2016 Q2 Form 10-Q Financial Statement

#000119312516653231 Filed on July 21, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q2
Revenue $452.0M $419.1M
YoY Change 7.84% 2.25%
Cost Of Revenue $179.2M $189.1M
YoY Change -5.24% 0.59%
Gross Profit $243.9M $233.7M
YoY Change 4.36% 5.32%
Gross Profit Margin 53.96% 55.76%
Selling, General & Admin $104.3M $100.0M
YoY Change 4.25% 4.87%
% of Gross Profit 42.76% 42.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.100M $4.500M
YoY Change 13.33% 7.14%
% of Gross Profit 2.09% 1.93%
Operating Expenses $104.3M $100.0M
YoY Change 4.25% 4.87%
Operating Profit $139.6M $133.7M
YoY Change 4.45% 5.65%
Interest Expense -$2.087M -$3.009M
YoY Change -30.64% -63.3%
% of Operating Profit -1.49% -2.25%
Other Income/Expense, Net $10.67M $7.400M
YoY Change 44.16% 1750.0%
Pretax Income $61.17M $57.44M
YoY Change 6.48% -0.35%
Income Tax $24.86M $23.40M
% Of Pretax Income 40.64% 40.74%
Net Earnings $25.00M $34.04M
YoY Change -26.56% -3.57%
Net Earnings / Revenue 5.53% 8.12%
Basic Earnings Per Share $0.90 $1.07
Diluted Earnings Per Share $0.89 $1.05
COMMON SHARES
Basic Shares Outstanding 28.35M shares 31.86M shares
Diluted Shares Outstanding 28.83M shares 32.52M shares

Balance Sheet

Concept 2016 Q2 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $97.40M $250.9M
YoY Change -61.18% 47.59%
Cash & Equivalents $97.42M $250.9M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $702.4M $704.7M
Prepaid Expenses
Receivables $142.9M $116.5M
Other Receivables $0.00 $0.00
Total Short-Term Assets $942.7M $1.072B
YoY Change -12.07% -4.02%
LONG-TERM ASSETS
Property, Plant & Equipment $228.8M $188.7M
YoY Change 21.27% -12.23%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $68.30M $65.60M
YoY Change 4.12% 56.19%
Total Long-Term Assets $1.311B $1.251B
YoY Change 4.78% -3.24%
TOTAL ASSETS
Total Short-Term Assets $942.7M $1.072B
Total Long-Term Assets $1.311B $1.251B
Total Assets $2.254B $2.323B
YoY Change -3.0% -3.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $74.50M $80.50M
YoY Change -7.45% 7.33%
Accrued Expenses $208.0M $211.8M
YoY Change -1.79% -9.87%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $313.1M $325.1M
YoY Change -3.69% -1.19%
LONG-TERM LIABILITIES
Long-Term Debt $772.9M $600.0M
YoY Change 28.82% -1.64%
Other Long-Term Liabilities $194.7M $240.7M
YoY Change -19.11% 0.71%
Total Long-Term Liabilities $967.6M $840.7M
YoY Change 15.09% -0.98%
TOTAL LIABILITIES
Total Short-Term Liabilities $313.1M $325.1M
Total Long-Term Liabilities $967.6M $840.7M
Total Liabilities $1.407B $1.263B
YoY Change 11.42% 2.15%
SHAREHOLDERS EQUITY
Retained Earnings $287.3M $205.8M
YoY Change 39.6% 50.24%
Common Stock $1.140B $1.136B
YoY Change 0.37% 0.58%
Preferred Stock
YoY Change
Treasury Stock (at cost) $593.1M $295.5M
YoY Change 100.72% 156.93%
Treasury Stock Shares 9.640M shares 4.814M shares
Shareholders Equity $846.7M $1.061B
YoY Change
Total Liabilities & Shareholders Equity $2.254B $2.323B
YoY Change -3.0% -3.6%

Cashflow Statement

Concept 2016 Q2 2015 Q2
OPERATING ACTIVITIES
Net Income $25.00M $34.04M
YoY Change -26.56% -3.57%
Depreciation, Depletion And Amortization $5.100M $4.500M
YoY Change 13.33% 7.14%
Cash From Operating Activities $11.20M $46.60M
YoY Change -75.97% -6.61%
INVESTING ACTIVITIES
Capital Expenditures -$8.800M -$5.100M
YoY Change 72.55% 168.42%
Acquisitions
YoY Change
Other Investing Activities $53.60M $16.80M
YoY Change 219.05% -60.66%
Cash From Investing Activities $44.80M $11.70M
YoY Change 282.91% -71.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -64.50M -79.80M
YoY Change -19.17% -0.37%
NET CHANGE
Cash From Operating Activities 11.20M 46.60M
Cash From Investing Activities 44.80M 11.70M
Cash From Financing Activities -64.50M -79.80M
Net Change In Cash -8.500M -21.50M
YoY Change -60.47% -302.83%
FREE CASH FLOW
Cash From Operating Activities $11.20M $46.60M
Capital Expenditures -$8.800M -$5.100M
Free Cash Flow $20.00M $51.70M
YoY Change -61.32% -0.19%

Facts In Submission

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