Financial Snapshot

Revenue
$248.4M
TTM
Gross Margin
42.64%
TTM
Net Earnings
$22.03M
TTM
Current Assets
Current Liabilities
$83.32M
Q3 2024
Current Ratio
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$207.6M
Q3 2024
Cash
Q3 2024
P/E
10.06
Nov 29, 2024 EST
Free Cash Flow
$26.99M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988
Revenue $240.7M $232.5M $250.5M $238.9M $250.5M $244.0M $252.6M $245.4M $236.3M $230.2M $213.6M $202.8M $194.2M $190.3M $189.0M $146.7M $169.6M $154.2M $142.1M $99.90M $95.10M $83.00M $67.60M $66.70M $71.90M $72.70M $65.00M $63.80M $53.10M $49.20M $42.60M $33.00M $26.90M $20.40M $17.70M $12.20M
YoY Change 3.51% -7.19% 4.89% -4.67% 2.68% -3.41% 2.94% 3.87% 2.62% 7.77% 5.36% 4.43% 2.01% 0.7% 28.83% -13.5% 9.99% 8.52% 42.24% 5.05% 14.58% 22.78% 1.35% -7.23% -1.1% 11.85% 1.88% 20.15% 7.93% 15.49% 29.09% 22.68% 31.86% 15.25% 45.08% 1120.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988
Revenue $240.7M $232.5M $250.5M $238.9M $250.5M $244.0M $252.6M $245.4M $236.3M $230.2M $213.6M $202.8M $194.2M $190.3M $189.0M $146.7M $169.6M $154.2M $142.1M $99.90M $95.10M $83.00M $67.60M $66.70M $71.90M $72.70M $65.00M $63.80M $53.10M $49.20M $42.60M $33.00M $26.90M $20.40M $17.70M $12.20M
Cost Of Revenue $136.0M $155.6M $162.4M $156.7M $154.6M $145.4M $165.2M $164.1M $166.7M $160.4M $148.1M $140.4M $126.4M $114.9M
Gross Profit $104.7M $76.94M $88.19M $82.20M $95.97M $98.59M $87.43M $81.33M $69.58M $69.86M $65.52M $62.34M $67.76M $75.38M
Gross Profit Margin 43.5% 33.09% 35.2% 34.41% 38.3% 40.41% 34.61% 33.14% 29.45% 30.34% 30.67% 30.74% 34.9% 39.61%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988
Selling, General & Admin $52.67M $51.19M $49.55M $59.30M $54.50M $54.00M $52.70M $40.20M $44.00M $46.70M $36.10M $34.80M $34.10M $33.70M $35.10M $6.900M $6.400M $5.400M $4.800M $4.100M $3.700M $3.500M $3.300M $3.000M $2.800M $3.000M $2.800M $2.400M $2.400M
YoY Change 2.9% 3.31% -16.44% 8.81% 0.93% 2.47% 31.09% -8.64% -5.78% 29.36% 3.74% 2.05% 1.19% -3.99% 408.7% 7.81% 18.52% 12.5% 17.07% 10.81% 5.71% 6.06% 10.0% 7.14% -6.67% 7.14% 16.67% 0.0%
% of Gross Profit 50.31% 66.54% 56.19% 72.14% 56.79% 54.77% 60.28% 49.43% 63.23% 66.85% 55.1% 55.83% 50.32% 44.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.119M $536.0K $1.140M $1.423M $1.677M $1.451M $1.065M $806.0K $779.0K $1.116M $1.257M $1.233M $1.057M $1.048M $4.700M $4.000M $4.300M $6.000M $6.800M $5.000M $7.800M $3.300M $2.600M $2.600M $2.600M $12.10M $2.800M $1.400M $700.0K $600.0K $700.0K $300.0K $100.0K $100.0K $200.0K $0.00
YoY Change 108.77% -52.98% -19.89% -15.15% 15.58% 36.24% 32.13% 3.47% -30.2% -11.22% 1.95% 16.65% 0.86% -77.7% 17.5% -6.98% -28.33% -11.76% 36.0% -35.9% 136.36% 26.92% 0.0% 0.0% -78.51% 332.14% 100.0% 100.0% 16.67% -14.29% 133.33% 200.0% 0.0% -50.0%
% of Gross Profit 1.07% 0.7% 1.29% 1.73% 1.75% 1.47% 1.22% 0.99% 1.12% 1.6% 1.92% 1.98% 1.56% 1.39%
Operating Expenses $214.5M $239.6M $244.6M $251.2M $244.8M $242.0M $255.6M $239.9M $238.2M $232.2M $206.7M $196.7M $182.8M $171.9M $168.4M $159.3M $146.1M $140.8M $130.3M $91.80M $91.80M $77.50M $62.60M $64.20M $70.90M $78.40M $61.00M $60.20M $49.40M $43.40M $37.30M $29.40M $22.60M $19.00M $17.60M $12.90M
