2015 Q3 Form 10-Q Financial Statement

#000151730215000061 Filed on November 02, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2014 Q3
Revenue $198.3M $212.4M
YoY Change -6.63% 19.27%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $127.8M $131.4M
YoY Change -2.74% 5.37%
% of Gross Profit
Research & Development $6.339M $5.735M
YoY Change 10.53% 65.56%
% of Gross Profit
Depreciation & Amortization $1.100M $900.0K
YoY Change 22.22% 12.5%
% of Gross Profit
Operating Expenses $127.8M $131.4M
YoY Change -2.76% 5.34%
Operating Profit $70.56M $81.02M
YoY Change -12.91% 51.83%
Interest Expense $2.971M $2.905M
YoY Change 2.27% 0.69%
% of Operating Profit 4.21% 3.59%
Other Income/Expense, Net -$8.777M -$2.556M
YoY Change 243.39% -126.75%
Pretax Income $61.78M $78.46M
YoY Change -21.26% 24.71%
Income Tax $11.63M $15.34M
% Of Pretax Income 18.83% 19.54%
Net Earnings $18.47M $20.44M
YoY Change -9.61% 241.96%
Net Earnings / Revenue 9.32% 9.62%
Basic Earnings Per Share $0.44 $0.57
Diluted Earnings Per Share $508.2K $0.57
COMMON SHARES
Basic Shares Outstanding 36.43M shares 30.37M shares
Diluted Shares Outstanding 30.37M shares

Balance Sheet

Concept 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $217.7M $228.0M
YoY Change -4.52% -17.36%
Cash & Equivalents $217.7M $228.0M
Short-Term Investments
Other Short-Term Assets $13.10M $12.60M
YoY Change 3.97% 18.87%
Inventory
Prepaid Expenses
Receivables $67.60M $67.50M
Other Receivables $0.00 $0.00
Total Short-Term Assets $298.4M $308.1M
YoY Change -3.15% -10.93%
LONG-TERM ASSETS
Property, Plant & Equipment $15.60M $14.00M
YoY Change 11.38% 64.89%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $9.800M $11.80M
YoY Change -16.95% -86.74%
Other Assets $687.1M $563.4M
YoY Change 21.96% 769.44%
Total Long-Term Assets $712.4M $675.9M
YoY Change 5.41% 245.03%
TOTAL ASSETS
Total Short-Term Assets $298.4M $308.1M
Total Long-Term Assets $712.4M $675.9M
Total Assets $1.011B $984.0M
YoY Change 2.73% 81.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $28.00M $37.80M
YoY Change -25.93% -11.89%
Accrued Expenses $75.80M $77.90M
YoY Change -2.7% -7.04%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $692.5M $602.2M
YoY Change 15.0% 233.26%
LONG-TERM LIABILITIES
Long-Term Debt $200.0M $200.0M
YoY Change 0.0% 0.0%
Other Long-Term Liabilities $35.30M
YoY Change -45.78%
Total Long-Term Liabilities $200.0M $235.3M
YoY Change -15.0% -11.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $692.5M $602.2M
Total Long-Term Liabilities $200.0M $235.3M
Total Liabilities $892.5M $837.6M
YoY Change 6.56% 87.87%
SHAREHOLDERS EQUITY
Retained Earnings $10.73M $13.88M
YoY Change -22.67% 61.35%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $122.5M $93.86M
YoY Change
Total Liabilities & Shareholders Equity $1.011B $984.0M
YoY Change 2.73% 81.61%

Cashflow Statement

Concept 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income $18.47M $20.44M
YoY Change -9.61% 241.96%
Depreciation, Depletion And Amortization $1.100M $900.0K
YoY Change 22.22% 12.5%
Cash From Operating Activities $84.30M $91.00M
YoY Change -7.36% 27.63%
INVESTING ACTIVITIES
Capital Expenditures -$800.0K -$3.500M
YoY Change -77.14% 483.33%
Acquisitions
YoY Change
Other Investing Activities $1.800M $6.400M
YoY Change -71.88%
Cash From Investing Activities $1.000M $2.900M
YoY Change -65.52% -583.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -83.00M -69.50M
YoY Change 19.42% 33.4%
NET CHANGE
Cash From Operating Activities 84.30M 91.00M
Cash From Investing Activities 1.000M 2.900M
Cash From Financing Activities -83.00M -69.50M
Net Change In Cash 2.300M 24.40M
YoY Change -90.57% 31.18%
FREE CASH FLOW
Cash From Operating Activities $84.30M $91.00M
Capital Expenditures -$800.0K -$3.500M
Free Cash Flow $85.10M $94.50M
YoY Change -9.95% 31.43%

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0 USD
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
67145 shares
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
554430000 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
176558000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
110876000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
132311000 USD
CY2014Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
146371000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
107499000 USD
CY2015Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
118303000 USD
CY2015Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
700000 USD
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30370892 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26177724 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36430820 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35032841 shares
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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0001517302-15-000061-index-headers.html Edgar Link pending
0001517302-15-000061-index.html Edgar Link pending
0001517302-15-000061.txt Edgar Link pending
0001517302-15-000061-xbrl.zip Edgar Link pending
apam-20150930.xml Edgar Link completed
apam-20150930.xsd Edgar Link pending
apam-20150930_cal.xml Edgar Link unprocessable
apam-20150930_def.xml Edgar Link unprocessable
apam-20150930_lab.xml Edgar Link unprocessable
apam-20150930_pre.xml Edgar Link unprocessable
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