$ZBH
Zimmer Biomet Holdings Inc

2018 Q2 Form 10-Q Financial Statement

#000156459018019495 Filed on August 06, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $2.008B $1.950B
YoY Change 2.98% 0.8%
Cost Of Revenue $583.7M $527.7M
YoY Change 10.61% -17.56%
Gross Profit $1.274B $1.274B
YoY Change 0.02% 9.83%
Gross Profit Margin 63.48% 65.36%
Selling, General & Admin $791.3M $752.2M
YoY Change 5.2% 2.76%
% of Gross Profit 62.09% 59.04%
Research & Development $99.10M $92.60M
YoY Change 7.02% 4.51%
% of Gross Profit 7.78% 7.27%
Depreciation & Amortization $261.6M $264.1M
YoY Change -0.95% 4.68%
% of Gross Profit 20.53% 20.73%
Operating Expenses $890.4M $844.8M
YoY Change 5.4% -51.24%
Operating Profit $296.0M $280.1M
YoY Change 5.68% 38.94%
Interest Expense -$37.20M -$98.70M
YoY Change -62.31% -4.36%
% of Operating Profit -12.57% -35.24%
Other Income/Expense, Net -$2.900M -$1.700M
YoY Change 70.59% -114.05%
Pretax Income $217.8M $196.4M
YoY Change 10.9% 77.74%
Income Tax $32.90M $12.30M
% Of Pretax Income 15.11% 6.26%
Net Earnings $185.0M $184.2M
YoY Change 0.43% -688.5%
Net Earnings / Revenue 9.21% 9.45%
Basic Earnings Per Share $0.91 $0.91
Diluted Earnings Per Share $0.90 $0.90
COMMON SHARES
Basic Shares Outstanding 203.3M 201.8M
Diluted Shares Outstanding 204.6M 203.7M

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $481.0M $450.0M
YoY Change 6.89% -53.89%
Cash & Equivalents $481.2M $450.0M
Short-Term Investments
Other Short-Term Assets $500.0M $527.0M
YoY Change -5.12% 1.54%
Inventory $2.159B $2.024B
Prepaid Expenses
Receivables $1.335B $1.423B
Other Receivables $0.00 $0.00
Total Short-Term Assets $4.475B $4.424B
YoY Change 1.16% -12.4%
LONG-TERM ASSETS
Property, Plant & Equipment $1.987B $2.057B
YoY Change -3.43% 1.16%
Goodwill $10.60B $10.87B
YoY Change -2.48% 8.91%
Intangibles $7.997B $8.544B
YoY Change -6.41% 1.87%
Long-Term Investments
YoY Change
Other Assets $436.2M $568.2M
YoY Change -23.23% 8.56%
Total Long-Term Assets $21.02B $22.04B
YoY Change -4.63% 5.33%
TOTAL ASSETS
Total Short-Term Assets $4.475B $4.424B
Total Long-Term Assets $21.02B $22.04B
Total Assets $25.49B $26.46B
YoY Change -3.66% 1.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $355.7M $360.2M
YoY Change -1.25% 47.74%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $100.0M $1.329B
YoY Change -92.48% 165.86%
Total Short-Term Liabilities $1.854B $2.996B
YoY Change -38.14% 42.6%
LONG-TERM LIABILITIES
Long-Term Debt $9.413B $9.354B
YoY Change 0.63% -11.19%
Other Long-Term Liabilities $343.8M $919.8M
YoY Change -62.62% -4.5%
Total Long-Term Liabilities $9.757B $10.27B
YoY Change -5.03% -10.63%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.854B $2.996B
Total Long-Term Liabilities $9.757B $10.27B
Total Liabilities $13.45B $16.18B
YoY Change -16.89% -1.48%
SHAREHOLDERS EQUITY
Retained Earnings $10.33B $8.788B
YoY Change 17.53% 5.47%
Common Stock $8.600B $8.485B
YoY Change 1.36% 2.27%
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.722B $6.729B
YoY Change -0.11% -0.17%
Treasury Stock Shares $103.8M $104.0M
Shareholders Equity $12.04B $10.28B
YoY Change
Total Liabilities & Shareholders Equity $25.49B $26.46B
YoY Change -3.66% 1.88%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $185.0M $184.2M
YoY Change 0.43% -688.5%
Depreciation, Depletion And Amortization $261.6M $264.1M
YoY Change -0.95% 4.68%
Cash From Operating Activities $393.3M $440.5M
YoY Change -10.72% 16.04%
INVESTING ACTIVITIES
Capital Expenditures -$92.70M -$116.9M
YoY Change -20.7% -1.18%
Acquisitions
YoY Change
Other Investing Activities -$900.0K -$12.10M
YoY Change -92.56% -91.82%
Cash From Investing Activities -$93.60M -$129.0M
YoY Change -27.44% -51.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.571B -913.0M
YoY Change 72.05% 658.31%
NET CHANGE
Cash From Operating Activities 393.3M 440.5M
Cash From Investing Activities -93.60M -129.0M
Cash From Financing Activities -1.571B -913.0M
Net Change In Cash -1.271B -601.5M
YoY Change 111.32% 8492.86%
FREE CASH FLOW
Cash From Operating Activities $393.3M $440.5M
Capital Expenditures -$92.70M -$116.9M
Free Cash Flow $486.0M $557.4M
YoY Change -12.81% 11.95%

Facts In Submission

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