2021 Q4 Form 10-Q Financial Statement

#000170587321000055 Filed on November 03, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $208.1M $174.3M $89.75M
YoY Change 238.9% 94.18% -53.9%
Cost Of Revenue $99.29M $68.06M $49.50M
YoY Change 80.53% 37.49% -9.51%
Gross Profit $108.8M $75.36M $40.30M
YoY Change 1626.9% 86.99% -71.19%
Gross Profit Margin 52.28% 43.24% 44.9%
Selling, General & Admin $36.86M $33.56M $31.20M
YoY Change 11.02% 7.55% 11.03%
% of Gross Profit 33.88% 44.53% 77.42%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $38.90M $35.90M $35.91M
YoY Change 27.55% -0.01% 29.79%
% of Gross Profit 35.76% 47.64% 89.09%
Operating Expenses $74.04M $73.44M $68.70M
YoY Change 11.0% 6.9% 22.9%
Operating Profit $34.76M $1.913M -$28.40M
YoY Change -157.55% -106.74% -133.81%
Interest Expense -$23.22M $7.810M $8.391M
YoY Change 90.35% -6.92% -2.4%
% of Operating Profit -66.81% 408.26%
Other Income/Expense, Net -$91.00K -$7.815M -$8.394M
YoY Change -6.9% -3.23%
Pretax Income $11.44M $9.078M -$21.05M
YoY Change -115.76% -143.12% -128.91%
Income Tax $2.619M -$758.0K -$2.190M
% Of Pretax Income 22.89% -8.35%
Net Earnings $8.825M $9.836M -$18.86M
YoY Change -113.83% -152.14% -135.83%
Net Earnings / Revenue 4.24% 5.64% -21.02%
Basic Earnings Per Share $0.12 -$0.24
Diluted Earnings Per Share $110.3K $0.12 -$0.24
COMMON SHARES
Basic Shares Outstanding 80.01M shares 80.24M shares 79.88M shares
Diluted Shares Outstanding 82.90M shares 79.88M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.28M $38.16M $47.60M
YoY Change -81.04% -19.83%
Cash & Equivalents $15.28M $38.16M $47.62M
Short-Term Investments
Other Short-Term Assets $225.0K $226.0K $652.0K
YoY Change -65.49% -65.34% 39.91%
Inventory $12.47M $12.98M $15.10M
Prepaid Expenses $26.84M $25.02M $4.526M
Receivables $86.27M $69.32M $48.80M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $147.5M $178.9M $174.4M
YoY Change -4.53% 2.59% 34.11%
LONG-TERM ASSETS
Property, Plant & Equipment $103.8M $58.92M $82.17M
YoY Change 28.48% -28.29% -24.7%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.562M $15.78M $9.297M
YoY Change -9.3% 69.75% -33.91%
Total Long-Term Assets $1.309B $1.251B $1.272B
YoY Change 3.45% -1.65% -22.22%
TOTAL ASSETS
Total Short-Term Assets $147.5M $178.9M $174.4M
Total Long-Term Assets $1.309B $1.251B $1.272B
Total Assets $1.456B $1.430B $1.446B
YoY Change 2.58% -1.14% -18.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $17.70M $11.76M $6.600M
YoY Change 59.45% 78.21% -53.19%
Accrued Expenses $62.96M $58.10M $45.84M
YoY Change 44.9% 26.73% -23.06%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $187.1M $194.1M $95.57M
YoY Change 6.76% 103.04% -35.81%
LONG-TERM LIABILITIES
Long-Term Debt $394.6M $394.3M $393.2M
YoY Change 0.28% 0.27% -2.25%
Other Long-Term Liabilities $17.78M $25.67M $36.15M
YoY Change 2165.22% -29.0% 23.85%
Total Long-Term Liabilities $412.3M $420.0M $429.4M
YoY Change 4.59% -2.19% -0.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $187.1M $194.1M $95.57M
Total Long-Term Liabilities $412.3M $420.0M $429.4M
Total Liabilities $599.5M $614.0M $524.9M
YoY Change 5.25% 16.97% -9.55%
SHAREHOLDERS EQUITY
Retained Earnings -$167.5M -$176.3M -$88.10M
YoY Change 10.23% 100.11% -164.28%
Common Stock $86.00K $86.00K $85.00K
YoY Change 1.18% 1.18% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $52.44M $52.44M $50.00M
YoY Change 4.88% 4.88% 27.46%
Treasury Stock Shares
Shareholders Equity $692.6M $684.9M $774.6M
YoY Change
Total Liabilities & Shareholders Equity $1.456B $1.430B $1.446B
YoY Change 2.58% -1.14% -18.07%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $8.825M $9.836M -$18.86M
YoY Change -113.83% -152.14% -135.83%
Depreciation, Depletion And Amortization $38.90M $35.90M $35.91M
YoY Change 27.55% -0.01% 29.79%
Cash From Operating Activities $40.23M $22.40M $58.00M
YoY Change -22.78% -61.38% -11.18%
INVESTING ACTIVITIES
Capital Expenditures -$16.90M -$48.84M -$5.900M
YoY Change -6.63% 727.8% -90.36%
Acquisitions
YoY Change
Other Investing Activities -$41.35M -$1.184M -$3.100M
YoY Change 3659.18% -61.81% -410.0%
Cash From Investing Activities -$58.25M -$50.02M -$9.000M
YoY Change 204.98% 455.82% -85.07%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.857M -9.132M -1.400M
YoY Change 4757.0% 552.29% -73.58%
NET CHANGE
Cash From Operating Activities 40.23M 22.40M 58.00M
Cash From Investing Activities -58.25M -50.02M -9.000M
Cash From Financing Activities -4.857M -9.132M -1.400M
Net Change In Cash -22.88M -36.76M 47.60M
YoY Change -169.54% -177.22% -15966.67%
FREE CASH FLOW
Cash From Operating Activities $40.23M $22.40M $58.00M
Capital Expenditures -$16.90M -$48.84M -$5.900M
Free Cash Flow $57.13M $71.24M $63.90M
YoY Change -18.62% 11.49% -49.49%

Facts In Submission

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