2015 Q4 Form 10-Q Financial Statement
#000072958016000053 Filed on August 04, 2016
Income Statement
| Concept | 2015 Q4 | 2015 Q2 | 2014 Q4 |
|---|---|---|---|
| Revenue | $135.2M | $145.7M | $148.7M |
| YoY Change | -9.05% | 46.58% | 63.35% |
| Cost Of Revenue | $109.2M | $117.1M | $121.1M |
| YoY Change | -9.82% | 43.68% | 65.42% |
| Gross Profit | $26.00M | $28.60M | $27.56M |
| YoY Change | -5.66% | 59.78% | 54.83% |
| Gross Profit Margin | 19.23% | 19.63% | 18.54% |
| Selling, General & Admin | $20.50M | $20.80M | $24.60M |
| YoY Change | -16.67% | 57.58% | 127.78% |
| % of Gross Profit | 78.85% | 72.73% | 89.26% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $5.890M | $5.950M | $7.380M |
| YoY Change | -20.19% | 91.94% | 99.46% |
| % of Gross Profit | 22.65% | 20.8% | 26.78% |
| Operating Expenses | $20.50M | $20.80M | $24.50M |
| YoY Change | -16.33% | 58.78% | 128.97% |
| Operating Profit | $5.500M | $7.800M | $3.059M |
| YoY Change | 79.8% | 62.5% | -56.92% |
| Interest Expense | -$1.600M | -$2.000M | -$1.700M |
| YoY Change | -5.88% | 900.0% | 1600.0% |
| % of Operating Profit | -29.09% | -25.64% | -55.57% |
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | $3.200M | $5.500M | $800.0K |
| YoY Change | 300.0% | 57.14% | -88.57% |
| Income Tax | $300.0K | -$600.0K | -$1.000M |
| % Of Pretax Income | 9.38% | -10.91% | -125.0% |
| Net Earnings | $2.900M | $6.100M | $1.774M |
| YoY Change | 63.47% | 96.77% | -76.03% |
| Net Earnings / Revenue | 2.14% | 4.19% | 1.19% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $243.7K | $512.6K | $151.3K |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2015 Q4 | 2015 Q2 | 2014 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $85.00M | $71.40M | $77.10M |
| YoY Change | 10.25% | -18.68% | 24.15% |
| Cash & Equivalents | $85.04M | $71.41M | $77.14M |
| Short-Term Investments | |||
| Other Short-Term Assets | $10.65M | $24.40M | $20.28M |
| YoY Change | -47.48% | 95.2% | 147.35% |
| Inventory | $98.51M | $111.2M | $113.6M |
| Prepaid Expenses | |||
| Receivables | $86.30M | $98.50M | $99.61M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $280.5M | $305.5M | $310.7M |
| YoY Change | -9.72% | 2.21% | 52.13% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $57.61M | $63.00M | $69.26M |
| YoY Change | -16.82% | -6.11% | 69.34% |
| Goodwill | $121.6M | $118.4M | |
| YoY Change | 2.76% | ||
| Intangibles | $87.83M | $95.50M | |
| YoY Change | -8.04% | ||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $27.52M | $36.80M | $33.70M |
| YoY Change | -18.33% | 55.93% | 123.18% |
| Total Long-Term Assets | $298.0M | $314.3M | $319.7M |
| YoY Change | -6.78% | 60.44% | 207.72% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $280.5M | $305.5M | $310.7M |
| Total Long-Term Assets | $298.0M | $314.3M | $319.7M |
| Total Assets | $578.5M | $619.8M | $630.4M |
| YoY Change | -8.23% | 25.26% | 104.6% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $49.80M | $64.80M | $61.93M |
| YoY Change | -19.58% | 10.96% | 109.92% |
| Accrued Expenses | $38.30M | $39.80M | $42.59M |
| YoY Change | -10.07% | -1.49% | 90.13% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | -100.0% | -100.0% | |
| Long-Term Debt Due | $24.77M | $16.10M | $13.44M |
| YoY Change | 84.34% | 120.55% | |
| Total Short-Term Liabilities | $121.9M | $128.7M | $121.8M |
| YoY Change | 0.04% | 18.18% | 81.79% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $158.8M | $190.1M | $219.2M |
| YoY Change | -27.56% | 37.95% | |
| Other Long-Term Liabilities | $574.0K | $59.00M | $448.0K |
| YoY Change | 28.13% | 333.82% | -96.42% |
| Total Long-Term Liabilities | $159.4M | $249.1M | $219.6M |
| YoY Change | -27.45% | 64.53% | 1657.08% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $121.9M | $128.7M | $121.8M |
| Total Long-Term Liabilities | $159.4M | $249.1M | $219.6M |
| Total Liabilities | $345.4M | $391.1M | $411.1M |
| YoY Change | -16.0% | 50.25% | 417.82% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $229.4M | $213.4M | |
| YoY Change | 7.48% | ||
| Common Stock | $21.63M | ||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $233.1M | $228.8M | $224.3M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $578.5M | $619.8M | $635.4M |
| YoY Change | -8.96% | 25.26% | 106.24% |
Cashflow Statement
| Concept | 2015 Q4 | 2015 Q2 | 2014 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $2.900M | $6.100M | $1.774M |
| YoY Change | 63.47% | 96.77% | -76.03% |
| Depreciation, Depletion And Amortization | $5.890M | $5.950M | $7.380M |
| YoY Change | -20.19% | 91.94% | 99.46% |
| Cash From Operating Activities | $21.05M | $7.480M | $3.520M |
| YoY Change | 498.01% | -31.06% | -22.12% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$1.570M | -$2.970M | -$3.810M |
