Mednax Inc
Buy, Hold or Sell?

Let's analyse Mednax Inc together

Penke I guess you are interested in Mednax Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Mednax Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Mednax Inc (30 sec.)

What can you expect buying and holding a share of Mednax Inc? (30 sec.)

How much money do you get?

$3.02

When do you have the money?

1 year

How often do you get paid?

52.5%

What is your share worth?

Current worth

$10.10

Expected worth in 1 year

$9.60

How sure are you?

85.0%

+ What do you gain per year?

Total Gains per Share

$2.52

Return On Investment

27.4%

For what price can you sell your share?

Current Price per Share

$9.17

Expected price per share

$8.55 - $13.01

How sure are you?

50%

1. Valuation of Mednax Inc (5 min.)

Live pricePrice per Share (EOD)

$9.17

Book Value per Share

$10.10

Intrinsic Value Per Share

$-0.23 - $77.50

Total Value Per Share

$9.87 - $87.60

My calculation of the intrinsic value of Mednax Inc is based how much money is coming from the company's main activities (Free Cash Flow).

The following numbers are based on moving averages and per share and per quarter.
I use a 6% discount rate for the low estimation and 3% for the high estimation.
The current Free Cash Flow Per Share is 10Y: ($0.72) 3Y: ($0.28) TTM: ($0.31)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($-0.02) 3Y: ($0.08) TTM: ($-0.09)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$0.94	$3.60	$0.88 - $4.14
2	$1.60	$8.29	$0.63 - $5.39
3	$2.00	$14.00	$0.38 - $6.64
4	$2.18	$20.66	$0.13 - $7.89
5	$2.16	$28.21	$-0.12 - $9.14
6	$1.97	$36.61	$-0.37 - $10.38
7	$1.61	$45.79	$-0.62 - $11.63
8	$1.11	$55.69	$-0.87 - $12.88
9	$0.49	$66.28	$-1.12 - $14.13
10	$-0.23	$77.50	$-1.37 - $15.38

2. Growth of Mednax Inc (5 min.)

Is Mednax Inc growing?

	Current year	Previous year	Grow	Grow %
How rich?	$849m	$868.2m	$49m	5.4%

How much money is Mednax Inc making?

	Current year	Previous year	Grow	Grow %
Making money	-$10.3m	$16.6m	-$27m	-260.3%
Net Profit Margin	-2.1%	3.3%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of Mednax Inc (5 min.)

4. Comparing to competitors in the Medical Care Facilities industry (5 min.)

Industry Rankings (Medical Care Facilities)

Richest
#34 / 187

Most Revenue
#42 / 187

Most Profit
#158 / 187

Most Efficient
#132 / 187

What can you expect buying and holding a share of Mednax Inc? (5 min.)

Welcome investor! Mednax Inc's management wants to use your money to grow the business. In return you get a share of Mednax Inc.

What can you expect buying and holding a share of Mednax Inc?

First you should know what it really means to hold a share of Mednax Inc. And how you can make/lose money.

Speculation

The Price per Share of Mednax Inc is $9.17. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

The fundamentals: the financial health trends of Mednax Inc.
The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Mednax Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $10.10. Based on the TTM, the Book Value Change Per Share is $-0.13 per quarter. Based on the YOY, the Book Value Change Per Share is $0.06 per quarter.
You may receive quarterly/yearly dividend in the form of additional shares.
You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.76 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Mednax Inc.

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share
Usd Eps	-1.48	-16.1%	-0.18	-2.0%	0.20	2.1%	-1.28	-14.0%	-0.23	-2.5%
Usd Book Value Change Per Share	-1.42	-15.4%	-0.13	-1.4%	0.06	0.6%	-1.24	-13.6%	-0.33	-3.6%
Usd Dividend Per Share	0.00	0.0%	0.76	8.2%	0.00	0.0%	1.80	19.6%	2.23	24.3%
Usd Total Gains Per Share	-1.42	-15.4%	0.63	6.9%	0.06	0.6%	0.55	6.0%	1.90	20.8%
Usd Price Per Share	9.30	-	12.78	-	18.97	-	20.53	-	40.54	-
Price to Earnings Ratio	-1.57	-	10.88	-	3.68	-	5.27	-	12.06	-
Price-to-Total Gains Ratio	-6.57	-	20.46	-	-47.22	-	9.70	-	21.48	-
Price to Book Ratio	0.92	-	1.17	-	1.86	-	1.75	-	1.99	-
Price-to-Total Gains Ratio	-6.57	-	20.46	-	-47.22	-	9.70	-	21.48	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	9.17
Number of shares	109

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.76	1.80
Usd Book Value Change Per Share	-0.13	-1.24
Usd Total Gains Per Share	0.63	0.55
Gains per Quarter (109 shares)	68.57	60.14
Gains per Year (109 shares)	274.27	240.56

Years	Return on Investment (TTM)			Return on Investment (5Y)
	Dividend	Book Value gain	Total gains	Dividend	Book Value gain	Total gains
Broker costs	-	-	-10	-	-	-10
1	329	-55	264	783	-542	231
2	659	-110	538	1566	-1085	472
3	988	-166	812	2349	-1627	713
4	1318	-221	1086	3132	-2170	954
5	1647	-276	1360	3915	-2712	1195
6	1977	-331	1634	4698	-3255	1436
7	2306	-387	1908	5481	-3797	1677
8	2636	-442	2182	6264	-4339	1918
9	2965	-497	2456	7047	-4882	2159
10	3295	-552	2730	7830	-5424	2400

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	3.0	1.0	0.0	75.0%	10.0	2.0	0.0	83.3%	11.0	9.0	0.0	55.0%	31.0	9.0	0.0	77.5%	103.0	10.0	0.0	91.2%
Book Value Change Per Share	3.0	1.0	0.0	75.0%	9.0	3.0	0.0	75.0%	11.0	9.0	0.0	55.0%	27.0	13.0	0.0	67.5%	89.0	24.0	0.0	78.8%
Dividend per Share	2.0	0.0	2.0	50.0%	2.0	0.0	10.0	16.7%	10.0	0.0	10.0	50.0%	21.0	0.0	19.0	52.5%	23.0	0.0	90.0	20.4%
Total Gains per Share	3.0	1.0	0.0	75.0%	9.0	3.0	0.0	75.0%	14.0	6.0	0.0	70.0%	34.0	6.0	0.0	85.0%	96.0	17.0	0.0	85.0%

Fundamentals of Mednax Inc

About Mednax Inc

https://www.pediatrix.com
Medical Care Facilities
5450
1301 Concord Terrace, Sunrise, FL, United States, 33323
Google Maps Bing Maps

Pediatrix Medical Group, Inc., together with its subsidiaries, provides newborn, maternal-fetal, pediatric cardiology, and other pediatric subspecialty care services in the United States. It offers neonatal care services, such as clinical care to babies born prematurely or with complications within specific units at hospitals through neonatal physician subspecialists, neonatal nurse practitioners, and other pediatric clinicians. The company also provides maternal-fetal care services, including inpatient and office-based clinical care to expectant mothers and unborn babies through affiliated maternal-fetal medicine subspecialists, as well as obstetricians and other clinicians, including maternal-fetal nurse practitioners, certified nurse mid-wives, sonographers, and genetic counselors. In addition, it offers pediatric cardiology care services comprising inpatient and office-based pediatric cardiology care of the fetus, infant, child, and adolescent patient with congenital heart defects and acquired heart disease, as well as adults with congenital heart defects through affiliated pediatric cardiologist subspecialists and other related clinical professionals, including pediatric nurse practitioners, echocardiographers, other diagnostic technicians, and exercise physiologists; and specialized cardiac care to the fetus, neonatal and pediatric patients. Further, the company provides other pediatric subspecialty care services, such as pediatric intensivists, pediatric hospitalists, pediatric surgeons, and pediatric ophthalmologists, as well as pediatric ear, nose, and throat physicians, pediatric gastroenterologists; and support services in the areas of hospitals, primarily in the pediatric emergency rooms, labor and delivery areas, and nursery and pediatric departments. The company was formerly known as MEDNAX, Inc. and changed its name to Pediatrix Medical Group, Inc. in July 2022. Pediatrix Medical Group, Inc. was founded in 1979 and is based in Sunrise, Florida.

Fundamental data was last updated by Penke on 2024-04-04 18:37:02.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is just able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

Valuation Details

	Compared to previous year	Compared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Mednax Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Mednax Inc earns for each $1 of revenue.

Above 10% is considered healthy but always compare Mednax Inc to the Medical Care Facilities industry mean.
A Net Profit Margin of -25.0% means that $-0.25 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Mednax Inc:

The MRQ is -25.0%. The company is making a huge loss. -2
The TTM is -2.1%. The company is making a loss. -1

Trends

Current period		Compared to		+/-
MRQ	-25.0%	TTM	-2.1%	-22.9%
TTM	-2.1%	YOY	3.3%	-5.5%
TTM	-2.1%	5Y	-14.8%	+12.7%
5Y	-14.8%	10Y	-2.2%	-12.6%

Compared to industry (Medical Care Facilities)

Period	Company	Industry (mean)	+/-
MRQ	-25.0%	2.5%	-27.5%
TTM	-2.1%	2.6%	-4.7%
YOY	3.3%	3.8%	-0.5%
5Y	-14.8%	3.3%	-18.1%
10Y	-2.2%	3.7%	-5.9%

Measures how much net profit Mednax Inc earns for each $1 of revenue.

Revenue is the amount of profit Mednax Inc generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Mednax Inc earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Mednax Inc to the Medical Care Facilities industry mean.
Can be used to compare companies within the Medical Care Facilities industry.

You typically want a high profit margin. This means that for each $1 in sales, Mednax Inc makes more profit. This shows the investor how efficiently Mednax Inc is operating in general and compared to other companies in the same industry. Mednax Inc operates in the Medical Care Facilities industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Mednax Inc. If profit margins remain low (compared to the Medical Care Facilities industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Mednax Inc is -0.25. This means that Mednax Inc earned $-0.25 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Medical Care Facilities industry is 2.5%.
What is the trend?
The trend is important because it shows you how Mednax Inc is performing over time. The most recent quarter might be important if Mednax Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Mednax Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Mednax Inc with other companies in the same industry (Medical Care Facilities).
Net profit margin should rise over the years.
Can be influenced when Mednax Inc sells assets (profit will increase while costs remain the same).
It won’t show what part of Mednax Inc is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Mednax Inc

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Mednax Inc = -124,287
Total revenue MRQ Mednax Inc = 496,443
$-124,287 / $496,443 = -0.25 or -25.0%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Mednax Inc is using its assets to generate profit.

Above 5% is considered healthy but always compare Mednax Inc to the Medical Care Facilities industry mean.
-5.6% Return on Assets means that Mednax Inc generated $-0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Mednax Inc:

The MRQ is -5.6%. Using its assets, the company is very inefficient in making profit. -2
The TTM is -0.5%. Using its assets, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	-5.6%	TTM	-0.5%	-5.1%
TTM	-0.5%	YOY	0.7%	-1.2%
TTM	-0.5%	5Y	-2.6%	+2.0%
5Y	-2.6%	10Y	-0.4%	-2.1%

Compared to industry (Medical Care Facilities)

Period	Company	Industry (mean)	+/-
MRQ	-5.6%	0.8%	-6.4%
TTM	-0.5%	0.7%	-1.2%
YOY	0.7%	1.2%	-0.5%
5Y	-2.6%	1.2%	-3.8%
10Y	-0.4%	1.3%	-1.7%

Shows how efficient Mednax Inc is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Mednax Inc to the Medical Care Facilities industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Mednax Inc is using its resources to generate profit. If the return on assets (-5.6%) from Mednax Inc are higher than the Medical Care Facilities mean (0.8%) that means Mednax Inc is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Mednax Inc is -5.6%. This means the company generated $-0.06 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Medical Care Facilities industry is 0.8%.
What is the trend?
The trend is important because it shows you how Mednax Inc is performing over time. The most recent quarter might be important if Mednax Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Mednax Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Mednax Inc

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Mednax Inc = -124,287
Total assets MRQ (balance sheet) from Mednax Inc = 2,219,810
-124,287 / 2,219,810 = -0.06 or -5.6%

ROA is an important ratio as it will tell you how effectively Mednax Inc is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Mednax Inc is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Mednax Inc to the Medical Care Facilities industry mean.
-14.6% Return on Equity means Mednax Inc generated $-0.15 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Mednax Inc:

The MRQ is -14.6%. Using its investors money, the company is very inefficient in making profit. -2
The TTM is -1.5%. Using its investors money, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	-14.6%	TTM	-1.5%	-13.2%
TTM	-1.5%	YOY	1.9%	-3.4%
TTM	-1.5%	5Y	-8.6%	+7.1%
5Y	-8.6%	10Y	-2.8%	-5.8%

Compared to industry (Medical Care Facilities)

Period	Company	Industry (mean)	+/-
MRQ	-14.6%	2.5%	-17.1%
TTM	-1.5%	2.4%	-3.9%
YOY	1.9%	3.0%	-1.1%
5Y	-8.6%	3.0%	-11.6%
10Y	-2.8%	3.1%	-5.9%

Shows how efficient Mednax Inc is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Mednax Inc to the Medical Care Facilities industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Medical Care Facilities industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Mednax Inc is -14.6%. This means Mednax Inc generated $-0.15 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Medical Care Facilities industry is 2.5%.
What is the trend?
The trend is important because it shows you how Mednax Inc is performing over time. The most recent quarter might be important if Mednax Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Mednax Inc up to 10 years back (depending if Mednax Inc existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Mednax Inc

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Mednax Inc = -124,287
Shareholders equity (balance sheet) MRQ Mednax Inc = 849,061
-124,287 / 849,061 = -0.15 or -14.6%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of Mednax Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Mednax Inc is operating .

Measures how much profit Mednax Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Mednax Inc to the Medical Care Facilities industry mean.
An Operating Margin of 8.0% means the company generated $0.08 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Mednax Inc:

The MRQ is 8.0%. The company is operating less efficient.
The TTM is 7.0%. The company is operating less efficient.

Trends

Current period		Compared to		+/-
MRQ	8.0%	TTM	7.0%	+1.0%
TTM	7.0%	YOY	9.8%	-2.8%
TTM	7.0%	5Y	10.1%	-3.1%
5Y	10.1%	10Y	13.6%	-3.5%

Compared to industry (Medical Care Facilities)

Period	Company	Industry (mean)	+/-
MRQ	8.0%	7.0%	+1.0%
TTM	7.0%	6.8%	+0.2%
YOY	9.8%	7.4%	+2.4%
5Y	10.1%	6.8%	+3.3%
10Y	13.6%	8.2%	+5.4%

Measures how efficient Mednax Inc is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Mednax Inc to the Medical Care Facilities industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Mednax Inc is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Mednax Inc is 8.0%. This means that Mednax Inc earned $0.08 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Medical Care Facilities industry is 7.0%.
What is the trend?
The trend is important because it shows you how Mednax Inc is performing over time. The most recent quarter might be important if Mednax Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Mednax Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Mednax Inc

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Mednax Inc = -111,490
Total revenue MRQ Mednax Inc = 496,443
$-111,490 / $496,443 = 0.08 or 8.0%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Mednax Inc is keeping operating costs low.

Below 1 is considered healthy (always compare to Medical Care Facilities industry mean).
An Operation Ratio of 0.92 means that the operating costs are $0.92 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Mednax Inc:

The MRQ is 0.921. The company is less efficient in keeping operating costs low.
The TTM is 0.921. The company is less efficient in keeping operating costs low.

Trends

Current period		Compared to		+/-
MRQ	0.921	TTM	0.921	+0.000
TTM	0.921	YOY	0.899	+0.022
TTM	0.921	5Y	0.900	+0.021
5Y	0.900	10Y	0.865	+0.035

Compared to industry (Medical Care Facilities)

Period	Company	Industry (mean)	+/-
MRQ	0.921	1.171	-0.250
TTM	0.921	1.112	-0.191
YOY	0.899	0.999	-0.100
5Y	0.900	1.023	-0.123
10Y	0.865	1.008	-0.143

Measures how efficient Mednax Inc is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Mednax Inc to the Medical Care Facilities industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Mednax Inc is 92.1%. This means that Mednax Inc earned $0.92 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Medical Care Facilities industry is 1.17.
What is the trend?
The trend is important because it shows you how Mednax Inc is performing over time. The most recent quarter might be important if Mednax Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Mednax Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Mednax Inc

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(395,276 +62,126) \ 496,443 = 0.92

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of Mednax Inc.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Mednax Inc is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Medical Care Facilities industry mean).
A Current Ratio of 1.24 means the company has $1.24 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Mednax Inc:

The MRQ is 1.243. The company is just able to pay all its short-term debts.
The TTM is 1.265. The company is just able to pay all its short-term debts.

Trends

Current period		Compared to		+/-
MRQ	1.243	TTM	1.265	-0.022
TTM	1.265	YOY	1.251	+0.015
TTM	1.265	5Y	1.882	-0.617
5Y	1.882	10Y	1.733	+0.150

Compared to industry (Medical Care Facilities)

Period	Company	Industry (mean)	+/-
MRQ	1.243	1.289	-0.046
TTM	1.265	1.311	-0.046
YOY	1.251	1.405	-0.154
5Y	1.882	1.382	+0.500
10Y	1.733	1.416	+0.317

Measures if Mednax Inc is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Medical Care Facilities industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Mednax Inc if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Mednax Inc is 1.24. This means Mednax Inc has $1.24 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Medical Care Facilities industry is 1.29.
What is the trend?
The trend is important because it shows you how Mednax Inc is performing over time. The most recent quarter might be important if Mednax Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Mednax Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Mednax Inc

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
483,454 \ 388,946) = 1.24

The current ratio measures if Mednax Inc is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Mednax Inc is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Mednax Inc does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Mednax Inc is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if Mednax Inc is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Mednax Inc to the Medical Care Facilities industry mean.
A Quick Ratio of 1.45 means the company can pay off $1.45 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Mednax Inc:

The MRQ is 1.445. The company is able to pay all its short-term debts with the most liquid assets. +1
The TTM is 1.513. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	1.445	TTM	1.513	-0.067
TTM	1.513	YOY	1.466	+0.047
TTM	1.513	5Y	1.829	-0.317
5Y	1.829	10Y	1.651	+0.178

Compared to industry (Medical Care Facilities)

Period	Company	Industry (mean)	+/-
MRQ	1.445	0.921	+0.524
TTM	1.513	0.950	+0.563
YOY	1.466	1.074	+0.392
5Y	1.829	1.158	+0.671
10Y	1.651	1.146	+0.505

Measures if Mednax Inc is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Mednax Inc to the Medical Care Facilities industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Mednax Inc can pay off its short term debts. This shows if Mednax Inc can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Mednax Inc is 1.45. This means that Mednax Inc can pay off $1.45 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Medical Care Facilities industry is 0.92.
What is the trend?
The trend is important because it shows you how Mednax Inc is performing over time. The most recent quarter might be important if Mednax Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Mednax Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example Mednax Inc

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Mednax Inc: (177,743 + 104,485 +279,878) / 388,946 = 1.45

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of Mednax Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Mednax Inc assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Mednax Inc to Medical Care Facilities industry mean.
A Debt to Asset Ratio of 0.62 means that Mednax Inc assets are financed with 61.8% credit (debt) and the remaining percentage (100% - 61.8%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Mednax Inc:

The MRQ is 0.618. The company is able to pay all its debts by selling its assets. +1
The TTM is 0.600. The company is able to pay all its debts by selling its assets. +1

Trends

Current period		Compared to		+/-
MRQ	0.618	TTM	0.600	+0.017
TTM	0.600	YOY	0.630	-0.030
TTM	0.600	5Y	0.646	-0.046
5Y	0.646	10Y	0.541	+0.105

Compared to industry (Medical Care Facilities)

Period	Company	Industry (mean)	+/-
MRQ	0.618	0.521	+0.097
TTM	0.600	0.547	+0.053
YOY	0.630	0.516	+0.114
5Y	0.646	0.560	+0.086
10Y	0.541	0.530	+0.011

Measures how much % of Mednax Inc assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Mednax Inc than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Mednax Inc to Medical Care Facilities industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Mednax Inc is 0.62. This means means that Mednax Inc is financed with 61.8% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Medical Care Facilities industry is 128.9%.
What is the trend?
The trend is important because it shows you how Mednax Inc is performing over time. The most recent quarter might be important if Mednax Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Mednax Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Mednax Inc has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Mednax Inc

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
1,370,749 \ 2,219,810 = 61.8% or 0.62.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Mednax Inc is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Mednax Inc to the Medical Care Facilities industry mean.
A Debt to Equity ratio of 161.4% means that company has $1.61 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Mednax Inc:

The MRQ is 1.614. The company is just able to pay all its debts with equity.
The TTM is 1.504. The company is just able to pay all its debts with equity.

Trends

Current period		Compared to		+/-
MRQ	1.614	TTM	1.504	+0.111
TTM	1.504	YOY	1.705	-0.202
TTM	1.504	5Y	1.946	-0.442
5Y	1.946	10Y	1.375	+0.571

Compared to industry (Medical Care Facilities)

Period	Company	Industry (mean)	+/-
MRQ	1.614	0.916	+0.698
TTM	1.504	0.952	+0.552
YOY	1.705	1.008	+0.697
5Y	1.946	1.244	+0.702
10Y	1.375	1.208	+0.167

Measures if Mednax Inc is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Mednax Inc is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Mednax Inc is 1.61. This means that Mednax Inc can pay off $1.61 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Medical Care Facilities industry is 0.92.
What is the trend?
The trend is important because it shows you how Mednax Inc is performing over time. The most recent quarter might be important if Mednax Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Mednax Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Mednax Inc

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
1,370,749 \ 849,061 = 1.61 or 161.4%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of Mednax Inc

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Mednax Inc generates.

Above 15 is considered overpriced but always compare Mednax Inc to the Medical Care Facilities industry mean.
A PE ratio of -1.57 means the investor is paying $-1.57 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Mednax Inc:

The EOD is -1.550. Based on the earnings, the company is expensive. -2
The MRQ is -1.572. Based on the earnings, the company is expensive. -2
The TTM is 10.878. Based on the earnings, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	-1.550	MRQ	-1.572	+0.022
MRQ	-1.572	TTM	10.878	-12.450
TTM	10.878	YOY	3.681	+7.197
TTM	10.878	5Y	5.269	+5.609
5Y	5.269	10Y	12.063	-6.794

Compared to industry (Medical Care Facilities)

Period	Company	Industry (mean)	+/-
EOD	-1.550	11.438	-12.988
MRQ	-1.572	10.518	-12.090
TTM	10.878	14.051	-3.173
YOY	3.681	11.500	-7.819
5Y	5.269	16.442	-11.173
10Y	12.063	20.280	-8.217

Measures how much money you pay for each share for every $1 in earnings Mednax Inc generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Mednax Inc to the Medical Care Facilities industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Mednax Inc is -1.57. This means the investor is paying $-1.57 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Medical Care Facilities industry is 10.52.
What is the trend?
The trend is important because it shows you how Mednax Inc is performing over time. The most recent quarter might be important if Mednax Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Mednax Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Mednax Inc

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
0 \ 82,660 = EPS
PE ratio MRQ = -1.57

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Mednax Inc:

The EOD is 3.200. Based on how much money comes from the company's main activities, the company is cheap. +2
The MRQ is 3.245. Based on how much money comes from the company's main activities, the company is cheap. +2
The TTM is 1.951. Based on how much money comes from the company's main activities, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	3.200	MRQ	3.245	-0.045
MRQ	3.245	TTM	1.951	+1.294
TTM	1.951	YOY	2.290	-0.339
TTM	1.951	5Y	1.512	+0.439
5Y	1.512	10Y	0.716	+0.797

Compared to industry (Medical Care Facilities)

Period	Company	Industry (mean)	+/-
EOD	3.200	8.331	-5.131
MRQ	3.245	7.334	-4.089
TTM	1.951	7.397	-5.446
YOY	2.290	6.543	-4.253
5Y	1.512	6.849	-5.337
10Y	0.716	5.888	-5.172

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Mednax Inc is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Medical Care Facilities industry mean).
A PB ratio of 0.92 means the investor is paying $0.92 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Mednax Inc:

The EOD is 0.907. Based on the equity, the company is cheap. +2
The MRQ is 0.920. Based on the equity, the company is cheap. +2
The TTM is 1.167. Based on the equity, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	0.907	MRQ	0.920	-0.013
MRQ	0.920	TTM	1.167	-0.247
TTM	1.167	YOY	1.858	-0.691
TTM	1.167	5Y	1.752	-0.585
5Y	1.752	10Y	1.993	-0.242

Compared to industry (Medical Care Facilities)

Period	Company	Industry (mean)	+/-
EOD	0.907	1.885	-0.978
MRQ	0.920	1.960	-1.040
TTM	1.167	2.049	-0.882
YOY	1.858	2.333	-0.475
5Y	1.752	2.388	-0.636
10Y	1.993	2.658	-0.665

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Mednax Inc.

3.1. Institutions holding Mednax Inc

Institutions are holding 103% of the shares of Mednax Inc.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	BlackRock Inc	16.1674	0.0032	13600467	651882	5.0344
2023-12-31	Vanguard Group Inc	12.3548	0.0021	10393239	23115	0.2229
2023-12-31	AllianceBernstein L.P.	9.3756	0.0282	7887018	220443	2.8754
2023-12-31	Earnest Partners LLC	5.7274	0.2237	4818090	-283393	-5.5551
2023-12-31	Dimensional Fund Advisors, Inc.	5.2422	0.012	4409884	59336	1.3639
2023-12-31	State Street Corporation	4.0066	0.0015	3370465	121897	3.7523
2023-12-31	Pacer Advisors, INC.	3.8464	0.0852	3235729	1809828	126.9252
2023-12-31	Geode Capital Management, LLC	2.1152	0.0017	1779408	80404	4.7324
2023-09-30	D. E. Shaw & Co LP	2.0643	0.023	1736524	7375	0.4265
2023-12-31	Charles Schwab Investment Management Inc	1.9425	0.0039	1634065	148600	10.0036
2023-12-31	Segall Bryant & Hamill	1.8975	0.2861	1596239	-168981	-9.5728
2023-12-31	Invenomic Capital Management, LP	1.638	0.5846	1377951	664955	93.2621
2023-12-31	Morgan Stanley - Brokerage Accounts	1.6344	0.0011	1374923	593942	76.0508
2023-12-31	Boston Partners Global Investors, Inc	1.5848	0.0165	1333180	1333180	0
2023-12-31	Amvescap Plc.	1.2129	0.0023	1020290	315050	44.6727
2023-12-31	Aristotle Capital Boston, LLC	0.9801	0.2344	824526	-10019	-1.2005
2023-12-31	Northern Trust Corp	0.9772	0.0014	822088	-28780	-3.3824
2023-12-31	Bank of New York Mellon Corp	0.8814	0.0014	741434	-18483	-2.4322
2023-09-30	Citadel Advisors Llc	0.8798	0.002	740077	-138775	-15.7905
2023-12-31	ArrowMark Colorado Holdings, LLC (ArrowMark Partners)	0.8252	0.0713	694218	76455	12.3761
Total		75.3537	1.5856	63389815	+5458031	+8.6%

3.2. Funds holding Mednax Inc

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-02-29	iShares Core S&P Small-Cap ETF	6.7277	0.0669	5659566	9162	0.1621
2024-02-29	Pacer US Small Cap Cash Cows 100 ETF	5.0734	0.4389	4267858	18576	0.4372
2024-02-29	Vanguard Total Stock Mkt Idx Inv	3.0977	0.0015	2605852	0	0
2024-02-29	Vanguard Small Cap Index	2.5747	0.0141	2165951	20193	0.9411
2024-02-29	iShares Russell 2000 ETF	2.4169	0.0298	2033187	-332	-0.0163
2023-12-31	Harbor Small Cap Value Instl	2.2942	0.8566	1929916	-190951	-9.0034
2024-01-31	AB Discovery Value Advisor	2.0208	0.6101	1699994	-145070	-7.8626
2024-02-29	Vanguard Small Cap Value Index Inv	1.759	0.0255	1479731	6144	0.4169
2024-02-29	Vanguard Institutional Extnd Mkt Idx Tr	1.4433	0.0109	1214142	650	0.0536
2024-01-31	DFA US Small Cap Value I	1.3229	0.0688	1112878	0	0
2024-02-29	iShares S&P Small-Cap 600 Value ETF	1.2495	0.1367	1051127	2901	0.2768
2023-12-31	Fidelity Small Cap Index	0.9937	0.0306	835972	8934	1.0802
2024-02-29	Schwab Fundamental US Small Company ETF	0.955	0.0923	803409	279	0.0347
2024-02-01	iShares Russell 2000 Value ETF	0.9412	0.0643	791736	1002	0.1267
2023-10-31	Invenomic Institutional	0.9151	0.5721	769797	500287	185.6284
2024-02-29	SPDR® Portfolio S&P 600 Sm Cap ETF	0.8761	0.0657	736993	153	0.0208
2024-01-31	AB Small Cap Value Advisor	0.8021	1.034	674736	62780	10.2589
2024-01-31	AB US Small & Mid Cap Value CT B	0.8	0.623	672957	0	0
2024-02-29	Vanguard Tax-Managed Small Cap Adm	0.7692	0.0666	647084	0	0
2024-01-31	DFA US Targeted Value I	0.7662	0.0468	644530	-34101	-5.025
Total		37.7987	4.8552	31797416	+260607	+0.8%

3.3. Insider Transactions

Insiders are holding 1.375% of the shares of Mednax Inc.

