2007 Q3 Form 10-K Financial Statement
#000119312509239249 Filed on November 20, 2009
Income Statement
| Concept | 2007 Q3 | 2007 | 2006 Q3 |
|---|---|---|---|
| Revenue | $991.0M | $3.590B | $744.7M |
| YoY Change | 33.07% | 21.78% | |
| Cost Of Revenue | $260.0M | $721.0M | $273.6M |
| YoY Change | -4.97% | 7.45% | |
| Gross Profit | $731.0M | $2.869B | $471.1M |
| YoY Change | 55.17% | 26.0% | |
| Gross Profit Margin | 73.76% | 79.92% | 63.26% |
| Selling, General & Admin | $415.0M | $1.539B | $292.5M |
| YoY Change | 41.88% | 11.04% | |
| % of Gross Profit | 56.77% | 53.64% | 62.09% |
| Research & Development | $249.0M | ||
| YoY Change | |||
| % of Gross Profit | 8.68% | ||
| Depreciation & Amortization | $41.00M | $126.0M | $45.00M |
| YoY Change | -8.89% | -8.7% | |
| % of Gross Profit | 5.61% | 4.39% | 9.55% |
| Operating Expenses | $456.0M | $249.0M | $292.5M |
| YoY Change | 55.9% | -83.66% | |
| Operating Profit | $275.0M | -$1.449B | $178.6M |
| YoY Change | 53.98% | -292.43% | |
| Interest Expense | $12.00M | $81.00M | -$4.100M |
| YoY Change | -392.68% | -1112.5% | |
| % of Operating Profit | 4.36% | -2.3% | |
| Other Income/Expense, Net | $0.00 | $62.00M | |
| YoY Change | |||
| Pretax Income | -$2.351B | -$1.387B | $173.5M |
| YoY Change | -1455.04% | -292.11% | |
| Income Tax | -$667.0M | -$316.0M | $54.00M |
| % Of Pretax Income | 31.12% | ||
| Net Earnings | -$1.684B | -$1.076B | $114.4M |
| YoY Change | -1572.03% | -336.48% | |
| Net Earnings / Revenue | -169.93% | -29.97% | 15.36% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | -$522.4K | -$333.9K | $35.49K |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2007 Q3 | 2007 | 2006 Q3 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $1.022B | $1.022B | |
| YoY Change | 9.77% | ||
| Cash & Equivalents | $275.0M | $275.0M | $270.0M |
| Short-Term Investments | $747.0M | $747.0M | |
| Other Short-Term Assets | $1.230B | $1.025B | |
| YoY Change | 176.28% | ||
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $245.0M | $245.0M | |
| Other Receivables | $10.00M | $215.0M | |
| Total Short-Term Assets | $2.507B | $2.507B | |
| YoY Change | 57.28% | ||
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $313.0M | $313.0M | |
| YoY Change | 11.39% | ||
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $964.0M | $968.0M | |
| YoY Change | 37.89% | ||
| Other Assets | $606.0M | $602.0M | |
| YoY Change | 55.56% | ||
| Total Long-Term Assets | $1.883B | $1.883B | |
| YoY Change | 37.45% | ||
| TOTAL ASSETS | |||
| Total Short-Term Assets | $2.507B | $2.507B | |
| Total Long-Term Assets | $1.883B | $1.883B | |
| Total Assets | $4.390B | $4.390B | |
| YoY Change | 48.11% | ||
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $99.00M | $99.00M | |
| YoY Change | -16.81% | ||
| Accrued Expenses | $2.827B | $2.827B | |
| YoY Change | 353.04% | ||
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | |
| YoY Change | |||
| Long-Term Debt Due | $41.00M | $41.00M | |
| YoY Change | 28.13% | ||
| Total Short-Term Liabilities | $3.282B | $3.282B | |
| YoY Change | 135.61% | ||
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | |
| YoY Change | -100.0% | ||
| Other Long-Term Liabilities | $1.571B | $1.571B | |
| YoY Change | 72.83% | ||
| Total Long-Term Liabilities | $1.571B | $1.571B | |
| YoY Change | 65.37% | ||
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $3.282B | $3.282B | |
| Total Long-Term Liabilities | $1.571B | $1.571B | |
| Total Liabilities | $4.891B | $4.891B | |
| YoY Change | 105.42% | ||
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | |||
| YoY Change | |||
| Common Stock | |||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | -$501.0M | -$501.0M | $583.0M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $4.390B | $4.390B | |
| YoY Change | 48.11% |
Cashflow Statement
| Concept | 2007 Q3 | 2007 | 2006 Q3 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$1.684B | -$1.076B | $114.4M |
| YoY Change | -1572.03% | -336.48% | |
| Depreciation, Depletion And Amortization | $41.00M | $126.0M | $45.00M |
| YoY Change | -8.89% | -8.7% | |
| Cash From Operating Activities | -$38.00M | $505.0M | -$68.00M |
| YoY Change | -44.12% | 12.22% | |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$84.00M | -$160.0M | -$45.00M |
| YoY Change | 86.67% | 56.86% | |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$183.0M | -$303.0M | $158.0M |
| YoY Change | -215.82% | 72.16% | |
| Cash From Investing Activities | -$267.0M | -$463.0M | $112.0M |
| YoY Change | -338.39% | 66.55% | |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | $0.00 | ||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | $0.00 | ||
| YoY Change | |||
| Debt Paid & Issued, Net | $33.00M | ||
| YoY Change | |||
| Cash From Financing Activities | -9.000M | -$37.00M | -10.00M |
| YoY Change | -10.0% | 0.0% | |
| NET CHANGE | |||
| Cash From Operating Activities | -38.00M | $505.0M | -68.00M |
| Cash From Investing Activities | -267.0M | -$463.0M | 112.0M |
| Cash From Financing Activities | -9.000M | -$37.00M | -10.00M |
| Net Change In Cash | -314.0M | $5.000M | 34.00M |
