2013 Q2 Form 10-Q Financial Statement

#000110465913062313 Filed on August 09, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q3
Revenue $614.8M $719.4M
YoY Change -1.52% 6.77%
Cost Of Revenue $469.4M $419.1M
YoY Change 20.7% 5.94%
Gross Profit $5.700M $97.70M
YoY Change -93.52% 15.08%
Gross Profit Margin 0.93% 13.58%
Selling, General & Admin $56.70M $51.50M
YoY Change 8.21% 13.19%
% of Gross Profit 994.74% 52.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.090M $6.077M
YoY Change 19.08% -57.2%
% of Gross Profit 141.93% 6.22%
Operating Expenses $49.00M $51.50M
YoY Change -6.49% 13.19%
Operating Profit -$99.88M $48.47M
YoY Change -381.02% 23.0%
Interest Expense $2.010M $1.419M
YoY Change 38.33% -183.47%
% of Operating Profit 2.93%
Other Income/Expense, Net
YoY Change
Pretax Income -$101.9M $44.84M
YoY Change -398.9% 18.94%
Income Tax -$23.78M $15.67M
% Of Pretax Income 34.95%
Net Earnings -$78.12M $29.17M
YoY Change -449.96% 22.55%
Net Earnings / Revenue -12.71% 4.05%
Basic Earnings Per Share -$1.21 $0.48
Diluted Earnings Per Share -$1.21 $0.47
COMMON SHARES
Basic Shares Outstanding 64.83M shares 63.62M shares
Diluted Shares Outstanding 64.83M shares 64.40M shares

Balance Sheet

Concept 2013 Q2 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $146.3M $140.7M
YoY Change 38.02% 42.99%
Cash & Equivalents $146.3M $104.8M
Short-Term Investments
Other Short-Term Assets $46.40M $49.10M
YoY Change -25.52% -7.36%
Inventory
Prepaid Expenses
Receivables $604.3M $700.5M
Other Receivables $53.60M $27.20M
Total Short-Term Assets $850.6M $859.3M
YoY Change 3.39% 3.54%
LONG-TERM ASSETS
Property, Plant & Equipment $87.38M $74.31M
YoY Change 20.69% -7.81%
Goodwill $710.3M $636.0M
YoY Change
Intangibles $94.75M $74.23M
YoY Change
Long-Term Investments $2.733M $3.279M
YoY Change -24.08% -3.56%
Other Assets $25.71M $23.94M
YoY Change 5.35% 8.33%
Total Long-Term Assets $920.9M $811.7M
YoY Change 22.23% 9.41%
TOTAL ASSETS
Total Short-Term Assets $850.6M $859.3M
Total Long-Term Assets $920.9M $811.7M
Total Assets $1.772B $1.671B
YoY Change 12.4% 6.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $133.1M $154.0M
YoY Change -5.88% -16.48%
Accrued Expenses $118.7M $122.4M
YoY Change 22.12% 1.58%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $4.000M $2.300M
YoY Change 81.82% -17.86%
Total Short-Term Liabilities $462.2M $503.8M
YoY Change -0.53% -1.49%
LONG-TERM LIABILITIES
Long-Term Debt $208.4M $140.5M
YoY Change 93.14% 24.67%
Other Long-Term Liabilities $29.06M $25.92M
YoY Change -18.6% -50.15%
Total Long-Term Liabilities $29.06M $25.92M
YoY Change -79.76% -84.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $462.2M $503.8M
Total Long-Term Liabilities $29.06M $25.92M
Total Liabilities $491.3M $529.7M
YoY Change -22.91% -26.21%
SHAREHOLDERS EQUITY
Retained Earnings $527.0M $554.3M
YoY Change
Common Stock $458.1M $433.6M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $976.1M $1.019B
YoY Change
Total Liabilities & Shareholders Equity $1.772B $1.671B
YoY Change 12.4% 6.31%

Cashflow Statement

Concept 2013 Q2 2012 Q3
OPERATING ACTIVITIES
Net Income -$78.12M $29.17M
YoY Change -449.96% 22.55%
Depreciation, Depletion And Amortization $8.090M $6.077M
YoY Change 19.08% -57.2%
Cash From Operating Activities $53.30M $56.80M
YoY Change 61.03% 1.79%
INVESTING ACTIVITIES
Capital Expenditures -$6.900M -$6.900M
YoY Change 102.94% 68.29%
Acquisitions
YoY Change
Other Investing Activities $200.0K -$49.80M
YoY Change -150.0% 173.63%
Cash From Investing Activities -$6.600M -$56.70M
YoY Change 73.68% 154.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -58.10M 35.50M
YoY Change 91.75% -234.47%
NET CHANGE
Cash From Operating Activities 53.30M 56.80M
Cash From Investing Activities -6.600M -56.70M
Cash From Financing Activities -58.10M 35.50M
Net Change In Cash -11.40M 35.60M
YoY Change 1040.0% 401.41%
FREE CASH FLOW
Cash From Operating Activities $53.30M $56.80M
Capital Expenditures -$6.900M -$6.900M
Free Cash Flow $60.20M $63.70M
YoY Change 64.93% 6.34%

Facts In Submission

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