$CIX
COMPX INTERNATIONAL INC

2015 Q1 Form 10-Q Financial Statement

#000156459015003456 Filed on May 07, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q1
Revenue $27.90M $25.80M
YoY Change 8.14% 20.0%
Cost Of Revenue $19.33M $18.03M
YoY Change 7.18% 16.83%
Gross Profit $8.600M $7.700M
YoY Change 11.69% 28.33%
Gross Profit Margin 30.82% 29.84%
Selling, General & Admin $4.866M $4.461M
YoY Change 9.08% -2.73%
% of Gross Profit 56.58% 57.94%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $886.0K $879.0K
YoY Change 0.8% 5.27%
% of Gross Profit 10.3% 11.42%
Operating Expenses $4.866M $4.461M
YoY Change 9.08% -2.73%
Operating Profit $3.700M $3.300M
YoY Change 12.12% 135.71%
Interest Expense $10.00K $0.00
YoY Change -100.0%
% of Operating Profit 0.27% 0.0%
Other Income/Expense, Net
YoY Change
Pretax Income $3.709M $3.293M
YoY Change 12.63% 136.74%
Income Tax $1.295M $1.153M
% Of Pretax Income 34.92% 35.01%
Net Earnings $2.400M $2.100M
YoY Change 14.29% 133.33%
Net Earnings / Revenue 8.6% 8.14%
Basic Earnings Per Share
Diluted Earnings Per Share $194.4K $172.6K
COMMON SHARES
Basic Shares Outstanding 2.397M
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q1 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $41.20M $35.00M
YoY Change 17.71% -30.14%
Cash & Equivalents $41.16M $35.05M
Short-Term Investments
Other Short-Term Assets $2.900M $3.000M
YoY Change -3.33% -41.18%
Inventory $16.80M $15.10M
Prepaid Expenses
Receivables $12.20M $12.70M
Other Receivables $0.00 $0.00
Total Short-Term Assets $73.10M $65.90M
YoY Change 10.93% -13.99%
LONG-TERM ASSETS
Property, Plant & Equipment $32.90M $33.60M
YoY Change -2.08% 0.68%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $600.0K $600.0K
YoY Change 0.0% 16.73%
Total Long-Term Assets $57.30M $57.90M
YoY Change -1.04% 138.7%
TOTAL ASSETS
Total Short-Term Assets $73.10M $65.90M
Total Long-Term Assets $57.30M $57.90M
Total Assets $130.4M $123.8M
YoY Change 5.33% -7.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.634M $4.264M
YoY Change -14.77% 53.44%
Accrued Expenses $5.600M $5.200M
YoY Change 7.69% 10.64%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $10.40M $10.70M
YoY Change -2.8% 14.57%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.40M $10.70M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $17.60M $17.50M
YoY Change 0.57% -46.71%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $112.8M $106.2M
YoY Change
Total Liabilities & Shareholders Equity $130.4M $123.8M
YoY Change 5.33% -7.78%

Cashflow Statement

Concept 2015 Q1 2014 Q1
OPERATING ACTIVITIES
Net Income $2.400M $2.100M
YoY Change 14.29% 133.33%
Depreciation, Depletion And Amortization $886.0K $879.0K
YoY Change 0.8% 5.27%
Cash From Operating Activities -$3.005M -$2.338M
YoY Change 28.53% -84.03%
INVESTING ACTIVITIES
Capital Expenditures $790.0K $747.0K
YoY Change 5.76% 12.67%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$790.0K -$747.0K
YoY Change 5.76% -127.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -620.0K -619.0K
YoY Change 0.16% -65.59%
NET CHANGE
Cash From Operating Activities -3.005M -2.338M
Cash From Investing Activities -790.0K -747.0K
Cash From Financing Activities -620.0K -619.0K
Net Change In Cash -3.005M -3.704M
YoY Change -18.87% -72.99%
FREE CASH FLOW
Cash From Operating Activities -$3.005M -$2.338M
Capital Expenditures $790.0K $747.0K
Free Cash Flow -$3.795M -$3.085M
YoY Change 23.01% -79.84%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
38753000
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
35049000
CY2014Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
341000
CY2015Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
701000
CY2015Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
620000
CY2015Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-4415000
CY2014Q1 us-gaap Interest Income Other
InterestIncomeOther
5000
CY2015Q1 us-gaap Interest Income Other
InterestIncomeOther
9000
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3293000
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3709000
CY2014Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-117000
CY2015Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-26000
CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2338000
CY2015Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3005000
CY2014Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
619000
CY2015Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
620000
CY2014Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-3704000
CY2014Q4 us-gaap Disposal Group Including Discontinued Operation Other Noncurrent Assets
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentAssets
590000
CY2015Q1 us-gaap Disposal Group Including Discontinued Operation Other Noncurrent Assets
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentAssets
590000
CY2014Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
9000
CY2015Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
5000
CY2014Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
3850000
CY2015Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
3634000
CY2014Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
7388000
CY2015Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
3722000
CY2014Q4 cix Accrued Customer Tooling Cost
AccruedCustomerToolingCost
407000
CY2015Q1 cix Accrued Customer Tooling Cost
AccruedCustomerToolingCost
354000
CY2014Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
266000
CY2015Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
437000
CY2014Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
217000
CY2015Q1 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
232000
CY2014Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
231000
CY2015Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
411000
CY2014Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
437000
CY2015Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
492000
CY2014Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1153000
CY2015Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1298000
CY2015Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2014Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2014Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
45570000
CY2015Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
41155000
CY2014Q4 us-gaap Accounts Receivable Fair Value Disclosure
AccountsReceivableFairValueDisclosure
8747000
CY2015Q1 us-gaap Accounts Receivable Fair Value Disclosure
AccountsReceivableFairValueDisclosure
12167000
CY2014Q4 us-gaap Accounts Payable Fair Value Disclosure
AccountsPayableFairValueDisclosure
3850000
CY2015Q1 us-gaap Accounts Payable Fair Value Disclosure
AccountsPayableFairValueDisclosure
3634000

Files In Submission

Name View Source Status
0001564590-15-003456-index-headers.html Edgar Link pending
0001564590-15-003456-index.html Edgar Link pending
0001564590-15-003456.txt Edgar Link pending
0001564590-15-003456-xbrl.zip Edgar Link pending
cix-10q_20150331.htm Edgar Link pending
cix-20150331.xml Edgar Link completed
cix-20150331.xsd Edgar Link pending
cix-20150331_cal.xml Edgar Link unprocessable
cix-20150331_def.xml Edgar Link unprocessable
cix-20150331_lab.xml Edgar Link unprocessable
cix-20150331_pre.xml Edgar Link unprocessable
cix-ex311_201503316.htm Edgar Link pending
cix-ex312_201503318.htm Edgar Link pending
cix-ex321_201503317.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending