0 XP   0   0   0

Western Alliance Bancorporation
Buy or Sell?

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

Let's start. I'm going to help you getting a better view of Western Alliance Bancorporation. 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.

  1. Company's Financial Health
    A deep dive into the books. How are the numbers doing? Is Western Alliance Bancorporation even making a profit? Is the company skyrocketing? Or is it sinking like the Titanic. The trend is your friend.
  2. Market Valuation
    Finally, you now have an insight of how Western Alliance Bancorporation is doing in the market. If the company is worth buying. The latest step is to find out how other investors value Western Alliance Bancorporation. The closing price on 2022-09-23 was $68.61 per share. Is the company over- or underpriced?
  3. Key Performance Indicators
    A total overlook on how the company is doing. Based on the (trends in) the key performance indicators.
Daily chart of Western Alliance Bancorporation
Western Alliance Bancorporation Daily Candlestick Chart

1.1. Profitability of Western Alliance Bancorporation.

1.1. Profitability

An important factor of a company's health is the profitability.

1.1.1. Net Profit Margin
  • Measures how much profit a company generates for each dollar of revenue.
  • Above 10% is considered healthy depending on the industry.
  • A net profit margin of 25% 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 Western Alliance Bancorporation:

  • The MRQ is 44.3%. Very good. +2
  • The TTM is 46.4%. Very good. +2
Trends
Current periodCompared to+/- 
MRQ44.3%TTM46.4%-2.1%
TTM46.4%YOY53.3%-6.9%
TTM46.4%5Y45.9%+0.6%
5Y45.9%10Y40.7%+5.2%
Compared to industry (Banks-Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ44.3%28.9%+15.4%
TTM46.4%27.6%+18.8%
YOY53.3%26.9%+26.4%
5Y45.9%23.2%+22.7%
10Y40.7%21.2%+19.5%
1.1.2. Return on Assets
  • Shows how profitable a company is in relation to its total assets.
  • Above 5% is considered healthy depending on the industry.
  • 5% return on assets means the company generated $0,05 for each $1 in assets.

Let's take a look of the Return on Assets trends of Western Alliance Bancorporation:

  • The MRQ is 911.3%. Very good. +2
  • The TTM is 438.1%. Very good. +2
Trends
Current periodCompared to+/- 
MRQ911.3%TTM438.1%+473.3%
TTM438.1%YOY0.5%+437.6%
TTM438.1%5Y88.0%+350.1%
5Y88.0%10Y44.2%+43.8%
Compared to industry (Banks-Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ911.3%0.3%+911.0%
TTM438.1%0.3%+437.8%
YOY0.5%0.3%+0.2%
5Y88.0%0.3%+87.7%
10Y44.2%0.2%+44.0%
1.1.3. Return On Equity
  • Measures the profit in relation to shareholders equity (total assets - total liabilities).
  • Above 15%-20% is considered healthy depending on the industry
  • 10% return on equity means the company generated $0,1 for each $1 the owners (shareholders) invested.

Let's take a look of the Return On Equity trends of Western Alliance Bancorporation:

  • The MRQ is 5.2%. Neutral. Compare to industry.
  • The TTM is 5.0%. Neutral. Compare to industry.
Trends
Current periodCompared to+/- 
MRQ5.2%TTM5.0%+0.2%
TTM5.0%YOY5.2%-0.1%
TTM5.0%5Y4.5%+0.6%
5Y4.5%10Y4.0%+0.5%
Compared to industry (Banks-Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ5.2%2.8%+2.4%
TTM5.0%2.6%+2.4%
YOY5.2%2.5%+2.7%
5Y4.5%2.4%+2.1%
10Y4.0%2.4%+1.6%

1.2. Operating Efficiency of Western Alliance Bancorporation.

1.2. Operating Efficiency
1.2.1. Operating Margin
  • Measures how much profit a company makes for each $1 of sales after paying variable costs (production costs, wages) but before taxes.
  • Above 15% is considered healthy depending on the industry
  • An operating margin of 20% means the company generated $0,2 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Western Alliance Bancorporation:

  • The MRQ is 64.7%. Very good. +2
  • The TTM is 65.7%. Very good. +2
Trends
Current periodCompared to+/- 
MRQ64.7%TTM65.7%-1.0%
TTM65.7%YOY71.4%-5.7%
TTM65.7%5Y59.2%+6.4%
5Y59.2%10Y53.2%+6.0%
Compared to industry (Banks-Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ64.7%44.5%+20.2%
TTM65.7%44.3%+21.4%
YOY71.4%46.5%+24.9%
5Y59.2%36.0%+23.2%
10Y53.2%30.8%+22.4%
1.2.2. Operating Ratio
  • Measures how efficient the company is creating its products or services while keeping operating costs low.
  • Below 1 is considered healthy depending on the industry
  • An operation ratio of 0.5 means that the operating costs are $0,5 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Western Alliance Bancorporation:

  • The MRQ is 0.027. Very good. +2
  • The TTM is 0.041. Very good. +2
Trends
Current periodCompared to+/- 
MRQ0.027TTM0.041-0.013
TTM0.041YOY-0.452+0.493
TTM0.0415Y0.338-0.298
5Y0.33810Y0.525-0.187
Compared to industry (Banks-Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0270.066-0.039
TTM0.0410.195-0.154
YOY-0.4520.317-0.769
5Y0.3380.386-0.048
10Y0.5250.391+0.134

1.3. Liquidity of Western Alliance Bancorporation.

1.3. Liquidity
1.3.1. Current Ratio
  • Measures if the company is able to pay off short-term debts (debts due within 1 year).
  • Above 1 is considered healthy depending on the industry.
  • A current ratio of 1.5 means the company has $1.5 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Western Alliance Bancorporation:

  • The MRQ is 0.004. Very bad. Indication that company has liquidity problems. -2
  • The TTM is 25.562. Very Good. +2
Trends
Current periodCompared to+/- 
MRQ0.004TTM25.562-25.558
TTM25.562YOY20.950+4.612
TTM25.5625Y9.360+16.202
5Y9.36010Y4.780+4.581
Compared to industry (Banks-Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0040.248-0.244
TTM25.5620.328+25.234
YOY20.9500.345+20.605
5Y9.3600.300+9.060
10Y4.7800.255+4.525
1.3.2. Quick Ratio
  • Measures if the company is able to pay short-term debts (debts due within 1 year). But only uses the most liquid assets (cash, marketable securities and accounts retrievable).
  • Above 1 is considered healthy depending on the industry.
  • A quick ratio of 0,8 means the company can pay off $0,8 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Western Alliance Bancorporation:

  • The MRQ is 369.805. Very good. +2
  • The TTM is 111.113. Very good. +2
Trends
Current periodCompared to+/- 
MRQ369.805TTM111.113+258.692
TTM111.113YOY24.869+86.243
TTM111.1135Y27.413+83.700
5Y27.41310Y13.875+13.538
Compared to industry (Banks-Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ369.8050.232+369.573
TTM111.1130.152+110.961
YOY24.8690.160+24.709
5Y27.4130.117+27.296
10Y13.8750.090+13.785

1.4. Solvency of Western Alliance Bancorporation.

1.3. Liquidity
1.4.1. Debt To Asset Ratio
  • Shows if the company is owned by creditors or shareholders.
  • Below 1 (100%) is considered healthy depending on the industry
  • A debt to asset ratio of 0.45 (45%) means that the company is financed with 45% credit and 55% is financed by it's owners (shareholders).

