2023 Q4 Form 10-Q Financial Statement

#000174882423000056 Filed on November 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $131.2M $107.3M
YoY Change 6.93% 23.62%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $91.00M $72.60M
YoY Change 27.99% 38.55%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.600M $4.500M
YoY Change 24.32% 7.14%
% of Gross Profit
Operating Expenses $95.60M $77.10M
YoY Change 27.81% 35.98%
Operating Profit $30.20M
YoY Change 0.33%
Interest Expense -$700.0K -$2.700M
YoY Change -74.07% -158.7%
% of Operating Profit -8.94%
Other Income/Expense, Net -$2.700M
YoY Change -43.75%
Pretax Income $34.90M $27.50M
YoY Change -22.1% 8.7%
Income Tax $11.10M $7.700M
% Of Pretax Income 31.81% 28.0%
Net Earnings $22.80M $19.60M
YoY Change -25.0% 10.11%
Net Earnings / Revenue 17.38% 18.27%
Basic Earnings Per Share $0.47
Diluted Earnings Per Share $0.54 $0.46
COMMON SHARES
Basic Shares Outstanding 41.51M shares 41.51M shares
Diluted Shares Outstanding 42.59M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $146.8M $143.1M
YoY Change 35.42% 41.12%
Cash & Equivalents $146.8M $143.1M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $290.2M $252.8M
YoY Change 25.68% 21.19%
LONG-TERM ASSETS
Property, Plant & Equipment $57.20M $104.2M
YoY Change -4.51% 117.54%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $64.70M $78.70M
YoY Change 33.68% 71.46%
Other Assets $70.50M $69.30M
YoY Change -9.03% 10.53%
Total Long-Term Assets $321.2M $300.2M
YoY Change 11.61% 12.81%
TOTAL ASSETS
Total Short-Term Assets $290.2M $252.8M
Total Long-Term Assets $321.2M $300.2M
Total Assets $611.4M $553.0M
YoY Change 17.87% 16.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $140.4M $24.20M
YoY Change 13.68% 5.68%
Accrued Expenses $72.40M $145.7M
YoY Change -4.49% 4.15%
Deferred Revenue
YoY Change
Short-Term Debt $4.000M $3.000M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $212.8M $174.2M
YoY Change 6.77% 5.26%
LONG-TERM LIABILITIES
Long-Term Debt $273.9M $286.8M
YoY Change 0.15% -5.16%
Other Long-Term Liabilities $75.20M $60.80M
YoY Change 11.41% -1.78%
Total Long-Term Liabilities $349.1M $347.6M
YoY Change 2.38% -4.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $212.8M $174.2M
Total Long-Term Liabilities $349.1M $347.6M
Total Liabilities $571.2M $521.8M
YoY Change 5.72% -1.51%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $40.20M $22.90M
YoY Change
Total Liabilities & Shareholders Equity $611.4M $553.0M
YoY Change 17.87% 16.49%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $22.80M $19.60M
YoY Change -25.0% 10.11%
Depreciation, Depletion And Amortization $4.600M $4.500M
YoY Change 24.32% 7.14%
Cash From Operating Activities $42.70M $21.20M
YoY Change -20.19% -36.53%
INVESTING ACTIVITIES
Capital Expenditures $3.100M $2.800M
YoY Change -8.82% -162.22%
Acquisitions
YoY Change
Other Investing Activities -$17.10M -$10.20M
YoY Change 5600.0% -737.5%
Cash From Investing Activities -$20.20M -$13.00M
YoY Change 445.95% 348.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -18.30M -17.80M
YoY Change -36.9% -16.43%
NET CHANGE
Cash From Operating Activities 42.70M 21.20M
Cash From Investing Activities -20.20M -13.00M
Cash From Financing Activities -18.30M -17.80M
Net Change In Cash 4.200M -9.600M
YoY Change -79.81% -204.35%
FREE CASH FLOW
Cash From Operating Activities $42.70M $21.20M
Capital Expenditures $3.100M $2.800M
Free Cash Flow $39.60M $18.40M
YoY Change -20.96% -51.45%

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CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
86800000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-900000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
900000 usd
CY2023Q3 us-gaap Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
-200000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-200000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-2500000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
800000 usd
CY2022Q3 us-gaap Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
-200000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1900000 usd
