$CNXN
PC CONNECTION INC

2012 Q2 Form 10-Q Financial Statement

#000119312512343972 Filed on August 08, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $542.6M $512.6M
YoY Change 5.85% 7.34%
Cost Of Revenue $471.0M $445.7M
YoY Change 5.68% 5.71%
Gross Profit $71.57M $66.89M
YoY Change 6.99% 19.45%
Gross Profit Margin 13.19% 13.05%
Selling, General & Admin $56.90M $54.48M
YoY Change 4.45% 14.69%
% of Gross Profit 79.51% 81.44%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.600M $1.600M
YoY Change 0.0% 23.08%
% of Gross Profit 2.24% 2.39%
Operating Expenses $56.90M $54.48M
YoY Change 4.45% 14.69%
Operating Profit $14.67M $12.42M
YoY Change 18.13% 46.08%
Interest Expense $64.00K $87.00K
YoY Change -26.44% -187.0%
% of Operating Profit 0.44% 0.7%
Other Income/Expense, Net -$29.00K $32.00K
YoY Change -190.63%
Pretax Income $14.58M $12.36M
YoY Change 17.9% 47.17%
Income Tax $5.749M $4.882M
% Of Pretax Income 39.44% 39.49%
Net Earnings $8.826M $7.480M
YoY Change 17.99% 49.6%
Net Earnings / Revenue 1.63% 1.46%
Basic Earnings Per Share $0.33 $0.28
Diluted Earnings Per Share $0.33 $0.28
COMMON SHARES
Basic Shares Outstanding 26.40M shares 26.85M shares
Diluted Shares Outstanding 26.52M shares 26.92M shares

