2017 Q1 Form 10-Q Financial Statement

#000081676117000021 Filed on May 05, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $491.0M $545.0M
YoY Change -9.91% -6.36%
Cost Of Revenue $266.0M $187.0M
YoY Change 42.25% -4.59%
Gross Profit $225.0M $269.0M
YoY Change -16.36% -2.89%
Gross Profit Margin 45.82% 49.36%
Selling, General & Admin $155.0M $174.0M
YoY Change -10.92% -5.43%
% of Gross Profit 68.89% 64.68%
Research & Development $70.00M $57.00M
YoY Change 22.81% -9.52%
% of Gross Profit 31.11% 21.19%
Depreciation & Amortization $36.00M $34.00M
YoY Change 5.88% -19.05%
% of Gross Profit 16.0% 12.64%
Operating Expenses $225.0M $231.0M
YoY Change -2.6% -6.48%
Operating Profit $0.00 -$42.00M
YoY Change -100.0% -240.0%
Interest Expense $3.000M $3.000M
YoY Change 0.0% 200.0%
% of Operating Profit
Other Income/Expense, Net -$2.000M -$3.000M
YoY Change -33.33%
Pretax Income -$2.000M -$45.00M
YoY Change -95.56% -250.0%
Income Tax $0.00 $1.000M
% Of Pretax Income
Net Earnings -$2.000M -$46.00M
YoY Change -95.65% -309.09%
Net Earnings / Revenue -0.41% -8.44%
Basic Earnings Per Share -$0.02 -$0.36
Diluted Earnings Per Share -$0.02 -$0.36
COMMON SHARES
Basic Shares Outstanding 130.4M shares 129.4M shares
Diluted Shares Outstanding 130.4M shares 129.4M shares

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.164B $917.0M
YoY Change 26.94% 4.09%
Cash & Equivalents $1.164B $917.0M
Short-Term Investments
Other Short-Term Assets $58.00M $48.00M
YoY Change 20.83% -43.53%
Inventory $40.00M $54.00M
Prepaid Expenses
Receivables $442.0M $519.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.704B $1.677B
YoY Change 1.61% 5.41%
LONG-TERM ASSETS
Property, Plant & Equipment $142.0M $131.0M
YoY Change 8.4% -19.14%
Goodwill $392.0M $384.0M
YoY Change 2.08% -58.44%
Intangibles $10.00M $17.00M
YoY Change -41.18% -86.07%
Long-Term Investments
YoY Change
Other Assets $18.00M $17.00M
YoY Change 5.88% -80.68%
Total Long-Term Assets $779.0M $787.0M
YoY Change -1.02% -47.95%
TOTAL ASSETS
Total Short-Term Assets $1.704B $1.677B
Total Long-Term Assets $779.0M $787.0M
Total Assets $2.483B $2.464B
YoY Change 0.77% -20.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $89.00M $83.00M
YoY Change 7.23% -43.92%
Accrued Expenses $109.0M $118.0M
YoY Change -7.63% -0.84%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $80.00M
YoY Change -100.0%
Long-Term Debt Due $38.00M $30.00M
YoY Change 26.67% 328.57%
Total Short-Term Liabilities $835.0M $968.0M
YoY Change -13.74% 13.88%
LONG-TERM LIABILITIES
Long-Term Debt $523.0M $560.0M
YoY Change -6.61% -5.56%
Other Long-Term Liabilities $31.00M $26.00M
YoY Change 19.23% -16.13%
Total Long-Term Liabilities $554.0M $586.0M
YoY Change -5.46% -6.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $835.0M $968.0M
Total Long-Term Liabilities $554.0M $586.0M
Total Liabilities $1.529B $1.670B
YoY Change -8.44% 0.66%
SHAREHOLDERS EQUITY
Retained Earnings -$207.0M -$297.0M
YoY Change -30.3% -173.33%
Common Stock $1.244B $1.159B
YoY Change 7.33% 7.51%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $954.0M $794.0M
YoY Change
Total Liabilities & Shareholders Equity $2.483B $2.464B
YoY Change 0.77% -20.59%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income -$2.000M -$46.00M
YoY Change -95.65% -309.09%
Depreciation, Depletion And Amortization $36.00M $34.00M
YoY Change 5.88% -19.05%
Cash From Operating Activities $248.0M $250.0M
YoY Change -0.8% 12.61%
INVESTING ACTIVITIES
Capital Expenditures $16.00M $8.000M
YoY Change 100.0% -52.94%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$3.000M
YoY Change -100.0%
Cash From Investing Activities -$18.00M -$29.00M
YoY Change -37.93% -9.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $43.00M $47.00M
YoY Change -8.51% -82.53%
Debt Paid & Issued, Net $8.000M $7.000M
YoY Change 14.29% -97.17%
Cash From Financing Activities -$44.00M -$145.0M
YoY Change -69.66% 11.54%
NET CHANGE
Cash From Operating Activities $248.0M $250.0M
Cash From Investing Activities -$18.00M -$29.00M
Cash From Financing Activities -$44.00M -$145.0M
Net Change In Cash $190.0M $76.00M
YoY Change 150.0% 26.67%
FREE CASH FLOW
Cash From Operating Activities $248.0M $250.0M
Capital Expenditures $16.00M $8.000M
Free Cash Flow $232.0M $242.0M
YoY Change -4.13% 18.05%

