2021 Q3 Form 10-Q Financial Statement

#000074683821000085 Filed on November 02, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2021 Q1 2020 Q3
Revenue $488.0M $509.8M $495.2M
YoY Change -1.45% -1.09% -10.31%
Cost Of Revenue $361.1M $370.6M $375.3M
YoY Change -3.78% -7.88% -8.93%
Gross Profit $126.9M $139.2M $119.9M
YoY Change 5.84% 23.08% -14.36%
Gross Profit Margin 26.0% 27.3% 24.21%
Selling, General & Admin $95.10M $90.00M $85.50M
YoY Change 11.23% 3.69% 0.94%
% of Gross Profit 74.94% 64.66% 71.31%
Research & Development $6.700M $5.600M $6.700M
YoY Change 0.0% -9.68% 13.56%
% of Gross Profit 5.28% 4.02% 5.59%
Depreciation & Amortization $43.30M $7.600M $36.80M
YoY Change 17.66% -7.32% -2.9%
% of Gross Profit 34.12% 5.46% 30.69%
Operating Expenses $101.8M $95.60M $92.20M
YoY Change 10.41% 2.8% 1.77%
Operating Profit $25.10M $43.60M $27.70M
YoY Change -9.39% 116.92% -43.93%
Interest Expense $8.500M $10.10M $2.400M
YoY Change 254.17% -27.34% -84.21%
% of Operating Profit 33.86% 23.17% 8.66%
Other Income/Expense, Net -$24.20M -$182.6M -$32.50M
YoY Change -25.54% 279.63% -33.94%
Pretax Income -$7.600M -$149.1M -$7.200M
YoY Change 5.56% 255.85% -52.0%
Income Tax $10.90M $8.400M $6.100M
% Of Pretax Income
Net Earnings -$18.70M -$157.8M -$12.90M
YoY Change 44.96% -115.54% -2.27%
Net Earnings / Revenue -3.83% -30.95% -2.61%
Basic Earnings Per Share -$0.28 -$2.45 -$0.20
Diluted Earnings Per Share -$0.28 -$2.45 -$0.20
COMMON SHARES
Basic Shares Outstanding 67.13M shares 64.42M shares 63.03M shares
Diluted Shares Outstanding 67.13M shares 64.42M shares 63.03M shares

Balance Sheet

Concept 2021 Q3 2021 Q1 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $615.4M $717.0M $774.0M
YoY Change -20.49% -9.24% 82.12%
Cash & Equivalents $615.4M $716.6M $774.0M
Short-Term Investments
Other Short-Term Assets $91.50M $99.00M $103.0M
YoY Change -11.17% -84.06% -16.26%
Inventory $11.20M $9.600M $14.50M
Prepaid Expenses
Receivables $407.3M $455.0M $411.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.125B $1.281B $1.303B
YoY Change -13.6% -32.0% 16.41%
LONG-TERM ASSETS
Property, Plant & Equipment $86.20M $106.9M $106.9M
YoY Change -19.36% -4.04% -12.66%
Goodwill $242.9M $108.6M $108.6M
YoY Change 123.66% 0.0% -38.37%
Intangibles $16.50M
YoY Change
Long-Term Investments
YoY Change
Other Assets $166.8M $198.5M $176.8M
YoY Change -5.66% 15.88% -15.61%
Total Long-Term Assets $1.196B $1.176B $1.105B
YoY Change 8.25% 8.07% -14.14%
TOTAL ASSETS
Total Short-Term Assets $1.125B $1.281B $1.303B
Total Long-Term Assets $1.196B $1.176B $1.105B
Total Assets $2.321B $2.457B $2.407B
YoY Change -3.57% -17.33% 0.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $119.7M $172.7M $183.4M
YoY Change -34.73% -14.12% -23.77%
Accrued Expenses $299.1M $289.0M $272.0M
YoY Change 9.96% -2.03% -24.44%
Deferred Revenue $224.2M $248.0M $197.4M
YoY Change 13.58% 10.62% -16.36%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $18.80M $20.00M $100.0M
YoY Change -81.2% -96.23% 669.23%
Total Short-Term Liabilities $661.8M $729.9M $753.2M
YoY Change -12.13% -44.32% -11.69%
LONG-TERM LIABILITIES
Long-Term Debt $514.1M $521.0M $48.00M
YoY Change 971.04% 1008.51% -91.49%
Other Long-Term Liabilities $50.20M $65.60M $70.70M
YoY Change -29.0% 61.18% 41.4%
Total Long-Term Liabilities $50.20M $65.60M $70.70M
YoY Change -29.0% 61.18% 41.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $661.8M $729.9M $753.2M
Total Long-Term Liabilities $50.20M $65.60M $70.70M
Total Liabilities $712.0M $795.5M $823.9M
YoY Change -13.58% -41.14% -8.75%
SHAREHOLDERS EQUITY
Retained Earnings -$1.278B -$1.118B -$787.4M
YoY Change 62.28% 60.7% -53.69%
Common Stock $4.704B $4.694B $4.654B
YoY Change 1.07% 0.98% 0.29%
Preferred Stock
YoY Change
Treasury Stock (at cost) $152.1M $151.9M $114.4M
YoY Change 32.95% 33.01% 4.38%
Treasury Stock Shares 5.300M shares 5.300M shares 3.800M shares
Shareholders Equity -$294.3M -$331.6M -$237.9M
YoY Change
Total Liabilities & Shareholders Equity $2.321B $2.457B $2.407B
YoY Change -3.57% -17.33% 0.07%

Cashflow Statement

Concept 2021 Q3 2021 Q1 2020 Q3
OPERATING ACTIVITIES
Net Income -$18.70M -$157.8M -$12.90M
YoY Change 44.96% -115.54% -2.27%
Depreciation, Depletion And Amortization $43.30M $7.600M $36.80M
YoY Change 17.66% -7.32% -2.9%
Cash From Operating Activities $65.50M -$42.90M $66.30M
YoY Change -1.21% -88.65% 274.58%
INVESTING ACTIVITIES
Capital Expenditures -$26.10M $5.100M -$32.00M
YoY Change -18.44% -8.93% 0.0%
Acquisitions $0.00
YoY Change
Other Investing Activities -$8.200M $400.0K $12.30M
YoY Change -166.67% -73.33% -243.02%
Cash From Investing Activities -$34.30M -$33.90M -$19.70M
YoY Change 74.11% -103.1% -51.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $91.60M
YoY Change 1401.64%
Cash From Financing Activities -2.900M -$94.80M -59.90M
YoY Change -95.16% -286.61% 18.85%
NET CHANGE
Cash From Operating Activities 65.50M -$42.90M 66.30M
Cash From Investing Activities -34.30M -$33.90M -19.70M
Cash From Financing Activities -2.900M -$94.80M -59.90M
Net Change In Cash 28.30M -$180.2M -13.30M
YoY Change -312.78% -124.49% -81.86%
FREE CASH FLOW
Cash From Operating Activities $65.50M -$42.90M $66.30M
Capital Expenditures -$26.10M $5.100M -$32.00M
Free Cash Flow $91.60M -$48.00M $98.30M
YoY Change -6.82% -87.48% 97.79%

Facts In Submission

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