2017 Q2 Form 10-Q Financial Statement

#000008652117000058 Filed on August 04, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $2.533B $2.156B
YoY Change 17.49% -8.91%
Cost Of Revenue -$38.00M $226.0M
YoY Change -116.81% 438.1%
Gross Profit $2.555B $1.906B
YoY Change 34.05% -17.7%
Gross Profit Margin 100.87% 88.4%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $368.0M $314.0M
YoY Change 17.2% 2.28%
% of Gross Profit 14.4% 16.47%
Operating Expenses $2.066B $1.883B
YoY Change 9.72% 0.53%
Operating Profit $489.0M $23.00M
YoY Change 2026.09% -94.81%
Interest Expense $159.0M $142.0M
YoY Change 11.97% 2.16%
% of Operating Profit 32.52% 617.39%
Other Income/Expense, Net $108.0M $23.00M
YoY Change 369.57% -37.84%
Pretax Income $415.0M -$112.0M
YoY Change -470.54% -128.28%
Income Tax $167.0M -$106.0M
% Of Pretax Income 40.24%
Net Earnings $259.0M $16.00M
YoY Change 1518.75% -94.58%
Net Earnings / Revenue 10.23% 0.74%
Basic Earnings Per Share $0.99 $0.06
Diluted Earnings Per Share $0.98 $0.06
COMMON SHARES
Basic Shares Outstanding 251.4M shares 250.1M shares
Diluted Shares Outstanding 252.8M shares 252.0M shares

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $223.0M $616.0M
YoY Change -63.8% -3.14%
Cash & Equivalents $223.0M $616.0M
Short-Term Investments
Other Short-Term Assets $239.0M $207.0M
YoY Change 15.46% -84.62%
Inventory $239.0M $270.0M
Prepaid Expenses
Receivables $1.139B $994.0M
Other Receivables $275.0M $176.0M
Total Short-Term Assets $2.767B $3.341B
YoY Change -17.18% -4.71%
LONG-TERM ASSETS
Property, Plant & Equipment $34.56B $29.50B
YoY Change 17.18% 10.5%
Goodwill $2.379B $786.0M
YoY Change 202.67% -11.19%
Intangibles $541.0M $399.0M
YoY Change 35.59% -2.68%
Long-Term Investments $3.536B $3.562B
YoY Change -0.73% -16.05%
Other Assets $859.0M $806.0M
YoY Change 6.58% 19.58%
Total Long-Term Assets $46.61B $39.53B
YoY Change 17.9% 8.31%
TOTAL ASSETS
Total Short-Term Assets $2.767B $3.341B
Total Long-Term Assets $46.61B $39.53B
Total Assets $49.38B $42.88B
YoY Change 15.16% 7.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.065B $1.148B
YoY Change -7.23% 28.99%
Accrued Expenses $314.0M $289.0M
YoY Change 8.65% 6.64%
Deferred Revenue
YoY Change
Short-Term Debt $1.826B $1.777B
YoY Change 2.76% 140.79%
Long-Term Debt Due $1.287B $907.0M
YoY Change 41.9% -28.75%
Total Short-Term Liabilities $6.063B $5.680B
YoY Change 6.74% 29.12%
LONG-TERM LIABILITIES
Long-Term Debt $15.00B $13.18B
YoY Change 13.83% 4.37%
Other Long-Term Liabilities $8.490B $8.351B
YoY Change 1.66% 12.02%
Total Long-Term Liabilities $23.49B $21.53B
YoY Change 9.11% 7.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.063B $5.680B
Total Long-Term Liabilities $23.49B $21.53B
Total Liabilities $36.02B $31.07B
YoY Change 15.93% 9.79%
SHAREHOLDERS EQUITY
Retained Earnings $11.00B $9.952B
YoY Change 10.57%
Common Stock $3.046B $2.681B
YoY Change 13.61%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $13.33B $11.78B
YoY Change
Total Liabilities & Shareholders Equity $49.38B $42.88B
YoY Change 15.16% 7.17%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income $259.0M $16.00M
YoY Change 1518.75% -94.58%
Depreciation, Depletion And Amortization $368.0M $314.0M
YoY Change 17.2% 2.28%
Cash From Operating Activities $885.0M $290.0M
YoY Change 205.17% -28.92%
INVESTING ACTIVITIES
Capital Expenditures -$1.283B -$1.147B
YoY Change 11.86% 39.88%
Acquisitions
YoY Change
Other Investing Activities $242.0M $543.0M
YoY Change -55.43% 39.59%
Cash From Investing Activities -$1.041B -$604.0M
YoY Change 72.35% 40.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 90.00M 552.0M
YoY Change -83.7% 96.44%
NET CHANGE
Cash From Operating Activities 885.0M 290.0M
Cash From Investing Activities -1.041B -604.0M
Cash From Financing Activities 90.00M 552.0M
Net Change In Cash -66.00M 238.0M
YoY Change -127.73% -7.75%
FREE CASH FLOW
Cash From Operating Activities $885.0M $290.0M
Capital Expenditures -$1.283B -$1.147B
Free Cash Flow $2.168B $1.437B
YoY Change 50.87% 17.02%

Facts In Submission

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