2015 Q2 Form 10-Q Financial Statement

#000119312515188106 Filed on May 14, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2015 Q1 2014 Q1
Revenue $5.568M $5.407M $5.336M
YoY Change 1.53% 1.33% 0.68%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $393.0K $393.0K $438.0K
YoY Change -10.48% -10.27% -27.96%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.186M $1.926M $1.989M
YoY Change -0.86% -3.17% 1.43%
Income Tax $669.0K $584.0K $570.0K
% Of Pretax Income 30.6% 30.32% 28.66%
Net Earnings $1.517M $1.342M $1.416M
YoY Change -0.33% -5.23% 3.96%
Net Earnings / Revenue 27.24% 24.82% 26.54%
Basic Earnings Per Share $0.55 $0.49 $0.52
Diluted Earnings Per Share $0.55 $0.49 $0.52
COMMON SHARES
Basic Shares Outstanding 2.739M shares 2.739M shares 2.737M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q2 2015 Q1 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments $145.6M $145.6M $151.2M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $8.374M $8.248M $8.641M
YoY Change -1.52% -4.55% 4.11%
Goodwill $4.728M $4.728M $4.728M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $623.0M $625.1M $602.0M
YoY Change 2.31% 3.84% 5.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $100.0K
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $51.70M $52.10M $61.80M
YoY Change 2.38% -15.7% 41.74%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $51.70M $52.10M $100.0K
YoY Change 2.38% 52000.0% -99.77%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $2.100M $2.000M $2.200M
YoY Change -4.55% -9.09% -4.35%
Total Long-Term Liabilities $2.100M $2.000M $2.200M
YoY Change -4.55% -9.09% -4.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $51.70M $52.10M $100.0K
Total Long-Term Liabilities $2.100M $2.000M $2.200M
Total Liabilities $564.0M $566.3M $548.1M
YoY Change 1.87% 3.32% 6.22%
SHAREHOLDERS EQUITY
Retained Earnings $35.91M $34.91M $31.16M
YoY Change 11.57% 12.06%
Common Stock $28.51M $28.51M $28.59M
YoY Change -0.23% -0.28%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.871M $4.871M $4.958M
YoY Change -1.48% -1.75% -0.36%
Treasury Stock Shares 241.2K shares 241.2K shares 244.0K shares
Shareholders Equity $58.97M $58.79M $53.88M
YoY Change
Total Liabilities & Shareholders Equity $623.0M $625.1M $602.0M
YoY Change 2.31% 3.84% 5.81%

Cashflow Statement

Concept 2015 Q2 2015 Q1 2014 Q1
OPERATING ACTIVITIES
Net Income $1.517M $1.342M $1.416M
YoY Change -0.33% -5.23% 3.96%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $2.450M $1.190M $1.000M
YoY Change 84.21% 19.0% -15.25%
INVESTING ACTIVITIES
Capital Expenditures -$290.0K -$150.0K -$240.0K
YoY Change 866.67% -37.5% -7.69%
Acquisitions
YoY Change
Other Investing Activities $4.060M -$11.93M -$27.78M
YoY Change -61.52% -57.06% 127.15%
Cash From Investing Activities $3.770M -$12.08M -$28.02M
YoY Change -64.16% -56.89% 124.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.930M 2.600M 3.710M
YoY Change -156.13% -29.92% -120.17%
NET CHANGE
Cash From Operating Activities 2.450M 1.190M 1.000M
Cash From Investing Activities 3.770M -12.08M -28.02M
Cash From Financing Activities -2.930M 2.600M 3.710M
Net Change In Cash 3.290M -8.290M -23.31M
YoY Change -80.73% -64.44% -21.52%
FREE CASH FLOW
Cash From Operating Activities $2.450M $1.190M $1.000M
Capital Expenditures -$290.0K -$150.0K -$240.0K
Free Cash Flow $2.740M $1.340M $1.240M
YoY Change 101.47% 8.06% -13.89%

Facts In Submission

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