2016 Q1 Form 10-Q Financial Statement

#000007420816000175 Filed on April 26, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $234.8M $219.8M
YoY Change 6.85% 10.96%
Cost Of Revenue $74.20M $69.20M
YoY Change 7.23% 2.52%
Gross Profit $160.6M $150.6M
YoY Change 6.64% 15.4%
Gross Profit Margin 68.39% 68.53%
Selling, General & Admin $13.80M $12.20M
YoY Change 13.11% 1.67%
% of Gross Profit 8.59% 8.1%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $106.9M $90.40M
YoY Change 18.24% 0.88%
% of Gross Profit 66.56% 60.03%
Operating Expenses $122.5M $104.3M
YoY Change 17.45% 0.77%
Operating Profit $38.13M $45.27M
YoY Change -15.79% 70.78%
Interest Expense $31.10M $28.80M
YoY Change 8.0% -187.58%
% of Operating Profit 81.58% 63.61%
Other Income/Expense, Net $431.0K $360.0K
YoY Change 19.72%
Pretax Income $8.131M $75.99M
YoY Change -89.3% -991.51%
Income Tax $403.0K $425.0K
% Of Pretax Income 4.96% 0.56%
Net Earnings $10.39M $73.82M
YoY Change -85.92% 302.06%
Net Earnings / Revenue 4.43% 33.59%
Basic Earnings Per Share $0.04 $0.28
Diluted Earnings Per Share $0.04 $0.28
COMMON SHARES
Basic Shares Outstanding 262.5M shares 256.8M shares
Diluted Shares Outstanding 264.3M shares 258.7M shares

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.700M $6.300M
YoY Change -41.27% -60.38%
Cash & Equivalents $3.668M $6.274M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $3.700M $6.300M
YoY Change -41.27% -60.38%
LONG-TERM ASSETS
Property, Plant & Equipment $6.485B $5.932B
YoY Change 9.34% -1.72%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $944.9M $763.5M
YoY Change 23.75% 47.42%
Other Assets $21.00M $44.90M
YoY Change -53.23% -7.61%
Total Long-Term Assets $7.598B $6.852B
YoY Change 10.88% 0.5%
TOTAL ASSETS
Total Short-Term Assets $3.700M $6.300M
Total Long-Term Assets $7.598B $6.852B
Total Assets $7.602B $6.859B
YoY Change 10.83% 0.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $75.40M $46.70M
YoY Change 61.46% -35.32%
Accrued Expenses $28.60M $23.50M
YoY Change 21.7% -15.16%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $243.1M $201.8M
YoY Change 20.47% -7.98%
LONG-TERM LIABILITIES
Long-Term Debt $3.412B $3.517B
YoY Change -2.98% -3.07%
Other Long-Term Liabilities $2.300M $17.10M
YoY Change -86.55% 350.0%
Total Long-Term Liabilities $3.414B $3.534B
YoY Change -3.39% -2.7%
TOTAL LIABILITIES
Total Short-Term Liabilities $243.1M $201.8M
Total Long-Term Liabilities $3.414B $3.534B
Total Liabilities $3.657B $3.736B
YoY Change -2.1% -3.01%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $2.671M $2.590M
YoY Change 3.13% 3.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.973B $2.810B
YoY Change
Total Liabilities & Shareholders Equity $7.602B $6.859B
YoY Change 10.83% 0.36%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income $10.39M $73.82M
YoY Change -85.92% 302.06%
Depreciation, Depletion And Amortization $106.9M $90.40M
YoY Change 18.24% 0.88%
Cash From Operating Activities $112.8M $96.02M
YoY Change 17.48% 16.36%
INVESTING ACTIVITIES
Capital Expenditures -$61.60M -$64.40M
YoY Change -4.35% -61.96%
Acquisitions
YoY Change
Other Investing Activities $16.40M $14.90M
YoY Change 10.07% -54.29%
Cash From Investing Activities -$45.20M -$49.54M
YoY Change -8.76% -63.76%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $173.3M $108.8M
YoY Change 59.3%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -70.60M -$55.43M
YoY Change 27.37% -239.17%
NET CHANGE
Cash From Operating Activities 112.8M $96.02M
Cash From Investing Activities -45.20M -$49.54M
Cash From Financing Activities -70.60M -$55.43M
Net Change In Cash -3.000M -$8.950M
YoY Change -66.48% -37.67%
FREE CASH FLOW
Cash From Operating Activities $112.8M $96.02M
Capital Expenditures -$61.60M -$64.40M
Free Cash Flow $174.4M $160.4M
YoY Change 8.72% -36.3%

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256834000 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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262456000 shares

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