2013 Q4 Form 10-K Financial Statement
#000138713114000844 Filed on March 12, 2014
Income Statement
| Concept | 2013 Q4 | 2013 Q3 | 2013 Q2 |
|---|---|---|---|
| Revenue | $193.4M | $170.6M | $170.2M |
| YoY Change | 35.62% | 36.68% | 48.19% |
| Cost Of Revenue | $144.1M | $126.6M | $126.1M |
| YoY Change | 35.31% | 36.99% | 49.51% |
| Gross Profit | $49.21M | $43.96M | $44.04M |
| YoY Change | 36.29% | 35.77% | 44.54% |
| Gross Profit Margin | 25.45% | 25.77% | 25.88% |
| Selling, General & Admin | |||
| YoY Change | |||
| % of Gross Profit | |||
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $1.850M | $1.900M | $515.0K |
| YoY Change | -25.4% | 69.64% | 23.21% |
| % of Gross Profit | 3.76% | 4.32% | 1.17% |
| Operating Expenses | $39.10M | $34.52M | $32.99M |
| YoY Change | 38.65% | 37.8% | 50.26% |
| Operating Profit | $10.19M | $9.435M | $11.06M |
| YoY Change | 29.58% | 28.81% | 29.8% |
| Interest Expense | -$2.200M | $2.328M | $1.903M |
| YoY Change | 83.33% | 130.5% | 112.63% |
| % of Operating Profit | -21.58% | 24.67% | 17.21% |
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | $8.013M | $7.107M | $9.148M |
| YoY Change | 20.82% | 12.6% | 20.02% |
| Income Tax | $3.200M | $2.947M | $3.803M |
| % Of Pretax Income | 39.94% | 41.47% | 41.57% |
| Net Earnings | $4.836M | $4.160M | $5.345M |
| YoY Change | 34.18% | 9.01% | 19.87% |
| Net Earnings / Revenue | 2.5% | 2.44% | 3.14% |
| Basic Earnings Per Share | $0.20 | $0.20 | $0.26 |
| Diluted Earnings Per Share | $0.19 | $0.20 | $0.25 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 25.02M shares | 20.93M shares | 20.78M shares |
| Diluted Shares Outstanding | 21.15M shares | 21.02M shares |
Balance Sheet
| Concept | 2013 Q4 | 2013 Q3 | 2013 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $20.00M | $54.60M | $2.300M |
| YoY Change | 19900.0% | 2381.82% | -4.17% |
| Cash & Equivalents | $20.01M | $54.62M | $2.310M |
| Short-Term Investments | |||
| Other Short-Term Assets | $19.00M | $9.400M | $9.700M |
| YoY Change | 128.92% | 11.9% | 79.63% |
| Inventory | $64.70M | $57.27M | $55.86M |
| Prepaid Expenses | |||
| Receivables | $76.40M | $66.98M | $65.51M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $180.1M | $188.2M | $133.4M |
| YoY Change | 70.7% | 88.24% | 68.04% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $29.90M | $18.27M | $15.55M |
| YoY Change | 219.27% | 88.3% | 128.74% |
| Goodwill | $66.93M | $69.07M | |
| YoY Change | |||
| Intangibles | $47.61M | $45.60M | |
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $9.300M | $3.846M | $3.872M |
| YoY Change | 225.06% | -73.48% | -73.84% |
| Total Long-Term Assets | $174.7M | $143.0M | $141.9M |
| YoY Change | 66.97% | 36.6% | 122.42% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $180.1M | $188.2M | $133.4M |
| Total Long-Term Assets | $174.7M | $143.0M | $141.9M |
| Total Assets | $354.8M | $331.3M | $275.3M |
| YoY Change | 68.84% | 61.83% | 92.26% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $33.90M | $32.51M | $44.20M |
| YoY Change | 0.54% | -7.37% | 34.76% |
| Accrued Expenses | $21.80M | $10.96M | $8.213M |
| YoY Change | 312.02% | 56.59% | 49.33% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $6.900M | $6.545M | $7.091M |
| YoY Change | 33.33% | 25.87% | 54.15% |
| Total Short-Term Liabilities | $62.60M | $54.81M | $63.45M |
| YoY Change | 31.23% | 15.88% | 47.89% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $140.8M | $141.4M | $154.9M |
| YoY Change | 17.97% | 17.06% | 126.82% |
| Other Long-Term Liabilities | $10.90M | $2.600M | $2.600M |
| YoY Change | 808.33% | 136.36% | 160.0% |
| Total Long-Term Liabilities | $151.7M | $141.4M | $154.9M |
| YoY Change | 27.1% | 16.01% | 123.55% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $62.60M | $54.81M | $63.45M |
| Total Long-Term Liabilities | $151.7M | $141.4M | $154.9M |
| Total Liabilities | $222.7M | $204.3M | $227.9M |
| YoY Change | 30.35% | 20.76% | 103.08% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $30.22M | $26.06M | |
| YoY Change | |||
| Common Stock | $250.0K | $212.0K | |
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $132.1M | $126.9M | $47.46M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $354.8M | $331.3M | $275.3M |
| YoY Change | 68.84% | 61.83% | 92.26% |
Cashflow Statement
| Concept | 2013 Q4 | 2013 Q3 | 2013 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $4.836M | $4.160M | $5.345M |