Date	Owner	Type	Amount	Price
2023-12-14	James D Swift	SELL	5764	9.58
2023-12-14	Mary Ann E Moore	SELL	970	9.62
2023-06-14	James D Swift	SELL	13193	14.14
2023-05-25	Mark S Ordan	SELL	33000	13.26
2023-05-18	Shirley A Weis	SELL	17993	13.55

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Mednax Inc compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	-1.415	-0.127	-91%	0.059	-2501%	-1.244	-12%	-0.326	-77%
Book Value Per Share	-	-	10.105	10.917	-7%	10.244	-1%	13.452	-25%	20.819	-51%
Current Ratio	-	-	1.243	1.265	-2%	1.251	-1%	1.882	-34%	1.733	-28%
Debt To Asset Ratio	-	-	0.618	0.600	+3%	0.630	-2%	0.646	-4%	0.541	+14%
Debt To Equity Ratio	-	-	1.614	1.504	+7%	1.705	-5%	1.946	-17%	1.375	+17%
Dividend Per Share	-	-	-	0.756	-100%	-	0%	1.796	-100%	2.230	-100%
Eps	-	-	-1.479	-0.180	-88%	0.197	-851%	-1.281	-13%	-0.225	-85%
Free Cash Flow Per Share	-	-	0.717	0.309	+132%	0.409	+75%	0.460	+56%	0.723	-1%
Free Cash Flow To Equity Per Share	-	-	0.660	0.233	+183%	-1.026	+255%	-0.524	+179%	0.463	+43%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Intrinsic Value_10Y_max	-	-	77.498	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-0.232	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	3.602	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	0.938	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	13.995	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	2.003	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	28.215	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	2.165	-	-	-	-	-	-	-	-
Market Cap	770518420.000	-1%	781441800.000	1074062345.000	-27%	1610015052.500	-51%	1745027541.500	-55%	3735724312.000	-79%
Net Profit Margin	-	-	-0.250	-0.021	-91%	0.033	-854%	-0.148	-41%	-0.022	-91%
Operating Margin	-	-	0.080	0.070	+14%	0.098	-18%	0.101	-21%	0.136	-41%
Operating Ratio	-	-	0.921	0.921	+0%	0.899	+3%	0.900	+2%	0.865	+7%
Pb Ratio	0.907	-1%	0.920	1.167	-21%	1.858	-50%	1.752	-47%	1.993	-54%
Pe Ratio	-1.550	+1%	-1.572	10.878	-114%	3.681	-143%	5.269	-130%	12.063	-113%
Price Per Share	9.170	-1%	9.300	12.783	-27%	18.965	-51%	20.531	-55%	40.540	-77%
Price To Free Cash Flow Ratio	3.200	-1%	3.245	1.951	+66%	2.290	+42%	1.512	+115%	0.716	+353%
Price To Total Gains Ratio	-6.479	+1%	-6.571	20.459	-132%	-47.219	+619%	9.702	-168%	21.477	-131%
Quick Ratio	-	-	1.445	1.513	-4%	1.466	-1%	1.829	-21%	1.651	-12%
Return On Assets	-	-	-0.056	-0.005	-91%	0.007	-891%	-0.026	-54%	-0.004	-92%
Return On Equity	-	-	-0.146	-0.015	-90%	0.019	-858%	-0.086	-41%	-0.028	-81%
Total Gains Per Share	-	-	-1.415	0.629	-325%	0.059	-2501%	0.552	-357%	1.904	-174%
Usd Book Value	-	-	849061000.000	917298000.000	-7%	868201250.000	-2%	1140517850.000	-26%	1896573450.000	-55%
Usd Book Value Change Per Share	-	-	-1.415	-0.127	-91%	0.059	-2501%	-1.244	-12%	-0.326	-77%
Usd Book Value Per Share	-	-	10.105	10.917	-7%	10.244	-1%	13.452	-25%	20.819	-51%
Usd Dividend Per Share	-	-	-	0.756	-100%	-	0%	1.796	-100%	2.230	-100%
Usd Eps	-	-	-1.479	-0.180	-88%	0.197	-851%	-1.281	-13%	-0.225	-85%
Usd Free Cash Flow	-	-	60206000.000	25999250.000	+132%	34308250.000	+75%	38663600.000	+56%	65678000.000	-8%
Usd Free Cash Flow Per Share	-	-	0.717	0.309	+132%	0.409	+75%	0.460	+56%	0.723	-1%
Usd Free Cash Flow To Equity Per Share	-	-	0.660	0.233	+183%	-1.026	+255%	-0.524	+179%	0.463	+43%
Usd Market Cap	770518420.000	-1%	781441800.000	1074062345.000	-27%	1610015052.500	-51%	1745027541.500	-55%	3735724312.000	-79%
Usd Price Per Share	9.170	-1%	9.300	12.783	-27%	18.965	-51%	20.531	-55%	40.540	-77%
Usd Profit	-	-	-124287000.000	-10381500.000	-92%	16644500.000	-847%	-106908700.000	-14%	-14266450.000	-89%
Usd Revenue	-	-	496443000.000	498660000.000	0%	493005250.000	+1%	581189000.000	-15%	678282075.000	-27%
Usd Total Gains Per Share	-	-	-1.415	0.629	-325%	0.059	-2501%	0.552	-357%	1.904	-174%
	EOD	+4 -4	MRQ	TTM	+9 -26	YOY	+12 -21	5Y	+10 -25	10Y	+5 -30

4.2. Fundamental Score

Let's check the fundamental score of Mednax Inc based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	-1.550
Price to Book Ratio (EOD)	Between	0-1	0.907
Net Profit Margin (MRQ)	Greater than	0	-0.250
Operating Margin (MRQ)	Greater than	0	0.080
Quick Ratio (MRQ)	Greater than	1	1.445
Current Ratio (MRQ)	Greater than	1	1.243
Debt to Asset Ratio (MRQ)	Less than	1	0.618
Debt to Equity Ratio (MRQ)	Less than	1	1.614
Return on Equity (MRQ)	Greater than	0.15	-0.146
Return on Assets (MRQ)	Greater than	0.05	-0.056
Total			5/10 (50.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
Create your own Stock Scanner

4.3. Technical Score

Let's check the technical score of Mednax Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	44.740
Ma 20	Greater than	Ma 50	9.484
Ma 50	Greater than	Ma 100	9.197
Ma 100	Greater than	Ma 200	9.257
Open	Greater than	Close	9.260
Total			2/5 (40.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
Create your own Symbol Scanner

Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

	2022-12-31		2023-03-31		2023-06-30		2023-09-30		2023-12-31
Income before Tax	27,824	-7,112	20,712	18,235	38,947	-8,115	30,832	-169,682	-138,850
Net Income	29,659	-15,453	14,206	14,076	28,282	11,991	40,273	-164,560	-124,287
Operating Income	56,017	-25,976	30,041	18,457	48,498	-8,226	40,272	-151,762	-111,490
Tax Provision	3,824	2,682	6,506	4,159	10,665	-1,224	9,441	-24,004	-14,563
Net Income from Continuing Operations	24,000	-9,794	14,206	14,076	28,282	-6,891	21,391	-145,678	-124,287

Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary

Total Assets	2,219,810
Total Liabilities	1,370,749
Total Stockholder Equity	849,061

	As reported
Total Liabilities	1,370,749
Total Stockholder Equity	+ 849,061
Total Assets	= 2,219,810

Assets

Total Assets	2,219,810
Total Current Assets	483,454
Long-term Assets	1,736,356

Total Current Assets

Total Current Assets (as reported)	483,454
Cash And Cash Equivalents	73,258
Short-term Investments	104,485
Net Receivables	279,878
Inventory	13,525
Other Current Assets	12,308
Total Current Assets (calculated)	483,454
+/-	0

Long-term Assets

Long-term Assets (as reported)	1,736,356
Property Plant Equipment	145,933
Goodwill	1,384,166
Intangible Assets	21,240
Long-term Assets Other	82,165
Long-term Assets (calculated)	1,633,504
+/-	102,852

Liabilities & Shareholders' Equity

Total Current Liabilities	388,946
Long-term Liabilities	981,803
Total Stockholder Equity	849,061

Total Current Liabilities

Total Current Liabilities (as reported)	388,946
Short-term Debt	35,989
Short Long Term Debt	12,500
Accounts payable	34,588
Other Current Liabilities	318,369
Total Current Liabilities (calculated)	401,446
+/-	12,500

Long-term Liabilities

Long-term Liabilities (as reported)	981,803
Long term Debt	611,593
Capital Lease Obligations	77,555
Long-term Liabilities Other	281,836
Long-term Liabilities (calculated)	970,984
+/-	10,819

Total Stockholder Equity

Total Stockholder Equity (as reported)	849,061
Common Stock	840
Retained Earnings	-149,471
Accumulated Other Comprehensive Income	-2,214
Other Stockholders Equity	999,906
Total Stockholder Equity (calculated)	849,061
+/-	0

Other

Capital Stock	840
Cash and Short Term Investments	177,743
Common Stock Shares Outstanding	82,660
Liabilities and Stockholders Equity	2,219,810
Net Debt	628,390
Net Invested Capital	1,473,154
Net Working Capital	94,508
Property Plant and Equipment Gross	288,648
Short Long Term Debt Total	701,648

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2023-12-31

2023-09-30

2023-06-30

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

2011-12-31

2011-09-30

2011-06-30

2011-03-31

2010-12-31

2010-09-30

2010-06-30

2010-03-31

2009-12-31

2009-09-30

2009-06-30

2009-03-31

2008-12-31

2008-09-30

2008-06-30

2008-03-31

2007-12-31

2007-09-30

2007-06-30

2007-03-31

2006-12-31

2006-09-30

2006-06-30

2006-03-31

2005-12-31

2005-09-30

2005-06-30

2005-03-31

2004-12-31

2004-09-30

2004-06-30

2004-03-31

2003-12-31

2003-09-30

2003-06-30

2003-03-31

2002-12-31

2002-09-30

2002-06-30

2002-03-31

2001-12-31

2001-09-30

2001-06-30

2001-03-31

2000-12-31

2000-09-30

2000-06-30

2000-03-31

1999-12-31

1999-09-30

1999-06-30

1999-03-31

1998-12-31

1998-09-30

1998-06-30

1998-03-31

1997-12-31

1997-09-30

1997-06-30

1997-03-31

1996-12-31

1996-09-30

1996-06-30

1996-03-31

1995-12-31

1995-09-30

1995-06-30

1995-03-31

1994-12-31

1994-09-30

1994-06-30

1994-03-31

> Total Assets

0
0
0
20,300
0
0
65,900
69,900
77,400
83,000
152,300
159,000
165,700
173,800
184,800
196,800
208,500
230,800
252,900
270,700
291,000
329,900
339,700
334,800
343,029
341,597
336,068
324,734
320,073
546,916
546,977
573,099
585,601
628,501
609,132
648,679
598,679
639,954
678,275
717,594
722,532
752,346
772,758
788,889
820,374
851,161
884,232
900,403
963,017
991,059
1,044,647
1,135,170
1,118,368
991,059
1,237,951
1,302,802
1,207,177
1,226,757
1,435,025
1,496,874
1,521,913
1,583,445
1,652,174
1,689,350
1,740,314
1,759,694
1,800,999
2,037,646
2,065,800
2,072,727
2,179,816
2,272,648
2,325,037
2,346,966
2,532,969
2,750,337
2,792,656
2,889,390
2,979,865
3,049,430
3,099,144
3,174,500
3,478,217
3,608,795
3,646,314
4,275,139
4,546,495
4,547,214
4,636,287
4,771,414
5,343,864
5,339,400
5,424,885
5,407,396
5,680,523
5,867,278
5,883,074
5,859,638
5,838,724
5,934,911
5,706,257
5,638,811
4,290,661
4,145,901
4,319,662
3,387,212
3,424,826
3,347,948
2,483,744
2,555,130
2,646,104
2,722,546
2,340,976
2,369,616
2,331,957
2,347,887
2,320,051
2,305,510
2,326,339
2,219,810

2,219,810

2,326,339

2,305,510

2,320,051

2,347,887

2,331,957

2,369,616

2,340,976

2,722,546

2,646,104

2,555,130

2,483,744

3,347,948

3,424,826

3,387,212

4,319,662

4,145,901

4,290,661

5,638,811

5,706,257

5,934,911

5,838,724

5,859,638

5,883,074

5,867,278

5,680,523

5,407,396

5,424,885

5,339,400

5,343,864

4,771,414

4,636,287

4,547,214

4,546,495

4,275,139

3,646,314

3,608,795

3,478,217

3,174,500

3,099,144

3,049,430

2,979,865

2,889,390

2,792,656

2,750,337

2,532,969

2,346,966

2,325,037

2,272,648

2,179,816

2,072,727

2,065,800

2,037,646

1,800,999

1,759,694

1,740,314

1,689,350

1,652,174

1,583,445

1,521,913

1,496,874

1,435,025

1,226,757

1,207,177

1,302,802

1,237,951

991,059

1,118,368

1,135,170

1,044,647

991,059

963,017

900,403

884,232

851,161

820,374

788,889

772,758

752,346

722,532

717,594

678,275

639,954

598,679

648,679

609,132

628,501

585,601

573,099

546,977

546,916

320,073

324,734

336,068

341,597

343,029

334,800

339,700

329,900

291,000

270,700

252,900

230,800

208,500

196,800

184,800

173,800

165,700

159,000

152,300

83,000

77,400

69,900

65,900

20,300

> Total Current Assets

0
0
0
17,200
0
0
56,700
59,800
50,800
36,600
98,100
100,900
86,100
87,200
73,100
82,000
42,200
49,500
53,000
63,700
68,000
77,100
83,500
80,000
82,241
82,042
78,354
73,875
70,665
78,665
78,001
112,958
123,409
149,114
123,751
161,355
108,919
107,822
118,738
145,557
141,920
142,592
159,702
152,234
146,964
147,969
156,337
164,624
161,460
186,039
223,413
301,599
266,907
186,039
280,350
364,126
266,591
246,004
251,559
284,901
296,800
293,372
288,646
292,665
296,847
298,808
333,977
296,009
292,174
305,321
334,003
337,273
361,265
340,223
402,806
359,044
394,628
367,691
372,963
408,839
395,996
407,698
481,061
467,052
477,957
525,504
573,178
527,769
551,439
548,477
575,457
587,128
562,438
557,570
653,323
627,235
622,675
624,930
625,401
657,409
1,057,416
985,520
965,301
656,997
940,896
688,329
1,651,160
1,549,348
665,399
752,313
788,029
740,849
439,777
365,915
423,707
334,750
311,883
397,767
420,524
483,454

483,454

420,524

397,767

311,883

334,750

423,707

365,915

439,777

740,849

788,029

752,313

665,399

1,549,348

1,651,160

688,329

940,896

656,997

965,301

985,520

1,057,416

657,409

625,401

624,930

622,675

627,235

653,323

557,570

562,438

587,128

575,457

548,477

551,439

527,769

573,178

525,504

477,957

467,052

481,061

407,698

395,996

408,839

372,963

367,691

394,628

359,044

402,806

340,223

361,265

337,273

334,003

305,321

292,174

296,009

333,977

298,808

296,847

292,665

288,646

293,372

296,800

284,901

251,559

246,004

266,591

364,126

280,350

186,039

266,907

301,599

223,413

186,039

161,460

164,624

156,337

147,969

146,964

152,234

159,702

142,592

141,920

145,557

118,738

107,822

108,919

161,355

123,751

149,114

123,409

112,958

78,001

78,665

70,665

73,875

78,354

82,042

82,241

80,000

83,500

77,100

68,000

63,700

53,000

49,500

42,200

82,000

73,100

87,200

86,100

100,900

98,100

36,600

50,800

59,800

56,700

17,200

Cash And Cash Equivalents

0
0
0
7,400
0
0
44,400
18,500
7,100
10,100
38,000
18,400
22,300
27,400
11,300
18,600
2,900
1,800
600
700
600
600
400
800
1,078
1,197
1,897
3,075
1,756
4,440
3,536
27,557
36,599
64,729
41,395
73,195
13,628
11,554
10,410
27,896
24,314
19,719
30,907
7,011
4,080
5,614
4,778
11,192
4,507
28,845
62,498
69,595
71,632
28,845
50,507
102,843
39,488
14,233
12,136
14,346
21,343
18,600
20,865
26,503
23,939
26,141
61,387
26,251
15,049
23,964
35,749
18,596
22,388
12,146
66,124
21,280
34,425
13,163
16,242
31,137
19,775
17,713
71,822
47,928
50,219
65,322
60,915
51,572
55,491
51,892
52,805
55,698
41,839
40,423
48,403
60,200
40,939
38,056
34,461
36,745
26,476
24,482
28,890
112,767
312,155
132,151
294,512
1,123,843
269,630
338,157
357,914
387,391
7,179
14,088
8,668
9,824
6,124
5,849
21,179
73,258

73,258

21,179

5,849

6,124

9,824

8,668

14,088

7,179

387,391

357,914

338,157

269,630

1,123,843

294,512

132,151

312,155

112,767

28,890

24,482

26,476

36,745

34,461

38,056

40,939

60,200

48,403

40,423

41,839

55,698

52,805

51,892

55,491

51,572

60,915

65,322

50,219

47,928

71,822

17,713

19,775

31,137

16,242

13,163

34,425

21,280

66,124

12,146

22,388

18,596

35,749

23,964

15,049

26,251

61,387

26,141

23,939

26,503

20,865

18,600

21,343

14,346

12,136

14,233

39,488

102,843

50,507

28,845

71,632

69,595

62,498

28,845

4,507

11,192

4,778

5,614

4,080

7,011

30,907

19,719

24,314

27,896

10,410

11,554

13,628

73,195

41,395

64,729

36,599

27,557

3,536

4,440

1,756

3,075

1,897

1,197

1,078

800

400

600

700

600

1,800

2,900

18,600

11,300

27,400

22,300

18,400

38,000

10,100

7,100

18,500

44,400

7,400

Short-term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,961
11,332
11,407
11,895
10,920
9,958
12,449
13,781
65,660
17,185
12,449
29,083
18,042
21,515
22,989
24,712
20,764
16,838
12,590
7,159
5,380
7,701
10,968
14,220
17,381
14,658
10,975
7,209
4,139
3,938
3,317
5,765
6,584
5,535
7,009
4,920
6,457
7,725
7,568
7,281
6,035
6,769
5,104
8,021
8,853
8,788
10,589
10,489
11,286
11,138
11,161
10,974
10,292
10,844
9,902
13,965
21,923
86,223
82,835
78,371
74,510
85,041
90,642
81,574
104,870
100,811
100,763
98,510
99,715
89,576
93,386
91,396
93,239
96,709
98,490
103,541
104,485

104,485

103,541

98,490

96,709

93,239

91,396

93,386

89,576

99,715

98,510

100,763

100,811

104,870

81,574

90,642

85,041

74,510

78,371

82,835

86,223

21,923

13,965

9,902

10,844

10,292

10,974

11,161

11,138

11,286

10,489

10,589

8,788

8,853

8,021

5,104

6,769

6,035

7,281

7,568

7,725

6,457

4,920

7,009

5,535

6,584

5,765

3,317

3,938

4,139

7,209

10,975

14,658

17,381

14,220

10,968

7,701

5,380

7,159

12,590

16,838

20,764

24,712

22,989

21,515

18,042

29,083

12,449

17,185

65,660

13,781

12,449

9,958

10,920

11,895

11,407

11,332

9,961

Net Receivables

0
0
0
9,000
0
0
10,600
12,100
15,500
16,900
20,900
23,400
27,900
29,700
33,000
34,900
38,000
46,200
50,600
61,600
65,500
71,400
81,400
77,700
79,446
79,199
74,627
69,133
67,086
71,356
69,278
63,851
67,520
68,189
78,295
75,356
83,411
91,560
89,869
94,213
97,940
100,345
108,400
107,860
105,409
105,850
109,874
111,725
115,759
113,761
122,603
125,573
127,773
113,761
142,815
145,504
144,034
148,605
151,410
162,395
165,228
163,435
164,023
170,148
173,985
178,983
174,722
181,395
188,170
194,032
207,060
230,388
236,717
240,920
250,507
248,066
263,820
269,774
272,814
285,397
315,689
327,410
345,169
352,191
360,874
380,545
406,761
444,737
465,826
461,160
486,957
495,276
487,685
480,402
520,012
503,999
542,609
527,997
522,826
542,272
522,638
504,190
494,699
498,869
503,440
410,110
289,922
241,931
265,129
277,110
279,253
301,775
317,619
328,730
304,080
296,787
278,739
270,852
277,352
279,878

279,878

277,352

270,852

278,739

296,787

304,080

328,730

317,619

301,775

279,253

277,110

265,129

241,931

289,922

410,110

503,440

498,869

494,699

504,190

522,638

542,272

522,826

527,997

542,609

503,999

520,012

480,402

487,685

495,276

486,957

461,160

465,826

444,737

406,761

380,545

360,874

352,191

345,169

327,410

315,689

285,397

272,814

269,774

263,820

248,066

250,507

240,920

236,717

230,388

207,060

194,032

188,170

181,395

174,722

178,983

173,985

170,148

164,023

163,435

165,228

162,395

151,410

148,605

144,034

145,504

142,815

113,761

127,773

125,573

122,603

113,761

115,759

111,725

109,874

105,850

105,409

107,860

108,400

100,345

97,940

94,213

89,869

91,560

83,411

75,356

78,295

68,189

67,520

63,851

69,278

71,356

67,086

69,133

74,627

79,199

79,446

77,700

81,400

71,400

65,500

61,600

50,600

46,200

38,000

34,900

33,000

29,700

27,900

23,400

20,900

16,900

15,500

12,100

10,600

9,000

Other Current Assets

0
0
0
800
0
0
1,700
29,200
28,200
9,600
39,200
59,100
35,900
30,100
28,800
28,500
1,300
1,500
1,800
1,400
1,900
5,100
1,700
1,500
1,717
1,646
1,830
1,667
917
1,412
1,899
12,925
13,514
1,580
1,480
1,206
1,428
1,633
1,236
942
1,996
3,017
1,940
2,470
2,037
2,136
1,709
1,928
2,309
30,984
24,531
40,771
50,317
2,188
4,914
38,495
9,510
9,978
9,431
11,199
11,174
16,195
12,395
13,098
91,222
5,368
5,602
5,241
74,297
5,046
6,547
84,150
6,683
6,801
6,898
83,114
9,258
77,745
9,415
85,848
52,807
55,007
10,818
60,898
8,464
10,715
11,982
22,607
13,037
13,383
11,958
24,868
11,954
13,269
60,611
52,744
28,283
14,223
54,149
56,469
16,680
17,678
19,939
45,361
20,851
41,083
20,287
78,704
10,382
17,387
39,707
51,683
9,080
23,097
9,899
28,139
27,020
10,115
7,866
12,308

12,308

7,866

10,115

27,020

28,139

9,899

23,097

9,080

51,683

39,707

17,387

10,382

78,704

20,287

41,083

20,851

45,361

19,939

17,678

16,680

56,469

54,149

14,223

28,283

52,744

60,611

13,269

11,954

24,868

11,958

13,383

13,037

22,607

11,982

10,715

8,464

60,898

10,818

55,007

52,807

85,848

9,415

77,745

9,258

83,114

6,898

6,801

6,683

84,150

6,547

5,046

74,297

5,241

5,602

5,368

91,222

13,098

12,395

16,195

11,174

11,199

9,431

9,978

9,510

38,495

4,914

2,188

50,317

40,771

24,531

30,984

2,309

1,928

1,709

2,136

2,037

2,470

1,940

3,017

1,996

942

1,236

1,633

1,428

1,206

1,480

1,580

13,514

12,925

1,899

1,412

917

1,667

1,830

1,646

1,717

1,500

1,700

5,100

1,900

1,400

1,800

1,500

1,300

28,500

28,800

30,100

35,900

59,100

39,200

9,600

28,200

29,200

1,700

800

> Long-term Assets

0
0
0
3,100
0
0
9,200
10,100
26,600
46,400
54,200
58,100
79,600
86,600
111,700
114,800
166,300
181,300
199,900
207,000
223,000
252,800
256,200
254,800
260,788
259,555
257,714
250,859
249,408
468,251
468,976
460,141
462,192
479,387
485,381
487,324
489,760
532,132
559,537
572,037
580,612
609,754
613,056
636,655
673,410
703,192
727,895
735,779
801,557
0
0
0
0
805,020
957,601
938,676
940,586
980,753
1,183,466
1,211,973
1,225,113
1,290,073
1,363,528
1,396,685
1,443,467
1,460,886
1,467,022
1,741,637
1,773,626
1,767,406
1,845,813
1,935,375
1,963,772
2,006,743
2,130,163
2,391,293
2,398,028
2,521,699
2,606,902
2,640,591
2,703,148
2,766,802
2,997,156
3,141,743
3,168,357
3,749,635
3,973,317
4,019,445
4,084,848
4,222,937
4,768,407
4,752,272
4,862,447
4,849,826
5,027,200
5,240,043
5,260,399
5,234,708
5,213,323
5,277,502
4,648,841
4,653,291
3,325,360
3,488,904
3,378,766
2,698,883
1,773,666
1,798,600
1,818,345
1,802,817
1,858,075
1,981,697
1,901,199
2,003,701
1,908,250
2,013,137
2,008,168
1,907,743
1,905,815
1,736,356

