2023 Q4 Form 10-Q Financial Statement

#000104631123000036 Filed on November 07, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $358.4M $425.6M
YoY Change -0.99% 2.73%
Cost Of Revenue $199.3M $207.3M
YoY Change 2.2% 8.82%
Gross Profit $159.1M $218.2M
YoY Change -4.72% -2.46%
Gross Profit Margin 44.39% 51.28%
Selling, General & Admin $41.33M $54.91M
YoY Change -48.14% -21.78%
% of Gross Profit 25.98% 25.16%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $10.19M $9.633M
YoY Change 2.02% 10.39%
% of Gross Profit 6.41% 4.41%
Operating Expenses $51.52M $54.91M
YoY Change -42.55% -21.78%
Operating Profit $107.6M $135.0M
YoY Change 39.19% -6.88%
Interest Expense -$14.37M $16.17M
YoY Change 55.77% 72.7%
% of Operating Profit -13.36% 11.97%
Other Income/Expense, Net $7.897M -$13.81M
YoY Change 208.48% 67.59%
Pretax Income $35.69M $121.2M
YoY Change -49.14% -11.37%
Income Tax $6.732M $29.21M
% Of Pretax Income 18.87% 24.09%
Net Earnings $28.81M $92.02M
YoY Change -47.77% -10.73%
Net Earnings / Revenue 8.04% 21.62%
Basic Earnings Per Share $1.83
Diluted Earnings Per Share $0.58 $1.81
COMMON SHARES
Basic Shares Outstanding 49.80M shares 50.38M shares
Diluted Shares Outstanding 50.47M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $26.75M $36.43M
YoY Change -35.63% -30.66%
Cash & Equivalents $26.75M $36.43M
Short-Term Investments
Other Short-Term Assets $38.83M $34.13M
YoY Change 19.42% -39.15%
Inventory
Prepaid Expenses $34.67M
Receivables $195.9M $223.8M
Other Receivables $35.05M $58.47M
Total Short-Term Assets $296.5M $352.8M
YoY Change -14.77% -23.16%
LONG-TERM ASSETS
Property, Plant & Equipment $493.5M $469.8M
YoY Change 15.49% 12.54%
Goodwill $220.2M $220.2M
YoY Change 0.7% -3.3%
Intangibles $811.1M $781.1M
YoY Change 9.28% 7.94%
Long-Term Investments $226.7M $90.90M
YoY Change 263.94% 54.84%
Other Assets $93.29M $84.76M
YoY Change 2.44% -2.03%
Total Long-Term Assets $2.098B $1.879B
YoY Change 19.61% 8.65%
TOTAL ASSETS
Total Short-Term Assets $296.5M $352.8M
Total Long-Term Assets $2.098B $1.879B
Total Assets $2.395B $2.232B
YoY Change 13.92% 1.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $131.3M $124.1M
YoY Change 10.45% -4.42%
Accrued Expenses $109.2M $96.52M
YoY Change -16.86% -22.92%
Deferred Revenue $108.3M
YoY Change 16.85%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $499.3M $4.416M
YoY Change 16676.48% 48.39%
Total Short-Term Liabilities $942.7M $419.0M
YoY Change 116.26% -1.73%
LONG-TERM LIABILITIES
Long-Term Debt $1.069B $1.391B
YoY Change -10.98% 20.44%
Other Long-Term Liabilities $7.252M $10.68M
YoY Change 13.47% 1.12%
Total Long-Term Liabilities $1.076B $1.402B
YoY Change -10.85% 20.27%
TOTAL LIABILITIES
Total Short-Term Liabilities $942.7M $419.0M
Total Long-Term Liabilities $1.076B $1.402B
Total Liabilities $2.359B $2.160B
YoY Change 21.14% 13.41%
SHAREHOLDERS EQUITY
Retained Earnings $1.756B $1.742B
YoY Change 12.9% 15.14%
Common Stock $330.8M $321.8M
YoY Change 10.97% 13.27%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $35.60M $72.41M
YoY Change
Total Liabilities & Shareholders Equity $2.395B $2.232B
YoY Change 13.92% 1.98%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $28.81M $92.02M
YoY Change -47.77% -10.73%
Depreciation, Depletion And Amortization $10.19M $9.633M
YoY Change 2.02% 10.39%
Cash From Operating Activities $49.36M $121.5M
YoY Change -51.54% 14.74%
INVESTING ACTIVITIES
Capital Expenditures $34.99M $36.23M
YoY Change 44.29% -305.36%
Acquisitions
YoY Change
Other Investing Activities -$127.4M -$7.888M
YoY Change -294.5% -98.22%
Cash From Investing Activities -$162.4M -$44.12M
YoY Change -493.78% -90.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 103.1M -76.88M
YoY Change -166.65% -61.6%
NET CHANGE
Cash From Operating Activities 49.36M 121.5M
Cash From Investing Activities -162.4M -44.12M
Cash From Financing Activities 103.1M -76.88M
Net Change In Cash -9.925M 455.0K
YoY Change -14.2% -100.08%
FREE CASH FLOW
Cash From Operating Activities $49.36M $121.5M
Capital Expenditures $34.99M $36.23M
Free Cash Flow $14.37M $85.22M
YoY Change -81.48% -30.99%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Registrant Name
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dei Document Fiscal Year Focus
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dei Document Fiscal Period Focus
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dei Security12b Title
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dei Trading Symbol
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