| YoY Change | -1023.53% | -96.3% | |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$38.00M | $505.0M | -$68.00M |
| Capital Expenditures | -$84.00M | -$160.0M | -$45.00M |
| Free Cash Flow | $46.00M | $665.0M | -$23.00M |
| YoY Change | -300.0% | 20.47% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2007 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-2000000 | USD |
| CY2007 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
202000000 | USD |
| CY2007 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
40000000 | USD |
| CY2007 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
413000000 | USD |
| CY2007 | us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
|
0 | USD |
| CY2007 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
|
3000000 | USD |
| CY2006Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
270000000 | USD |
| CY2006Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
583000000 | USD |
| CY2007Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
275000000 | USD |
| CY2007Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-501000000 | USD |
| CY2007 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
5000000 | USD |
| CY2007 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | USD |
| CY2007 | us-gaap |
Affiliate Costs
AffiliateCosts
|
173000000 | USD |
| CY2007 | us-gaap |
Communications And Information Technology
CommunicationsAndInformationTechnology
|
249000000 | USD |
| CY2007 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1073000000 | USD |
| CY2007 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
5039000000 | USD |
| CY2007 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-874000000 | USD |
| CY2007 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
126000000 | USD |
| CY2007 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
0 | USD |
| CY2007 | us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
0 | USD |
| CY2007 | us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
0 | USD |
| CY2007 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
4000000 | USD |
| CY2007 | us-gaap |
Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
|
0 | USD |
| CY2007 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-316000000 | USD |
| CY2007 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-20000000 | USD |
| CY2007 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
29000000 | USD |
| CY2007 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-3000000 | USD |
| CY2007 | us-gaap |
Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
|
-143000000 | USD |
| CY2007 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
65000000 | USD |
| CY2007 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
172000000 | USD |
| CY2007 | us-gaap |
Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
|
0 | USD |
| CY2007 | us-gaap |
Interest Expense
InterestExpense
|
81000000 | USD |
| CY2007 | us-gaap |
Interest Paid
InterestPaid
|
4000000 | USD |
| CY2007 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
103000000 | USD |
| CY2007 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
721000000 | USD |
| CY2007 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
581000000 | USD |
| CY2007 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-37000000 | USD |
| CY2007 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-463000000 | USD |
| CY2007 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
505000000 | USD |
| CY2007 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1076000000 | USD |
| CY2007 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
5000000 | USD |
| CY2007 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
62000000 | USD |
| CY2007 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1449000000 | USD |
| CY2007 | us-gaap |
Other Comprehensive Income Available For Sale Securities Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease
|
3000000 | USD |
| CY2007 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Period Increase Decrease
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPeriodIncreaseDecrease
|
0 | USD |
| CY2007 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease
|
0 | USD |
| CY2007 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
2769000000 | USD |
| CY2007 | us-gaap |
Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income Before Tax
OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax
|
4000000 | USD |
| CY2007 | us-gaap |
Other Comprehensive Income Reclassification Adjustment For Sale Of Securities Included In Net Income Tax
OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeTax
|
1000000 | USD |
| CY2007 | us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
0 | USD |
| CY2007 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
0 | USD |
| CY2007 | us-gaap |
Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Before Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeBeforeTax
|
0 | USD |
| CY2007 | us-gaap |
Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax
|
0 | USD |
| CY2007 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
0 | USD |
| CY2007 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Tax