1,736,356

1,905,815

1,907,743

2,008,168

2,013,137

1,908,250

2,003,701

1,901,199

1,981,697

1,858,075

1,802,817

1,818,345

1,798,600

1,773,666

2,698,883

3,378,766

3,488,904

3,325,360

4,653,291

4,648,841

5,277,502

5,213,323

5,234,708

5,260,399

5,240,043

5,027,200

4,849,826

4,862,447

4,752,272

4,768,407

4,222,937

4,084,848

4,019,445

3,973,317

3,749,635

3,168,357

3,141,743

2,997,156

2,766,802

2,703,148

2,640,591

2,606,902

2,521,699

2,398,028

2,391,293

2,130,163

2,006,743

1,963,772

1,935,375

1,845,813

1,767,406

1,773,626

1,741,637

1,467,022

1,460,886

1,443,467

1,396,685

1,363,528

1,290,073

1,225,113

1,211,973

1,183,466

980,753

940,586

938,676

957,601

805,020

801,557

735,779

727,895

703,192

673,410

636,655

613,056

609,754

580,612

572,037

559,537

532,132

489,760

487,324

485,381

479,387

462,192

460,141

468,976

468,251

249,408

250,859

257,714

259,555

260,788

254,800

256,200

252,800

223,000

207,000

199,900

181,300

166,300

114,800

111,700

86,600

79,600

58,100

54,200

46,400

26,600

10,100

9,200

3,100

Property Plant Equipment

0
0
0
3,000
0
0
4,300
4,500
5,200
7,000
8,000
8,700
9,100
9,300
9,600
9,900
10,100
10,600
11,600
11,900
12,000
12,900
13,400
13,600
13,992
14,274
14,263
9,629
10,024
13,738
14,230
14,836
15,033
14,838
15,581
16,820
16,531
17,140
26,823
27,194
27,775
27,072
26,618
26,621
26,452
27,432
27,116
27,855
27,658
27,871
27,565
29,939
29,636
27,871
30,045
31,162
33,981
35,046
37,469
38,807
40,907
1,290,073
42,158
43,272
44,663
44,548
1,467,022
42,774
1,773,626
60,106
61,639
1,935,375
59,571
59,874
59,207
59,738
60,275
61,408
60,931
59,911
60,700
60,178
63,596
66,048
67,274
81,362
82,873
83,634
87,742
89,896
98,495
103,068
108,261
110,476
114,839
123,536
127,055
131,922
137,832
133,037
180,020
182,577
178,010
82,824
180,037
174,286
137,563
55,972
133,439
124,989
137,697
65,461
138,513
67,504
141,002
66,924
66,793
140,422
147,589
145,933

145,933

147,589

140,422

66,793

66,924

141,002

67,504

138,513

65,461

137,697

124,989

133,439

55,972

137,563

174,286

180,037

82,824

178,010

182,577

180,020

133,037

137,832

131,922

127,055

123,536

114,839

110,476

108,261

103,068

98,495

89,896

87,742

83,634

82,873

81,362

67,274

66,048

63,596

60,178

60,700

59,911

60,931

61,408

60,275

59,738

59,207

59,874

59,571

1,935,375

61,639

60,106

1,773,626

42,774

1,467,022

44,548

44,663

43,272

42,158

1,290,073

40,907

38,807

37,469

35,046

33,981

31,162

30,045

27,871

29,636

29,939

27,565

27,871

27,658

27,855

27,116

27,432

26,452

26,621

26,618

27,072

27,775

27,194

26,823

17,140

16,531

16,820

15,581

14,838

15,033

14,836

14,230

13,738

10,024

9,629

14,263

14,274

13,992

13,600

13,400

12,900

12,000

11,900

11,600

10,600

10,100

9,900

9,600

9,300

9,100

8,700

8,000

7,000

5,200

4,500

4,300

3,000

Goodwill

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
469,800
463,032
465,603
500,332
516,144
527,422
536,141
563,749
566,679
588,874
625,472
653,848
674,052
680,097
742,703
746,174
761,244
770,289
780,811
746,174
874,717
858,919
865,220
904,675
1,101,311
1,127,959
1,139,094
1,192,852
1,236,563
1,270,137
1,317,464
1,337,878
1,340,473
1,601,319
1,611,401
1,614,815
1,683,336
1,746,762
1,771,340
1,807,628
1,939,782
2,391,293
2,165,169
2,521,699
2,354,189
2,640,591
2,703,148
2,766,802
2,659,331
3,141,743
2,813,673
3,163,866
3,347,823
4,019,445
3,387,473
3,510,382
3,828,807
4,083,743
3,946,103
3,948,339
4,118,234
4,600,115
4,631,091
4,304,740
4,617,908
4,689,190
4,065,506
4,069,564
2,634,874
3,057,163
2,710,292
2,165,020
1,480,668
1,715,986
1,482,497
1,487,105
1,496,751
1,794,956
1,528,694
1,821,846
1,532,092
1,834,483
1,827,179
1,532,092
1,532,092
1,384,166

1,384,166

1,532,092

1,827,179

1,834,483

1,532,092

1,821,846

1,528,694

1,794,956

1,496,751

1,487,105

1,482,497

1,715,986

1,480,668

2,165,020

2,710,292

3,057,163

2,634,874

4,069,564

4,065,506

4,689,190

4,617,908

4,304,740

4,631,091

4,600,115

4,118,234

3,948,339

3,946,103

4,083,743

3,828,807

3,510,382

3,387,473

4,019,445

3,347,823

3,163,866

2,813,673

3,141,743

2,659,331

2,766,802

2,703,148

2,640,591

2,354,189

2,521,699

2,165,169

2,391,293

1,939,782

1,807,628

1,771,340

1,746,762

1,683,336

1,614,815

1,611,401

1,601,319

1,340,473

1,337,878

1,317,464

1,270,137

1,236,563

1,192,852

1,139,094

1,127,959

1,101,311

904,675

865,220

858,919

874,717

746,174

780,811

770,289

761,244

746,174

742,703

680,097

674,052

653,848

625,472

588,874

566,679

563,749

536,141

527,422

516,144

500,332

465,603

463,032

469,800

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
23,998
29,473
27,393
32,866
25,666
35,019
44,991
43,568
49,126
40,501
47,593
58,645
59,851
61,810
57,511
56,512
58,076
61,791
64,082
63,802
61,933
59,270
63,288
69,199
74,480
79,146
78,975
87,225
86,286
82,285
80,682
90,299
90,186
81,226
69,699
0
0
0
0
0
0
0
0
0
0
0
99,715
0
93,386
0
93,239
96,709
0
0
0

96,709

93,239

93,386

99,715

69,699

81,226

90,186

90,299

80,682

82,285

86,286

87,225

78,975

79,146

74,480

69,199

63,288

59,270

61,933

63,802

64,082

61,791

58,076

56,512

57,511

61,810

59,851

58,645

47,593

40,501

49,126

43,568

44,991

35,019

25,666

32,866

27,393

29,473

23,998

Intangible Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
241,230
239,384
454,513
454,746
445,305
447,159
464,549
469,800
463,032
465,603
500,332
516,144
527,422
536,141
563,749
566,679
588,874
625,472
653,848
674,052
680,097
680,097
746,174
761,244
7,195
780,811
7,195
874,717
11,439
12,119
904,675
1,101,311
1,141,863
1,139,094
1,192,852
1,236,563
1,308,981
1,317,464
1,337,878
1,340,473
1,653,095
1,611,401
1,614,815
1,683,336
1,812,026
1,771,340
1,807,628
1,939,782
2,264,175
2,165,169
2,273,288
2,354,189
2,497,370
2,457,574
2,516,253
2,659,331
2,974,324
2,813,673
3,163,866
3,347,823
424,219
439,693
446,232
671,742
668,529
660,383
643,002
643,214
639,928
629,308
614,226
595,415
588,312
300,662
286,101
279,605
274,407
263,308
200,408
27,665
26,642
21,483
19,989
21,617
21,565
21,050
20,965
19,534
18,491
17,487
16,800
15,486
21,240

21,240

15,486

16,800

17,487

18,491

19,534

20,965

21,050

21,565

21,617

19,989

21,483

26,642

27,665

200,408

263,308

274,407

279,605

286,101

300,662

588,312

595,415

614,226

629,308

639,928

643,214

643,002

660,383

668,529

671,742

446,232

439,693

424,219

3,347,823

3,163,866

2,813,673

2,974,324

2,659,331

2,516,253

2,457,574

2,497,370

2,354,189

2,273,288

2,165,169

2,264,175

1,939,782

1,807,628

1,771,340

1,812,026

1,683,336

1,614,815

1,611,401

1,653,095

1,340,473

1,337,878

1,317,464

1,308,981

1,236,563

1,192,852

1,139,094

1,141,863

1,101,311

904,675

12,119

11,439

874,717

7,195

780,811

7,195

761,244

746,174

680,097

674,052

653,848

625,472

588,874

566,679

563,749

536,141

527,422

516,144

500,332

465,603

463,032

469,800

464,549

447,159

445,305

454,746

454,513

239,384

241,230

Other Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
246,796
245,281
243,451
241,230
239,384
454,513
454,746
445,305
447,159
464,549
469,800
470,504
473,229
514,992
532,714
544,843
552,837
582,682
586,438
610,034
646,958
675,760
700,779
707,924
773,899
777,149
793,669
803,632
821,825
827,429
927,556
907,514
906,605
945,707
1,145,997
1,173,166
1,184,206
1,247,945
1,321,370
1,353,413
1,398,804
1,416,338
1,422,979
1,698,863
1,713,054
1,707,300
1,784,174
1,874,845
1,904,201
1,946,869
2,070,956
2,331,555
2,337,753
2,460,291
2,545,971
2,580,680
2,642,448
2,706,624
2,933,560
3,075,695
3,101,083
3,668,273
3,890,444
3,935,811
3,997,106
4,133,041
4,669,912
4,649,204
4,754,186
4,739,350
4,912,361
5,116,507
148,022
130,027
131,816
137,852
102,653
115,049
232,871
252,379
225,129
159,169
127,770
217,799
180,926
170,734
202,010
219,372
212,942
217,604
215,622
229,101
222,159
218,429
210,648
0

210,648

218,429

222,159

229,101

215,622

217,604

212,942

219,372

202,010

170,734

180,926

217,799

127,770

159,169

225,129

252,379

232,871

115,049

102,653

137,852

131,816

130,027

148,022

5,116,507

4,912,361

4,739,350

4,754,186

4,649,204

4,669,912

4,133,041

3,997,106

3,935,811

3,890,444

3,668,273

3,101,083

3,075,695

2,933,560

2,706,624

2,642,448

2,580,680

2,545,971

2,460,291

2,337,753

2,331,555

2,070,956

1,946,869

1,904,201

1,874,845

1,784,174

1,707,300

1,713,054

1,698,863

1,422,979

1,416,338

1,398,804

1,353,413

1,321,370

1,247,945

1,184,206

1,173,166

1,145,997

945,707

906,605

907,514

927,556

827,429

821,825

803,632

793,669

777,149

773,899

707,924

700,779

675,760

646,958

610,034

586,438

582,682

552,837

544,843

532,714

514,992

473,229

470,504

469,800

464,549

447,159

445,305

454,746

454,513

239,384

241,230

243,451

245,281

246,796

Deferred Long Term Asset Charges

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
142,231
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

142,231

> Total Liabilities

0
0
0
4,200
0
0
5,800
7,100
11,800
14,100
20,300
22,700
24,000
24,200
29,300
33,100
35,200
47,000
59,100
63,300
67,600
97,800
116,600
105,900
110,764
108,696
99,256
82,834
74,068
117,594
88,024
94,247
81,793
74,762
85,865
100,681
82,341
115,080
141,765
145,216
105,454
121,218
142,672
217,858
219,286
199,813
186,521
208,612
212,291
207,899
219,048
269,369
223,520
207,899
295,974
343,750
279,259
352,204
515,892
531,736
516,041
526,910
535,341
499,252
502,193
459,371
427,678
590,192
560,049
482,509
517,596
541,632
527,224
476,853
583,860
714,969
686,900
696,245
745,771
706,442
792,064
769,723
973,105
1,343,229
1,532,252
2,054,844
2,212,754
2,109,368
2,175,687
2,213,361
2,676,527
2,578,633
2,662,415
2,569,148
2,763,949
2,800,824
2,739,586
2,672,716
2,823,419
2,847,027
2,926,445
2,913,784
2,811,301
2,646,905
2,832,266
2,560,642
2,619,820
2,600,231
1,716,761
1,746,006
1,800,427
1,825,854
1,463,900
1,524,186
1,473,290
1,456,255
1,410,280
1,363,135
1,358,354
1,370,749

1,370,749

1,358,354

1,363,135

1,410,280

1,456,255

1,473,290

1,524,186

1,463,900

1,825,854

1,800,427

1,746,006

1,716,761

2,600,231

2,619,820

2,560,642

2,832,266

2,646,905

2,811,301

2,913,784

2,926,445

2,847,027

2,823,419

2,672,716

2,739,586

2,800,824

2,763,949

2,569,148

2,662,415

2,578,633

2,676,527

2,213,361

2,175,687

2,109,368

2,212,754

2,054,844

1,532,252

1,343,229

973,105

769,723

792,064

706,442

745,771

696,245

686,900

714,969

583,860

476,853

527,224

541,632

517,596

482,509

560,049

590,192

427,678

459,371

502,193

499,252

535,341

526,910

516,041

531,736

515,892

352,204

279,259

343,750

295,974

207,899

223,520

269,369

219,048

207,899

212,291

208,612

186,521

199,813

219,286

217,858

142,672

121,218

105,454

145,216

141,765

115,080

82,341

100,681

85,865

74,762

81,793

94,247

88,024

117,594

74,068

82,834

99,256

108,696

110,764

105,900

116,600

97,800

67,600

63,300

59,100

47,000

35,200

33,100

29,300

24,200

24,000

22,700

20,300

14,100

11,800

7,100

5,800

4,200

> Total Current Liabilities

0
0
0
3,400
0
0
5,000
6,300
11,100
13,300
17,500
19,700
20,900
20,200
25,500
28,100
29,600
33,600
38,300
48,800
51,600
48,200
108,200
96,300
100,596
97,028
87,071
71,767
62,657
91,262
59,798
78,577
64,894
56,589
68,603
81,800
61,940
75,645
118,123
121,045
78,149
92,580
115,416
131,054
102,907
118,764
147,254
166,788
126,992
165,370
174,394
221,315
141,929
165,370
216,078
264,887
211,669
221,379
266,041
317,125
258,998
289,625
349,154
346,704
369,630
285,352
311,242
320,847
298,448
174,802
215,069
541,632
172,868
197,209
244,881
255,661
190,895
204,154
273,994
308,754
178,088
241,766
329,280
380,658
267,427
311,810
404,572
395,807
312,744
332,104
413,033
407,938
328,613
350,148
475,994
438,017
302,565
411,213
413,739
469,342
415,183
441,046
500,790
511,866
346,400
383,933
488,364
423,157
326,958
351,105
397,564
394,118
269,727
287,463
351,694
374,225
226,675
320,318
350,444
388,946

388,946

350,444

320,318

226,675

374,225

351,694

287,463

269,727

394,118

397,564

351,105

326,958

423,157

488,364

383,933

346,400

511,866

500,790

441,046

415,183

469,342

413,739

411,213

302,565

438,017

475,994

350,148

328,613

407,938

413,033

332,104

312,744

395,807

404,572

311,810

267,427

380,658

329,280

241,766

178,088

308,754

273,994

204,154

190,895

255,661

244,881

197,209

172,868

541,632

215,069

174,802

298,448

320,847

311,242

285,352

369,630

346,704

349,154

289,625

258,998

317,125

266,041

221,379

211,669

264,887

216,078

165,370

141,929

221,315

174,394

165,370

126,992

166,788

147,254

118,764

102,907

131,054

115,416

92,580

78,149

121,045

118,123

75,645

61,940

81,800

68,603

56,589

64,894

78,577

59,798

91,262

62,657

71,767

87,071

97,028

100,596

96,300

108,200

48,200

51,600

48,800

38,300

33,600

29,600

28,100

25,500

20,200

20,900

19,700

17,500

13,300

11,100

6,300

5,000

3,400

Short-term Debt

0
0
0
100
0
0
100
100
100
100
200
200
200
200
200
200
200
200
200
200
0
200
57,000
48,600
52,343
47,900
39,000
23,500
15,800
41,727
553
531
534
533
531
504
483
625
15,095
686
652
617
614
619
623
646
911
882
829
777
451
483
405
777
457
469
459
204
249
258
314
270
252
234
129,376
178
242
125
177,337
190
160
29,470
121
95
92
101
95
97
99
92
102
103
349
10,465
10,435
12,044
11,792
11,883
11,864
16,969
19,621
22,054
24,356
27,040
29,306
1,401
1,131
860
535
253
24,966
24,700
23,611
23,447
23,037
23,024
21,135
21,152
20,548
21,187
21,725
22,174
23,289
35,542
37,573
36,487
35,972
36,486
36,743
35,989

35,989

36,743

36,486

35,972

36,487

37,573

35,542

23,289

22,174

21,725

21,187

20,548

21,152

21,135

23,024

23,037

23,447

23,611

24,700

24,966

253

535

860

1,131

1,401

29,306

27,040

24,356

22,054

19,621

16,969

11,864

11,883

11,792

12,044

10,435

10,465

349

103

102

101

121

29,470

160

190

177,337

125

242

178

129,376

234

252

270

314

258

249

204

459

469

457

777

405

483

451

777

829

882

911

646

623

619

614

617

652

686

15,095

625

483

504

531

533

534

531

553

41,727

15,800

23,500

39,000

47,900

52,343

48,600

57,000

200

100

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10,000
0
0
0
10,000
11,864
16,969
19,621
20,000
24,356
1,773,171
29,306
1,852,824
1,966,399
1,891,972
0
0
240
206
0
0
697
1,426
2,440
0
2,369
2,339
0
0
0
14,922
14,919
14,898
14,914
14,919
14,929
12,500

12,500

14,929

14,919

14,914

14,898

14,919

14,922

2,339

2,369

2,440

1,426

697

206

240

1,891,972

1,966,399

1,852,824

29,306

1,773,171

24,356

20,000

19,621

16,969

11,864

10,000

Accounts payable

0
0
0
2,800
0
0
3,600
4,300
7,500
8,800
11,100
13,400
12,700
12,500
14,800
16,200
15,300
17,100
20,900
30,000
32,000
30,100
32,200
29,100
27,796
31,240
30,574
29,878
28,260
45,034
55,083
73,203
61,075
54,789
68,072
76,400
54,530
73,357
96,976
111,974
75,470
91,963
111,576
128,991
93,979
10,832
135,213
164,749
12,360
4,163
3,084
5,945
3,100
4,163
210,624
5,574
6,802
10,397
243,160
10,585
7,320
7,896
10,834
11,199
8,787
7,512
8,216
9,581
9,773
10,817
9,835
12,264
11,640
12,104
9,970
255,661
9,584
204,154
11,474
308,754
178,088
241,766
22,174
380,658
22,826
25,191
22,340
395,807
30,637
27,913
23,346
407,938
23,885
30,365
27,339
438,017
302,565
28,377
413,739
469,342
32,149
32,386
38,329
511,866
47,519
48,982
60,956
423,157
59,069
40,658
34,361
394,118
30,315
287,463
27,136
31,857
35,333
30,992
31,696
34,588

34,588

31,696

30,992

35,333

31,857

27,136

287,463

30,315

394,118

34,361

40,658

59,069

423,157

60,956

48,982

47,519

511,866

38,329

32,386

32,149

469,342

413,739

28,377

302,565

438,017

27,339

30,365

23,885

407,938

23,346

27,913

30,637

395,807

22,340

25,191

22,826

380,658

22,174

241,766

178,088

308,754

11,474

204,154

9,584

255,661

9,970

12,104

11,640

12,264

9,835

10,817

9,773

9,581

8,216

7,512

8,787

11,199

10,834

7,896

7,320

10,585

243,160

10,397

6,802

5,574

210,624

4,163

3,100

5,945

3,084

4,163

12,360

164,749

135,213

10,832

93,979

128,991

111,576

91,963

75,470

111,974

96,976

73,357

54,530

76,400

68,072

54,789

61,075

73,203

55,083

45,034

28,260

29,878

30,574

31,240

27,796

29,100

32,200

30,100

32,000

30,000

20,900

17,100

15,300

16,200

14,800

12,500

12,700

13,400

11,100

8,800

7,500

4,300

3,600

2,800

Other Current Liabilities

0
0
0
500
0
0
1,300
1,900
3,500
4,400
6,200
6,100
8,000
7,500
10,500
11,700
14,100
16,300
17,200
18,600
19,600
17,900
19,000
18,600
20,457
17,888
17,497
18,389
8,059
4,122
4,162
4,843
3,285
1,267
68,072
4,896
6,927
1,663
6,052
-10,969
2,027
91,963
3,226
-18,722
8,305
2,044
11,130
-23,243
29,094
157,532
170,859
200,607
133,755
2,898
4,997
205,454
41,662
19,144
22,632
235,898
251,364
281,459
338,068
262,837
249,806
277,662
302,868
250,562
-37,429
163,985
205,234
429,584
161,228
185,105
234,911
-69,135
181,311
201,033
262,520
-71,572
204,340
237,421
307,106
-56,426
234,166
274,575
370,440
-200,839
270,243
287,222
370,066
-249,856
280,372
292,743
419,349
-149,198
324,200
381,976
404,697
-131,493
32,289
28,282
30,444
502,208
298,184
268,840
78,712
-75,624
200,428
253,591
302,079
-110,518
216,123
-128,760
286,985
199,956
155,370
283,832
313,701
318,369

318,369

313,701

283,832

155,370

199,956

286,985

-128,760

216,123

-110,518

302,079

253,591

200,428

-75,624

78,712

268,840

298,184

502,208

30,444

28,282

32,289

-131,493

404,697

381,976

324,200

-149,198

419,349

292,743

280,372

-249,856

370,066

287,222

270,243

-200,839

370,440

274,575

234,166

-56,426

307,106

237,421

204,340

-71,572

262,520

201,033

181,311

-69,135

234,911

185,105

161,228

429,584

205,234

163,985

-37,429

250,562

302,868

277,662

249,806

262,837

338,068

281,459

251,364

235,898

22,632

19,144

41,662

205,454

4,997

2,898

133,755

200,607

170,859

157,532

29,094

-23,243

11,130

2,044

8,305

-18,722

3,226

91,963

2,027

-10,969

6,052

1,663

6,927

4,896

68,072

1,267

3,285

4,843

4,162

4,122

8,059

18,389

17,497

17,888

20,457

18,600

19,000

17,900

19,600

18,600

17,200

16,300

14,100

11,700

10,500

7,500

8,000

6,100

6,200

4,400

3,500

1,900

1,300

500

> Long-term Liabilities

0
0
0
800
0
0
800
800
700
800
2,800
3,000
3,100
4,000
3,800
5,000
5,600
13,400
20,800
14,500
16,000
49,600
8,400
9,600
10,168
11,668
12,185
11,067
11,411
26,332
28,226
15,670
16,899
18,173
17,262
18,881
20,401
39,435
23,642
24,171
27,305
28,638
27,256
86,804
116,379
81,049
39,267
41,824
85,299
0
0
0
0
42,529
79,896
78,863
67,590
130,825
249,851
214,611
257,043
237,285
186,187
152,548
132,563
174,019
116,436
269,345
261,601
307,707
302,527
287,331
354,356
279,644
338,979
459,308
496,005
492,091
471,777
397,688
613,976
527,957
643,825
962,571
1,264,825
1,743,034
1,808,182
1,713,561
1,862,943
1,881,257
2,263,494
2,170,695
2,333,802
2,219,000
2,287,955
2,362,807
2,437,021
2,261,503
2,409,680
2,377,685
2,511,262
2,472,738
2,310,511
2,135,039
2,485,866
2,176,709
2,131,456
2,177,074
1,389,803
1,394,901
1,402,863
1,431,736
1,194,173
1,236,723
1,121,596
1,082,030
1,183,605
1,042,817
1,007,910
981,803

981,803

1,007,910

1,042,817

1,183,605

1,082,030

1,121,596

1,236,723

1,194,173

1,431,736

1,402,863

1,394,901

1,389,803

2,177,074

2,131,456

2,176,709

2,485,866

2,135,039

2,310,511

2,472,738

2,511,262

2,377,685

2,409,680

2,261,503

2,437,021

2,362,807

2,287,955

2,219,000

2,333,802

2,170,695

2,263,494

1,881,257

1,862,943

1,713,561

1,808,182

1,743,034

1,264,825

962,571

643,825

527,957

613,976

397,688

471,777

492,091

496,005

459,308

338,979

279,644

354,356

287,331

302,527

307,707

261,601

269,345

116,436

174,019

132,563

152,548

186,187

237,285

257,043

214,611

249,851

130,825

67,590

78,863

79,896

42,529

85,299

41,824

39,267

81,049

116,379

86,804

27,256

28,638

27,305

24,171

23,642

39,435

20,401

18,881

17,262

18,173

16,899

15,670

28,226

26,332

11,411

11,067

12,185

11,668

10,168

9,600

8,400

49,600

16,000

14,500

20,800

13,400

5,600

5,000

3,800

4,000

3,100

3,000

2,800

800

700

800

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
117
84
146,556
177,050
66,388
50,359
29,327
83,806
289
48,257
144,233
184,209
153,984
123,659
27,143
248,108
178,590
288,151
190,855
188,226
1,284,857
1,350,501
1,262,820
1,430,837
1,422,478
1,769,181
1,683,628
1,877,996
1,746,131
1,797,150
1,851,423
1,965,268
1,891,112
2,005,958
1,974,280
2,119,482
2,079,918
1,939,177
1,730,295
2,101,969
1,737,176
1,742,263
1,742,586
996,862
996,643
1,002,510
1,002,258
804,930
793,254
731,004
636,381
742,814
666,273
621,691
0

621,691

666,273

742,814

636,381

731,004

793,254

804,930

1,002,258

1,002,510

996,643

996,862

1,742,586

1,742,263

1,737,176

2,101,969

1,730,295

1,939,177

2,079,918

2,119,482

1,974,280

2,005,958

1,891,112

1,965,268

1,851,423

1,797,150

1,746,131

1,877,996

1,683,628

1,769,181

1,422,478

1,430,837

1,262,820

1,350,501

1,284,857

188,226

190,855

288,151

178,590

248,108

27,143

123,659

153,984

184,209

144,233

48,257

289

83,806

29,327

50,359

66,388

177,050

146,556

117

Deferred Long Term Asset Charges

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
142,231
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

142,231

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,666
3,339
3,642
3,870
3,899
3,683
3,386
3,149
3,457
3,720
3,135
3,606
3,935
4,749
5,118
5,564
6,197
6,579
6,965
8,059
8,770
8,795
9,787
10,372
11,546
11,560
12,219
13,405
45,365
38,496
38,214
37,919
27,537
30,016
34,341
27,882
28,664
35,001
43,520
42,885
52,469
51,528
50,105
48,723
154,924
157,657
163,339
164,173
171,628
174,810
179,549
176,521
181,694
188,876
200,235
200,352
204,218
202,920
203,449
207,614
215,063
248,301
238,630
228,821
234,111
238,307
226,480
218,254
221,345
222,156
245,413
270,179
417,329
370,391
381,520
372,554
320,618
322,289
306,047
307,787
321,659
382,597
348,973
372,366
355,084
358,281
359,277
365,908
348,254
359,470
345,033
348,678
0
333,478
337,730
0

337,730

333,478

348,678

345,033

359,470

348,254

365,908

359,277

358,281

355,084

372,366

348,973

382,597

321,659

307,787

306,047

322,289

320,618

372,554

381,520

370,391

417,329

270,179

245,413

222,156

221,345

218,254

226,480

238,307

234,111

228,821

238,630

248,301

215,063

207,614

203,449

202,920

204,218

200,352

200,235

188,876

181,694

176,521

179,549

174,810

171,628

164,173

163,339

157,657

154,924

48,723

50,105

51,528

52,469

42,885

43,520

35,001

28,664

27,882

34,341

30,016

27,537

37,919

38,214

38,496

45,365

13,405

12,219

11,560

11,546

10,372

9,787

8,795

8,770

8,059

6,965

6,579

6,197

5,564

5,118

4,749

3,935

3,606

3,135

3,720

3,457

3,149

3,386

3,683

3,899

3,870

3,642

3,339

2,666

Deferred Long Term Liability

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
64,374
66,247
74,066
78,394
83,662
88,829
93,831
98,922
104,545
111,173
125,877
130,102
140,612
147,883
152,155
117,543
125,406
152,225
160,487
163,036
209,876
219,051
188,956
197,995
220,472
267,833
227,802
234,461
250,713
245,392
147,797
147,893
126,505
129,637
131,240
0
84,629
61,207
0
61,975
68,681
63,630
61,746
61,746
48,428
50,742
41,409
39,301
43,080
39,904
33,638
32,703
0
0
0

32,703

33,638

39,904

43,080

39,301

41,409

50,742

48,428

61,746

63,630

68,681

61,975

61,207

84,629

131,240

129,637

126,505

147,893

147,797

245,392

250,713

234,461

227,802

267,833

220,472

197,995

188,956

219,051

209,876

163,036

160,487

152,225

125,406

117,543

152,155

147,883

140,612

130,102

125,877

111,173

104,545

98,922

93,831

88,829

83,662

78,394

74,066

66,247

64,374

> Total Stockholder Equity

0
0
0
16,100
0
0
60,100
62,800
65,600
68,900
132,000
136,300
141,700
149,600
155,500
163,700
170,400
179,600
188,300
201,100
209,500
218,000
223,100
228,900
232,265
232,901
236,812
241,900
246,005
429,322
458,953
478,852
503,808
553,739
523,267
547,998
516,338
524,874
536,510
572,378
617,078
631,128
630,086
571,031
601,088
651,348
697,711
691,791
750,726
783,160
825,599
865,801
894,848
783,160
941,977
959,052
927,918
874,553
919,133
965,138
1,005,872
1,056,535
1,116,833
1,190,098
1,238,121
1,300,323
1,373,321
1,447,454
1,505,751
1,590,218
1,662,220
1,731,016
1,797,813
1,870,113
1,949,109
2,035,368
2,105,756
2,193,145
2,234,094
2,342,988
2,307,080
2,404,777
2,504,047
2,265,566
2,113,233
2,219,548
2,333,135
2,437,846
2,460,411
2,557,965
2,667,337
2,760,767
2,762,470
2,838,248
2,916,574
3,066,454
3,143,488
3,186,922
3,015,305
3,087,884
2,779,812
2,725,027
1,479,360
1,498,996
1,487,396
826,570
804,761
747,717
766,759
808,906
845,466
896,692
877,076
845,430
858,667
891,632
909,771
942,375
967,985
849,061

849,061

967,985

942,375

909,771

891,632

858,667

845,430

877,076

896,692

845,466

808,906

766,759

747,717

804,761

826,570

1,487,396

1,498,996

1,479,360

2,725,027

2,779,812

3,087,884

3,015,305

3,186,922

3,143,488

3,066,454

2,916,574

2,838,248

2,762,470

2,760,767

2,667,337

2,557,965

2,460,411

2,437,846

2,333,135

2,219,548

2,113,233

2,265,566

2,504,047

2,404,777

2,307,080

2,342,988

2,234,094

2,193,145

2,105,756

2,035,368

1,949,109

1,870,113

1,797,813

1,731,016

1,662,220

1,590,218

1,505,751

1,447,454

1,373,321

1,300,323

1,238,121

1,190,098

1,116,833

1,056,535

1,005,872

965,138

919,133

874,553

927,918

959,052

941,977

783,160

894,848

865,801

825,599

783,160

750,726

691,791

697,711

651,348

601,088

571,031

630,086

631,128

617,078

572,378

536,510

524,874

516,338

547,998

523,267

553,739

503,808

478,852

458,953

429,322

246,005

241,900

236,812

232,901

232,265

228,900

223,100

218,000

209,500

201,100

188,300

179,600

170,400

163,700

155,500

149,600

141,700

136,300

132,000

68,900

65,600

62,800

60,100

16,100

Common Stock

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
200
200
156
158
158
159
159
236
244
250
255
267
268
270
271
276
281
284
291
293
295
225
228
233
239
237
484
487
488
489
490
487
489
484
471
456
456
456
457
463
465
470
471
476
476
479
481
487
489
489
492
497
498
500
502
506
502
1,012
995
1,002
1,003
960
934
940
940
937
929
935
936
937
929
935
936
937
944
934
893
878
864
841
842
842
852
855
855
856
862
863
864
864
872
841
830
829
836
838
839
840

840

839

838

836

829

830

841

872

864

863

862

856

855

852

842

841

864

878

893

934

944

937

936

935

929

937

936

935

929

937

940

934

960

1,003

1,002

995

1,012

502

506

502

500

498

497

492

489

487

481

479

476

471

470

465

463

457

456

471

484

489

487

490

489

488

487

484

237

239

233

228

225

295

293

291

284

281

276

271

270

268

267

255

250

244

236

159

158

156

200

Retained Earnings Total Equity

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
672,814
734,084
787,884
833,340
889,281
947,522
1,005,881
1,054,231
1,114,775
1,180,685
1,246,788
1,302,155
1,371,373
1,405,049
1,484,023
1,447,629
1,518,277
1,604,484
1,376,782
1,236,888
1,321,018
1,414,654
1,510,356
1,528,512
1,610,939
1,707,448
1,785,526
1,782,509
1,846,207
1,912,087
2,048,189
2,111,617
2,153,415
2,015,742
2,094,359
1,801,270
1,756,719
500,809
0
491,287
-179,071
-222,058
-286,354
-268,712
-233,701
-202,906
-155,390
-176,586
-149,450
-118,722
-89,063
-74,857
0
0
0

-74,857

-89,063

-118,722

-149,450

-176,586

-155,390

-202,906

-233,701

-268,712

-286,354

-222,058

-179,071

491,287

500,809

1,756,719

1,801,270

2,094,359

2,015,742

2,153,415

2,111,617

2,048,189

1,912,087

1,846,207

1,782,509

1,785,526

1,707,448

1,610,939

1,528,512

1,510,356

1,414,654

1,321,018

1,236,888

1,376,782

1,604,484

1,518,277

1,447,629

1,484,023

1,405,049

1,371,373

1,302,155

1,246,788

1,180,685

1,114,775

1,054,231

1,005,881

947,522

889,281

833,340

787,884

734,084

672,814

Accumulated Other Comprehensive Income

0
0
0
-400
0
0
-400
-200
-200
-200
-200
-1,300
-1,300
-1,300
-1,300
-2,200
-2,200
-2,200
-2,200
-3,700
-3,700
-3,700
-3,700
-5,700
-5,700
-5,700
-5,700
-7,592
-7,592
-7,592
0
-12,210
-12,210
-12,210
-12,210
-17,655
-17,655
-17,655
-17,655
-24,477
-24,477
-24,477
-24,477
-30,959
-30,959
-30,959
-21,199
-15,621
-36,605
-36,605
-36,605
-40,718
-40,718
-36,605
-40,718
-45,225
-45,225
-45,225
-45,225
-52,052
0
0
0
-60,610
0
0
0
-56,182
0
0
0
-65,191
0
0
0
-74,051
0
0
0
-86,999
0
2,404,777
2,505,112
-96,895
2,114,062
2,220,295
2,333,741
-119,334
2,460,600
0
0
-143,708
0
0
0
-169,624
0
0
0
-207,816
-194
38
0
-202,102
0
0
1,990
3,530
2,397
2,513
2,223
1,317
-1,351
-2,585
-4,100
-3,735
-3,131
-3,518
-3,517
-2,214

-2,214

-3,517

-3,518

-3,131

-3,735

-4,100

-2,585

-1,351

1,317

2,223

2,513

2,397

3,530

1,990

-202,102

-194

-207,816

-169,624

-143,708

2,460,600

-119,334

2,333,741

2,220,295

2,114,062

-96,895

2,505,112

2,404,777

-86,999

-74,051

-65,191

-56,182

-60,610

-52,052

-45,225

-40,718

-36,605

-40,718

-36,605

-15,621

-21,199

-30,959

-24,477

-17,655

-12,210

-7,592

-5,700

-3,700

-2,200

-1,300

-200

-400

Capital Surplus

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
627,033
638,761
659,091
671,930
700,450
714,209
724,646
743,090
754,841
767,926
788,080
803,099
821,266
828,543
857,953
858,456
884,464
898,560
886,877
875,411
897,590
917,541
926,235
930,970
946,091
958,953
974,304
979,032
991,106
1,003,551
1,017,328
1,030,927
1,032,573
998,670
992,647
977,872
967,429
977,709
987,942
995,257
1,004,786
1,023,974
1,029,453
1,032,212
1,039,231
1,045,285
1,049,696
1,054,141
996,624
980,659
983,601
986,923
991,630
995,847
0

995,847

991,630

986,923

983,601

980,659

996,624

1,054,141

1,049,696

1,045,285

1,039,231

1,032,212

1,029,453

1,023,974

1,004,786

995,257

987,942

977,709

967,429

977,872

992,647

998,670

1,032,573

1,030,927

1,017,328

1,003,551

991,106

979,032

974,304

958,953

946,091

930,970

926,235

917,541

897,590

875,411

886,877

898,560

884,464

858,456

857,953

828,543

821,266

803,099

788,080

767,926

754,841

743,090

724,646

714,209

700,450

671,930

659,091

638,761

627,033

Treasury Stock

-2,460,600

-2,437,846

-2,333,741

-2,220,295

-2,114,062

-2,265,566

-2,505,112

-2,404,777

-207,278

-173,151

-150,000

-124,767

-99,980

-49,998

Other Stockholders Equity

0
0
0
16,200
0
0
56,900
56,000
56,100
56,400
115,900
117,400
118,500
121,700
122,100
124,800
125,400
127,500
128,600
134,600
135,800
136,500
136,400
139,200
139,216
140,141
140,223
143,132
143,633
320,516
332,228
354,183
365,658
398,610
348,791
359,978
311,318
299,964
288,122
306,838
330,215
319,028
292,041
401,806
413,877
437,005
455,305
477,836
512,774
0
0
0
0
537,930
594,917
602,061
597,923
586,345
593,498
607,345
561,974
569,414
581,576
665,045
614,194
627,033
638,761
715,273
671,930
700,450
714,209
789,837
743,090
754,841
767,926
862,131
803,099
821,266
828,543
944,952
858,456
885,498
898,560
983,772
875,411
897,590
917,541
1,045,569
930,970
946,091
958,953
1,118,012
979,032
991,106
1,003,551
1,186,952
1,030,927
1,032,573
998,670
1,200,463
977,678
967,467
977,709
1,190,044
995,257
1,004,786
1,023,974
1,029,453
1,032,212
1,039,231
1,045,285
1,049,696
1,054,141
996,624
980,659
983,601
986,923
991,630
995,847
999,906

