The Motley Fool

TOTAL ASSETS

	2017	2018
Total Assets	3.29 B	3.28 B

TOTAL LIABILITIES

Total Liabilities

1.94 B

1.87 B

TOTAL EQUITY

Total Equity

1.34 B

1.41 B

Balance Sheet

	2015	2016	2017	2018
ASSETS
CURRENT ASSETS
Cash And Equivalents	90.88 M	295.00 M	312.00 M	332.00 M
Receivables	95.43 M	653.00 M	682.00 M	770.00 M
Inventories	57.62 M	709.00 M	750.00 M	950.00 M
Other Current Assets	9.23 M	9.00 M	14.00 M	9.00 M
Total Current Assets	260.23 M	2.23 B	2.33 B	2.21 B
NON-CURRENT ASSETS
Property, Plant & Equipment, Gross	364.53 M	870.00 M	840.00 M	863.00 M
Accumulated Depreciation & Depletion	-	-	-	-
Property, Plant & Equipment, Net	191.98 M	315.00 M	287.00 M	305.00 M
Intangibles	2.63 M	86.00 M	79.00 M	83.00 M
Other Non-Current Assets	-	-	-	-
Total Non-Current Assets	-	-	-	-
TOTAL ASSETS	474.10 M	3.24 B	3.29 B	3.28 B
LIABILITIES
CURRENT LIABILITIES
Accounts Payable	55.48 M	275.00 M	341.00 M	431.00 M
Short Term Debt	0	27.00 M	21.00 M	41.00 M
Current Deferred Revenue	-	11.00 M	18.00 M	30.00 M
Other Current Liabilities	61.87 M	464.00 M	453.00 M	538.00 M
Total Current Liabilities	166.51 M	884.00 M	1.26 B	1.35 B
Non-Current Liabilities
Long Term Debt	220.38 M	767.00 M	554.00 M	383.00 M
Deferred Income Taxes	-	-	-	-
Other Current Liabilities	-	-	-	-
Minority Interest	-	8.00 M	7.00 M	10.00 M
TOTAL LIABILITIES	536.43 M	1.80 B	1.94 B	1.87 B
SHAREHOLDER EQUITY
Preferred Stock Equity	-	-	-	-
Common Stock Equity	411.00 K	141.00 M	141.00 M	141.00 M
Additional Paid In Capital	124.62 M	-	-	-
Retained Earnings	(96.21 M)	1.04 B	988.00 M	1.06 B
Treasury Stock	(90.92 M)	-	-	-
Other Equity Adjustments	(231.00 K)	251.00 M	215.00 M	201.00 M
TOTAL EQUITY	(62.33 M)	1.43 B	1.34 B	1.41 B
TOTAL LIABILITIES & STOCK EQUITY	-	-	-	-

TOTAL ASSETS

	2018-12-31	2019-03-31
Total Assets	3.28 B	3.52 B

TOTAL LIABILITIES

Total Liabilities

1.87 B

2.04 B

TOTAL EQUITY

Total Equity

1.41 B

1.49 B

Balance Sheet

	Jun 2018	Sep 2018	Dec 2018	Mar 2019
ASSETS
CURRENT ASSETS
Cash And Equivalents	335.00 M	393.00 M	332.00 M	426.00 M
Receivables	821.00 M	813.00 M	834.00 M	855.00 M
Inventories	857.00 M	906.00 M	950.00 M	984.00 M
Other Current Assets	1.00 M	(1.00 M)	(1.00 M)	(1.00 M)
Total Current Assets	2.10 B	2.15 B	2.21 B	2.33 B
NON-CURRENT ASSETS
Property, Plant & Equipment, Gross	-	-	-	-
Accumulated Depreciation & Depletion	-	-	-	-
Property, Plant & Equipment, Net	284.00 M	280.00 M	305.00 M	434.00 M
Intangibles	72.00 M	75.00 M	83.00 M	78.00 M
Other Non-Current Assets	-	-	-	-
Total Non-Current Assets	-	-	-	-
TOTAL ASSETS	3.05 B	3.12 B	3.28 B	3.52 B
LIABILITIES
CURRENT LIABILITIES
Accounts Payable	582.00 M	612.00 M	431.00 M	427.00 M
Short Term Debt	15.00 M	21.00 M	41.00 M	0
Current Deferred Revenue	17.00 M	18.00 M	30.00 M	34.00 M
Other Current Liabilities	454.00 M	463.00 M	702.00 M	742.00 M
Total Current Liabilities	1.08 B	1.10 B	1.35 B	1.41 B
Non-Current Liabilities
Long Term Debt	559.00 M	555.00 M	383.00 M	475.00 M
Deferred Income Taxes	-	-	-	-
Other Current Liabilities	-	-	-	-
Minority Interest	7.00 M	7.00 M	10.00 M	11.00 M
TOTAL LIABILITIES	1.77 B	1.78 B	1.87 B	2.04 B
SHAREHOLDER EQUITY
Preferred Stock Equity	-	-	-	-
Common Stock Equity	141.00 M	141.00 M	141.00 M	141.00 M
Additional Paid In Capital	-	-	-	-
Retained Earnings	939.00 M	999.00 M	1.06 B	1.14 B
Treasury Stock	-	-	-	-
Other Equity Adjustments	202.00 M	197.00 M	201.00 M	208.00 M
TOTAL EQUITY	1.28 B	1.34 B	1.41 B	1.49 B
TOTAL LIABILITIES & STOCK EQUITY	-	-	-	-

