2011 Q3 Form 10-K Financial Statement

#000072050011000030 Filed on November 17, 2011

View on sec.gov

Income Statement

Concept 2011 Q3 2010 Q3 2009
Revenue $59.87M $45.41M $52.97M
YoY Change 31.84% 289.12% -34.03%
Cost Of Revenue $39.63M $27.76M $37.95M
YoY Change 42.76% 219.82% -33.76%
Gross Profit $20.24M $17.65M $15.02M
YoY Change 14.69% 490.3% -34.7%
Gross Profit Margin 33.81% 38.87% 28.35%
Selling, General & Admin $10.06M $7.860M $14.77M
YoY Change 27.99% 127.83% -16.58%
% of Gross Profit 49.7% 44.53% 98.32%
Research & Development $2.070M $860.0K $509.0K
YoY Change 140.7% -4400.0% -53.73%
% of Gross Profit 10.23% 4.87% 3.39%
Depreciation & Amortization $810.0K $480.0K $1.559M
YoY Change 68.75% 14.29% 16.34%
% of Gross Profit 4.0% 2.72% 10.38%
Operating Expenses $12.12M $8.720M $15.28M
YoY Change 38.99% 154.23% -18.75%
Operating Profit $8.122M $8.930M -$1.938M
YoY Change -9.05% -2129.55% -146.14%
Interest Expense -$2.950M $100.0K -$100.0K
YoY Change -3050.0% -211.11% -114.29%
% of Operating Profit -36.32% 1.12%
Other Income/Expense, Net -$71.00K
YoY Change
Pretax Income $5.170M $9.030M -$2.009M
YoY Change -42.75% -1836.54% -144.64%
Income Tax $2.600M $3.630M -$420.0K
% Of Pretax Income 50.29% 40.2%
Net Earnings $3.075M $5.400M -$1.589M
YoY Change -43.06% -2800.0% -154.79%
Net Earnings / Revenue 5.14% 11.89% -3.0%
Basic Earnings Per Share $0.32 -$0.18
Diluted Earnings Per Share $0.31 $575.7K -$0.18
COMMON SHARES
Basic Shares Outstanding 9.581M shares 9.019M shares
Diluted Shares Outstanding 9.778M shares 9.019M shares

Balance Sheet

Concept 2011 Q3 2010 Q3 2009
SHORT-TERM ASSETS
Cash & Short-Term Investments $67.40M $56.80M $42.30M
YoY Change 18.66% 34.28% 12.8%
Cash & Equivalents $67.38M $56.76M $42.30M
Short-Term Investments
Other Short-Term Assets $4.647M $2.568M $4.600M
YoY Change 80.96% -44.17% -42.5%
Inventory $37.16M $24.32M $13.50M
Prepaid Expenses
Receivables $14.45M $9.252M $13.60M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $174.9M $116.5M $73.90M
YoY Change 50.15% 57.58% -12.44%
LONG-TERM ASSETS
Property, Plant & Equipment $12.68M $9.577M $8.500M
YoY Change 32.4% 12.67% 1.19%
Goodwill $13.31M $4.839M
YoY Change 175.12%
Intangibles $5.021M $2.571M
YoY Change 95.29%
Long-Term Investments
YoY Change
Other Assets $0.00 $2.700M $1.100M
YoY Change -100.0% 145.45% 57.14%
Total Long-Term Assets $31.01M $19.65M $18.60M
YoY Change 57.86% 5.63% 3.33%
TOTAL ASSETS
Total Short-Term Assets $174.9M $116.5M $73.90M
Total Long-Term Assets $31.01M $19.65M $18.60M
Total Assets $205.9M $136.1M $92.50M
YoY Change 51.26% 47.14% -9.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.928M $12.45M $4.200M
YoY Change -28.27% 196.33% -35.38%
Accrued Expenses $6.775M $1.605M $6.000M
YoY Change 322.12% -73.25% -26.83%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $100.0K
YoY Change 0.0%
Total Short-Term Liabilities $80.79M $50.82M $18.10M
YoY Change 58.99% 180.75% -30.92%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $200.0K
YoY Change -100.0% -33.33%
Other Long-Term Liabilities $0.00 $32.00K $500.0K
YoY Change -100.0% -93.6% 25.0%
Total Long-Term Liabilities $0.00 $32.00K $700.0K
YoY Change -100.0% -95.43% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $80.79M $50.82M $18.10M
Total Long-Term Liabilities $0.00 $32.00K $700.0K
Total Liabilities $83.53M $51.86M $18.70M
YoY Change 61.08% 177.32% -32.73%
SHAREHOLDERS EQUITY
Retained Earnings $35.10M $12.21M
YoY Change 187.34%
Common Stock $94.00K $92.00K
YoY Change 2.17%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $116.3M $84.24M $73.80M
YoY Change
Total Liabilities & Shareholders Equity $205.9M $136.1M $92.50M
YoY Change 51.26% 47.14% -9.67%