999,906

995,847

991,630

986,923

983,601

980,659

996,624

1,054,141

1,049,696

1,045,285

1,039,231

1,032,212

1,029,453

1,023,974

1,004,786

995,257

1,190,044

977,709

967,467

977,678

1,200,463

998,670

1,032,573

1,030,927

1,186,952

1,003,551

991,106

979,032

1,118,012

958,953

946,091

930,970

1,045,569

917,541

897,590

875,411

983,772

898,560

885,498

858,456

944,952

828,543

821,266

803,099

862,131

767,926

754,841

743,090

789,837

714,209

700,450

671,930

715,273

638,761

627,033

614,194

665,045

581,576

569,414

561,974

607,345

593,498

586,345

597,923

602,061

594,917

537,930

512,774

477,836

455,305

437,005

413,877

401,806

292,041

319,028

330,215

306,838

288,122

299,964

311,318

359,978

348,791

398,610

365,658

354,183

332,228

320,516

143,633

143,132

140,223

140,141

139,216

139,200

136,400

136,500

135,800

134,600

128,600

127,500

125,400

124,800

122,100

121,700

118,500

117,400

115,900

56,400

56,100

56,000

56,900

16,200

Balance Sheet

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31
Accounts Payable	34,588	31,857	394,118	423,157	511,866	469,342	438,017	407,938	395,807	380,658	308,754	255,661	12,264	9,581	11,199	10,585	5,945	5,945	164,749	128,991	111,974	76,400	73,203	29,878	29,100	30,000	16,200	13,400	4,300	2,800
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	-2,214	-3,735	1,317	3,530	78	-207,816	-169,624	-143,708	-119,334	-96,895	-86,999	-74,051	-65,191	-56,182	-60,610	-52,052	-40,718	-40,718	-15,621	-30,959	-24,477	-17,655	-12,210	-7,592	-5,700	-3,700	-2,200	-1,300	-200	-400
Additional Paid In Capital	0	0	0	0	0	0	0	0	2,437,846	2,265,566	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	77,555	65,802	63,570	71,021	90,510	253	0	3,550	0	0	143	233	327	56	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	840	829	864	856	842	878	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	983,601	1,049,696	1,029,453	987,942	992,647	1,017,328	974,304	926,235	886,877	857,953	788,080	724,646	659,091	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	73,258	9,824	387,391	1,123,843	112,767	36,745	60,200	55,698	51,572	47,928	31,137	21,280	18,596	26,251	26,503	14,346	69,595	69,595	11,192	7,011	27,896	73,195	27,557	3,075	800	700	18,600	18,400	18,500	7,400
Cash And Equivalents	0	9,824	387,391	1,123,843	112,767	25,491	60,200	55,698	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	177,743	9,824	387,391	1,228,713	112,767	58,668	70,492	66,984	60,425	53,963	37,594	27,864	22,735	43,632	31,883	35,110	135,255	0	22,112	16,972	27,896	73,195	27,557	3,075	800	700	18,600	18,400	18,500	7,400
Common Stock	840	829	864	856	842	878	937	937	937	960	1,012	500	489	479	470	456	489	489	237	225	284	270	250	159	200	0	0	0	0	0
Common Stock Shares Outstanding	82,201	84,121	85,828	83,395	84,011	91,606	93,721	93,718	93,960	99,887	101,207	100,038	97,866	95,140	92,942	94,322	98,774	98,774	192,160	198,940	98,308	106,516	89,912	64,212	63,440	63,948	121,128	116,440	52,204	52,044
Common Stock Total Equity	0	829	864	856	842	878	937	937	937	960	1,012	500	489	479	470	456	489	489	237	225	284	270	250	159	200	0	0	0	0	0
Current Deferred Revenue	-32,429	105,925	0	0	0	-469,387	-496,793	-422,529	-408,685	-383,955	-308,279	-254,627	222,271	133,557	0	0	200,607	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	33,638	41,409	61,746	0	131,240	147,797	227,802	0	160,487	152,155	125,877	93,831	74,066	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	1,384,166	1,834,483	1,794,956	1,715,986	3,057,163	4,689,190	4,600,115	4,083,743	4,019,445	3,141,743	2,640,591	2,391,293	1,746,762	1,601,319	1,270,137	1,127,959	770,289	770,289	680,097	588,874	527,422	463,032	0	0	0	0	0	0	0	0
Intangible Assets	21,240	18,491	21,565	26,642	274,407	588,312	639,928	668,529	424,219	2,974,324	2,497,370	2,264,175	1,812,026	1,653,095	1,308,981	1,141,863	7,195	7,195	680,097	588,874	527,422	463,032	445,305	241,230	0	0	0	0	0	0
Inventory	13,525	0	0	0	0	0	0	0	0	0	0	0	0	0	0	76,197	35,432	0	28,859	24,932	22,506	11,598	8,625	0	0	0	0	0	0	0
Liabilities And Stockholders Equity	2,219,810	2,347,887	2,722,546	3,347,948	4,145,901	5,934,911	5,867,278	5,339,400	4,547,214	3,608,795	3,049,430	2,750,337	2,272,648	2,037,646	1,689,350	1,496,874	1,135,170	1,135,170	900,403	788,889	717,594	648,679	573,099	324,734	334,800	270,700	196,800	159,000	69,900	20,300
Long Term Debt	611,593	636,381	1,002,258	1,742,586	1,730,237	1,974,280	1,851,423	1,683,628	1,262,820	368,000	27,000	144,000	29,000	146,500	50,209	139,856	455	377	622	54,693	1,178	1,985	2,675	0	0	0	0	0	0	0
Long Term Debt Total	0	636,381	1,002,258	1,742,586	1,730,295	1,974,280	1,851,423	1,683,628	1,262,820	190,855	27,143	144,233	29,327	146,556	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	0	93,239	99,715	0	74,510	69,699	80,682	78,975	63,288	64,082	57,511	47,593	44,991	27,393	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	628,390	743,744	678,437	680,865	1,707,980	1,937,788	1,792,624	1,649,984	1,223,131	521,392	-3,902	123,054	10,874	120,430	23,940	125,768	-68,735	-68,735	-9,688	48,301	-26,032	-70,706	-24,351	20,425	50,000	9,800	-15,800	-15,400	-17,600	-6,500
Net Invested Capital	1,473,154	1,542,911	1,898,745	2,481,142	3,229,233	5,062,164	4,919,278	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	279,878	296,787	301,775	241,931	498,869	542,272	503,999	495,276	444,737	352,191	285,397	248,066	230,388	181,395	164,444	162,395	125,573	125,573	111,725	107,860	94,213	75,356	63,851	69,133	77,700	61,600	34,900	23,400	12,100	9,000
Net Tangible Assets	0	891,632	896,487	-757,125	-9,441	-1,883,423	-1,857,437	-1,752,919	-1,352,841	-511,569	-50,743	-130,304	-15,746	-153,865	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	94,508	1,006	413,198	1,105,013	189,689	157,216	95,810	179,190	131,962	86,394	100,085	103,383	-204,359	-158,395	-104,248	-32,224	80,284	80,284	-2,164	21,180	24,512	79,555	34,381	2,108	-16,300	14,900	53,900	81,200	53,500	13,800
Non Current Assets Total	1,736,356	2,013,137	1,981,697	1,798,600	3,488,904	5,277,502	5,240,043	4,752,272	4,019,445	3,141,743	2,640,591	2,391,293	1,935,375	1,741,637	1,396,685	1,211,973	833,571	0	735,779	636,655	572,037	487,324	460,141	250,859	254,800	207,000	114,800	58,100	10,100	3,100
Non Current Liabilities Other	281,836	315,040	354,821	351,564	249,792	241,314	270,179	218,254	228,821	207,614	200,352	176,521	164,173	48,723	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	981,803	1,082,030	1,431,736	2,177,074	2,135,039	2,377,685	2,362,807	2,170,695	1,713,561	962,571	397,688	459,308	287,331	135,788	102,339	214,611	48,054	0	41,824	86,804	24,171	18,881	15,670	11,067	9,600	14,500	5,000	3,000	800	800
Non Currrent Assets Other	82,165	-105,925	-88,344	107,355	-162,385	-333,976	-352,015	-409,845	-335,878	-176,091	-188,902	-176,365	-1,862,067	-1,689,291	-1,371,062	-1,214,584	-2,323	26,148	-644	21,160	17,421	7,472	0	0	241,200	195,100	104,900	49,400	5,600	100
Noncontrolling Interest In Consolidated Entity	0	0	205	232	0	0	0	0	318	947	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	0	229,101	219,372	217,799	1,776,867	777,160	142,256	85,290	82,154	27,789	25,799	19,787	17,828	18,375	15,941	15,062	19,687	19,479	15,542	12,220	9,660	6,476	445,305	241,230	0	0	0	0	0	0
Other Current Assets	12,308	28,139	51,683	78,704	45,361	56,469	52,744	24,868	22,607	60,898	85,848	83,114	84,150	70,982	96,338	11,199	5,339	40,771	1,928	2,470	942	1,206	12,925	1,667	1,500	1,400	28,500	59,100	29,200	800
Other Current Liab	350,798	199,956	-22,174	-21,152	-23,447	469,134	495,392	400,475	396,802	373,490	308,187	254,526	277,627	164,585	335,271	306,282	14,280	200,607	1,157	1,444	8,385	4,896	4,843	18,389	18,600	18,600	11,700	6,100	1,900	500
Other Liab	0	348,678	365,908	372,366	330,206	372,554	417,976	446,056	417,777	207,614	200,352	176,521	164,173	48,723	42,885	27,882	37,919	13,405	10,372	8,059	5,564	3,606	3,149	3,870	0	0	0	0	0	0
Other Stockholder Equity	999,906	983,601	1,049,901	1,029,685	987,864	1,200,463	1,186,952	1,118,012	1,045,569	983,772	944,952	862,131	789,837	715,273	665,045	607,345	557,102	0	477,836	401,806	306,838	359,978	354,183	143,132	139,200	134,600	124,800	117,400	56,000	16,200
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	2,437,846	2,265,566	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	288,648	73,290	70,154	132,163	177,316	133,037	123,536	103,068	83,634	66,048	59,911	59,738	60,530	42,774	43,272	38,807	29,939	29,939	27,855	26,621	27,194	16,820	14,836	9,629	13,600	11,900	9,900	8,700	4,500	3,000
Property Plant And Equipment Net	145,933	66,924	65,461	55,972	82,824	133,037	123,536	103,068	83,634	66,048	59,911	59,738	1,935,375	1,741,637	1,396,685	1,211,973	29,939	0	27,855	26,621	27,194	16,820	14,836	9,629	13,600	11,900	9,900	8,700	4,500	3,000
Property Plant Equipment	0	73,290	70,154	76,191	129,090	133,037	123,536	103,068	83,634	66,048	59,911	59,738	60,530	42,774	43,272	38,807	31,162	29,939	27,855	26,621	27,194	16,820	14,836	9,629	0	0	0	0	0	0
Retained Earnings	-149,471	-89,063	-155,390	-286,354	510,212	2,094,359	2,048,189	1,785,526	1,510,356	1,376,782	1,484,023	1,246,788	1,005,881	787,884	585,193	409,389	348,928	348,928	250,323	199,959	289,733	205,405	136,629	106,201	95,200	70,200	41,100	20,200	7,000	300
Retained Earnings Total Equity	0	-89,063	-155,390	-286,354	0	2,094,359	2,048,189	1,785,526	1,510,356	1,376,782	1,484,023	1,246,788	1,005,881	787,884	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	12,500	14,898	0	0	0	0	1,401	20,000	10,000	10,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	701,648	753,568	1,065,828	1,804,708	1,820,747	1,974,533	1,852,824	1,705,682	1,274,703	569,320	27,235	144,334	29,470	146,681	50,443	140,114	860	860	1,504	55,312	1,864	2,489	3,206	23,500	50,800	10,500	2,800	3,000	900	900
Short Term Debt	35,989	36,487	22,174	21,152	23,447	253	1,401	22,054	11,883	10,465	92	101	29,470	146,681	50,443	258	483	483	882	619	686	504	531	23,500	48,600	200	200	200	100	100
Short Term Investments	104,485	93,239	99,715	104,870	74,510	21,923	10,292	11,286	8,853	6,035	6,457	6,584	4,139	17,381	5,380	20,764	65,660	65,660	10,920	9,961	0	0	0	0	0	0	0	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	2,437,846	2,265,566	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	2,219,810	2,347,887	2,722,546	3,347,948	4,145,901	5,934,911	5,867,278	5,339,400	4,547,214	3,608,795	3,049,430	2,750,337	2,272,648	2,037,646	1,689,350	1,496,874	1,135,170	1,135,170	900,403	788,889	717,594	648,679	573,099	324,734	334,800	270,700	196,800	159,000	69,900	20,300
Total Current Assets	483,454	334,750	740,849	1,549,348	656,997	657,409	627,235	587,128	527,769	467,052	408,839	359,044	337,273	296,009	292,665	284,901	301,599	301,599	164,624	152,234	145,557	161,355	112,958	73,875	80,000	63,700	82,000	100,900	59,800	17,200
Total Current Liabilities	388,946	374,225	394,118	423,157	511,866	469,342	438,017	407,938	395,807	380,658	308,754	255,661	541,632	454,404	396,913	317,125	221,315	221,315	166,788	131,054	121,045	81,800	78,577	71,767	96,300	48,800	28,100	19,700	6,300	3,400
Total Liab	1,370,749	1,456,255	1,825,854	2,600,231	2,646,905	2,847,027	2,800,824	2,578,633	2,109,368	1,343,229	706,442	714,969	541,632	590,192	499,252	531,736	269,369	269,369	208,612	217,858	145,216	100,681	94,247	82,834	105,900	63,300	33,100	22,700	7,100	4,200
Total Permanent Equity	0	0	0	0	0	0	0	0	2,437,846	2,265,566	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	849,061	891,632	896,692	747,717	1,498,996	3,087,884	3,066,454	2,760,767	2,437,846	2,265,566	2,342,988	2,035,368	1,731,016	1,447,454	1,190,098	965,138	865,801	865,801	691,791	571,031	572,378	547,998	478,852	241,900	228,900	201,100	163,700	136,300	62,800	16,100
Treasury Stock	0	0	0	0	0	0	0	0	-2,437,846	-2,265,566	0	0	0	0	0	0	0	0	0	0	-150,000	-49,998	0	0	0	0	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31
Accounts Payable	34,588	31,696	30,992	35,333	31,857	27,136	287,463	30,315	394,118	34,361	40,658	59,069	423,157	60,956	48,982	47,519	511,866	38,329	32,386	32,149	469,342	413,739	28,377	302,565	438,017	27,339	30,365	23,885	407,938	23,346	27,913	30,637	395,807	22,340	25,191	22,826	380,658	22,174	241,766	178,088	308,754	11,474	204,154	9,584	255,661	9,970	12,104	11,640	12,264	9,835	10,817	9,773	9,581	8,216	7,512	8,787	11,199	10,834	7,896	7,320	10,585	243,160	10,397	6,802	5,574	210,624	4,163	3,100	5,945	3,084	4,163	12,360	164,749	135,213	10,832	93,979	128,991	111,576	91,963	75,470	111,974	96,976	73,357	54,530	76,400	68,072	54,789	61,075	73,203	55,083	45,034	28,260	29,878	30,574	31,240	27,796	29,100	32,200	30,100	32,000	30,000	20,900	17,100	15,300	16,200	14,800	12,500	12,700	13,400	11,100	8,800	7,500	4,300	3,600	-	-	2,800	-	-	-
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Accumulated Other Comprehensive Income	-2,214	-3,517	-3,518	-3,131	-3,735	-4,100	-2,585	-1,351	1,317	2,223	2,513	2,397	3,530	1,990	0	0	-202,102	0	38	-194	-207,816	0	0	0	-169,624	0	0	0	-143,708	0	0	2,460,600	-119,334	2,333,741	2,220,295	2,114,062	-96,895	2,505,112	2,404,777	0	-86,999	0	0	0	-74,051	0	0	0	-65,191	0	0	0	-56,182	0	0	0	-60,610	0	0	0	-52,052	-45,225	-45,225	-45,225	-45,225	-40,718	-36,605	-40,718	-40,718	-36,605	-36,605	-36,605	-15,621	-21,199	-30,959	-30,959	-30,959	-24,477	-24,477	-24,477	-24,477	-17,655	-17,655	-17,655	-17,655	-12,210	-12,210	-12,210	-12,210	0	-7,592	-7,592	-7,592	-5,700	-5,700	-5,700	-5,700	-3,700	-3,700	-3,700	-3,700	-2,200	-2,200	-2,200	-2,200	-1,300	-1,300	-1,300	-1,300	-200	-200	-200	-200	-400	-	-	-400	-	-	-
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2,460,600	2,437,846	2,333,741	2,220,295	2,114,062	2,265,566	2,505,112	2,404,777	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Capital Lease Obligations	77,555	70,303	64,633	65,035	65,802	68,213	62,667	64,278	63,570	62,801	58,825	56,036	71,021	58,915	78,534	84,578	90,510	88,898	95,025	95,888	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	651	90	108	143	159	184	209	233	257	289	306	327	359	388	550	56	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Capital Stock	840	839	838	836	829	830	841	872	864	864	863	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Capital Surpluse	0	995,847	991,630	986,923	983,601	980,659	996,624	1,054,141	1,049,696	1,045,285	1,039,231	1,032,212	1,029,453	1,023,974	1,004,786	995,257	987,942	977,709	967,429	977,872	992,647	998,670	1,032,573	1,030,927	1,017,328	1,003,551	991,106	979,032	974,304	958,953	946,091	930,970	926,235	917,541	897,590	875,411	886,877	898,560	884,464	858,456	857,953	828,543	821,266	803,099	788,080	767,926	754,841	743,090	724,646	714,209	700,450	671,930	659,091	638,761	627,033	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Cash	73,258	21,179	5,849	6,124	9,824	8,668	14,088	7,179	387,391	357,914	338,157	269,630	1,123,843	294,512	132,151	312,155	112,767	28,890	24,482	26,476	36,745	34,461	38,056	40,939	60,200	48,403	40,423	41,839	55,698	52,805	51,892	55,491	51,572	60,915	65,322	50,219	47,928	71,822	17,713	19,775	31,137	16,242	13,163	34,425	21,280	66,124	12,146	22,388	18,596	35,749	23,964	15,049	26,251	61,387	26,141	23,939	26,503	20,865	18,600	21,343	14,346	12,136	14,233	39,488	102,843	50,507	28,845	71,632	69,595	62,498	28,845	4,507	11,192	4,778	5,614	4,080	7,011	30,907	19,719	24,314	27,896	10,410	11,554	13,628	73,195	41,395	64,729	36,599	27,557	3,536	4,440	1,756	3,075	1,897	1,197	1,078	800	400	600	600	700	600	1,800	2,900	18,600	11,300	27,400	22,300	18,400	38,000	10,100	7,100	18,500	44,400	-	-	7,400	-	-	-
Cash And Equivalents	0	21,179	5,849	6,124	9,824	8,668	14,088	7,179	387,391	357,914	338,157	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Cash And Short Term Investments	177,743	124,720	104,339	6,124	9,824	100,064	14,088	96,755	387,391	456,424	438,920	370,441	1,228,713	376,086	222,793	397,196	112,767	107,261	107,317	112,699	58,668	48,426	47,958	51,783	70,492	59,377	51,584	52,977	66,984	63,294	62,481	64,279	60,425	68,936	70,426	56,988	53,963	79,103	25,281	27,500	37,594	21,162	20,172	39,960	27,864	71,889	15,463	26,326	22,735	42,958	34,939	29,707	43,632	75,607	37,109	31,640	31,883	28,024	31,190	38,181	35,110	36,848	37,222	61,003	120,885	79,590	41,294	0	0	0	0	14,465	22,112	16,673	17,021	15,412	16,972	30,907	19,719	24,314	27,896	10,410	11,554	13,628	73,195	41,395	64,729	36,599	27,557	3,536	4,440	1,756	3,075	1,897	1,197	1,078	800	400	600	600	700	600	1,800	2,900	18,600	11,300	27,400	22,300	18,400	38,000	10,100	7,100	18,500	44,400	-	-	7,400	-	-	-
Common Stock	840	839	838	836	829	830	841	872	864	864	863	862	856	855	855	852	842	842	841	864	878	893	934	944	937	936	935	929	937	936	935	929	937	940	940	934	960	1,003	1,002	995	1,012	502	506	502	500	498	497	492	489	489	487	481	479	476	476	471	470	465	463	457	456	456	456	471	484	489	487	490	489	488	487	484	237	239	233	228	225	295	293	291	284	281	276	271	270	268	267	255	250	244	236	159	159	158	158	156	200	200	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Common Stock Shares Outstanding	82,660	82,950	82,664	82,318	82,947	82,776	85,619	85,405	86,423	86,096	85,933	85,491	85,593	83,862	83,744	82,799	84,248	82,883	83,689	86,545	88,258	91,359	93,529	93,505	93,721	92,881	92,812	93,143	93,718	93,146	92,945	93,091	93,739	93,646	93,495	95,325	99,129	100,145	100,174	100,696	101,207	101,178	101,172	100,784	100,212	99,618	99,090	98,798	98,264	97,870	97,460	96,722	96,114	94,964	95,056	94,534	94,104	93,328	92,506	91,862	90,564	92,356	95,308	97,866	95,144	100,528	98,922	99,820	96,732	99,030	98,922	195,624	189,072	193,220	191,276	93,820	90,760	99,920	101,828	100,420	96,300	96,784	97,308	100,364	97,744	105,452	109,704	106,428	100,904	102,980	85,168	66,768	63,580	64,748	63,112	62,820	62,500	62,300	126,080	62,008	62,008	122,288	121,944	121,800	121,800	120,608	120,504	119,328	119,328	59,444	59,368	52,280	52,044	52,044	52,044	52,044	52,044	52,044	52,044	52,044
Common Stock Total Equity	0	0	0	836	829	830	841	872	864	864	863	862	856	855	855	852	842	842	841	864	878	893	934	944	937	936	935	929	937	936	935	929	937	940	940	934	960	1,003	1,002	995	1,012	502	506	502	500	498	497	492	489	489	487	481	479	476	476	471	470	465	463	457	456	456	456	471	484	489	487	490	489	488	487	484	237	239	233	228	225	295	293	291	284	281	276	271	270	268	267	255	250	244	236	159	159	158	158	156	200	200	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Current Deferred Revenue	0	-31,696	-30,992	0	105,925	0	93,218	0	88,344	39,399	35,669	46,913	54,472	327,561	43,087	-22,340	-525,655	408,406	355,678	325,779	131,240	-405,232	0	-325,331	147,797	0	0	0	227,802	0	0	0	188,956	0	0	0	45,961	-349	-237,524	-204,442	71,480	-99	-201,130	-95	69,034	-92	-95	-121	70,314	-160	-190	148,767	60,579	-84	0	-18,339	72,434	0	0	0	70,384	0	191,634	162,746	53,390	0	157,532	0	0	0	0	84,709	24,400	0	105,242	0	20,166	0	-91,963	0	19,354	0	0	0	0	-68,072	0	0	0	0	379	10,538	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	142,231	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Deferred Long Term Liab	0	0	0	32,703	33,638	39,904	43,080	39,301	41,409	50,742	48,428	61,746	61,746	63,630	68,681	61,975	0	61,207	84,629	0	131,240	129,637	126,505	147,893	147,797	245,392	250,713	234,461	227,802	267,833	220,472	197,995	188,956	219,051	209,876	163,036	160,487	152,225	125,406	117,543	152,155	147,883	140,612	130,102	125,877	111,173	104,545	98,922	93,831	88,829	83,662	78,394	74,066	66,247	64,374	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Good Will	1,384,166	1,532,092	1,532,092	1,827,179	1,834,483	1,532,092	1,821,846	1,528,694	1,794,956	1,496,751	1,487,105	1,482,497	1,715,986	1,480,668	2,165,020	2,710,292	3,057,163	2,634,874	4,069,564	4,065,506	4,689,190	4,617,908	4,304,740	4,631,091	4,600,115	4,118,234	3,948,339	3,946,103	4,083,743	3,828,807	3,510,382	3,387,473	4,019,445	3,347,823	3,163,866	2,813,673	3,141,743	2,659,331	2,766,802	2,703,148	2,640,591	2,354,189	2,521,699	2,165,169	2,391,293	1,939,782	1,807,628	1,771,340	1,746,762	1,683,336	1,614,815	1,611,401	1,601,319	1,340,473	1,337,878	1,317,464	1,270,137	1,236,563	1,192,852	1,139,094	1,127,959	1,101,311	904,675	865,220	858,919	874,717	746,174	780,811	770,289	761,244	746,174	742,703	680,097	674,052	653,848	625,472	588,874	566,679	563,749	536,141	527,422	516,144	500,332	465,603	463,032	469,800	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Intangible Assets	21,240	15,486	16,800	17,487	18,491	19,534	20,965	21,050	21,565	21,617	19,989	21,483	26,642	27,665	200,408	263,308	274,407	279,605	286,101	300,662	588,312	595,415	614,226	629,308	639,928	643,214	643,002	660,383	668,529	671,742	446,232	439,693	424,219	3,347,823	3,163,866	2,813,673	2,974,324	2,659,331	2,516,253	2,457,574	2,497,370	2,354,189	2,273,288	2,165,169	2,264,175	1,939,782	1,807,628	1,771,340	1,812,026	1,683,336	1,614,815	1,611,401	1,653,095	1,340,473	1,337,878	1,317,464	1,308,981	1,236,563	1,192,852	1,139,094	1,141,863	1,101,311	904,675	12,119	11,439	874,717	7,195	780,811	7,195	761,244	746,174	680,097	680,097	674,052	653,848	625,472	588,874	566,679	563,749	536,141	527,422	516,144	500,332	465,603	463,032	469,800	464,549	447,159	445,305	454,746	454,513	239,384	241,230	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Inventory	13,525	10,586	12,461	0	0	9,664	0	16,323	0	12,645	18,896	19,447	0	964,865	14,343	19,409	0	343,402	356,335	405,399	0	0	34,752	0	0	13,323	12,315	9,822	0	13,248	11,453	8,297	0	85,499	63,818	51,631	0	45,971	0	0	0	69,572	0	81,590	0	73,512	77,039	91,539	0	77,438	71,304	0	65,741	78,046	77,348	0	77,536	84,204	82,552	82,217	76,197	53,870	50,199	52,044	59,242	53,031	28,796	0	0	0	0	28,927	28,859	28,081	22,962	24,106	24,932	18,455	19,511	17,670	22,506	17,223	3,075	10,452	11,598	2,581	14,616	5,776	8,625	3,288	1,457	906	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Liabilities And Stockholders Equity	2,219,810	2,326,339	2,305,510	2,320,051	2,347,887	2,331,957	2,369,616	2,340,976	2,722,546	2,646,104	2,555,130	2,483,744	3,347,948	3,424,826	3,387,212	4,319,662	4,145,901	4,290,661	5,638,811	5,706,257	5,934,911	5,838,724	5,859,638	5,883,074	5,867,278	5,680,523	5,407,396	5,424,885	5,339,400	5,343,864	4,771,414	4,636,287	4,547,214	4,546,495	4,275,139	3,646,314	3,608,795	3,478,217	3,174,500	3,099,144	3,049,430	2,979,865	2,889,390	2,792,656	2,750,337	2,532,969	2,346,966	2,325,037	2,272,648	2,179,816	2,072,727	2,065,800	2,037,646	1,800,999	1,759,694	1,740,314	1,689,350	1,652,174	1,583,445	1,521,913	1,496,874	1,435,025	1,226,757	1,207,177	1,302,802	1,237,951	991,059	1,118,368	1,135,170	1,044,647	991,059	963,017	900,403	884,232	851,161	820,374	788,889	772,758	752,346	722,532	717,594	678,275	639,954	598,679	648,679	609,132	628,501	585,601	573,099	546,977	546,916	320,073	324,734	336,068	341,597	343,029	334,800	339,700	329,900	291,000	270,700	252,900	230,800	208,500	196,800	184,800	173,800	165,700	159,000	152,300	83,000	77,400	69,900	65,900	-	-	20,300	-	-	-
Long Term Debt	611,593	621,691	666,273	742,814	636,381	731,004	793,254	804,930	1,002,258	1,002,510	996,643	996,862	1,742,586	1,742,263	1,737,176	2,101,969	1,730,237	1,939,177	2,079,918	2,119,482	1,974,280	2,005,958	1,891,112	1,965,268	1,851,423	1,797,150	1,746,131	1,877,996	1,683,628	1,769,181	1,422,478	1,430,837	1,262,820	1,350,501	1,284,857	698,500	368,000	287,500	178,500	248,000	27,000	123,500	153,800	184,000	144,000	48,000	289	83,500	29,000	50,000	66,000	176,500	146,500	84	58,000	129,150	50,209	85,762	152,314	181,360	139,856	171,376	57,874	171	455	442	138	170	377	490	328	41,350	622	666	45,807	82,623	54,693	755	1,316	1,394	1,178	16,482	19,382	1,955	1,985	1,948	2,556	2,619	2,675	14,715	13,216	0	0	2,000	2,050	2,100	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Long Term Debt Total	0	621,691	666,273	742,814	636,381	731,004	793,254	804,930	1,002,258	1,002,510	996,643	996,862	1,742,586	1,742,263	1,737,176	2,101,969	1,730,295	1,939,177	2,079,918	2,119,482	1,974,280	2,005,958	1,891,112	1,965,268	1,851,423	1,797,150	1,746,131	1,877,996	1,683,628	1,769,181	1,422,478	1,430,837	1,262,820	1,350,501	1,284,857	188,226	190,855	288,151	178,590	248,108	27,143	123,659	153,984	184,209	144,233	48,257	289	83,806	29,327	50,359	66,388	177,050	146,556	84	117	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Long Term Investments	0	0	0	96,709	93,239	0	93,386	0	99,715	0	0	0	0	0	0	0	0	0	0	0	69,699	81,226	90,186	90,299	80,682	82,285	86,286	87,225	78,975	79,146	74,480	69,199	63,288	59,270	61,933	63,802	64,082	61,791	58,076	56,512	57,511	61,810	59,851	58,645	47,593	40,501	49,126	43,568	44,991	35,019	25,666	32,866	27,393	29,473	23,998	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Net Debt	628,390	685,744	739,976	816,639	743,744	805,468	892,297	862,029	678,437	707,397	719,650	785,637	680,865	1,509,106	1,684,985	1,875,089	1,707,980	1,999,185	2,150,667	2,189,134	1,937,788	1,972,032	1,853,916	1,925,460	1,792,624	1,778,053	1,732,748	1,860,513	1,649,984	1,735,997	1,387,555	1,387,210	1,223,131	1,301,378	1,231,579	846,942	521,392	216,678	160,980	228,435	-3,902	107,516	140,918	149,879	123,054	-17,775	-11,762	61,539	10,874	14,770	42,614	162,288	120,430	-61,145	32,154	105,437	23,940	65,149	133,984	160,331	125,768	159,489	43,845	-38,858	-101,919	-49,608	-27,740	-71,057	-68,735	-61,557	-27,740	37,672	-9,688	-3,201	40,839	79,166	48,301	-29,538	-17,786	-22,268	-26,032	6,727	8,453	-11,190	-70,706	-38,916	-61,640	-33,446	-24,351	11,732	50,503	14,044	20,425	39,103	48,753	53,365	50,000	58,800	43,800	10,500	9,800	17,300	10,900	-200	-15,800	-8,500	-24,500	-19,400	-15,400	-35,000	-9,300	-6,300	-17,600	-43,500	-	-	-6,500	-	-	-
