2015 Q2 Form 10-Q Financial Statement

#000151730215000042 Filed on August 03, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q2
Revenue $211.6M $208.5M
YoY Change 1.48% 28.75%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $133.3M $127.7M
YoY Change 4.39% 12.51%
% of Gross Profit
Research & Development $6.441M $5.483M
YoY Change 17.47% 55.99%
% of Gross Profit
Depreciation & Amortization $1.100M $700.0K
YoY Change 57.14% -12.5%
% of Gross Profit
Operating Expenses $133.3M $127.7M
YoY Change 4.39% 12.43%
Operating Profit $78.31M $80.83M
YoY Change -3.11% 67.05%
Interest Expense $2.978M $2.902M
YoY Change 2.62% 0.38%
% of Operating Profit 3.8% 3.59%
Other Income/Expense, Net -$2.558M -$8.252M
YoY Change -69.0% -282.61%
Pretax Income $75.76M $72.57M
YoY Change 4.38% 37.18%
Income Tax $16.50M $8.650M
% Of Pretax Income 21.78% 11.92%
Net Earnings $23.74M $19.26M
YoY Change 23.24% 232.18%
Net Earnings / Revenue 11.22% 9.24%
Basic Earnings Per Share $0.50 $0.42
Diluted Earnings Per Share $645.8K $0.42
COMMON SHARES
Basic Shares Outstanding 35.99M shares 27.84M shares
Diluted Shares Outstanding 27.84M shares

Balance Sheet

Concept 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $215.5M $203.6M
YoY Change 5.84% -20.9%
Cash & Equivalents $215.5M $203.6M
Short-Term Investments
Other Short-Term Assets $13.70M $12.80M
YoY Change 7.03% 58.02%
Inventory
Prepaid Expenses
Receivables $76.70M $65.00M
Other Receivables $0.00 $0.00
Total Short-Term Assets $305.9M $281.4M
YoY Change 8.71% -11.87%
LONG-TERM ASSETS
Property, Plant & Equipment $15.90M $11.55M
YoY Change 37.7% 32.23%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $13.10M $18.30M
YoY Change -28.42% -77.76%
Other Assets $683.4M $538.4M
YoY Change 26.93% 734.73%
Total Long-Term Assets $712.4M $651.2M
YoY Change 9.4% 279.34%
TOTAL ASSETS
Total Short-Term Assets $305.9M $281.4M
Total Long-Term Assets $712.4M $651.2M
Total Assets $1.018B $932.6M
YoY Change 9.19% 89.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $33.00M $42.30M
YoY Change -21.99% -15.9%
Accrued Expenses $73.80M $71.10M
YoY Change 3.8% 1.43%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $706.3M $577.2M
YoY Change 22.37% 231.72%
LONG-TERM LIABILITIES
Long-Term Debt $200.0M $200.0M
YoY Change 0.0% 0.0%
Other Long-Term Liabilities $31.00M
YoY Change -43.33%
Total Long-Term Liabilities $200.0M $231.0M
YoY Change -13.42% -9.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $706.3M $577.2M
Total Long-Term Liabilities $200.0M $231.0M
Total Liabilities $906.3M $808.2M
YoY Change 12.13% 88.51%
SHAREHOLDERS EQUITY
Retained Earnings $15.84M -$5.173M
YoY Change -406.21% -159.13%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $118.4M $79.66M
YoY Change
Total Liabilities & Shareholders Equity $1.018B $932.6M
YoY Change 9.19% 89.95%

Cashflow Statement

Concept 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income $23.74M $19.26M
YoY Change 23.24% 232.18%
Depreciation, Depletion And Amortization $1.100M $700.0K
YoY Change 57.14% -12.5%
Cash From Operating Activities $85.60M $87.90M
YoY Change -2.62% 16.42%
INVESTING ACTIVITIES
Capital Expenditures -$1.400M -$2.500M
YoY Change -44.0% 257.14%
Acquisitions
YoY Change
Other Investing Activities -$5.800M $0.00
YoY Change -100.0%
Cash From Investing Activities -$7.200M -$2.500M
YoY Change 188.0% -32.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -78.10M -90.20M
YoY Change -13.41% 568.15%
NET CHANGE
Cash From Operating Activities 85.60M 87.90M
Cash From Investing Activities -7.200M -2.500M
Cash From Financing Activities -78.10M -90.20M
Net Change In Cash 300.0K -4.800M
YoY Change -106.25% -108.23%
FREE CASH FLOW
Cash From Operating Activities $85.60M $87.90M
Capital Expenditures -$1.400M -$2.500M
Free Cash Flow $87.00M $90.40M
YoY Change -3.76% 18.64%

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us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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us-gaap Profit Loss
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CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Basis Of Accounting
BasisOfAccounting
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Basis of presentation</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">The accompanying financial statements are unaudited. In the opinion of management, all adjustments, consisting only of normal recurring adjustments, necessary for a fair statement of such consolidated financial statements have been included. Such interim results are not necessarily indicative of full year results. </font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">The consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (&#8220;U.S. GAAP&#8221;) for interim financial reporting and accordingly they do not include all of the information and footnotes required in the annual consolidated financial statements and accompanying footnotes. The year-end condensed balance sheet data was derived from audited financial statements, but does not include all disclosures required by U.S. GAAP. As a result, the interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements included in APAM&#8217;s latest annual report on Form 10-K. </font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">The accompanying financial statements were prepared in accordance with U.S. GAAP and related rules and regulations of the SEC. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates or assumptions that affect the reported amounts and disclosures in the financial statements. Actual results could differ from these estimates or assumptions.</font></div></div>

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0001517302-15-000042.txt Edgar Link pending
0001517302-15-000042-xbrl.zip Edgar Link pending
apam-20150630.xml Edgar Link completed
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