2019 Q1 Form 10-Q Financial Statement

#000083164119000045 Filed on May 03, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q2
Revenue $722.6M $700.3M
YoY Change 5.5%
Cost Of Revenue $488.9M $441.4M
YoY Change 2.41%
Gross Profit $96.47M $91.43M
YoY Change 12.87%
Gross Profit Margin 13.35% 13.06%
Selling, General & Admin $48.90M $46.80M
YoY Change 3.54%
% of Gross Profit 50.69% 51.19%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.200M $5.100M
YoY Change -12.07%
% of Gross Profit 4.35% 5.58%
Operating Expenses $48.90M $48.70M
YoY Change 28.16%
Operating Profit $47.55M $42.72M
YoY Change -0.56%
Interest Expense -$3.200M -$4.100M
YoY Change 32.26%
% of Operating Profit -6.73% -9.6%
Other Income/Expense, Net
YoY Change
Pretax Income $44.38M $38.62M
YoY Change -3.09%
Income Tax -$11.56M $9.877M
% Of Pretax Income -26.05% 25.57%
Net Earnings $55.94M $28.75M
YoY Change 7.0%
Net Earnings / Revenue 7.74% 4.11%
Basic Earnings Per Share $1.01 $0.51
Diluted Earnings Per Share $1.00 $0.51
COMMON SHARES
Basic Shares Outstanding 55.14M shares 55.84M shares
Diluted Shares Outstanding 55.99M shares 56.67M shares

Balance Sheet

Concept 2019 Q1 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $130.7M $203.2M
YoY Change 18.62%
Cash & Equivalents $130.7M $203.2M
Short-Term Investments
Other Short-Term Assets $72.00M $65.10M
YoY Change 29.94%
Inventory
Prepaid Expenses
Receivables $629.6M $863.2M
Other Receivables $8.200M $40.40M
Total Short-Term Assets $998.4M $1.150B
YoY Change 21.93%
LONG-TERM ASSETS
Property, Plant & Equipment $41.66M $55.50M
YoY Change -9.47%
Goodwill $827.7M $809.7M
YoY Change
Intangibles $11.70M $20.85M
YoY Change
Long-Term Investments $3.536M $3.167M
YoY Change 43.95%
Other Assets $38.29M $35.10M
YoY Change 7.35%
Total Long-Term Assets $953.4M $932.9M
YoY Change 9.07%
TOTAL ASSETS
Total Short-Term Assets $998.4M $1.150B
Total Long-Term Assets $953.4M $932.9M
Total Assets $1.952B $2.083B
YoY Change 15.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $135.4M $155.3M
YoY Change 8.19%
Accrued Expenses $156.1M $140.4M
YoY Change 19.9%
Deferred Revenue $154.6M
YoY Change
Short-Term Debt $24.70M $0.00
YoY Change
Long-Term Debt Due $12.60M $15.50M
YoY Change -16.67%
Total Short-Term Liabilities $624.4M $560.0M
YoY Change 20.35%
LONG-TERM LIABILITIES
Long-Term Debt $231.3M $463.5M
YoY Change 41.79%
Other Long-Term Liabilities $54.00M $54.83M
YoY Change -3.98%
Total Long-Term Liabilities $54.00M $54.83M
YoY Change -85.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $624.4M $560.0M
Total Long-Term Liabilities $54.00M $54.83M
Total Liabilities $678.4M $614.8M
YoY Change -31.36%
SHAREHOLDERS EQUITY
Retained Earnings $1.027B $896.1M
YoY Change
Common Stock $111.8M $161.9M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $990.4M $940.0M
YoY Change
Total Liabilities & Shareholders Equity $1.952B $2.083B
YoY Change 15.81%

Cashflow Statement

Concept 2019 Q1 2018 Q2
OPERATING ACTIVITIES
Net Income $55.94M $28.75M
YoY Change 7.0%
Depreciation, Depletion And Amortization $4.200M $5.100M
YoY Change -12.07%
Cash From Operating Activities $114.5M $81.30M
YoY Change -25.48%
INVESTING ACTIVITIES
Capital Expenditures -$3.300M -$2.500M
YoY Change 31.58%
Acquisitions
YoY Change
Other Investing Activities $3.700M -$45.20M
YoY Change 472.15%
Cash From Investing Activities $300.0K -$47.70M
YoY Change 386.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -51.70M -2.200M
YoY Change -96.06%
NET CHANGE
Cash From Operating Activities 114.5M 81.30M
Cash From Investing Activities 300.0K -47.70M
Cash From Financing Activities -51.70M -2.200M
Net Change In Cash 63.10M 31.40M
YoY Change -27.82%
FREE CASH FLOW
Cash From Operating Activities $114.5M $81.30M
Capital Expenditures -$3.300M -$2.500M
Free Cash Flow $117.8M $83.80M
YoY Change -24.5%

Facts In Submission

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