Net Invested Capital	1,473,154	1,604,605	1,623,567	1,667,499	1,542,911	1,604,590	1,653,606	1,682,006	1,898,745	1,847,976	1,807,888	1,765,990	2,481,142	2,549,464	2,565,172	3,590,062	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Net Receivables	279,878	277,352	270,852	278,739	296,787	304,080	328,730	317,619	301,775	279,253	277,110	265,129	241,931	289,922	410,110	503,440	498,869	494,699	504,190	522,638	542,272	522,826	527,997	542,609	503,999	520,012	480,402	487,685	495,276	486,957	461,160	465,826	444,737	406,761	380,545	360,874	352,191	345,169	327,410	315,689	285,397	272,814	269,774	263,820	248,066	250,507	240,920	236,717	230,388	207,060	194,032	188,170	181,395	174,722	178,983	173,985	170,148	164,023	163,435	165,228	162,395	151,410	148,605	144,034	145,504	142,815	113,761	127,773	125,573	122,603	113,761	115,759	111,725	109,874	105,850	105,409	107,860	108,400	100,345	97,940	94,213	89,869	91,560	83,411	75,356	78,295	68,189	67,520	63,851	69,278	71,356	67,086	69,133	74,627	79,199	79,446	77,700	81,400	71,400	65,500	61,600	50,600	46,200	38,000	34,900	33,000	29,700	27,900	23,400	20,900	16,900	15,500	12,100	10,600	-	-	9,000	-	-	-
Net Tangible Assets	0	-579,593	-606,517	-639,808	891,632	-692,959	-707,627	-672,668	896,487	-672,902	-698,188	-737,221	-757,125	-703,572	-1,538,858	1,487,396	-1,485,703	-1,435,119	-1,630,638	2,779,812	-1,883,423	-1,883,537	-1,732,044	-1,787,328	-1,857,437	-1,844,874	-1,753,093	-1,844,016	-1,752,919	-1,833,212	-1,398,649	-1,366,755	-1,352,841	-1,014,688	-944,318	-700,440	-511,569	-155,284	-112,510	-150,494	-50,743	-120,095	-80,143	-59,413	-130,304	9,327	62,485	26,473	-15,746	-21,116	-24,597	-105,650	-153,865	32,848	-37,555	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Net Working Capital	94,508	70,080	77,449	85,208	1,006	72,013	129,886	170,050	413,198	390,465	401,208	338,441	1,105,013	1,162,796	304,396	594,496	145,131	464,511	544,474	642,233	188,067	211,662	213,717	320,110	189,218	177,329	207,422	233,825	179,190	162,424	216,373	238,695	131,962	168,606	213,694	210,530	86,394	151,781	165,932	217,908	100,085	98,969	163,537	203,733	103,383	157,925	143,014	188,397	-204,359	118,934	130,519	-6,274	-24,838	22,735	13,456	-72,783	-54,039	-60,508	3,747	37,802	-32,224	-14,482	24,625	54,922	99,239	64,272	20,669	124,978	80,284	49,019	20,669	34,468	-2,164	9,083	29,205	44,057	21,180	44,286	50,012	63,771	24,512	615	32,177	46,979	79,555	55,148	92,525	58,515	34,381	18,203	-12,597	8,008	2,108	-8,717	-14,986	-18,355	-16,300	-24,700	28,900	16,400	14,900	14,700	15,900	12,600	53,900	47,600	67,000	65,200	81,200	80,600	23,300	39,700	53,500	-	-	-	-	-	-	-
Non Current Assets Total	1,736,356	1,905,815	1,907,743	2,008,168	2,013,137	1,908,250	2,003,701	1,901,199	1,981,697	1,858,075	1,802,817	1,818,345	1,798,600	1,773,666	2,698,883	3,378,766	3,488,904	3,325,360	4,653,291	4,648,841	5,277,502	5,213,323	5,234,708	5,260,399	5,240,043	5,027,200	4,849,826	4,862,447	4,752,272	4,768,407	4,222,937	4,084,848	4,019,445	3,973,317	3,749,635	3,168,357	3,141,743	2,997,156	2,766,802	2,703,148	2,640,591	2,606,902	2,521,699	2,398,028	2,391,293	2,130,163	2,006,743	1,963,772	1,935,375	1,845,813	1,767,406	1,773,626	1,741,637	1,467,022	1,460,886	1,443,467	1,396,685	1,363,528	1,290,073	1,225,113	1,211,973	1,183,466	980,753	940,586	938,676	957,601	805,020	0	0	0	0	801,557	735,779	727,895	703,192	673,410	636,655	613,056	609,754	580,612	572,037	559,537	532,132	489,760	487,324	485,381	479,387	462,192	460,141	468,976	468,251	249,408	250,859	257,714	259,555	260,788	254,800	256,200	252,800	223,000	207,000	199,900	181,300	166,300	114,800	111,700	86,600	79,600	58,100	54,200	46,400	26,600	10,100	9,200	-	-	3,100	-	-	-
Non Current Liabilities Other	281,836	296,712	295,711	350,545	315,040	350,688	358,437	349,942	354,821	308,535	309,853	293,338	351,564	325,563	370,852	321,922	249,792	310,127	308,191	230,145	241,314	251,883	243,886	269,436	270,179	245,413	222,156	221,345	218,254	226,480	238,307	234,111	228,821	238,630	248,301	215,063	207,614	203,449	202,920	204,218	200,352	200,235	188,876	181,694	176,521	179,549	174,810	171,628	164,173	163,339	157,657	154,924	48,723	50,105	51,528	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Non Current Liabilities Total	981,803	1,007,910	1,042,817	1,183,605	1,082,030	1,121,596	1,236,723	1,194,173	1,431,736	1,402,863	1,394,901	1,389,803	2,177,074	2,131,456	2,176,709	2,485,866	2,135,039	2,310,511	2,472,738	2,511,262	2,377,685	2,409,680	2,261,503	2,437,021	2,362,807	2,287,955	2,219,000	2,333,802	2,170,695	2,263,494	1,881,257	1,862,943	1,713,561	1,808,182	1,743,034	1,264,825	962,571	643,825	527,957	613,976	397,688	471,777	492,091	496,005	459,308	338,979	279,644	354,356	287,331	302,527	307,707	261,601	269,345	116,436	174,019	132,563	152,548	186,187	237,285	257,043	214,611	249,851	130,825	67,590	78,863	79,896	42,529	0	0	0	0	85,299	41,824	39,267	81,049	116,379	86,804	27,256	28,638	27,305	24,171	23,642	39,435	20,401	18,881	17,262	18,173	16,899	15,670	28,226	26,332	11,411	11,067	12,185	11,668	10,168	9,600	8,400	49,600	16,000	14,500	20,800	13,400	5,600	5,000	3,800	4,000	3,100	3,000	2,800	800	700	800	800	-	-	800	-	-	-
Non Currrent Assets Other	82,165	67,410	69,829	-102,778	-105,925	67,323	-93,218	128,201	-88,344	130,095	114,405	110,058	107,355	64,820	97,942	92,346	-162,385	90,640	115,049	102,653	103,459	-348,695	-32,871	-365,247	111,934	-176,764	-188,990	-173,986	56,543	-177,616	-118,525	-97,254	82,154	407,891	387,912	176,451	235,425	175,245	-154,688	-154,171	129,438	66,476	-182,173	36,308	118,290	22,310	20,851	2,752	83,092	-2,737	831	-1,707,911	70,151	-1,442,941	-17,322	-20,627	54,785	-24,933	-1,295,960	-49,910	28,966	-18,462	-14,254	-30,933	37,156	-14,375	1,631	41,014	26,148	32,425	30,975	1,690	27,827	369	21,912	21,486	21,160	19,759	18,933	16,696	17,421	16,570	14,660	7,626	7,472	-744	0	0	0	0	0	0	0	243,451	245,281	246,796	241,200	242,800	239,900	211,000	195,100	188,300	170,700	156,200	104,900	102,100	77,300	70,500	49,400	46,200	39,400	21,400	5,600	4,900	-	-	100	-	-	-
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	205	211	218	224	232	245	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	88	189	318	606	747	829	947	1,065	1,034	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Other Assets	0	210,648	218,429	222,159	229,101	215,622	217,604	212,942	219,372	202,010	170,734	180,926	217,799	127,770	159,169	225,129	252,379	232,871	115,049	102,653	137,852	131,816	130,027	148,022	5,116,507	4,912,361	4,739,350	4,754,186	4,649,204	4,669,912	4,133,041	3,997,106	3,935,811	3,890,444	3,668,273	3,101,083	3,075,695	2,933,560	2,706,624	2,642,448	2,580,680	2,545,971	2,460,291	2,337,753	2,331,555	2,070,956	1,946,869	1,904,201	1,874,845	1,784,174	1,707,300	1,713,054	1,698,863	1,422,979	1,416,338	1,398,804	1,353,413	1,321,370	1,247,945	1,184,206	1,173,166	1,145,997	945,707	906,605	907,514	927,556	827,429	821,825	803,632	793,669	777,149	773,899	707,924	700,779	675,760	646,958	610,034	586,438	582,682	552,837	544,843	532,714	514,992	473,229	470,504	469,800	464,549	447,159	445,305	454,746	454,513	239,384	241,230	243,451	245,281	246,796	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Other Current Assets	12,308	7,866	10,115	27,020	28,139	9,899	23,097	9,080	51,683	39,707	17,387	10,382	78,704	20,287	41,083	20,851	45,361	19,939	17,678	16,680	56,469	54,149	14,223	28,283	52,744	60,611	13,269	11,954	24,868	11,958	13,383	13,037	22,607	11,982	10,715	8,464	60,898	10,818	55,007	52,807	85,848	9,415	77,745	9,258	83,114	6,898	6,801	6,683	84,150	6,547	5,046	74,297	5,241	5,602	5,368	91,222	13,098	12,395	16,195	11,174	11,199	9,431	9,978	9,510	38,495	4,914	2,188	50,317	40,771	24,531	30,984	2,309	1,928	1,709	2,136	2,037	2,470	1,940	3,017	1,996	942	1,236	1,633	1,428	1,206	1,480	1,580	13,514	12,925	1,899	1,412	917	1,667	1,830	1,646	1,717	1,500	1,700	5,100	1,900	1,400	1,800	1,500	1,300	28,500	28,800	30,100	35,900	59,100	39,200	9,600	28,200	29,200	1,700	-	-	800	-	-	-
Other Current Liab	318,369	313,701	283,832	155,370	199,956	286,985	-128,760	216,123	-110,518	302,079	253,591	200,428	-75,624	78,712	268,840	298,184	502,208	30,444	28,282	32,289	-131,493	404,697	381,976	324,200	-149,198	419,349	292,743	280,372	-249,856	370,066	287,222	270,243	-200,839	370,440	274,575	234,166	-56,426	307,106	237,421	204,340	-71,572	262,520	201,033	181,311	-69,135	234,911	185,105	161,228	429,584	205,234	163,985	-37,429	250,562	302,868	277,662	249,806	262,837	338,068	281,459	251,364	235,898	22,632	19,144	41,662	205,454	4,997	2,898	133,755	200,607	170,859	157,532	29,094	-23,243	11,130	2,044	8,305	-18,722	3,226	91,963	2,027	-10,969	6,052	1,663	6,927	4,896	68,072	1,267	3,285	4,843	4,162	4,122	8,059	18,389	17,497	17,888	20,457	18,600	19,000	17,900	19,600	18,600	17,200	16,300	14,100	11,700	10,500	7,500	8,000	6,100	6,200	4,400	3,500	1,900	1,300	-	-	500	-	-	-
Other Liab	0	337,730	333,478	0	348,678	345,033	359,470	348,254	365,908	359,277	358,281	355,084	372,366	348,973	382,597	321,659	307,787	306,047	322,289	320,618	372,554	381,520	370,391	417,329	270,179	245,413	222,156	221,345	218,254	226,480	238,307	234,111	228,821	238,630	248,301	215,063	207,614	203,449	202,920	204,218	200,352	200,235	188,876	181,694	176,521	179,549	174,810	171,628	164,173	163,339	157,657	154,924	48,723	50,105	51,528	52,469	42,885	43,520	35,001	28,664	27,882	34,341	30,016	27,537	37,919	38,214	38,496	45,365	13,405	12,219	11,560	11,546	10,372	9,787	8,795	8,770	8,059	6,965	6,579	6,197	5,564	5,118	4,749	3,935	3,606	3,135	3,720	3,457	3,149	3,386	3,683	3,899	3,870	3,642	3,339	2,666	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Other Stockholder Equity	999,906	995,847	991,630	986,923	983,601	980,659	996,624	1,054,141	1,049,696	1,045,285	1,039,231	1,032,212	1,029,453	1,023,974	1,004,786	995,257	1,190,044	977,709	967,467	977,678	1,200,463	998,670	1,032,573	1,030,927	1,186,952	1,003,551	991,106	979,032	1,118,012	958,953	946,091	930,970	1,045,569	917,541	897,590	875,411	983,772	898,560	885,498	858,456	944,952	828,543	821,266	803,099	862,131	767,926	754,841	743,090	789,837	714,209	700,450	671,930	715,273	638,761	627,033	614,194	665,045	581,576	569,414	561,974	607,345	593,498	586,345	597,923	602,061	594,917	537,930	0	0	0	0	512,774	477,836	455,305	437,005	413,877	401,806	292,041	319,028	330,215	306,838	288,122	299,964	311,318	359,978	348,791	398,610	365,658	354,183	332,228	320,516	143,633	143,132	140,223	140,141	139,216	139,200	136,400	136,500	135,800	134,600	128,600	127,500	125,400	124,800	122,100	121,700	118,500	117,400	115,900	56,400	56,100	56,000	56,900	-	-	16,200	-	-	-
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2,460,600	2,437,846	2,333,741	2,220,295	2,114,062	2,265,566	2,505,112	2,404,777	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Property Plant And Equipment Gross	288,648	147,589	140,422	66,793	73,290	141,002	0	0	70,154	0	124,989	133,439	132,163	137,563	174,286	180,037	177,316	178,010	182,577	180,020	133,037	137,832	131,922	127,055	123,536	114,839	110,476	108,261	103,068	98,495	89,896	87,742	83,634	82,873	81,362	67,274	66,048	63,596	60,178	60,700	59,911	60,931	61,408	60,275	59,738	59,207	59,874	59,571	60,530	61,639	60,106	60,572	42,774	44,043	44,548	44,663	43,272	42,158	42,128	40,907	38,807	37,469	35,046	33,981	31,162	30,045	27,871	29,636	29,939	27,565	27,871	27,658	27,855	27,116	27,432	26,452	26,621	26,618	27,072	27,775	27,194	26,823	17,140	16,531	16,820	15,581	14,838	15,033	14,836	14,230	13,738	10,024	9,629	14,263	14,274	13,992	13,600	13,400	12,900	12,000	11,900	11,600	10,600	10,100	9,900	9,600	9,300	9,100	8,700	8,000	7,000	5,200	4,500	4,300	-	-	3,000	-	-	-
Property Plant And Equipment Net	145,933	147,589	140,422	66,793	66,924	141,002	67,504	138,513	65,461	137,697	124,989	133,439	55,972	137,563	174,286	180,037	82,824	178,010	182,577	180,020	133,037	137,832	131,922	127,055	123,536	114,839	110,476	108,261	103,068	98,495	89,896	87,742	83,634	82,873	81,362	67,274	66,048	63,596	60,178	60,700	59,911	60,931	61,408	60,275	59,738	59,207	59,874	59,571	1,935,375	61,639	60,106	1,773,626	42,774	1,467,022	44,548	44,663	43,272	42,158	1,290,073	40,907	38,807	37,469	35,046	33,981	31,162	30,045	27,871	0	0	0	0	27,658	27,855	27,116	27,432	26,452	26,621	26,618	27,072	27,775	27,194	26,823	17,140	16,531	16,820	15,581	14,838	15,033	14,836	14,230	13,738	10,024	9,629	14,263	14,274	13,992	13,600	13,400	12,900	12,000	11,900	11,600	10,600	10,100	9,900	9,600	9,300	9,100	8,700	8,000	7,000	5,200	4,500	4,300	-	-	3,000	-	-	-
Property Plant Equipment	0	147,589	140,422	72,928	73,290	71,656	72,150	72,458	70,154	137,697	124,989	133,439	76,191	78,570	98,469	100,227	177,316	93,731	92,720	89,037	133,037	137,832	131,922	127,055	123,536	114,839	110,476	108,261	103,068	98,495	89,896	87,742	83,634	82,873	81,362	67,274	66,048	63,596	60,178	60,700	59,911	60,931	61,408	60,275	59,738	59,207	59,874	59,571	60,530	61,639	60,106	60,572	42,774	44,043	44,548	44,663	43,272	42,158	42,128	40,907	38,807	37,469	35,046	33,981	31,162	30,045	29,677	29,636	29,939	27,565	27,871	27,658	27,855	27,116	27,432	26,452	26,621	26,618	27,072	27,775	27,194	26,823	17,140	16,531	16,820	15,581	14,838	15,033	14,836	14,230	13,738	10,024	9,629	14,263	14,274	13,992	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Retained Earnings	-149,471	-25,184	-46,575	-74,857	-89,063	-118,722	-149,450	-176,586	-155,390	-202,906	-233,701	-268,712	-286,354	-222,058	-179,071	491,287	510,212	500,809	1,756,719	1,801,270	2,094,359	2,015,742	2,153,415	2,111,617	2,048,189	1,912,087	1,846,207	1,782,509	1,785,526	1,707,448	1,610,939	1,528,512	1,510,356	1,414,654	1,321,018	1,236,888	1,376,782	1,604,484	1,518,277	1,447,629	1,484,023	1,405,049	1,371,373	1,302,155	1,246,788	1,180,685	1,114,775	1,054,231	1,005,881	947,522	889,281	833,340	787,884	734,084	672,814	623,456	585,193	534,792	486,658	443,441	409,389	370,404	332,977	374,749	401,732	387,289	281,348	366,829	348,928	316,513	281,348	274,073	250,323	273,126	245,069	217,942	199,959	362,227	336,284	311,049	289,733	265,762	242,289	222,404	205,405	186,418	167,072	150,105	136,629	126,481	116,162	109,805	106,201	102,131	98,302	98,593	95,200	90,200	85,200	77,400	70,200	61,900	54,300	47,200	41,100	34,700	29,200	24,500	20,200	16,300	12,700	9,700	7,000	3,600	-	-	300	-	-	-
Retained Earnings Total Equity	0	0	0	-74,857	-89,063	-118,722	-149,450	-176,586	-155,390	-202,906	-233,701	-268,712	-286,354	-222,058	-179,071	491,287	0	500,809	1,756,719	1,801,270	2,094,359	2,015,742	2,153,415	2,111,617	2,048,189	1,912,087	1,846,207	1,782,509	1,785,526	1,707,448	1,610,939	1,528,512	1,510,356	1,414,654	1,321,018	1,236,888	1,376,782	1,604,484	1,518,277	1,447,629	1,484,023	1,405,049	1,371,373	1,302,155	1,246,788	1,180,685	1,114,775	1,054,231	1,005,881	947,522	889,281	833,340	787,884	734,084	672,814	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Short Long Term Debt	12,500	14,929	14,919	14,914	14,898	14,919	14,922	0	0	0	2,339	2,369	0	2,440	1,426	697	0	0	206	240	0	0	1,891,972	1,966,399	1,852,824	29,306	1,773,171	24,356	20,000	19,621	16,969	11,864	10,000	0	0	0	10,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Short Long Term Debt Total	701,648	706,923	745,825	822,763	753,568	814,136	906,385	869,208	1,065,828	1,065,311	1,057,807	1,055,267	1,804,708	1,803,618	1,817,136	2,187,244	1,820,747	2,028,075	2,175,149	2,215,610	1,974,533	2,006,493	1,891,972	1,966,399	1,852,824	1,826,456	1,773,171	1,902,352	1,705,682	1,788,802	1,439,447	1,442,701	1,274,703	1,362,293	1,296,901	897,161	569,320	288,500	178,693	248,210	27,235	123,758	154,081	184,304	144,334	48,349	384	83,927	29,470	50,519	66,578	177,337	146,681	242	58,295	129,376	50,443	86,014	152,584	181,674	140,114	171,625	58,078	630	924	899	1,105	575	860	941	1,105	42,179	1,504	1,577	46,453	83,246	55,312	1,369	1,933	2,046	1,864	17,137	20,007	2,438	2,489	2,479	3,089	3,153	3,206	15,268	54,943	15,800	23,500	41,000	49,950	54,443	50,800	59,200	44,400	11,100	10,500	17,900	12,700	2,700	2,800	2,800	2,900	2,900	3,000	3,000	800	800	900	900	-	-	900	-	-	-
Short Term Debt	35,989	36,743	36,486	35,972	36,487	37,573	35,542	23,289	22,174	21,725	21,187	20,548	21,152	21,135	23,024	23,037	23,447	23,611	24,700	24,966	253	535	860	1,131	1,401	29,306	27,040	24,356	22,054	19,621	16,969	11,864	11,883	11,792	12,044	10,435	10,465	349	103	102	92	99	97	95	101	92	95	121	29,470	160	190	177,337	125	242	178	129,376	234	252	270	314	258	249	204	459	469	457	777	405	483	451	777	829	882	911	646	623	619	614	617	652	686	15,095	625	483	504	531	533	534	531	553	41,727	15,800	23,500	39,000	47,900	52,343	48,600	57,000	200	0	200	200	200	200	200	200	200	200	200	200	100	100	100	100	-	-	100	-	-	-
Short Term Investments	104,485	103,541	98,490	96,709	93,239	91,396	93,386	89,576	99,715	98,510	100,763	100,811	104,870	81,574	90,642	85,041	74,510	78,371	82,835	86,223	21,923	13,965	9,902	10,844	10,292	10,974	11,161	11,138	11,286	10,489	10,589	8,788	8,853	8,021	5,104	6,769	6,035	7,281	7,568	7,725	6,457	4,920	7,009	5,535	6,584	5,765	3,317	3,938	4,139	7,209	10,975	14,658	17,381	14,220	10,968	7,701	5,380	7,159	12,590	16,838	20,764	24,712	22,989	21,515	18,042	29,083	12,449	17,185	65,660	13,781	12,449	9,958	10,920	11,895	11,407	11,332	9,961	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2,460,600	2,437,846	2,333,741	2,220,295	2,114,062	2,265,566	2,505,112	2,404,777	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Total Assets	2,219,810	2,326,339	2,305,510	2,320,051	2,347,887	2,331,957	2,369,616	2,340,976	2,722,546	2,646,104	2,555,130	2,483,744	3,347,948	3,424,826	3,387,212	4,319,662	4,145,901	4,290,661	5,638,811	5,706,257	5,934,911	5,838,724	5,859,638	5,883,074	5,867,278	5,680,523	5,407,396	5,424,885	5,339,400	5,343,864	4,771,414	4,636,287	4,547,214	4,546,495	4,275,139	3,646,314	3,608,795	3,478,217	3,174,500	3,099,144	3,049,430	2,979,865	2,889,390	2,792,656	2,750,337	2,532,969	2,346,966	2,325,037	2,272,648	2,179,816	2,072,727	2,065,800	2,037,646	1,800,999	1,759,694	1,740,314	1,689,350	1,652,174	1,583,445	1,521,913	1,496,874	1,435,025	1,226,757	1,207,177	1,302,802	1,237,951	991,059	1,118,368	1,135,170	1,044,647	991,059	963,017	900,403	884,232	851,161	820,374	788,889	772,758	752,346	722,532	717,594	678,275	639,954	598,679	648,679	609,132	628,501	585,601	573,099	546,977	546,916	320,073	324,734	336,068	341,597	343,029	334,800	339,700	329,900	291,000	270,700	252,900	230,800	208,500	196,800	184,800	173,800	165,700	159,000	152,300	83,000	77,400	69,900	65,900	-	-	20,300	-	-	-
Total Current Assets	483,454	420,524	397,767	311,883	334,750	423,707	365,915	439,777	740,849	788,029	752,313	665,399	1,549,348	1,651,160	688,329	940,896	656,997	965,301	985,520	1,057,416	657,409	625,401	624,930	622,675	627,235	653,323	557,570	562,438	587,128	575,457	548,477	551,439	527,769	573,178	525,504	477,957	467,052	481,061	407,698	395,996	408,839	372,963	367,691	394,628	359,044	402,806	340,223	361,265	337,273	334,003	305,321	292,174	296,009	333,977	298,808	296,847	292,665	288,646	293,372	296,800	284,901	251,559	246,004	266,591	364,126	280,350	186,039	266,907	301,599	223,413	186,039	161,460	164,624	156,337	147,969	146,964	152,234	159,702	142,592	141,920	145,557	118,738	107,822	108,919	161,355	123,751	149,114	123,409	112,958	78,001	78,665	70,665	73,875	78,354	82,042	82,241	80,000	83,500	77,100	68,000	63,700	53,000	49,500	42,200	82,000	73,100	87,200	86,100	100,900	98,100	36,600	50,800	59,800	56,700	-	-	17,200	-	-	-
Total Current Liabilities	388,946	350,444	320,318	226,675	374,225	351,694	287,463	269,727	394,118	397,564	351,105	326,958	423,157	488,364	383,933	346,400	511,866	500,790	441,046	415,183	469,342	413,739	411,213	302,565	438,017	475,994	350,148	328,613	407,938	413,033	332,104	312,744	395,807	404,572	311,810	267,427	380,658	329,280	241,766	178,088	308,754	273,994	204,154	190,895	255,661	244,881	197,209	172,868	541,632	215,069	174,802	298,448	320,847	311,242	285,352	369,630	346,704	349,154	289,625	258,998	317,125	266,041	221,379	211,669	264,887	216,078	165,370	141,929	221,315	174,394	165,370	126,992	166,788	147,254	118,764	102,907	131,054	115,416	92,580	78,149	121,045	118,123	75,645	61,940	81,800	68,603	56,589	64,894	78,577	59,798	91,262	62,657	71,767	87,071	97,028	100,596	96,300	108,200	48,200	51,600	48,800	38,300	33,600	29,600	28,100	25,500	20,200	20,900	19,700	17,500	13,300	11,100	6,300	5,000	-	-	3,400	-	-	-
Total Liab	1,370,749	1,358,354	1,363,135	1,410,280	1,456,255	1,473,290	1,524,186	1,463,900	1,825,854	1,800,427	1,746,006	1,716,761	2,600,231	2,619,820	2,560,642	2,832,266	2,646,905	2,811,301	2,913,784	2,926,445	2,847,027	2,823,419	2,672,716	2,739,586	2,800,824	2,763,949	2,569,148	2,662,415	2,578,633	2,676,527	2,213,361	2,175,687	2,109,368	2,212,754	2,054,844	1,532,252	1,343,229	973,105	769,723	792,064	706,442	745,771	696,245	686,900	714,969	583,860	476,853	527,224	541,632	517,596	482,509	560,049	590,192	427,678	459,371	502,193	499,252	535,341	526,910	516,041	531,736	515,892	352,204	279,259	343,750	295,974	207,899	223,520	269,369	219,048	207,899	212,291	208,612	186,521	199,813	219,286	217,858	142,672	121,218	105,454	145,216	141,765	115,080	82,341	100,681	85,865	74,762	81,793	94,247	88,024	117,594	74,068	82,834	99,256	108,696	110,764	105,900	116,600	97,800	67,600	63,300	59,100	47,000	35,200	33,100	29,300	24,200	24,000	22,700	20,300	14,100	11,800	7,100	5,800	-	-	4,200	-	-	-
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2,667,337	2,558,053	2,460,600	2,437,846	2,333,741	2,220,295	2,114,062	2,265,566	2,505,112	2,404,777	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Total Stockholder Equity	849,061	967,985	942,375	909,771	891,632	858,667	845,430	877,076	896,692	845,466	808,906	766,759	747,717	804,761	826,570	1,487,396	1,498,996	1,479,360	2,725,027	2,779,812	3,087,884	3,015,305	3,186,922	3,143,488	3,066,454	2,916,574	2,838,248	2,762,470	2,760,767	2,667,337	2,557,965	2,460,411	2,437,846	2,333,135	2,219,548	2,113,233	2,265,566	2,504,047	2,404,777	2,307,080	2,342,988	2,234,094	2,193,145	2,105,756	2,035,368	1,949,109	1,870,113	1,797,813	1,731,016	1,662,220	1,590,218	1,505,751	1,447,454	1,373,321	1,300,323	1,238,121	1,190,098	1,116,833	1,056,535	1,005,872	965,138	919,133	874,553	927,918	959,052	941,977	783,160	894,848	865,801	825,599	783,160	750,726	691,791	697,711	651,348	601,088	571,031	630,086	631,128	617,078	572,378	536,510	524,874	516,338	547,998	523,267	553,739	503,808	478,852	458,953	429,322	246,005	241,900	236,812	232,901	232,265	228,900	223,100	218,000	209,500	201,100	188,300	179,600	170,400	163,700	155,500	149,600	141,700	136,300	132,000	68,900	65,600	62,800	60,100	-	-	16,100	-	-	-
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-2,460,600	-2,437,846	-2,333,741	-2,220,295	-2,114,062	-2,265,566	-2,505,112	-2,404,777	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-207,278	-173,151	-150,000	-150,000	-150,000	-124,767	-99,980	-49,998	-49,998	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-

