2012 Form 10-K Financial Statement
#000114420413017694 Filed on March 27, 2013
Income Statement
| Concept | 2012 | 2011 |
|---|---|---|
| Revenue | $336.0M | $329.8M |
| YoY Change | 1.87% | -4.64% |
| Cost Of Revenue | $275.3M | $266.5M |
| YoY Change | 3.28% | 0.34% |
| Gross Profit | $60.75M | $63.40M |
| YoY Change | -4.18% | -21.05% |
| Gross Profit Margin | 18.08% | 19.22% |
| Selling, General & Admin | $12.94M | $16.90M |
| YoY Change | -23.46% | -9.63% |
| % of Gross Profit | 21.29% | 26.66% |
| Research & Development | $14.89M | $9.000M |
| YoY Change | 65.4% | 12.5% |
| % of Gross Profit | 24.5% | 14.2% |
| Depreciation & Amortization | $13.91M | $13.50M |
| YoY Change | 3.04% | 42.11% |
| % of Gross Profit | 22.9% | 21.29% |
| Operating Expenses | $37.38M | $26.70M |
| YoY Change | 40.0% | -2.55% |
| Operating Profit | $27.80M | $36.70M |
| YoY Change | -24.26% | -30.62% |
| Interest Expense | $1.564M | $18.70M |
| YoY Change | -91.64% | 10.65% |
| % of Operating Profit | 5.63% | 50.95% |
| Other Income/Expense, Net | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| Pretax Income | $27.06M | $49.80M |
| YoY Change | -45.67% | -30.25% |
| Income Tax | $4.391M | $4.100M |
| % Of Pretax Income | 16.23% | 8.23% |
| Net Earnings | $20.74M | $40.80M |
| YoY Change | -49.16% | -21.08% |
| Net Earnings / Revenue | 6.17% | 12.37% |
| Basic Earnings Per Share | $0.70 | |
| Diluted Earnings Per Share | $0.70 | $1.295M |
| COMMON SHARES | ||
| Basic Shares Outstanding | 28.21M shares | |
| Diluted Shares Outstanding | 28.22M shares |
Balance Sheet
| Concept | 2012 | 2011 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $87.60M | $73.00M |
| YoY Change | 20.0% | 47.77% |
| Cash & Equivalents | $87.60M | $73.00M |
| Short-Term Investments | ||
| Other Short-Term Assets | $34.80M | $28.30M |
| YoY Change | 22.97% | -1.39% |
| Inventory | $43.50M | $51.60M |
| Prepaid Expenses | ||
| Receivables | $211.3M | $200.9M |
| Other Receivables | $12.30M | $11.60M |
| Total Short-Term Assets | $389.6M | $365.4M |
| YoY Change | 6.62% | 17.53% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $81.70M | $84.80M |
| YoY Change | -3.66% | 12.47% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $3.700M | $3.500M |
| YoY Change | 5.71% | -30.0% |
| Other Assets | $9.300M | $9.500M |
| YoY Change | -2.11% | -12.04% |
| Total Long-Term Assets | $96.20M | $101.0M |
| YoY Change | -4.75% | 6.77% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $389.6M | $365.4M |
| Total Long-Term Assets | $96.20M | $101.0M |
| Total Assets | $485.8M | $466.4M |
| YoY Change | 4.16% | 15.02% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $103.6M | $114.2M |
| YoY Change | -9.28% | 19.33% |
| Accrued Expenses | $17.10M | $14.30M |
| YoY Change | 19.58% | -37.28% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $107.6M | $67.60M |
| YoY Change | 59.17% | -20.38% |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $250.8M | $217.6M |
| YoY Change | 15.26% | -15.23% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $23.60M |
| YoY Change | -100.0% | 3833.33% |
| Other Long-Term Liabilities | $2.600M | $9.200M |
| YoY Change | -71.74% | |
| Total Long-Term Liabilities | $2.600M | $32.80M |
| YoY Change | -92.07% | 5366.67% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $250.8M | $217.6M |
| Total Long-Term Liabilities | $2.600M | $32.80M |
| Total Liabilities | $292.3M | $293.3M |
| YoY Change | -0.34% | 0.0% |
| 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 | $193.6M | $173.1M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $485.8M | $466.4M |
| YoY Change | 4.16% | 15.02% |
Cashflow Statement
| Concept | 2012 | 2011 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $20.74M | $40.80M |
| YoY Change | -49.16% | -21.08% |
| Depreciation, Depletion And Amortization | $13.91M | $13.50M |
| YoY Change | 3.04% | 42.11% |
| Cash From Operating Activities | $16.21M | $34.06M |
| YoY Change | -52.41% | -11.65% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $19.00M | -$15.18M |
| YoY Change | -225.19% | -46.15% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $12.79M | $1.140M |
| YoY Change | 1021.93% | -125.85% |
| Cash From Investing Activities | -$6.290M | -$14.04M |
| YoY Change | -55.2% | -56.93% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | $1.000M | |
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 4.630M | 870.0K |
| YoY Change | 432.18% | -162.59% |
| NET CHANGE | ||
| Cash From Operating Activities | 16.21M | 34.06M |
| Cash From Investing Activities | -6.290M | -14.04M |
| Cash From Financing Activities | 4.630M | 870.0K |
| Net Change In Cash | 14.55M | 20.89M |
| YoY Change | -30.35% | 358.11% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $16.21M | $34.06M |
| Capital Expenditures | $19.00M | -$15.18M |
| Free Cash Flow | -$2.794M | $49.24M |
| YoY Change | -105.67% | -26.22% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2011 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
4.47 | |
| CY2011 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
329848000 | USD |
| CY2012 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
336005000 | USD |
| CY2011Q4 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
109326000 | USD |
| CY2012Q4 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
117136000 | USD |
| CY2011Q4 | us-gaap |
Notes Receivable Gross
NotesReceivableGross
|
92805000 | USD |
| CY2012Q4 | us-gaap |
Notes Receivable Gross
NotesReceivableGross
|
95436000 | USD |
| CY2011Q4 | caas |
Notes Payable Unrelated Parties
NotesPayableUnrelatedParties
|
57307000 | USD |
| CY2012Q4 | caas |
Notes Payable Unrelated Parties
NotesPayableUnrelatedParties
|
67280000 | USD |
| CY2011 | us-gaap |
Change In Unrealized Gain Loss On Fair Value Hedging Instruments
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments
|
-20971000 | USD |
| CY2012 | us-gaap |
Change In Unrealized Gain Loss On Fair Value Hedging Instruments
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments
|
449000 | USD |
| CY2011Q4 | caas |
Accrued Interest Current
AccruedInterestCurrent
|
626000 | USD |
| CY2012Q4 | caas |
Accrued Interest Current
AccruedInterestCurrent
|
87000 | USD |
| CY2011Q4 | us-gaap |
Long Term Investments And Receivables Net
LongTermInvestmentsAndReceivablesNet
|
96727000 | USD |
| CY2012Q4 | us-gaap |
Long Term Investments And Receivables Net
LongTermInvestmentsAndReceivablesNet
|
92151000 | USD |
