2024 Q3 Form 10-Q Financial Statement

#000167398524000107 Filed on August 02, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $398.2M $453.5M
YoY Change 23.31% 5.97%
Cost Of Revenue $340.9M $372.1M
YoY Change 8.29% 3.36%
Gross Profit $57.30M $81.37M
YoY Change 605.52% 19.79%
Gross Profit Margin 14.39% 17.94%
Selling, General & Admin $24.27M $24.43M
YoY Change 12.42% 1.75%
% of Gross Profit 42.35% 30.03%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $18.93M $19.16M
YoY Change 3.46% 5.79%
% of Gross Profit 33.04% 23.55%
Operating Expenses $24.27M $24.43M
YoY Change 12.42% 1.75%
Operating Profit $33.04M $56.94M
YoY Change -345.39% 29.66%
Interest Expense -$2.924M -$3.514M
YoY Change 39.24% 79.84%
% of Operating Profit -8.85% -6.17%
Other Income/Expense, Net -$368.0K -$1.351M
YoY Change -106.71% -201.96%
Pretax Income $29.75M $52.07M
YoY Change -395.88% 20.31%
Income Tax $7.500M $13.10M
% Of Pretax Income 25.21% 25.16%
Net Earnings $22.27M $38.93M
YoY Change -379.13% 18.94%
Net Earnings / Revenue 5.59% 8.58%
Basic Earnings Per Share $0.83 $1.45
Diluted Earnings Per Share $0.82 $1.43
COMMON SHARES
Basic Shares Outstanding 26.71M shares 26.82M shares
Diluted Shares Outstanding 27.20M shares 27.15M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $17.30M $12.11M
YoY Change -21.73% 14.89%
Cash & Equivalents $17.30M $12.11M
Short-Term Investments
Other Short-Term Assets $15.61M $20.33M
YoY Change -3.96% 1.41%
Inventory $213.4M $175.8M
Prepaid Expenses
Receivables $149.1M $160.6M
Other Receivables $375.0K $9.733M
Total Short-Term Assets $395.8M $378.6M
YoY Change -4.34% -7.92%
LONG-TERM ASSETS
Property, Plant & Equipment $983.3M $970.4M
YoY Change 5.43% 4.71%
Goodwill $56.19M $56.19M
YoY Change 0.0% 0.0%
Intangibles $43.91M $44.67M
YoY Change -6.49% -6.39%
Long-Term Investments
YoY Change
Other Assets $31.05M $28.13M
YoY Change 15.38% 11.44%
Total Long-Term Assets $1.114B $1.099B
YoY Change 4.87% 4.12%
TOTAL ASSETS
Total Short-Term Assets $395.8M $378.6M
Total Long-Term Assets $1.114B $1.099B
Total Assets $1.510B $1.478B
YoY Change 2.29% 0.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $207.3M $189.3M
YoY Change -10.1% -14.0%
Accrued Expenses $55.78M $50.22M
YoY Change 35.06% 15.96%
Deferred Revenue $1.517M $1.148M
YoY Change -37.18% -50.79%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $295.1M $273.0M
YoY Change -4.16% -9.06%
LONG-TERM LIABILITIES
Long-Term Debt $215.0M $230.0M
YoY Change 26.47% 64.29%
Other Long-Term Liabilities $79.00M $76.60M
YoY Change -4.36% -13.21%
Total Long-Term Liabilities $294.0M $306.6M
YoY Change 16.39% 34.32%
TOTAL LIABILITIES
Total Short-Term Liabilities $295.1M $273.0M
Total Long-Term Liabilities $294.0M $306.6M
Total Liabilities $743.8M $731.4M
YoY Change 3.03% 5.59%
SHAREHOLDERS EQUITY
Retained Earnings $635.6M $617.7M
YoY Change 3.43% -1.46%
Common Stock $135.1M $133.1M
YoY Change -6.39% -12.44%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $766.4M $746.6M
YoY Change
Total Liabilities & Shareholders Equity $1.510B $1.478B
YoY Change 2.29% 0.75%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $22.27M $38.93M
YoY Change -379.13% 18.94%
Depreciation, Depletion And Amortization $18.93M $19.16M
YoY Change 3.46% 5.79%
Cash From Operating Activities $57.25M $50.20M
YoY Change 175.24% 43.41%
INVESTING ACTIVITIES
Capital Expenditures $30.49M $33.49M
YoY Change 21.47% 73.63%
Acquisitions
YoY Change
Other Investing Activities -$2.317M -$2.317M
YoY Change 479.25% 124.73%
Cash From Investing Activities -$32.81M -$35.81M
YoY Change 28.65% 76.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -19.25M -22.92M
YoY Change -218.1% 283.72%
NET CHANGE
Cash From Operating Activities 57.25M 50.20M
Cash From Investing Activities -32.81M -35.81M
Cash From Financing Activities -19.25M -22.92M
Net Change In Cash 5.193M -8.528M
YoY Change -55.23% -197.91%
FREE CASH FLOW
Cash From Operating Activities $57.25M $50.20M
Capital Expenditures $30.49M $33.49M
Free Cash Flow $26.76M $16.71M
YoY Change -722.33% 6.31%

Facts In Submission

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Files In Submission

Name View Source Status
0001673985-24-000107-index-headers.html Edgar Link pending
0001673985-24-000107-index.html Edgar Link pending
0001673985-24-000107.txt Edgar Link pending
0001673985-24-000107-xbrl.zip Edgar Link pending
a10q2024exhibit311ceo.htm Edgar Link pending
a10q2024exhibit312cfo.htm Edgar Link pending
a10q2024exhibit321ceosox.htm Edgar Link pending
a10q2024exhibit322cfosox.htm Edgar Link pending
asix-20240630.htm Edgar Link pending
asix-20240630.xsd Edgar Link pending
exhibit101_amendment3tosha.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
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