us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
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2500000 usd
us-gaap Reclassification From Aoci Current Period Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
3800000 usd
us-gaap Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
-1000000.0 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2800000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
107300000 usd
CY2023Q3 bsig Eni Operating Expenses
ENIOperatingExpenses
47100000 usd
CY2023Q3 bsig Earnings Before Variable Compensation
EarningsBeforeVariableCompensation
60200000 usd
CY2023Q3 bsig Variable Compensation
VariableCompensation
28500000 usd
CY2022Q3 bsig Variable Compensation
VariableCompensation
19800000 usd
CY2022Q3 bsig Operating Earnings After Variable Compensation
OperatingEarningsAfterVariableCompensation
31200000 usd
CY2022Q3 bsig Affiliate Key Employee Distributions
AffiliateKeyEmployeeDistributions
1100000 usd
CY2022Q3 bsig Earnings After Key Employee Distributions
EarningsAfterKeyEmployeeDistributions
30100000 usd
CY2022Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-4400000 usd
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-400000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7500000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
17800000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
295400000 usd
bsig Eni Operating Expenses
ENIOperatingExpenses
146700000 usd
bsig Earnings Before Variable Compensation
EarningsBeforeVariableCompensation
148700000 usd
bsig Variable Compensation
VariableCompensation
74400000 usd
bsig Operating Earnings After Variable Compensation
OperatingEarningsAfterVariableCompensation
74300000 usd
bsig Affiliate Key Employee Distributions
AffiliateKeyEmployeeDistributions
3900000 usd
bsig Earnings After Key Employee Distributions
EarningsAfterKeyEmployeeDistributions
70400000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-10800000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2000000.0 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
300000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18300000 usd
us-gaap Net Income Loss
NetIncomeLoss
43000000.0 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
294500000 usd
bsig Eni Operating Expenses
ENIOperatingExpenses
100600000 usd
bsig Earnings Before Variable Compensation
EarningsBeforeVariableCompensation
193900000 usd
bsig Variable Compensation
VariableCompensation
70400000 usd
bsig Operating Earnings After Variable Compensation
OperatingEarningsAfterVariableCompensation
123500000 usd
bsig Affiliate Key Employee Distributions
AffiliateKeyEmployeeDistributions
3500000 usd
bsig Earnings After Key Employee Distributions
EarningsAfterKeyEmployeeDistributions
120000000.0 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-15600000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1200000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-3200000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
29800000 usd
us-gaap Net Income Loss
NetIncomeLoss
70200000 usd
CY2023Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
bsig-20230930_pre.xml Edgar Link unprocessable
0001748824-23-000056-index-headers.html Edgar Link pending
0001748824-23-000056-index.html Edgar Link pending
0001748824-23-000056.txt Edgar Link pending
0001748824-23-000056-xbrl.zip Edgar Link pending
bsig-20230930.htm Edgar Link pending
bsig-20230930.xsd Edgar Link pending
bsig-20230930_g1.jpg Edgar Link pending
bsig-20230930_cal.xml Edgar Link unprocessable
bsig-20230930_def.xml Edgar Link unprocessable
bsig93023ex311.htm Edgar Link pending
bsig93023ex312.htm Edgar Link pending
bsig93023ex321.htm Edgar Link pending
bsig93023ex322.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
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bsig-20230930_lab.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
bsig-20230930_htm.xml Edgar Link completed
R5.htm Edgar Link pending
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report.css Edgar Link pending
Show.js Edgar Link pending