2012 Q3 Form 10-Q Financial Statement

#000110465912057739 Filed on August 14, 2012

View on sec.gov

Income Statement

Concept 2012 Q3 2012 Q2 2011 Q2
Revenue $25.93M $102.6M $64.66M
YoY Change -71.95% 58.64%
Cost Of Revenue $6.600M $5.900M $3.700M
YoY Change 69.23% 59.46%
Gross Profit $19.40M $96.70M $61.00M
YoY Change -78.1% 58.52%
Gross Profit Margin 74.81% 94.27% 94.33%
Selling, General & Admin $7.900M $5.000M $10.60M
YoY Change -53.8% -52.83%
% of Gross Profit 40.72% 5.17% 17.38%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $30.69M $27.88M $21.27M
YoY Change 34.93% 31.11%
% of Gross Profit 158.21% 28.83% 34.86%
Operating Expenses $54.50M $45.20M $40.99M
YoY Change 25.72% 10.27%
Operating Profit -$28.57M $57.39M $23.68M
YoY Change -158.17% 142.35%
Interest Expense $908.0K $990.0K $134.0K
YoY Change 51.08% 638.81%
% of Operating Profit 1.73% 0.57%
Other Income/Expense, Net -$828.0K -$847.0K -$130.0K
YoY Change 38.46% 551.54%
Pretax Income -$29.40M $56.54M $23.55M
YoY Change -160.59% 140.1%
Income Tax -$11.59M $168.9M $0.00
% Of Pretax Income 298.76% 0.0%
Net Earnings -$17.80M -$112.4M $23.55M
YoY Change -136.7% -577.2%
Net Earnings / Revenue -68.65% -109.55% 36.42%
Basic Earnings Per Share
Diluted Earnings Per Share -$2.697M -$17.03M $3.561M
COMMON SHARES
Basic Shares Outstanding 66.55M shares 66.42M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2012 Q3 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.700M $11.70M
YoY Change -53.92%
Cash & Equivalents $4.674M $11.69M $10.46M
Short-Term Investments
Other Short-Term Assets $1.500M $17.70M
YoY Change -87.6%
Inventory $7.036M $6.500M
Prepaid Expenses $270.0K
Receivables $22.60M
Other Receivables $521.0K
Total Short-Term Assets $36.27M $55.10M
YoY Change -15.64%
LONG-TERM ASSETS
Property, Plant & Equipment $806.0M $726.2M
YoY Change 55.38%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $14.05M $9.907M
YoY Change 242.63%
Total Long-Term Assets $820.0M $736.1M
YoY Change 56.85%
TOTAL ASSETS
Total Short-Term Assets $36.27M $55.10M
Total Long-Term Assets $820.0M $736.1M
Total Assets $856.3M $791.2M
YoY Change 51.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $39.49M $27.10M
YoY Change -43.1%
Accrued Expenses $64.51M $63.00M
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 $113.2M $90.47M
YoY Change 61.54%
LONG-TERM LIABILITIES
Long-Term Debt $216.3M $151.7M
YoY Change 8.91%
Other Long-Term Liabilities $573.0K $10.00M
YoY Change -97.0%
Total Long-Term Liabilities $390.0M $151.7M
YoY Change 79.14%
TOTAL LIABILITIES
Total Short-Term Liabilities $113.2M $90.47M
Total Long-Term Liabilities $390.0M $151.7M
Total Liabilities $503.2M $242.2M
YoY Change 74.85%
SHAREHOLDERS EQUITY
Retained Earnings -$184.7M -$166.9M
YoY Change
Common Stock $537.7M $537.0M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $353.1M $370.1M
YoY Change
Total Liabilities & Shareholders Equity $856.3M $791.2M
YoY Change 51.34%

Cashflow Statement

Concept 2012 Q3 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income -$17.80M -$112.4M $23.55M
YoY Change -136.7% -577.2%
Depreciation, Depletion And Amortization $30.69M $27.88M $21.27M
YoY Change 34.93% 31.11%
Cash From Operating Activities $34.70M $25.70M $40.30M
YoY Change -4.41% -36.23%
INVESTING ACTIVITIES
Capital Expenditures -$100.7M -$111.7M -$49.90M
YoY Change 66.72% 123.85%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities -$100.7M -$111.7M -$49.90M
YoY Change 66.72% 123.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 58.90M 88.60M 16.00M
YoY Change 147.48% 453.75%
NET CHANGE
Cash From Operating Activities 34.70M 25.70M 40.30M
Cash From Investing Activities -100.7M -111.7M -49.90M
Cash From Financing Activities 58.90M 88.60M 16.00M
Net Change In Cash -7.100M 2.600M 6.400M
YoY Change 2266.67% -59.37%
FREE CASH FLOW
Cash From Operating Activities $34.70M $25.70M $40.30M
Capital Expenditures -$100.7M -$111.7M -$49.90M
Free Cash Flow $135.4M $137.4M $90.20M
YoY Change 40.02% 52.33%

Facts In Submission

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