2016 Q2 Form 10-Q Financial Statement

#000137431016000051 Filed on August 02, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q2
Revenue $173.1M $148.7M
YoY Change 16.39% 3.32%
Cost Of Revenue $29.00M $16.80M
YoY Change 72.62% 14.29%
Gross Profit $144.1M $132.0M
YoY Change 9.17% 2.17%
Gross Profit Margin 83.25% 88.75%
Selling, General & Admin $52.80M $46.00M
YoY Change 14.78% -4.37%
% of Gross Profit 36.64% 34.85%
Research & Development $5.700M
YoY Change
% of Gross Profit 3.96%
Depreciation & Amortization $12.30M $11.30M
YoY Change 8.85% 14.14%
% of Gross Profit 8.54% 8.56%
Operating Expenses $66.10M $75.36M
YoY Change -12.28% 1.52%
Operating Profit $78.00M $73.37M
YoY Change 6.31% 5.24%
Interest Expense $0.00 $300.0K
YoY Change -100.0% -200.0%
% of Operating Profit 0.0% 0.41%
Other Income/Expense, Net $1.006M $1.336M
YoY Change -24.7% -12.34%
Pretax Income $83.80M $73.63M
YoY Change 13.81% 6.1%
Income Tax $32.90M $28.79M
% Of Pretax Income 39.26% 39.09%
Net Earnings $51.20M $44.85M
YoY Change 14.17% 4.34%
Net Earnings / Revenue 29.58% 30.15%
Basic Earnings Per Share $0.62 $0.54
Diluted Earnings Per Share $0.62 $0.54
COMMON SHARES
Basic Shares Outstanding 81.30M shares 83.29M shares
Diluted Shares Outstanding 81.30M shares 83.29M shares

Balance Sheet

Concept 2016 Q2 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $52.20M $89.60M
YoY Change -41.74% -38.25%
Cash & Equivalents $52.20M $89.63M
Short-Term Investments
Other Short-Term Assets $432.0K $277.0K
YoY Change 55.96% -81.55%
Inventory
Prepaid Expenses
Receivables $71.13M $63.39M
Other Receivables $32.50M $23.20M
Total Short-Term Assets $173.9M $194.6M
YoY Change -10.66% -20.22%
LONG-TERM ASSETS
Property, Plant & Equipment $61.13M $62.17M
YoY Change -1.67% -11.48%
Goodwill $26.47M
YoY Change
Intangibles $9.522M
YoY Change
Long-Term Investments $12.18M $43.41M
YoY Change -71.93% 195.06%
Other Assets
YoY Change
Total Long-Term Assets $232.8M $167.5M
YoY Change 38.98% 18.08%
TOTAL ASSETS
Total Short-Term Assets $173.9M $194.6M
Total Long-Term Assets $232.8M $167.5M
Total Assets $406.6M $362.1M
YoY Change 12.3% -6.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.939M $4.883M
YoY Change -60.29% 17.83%
Accrued Expenses $45.30M $39.10M
YoY Change 15.86% 12.03%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $76.63M $72.46M
YoY Change 5.75% 4.98%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $2.605M $3.428M
YoY Change -24.01% -13.59%
Total Long-Term Liabilities $51.65M $62.63M
YoY Change -17.53% 18.48%
TOTAL LIABILITIES
Total Short-Term Liabilities $76.63M $72.46M
Total Long-Term Liabilities $51.65M $62.63M
Total Liabilities $128.3M $135.1M
YoY Change -5.04% 10.83%
SHAREHOLDERS EQUITY
Retained Earnings $666.0M $523.8M
YoY Change 27.15% 27.77%
Common Stock $131.9M $117.2M
YoY Change 12.54% 10.65%
Preferred Stock
YoY Change
Treasury Stock (at cost) $532.2M $414.0M
YoY Change 28.55% 64.18%
Treasury Stock Shares 11.66M shares 9.835M shares
Shareholders Equity $265.8M $227.0M
YoY Change
Total Liabilities & Shareholders Equity $406.6M $362.1M
YoY Change 12.3% -6.14%

Cashflow Statement

Concept 2016 Q2 2015 Q2
OPERATING ACTIVITIES
Net Income $51.20M $44.85M
YoY Change 14.17% 4.34%
Depreciation, Depletion And Amortization $12.30M $11.30M
YoY Change 8.85% 14.14%
Cash From Operating Activities $17.50M $27.30M
YoY Change -35.9% -17.02%
INVESTING ACTIVITIES
Capital Expenditures -$16.50M -$10.10M
YoY Change 63.37% -37.27%
Acquisitions
YoY Change
Other Investing Activities -$19.40M -$500.0K
YoY Change 3780.0% 0.0%
Cash From Investing Activities -$35.90M -$10.50M
YoY Change 241.9% -36.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -36.80M -64.70M
YoY Change -43.12% -7.97%
NET CHANGE
Cash From Operating Activities 17.50M 27.30M
Cash From Investing Activities -35.90M -10.50M
Cash From Financing Activities -36.80M -64.70M
Net Change In Cash -55.20M -47.90M
YoY Change 15.24% -11.3%
FREE CASH FLOW
Cash From Operating Activities $17.50M $27.30M
Capital Expenditures -$16.50M -$10.10M
Free Cash Flow $34.00M $37.40M
YoY Change -9.09% -23.67%

Facts In Submission

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