2017 Q2 Form 10-Q Financial Statement

#000111316917000040 Filed on July 25, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $1.186B $1.045B
YoY Change 13.53% -2.58%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $644.0M $462.3M
YoY Change 39.3% 1.92%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $36.30M $33.80M
YoY Change 7.4% 4.97%
% of Gross Profit
Operating Expenses $678.4M $761.2M
YoY Change -10.88% 34.82%
Operating Profit $507.6M $283.5M
YoY Change 79.05% -44.17%
Interest Expense $110.8M $41.70M
YoY Change 165.71% 30.72%
% of Operating Profit 21.83% 14.71%
Other Income/Expense, Net $112.0M $41.50M
YoY Change 169.88% 25.76%
Pretax Income $619.6M $325.0M
YoY Change 90.65% -39.9%
Income Tax $229.6M $113.8M
% Of Pretax Income 37.06% 35.02%
Net Earnings $373.9M $203.3M
YoY Change 83.92% -38.99%
Net Earnings / Revenue 31.53% 19.46%
Basic Earnings Per Share $1.52 $0.81
Diluted Earnings Per Share $1.50 $0.79
COMMON SHARES
Basic Shares Outstanding 239.8M shares 246.9M shares
Diluted Shares Outstanding 243.0M shares 252.6M shares

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.542B $1.275B
YoY Change 20.94% 0.47%
Cash & Equivalents $1.542B $1.383B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $489.0M $427.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.031B $1.702B
YoY Change 19.33% -0.93%
LONG-TERM ASSETS
Property, Plant & Equipment $624.3M $621.0M
YoY Change 0.53% 2.26%
Goodwill $665.7M
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.938B $3.265B
YoY Change -10.02% 43.77%
Other Assets
YoY Change
Total Long-Term Assets $4.502B $4.880B
YoY Change -7.75% 31.97%
TOTAL ASSETS
Total Short-Term Assets $2.031B $1.702B
Total Long-Term Assets $4.502B $4.880B
Total Assets $6.533B $6.582B
YoY Change -0.75% 21.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $186.0M $181.0M
YoY Change 2.76% 7.1%
Accrued Expenses $306.0M $343.0M
YoY Change -10.79% 27.99%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $508.0M $533.0M
YoY Change -4.69% 18.71%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $228.0M $78.00M
YoY Change 192.31%
Total Long-Term Liabilities $228.0M $78.00M
YoY Change 192.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $508.0M $533.0M
Total Long-Term Liabilities $228.0M $78.00M
Total Liabilities $736.4M $610.4M
YoY Change 20.64% 36.13%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $702.6M $753.4M
YoY Change -6.74% 7.72%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.169B $4.861B
YoY Change
Total Liabilities & Shareholders Equity $6.533B $6.582B
YoY Change -0.75% 21.53%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income $373.9M $203.3M
YoY Change 83.92% -38.99%
Depreciation, Depletion And Amortization $36.30M $33.80M
YoY Change 7.4% 4.97%
Cash From Operating Activities -$49.30M -$86.70M
YoY Change -43.14% -125.28%
INVESTING ACTIVITIES
Capital Expenditures -$35.70M -$44.00M
YoY Change -18.86% 13.99%
Acquisitions
YoY Change
Other Investing Activities $143.9M -$1.800M
YoY Change -8094.44% -104.64%
Cash From Investing Activities $108.2M -$45.80M
YoY Change -336.24% -23000.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -81.20M 134.6M
YoY Change -160.33% -115.22%
NET CHANGE
Cash From Operating Activities -49.30M -86.70M
Cash From Investing Activities 108.2M -45.80M
Cash From Financing Activities -81.20M 134.6M
Net Change In Cash -22.30M 2.100M
YoY Change -1161.9% -100.39%
FREE CASH FLOW
Cash From Operating Activities -$49.30M -$86.70M
Capital Expenditures -$35.70M -$44.00M
Free Cash Flow -$13.60M -$42.70M
YoY Change -68.15% -111.19%

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