2022 Q1 Form 10-Q Financial Statement

#000188066122000013 Filed on May 12, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q4 2021 Q1
Revenue $1.111B $1.099B $1.205B
YoY Change -7.8% -29.95% -201.91%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $927.7M $282.7M $186.4M
YoY Change 397.69% 56.04% -26.93%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.699M $16.33M $1.364M
YoY Change 537.76% 694.46%
% of Gross Profit
Operating Expenses $942.5M $294.9M $194.6M
YoY Change 384.23% 57.79% -23.97%
Operating Profit
YoY Change
Interest Expense -$1.651M $32.67M
YoY Change -113.95%
% of Operating Profit
Other Income/Expense, Net $9.630M
YoY Change
Pretax Income $177.8M $836.7M $1.164B
YoY Change -84.73% -27.1% -180.97%
Income Tax $15.00M $2.948M $3.128M
% Of Pretax Income 8.44% 0.35% 0.27%
Net Earnings $41.28M $347.8M $1.161B
YoY Change -96.45% -15.64% -290.38%
Net Earnings / Revenue 3.72% 31.65% 96.4%
Basic Earnings Per Share $0.52
Diluted Earnings Per Share $0.11 $1.133M $1.675M
COMMON SHARES
Basic Shares Outstanding 79.24M shares
Diluted Shares Outstanding 308.9M shares

Balance Sheet

Concept 2022 Q1 2021 Q4 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.464B $978.1M
YoY Change
Cash & Equivalents $1.455B $985.9M $729.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $1.672B $1.163B
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $157.5M
YoY Change
Goodwill $230.2M
YoY Change
Intangibles $164.6M
YoY Change
Long-Term Investments $6.347B $6.109B
YoY Change
Other Assets $1.013B $1.013B
YoY Change
Total Long-Term Assets $7.992B $7.799B
YoY Change
TOTAL ASSETS
Total Short-Term Assets $1.672B $1.163B
Total Long-Term Assets $7.992B $7.799B
Total Assets $9.664B $8.962B
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $186.8M $142.8M
YoY Change
Accrued Expenses $4.075B $177.0M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.506B $1.147B
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $444.0M $444.4M
YoY Change
Other Long-Term Liabilities $289.4M $109.3M
YoY Change
Total Long-Term Liabilities $733.4M $553.7M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $4.506B $1.147B
Total Long-Term Liabilities $733.4M $553.7M
Total Liabilities $5.239B $1.701B
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings $41.26M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.521B $2.607B
YoY Change
Total Liabilities & Shareholders Equity $9.664B $8.962B
YoY Change

Cashflow Statement

Concept 2022 Q1 2021 Q4 2021 Q1
OPERATING ACTIVITIES
Net Income $41.28M $347.8M $1.161B
YoY Change -96.45% -15.64% -290.38%
Depreciation, Depletion And Amortization $8.699M $16.33M $1.364M
YoY Change 537.76% 694.46%
Cash From Operating Activities $713.6M $417.3M $240.8M
YoY Change 196.36% -165.12%
INVESTING ACTIVITIES
Capital Expenditures -$1.252M -$177.0K
YoY Change -93.17%
Acquisitions
YoY Change
Other Investing Activities $616.0K -$57.16M
YoY Change 2699.41%
Cash From Investing Activities -$636.0K -$57.34M -$8.671M
YoY Change -92.67% 1137.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $49.76M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$231.1M -1.170B -$361.1M
YoY Change -36.01% -322.14%
NET CHANGE
Cash From Operating Activities $713.6M 417.3M $240.8M
Cash From Investing Activities -$636.0K -57.34M -$8.671M
Cash From Financing Activities -$231.1M -1.170B -$361.1M
Net Change In Cash $481.9M -810.5M -$129.0M
YoY Change -473.62% 583.61%
FREE CASH FLOW
Cash From Operating Activities $713.6M $417.3M $240.8M
Capital Expenditures -$1.252M -$177.0K
Free Cash Flow $714.9M $417.5M
YoY Change -165.41%

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CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
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CY2021Q1 us-gaap Operating Lease Payments
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3602000 USD
CY2022Q1 tpg Derecognition Of Right Of Use Asset And Lease Liability
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CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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CY2022Q1 tpg Lessee Operating Lease Liability To Be Paid After Year Four
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CY2020Q4 us-gaap Loss Contingency Loss In Period
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300000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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CY2022Q1 us-gaap Operating Lease Liability
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CY2022Q1 us-gaap Guarantee Obligations Maximum Exposure
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698200000 USD
CY2021Q4 us-gaap Guarantee Obligations Maximum Exposure
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715000000 USD
CY2022Q1 us-gaap Guarantee Obligations Maximum Exposure
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CY2022Q1 us-gaap Guarantee Obligations Current Carrying Value
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CY2021Q4 us-gaap Letters Of Credit Outstanding Amount
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700000 USD
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700000 USD
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207600000 USD
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58300000 USD
CY2022Q1 tpg Contractual Obligations Potential Clawback Before Tax
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1822100000 USD
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5256000 USD
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157099000 USD
CY2022Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
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4770000 USD
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CY2022Q1 tpg Net Income Loss Attributable To Nonredeemable Non Controlling Interest Adjustment To Net Income Available To Common Stockholders Basic
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CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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118904000 USD
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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41323000 USD
CY2022Q1 us-gaap Preferred Stock Dividends And Other Adjustments
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8095000 USD
CY2022Q1 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
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1093000 USD
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
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34321000 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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229652641 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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308892698 shares
CY2022Q1 us-gaap Earnings Per Share Basic
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0.52
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30694780 shares
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25000000 shares
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0.001

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