Cashflow Statement

Concept 2011 Q3 2010 Q3 2009
OPERATING ACTIVITIES
Net Income $3.075M $5.400M -$1.589M
YoY Change -43.06% -2800.0% -154.79%
Depreciation, Depletion And Amortization $810.0K $480.0K $1.559M
YoY Change 68.75% 14.29% 16.34%
Cash From Operating Activities $10.07M $9.930M $7.571M
YoY Change 1.41% 254.64% -391.19%
INVESTING ACTIVITIES
Capital Expenditures -$640.0K $160.0K $1.148M
YoY Change -500.0% -260.0% -132.43%
Acquisitions $645.0K
YoY Change
Other Investing Activities $0.00 $1.000M $0.00
YoY Change -100.0% -5100.0% -100.0%
Cash From Investing Activities -$640.0K $1.160M -$1.948M
YoY Change -155.17% -1066.67% -83.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $445.0K
YoY Change -98.69%
Debt Paid & Issued, Net $145.0K
YoY Change
Cash From Financing Activities 100.0K 1.320M -$590.0K
YoY Change -92.42% -6700.0% -101.77%
NET CHANGE
Cash From Operating Activities 10.07M 9.930M $7.571M
Cash From Investing Activities -640.0K 1.160M -$1.948M
Cash From Financing Activities 100.0K 1.320M -$590.0K
Net Change In Cash 9.530M 12.41M $5.033M
YoY Change -23.21% 366.54% -73.61%
FREE CASH FLOW
Cash From Operating Activities $10.07M $9.930M $7.571M
Capital Expenditures -$640.0K $160.0K $1.148M
Free Cash Flow $10.71M $9.770M $6.423M
YoY Change 9.62% 236.9% 583.3%

