2024 Q3 Form 10-Q Financial Statement

#000105370624000020 Filed on August 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2024 Q1
Revenue $167.7M $171.4M $171.8M
YoY Change 3.57% 12.17%
Cost Of Revenue $115.2M $125.3M $118.9M
YoY Change 1.64% 16.22%
Gross Profit $52.56M $46.12M $52.91M
YoY Change 8.08% 2.46%
Gross Profit Margin 31.33% 26.9% 30.8%
Selling, General & Admin $31.27M $32.02M $30.50M
YoY Change 4.77% 12.84%
% of Gross Profit 59.49% 69.43% 57.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.900M $2.811M $2.792M
YoY Change 0.97% -4.49%
% of Gross Profit 5.52% 6.1% 5.28%
Operating Expenses $31.27M $32.02M $30.50M
YoY Change -4.43% 12.84%
Operating Profit $18.39M $11.29M $19.62M
YoY Change 15.56% -17.56%
Interest Expense $1.457M $1.483M $464.0K
YoY Change -163.29% 159.72%
% of Operating Profit 7.92% 13.14% 2.37%
Other Income/Expense, Net
YoY Change
Pretax Income $16.03M $9.614M $19.01M
YoY Change 17.76% -23.66%
Income Tax $4.593M $3.076M $5.321M
% Of Pretax Income 28.65% 32.0% 27.99%
Net Earnings $11.44M $6.538M $13.69M
YoY Change 20.72% -26.69%
Net Earnings / Revenue 6.82% 3.81% 7.97%
Basic Earnings Per Share
Diluted Earnings Per Share $1.67 $0.94 $1.95
COMMON SHARES
Basic Shares Outstanding 6.780M shares 6.916M shares 6.965M shares
Diluted Shares Outstanding 6.843M shares 6.911M shares 7.011M shares

Balance Sheet

Concept 2024 Q3 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $24.48M $24.65M $37.12M
YoY Change 71.54% -30.6%
Cash & Equivalents $24.48M $24.65M $37.12M
Short-Term Investments
Other Short-Term Assets $17.73M $15.75M $14.29M
YoY Change 16.48% 33.88%
Inventory
Prepaid Expenses
Receivables $152.1M $140.1M $139.1M
Other Receivables $10.48M $14.21M $14.72M
Total Short-Term Assets $285.5M $271.2M $275.4M
YoY Change 12.1% 4.99%
LONG-TERM ASSETS
Property, Plant & Equipment $38.50M $36.82M $36.83M
YoY Change -71.07% -15.82%
Goodwill $94.60M $93.90M $93.85M
YoY Change 0.75% 0.34%
Intangibles $7.599M $7.981M $6.851M
YoY Change -3.64% -3.04%
Long-Term Investments
YoY Change
Other Assets $7.248M $1.990M $2.187M
YoY Change -42.58% -19.69%
Total Long-Term Assets $296.8M $274.8M $277.1M
YoY Change 0.16% -9.53%
TOTAL ASSETS
Total Short-Term Assets $285.5M $271.2M $275.4M
Total Long-Term Assets $296.8M $274.8M $277.1M
Total Assets $582.3M $546.0M $552.5M
YoY Change 5.68% -2.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $28.43M $23.00M $33.35M
YoY Change 24.1% 0.66%
Accrued Expenses $146.3M $113.3M $106.0M
YoY Change 18.39% 8.47%
Deferred Revenue $2.141M $2.153M $2.683M
YoY Change -33.36% -43.19%
Short-Term Debt $60.00M $87.00M $70.00M
YoY Change -25.0% -13.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $268.3M $252.7M $236.8M
YoY Change 12.25% -0.43%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $108.5M $100.5M $102.9M
YoY Change 0.16% -9.03%
Total Long-Term Liabilities $109.6M $101.6M $104.0M
YoY Change 1.19% -8.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $268.3M $252.7M $236.8M
Total Long-Term Liabilities $109.6M $101.6M $104.0M
Total Liabilities $377.8M $354.3M $340.8M
YoY Change 8.49% -3.01%
SHAREHOLDERS EQUITY
Retained Earnings $213.9M $205.4M $225.1M
YoY Change -0.59% -2.54%
Common Stock $1.311M $0.00 $0.00
YoY Change 180.13%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $204.5M $191.7M $211.8M
YoY Change
Total Liabilities & Shareholders Equity $582.3M $546.0M $552.5M
YoY Change 5.68% -2.85%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $11.44M $6.538M $13.69M
YoY Change 20.72% -26.69%
Depreciation, Depletion And Amortization $2.900M $2.811M $2.792M
YoY Change 0.97% -4.49%
Cash From Operating Activities $31.58M $1.807M -$63.08M
YoY Change 522.71% -102.58%
INVESTING ACTIVITIES
Capital Expenditures $2.986M $2.316M $730.0K
YoY Change 314.72% 312.1%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$1.500M $0.00
YoY Change 163.16%
Cash From Investing Activities -$2.986M -$3.816M -$730.0K
YoY Change 314.72% 237.1%
FINANCING ACTIVITIES
Cash Dividend Paid $3.075M
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -29.93M -10.35M $56.05M
YoY Change 16.61% -113.83%
NET CHANGE
Cash From Operating Activities 31.58M 1.807M -$63.08M
Cash From Investing Activities -2.986M -3.816M -$730.0K
Cash From Financing Activities -29.93M -10.35M $56.05M
Net Change In Cash -1.329M -12.36M -$8.464M
YoY Change -93.76% -403.59%
FREE CASH FLOW
Cash From Operating Activities $31.58M $1.807M -$63.08M
Capital Expenditures $2.986M $2.316M $730.0K
Free Cash Flow $28.60M -$509.0K -$63.81M
YoY Change 557.12% -99.28%

Facts In Submission

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Files In Submission

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