2024 Q4 Form 10-Q Financial Statement

#000120626424000168 Filed on November 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2023 Q3
Revenue $1.300B $1.277B
YoY Change 1.79% -0.48%
Cost Of Revenue $710.1M $703.4M
YoY Change 0.95% -5.23%
Gross Profit $589.9M $573.7M
YoY Change 2.82% 6.02%
Gross Profit Margin 45.38% 44.92%
Selling, General & Admin $390.6M $395.1M
YoY Change -1.14% 14.52%
% of Gross Profit 66.21% 68.87%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $50.80M $44.90M
YoY Change 13.14% 40.31%
% of Gross Profit 8.61% 7.83%
Operating Expenses $390.6M $395.1M
YoY Change -1.14% 14.52%
Operating Profit $201.8M $183.2M
YoY Change 10.15% -6.58%
Interest Expense -$28.30M $32.60M
YoY Change -186.81% -248.86%
% of Operating Profit -14.02% 17.79%
Other Income/Expense, Net -$31.20M -$32.50M
YoY Change -4.0% -3711.11%
Pretax Income $170.6M $150.7M
YoY Change 13.21% -13.93%
Income Tax $40.80M $36.80M
% Of Pretax Income 23.92% 24.42%
Net Earnings $130.0M $113.3M
YoY Change 14.74% -14.62%
Net Earnings / Revenue 10.0% 8.87%
Basic Earnings Per Share $0.75 $0.66
Diluted Earnings Per Share $0.73 $0.64
COMMON SHARES
Basic Shares Outstanding 173.7M shares 173.6M shares 172.2M shares
Diluted Shares Outstanding 178.2M shares 177.6M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $104.2M $91.60M
YoY Change 13.76% -2.66%
Cash & Equivalents $104.2M $91.60M
Short-Term Investments
Other Short-Term Assets $87.30M $144.8M
YoY Change -39.71% 52.26%
Inventory $496.2M $485.5M
Prepaid Expenses
Receivables $467.6M $525.8M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.155B $1.248B
YoY Change -7.41% -2.25%
LONG-TERM ASSETS
Property, Plant & Equipment $1.461B $1.435B
YoY Change 1.85% 17.88%
Goodwill $1.097B $1.065B
YoY Change 3.05% 3.15%
Intangibles $714.6M $709.4M
YoY Change 0.73% 0.07%
Long-Term Investments
YoY Change
Other Assets $125.2M $76.60M
YoY Change 63.45% -34.42%
Total Long-Term Assets $3.413B $3.298B
YoY Change 3.47% 7.25%
TOTAL ASSETS
Total Short-Term Assets $1.155B $1.248B
Total Long-Term Assets $3.413B $3.298B
Total Assets $4.568B $4.546B
YoY Change 0.48% 4.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $346.8M $361.7M
YoY Change -4.12% -17.83%
Accrued Expenses $466.8M $502.9M
YoY Change -7.18% -7.86%
Deferred Revenue $72.10M $64.10M
YoY Change 12.48% 1.26%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $46.40M $70.00M
YoY Change -33.71% -2.51%
Total Short-Term Liabilities $1.012B $1.059B
YoY Change -4.45% -1.76%
LONG-TERM LIABILITIES
Long-Term Debt $2.227B $2.539B
YoY Change -12.27% -7.06%
Other Long-Term Liabilities $78.30M $81.10M
YoY Change -3.45% -85.85%
Total Long-Term Liabilities $78.30M $81.10M
YoY Change -3.45% -97.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.012B $1.059B
Total Long-Term Liabilities $78.30M $81.10M
Total Liabilities $3.995B $4.322B
YoY Change -7.58% -4.04%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $564.5M $214.1M
YoY Change
Total Liabilities & Shareholders Equity $4.568B $4.546B
YoY Change 0.48% 4.47%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2023 Q3
OPERATING ACTIVITIES
Net Income $130.0M $113.3M
YoY Change 14.74% -14.62%
Depreciation, Depletion And Amortization $50.80M $44.90M
YoY Change 13.14% 40.31%
Cash From Operating Activities $256.6M $228.7M
YoY Change 12.2% 5.78%
INVESTING ACTIVITIES
Capital Expenditures $16.40M $40.60M
YoY Change -59.61% -147.32%
Acquisitions
YoY Change
Other Investing Activities $200.0K $100.0K
YoY Change 100.0% -101.01%
Cash From Investing Activities -$16.20M -$40.50M
YoY Change -60.0% -57.68%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -240.7M -191.8M
YoY Change 25.5% 54.8%
NET CHANGE
Cash From Operating Activities 256.6M 228.7M
Cash From Investing Activities -16.20M -40.50M
Cash From Financing Activities -240.7M -191.8M
Net Change In Cash -300.0K -3.600M
YoY Change -91.67% 5.88%
FREE CASH FLOW
Cash From Operating Activities $256.6M $228.7M
Capital Expenditures $16.40M $40.60M
Free Cash Flow $240.2M $188.1M
YoY Change 27.7% -37.72%

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dei Document Fiscal Year Focus
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dei Document Type
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11700000 usd
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214100000 usd
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10000000.0 usd
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us-gaap Net Income Loss
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us-gaap Temporary Equity Net Income
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700000 usd
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2000000.0 usd
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300000 usd
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us-gaap Common Stock Dividends Per Share Declared
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us-gaap Stock Issued During Period Value Stock Options Exercised
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27300000 usd
CY2024Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
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CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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564500000 usd
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9800000 usd
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us-gaap Net Income Loss
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us-gaap Temporary Equity Net Income
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2200000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Common Stock Dividends Per Share Declared
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us-gaap Dividends Common Stock
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us-gaap Stock Issued During Period Value Stock Options Exercised
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us-gaap Net Cash Provided By Used In Operating Activities
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135500000 usd
us-gaap Segment Expenditure Addition To Long Lived Assets
SegmentExpenditureAdditionToLongLivedAssets
153300000 usd
CY2024Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
843800000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
878300000 usd
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
617600000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
636500000 usd
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false

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0001206264-24-000168.txt Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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