2018 Q1 Form 10-Q Financial Statement

#000156459018012400 Filed on May 09, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1
Revenue $160.0M $153.2M
YoY Change 4.43% 0.45%
Cost Of Revenue $17.99M $15.90M
YoY Change 13.1% 17.28%
Gross Profit $142.0M $137.3M
YoY Change 3.42% -1.19%
Gross Profit Margin 88.76% 89.62%
Selling, General & Admin $89.68M $66.74M
YoY Change 34.37% 1.36%
% of Gross Profit 63.17% 48.62%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.761M $22.07M
YoY Change -87.49% 9.03%
% of Gross Profit 1.94% 16.08%
Operating Expenses $152.8M $126.0M
YoY Change 21.27% 6.13%
Operating Profit $7.166M $27.18M
YoY Change -73.64% -19.53%
Interest Expense -$9.300M -$2.400M
YoY Change 287.5% 20.0%
% of Operating Profit -129.78% -8.83%
Other Income/Expense, Net -$5.973M $125.0K
YoY Change -4878.4% -258.23%
Pretax Income $1.193M $27.31M
YoY Change -95.63% -18.97%
Income Tax $264.0K $418.0K
% Of Pretax Income 22.13% 1.53%
Net Earnings $929.0K $26.89M
YoY Change -96.54% -20.21%
Net Earnings / Revenue 0.58% 17.55%
Basic Earnings Per Share $0.01 $0.38
Diluted Earnings Per Share $0.01 $0.38
COMMON SHARES
Basic Shares Outstanding 71.95M 71.59M
Diluted Shares Outstanding 72.12M 71.59M

Balance Sheet

Concept 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.50M $2.000M
YoY Change 475.0%
Cash & Equivalents $11.50M $1.951M
Short-Term Investments
Other Short-Term Assets $28.20M $12.10M
YoY Change 133.06%
Inventory
Prepaid Expenses
Receivables $108.3M $91.45M
Other Receivables $0.00 $0.00
Total Short-Term Assets $148.0M $105.5M
YoY Change 40.28%
LONG-TERM ASSETS
Property, Plant & Equipment $40.50M $22.72M
YoY Change 78.23%
Goodwill $788.1M
YoY Change
Intangibles $1.588B
YoY Change
Long-Term Investments $10.40M $11.30M
YoY Change -7.96%
Other Assets
YoY Change
Total Long-Term Assets $2.516B $2.410B
YoY Change 4.4%
TOTAL ASSETS
Total Short-Term Assets $148.0M $105.5M
Total Long-Term Assets $2.516B $2.410B
Total Assets $2.664B $2.515B
YoY Change 5.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.20M $4.424M
YoY Change 175.77%
Accrued Expenses $50.50M $61.46M
YoY Change -17.84%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $21.20M
YoY Change
Total Short-Term Liabilities $109.1M $65.89M
YoY Change 65.59%
LONG-TERM LIABILITIES
Long-Term Debt $681.8M $0.00
YoY Change
Other Long-Term Liabilities $32.50M $2.510M
YoY Change 1194.82%
Total Long-Term Liabilities $714.3M $50.49M
YoY Change 1314.76%
TOTAL LIABILITIES
Total Short-Term Liabilities $109.1M $65.89M
Total Long-Term Liabilities $714.3M $50.49M
Total Liabilities $985.7M $116.4M
YoY Change 747.0%
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 $1.678B $2.399B
YoY Change
Total Liabilities & Shareholders Equity $2.664B $2.515B
YoY Change 5.91%

Cashflow Statement

Concept 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income $929.0K $26.89M
YoY Change -96.54% -20.21%
Depreciation, Depletion And Amortization $2.761M $22.07M
YoY Change -87.49% 9.03%
Cash From Operating Activities $26.66M $43.70M
YoY Change -38.99% 68.73%
INVESTING ACTIVITIES
Capital Expenditures $2.513M $5.609M
YoY Change -55.2% 163.46%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities -$159.5M -$5.600M
YoY Change 2747.88% 166.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net $40.63M
YoY Change
Cash From Financing Activities 123.8M -45.10M
YoY Change -374.41% 90.3%
NET CHANGE
Cash From Operating Activities 26.66M 43.70M
Cash From Investing Activities -159.5M -5.600M
Cash From Financing Activities 123.8M -45.10M
Net Change In Cash -9.062M -7.000M
YoY Change 29.46% -7100.0%
FREE CASH FLOW
Cash From Operating Activities $26.66M $43.70M
Capital Expenditures $2.513M $5.609M
Free Cash Flow $24.15M $38.09M
YoY Change -36.6% 60.24%

Facts In Submission

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