2015 Q3 Form 10-Q Financial Statement

#000137431015000027 Filed on August 06, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2015 Q2 2014 Q2
Revenue $187.0M $148.7M $143.9M
YoY Change 25.6% 3.32% -4.53%
Cost Of Revenue $21.80M $16.80M $14.70M
YoY Change 34.57% 14.29% 1.38%
Gross Profit $165.2M $132.0M $129.2M
YoY Change 24.49% 2.17% -5.21%
Gross Profit Margin 88.33% 88.75% 89.76%
Selling, General & Admin $50.40M $46.00M $48.10M
YoY Change 9.8% -4.37% -4.18%
% of Gross Profit 30.51% 34.85% 37.23%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.50M $11.30M $9.900M
YoY Change 19.05% 14.14% 13.79%
% of Gross Profit 7.57% 8.56% 7.66%
Operating Expenses $85.93M $75.36M $74.23M
YoY Change 16.39% 1.52% -1.58%
Operating Profit $101.1M $73.37M $69.72M
YoY Change 34.66% 5.24% -7.49%
Interest Expense $300.0K $300.0K -$300.0K
YoY Change -200.0% -200.0% -40.0%
% of Operating Profit 0.3% 0.41% -0.43%
Other Income/Expense, Net $1.285M $1.336M $1.524M
YoY Change -4.1% -12.34% -27.77%
Pretax Income $101.5M $73.63M $69.40M
YoY Change 35.61% 6.1% -7.33%
Income Tax $33.94M $28.79M $26.41M
% Of Pretax Income 33.45% 39.09% 38.06%
Net Earnings $67.52M $44.85M $42.98M
YoY Change 39.59% 4.34% -6.89%
Net Earnings / Revenue 36.1% 30.15% 29.86%
Basic Earnings Per Share $0.81 $0.54 $0.50
Diluted Earnings Per Share $0.81 $0.54 $0.50
COMMON SHARES
Basic Shares Outstanding 82.76M shares 83.29M shares 85.83M shares
Diluted Shares Outstanding 82.76M shares 83.29M shares 85.83M shares

Balance Sheet

Concept 2015 Q3 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $121.7M $89.60M $145.1M
YoY Change -3.79% -38.25% -30.17%
Cash & Equivalents $121.7M $89.63M $145.1M
Short-Term Investments
Other Short-Term Assets $988.0K $277.0K $1.501M
YoY Change 48.13% -81.55% 165.66%
Inventory
Prepaid Expenses
Receivables $65.86M $63.39M $55.47M
Other Receivables $19.30M $23.20M $23.20M
Total Short-Term Assets $222.7M $194.6M $243.9M
YoY Change -0.01% -20.22% -17.78%
LONG-TERM ASSETS
Property, Plant & Equipment $58.22M $62.17M $70.23M
YoY Change -17.27% -11.48% -1.48%
Goodwill $7.655M
YoY Change
Intangibles $2.560M
YoY Change
Long-Term Investments $43.68M $43.41M $14.71M
YoY Change 192.78% 195.06% 3.79%
Other Assets
YoY Change
Total Long-Term Assets $174.7M $167.5M $141.8M
YoY Change 21.03% 18.08% 6.5%
TOTAL ASSETS
Total Short-Term Assets $222.7M $194.6M $243.9M
Total Long-Term Assets $174.7M $167.5M $141.8M
Total Assets $397.4M $362.1M $385.8M
YoY Change 8.26% -6.14% -10.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.943M $4.883M $4.144M
YoY Change 2.32% 17.83% 11.73%
Accrued Expenses $52.90M $39.10M $34.90M
YoY Change 34.61% 12.03% -13.61%
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 $78.66M $72.46M $69.03M
YoY Change 15.2% 4.98% -1.77%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $3.092M $3.428M $3.967M
YoY Change -24.25% -13.59% 1.72%
Total Long-Term Liabilities $58.94M $62.63M $52.86M
YoY Change 9.8% 18.48% 6.39%
TOTAL LIABILITIES
Total Short-Term Liabilities $78.66M $72.46M $69.03M
Total Long-Term Liabilities $58.94M $62.63M $52.86M
Total Liabilities $137.6M $135.1M $121.9M
YoY Change 12.82% 10.83% 1.61%
SHAREHOLDERS EQUITY
Retained Earnings $572.2M $523.8M $410.0M
YoY Change 29.92% 27.77% 21.51%
Common Stock $120.4M $117.2M $105.9M
YoY Change 11.45% 10.65% 27.62%
Preferred Stock
YoY Change
Treasury Stock (at cost) $432.9M $414.0M $252.2M
YoY Change 42.6% 64.18% 128.62%
Treasury Stock Shares 10.13M shares 9.835M shares 6.951M shares
Shareholders Equity $259.8M $227.0M $263.9M
YoY Change
Total Liabilities & Shareholders Equity $397.4M $362.1M $385.8M
YoY Change 8.26% -6.14% -10.25%

Cashflow Statement

Concept 2015 Q3 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income $67.52M $44.85M $42.98M
YoY Change 39.59% 4.34% -6.89%
Depreciation, Depletion And Amortization $12.50M $11.30M $9.900M
YoY Change 19.05% 14.14% 13.79%
Cash From Operating Activities $88.30M $27.30M $32.90M
YoY Change 40.38% -17.02% 52.31%
INVESTING ACTIVITIES
Capital Expenditures -$9.300M -$10.10M -$16.10M
YoY Change -20.51% -37.27% 140.3%
Acquisitions
YoY Change
Other Investing Activities -$5.000M -$500.0K -$500.0K
YoY Change 900.0% 0.0% 25.0%
Cash From Investing Activities -$14.30M -$10.50M -$16.60M
YoY Change 17.21% -36.75% 133.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -41.90M -64.70M -70.30M
YoY Change -39.45% -7.97% 308.72%
NET CHANGE
Cash From Operating Activities 88.30M 27.30M 32.90M
Cash From Investing Activities -14.30M -10.50M -16.60M
Cash From Financing Activities -41.90M -64.70M -70.30M
Net Change In Cash 32.10M -47.90M -54.00M
YoY Change -273.51% -11.3% 1900.0%
FREE CASH FLOW
Cash From Operating Activities $88.30M $27.30M $32.90M
Capital Expenditures -$9.300M -$10.10M -$16.10M
Free Cash Flow $97.60M $37.40M $49.00M
YoY Change 30.83% -23.67% 73.14%

Facts In Submission

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