2014 Form 10-K Financial Statement
#000091114715000008 Filed on March 16, 2015
Income Statement
| Concept | 2014 |
|---|---|
| Revenue | $120.0M |
| YoY Change | 14.72% |
| Cost Of Revenue | $70.60M |
| YoY Change | 19.06% |
| Gross Profit | $120.0M |
| YoY Change | 165.01% |
| Gross Profit Margin | 100.04% |
| Selling, General & Admin | $38.90M |
| YoY Change | 17.52% |
| % of Gross Profit | 32.4% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $7.840M |
| YoY Change | 18.79% |
| % of Gross Profit | 6.53% |
| Operating Expenses | $46.80M |
| YoY Change | 17.88% |
| Operating Profit | $73.25M |
| YoY Change | 1208.0% |
| Interest Expense | -$2.200M |
| YoY Change | 214.29% |
| % of Operating Profit | -3.0% |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | $400.0K |
| YoY Change | -94.59% |
| Income Tax | $1.500M |
| % Of Pretax Income | 375.0% |
| Net Earnings | $1.200M |
| YoY Change | -80.65% |
| Net Earnings / Revenue | 1.0% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | $49.18K |
| COMMON SHARES | |
| Basic Shares Outstanding | 24.38M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2014 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $24.70M |
| YoY Change | -9.52% |
| Cash & Equivalents | $24.70M |
| Short-Term Investments | |
| Other Short-Term Assets | $3.200M |
| YoY Change | 3.23% |
| Inventory | $600.0K |
| Prepaid Expenses | |
| Receivables | $1.600M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $30.20M |
| YoY Change | -6.79% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $134.6M |
| YoY Change | 1.51% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | $1.000M |
| YoY Change | |
| Other Assets | $3.800M |
| YoY Change | -19.15% |
| Total Long-Term Assets | $156.9M |
| YoY Change | -0.82% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $30.20M |
| Total Long-Term Assets | $156.9M |
| Total Assets | $187.1M |
| YoY Change | -1.84% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $3.400M |
| YoY Change | 36.0% |
| Accrued Expenses | $15.70M |
| YoY Change | 5.37% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $5.300M |
| YoY Change | 26.19% |
| Total Short-Term Liabilities | $28.10M |
| YoY Change | 4.85% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $32.60M |
| YoY Change | 9.03% |
| Other Long-Term Liabilities | $500.0K |
| YoY Change | -16.67% |
| Total Long-Term Liabilities | $33.10M |
| YoY Change | 8.52% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $28.10M |
| Total Long-Term Liabilities | $33.10M |
| Total Liabilities | $68.70M |
| YoY Change | -0.15% |
| 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 | $118.4M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $187.1M |
| YoY Change | -1.84% |
Cashflow Statement
| Concept | 2014 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $1.200M |
| YoY Change | -80.65% |
| Depreciation, Depletion And Amortization | $7.840M |
| YoY Change | 18.79% |
| Cash From Operating Activities | $7.320M |
| YoY Change | -1.61% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$16.10M |
| YoY Change | 162.21% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | -$410.0K |
| YoY Change | -91.42% |
| Cash From Investing Activities | -$16.51M |
| YoY Change | 51.19% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 7.340M |
| YoY Change | 16.14% |
| NET CHANGE | |
| Cash From Operating Activities | 7.320M |
| Cash From Investing Activities | -16.51M |
| Cash From Financing Activities | 7.340M |
| Net Change In Cash | -1.850M |
| YoY Change | -165.14% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $7.320M |
| Capital Expenditures | -$16.10M |
| Free Cash Flow | $23.42M |
| YoY Change | 72.46% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
24381000 | |
| CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
895348 | |
| CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
2.96 | |
| CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
919848 | |
| CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.94 | |
| CY2012 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P1Y6M29D | |
| CY2013 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
2.93 | |
| CY2014 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.91 | |
| CY2013 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
849210 | |
| CY2014 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
3296 |
