2010 Q4 Form 10-K Financial Statement
#000119312511041209 Filed on February 22, 2011
Income Statement
| Concept | 2010 Q4 | 2009 Q4 | 2009 |
|---|---|---|---|
| Revenue | $1.045B | $1.159B | $4.386B |
| YoY Change | -9.84% | -9.45% | -11.49% |
| Cost Of Revenue | $733.5M | $818.5M | $3.273B |
| YoY Change | -10.38% | -21.43% | -15.4% |
| Gross Profit | $311.1M | $340.1M | $1.113B |
| YoY Change | -8.53% | 43.08% | 2.45% |
| Gross Profit Margin | 29.78% | 29.35% | 25.38% |
| Selling, General & Admin | $158.4M | $180.9M | $681.1M |
| YoY Change | -12.44% | -29.09% | -28.7% |
| % of Gross Profit | 50.92% | 53.19% | 61.19% |
| Research & Development | $18.10M | $25.10M | $101.9M |
| YoY Change | -27.89% | -17.43% | -21.01% |
| % of Gross Profit | 5.82% | 7.38% | 9.16% |
| Depreciation & Amortization | $60.60M | $96.60M | $352.5M |
| YoY Change | -37.27% | -20.56% | -15.67% |
| % of Gross Profit | 19.48% | 28.4% | 31.67% |
| Operating Expenses | $176.5M | $206.0M | $783.0M |
| YoY Change | -14.32% | -27.85% | -27.79% |
| Operating Profit | $134.6M | $134.1M | $330.0M |
| YoY Change | 0.37% | -380.54% | 15614.29% |
| Interest Expense | -$25.00M | -$26.80M | $95.20M |
| YoY Change | -6.72% | 28.85% | 11.87% |
| % of Operating Profit | -18.57% | -19.99% | 28.85% |
| Other Income/Expense, Net | -$6.400M | -$9.300M | -$16.60M |
| YoY Change | -31.18% | -20.51% | 13.7% |
| Pretax Income | $103.2M | $98.00M | $218.2M |
| YoY Change | 5.31% | -222.04% | -323.57% |
| Income Tax | $6.100M | -$12.60M | $42.30M |
| % Of Pretax Income | 5.91% | -12.86% | 19.39% |
| Net Earnings | $99.20M | $114.5M | $189.3M |
| YoY Change | -13.36% | -297.41% | -245.5% |
| Net Earnings / Revenue | 9.5% | 9.88% | 4.32% |
| Basic Earnings Per Share | $4.82 | ||
| Diluted Earnings Per Share | $2.291M | $2.644M | $4.75 |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2010 Q4 | 2009 Q4 | 2009 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $828.0M | $648.0M | $648.0M |
| YoY Change | 27.78% | 19.12% | 19.12% |
| Cash & Equivalents | $828.3M | $647.6M | $648.0M |
| Short-Term Investments | |||
| Other Short-Term Assets | $169.0M | $258.0M | $258.0M |
| YoY Change | -34.5% | 82.98% | 82.98% |
| Inventory | $89.00M | $101.0M | $101.0M |
| Prepaid Expenses | $139.2M | ||
| Receivables | $790.0M | $767.0M | $767.0M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $1.875B | $1.773B | $1.773B |
| YoY Change | 5.73% | 8.27% | 8.24% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $219.7M | $225.7M | $439.0M |
| YoY Change | -2.66% | -61.81% | -25.72% |
| Goodwill | $197.9M | $198.5M | |
| YoY Change | -0.3% | ||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $422.0M | $213.5M | $394.0M |
| YoY Change | 97.66% | 5.17% | 94.09% |
| Total Long-Term Assets | $1.146B | $1.184B | $1.184B |
| YoY Change | -3.18% | -0.21% | -0.17% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $1.875B | $1.773B | $1.773B |
| Total Long-Term Assets | $1.146B | $1.184B | $1.184B |
| Total Assets | $3.021B | $2.957B | $2.957B |
| YoY Change | 2.16% | 4.71% | 4.71% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $261.0M | $292.2M | $292.0M |
| YoY Change | -10.68% | -22.9% | -22.96% |
| Accrued Expenses | $519.0M | $566.0M | $337.0M |
| YoY Change | -8.3% | -45.89% | 7.67% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $1.000M | $65.80M | $66.00M |
| YoY Change | -98.48% | 3190.0% | 3200.0% |
| Total Short-Term Liabilities | $1.337B | $1.450B | $1.450B |
| YoY Change | -7.81% | 1.7% | 1.68% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $823.0M | $845.9M | $846.0M |
| YoY Change | -2.71% | -20.12% | -20.11% |
| Other Long-Term Liabilities | $1.795B | $142.7M | $1.933B |
| YoY Change | 1157.88% | -91.9% | 9.7% |
| Total Long-Term Liabilities | $2.618B | $988.6M | $2.779B |
| YoY Change | 164.82% | -64.96% | -1.49% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $1.337B | $1.450B | $1.450B |
| Total Long-Term Liabilities | $2.618B | $988.6M | $2.779B |
| Total Liabilities | $3.958B | $2.439B | $4.225B |
| YoY Change | 62.29% | -42.85% | -0.98% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$2.407B | ||
| YoY Change | |||
| Common Stock | $4.197B | ||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | $46.00M | $45.00M | |
| YoY Change | 2.22% | ||
