2015 Q4 Form 10-Q Financial Statement

#000074659815000199 Filed on November 19, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2014 Q4
Revenue $283.1M $310.2M
YoY Change -8.76% 0.88%
Cost Of Revenue $143.7M $160.1M
YoY Change -10.22% 6.95%
Gross Profit $139.3M $150.2M
YoY Change -7.2% -4.87%
Gross Profit Margin 49.23% 48.4%
Selling, General & Admin $100.7M $109.3M
YoY Change -7.87% -3.06%
% of Gross Profit 72.25% 72.77%
Research & Development $8.569M $9.631M
YoY Change -11.03% 12.16%
% of Gross Profit 6.15% 6.41%
Depreciation & Amortization $8.889M $10.12M
YoY Change -12.19% -6.94%
% of Gross Profit 6.38% 6.74%
Operating Expenses $109.2M $123.2M
YoY Change -11.32% -3.88%
Operating Profit $30.10M $26.97M
YoY Change 11.6% -9.15%
Interest Expense $2.151M $2.891M
YoY Change -25.6% -22.28%
% of Operating Profit 7.15% 10.72%
Other Income/Expense, Net -$759.0K $323.0K
YoY Change -334.98% -57.61%
Pretax Income $27.19M $24.41M
YoY Change 11.42% -8.69%
Income Tax $8.489M $8.906M
% Of Pretax Income 31.22% 36.49%
Net Earnings $18.70M $13.58M
YoY Change 37.68% -43.23%
Net Earnings / Revenue 6.61% 4.38%
Basic Earnings Per Share
Diluted Earnings Per Share $365.9K $265.1K
COMMON SHARES
Basic Shares Outstanding 51.03M shares 51.25M shares
Diluted Shares Outstanding 51.09M shares 51.31M shares

Balance Sheet

Concept 2015 Q4 2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $110.6M $116.5M
YoY Change -5.06% 42.25%
Cash & Equivalents $110.6M $116.5M
Short-Term Investments
Other Short-Term Assets $35.40M $43.50M
YoY Change -18.62% -75.74%
Inventory $102.0M $117.8M
Prepaid Expenses
Receivables $159.2M $174.9M
Other Receivables $0.00 $0.00
Total Short-Term Assets $407.2M $452.7M
YoY Change -10.05% -17.72%
LONG-TERM ASSETS
Property, Plant & Equipment $106.1M $136.6M
YoY Change -22.31% 9.36%
Goodwill $431.0M $501.8M
YoY Change -14.11% -19.61%
Intangibles $66.24M $86.65M
YoY Change -23.55% -43.3%
Long-Term Investments
YoY Change
Other Assets $17.51M $21.63M
YoY Change -19.07% -0.86%
Total Long-Term Assets $641.6M $769.8M
YoY Change -16.64% -17.6%
TOTAL ASSETS
Total Short-Term Assets $407.2M $452.7M
Total Long-Term Assets $641.6M $769.8M
Total Assets $1.049B $1.222B
YoY Change -14.2% -17.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $72.70M $84.20M
YoY Change -13.65% -8.52%
Accrued Expenses $36.80M $41.50M
YoY Change -11.33% -27.07%
Deferred Revenue
YoY Change
Short-Term Debt $9.200M $94.70M
YoY Change -90.29% 258.71%
Long-Term Debt Due $0.00 $42.50M
YoY Change -100.0% -30.67%
Total Short-Term Liabilities $170.0M $318.5M
YoY Change -46.64% -3.25%
LONG-TERM LIABILITIES
Long-Term Debt $241.4M $153.5M
YoY Change 57.31% -24.92%
Other Long-Term Liabilities $64.70M $69.47M
YoY Change -6.87% -18.06%
Total Long-Term Liabilities $306.1M $222.9M
YoY Change 37.31% -22.91%
TOTAL LIABILITIES
Total Short-Term Liabilities $170.0M $318.5M
Total Long-Term Liabilities $306.1M $222.9M
Total Liabilities $476.1M $541.4M
YoY Change -12.07% -12.44%
SHAREHOLDERS EQUITY
Retained Earnings $422.6M $455.5M
YoY Change -7.22% -17.53%
Common Stock $313.9M $314.1M
YoY Change -0.08% 1.71%
Preferred Stock
YoY Change
Treasury Stock (at cost) $107.4M $95.01M
YoY Change 13.06% 45.6%
Treasury Stock Shares
Shareholders Equity $572.8M $681.0M
YoY Change
Total Liabilities & Shareholders Equity $1.049B $1.222B
YoY Change -14.2% -17.65%

Cashflow Statement

Concept 2015 Q4 2014 Q4
OPERATING ACTIVITIES
Net Income $18.70M $13.58M
YoY Change 37.68% -43.23%
Depreciation, Depletion And Amortization $8.889M $10.12M
YoY Change -12.19% -6.94%
Cash From Operating Activities $30.37M $18.60M
YoY Change 63.24% -27.31%
INVESTING ACTIVITIES
Capital Expenditures $2.334M $11.45M
YoY Change -79.62% 26.03%
Acquisitions
YoY Change
Other Investing Activities -$1.539M -$592.0K
YoY Change 159.97% 745.71%
Cash From Investing Activities -$795.0K -$2.088M
YoY Change -61.93% -77.2%
FINANCING ACTIVITIES
Cash Dividend Paid $10.18M $10.19M
YoY Change -0.08% 0.41%
Common Stock Issuance & Retirement, Net $16.16M -$91.00K
YoY Change -17858.24% -98.25%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$30.89M $21.89M
YoY Change -241.12% -173.81%
NET CHANGE
Cash From Operating Activities $30.37M $18.60M
Cash From Investing Activities -$795.0K -$2.088M
Cash From Financing Activities -$30.89M $21.89M
Net Change In Cash -$1.316M $38.41M
YoY Change -103.43% -390.47%
FREE CASH FLOW
Cash From Operating Activities $30.37M $18.60M
Capital Expenditures $2.334M $11.45M
Free Cash Flow $28.04M $7.153M
YoY Change 291.95% -56.67%

Facts In Submission

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0
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CY2015Q4 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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CY2015Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
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51029000 shares

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