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CY2016Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
0 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-1000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0 USD
CY2016Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
88000000 USD
CY2017Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
85000000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
32000000 USD
CY2017Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
31000000 USD
CY2016Q1 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
1000000 USD
CY2017Q1 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
0 USD
CY2016Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
47000000 USD
CY2017Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
43000000 USD
CY2016Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8000000 USD
CY2017Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
16000000 USD
CY2016Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
96000000 USD
CY2017Q1 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
101000000 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2017Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
9000000 USD
CY2017Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
7000000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
138000000 USD
CY2017Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
142000000 USD
CY2016Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
100000000 USD
CY2017Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
CY2016Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
7000000 USD
CY2017Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
8000000 USD
CY2016Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
57000000 USD
CY2017Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
70000000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-161000000 USD
CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-207000000 USD
CY2016Q1 us-gaap Revenues
Revenues
545000000 USD
CY2017Q1 us-gaap Revenues
Revenues
491000000 USD
CY2016Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
208000000 USD
CY2017Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
166000000 USD
CY2016Q1 us-gaap Sales Revenue Net
SalesRevenueNet
238000000 USD
CY2017Q1 us-gaap Sales Revenue Net
SalesRevenueNet
252000000 USD
CY2016Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
337000000 USD
CY2017Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
325000000 USD
CY2016Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
174000000 USD
CY2017Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
155000000 USD
CY2016Q1 us-gaap Share Based Compensation
ShareBasedCompensation
21000000 USD
CY2017Q1 us-gaap Share Based Compensation
ShareBasedCompensation
16000000 USD
CY2015Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
6000000 USD
CY2016Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
6000000 USD
CY2016Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
5000000 USD
CY2017Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
4000000 USD
CY2016Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
2000000 USD
CY2017Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
2000000 USD
CY2016Q1 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
2000000 USD
CY2017Q1 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
1000000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
971000000 USD
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
954000000 USD
CY2016Q1 us-gaap Technology Services Revenue
TechnologyServicesRevenue
70000000 USD
CY2017Q1 us-gaap Technology Services Revenue
TechnologyServicesRevenue
76000000 USD
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
129400000 shares
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
130400000 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
129400000 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
130400000 shares

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tdc-033117x10q.htm Edgar Link pending
tdc-20170331.xml Edgar Link completed
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tdc-20170331_cal.xml Edgar Link unprocessable
tdc-20170331_def.xml Edgar Link unprocessable
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