2014 Q4 Form 10-Q Financial Statement
#000072958015000026 Filed on November 06, 2015
Income Statement
| Concept | 2014 Q4 | 2014 Q3 |
|---|---|---|
| Revenue | $148.7M | $156.3M |
| YoY Change | 63.35% | 54.54% |
| Cost Of Revenue | $121.1M | $128.6M |
| YoY Change | 65.42% | 58.45% |
| Gross Profit | $27.56M | $27.78M |
| YoY Change | 54.83% | 38.71% |
| Gross Profit Margin | 18.54% | 17.77% |
| Selling, General & Admin | $24.60M | $23.11M |
| YoY Change | 127.78% | 87.89% |
| % of Gross Profit | 89.26% | 83.19% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $7.380M | $6.480M |
| YoY Change | 99.46% | 97.56% |
| % of Gross Profit | 26.78% | 23.33% |
| Operating Expenses | $24.50M | $23.11M |
| YoY Change | 128.97% | 87.89% |
| Operating Profit | $3.059M | $4.361M |
| YoY Change | -56.92% | -43.57% |
| Interest Expense | -$1.700M | $1.869M |
| YoY Change | 1600.0% | 1769.0% |
| % of Operating Profit | -55.57% | 42.86% |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $800.0K | $2.513M |
| YoY Change | -88.57% | -67.78% |
| Income Tax | -$1.000M | $1.252M |
| % Of Pretax Income | -125.0% | 49.82% |
| Net Earnings | $1.774M | $1.261M |
| YoY Change | -76.03% | -82.91% |
| Net Earnings / Revenue | 1.19% | 0.81% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | $151.3K | $110.2K |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2014 Q4 | 2014 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $77.10M | $83.10M |
| YoY Change | 24.15% | 77.19% |
| Cash & Equivalents | $77.14M | $83.10M |
| Short-Term Investments | ||
| Other Short-Term Assets | $20.28M | $11.20M |
| YoY Change | 147.35% | -50.66% |
| Inventory | $113.6M | $113.5M |
| Prepaid Expenses | ||
| Receivables | $99.61M | $103.7M |
| Other Receivables | $0.00 | $6.300M |
| Total Short-Term Assets | $310.7M | $317.9M |
| YoY Change | 52.13% | 48.9% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $69.26M | $74.10M |
| YoY Change | 69.34% | 83.87% |
| Goodwill | $118.4M | |
| YoY Change | ||
| Intangibles | $95.50M | |
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $33.70M | $37.10M |
| YoY Change | 123.18% | 154.11% |
| Total Long-Term Assets | $319.7M | $325.6M |
| YoY Change | 207.72% | 210.39% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $310.7M | $317.9M |
| Total Long-Term Assets | $319.7M | $325.6M |
| Total Assets | $630.4M | $643.5M |
| YoY Change | 104.6% | 102.1% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $61.93M | $63.90M |
| YoY Change | 109.92% | 81.53% |
| Accrued Expenses | $42.59M | $44.60M |
| YoY Change | 90.13% | 38.51% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $200.0K |
| YoY Change | -100.0% | -98.4% |
| Long-Term Debt Due | $13.44M | $12.10M |
| YoY Change | ||
| Total Short-Term Liabilities | $121.8M | $124.5M |
| YoY Change | 81.79% | 49.28% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $219.2M | $223.2M |
| YoY Change | ||
| Other Long-Term Liabilities | $448.0K | $50.60M |
| YoY Change | -96.42% | 269.34% |
| Total Long-Term Liabilities | $219.6M | $273.8M |
| YoY Change | 1657.08% | 1898.54% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $121.8M | $124.5M |
| Total Long-Term Liabilities | $219.6M | $273.8M |
| Total Liabilities | $411.1M | $414.2M |
| YoY Change | 417.82% | 326.57% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $213.4M | |
| YoY Change | ||
| Common Stock | $21.63M | |
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $224.3M | $229.3M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $635.4M | $643.5M |
| YoY Change | 106.24% | 102.1% |
Cashflow Statement
| Concept | 2014 Q4 | 2014 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $1.774M | $1.261M |
| YoY Change | -76.03% | -82.91% |
| Depreciation, Depletion And Amortization | $7.380M | $6.480M |
| YoY Change | 99.46% | 97.56% |
| Cash From Operating Activities | $3.520M | $6.250M |
| YoY Change | -22.12% | -37.0% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$3.810M | -$2.260M |
| YoY Change | 109.34% | -32.94% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$2.110M | -$96.66M |
| YoY Change | -116.21% | 865.63% |
| Cash From Investing Activities | -$5.920M | -$98.92M |
| YoY Change | -152.81% | 639.31% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -3.170M | 88.91M |
| YoY Change | 387.69% | 679.23% |
| NET CHANGE | ||
| Cash From Operating Activities | 3.520M | 6.250M |
| Cash From Investing Activities | -5.920M | -98.92M |
| Cash From Financing Activities | -3.170M | 88.91M |
| Net Change In Cash | -5.570M | -3.760M |
| YoY Change | -136.94% | -147.3% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $3.520M | $6.250M |
| Capital Expenditures | -$3.810M | -$2.260M |
| Free Cash Flow | $7.330M | $8.510M |
| YoY Change | 15.62% | -35.97% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
61926000 | |
| CY2014Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
99605000 | |
| CY2014Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
42588000 | |
| CY2014Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-11948000 | |
| CY2014Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
21626000 | |
| CY2014Q4 | us-gaap |
Assets
Assets
|
635421000 | |
| CY2014Q4 | us-gaap |
Assets Current
AssetsCurrent
|
310656000 | |
| CY2014Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-5504000 | |
| CY2014Q3 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
128561000 | |
| us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
278630000 | ||
| CY2014Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
7933000 | |
| CY2014Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
15739000 | |
| CY2014Q4 | us-gaap |
Goodwill
Goodwill
|
118369000 | |
| us-gaap |
Gross Profit
GrossProfit
|
59796000 | ||
| CY2014Q3 | us-gaap |
Gross Profit
GrossProfit
|
27780000 | |
| CY2014Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
2513000 | |
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
8953000 | ||
| CY2014Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1252000 | |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2124000 | ||
| CY2014Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
95502000 | |
| CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
77138000 | |
| CY2014Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
| us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
771000 | ||
| CY2014Q3 | us-gaap |
Interest Expense
InterestExpense
|
1869000 | |
| us-gaap |
Interest Expense
InterestExpense
|
2124000 | ||
| CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
121802000 | |
| CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
411148000 | |
| CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
635421000 | |
| CY2014Q4 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
39767000 | |
| CY2014Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
13438000 | |
| CY2014Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
219187000 | |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
6829000 | ||
| CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1261000 | |
| CY2014Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
4361000 | |
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
10956000 | ||
| CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-6785000 | |
| us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-6248000 | ||
| CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
33700000 | |
| CY2014Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
20283000 | |
| us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
95000 | ||
| CY2014Q3 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
32000 | |
| us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
95000 | ||
| CY2014Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-12000 | |
| CY2014Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
3850000 | |
| CY2014Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
448000 | |
| CY2014Q3 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
21000 | |
| us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
121000 | ||
| CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-6765000 | |
| us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-6058000 | ||
| CY2014Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
14205000 | |
| CY2014Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | |
| CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
69261000 | |
| us-gaap |
Restructuring Charges
RestructuringCharges
|
1365000 | ||
| CY2014Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
309000 | |
| CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
213409000 | |
| CY2014Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
156341000 | |
| us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
338426000 | ||
| us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
47475000 | ||
| CY2014Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
23110000 | |
| CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
224273000 |
