2014 Q4 Form 10-K Financial Statement
#000139600916000044 Filed on February 25, 2016
Income Statement
| Concept | 2014 Q4 | 2014 Q3 | 2014 Q2 |
|---|---|---|---|
| Revenue | $755.0M | $873.6M | $791.1M |
| YoY Change | 11.0% | 7.37% | 7.09% |
| Cost Of Revenue | $585.4M | $664.5M | $616.4M |
| YoY Change | 4.0% | 1.51% | 1.75% |
| Gross Profit | $169.7M | $209.0M | $174.8M |
| YoY Change | 44.67% | 31.45% | 31.53% |
| Gross Profit Margin | 22.48% | 23.92% | 22.1% |
| Selling, General & Admin | $72.50M | $66.10M | $67.60M |
| YoY Change | 13.28% | 0.3% | 4.16% |
| % of Gross Profit | 42.72% | 31.63% | 38.67% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $70.60M | $71.20M | $68.30M |
| YoY Change | -7.35% | -9.07% | -11.3% |
| % of Gross Profit | 41.6% | 34.07% | 39.07% |
| Operating Expenses | $74.80M | $69.00M | $72.70M |
| YoY Change | 13.51% | 0.58% | 4.6% |
| Operating Profit | $99.89M | $140.3M | $103.2M |
| YoY Change | 85.57% | 40.66% | 18.86% |
| Interest Expense | -$40.90M | -$40.90M | -$40.60M |
| YoY Change | -16.36% | -16.7% | -20.24% |
| % of Operating Profit | -40.94% | -29.15% | -39.32% |
| Other Income/Expense, Net | -$900.0K | -$600.0K | $1.800M |
| YoY Change | -134.62% | -126.09% | 500.0% |
| Pretax Income | $58.10M | $98.80M | $64.50M |
| YoY Change | 674.67% | 86.77% | 77.69% |
| Income Tax | $19.70M | $31.10M | $18.00M |
| % Of Pretax Income | 33.91% | 31.48% | 27.91% |
| Net Earnings | $38.02M | $66.94M | $45.97M |
| YoY Change | 318.61% | 61.83% | 59.76% |
| Net Earnings / Revenue | 5.04% | 7.66% | 5.81% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $284.2K | $501.5K | $346.1K |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2014 Q4 | 2014 Q3 | 2014 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $141.0M | $92.00M | $228.0M |
| YoY Change | -27.32% | -62.6% | 162.07% |
| Cash & Equivalents | $141.0M | $92.00M | $228.0M |
| Short-Term Investments | |||
| Other Short-Term Assets | $84.00M | $77.00M | $130.0M |
| YoY Change | 13.51% | -6.1% | 64.56% |
| Inventory | $322.0M | $307.0M | $310.0M |
| Prepaid Expenses | |||
| Receivables | $355.0M | $480.0M | $434.0M |
| Other Receivables | $19.00M | $0.00 | $0.00 |
| Total Short-Term Assets | $920.0M | $955.0M | $1.102B |
| YoY Change | -3.26% | -13.26% | 20.83% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $3.072B | $3.069B | $2.902B |
| YoY Change | -7.25% | -4.51% | -9.62% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $42.00M | $42.00M | $42.00M |
| YoY Change | 0.0% | -2.33% | -2.33% |
| Other Assets | $154.0M | $150.0M | $150.0M |
| YoY Change | -11.49% | -12.79% | -11.76% |
| Total Long-Term Assets | $7.121B | $7.115B | $6.809B |
| YoY Change | -2.56% | -1.3% | -5.54% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $920.0M | $955.0M | $1.102B |
| Total Long-Term Assets | $7.121B | $7.115B | $6.809B |
| Total Assets | $8.041B | $8.070B | $7.911B |
| YoY Change | -2.64% | -2.89% | -2.57% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $145.0M | $168.0M | $178.0M |
| YoY Change | 4.32% | 9.09% | 39.06% |
| Accrued Expenses | $156.0M | ||
| YoY Change | -2.5% | ||
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | -100.0% | ||
| Long-Term Debt Due | $150.0M | $145.0K | $0.00 |
| YoY Change | 88135.29% | -11.04% | |
| Total Short-Term Liabilities | $452.0M | $365.0M | $349.0M |
| YoY Change | 51.17% | 1.67% | -10.97% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $1.835B | $1.984B | $1.983B |
| YoY Change | -27.24% | -21.36% | -21.43% |
| Other Long-Term Liabilities | $887.0M | $786.0M | $787.0M |
| YoY Change | 11.01% | -11.88% | 8.4% |
| Total Long-Term Liabilities | $2.722B | $2.770B | $2.770B |
| YoY Change | -18.04% | -18.89% | -14.77% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $452.0M | $365.0M | $349.0M |