YoY Change -10.47% -2.05% -2.62% 2.61% 1.16% -5.32% 6.54% 0.71% 2.58% 12.34% 5.08% 7.6% 6.34% 2.08% 5.71% 9.03% 3.76% 8.06% 41.94% 0.0% 18.45% 23.8% -2.49% -9.45% -9.57% 28.52% 1.33% 21.86% 13.82% 16.35% 26.87% 30.09% 18.95% 7.95% 36.43% 1333.33%
Operating Profit -$109.8M -$162.7M -$156.4M -$169.0M -$148.8M -$143.4M -$168.2M -$158.6M -$168.6M -$162.3M -$141.2M -$134.4M -$115.0M -$96.52M
YoY Change -32.48% 3.98% -7.44% 13.55% 3.79% -14.73% 6.05% -5.96% 3.86% 14.99% 5.07% 16.8% 19.18%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $33.29M $0.00 $2.200M $1.500M $800.0K $200.0K -$400.0K $0.00
YoY Change -100.0% 46.67% 87.5% 300.0% -150.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988
Pretax Income $26.17M -$7.067M -$6.688M -$12.32M $5.745M $2.002M -$2.986M $5.483M -$1.943M -$1.950M $6.931M $6.036M $11.33M $18.39M $20.60M -$12.60M $23.50M $13.30M $11.80M $8.100M $3.300M $5.500M $5.000M $2.500M $1.000M -$5.700M $4.000M $3.600M $3.800M $5.800M $7.500M $5.200M $5.100M $1.500M -$400.0K -$700.0K
YoY Change -470.37% 5.67% -45.7% -314.4% 186.96% -167.05% -154.46% -382.19% -0.36% -128.13% 14.83% -46.73% -38.39% -10.73% -263.49% -153.62% 76.69% 12.71% 45.68% 145.45% -40.0% 10.0% 100.0% 150.0% -117.54% -242.5% 11.11% -5.26% -34.48% -22.67% 44.23% 1.96% 240.0% -475.0% -42.86% -800.0%
Income Tax $1.737M -$429.0K -$43.48M -$1.329M $7.115M $13.06M $35.14M $3.514M $1.200M $4.020M $2.138M $1.507M $2.848M $3.685M $3.300M $3.100M $6.900M $4.700M $4.500M $400.0K $200.0K $1.300M $1.100M $500.0K -$300.0K $1.000M $600.0K $1.400M $1.000M $1.600M $2.000M $1.300M $1.000M $600.0K $0.00 $0.00
% Of Pretax Income 6.64% 123.85% 652.55% 64.09% 30.85% 24.97% 25.14% 20.04% 16.02% 29.36% 35.34% 38.14% 4.94% 6.06% 23.64% 22.0% 20.0% -30.0% 15.0% 38.89% 26.32% 27.59% 26.67% 25.0% 19.61% 40.0%
Net Earnings $24.44M -$6.638M $36.79M -$10.99M -$1.370M -$11.06M -$38.13M $1.969M -$3.143M -$5.970M $4.793M $4.529M $8.482M $14.70M $17.30M -$15.70M $16.60M $8.700M $7.300M $7.700M $3.100M $4.300M $4.000M $2.100M $1.300M -$6.700M $3.400M $2.200M $2.800M $4.200M $5.500M $3.900M $4.700M $1.500M -$400.0K -$700.0K
YoY Change -468.14% -118.04% -434.79% 702.04% -87.62% -70.99% -2036.36% -162.65% -47.35% -224.56% 5.83% -46.6% -42.32% -15.01% -210.19% -194.58% 90.8% 19.18% -5.19% 148.39% -27.91% 7.5% 90.48% 61.54% -119.4% -297.06% 54.55% -21.43% -33.33% -23.64% 41.03% -17.02% 213.33% -475.0% -42.86% -800.0%
Net Earnings / Revenue 10.15% -2.85% 14.68% -4.6% -0.55% -4.53% -15.09% 0.8% -1.33% -2.59% 2.24% 2.23% 4.37% 7.73% 9.15% -10.7% 9.79% 5.64% 5.14% 7.71% 3.26% 5.18% 5.92% 3.15% 1.81% -9.22% 5.23% 3.45% 5.27% 8.54% 12.91% 11.82% 17.47% 7.35% -2.26% -5.74%
Basic Earnings Per Share
Diluted Earnings Per Share $0.48 -$0.13 $726.4K -$218.3K -$27.89K -$221.6K -$760.5K $39.92K -$61.88K -$119.8K $95.81K $90.00K $170.7K $295.8K $356.0K -$353.6K $400.0K $211.2K $177.6K $187.8K $78.09K $117.5K $113.0K $59.32K $36.83K -$194.2K $100.9K $67.48K $98.25K $154.4K $204.5K $149.4K $188.0K $61.22K -$16.46K -$29.41K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $27.00M $22.97M $27.29M $34.10M $46.20M $45.50M $46.10M $35.50M $82.80M $50.70M $54.60M $56.30M $33.30M $49.70M $48.60M $63.80M $21.10M $24.50M $18.30M $31.70M $15.00M $19.20M $6.800M $4.100M $11.10M $10.20M $4.300M $3.800M $2.500M $2.000M $2.300M $7.500M $4.200M
Short-Term Investments
Other Short-Term Assets $300.0K $400.0K $500.0K $300.0K