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0 USD
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PaymentsToAcquireNotesReceivable
1000000 USD
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PaymentsToAcquireNotesReceivable
0 USD
CY2010 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2929000 USD
CY2011 us-gaap Payments To Acquire Property Plant And Equipment
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CY2009 us-gaap Payments To Acquire Property Plant And Equipment
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CY2010Q3 us-gaap Preferred Stock Shares Authorized
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CY2010Q3 us-gaap Preferred Stock Shares Issued
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CY2010Q3 us-gaap Preferred Stock Value
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0 USD
CY2011Q3 us-gaap Preferred Stock Value
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0 USD
CY2011Q3 us-gaap Prepaid Taxes
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4260000 USD
CY2010Q3 us-gaap Prepaid Taxes
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0 USD
CY2009 us-gaap Proceeds From Collection Of Notes Receivable
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0 USD
CY2011 us-gaap Proceeds From Collection Of Notes Receivable
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0 USD
CY2010 us-gaap Proceeds From Collection Of Notes Receivable
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1000000 USD
CY2011 us-gaap Proceeds From Income Tax Refunds
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282000 USD
CY2009 us-gaap Proceeds From Income Tax Refunds
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1450000 USD
CY2010 us-gaap Proceeds From Income Tax Refunds
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665000 USD
CY2010 us-gaap Proceeds From Issuance Of Common Stock
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1328000 USD
CY2011 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1330000 USD
CY2009 us-gaap Proceeds From Issuance Of Common Stock
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3000 USD
CY2011Q3 us-gaap Product Warranty Accrual Classified Current
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2265000 USD
CY2010Q3 us-gaap Product Warranty Accrual Classified Current
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1843000 USD
CY2009 us-gaap Profit Loss
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-1589000 USD
CY2011 us-gaap Profit Loss
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22119000 USD
CY2010 us-gaap Profit Loss
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9563000 USD
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9577000 USD
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12680000 USD
CY2011 us-gaap Provision For Doubtful Accounts
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139000 USD
CY2010 us-gaap Provision For Doubtful Accounts
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-56000 USD
CY2009 us-gaap Provision For Doubtful Accounts
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-57000 USD
CY2011 us-gaap Repayments Of Long Term Debt
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127000 USD
CY2009 us-gaap Repayments Of Long Term Debt
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145000 USD
CY2010 us-gaap Repayments Of Long Term Debt
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117000 USD
CY2010 us-gaap Research And Development Expense
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2118000 USD
CY2009 us-gaap Research And Development Expense
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509000 USD
CY2011 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5784000 USD
CY2010Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
6192000 USD
CY2011Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
6571000 USD
CY2010 us-gaap Restructuring Settlement And Impairment Provisions
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610000 USD
CY2011 us-gaap Restructuring Settlement And Impairment Provisions
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0 USD
CY2009 us-gaap Restructuring Settlement And Impairment Provisions
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1682000 USD
CY2010Q3 us-gaap Retained Earnings Accumulated Deficit
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12214000 USD
CY2011Q3 us-gaap Retained Earnings Accumulated Deficit
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35096000 USD
CY2009 us-gaap Sales Revenue Net
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52973000 USD
CY2011 us-gaap Sales Revenue Net
SalesRevenueNet
246705000 USD
CY2010 us-gaap Sales Revenue Net
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120019000 USD
CY2009 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
14766000 USD
CY2011 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
43739000 USD
CY2010 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
24075000 USD
CY2009 us-gaap Share Based Compensation
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711000 USD
CY2010 us-gaap Share Based Compensation
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987000 USD
CY2011 us-gaap Share Based Compensation
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1470000 USD
CY2009 us-gaap Stock Issued1
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0 USD
CY2010 us-gaap Stock Issued1
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0 USD
CY2011 us-gaap Stock Issued1
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3835000 USD
CY2011 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
10650000 USD
CY2011 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1330000 USD
CY2010 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1329000 USD
CY2009 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3000 USD
CY2011Q3 us-gaap Stockholders Equity
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116319000 USD
CY2010Q3 us-gaap Stockholders Equity
StockholdersEquity
84243000 USD
CY2010Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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84243000 USD
CY2011Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
122331000 USD
CY2009Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
73805000 USD
CY2008Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
74533000 USD
CY2009 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
447000 USD
CY2011 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1225000 USD
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9764000 shares
CY2010 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9237000 shares
CY2009 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9019000 shares
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9480000 shares
CY2010 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9022000 shares
CY2009 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9019000 shares
CY2011 asys Deferred Tax Asset Recorded Due To Legal Reorganization
DeferredTaxAssetRecordedDueToLegalReorganization
4025000 USD
CY2009 asys Expense Related To Reacquired Shares
ExpenseRelatedToReacquiredShares
0 USD
CY2010 asys Expense Related To Reacquired Shares
ExpenseRelatedToReacquiredShares
0 USD
CY2011 asys Expense Related To Reacquired Shares
ExpenseRelatedToReacquiredShares
2855000 USD
CY2009 asys Increase Decrease In Accrued Liabilities And Customer Deposits
IncreaseDecreaseInAccruedLiabilitiesAndCustomerDeposits
-4128000 USD
CY2011 asys Increase Decrease In Accrued Liabilities And Customer Deposits
IncreaseDecreaseInAccruedLiabilitiesAndCustomerDeposits
5137000 USD
CY2010 asys Increase Decrease In Accrued Liabilities And Customer Deposits
IncreaseDecreaseInAccruedLiabilitiesAndCustomerDeposits
12057000 USD
CY2009 asys Increase Decrease In Deferred Profit
IncreaseDecreaseInDeferredProfit
-633000 USD
CY2010 asys Increase Decrease In Deferred Profit
IncreaseDecreaseInDeferredProfit
6975000 USD
CY2011 asys Increase Decrease In Deferred Profit
IncreaseDecreaseInDeferredProfit
16632000 USD
CY2011 asys Purchase Of Common Stock Financed With Current Liabilities
PurchaseOfCommonStockFinancedWithCurrentLiabilities
1225000 USD
CY2010 asys Purchase Of Common Stock Financed With Current Liabilities
PurchaseOfCommonStockFinancedWithCurrentLiabilities
0 USD
CY2009 asys Purchase Of Common Stock Financed With Current Liabilities
PurchaseOfCommonStockFinancedWithCurrentLiabilities
0 USD
CY2010 asys Transfer Inventory To Capital Equipment
TransferInventoryToCapitalEquipment
0 USD
CY2011 asys Transfer Inventory To Capital Equipment
TransferInventoryToCapitalEquipment
0 USD
CY2009 asys Transfer Inventory To Capital Equipment
TransferInventoryToCapitalEquipment
116000 USD
CY2010Q3 asys Unbilled And Other
UnbilledAndOther
15231000 USD
CY2011Q3 asys Unbilled And Other
UnbilledAndOther
30822000 USD
CY2011 dei Amendment Flag
AmendmentFlag
false
CY2011 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--09-30
CY2011 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2011 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2011
CY2011 dei Document Period End Date
DocumentPeriodEndDate
2011-09-30
CY2011 dei Document Type
DocumentType
10-K
CY2011 dei Entity Central Index Key
EntityCentralIndexKey
0000720500
CY2011Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
9431393 shares
CY2011 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2011 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2011Q1 dei Entity Public Float
EntityPublicFloat
223206000 USD
CY2011 dei Entity Registrant Name
EntityRegistrantName
AMTECH SYSTEMS INC
CY2011 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2011 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No

Files In Submission

Name View Source Status
0000720500-11-000030-index-headers.html Edgar Link pending
0000720500-11-000030-index.html Edgar Link pending
0000720500-11-000030.txt Edgar Link pending
0000720500-11-000030-xbrl.zip Edgar Link pending
asy-ex1016x9302011.htm Edgar Link pending
asys-20110930.xml Edgar Link completed
asys-20110930.xsd Edgar Link pending
asys-20110930_cal.xml Edgar Link unprocessable
asys-20110930_def.xml Edgar Link unprocessable
asys-20110930_lab.xml Edgar Link unprocessable
asys-20110930_pre.xml Edgar Link unprocessable
asys-9302011x10k.htm Edgar Link pending
asys-ex211x9302011.htm Edgar Link pending
asys-ex231x9302011.htm Edgar Link pending
asys-ex241x9302011.htm Edgar Link pending
asys-ex311x9302011.htm Edgar Link pending
asys-ex312x9302011.htm Edgar Link pending
asys-ex321x9302011.htm Edgar Link pending
asys-ex322x9302011.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
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R17.htm Edgar Link pending
R2.htm Edgar Link pending
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
stockperformancejpeg.jpg Edgar Link pending