| Treasury Stock Shares | $200.0K | ||
| Shareholders Equity | -$937.0M | -$1.268B | -$1.268B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $3.021B | $2.957B | $2.957B |
| YoY Change | 2.17% | 4.71% | 4.71% |
Cashflow Statement
| Concept | 2010 Q4 | 2009 Q4 | 2009 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $99.20M | $114.5M | $189.3M |
| YoY Change | -13.36% | -297.41% | -245.5% |
| Depreciation, Depletion And Amortization | $60.60M | $96.60M | $352.5M |
| YoY Change | -37.27% | -20.56% | -15.67% |
| Cash From Operating Activities | $186.8M | $215.0M | $396.8M |
| YoY Change | -13.12% | 55.57% | 55.85% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$41.20M | -$52.10M | -$201.3M |
| YoY Change | -20.92% | -35.04% | -31.65% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $5.400M | $12.50M | -$70.00M |
| YoY Change | -56.8% | -47.03% | -708.7% |
| Cash From Investing Activities | -$35.80M | -$39.60M | -$271.3M |
| YoY Change | -9.6% | -30.04% | -4.13% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -14.70M | -700.0K | -46.10M |
| YoY Change | 2000.0% | -77.05% | |
| NET CHANGE | |||
| Cash From Operating Activities | 186.8M | 215.0M | 396.8M |
| Cash From Investing Activities | -35.80M | -39.60M | -271.3M |
| Cash From Financing Activities | -14.70M | -700.0K | -46.10M |
| Net Change In Cash | 136.3M | 174.7M | 79.40M |
| YoY Change | -21.98% | 114.09% | -134.63% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $186.8M | $215.0M | $396.8M |
| Capital Expenditures | -$41.20M | -$52.10M | -$201.3M |
| Free Cash Flow | $228.0M | $267.1M | $598.1M |
| YoY Change | -14.64% | 22.3% | 8.92% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2009Q4 | us-gaap |
Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
|
767400000 | |
| CY2009Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1140100000 | |
| CY2009Q4 | us-gaap |
Assets Current
AssetsCurrent
|
1773400000 | |
| CY2009Q4 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
98800000 | |
| CY2009Q4 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
151500000 | |
| CY2009Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
647600000 | |
| CY2009 | us-gaap |
Cost Of Services
CostOfServices
|
3026100000 | |
| CY2008 | us-gaap |
Cost Of Services Licenses And Maintenance Agreements
CostOfServicesLicensesAndMaintenanceAgreements
|
340600000 | |
| CY2010Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
46000000 | |
| CY2009Q4 | uis |
Outsourcing Assets Net
OutsourcingAssetsNet
|
213700000 | |
| CY2009Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
292200000 | |
| CY2009Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-3013500000 | |
| CY2009Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
4196500000 | |
| CY2009Q4 | us-gaap |
Assets
Assets
|
2956900000 | |
| CY2009 | us-gaap |
Commitments And Contingencies2009
CommitmentsAndContingencies2009
|
||
| CY2009Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2009Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
72000000 | |
| CY2009Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
42500000 | |
| CY2009Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
400000 | |
| CY2008 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
3868500000 | |
| CY2009 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
3272700000 | |
| CY2008 | us-gaap |
Cost Of Services
CostOfServices
|
3527900000 | |
| CY2009Q4 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
19900000 | |
| CY2009Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1365800000 | |
| CY2009Q4 | us-gaap |
Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
|
43000000 | |
| CY2009Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
139200000 | |
| CY2009Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
225700000 | |
| CY2009Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
57500000 | |
| CY2009 | us-gaap |
Cost Of Services Licenses And Maintenance Agreements
CostOfServicesLicensesAndMaintenanceAgreements
|
246600000 | |
| CY2008 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
4952800000 | |
| CY2009 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
4055700000 | |
| CY2009Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
439100000 | |
| CY2009Q4 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
149200000 | |
