2010 Q4 Form 10-K Financial Statement

#000104746912001874 Filed on February 29, 2012

View on sec.gov

Income Statement

Concept 2010 Q4 2009 2008 Q4
Revenue $93.40M $133.0M $42.00M
YoY Change 141.34% -46.83% -53.13%
Cost Of Revenue $61.90M $105.0M $52.80M
YoY Change 125.91% -44.05% -8.81%
Gross Profit $31.50M $28.06M -$10.90M
YoY Change 176.32% -55.17% -134.28%
Gross Profit Margin 33.73% 21.1% -25.95%
Selling, General & Admin $16.30M $59.30M $19.60M
YoY Change 21.64% -32.31% -11.71%
% of Gross Profit 51.75% 211.29%
Research & Development $11.00M $32.66M $13.60M
YoY Change 42.86% -48.4% -24.02%
% of Gross Profit 34.92% 116.38%
Depreciation & Amortization $1.680M $7.436M $6.290M
YoY Change -9.19% -68.45% 7.52%
% of Gross Profit 5.33% 26.5%
Operating Expenses $27.30M $97.50M $33.90M
YoY Change 29.38% -36.52% -16.71%
Operating Profit $4.200M -$69.43M -$44.80M
YoY Change -143.3% -23.7% 403.37%
Interest Expense $0.00 $1.676M -$4.100M
YoY Change -119.05% -341.18%
% of Operating Profit 0.0%
Other Income/Expense, Net -$1.900M -$7.169M -$500.0K
YoY Change 533.33% 3484.5% -28.57%
Pretax Income $2.300M -$76.60M -$141.7M
YoY Change -123.0% -60.88% 1249.52%
Income Tax -$2.100M $865.0K -$300.0K
% Of Pretax Income -91.3%
Net Earnings $4.300M -$77.50M -$141.4M
YoY Change -143.0% -60.6% 1233.96%
Net Earnings / Revenue 4.6% -58.26% -336.67%
Basic Earnings Per Share
Diluted Earnings Per Share $156.9K -$2.992M -$5.481M
COMMON SHARES
Basic Shares Outstanding 103.6M shares
Diluted Shares Outstanding 103.6M shares

Balance Sheet

Concept 2010 Q4 2009 2008 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $45.70M $45.00M $37.70M
YoY Change 1.56% 19.36% -55.07%
Cash & Equivalents $45.74M $45.00M $37.69M
Short-Term Investments
Other Short-Term Assets $15.30M $14.90M $25.90M
YoY Change 2.68% -42.47% -47.57%
Inventory $109.7M $114.6M $150.1M
Prepaid Expenses
Receivables $57.89M $19.10M $27.50M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $228.6M $193.6M $241.2M
YoY Change 18.09% -19.73% -36.31%
LONG-TERM ASSETS
Property, Plant & Equipment $38.59M $40.90M $44.40M
YoY Change -5.64% -7.88% -34.8%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $156.7M
YoY Change -100.0% 17.91%
Other Assets $13.54M $16.10M $12.90M
YoY Change -15.89% 24.81% -65.32%
Total Long-Term Assets $52.24M $57.00M $214.0M
YoY Change -8.35% -73.36% -26.51%
TOTAL ASSETS
Total Short-Term Assets $228.6M $193.6M $241.2M
Total Long-Term Assets $52.24M $57.00M $214.0M
Total Assets $280.9M $250.6M $455.2M
YoY Change 12.08% -44.95% -32.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $36.71M $9.700M $8.100M
YoY Change 278.44% 19.75% -70.11%
Accrued Expenses $10.60M $9.300M $15.80M
YoY Change 13.98% -41.14% -7.06%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $83.20M
YoY Change -100.0%
Total Short-Term Liabilities $68.13M $29.80M $130.0M
YoY Change 128.62% -77.08% 38.3%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $4.759M $4.400M $5.800M
YoY Change 8.16% -24.14% -42.0%
Total Long-Term Liabilities $4.759M $4.400M $5.800M
YoY Change 8.16% -24.14% -93.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $68.13M $29.80M $130.0M
Total Long-Term Liabilities $4.759M $4.400M $5.800M
Total Liabilities $72.89M $34.20M $135.8M
YoY Change 113.12% -74.82% -26.16%
SHAREHOLDERS EQUITY
Retained Earnings -$293.5M
YoY Change
Common Stock $106.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.218M
YoY Change
Treasury Stock Shares 120.0K shares
Shareholders Equity $205.6M $216.4M $319.4M
YoY Change
Total Liabilities & Shareholders Equity $280.9M $250.6M $455.2M
YoY Change 12.08% -44.95% -32.05%

Cashflow Statement

Concept 2010 Q4 2009 2008 Q4
OPERATING ACTIVITIES
Net Income $4.300M -$77.50M -$141.4M
YoY Change -143.0% -60.6% 1233.96%
Depreciation, Depletion And Amortization $1.680M $7.436M $6.290M
YoY Change -9.19% -68.45% 7.52%
Cash From Operating Activities -$7.480M -$33.94M -$14.59M
YoY Change -292.78% -30.34% -535.52%
INVESTING ACTIVITIES
Capital Expenditures -$640.0K $463.0K -$380.0K
YoY Change 700.0% -113.58% -80.71%
Acquisitions
YoY Change
Other Investing Activities $3.640M $123.8M $6.270M
YoY Change -2241.18% 1186.38% -1841.67%
Cash From Investing Activities $2.990M $123.3M $5.890M
YoY Change -1296.0% 1882.15% -352.79%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 810.0K -83.12M 20.00K
YoY Change 406.25% -9335.56% -93.94%
NET CHANGE
Cash From Operating Activities -7.480M -33.94M -14.59M
Cash From Investing Activities 2.990M 123.3M 5.890M
Cash From Financing Activities 810.0K -83.12M 20.00K
Net Change In Cash -3.680M 6.230M -8.680M
YoY Change -197.1% -114.98% -742.96%
FREE CASH FLOW
Cash From Operating Activities -$7.480M -$33.94M -$14.59M
Capital Expenditures -$640.0K $463.0K -$380.0K
Free Cash Flow -$6.840M -$34.40M -$14.21M
YoY Change -272.73% -24.07% -367.11%

Facts In Submission

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Files In Submission

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