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $63.40M $55.30M
YoY Change 14.65% 11.04%
Cash & Equivalents $63.42M $55.29M
Short-Term Investments
Other Short-Term Assets $8.100M $8.500M
YoY Change -4.71% 13.33%
Inventory $74.92M $75.40M
Prepaid Expenses
Receivables $253.7M
Other Receivables
Total Short-Term Assets $402.6M $382.8M
YoY Change 5.18% 7.98%
LONG-TERM ASSETS
Property, Plant & Equipment $24.90M $20.60M
YoY Change 20.88% 85.59%
Goodwill $51.28M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $708.0K $600.0K
YoY Change 18.0% 50.0%
Total Long-Term Assets $81.58M $78.00M
YoY Change 4.59% 27.04%
TOTAL ASSETS
Total Short-Term Assets $402.6M $382.8M
Total Long-Term Assets $81.58M $78.00M
Total Assets $484.2M $460.8M
YoY Change 5.08% 10.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $138.2M $135.4M
YoY Change 2.07% 6.03%
Accrued Expenses $43.90M $42.20M
YoY Change 4.03% 23.39%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.000M $900.0K
YoY Change 11.11% 12.5%
Total Short-Term Liabilities $183.1M $178.4M
YoY Change 2.63% 9.58%
LONG-TERM LIABILITIES
Long-Term Debt $500.0K $1.500M
YoY Change -66.67% -37.5%
Other Long-Term Liabilities $3.017M $4.600M
YoY Change -34.41% 15.0%
Total Long-Term Liabilities $3.017M $6.100M
YoY Change -50.54% -4.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $183.1M $178.4M
Total Long-Term Liabilities $3.017M $6.100M
Total Liabilities $196.5M $191.9M
YoY Change 2.37% 10.48%
SHAREHOLDERS EQUITY
Retained Earnings $196.6M
YoY Change
Common Stock $101.0M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $9.826M
YoY Change
Treasury Stock Shares
Shareholders Equity $287.7M $268.8M
YoY Change
Total Liabilities & Shareholders Equity $484.2M $460.8M
YoY Change 5.08% 10.8%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income $8.826M $7.480M
YoY Change 17.99% 49.6%
Depreciation, Depletion And Amortization $1.600M $1.600M
YoY Change 0.0% 23.08%
Cash From Operating Activities $16.80M $3.800M
YoY Change 342.11% -159.37%
INVESTING ACTIVITIES
Capital Expenditures -$2.400M -$4.500M
YoY Change -46.67% 200.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$1.000M
YoY Change -100.0%
Cash From Investing Activities -$2.400M -$5.400M
YoY Change -55.56% 260.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -800.0K -1.500M
YoY Change -46.67% 15.38%
NET CHANGE
Cash From Operating Activities 16.80M 3.800M
Cash From Investing Activities -2.400M -5.400M
Cash From Financing Activities -800.0K -1.500M
Net Change In Cash 13.60M -3.100M
YoY Change -538.71% -66.3%
FREE CASH FLOW
Cash From Operating Activities $16.80M $3.800M
Capital Expenditures -$2.400M -$4.500M
Free Cash Flow $19.20M $8.300M
YoY Change 131.33% -269.39%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
26451532 shares
CY2012Q1 us-gaap Ratio Of Indebtedness To Net Capital1
RatioOfIndebtednessToNetCapital1
2.0 pure
CY2012Q1 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
50000000
CY2012Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4697000
CY2012Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
80000000
CY2011Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
55292000
CY2012Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4655000
CY2012Q2 us-gaap Treasury Stock Number Of Shares Held
TreasuryStockNumberOfSharesHeld
1682000 shares
CY2012Q2 us-gaap Goodwill
Goodwill
51276000
CY2012Q2 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
3398000
CY2012Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
100716000
CY2012Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
708000
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
840000
CY2012Q2 us-gaap Stockholders Equity
StockholdersEquity
287742000
CY2012Q2 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
4697000
CY2012Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
37000
CY2012Q2 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
462000
CY2012Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
12649000
CY2012Q2 us-gaap Treasury Stock Carrying Basis
TreasuryStockCarryingBasis
12233000
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
620000
CY2012Q2 us-gaap Liabilities
Liabilities
196452000
CY2012Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
138199000
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1027000
CY2012Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3017000
CY2012Q2 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
50000000
CY2012Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
2479000
CY2012Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
196575000
CY2012Q2 us-gaap Assets
Assets
484194000
CY2012Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
9877000
CY2012Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
253734000
CY2012Q2 us-gaap Inventory Net
InventoryNet
74921000
CY2012Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
484194000
CY2012Q2 us-gaap Treasury Stock Value
TreasuryStockValue
9826000
CY2012Q2 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
1026000
CY2012Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
63424000
CY2012Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6040000
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
609000
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1014000
CY2012Q2 us-gaap Liabilities Current
LiabilitiesCurrent
183096000
CY2012Q2 us-gaap Common Stock Value
CommonStockValue
277000
CY2012Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1343000
CY2012Q2 us-gaap Assets Current
AssetsCurrent
402611000
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
587000
CY2012Q2 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
31222000
CY2012Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
24902000
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
35374000
CY2011Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4713000
CY2011Q4 us-gaap Goodwill
Goodwill
51276000
CY2011Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
4436000
CY2011Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
5267000
CY2011Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
99957000
CY2011Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
652000
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
273529000
CY2011Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5205000
CY2011Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
5205000
CY2011Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
989000
CY2011Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
12964000
CY2011Q4 us-gaap Liabilities
Liabilities
194490000
CY2011Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
130900000
CY2011Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3471000
CY2011Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
1927000
CY2011Q4 us-gaap Finite Lived Trade Names Gross
FiniteLivedTradeNamesGross
1190000
CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
182274000
CY2011Q4 us-gaap Assets
Assets
468019000
CY2011Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
9026000
CY2011Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
295188000
CY2011Q4 us-gaap Inventory Net
InventoryNet
77437000
CY2011Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
468019000
CY2011Q4 us-gaap Treasury Stock Value
TreasuryStockValue
8978000
CY2011Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
971000
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4615000
CY2011Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6040000
CY2011Q4 us-gaap Liabilities Current
LiabilitiesCurrent
181004000
CY2011Q4 us-gaap Common Stock Value
CommonStockValue
276000
CY2011Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
835000
CY2011Q4 us-gaap Assets Current
AssetsCurrent
388316000
CY2011Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
30902000
CY2011Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
22570000
us-gaap Operating Income Loss
OperatingIncomeLoss
19946000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
18925000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4745000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
97000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
454000
us-gaap Share Based Compensation
ShareBasedCompensation
441000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.44
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1119000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1534000
us-gaap Stock Issued1
StockIssued1
183000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
82000 shares
us-gaap Depreciation And Amortization
DepreciationAndAmortization
2889000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
131000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
32876000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11315000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6120000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
19918000
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
