2013 Q4 Form 10-K Financial Statement

#000104746914002566 Filed on March 18, 2014

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2013 Q2
Revenue $50.13M $24.88M $25.35M
YoY Change 109.15% 2.3% -5.53%
Cost Of Revenue $35.90M $17.64M $17.82M
YoY Change 108.72% 2.45% -4.65%
Gross Profit $14.23M $7.238M $7.535M
YoY Change 110.66% 1.96% -7.56%
Gross Profit Margin 28.38% 29.1% 29.72%
Selling, General & Admin $6.800M $3.648M $3.929M
YoY Change 78.95% 0.86% -7.94%
% of Gross Profit 47.8% 50.4% 52.14%
Research & Development $2.800M $1.700M $1.700M
YoY Change 86.67% 13.33% 6.25%
% of Gross Profit 19.68% 23.49% 22.56%
Depreciation & Amortization $1.600M $395.0K $348.0K
YoY Change 263.64% 3.95% 7.08%
% of Gross Profit 11.25% 5.46% 4.62%
Operating Expenses $10.20M $3.648M $6.471M
YoY Change 88.89% -29.81% 7.9%
Operating Profit $4.026M $3.590M $1.064M
YoY Change 197.56% 88.75% -50.6%
Interest Expense -$1.400M $0.00 $8.000K
YoY Change -100.0% 166.67%
% of Operating Profit -34.77% 0.0% 0.75%
Other Income/Expense, Net $100.0K $0.00 $124.0K
YoY Change -100.0% -66.49%
Pretax Income $2.000M $1.100M $1.188M
YoY Change 42.86% -43.36% -52.93%
Income Tax $700.0K $300.0K $369.0K
% Of Pretax Income 35.0% 27.27% 31.06%
Net Earnings $1.300M $800.0K $800.0K
YoY Change 18.18% -38.46% -55.56%
Net Earnings / Revenue 2.59% 3.22% 3.16%
Basic Earnings Per Share $0.15 $0.09 $0.09
Diluted Earnings Per Share $0.15 $0.09 $0.09
COMMON SHARES
Basic Shares Outstanding 8.807M shares 8.806M shares
Diluted Shares Outstanding 8.807M shares 8.806M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.400M $11.70M $11.30M
YoY Change -13.4% 85.71% 68.66%
Cash & Equivalents $10.17M $11.70M $11.26M
Short-Term Investments
Other Short-Term Assets $7.400M $2.100M $1.600M
YoY Change 164.29% -51.16% -60.98%
Inventory $24.43M $15.17M $14.00M
Prepaid Expenses
Receivables $27.12M $13.40M $11.80M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $67.29M $42.40M $38.63M
YoY Change 76.94% 8.51% 0.73%
LONG-TERM ASSETS
Property, Plant & Equipment $40.11M $9.600M $9.065M
YoY Change 364.73% 14.93% 11.08%
Goodwill $20.23M $5.692M
YoY Change 249.93%
Intangibles $35.22M $2.228M
YoY Change 1348.87% -11.76%
Long-Term Investments
YoY Change
Other Assets $4.878M $6.800M $2.572M
YoY Change 145.0% 70.0% -38.76%
Total Long-Term Assets $103.7M $24.60M $23.62M
YoY Change 352.04% 20.67% 15.98%
TOTAL ASSETS
Total Short-Term Assets $67.29M $42.40M $38.63M
Total Long-Term Assets $103.7M $24.60M $23.62M
Total Assets $171.0M $67.00M $62.25M
YoY Change 180.44% 12.68% 6.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.48M $7.600M $6.046M
YoY Change 169.28% 22.54% -21.46%
Accrued Expenses $9.898M $5.500M $4.560M
YoY Change 67.03% 1.57% -7.97%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $14.10M $1.100M $600.0K
YoY Change 3425.0% 450.0% 200.0%
Total Short-Term Liabilities $42.25M $14.30M $11.17M
YoY Change 250.01% 18.78% -14.82%
LONG-TERM LIABILITIES
Long-Term Debt $73.50M $0.00 $0.00
YoY Change
Other Long-Term Liabilities $4.900M $6.400M $6.300M
YoY Change -15.52% 14.29% 12.5%
Total Long-Term Liabilities $73.50M $6.400M $6.300M
YoY Change 1167.24% 14.29% 12.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $42.25M $14.30M $11.17M
Total Long-Term Liabilities $73.50M $6.400M $6.300M
Total Liabilities $123.0M $21.53M $18.37M
YoY Change 553.6% 16.18% -6.41%
SHAREHOLDERS EQUITY
Retained Earnings $23.61M $22.49M $21.89M
YoY Change 15.0% 14.55% 18.12%
Common Stock $23.77M $23.54M $23.37M
YoY Change 5.43% 5.21% 5.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $48.00M $45.47M $43.87M
YoY Change
Total Liabilities & Shareholders Equity $171.0M $66.99M $62.25M
YoY Change 180.44% 12.59% 6.02%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2013 Q2
OPERATING ACTIVITIES
Net Income $1.300M $800.0K $800.0K
YoY Change 18.18% -38.46% -55.56%
Depreciation, Depletion And Amortization $1.600M $395.0K $348.0K
YoY Change 263.64% 3.95% 7.08%
Cash From Operating Activities $7.360M $700.0K $3.870M
YoY Change 86.33% 900.0% 9.01%
INVESTING ACTIVITIES
Capital Expenditures -$1.030M -$890.0K -$870.0K
YoY Change 77.59% 81.63% -7.45%
Acquisitions
YoY Change
Other Investing Activities -$91.61M $0.00
YoY Change
Cash From Investing Activities -$92.63M -$890.0K -$870.0K
YoY Change 15870.69% 81.63% -7.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 82.10M 340.0K -40.00K
YoY Change 273566.67% -270.0% -86.21%
NET CHANGE
Cash From Operating Activities 7.360M 700.0K 3.870M
Cash From Investing Activities -92.63M -890.0K -870.0K
Cash From Financing Activities 82.10M 340.0K -40.00K
Net Change In Cash -3.170M 150.0K 2.960M
YoY Change -193.24% -124.19% 27.59%
FREE CASH FLOW
Cash From Operating Activities $7.360M $700.0K $3.870M
Capital Expenditures -$1.030M -$890.0K -$870.0K
Free Cash Flow $8.390M $1.590M $4.740M
YoY Change 85.21% 183.93% 5.57%

Facts In Submission

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CY2013 dei Entity Registrant Name
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ALLIED MOTION TECHNOLOGIES INC
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<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="FONT-FAMILY: times;"><font size="2"><b>13. RECLASSIFICATIONS</b></font></p> <p style="FONT-FAMILY: times;"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Certain prior year balances were reclassified to conform to the current year presentation. Those reclassifications had no impact on the consolidated statements of income and comprehensive income, the consolidated statements of stockholders' equity or the consolidated statements of cash flows as previously reported.</font></p> </div>
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CY2012 amot Defined Contribution Plan Employer Matching Contribution Percent Of Match Per Dollar Of First Specified Percentage Of Participant Deferral
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CY2012 amot Defined Contribution Plan Employer Matching Contribution Percent Of Match Per Dollar Of Next Specified Percentage Of Employee Contribution
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0.05 pure
CY2012 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.05 pure
CY2013 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
506000 USD
CY2012 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
400000 USD

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