2016 Q2 Form 10-Q Financial Statement

#000156459017014479 Filed on July 31, 2017

View on sec.gov

Income Statement

Concept 2016 Q2
Revenue $54.49M
YoY Change 10.63%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.567M
YoY Change 4.82%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $3.617M
YoY Change 19.22%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $26.40M
YoY Change -6.48%
Income Tax $8.908M
% Of Pretax Income 33.74%
Net Earnings $17.49M
YoY Change -5.71%
Net Earnings / Revenue 32.11%
Basic Earnings Per Share $0.56
Diluted Earnings Per Share $0.55
COMMON SHARES
Basic Shares Outstanding 15.55M
Diluted Shares Outstanding 15.84M

Balance Sheet

Concept 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments $419.2M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $126.3M
YoY Change 4.42%
Goodwill $54.04M
YoY Change
Intangibles $14.49M
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $6.683B
YoY Change 2.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $27.00M
YoY Change -3.57%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $3.500M
YoY Change 75.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $27.00M
YoY Change -3.57%
LONG-TERM LIABILITIES
Long-Term Debt $32.00M
YoY Change 18.52%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $32.00M
YoY Change 18.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $27.00M
Total Long-Term Liabilities $32.00M
Total Liabilities $6.007B
YoY Change 2.41%
SHAREHOLDERS EQUITY
Retained Earnings $553.0M
YoY Change
Common Stock $121.2M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $676.8M
YoY Change
Total Liabilities & Shareholders Equity $6.683B
YoY Change 2.84%

Cashflow Statement

Concept 2016 Q2
OPERATING ACTIVITIES
Net Income $17.49M
YoY Change -5.71%
Depreciation, Depletion And Amortization $2.567M
YoY Change 4.82%
Cash From Operating Activities $14.00M
YoY Change 75.0%
INVESTING ACTIVITIES
Capital Expenditures -$2.100M
YoY Change 200.0%
Acquisitions
YoY Change
Other Investing Activities -$13.30M
YoY Change -611.54%
Cash From Investing Activities -$15.50M
YoY Change -915.79%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -69.00M
YoY Change -13.1%
NET CHANGE
Cash From Operating Activities 14.00M
Cash From Investing Activities -15.50M
Cash From Financing Activities -69.00M
Net Change In Cash -70.50M
YoY Change 1.44%
FREE CASH FLOW
Cash From Operating Activities $14.00M
Capital Expenditures -$2.100M
Free Cash Flow $16.10M
YoY Change 85.06%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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<div> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Use of Estimates in the Preparation of Financial Statements</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States inherently involves the use of estimates and assumptions that affect the amounts reported in the financial statements and the related disclosures. These estimates relate principally to the determination of the allowance for loan losses, income taxes, the fair value of financial instruments and the valuation of intangibles. Such estimates and assumptions may change over time and actual amounts realized may differ from those reported.</p></div>
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TreasuryStockAcquiredAverageCostPerShare
55.23
CY2017Q2 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
150000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
293000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
1905000
CY2016 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
429000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-330000
CY2016 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-111000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
-470000
CY2016 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
-104000
CY2017Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
18973000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0
CY2017Q2 us-gaap Commitments Fair Value Disclosure
CommitmentsFairValueDisclosure
1780000
CY2016Q4 us-gaap Commitments Fair Value Disclosure
CommitmentsFairValueDisclosure
1718000
CY2017Q2 banf Letters Of Credit Fair Value Disclosure
LettersOfCreditFairValueDisclosure
443000
CY2016Q4 banf Letters Of Credit Fair Value Disclosure
LettersOfCreditFairValueDisclosure
424000
banf Non Financial Assets Liabilities Value
NonFinancialAssetsLiabilitiesValue
0
CY2016 banf Non Financial Assets Liabilities Value
NonFinancialAssetsLiabilitiesValue
0
banf Non Financial Assets Liabilities For Which No Impairment Provided
NonFinancialAssetsLiabilitiesForWhichNoImpairmentProvided
0
CY2016 banf Non Financial Assets Liabilities For Which No Impairment Provided
NonFinancialAssetsLiabilitiesForWhichNoImpairmentProvided
0
CY2016Q2 us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
6000
us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
5000
us-gaap Derivative Gain On Derivative
DerivativeGainOnDerivative
11000
banf Profit Share Percentage
ProfitSharePercentage
0.35
CY2017Q2 us-gaap Credit Risk Derivatives At Fair Value Net
CreditRiskDerivativesAtFairValueNet
76000
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
1569000
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
1306000
CY2016Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
21385000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4

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