| Total Long-Term Liabilities | $2.722B | $2.770B | $2.770B |
| Total Liabilities | $3.864B | $3.869B | $3.825B |
| YoY Change | -10.58% | -13.0% | -11.19% |
| 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 | $4.177B | $4.201B | $4.086B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $8.041B | $8.070B | $7.911B |
| YoY Change | -2.64% | -2.89% | -2.57% |
Cashflow Statement
| Concept | 2014 Q4 | 2014 Q3 | 2014 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $38.02M | $66.94M | $45.97M |
| YoY Change | 318.61% | 61.83% | 59.76% |
| Depreciation, Depletion And Amortization | $70.60M | $71.20M | $68.30M |
| YoY Change | -7.35% | -9.07% | -11.3% |
| Cash From Operating Activities | $111.3M | $126.8M | $27.90M |
| YoY Change | 15.34% | -58.47% | -186.11% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$55.70M | -$52.90M | -$70.30M |
| YoY Change | -64.77% | -7.68% | 112.39% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$8.600M | -$205.4M | $2.400M |
| YoY Change | -430.77% | -1950.45% | -59.32% |
| Cash From Investing Activities | -$64.30M | -$258.3M | -$67.90M |
| YoY Change | -58.65% | 460.3% | 148.72% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 2.400M | -4.300M | -1.100M |
| YoY Change | -65.71% | -95.72% | -97.34% |
| NET CHANGE | |||
| Cash From Operating Activities | 111.3M | 126.8M | 27.90M |
| Cash From Investing Activities | -64.30M | -258.3M | -67.90M |
| Cash From Financing Activities | 2.400M | -4.300M | -1.100M |
| Net Change In Cash | 49.40M | -135.8M | -41.10M |
| YoY Change | -195.0% | -185.52% | -59.31% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $111.3M | $126.8M | $27.90M |
| Capital Expenditures | -$55.70M | -$52.90M | -$70.30M |
| Free Cash Flow | $167.0M | $179.7M | $98.20M |
| YoY Change | -34.41% | -50.44% | 13928.57% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014Q4 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
1984779000 | |
| CY2014Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
1984779000 | |
| CY2015Q4 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
1980464000 | |
| CY2014Q4 | us-gaap |
Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
|
39726000 | |
| CY2015Q4 | us-gaap |
Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
|
0 | |
| CY2014 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
|
34071000 | |
| CY2015 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
|
5186000 | |
| CY2014 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
13303000 | |
| CY2013 | us-gaap |
Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
|
5195000 | |
| CY2014Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
54505000 | |
| CY2014Q2 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
46511000 | |
| CY2014Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
67781000 | |
| CY2014Q4 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
38349000 | |
| CY2015Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
1980464000 | |
| CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
53995000 | |
| CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
45967000 | |
| CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
66939000 | |
| CY2014Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
38022000 | |
| CY2014Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
194669000 | |
| CY2014Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
103246000 | |
| CY2014Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
140331000 | |
| CY2014Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
99892000 | |
| CY2014Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
275172000 | |
| CY2015Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
297925000 |
