outstanding 43.40M shares 43.20M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.600M $13.80M $13.40M
YoY Change -65.67% -14.29% -61.16%
Cash & Equivalents $4.600M $13.80M $13.40M
Short-Term Investments
Other Short-Term Assets $110.3M $73.00M $126.1M
YoY Change -12.53% -36.85% 297.79%
Inventory $203.5M $215.4M $245.5M
Prepaid Expenses
Receivables $297.5M $210.6M $102.2M
Other Receivables $20.10M $17.30M $11.10M
Total Short-Term Assets $636.0M $530.1M $816.1M
YoY Change -22.07% -15.59% 42.99%
LONG-TERM ASSETS
Property, Plant & Equipment $13.90M $13.70M $9.500M
YoY Change 46.32% 48.91% 80.99%
Goodwill $946.0M $946.0M $937.8M
YoY Change 0.87% 0.87% 297.69%
Intangibles
YoY Change
Long-Term Investments $60.80M $59.90M $60.90M
YoY Change -0.16% -0.17% -3.03%
Other Assets $61.80M $75.40M $64.00M
YoY Change -3.44% 16.0% 377.08%
Total Long-Term Assets $4.763B $4.748B $4.472B
YoY Change 6.49% 6.78% 69.67%
TOTAL ASSETS
Total Short-Term Assets $636.0M $530.1M $816.1M
Total Long-Term Assets $4.763B $4.748B $4.472B
Total Assets $5.399B $5.278B $5.289B
YoY Change 2.09% 4.01% 64.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $159.5M $146.5M $221.1M
YoY Change -27.86% -17.09% 37.54%
Accrued Expenses $44.90M $47.00M $44.60M
YoY Change 0.67% -8.02% 74.9%
Deferred Revenue
YoY Change
Short-Term Debt $377.1M $338.0M $397.5M
YoY Change -5.13% 17.73% 325.13%
Long-Term Debt Due $0.00 $80.00M $114.7M
YoY Change -100.0% 43.38%
Total Short-Term Liabilities $847.5M $853.8M $1.082B
YoY Change -21.69% 8.65% 126.55%
LONG-TERM LIABILITIES
Long-Term Debt $1.839B $1.772B $1.736B
YoY Change 5.91% -4.29% 108.5%
Other Long-Term Liabilities $76.00M $77.30M $76.90M
YoY Change -1.17% 2.93% 71.33%
Total Long-Term Liabilities $1.112B $1.091B $936.4M
YoY Change 18.76% 17.5% 12.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $847.5M $853.8M $1.082B
Total Long-Term Liabilities $1.112B $1.091B $936.4M
Total Liabilities $1.960B $1.945B $2.019B
YoY Change -2.93% 13.44% 54.38%
SHAREHOLDERS EQUITY
Retained Earnings $519.9M $494.2M $464.6M
YoY Change 11.9% 12.96% 5.29%
Common Stock $43.40M $43.30M $43.30M
YoY Change 0.23% 0.23% 32.21%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.600B $1.574B $1.534B
YoY Change
Total Liabilities & Shareholders Equity $5.399B $5.290B $5.289B
YoY Change 2.09% 4.26% 64.92%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q4
OPERATING ACTIVITIES
Net Income $46.90M -$18.70M $47.10M
YoY Change -0.42% 25.5% 32.3%
Depreciation, Depletion And Amortization $33.70M $33.40M $32.30M
YoY Change 4.33% 38.02% 59.9%
Cash From Operating Activities $33.50M -$43.90M -$34.10M
YoY Change -198.24% -29.65% 117.2%
INVESTING ACTIVITIES
Capital Expenditures $62.40M -$86.90M $60.00M
YoY Change 4.0% 41.3% 73.41%
Acquisitions
YoY Change
Other Investing Activities $400.0K $100.0K $600.0K
YoY Change -33.33% -100.01% -14.29%
Cash From Investing Activities -$62.80M -$86.80M -$60.60M
YoY Change 3.63% -93.65% 149.38%
FINANCING ACTIVITIES
Cash Dividend Paid $19.90M $19.00M
YoY Change 4.74% 36.69%
Common Stock Issuance & Retirement, Net $1.100M $1.700M
YoY Change -35.29% 112.5%
Debt Paid & Issued, Net $80.00M $0.00
YoY Change
Cash From Financing Activities $20.10M 138.8M $92.00M
YoY Change -78.15% -84.09% 327.91%
NET CHANGE
Cash From Operating Activities $33.50M -43.90M -$34.10M
Cash From Investing Activities -$62.80M -86.80M -$60.60M
Cash From Financing Activities $20.10M 138.8M $92.00M
Net Change In Cash -$9.200M 8.100M -$2.700M
YoY Change 240.74% -101.46% -85.41%
FREE CASH FLOW
Cash From Operating Activities $33.50M -$43.90M -$34.10M
Capital Expenditures $62.40M -$86.90M $60.00M
Free Cash Flow -$28.90M $43.00M -$94.10M
YoY Change -69.29% -4877.78% 87.08%

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P15Y
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CY2014Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2015Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
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43200000 shares

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