2014 Q2 Form 10-Q Financial Statement

#000000684514000014 Filed on July 10, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q2
Revenue $210.9M $179.3M
YoY Change 17.61% 16.33%
Cost Of Revenue $169.4M $142.9M
YoY Change 18.56% 16.14%
Gross Profit $41.44M $36.39M
YoY Change 13.88% 17.09%
Gross Profit Margin 19.65% 20.29%
Selling, General & Admin $33.62M $30.27M
YoY Change 11.07% 5.26%
% of Gross Profit 81.14% 83.19%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.766M $6.511M
YoY Change 3.92% -0.26%
% of Gross Profit 16.33% 17.89%
Operating Expenses $33.62M $30.27M
YoY Change 11.07% 5.26%
Operating Profit $7.817M $6.115M
YoY Change 27.83% 163.81%
Interest Expense $193.0K $499.0K
YoY Change -61.32% 37.47%
% of Operating Profit 2.47% 8.16%
Other Income/Expense, Net $1.283M $69.00K
YoY Change 1759.42% 305.88%
Pretax Income $9.156M $5.859M
YoY Change 56.27% 161.1%
Income Tax $3.054M $1.700M
% Of Pretax Income 33.36% 29.02%
Net Earnings $6.102M $4.159M
YoY Change 46.72% 158.97%
Net Earnings / Revenue 2.89% 2.32%
Basic Earnings Per Share $0.21 $0.15
Diluted Earnings Per Share $0.21 $0.14
COMMON SHARES
Basic Shares Outstanding 28.78M shares 28.44M shares
Diluted Shares Outstanding 29.39M shares 29.34M shares

Balance Sheet

Concept 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $25.21M $66.92M
YoY Change -62.33% 52.44%
Cash & Equivalents $24.65M $37.15M
Short-Term Investments $564.0K $29.78M
Other Short-Term Assets $10.90M $9.300M
YoY Change 17.2% -56.34%
Inventory $50.42M $40.49M
Prepaid Expenses
Receivables $154.7M $117.4M
Other Receivables $0.00 $600.0K
Total Short-Term Assets $233.7M $234.7M
YoY Change -0.43% 7.55%
LONG-TERM ASSETS
Property, Plant & Equipment $197.1M $164.1M
YoY Change 20.17% 0.71%
Goodwill $78.56M $61.38M
YoY Change 27.99%
Intangibles $27.22M $13.07M
YoY Change 108.3%
Long-Term Investments $10.20M $11.90M
YoY Change -14.29% 15.53%
Other Assets $9.877M $7.883M
YoY Change 25.29% -70.59%
Total Long-Term Assets $324.8M $262.7M
YoY Change 23.65% -5.31%
TOTAL ASSETS
Total Short-Term Assets $233.7M $234.7M
Total Long-Term Assets $324.8M $262.7M
Total Assets $558.4M $497.3M
YoY Change 12.29% 0.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $47.03M $32.48M
YoY Change 44.79% -3.61%
Accrued Expenses $27.10M $21.30M
YoY Change 27.23% -42.59%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $52.00K $58.00K
YoY Change -10.34% -42.0%
Total Short-Term Liabilities $129.1M $96.74M
YoY Change 33.41% -2.68%
LONG-TERM LIABILITIES
Long-Term Debt $20.66M $20.75M
YoY Change -0.42% -32.86%
Other Long-Term Liabilities $32.58M $26.10M
YoY Change 24.85% -37.72%
Total Long-Term Liabilities $53.24M $46.84M
YoY Change 13.66% -35.66%
TOTAL LIABILITIES
Total Short-Term Liabilities $129.1M $96.74M
Total Long-Term Liabilities $53.24M $46.84M
Total Liabilities $182.3M $143.6M
YoY Change 26.97% -17.81%
SHAREHOLDERS EQUITY
Retained Earnings $224.4M $210.5M
YoY Change 6.6%
Common Stock $9.701M $9.580M
YoY Change 1.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $356.7M $335.8M
YoY Change
Total Liabilities & Shareholders Equity $558.4M $497.3M
YoY Change 12.29% 0.35%

Cashflow Statement

Concept 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income $6.102M $4.159M
YoY Change 46.72% 158.97%
Depreciation, Depletion And Amortization $6.766M $6.511M
YoY Change 3.92% -0.26%
Cash From Operating Activities $1.200M -$2.200M
YoY Change -154.55% -71.43%
INVESTING ACTIVITIES
Capital Expenditures $8.738M $1.512M
YoY Change 477.91% -84.1%
Acquisitions
YoY Change
Other Investing Activities $1.400M $15.90M
YoY Change -91.19% -178.33%
Cash From Investing Activities -$7.355M $14.34M
YoY Change -151.29% -148.16%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $863.0K $0.00
YoY Change
Debt Paid & Issued, Net $12.00K $10.02M
YoY Change -99.88% 22155.56%
Cash From Financing Activities -$5.528M -$12.83M
YoY Change -56.93% -302.84%
NET CHANGE
Cash From Operating Activities 1.200M -2.200M
Cash From Investing Activities -$7.355M $14.34M
Cash From Financing Activities -$5.528M -$12.83M
Net Change In Cash -$12.88M $1.507M
YoY Change -954.88% -106.43%
FREE CASH FLOW
Cash From Operating Activities $1.200M -$2.200M
Capital Expenditures $8.738M $1.512M
Free Cash Flow -$7.538M -$3.712M
YoY Change 103.07% -78.43%

Facts In Submission

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Files In Submission

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