$CIX
COMPX INTERNATIONAL INC

2016 Q1 Form 10-Q Financial Statement

#000156459016017687 Filed on May 04, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $27.10M $27.90M
YoY Change -2.87% 8.14%
Cost Of Revenue $18.87M $19.33M
YoY Change -2.35% 7.18%
Gross Profit $8.200M $8.600M
YoY Change -4.65% 11.69%
Gross Profit Margin 30.26% 30.82%
Selling, General & Admin $4.852M $4.866M
YoY Change -0.29% 9.08%
% of Gross Profit 59.17% 56.58%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $909.0K $886.0K
YoY Change 2.6% 0.8%
% of Gross Profit 11.09% 10.3%
Operating Expenses $4.852M $4.866M
YoY Change -0.29% 9.08%
Operating Profit $3.400M $3.700M
YoY Change -8.11% 12.12%
Interest Expense $30.00K $10.00K
YoY Change 200.0%
% of Operating Profit 0.88% 0.27%
Other Income/Expense, Net
YoY Change
Pretax Income $3.385M $3.709M
YoY Change -8.74% 12.63%
Income Tax $1.185M $1.295M
% Of Pretax Income 35.01% 34.92%
Net Earnings $2.200M $2.400M
YoY Change -8.33% 14.29%
Net Earnings / Revenue 8.12% 8.6%
Basic Earnings Per Share
Diluted Earnings Per Share $177.3K $194.4K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $48.10M $41.20M
YoY Change 16.75% 17.71%
Cash & Equivalents $48.06M $41.16M
Short-Term Investments
Other Short-Term Assets $1.400M $2.900M
YoY Change -51.72% -3.33%
Inventory $14.40M $16.80M
Prepaid Expenses
Receivables $11.90M $12.20M
Other Receivables $0.00 $0.00
Total Short-Term Assets $75.70M $73.10M
YoY Change 3.56% 10.93%
LONG-TERM ASSETS
Property, Plant & Equipment $33.90M $32.90M
YoY Change 3.04% -2.08%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $600.0K $600.0K
YoY Change 0.0% 0.0%
Total Long-Term Assets $58.20M $57.30M
YoY Change 1.57% -1.04%
TOTAL ASSETS
Total Short-Term Assets $75.70M $73.10M
Total Long-Term Assets $58.20M $57.30M
Total Assets $133.9M $130.4M
YoY Change 2.68% 5.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.018M $3.634M
YoY Change -16.95% -14.77%
Accrued Expenses $5.600M $5.600M
YoY Change 0.0% 7.69%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $9.700M $10.40M
YoY Change -6.73% -2.8%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $9.700M $10.40M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $14.70M $17.60M
YoY Change -16.48% 0.57%
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 $119.3M $112.8M
YoY Change
Total Liabilities & Shareholders Equity $133.9M $130.4M
YoY Change 2.68% 5.33%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income $2.200M $2.400M
YoY Change -8.33% 14.29%
Depreciation, Depletion And Amortization $909.0K $886.0K
YoY Change 2.6% 0.8%
Cash From Operating Activities -$2.450M -$3.005M
YoY Change -18.47% 28.53%
INVESTING ACTIVITIES
Capital Expenditures $1.221M $790.0K
YoY Change 54.56% 5.76%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$1.220M -$790.0K
YoY Change 54.43% 5.76%
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 -620.0K
YoY Change 0.0% 0.16%
NET CHANGE
Cash From Operating Activities -2.450M -3.005M
Cash From Investing Activities -1.220M -790.0K
Cash From Financing Activities -620.0K -620.0K
Net Change In Cash -4.290M -3.005M
YoY Change 42.76% -18.87%
FREE CASH FLOW
Cash From Operating Activities -$2.450M -$3.005M
Capital Expenditures $1.221M $790.0K
Free Cash Flow -$3.671M -$3.795M
YoY Change -3.27% 23.01%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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DividendsCommonStockCash
620000
CY2016Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2016Q1 us-gaap Net Income Loss
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CY2016Q1 us-gaap Gross Profit
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CY2016Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
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CY2016Q1 us-gaap Selling General And Administrative Expense
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CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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3385000
CY2016Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
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CY2016Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2016Q1 us-gaap Earnings Per Share Basic And Diluted
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CY2015Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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CY2016Q1 us-gaap Depreciation Depletion And Amortization
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CY2016Q1 us-gaap Deferred Income Tax Expense Benefit
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CY2016Q1 us-gaap Other Noncash Income Expense
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CY2016Q1 us-gaap Increase Decrease In Accounts Receivable
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CY2015Q1 us-gaap Cost Of Goods Sold
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CY2016Q1 us-gaap Cost Of Goods Sold
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CY2015Q1 us-gaap Gross Profit
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CY2015Q1 us-gaap Selling General And Administrative Expense
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CY2015Q1 us-gaap Operating Income Loss
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CY2015Q1 us-gaap Investment Income Interest
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CY2016Q1 us-gaap Common Stock Dividends Per Share Cash Paid
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CY2015Q1 us-gaap Deferred Income Tax Expense Benefit
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CY2015Q1 us-gaap Increase Decrease In Inventories
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CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2015Q1 us-gaap Income Tax Expense Benefit
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CY2015Q1 us-gaap Net Income Loss
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CY2015Q1 us-gaap Earnings Per Share Basic And Diluted
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CY2015Q1 us-gaap Common Stock Dividends Per Share Cash Paid
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CY2015Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2016Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2015Q1 us-gaap Increase Decrease In Due To Affiliates
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CY2016Q1 us-gaap Increase Decrease In Due To Affiliates
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CY2015Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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CY2015Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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CY2015Q1 us-gaap Payments To Acquire Property Plant And Equipment
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CY2015Q1 us-gaap Payments Of Dividends Common Stock
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CY2016Q1 us-gaap Payments Of Dividends Common Stock
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CY2015Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
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CY2016Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
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CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2015Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2015Q1 us-gaap Income Taxes Paid Net
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CY2016Q1 us-gaap Income Taxes Paid Net
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CY2016Q1 us-gaap Accrued Insurance Current
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CY2015Q4 us-gaap Other Accrued Liabilities Current
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CY2016Q1 us-gaap Other Accrued Liabilities Current
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CY2015Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2016Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2015Q1 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
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CY2016Q1 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
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CY2015Q1 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2016Q1 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2016Q1 us-gaap Allowance For Doubtful Accounts Receivable
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CY2015Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
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CY2016Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
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CY2015Q4 cix Accrued Customer Tooling Cost
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CY2015Q4 us-gaap Accrued Professional Fees Current
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CY2016Q1 us-gaap Income Tax Reconciliation Other Adjustments
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CY2015Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2016Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2015Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
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CY2016Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
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CY2016Q1 us-gaap Accounts Payable Fair Value Disclosure
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