2014 Q1 Form 10-Q Financial Statement

#000003989914000020 Filed on May 07, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $1.404B $1.238B
YoY Change 13.44% 1.57%
Cost Of Revenue $767.5M $719.7M
YoY Change 6.64% -0.35%
Gross Profit $636.5M $518.0M
YoY Change 22.88% 4.36%
Gross Profit Margin 45.34% 41.85%
Selling, General & Admin $355.2M $314.1M
YoY Change 13.08% 1.88%
% of Gross Profit 55.8% 60.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $62.51M $48.05M
YoY Change 30.08% 0.99%
% of Gross Profit 9.82% 9.28%
Operating Expenses $355.2M $314.1M
YoY Change 13.08% 1.88%
Operating Profit $204.0M $151.1M
YoY Change 35.04% 11.35%
Interest Expense $69.65M $35.41M
YoY Change 96.72% -10.53%
% of Operating Profit 34.14% 23.44%
Other Income/Expense, Net -$81.91M -$29.19M
YoY Change 180.55% -12.13%
Pretax Income $122.1M $121.9M
YoY Change 0.19% 18.97%
Income Tax $52.50M $5.400M
% Of Pretax Income 43.0% 4.43%
Net Earnings $59.16M $104.6M
YoY Change -43.42% 53.27%
Net Earnings / Revenue 4.21% 8.45%
Basic Earnings Per Share $0.26 $0.46
Diluted Earnings Per Share $0.25 $0.44
COMMON SHARES
Basic Shares Outstanding 227.2M shares 229.4M shares
Diluted Shares Outstanding 232.3M shares 235.2M shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $293.0M $143.0M
YoY Change 104.9% -8.92%
Cash & Equivalents $293.0M $142.8M
Short-Term Investments
Other Short-Term Assets $406.0M $153.0M
YoY Change 165.36% 1.32%
Inventory $61.65M $59.47M
Prepaid Expenses
Receivables $781.4M $628.9M
Other Receivables $30.00M $21.00M
Total Short-Term Assets $1.571B $1.006B
YoY Change 56.26% 0.22%
LONG-TERM ASSETS
Property, Plant & Equipment $1.604B $1.467B
YoY Change 9.33% -9.24%
Goodwill $3.785B $2.841B
YoY Change 33.23% -1.2%
Intangibles $1.461B $490.8M
YoY Change 197.8% -1.7%
Long-Term Investments $536.0M $284.0M
YoY Change 88.73% -9.84%
Other Assets $52.00M $139.0M
YoY Change -62.59% -26.46%
Total Long-Term Assets $7.438B $5.222B
YoY Change 42.45% -4.97%
TOTAL ASSETS
Total Short-Term Assets $1.571B $1.006B
Total Long-Term Assets $7.438B $5.222B
Total Assets $9.010B $6.227B
YoY Change 44.68% -4.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $206.6M $175.1M
YoY Change 17.99% -11.94%
Accrued Expenses $440.2M $348.4M
YoY Change 26.34% -16.7%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $5.890M
YoY Change
Total Short-Term Liabilities $1.012B $862.2M
YoY Change 17.32% -9.34%
LONG-TERM LIABILITIES
Long-Term Debt $3.454B $1.449B
YoY Change 138.33% -12.98%
Other Long-Term Liabilities $208.1M $222.4M
YoY Change -6.41% -5.98%
Total Long-Term Liabilities $5.058B $1.672B
YoY Change 202.57% -12.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.012B $862.2M
Total Long-Term Liabilities $5.058B $1.672B
Total Liabilities $6.069B $3.634B
YoY Change 67.02% -8.4%
SHAREHOLDERS EQUITY
Retained Earnings $7.735B $7.574B
YoY Change 2.13% 3.79%
Common Stock $878.5M $893.6M
YoY Change -1.69% -4.97%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.432B $5.376B
YoY Change 1.05% 1.06%
Treasury Stock Shares 97.63M shares 95.53M shares
Shareholders Equity $2.714B $2.382B
YoY Change
Total Liabilities & Shareholders Equity $9.010B $6.227B
YoY Change 44.68% -4.17%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income $59.16M $104.6M
YoY Change -43.42% 53.27%
Depreciation, Depletion And Amortization $62.51M $48.05M
YoY Change 30.08% 0.99%
Cash From Operating Activities $166.0M $36.28M
YoY Change 357.52% -77.62%
INVESTING ACTIVITIES
Capital Expenditures $21.85M $16.10M
YoY Change 35.75% -11.38%
Acquisitions $32.60M $1.641M
YoY Change 1886.47% -79.5%
Other Investing Activities $16.90M $9.800M
YoY Change 72.45% -380.0%
Cash From Investing Activities -$4.955M -$6.331M
YoY Change -21.73% -70.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $37.94M $32.77M
YoY Change 15.77% -7.76%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$337.4M -$61.57M
YoY Change 447.98% -59.02%
NET CHANGE
Cash From Operating Activities $166.0M $36.28M
Cash From Investing Activities -$4.955M -$6.331M
Cash From Financing Activities -$337.4M -$61.57M
Net Change In Cash -$176.3M -$31.62M
YoY Change 457.73% 221.21%
FREE CASH FLOW
Cash From Operating Activities $166.0M $36.28M
Capital Expenditures $21.85M $16.10M
Free Cash Flow $144.2M $20.19M
YoY Change 614.11% -85.97%

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GANNETT CO INC /DE/
CY2014Q1 dei Trading Symbol
TradingSymbol
GCI

Files In Submission

Name View Source Status
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