Let's take a look of the Debt To Asset Ratio trends of Western Alliance Bancorporation:

  • The MRQ is 0.014. Very good. +2
  • The TTM is 0.464. Very good. +2
Trends
Current periodCompared to+/- 
MRQ0.014TTM0.464-0.449
TTM0.464YOY0.910-0.447
TTM0.4645Y0.809-0.345
5Y0.80910Y0.854-0.045
Compared to industry (Banks-Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0140.910-0.896
TTM0.4640.905-0.441
YOY0.9100.911-0.001
5Y0.8090.908-0.099
10Y0.8540.908-0.054
1.4.2. Debt to Equity Ratio
  • Measures the total debt versus the total shareholders equity (total assets - total liabilities).
  • Below 2 is considered healthy depending on the industry.
  • A debt to equity ratio of 0.84 means that company has $0,84 debt for each $1 in equity.

Let's take a look of the Debt to Equity Ratio trends of Western Alliance Bancorporation:

  • The MRQ is 0.000. Very good. +2
  • The TTM is 5.243. Bad. To much debt compared to equity. -1
Trends
Current periodCompared to+/- 
MRQ0.000TTM5.243-5.243
TTM5.243YOY10.218-4.975
TTM5.2435Y7.976-2.732
5Y7.97610Y8.444-0.468
Compared to industry (Banks-Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.00010.101-10.101
TTM5.2439.691-4.448
YOY10.2189.142+1.076
5Y7.9769.106-1.130
10Y8.4449.057-0.613

2. Market Valuation of Western Alliance Bancorporation

2. Earnings
2.1. Price to Earnings Ratio
  • Compares the company's stock price to its earnings.
  • Above 15 is considered overpriced but is hard to determine (always use industry average).
  • A PE ratio of 15 means the investor is paying $15 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Western Alliance Bancorporation:

  • The EOD is 7.414. Very good. +2
  • The MRQ is 7.629. Good. +1
  • The TTM is 10.595. Good. +1
Trends
Current periodCompared to+/- 
EOD7.414MRQ7.629-0.215
MRQ7.629TTM10.595-2.966
TTM10.595YOY11.800-1.205
TTM10.5955Y12.002-1.407
5Y12.00210Y14.201-2.199
Compared to industry (Banks-Regional)
PeriodCompanyIndustry (mean)+/- 
EOD7.4149.480-2.066
MRQ7.6299.440-1.811
TTM10.5959.872+0.723
YOY11.8009.949+1.851
5Y12.00211.533+0.469
10Y14.20111.585+2.616
2.2. Price/Earnings-to-Growth Ratio

Let's take a look of the Price/Earnings-to-Growth Ratio trends of Western Alliance Bancorporation:

  • The MRQ is 0.294. Very good. +2
  • The TTM is 0.202. Very good. +2
Trends
Current periodCompared to+/- 
MRQ0.294TTM0.202+0.092
TTM0.202YOY0.617-0.416
TTM0.2025Y0.439-0.238
5Y0.43910Y0.497-0.058
Compared to industry (Banks-Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2940.064+0.230
TTM0.2020.102+0.100
YOY0.6170.006+0.611
5Y0.4390.071+0.368
10Y0.4970.094+0.403

2. Books
2.3. Price to Book Ratio
  • Shows if the stock is under or overvalued compared to it's book value (total assets - total liabilities).
  • At or below 1 is considered healthy
  • A PB ratio of 3 means the investor is paying $3 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Western Alliance Bancorporation:

  • The EOD is 265.802. Seems overpriced? -1
  • The MRQ is 273.512. Seems overpriced? -1
  • The TTM is 147.401. Seems overpriced? -1
Trends
Current periodCompared to+/- 
EOD265.802MRQ273.512-7.709
MRQ273.512TTM147.401+126.111
TTM147.401YOY1.926+145.475
TTM147.4015Y31.037+116.364
5Y31.03710Y16.563+14.474
Compared to industry (Banks-Regional)
PeriodCompanyIndustry (mean)+/- 
EOD265.8020.983+264.819
MRQ273.5120.980+272.532
TTM147.4011.029+146.372
YOY1.9260.788+1.138
5Y31.0370.943+30.094
10Y16.5630.842+15.721

2.4. Latest News of Western Alliance Bancorporation

Does Western Alliance Bancorporation still have the same value as the quarterly reports suggest? Recent changes may be an indication that the value of the company is changing. Read the news from Western Alliance Bancorporation to keep up to date. Note: the news is often already included in the price.

DateTitleRead
2022-08-28
14:01
In the wake of Western Alliance Bancorporation's (NYSE:WAL) latest US$403m market cap drop, institutional owners may be forced to take severe actionsRead

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Western Alliance Bancorporation.

3.1. Institutions holding Western Alliance Bancorporation

Institutions are holding 86.953% of the shares of Western Alliance Bancorporation.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2022-03-31T. Rowe Price Associates, Inc.12.62710.114213672601-391078-2.7808
2022-03-31Vanguard Group Inc8.64530.018393610983475253.8556
2022-03-31Capital Research & Mgmt Co - Division 35.33280.109577433518480.032
2022-03-31Wellington Management Company LLP4.59120.0705497131488043021.5218
2022-03-31State Street Corporation2.63870.011728571441276834.678
2022-03-31William Blair Investment Management, LLC2.56240.6866277461730519712.3591
2022-03-31ClearBridge Advisors, LLC2.49380.168127003131333455.1946
2022-03-31Thrivent Financial For Lutherans2.36340.4146255904454811727.2569
2022-03-31Macquarie Group Ltd2.31460.15792506265465261.8915
2022-03-31JPMorgan Chase & Co1.90050.0205205784941850525.5288
2022-03-31DAVIS CAPITAL PARTNERS, LLC1.89328.302205000031396518.0852
2022-03-31Geode Capital Management, LLC1.32180.01481431287999867.5104
2022-03-31Dimensional Fund Advisors, Inc.0.98980.0274107177644680.4186
2022-03-31GW&K Investment Management, LLC0.90070.7199975293298703.1594
2022-03-31Hood River Capital Management LLC0.87932.6197952076-20699-2.1278
2022-03-31FMR Inc0.87430.0063946737-337420-26.2756
2022-03-31Charles Schwab Investment Management Inc0.86060.0232931868497025.6341
2022-03-31Epoch Investment Partners Inc0.81850.35958862268382510.4468
2022-03-31Lord, Abbett & Co LLC0.73560.1759796560-1713220-68.2618
2022-03-31Westwood Holdings Group Inc0.72940.6039789774-11957-1.4914
Total 55.47314.62460066177  

