2022 Q1 Form 10-Q Financial Statement

#000154565422000018 Filed on May 06, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $98.20M $81.00M
YoY Change 21.23% 0.25%
Cost Of Revenue $67.40M $55.20M
YoY Change 22.1% 127.16%
Gross Profit $30.80M $25.80M
YoY Change 19.38% -54.34%
Gross Profit Margin 31.36% 31.85%
Selling, General & Admin $12.40M $12.20M
YoY Change 1.64% -11.59%
% of Gross Profit 40.26% 47.29%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.30M $12.60M
YoY Change -10.32% -7.35%
% of Gross Profit 36.69% 48.84%
Operating Expenses $12.40M $12.20M
YoY Change 1.64% -11.59%
Operating Profit $18.40M $13.90M
YoY Change 32.37% 36.27%
Interest Expense $5.700M $7.000M
YoY Change -18.57% -10.26%
% of Operating Profit 30.98% 50.36%
Other Income/Expense, Net -$3.400M $0.00
YoY Change -100.0%
Pretax Income $11.00M $10.00M
YoY Change 10.0% 72.41%
Income Tax $0.00 $100.0K
% Of Pretax Income 0.0% 1.0%
Net Earnings $10.50M $9.900M
YoY Change 6.06% 59.68%
Net Earnings / Revenue 10.69% 12.22%
Basic Earnings Per Share $0.14 $0.14
Diluted Earnings Per Share $0.14 $0.14
COMMON SHARES
Basic Shares Outstanding 72.60M shares 72.50M shares
Diluted Shares Outstanding 72.80M shares 72.60M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $33.70M $32.00M
YoY Change 5.31% -75.68%
Cash & Equivalents $33.70M $32.00M
Short-Term Investments
Other Short-Term Assets $1.000M $200.0K
YoY Change 400.0% -96.72%
Inventory $26.10M $27.20M
Prepaid Expenses
Receivables $37.60M $33.20M
Other Receivables $0.00 $0.00
Total Short-Term Assets $97.40M $92.40M
YoY Change 5.41% -53.0%
LONG-TERM ASSETS
Property, Plant & Equipment $1.626B $1.780B
YoY Change -8.62% -2.93%
Goodwill $8.700M $10.50M
YoY Change -17.14% -31.82%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $109.1M $95.30M
YoY Change 14.48% -16.4%
Total Long-Term Assets $1.757B $1.900B
YoY Change -7.49% -3.97%
TOTAL ASSETS
Total Short-Term Assets $97.40M $92.40M
Total Long-Term Assets $1.757B $1.900B
Total Assets $1.855B $1.992B
YoY Change -6.89% -8.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $13.20M $13.20M
YoY Change 0.0% 7.32%
Accrued Expenses
YoY Change
Deferred Revenue $6.700M $5.400M
YoY Change 24.07% -28.95%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $13.20M $13.20M
YoY Change 0.0% -33.33%
LONG-TERM LIABILITIES
Long-Term Debt $522.2M $654.6M
YoY Change -20.23% -20.13%
Other Long-Term Liabilities $241.4M $217.8M
YoY Change 10.84% -0.18%
Total Long-Term Liabilities $763.6M $872.4M
YoY Change -12.47% -15.94%
TOTAL LIABILITIES
Total Short-Term Liabilities $13.20M $13.20M
Total Long-Term Liabilities $763.6M $872.4M
Total Liabilities $776.8M $885.6M
YoY Change -12.29% -16.26%
SHAREHOLDERS EQUITY
Retained Earnings -$666.4M -$650.4M
YoY Change 2.46% 1.83%
Common Stock $1.810B $1.806B
YoY Change 0.19% 0.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.070B $1.100B
YoY Change
Total Liabilities & Shareholders Equity $1.855B $1.992B
YoY Change -6.89% -8.4%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $10.50M $9.900M
YoY Change 6.06% 59.68%
Depreciation, Depletion And Amortization $11.30M $12.60M
YoY Change -10.32% -7.35%
Cash From Operating Activities $7.300M $20.60M
YoY Change -64.56% 8.99%
INVESTING ACTIVITIES
Capital Expenditures -$3.800M -$5.200M
YoY Change -26.92% -16.13%
Acquisitions
YoY Change
Other Investing Activities -$100.0K $15.60M
YoY Change -100.64% 71.43%
Cash From Investing Activities -$3.900M $10.40M
YoY Change -137.5% 258.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $10.50M $37.70M
YoY Change -72.15% -14.71%
Cash From Financing Activities -$39.70M -$56.20M
YoY Change -29.36% -155.92%
NET CHANGE
Cash From Operating Activities $7.300M $20.60M
Cash From Investing Activities -$3.900M $10.40M
Cash From Financing Activities -$39.70M -$56.20M
Net Change In Cash -$36.30M -$25.20M
YoY Change 44.05% -120.61%
FREE CASH FLOW
Cash From Operating Activities $7.300M $20.60M
Capital Expenditures -$3.800M -$5.200M
Free Cash Flow $11.10M $25.80M
YoY Change -56.98% 2.79%

Facts In Submission

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