2019 Q3 Form 10-Q Financial Statement

#000156459020052489 Filed on November 09, 2020

View on sec.gov

Income Statement

Concept 2019 Q3 2019 Q2
Revenue $8.262M $8.121M
YoY Change 9.11% 10.58%
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 $1.050M
YoY Change 51.73%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $3.344M $3.199M
YoY Change 10.95% 11.19%
Income Tax $649.0K $613.0K
% Of Pretax Income 19.41% 19.16%
Net Earnings $2.695M $2.586M
YoY Change 10.81% 11.27%
Net Earnings / Revenue 32.62% 31.84%
Basic Earnings Per Share $0.98 $0.94
Diluted Earnings Per Share $0.98 $0.94
COMMON SHARES
Basic Shares Outstanding 2.742M 2.742M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q3 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $167.9M
YoY Change 4.55%
Cash & Equivalents $79.57M $57.28M
Short-Term Investments $110.7M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $12.00M $11.64M
YoY Change 24.93% 21.7%
Goodwill $4.728M
YoY Change 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 $786.8M $750.3M
YoY Change 10.69% 3.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $400.0K $400.0K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $35.10M $35.50M
YoY Change -6.4% -19.68%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $400.0K $400.0K
YoY Change -98.93% -99.1%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $3.100M $3.000M
YoY Change -6.06% 11.11%
Total Long-Term Liabilities $3.100M $3.000M
YoY Change -6.06% 11.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $400.0K $400.0K
Total Long-Term Liabilities $3.100M $3.000M
Total Liabilities $703.2M $668.8M
YoY Change 10.4% 2.78%
SHAREHOLDERS EQUITY
Retained Earnings $57.99M
YoY Change 14.29%
Common Stock $28.44M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.780M
YoY Change -0.08%
Treasury Stock Shares $238.3K
Shareholders Equity $83.61M $81.46M
YoY Change
Total Liabilities & Shareholders Equity $786.8M $750.3M
YoY Change 10.69% 3.73%

Cashflow Statement

Concept 2019 Q3 2019 Q2
OPERATING ACTIVITIES
Net Income $2.695M $2.586M
YoY Change 10.81% 11.27%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $3.070M $2.610M
YoY Change -24.94% 52.63%
INVESTING ACTIVITIES
Capital Expenditures -$110.0K -$1.060M
YoY Change -38.89% 112.0%
Acquisitions
YoY Change
Other Investing Activities -$14.21M -$1.140M
YoY Change -1335.65% 16.33%
Cash From Investing Activities -$14.32M -$2.200M
YoY Change -1576.29% 48.65%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 33.55M 12.63M
YoY Change -323.07% -41.01%
NET CHANGE
Cash From Operating Activities 3.070M 2.610M
Cash From Investing Activities -14.32M -2.200M
Cash From Financing Activities 33.55M 12.63M
Net Change In Cash 22.30M 13.04M
YoY Change -323.45% -39.74%
FREE CASH FLOW
Cash From Operating Activities $3.070M $2.610M
Capital Expenditures -$110.0K -$1.060M
Free Cash Flow $3.180M $3.670M
YoY Change -25.53% 66.06%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Security12b Title
Security12bTitle
Common Shares, $6.25 par value
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<p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">USE OF ESTIMATES IN PREPARING FINANCIAL STATEMENTS</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In preparing the Consolidated Financial Statements, in conformity with accounting principles generally accepted in the United States of America, management makes estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the Consolidated Balance Sheets and reported amounts of revenues and expenses during each reporting period. Actual results could differ from those estimates. The most significant estimates susceptible to change in the near term relate to management’s determination of the allowance for loan losses and the fair value of financial instruments.</p>
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Files In Submission

Name View Source Status
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