2016 Q4 Form 10-K Financial Statement
#000139600917000005 Filed on February 24, 2017
Income Statement
| Concept | 2016 Q4 | 2016 Q3 | 2016 Q2 |
|---|---|---|---|
| Revenue | $873.0M | $1.008B | $956.8M |
| YoY Change | 1.83% | -2.93% | 6.89% |
| Cost Of Revenue | $645.2M | $703.9M | $664.6M |
| YoY Change | 6.93% | -5.79% | 0.59% |
| Gross Profit | $227.8M | $304.2M | $292.2M |
| YoY Change | -10.28% | 4.43% | 24.66% |
| Gross Profit Margin | 26.09% | 30.18% | 30.54% |
| Selling, General & Admin | $81.30M | $76.30M | $82.70M |
| YoY Change | 2.26% | 6.86% | 19.51% |
| % of Gross Profit | 35.69% | 25.08% | 28.3% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $71.50M | $72.10M | $71.90M |
| YoY Change | 2.14% | 3.44% | 5.12% |
| % of Gross Profit | 31.39% | 23.7% | 24.61% |
| Operating Expenses | $80.20M | $79.90M | $88.90M |
| YoY Change | -3.26% | 0.5% | 11.54% |
| Operating Profit | $147.6M | $224.3M | $203.3M |
| YoY Change | -13.68% | 5.9% | 31.42% |
| Interest Expense | -$33.10M | -$33.10M | -$33.30M |
| YoY Change | -8.82% | -12.43% | -60.22% |
| % of Operating Profit | -22.43% | -14.76% | -16.38% |
| Other Income/Expense, Net | $14.30M | $1.000M | $0.00 |
| YoY Change | 2283.33% | -135.71% | -100.0% |
| Pretax Income | $141.3M | $194.9M | $180.5M |
| YoY Change | 2.91% | 13.58% | 158.97% |
| Income Tax | $33.30M | $49.80M | $53.20M |
| % Of Pretax Income | 23.57% | 25.55% | 29.47% |
| Net Earnings | $112.6M | $142.0M | $124.7M |
| YoY Change | 26.66% | 14.72% | 158.73% |
| Net Earnings / Revenue | 12.9% | 14.09% | 13.03% |
| Basic Earnings Per Share | $0.85 | $1.07 | $0.93 |
| Diluted Earnings Per Share | $0.83 | $1.05 | $0.92 |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2016 Q4 | 2016 Q3 | 2016 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $259.0M | $135.0M | $92.00M |
| YoY Change | -8.8% | -20.12% | 22.67% |
| Cash & Equivalents | $268.0M | $135.0M | $92.00M |
| Short-Term Investments | $0.00 | ||
| Other Short-Term Assets | $41.00M | $71.00M | $51.00M |
| YoY Change | 17.14% | -25.26% | -56.03% |
| Inventory | $346.0M | $338.0M | $348.0M |
| Prepaid Expenses | |||
| Receivables | $398.0M | $532.0M | $533.0M |
| Other Receivables | $94.00M | $0.00 | $0.00 |
| Total Short-Term Assets | $1.137B | $1.077B | $1.023B |
| YoY Change | 4.79% | -5.86% | 0.1% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $3.261B | $3.228B | $3.217B |
| YoY Change | 3.33% | 3.46% | 3.24% |
| Goodwill | $3.095B | ||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $39.00M | $39.00M | $39.00M |
| YoY Change | -4.88% | -4.88% | -7.14% |
| Other Assets | $170.0M | $166.0M | $161.0M |
| YoY Change | 6.92% | 9.21% | 4.55% |
| Total Long-Term Assets | $7.334B | $7.281B | $7.267B |
| YoY Change | 1.63% | 1.51% | 1.3% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $1.137B | $1.077B | $1.023B |
| Total Long-Term Assets | $7.334B | $7.281B | $7.267B |
| Total Assets | $8.471B | $8.358B | $8.290B |
| YoY Change | 2.04% | 0.49% | 1.15% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $145.0M | $163.0M | $176.0M |
| YoY Change | -17.61% | -16.84% | -7.85% |
| Accrued Expenses | $101.0M | ||
| YoY Change | |||
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | -100.0% | ||
| Long-Term Debt Due | $138.0K | $0.00 | $131.0K |
| YoY Change | -99.06% | ||
| Total Short-Term Liabilities | $372.0M | $361.0M | $333.0M |
| YoY Change | 5.38% | -12.38% | -34.32% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $1.983B | $1.984B | $1.983B |
| YoY Change | 0.15% | 0.25% | 4.7% |
| Other Long-Term Liabilities | $841.0M | $803.0M | $812.0M |
| YoY Change | 0.96% | -7.59% | -7.94% |
| Total Long-Term Liabilities | $2.824B | $2.787B | $2.795B |
| YoY Change | 0.39% | -2.14% | 0.68% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $372.0M | $361.0M | $333.0M |
| Total Long-Term Liabilities | $2.824B | $2.787B | $2.795B |
| Total Liabilities | $3.899B | $3.854B | $3.811B |
| YoY Change | 1.35% | -2.53% | -3.98% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | |||
| YoY Change | |||
| Common Stock | |||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | $0.00 | ||
| Shareholders Equity | $4.572B | $4.504B | $4.479B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $8.471B | $8.358B | $8.290B |
| YoY Change | 2.04% | 0.49% | 1.15% |
Cashflow Statement
| Concept | 2016 Q4 | 2016 Q3 | 2016 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $112.6M | $142.0M | $124.7M |
| YoY Change | 26.66% | 14.72% | 158.73% |