3.2. Funds holding Western Alliance Bancorporation

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2022-06-30American Funds Growth Fund of Amer A3.3080.12553581881122506751.9798
2022-06-30Capital Group Growth Fnd of Amer Comp3.3080.12553581881122506751.9798
2022-06-30Vanguard Total Stock Mkt Idx Inv2.80420.01923036373575521.932
2022-06-30Vanguard Small Cap Index2.40110.16572599964555672.1839
2022-06-30T. Rowe Price Small-Cap Value1.72541.23051868247402702.203
2022-03-31Delaware Sm-Cap Val Eq1.43781.9182155680000
2022-06-30Delaware Small Cap Value A1.43781.9199155680000
2022-06-30Delaware US Small Cap Value Eq SMA1.43781.9244155680000
2022-06-30Vanguard Explorer Inv1.41590.592915331881010357.0548
2022-06-30Vanguard Extended Market Index Investor1.34380.12981455111364942.5725
2022-06-30T. Rowe Price Global Stock1.29611.97651403410221531.6038
2022-06-30T. Rowe Price Glb Focused Growth Equity1.29611.97651403410221531.6038
2022-06-30ClearBridge Small Cap Growth A1.12512.0759121829700
2022-06-30ClearBridge Small Cap Growth1.12512.0764121829700
2022-06-30American Funds IS® Asset Allocation 11.09240.3345118284900
2022-06-30American Funds SMALLCAP World A1.0160.1336110012800
2022-06-30American Funds IS® Growth 10.98980.2427107177513927414.9355
2022-06-30Capital Group Growth Composite0.98980.2427107177513927414.9355
2022-06-30T. Rowe Price Small-Cap Stock0.92520.82891001763-4400-0.4373
2022-05-31Thrivent Mid Cap Stock A0.88642.249695981100
Total 31.361820.288933958560  

3.3. Insider Transactions

Insiders are holding 2.561% of the shares of Western Alliance Bancorporation.

DateOwnerTypeAmountPricePost Transaction AmountLink
2022-06-10Dale GibbonsBUY200077.22258365
2022-05-12J. Kelly Jr. ArdreyBUY200073.578090
2022-05-06Bryan K SegediBUY15077.56150
2022-04-28J. Kelly Jr. ArdreyBUY300078.676090
2022-02-24Randall S TheisenSELL657490
2022-02-09Randall S TheisenSELL2963101.96
2022-01-31Kenneth VecchioneBUY500097.81
2021-10-28Donald D SnyderSELL4150114.98
2021-10-25Timothy W BootheSELL3500118.5
2021-09-15Steven J HiltonBUY40000253074
2021-09-15Robert Gary SarverBUY2000002548044
2021-08-09Robert P LattaSELL235099.763074
2021-06-04Bryan K SegediBUY1000100.658327
2021-05-05Steven J. HiltonSELL10000108.19
2021-03-05Robert P LattaSELL247495.533074
2020-12-10Donald D. SnyderSELL625056.29
2020-11-24Todd MarshallSELL8000055.1621246
2020-11-13Timothy W BootheSELL250051.8152194
2020-03-11James E D V M NaveBUY1000032.99249776
2020-03-09Dale GibbonsBUY200032.75218788

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Western Alliance Bancorporation compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Per Share--0.25822.865-99%35.463-99%27.002-99%20.169-99%
Current Ratio--0.00425.562-100%20.950-100%9.360-100%4.780-100%
Debt To Asset Ratio--0.0140.464-97%0.910-98%0.809-98%0.854-98%
Debt To Equity Ratio--0.0005.243-100%10.218-100%7.976-100%8.444-100%
Eps--2.3862.313+3%1.837+30%1.449+65%0.962+148%
Gross Profit Margin--0.9790.979+0%0.994-1%0.989-1%0.9840%
Net Profit Margin--0.4430.464-5%0.533-17%0.459-3%0.407+9%
Operating Margin--0.6470.657-1%0.714-9%0.592+9%0.532+22%
Operating Ratio--0.0270.041-33%-0.452+1759%0.338-92%0.525-95%
Pb Ratio265.802-3%273.512147.401+86%1.926+14102%31.037+781%16.563+1551%
Pe Ratio7.414-3%7.62910.595-28%11.800-35%12.002-36%14.201-46%
Peg Ratio--0.2940.202+46%0.617-52%0.439-33%0.497-41%
Price Per Share68.610-3%70.60092.473-24%69.715+1%61.344+15%45.018+57%
Quick Ratio--369.805111.113+233%24.869+1387%27.413+1249%13.875+2565%
Return On Assets--9.1134.381+108%0.005+198244%0.880+936%0.442+1963%
Return On Equity--0.0520.050+3%0.052+1%0.045+16%0.040+29%
 EOD+3 -0MRQTTM+10 -6YOY+8 -85Y+10 -610Y+11 -5

4.2. Fundamental Score

Let's check the fundamental score of Western Alliance Bancorporation based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-157.414
Price to Book Ratio (EOD)Between0-1265.802
Net Profit Margin (MRQ)Greater than00.443
Operating Margin (MRQ)Greater than00.647
Quick Ratio (MRQ)Greater than1369.805
Current Ratio (MRQ)Greater than10.004
Debt To Asset Ratio (MRQ)Less than10.014
Debt to Equity Ratio (MRQ)Less than10.000
Return On Equity (MRQ)Greater than0.150.052
Return on Assets (MRQ)Greater than0.059.113
Total7/10 (70.0%)

4.3. Technical Score

Let's check the technical score of Western Alliance Bancorporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5031.914
Ma 20Greater thanMa 5074.776
Ma 50Greater thanMa 10077.285
Ma 100Greater thanMa 20076.347
OpenGreater thanClose68.410
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2022-06-30. Currency in USD. All numbers in thousands.

Summary
Total Assets28,200
Total Liabilities400
Total Stockholder Equity4,959,000
 As reported
Total Liabilities 400
Total Stockholder Equity+ 4,959,000
Total Assets = 28,200

Assets

Total Assets28,200
Total Current Assets600
Long-term Assets600
Total Current Assets
Cash And Cash Equivalents 600
Short-term Investments 7,268,000
Net Receivables 48,572,000
Inventory 12,000
Total Current Assets  (as reported)600
Total Current Assets  (calculated)55,852,600
+/- 55,852,000
Long-term Assets
Property Plant Equipment 346,000
Goodwill 40,000
Long Term Investments 8,802,000
Intangible Assets 27,500
Long-term Assets Other -273,200
Long-term Assets  (as reported)8,532,000
Long-term Assets  (calculated)8,942,300
+/- 410,300

Liabilities & Shareholders' Equity

Total Current Liabilities151,000
Long-term Liabilities5,289,000
Total Stockholder Equity4,959,000
Total Current Liabilities
Short-term Debt 151,000
Short Long Term Debt 119,000
Accounts payable 53,712,000
Other Current Liabilities 53,712,000
Total Current Liabilities  (as reported)151,000
Total Current Liabilities  (calculated)107,694,000
+/- 107,543,000
Long-term Liabilities
Long term Debt Total 5,210,000
Long-term Liabilities Other 79,000
Long-term Liabilities  (as reported)5,289,000
Long-term Liabilities  (calculated)5,289,000
+/-0
Total Stockholder Equity
Common Stock2,095,000
Retained Earnings Total Equity3,191,000
Accumulated Other Comprehensive Income -518,000
Treasury Stock-104,000
Other Stockholders Equity 191,000
Total Stockholder Equity (as reported)4,959,000
Total Stockholder Equity (calculated)4,855,000
+/- 104,000
Other
Capital Stock2,285,000
Cash and Short Term Investments 600
Common Stock Shares Outstanding 107,700
Common Stock Total Equity2,095,000
Liabilities and Stockholders Equity 4,959,400
Net Debt 150,400
Net Invested Capital 11,060,000
Net Tangible Assets 3,969,000
Preferred Stock Total Equity 295,000
Short Long Term Debt Total 151,000