OtherComprehensiveIncomeDefinedBenefitPlansTax
|
0 | USD |
| CY2007 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | USD |
| CY2007 | v |
Income Loss From Continuing Operations Before Income Taxes And Minority Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndMinorityInterest
|
-1387000000 | USD |
| CY2007 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
|
0 | USD |
| CY2007 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
9000000 | USD |
| CY2007 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
3000000 | USD |
| CY2007 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
0 | USD |
| CY2007 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
280000000 | USD |
| CY2007 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
| CY2007 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
0 | USD |
| CY2007 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | USD |
| CY2007 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
3070000000 | USD |
| CY2007 | us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
3000000 | USD |
| CY2007 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
160000000 | USD |
| CY2007 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD |
| CY2007 | us-gaap |
Professional Fees
ProfessionalFees
|
334000000 | USD |
| CY2007 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
4000000 | USD |
| CY2007 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
33000000 | USD |
| CY2007 | us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
0 | USD |
| CY2007 | us-gaap |
Revenues
Revenues
|
3590000000 | USD |
| CY2007 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
0 | USD |
| CY2007 | us-gaap |
Stock Issued
StockIssued
|
0 | USD |
| CY2007 | v |
Accrued Litigation And Accretion
AccruedLitigationAndAccretion
|
2913000000 | USD |
| CY2007 | v |
Amortization Of Volume And Support Incentives
AmortizationOfVolumeAndSupportIncentives
|
489000000 | USD |
| CY2007 | v |
Fair Value Adjustment For Liability Under The Framework Agreement
FairValueAdjustmentForLiabilityUnderTheFrameworkAgreement
|
0 | USD |
| CY2007 | v |
Interest Earned On Litigation Escrow Net Of Tax
InterestEarnedOnLitigationEscrowNetOfTax
|
0 | USD |
| CY2007 | v |
Increase Decrease In Settlement Receivable
IncreaseDecreaseInSettlementReceivable
|
-32000000 | USD |
| CY2007 | v |
Increase Decrease In Accrued Litigation
IncreaseDecreaseInAccruedLitigation
|
-231000000 | USD |
| CY2007 | v |
Increase Decrease In Settlement Payable
IncreaseDecreaseInSettlementPayable
|
-39000000 | USD |
| CY2007 | v |
Increase Decrease In Volume And Support Incentives
IncreaseDecreaseInVolumeAndSupportIncentives
|
507000000 | USD |
| CY2007 | v |
Cash Acquired Through Reorganization
CashAcquiredThroughReorganization
|
0 | USD |
| CY2007 | v |
Funding Of Tax Escrow Account For Income Tax Withheld On Stock Proceeds
FundingOfTaxEscrowAccountForIncomeTaxWithheldOnStockProceeds
|
0 | USD |
| CY2007 | v |
Income Loss From Continuing Operations Before Minority Interest
IncomeLossFromContinuingOperationsBeforeMinorityInterest
|
-1071000000 | USD |
| CY2007 | v |
Data Processing Fees
DataProcessingFees
|
1416000000 | USD |
| CY2007 | v |
Litigation Provision
LitigationProvision
|
2653000000 | USD |
| CY2007 | v |
Distributions From Money Market Investment
DistributionsFromMoneyMarketInvestment
|
0 | USD |
| CY2007 | v |
Dividends Distributions From Other Investments
DividendsDistributionsFromOtherInvestments
|
1000000 | USD |
| CY2007 | v |
Liabilities Assumed In Noncash Operating Investing Or Financing Activities
LiabilitiesAssumedInNoncashOperatingInvestingOrFinancingActivities
|
6000000 | USD |
| CY2007 | v |
Noncash Or Part Noncash Acquisition Nonrecourse Debt Assumed
NoncashOrPartNoncashAcquisitionNonrecourseDebtAssumed
|
0 | USD |
| CY2007 | v |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Qualifying As Hedges Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesQualifyingAsHedgesArisingDuringPeriodBeforeTax
|
0 | USD |
| CY2007 | v |
Funding Of Litigation Escrow Account Retrospective Responsibility Plan
FundingOfLitigationEscrowAccountRetrospectiveResponsibilityPlan
|
0 | USD |
| CY2007 | v |
International Transaction Fees
InternationalTransactionFees
|
454000000 | USD |
| CY2007 | v |
Service Fees
ServiceFees
|
1945000000 | USD |
| CY2007 | v |
Volume And Support Incentives
VolumeAndSupportIncentives
|
-505000000 | USD |
| CY2007 | v |
Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriod
|
0 | USD |
| CY2007 | v |
Restricted Stock Instruments Settled In Cash For Taxes
RestrictedStockInstrumentsSettledInCashForTaxes
|
0 | USD |
| CY2007 | v |
Reclassification Of Money Market Investment
ReclassificationOfMoneyMarketInvestment
|
0 | USD |
| CY2007 | v |
Amortization Of Investments Debt Issurance Cost And Accretion Of Member Deposits
AmortizationOfInvestmentsDebtIssuranceCostAndAccretionOfMemberDeposits
|
11000000 | USD |
| CY2007 | v |
Payment From Litigation Escrow Account Retrospective Responsibility Plan
PaymentFromLitigationEscrowAccountRetrospectiveResponsibilityPlan
|
0 | USD |
| CY2007 | v |
Payment From Tax Escrow Account
PaymentFromTaxEscrowAccount
|
0 | USD |
