2018 Q1 Form 10-Q Financial Statement

#000171036618000012 Filed on May 03, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1 2016 Q4
Revenue $410.3M $372.2M $378.4M
YoY Change 10.22% 41.82%
Cost Of Revenue $17.90M $12.30M $12.50M
YoY Change 45.53% -6.11%
Gross Profit $391.5M $351.4M $364.2M
YoY Change 11.41% 41.01%
Gross Profit Margin 95.43% 94.41% 96.25%
Selling, General & Admin $13.48M $17.08M $19.85M
YoY Change -21.05% 125.91%
% of Gross Profit 3.44% 4.86% 5.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $49.47M $52.99M $50.30M
YoY Change -6.65% 8.9%
% of Gross Profit 12.64% 15.08% 13.81%
Operating Expenses $13.48M $230.0M $253.9M
YoY Change -94.14% 26.94%
Operating Profit $378.0M $121.4M $110.3M
YoY Change 211.37% 78.51%
Interest Expense $21.05M $4.022M $4.075M
YoY Change 423.25% 28.09%
% of Operating Profit 5.57% 3.31% 3.69%
Other Income/Expense, Net
YoY Change
Pretax Income $77.14M $55.85M $37.74M
YoY Change 38.12% 534.67%
Income Tax $6.185M $9.406M $14.82M
% Of Pretax Income 8.02% 16.84% 39.28%
Net Earnings $62.41M $40.98M $18.50M
YoY Change 52.29% 427.43%
Net Earnings / Revenue 15.21% 11.01% 4.89%
Basic Earnings Per Share $2.23 $1.47 $0.66
Diluted Earnings Per Share $2.20 $0.00 $0.66
COMMON SHARES
Basic Shares Outstanding 28.03M shares 27.97M shares
Diluted Shares Outstanding 28.32M shares 27.97M shares

Balance Sheet

Concept 2018 Q1 2017 Q1 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $191.7M $6.600M
YoY Change 2804.55%
Cash & Equivalents $191.7M $6.638M $13.31M
Short-Term Investments
Other Short-Term Assets $24.90M $16.50M
YoY Change 50.91%
Inventory $60.77M $55.10M $50.16M
Prepaid Expenses $24.86M $17.60M
Receivables $127.3M $103.6M $95.71M
Other Receivables $32.36M $49.50M $23.32M
Total Short-Term Assets $437.0M $231.3M $200.1M
YoY Change 88.95%
LONG-TERM ASSETS
Property, Plant & Equipment $2.122B $2.148B $2.180B
YoY Change -1.21% -6.23%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $169.7M $305.3M $307.0M
YoY Change -44.41%
Total Long-Term Assets $2.292B $2.454B $2.487B
YoY Change -6.59%
TOTAL ASSETS
Total Short-Term Assets $437.0M $231.3M $200.1M
Total Long-Term Assets $2.292B $2.454B $2.487B
Total Assets $2.729B $2.685B $2.687B
YoY Change 1.64% -6.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $84.69M $69.80M $82.90M
YoY Change 21.33%
Accrued Expenses $285.1M $297.8M $292.1M
YoY Change -4.25%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $8.069M $3.900M $373.0K
YoY Change 106.9%
Total Short-Term Liabilities $388.2M $380.1M $379.1M
YoY Change 2.13%
LONG-TERM LIABILITIES
Long-Term Debt $843.5M $309.1M $301.8M
YoY Change 172.9%
Other Long-Term Liabilities $19.17M $1.192B $14.95M
YoY Change -98.39%
Total Long-Term Liabilities $862.7M $1.501B $316.8M
YoY Change -42.53%
TOTAL LIABILITIES
Total Short-Term Liabilities $388.2M $380.1M $379.1M
Total Long-Term Liabilities $862.7M $1.501B $316.8M
Total Liabilities $2.320B $2.024B $1.887B
YoY Change 14.64%
SHAREHOLDERS EQUITY
Retained Earnings $103.0M $0.00
YoY Change
Common Stock $280.0K $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $267.4M $661.4M $657.6M
YoY Change
Total Liabilities & Shareholders Equity $2.729B $2.685B $2.687B
YoY Change 1.64%

Cashflow Statement

Concept 2018 Q1 2017 Q1 2016 Q4
OPERATING ACTIVITIES
Net Income $62.41M $40.98M $18.50M
YoY Change 52.29% 427.43%
Depreciation, Depletion And Amortization $49.47M $52.99M $50.30M
YoY Change -6.65% 8.9%
Cash From Operating Activities $115.7M $48.54M $158.7M
YoY Change 138.44% 70.31%
INVESTING ACTIVITIES
Capital Expenditures -$22.00M -$9.000M -$10.90M
YoY Change 144.44% -34.31%
Acquisitions
YoY Change
Other Investing Activities $400.0K $9.700M $2.800M
YoY Change -95.88% 1516.67%
Cash From Investing Activities -$21.56M $688.0K -$8.200M
YoY Change -3234.16% -105.25%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.285M $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$56.43M -$55.90M -143.7M
YoY Change 0.95% 354.46%
NET CHANGE
Cash From Operating Activities $115.7M $48.54M 158.7M
Cash From Investing Activities -$21.56M $688.0K -8.200M
Cash From Financing Activities -$56.43M -$55.90M -143.7M
Net Change In Cash $37.74M -$6.673M 6.800M
YoY Change -665.56% -315.26%
FREE CASH FLOW
Cash From Operating Activities $115.7M $48.54M $158.7M
Capital Expenditures -$22.00M -$9.000M -$10.90M
Free Cash Flow $137.7M $57.54M $169.6M
YoY Change 139.38% 36.34%

Facts In Submission

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