| YoY Change | -58.79% | 71.68% | 109.34% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $50.00K | $50.00K | -$2.110M |
| YoY Change | -102.37% | -100.05% | -116.21% |
| Cash From Investing Activities | -$1.520M | -$2.920M | -$5.920M |
| YoY Change | -74.32% | -97.38% | -152.81% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -11.49M | -15.91M | -3.170M |
| YoY Change | 262.46% | -111.82% | 387.69% |
| NET CHANGE | |||
| Cash From Operating Activities | 21.05M | 7.480M | 3.520M |
| Cash From Investing Activities | -1.520M | -2.920M | -5.920M |
| Cash From Financing Activities | -11.49M | -15.91M | -3.170M |
| Net Change In Cash | 8.040M | -11.35M | -5.570M |
| YoY Change | -244.34% | -133.52% | -136.94% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $21.05M | $7.480M | $3.520M |
| Capital Expenditures | -$1.570M | -$2.970M | -$3.810M |
| Free Cash Flow | $22.62M | $10.45M | $7.330M |
| YoY Change | 208.59% | -16.93% | 15.62% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2016Q2 | belfb |
Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Tax Effect
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentTaxEffect
|
325000 | |
| us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
823000 | ||
| CY2015Q4 | us-gaap |
Assets
Assets
|
578505000 | |
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1376000 | ||
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-5730000 | ||
| CY2015Q4 | us-gaap |
Assets Current
AssetsCurrent
|
280471000 | |
| CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
85040000 | |
| CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
77138000 | |
| CY2015Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
71408000 | |
| CY2015Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
| us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-1857000 | ||
| CY2015Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
3438000 | |
| CY2015Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
8310000 | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
11589000 | ||
| us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
4650000 | ||
| us-gaap |
Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
|
0 | ||
| CY2015Q4 | us-gaap |
Goodwill
Goodwill
|
121634000 | |
| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1894000 | ||
| us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
3306000 | ||
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-423000 | ||
| us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-2387000 | ||
| us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1621000 | ||
| us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-6207000 | ||
| CY2015Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
87827000 | |
| us-gaap |
Interest Paid
InterestPaid
|
3359000 | ||
| CY2015Q4 | us-gaap |
Inventory Net
InventoryNet
|
98510000 | |
| CY2015Q4 | us-gaap |
Liabilities
Liabilities
|
345383000 | |
| CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
578505000 | |
| CY2015Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
121852000 | |
| CY2015Q4 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
40295000 | |
| CY2015Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
24772000 | |
| CY2015Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
158776000 | |
| us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-5665000 | ||
| us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-28380000 | ||
| us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
23665000 | ||
| us-gaap |
Net Income Loss
NetIncomeLoss
|
11382000 | ||
| us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
3912000 | ||
| CY2015Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
10653000 | |
| CY2015Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
27524000 | |
| CY2015Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
574000 | |
| CY2015Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
8959000 | |
| us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
15000 | ||
| us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
1527000 | ||
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
5723000 | ||
| CY2015Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
15576000 | |
| CY2015Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | |
| us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
-463000 | ||
| us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
3500000 | ||
| us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
58000 | ||
| CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
57611000 | |
| us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
14375000 | ||
| us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
15500000 | ||
| CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
229371000 | |
| CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
233122000 |
