2012 Q2 Form 10-Q Financial Statement

#000138365012000024 Filed on May 04, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2012 Q1 2011 Q1
Revenue $61.42M $69.35M $74.45M
YoY Change -16.56% -6.85% -43.08%
Cost Of Revenue $10.70M $9.700M $8.300M
YoY Change 44.59% 16.87% -25.23%
Gross Profit $50.70M $59.60M $66.20M
YoY Change -23.41% -9.97% -44.65%
Gross Profit Margin 82.54% 85.94% 88.92%
Selling, General & Admin $8.100M $8.300M $6.800M
YoY Change 26.56% 22.06% -2.86%
% of Gross Profit 15.98% 13.93% 10.27%
Research & Development $14.47M $16.67M $6.617M
YoY Change 29.64% 151.91% 2105.67%
% of Gross Profit 28.54% 27.97% 10.0%
Depreciation & Amortization $18.00M $10.63M $10.74M
YoY Change 66.67% -1.01% 1.29%
% of Gross Profit 35.5% 17.83% 16.22%
Operating Expenses $48.67M $44.43M $33.32M
YoY Change 32.71% 33.34% 86.16%
Operating Profit $12.75M $19.16M $41.13M
YoY Change -65.48% -53.41% -59.56%
Interest Expense $43.46M $43.46M $43.40M
YoY Change 0.14% 0.14% -201.16%
% of Operating Profit 340.85% 226.8% 105.52%
Other Income/Expense, Net -$43.14M -$44.22M -$43.34M
YoY Change -1.52% 2.05%
Pretax Income -$30.40M -$25.10M -$2.200M
YoY Change 340.58% 1040.91% -103.74%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$30.39M -$25.06M -$2.209M
YoY Change 342.43% 1034.54% -103.76%
Net Earnings / Revenue -49.47% -36.14% -2.97%
Basic Earnings Per Share $0.17 $0.23 $0.35
Diluted Earnings Per Share -$124.6K -$150.8K -$13.59K
COMMON SHARES
Basic Shares Outstanding 31.27M shares 31.00M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2012 Q2 2012 Q1 2011 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $171.0M $59.00M $47.00M
YoY Change 210.91% 25.53% -60.17%
Cash & Equivalents $171.0M $59.44M $59.44M
Short-Term Investments
Other Short-Term Assets $23.00M $65.00M $63.00M
YoY Change 4.55% 3.17% -1.56%
Inventory $621.0K $536.0K $2.000M
Prepaid Expenses
Receivables $26.00K $21.00K $6.000M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $198.9M $135.8M $118.0M
YoY Change 154.53% 15.1% -36.56%
LONG-TERM ASSETS
Property, Plant & Equipment $1.541B $1.505B $1.542B
YoY Change 0.46% -2.41% -2.34%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $35.38M $22.79M $116.0M
YoY Change 183.73% -80.36% -1.69%
Total Long-Term Assets $1.674B $1.627B $1.658B
YoY Change 1.55% -1.9% -2.3%
TOTAL ASSETS
Total Short-Term Assets $198.9M $135.8M $118.0M
Total Long-Term Assets $1.674B $1.627B $1.658B
Total Assets $1.873B $1.762B $1.776B
YoY Change 8.48% -0.77% -5.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.883M $843.0K $3.000M
YoY Change 2352.36% -71.9%
Accrued Expenses $37.57M $68.92M $64.00M
YoY Change 66.76% 7.69% 10.34%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $81.91M $104.1M $94.00M
YoY Change 47.74% 10.76% -36.49%
LONG-TERM LIABILITIES
Long-Term Debt $2.195B $2.194B $2.189B
YoY Change 0.21% 0.21% 0.23%
Other Long-Term Liabilities $310.0K $313.0K $41.00M
YoY Change -3.73% -99.24% -4.65%
Total Long-Term Liabilities $2.195B $2.194B $2.230B
YoY Change 0.21% -1.62% 0.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $81.91M $104.1M $94.00M
Total Long-Term Liabilities $2.195B $2.194B $2.230B
Total Liabilities $2.277B $2.298B $2.324B
YoY Change 1.39% -1.12% -2.15%
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 -$442.0M -$575.0M -$548.0M
YoY Change
Total Liabilities & Shareholders Equity $1.873B $1.762B $1.776B
YoY Change 8.48% -0.77% -5.68%

Cashflow Statement

Concept 2012 Q2 2012 Q1 2011 Q1
OPERATING ACTIVITIES
Net Income -$30.39M -$25.06M -$2.209M
YoY Change 342.43% 1034.54% -103.76%
Depreciation, Depletion And Amortization $18.00M $10.63M $10.74M
YoY Change 66.67% -1.01% 1.29%
Cash From Operating Activities -$7.600M -$9.887M $5.047M
YoY Change -146.34% -295.9% -95.35%
INVESTING ACTIVITIES
Capital Expenditures $414.0K $1.521M
YoY Change -72.78%
Acquisitions
YoY Change
Other Investing Activities -$42.40M $1.128M $83.00K
YoY Change 987.18% 1259.04% -100.22%
Cash From Investing Activities -$42.40M -$1.542M -$1.604M
YoY Change 987.18% -3.87% -95.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 161.4M -$10.54M -$9.900M
YoY Change -4135.0% 6.48% -85.9%
NET CHANGE
Cash From Operating Activities -7.600M -$9.887M $5.047M
Cash From Investing Activities -42.40M -$1.542M -$1.604M
Cash From Financing Activities 161.4M -$10.54M -$9.900M
Net Change In Cash 111.4M -$21.97M -$6.457M
YoY Change 1210.59% 240.27% -907.13%
FREE CASH FLOW
Cash From Operating Activities -$7.600M -$9.887M $5.047M
Capital Expenditures $414.0K $1.521M
Free Cash Flow -$10.30M $3.526M
YoY Change -392.14%

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Files In Submission

Name View Source Status
0001383650-12-000024-index-headers.html Edgar Link pending
0001383650-12-000024-index.html Edgar Link pending
0001383650-12-000024.txt Edgar Link pending
0001383650-12-000024-xbrl.zip Edgar Link pending
cqp-20120331.xml Edgar Link completed
cqp-20120331.xsd Edgar Link pending
cqp-20120331_cal.xml Edgar Link unprocessable
cqp-20120331_def.xml Edgar Link unprocessable
cqp-20120331_lab.xml Edgar Link unprocessable
cqp-20120331_pre.xml Edgar Link unprocessable
cqp20121stqtrex311.htm Edgar Link pending
cqp20121stqtrex312.htm Edgar Link pending
cqp20121stqtrex321.htm Edgar Link pending
cqp20121stqtrex322.htm Edgar Link pending
cqp2012form10q1stqtr.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
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
R2.htm Edgar Link pending
R3.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