2023 Q4 Form 10-Q Financial Statement

#000117492223000160 Filed on November 09, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $1.840B $1.672B
YoY Change 83.14% 87.92%
Cost Of Revenue $1.023B $958.9M
YoY Change 60.78% 69.43%
Gross Profit $817.3M $713.0M
YoY Change 121.74% 120.21%
Gross Profit Margin 44.41% 42.65%
Selling, General & Admin $283.1M $268.4M
YoY Change 1.43% 33.37%
% of Gross Profit 34.64% 37.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $176.5M $156.0M
YoY Change 2.46% -3.53%
% of Gross Profit 21.6% 21.88%
Operating Expenses $459.6M $268.4M
YoY Change 1.82% 33.37%
Operating Profit $357.7M $62.60M
YoY Change -532.13% -218.12%
Interest Expense -$91.67M $188.6M
YoY Change -42.19% 14.09%
% of Operating Profit -25.63% 301.26%
Other Income/Expense, Net $8.315M -$185.9M
YoY Change -73.93% 21.17%
Pretax Income $274.4M -$123.3M
YoY Change -1099.12% -40.27%
Income Tax -$499.4M -$2.749M
% Of Pretax Income -182.02%
Net Earnings $729.2M -$116.7M
YoY Change 2149.72% -18.35%
Net Earnings / Revenue 39.62% -6.98%
Basic Earnings Per Share -$1.03
Diluted Earnings Per Share $6.51 -$1.03
COMMON SHARES
Basic Shares Outstanding 112.9M shares 113.9M shares
Diluted Shares Outstanding 112.8M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.724B $3.580B
YoY Change 2.03% 84.2%
Cash & Equivalents $2.879B $2.788B
Short-Term Investments $845.2M $792.0M
Other Short-Term Assets $99.98M $127.0M
YoY Change 7.48% 25.05%
Inventory $75.55M $75.07M
Prepaid Expenses
Receivables $233.2M $161.0M
Other Receivables $108.5M $88.00M
Total Short-Term Assets $4.242B $4.031B
YoY Change 5.26% 73.5%
LONG-TERM ASSETS
Property, Plant & Equipment $6.688B $6.731B
YoY Change -3.01% -20.8%
Goodwill $18.46M $18.47M
YoY Change -79.6% -79.6%
Intangibles
YoY Change
Long-Term Investments $90.90M
YoY Change 127.82%
Other Assets $312.4M $317.0M
YoY Change 18.66% 55.26%
Total Long-Term Assets $9.755B $9.305B
YoY Change 3.93% -1.6%
TOTAL ASSETS
Total Short-Term Assets $4.242B $4.031B
Total Long-Term Assets $9.755B $9.305B
Total Assets $14.00B $13.34B
YoY Change 4.33% 13.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $208.3M $187.9M
YoY Change 5.46% 35.03%
Accrued Expenses $739.3M $697.0M
YoY Change 31.96% 35.71%
Deferred Revenue $543.3M $517.1M
YoY Change 7.34% 18.56%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $709.6M $112.1M
YoY Change 29.6% -79.47%
Total Short-Term Liabilities $2.200B $1.514B
YoY Change 21.48% -7.4%
LONG-TERM LIABILITIES
Long-Term Debt $11.03B $11.68B
YoY Change -4.67% 0.94%
Other Long-Term Liabilities $236.2M $237.6M
YoY Change 296.53% 278.69%
Total Long-Term Liabilities $11.26B $11.92B
YoY Change -3.13% 2.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.200B $1.514B
Total Long-Term Liabilities $11.26B $11.92B
Total Liabilities $15.10B $15.05B
YoY Change 0.28% 12.48%
SHAREHOLDERS EQUITY
Retained Earnings -$2.067B -$2.768B
YoY Change -23.78% 0.86%
Common Stock $1.330M $1.330M
YoY Change 0.53% 0.68%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.836B $1.695B
YoY Change 13.08% 4.95%
Treasury Stock Shares
Shareholders Equity -$251.4M -$821.8M
YoY Change
Total Liabilities & Shareholders Equity $14.00B $13.34B
YoY Change 4.33% 13.22%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $729.2M -$116.7M
YoY Change 2149.72% -18.35%
Depreciation, Depletion And Amortization $176.5M $156.0M
YoY Change 2.46% -3.53%
Cash From Operating Activities $441.3M $275.9M
YoY Change 439.69% 6151.98%
INVESTING ACTIVITIES
Capital Expenditures $114.9M $134.1M
YoY Change 68.11% -251.09%
Acquisitions
YoY Change
Other Investing Activities -$49.36M -$500.0M
YoY Change -102.9% -109749.12%
Cash From Investing Activities -$164.1M -$634.1M
YoY Change -110.05% 618.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -191.3M -509.1M
YoY Change 477.63% -417.5%
NET CHANGE
Cash From Operating Activities 441.3M 275.9M
Cash From Investing Activities -164.1M -634.1M
Cash From Financing Activities -191.3M -509.1M
Net Change In Cash 85.84M -867.3M
YoY Change -94.89% -1234.33%
FREE CASH FLOW
Cash From Operating Activities $441.3M $275.9M
Capital Expenditures $114.9M $134.1M
Free Cash Flow $326.4M $141.8M
YoY Change 2330.04% 52.19%

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CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-123290000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-206401000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
11014000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-672575000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2749000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1390000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2574000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3248000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
-120541000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
-207791000 usd
us-gaap Profit Loss
ProfitLoss
8440000 usd
us-gaap Profit Loss
ProfitLoss
-675823000 usd
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-3863000 usd
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-64899000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
7602000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-219556000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-116678000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-142892000 usd
us-gaap Net Income Loss
NetIncomeLoss
838000 usd
us-gaap Net Income Loss
NetIncomeLoss
-456267000 usd
CY2023Q3 wynn Project Abandonment Costs Contract Termination Liabilities
ProjectAbandonmentCostsContractTerminationLiabilities
97700000 usd
wynn Project Abandonment Costs Contract Termination Liabilities
ProjectAbandonmentCostsContractTerminationLiabilities
97700000 usd
CY2023Q3 us-gaap Assets
Assets
13336261000 usd
CY2022Q4 us-gaap Assets
Assets
13415100000 usd
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

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wynn-20230930_cal.xml Edgar Link unprocessable
wynn-20230930_def.xml Edgar Link unprocessable
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0001174922-23-000160-index.html Edgar Link pending
0001174922-23-000160.txt Edgar Link pending
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ex311-ceoscertificationxq3.htm Edgar Link pending
ex312-cfoscertificationxq3.htm Edgar Link pending
ex32ceoandcfocertification.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
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report.css Edgar Link pending
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wynn-20230930.htm Edgar Link pending
wynn-20230930.xsd Edgar Link pending
wynn-20230930_lab.xml Edgar Link unprocessable
wynn-20230930_pre.xml Edgar Link unprocessable
wynn-20230930_htm.xml Edgar Link completed