2024 Q2 Form 10-Q Financial Statement

#000079307424000037 Filed on May 09, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $760.8M $769.1M
YoY Change -6.2% -7.64%
Cost Of Revenue $134.0M $139.4M
YoY Change -6.11% -12.68%
Gross Profit $626.8M $629.7M
YoY Change -6.22% -6.45%
Gross Profit Margin 82.39% 81.87%
Selling, General & Admin $531.7M $535.6M
YoY Change -3.39% -3.53%
% of Gross Profit 84.82% 85.05%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $72.67M $74.27M
YoY Change -2.97% -0.06%
% of Gross Profit 11.59% 11.79%
Operating Expenses $607.2M $614.1M
YoY Change -2.25% -0.9%
Operating Profit $19.61M $15.59M
YoY Change -58.45% -70.8%
Interest Expense -$7.450M $7.948M
YoY Change -191.53% -223.32%
% of Operating Profit -37.99% 50.99%
Other Income/Expense, Net -$30.00K -$6.273M
YoY Change -99.58% 89514.29%
Pretax Income $12.13M $9.315M
YoY Change -69.75% -80.15%
Income Tax $2.931M $3.067M
% Of Pretax Income 24.16% 32.93%
Net Earnings $9.465M $6.312M
YoY Change -68.32% -82.08%
Net Earnings / Revenue 1.24% 0.82%
Basic Earnings Per Share $0.15 $0.10
Diluted Earnings Per Share $0.15 $0.10
COMMON SHARES
Basic Shares Outstanding 63.41M shares 63.47M shares
Diluted Shares Outstanding 62.86M shares 63.73M shares

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $70.45M $60.34M
YoY Change 51.49% -53.44%
Cash & Equivalents $70.45M $60.34M
Short-Term Investments
Other Short-Term Assets $52.85M $64.51M
YoY Change -21.31% -13.83%
Inventory $16.29M $17.17M
Prepaid Expenses
Receivables $410.0M $417.5M
Other Receivables $28.09M $25.03M
Total Short-Term Assets $577.7M $597.3M
YoY Change -5.2% -15.84%
LONG-TERM ASSETS
Property, Plant & Equipment $1.960B $1.931B
YoY Change 0.81% 4.14%
Goodwill $129.1M $129.1M
YoY Change 0.0% 0.0%
Intangibles $81.44M $83.96M
YoY Change -11.0% -10.71%
Long-Term Investments
YoY Change
Other Assets $345.2M $337.2M
YoY Change 4.34% 2.54%
Total Long-Term Assets $2.516B $2.482B
YoY Change 0.8% 3.12%
TOTAL ASSETS
Total Short-Term Assets $577.7M $597.3M
Total Long-Term Assets $2.516B $2.482B
Total Assets $3.094B $3.079B
YoY Change -0.37% -1.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $142.2M $136.2M
YoY Change 18.72% 5.65%
Accrued Expenses $160.2M $22.20M
YoY Change 750.63% -84.62%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $10.00M $1.250M
YoY Change 166.67% -75.0%
Total Short-Term Liabilities $342.5M $314.1M
YoY Change 8.67% 3.54%
LONG-TERM LIABILITIES
Long-Term Debt $660.0M $596.3M
YoY Change 3.73% -13.11%
Other Long-Term Liabilities $289.5M $53.37M
YoY Change 418.74% -82.47%
Total Long-Term Liabilities $949.5M $649.6M
YoY Change 37.2% -34.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $342.5M $314.1M
Total Long-Term Liabilities $949.5M $649.6M
Total Liabilities $1.638B $1.522B
YoY Change 4.42% -7.5%
SHAREHOLDERS EQUITY
Retained Earnings $1.952B $1.951B
YoY Change 1.44% 2.52%
Common Stock $135.6M $133.5M
YoY Change 3.1% 3.63%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.455B $1.518B
YoY Change
Total Liabilities & Shareholders Equity $3.094B $3.079B
YoY Change -0.37% -1.2%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $9.465M $6.312M
YoY Change -68.32% -82.08%
Depreciation, Depletion And Amortization $72.67M $74.27M
YoY Change -2.97% -0.06%
Cash From Operating Activities $109.1M $88.59M
YoY Change -5.11% -46.91%
INVESTING ACTIVITIES
Capital Expenditures $140.3M $58.24M
YoY Change -29.69% -64.0%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $40.30M $38.83M
YoY Change -16.84% 19.34%
Cash From Investing Activities -$100.0M -$19.41M
YoY Change -33.81% -84.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $50.00M
YoY Change
Cash From Financing Activities 3.001M -$70.77M
YoY Change -106.26% 335.93%
NET CHANGE
Cash From Operating Activities 109.1M $88.59M
Cash From Investing Activities -100.0M -$19.41M
Cash From Financing Activities 3.001M -$70.77M
Net Change In Cash 12.07M -$1.386M
YoY Change -114.36% -106.2%
FREE CASH FLOW
Cash From Operating Activities $109.1M $88.59M
Capital Expenditures $140.3M $58.24M
Free Cash Flow -$31.23M $30.35M
YoY Change -63.09% 497.09%

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Files In Submission

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FilingSummary.xml Edgar Link unprocessable
0000793074-24-000037-index-headers.html Edgar Link pending
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