TOTAL REVENUES

	2017	2018
Total Revenue	2.70 B	3.17 B

EBT EXCLUDING UNUSUAL ITEMS

EBT Exc. Unusual Items

82.00 M

92.00 M

NET INCOME

Net Income

102.00 M

230.00 M

Income Statement

	2015	2016	2017	2018
Revenue	2.98 B	2.59 B	2.70 B	3.17 B
Cost Of Goods Sold	2.06 B	1.85 B	1.97 B	2.26 B
Gross Profit	916.00 M	737.00 M	731.00 M	916.00 M
OPERATING EXPENSES
Selling, General, & Administrative Expenses	528.00 M	457.00 M	460.00 M	483.00 M
Research & Development	41.00 M	34.00 M	26.00 M	38.00 M
Other Expenses	6.00 M	1.00 M	1.00 M	3.00 M
Interest Income	(252.00 M)	(9.00 M)	2.00 M	(1.00 M)
Operating Profit	556.00 M	227.00 M	218.00 M	351.00 M
INCOME FROM CONTINUING OPERATIONS
Interest Expense	(25.00 M)	(24.00 M)	(20.00 M)	(20.00 M)
Pre-Tax Income	74.00 M	58.00 M	82.00 M	92.00 M
Income Taxes	442.00 M	130.00 M	102.00 M	229.00 M
Other Income - Net	442.00 M	130.00 M	102.00 M	230.00 M
Special Income / Charges	-	-	-	-
Net Income from Continuing Operations	442.00 M	130.00 M	102.00 M	230.00 M
Minority Interest	0	0	0	1.00 M
TOTAL NET INCOME	442.00 M	130.00 M	102.00 M	230.00 M

TOTAL REVENUES

	2018-12-31	2019-03-31
Total Revenue	897.00 M	836.00 M

EBT EXCLUDING UNUSUAL ITEMS

EBT Exc. Unusual Items

22.00 M

26.00 M

NET INCOME

Net Income

63.00 M

64.00 M

Income Statement

	Jun 2018	Sep 2018	Dec 2018	Mar 2019
Revenue	776.00 M	786.00 M	897.00 M	836.00 M
Cost Of Goods Sold	543.00 M	559.00 M	649.00 M	584.00 M
Gross Profit	233.00 M	227.00 M	248.00 M	252.00 M
OPERATING EXPENSES
Selling, General, & Administrative Expenses	134.00 M	132.00 M	150.00 M	146.00 M
Research & Development	-	-	-	-
Other Expenses	13.00 M	4.00 M	5.00 M	6.00 M
Interest Income	-	-	-	-
Operating Profit	86.00 M	91.00 M	93.00 M	100.00 M
INCOME FROM CONTINUING OPERATIONS
Interest Expense	(5.00 M)	(6.00 M)	(9.00 M)	(9.00 M)
Pre-Tax Income	24.00 M	25.00 M	22.00 M	26.00 M
Income Taxes	57.00 M	60.00 M	62.00 M	64.00 M
Other Income - Net	57.00 M	60.00 M	63.00 M	64.00 M
Special Income / Charges	-	-	-	-
Net Income from Continuing Operations	57.00 M	60.00 M	63.00 M	64.00 M
Minority Interest	0	0	1.00 M	0
TOTAL NET INCOME	57.00 M	60.00 M	63.00 M	64.00 M

