2010 Form 10-K Financial Statement
#000119312511050547 Filed on March 01, 2011
Income Statement
| Concept | 2010 | 2009 | 2008 |
|---|---|---|---|
| Revenue | $4.185B | $3.046B | $2.987B |
| YoY Change | 37.4% | 1.95% | 11.16% |
| Cost Of Revenue | $2.700B | $1.991B | $1.938B |
| YoY Change | 35.59% | 2.72% | 19.27% |
| Gross Profit | $1.485B | $1.055B | $1.049B |
| YoY Change | 40.82% | 0.53% | -1.27% |
| Gross Profit Margin | 35.49% | 34.63% | 35.12% |
| Selling, General & Admin | $391.3M | $380.6M | $441.1M |
| YoY Change | 2.8% | -13.72% | 24.6% |
| % of Gross Profit | 26.35% | 36.09% | 42.05% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $394.9M | $410.5M | $263.2M |
| YoY Change | -3.8% | 55.97% | 19.47% |
| % of Gross Profit | 26.59% | 38.92% | 25.09% |
| Operating Expenses | $391.3M | $819.6M | $736.8M |
| YoY Change | -52.26% | 11.24% | 16.01% |
| Operating Profit | $625.3M | $235.0M | $312.2M |
| YoY Change | 166.06% | -24.73% | -26.95% |
| Interest Expense | $222.9M | -$211.8M | -$181.3M |
| YoY Change | -205.22% | 16.82% | 77.4% |
| % of Operating Profit | 35.64% | -90.13% | -58.07% |
| Other Income/Expense, Net | -$288.2M | $200.0K | -$4.300M |
| YoY Change | -144204.5% | -104.65% | -960.0% |
| Pretax Income | $337.0M | $42.10M | $148.9M |
| YoY Change | 700.58% | -71.73% | -35.85% |
| Income Tax | $20.45M | $3.000M | -$61.60M |
| % Of Pretax Income | 6.07% | 7.13% | -41.37% |
| Net Earnings | $160.1M | $20.70M | $210.5M |
| YoY Change | 673.56% | -90.17% | 7.23% |
| Net Earnings / Revenue | 3.83% | 0.68% | 7.05% |
| Basic Earnings Per Share | $1.30 | ||
| Diluted Earnings Per Share | $1.29 | $172.2K | $1.924M |
| COMMON SHARES | |||
| Basic Shares Outstanding | 122.8M shares | ||
| Diluted Shares Outstanding | 123.9M shares |
Balance Sheet
| Concept | 2010 | 2009 | 2008 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $1.258B | $1.992B | $1.134B |
| YoY Change | -36.85% | 75.66% | -11.06% |
| Cash & Equivalents | $1.258B | $1.992B | $1.134B |
| Short-Term Investments | $0.00 | ||
| Other Short-Term Assets | $28.00M | $31.00M | $31.00M |
| YoY Change | -9.68% | 0.0% | -43.64% |
| Inventory | $87.00M | $107.0M | $121.0M |
| Prepaid Expenses | |||
| Receivables | $159.0M | $121.0M | $112.0M |
| Other Receivables | $28.00M | $32.00M | $13.00M |
| Total Short-Term Assets | $1.561B | $2.283B | $1.411B |
| YoY Change | -31.63% | 61.8% | -10.81% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $4.921B | $5.062B | $5.119B |
| YoY Change | -2.79% | -1.11% | 29.92% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $4.000M | $4.000M | $5.000M |
| YoY Change | 0.0% | -20.0% | -16.67% |
| Other Assets | $148.0M | $188.0M | $172.0M |
| YoY Change | -21.28% | 9.3% | -75.84% |
| Total Long-Term Assets | $5.113B | $5.299B | $5.345B |
| YoY Change | -3.51% | -0.86% | 13.31% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $1.561B | $2.283B | $1.411B |
| Total Long-Term Assets | $5.113B | $5.299B | $5.345B |
| Total Assets | $6.674B | $7.582B | $6.756B |
| YoY Change | -11.98% | 12.23% | 7.26% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $168.0M | $136.0M | $232.0M |
| YoY Change | 23.53% | -41.38% | 26.78% |
| Accrued Expenses | $331.0M | $215.0M | $199.0M |