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312003-12-31
> Total Assets 
1,576,773
2,176,849
2,338,856
2,621,344
2,745,014
2,857,271
3,580,145
3,889,621
4,002,793
4,169,604
4,727,644
4,746,826
5,003,432
5,016,096
5,197,303
5,219,333
5,228,970
5,242,761
5,267,286
5,701,536
5,831,317
5,753,279
6,096,238
5,959,479
6,179,146
6,193,883
6,404,836
6,508,089
6,545,890
6,844,541
6,925,292
7,163,572
7,403,603
7,622,637
8,174,104
8,593,684
8,921,429
9,307,095
9,746,624
10,023,587
10,288,824
10,600,498
11,251,943
13,470,104
13,955,570
14,275,089
15,248,039
16,728,767
17,042,602
17,200,842
18,122,506
18,844,745
19,922,221
20,329,085
20,760,731
21,367,452
22,176,147
23,109,486
23,792,846
25,314,785
26,324,245
26,821,948
29,158,227
31,906,396
33,335,506
36,461,000
43,397,000
49,069,000
52,775,100
55,982,600
28,200
28,200
28,20028,20055,982,60052,775,10049,069,00043,397,00036,461,00033,335,50631,906,39629,158,22726,821,94826,324,24525,314,78523,792,84623,109,48622,176,14721,367,45220,760,73120,329,08519,922,22118,844,74518,122,50617,200,84217,042,60216,728,76715,248,03914,275,08913,955,57013,470,10411,251,94310,600,49810,288,82410,023,5879,746,6249,307,0958,921,4298,593,6848,174,1047,622,6377,403,6037,163,5726,925,2926,844,5416,545,8906,508,0896,404,8366,193,8836,179,1465,959,4796,096,2385,753,2795,831,3175,701,5365,267,2865,242,7615,228,9705,219,3335,197,3035,016,0965,003,4324,746,8264,727,6444,169,6044,002,7933,889,6213,580,1452,857,2712,745,0142,621,3442,338,8562,176,8491,576,773
   > Total Current Assets 
0
0
0
0
2,739,794
2,793,677
3,488,134
3,744,303
3,856,070
3,921,515
4,490,235
4,509,426
4,760,312
4,630,495
4,955,937
4,978,598
5,068,422
5,001,851
5,233,320
5,648,426
5,779,728
5,584,275
6,054,024
5,918,172
6,138,966
6,040,220
6,366,435
6,470,578
6,509,268
6,703,263
6,890,449
1,286,049
1,352,054
1,144,215
1,562,460
1,368,790
1,582,919
1,676,210
1,832,358
1,956,554
1,828,459
1,684,633
1,891,830
2,236,570
2,258,390
2,207,163
3,043,797
2,861,782
3,015,265
2,893,913
3,347,051
3,691,333
4,203,198
3,916,287
3,844,864
3,705,833
872,905
615,033
903,616
1,182,381
998,606
573,345
546,895
189,888
163,893
7,380,200
34,574,100
39,225,200
43,181,500
46,794,000
600
600
60060046,794,00043,181,50039,225,20034,574,1007,380,200163,893189,888546,895573,345998,6061,182,381903,616615,033872,9053,705,8333,844,8643,916,2874,203,1983,691,3333,347,0512,893,9133,015,2652,861,7823,043,7972,207,1632,258,3902,236,5701,891,8301,684,6331,828,4591,956,5541,832,3581,676,2101,582,9191,368,7901,562,4601,144,2151,352,0541,286,0496,890,4496,703,2636,509,2686,470,5786,366,4356,040,2206,138,9665,918,1726,054,0245,584,2755,779,7285,648,4265,233,3205,001,8515,068,4224,978,5984,955,9374,630,4954,760,3124,509,4264,490,2353,921,5153,856,0703,744,3033,488,1342,793,6772,739,7940000
       Cash And Cash Equivalents 
61,893
92,282
87,034
93,174
90,618
111,150
141,729
137,495
103,281
143,721
129,655
122,886
128,899
104,650
132,894
170,341
137,754
136,791
224,315
548,572
752,867
393,357
827,608
560,592
615,955
215,828
363,338
534,560
305,968
154,995
179,753
178,920
168,131
204,625
422,265
243,362
380,931
305,514
354,840
379,282
258,770
164,396
492,402
700,186
325,410
224,640
1,030,977
696,243
356,083
284,491
647,034
606,675
650,354
416,768
439,371
506,818
630,564
498,572
495,611
977,707
872,059
434,596
415,710
1,518,463
1,418,735
2,671,700
5,346,500
3,395,800
917,900
516,400
600
600
600600516,400917,9003,395,8005,346,5002,671,7001,418,7351,518,463415,710434,596872,059977,707495,611498,572630,564506,818439,371416,768650,354606,675647,034284,491356,083696,2431,030,977224,640325,410700,186492,402164,396258,770379,282354,840305,514380,931243,362422,265204,625168,131178,920179,753154,995305,968534,560363,338215,828615,955560,592827,608393,357752,867548,572224,315136,791137,754170,341132,894104,650128,899122,886129,655143,721103,281137,495141,729111,15090,61893,17487,03492,28261,893
       Short-term Investments 
4,015
23,115
0
0
0
63,186
0
0
0
121,159
0
0
0
10,979
0
0
0
3,163
0
0
0
279,989
0
0
0
128,762
0
23,745
1,110,162
38,129
0
0
0
939,590
1,006,185
985,837
1,073,886
1,370,696
1,366,433
1,577,272
1,569,689
1,520,237
1,399,428
1,478,234
1,932,980
1,982,523
2,012,820
2,165,539
2,659,182
2,609,380
2,700,011
3,084,658
3,552,844
3,499,519
3,405,462
3,199,015
3,107,076
3,276,988
3,244,247
3,253,094
3,512,828
3,346,310
3,676,651
3,516,922
3,975,225
4,708,500
6,939,900
6,615,200
6,383,600
6,188,800
6,852,200
7,268,000
7,268,0006,852,2006,188,8006,383,6006,615,2006,939,9004,708,5003,975,2253,516,9223,676,6513,346,3103,512,8283,253,0943,244,2473,276,9883,107,0763,199,0153,405,4623,499,5193,552,8443,084,6582,700,0112,609,3802,659,1822,165,5392,012,8201,982,5231,932,9801,478,2341,399,4281,520,2371,569,6891,577,2721,366,4331,370,6961,073,886985,8371,006,185939,59000038,1291,110,16223,7450128,762000279,9890003,16300010,979000121,15900063,18600023,1154,015
       Net Receivables 
0
0
8,053
85,509
9,189
10,545
12,843
14,773
15,783
17,425
19,107
19,577
21,587
22,344
20,636
18,341
54,958
68,086
63,414
24,244
21,326
509
509
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,300
1,400
1,400
1,300
1,400
1,400
1,500
1,500
1,600
1,700
1,500
25,682,694
1,600
1,700
95,900
92,000
0
0
48,572,000
48,572,0000092,00095,9001,7001,60025,682,6941,5001,7001,6001,5001,5001,4001,4001,3001,4001,4001,30000000000000000000000000000000050950921,32624,24463,41468,08654,95818,34120,63622,34421,58719,57719,10717,42515,78314,77312,84310,5459,18985,5098,05300