| CY2009Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
180600000 | |
| CY2008 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-3.62 | |
| CY2009 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.82 | |
| CY2008 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-3.62 | |
| CY2009 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
4.75 | |
| CY2009Q4 | us-gaap |
Goodwill
Goodwill
|
198500000 | |
| CY2008 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-150900000 | |
| CY2009 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
172200000 | |
| CY2008 | us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
12400000 | |
| CY2009 | us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
3700000 | |
| CY2008 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-97600000 | |
| CY2009 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
218200000 | |
| CY2008 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-138500000 | |
| CY2009 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
175900000 | |
| CY2008 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-4.20 | |
| CY2009 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
4.38 | |
| CY2008 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-4.20 | |
| CY2009 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
4.32 | |
| CY2008 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
20800000 | |
| CY2009 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
17100000 | |
| CY2008 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.58 | |
| CY2009 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.44 | |
| CY2008 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.58 | |
| CY2009 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.43 | |
| CY2008 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
40900000 | |
| CY2009 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
42300000 | |
| CY2008 | us-gaap |
Interest Expense
InterestExpense
|
85100000 | |
| CY2009 | us-gaap |
Interest Expense
InterestExpense
|
95200000 | |
| CY2009Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2956900000 | |
| CY2009Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1450200000 | |
| CY2009Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
87100000 | |
| CY2008 | us-gaap |
License And Maintenance Revenue
LicenseAndMaintenanceRevenue
|
629600000 | |
| CY2009 | us-gaap |
License And Maintenance Revenue
LicenseAndMaintenanceRevenue
|
560800000 | |
| CY2009Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
65800000 | |
| CY2009Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
845900000 | |
| CY2009Q4 | us-gaap |
Minority Interest
MinorityInterest
|
-3400000 | |
| CY2008 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-130100000 | |
| CY2009 | us-gaap |
Net Income Loss
NetIncomeLoss
|
189300000 | |
| CY2008 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2100000 | |
| CY2009 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
330000000 | |
| CY2009Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
213500000 | |
| CY2009Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
566000000 | |
| CY2009Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
142700000 | |
| CY2008 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-14600000 | |
| CY2009 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-16600000 | |
| CY2009Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
1640600000 | |
| CY2008 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
129000000 | |
| CY2009 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
101900000 | |
| CY2009Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-2406700000 | |
| CY2008 | us-gaap |
Revenues
Revenues
|
4954900000 | |
| CY2009 | us-gaap |
Revenues
Revenues
|
4385700000 | |
| CY2008 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
4325300000 | |
| CY2009 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
3824900000 | |
| CY2008 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
955300000 | |
| CY2009 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
681100000 | |
| CY2009Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1268300000 | |
| CY2009Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-1271700000 | |
| CY2009Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
45000000 |