| YoY Change | 53.95% | 8.04% | 0.0% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $3.000M | $3.000M | $3.000M |
| YoY Change | 0.0% | 0.0% | 0.0% |
| Total Short-Term Liabilities | $888.0M | $726.0M | $724.0M |
| YoY Change | 22.31% | 0.28% | 23.76% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $3.265B | $3.566B | $4.290B |
| YoY Change | -8.44% | -16.88% | 21.43% |
| Other Long-Term Liabilities | $64.00M | $129.0M | $131.0M |
| YoY Change | -50.39% | -1.53% | 63.75% |
| Total Long-Term Liabilities | $3.329B | $3.695B | $4.421B |
| YoY Change | -9.91% | -16.42% | 22.36% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $888.0M | $726.0M | $724.0M |
| Total Long-Term Liabilities | $3.329B | $3.695B | $4.421B |
| Total Liabilities | $4.437B | $4.547B | $5.154B |
| YoY Change | -2.42% | -11.78% | 18.46% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | |||
| YoY Change | |||
| Common Stock | |||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $2.238B | $3.034B | $1.602B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $6.674B | $7.582B | $6.756B |
| YoY Change | -11.98% | 12.23% | 7.26% |
Cashflow Statement
| Concept | 2010 | 2009 | 2008 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $160.1M | $20.70M | $210.5M |
| YoY Change | 673.56% | -90.17% | 7.23% |
| Depreciation, Depletion And Amortization | $394.9M | $410.5M | $263.2M |
| YoY Change | -3.8% | 55.97% | 19.47% |
| Cash From Operating Activities | $1.057B | $594.0M | $523.2M |
| YoY Change | 78.0% | 13.53% | -20.8% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $283.8M | -$540.9M | -$1.333B |
| YoY Change | -152.47% | -59.43% | 32.16% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$12.30M | -$10.20M | -$5.800M |
| YoY Change | 20.59% | 75.86% | -103.14% |
| Cash From Investing Activities | -$296.1M | -$551.1M | -$1.339B |
| YoY Change | -46.27% | -58.84% | 62.48% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | $1.192B | ||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | $2.552B | ||
| YoY Change | |||
| Cash From Financing Activities | -1.493B | 815.5M | 667.6M |
| YoY Change | -283.03% | 22.15% | 2.41% |
| NET CHANGE | |||
| Cash From Operating Activities | 1.057B | 594.0M | 523.2M |
| Cash From Investing Activities | -296.1M | -551.1M | -1.339B |
| Cash From Financing Activities | -1.493B | 815.5M | 667.6M |
| Net Change In Cash | -731.4M | 858.4M | -148.2M |
| YoY Change | -185.21% | -679.22% | -130.34% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $1.057B | $594.0M | $523.2M |
| Capital Expenditures | $283.8M | -$540.9M | -$1.333B |
| Free Cash Flow | $773.5M | $1.135B | $1.856B |
| YoY Change | -31.85% | -38.87% | 11.2% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2010 | wynn |
Value Of Goods Contingently Subject To Use Taxes
ValueOfGoodsContingentlySubjectToUseTaxes
|
5400000 | |
| CY2008 | us-gaap |
Revenues
Revenues
|
2987324000 | |
| CY2009 | us-gaap |
Revenues
Revenues
|
3045611000 | |
| CY2010 | us-gaap |
Revenues
Revenues
|
4184698000 | |
| CY2008 | wynn |
Adjusted Property Ebitda
AdjustedPropertyEbitda
|
738732000 | |
| CY2009 | wynn |
Adjusted Property Ebitda
AdjustedPropertyEbitda
|
746152000 | |
| CY2010 | wynn |
Adjusted Property Ebitda
AdjustedPropertyEbitda
|
1162985000 |