Cash Flow

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31
Begin Period Cash Flow	9,824	387,391	1,123,843	107,870	56,745	80,200	55,698	51,572	47,928	31,137	21,280	18,596	26,251	26,503	14,346	102,821	11,192	11,192	7,011	27,896	73,195	27,557	3,075	825	700	18,600	18,400	18,500	7,400	2,500
Capital Expenditures	33,328	29,708	32,249	28,788	31,881	48,868	49,309	39,264	27,073	18,061	15,654	14,495	31,332	12,113	14,947	15,680	12,874	12,874	7,885	7,057	15,274	7,993	30,822	13,379	55,000	92,200	62,400	4,700	1,900	600
Cash And Cash Equivalents Changes	0	-377,567	-736,452	1,015,973	0	-23,455	24,502	4,126	3,644	16,791	9,857	2,684	-7,655	-252	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	38,724	52,841	-29,704	0	-11,450	-6,251	8,215	-4,705	-428	-981	909	499	281	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	63,434	-377,567	-736,452	1,015,973	56,022	-23,455	24,502	4,126	3,644	16,791	9,857	2,684	-7,655	-252	12,157	-88,475	58,403	58,403	4,181	-20,885	-45,299	45,638	24,482	2,250	100	13,500	3,300	61,900	39,700	100
Change In Working Capital	-11,628	31,827	-23,356	52,728	97,244	-97,115	117,646	-26,222	-75,350	31,438	35,359	3,193	-8,508	-35,118	17,087	30,390	26,597	82,448	51,709	10,507	35,001	21,434	53,196	12,678	-18,900	-9,100	-3,000	-4,500	-2,500	-800
Change Receivables	0	-5,543	-72,731	37,937	0	-36,598	7,803	-34,000	-55,391	-57,018	-37,331	-17,678	-48,993	-16,951	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	26,276	-5,543	-72,731	37,937	7,854	-36,598	7,803	-34,000	-55,391	-57,018	-37,331	-17,678	-48,993	-16,951	-2,049	-16,929	-3,865	0	-3,865	-13,647	-17,368	0	17,676	8,593	0	0	0	0	0	0
Change To Inventory	0	0	0	-54,887	-34,117	-66,728	70,258	-3,017	-7,367	10,641	2,443	-6,434	3,271	22,588	-20,072	-7,754	-4,391	0	21,980	-13,663	-7,308	0	0	0	0	0	0	0	0	0
Change To Liabilities	0	-1,354	-3,477	44,495	46,196	-50,160	115,344	-1,474	-16,693	84,813	76,019	19,962	39,986	-18,448	39,481	58,940	45,190	30,933	35,758	16,637	35,165	15,504	22,992	779	0	0	0	0	0	0
Change To Netincome	0	31,378	-14,162	912,776	1,813,450	3,651	-34,283	52,361	46,483	32,081	47,208	49,781	35,155	50,068	0	0	6,094	14,232	19,807	9,738	14,817	20,124	8,857	3,616	0	0	0	0	0	0
Change To Operating Activities	0	18,725	30,323	-26,186	-12,556	-15,546	11,076	-2,642	-10,964	10,118	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	36,171	35,636	32,147	28,441	78,860	111,281	102,879	89,264	64,228	45,990	39,966	30,816	25,292	21,950	16,716	13,210	9,470	9,470	9,915	9,353	8,405	6,135	21,439	13,810	12,100	8,700	4,500	1,800	400	200
Dividends Paid	470,000	0	0	526,252	1,747,300	2,223,500	2,846,000	1,940,000	2,871,500	1,754,500	911,500	0	0	0	0	449,800	0	0	0	0	0	0	0	0	0	0	0	0	0	0
End Period Cash Flow	73,258	9,824	387,391	1,123,843	112,767	56,745	80,200	55,698	51,572	47,928	31,137	21,280	18,596	26,251	26,503	14,346	69,595	69,595	11,192	7,011	27,896	73,195	27,557	3,075	800	32,100	21,700	18,500	47,100	2,600
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	103,997	137,233	44,488	175,832	314,756	241,057	462,069	404,514	341,628	404,580	389,744	311,197	239,687	228,445	226,427	165,711	164,398	164,398	154,533	116,696	102,760	89,849	59,514	22,770	-31,000	-58,400	-33,400	10,100	4,000	4,800
Investments	-46,993	-56,954	1,444	-28,413	102,455	-2,174	-2,313	-19,651	-2,024	-6,149	-9,791	-5,047	-4,356	-10,903	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	5,052	5,396	6,853	7,009	11,258	16,258	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	-401,501	-759,848	-1,671	-239,500	120,554	141,208	427,870	713,329	536,560	-117,099	114,864	-117,963	96,238	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	-60,408	62,568	108,014	-9,580	-1,150,094	268,629	320,372	324,596	335,691	317,203	280,517	240,907	217,997	202,691	175,804	169,201	124,465	124,465	89,037	98,279	84,328	68,776	30,428	10,986	25,000	29,100	20,900	13,100	6,700	5,400
Other Cashflows From Financing Activities	929,410	1,480,732	407	1,052,239	3,475,286	4,434,647	5,683,920	3,873,501	5,727,537	3,511,466	1,831,214	513,763	512,970	686,032	479,274	903,731	57,159	8,067	-54,808	52,437	-750	-589	-48,304	-27,243	40,300	7,700	-200	2,100	-100	-100
Other Cashflows From Investing Activities	0	-26,789	84,872	872,712	152,695	-91,727	-524,991	-762,302	-820,927	-479,394	-238,045	-441,006	-154,885	-338,596	0	68,300	0	6,102	0	1,100	0	0	0	5,138	0	0	0	0	0	0
Other Non Cash Items	157,628	43,554	-27,797	57,697	1,462,276	-7,424	981	3,991	-2,491	-6,268	2,348	995	1,083	967	0	-38,537	8,270	20,106	10,206	-197	0	0	-2	15	100	0	100	0	-200	100
Sale Purchase Of Stock	-919	-88,511	-4,719	-8,493	-145,280	-302,160	-70,192	-61,828	-235,051	-488,429	-51,863	28,810	31,362	22,532	0	-199,997	-50,000	0	-50,000	-149,998	-100,002	-49,998	-2,561	0	0	0	0	0	-100	-400
Stock Based Compensation	12,323	16,127	18,968	39,042	35,351	38,703	29,573	34,000	32,129	31,719	31,288	28,437	27,092	25,693	24,320	20,776	10,206	0	10,206	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	-25,715	-487,554	-760,116	-4,158	-393,070	-170,611	89,737	381,565	482,943	97,754	-132,051	137,540	-88,101	120,802	-66,083	-46,968	37,079	37,079	-53,385	-63,867	-72,816	-18,476	-35,032	-25,658	48,400	13,500	3,300	61,900	39,700	100
Total Cash From Operating Activities	137,325	166,941	76,737	204,620	346,637	289,925	511,378	443,778	368,701	422,641	405,398	325,692	271,019	240,558	241,374	181,391	177,272	177,272	162,418	123,753	118,034	97,842	90,336	36,149	24,000	33,800	29,000	14,800	5,900	5,400
Total Cashflows From Investing Activities	0	-56,954	-53,073	815,511	102,455	-142,769	-576,613	-821,217	-848,000	-503,604	-263,490	-460,548	-190,573	-361,612	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31
Begin Period Cash Flow	21,179	5,849	6,124	9,824	8,668	14,088	7,179	387,391	357,914	338,157	269,630	1,123,843	294,512	132,151	312,155	112,767	28,890	40,242	46,476	56,745	54,461	58,056	60,939	80,200	48,403	40,423	41,839	55,698	52,805	51,892	55,491	51,572	60,915	65,322	50,219	47,928	71,822	17,713	19,775	31,137	16,242	13,163	34,425	21,280	66,124	12,146	22,388	18,596	35,749	23,964	15,049	26,251	61,387	26,141	23,939	26,503	20,865	18,600	21,343	14,346	12,136	14,233	39,488	102,843	50,507	136,606	4,507	69,595	62,498	28,845	4,507	11,192	4,778	5,614	4,080	7,011	30,907	19,719	24,314	27,896	10,410	11,554	13,628	73,195	41,395	64,729	36,599	27,557	3,536	4,440	1,756	3,075	1,897	1,197	1,078	825	400	-14,400	8,200	700	6,200	11,200	19,200	18,600	100	1,600	22,300	18,400	61,600	100	7,000	18,500	0
Capital Expenditures	9,044	9,154	8,131	6,999	9,058	6,947	6,558	7,145	3,168	10,545	9,484	9,052	6,979	1,517	9,613	13,713	6,872	8,529	10,659	5,821	10,733	11,861	13,848	12,426	17,333	10,067	10,179	11,730	10,844	9,249	8,728	10,443	7,165	7,239	7,281	5,388	6,656	3,652	3,183	4,570	2,970	3,339	5,008	4,337	4,548	3,126	3,901	2,920	2,710	5,203	3,169	20,250	2,059	2,834	3,158	4,062	4,086	2,803	3,574	4,484	2,729	4,764	3,275	4,912	3,642	1,522	6,449	1,469	3,664	1,199	6,449	1,562	2,313	1,411	2,630	1,531	1,830	1,421	1,407	2,399	1,531	11,403	1,024	1,316	2,806	2,261	1,267	1,659	25,710	1,872	1,946	1,294	10,437	795	1,048	1,099	1,600	2,500	50,400	500	7,400	19,500	15,400	49,900	60,800	500	500	600	38,100	40,200	1,800	800	0
Cash And Cash Equivalents Changes	0	0	0	-3,700	1,156	-5,420	6,909	-380,212	29,477	19,757	68,527	-854,213	829,331	162,361	-175,107	199,388	0	-14,188	-6,045	1,156	2,284	-3,595	-2,883	-19,261	31,797	7,980	-1,416	-13,859	2,893	913	-3,599	3,919	-9,343	-4,407	15,103	2,291	-23,894	54,109	-2,062	-11,362	14,895	3,079	-21,262	13,145	-44,844	53,978	-10,242	3,792	-17,153	11,785	8,915	-11,202	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	0	-1,140	-3,304	33,036	38,873	-29,881	32,872	9,908	-18,231	28,292	-51,394	29,582	-31,049	23,157	0	12,016	-2,883	13,832	-851	-3,176	-7,802	379	-4,274	2,413	-5,131	741	-208	10,354	-4,339	2,408	-6,160	1,068	-2,283	2,670	4,911	391	-2,158	-3,572	2,938	-1,847	-3,348	1,276	-1,634	2,743	-2,334	2,134	1,504	-3,767	513	2,249	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	52,079	15,330	-275	-3,700	1,156	-5,420	6,909	-380,212	29,477	19,757	68,527	-854,213	829,331	162,361	-180,004	199,388	83,877	-11,352	-6,234	-10,269	2,284	-3,595	-2,883	-19,261	31,797	7,980	-1,416	-13,859	2,893	913	-3,599	3,919	-9,343	-4,407	15,103	2,291	-23,894	54,109	-2,062	-11,362	14,895	3,079	-21,262	13,145	-44,844	53,978	-10,242	3,792	-17,153	11,785	8,915	-11,202	-35,136	35,246	2,202	-2,564	5,638	2,265	-2,743	6,997	2,210	-2,097	-25,255	-63,355	52,386	-86,099	24,338	2,037	7,097	33,653	24,338	-6,685	6,414	-836	1,534	-2,931	-23,896	11,188	-4,595	-3,582	17,486	-1,144	-2,074	-59,567	31,800	-23,334	28,130	9,042	24,021	-904	2,684	-1,319	1,178	700	119	253	400	14,800	33,800	7,500	-4,500	6,200	11,200	600	1,000	100	1,600	3,900	200	61,600	100	-11,500	100
Change In Working Capital	25,578	45,562	46,054	-128,822	77,048	53,590	42,760	-141,571	23,835	33,619	34,088	-114,898	58,145	67,555	117,112	-190,084	88,729	96,267	44,468	-132,220	42,373	33,616	39,849	-212,953	102,925	100,915	24,177	-110,371	17,820	65,599	23,008	-132,649	-25,078	71,819	25,149	-147,240	77,707	52,611	30,223	-129,103	43,443	58,675	19,293	-86,052	18,922	46,862	21,153	-83,744	14,643	27,153	23,434	-73,738	449	30,052	23,509	-89,128	2,262	46,940	26,688	-58,803	42,474	40,279	5,508	-57,871	46,095	23,747	30,243	44,694	31,265	28,350	-13,799	-45,317	23,246	29,683	19,363	-20,583	16,634	18,202	13,412	-37,741	15,288	35,805	9,209	-25,301	13,619	2,077	17,581	-11,843	24,046	15,328	8,501	5,321	8,967	3,603	2,413	-2,305	800	-4,900	-13,900	-900	2,300	-600	-7,500	-3,300	-9,800	11,300	-1,900	-2,600	-2,400	2,500	-100	-4,500	1,000
Change Receivables	0	0	0	21,345	-5,042	15,449	4,202	-20,152	-30,704	-16,022	-14,372	-11,633	7,931	-14,290	18,392	25,904	0	9,491	18,448	-15,915	-17,771	5,171	14,612	-38,610	16,888	-27,446	7,283	11,078	-9,188	-8,584	4,861	-21,089	-37,768	-15,498	6,558	-8,683	-7,022	-7,983	-11,721	-30,292	-12,583	-3,040	-5,954	-15,754	2,441	-9,587	-4,203	-6,329	-23,328	-13,028	-5,862	-6,775	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	4,181	-6,805	7,555	21,345	-5,042	15,449	4,202	-20,152	-30,704	-16,022	-14,372	-11,633	7,931	-14,290	18,392	25,904	-4,170	9,491	18,448	-15,915	-17,771	5,171	14,612	-38,610	16,888	-27,446	7,283	11,078	-9,188	-8,584	4,861	-21,089	-37,768	-15,498	6,558	-8,683	-7,022	-7,983	-11,721	-30,292	-12,583	-3,040	-5,954	-15,754	2,441	-9,587	-4,203	-6,329	-23,328	-13,028	-5,862	-6,775	-6,673	4,261	-4,998	-9,541	-421	-588	1,793	-2,833	-16,929	0	0	1,432	-21,793	0	-3,865	0	0	0	0	-4,034	-3,865	0	2,010	2,451	-17,368	0	0	-3,726	-11,505	0	0	-8,055	0	0	0	0	17,676	12,249	10,171	2,047	8,593	3,843	1,359	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Inventory	0	0	0	0	0	-14,547	0	159,271	-21,326	0	0	-334,769	-53,171	10,749	11,501	-27,782	-660	-5,320	-47,300	19,163	8,809	-34,450	-3,263	-37,824	46,239	44,010	-49,755	29,764	-10,826	16,170	-30,227	21,866	-25,821	29,410	-33,212	22,256	6,627	3,428	-24,351	24,937	1,496	6,943	-34,901	28,905	6,634	0	0	32,478	19,741	0	0	14,926	-39,353	0	0	-9,299	-60,621	0	0	-15,910	3,592	0	0	23,102	21,501	0	7,737	0	0	0	0	927	-6,483	0	0	-32,079	-22,343	0	0	-60,232	-13,223	0	0	-42,437	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Liabilities	0	41,197	52,810	-149,027	85,394	5,105	66,541	-158,394	21,656	49,137	52,484	-106,937	101,608	52,365	129,769	-239,247	79,682	74,414	28,527	-130,179	60,588	31,000	33,039	-174,787	90,135	125,673	21,770	-122,234	26,914	63,595	22,014	-113,997	18,456	85,996	20,116	-141,261	79,598	59,659	43,228	-97,672	55,436	63,562	28,595	-71,574	18,115	53,706	27,690	-79,549	36,467	43,948	28,783	-69,212	0	0	0	0	39,481	13,127	0	0	58,940	0	0	0	45,190	5,457	0	0	30,933	0	0	0	35,758	6,222	0	0	16,637	0	0	0	35,165	20,167	0	0	15,504	6,830	0	0	22,992	12,739	2,381	0	779	1,475	2,141	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	3,774	5,773	4,353	-17,576	-10,433	3,456	55,931	17,402	-11,463	-23,618	7,037	-16,494	150,074	736,860	42,336	19,335	1,295,209	62,582	296,764	-5,735	12,346	-11,664	8,704	-71,067	6,956	22,864	6,964	9,358	8,771	23,244	10,988	19,045	-7,008	22,145	11,389	-862	9,752	15,507	7,684	4,679	11,227	28,390	2,912	12,609	13,759	27,513	-4,100	9,564	8,199	9,617	7,775	18,706	17,558	14,063	24,081	0	1,452	1,726	19,679	0	3,652	118	22,616	6,094	0	0	0	14,232	0	2,572	2,837	19,807	24,304	10,516	10,463	9,738	0	0	2,887	14,817	8,888	0	2,421	20,124	10,725	15,016	3,484	8,857	4,120	1,395	4,965	3,616	0	0	1,225	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	4,296	3,016	3,016	-12,195	10,541	-257	20,636	13,780	-11,270	5,640	22,173	-56,033	10,851	10,851	15,245	11,093	1,741	-6,495	1,839	-2,718	-4,206	-9,505	685	11,492	8,700	-2,487	741	-2,642	10,354	-4,339	2,408	-10,964	0	0	0	10,118	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	9,062	9,211	8,945	8,953	9,136	8,956	8,775	8,769	7,859	8,151	8,106	8,031	7,692	-8,043	10,119	18,673	19,410	19,608	19,809	20,033	29,891	28,709	26,518	26,163	26,414	25,116	25,735	25,614	25,254	24,185	20,241	19,584	18,149	16,918	15,549	13,612	13,902	11,356	10,362	10,370	10,491	10,461	9,870	9,144	8,091	7,925	7,687	7,113	7,266	6,213	6,032	5,781	5,843	6,321	5,006	4,780	4,610	3,956	4,187	3,963	4,020	3,296	2,939	2,955	3,047	2,577	2,404	2,473	2,410	2,308	2,404	2,348	2,400	2,339	2,529	2,647	2,354	2,299	2,337	2,363	2,357	2,495	1,903	1,650	1,688	1,520	1,462	1,465	6,414	6,344	5,103	3,578	3,561	3,478	3,435	3,336	3,300	3,200	2,900	2,700	2,500	2,400	2,100	1,700	1,400	1,300	1,000	800	700	500	400	200	200
Dividends Paid	0	49,000	205,000	0	0	0	0	0	0	0	0	0	527,292	1,248	12,500	515,000	21,500	327,300	380,000	1,018,500	0	543,000	0	0	0	0	284,500	536,500	0	0	352,000	550,000	0	432,000	0	634,500	670,500	450,000	262,500	371,500	131,363	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	286,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
End Period Cash Flow	73,258	21,179	5,849	6,124	9,824	8,668	14,088	7,179	387,391	357,914	338,157	269,630	1,123,843	294,512	132,151	312,155	112,767	28,890	40,242	46,476	56,745	54,461	58,056	60,939	80,200	48,403	40,423	41,839	55,698	52,805	51,892	55,491	51,572	60,915	65,322	50,219	47,928	71,822	17,713	19,775	31,137	16,242	13,163	34,425	21,280	66,124	12,146	22,388	18,596	35,749	23,964	15,049	26,251	61,387	26,141	23,939	26,503	20,865	18,600	21,343	14,346	12,136	14,233	39,488	102,893	50,507	28,845	71,632	69,595	62,498	28,845	4,507	11,192	4,778	5,614	4,080	7,011	30,907	19,719	24,314	27,896	10,410	11,554	13,628	73,195	41,395	64,729	36,599	27,557	3,536	4,440	1,756	3,075	1,897	1,197	1,078	800	400	0	8,200	700	6,200	11,200	19,200	1,000	100	1,600	22,300	200	61,600	100	7,000	100
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	60,206	70,784	80,923	-107,916	89,628	76,383	75,849	-104,627	41,068	50,557	44,103	-91,240	-18,845	168,418	183,369	-160,144	120,749	147,652	108,993	-62,638	116,861	128,866	121,390	-126,060	178,302	189,863	127,397	-33,493	120,104	186,877	141,015	-43,482	96,971	164,877	138,852	-59,072	172,151	155,761	131,060	-54,392	135,649	154,592	122,227	-22,724	101,409	131,576	113,248	-35,036	87,388	94,876	92,134	-34,711	83,020	102,558	88,535	-45,668	68,832	103,928	80,176	-26,509	65,549	78,367	54,042	-32,247	85,768	61,304	62,664	-32,245	65,266	49,198	62,664	-12,730	45,512	59,305	50,591	-875	41,587	45,639	39,743	-10,273	36,702	34,861	39,006	-7,809	27,828	33,438	25,632	2,951	5,994	28,110	18,471	6,939	4,456	9,988	4,134	4,192	8,200	2,200	-51,400	10,000	4,600	-7,400	-12,400	-43,200	-50,000	8,900	5,000	2,700	-34,500	-33,000	2,400	-1,000	3,800
Investments	-12,424	-14,004	-10,398	-2,684	-11,241	-105	-5,384	6,440	-2,620	-18,326	95	2,295	-23,188	8,975	-3,018	-11,182	156,977	4,153	3,380	4,800	3,200	4,515	650	-10,539	1,913	3,808	501	-8,535	-1,023	-4,969	-7,498	-6,161	-4,850	-254	3,534	-454	-1,045	-3,428	-1,407	-269	2,762	130	-2,680	-10,003	-7,911	6,177	-4,937	1,624	-6,902	-5,587	10,883	-2,750	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	1,036	1,187	1,594	1,095	1,176	1,382	1,664	1,174	1,242	3,033	1,536	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	-44,826	-76,826	110,000	-91,000	-58,727	4,030	-255,804	1,796	-690	-434	-760,520	-728	-247	-368,693	367,997	-209,851	-141,785	-41,370	144,078	-31,933	114,123	-74,821	113,185	22,330	52,876	-129,921	195,923	-83,529	347,826	-3,891	167,464	-88,571	65,392	394,477	327,841	276,144	108,958	-69,517	220,975	-96,523	-30,323	-30,223	39,970	95,985	47,965	-83,543	54,457	-21,050	-16,059	-110,759	29,905	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	-124,287	21,391	28,282	14,206	24,000	28,808	30,701	-20,941	40,282	31,847	30,533	5,352	4,487	-7,918	9,961	-16,110	32,983	-1,260,246	35,516	41,653	60,214	65,575	79,412	63,428	136,103	65,880	63,698	54,691	78,079	96,421	82,325	67,771	92,414	90,640	84,048	68,589	88,280	86,238	79,025	63,660	78,974	76,958	69,218	55,367	66,103	65,910	60,544	48,350	58,359	58,241	55,941	45,456	53,800	61,270	49,358	38,263	50,401	48,134	43,217	34,052	38,985	37,396	37,014	55,806	41,267	39,558	33,135	25,582	32,415	35,165	33,458	23,750	15,870	28,057	27,127	17,983	25,785	25,943	25,235	21,316	23,971	23,473	19,885	16,999	18,987	19,346	16,967	13,476	10,148	10,319	6,357	3,604	4,070	3,829	-291	3,378	5,000	4,900	7,800	7,300	8,200	7,700	7,100	6,100	6,300	5,500	4,800	4,300	3,900	3,600	3,000	2,600	2,300
Other Cashflows From Financing Activities	-2,145	91,168	406,312	218,075	164,370	199,472	226,228	890,662	596	-41,214	14,089	-189	527,292	1,493	24,990	1,028,252	41,606	651,045	755,323	2,027,312	850,516	1,082,498	315,500	505,633	1,584,851	433,136	567,455	1,073,478	277,359	755,181	703,074	1,099,887	1,007,110	862,101	783,621	1,269,705	1,340,832	898,703	527,641	744,290	266,893	217,099	269,581	297,504	112,731	156,229	110,223	134,580	122,284	149,243	93,641	147,802	322,485	25,009	108,628	229,910	145,897	71,906	75,414	572,057	-31,721	111,979	59,101	1,988	168	-60,935	-41,325	612	1	505	-251	48,487	-74	-45,627	-36,870	27,763	53,934	-1,293	-23,264	-91	-114,793	-2,870	16,962	-51	10	-50,480	-64	-53	-12,062	-30,957	-146	-7,700	-17,500	-8,950	-3,566	3,700	-8,400	14,800	33,000	900	-7,400	5,200	9,900	-22,900	-100	-25,500	-100	100	-100	2,200	100	-100	-100
Other Cashflows From Investing Activities	0	-11,468	-6,618	-1,667	-775	964	-1,410	-25,568	97,344	-8,408	22,261	2,350	870,778	-13,933	11,192	4,675	-8,777	-22,843	-11,333	-7,670	-87,456	-1,460	-3,600	789	-173,716	-241,397	-2,683	-107,195	-37,441	-529,146	-136,175	-59,540	-12,599	-236,839	-531,741	-37,724	-133,323	-210,574	-66,122	-69,375	-44,500	-76,601	-115,649	-1,295	-238,644	-137,493	-36,774	-28,095	-74,957	-68,395	-1,450	-10,083	0	0	0	0	0	0	0	0	68,300	66,000	66,000	66,000	0	0	0	0	6,102	6,102	6,102	0	0	0	0	0	1,100	1,100	1,100	0	0	0	0	0	0	0	0	0	0	0	0	0	5,138	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	163,223	-1,603	-3,721	-271	-665	-5,336	118	49,437	-30,713	-4,852	-23,858	31,626	-91,190	121,638	27,776	-527	2,431	1,436,266	15,743	7,836	-7,022	-401	191	-192	-43	1,990	451	-1,417	-189	3,077	356	747	-1,142	-792	-2,053	1,496	-1,036	-1,775	-1,024	-2,433	1,032	610	464	242	232	246	252	265	266	273	279	265	250	268	274	175	0	0	0	0	-17,562	5,373	4,942	-38,165	-13,483	4,361	3,218	3,295	4,817	5,101	0	5,017	-4,730	4,730	0	0	35,198	0	-197	0	21,434	0	0	0	0	-1	1	0	-2	0	0	0	15	0	0	0	100	100	0	-100	100	-200	0	100	9,600	-9,500	-100	100	100	-200	200	-100	-300
Sale Purchase Of Stock	0	-133	-11	-775	-1,470	-21,477	-64,398	-1,166	1,242	-2,474	-251	-1,994	2	-5,452	-501	-2,542	-355	-416	-65,527	-78,982	3,006	-250,000	-52,160	3,731	4,592	4,694	-2,078	-68,114	6,423	4,144	-3,182	-58,646	3,406	-1,450	6,360	-233,601	-360,670	-1,063	-9,707	-116,989	-51,863	-46,681	4,982	5,193	9,983	5,024	4,541	9,262	3,054	5,207	16,966	6,135	22,532	9,571	0	0	0	0	0	-100,000	0	0	-99,997	-100,000	-32,607	0	-50,000	0	0	0	0	0	-50,000	0	0	-92,720	-92,720	-34,127	0	0	100,002	-25,233	-24,787	-49,982	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	3,024	3,164	3,126	3,009	3,236	4,120	4,336	4,435	4,021	5,495	5,735	3,717	2,922	22,301	5,784	8,035	6,379	8,022	9,961	10,989	9,359	8,945	10,524	9,875	7,040	7,752	7,245	7,536	8,111	8,649	8,327	8,913	8,169	8,196	7,928	7,836	7,805	8,065	7,778	8,071	8,099	8,097	7,808	7,284	7,996	7,352	6,053	7,036	7,055	6,832	6,693	6,512	6,594	6,665	6,315	6,119	6,434	6,472	5,731	5,683	20,776	0	1,928	4,947	17,961	0	323	0	0	0	0	5,017	10,206	0	0	0	-35,198	0	0	0	-21,434	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	-4,747	-50,604	-78,931	108,567	-86,289	-82,662	-62,146	-256,457	825	-131	851	-761,661	586	-4,133	-366,650	366,039	-209,499	-143,150	-107,085	66,664	-30,321	-135,516	-121,323	116,549	25,298	55,706	-126,631	135,364	-78,747	348,151	-941	113,102	-88,865	67,809	404,458	99,541	-61,677	112,350	-65,593	112,674	-79,016	-75,042	-25,160	47,167	100,302	53,718	-81,779	65,299	-22,682	-9,109	-92,652	36,342	157,385	-52,984	-66,135	82,536	-19,914	-61,198	-27,385	42,414	-30,304	113,659	-37,893	-92,430	-29,958	-41,278	-38,120	3,524	2,696	1,660	-38,120	70,843	-32,816	-36,753	-20,051	36,235	-32,356	-31,474	-15,409	15,372	-7,282	-18,893	2,457	-49,098	3,898	-50,056	19,777	7,905	-4,247	-26,202	2,788	-7,371	-16,842	-8,950	-3,566	3,700	-7,700	14,800	33,800	7,500	-4,500	6,200	11,200	600	1,000	100	1,600	600	200	61,600	100	0	100
Total Cash From Operating Activities	69,250	79,938	89,054	-100,917	98,686	83,330	82,407	-97,482	44,236	61,102	53,587	-82,188	-11,866	169,935	192,982	-146,431	127,621	156,181	119,652	-56,817	127,594	140,727	135,238	-113,634	195,635	199,930	137,576	-21,763	130,948	196,126	149,743	-33,039	104,136	172,116	146,133	-53,684	178,807	159,413	134,243	-49,822	138,619	157,931	127,235	-18,387	105,957	134,702	117,149	-32,116	90,098	100,079	95,303	-14,461	85,079	105,392	91,693	-41,606	72,918	106,731	83,750	-22,025	68,278	83,131	57,317	-27,335	89,410	62,826	69,113	-30,776	68,930	50,397	69,113	-11,168	47,825	60,716	53,221	656	43,417	47,060	41,150	-7,874	38,233	46,264	40,030	-6,493	30,634	35,699	26,899	4,610	31,704	29,982	20,417	8,233	14,893	10,783	5,182	5,291	9,800	4,700	-1,000	10,500	12,000	12,100	3,000	6,700	10,800	9,400	5,500	3,300	3,600	7,200	4,200	-200	3,800
Total Cashflows From Investing Activities	0	-35,752	-21,748	-11,350	-11,241	-6,088	-13,352	-26,273	-15,584	-37,489	14,089	-10,364	840,611	-3,441	-1,439	-20,220	156,977	-27,219	-18,612	-8,691	-94,989	-8,806	-16,798	-22,176	-189,136	-247,656	-12,361	-127,460	-49,308	-543,364	-152,401	-76,144	-24,614	-244,332	-535,488	-43,566	-141,024	-217,654	-70,712	-74,214	-44,708	-79,810	-123,337	-15,635	-251,103	-134,442	-45,612	-29,391	-84,569	-79,185	6,264	-33,083	-361,612	-84,012	0	0	0	0	0	0	0	0	11,753	56,410	0	0	23,921	29,289	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Income Statement

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31
Cost Of Revenue	1,573,075	1,504,988	1,397,949	1,284,630	2,621,544	2,657,616	2,458,252	2,149,636	1,851,985	1,632,397	1,443,706	1,202,736	1,037,211	912,431	835,725	688,212	501,553	501,553	27,678	24,254	18,588	15,791	228,458	26,675	21,100	14,100	9,800	6,300	3,500	2,800
Depreciation And Amortization	36,171	64,670	48,879	28,441	78,860	111,281	102,879	89,264	64,228	45,990	39,966	30,816	25,292	21,950	16,448	13,071	9,470	9,470	9,915	9,353	8,405	6,135	21,439	13,810	12,100	8,700	4,500	1,800	400	200
Discontinued Operations	0	3,767	22,950	-786,908	-1,539,910	10,018	14,930	14,930	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	159,909	172,688	202,918	173,518	416,274	452,673	481,028	574,872	560,995	514,779	452,131	389,520	355,389	312,911	288,929	242,029	194,638	198,474	146,489	155,330	136,407	111,257	58,439	24,514	44,600	48,300	31,000	18,000	9,700	9,100
Ebitda	196,080	237,358	251,797	201,959	495,134	563,954	583,907	664,136	625,223	560,769	492,097	420,336	380,681	334,861	305,377	255,100	204,108	207,944	156,404	164,683	144,812	117,392	79,878	38,324	56,700	57,000	35,500	19,800	10,100	9,300
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	3,767	22,950	-786,908	-347,608	10,018	14,930	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	421,565	467,033	513,242	449,321	891,998	989,507	1,000,060	1,033,523	928,011	806,516	710,306	613,876	551,037	489,128	452,539	380,065	317,001	317,001	666,022	595,375	532,609	449,690	354,595	216,400	205,900	171,300	119,100	74,500	40,400	30,000
Income Before Tax	-48,359	81,370	135,228	7,148	-1,241,980	368,839	410,422	513,799	539,729	508,616	448,412	388,171	353,245	311,152	287,700	241,418	201,278	201,278	146,581	155,821	135,999	111,737	56,210	21,459	42,600	48,500	34,800	22,000	11,200	9,100
Income Tax Expense	12,049	18,806	27,241	16,728	-91,886	100,210	90,050	189,203	204,038	191,413	167,895	147,264	135,248	108,461	111,896	94,736	76,813	76,813	57,544	57,542	51,671	42,961	25,782	10,473	17,600	19,400	13,900	8,900	4,500	3,700
Interest Expense	42,075	39,695	68,722	110,482	119,381	88,769	74,559	63,092	23,110	8,891	5,415	3,245	3,639	3,193	2,911	3,593	1,032	0	2,262	1,295	1,372	0	0	0	0	0	0	0	0	0
Interest Income	0	34,302	53,158	90,984	105,931	76,753	69,219	57,888	18,139	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	4	27	232	232	232	232	-318	-629	-78	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	-60,408	66,335	130,964	-9,580	-1,150,094	268,629	320,372	324,914	336,320	317,281	280,517	240,907	217,997	202,691	175,804	169,201	124,465	124,465	89,037	98,279	84,328	68,776	30,428	10,986	25,000	29,100	20,900	13,100	6,700	5,400
Net Income Applicable To Common Shares	0	66,335	130,964	-796,488	-1,497,702	268,629	320,372	324,914	336,320	317,281	280,517	240,907	217,997	202,691	175,804	146,682	140,019	124,465	89,037	98,279	84,328	68,776	30,428	10,986	0	0	0	0	0	0
Net Income From Continuing Ops	-60,408	62,564	107,987	-9,580	-1,150,094	268,629	320,372	324,596	335,691	317,203	280,517	240,907	217,997	202,691	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	-42,075	-39,695	-68,722	-110,482	-119,381	-88,769	-74,559	-63,092	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	-56,674	15,564	19,498	0	11,760	4,905	5,204	4,971	4,508	1,696	1,896	1,495	1,434	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	27,312	22,100	73,801	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	7,321	172,688	202,918	173,518	416,274	445,848	480,076	571,687	557,868	512,999	452,131	389,520	355,389	312,911	288,929	242,029	198,474	198,474	147,666	156,223	136,889	112,075	58,439	24,872	44,900	48,900	33,100	20,000	10,500	9,100
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	1,836,788	1,772,021	1,693,453	1,562,018	3,105,047	3,201,275	2,978,236	2,611,472	2,222,128	1,925,914	1,701,881	1,427,092	1,252,859	1,088,648	999,335	826,248	620,080	620,080	546,034	463,406	414,308	353,406	296,156	218,203	182,100	136,500	95,800	60,800	33,400	23,700
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	36,171	35,636	32,147	28,441	78,860	111,281	102,879	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	22,197	0	0	0	393,137	350,354	310,778	0	0	0	0	0	0	0	0	0
Selling General Administrative	227,542	231,397	263,357	248,947	404,643	432,378	417,105	372,572	305,915	247,527	218,209	193,540	170,356	154,267	124,965	124,965	109,057	109,057	115,304	79,445	76,537	331,480	274,719	177,718	148,900	113,700	81,500	52,700	0	0
Tax Provision	12,049	18,806	27,241	16,728	-91,886	100,210	90,050	189,203	204,038	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	263,713	267,033	295,504	277,388	483,503	543,659	519,984	461,836	370,143	293,517	258,175	224,356	215,648	176,217	163,610	826,248	118,527	118,527	518,356	439,152	395,720	337,615	296,156	191,528	161,000	122,400	86,000	54,500	29,900	20,900
Total Other Income Expense Net	-164,136	-91,318	-67,690	-166,370	-1,658,254	11,760	4,905	5,204	4,971	4,508	1,696	1,896	1,495	1,434	1,682	2,982	3,836	3,836	1,177	893	482	818	-2,229	358	300	600	2,100	2,000	800	200
Total Revenue	1,994,640	1,972,021	1,911,191	1,733,951	3,513,542	3,647,123	3,458,312	3,183,159	2,779,996	2,438,913	2,154,012	1,816,612	1,588,248	1,401,559	1,288,264	1,068,277	818,554	818,554	693,700	619,629	551,197	465,481	354,595	243,075	227,000	185,400	128,900	80,800	43,900	32,800

