10-K/APeriod: FY2016

TransDigm Group INC Annual Report (Amendment), Year Ended Sep 30, 2016

Filed November 18, 2016For Securities:TDG

Summary

TransDigm Group Incorporated (TDG) filed an amendment (10-K/A) to its 2016 Annual Report on November 17, 2016. This amendment's primary purpose was to include an inadvertently omitted Exhibit 23.1, the Consent of Independent Registered Public Accounting Firm from Ernst & Young LLP. It's important for investors to note that this amendment does not alter the financial statements or other disclosures made in the original Form 10-K filed on November 15, 2016. The company confirmed its status as a well-known seasoned issuer and a large accelerated filer, indicating its established presence and regulatory compliance. The aggregate market value of its non-affiliate stock as of March 31, 2016, was substantial at over $10.8 billion, with approximately 53.3 million shares outstanding as of early November 2016. Investors should refer to the original Form 10-K filing for detailed financial performance and strategic information.

Financial Highlights

53 data points
Beta

Revenue

$3.17B

54.5% Gross Margin

Net Income

$586.41M

18.5% Net Margin

EPS (Diluted)

$10.39

Total Assets

$10.73B

Cash & Equivalents

$1.59B

Free Cash Flow

$639.32M

Financial Statements
Beta
Revenue$3.17B
Cost of Revenue$1.44B
Gross Profit$1.73B
R&D Expenses$58.60M
SG&A Expenses$382.86M
Operating Income$1.27B
Net Income$586.41M
EPS (Basic)$10.39
Shares Outstanding (Basic)56.16M

Key Highlights

  • 1This filing is an amendment (10-K/A) primarily to include Exhibit 23.1, the Consent of Independent Registered Public Accounting Firm.
  • 2No changes were made to the consolidated financial statements or other disclosures in the original Form 10-K filing.
  • 3TransDigm is classified as a well-known seasoned issuer and a large accelerated filer.
  • 4The aggregate market value of non-affiliate shares was over $10.8 billion as of March 31, 2016.
  • 5The company had approximately 53.3 million shares of common stock outstanding as of November 6, 2016.
  • 6This amendment includes currently dated certifications from the CEO and CFO as required by Rule 12b-15.

Frequently Asked Questions

The primary purpose of this Amendment No. 1 to TransDigm's 2016 Form 10-K is to include Exhibit 23.1, the Consent of Independent Registered Public Accounting Firm from Ernst & Young LLP, which was inadvertently omitted from the original filing.

No, the amendment explicitly states that the consolidated financial statements and notes are not being reissued and remain the same as filed in the original Form 10-K. No other disclosures have been modified or updated.

TransDigm is confirmed to be a well-known seasoned issuer and a large accelerated filer, indicating a history of timely and compliant SEC filings.

As of March 31, 2016, the aggregate market value of the voting and non-voting common stock held by non-affiliates was approximately $10.87 billion. The number of outstanding shares was about 53.3 million as of November 6, 2016.