       Other Current 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
11,600
0
0
0
61,709
0
0
0
62,609
0
16,736
16,347
105,500
0
0
0
145,900
0
0
21,803
185,903
127,650
146,212
-5,230,067
166,100
22,287,700
29,214,200
35,880,000
46,277,600
4,997,200
3,010,000
3,010,0004,997,20046,277,60035,880,00029,214,20022,287,700166,100-5,230,067146,212127,650185,90321,80300145,900000105,50016,34716,736062,60900061,70900011,60000000000000000000000000000000000000000000
   > Long-term Assets 
0
0
0
0
5,220
63,594
92,011
145,318
146,723
248,089
237,409
237,400
243,120
385,601
241,366
240,735
160,548
240,910
33,966
53,110
51,589
169,004
42,214
41,307
40,180
153,663
38,401
37,511
36,622
141,278
34,843
5,877,523
6,051,549
6,478,422
6,611,644
7,224,894
7,338,510
7,630,885
7,914,266
8,067,033
8,460,365
8,915,865
9,360,113
11,233,534
11,697,180
12,067,926
12,204,242
13,866,985
14,027,337
14,306,929
14,775,455
15,153,412
15,719,023
16,412,798
16,915,867
17,661,619
21,303,242
22,494,453
22,889,230
24,132,404
25,325,639
26,248,603
28,611,332
296,860
298,987
31,300
8,822,900
9,843,800
9,593,600
9,728,200
7,759,800
8,532,000
8,532,0007,759,8009,728,2009,593,6009,843,8008,822,90031,300298,987296,86028,611,33226,248,60325,325,63924,132,40422,889,23022,494,45321,303,24217,661,61916,915,86716,412,79815,719,02315,153,41214,775,45514,306,92914,027,33713,866,98512,204,24212,067,92611,697,18011,233,5349,360,1138,915,8658,460,3658,067,0337,914,2667,630,8857,338,5107,224,8946,611,6446,478,4226,051,5495,877,52334,843141,27836,62237,51138,401153,66340,18041,30742,214169,00451,58953,11033,966240,910160,548240,735241,366385,601243,120237,400237,409248,089146,723145,31892,01163,5945,2200000
       Property Plant Equipment 
18,038
29,364
29,218
35,822
36,859
58,430
71,862
82,718
93,763
99,859
125,570
130,255
138,415
143,421
143,923
143,472
142,883
140,910
138,079
136,653
128,647
125,883
121,198
118,743
116,547
114,372
112,028
109,243
106,227
105,546
105,055
106,895
106,902
107,910
107,105
106,097
105,925
120,174
106,579
109,603
112,057
113,818
114,261
116,044
121,739
118,535
119,759
120,518
121,274
119,833
120,038
120,467
120,063
118,719
116,702
115,378
119,211
119,474
119,827
123,084
199,611
125,838
125,889
127,818
199,649
206,600
215,400
245,100
267,200
314,900
141,800
346,000
346,000141,800314,900267,200245,100215,400206,600199,649127,818125,889125,838199,611123,084119,827119,474119,211115,378116,702118,719120,063120,467120,038119,833121,274120,518119,759118,535121,739116,044114,261113,818112,057109,603106,579120,174105,925106,097107,105107,910106,902106,895105,055105,546106,227109,243112,028114,372116,547118,743121,198125,883128,647136,653138,079140,910142,883143,472143,923143,421138,415130,255125,57099,85993,76382,71871,86258,43036,85935,82229,21829,36418,038
       Goodwill 
0
3,946
3,946
3,946
3,946
3,946
76,187
130,633
132,381
132,188
203,340
204,187
219,212
217,810
217,810
217,810
138,568
78,966
33,966
33,966
33,390
25,925
0
0
0
25,925
0
25,925
25,925
25,925
25,925
25,925
23,224
23,224
23,224
23,224
23,224
23,224
23,224
23,224
23,224
23,224
23,224
282,851
289,347
289,638
288,943
289,967
289,967
289,967
289,895
289,895
289,895
289,895
289,895
289,895
289,895
289,895
289,895
289,895
289,895
289,895
289,895
296,860
298,987
289,900
298,000
610,700
608,400
491,300
40,000
40,000
40,00040,000491,300608,400610,700298,000289,900298,987296,860289,895289,895289,895289,895289,895289,895289,895289,895289,895289,895289,895289,895289,895289,967289,967289,967288,943289,638289,347282,85123,22423,22423,22423,22423,22423,22423,22423,22423,22423,22423,22425,92525,92525,92525,92525,925025,92500025,92533,39033,96633,96678,966138,568217,810217,810217,810219,212204,187203,340132,188132,381130,63376,1873,9463,9463,9463,9463,9460
       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
4,396,975
4,606,430
0
0
0
0
5,910,285
6,055,234
6,609,033
6,711,161
6,987,407
7,283,381
7,441,423
7,822,294
8,289,907
8,708,244
10,247,267
10,672,760
11,019,076
11,145,131
12,793,998
12,964,415
13,176,864
13,638,708
13,990,986
14,540,535
15,208,935
15,678,098
16,271,363
16,871,044
17,860,805
18,272,626
4,125,467
4,420,291
21,440,606
23,414,587
25,198,258
26,187,171
26,774,100
29,161,900
7,845,000
7,695,900
7,540,900
8,276,600
8,802,000
8,802,0008,276,6007,540,9007,695,9007,845,00029,161,90026,774,10026,187,17125,198,25823,414,58721,440,6064,420,2914,125,46718,272,62617,860,80516,871,04416,271,36315,678,09815,208,93514,540,53513,990,98613,638,70813,176,86412,964,41512,793,99811,145,13111,019,07610,672,76010,247,2678,708,2448,289,9077,822,2947,441,4237,283,3816,987,4076,711,1616,609,0336,055,2345,910,28500004,606,4304,396,975000000000000000000000000000
       Intangible Assets 
673
5,386
5,331
5,275
5,220
5,164
92,011
145,318
146,723
148,230
237,409
237,400
243,120
242,180
241,366
240,735
160,548
100,000
20,089
19,144
18,199
43,121
42,214
41,307
40,180
39,291
38,401
11,586
10,697
9,807
8,918
8,028
5,764
6,539
5,942
5,344
4,747
4,150
3,553
3,251
2,970
2,689
2,408
17,124
16,420
15,716
15,019
14,322
13,625
12,927
12,238
11,750
11,262
10,853
10,455
10,056
9,658
9,260
8,873
8,486
8,099
7,713
7,713
296,860
298,987
8,600
298,000
726,200
604,800
841,500
27,500
27,500
27,50027,500841,500604,800726,200298,0008,600298,987296,8607,7137,7138,0998,4868,8739,2609,65810,05610,45510,85311,26211,75012,23812,92713,62514,32215,01915,71616,42017,1242,4082,6892,9703,2513,5534,1504,7475,3445,9426,5395,7648,0288,9189,80710,69711,58638,40139,29140,18041,30742,21443,12118,19919,14420,089100,000160,548240,735241,366242,180243,120237,400237,409148,230146,723145,31892,0115,1645,2205,2755,3315,386673
