2017 Q1 Form 10-Q Financial Statement

#000162828017004712 Filed on May 03, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $185.2M $146.3M
YoY Change 26.57% -13.98%
Cost Of Revenue $101.0M $68.90M
YoY Change 46.59% -25.43%
Gross Profit $84.20M $77.40M
YoY Change 8.79% -0.39%
Gross Profit Margin 45.47% 52.91%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.812M $7.503M
YoY Change 17.45% 7.57%
% of Gross Profit 10.47% 9.69%
Operating Expenses $150.1M $109.9M
YoY Change 36.52% -17.09%
Operating Profit $35.10M $36.38M
YoY Change -3.52% -3.01%
Interest Expense $2.739M $2.650M
YoY Change 3.36% 8.25%
% of Operating Profit 7.8% 7.28%
Other Income/Expense, Net -$700.0K -$34.00K
YoY Change 1958.82% -125.56%
Pretax Income $31.66M $33.70M
YoY Change -6.04% -4.25%
Income Tax $12.52M $13.33M
% Of Pretax Income 39.53% 39.56%
Net Earnings $19.14M $20.37M
YoY Change -6.0% -3.52%
Net Earnings / Revenue 10.34% 13.92%
Basic Earnings Per Share $1.17 $1.33
Diluted Earnings Per Share $1.17 $1.33
COMMON SHARES
Basic Shares Outstanding 16.32M shares 15.29M shares
Diluted Shares Outstanding 16.36M shares 15.33M shares

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.700M $3.300M
YoY Change 72.73% -79.63%
Cash & Equivalents $5.700M $3.315M
Short-Term Investments
Other Short-Term Assets $1.804M $1.688M
YoY Change 6.87% 474.15%
Inventory $9.800M $10.90M
Prepaid Expenses $4.534M $4.982M
Receivables $58.38M $44.43M
Other Receivables $13.40M $16.20M
Total Short-Term Assets $118.8M $100.4M
YoY Change 18.37% -11.4%
LONG-TERM ASSETS
Property, Plant & Equipment $1.018B $881.2M
YoY Change 15.56% 24.26%
Goodwill $15.07M $15.07M
YoY Change 0.0% 204.32%
Intangibles $1.752M $2.128M
YoY Change -17.67% -8.12%
Long-Term Investments $5.200M $3.700M
YoY Change 40.54% -2.63%
Other Assets $76.20M $76.90M
YoY Change -0.91% -1.54%
Total Long-Term Assets $1.119B $981.6M
YoY Change 14.05% 22.64%
TOTAL ASSETS
Total Short-Term Assets $118.8M $100.4M
Total Long-Term Assets $1.119B $981.6M
Total Assets $1.238B $1.082B
YoY Change 14.45% 18.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $49.50M $36.30M
YoY Change 36.37% -21.57%
Accrued Expenses $17.70M $15.10M
YoY Change 17.22% -4.43%
Deferred Revenue
YoY Change
Short-Term Debt $199.3M $172.7M
YoY Change 15.39% 158.7%
Long-Term Debt Due $12.11M $9.163M
YoY Change 32.17% 0.52%
Total Short-Term Liabilities $320.7M $274.4M
YoY Change 16.86% 47.27%
LONG-TERM LIABILITIES
Long-Term Debt $136.5M $148.6M
YoY Change -8.12% -6.0%
Other Long-Term Liabilities $4.730M $2.628M
YoY Change 79.98% -34.41%
Total Long-Term Liabilities $141.3M $151.2M
YoY Change -6.59% -6.7%
TOTAL LIABILITIES
Total Short-Term Liabilities $320.7M $274.4M
Total Long-Term Liabilities $141.3M $151.2M
Total Liabilities $462.0M $425.7M
YoY Change 8.53% 22.17%
SHAREHOLDERS EQUITY
Retained Earnings $206.2M $182.2M
YoY Change 13.19% 14.25%
Common Stock $259.1M $197.8M
YoY Change 30.96% 20.73%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.100M $2.221M
YoY Change 39.58% 29.5%
Treasury Stock Shares
Shareholders Equity $460.8M $374.3M
YoY Change
Total Liabilities & Shareholders Equity $1.238B $1.082B
YoY Change 14.45% 18.42%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $19.14M $20.37M
YoY Change -6.0% -3.52%
Depreciation, Depletion And Amortization $8.812M $7.503M
YoY Change 17.45% 7.57%
Cash From Operating Activities $59.95M $44.13M
YoY Change 35.85% -29.2%
INVESTING ACTIVITIES
Capital Expenditures $42.17M $37.78M
YoY Change 11.62% 48.27%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$42.19M -$37.83M
YoY Change 11.53% 49.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $416.0K $402.0K
YoY Change 3.48% 1.01%
Cash From Financing Activities -$16.24M -$5.843M
YoY Change 177.92% -77.0%
NET CHANGE
Cash From Operating Activities $59.95M $44.13M
Cash From Investing Activities -$42.19M -$37.83M
Cash From Financing Activities -$16.24M -$5.843M
Net Change In Cash $1.522M $460.0K
YoY Change 230.87% -96.03%
FREE CASH FLOW
Cash From Operating Activities $59.95M $44.13M
Capital Expenditures $42.17M $37.78M
Free Cash Flow $17.78M $6.351M
YoY Change 179.99% -82.77%

Facts In Submission

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-8000 USD
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420000 USD
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148000 USD
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151000 USD
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OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
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OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
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OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-77000 USD
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0 USD
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338000 USD
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0 USD
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192000 USD
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OtherInventory
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-24000 USD
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4000 USD
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-34000 USD
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0.01
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CY2017Q1 us-gaap Preferred Stock Shares Issued
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0 USD
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CY2016Q4 us-gaap Prepaid Expense Current
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195000 USD
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222000 USD
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51000 USD
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36000 USD
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4530000 USD
CY2016Q1 us-gaap Trading Securities Unrealized Holding Gain Loss
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252000 USD
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2416000 USD
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3100000 USD
CY2016Q4 us-gaap Unamortized Debt Issuance Expense
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291000 USD
CY2017Q1 us-gaap Unamortized Debt Issuance Expense
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280000 USD
CY2016Q1 us-gaap Unrealized Gain Loss On Commodity Contracts
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-18000 USD
CY2017Q1 us-gaap Unrealized Gain Loss On Commodity Contracts
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CY2016Q1 us-gaap Unregulated Operating Revenue
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57080000 USD
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15286842 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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16317224 shares

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