| Depreciation, Depletion And Amortization | $71.50M | $72.10M | $71.90M |
| YoY Change | 2.14% | 3.44% | 5.12% |
| Cash From Operating Activities | $240.0M | $249.6M | $112.1M |
| YoY Change | 0.76% | 15.18% | 146.92% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$62.70M | -$87.60M | -$91.50M |
| YoY Change | -15.84% | 32.53% | -7.67% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$14.90M | $4.100M | $1.600M |
| YoY Change | 451.85% | 141.18% | -107.88% |
| Cash From Investing Activities | -$77.70M | -$83.60M | -$89.80M |
| YoY Change | 0.78% | 29.61% | -24.79% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -30.80M | -122.6M | -122.3M |
| YoY Change | -30.79% | 110.29% | -49.88% |
| NET CHANGE | |||
| Cash From Operating Activities | 240.0M | 249.6M | 112.1M |
| Cash From Investing Activities | -77.70M | -83.60M | -89.80M |
| Cash From Financing Activities | -30.80M | -122.6M | -122.3M |
| Net Change In Cash | 131.5M | 43.40M | -100.0M |
| YoY Change | 12.78% | -53.78% | -68.55% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $240.0M | $249.6M | $112.1M |
| Capital Expenditures | -$62.70M | -$87.60M | -$91.50M |
| Free Cash Flow | $302.7M | $337.2M | $203.6M |
| YoY Change | -3.2% | 19.24% | 40.9% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2016Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.30 | |
| CY2016Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.93 | |
| CY2016Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.07 | |
| CY2016Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.85 | |
| CY2016Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.30 | |
| CY2016Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.92 | |
| CY2016Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.05 | |
| CY2016Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.83 | |
| CY2014 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
0.000 | |
| CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
0.000 | |
| CY2016 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
0.041 | |
| CY2014 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.050 | |
| CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.018 | |
| CY2016 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.010 | |
| CY2016Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.31 | |
| CY2016Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.95 | |
| CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
1.09 | |
| CY2016Q4 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.82 | |
| CY2016Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.31 | |
| CY2016Q2 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.93 | |
| CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
1.07 | |
| CY2016Q4 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.80 | |
| CY2014 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
0 | |
| CY2015 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
0 | |
| CY2016 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-22443000 | |
| CY2014 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
15017000 | |
| CY2015 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
5945000 | |
| CY2016 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
5283000 | |
| CY2014 | us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
223097000 | |
| CY2015 | us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
304024000 | |
| CY2016 | us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
344941000 | |
| CY2014 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
0.00 | |
| CY2015 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
94.19 | |
| CY2016 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
113.18 | |
| CY2014 | us-gaap |
Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
|
0 | |
| CY2015 | us-gaap |
Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
|
21475000 | |
| CY2016 | us-gaap |
Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
|
161463000 | |
| CY2016Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
41965000 | |
| CY2016Q2 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
127241000 | |
| CY2016Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
145137000 | |
| CY2016Q4 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
108063000 | |
| CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
40158000 | |
| CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
124709000 | |
| CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
142024000 | |
| CY2016Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
112600000 |
