2021 Q1 Form 10-Q Financial Statement

#000082113021000026 Filed on May 06, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $1.023B $963.0M
YoY Change 6.23% -0.31%
Cost Of Revenue $460.0M $397.0M
YoY Change 15.87% -2.93%
Gross Profit $563.0M $566.0M
YoY Change -0.53% 1.62%
Gross Profit Margin 55.03% 58.77%
Selling, General & Admin $305.0M $335.0M
YoY Change -8.96% 2.76%
% of Gross Profit 54.17% 59.19%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $170.0M $177.0M
YoY Change -3.95% 4.73%
% of Gross Profit 30.2% 31.27%
Operating Expenses $939.0M $913.0M
YoY Change 2.85% 1.22%
Operating Profit $84.00M $50.00M
YoY Change 68.0% -21.88%
Interest Expense $39.00M $24.00M
YoY Change 62.5% -17.24%
% of Operating Profit 46.43% 48.0%
Other Income/Expense, Net $5.000M $26.00M
YoY Change -80.77% 23.81%
Pretax Income $89.00M $76.00M
YoY Change 17.11% -10.59%
Income Tax $27.00M $4.000M
% Of Pretax Income 30.34% 5.26%
Net Earnings $60.00M $71.00M
YoY Change -15.49% 31.48%
Net Earnings / Revenue 5.87% 7.37%
Basic Earnings Per Share $0.70 $0.82
Diluted Earnings Per Share $0.69 $0.81
COMMON SHARES
Basic Shares Outstanding 86.00M shares 86.00M shares
Diluted Shares Outstanding 88.00M shares 88.00M shares

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $482.0M $258.0M
YoY Change 86.82% -61.2%
Cash & Equivalents $479.0M $258.0M
Short-Term Investments $3.000M
Other Short-Term Assets $43.00M $22.00M
YoY Change 95.45% -24.14%
Inventory $139.0M $212.0M
Prepaid Expenses $63.00M $58.00M
Receivables $900.0M $865.0M
Other Receivables $209.0M $136.0M
Total Short-Term Assets $1.845B $1.576B
YoY Change 17.07% -14.3%
LONG-TERM ASSETS
Property, Plant & Equipment $2.419B $2.268B
YoY Change 6.66% 6.13%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $447.0M $461.0M
YoY Change -3.04% 0.22%
Other Assets $580.0M $534.0M
YoY Change 8.61% -5.82%
Total Long-Term Assets $8.303B $6.675B
YoY Change 24.39% 4.46%
TOTAL ASSETS
Total Short-Term Assets $1.845B $1.576B
Total Long-Term Assets $8.303B $6.675B
Total Assets $10.15B $8.251B
YoY Change 22.99% 0.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $282.0M $328.0M
YoY Change -14.02% -9.89%
Accrued Expenses $207.0M $183.0M
YoY Change 13.11% 4.57%
Deferred Revenue $158.0M $139.0M
YoY Change 13.67%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.000M $6.000M
YoY Change -66.67% -68.42%
Total Short-Term Liabilities $739.0M $722.0M
YoY Change 2.35% -9.98%
LONG-TERM LIABILITIES
Long-Term Debt $2.981B $1.503B
YoY Change 98.34% -6.12%
Other Long-Term Liabilities $393.0M $327.0M
YoY Change 20.18% 11.99%
Total Long-Term Liabilities $393.0M $327.0M
YoY Change 20.18% 11.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $739.0M $722.0M
Total Long-Term Liabilities $393.0M $327.0M
Total Liabilities $1.132B $1.049B
YoY Change 7.91% -4.11%
SHAREHOLDERS EQUITY
Retained Earnings $2.796B $2.620B
YoY Change 6.72% 4.93%
Common Stock $88.00M $88.00M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $66.00M $92.00M
YoY Change -28.26% 46.03%
Treasury Stock Shares
Shareholders Equity $4.475B $4.252B
YoY Change
Total Liabilities & Shareholders Equity $10.15B $8.251B
YoY Change 22.99% 0.27%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $60.00M $71.00M
YoY Change -15.49% 31.48%
Depreciation, Depletion And Amortization $170.0M $177.0M
YoY Change -3.95% 4.73%
Cash From Operating Activities $124.0M $342.0M
YoY Change -63.74% 19.16%
INVESTING ACTIVITIES
Capital Expenditures -$1.389B -$341.0M
YoY Change 307.33% 215.74%
Acquisitions
YoY Change
Other Investing Activities $1.000M $0.00
YoY Change -100.0%
Cash From Investing Activities -$1.388B -$342.0M
YoY Change 305.85% 61.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.000M $21.00M
YoY Change -90.48%
Debt Paid & Issued, Net $0.00 $2.000M
YoY Change -100.0% -60.0%
Cash From Financing Activities $485.0M -$24.00M
YoY Change -2120.83% 300.0%
NET CHANGE
Cash From Operating Activities $124.0M $342.0M
Cash From Investing Activities -$1.388B -$342.0M
Cash From Financing Activities $485.0M -$24.00M
Net Change In Cash -$779.0M -$24.00M
YoY Change 3145.83% -134.78%
FREE CASH FLOW
Cash From Operating Activities $124.0M $342.0M
Capital Expenditures -$1.389B -$341.0M
Free Cash Flow $1.513B $683.0M
YoY Change 121.52% 72.91%

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