2016 Q2 Form 10-Q Financial Statement

#000089962916000061 Filed on July 27, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q2
Revenue $43.92M $49.18M
YoY Change -10.69% -0.68%
Cost Of Revenue $10.75M $12.62M
YoY Change -14.82% 11.58%
Gross Profit $45.23M $40.55M
YoY Change 11.54% 6.12%
Gross Profit Margin 102.99% 82.46%
Selling, General & Admin $8.520M $8.010M
YoY Change 6.37% 16.42%
% of Gross Profit 18.84% 19.75%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.70M $13.90M
YoY Change 5.76% 19.83%
% of Gross Profit 32.5% 34.28%
Operating Expenses $34.48M $40.12M
YoY Change -14.06% 30.79%
Operating Profit $9.436M $13.04M
YoY Change -27.63% -30.77%
Interest Expense -$11.78M -$6.560M
YoY Change 79.57% -19.01%
% of Operating Profit -124.84% -50.31%
Other Income/Expense, Net $81.97M
YoY Change
Pretax Income $9.694M $85.40M
YoY Change -88.65% 660.82%
Income Tax $111.0K -$56.00K
% Of Pretax Income 1.15% -0.07%
Net Earnings $26.16M $85.46M
YoY Change -69.39% 620.07%
Net Earnings / Revenue 59.55% 173.78%
Basic Earnings Per Share $0.24 $0.38
Diluted Earnings Per Share $0.24 $0.38
COMMON SHARES
Basic Shares Outstanding 72.90M shares 68.83M shares
Diluted Shares Outstanding 72.90M shares 68.87M shares

Balance Sheet

Concept 2016 Q2 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $83.90M $104.7M
YoY Change -19.87% 20.62%
Cash & Equivalents $83.85M $104.7M
Short-Term Investments
Other Short-Term Assets $57.90M $53.10M
YoY Change 9.04% -17.55%
Inventory $647.1M $533.3M
Prepaid Expenses
Receivables $38.20M $37.90M
Other Receivables $0.00 $0.00
Total Short-Term Assets $827.1M $729.0M
YoY Change 13.46% 33.42%
LONG-TERM ASSETS
Property, Plant & Equipment $1.735B $1.768B
YoY Change -1.82% 28.38%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $284.2M $166.6M
YoY Change 70.59% -8.81%
Other Assets $53.00M $94.00M
YoY Change -43.62% -25.87%
Total Long-Term Assets $2.408B $2.245B
YoY Change 7.27% 22.94%
TOTAL ASSETS
Total Short-Term Assets $827.1M $729.0M
Total Long-Term Assets $2.408B $2.245B
Total Assets $3.235B $2.974B
YoY Change 8.79% 25.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $38.30M $37.60M
YoY Change 1.86% -5.05%
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 $82.50M $68.50M
YoY Change 20.44% 9.78%
LONG-TERM LIABILITIES
Long-Term Debt $1.245B $1.327B
YoY Change -6.17% 23.53%
Other Long-Term Liabilities $146.8M $58.80M
YoY Change 149.66% 35.48%
Total Long-Term Liabilities $1.392B $1.386B
YoY Change 0.44% 23.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $82.50M $68.50M
Total Long-Term Liabilities $1.392B $1.386B
Total Liabilities $1.474B $1.454B
YoY Change 1.4% 23.22%
SHAREHOLDERS EQUITY
Retained Earnings $22.92M $41.65M
YoY Change -44.98% -5.76%
Common Stock $1.288B $1.050B
YoY Change 22.61% 38.56%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.296B $1.089B
YoY Change
Total Liabilities & Shareholders Equity $3.235B $2.974B
YoY Change 8.79% 25.36%

Cashflow Statement

Concept 2016 Q2 2015 Q2
OPERATING ACTIVITIES
Net Income $26.16M $85.46M
YoY Change -69.39% 620.07%
Depreciation, Depletion And Amortization $14.70M $13.90M
YoY Change 5.76% 19.83%
Cash From Operating Activities $24.80M $27.20M
YoY Change -8.82% 14.29%
INVESTING ACTIVITIES
Capital Expenditures -$24.60M -$117.5M
YoY Change -79.06% 145.3%
Acquisitions
YoY Change
Other Investing Activities -$134.8M $144.5M
YoY Change -193.29% -16155.56%
Cash From Investing Activities -$159.6M $27.00M
YoY Change -691.11% -155.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 133.8M -69.00M
YoY Change -293.91% -276.92%
NET CHANGE
Cash From Operating Activities 24.80M 27.20M
Cash From Investing Activities -159.6M 27.00M
Cash From Financing Activities 133.8M -69.00M
Net Change In Cash -1.000M -14.80M
YoY Change -93.24% -205.71%
FREE CASH FLOW
Cash From Operating Activities $24.80M $27.20M
Capital Expenditures -$24.60M -$117.5M
Free Cash Flow $49.40M $144.7M
YoY Change -65.86% 101.81%

Facts In Submission

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0 USD
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us-gaap Profit Loss
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us-gaap Real Estate Tax Expense
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22919000 USD
us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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4150000 USD
CY2016Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Award Vesting Rights Percentage
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0.33
us-gaap Stock Issued During Period Value Conversion Of Units
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us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2015Q2 us-gaap Tenant Reimbursements
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us-gaap Tenant Reimbursements
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CY2015Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
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377000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
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615000 USD
CY2016Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
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223000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
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589000 USD
CY2015Q4 us-gaap Unsecured Debt
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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68616000 shares
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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71851000 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Issued Basic
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us-gaap Weighted Average Number Of Shares Issued Basic
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CY2016Q2 us-gaap Weighted Average Number Of Shares Issued Basic
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72896000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
71826000 shares

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akr-20160630_def.xml Edgar Link unprocessable
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