2017 Q3 Form 10-Q Financial Statement

#000002454517000020 Filed on November 01, 2017

View on sec.gov

Income Statement

Concept 2017 Q3 2016 Q4 2016 Q3
Revenue $3.553B $2.902B $1.338B
YoY Change 165.6% 134.61% -8.02%
Cost Of Revenue $1.589B $1.482B $537.4M
YoY Change 195.7% 172.96% -8.28%
Gross Profit $1.294B $812.1M $410.2M
YoY Change 215.48% 169.35% -4.94%
Gross Profit Margin 36.42% 27.99% 30.66%
Selling, General & Admin $783.8M $753.8M $278.9M
YoY Change 181.03% 202.49% 5.17%
% of Gross Profit 60.57% 92.82% 67.99%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $208.3M $184.1M $66.60M
YoY Change 212.76% 153.93% -19.76%
% of Gross Profit 16.1% 22.67% 16.24%
Operating Expenses $783.8M $753.8M $278.9M
YoY Change 181.03% 202.49% 5.17%
Operating Profit $506.2M $58.30M $289.2M
YoY Change 75.03% 11.47% 3470.37%
Interest Expense -$72.60M -$78.70M -$66.60M
YoY Change 9.01% -439.22% 148.51%
% of Operating Profit -14.34% -134.99% -23.03%
Other Income/Expense, Net -$2.700M -$1.300M $800.0K
YoY Change -437.5% -79.69% -78.38%
Pretax Income $440.5M $2.453B $223.4M
YoY Change 97.18% 2700.34% -1589.33%
Income Tax $147.4M $1.397B $19.60M
% Of Pretax Income 33.46% 56.94% 8.77%
Net Earnings $313.2M $1.439B $207.7M
YoY Change 50.79% 4288.11% 1151.2%
Net Earnings / Revenue 8.82% 49.6% 15.53%
Basic Earnings Per Share $1.33 $6.70 $0.97
Diluted Earnings Per Share $1.33 $6.65 $0.96
COMMON SHARES
Basic Shares Outstanding 215.5M shares 214.8M shares
Diluted Shares Outstanding 216.5M shares 216.3M shares

Balance Sheet

Concept 2017 Q3 2016 Q4 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $971.0M $561.0M $9.982B
YoY Change -90.27% 30.16% 2433.5%
Cash & Equivalents $971.3M $560.9M $9.982B
Short-Term Investments
Other Short-Term Assets $277.8M $210.7M $109.1M
YoY Change 154.63% 71.72% 21.49%
Inventory $636.0M $592.7M $218.3M
Prepaid Expenses
Receivables $833.4M $654.4M $474.4M
Other Receivables $198.0M $135.0M $165.0M
Total Short-Term Assets $2.916B $2.170B $10.95B
YoY Change -73.36% 72.35% 709.98%
LONG-TERM ASSETS
Property, Plant & Equipment $4.590B $4.507B $1.527B
YoY Change 200.58% 183.34% -5.43%
Goodwill $8.347B $6.400B $1.925B
YoY Change 333.56% 222.69% -5.94%
Intangibles $14.32B $14.03B $4.880B
YoY Change 193.33% 195.68% -0.88%
Long-Term Investments $0.00 $2.644B
YoY Change -100.0% 8.32%
Other Assets $508.4M $382.5M $228.5M
YoY Change 122.49% 49.01% 9.86%
Total Long-Term Assets $27.76B $27.17B $11.25B
YoY Change 146.79% 146.62% -0.39%
TOTAL ASSETS
Total Short-Term Assets $2.916B $2.170B $10.95B
Total Long-Term Assets $27.76B $27.17B $11.25B
Total Assets $30.68B $29.34B $22.20B
YoY Change 38.21% 139.01% 75.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.483B $1.298B $1.269B
YoY Change 95.67% 131.88% 6.55%
Accrued Expenses $2.468B $1.274B
YoY Change 108.35% 6.5%
Deferred Revenue
YoY Change
Short-Term Debt $3.100M $7.000M $10.90M
YoY Change -71.56% -6.67%
Long-Term Debt Due $721.1M $671.7M $299.9M
YoY Change 140.45%
Total Short-Term Liabilities $4.256B $3.158B $1.606B
YoY Change 165.07% 159.41% 13.61%
LONG-TERM LIABILITIES
Long-Term Debt $10.57B $11.39B $9.561B
YoY Change 10.6% 291.5% 223.66%
Other Long-Term Liabilities $309.9M $267.0M $61.00M
YoY Change 408.03% 254.58% -13.23%
Total Long-Term Liabilities $10.88B $11.65B $9.622B
YoY Change 13.12% 290.57% 218.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.256B $3.158B $1.606B
Total Long-Term Liabilities $10.88B $11.65B $9.622B
Total Liabilities $17.98B $17.72B $12.26B
YoY Change 46.71% 239.9% 128.13%
SHAREHOLDERS EQUITY
Retained Earnings $6.659B $6.145B $4.769B
YoY Change 39.63% 36.68% 5.08%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $471.4M $471.4M $471.4M
YoY Change 0.0% 0.0% 11.87%
Treasury Stock Shares 9.500M shares 9.500M shares 9.500M shares
Shareholders Equity $12.49B $11.42B $9.920B
YoY Change
Total Liabilities & Shareholders Equity $30.68B $29.34B $22.20B
YoY Change 38.21% 139.01% 75.53%

Cashflow Statement

Concept 2017 Q3 2016 Q4 2016 Q3
OPERATING ACTIVITIES
Net Income $313.2M $1.439B $207.7M
YoY Change 50.79% 4288.11% 1151.2%
Depreciation, Depletion And Amortization $208.3M $184.1M $66.60M
YoY Change 212.76% 153.93% -19.76%
Cash From Operating Activities $326.9M $496.7M $347.8M
YoY Change -6.01% 74.71% 33.98%
INVESTING ACTIVITIES
Capital Expenditures -$112.0M -$152.9M -$67.30M
YoY Change 66.42% 129.24% -1.75%
Acquisitions
YoY Change
Other Investing Activities $15.90M -$11.94B -$61.00M
YoY Change -126.07% -25246.95% 306.67%
Cash From Investing Activities -$96.10M -$12.10B -$128.3M
YoY Change -25.1% 62908.85% 53.65%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 225.4M 2.198B 6.782B
YoY Change -96.68% -1092.68% -3757.77%
NET CHANGE
Cash From Operating Activities 326.9M 496.7M 347.8M
Cash From Investing Activities -96.10M -12.10B -128.3M
Cash From Financing Activities 225.4M 2.198B 6.782B
Net Change In Cash 456.2M -9.403B 7.001B
YoY Change -93.48% -21617.62% -75379.57%
FREE CASH FLOW
Cash From Operating Activities $326.9M $496.7M $347.8M
Capital Expenditures -$112.0M -$152.9M -$67.30M
Free Cash Flow $438.9M $649.6M $415.1M
YoY Change 5.73% 85.07% 26.52%

Facts In Submission

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StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11621700000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
12696600000 USD
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
9500000 shares
CY2017Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
9500000 shares
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
471400000 USD
CY2017Q3 us-gaap Treasury Stock Value
TreasuryStockValue
471400000 USD
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
216300000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
212600000 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
216500000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
216500000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
214800000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
211100000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
215500000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
215400000 shares

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