2008 Q4 Form 10-K Financial Statement

#000095012310018400 Filed on February 26, 2010

View on sec.gov

Income Statement

Concept 2008 Q4 2008 2007 Q4
Revenue $799.2M $3.651B $856.9M
YoY Change -6.73% 9.73% 4.97%
Cost Of Revenue $650.0M $2.902B $635.8M
YoY Change 2.23% 22.08% 9.79%
Gross Profit $149.2M $749.7M $221.1M
YoY Change -32.52% -21.16% -6.79%
Gross Profit Margin 18.67% 20.53% 25.8%
Selling, General & Admin $88.90M $342.6M $77.50M
YoY Change 14.71% 18.3% 16.89%
% of Gross Profit 59.58% 45.7% 35.05%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $97.60M $389.1M $80.40M
YoY Change 21.39% 43.3% 35.13%
% of Gross Profit 65.42% 51.89% 36.36%
Operating Expenses $88.20M $342.6M $77.10M
YoY Change 14.4% 16.13% 14.22%
Operating Profit $61.00M $249.1M $144.0M
YoY Change -57.64% -62.02% -15.14%
Interest Expense -$46.40M $172.8M -$23.70M
YoY Change 95.78% -513.43% 330.91%
% of Operating Profit -76.07% 69.37% -16.46%
Other Income/Expense, Net -$1.300M -$4.357M -$4.800M
YoY Change -72.92% -17.79% -633.33%
Pretax Income -$231.8M $75.06M $117.5M
YoY Change -297.28% -88.76% -29.64%
Income Tax -$19.70M $71.69M $31.30M
% Of Pretax Income 95.51% 26.64%
Net Earnings -$212.8M $918.0K $84.60M
YoY Change -351.54% -99.8% -25.66%
Net Earnings / Revenue -26.63% 0.03% 9.87%
Basic Earnings Per Share $0.01
Diluted Earnings Per Share -$1.928M $0.01 $817.4K
COMMON SHARES
Basic Shares Outstanding 109.8M shares
Diluted Shares Outstanding 111.0M shares

Balance Sheet

Concept 2008 Q4 2008 2007 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $47.00M $47.00M $35.00M
YoY Change 34.29% 34.29% -36.36%
Cash & Equivalents $10.19M $10.00M $34.89M
Short-Term Investments $37.00M $37.00M $0.00
Other Short-Term Assets $125.0M $125.0M $344.0M
YoY Change -63.66% -63.66% 739.02%
Inventory $364.3M $364.0M $356.0M
Prepaid Expenses $54.47M
Receivables $357.0M $326.0M $422.0M
Other Receivables $0.00 $31.00M $0.00
Total Short-Term Assets $893.9M $894.0M $1.157B
YoY Change -22.74% -22.73% 58.28%
LONG-TERM ASSETS
Property, Plant & Equipment $4.156B $4.156B $3.620B
YoY Change 14.8% 14.81% 93.69%
Goodwill $3.085B
YoY Change
Intangibles
YoY Change
Long-Term Investments $28.00M $28.00M $25.00M
YoY Change 12.0% 12.0% 257.14%
Other Assets $79.66M $80.00M $345.0M
YoY Change -76.91% -64.13% 165.38%
Total Long-Term Assets $8.023B $8.023B $7.779B
YoY Change 3.13% 3.14% 188.43%
TOTAL ASSETS
Total Short-Term Assets $893.9M $894.0M $1.157B
Total Long-Term Assets $8.023B $8.023B $7.779B
Total Assets $8.917B $8.917B $8.936B
YoY Change -0.22% -0.21% 160.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $147.0M $147.0M $220.0M
YoY Change -33.18% -33.18% 42.86%
Accrued Expenses $122.0M $122.0M $108.0M
YoY Change 12.96% -29.89% 36.71%
Deferred Revenue
YoY Change
Short-Term Debt $1.083B $1.083B $2.092B
YoY Change -48.26% -48.23% 951.26%
Long-Term Debt Due $311.7M $312.0M $35.00M
YoY Change 790.53% 791.43% 3400.0%
Total Short-Term Liabilities $1.663B $1.663B $2.528B
YoY Change -34.21% -34.22% 418.03%
LONG-TERM LIABILITIES
Long-Term Debt $2.154B $2.154B $1.530B
YoY Change 40.76% 40.78% 375.16%
Other Long-Term Liabilities $113.6M $626.0M $447.0M
YoY Change -74.59% 40.04% 40.13%
Total Long-Term Liabilities $2.267B $2.780B $1.977B
YoY Change 14.68% 40.62% 208.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.663B $1.663B $2.528B
Total Long-Term Liabilities $2.267B $2.780B $1.977B
Total Liabilities $5.363B $5.363B $5.177B
YoY Change 3.59% 3.59% 265.35%
SHAREHOLDERS EQUITY
Retained Earnings $1.894B
YoY Change
Common Stock $1.845B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.530B $3.554B $3.793B
YoY Change
Total Liabilities & Shareholders Equity $8.917B $8.917B $8.936B
YoY Change -0.22% -0.21% 160.68%

Cashflow Statement

Concept 2008 Q4 2008 2007 Q4
OPERATING ACTIVITIES
Net Income -$212.8M $918.0K $84.60M
YoY Change -351.54% -99.8% -25.66%
Depreciation, Depletion And Amortization $97.60M $389.1M $80.40M
YoY Change 21.39% 43.3% 35.13%
Cash From Operating Activities $157.0M $435.2M $286.8M
YoY Change -45.26% -38.54% 32.96%
INVESTING ACTIVITIES
Capital Expenditures -$58.30M $353.2M -$131.8M
YoY Change -55.77% -173.08% -3.16%
Acquisitions $84.06M
YoY Change
Other Investing Activities $4.300M -$4.976M -$3.207B
YoY Change -100.13% -99.84% -118881.48%
Cash From Investing Activities -$54.00M -$189.0M -$3.339B
YoY Change -98.38% -94.83% 2404.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$55.07M
YoY Change -281.76%
Debt Paid & Issued, Net $48.79M
YoY Change
Cash From Financing Activities -183.6M -$270.8M 3.056B
YoY Change -106.01% -109.26% -3286.55%
NET CHANGE
Cash From Operating Activities 157.0M $435.2M 286.8M
Cash From Investing Activities -54.00M -$189.0M -3.339B
Cash From Financing Activities -183.6M -$270.8M 3.056B
Net Change In Cash -80.60M -$24.69M 3.800M
YoY Change -2221.05% 21.05% -128.15%
FREE CASH FLOW
Cash From Operating Activities $157.0M $435.2M $286.8M
Capital Expenditures -$58.30M $353.2M -$131.8M
Free Cash Flow $215.3M $81.99M $418.6M
YoY Change -48.57% -93.12% 18.99%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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