YoY Change -25.0% -20.0% 66.67%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $600.0K $1.300M $2.400M $4.300M $2.100M $700.0K $200.0K $1.000M $1.000M $1.200M $1.600M $100.0K $700.0K $500.0K $100.0K $200.0K $100.0K
YoY Change -53.85% -45.83% -44.19% 104.76% 200.0% 0.0% -16.67% -25.0% 1500.0% -85.71% 40.0% 400.0% -50.0% 100.0%
Property, Plant & Equipment $11.81M $12.93M $14.07M $17.60M $7.700M $11.70M $14.00M $13.80M $14.30M $14.50M $15.10M $15.90M $16.40M $16.30M $15.10M $11.20M $11.30M $7.400M $7.700M $8.800M $5.900M $5.600M $5.900M $5.500M $5.100M $5.200M $5.800M $5.400M $5.500M $4.700M $3.700M $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -8.64% -8.16% -20.03% 128.57% -34.19% -16.43% 1.45% -3.5% -1.38% -3.97% -5.03% -3.05% 0.61% 7.95% 34.82% -0.88% 52.7% -3.9% -12.5% 49.15% 5.36% -5.08% 7.27% 7.84% -1.92% -10.34% 7.41% -1.82% 17.02% 27.03%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.402B $1.341B $1.623B $1.622B $1.478B $1.335B $1.299B $1.214B $1.080B $1.056B $929.1M $890.7M $829.1M $715.0M $660.8M $560.0M $579.9M $514.6M $484.0M $475.5M $274.6M $225.4M $205.6M $193.0M $173.0M $174.7M $161.3M $136.3M $127.8M $93.80M $87.00M $78.20M $55.40M $46.50M $37.20M $36.10M
YoY Change 4.59% -17.4% 0.07% 9.77% 10.71% 2.8% 6.96% 12.46% 2.21% 13.68% 4.31% 7.43% 15.96% 8.2% 18.0% -3.43% 12.69% 6.32% 1.79% 73.16% 21.83% 9.63% 6.53% 11.56% -0.97% 8.31% 18.34% 6.65% 36.25% 7.82% 11.25% 41.16% 19.14% 25.0% 3.05%
Other Assets $2.414M $0.00 $50.80M $76.90M $67.10M $66.30M $0.00 $1.900M $1.100M $3.500M $4.600M $6.200M $700.0K $600.0K $700.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -33.94% 14.61% 1.21% -100.0% 72.73% -68.57% -23.91% -25.81% 785.71% 16.67% -14.29%
Total Long-Term Assets $1.174B $1.078B $984.1M $923.0M $830.2M $787.2M $267.6M $248.5M $217.3M $204.3M $148.2M $134.0M $115.5M $75.90M $61.60M $54.20M $44.90M
YoY Change 8.91% 9.56% 6.62% 11.18% 5.46% 14.36% 6.36% 37.85% 10.6% 16.02% 52.17% 23.21% 13.65% 20.71%
Total Assets $1.669B $1.570B $1.855B $1.843B $1.745B $1.616B $1.645B $1.584B $1.481B $1.418B $1.216B $1.175B $1.080B $986.5M $927.3M $832.3M $787.9M $711.2M $661.9M $661.2M $390.1M $326.3M $282.1M $267.8M $255.5M $253.4M $249.5M $218.3M $205.5M $149.8M $134.1M $116.2M $76.40M $61.70M $54.40M $45.00M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $1.400M $1.400M $1.300M $1.200M
YoY Change 0.0% 7.69% 8.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $30.00M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $900.0K $500.0K $800.0K $700.0K $1.100M $1.400M $1.400M $900.0K $900.0K $2.300M
YoY Change 80.0% -37.5% 14.29% -36.36% -21.43% 0.0% 55.56% 0.0% -60.87%
Total Short-Term Liabilities $80.85M $81.41M $82.14M $127.0M $120.6M $118.0M $170.9M $157.0M $138.9M $137.8M $49.40M $44.40M $38.70M $35.70M $34.40M $25.70M $30.40M $9.600M $8.200M $45.60M $11.50M $7.100M $6.800M $5.800M $6.500M $7.200M $7.700M $5.600M $8.800M $3.000M $4.500M $4.000M $3.200M $1.400M $1.600M $2.900M
YoY Change -0.69% -0.88% -35.33% 5.31% 2.2% -30.95% 8.85% 13.03% 0.8% 178.95% 11.26% 14.73% 8.4% 3.78% 33.85% -15.46% 216.67% 17.07% -82.02% 296.52% 61.97% 4.41% 17.24% -10.77% -9.72% -6.49% 37.5% -36.36% 193.33% -33.33% 12.5% 25.0% 128.57% -12.5% -44.83%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $37.49M $39.63M $27.38M $44.80M $29.60M $28.50M $24.40M $30.00M $24.30M $23.20M $10.90M $10.10M $9.800M $9.900M $13.80M $17.00M $11.80M $15.90M $9.200M $8.200M $2.000M $1.100M $1.000M $1.400M $900.0K $2.700M $2.700M $2.100M $2.000M $1.700M $2.200M $1.600M $1.300M $900.0K $1.100M $800.0K
