2022 Q1 Form 10-Q Financial Statement
#000010714022000007 Filed on March 09, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $515.9M | $482.9M |
| YoY Change | 6.83% | 3.38% |
| Cost Of Revenue | $172.9M | $157.6M |
| YoY Change | 9.69% | 2.41% |
| Gross Profit | $343.0M | $325.3M |
| YoY Change | 5.43% | 3.86% |
| Gross Profit Margin | 66.48% | 67.36% |
| Selling, General & Admin | $275.5M | $251.2M |
| YoY Change | 9.65% | 2.26% |
| % of Gross Profit | 80.32% | 77.23% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $44.79M | $121.9M |
| YoY Change | -63.27% | 179.14% |
| % of Gross Profit | 13.06% | 37.48% |
| Operating Expenses | $296.5M | $270.3M |
| YoY Change | 9.71% | 10.01% |
| Operating Profit | $46.44M | $34.40M |
| YoY Change | 34.99% | -29.07% |
| Interest Expense | -$2.770M | -$6.935M |
| YoY Change | -60.06% | -209.92% |
| % of Operating Profit | -5.97% | -20.16% |
| Other Income/Expense, Net | $2.821M | |
| YoY Change | ||
| Pretax Income | $43.22M | $27.39M |
| YoY Change | 57.78% | -38.68% |
| Income Tax | $7.853M | $5.231M |
| % Of Pretax Income | 18.17% | 19.1% |
| Net Earnings | $35.37M | $22.20M |
| YoY Change | 59.31% | -37.29% |
| Net Earnings / Revenue | 6.86% | 4.6% |
| Basic Earnings Per Share | $0.63 | $0.40 |
| Diluted Earnings Per Share | $627.2K | $0.39 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 55.70M shares | |
| Diluted Shares Outstanding | 56.39M shares |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $109.4M | $91.32M |
| YoY Change | 19.85% | -22.21% |
| Cash & Equivalents | $109.4M | $91.32M |
| Short-Term Investments | ||
| Other Short-Term Assets | $74.41M | $84.77M |
| YoY Change | -12.21% | 19.22% |
| Inventory | $39.73M | $40.69M |
| Prepaid Expenses | ||
| Receivables | $268.0M | $278.9M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $491.6M | $495.7M |
| YoY Change | -0.84% | -7.01% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $390.1M | $284.6M |
| YoY Change | 37.06% | -35.22% |
| Goodwill | $1.326B | $1.297B |
| YoY Change | 2.23% | 5.77% |
| Intangibles | $970.9M | $1.025B |
| YoY Change | -5.27% | 10.69% |
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $118.5M | $106.5M |
| YoY Change | 11.31% | 4.31% |
| Total Long-Term Assets | $2.886B | $2.931B |
| YoY Change | -1.51% | 4.98% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $491.6M | $495.7M |
| Total Long-Term Assets | $2.886B | $2.931B |
| Total Assets | $3.378B | $3.426B |
| YoY Change | -1.41% | 3.06% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $76.74M | $72.94M |
| YoY Change | 5.22% | 14.32% |
| Accrued Expenses | $356.5M | $349.0M |
| YoY Change | 2.14% | 8.96% |
| Deferred Revenue | $398.5M | |
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $15.63M | $12.50M |
| YoY Change | 25.0% | 60.26% |
| Total Short-Term Liabilities | $821.5M | $842.1M |
| YoY Change | -2.45% | 3.39% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $902.0M | $948.2M |
| YoY Change | -4.87% | 20.09% |
| Other Long-Term Liabilities | $96.59M | $86.75M |
| YoY Change | 11.35% | -76.96% |
| Total Long-Term Liabilities | $96.59M | $1.035B |
| YoY Change | -90.67% | 31.08% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $821.5M | $842.1M |
| Total Long-Term Liabilities | $96.59M | $1.035B |
| Total Liabilities | $918.1M | $2.363B |
| YoY Change | -61.14% | 11.06% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $1.828B | |
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | $789.1M | |
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $1.120B | $1.064B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $3.378B | $3.426B |
| YoY Change | -1.41% | 3.06% |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $35.37M | $22.20M |
| YoY Change | 59.31% | -37.29% |
| Depreciation, Depletion And Amortization | $44.79M | $121.9M |
| YoY Change | -63.27% | 179.14% |
| Cash From Operating Activities | $234.1M | $154.8M |
| YoY Change | 51.21% | -17.82% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$25.09M | -$76.70M |
| YoY Change | -67.29% | -458.41% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$64.39M | -$315.7M |
| YoY Change | -79.6% | 142.65% |
| Cash From Investing Activities | -$89.48M | -$392.4M |
| YoY Change | -77.2% | 159.01% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -133.9M | 115.8M |
| YoY Change | -215.63% | -507.9% |
| NET CHANGE | ||
| Cash From Operating Activities | 234.1M | 154.8M |
| Cash From Investing Activities | -89.48M | -392.4M |
| Cash From Financing Activities | -133.9M | 115.8M |
| Net Change In Cash | 10.68M | -121.7M |
| YoY Change | -108.77% | -1532.05% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $234.1M | $154.8M |
| Capital Expenditures | -$25.09M | -$76.70M |
| Free Cash Flow | $259.2M | $231.5M |
| YoY Change | 11.95% | 38.64% |
Facts In Submission
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