2022 Q1 Form 10-Q Financial Statement

#000161670722000071 Filed on May 05, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $2.993B $3.478B
YoY Change -13.94% 49.27%
Cost Of Revenue $2.190B $2.475B
YoY Change -11.52% 41.35%
Gross Profit $803.0M $1.003B
YoY Change -19.94% 73.19%
Gross Profit Margin 26.83% 28.84%
Selling, General & Admin $1.105B $817.2M
YoY Change 35.22% 9.3%
% of Gross Profit 137.61% 81.48%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $85.00M $81.00M
YoY Change 4.94% 21.18%
% of Gross Profit 10.59% 8.08%
Operating Expenses $1.113B $977.0M
YoY Change 13.92% 16.14%
Operating Profit -$310.0M $26.00M
YoY Change -1292.31% -109.92%
Interest Expense -$8.000M -$7.000M
YoY Change 14.29% -68.49%
% of Operating Profit -26.92%
Other Income/Expense, Net $0.00 -$3.000M
YoY Change -100.0% 1119.51%
Pretax Income -$318.0M $16.00M
YoY Change -2087.5% -105.62%
Income Tax $1.000M -$2.000M
% Of Pretax Income -12.5%
Net Earnings -$319.0M $18.00M
YoY Change -1872.22% -106.3%
Net Earnings / Revenue -10.66% 0.52%
Basic Earnings Per Share -$3.04 $0.18
Diluted Earnings Per Share -$3.04 $0.16
COMMON SHARES
Basic Shares Outstanding 105.0M shares 103.0M shares
Diluted Shares Outstanding 105.0M shares 107.0M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.987B $2.695B
YoY Change -26.27% 202.47%
Cash & Equivalents $1.200B $2.086B
Short-Term Investments $787.0M $608.5M
Other Short-Term Assets $343.0M $355.2M
YoY Change -3.43% 61.16%
Inventory $80.00M $59.61M
Prepaid Expenses
Receivables $270.0M $107.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.680B $3.217B
YoY Change -16.69% 151.67%
LONG-TERM ASSETS
Property, Plant & Equipment $698.0M $665.2M
YoY Change 4.93% 0.6%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $34.00M $34.58M
YoY Change -1.69% 156.79%
Total Long-Term Assets $1.576B $1.558B
YoY Change 1.15% 5.76%
TOTAL ASSETS
Total Short-Term Assets $2.680B $3.217B
Total Long-Term Assets $1.576B $1.558B
Total Assets $4.256B $4.775B
YoY Change -10.87% 73.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.174B $1.174B
YoY Change -0.02% 40.07%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.199B $2.220B
YoY Change -0.95% 48.6%
LONG-TERM LIABILITIES
Long-Term Debt $3.054B $3.060B
YoY Change -0.2% 94.03%
Other Long-Term Liabilities $26.00M $47.00M
YoY Change -44.68% 263.78%
Total Long-Term Liabilities $26.00M $47.00M
YoY Change -44.68% 263.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.199B $2.220B
Total Long-Term Liabilities $26.00M $47.00M
Total Liabilities $6.160B $6.245B
YoY Change -1.36% 59.19%
SHAREHOLDERS EQUITY
Retained Earnings -$2.268B -$1.818B
YoY Change 24.75% -22.86%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$1.904B -$1.470B
YoY Change
Total Liabilities & Shareholders Equity $4.256B $4.775B
YoY Change -10.87% 73.54%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income -$319.0M $18.00M
YoY Change -1872.22% -106.3%
Depreciation, Depletion And Amortization $85.00M $81.00M
YoY Change 4.94% 21.18%
Cash From Operating Activities -$226.0M $177.0M
YoY Change -227.68% -169.06%
INVESTING ACTIVITIES
Capital Expenditures $40.00M $24.00M
YoY Change 66.67% -59.98%
Acquisitions
YoY Change
Other Investing Activities -$96.00M $0.00
YoY Change -100.0%
Cash From Investing Activities -$201.0M -$212.0M
YoY Change -5.19% -207.97%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $75.00M $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$75.00M $0.00
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities -$226.0M $177.0M
Cash From Investing Activities -$201.0M -$212.0M
Cash From Financing Activities -$75.00M $0.00
Net Change In Cash -$506.0M -$43.00M
YoY Change 1076.74% -203.05%
FREE CASH FLOW
Cash From Operating Activities -$226.0M $177.0M
Capital Expenditures $40.00M $24.00M
Free Cash Flow -$266.0M $153.0M
YoY Change -273.86% -148.38%

Facts In Submission

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