YoY Change -5.39% 44.72% -38.88% 51.35% 3.86% 16.8% -18.67% 23.46% 4.74% 112.84% 7.92% 3.06% -1.01% -28.26% -18.82% 44.07% -25.79% 72.83% 12.2% 310.0% 81.82% 10.0% -28.57% 55.56% -66.67% 0.0% 28.57% 5.0% 17.65% -22.73% 37.5% 23.08% 44.44% -18.18% 37.5%
Total Long-Term Liabilities $37.49M $39.63M $27.38M $44.80M $29.60M $28.50M $24.40M $30.00M $24.30M $23.20M $10.90M $10.10M $9.800M $9.900M $13.80M $17.00M $11.80M $15.90M $9.200M $8.200M $2.000M $1.100M $1.000M $1.400M $900.0K $2.700M $2.700M $2.100M $2.000M $1.700M $2.200M $1.600M $1.300M $900.0K $1.100M $800.0K
YoY Change -5.39% 44.72% -38.88% 51.35% 3.86% 16.8% -18.67% 23.46% 4.74% 112.84% 7.92% 3.06% -1.01% -28.26% -18.82% 44.07% -25.79% 72.83% 12.2% 310.0% 81.82% 10.0% -28.57% 55.56% -66.67% 0.0% 28.57% 5.0% 17.65% -22.73% 37.5% 23.08% 44.44% -18.18% 37.5%
Total Liabilities $1.497B $1.569B $1.534B $1.543B $1.485B $1.428B $1.421B $1.335B $1.234B $1.159B $970.5M $911.8M $831.5M $758.9M $711.3M $653.0M $597.5M $558.7M $513.4M $520.2M $263.1M $224.5M $199.4M $190.5M $183.2M $178.5M $169.9M $151.4M $140.8M $114.7M $106.1M $93.40M $63.30M $53.70M $47.90M $40.30M
YoY Change -4.6% 2.28% -0.55% 3.87% 4.01% 0.49% 6.47% 8.17% 6.44% 19.44% 6.44% 9.66% 9.57% 6.69% 8.93% 9.29% 6.94% 8.82% -1.31% 97.72% 17.19% 12.59% 4.67% 3.98% 2.63% 5.06% 12.22% 7.53% 22.76% 8.11% 13.6% 47.55% 17.88% 12.11% 18.86%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988
Basic Shares Outstanding 49.70M shares 50.14M shares 49.97M shares 50.40M shares 50.22M shares 50.08M shares 50.08M shares 50.08M shares 50.08M shares 50.08M shares 50.08M shares 50.01M shares 49.81M shares 49.69M shares
Diluted Shares Outstanding 50.68M shares 50.87M shares 50.65M shares 50.94M shares 50.35M shares 50.14M shares 50.08M shares 50.08M shares
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Market Cap: $221.59 Million

About CITIZENS, INC.

Citizens, Inc. is a holding company, which engages in the provision of insurance and reinsurance services. The company is headquartered in Austin, Texas and currently employs 232 full-time employees. The firm is providing life, living benefits and final expense insurance and other financial products to individuals and small businesses in the United States, Latin America, and Asia. The firm operates through two segments: Life Insurance, and Home Service Insurance. The Life Insurance segment sells United States dollar-denominated ordinary whole life insurance, endowment, and critical illness policies to non-United States residents, located principally in Latin America and the Pacific Rim, internationally. Also, this segment domestically sells whole life insurance, life insurance with living benefits, critical illness, credit life and disability products throughout the United States. Home Service Insurance segment sells final expense life insurance policies to middle- and lower-income households, as well as whole life products with higher allowable face values, in Louisiana, Mississippi and Arkansas.

Industry: Life Insurance Peers: NeueHealth, Inc. METLIFE INC MIDWEST HOLDING INC. National Western Life Group, Inc. UTG INC Vericity, Inc.