2023 Q4 Form 10-Q Financial Statement

#000009694323000102 Filed on November 03, 2023

View on sec.gov

Income Statement

Concept 2023 Q4
Revenue $746.4M
YoY Change -1.53%
Cost Of Revenue $330.1M
YoY Change -1.74%
Gross Profit $416.3M
YoY Change -1.36%
Gross Profit Margin 55.78%
Selling, General & Admin $213.2M
YoY Change -8.65%
% of Gross Profit 51.21%
Research & Development $37.58M
YoY Change -12.11%
% of Gross Profit 9.03%
Depreciation & Amortization $57.59M
YoY Change -3.38%
% of Gross Profit 13.83%
Operating Expenses $250.8M
YoY Change -9.18%
Operating Profit $165.3M
YoY Change 13.28%
Interest Expense $23.19M
YoY Change -223.91%
% of Operating Profit 14.03%
Other Income/Expense, Net
YoY Change
Pretax Income $149.6M
YoY Change 36.73%
Income Tax $11.94M
% Of Pretax Income 7.98%
Net Earnings $137.1M
YoY Change 74.5%
Net Earnings / Revenue 18.37%
Basic Earnings Per Share $2.92
Diluted Earnings Per Share $2.90
COMMON SHARES
Basic Shares Outstanding 46.99M shares
Diluted Shares Outstanding 47.30M shares

Balance Sheet

Concept 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $886.3M
YoY Change 193.34%
Cash & Equivalents $881.5M
Short-Term Investments $4.761M
Other Short-Term Assets $165.5M
YoY Change 25.75%
Inventory $625.1M
Prepaid Expenses
Receivables $425.2M
Other Receivables $0.00
Total Short-Term Assets $2.097B
YoY Change 48.64%
LONG-TERM ASSETS
Property, Plant & Equipment $464.5M
YoY Change 3.86%
Goodwill $2.528B
YoY Change -0.33%
Intangibles $2.181B
YoY Change -5.45%
Long-Term Investments
YoY Change
Other Assets $93.28M
YoY Change 4.38%
Total Long-Term Assets $5.396B
YoY Change -2.19%
TOTAL ASSETS
Total Short-Term Assets $2.097B
Total Long-Term Assets $5.396B
Total Assets $7.494B
YoY Change 8.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $130.7M
YoY Change 3.06%
Accrued Expenses $133.1M
YoY Change -5.39%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $87.50M
YoY Change 0.0%
Total Short-Term Liabilities $585.4M
YoY Change 0.68%
LONG-TERM LIABILITIES
Long-Term Debt $1.950B
YoY Change 20.08%
Other Long-Term Liabilities $106.6M
YoY Change -30.83%
Total Long-Term Liabilities $2.057B
YoY Change 15.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $585.4M
Total Long-Term Liabilities $2.057B
Total Liabilities $3.180B
YoY Change 9.41%
SHAREHOLDERS EQUITY
Retained Earnings $4.110B
YoY Change 7.66%
Common Stock $48.05M
YoY Change 0.19%
Preferred Stock
YoY Change
Treasury Stock (at cost) $152.1M
YoY Change -1.8%
Treasury Stock Shares
Shareholders Equity $4.314B
YoY Change
Total Liabilities & Shareholders Equity $7.494B
YoY Change 8.16%

Cashflow Statement

Concept 2023 Q4
OPERATING ACTIVITIES
Net Income $137.1M
YoY Change 74.5%
Depreciation, Depletion And Amortization $57.59M
YoY Change -3.38%
Cash From Operating Activities $201.6M
YoY Change 105.3%
INVESTING ACTIVITIES
Capital Expenditures $24.39M
YoY Change -8.09%
Acquisitions
YoY Change
Other Investing Activities -$4.076M
YoY Change -97.66%
Cash From Investing Activities -$28.47M
YoY Change -85.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 462.0M
YoY Change -2796.73%
NET CHANGE
Cash From Operating Activities 201.6M
Cash From Investing Activities -28.47M
Cash From Financing Activities 462.0M
Net Change In Cash 635.2M
YoY Change -630.83%
FREE CASH FLOW
Cash From Operating Activities $201.6M
Capital Expenditures $24.39M
Free Cash Flow $177.2M
YoY Change 147.29%

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