| YoY Change | 34.18% | 9.01% | 19.87% |
| Depreciation, Depletion And Amortization | $1.850M | $1.900M | $515.0K |
| YoY Change | -25.4% | 69.64% | 23.21% |
| Cash From Operating Activities | -$4.110M | -$6.070M | $7.360M |
| YoY Change | 337.23% | -433.52% | 168.61% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$6.040M | -$2.360M | -$1.920M |
| YoY Change | 1213.04% | 210.53% | 52.38% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$23.64M | -$330.0K | -$32.14M |
| YoY Change | -3252.0% | -99.39% | 64.4% |
| Cash From Investing Activities | -$29.68M | -$2.690M | -$34.06M |
| YoY Change | -9993.33% | -95.06% | 63.67% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | $75.06M | ||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -980.0K | 61.12M | 27.67M |
| YoY Change | -31.94% | 16.55% | 49.89% |
| NET CHANGE | |||
| Cash From Operating Activities | -4.110M | -6.070M | 7.360M |
| Cash From Investing Activities | -29.68M | -2.690M | -34.06M |
| Cash From Financing Activities | -980.0K | 61.12M | 27.67M |
| Net Change In Cash | -34.77M | 52.36M | 970.0K |
| YoY Change | 1571.63% | -22865.22% | 148.72% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$4.110M | -$6.070M | $7.360M |
| Capital Expenditures | -$6.040M | -$2.360M | -$1.920M |
| Free Cash Flow | $1.930M | -$3.710M | $9.280M |
| YoY Change | -502.08% | -243.8% | 132.0% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2013Q4 | chef |
Deferred Tax Assets Operating Loss Carryforwards Domestic1
DeferredTaxAssetsOperatingLossCarryforwardsDomestic1
|
323000 | |
| CY2012Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3816000 | |
| CY2012Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
7325000 | |
| CY2013Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
9435000 | |
| CY2012Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
8517000 | |
| CY2013Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
11055000 | |
| CY2013Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
5897000 | |
| CY2013Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
10192000 | |
| CY2012Q3 | us-gaap |
Gross Profit
GrossProfit
|
32377000 | |
| CY2013Q3 | us-gaap |
Gross Profit
GrossProfit
|
43957000 | |
| CY2012Q2 | us-gaap |
Gross Profit
GrossProfit
|
30471000 | |
| CY2013Q2 | us-gaap |
Gross Profit
GrossProfit
|
44042000 | |
| CY2013Q1 | us-gaap |
Gross Profit
GrossProfit
|
35154000 | |
| CY2013Q4 | us-gaap |
Gross Profit
GrossProfit
|
49274000 | |
| CY2012Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.18 | |
| CY2013Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.2 | |
| CY2012Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.21 | |
| CY2013Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.25 | |
| CY2013Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.13 | |
| CY2013Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.19 | |
| CY2012Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.18 | |
| CY2013Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.2 | |
| CY2012Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.22 | |
| CY2013Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.26 | |
| CY2013Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.13 | |
| CY2013Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.2 | |
| CY2012Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
6312000 | |
| CY2013Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
7107000 | |
| CY2012Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
7622000 | |
| CY2013Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
9148000 | |
| CY2013Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
4530000 | |
| CY2013Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4160000 | |
| CY2012Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4459000 | |
| CY2013Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
5345000 | |
| CY2013Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2647000 | |
| CY2013Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4836000 | |
| CY2013Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
8011000 | |
| CY2013Q3 | us-gaap |
Revenues
Revenues
|
170581000 | |
| CY2012Q2 | us-gaap |
Revenues
Revenues
|
114825000 | |
| CY2013Q2 | us-gaap |
Revenues
Revenues
|
170157000 | |
| CY2013Q1 | us-gaap |
Revenues
Revenues
|
139419000 | |
| CY2013Q4 | us-gaap |
Revenues
Revenues
|
193387000 | |
| CY2012Q3 | us-gaap |
Revenues
Revenues
|
124807000 |
