2018 Q4 Form 10-Q Financial Statement

#000156459018028915 Filed on November 09, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3
Revenue $153.5M $70.12M
YoY Change 109.7% 4.97%
Cost Of Revenue $27.90M $21.80M
YoY Change 75.47% 39.74%
Gross Profit $125.6M $81.00M
YoY Change 119.2% 58.2%
Gross Profit Margin 81.83% 115.51%
Selling, General & Admin $8.100M $6.300M
YoY Change 15.71% 1.61%
% of Gross Profit 6.45% 7.78%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $36.10M $14.08M
YoY Change 17.97% -57.08%
% of Gross Profit 28.74% 17.39%
Operating Expenses $44.20M $24.36M
YoY Change 17.55% -37.54%
Operating Profit $81.45M $34.58M
YoY Change -436.24% 209.03%
Interest Expense -$16.30M $22.14M
YoY Change -55.95% -161.16%
% of Operating Profit -20.01% 64.02%
Other Income/Expense, Net $100.0K -$24.49M
YoY Change 0.0% -12344.0%
Pretax Income $65.30M -$16.26M
YoY Change -206.87% -34.45%
Income Tax $16.40M $3.940M
% Of Pretax Income 25.11%
Net Earnings $50.30M $13.82M
YoY Change -218.92% -155.88%
Net Earnings / Revenue 32.77% 19.71%
Basic Earnings Per Share $0.13
Diluted Earnings Per Share $476.8K $0.13
COMMON SHARES
Basic Shares Outstanding 105.9M 15.47M
Diluted Shares Outstanding 15.47M

Balance Sheet

Concept 2018 Q4 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $23.20M $31.80M
YoY Change -62.15% 25.2%
Cash & Equivalents $23.19M $894.2M
Short-Term Investments
Other Short-Term Assets $13.83M $19.10M
YoY Change 237.29% 235.09%
Inventory
Prepaid Expenses
Receivables $87.61M $80.60M
Other Receivables $10.20M $0.00
Total Short-Term Assets $159.4M $131.5M
YoY Change -47.3% 100.76%
LONG-TERM ASSETS
Property, Plant & Equipment $1.668B $1.594B
YoY Change 174.38% 91.26%
Goodwill $335.9M $335.9M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.000K $500.0K
YoY Change -99.78% -44.44%
Total Long-Term Assets $2.028B $1.963B
YoY Change 223.05% 135.33%
TOTAL ASSETS
Total Short-Term Assets $159.4M $131.5M
Total Long-Term Assets $2.028B $1.963B
Total Assets $2.188B $2.094B
YoY Change 135.15% 132.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $138.8M $124.0M
YoY Change 10.13% 34.34%
Accrued Expenses $68.09M $53.30M
YoY Change 60.2% 209.88%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $206.9M $180.1M
YoY Change 22.76% 60.52%
LONG-TERM LIABILITIES
Long-Term Debt $1.244B $1.243B
YoY Change 12.05% 14.05%
Other Long-Term Liabilities $5.100M $4.700M
YoY Change -50.96% -70.81%
Total Long-Term Liabilities $1.244B $1.248B
YoY Change 11.01% 12.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $206.9M $180.1M
Total Long-Term Liabilities $1.244B $1.248B
Total Liabilities $1.618B $1.573B
YoY Change 24.51% 28.11%
SHAREHOLDERS EQUITY
Retained Earnings $64.12M
YoY Change
Common Stock $505.4M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $569.6M -$458.5M
YoY Change
Total Liabilities & Shareholders Equity $2.188B $2.094B
YoY Change 135.15% 132.81%

Cashflow Statement

Concept 2018 Q4 2018 Q3
OPERATING ACTIVITIES
Net Income $50.30M $13.82M
YoY Change -218.92% -155.88%
Depreciation, Depletion And Amortization $36.10M $14.08M
YoY Change 17.97% -57.08%
Cash From Operating Activities $98.70M $3.609M
YoY Change 17.78% -89.78%
INVESTING ACTIVITIES
Capital Expenditures -$110.8M $59.02M
YoY Change 130.83% -226.37%
Acquisitions
YoY Change
Other Investing Activities -$800.0K $7.400M
YoY Change 393.33%
Cash From Investing Activities -$111.5M -$50.05M
YoY Change 132.29% 10.72%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $1.291B
YoY Change
Cash From Financing Activities 4.300M -816.0M
YoY Change
NET CHANGE
Cash From Operating Activities 98.70M 3.609M
Cash From Investing Activities -111.5M -50.05M
Cash From Financing Activities 4.300M -816.0M
Net Change In Cash -8.500M -862.4M
YoY Change -123.74% 8611.18%
FREE CASH FLOW
Cash From Operating Activities $98.70M $3.609M
Capital Expenditures -$110.8M $59.02M
Free Cash Flow $209.5M -$55.41M
YoY Change 58.95% -167.57%

Facts In Submission

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