2008 Form 10-K Financial Statement
#000104746910001028 Filed on February 19, 2010
Income Statement
| Concept | 2008 | 2007 |
|---|---|---|
| Revenue | $4.774B | $6.191B |
| YoY Change | -22.89% | 5.92% |
| Cost Of Revenue | $2.841B | $3.703B |
| YoY Change | -23.28% | 6.38% |
| Gross Profit | $1.934B | $2.488B |
| YoY Change | -22.27% | 5.25% |
| Gross Profit Margin | 40.51% | 40.19% |
| Selling, General & Admin | $1.333B | $1.734B |
| YoY Change | -23.13% | 1.7% |
| % of Gross Profit | 68.92% | 69.69% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $294.3M | $345.8M |
| YoY Change | -14.89% | -21.12% |
| % of Gross Profit | 15.22% | 13.9% |
| Operating Expenses | $1.333B | $1.735B |
| YoY Change | -23.17% | 1.7% |
| Operating Profit | $601.0M | $753.0M |
| YoY Change | -20.19% | 14.44% |
| Interest Expense | $50.00M | -$106.0M |
| YoY Change | -147.17% | -9.4% |
| % of Operating Profit | 8.32% | -14.08% |
| Other Income/Expense, Net | -$1.000M | $0.00 |
| YoY Change | -100.0% | |
| Pretax Income | $499.0M | $526.0M |
| YoY Change | -5.13% | 11.44% |
| Income Tax | $96.00M | $1.000M |
| % Of Pretax Income | 19.24% | 0.19% |
| Net Earnings | $390.9M | $507.3M |
| YoY Change | -22.95% | 40.53% |
| Net Earnings / Revenue | 8.19% | 8.19% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | $2.038M | $2.718M |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2008 | 2007 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $216.0M | $377.0M |
| YoY Change | -42.71% | 107.14% |
| Cash & Equivalents | $216.0M | $377.0M |
| Short-Term Investments | ||
| Other Short-Term Assets | $63.00M | $159.0M |
| YoY Change | -60.38% | 24.22% |
| Inventory | $192.0M | $370.0M |
| Prepaid Expenses | ||
| Receivables | $473.0M | $759.0M |
| Other Receivables | $162.0M | $112.0M |
| Total Short-Term Assets | $1.107B | $1.777B |
| YoY Change | -37.7% | 21.88% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $1.302B | $2.696B |
| YoY Change | -51.71% | 11.36% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $2.419B | $0.00 |
| YoY Change | ||
| Other Assets | $286.0M | $522.0M |
| YoY Change | -45.21% | 83.8% |
| Total Long-Term Assets | $9.280B | $11.68B |
| YoY Change | -20.51% | 15.08% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $1.107B | $1.777B |
| Total Long-Term Assets | $9.280B | $11.68B |
| Total Assets | $10.39B | $13.45B |
| YoY Change | -22.78% | 15.94% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $18.00M | $29.00M |
| YoY Change | -37.93% | -6.45% |
| Accrued Expenses | $691.0M | $1.189B |
| YoY Change | -41.88% | -2.94% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $0.00 | $4.000M |
| YoY Change | -100.0% | 0.0% |
| Total Short-Term Liabilities | $986.0M | $1.736B |
| YoY Change | -43.2% | -3.56% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $1.752B | $2.261B |
| YoY Change | -22.51% | 6.15% |
| Other Long-Term Liabilities | $1.210B | $1.657B |
| YoY Change | -26.98% | 37.85% |
| Total Long-Term Liabilities | $2.962B | $3.918B |
| YoY Change | -24.4% | 17.59% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $986.0M | $1.736B |
| Total Long-Term Liabilities | $2.962B | $3.918B |
| Total Liabilities | $4.331B | $6.302B |
| YoY Change | -31.28% | 8.92% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $6.055B | $7.149B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $10.39B | $13.45B |
| YoY Change | -22.78% | 15.94% |
Cashflow Statement
| Concept | 2008 | 2007 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $390.9M | $507.3M |
| YoY Change | -22.95% | 40.53% |
| Depreciation, Depletion And Amortization | $294.3M | $345.8M |
| YoY Change | -14.89% | -21.12% |
| Cash From Operating Activities | $430.6M | $616.0M |
| YoY Change | -30.1% | -26.07% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$249.6M | -$428.3M |
| YoY Change | -41.72% | -4.05% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$39.00M | -$10.80M |
| YoY Change | 261.11% | -107.12% |
| Cash From Investing Activities | -$288.6M | -$439.1M |
| YoY Change | -34.27% | 48.95% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -266.9M | 8.400M |
| YoY Change | -3277.38% | -102.09% |
| NET CHANGE | ||
| Cash From Operating Activities | 430.6M | 616.0M |
| Cash From Investing Activities | -288.6M | -439.1M |
| Cash From Financing Activities | -266.9M | 8.400M |
| Net Change In Cash | -124.9M | 185.3M |
| YoY Change | -167.4% | 35.06% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $430.6M | $616.0M |
| Capital Expenditures | -$249.6M | -$428.3M |
| Free Cash Flow | $680.2M | $1.044B |
| YoY Change | -34.87% | -18.39% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2008 | us-gaap |
Profit Loss
ProfitLoss
|
390900000 | USD |
| CY2007 | us-gaap |
Profit Loss
ProfitLoss
|
507300000 | USD |
| CY2010Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
0 | shares |