       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
4,578,653
4,963,657
5,009,707
4,577,713
4,924,641
5,842,216
6,230,492
5,504,800
7,888,800
12,310,200
14,230,200
13,176,000
0
0
0013,176,00014,230,20012,310,2007,888,8005,504,8006,230,4925,842,2164,924,6414,577,7135,009,7074,963,6574,578,6530000000000000000000000000000000000000000000000000000000000
       Long-term Assets Other 
0
0
-763,693
-736,453
-749,934
-748,533
-696,781
-669,653
-647,896
-542,321
-773,281
-815,832
-926,786
-736,200
-875,046
-765,125
-764,890
-606,424
-741,729
-693,633
-801,395
-852,128
-930,401
-1,002,687
-1,083,643
-1,272,242
-1,437,102
-1,247,438
-1,431,233
-1,516,678
-1,556,029
4,304,532
4,549,701
5,104,101
5,173,020
5,808,254
5,833,823
5,823,967
6,134,945
6,349,483
6,750,117
7,253,588
7,818,341
9,336,705
9,334,070
9,659,911
9,738,886
11,238,275
10,889,342
11,181,690
11,549,574
11,513,693
11,589,864
11,971,739
12,542,133
13,319,482
17,021,697
18,038,482
18,392,705
19,514,385
20,407,743
21,373,116
23,410,996
-4,763,326
-5,248,253
-6,348,500
-8,524,900
-9,214,800
91,500
-8,828,600
101,900
-273,200
-273,200101,900-8,828,60091,500-9,214,800-8,524,900-6,348,500-5,248,253-4,763,32623,410,99621,373,11620,407,74319,514,38518,392,70518,038,48217,021,69713,319,48212,542,13311,971,73911,589,86411,513,69311,549,57411,181,69010,889,34211,238,2759,738,8869,659,9119,334,0709,336,7057,818,3417,253,5886,750,1176,349,4836,134,9455,823,9675,833,8235,808,2545,173,0205,104,1014,549,7014,304,532-1,556,029-1,516,678-1,431,233-1,247,438-1,437,102-1,272,242-1,083,643-1,002,687-930,401-852,128-801,395-693,633-741,729-606,424-764,890-765,125-875,046-736,200-926,786-815,832-773,281-542,321-647,896-669,653-696,781-748,533-749,934-736,453-763,69300
> Total Liabilities 
1,479,322
2,043,278
2,201,774
2,398,855
2,506,761
2,613,048
3,223,807
3,522,511
3,609,723
3,761,025
4,216,399
4,227,375
4,487,519
4,514,468
4,703,343
4,693,892
4,751,095
4,747,264
4,840,348
5,079,899
5,228,350
5,177,554
5,520,459
5,383,621
5,559,382
5,591,709
5,803,261
5,892,436
5,913,635
6,207,858
6,271,247
6,491,452
6,705,592
6,863,021
7,392,809
7,794,159
8,095,141
8,451,844
8,851,819
9,065,923
9,285,702
9,599,570
10,200,613
11,955,360
12,371,872
12,683,587
13,587,876
14,932,557
15,185,248
15,309,313
16,153,514
16,786,071
17,776,594
18,099,387
18,466,968
18,975,768
19,687,754
20,495,752
21,072,226
22,463,521
23,401,182
23,805,200
26,158,594
28,803,982
30,111,460
33,047,500
39,684,300
45,034,500
48,261,100
51,020,000
400
400
40040051,020,00048,261,10045,034,50039,684,30033,047,50030,111,46028,803,98226,158,59423,805,20023,401,18222,463,52121,072,22620,495,75219,687,75418,975,76818,466,96818,099,38717,776,59416,786,07116,153,51415,309,31315,185,24814,932,55713,587,87612,683,58712,371,87211,955,36010,200,6139,599,5709,285,7029,065,9238,851,8198,451,8448,095,1417,794,1597,392,8096,863,0216,705,5926,491,4526,271,2476,207,8585,913,6355,892,4365,803,2615,591,7095,559,3825,383,6215,520,4595,177,5545,228,3505,079,8994,840,3484,747,2644,751,0954,693,8924,703,3434,514,4684,487,5194,227,3754,216,3993,761,0253,609,7233,522,5113,223,8072,613,0482,506,7612,398,8552,201,7742,043,2781,479,322
   > Total Current Liabilities 
0
0
0
0
2,476,000
2,582,000
3,183,000
3,441,000
3,528,000
3,659,000
4,106,000
4,117,000
4,374,000
4,393,000
4,587,000
4,580,000
4,644,000
4,634,000
4,737,000
4,978,000
5,126,000
5,076,000
5,419,000
5,348,000
5,523,000
5,549,000
5,760,000
5,849,000
5,878,000
6,171,000
6,234,000
6,455,000
6,670,000
6,827,000
7,062,000
7,754,000
7,661,000
8,346,000
8,466,000
8,959,000
9,244,000
9,560,000
10,160,000
11,747,000
12,165,000
12,474,000
13,378,000
14,551,000
14,802,000
14,941,000
15,787,000
16,411,000
17,404,000
17,332,000
17,803,000
18,540,000
19,329,000
20,135,294
20,698,230
22,076,289
23,012,326
23,411,637
25,460,701
27,544,586
618,772
31,930,500
647,000
1,313,300
841,000
919,400
154,900
151,000
151,000154,900919,400841,0001,313,300647,00031,930,500618,77227,544,58625,460,70123,411,63723,012,32622,076,28920,698,23020,135,29419,329,00018,540,00017,803,00017,332,00017,404,00016,411,00015,787,00014,941,00014,802,00014,551,00013,378,00012,474,00012,165,00011,747,00010,160,0009,560,0009,244,0008,959,0008,466,0008,346,0007,661,0007,754,0007,062,0006,827,0006,670,0006,455,0006,234,0006,171,0005,878,0005,849,0005,760,0005,549,0005,523,0005,348,0005,419,0005,076,0005,126,0004,978,0004,737,0004,634,0004,644,0004,580,0004,587,0004,393,0004,374,0004,117,0004,106,0003,659,0003,528,0003,441,0003,183,0002,582,0002,476,0000000
       Short-term Debt 
0
0
79,117
109,724
55,810
7,000
16,084
0
52,000
11,000
28,000
32,500
297,525
489,330
645,380
666,600
754,875
586,120
320,000
245,000
70,000
29,352
29,352
0
0
72,964
0
73,138
0
0
0
0
0
118,717
118,717
0
32,500
28,906
61,324
61,941
120,665
180,169
75,229
69,429
300,027
150,000
0
38,492
44,372
80,000
35,711
470,811
456,675
390,000
724,907
75,000
380,000
235,000
235,000
0
0
0
0
10,000
10,000
5,000
5,000
57,600
45,900
51,900
154,900
151,000
151,000154,90051,90045,90057,6005,0005,00010,00010,0000000235,000235,000380,00075,000724,907390,000456,675470,81135,71180,00044,37238,4920150,000300,02769,42975,229180,169120,66561,94161,32428,90632,5000118,717118,7170000073,138072,9640029,35229,35270,000245,000320,000586,120754,875666,600645,380489,330297,52532,50028,00011,00052,000016,0847,00055,810109,72479,11700
