2017 Q1 Form 10-Q Financial Statement

#000155203317000027 Filed on April 26, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $455.0M $405.7M
YoY Change 12.15% 14.9%
Cost Of Revenue $151.2M $149.1M
YoY Change 1.41% 18.71%
Gross Profit $303.8M $256.6M
YoY Change 18.39% 12.79%
Gross Profit Margin 66.77% 63.25%
Selling, General & Admin $144.7M $132.2M
YoY Change 9.46% 8.45%
% of Gross Profit 47.63% 51.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $58.00M $72.50M
YoY Change -20.0% 4.92%
% of Gross Profit 19.09% 28.25%
Operating Expenses $353.9M $353.8M
YoY Change 0.03% 11.75%
Operating Profit $101.1M $51.90M
YoY Change 94.8% 42.19%
Interest Expense $21.50M $20.40M
YoY Change 5.39% -54.46%
% of Operating Profit 21.27% 39.31%
Other Income/Expense, Net -$25.10M -$25.30M
YoY Change -0.79% -42.37%
Pretax Income $76.00M $26.60M
YoY Change 185.71% -459.46%
Income Tax $11.50M $12.00M
% Of Pretax Income 15.13% 45.11%
Net Earnings $62.30M $12.60M
YoY Change 394.44% -290.91%
Net Earnings / Revenue 13.69% 3.11%
Basic Earnings Per Share $0.34 $0.07
Diluted Earnings Per Share $0.33 $0.07
COMMON SHARES
Basic Shares Outstanding 182.7M shares 182.4M shares
Diluted Shares Outstanding 190.3M shares 184.0M shares

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $155.1M $172.1M
YoY Change -9.88% 97.82%
Cash & Equivalents $131.2M $150.3M
Short-Term Investments $23.90M $21.80M
Other Short-Term Assets $92.60M $80.30M
YoY Change 15.32% -38.04%
Inventory
Prepaid Expenses $40.30M $47.20M
Receivables $289.9M $263.2M
Other Receivables $6.300M $600.0K
Total Short-Term Assets $513.7M $493.8M
YoY Change 4.03% 15.29%
LONG-TERM ASSETS
Property, Plant & Equipment $192.0M $201.3M
YoY Change -4.62% 14.31%
Goodwill $2.203B $2.106B
YoY Change 4.61% 4.82%
Intangibles $1.738B $1.846B
YoY Change -5.88% -2.41%
Long-Term Investments $44.60M $63.40M
YoY Change -29.65%
Other Assets $107.3M $82.30M
YoY Change 30.38% -24.5%
Total Long-Term Assets $4.240B $4.236B
YoY Change 0.1% 1.19%
TOTAL ASSETS
Total Short-Term Assets $513.7M $493.8M
Total Long-Term Assets $4.240B $4.236B
Total Assets $4.754B $4.730B
YoY Change 0.51% 2.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $115.4M $111.0M
YoY Change 3.96% 7.98%
Accrued Expenses $17.10M $25.90M
YoY Change -33.98%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $92.70M $48.00M
YoY Change 93.13% -57.45%
Total Short-Term Liabilities $381.5M $281.4M
YoY Change 35.57% -14.98%
LONG-TERM LIABILITIES
Long-Term Debt $2.309B $2.310B
YoY Change -0.01% -19.35%
Other Long-Term Liabilities $26.00M $51.80M
YoY Change -49.81% 115.83%
Total Long-Term Liabilities $2.335B $2.361B
YoY Change -1.1% -18.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $381.5M $281.4M
Total Long-Term Liabilities $2.335B $2.361B
Total Liabilities $3.289B $3.275B
YoY Change 0.41% -15.63%
SHAREHOLDERS EQUITY
Retained Earnings -$241.5M -$411.7M
YoY Change -41.34% -5.75%
Common Stock $1.824B $1.841B
YoY Change -0.97% 61.19%
Preferred Stock
YoY Change
Treasury Stock (at cost) $73.50M $4.600M
YoY Change 1497.83% 6.98%
Treasury Stock Shares 2.600M shares 700.0K shares
Shareholders Equity $1.368B $1.240B
YoY Change
Total Liabilities & Shareholders Equity $4.754B $4.730B
YoY Change 0.51% 2.5%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $62.30M $12.60M
YoY Change 394.44% -290.91%
Depreciation, Depletion And Amortization $58.00M $72.50M
YoY Change -20.0% 4.92%
Cash From Operating Activities $65.30M $41.70M
YoY Change 56.59% 152.73%
INVESTING ACTIVITIES
Capital Expenditures $26.00M $30.90M
YoY Change -15.86% 2.66%
Acquisitions
YoY Change
Other Investing Activities -$50.20M -$130.1M
YoY Change -61.41% 2610.42%
Cash From Investing Activities -$76.20M -$161.0M
YoY Change -52.67% 361.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $58.20M -$900.0K
YoY Change -6566.67% -212.5%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$41.40M $135.9M
YoY Change -130.46% 367.01%
NET CHANGE
Cash From Operating Activities $65.30M $41.70M
Cash From Investing Activities -$76.20M -$161.0M
Cash From Financing Activities -$41.40M $135.9M
Net Change In Cash -$52.30M $16.60M
YoY Change -415.06% 55.14%
FREE CASH FLOW
Cash From Operating Activities $65.30M $41.70M
Capital Expenditures $26.00M $30.90M
Free Cash Flow $39.30M $10.80M
YoY Change 263.89% -179.41%

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0 USD
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CY2016Q1 us-gaap Payments To Acquire Trading Securities Heldforinvestment
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CY2016Q1 us-gaap Repayments Of Debt
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182400000 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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182700000 shares

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