2014 Q4 Form 10-K Financial Statement
#000114036116055579 Filed on February 29, 2016
Income Statement
| Concept | 2014 Q4 | 2013 |
|---|---|---|
| Revenue | $2.033B | $6.315B |
| YoY Change | -3.4% | 11.2% |
| Cost Of Revenue | $1.635B | $5.137B |
| YoY Change | -6.55% | 9.95% |
| Gross Profit | $398.1M | $1.178B |
| YoY Change | 12.11% | 16.98% |
| Gross Profit Margin | 19.58% | 18.65% |
| Selling, General & Admin | $25.60M | $152.0M |
| YoY Change | -34.36% | 7.8% |
| % of Gross Profit | 6.43% | 12.9% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $97.90M | $271.9M |
| YoY Change | 33.74% | 37.6% |
| % of Gross Profit | 24.59% | 23.08% |
| Operating Expenses | $235.2M | $806.0M |
| YoY Change | 12.0% | 23.05% |
| Operating Profit | $163.1M | $372.0M |
| YoY Change | 12.41% | 5.68% |
| Interest Expense | -$36.40M | -$119.0M |
| YoY Change | 15.56% | 0.0% |
| % of Operating Profit | -22.32% | -31.99% |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $106.7M | $250.0M |
| YoY Change | -6.07% | 27.55% |
| Income Tax | $14.40M | $48.00M |
| % Of Pretax Income | 13.5% | 19.2% |
| Net Earnings | $25.50M | $65.00M |
| YoY Change | 24.39% | 71.05% |
| Net Earnings / Revenue | 1.25% | 1.03% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | $605.7K | $1.548M |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding | 42.10M |
Balance Sheet
| Concept | 2014 Q4 | 2013 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $81.00M | $67.00M |
| YoY Change | 20.9% | -11.84% |
| Cash & Equivalents | $81.00M | $67.00M |
| Short-Term Investments | ||
| Other Short-Term Assets | $65.00M | $21.00M |
| YoY Change | 209.52% | -51.16% |
| Inventory | $169.0M | $151.0M |
| Prepaid Expenses | ||
| Receivables | $567.0M | $659.0M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $883.0M | $897.0M |
| YoY Change | -1.56% | 22.37% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $4.825B | $4.350B |
| YoY Change | 10.92% | 22.95% |
| Goodwill | $0.00 | |
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $50.20M | $56.00M |
| YoY Change | -10.2% | 5.66% |
| Other Assets | $104.0M | $92.00M |
| YoY Change | 13.04% | -8.0% |
| Total Long-Term Assets | $5.541B | $5.152B |
| YoY Change | 7.54% | 17.84% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $883.0M | $897.0M |
| Total Long-Term Assets | $5.541B | $5.152B |
| Total Assets | $6.424B | $6.049B |
| YoY Change | 6.19% | 18.49% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $417.0M | $521.0M |
| YoY Change | -19.96% | 24.94% |
| Accrued Expenses | $83.00M | $76.00M |
| YoY Change | 9.21% | -5.0% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $183.0M | |
| YoY Change | ||
| Total Short-Term Liabilities | $827.0M | $770.0M |
| YoY Change | 7.4% | 12.08% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $2.885B | $2.989B |
| YoY Change | -3.49% | 20.77% |
| Other Long-Term Liabilities | $63.00M | $62.00M |
| YoY Change | 1.61% | 5.08% |
| Total Long-Term Liabilities | $2.948B | $3.051B |
| YoY Change | -1.38% | 20.4% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $827.0M | $770.0M |
| Total Long-Term Liabilities | $2.948B | $3.051B |
| Total Liabilities | $6.284B | $5.900B |
| YoY Change | 6.51% | 18.93% |
| 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 | $170.0M | $149.0M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $6.454B | $6.049B |
| YoY Change | 6.7% | 18.49% |
Cashflow Statement
| Concept | 2014 Q4 | 2013 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $25.50M | $65.00M |
| YoY Change | 24.39% | 71.05% |
| Depreciation, Depletion And Amortization | $97.90M | $271.9M |
| YoY Change | 33.74% | 37.6% |
| Cash From Operating Activities | $242.7M | $382.7M |
| YoY Change | 129.61% | -10.63% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$190.5M | -$1.031B |
| YoY Change | -37.38% | 76.99% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $300.0K | $5.000M |
| YoY Change | -99.13% | -100.5% |
| Cash From Investing Activities | -$190.2M | -$1.026B |
| YoY Change | -29.5% | -35.48% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -50.30M | 634.0M |
| YoY Change | -134.19% | -41.99% |
| NET CHANGE | ||
| Cash From Operating Activities | 242.7M | 382.7M |
| Cash From Investing Activities | -190.2M | -1.026B |
| Cash From Financing Activities | -50.30M | 634.0M |
| Net Change In Cash | 2.200M | -9.600M |
| YoY Change | -112.94% | -86.19% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $242.7M | $382.7M |
| Capital Expenditures | -$190.5M | -$1.031B |
| Free Cash Flow | $433.2M | $1.414B |
| YoY Change | 5.68% | 39.88% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2015Q4 | us-gaap |
Assets
Assets
|
13253700000 | |
| CY2015Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
23300000 | |
| CY2014Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
3500000 | |
| CY2015Q4 | us-gaap |
Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
|
114300000 | |
| CY2014Q4 | us-gaap |
Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
|
115800000 | |
| CY2015Q4 | us-gaap |
Goodwill
Goodwill
|
417000000 | |
| CY2013 | us-gaap |
Interest Paid Net
InterestPaidNet
|
121700000 | |
| CY2014 | us-gaap |
Interest Paid Net
InterestPaidNet
|
133800000 | |
| CY2015 | us-gaap |
Interest Paid Net
InterestPaidNet
|
214100000 | |
| CY2014Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
163100000 | |
| CY2015Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-206900000 | |
| CY2014 | us-gaap |
Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
|
0 | |
| CY2015 | us-gaap |
Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
|
22600000 | |
| CY2013 | us-gaap |
Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
|
0 | |
| CY2015Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
745700000 | |
| CY2015 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
53600000 | |
| CY2014 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
42100000 | |
| CY2013 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
42100000 |
