2013 Q2 Form 10-Q Financial Statement

#000000684513000018 Filed on July 11, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q2
Revenue $179.3M $154.1M
YoY Change 16.33% 0.52%
Cost Of Revenue $142.9M $123.1M
YoY Change 16.14% -5.12%
Gross Profit $36.39M $31.08M
YoY Change 17.09% 31.2%
Gross Profit Margin 20.29% 20.16%
Selling, General & Admin $30.27M $28.76M
YoY Change 5.26% 6.11%
% of Gross Profit 83.19% 92.54%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.511M $6.528M
YoY Change -0.26% -6.74%
% of Gross Profit 17.89% 21.01%
Operating Expenses $30.27M $28.76M
YoY Change 5.26% 6.11%
Operating Profit $6.115M $2.318M
YoY Change 163.81% -167.9%
Interest Expense $499.0K $363.0K
YoY Change 37.47%
% of Operating Profit 8.16% 15.66%
Other Income/Expense, Net $69.00K $17.00K
YoY Change 305.88%
Pretax Income $5.859M $2.244M
YoY Change 161.1% -164.11%
Income Tax $1.700M $638.0K
% Of Pretax Income 29.02% 28.43%
Net Earnings $4.159M $1.606M
YoY Change 158.97% -173.77%
Net Earnings / Revenue 2.32% 1.04%
Basic Earnings Per Share $0.15 $0.06
Diluted Earnings Per Share $0.14 $0.06
COMMON SHARES
Basic Shares Outstanding 28.44M shares 27.79M shares
Diluted Shares Outstanding 29.34M shares 28.22M shares

Balance Sheet

Concept 2013 Q2 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $66.92M $43.90M
YoY Change 52.44% 136.02%
Cash & Equivalents $37.15M $23.03M
Short-Term Investments $29.78M $20.90M
Other Short-Term Assets $9.300M $21.30M
YoY Change -56.34% -33.02%
Inventory $40.49M $38.90M
Prepaid Expenses
Receivables $117.4M $112.0M
Other Receivables $600.0K $2.100M
Total Short-Term Assets $234.7M $218.2M
YoY Change 7.55% 5.41%
LONG-TERM ASSETS
Property, Plant & Equipment $164.1M $162.9M
YoY Change 0.71% -4.63%
Goodwill $61.38M
YoY Change
Intangibles $13.07M
YoY Change
Long-Term Investments $11.90M $10.30M
YoY Change 15.53% -31.33%
Other Assets $7.883M $26.80M
YoY Change -70.59% 18.06%
Total Long-Term Assets $262.7M $277.4M
YoY Change -5.31% -5.65%
TOTAL ASSETS
Total Short-Term Assets $234.7M $218.2M
Total Long-Term Assets $262.7M $277.4M
Total Assets $497.3M $495.6M
YoY Change 0.35% -1.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $32.48M $33.70M
YoY Change -3.61% -9.16%
Accrued Expenses $21.30M $37.10M
YoY Change -42.59% -12.09%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $58.00K $100.0K
YoY Change -42.0% -90.0%
Total Short-Term Liabilities $96.74M $99.40M
YoY Change -2.68% -1.19%
LONG-TERM LIABILITIES
Long-Term Debt $20.75M $30.90M
YoY Change -32.86% 45.07%
Other Long-Term Liabilities $26.10M $41.90M
YoY Change -37.72% -10.28%
Total Long-Term Liabilities $46.84M $72.80M
YoY Change -35.66% 7.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $96.74M $99.40M
Total Long-Term Liabilities $46.84M $72.80M
Total Liabilities $143.6M $174.7M
YoY Change -17.81% -1.63%
SHAREHOLDERS EQUITY
Retained Earnings $210.5M
YoY Change
Common Stock $9.580M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $335.8M $320.9M
YoY Change
Total Liabilities & Shareholders Equity $497.3M $495.6M
YoY Change 0.35% -1.08%

Cashflow Statement

Concept 2013 Q2 2012 Q2
OPERATING ACTIVITIES
Net Income $4.159M $1.606M
YoY Change 158.97% -173.77%
Depreciation, Depletion And Amortization $6.511M $6.528M
YoY Change -0.26% -6.74%
Cash From Operating Activities -$2.200M -$7.700M
YoY Change -71.43% -67.65%
INVESTING ACTIVITIES
Capital Expenditures $1.512M $9.509M
YoY Change -84.1% -694.31%
Acquisitions
YoY Change
Other Investing Activities $15.90M -$20.30M
YoY Change -178.33% -267.77%
Cash From Investing Activities $14.34M -$29.78M
YoY Change -148.16% -383.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net $10.02M $45.00K
YoY Change 22155.56%
Cash From Financing Activities -$12.83M $6.327M
YoY Change -302.84% -803.0%
NET CHANGE
Cash From Operating Activities -2.200M -7.700M
Cash From Investing Activities $14.34M -$29.78M
Cash From Financing Activities -$12.83M $6.327M
Net Change In Cash $1.507M -$23.45M
YoY Change -106.43% 65.16%
FREE CASH FLOW
Cash From Operating Activities -$2.200M -$7.700M
Capital Expenditures $1.512M $9.509M
Free Cash Flow -$3.712M -$17.21M
YoY Change -78.43% -22.48%

Facts In Submission

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CY2013Q2 apog Mutual Fund Investments Fair Value Disclosure
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CY2013Q2 apog Performance Shares Previously Granted
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CY2012Q2 apog Shares Withheld For Taxes Net Of Stock Issued To Employees
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817000 USD
CY2013Q2 dei Amendment Flag
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false
CY2013Q2 dei Document Period End Date
DocumentPeriodEndDate
2013-06-01
CY2013Q2 dei Document Type
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CY2013Q2 dei Entity Common Stock Shares Outstanding
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CY2013Q2 dei Entity Filer Category
EntityFilerCategory
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CY2013Q2 dei Entity Registrant Name
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APOGEE ENTERPRISES, INC.
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DerivativeNotionalAmount
24300000 USD

Files In Submission

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