2015 Q1 Form 8-K Financial Statement

#000095012315012334 Filed on November 19, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q1
Revenue $371.0M $345.9M
YoY Change 7.25% 8.2%
Cost Of Revenue $287.3M $271.0M
YoY Change 6.0% 5.28%
Gross Profit $83.73M $74.92M
YoY Change 11.77% 20.16%
Gross Profit Margin 22.57% 21.66%
Selling, General & Admin $82.84M $69.32M
YoY Change 19.5% 13.45%
% of Gross Profit 98.93% 92.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.200M $2.000M
YoY Change 60.0% -28.57%
% of Gross Profit 3.82% 2.67%
Operating Expenses $82.84M $69.32M
YoY Change 19.5% 13.64%
Operating Profit $641.0K $5.434M
YoY Change -88.2% 303.41%
Interest Expense $7.607M $8.828M
YoY Change -13.83% -170.62%
% of Operating Profit 1186.74% 162.46%
Other Income/Expense, Net
YoY Change
Pretax Income -$6.874M -$3.394M
YoY Change 102.53% -69.96%
Income Tax $196.0K -$82.00K
% Of Pretax Income
Net Earnings -$7.070M -$3.384M
YoY Change 108.92% -71.34%
Net Earnings / Revenue -1.91% -0.98%
Basic Earnings Per Share -$0.07 -$0.03
Diluted Earnings Per Share -$0.07 -$0.03
COMMON SHARES
Basic Shares Outstanding 98.20M 97.62M
Diluted Shares Outstanding 98.62M 97.62M

Balance Sheet

Concept 2015 Q1 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $36.80M $62.80M
YoY Change -41.4% -46.64%
Cash & Equivalents $36.84M $62.77M
Short-Term Investments
Other Short-Term Assets $24.22M $8.767M
YoY Change 176.21% 5.63%
Inventory $146.8M $136.6M
Prepaid Expenses
Receivables $157.2M $147.6M
Other Receivables $0.00 $0.00
Total Short-Term Assets $365.1M $355.7M
YoY Change 2.63% -10.23%
LONG-TERM ASSETS
Property, Plant & Equipment $84.73M $52.81M
YoY Change 60.46% 24.55%
Goodwill $141.1M $111.2M
YoY Change 26.89%
Intangibles $16.66M
YoY Change
Long-Term Investments
YoY Change
Other Assets $17.88M $23.10M
YoY Change -22.61% 69.85%
Total Long-Term Assets $260.4M $187.1M
YoY Change 39.19% 11.87%
TOTAL ASSETS
Total Short-Term Assets $365.1M $355.7M
Total Long-Term Assets $260.4M $187.1M
Total Assets $625.5M $542.8M
YoY Change 15.23% -3.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $90.74M $102.7M
YoY Change -11.62% 3.81%
Accrued Expenses $74.08M $51.97M
YoY Change 42.56% 25.22%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $55.08M $69.00K
YoY Change 79720.29% -31.0%
Total Short-Term Liabilities $219.9M $154.7M
YoY Change 42.14% 10.19%
LONG-TERM LIABILITIES
Long-Term Debt $353.8M $353.9M
YoY Change -0.02% -2.11%
Other Long-Term Liabilities $17.77M $21.62M
YoY Change -17.77% -12.13%
Total Long-Term Liabilities $371.6M $375.5M
YoY Change -1.04% -2.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $219.9M $154.7M
Total Long-Term Liabilities $371.6M $375.5M
Total Liabilities $591.5M $530.2M
YoY Change 11.56% 0.72%
SHAREHOLDERS EQUITY
Retained Earnings -$347.9M -$362.4M
YoY Change -3.99%
Common Stock $381.9M $375.0M
YoY Change 1.84%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $33.98M $12.59M
YoY Change
Total Liabilities & Shareholders Equity $625.5M $542.8M
YoY Change 15.23% -3.67%

Cashflow Statement

Concept 2015 Q1 2014 Q1
OPERATING ACTIVITIES
Net Income -$7.070M -$3.384M
YoY Change 108.92% -71.34%
Depreciation, Depletion And Amortization $3.200M $2.000M
YoY Change 60.0% -28.57%
Cash From Operating Activities $9.863M $13.76M
YoY Change -28.32% -154.63%
INVESTING ACTIVITIES
Capital Expenditures $9.124M $5.304M
YoY Change 72.02% 440.67%
Acquisitions $5.797M
YoY Change
Other Investing Activities -$5.700M $0.00
YoY Change -100.0%
Cash From Investing Activities -$14.86M -$5.302M
YoY Change 180.29% -143.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $943.0K $1.276M
YoY Change -26.1% 23.17%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 24.06M -388.0K
YoY Change -6301.55% -39.09%
NET CHANGE
Cash From Operating Activities 9.863M 13.76M
Cash From Investing Activities -14.86M -5.302M
Cash From Financing Activities 24.06M -388.0K
Net Change In Cash 19.06M 8.070M
YoY Change 136.23% -158.62%
FREE CASH FLOW
Cash From Operating Activities $9.863M $13.76M
Capital Expenditures $9.124M $5.304M
Free Cash Flow $739.0K $8.456M
YoY Change -91.26% -132.31%

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