CASH FROM OPERATIONS

	2017	2018
Cash From Operations	-20.25 M	177.00 M

CASH FROM INVESTING ACTIVITIES

Cash From Activities

-35.37 M

-143.00 M

CASH FROM FINANCING ACTIVITIES

Cash From Fin. Activities

72.69 M

-428.00 M

Cash Flow Statement

	2016	2017	2017	2018
Net Income	(29.62 M)	102.00 M	84.94 M	229.00 M
Depreciation & Amortization	25.42 M	59.00 M	28.15 M	58.00 M
Amortization	-	-	-	-
Deferred Income Taxes	-	-	-	-
Non Cash Operations	-	-	-	-
Changes Working Capital	(16.62 M)	(106.00 M)	(67.47 M)	(232.00 M)
Cash from Operating Activities	9.37 M	185.00 M	(20.25 M)	177.00 M
Capital Expenditures	(19.78 M)	(38.00 M)	(33.87 M)	(67.00 M)
Other Investing Cash Flow Items	20.82 M	(28.00 M)	(1.50 M)	(76.00 M)
Cash from Investing Activities	1.04 M	(66.00 M)	(35.37 M)	(143.00 M)
Financing Cash Flow Items	0	(36.00 M)	(5.90 M)	1.00 M
Total Cash Dividends Paid	-	(157.00 M)	-	(157.00 M)
Issuance (Retirement) of Stock, Net	1.73 M	-	(7.66 M)	-
Issuance (Retirement) of Debt, Net	0	59.00 M	86.25 M	(272.00 M)
Cash from Financing Activities	1.73 M	(134.00 M)	72.69 M	(428.00 M)
Foreign Exchange Effectss	(1.42 M)	(12.00 M)	9.90 M	(6.00 M)
Cash Dividends Paid	-	(157.00 M)	-	(157.00 M)
Net Change In Cash	10.72 M	(27.00 M)	26.97 M	(400.00 M)
Cash Interest Paid	-	-	-	-
Cash Taxes Paid	693.00 K	64.00 M	1.03 M	87.00 M

CASH FROM OPERATIONS

	2019-03-31	2019-03-31
Cash From Operations	11.00 M	45.00 M

CASH FROM INVESTING ACTIVITIES

Cash From Activities

-11.00 M

-10.00 M

CASH FROM FINANCING ACTIVITIES

Cash From Fin. Activities

-5.00 M

24.00 M

Cash Flow Statement

	Sep 2018	Dec 2018	Mar 2019	Mar 2019
Net Income	166.00 M	229.00 M	50.00 M	65.00 M
Depreciation & Amortization	43.00 M	58.00 M	14.00 M	22.00 M
Amortization	-	-	-	-
Deferred Income Taxes	-	-	-	-
Non Cash Operations	-	-	-	-
Changes Working Capital	(188.00 M)	(232.00 M)	(84.00 M)	(78.00 M)
Cash from Operating Activities	108.00 M	177.00 M	11.00 M	45.00 M
Capital Expenditures	(39.00 M)	(67.00 M)	(13.00 M)	(19.00 M)
Other Investing Cash Flow Items	(22.00 M)	(76.00 M)	2.00 M	9.00 M
Cash from Investing Activities	(61.00 M)	(143.00 M)	(11.00 M)	(10.00 M)
Financing Cash Flow Items	117.00 M	1.00 M	0	31.00 M
Total Cash Dividends Paid	(157.00 M)	(157.00 M)	0	0
Issuance (Retirement) of Stock, Net	-	-	-	-
Issuance (Retirement) of Debt, Net	(281.00 M)	(272.00 M)	(5.00 M)	(7.00 M)
Cash from Financing Activities	(321.00 M)	(428.00 M)	(5.00 M)	24.00 M
Foreign Exchange Effectss	(6.00 M)	(6.00 M)	(2.00 M)	3.00 M
Cash Dividends Paid	(157.00 M)	(157.00 M)	0	0
Net Change In Cash	(280.00 M)	(400.00 M)	(7.00 M)	62.00 M
Cash Interest Paid	-	-	-	-
Cash Taxes Paid	71.00 M	87.00 M	38.00 M	18.00 M