2016 Q1 Form 10-Q Financial Statement

#000150021716000170 Filed on April 29, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $70.73M $66.04M
YoY Change 7.11% 3.21%
Cost Of Revenue $25.09M $22.67M
YoY Change 10.67% 0.09%
Gross Profit $45.65M $43.37M
YoY Change 5.25% 4.92%
Gross Profit Margin 64.53% 65.67%
Selling, General & Admin $5.034M $5.401M
YoY Change -6.8% 7.98%
% of Gross Profit 11.03% 12.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $17.45M $15.11M
YoY Change 15.53% -7.55%
% of Gross Profit 38.24% 34.84%
Operating Expenses $47.09M $42.79M
YoY Change 10.04% -1.85%
Operating Profit $23.64M $23.24M
YoY Change 1.72% 14.05%
Interest Expense $12.95M $11.80M
YoY Change 9.76% -13.48%
% of Operating Profit 54.76% 50.74%
Other Income/Expense, Net $24.00K -$70.00K
YoY Change -134.29% -23.08%
Pretax Income $10.72M $11.38M
YoY Change -5.8% 70.87%
Income Tax $100.0K $84.00K
% Of Pretax Income 0.93% 0.74%
Net Earnings $7.651M $8.027M
YoY Change -4.68% 74.42%
Net Earnings / Revenue 10.82% 12.16%
Basic Earnings Per Share $0.17 $0.18
Diluted Earnings Per Share $0.17 $0.18
COMMON SHARES
Basic Shares Outstanding 45.23M shares 43.42M shares
Diluted Shares Outstanding 63.13M shares 61.32M shares

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $44.00M $54.60M
YoY Change -19.41% -31.32%
Cash & Equivalents $44.01M $54.64M
Short-Term Investments
Other Short-Term Assets $5.600M $4.800M
YoY Change 16.67% 29.73%
Inventory
Prepaid Expenses
Receivables $7.600M $5.800M
Other Receivables $0.00 $0.00
Total Short-Term Assets $57.20M $65.20M
YoY Change -12.27% -27.15%
LONG-TERM ASSETS
Property, Plant & Equipment $1.837B $1.807B
YoY Change 1.67% 6.73%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $9.300M $15.30M
YoY Change -39.22% 2.68%
Total Long-Term Assets $1.921B $1.901B
YoY Change 1.04% 6.23%
TOTAL ASSETS
Total Short-Term Assets $57.20M $65.20M
Total Long-Term Assets $1.921B $1.901B
Total Assets $1.978B $1.966B
YoY Change 0.59% 4.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $37.00M $55.00M
YoY Change -32.73% 36.82%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $43.10M $60.90M
YoY Change -29.23% 34.14%
LONG-TERM LIABILITIES
Long-Term Debt $1.061B $1.082B
YoY Change -1.94% 2.78%
Other Long-Term Liabilities $53.40M $55.60M
YoY Change -3.96% -4.63%
Total Long-Term Liabilities $1.114B $1.137B
YoY Change -2.04% 2.39%
TOTAL LIABILITIES
Total Short-Term Liabilities $43.10M $60.90M
Total Long-Term Liabilities $1.114B $1.137B
Total Liabilities $1.157B $1.199B
YoY Change -3.43% 3.64%
SHAREHOLDERS EQUITY
Retained Earnings -$67.72M -$62.41M
YoY Change 8.52% 28.36%
Common Stock $864.5M $800.5M
YoY Change 7.99% 8.83%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $793.6M $737.5M
YoY Change
Total Liabilities & Shareholders Equity $1.978B $1.966B
YoY Change 0.59% 4.64%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income $7.651M $8.027M
YoY Change -4.68% 74.42%
Depreciation, Depletion And Amortization $17.45M $15.11M
YoY Change 15.53% -7.55%
Cash From Operating Activities $34.26M $32.51M
YoY Change 5.38% 16.14%
INVESTING ACTIVITIES
Capital Expenditures -$17.10M -$44.10M
YoY Change -61.22% 45.54%
Acquisitions
YoY Change
Other Investing Activities -$800.0K -$1.000M
YoY Change -20.0% -23.08%
Cash From Investing Activities -$17.90M -$45.17M
YoY Change -60.38% 42.94%
FINANCING ACTIVITIES
Cash Dividend Paid $15.83M $14.35M
YoY Change 10.29% 9.21%
Common Stock Issuance & Retirement, Net $0.00 $10.27M
YoY Change -100.0% -78.11%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$12.28M $7.941M
YoY Change -254.68% -76.72%
NET CHANGE
Cash From Operating Activities $34.26M $32.51M
Cash From Investing Activities -$17.90M -$45.17M
Cash From Financing Activities -$12.28M $7.941M
Net Change In Cash $4.082M -$4.718M
YoY Change -186.52% -115.47%
FREE CASH FLOW
Cash From Operating Activities $34.26M $32.51M
Capital Expenditures -$17.10M -$44.10M
Free Cash Flow $51.36M $76.61M
YoY Change -32.96% 31.42%

Facts In Submission

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