$TRIP
TripAdvisor, Inc.

2018 Q3 Form 10-Q Financial Statement

#000156459018028010 Filed on November 07, 2018

View on sec.gov

Income Statement

Concept 2018 Q3
Revenue $458.0M
YoY Change 4.33%
Cost Of Revenue $23.00M
YoY Change 15.0%
Gross Profit $435.0M
YoY Change 3.82%
Gross Profit Margin 94.98%
Selling, General & Admin $318.0M
YoY Change -9.14%
% of Gross Profit 73.1%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.00M
YoY Change -28.57%
% of Gross Profit 4.6%
Operating Expenses $346.0M
YoY Change -8.22%
Operating Profit $89.00M
YoY Change 111.9%
Interest Expense $4.000M
YoY Change -200.0%
% of Operating Profit 4.49%
Other Income/Expense, Net -$2.000M
YoY Change
Pretax Income $87.00M
YoY Change 128.95%
Income Tax $18.00M
% Of Pretax Income 20.69%
Net Earnings $69.00M
YoY Change 176.0%
Net Earnings / Revenue 15.07%
Basic Earnings Per Share $0.50
Diluted Earnings Per Share $0.49
COMMON SHARES
Basic Shares Outstanding 137.6M
Diluted Shares Outstanding 140.5M

Balance Sheet

Concept 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $663.0M
YoY Change -13.11%
Cash & Equivalents $663.0M
Short-Term Investments $0.00
Other Short-Term Assets $26.00M
YoY Change 4.0%
Inventory
Prepaid Expenses
Receivables $227.0M
Other Receivables $0.00
Total Short-Term Assets $926.0M
YoY Change -11.13%
LONG-TERM ASSETS
Property, Plant & Equipment $256.0M
YoY Change -3.76%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $121.0M
YoY Change 72.86%
Total Long-Term Assets $1.266B
YoY Change -3.06%
TOTAL ASSETS
Total Short-Term Assets $926.0M
Total Long-Term Assets $1.266B
Total Assets $2.192B
YoY Change -6.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $226.0M
YoY Change 1406.67%
Accrued Expenses $154.0M
YoY Change 20.31%
Deferred Revenue $73.00M
YoY Change
Short-Term Debt $0.00
YoY Change -100.0%
Long-Term Debt Due $0.00
YoY Change -100.0%
Total Short-Term Liabilities $453.0M
YoY Change 7.35%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change -100.0%
Other Long-Term Liabilities $277.0M
YoY Change 21.49%
Total Long-Term Liabilities $277.0M
YoY Change 4.53%
TOTAL LIABILITIES
Total Short-Term Liabilities $453.0M
Total Long-Term Liabilities $277.0M
Total Liabilities $750.0M
YoY Change -19.44%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares $12.06M
Shareholders Equity $1.442B
YoY Change
Total Liabilities & Shareholders Equity $2.192B
YoY Change -6.64%

Cashflow Statement

Concept 2018 Q3
OPERATING ACTIVITIES
Net Income $69.00M
YoY Change 176.0%
Depreciation, Depletion And Amortization $20.00M
YoY Change -28.57%
Cash From Operating Activities $14.00M
YoY Change -110.37%
INVESTING ACTIVITIES
Capital Expenditures -$14.00M
YoY Change -6.67%
Acquisitions
YoY Change
Other Investing Activities $1.000M
YoY Change 0.0%
Cash From Investing Activities -$13.00M
YoY Change -7.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.000M
YoY Change -125.0%
NET CHANGE
Cash From Operating Activities 14.00M
Cash From Investing Activities -13.00M
Cash From Financing Activities -1.000M
Net Change In Cash 0.000
YoY Change -100.0%
FREE CASH FLOW
Cash From Operating Activities $14.00M
Capital Expenditures -$14.00M
Free Cash Flow $28.00M
YoY Change -123.33%

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We use foreign currency forward contracts to reduce the effects of foreign currency exchange rate fluctuations on our cash flows primarily for the Euro versus the U.S. Dollar. We do not use derivatives for trading or speculative purposes. Counterparties to foreign currency exchange derivatives consist of major international financial institutions. We monitor our positions and the credit ratings of the counterparties involved and, by policy limits, the amount of credit exposure to any one party. Our foreign currency forward contracts, which we have entered into to date, have not been designated as hedges and typically have had current maturities of less than 90 days.
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Files In Submission

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