2016 Q3 Form 10-Q Financial Statement

#000127518716000037 Filed on October 05, 2016

View on sec.gov

Income Statement

Concept 2016 Q3 2015 Q3
Revenue $88.10M $83.75M
YoY Change 5.19% -3.83%
Cost Of Revenue $43.07M $40.38M
YoY Change 6.65% -1.81%
Gross Profit $45.03M $43.37M
YoY Change 3.83% -5.64%
Gross Profit Margin 51.12% 51.78%
Selling, General & Admin $27.66M $29.11M
YoY Change -5.01% 3.79%
% of Gross Profit 61.41% 67.13%
Research & Development $6.709M $6.129M
YoY Change 9.46% -14.73%
% of Gross Profit 14.9% 14.13%
Depreciation & Amortization $6.150M $7.220M
YoY Change -14.82% 7.76%
% of Gross Profit 13.66% 16.65%
Operating Expenses $41.46M $43.16M
YoY Change -3.94% -1.15%
Operating Profit $3.572M $212.0K
YoY Change 1584.91% -90.8%
Interest Expense $719.0K $800.0K
YoY Change -10.13% 0.13%
% of Operating Profit 20.13% 377.36%
Other Income/Expense, Net -$669.0K -$917.0K
YoY Change -27.04% -24.09%
Pretax Income $2.903M -$705.0K
YoY Change -511.77% -164.32%
Income Tax $1.603M $70.00K
% Of Pretax Income 55.22%
Net Earnings $1.300M -$775.0K
YoY Change -267.74% -372.89%
Net Earnings / Revenue 1.48% -0.93%
Basic Earnings Per Share $0.04 -$0.02
Diluted Earnings Per Share $0.04 -$0.02
COMMON SHARES
Basic Shares Outstanding 36.32M shares 35.96M shares
Diluted Shares Outstanding 36.70M shares 35.96M shares

Balance Sheet

Concept 2016 Q3 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $37.22M $21.96M
YoY Change 69.48% 41.88%
Cash & Equivalents $35.57M $20.27M
Short-Term Investments $1.647M $1.692M
Other Short-Term Assets $4.800M $11.30M
YoY Change -57.52% -8.87%
Inventory $58.27M $74.33M
Prepaid Expenses
Receivables $50.12M $52.42M
Other Receivables $0.00 $0.00
Total Short-Term Assets $152.3M $160.0M
YoY Change -4.84% 5.83%
LONG-TERM ASSETS
Property, Plant & Equipment $47.23M $52.80M
YoY Change -10.55% -20.23%
Goodwill $361.3M $361.3M
YoY Change 0.0% 0.22%
Intangibles $162.3M $177.2M
YoY Change -8.41% -11.91%
Long-Term Investments
YoY Change
Other Assets $3.605M $4.928M
YoY Change -26.85% 49.7%
Total Long-Term Assets $574.4M $612.0M
YoY Change -6.13% -5.11%
TOTAL ASSETS
Total Short-Term Assets $152.3M $160.0M
Total Long-Term Assets $574.4M $612.0M
Total Assets $726.7M $772.0M
YoY Change -5.87% -3.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.65M $24.94M
YoY Change -37.26% -14.82%
Accrued Expenses $19.21M $15.17M
YoY Change 26.69% -13.45%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $17.50M $10.00M
YoY Change 75.0% 100.0%
Total Short-Term Liabilities $65.43M $60.80M
YoY Change 7.62% -4.03%
LONG-TERM LIABILITIES
Long-Term Debt $100.7M $126.4M
YoY Change -20.33% -7.33%
Other Long-Term Liabilities $1.100M $784.0K
YoY Change 40.31% 45.45%
Total Long-Term Liabilities $1.100M $784.0K
YoY Change 40.31% 45.45%
TOTAL LIABILITIES
Total Short-Term Liabilities $65.43M $60.80M
Total Long-Term Liabilities $1.100M $784.0K
Total Liabilities $214.0M $224.8M
YoY Change -4.81% -12.38%
SHAREHOLDERS EQUITY
Retained Earnings -$14.72M $26.80M
YoY Change -154.91% -14.23%
Common Stock $530.6M $523.4M
YoY Change 1.39% 2.41%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.104M $2.104M
YoY Change 0.0% 0.0%
Treasury Stock Shares 142.3K shares 142.3K shares
Shareholders Equity $512.7M $547.2M
YoY Change
Total Liabilities & Shareholders Equity $726.7M $772.0M
YoY Change -5.87% -3.04%

Cashflow Statement

Concept 2016 Q3 2015 Q3
OPERATING ACTIVITIES
Net Income $1.300M -$775.0K
YoY Change -267.74% -372.89%
Depreciation, Depletion And Amortization $6.150M $7.220M
YoY Change -14.82% 7.76%
Cash From Operating Activities $7.440M $4.699M
YoY Change 58.33% -4.92%
INVESTING ACTIVITIES
Capital Expenditures $481.0K $743.0K
YoY Change -35.26% -85.44%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities
YoY Change
Cash From Investing Activities -$480.0K -$743.0K
YoY Change -35.4% -84.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $2.500M $1.250M
YoY Change 100.0% 0.0%
Cash From Financing Activities -1.800M -$2.071M
YoY Change -13.09% -13.38%
NET CHANGE
Cash From Operating Activities 7.440M $4.699M
Cash From Investing Activities -480.0K -$743.0K
Cash From Financing Activities -1.800M -$2.071M
Net Change In Cash 5.160M $1.885M
YoY Change 173.74% -182.06%
FREE CASH FLOW
Cash From Operating Activities $7.440M $4.699M
Capital Expenditures $481.0K $743.0K
Free Cash Flow $6.959M $3.956M
YoY Change 75.91% -2541.98%

Facts In Submission

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0 USD
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0 USD
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111000 USD
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52000 USD
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66000 USD
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0 USD
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3000 USD
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1100000 USD
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13000 USD
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0 shares
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0 shares
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0 shares
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0 USD
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PreferredStockValue
0 USD
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3243000 USD
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2803000 USD
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568000 USD
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1279000 USD
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2500000 USD
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1388000 USD
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565000 USD
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2106000 USD
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88098000 USD
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21200000 USD
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6800000 shares
CY2016Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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729000 USD
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2531000 USD
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507228000 USD
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512717000 USD
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46000 USD
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16000 USD
CY2016Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
142305 shares
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TreasuryStockShares
142305 shares
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2104000 USD
CY2016Q3 us-gaap Treasury Stock Value
TreasuryStockValue
2104000 USD
CY2015Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2016Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
379000 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35960000 shares
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36698000 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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35960000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36319000 shares

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