       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
96,987
0
0
0
150,000
0
38,492
44,372
553,545
35,711
470,811
456,675
845,607
724,907
491,258
380,000
0
0
0
0
0
0
10,000
10,000
5,000
5,000
57,600
45,900
51,900
70,300
119,000
119,00070,30051,90045,90057,6005,0005,00010,00010,000000000380,000491,258724,907845,607456,675470,81135,711553,54544,37238,4920150,00000096,98700000000000000000000000000000000000000000
       Accounts payable 
1,094,646
1,756,036
2,018,689
2,189,554
2,347,498
2,393,812
2,957,414
3,198,359
3,250,279
3,400,423
3,849,145
3,815,847
3,792,662
3,546,922
3,630,264
3,653,678
3,509,005
3,652,266
4,061,499
4,392,257
4,752,235
4,722,102
5,190,130
5,230,084
5,328,528
5,338,441
5,497,464
5,588,320
5,632,888
5,658,512
5,899,054
6,001,448
6,161,976
6,455,177
6,734,914
7,001,286
7,275,311
7,838,205
8,148,973
8,469,505
8,697,627
8,931,043
9,662,346
11,406,728
11,610,403
12,030,624
13,081,655
14,201,357
14,443,160
14,549,863
15,355,970
16,031,113
16,904,783
16,972,532
17,354,538
18,087,528
18,908,580
19,177,447
396,600
546,300
476,700
520,300
528,300
529,400
28,843,396
467,400
642,000
1,255,700
795,100
867,500
1,523,500
53,712,000
53,712,0001,523,500867,500795,1001,255,700642,000467,40028,843,396529,400528,300520,300476,700546,300396,60019,177,44718,908,58018,087,52817,354,53816,972,53216,904,78316,031,11315,355,97014,549,86314,443,16014,201,35713,081,65512,030,62411,610,40311,406,7289,662,3468,931,0438,697,6278,469,5058,148,9737,838,2057,275,3117,001,2866,734,9146,455,1776,161,9766,001,4485,899,0545,658,5125,632,8885,588,3205,497,4645,338,4415,328,5285,230,0845,190,1304,722,1024,752,2354,392,2574,061,4993,652,2663,509,0053,653,6783,630,2643,546,9223,792,6623,815,8473,849,1453,400,4233,250,2793,198,3592,957,4142,393,8122,347,4982,189,5542,018,6891,756,0361,094,646
       Other Current 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
0
0
0
5,588,320
5,632,888
0
0
0
0
6,455,177
6,734,914
7,001,286
7,275,311
7,838,205
8,148,973
8,469,505
8,697,627
8,931,043
9,662,346
11,406,728
11,610,403
12,030,624
13,081,655
14,201,357
14,443,200
14,549,863
15,355,970
16,031,113
16,904,783
16,972,500
17,354,538
18,087,528
18,908,600
19,177,447
20,208,700
21,439,899
22,440,814
22,796,493
24,830,681
27,544,586
67,772
31,930,500
-104,000
524,700
-795,100
-867,500
52,159,500
53,712,000
53,712,00052,159,500-867,500-795,100524,700-104,00031,930,50067,77227,544,58624,830,68122,796,49322,440,81421,439,89920,208,70019,177,44718,908,60018,087,52817,354,53816,972,50016,904,78316,031,11315,355,97014,549,86314,443,20014,201,35713,081,65512,030,62411,610,40311,406,7289,662,3468,931,0438,697,6278,469,5058,148,9737,838,2057,275,3117,001,2866,734,9146,455,17700005,632,8885,588,320000000000000000000000000000
   > Long-term Liabilities 
0
0
0
0
31,000
31,000
41,000
82,000
82,000
102,000
110,000
110,000
114,000
122,000
116,000
114,000
107,000
113,000
103,000
102,000
102,000
102,000
102,000
36,000
36,000
43,000
43,000
43,000
36,000
37,000
37,000
37,000
36,000
36,000
331,000
40,000
434,000
106,000
386,000
107,000
42,000
40,000
41,000
208,000
207,000
210,000
210,000
382,000
383,000
368,000
367,000
375,000
373,000
767,000
664,000
436,000
359,000
360,458
373,996
387,232
388,856
393,563
697,893
1,259,396
29,688
1,117,000
628,300
1,800,200
1,737,500
1,813,600
851,300
5,289,000
5,289,000851,3001,813,6001,737,5001,800,200628,3001,117,00029,6881,259,396697,893393,563388,856387,232373,996360,458359,000436,000664,000767,000373,000375,000367,000368,000383,000382,000210,000210,000207,000208,00041,00040,00042,000107,000386,000106,000434,00040,000331,00036,00036,00037,00037,00037,00036,00043,00043,00043,00036,00036,000102,000102,000102,000102,000103,000113,000107,000114,000116,000122,000114,000110,000110,000102,00082,00082,00041,00031,00031,0000000
       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
73,138
73,228
0
0
0
0
193,717
293,822
418,607
394,105
382,954
385,652
380,243
372,575
430,700
315,975
69,429
300,027
150,000
200
0
0
80,000
0
0
0
390,000
300,000
75,000
0
491,000
373,996
387,232
388,856
393,563
308,000
10,000
10,000
5,000
5,000
615,400
1,003,500
2,381,100
833,300
5,210,000
5,210,000833,3002,381,1001,003,500615,4005,0005,00010,00010,000308,000393,563388,856387,232373,996491,000075,000300,000390,00000080,00000200150,000300,02769,429315,975430,700372,575380,243385,652382,954394,105418,607293,822193,717000073,22873,138000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
-79,117
-109,724
-55,810
-7,000
-16,084
0
-52,000
-11,000
-28,000
-32,500
-297,525
-489,330
-645,380
-666,600
-754,875
-586,120
-320,000
-245,000
-70,000
-29,352
-29,352
0
0
-72,964
0
-73,138
0
0
0
0
0
-118,717
-118,717
0
-32,500
-28,906
-61,324
-61,941
-120,665
-180,169
-75,229
-69,429
-300,027
-150,000
0
-38,492
-44,372
-80,000
-35,711
-470,811
-456,675
-390,000
-724,907
-75,000
-380,000
-235,000
-157,250
76,191
79,803
78,112
78,733
66,904
68,613
74,900
79,600
44,800
69,100
90,900
0
0
0090,90069,10044,80079,60074,90068,61366,90478,73378,11279,80376,191-157,250-235,000-380,000-75,000-724,907-390,000-456,675-470,811-35,711-80,000-44,372-38,4920-150,000-300,027-69,429-75,229-180,169-120,665-61,941-61,324-28,906-32,5000-118,717-118,71700000-73,1380-72,96400-29,352-29,352-70,000-245,000-320,000-586,120-754,875-666,600-645,380-489,330-297,525-32,500-28,000-11,000-52,0000-16,084-7,000-55,810-109,724-79,11700
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