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31
Cost Of Revenue	395,276	399,723	385,121	392,955	398,037	374,707	360,600	371,644	360,627	354,881	341,217	341,224	309,007	332,344	370,691	677,985	679,977	657,259	636,978	647,330	686,442	655,876	652,813	662,485	649,808	615,973	592,290	600,181	565,689	553,473	511,617	518,857	487,238	474,040	447,681	443,026	427,894	416,364	394,682	393,457	377,343	366,324	351,338	348,701	309,947	309,636	293,907	289,246	263,277	263,405	251,545	258,984	237,246	225,864	222,824	226,497	213,193	211,329	204,554	206,649	194,969	170,944	161,225	161,074	539,485	9,395	123,023	139,845	129,231	128,928	123,023	7,802	7,569	7,015	6,844	6,250	7,048	5,895	5,960	5,351	5,027	4,778	4,718	4,065	4,351	3,997	3,954	3,489	60,947	10,160	8,819	6,857	7,275	7,002	6,677	5,721	5,700	5,800	5,100	4,500	4,400	3,600	3,400	2,700	2,900	2,500	2,400	0	2,100	1,700	1,300	1,200	0	-	-	-	-	-	-	-
Depreciation And Amortization	9,062	9,211	8,945	9,380	9,136	10,304	14,556	10,695	7,859	8,151	8,106	8,031	7,692	-8,043	10,119	18,673	19,410	19,608	19,809	20,033	29,891	28,709	26,518	26,163	26,414	25,116	25,735	25,614	25,254	24,185	20,241	19,584	18,149	16,918	15,549	13,612	13,903	11,356	10,361	10,370	10,491	10,461	9,870	9,144	8,091	7,925	7,687	7,113	7,266	6,213	6,032	5,781	5,843	6,321	5,006	4,780	4,610	3,956	4,187	3,963	4,020	3,296	2,939	2,955	3,047	2,577	2,404	2,473	2,410	2,308	2,404	2,348	2,400	2,339	2,529	2,647	2,354	2,299	2,337	2,363	2,357	2,495	1,903	1,650	1,688	1,520	1,462	1,465	6,414	6,344	5,103	3,578	3,561	3,478	3,435	3,336	3,300	3,200	2,900	2,700	2,500	2,400	2,100	1,700	1,400	1,300	1,000	800	700	500	400	200	200	100	-	-	-	-	-	-
Discontinued Operations	0	0	0	0	5,659	1,920	-3,565	-247	7,234	-1,052	4,478	12,290	-65,878	-38,392	-680,036	-2,602	-23,652	4,330	-43,761	-284,525	-284,525	-284,525	-284,525	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Ebit	39,520	20,458	48,988	30,041	56,017	47,387	50,155	39,108	71,353	63,575	53,245	31,477	45,764	70,270	51,198	45,370	111,366	111,701	109,972	83,235	105,851	110,928	129,936	105,958	125,409	126,192	122,593	106,834	143,584	157,687	148,574	125,027	151,737	151,914	141,702	115,642	141,992	138,868	129,822	104,097	123,917	123,291	113,371	91,552	103,023	107,795	99,736	79,388	91,509	95,037	93,123	75,720	85,886	81,374	82,100	63,551	79,184	78,343	74,779	56,623	67,827	61,709	61,879	50,614	59,787	61,021	53,082	38,523	50,798	56,548	53,560	37,808	29,121	44,546	43,877	29,321	39,655	41,450	40,291	34,080	38,507	38,126	32,345	27,568	30,700	31,270	27,884	22,222	19,218	19,647	12,469	7,005	8,477	8,314	754	7,049	9,500	9,500	13,400	12,100	13,900	13,100	12,000	9,400	9,900	8,300	6,800	5,800	5,400	5,200	4,300	3,400	3,000	3,100	-	-	-	-	-	-
Ebitda	48,582	29,669	57,933	39,421	65,153	57,691	64,711	49,803	79,212	71,726	61,351	39,508	53,456	62,227	61,317	64,043	130,776	131,309	129,781	103,268	135,742	139,637	156,454	132,121	151,823	151,308	148,328	132,448	168,838	181,872	168,815	144,611	169,886	168,832	157,251	129,254	155,895	150,224	140,183	114,467	134,408	133,752	123,241	100,696	111,114	115,720	107,423	86,501	98,775	101,250	99,155	81,501	91,729	87,695	87,106	68,331	83,794	82,299	78,966	60,586	71,847	65,005	64,818	53,569	62,834	63,598	55,486	40,996	53,208	58,856	55,964	40,156	31,521	46,885	46,406	31,968	42,009	43,749	42,628	36,443	40,864	40,621	34,248	29,218	32,388	32,790	29,346	23,687	25,632	25,991	17,572	10,583	12,038	11,792	4,189	10,385	12,800	12,700	16,300	14,800	16,400	15,500	14,100	11,100	11,300	9,600	7,800	6,600	6,100	5,700	4,700	3,600	3,200	3,200	9,000	9,000	-15,500	8,100	8,100	8,100
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Extraordinary Items	0	0	0	0	5,659	1,920	-3,565	-247	7,234	-1,052	4,478	12,290	-68,783	-38,392	-680,036	-2,602	-23,652	4,330	-43,761	-284,525	-1,448	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Gross Profit	101,167	106,889	115,456	98,053	115,807	115,208	125,433	110,585	137,903	138,068	131,742	105,529	107,623	128,291	138,512	167,933	225,398	231,416	231,331	203,853	246,254	240,776	263,105	239,372	261,012	252,978	250,654	235,416	265,081	274,533	260,142	233,767	254,502	248,233	228,907	196,369	222,631	210,142	200,862	172,881	190,044	188,406	177,842	154,014	161,385	163,498	155,623	133,370	141,621	144,260	141,857	123,299	131,234	125,194	126,270	106,430	120,095	119,947	115,261	97,236	102,846	96,241	96,479	84,499	-299,983	227,481	80,784	74,611	82,082	86,827	80,784	179,877	170,126	171,084	166,912	157,900	153,945	152,438	146,227	142,765	140,755	140,736	128,983	122,135	115,122	118,505	112,269	103,793	104,754	92,624	74,318	57,063	56,941	57,270	48,501	53,688	52,800	52,100	51,700	49,300	47,700	45,800	42,700	35,100	33,900	31,900	28,200	27,000	22,400	20,700	16,500	14,900	13,400	12,500	9,000	9,000	8,200	8,100	8,100	8,100
Income Before Tax	-138,850	30,832	38,947	20,712	27,824	38,859	43,033	-28,346	53,515	43,434	37,890	389	10,356	4,025	10,973	-13,824	40,807	-1,386,034	52,632	50,615	81,370	90,448	109,534	87,487	108,342	107,999	104,423	89,658	127,998	140,693	133,926	111,182	143,995	146,280	136,937	112,517	138,874	137,412	127,969	104,361	123,397	122,156	112,094	90,765	102,485	107,171	99,253	79,262	91,329	94,318	92,464	75,134	85,329	81,331	81,247	63,245	79,060	78,203	74,384	56,053	64,172	61,557	62,834	52,855	61,946	65,116	53,627	40,166	52,443	57,599	53,627	37,849	29,980	44,713	43,230	28,658	40,292	41,344	40,215	33,970	38,649	37,861	32,072	27,417	30,624	31,203	27,818	22,092	18,851	19,052	11,754	6,553	7,951	7,479	-113	6,142	8,800	8,800	13,000	12,100	13,700	12,700	11,800	10,200	10,500	9,200	8,000	7,200	6,600	6,100	5,000	4,300	3,900	3,300	-	-	-	-	-	-
Income Tax Expense	-14,563	-9,441	10,665	6,506	3,824	10,051	12,332	-7,401	13,239	11,594	7,363	-4,955	5,869	6,677	3,373	2,286	7,824	-125,788	17,116	8,962	21,156	24,873	30,122	24,059	-27,761	42,119	40,725	34,967	49,919	44,272	51,601	43,411	51,581	55,640	52,889	43,928	50,594	51,174	48,944	40,701	44,423	45,198	42,876	35,398	36,382	41,261	38,709	30,912	32,970	36,077	36,523	29,678	31,529	20,061	31,889	24,982	28,659	30,069	31,167	22,001	25,187	24,161	24,662	20,726	23,382	25,558	20,169	14,584	20,028	22,434	20,169	14,099	14,110	16,656	16,103	10,675	14,507	15,401	14,980	12,654	14,678	14,388	12,187	10,418	11,637	11,857	10,851	8,616	8,703	8,733	5,397	2,949	3,881	3,650	178	2,764	3,800	3,800	5,200	4,800	5,500	5,100	4,700	4,100	4,200	3,700	3,200	2,900	2,700	2,500	2,000	1,700	1,600	1,300	-1,200	-1,200	-1,300	-1,400	-1,400	-1,400
Interest Expense	10,081	10,374	11,230	10,390	9,952	9,516	8,409	11,818	16,603	17,595	16,879	17,645	27,302	27,250	28,265	27,608	27,677	29,901	31,080	30,723	25,448	21,782	21,604	19,935	19,844	18,428	18,535	17,752	16,356	17,215	15,058	14,463	8,493	6,201	5,149	3,267	3,313	2,019	2,188	1,371	1,046	1,507	1,673	1,189	1,219	624	848	554	684	1,056	988	911	884	481	1,118	710	506	570	824	1,011	1,747	1,126	335	385	259	147	411	221	90	122	411	409	2,262	367	846	840	441	298	300	256	230	417	435	290	299	288	287	283	430	795	788	525	818	951	1,015	987	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Interest Income	0	9,440	9,551	9,329	8,214	8,528	7,122	10,438	14,490	15,359	12,126	11,183	21,949	16,434	23,935	26,942	23,944	26,279	27,868	27,840	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Minority Interest	0	0	0	0	0	0	0	-4	22	7	218	224	232	245	245	245	245	0	0	0	0	0	0	0	0	0	0	0	-782	-88	-102	-128	-288	-141	-82	-118	-118	31	9	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Net Income	-124,287	40,273	28,282	14,206	29,659	30,728	27,136	-20,945	47,516	30,795	35,011	17,642	-64,296	-41,044	-672,436	-18,712	9,331	-1,255,916	-8,245	-242,872	60,214	65,575	79,412	63,428	136,103	65,880	63,698	54,691	78,079	96,509	82,427	67,899	92,702	90,781	84,130	68,707	88,398	86,207	79,016	63,660	78,974	76,958	69,218	55,367	66,103	65,910	60,544	48,350	58,359	58,241	55,941	45,456	53,800	61,270	49,358	38,263	50,401	48,134	43,217	34,052	38,985	37,396	39,330	55,806	41,267	39,558	33,458	25,582	32,415	35,165	33,458	23,750	15,870	28,057	27,127	17,983	25,785	25,943	25,235	21,316	23,971	23,473	19,885	16,999	18,987	19,346	16,967	13,476	10,148	10,319	6,357	3,604	4,070	3,829	-291	3,378	5,000	5,000	7,800	7,300	8,200	7,600	7,100	6,100	6,300	5,500	4,800	4,300	3,900	3,600	3,000	2,600	2,300	2,000	1,200	1,200	1,300	1,400	1,400	1,400
Net Income Applicable To Common Shares	0	21,391	28,282	14,206	29,659	30,728	27,136	-21,188	47,516	30,795	35,011	17,642	-64,296	-41,044	-672,436	-18,712	9,331	-1,255,916	-8,245	-242,872	60,214	65,575	79,412	63,428	136,103	65,880	63,698	54,691	78,079	96,509	82,427	67,899	92,702	90,781	84,130	68,707	88,398	86,207	79,016	63,660	78,974	76,958	69,218	55,367	66,103	65,910	60,544	48,350	58,359	58,241	55,941	45,456	53,800	61,270	49,358	38,263	50,401	48,134	43,217	34,052	38,985	37,396	38,172	32,129	40,524	38,799	35,703	24,993	32,415	35,165	33,458	23,427	15,500	27,693	26,787	17,529	25,785	25,943	25,235	21,316	23,971	23,473	19,885	16,999	18,987	19,346	16,967	13,476	10,148	10,319	6,357	3,604	4,070	3,829	-3,378	3,378	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Net Income From Continuing Ops	-124,287	21,391	28,282	14,206	24,000	28,808	30,701	-20,945	40,276	31,840	30,527	5,344	1,582	-2,652	7,600	-16,110	32,983	-1,260,246	35,516	41,653	60,214	65,575	79,412	63,428	136,103	65,880	63,698	54,691	78,079	96,421	82,325	67,771	92,414	90,640	84,048	68,589	88,280	86,238	79,025	63,660	78,974	76,958	69,218	55,367	66,103	65,910	60,544	48,350	58,359	58,241	55,941	45,456	0	61,270	49,358	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Net Interest Income	-10,081	-10,374	-11,230	-10,390	-9,952	-9,516	-8,409	-11,818	-16,603	-17,595	-16,879	-17,645	-27,302	-27,250	-28,265	-27,608	-27,677	-29,901	-31,080	-30,723	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Non Operating Income Net Other	0	0	0	1,665	-3,313	988	1,287	-55,636	16,645	2,236	4,753	-8,070	3,686	10,816	4,330	666	0	3,622	3,212	2,883	3,244	3,068	2,459	2,989	2,483	-5	1,054	1,373	1,576	1,017	1,199	1,412	1,528	1,351	1,129	963	1,100	1,288	485	1,635	526	372	396	402	681	422	365	428	504	337	329	325	0	438	265	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Non Recurring	0	0	0	0	19,576	977	5,338	1,421	3,058	4,232	9,932	4,878	-2,934	34,291	11,537	30,907	0	1,469,207	27,482	3,544	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Operating Income	-111,490	40,272	48,498	30,041	56,017	47,387	50,155	39,108	68,005	58,793	50,016	26,104	32,305	20,459	34,908	13,118	64,751	-1,359,755	80,500	78,455	103,574	109,162	128,679	104,433	125,703	126,432	121,904	106,037	142,778	156,891	147,785	124,233	150,960	151,130	140,957	114,821	141,087	138,143	129,672	104,097	123,917	123,291	113,371	91,552	103,023	107,373	99,736	79,388	91,509	95,037	93,123	75,720	85,886	81,374	82,100	63,551	79,184	78,343	74,779	56,623	65,382	62,196	62,524	51,927	60,996	63,142	53,560	38,523	50,798	56,548	53,560	37,808	29,655	44,813	43,877	29,321	40,194	41,546	40,403	34,080	38,693	38,202	32,426	27,568	30,700	31,270	27,883	22,222	19,218	19,747	12,469	7,005	8,623	8,372	828	7,049	9,600	9,600	13,400	12,200	14,000	13,100	12,000	9,800	10,300	8,700	7,400	6,500	5,900	5,700	4,700	3,900	3,400	3,200	9,000	9,000	-15,500	8,100	8,100	8,100
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Other Operating Expenses	457,402	466,340	452,079	460,967	458,230	441,551	430,540	441,700	427,467	429,924	420,291	415,771	371,370	405,885	462,758	801,893	796,313	779,223	760,327	769,184	829,122	787,490	787,239	797,424	785,117	742,519	721,040	729,560	687,992	671,115	623,974	628,391	590,780	571,143	535,631	524,574	509,438	488,363	465,872	462,241	443,470	431,439	415,809	411,163	368,309	365,761	349,794	343,228	313,389	312,628	300,279	306,563	282,594	269,684	266,994	269,376	254,104	252,933	245,036	247,262	232,433	204,989	195,180	193,646	178,506	173,734	150,247	175,933	160,515	159,207	150,247	149,871	148,040	133,286	129,879	134,829	120,799	116,787	111,784	114,036	107,089	107,312	101,275	98,632	88,773	91,232	88,340	85,060	85,536	83,037	70,668	56,915	55,593	55,900	54,350	52,360	48,900	48,300	43,400	41,600	38,100	36,300	34,100	28,000	26,500	25,700	23,200	20,500	18,600	16,700	13,100	12,200	10,000	9,300	-	-	23,700	-	-	-
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Reconciled Depreciation	9,062	9,211	8,945	8,953	9,136	8,956	8,775	8,769	7,859	8,151	8,106	8,031	7,692	-8,043	10,119	18,673	19,410	19,608	19,809	20,033	29,891	28,709	26,518	26,163	26,414	25,116	25,735	25,614	25,254	24,185	20,241	19,584	18,149	16,918	15,549	13,612	13,902	11,356	10,362	10,370	10,491	10,461	9,870	9,144	8,091	7,925	7,687	7,113	7,266	6,213	6,032	5,781	5,843	6,321	5,006	4,780	4,610	3,956	4,187	3,963	4,020	3,296	2,939	2,955	3,047	2,577	2,404	2,473	2,410	2,308	2,404	2,348	2,400	2,339	2,529	2,647	2,354	2,299	2,337	2,363	2,357	2,495	1,903	1,650	1,688	1,520	1,462	1,465	6,414	6,344	5,103	3,578	3,561	3,478	3,435	3,336	3,300	3,200	2,900	2,700	2,500	2,400	2,100	1,700	1,400	1,300	1,000	800	700	500	400	200	200	-	-	-	-	-	-	-
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	42,835	0	0	0	39,494	0	0	0	36,558	0	0	6,894	33,432	0	0	0	0	131,925	0	0	0	0	0	0	22,767	0	98,157	0	0	88,592	83,881	86,475	99,691	80,196	75,648	74,616	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Selling General Administrative	53,064	57,406	58,013	59,059	51,057	57,888	61,165	61,287	58,981	66,892	70,968	66,516	54,671	66,346	77,674	105,235	96,926	102,356	103,540	101,821	112,789	102,905	107,908	108,776	108,895	101,430	103,015	103,765	97,049	93,457	92,116	89,950	85,393	80,185	72,401	67,936	67,641	60,643	60,829	58,414	55,636	54,654	54,601	53,318	50,271	48,200	48,200	46,869	11	43,010	42,702	41,798	11	37,499	39,164	38,099	11	37,648	36,295	29,756	12	30,749	31,016	29,756	13	29,837	24,820	33,615	28,874	27,971	24,820	139,721	115,304	123,932	22,349	125,932	111,397	20,002	19,606	19,847	14	19,843	19,006	18,301	82,734	85,715	82,923	80,106	104,960	66,533	56,746	46,480	44,757	45,420	44,238	43,303	39,900	39,300	35,300	34,400	31,200	30,300	28,600	23,600	22,200	21,900	19,800	19,700	15,800	14,500	11,500	0	0	-	-	-	-	-	-	-
Tax Provision	-14,563	9,441	10,665	6,506	3,824	10,051	12,332	-7,401	13,239	11,594	7,363	-4,955	5,869	6,677	3,373	2,286	7,824	-125,788	17,116	8,962	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-
Total Operating Expenses	62,126	66,617	66,958	68,012	60,193	66,844	69,940	70,056	66,840	75,043	79,074	74,547	62,363	73,541	92,067	123,908	116,336	121,964	123,349	121,854	142,680	131,614	134,426	134,939	135,309	126,546	128,750	129,379	122,303	117,642	112,357	109,534	103,542	97,103	87,950	81,548	81,544	71,999	71,190	68,784	66,127	65,115	64,471	62,462	58,362	56,125	55,887	53,982	50,112	49,223	48,734	47,579	45,348	43,820	44,170	42,879	40,911	41,604	40,482	40,613	37,464	34,045	33,955	32,572	-360,979	164,339	27,224	36,088	31,284	30,279	27,224	142,069	140,471	126,271	123,035	128,579	113,751	110,892	105,824	108,685	102,062	102,534	96,557	94,567	84,422	87,235	84,386	81,571	111,372	72,877	61,849	50,058	48,318	48,898	47,673	46,639	43,200	42,500	38,300	37,100	33,700	32,700	30,700	25,300	23,600	23,200	20,800	20,500	16,500	15,000	11,800	11,000	6,500	9,300	-	-	-23,700	-	-	-
Total Other Income Expense Net	-167,810	-9,440	1,679	-9,329	-28,193	-8,528	-7,122	-67,454	-945	-1,996	2,101	-12,948	-7,602	-23,475	-7,207	-30,241	-40,578	-1,465,585	-24,270	-661	3,244	3,068	2,459	2,989	2,483	-5	1,054	1,373	1,576	1,017	1,199	1,412	1,528	1,351	1,129	963	1,100	1,288	485	1,635	526	372	396	402	681	-202	365	428	504	337	329	325	327	438	265	404	382	430	429	441	537	487	645	1,313	1,209	2,121	478	1,864	1,735	1,173	478	41	534	267	-647	-663	539	96	112	-110	186	76	81	-151	-76	-67	-65	-130	-367	100	-715	-452	146	58	74	-907	100	100	100	100	100	-400	-200	400	400	400	600	700	500	500	400	500	400	100	-	-	-	-	-	-
Total Revenue	496,443	506,612	500,577	491,008	513,844	489,915	486,033	482,229	498,530	492,949	472,959	446,753	416,630	460,635	509,203	845,918	905,375	888,675	868,309	851,183	932,696	896,652	915,918	901,857	910,820	868,951	842,944	835,597	830,770	828,006	771,759	752,624	741,740	722,273	676,588	639,395	650,525	626,506	595,544	566,338	567,387	554,730	529,180	502,715	471,332	473,134	449,530	422,616	404,898	407,665	393,402	382,283	368,480	351,058	349,094	332,927	333,288	331,276	319,815	303,885	297,815	267,185	257,704	245,573	239,502	236,876	203,807	214,456	211,313	215,755	203,807	187,679	177,695	178,099	173,756	164,150	160,993	158,333	152,187	148,116	145,782	145,514	133,701	126,200	119,473	122,502	116,223	107,282	104,754	102,784	83,137	63,920	64,216	64,272	55,178	59,409	58,500	57,900	56,800	53,800	52,100	49,400	46,100	37,800	36,800	34,400	30,600	27,000	24,500	22,400	17,800	16,100	13,400	12,500	9,000	9,000	8,200	8,100	8,100	8,100

Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue	1,994,640
Cost of Revenue	-1,573,075
Gross Profit	421,565	421,565

Operating Income (+$)
Gross Profit	421,565
Operating Expense	-263,713
Operating Income	7,321	157,852

Operating Expense (+$)
Research Development	0
Selling General Administrative	227,542
Selling And Marketing Expenses	0
Operating Expense	263,713	227,542

Net Interest Income (+$)
Interest Income	0
Interest Expense	-42,075
Other Finance Cost	-0
Net Interest Income	-42,075

Pretax Income (+$)
Operating Income	7,321
Net Interest Income	-42,075
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	-48,359	171,457 EBIT - interestExpense = 117,834 -48,359 -18,333
Interest Expense	42,075
Earnings Before Interest and Taxes (EBIT)	159,909	-6,284
Earnings Before Interest and Taxes (EBITDA)	196,080

After tax Income (+$)
Income Before Tax	-48,359
Tax Provision	-12,049
Net Income From Continuing Ops	-60,408	-60,408
Net Income	-60,408
Net Income Applicable To Common Shares	0

Non-recurring Events
Discontinued Operations	0
Extraordinary Items	0
Effect of Accounting Charges	0
Other Items	0
Non Recurring	0
Other Operating Expenses	1,836,788
Total Other Income/Expenses Net	-164,136	42,075

Technical Analysis of Mednax Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Mednax Inc. The general trend of Mednax Inc is BEARISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Mednax Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitions	Bullish trend (-57.1%)		Bearish trend (57.1%)
Overbought to neutral	Bullish pullback	=	Bearish reversal
Upper to lower neutral	Bullish correction	=	Bearish continuation
Nuetral to oversold	Oversold	=	Oversold
Oversold to neutral	Bullish reversal	=	Bearish correction
Lower to upper neutral	Bullish continuation	=	Bearish pullback
Nuetral to overbought	Overbought	=	Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.

Score

Let's take a look at the Support & Resistance of Mednax Inc.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 10.18 < 11.69 < 13.01.

The bearish price targets are: 9.11 > 9.09 > 8.55.

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Mednax Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Mednax Inc. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

MA 20 trending down: The MA 20 is trending down. -1
Close < MA 20: The price is below the MA 20. -1
MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
MA 50 trending down: The MA 50 is trending down. -1
Close < MA 50: The price is below the MA 50. -1
MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
MA 100 trending up: The MA 100 is trending up. +1
Close < MA 100: The price is below the MA 100. -1
MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
MA 200 trending down: The MA 200 is trending down. -1
Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving Average	Amount of candles	vs. MA 50	vs. MA 100	vs. MA 200
MA 20	20
MA 50	50	-
MA 100	100	-	-
MA 200	200	-	-	-

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Mednax Inc. The current macd is 0.02374923.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Mednax Inc price going down in the near term. -2
MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Mednax Inc. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Mednax Inc price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1

Mednax Inc Daily Moving Average Convergence/Divergence (MACD) Chart

2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.

Score

Let's take a look at the Directional Movement Index (DMI) of Mednax Inc. The current adx is 10.74.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Mednax Inc shares, leading to potential downward momentum in its price. -1
PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1

Mednax Inc Daily Directional Movement Index (DMI) Chart

2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Mednax Inc. The current sar is 9.89671325.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Mednax Inc. The current rsi is 44.74. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Trending down: The RSI is trending down. -1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

Mednax Inc Daily Relative Strength Index (RSI) Chart

3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Mednax Inc. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
STOCH < 20: The STOCH %K is below 20 and oversold. -2
STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Mednax Inc price going down in the near term. -2
Trending down: The STOCH %K is trending down. -1

Mednax Inc Daily Stochastic Oscillator Chart

3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

Lagging or leading Momentum indicator
When the CCI is above zero, the price is above the historical average
When the CCI is below zero, the price is below the historical average
Used for spotting trends
- If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
- If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Mednax Inc. The current cci is -121.4772161.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1

Mednax Inc Daily Commodity Channel Index (CCI) Chart

3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

Lagging momentum indicator
Ranges between +100 and -100
Considered overbought above +50
Considered oversold below -50
It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Mednax Inc. The current cmo is -20.8711773.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1

Mednax Inc Daily Chande Momentum Oscillator (CMO) Chart

3.5 Williams %R

Shows the current price relative to the highest high over the last 14 days.

Lagging momentum indicator
Ranging between 0 and -100
Above -20 is considered overbought
Below -80 is considered oversold
Is prone to give false signals

Score

Let's take a look at the Williams %R of Mednax Inc. The current willr is -92.66055046.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

Lagging volatility indicator
Uses 3 bands: one upper, one lower and one in the middle
Works best when the middle band reflects an intermediate trend (MA20).
When the price is moving closer to the upper band, the market might be overbought
When the price is moving closer to the lower band, the market might be oversold

Score

Let's take a look at the Bollinger Bands of Mednax Inc.

4.2 Average True Range (ATR)

Measures market volatility

Leading volatility indicator
Can be used to determine stop-loss positions
Calculated by:
- Current high minus the current low
- Current high minus the previous close
- Current low minus the previous close
The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Mednax Inc. The current atr is 0.31166423.

Mednax Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Measures market volatility

Leading momentum indicator
Calculation:
- If the closing price is above the previous closing price: OBV = previous OBV + current volume
- If the closing price is below the previous closing price: OBV = previous OBV - current volume
- If the closing price is the same as the previous closing price than the OBV is the same.
Can be used to confirm price trends
Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Mednax Inc. The current obv is 14,840,379.

Mednax Inc Daily On-Balance Volume (OBV) Chart

5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

Lagging momentum indicator
Looks like RSI but uses volume as an extra metric (RSI only considers price)
Above 80 is considered overbought
Below 20 is considered oversold
Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Mednax Inc. The current mfi is 39.48.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

MFI < 50: -1

Mednax Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Mednax Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

Date	Indicator	Signal
2023-11-21	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-11-24	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-11-27	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-11-28	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2023-11-29	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
2023-11-30	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2023-12-01	RSI	LONG ENTRY	SHORT CLOSE	30 crossover to upside
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-04	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2023-12-05	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2023-12-06	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-08	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-12	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2023-12-13	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-14	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2023-12-15	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-12-18	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2023-12-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-21	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-22	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2023-12-28	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-29	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-02	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-03	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-04	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-05	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-01-08	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-01-09	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-10	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-16	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-18	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-19	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-22	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-24	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-01-25	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-01-26	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
2024-01-29	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-30	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-31	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-01	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-02	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-05	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-06	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-07	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-02-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-13	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-15	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-16	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-20	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-21	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-28	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-29	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-05	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-03-06	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-08	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-11	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
2024-03-12	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-13	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-14	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-15	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-19	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-20	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-21	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-25	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-26	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-27	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-28	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-02	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2024-04-03	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-04-04	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-05	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-08	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-09	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-04-10	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-04-11	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-04-12	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-15	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside

6.3. Candlestick Patterns

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Mednax Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	44.740
Ma 20	Greater than	Ma 50	9.484
Ma 50	Greater than	Ma 100	9.197
Ma 100	Greater than	Ma 200	9.257
Open	Greater than	Close	9.260
Total			2/5 (40.0%)

Create your own Symbol Scanner

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Quick analysis of Mednax Inc (30 sec.)

What can you expect buying and holding a share of Mednax Inc? (30 sec.)

How much money do you get?

What is your share worth?

+ What do you gain per year?

For what price can you sell your share?

1. Valuation of Mednax Inc (5 min.)

$9.17

$10.10

$-0.23 - $77.50

$9.87 - $87.60

2. Growth of Mednax Inc (5 min.)

Is Mednax Inc growing?

How much money is Mednax Inc making?

How much money comes from the company's main activities?

3. Financial Health of Mednax Inc (5 min.)

4. Comparing to competitors in the Medical Care Facilities industry (5 min.)

Industry Rankings (Medical Care Facilities)

What can you expect buying and holding a share of Mednax Inc? (5 min.)

What can you expect buying and holding a share of Mednax Inc?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Mednax Inc

About Mednax Inc

Financial Health

Valuation

1.1. Profitability of Mednax Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Medical Care Facilities)

1.1.2. Return on Assets

Trends

Compared to industry (Medical Care Facilities)

1.1.3. Return on Equity

Trends

Compared to industry (Medical Care Facilities)

1.2. Operating Efficiency of Mednax Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

Compared to industry (Medical Care Facilities)

1.2.2. Operating Ratio

Trends

Compared to industry (Medical Care Facilities)

1.3. Liquidity of Mednax Inc.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Medical Care Facilities)

1.3.2. Quick Ratio

Trends

Compared to industry (Medical Care Facilities)

1.4. Solvency of Mednax Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Medical Care Facilities)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Medical Care Facilities)

2. Market Valuation of Mednax Inc

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Medical Care Facilities)

Mednax Inc
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