2017 Q3 Form 10-Q Financial Statement

#000146241817000039 Filed on October 26, 2017

View on sec.gov

Income Statement

Concept 2017 Q3 2016 Q3
Revenue $235.0M $252.7M
YoY Change -7.03% -7.34%
Cost Of Revenue $174.9M $174.0M
YoY Change 0.51% 0.09%
Gross Profit $60.08M $78.74M
YoY Change -23.7% -20.4%
Gross Profit Margin 25.57% 31.16%
Selling, General & Admin $46.62M $53.89M
YoY Change -13.48% 4.96%
% of Gross Profit 77.6% 68.43%
Research & Development $10.39M $11.50M
YoY Change -9.68% 8.2%
% of Gross Profit 17.29% 14.61%
Depreciation & Amortization $17.10M $20.60M
YoY Change -16.99% 6.74%
% of Gross Profit 28.46% 26.16%
Operating Expenses $57.01M $65.39M
YoY Change -12.81% 5.52%
Operating Profit $13.46M $24.86M
YoY Change -45.85% -47.77%
Interest Expense $5.599M $5.952M
YoY Change -5.93% -15.47%
% of Operating Profit 41.6% 23.94%
Other Income/Expense, Net -$3.102M -$6.061M
YoY Change -48.82% -5.12%
Pretax Income $10.36M $18.80M
YoY Change -44.9% -54.38%
Income Tax $2.591M $7.324M
% Of Pretax Income 25.02% 38.97%
Net Earnings $7.766M $11.47M
YoY Change -32.3% -69.73%
Net Earnings / Revenue 3.3% 4.54%
Basic Earnings Per Share $0.39 $0.57
Diluted Earnings Per Share $0.38 $0.54
COMMON SHARES
Basic Shares Outstanding 18.02M shares 18.72M shares
Diluted Shares Outstanding 18.43M shares 19.57M shares

Balance Sheet

Concept 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $184.8M $188.8M
YoY Change -2.12% 25.78%
Cash & Equivalents $114.1M $134.9M
Short-Term Investments $70.70M $53.90M
Other Short-Term Assets $9.647M $6.721M
YoY Change 43.54% 24.58%
Inventory
Prepaid Expenses $7.712M $6.166M
Receivables $63.18M $101.6M
Other Receivables $13.20M $3.100M
Total Short-Term Assets $283.2M $313.6M
YoY Change -9.69% 2.58%
LONG-TERM ASSETS
Property, Plant & Equipment $80.82M $109.8M
YoY Change -26.38% -10.32%
Goodwill $86.28M $89.91M
YoY Change -4.03% -25.75%
Intangibles
YoY Change
Long-Term Investments $5.200M $5.600M
YoY Change -7.14% -1.75%
Other Assets $10.57M $12.19M
YoY Change -13.31% -40.7%
Total Long-Term Assets $313.2M $379.7M
YoY Change -17.52% -21.11%
TOTAL ASSETS
Total Short-Term Assets $283.2M $313.6M
Total Long-Term Assets $313.2M $379.7M
Total Assets $596.4M $693.3M
YoY Change -13.98% -11.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.25M $16.94M
YoY Change -27.68% 98.48%
Accrued Expenses $28.79M $34.15M
YoY Change -15.69% 28.38%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $5.945M $5.945M
YoY Change 0.0% 0.0%
Total Short-Term Liabilities $110.0M $132.1M
YoY Change -16.7% 12.68%
LONG-TERM LIABILITIES
Long-Term Debt $414.4M $468.7M
YoY Change -11.58% -15.05%
Other Long-Term Liabilities $7.796M $13.79M
YoY Change -43.47% -22.96%
Total Long-Term Liabilities $422.2M $482.5M
YoY Change -12.49% -15.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $110.0M $132.1M
Total Long-Term Liabilities $422.2M $482.5M
Total Liabilities $532.3M $614.6M
YoY Change -13.39% -10.52%
SHAREHOLDERS EQUITY
Retained Earnings $342.1M $359.4M
YoY Change -4.82% -16.6%
Common Stock $136.9M $126.4M
YoY Change 8.26% 5.2%
Preferred Stock
YoY Change
Treasury Stock (at cost) $414.7M $406.6M
YoY Change 1.99% -10.65%
Treasury Stock Shares 7.508M shares 6.535M shares
Shareholders Equity $62.78M $77.15M
YoY Change
Total Liabilities & Shareholders Equity $596.4M $693.3M
YoY Change -13.98% -11.91%

Cashflow Statement

Concept 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $7.766M $11.47M
YoY Change -32.3% -69.73%
Depreciation, Depletion And Amortization $17.10M $20.60M
YoY Change -16.99% 6.74%
Cash From Operating Activities $34.60M $36.60M
YoY Change -5.46% -32.72%
INVESTING ACTIVITIES
Capital Expenditures -$1.800M -$4.100M
YoY Change -56.1% -34.92%
Acquisitions
YoY Change
Other Investing Activities -$9.400M
YoY Change -9.62%
Cash From Investing Activities -$1.800M -$13.40M
YoY Change -86.57% -19.76%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -33.00M -8.700M
YoY Change 279.31% -50.57%
NET CHANGE
Cash From Operating Activities 34.60M 36.60M
Cash From Investing Activities -1.800M -13.40M
Cash From Financing Activities -33.00M -8.700M
Net Change In Cash -200.0K 14.50M
YoY Change -101.38% -27.86%
FREE CASH FLOW
Cash From Operating Activities $34.60M $36.60M
Capital Expenditures -$1.800M -$4.100M
Free Cash Flow $36.40M $40.70M
YoY Change -10.57% -32.95%

Facts In Submission

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34321000 USD
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19738000 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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18854000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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18023000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18337000 shares

Files In Submission

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