230,978
207,519
0
0
0
0
214,127
364,073
374,266
425,725
230,685
317,194
216,175
215,500
237,827
222,292
479,203
461,442
502,963
506,021
731,200
742,088
679,450
797,544
754,958
871,811
736,855
812,430
813,240
779,174
827,305
863,486
1,023,622
960,368
1,008,707
1,019,913
1,249,396
19,688
1,112,000
15,900
20,200
16,100
1,922,700
18,000
79,000
79,00018,0001,922,70016,10020,20015,9001,112,00019,6881,249,3961,019,9131,008,707960,3681,023,622863,486827,305779,174813,240812,430736,855871,811754,958797,544679,450742,088731,200506,021502,963461,442479,203222,292237,827215,500216,175317,194230,685425,725374,266364,073214,1270000207,519230,978000000000000000000000000000
> Total Stockholder Equity
97,451
133,571
137,082
222,489
238,253
244,223
356,338
367,110
393,070
408,579
511,245
519,451
515,895
501,518
493,960
525,441
477,875
495,497
426,938
621,637
602,967
575,725
575,779
575,858
619,764
602,174
601,575
615,653
632,255
636,683
654,045
672,120
698,011
759,616
781,295
799,525
826,288
855,251
894,805
957,664
1,003,122
1,000,928
1,051,330
1,514,744
1,583,698
1,591,502
1,660,163
1,796,210
1,857,400
1,891,500
1,969,000
2,058,700
2,145,627
2,229,698
2,293,763
2,391,700
2,488,400
2,613,700
2,720,620
2,851,264
2,923,063
3,016,748
2,999,633
3,102,414
3,224,046
3,413,500
3,712,700
4,034,500
4,514,000
4,962,600
5,011,600
4,959,000
4,959,0005,011,6004,962,6004,514,0004,034,5003,712,7003,413,5003,224,0463,102,4142,999,6333,016,7482,923,0632,851,2642,720,6202,613,7002,488,4002,391,7002,293,7632,229,6982,145,6272,058,7001,969,0001,891,5001,857,4001,796,2101,660,1631,591,5021,583,6981,514,7441,051,3301,000,9281,003,122957,664894,805855,251826,288799,525781,295759,616698,011672,120654,045636,683632,255615,653601,575602,174619,764575,858575,779575,725602,967621,637426,938495,497477,875525,441493,960501,518515,895519,451511,245408,579393,070367,110356,338244,223238,253222,489137,082133,57197,451
   Common Stock
2
2
2
2
2
2
3
3
3
3
3
3
3
3
3
3
4
4
4
7
7
7
7
7
8
8
8
8
8
8
8
8
8
9
9
9
9
9
9
9
9
9
9
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
1,390,900
1,608,200
1,687,600
1,990,300
2,260,700
2,083,700
2,095,000
2,095,0002,083,7002,260,7001,990,3001,687,6001,608,2001,390,900101010101010101010101010101010101010101010109999999999888888888777774443333333333222222
   Retained Earnings 
34,916
53,110
63,537
70,090
77,839
86,281
94,719
105,596
117,162
126,170
130,814
138,761
149,844
152,286
156,259
158,674
63,966
-85,424
-169,450
-186,011
-212,365
-241,724
-243,806
-245,045
-245,502
-258,800
-256,150
-252,424
-248,833
-243,512
-233,974
-221,338
-206,232
-174,471
-153,860
-120,196
-92,357
-61,358
-30,379
4,807
45,373
85,453
125,467
159,939
218,897
262,638
323,970
385,584
452,636
522,436
595,793
675,764
758,622
848,466
950,424
1,055,103
1,166,226
1,282,705
1,399,215
1,513,970
1,581,928
1,680,317
1,661,768
1,722,451
1,833,012
2,001,400
2,168,600
2,366,600
2,567,000
2,773,000
2,972,600
3,191,000
3,191,0002,972,6002,773,0002,567,0002,366,6002,168,6002,001,4001,833,0121,722,4511,661,7681,680,3171,581,9281,513,9701,399,2151,282,7051,166,2261,055,103950,424848,466758,622675,764595,793522,436452,636385,584323,970262,638218,897159,939125,46785,45345,3734,807-30,379-61,358-92,357-120,196-153,860-174,471-206,232-221,338-233,974-243,512-248,833-252,424-256,150-258,800-245,502-245,045-243,806-241,724-212,365-186,011-169,450-85,42463,966158,674156,259152,286149,844138,761130,814126,170117,162105,59694,71986,28177,83970,09063,53753,11034,916
   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
741,531
743,025
0
0
0
0
784,852
786,941
789,462
792,140
797,146
795,306
803,376
807,257
828,327
831,931
1,268,947
1,273,648
1,306,594
1,328,678
1,389,914
1,394,526
1,400,140
1,406,943
1,413,061
1,418,835
1,424,540
1,431,460
1,438,857
1,444,555
1,417,724
1,390,569
1,372,037
1,368,191
1,374,141
1,370,544
1,376,859
1,383,537
0
0
0
0
0
0
0
00000001,383,5371,376,8591,370,5441,374,1411,368,1911,372,0371,390,5691,417,7241,444,5551,438,8571,431,4601,424,5401,418,8351,413,0611,406,9431,400,1401,394,5261,389,9141,328,6781,306,5941,273,6481,268,947831,931828,327807,257803,376795,306797,146792,140789,462786,941784,8520000743,025741,531000000000000000000000000000
   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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
25,828
-25,924
-26,210
-26,362
-36,605
-36,651
-40,004
-40,173
-46,469
-50,971
-52,035
-53,083
-60,983
-61,134
-62,665
-62,728
-70,186
-70,583
-71,098
-71,100
-84,000
-84,200
-85,900
-86,800
-104,100
-104,000
-104,000-104,100-86,800-85,900-84,200-84,000-71,100-71,098-70,583-70,186-62,728-62,665-61,134-60,983-53,083-52,035-50,971-46,469-40,173-40,004-36,651-36,605-26,362-26,210-25,92425,8280000000000000000000000000000000000000000000000
   Other Stockholders 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
-5,795
-2,945
0
0
0
0
8,226
7,205
-10,750
-14,504
-21,546
-11,131
8,472
9,483
16,639
23,423
15,348
20,643
22,260
33,333
46,626
36,392
-4,695
2,851
6,490
8,164
-3,145
-41,662
-51,315
-70,363
-33,622
-8,191
26,381
35,599
25,008
37,497
73,677
1,312,024
-71,100
-84,000
-84,200
-380,400
-381,300
190,400
191,000
191,000190,400-381,300-380,400-84,200-84,000-71,1001,312,02473,67737,49725,00835,59926,381-8,191-33,622-70,363-51,315-41,662-3,1458,1646,4902,851-4,69536,39246,62633,33322,26020,64315,34823,42316,6399,4838,472-11,131-21,546-14,504-10,7507,2058,2260000-2,945-5,795000000000000000000000000000



Balance Sheet

Currency in USD. All numbers in thousands.