2013 Q4 Form 10-Q Financial Statement

#000110465913080613 Filed on November 04, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue $1.099B $1.030B $1.099B
YoY Change -1.34% -6.28% -5.74%
Cost Of Revenue $959.6M $909.5M $983.9M
YoY Change -2.84% -7.56% -5.94%
Gross Profit $139.7M $120.9M $115.5M
YoY Change 10.51% 4.67% -4.1%
Gross Profit Margin 12.71% 11.73% 10.5%
Selling, General & Admin $69.60M $62.80M $60.80M
YoY Change 5.94% 3.29% 4.29%
% of Gross Profit 49.81% 51.96% 52.66%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $17.60M $14.20M $14.60M
YoY Change 18.92% -2.74% 15.87%
% of Gross Profit 12.6% 11.75% 12.64%
Operating Expenses $69.50M $62.80M $60.80M
YoY Change 5.62% 3.29% 4.29%
Operating Profit $70.18M $58.09M $54.68M
YoY Change 15.56% 6.25% -11.95%
Interest Expense -$11.60M $11.57M $11.04M
YoY Change 0.87% 4.82% -195.16%
% of Operating Profit -16.53% 19.92% 20.19%
Other Income/Expense, Net -$5.000M -$9.488M $545.0K
YoY Change 316.67% -1840.92% -90.76%
Pretax Income $53.51M $37.04M $44.18M
YoY Change 11.25% -16.18% -21.52%
Income Tax $20.20M $13.28M $1.591M
% Of Pretax Income 37.75% 35.85% 3.6%
Net Earnings $33.26M $23.76M $42.59M
YoY Change -20.12% -44.22% 19.97%
Net Earnings / Revenue 3.03% 2.31% 3.87%
Basic Earnings Per Share $0.69 $0.50 $0.90
Diluted Earnings Per Share $0.68 $0.49 $0.88
COMMON SHARES
Basic Shares Outstanding 48.12M shares 47.96M shares 47.56M shares
Diluted Shares Outstanding 48.63M shares 48.22M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $119.9M $127.9M $180.8M
YoY Change -28.67% -29.26% -33.85%
Cash & Equivalents $119.9M $127.9M $180.8M
Short-Term Investments
Other Short-Term Assets $50.67M $48.36M $118.0M
YoY Change -32.79% -59.02% -20.32%
Inventory
Prepaid Expenses
Receivables $1.865B $1.936B $1.661B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.086B $2.170B $1.960B
YoY Change 5.25% 10.68% -7.02%
LONG-TERM ASSETS
Property, Plant & Equipment $498.1M $493.3M $488.1M
YoY Change 2.69% 1.07% 3.3%
Goodwill $577.8M $571.9M
YoY Change -45.79%
Intangibles $113.7M $117.0M
YoY Change -10.31%
Long-Term Investments $46.30M $46.30M $46.30M
YoY Change 0.0% 0.0% -31.0%
Other Assets $75.61M $80.76M $40.10M
YoY Change -11.79% 101.39% 87.38%
Total Long-Term Assets $1.312B $1.309B $1.275B
YoY Change -0.23% 2.67% -22.5%
TOTAL ASSETS
Total Short-Term Assets $2.086B $2.170B $1.960B
Total Long-Term Assets $1.312B $1.309B $1.275B
Total Assets $3.397B $3.479B $3.236B
YoY Change 3.06% 7.52% -13.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $758.2M $797.1M $750.7M
YoY Change 8.87% 6.18% -2.1%
Accrued Expenses $158.0M $161.6M $161.5M
YoY Change -6.12% 0.09% -20.87%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $114.7M $107.8M $63.80M
YoY Change 69.34% 69.0% -13.55%
Total Short-Term Liabilities $1.298B $1.349B $1.322B
YoY Change 5.2% 2.07% -7.34%
LONG-TERM LIABILITIES
Long-Term Debt $619.2M $669.7M $636.9M
YoY Change -7.49% 5.15% -16.09%
Other Long-Term Liabilities $117.9M $146.5M $116.6M
YoY Change -15.21% 25.63% 25.38%
Total Long-Term Liabilities $737.1M $816.2M $753.5M
YoY Change -8.82% 8.32% -11.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.298B $1.349B $1.322B
Total Long-Term Liabilities $737.1M $816.2M $753.5M
Total Liabilities $2.150B $2.275B $2.135B
YoY Change -0.12% 6.57% -10.02%
SHAREHOLDERS EQUITY
Retained Earnings $224.6M $191.3M
YoY Change 63.59%
Common Stock $1.056B $1.057B
YoY Change 0.59%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.248B $1.204B $1.101B
YoY Change
Total Liabilities & Shareholders Equity $3.397B $3.479B $3.236B
YoY Change 3.06% 7.52% -13.81%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $33.26M $23.76M $42.59M
YoY Change -20.12% -44.22% 19.97%
Depreciation, Depletion And Amortization $17.60M $14.20M $14.60M
YoY Change 18.92% -2.74% 15.87%
Cash From Operating Activities $61.80M $27.50M $4.000M
YoY Change -254.5% 587.5% -110.96%
INVESTING ACTIVITIES
Capital Expenditures -$2.600M -$11.70M -$11.90M
YoY Change -66.23% -1.68% -32.0%
Acquisitions
YoY Change
Other Investing Activities $5.000M -$300.0K $2.100M
YoY Change -114.29% -101.21%
Cash From Investing Activities $2.400M -$11.90M -$9.800M
YoY Change -131.17% 21.43% -94.87%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -72.20M -30.40M 1.200M
YoY Change -306.88% -2633.33% -98.5%
NET CHANGE
Cash From Operating Activities 61.80M 27.50M 4.000M
Cash From Investing Activities 2.400M -11.90M -9.800M
Cash From Financing Activities -72.20M -30.40M 1.200M
Net Change In Cash -8.000M -14.80M -4.600M
YoY Change -37.5% 221.74% -96.88%
FREE CASH FLOW
Cash From Operating Activities $61.80M $27.50M $4.000M
Capital Expenditures -$2.600M -$11.70M -$11.90M
Free Cash Flow $64.40M $39.20M $15.90M
YoY Change -299.38% 146.54% -183.68%

Facts In Submission

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