183000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
680000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26959000 shares
us-gaap Sales Revenue Net
SalesRevenueNet
974487000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
884000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
19915000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.45
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1643000
us-gaap Cost Of Revenue
CostOfRevenue
848774000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26877000 shares
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
845000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-962000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-13000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability
20000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
165000
us-gaap Gross Profit
GrossProfit
125713000
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
423000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
450000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1077000
us-gaap Tax Benefit From Stock Options Exercised1
TaxBenefitFromStockOptionsExercised1
-6000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
456 shares
us-gaap Net Income Loss
NetIncomeLoss
11974000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
105767000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7941000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
263000
us-gaap Liabilities Assumed1
LiabilitiesAssumed1
1900000
us-gaap Interest Expense
InterestExpense
128000
dei Trading Symbol
TradingSymbol
PCCC
dei Entity Registrant Name
EntityRegistrantName
PC CONNECTION INC
dei Amendment Flag
AmendmentFlag
false
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2012-06-30
dei Entity Central Index Key
EntityCentralIndexKey
0001050377
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1466000
us-gaap Operating Income Loss
OperatingIncomeLoss
23694000
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
12471000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
7385000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
17000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
344000
us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
960000
us-gaap Share Based Compensation
ShareBasedCompensation
1219000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.54
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
4000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
690000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1466000
us-gaap Stock Issued1
StockIssued1
926000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
133000 shares
us-gaap Depreciation And Amortization
DepreciationAndAmortization
3181000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
166000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
72027000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5176000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5180000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
58809000
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
260000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
494000
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
162000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26554000 shares
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
7204000
us-gaap Sales Revenue Net
SalesRevenueNet
1041332000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-40764000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
23647000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.54
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-8042000
us-gaap Cost Of Revenue
CostOfRevenue
903150000
us-gaap Stock Issued During Period Value Issued For Noncash Considerations
StockIssuedDuringPeriodValueIssuedForNoncashConsiderations
-842000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-2516000
us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
2767000
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
308000
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
36000 shares
us-gaap Payments For Other Operating Activities
PaymentsForOtherOperatingActivities
-256000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
541000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-85000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability
30000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
56000
us-gaap Gross Profit
GrossProfit
138182000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
308000
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
5000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26421000 shares
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
472000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1889000
us-gaap Tax Benefit From Stock Options Exercised1
TaxBenefitFromStockOptionsExercised1
41000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
318 shares
us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
1135000
us-gaap Net Income Loss
NetIncomeLoss
14301000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
5000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
113353000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9346000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
508000
us-gaap Interest Expense
InterestExpense
64000
CY2001Q1 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
15000000
CY2012Q1 pccc Line Of Credit Facility Amended Expiration Month And Year
LineOfCreditFacilityAmendedExpirationMonthAndYear
2017-02
CY2012Q2 pccc Libor Period For Interest Rate Received
LiborPeriodForInterestRateReceived
P1M
CY2011Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
12417000
CY2011Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
32000
CY2011Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2011Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
71000 shares
CY2011Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1545000
CY2011Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26923000 shares
CY2011Q2 us-gaap Sales Revenue Net
SalesRevenueNet
512561000
CY2011Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
12362000
CY2011Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2011Q2 us-gaap Cost Of Revenue
CostOfRevenue
445667000
CY2011Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26852000 shares
CY2011Q2 us-gaap Gross Profit
GrossProfit
66894000
CY2011Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
508 shares
CY2011Q2 us-gaap Net Income Loss
NetIncomeLoss
7480000
CY2011Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
54477000
CY2011Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4882000
CY2011Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
206000
CY2011Q2 us-gaap Interest Expense
InterestExpense
87000
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
14668000
CY2012Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-29000
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
CY2012Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
116000 shares
CY2012Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1623000
CY2012Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26519000 shares
CY2012Q2 us-gaap Sales Revenue Net
SalesRevenueNet
542569000
CY2012Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
14575000
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.33
CY2012Q2 us-gaap Cost Of Revenue
CostOfRevenue
470998000
CY2012Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26403000 shares
CY2012Q2 us-gaap Gross Profit
GrossProfit
71571000
CY2012Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
320 shares
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
8826000
CY2012Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
56903000
CY2012Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5749000
CY2012Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
274000
CY2012Q2 us-gaap Interest Expense
InterestExpense
64000

Files In Submission

Name View Source Status
0001193125-12-343972-index-headers.html Edgar Link pending
0001193125-12-343972-index.html Edgar Link pending
0001193125-12-343972.txt Edgar Link pending
0001193125-12-343972-xbrl.zip Edgar Link pending
d357166d10q.htm Edgar Link pending
d357166dex101.htm Edgar Link pending
d357166dex102.htm Edgar Link pending
d357166dex311.htm Edgar Link pending
d357166dex312.htm Edgar Link pending
d357166dex321.htm Edgar Link pending
d357166dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
pccc-20120630.xml Edgar Link completed
pccc-20120630.xsd Edgar Link pending
pccc-20120630_cal.xml Edgar Link unprocessable
pccc-20120630_def.xml Edgar Link unprocessable
pccc-20120630_lab.xml Edgar Link unprocessable
pccc-20120630_pre.xml Edgar Link unprocessable
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
R32.htm Edgar Link pending
R33.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