2024 Q3 Form 10-Q Financial Statement

#000010726324000077 Filed on August 05, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $2.653B $2.336B
YoY Change 3.67% -5.92%
Cost Of Revenue $524.0M $441.0M
YoY Change 1.75% -5.16%
Gross Profit $2.129B $1.895B
YoY Change 4.16% -6.1%
Gross Profit Margin 80.25% 81.12%
Selling, General & Admin $170.0M $164.0M
YoY Change 16.44% -74.41%
% of Gross Profit 7.98% 8.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $566.0M $540.0M
YoY Change 8.64% 4.85%
% of Gross Profit 26.59% 28.5%
Operating Expenses $170.0M $164.0M
YoY Change 16.44% -85.7%
Operating Profit $838.0M $696.0M
YoY Change -15.69% -20.09%
Interest Expense $99.00M $339.0M
YoY Change -68.47% -354.89%
% of Operating Profit 11.81% 48.71%
Other Income/Expense, Net $31.00M $33.00M
YoY Change 3.33% 73.68%
Pretax Income $968.0M $555.0M
YoY Change 12.43% -26.59%
Income Tax $227.0M $129.0M
% Of Pretax Income 23.45% 23.24%
Net Earnings $706.0M $401.0M
YoY Change 7.95% -12.83%
Net Earnings / Revenue 26.61% 17.17%
Basic Earnings Per Share $0.58 $0.33
Diluted Earnings Per Share $0.58 $0.33
COMMON SHARES
Basic Shares Outstanding 1.219B shares 1.219B shares
Diluted Shares Outstanding 1.223B shares 1.222B shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $762.0M $55.00M
YoY Change -63.26% -90.02%
Cash & Equivalents $762.0M $55.00M
Short-Term Investments
Other Short-Term Assets $208.0M $170.0M
YoY Change -18.11% -63.6%
Inventory $275.0M $274.0M
Prepaid Expenses
Receivables $1.310B $1.398B
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.698B $2.115B
YoY Change -36.61% -19.86%
LONG-TERM ASSETS
Property, Plant & Equipment $37.97B $36.70B
YoY Change 16.38% 13.47%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $4.201B $4.612B
YoY Change -15.95% -8.6%
Other Assets $1.659B $1.578B
YoY Change 14.65% 11.05%
Total Long-Term Assets $51.14B $50.29B
YoY Change 9.9% 8.42%
TOTAL ASSETS
Total Short-Term Assets $2.698B $2.115B
Total Long-Term Assets $51.14B $50.29B
Total Assets $53.84B $52.41B
YoY Change 6.0% 6.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.137B $1.192B
YoY Change -16.27% 4.01%
Accrued Expenses $1.203B $1.229B
YoY Change 3.17% 0.9%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $630.0M
YoY Change
Long-Term Debt Due $2.284B $1.536B
YoY Change -20.67% -46.61%
Total Short-Term Liabilities $4.719B $4.696B
YoY Change -14.6% -12.78%
LONG-TERM LIABILITIES
Long-Term Debt $24.83B $24.10B
YoY Change 9.02% 11.91%
Other Long-Term Liabilities $5.116B $4.764B
YoY Change 10.0% 4.13%
Total Long-Term Liabilities $29.94B $28.86B
YoY Change 9.18% 10.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.719B $4.696B
Total Long-Term Liabilities $29.94B $28.86B
Total Liabilities $41.41B $40.11B
YoY Change 6.33% 7.41%
SHAREHOLDERS EQUITY
Retained Earnings -$12.30B -$12.42B
YoY Change -4.5% -4.34%
Common Stock $25.87B $25.85B
YoY Change 0.2% 0.21%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.180B $1.180B
YoY Change 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $12.43B $12.30B
YoY Change
Total Liabilities & Shareholders Equity $53.84B $52.41B
YoY Change 6.0% 6.9%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $706.0M $401.0M
YoY Change 7.95% -12.83%
Depreciation, Depletion And Amortization $566.0M $540.0M
YoY Change 8.64% 4.85%
Cash From Operating Activities $1.243B $1.279B
YoY Change 0.73% -7.12%
INVESTING ACTIVITIES
Capital Expenditures $728.0M $606.0M
YoY Change 3.7% -2.88%
Acquisitions
YoY Change
Other Investing Activities -$9.000M -$14.00M
YoY Change -102.51% -44.0%
Cash From Investing Activities -$737.0M -$620.0M
YoY Change 114.87% -4.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 201.0M -1.271B
YoY Change -68.2% 94.34%
NET CHANGE
Cash From Operating Activities 1.243B 1.279B
Cash From Investing Activities -737.0M -620.0M
Cash From Financing Activities 201.0M -1.271B
Net Change In Cash 707.0M -612.0M
YoY Change -53.58% -927.03%
FREE CASH FLOW
Cash From Operating Activities $1.243B $1.279B
Capital Expenditures $728.0M $606.0M
Free Cash Flow $515.0M $673.0M
YoY Change -3.2% -10.62%

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0000107263-24-000077.txt Edgar Link pending
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