2018 Q3 Form 10-Q Financial Statement

#000122765418000207 Filed on November 01, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2017 Q3
Revenue $322.5M $290.7M
YoY Change 10.94% 61.86%
Cost Of Revenue $251.1M $214.6M
YoY Change 17.01% 59.67%
Gross Profit $71.40M $76.10M
YoY Change -6.18% 68.36%
Gross Profit Margin 22.14% 26.18%
Selling, General & Admin $38.80M $44.70M
YoY Change -13.2% 73.93%
% of Gross Profit 54.34% 58.74%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $34.00M $32.70M
YoY Change 3.98% 50.0%
% of Gross Profit 47.62% 42.97%
Operating Expenses $38.80M $44.70M
YoY Change -13.2% 73.93%
Operating Profit $32.60M $31.40M
YoY Change 3.82% 61.03%
Interest Expense $15.90M $13.50M
YoY Change 17.78% 150.0%
% of Operating Profit 48.77% 42.99%
Other Income/Expense, Net -$2.800M $1.200M
YoY Change -333.33% -180.0%
Pretax Income $14.50M $19.50M
YoY Change -25.64% 59.84%
Income Tax $1.700M -$12.50M
% Of Pretax Income 11.72% -64.1%
Net Earnings $12.80M $32.00M
YoY Change -60.0% 251.65%
Net Earnings / Revenue 3.97% 11.01%
Basic Earnings Per Share $0.37 $0.94
Diluted Earnings Per Share $0.37 $0.94
COMMON SHARES
Basic Shares Outstanding 33.85M shares 33.83M shares
Diluted Shares Outstanding 33.85M shares 33.83M shares

Balance Sheet

Concept 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $36.10M $39.10M
YoY Change -7.67% -90.95%
Cash & Equivalents $36.10M $39.10M
Short-Term Investments
Other Short-Term Assets $84.00M $47.40M
YoY Change 77.22% 15.89%
Inventory $312.0M $336.0M
Prepaid Expenses
Receivables $213.0M $209.6M
Other Receivables $0.00 $0.00
Total Short-Term Assets $645.1M $632.1M
YoY Change 2.06% -26.57%
LONG-TERM ASSETS
Property, Plant & Equipment $1.067B $1.140B
YoY Change -6.39% 25.61%
Goodwill $345.2M $421.6M
YoY Change -18.12% 595.71%
Intangibles $120.4M $150.9M
YoY Change -20.21% 77.11%
Long-Term Investments $24.30M $24.70M
YoY Change -1.62% -80.63%
Other Assets $150.9M $77.50M
YoY Change 94.71% 27.68%
Total Long-Term Assets $1.708B $1.815B
YoY Change -5.89% 46.16%
TOTAL ASSETS
Total Short-Term Assets $645.1M $632.1M
Total Long-Term Assets $1.708B $1.815B
Total Assets $2.353B $2.447B
YoY Change -3.83% 16.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $137.3M $94.60M
YoY Change 45.14% 81.23%
Accrued Expenses $46.40M $70.20M
YoY Change -33.9% 31.46%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $28.20M $55.40M
YoY Change -49.1% 551.76%
Total Short-Term Liabilities $252.9M $251.0M
YoY Change 0.76% 86.9%
LONG-TERM LIABILITIES
Long-Term Debt $1.312B $1.274B
YoY Change 2.97% 5.82%
Other Long-Term Liabilities $144.7M $49.90M
YoY Change 189.98% 87.59%
Total Long-Term Liabilities $1.457B $1.324B
YoY Change 10.01% 7.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $252.9M $251.0M
Total Long-Term Liabilities $1.457B $1.324B
Total Liabilities $1.710B $1.575B
YoY Change 8.54% 15.39%
SHAREHOLDERS EQUITY
Retained Earnings $616.9M $701.3M
YoY Change -12.03% 7.31%
Common Stock $106.7M $101.6M
YoY Change 5.02% 5.39%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.900M $2.900M
YoY Change 0.0% -3.33%
Treasury Stock Shares 1.516M shares 1.540M shares
Shareholders Equity $531.2M $748.0M
YoY Change
Total Liabilities & Shareholders Equity $2.353B $2.447B
YoY Change -3.83% 16.38%

Cashflow Statement

Concept 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $12.80M $32.00M
YoY Change -60.0% 251.65%
Depreciation, Depletion And Amortization $34.00M $32.70M
YoY Change 3.98% 50.0%
Cash From Operating Activities -$16.20M -$16.50M
YoY Change -1.82% -61.45%
INVESTING ACTIVITIES
Capital Expenditures -$20.10M -$25.40M
YoY Change -20.87% -52.88%
Acquisitions
YoY Change
Other Investing Activities -$800.0K -$1.100M
YoY Change -27.27% -21.43%
Cash From Investing Activities -$20.90M -$26.50M
YoY Change -21.13% -52.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 31.40M 47.80M
YoY Change -34.31% -89.08%
NET CHANGE
Cash From Operating Activities -16.20M -16.50M
Cash From Investing Activities -20.90M -26.50M
Cash From Financing Activities 31.40M 47.80M
Net Change In Cash -5.700M 4.800M
YoY Change -218.75% -98.59%
FREE CASH FLOW
Cash From Operating Activities -$16.20M -$16.50M
Capital Expenditures -$20.10M -$25.40M
Free Cash Flow $3.900M $8.900M
YoY Change -56.18% -19.82%

Facts In Submission

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0 shares
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CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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