$CSGS
CSG Systems International Inc

2020 Q2 Form 10-Q Financial Statement

#000156459020037446 Filed on August 06, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2
Revenue $240.3M $245.9M
YoY Change -2.25% 15.41%
Cost Of Revenue $138.2M $132.2M
YoY Change 4.48% 20.77%
Gross Profit $102.2M $113.6M
YoY Change -10.08% 9.74%
Gross Profit Margin 42.51% 46.21%
Selling, General & Admin $45.00M $45.40M
YoY Change -0.88% 11.82%
% of Gross Profit 44.05% 39.96%
Research & Development $29.30M $30.60M
YoY Change -4.25% -1.29%
% of Gross Profit 28.68% 26.93%
Depreciation & Amortization $16.80M $18.20M
YoY Change -7.69% 15.92%
% of Gross Profit 16.44% 16.02%
Operating Expenses $79.80M $81.50M
YoY Change -2.09% 7.1%
Operating Profit $19.78M $30.34M
YoY Change -34.82% 25.95%
Interest Expense -$4.500M -$4.800M
YoY Change -6.25% 9.09%
% of Operating Profit -22.76% -15.82%
Other Income/Expense, Net -$1.000M $1.300M
YoY Change -176.92% 30.0%
Pretax Income $14.25M $26.84M
YoY Change -46.9% 29.5%
Income Tax $3.884M $7.458M
% Of Pretax Income 27.26% 27.79%
Net Earnings $10.37M $19.40M
YoY Change -46.57% 28.48%
Net Earnings / Revenue 4.31% 7.89%
Basic Earnings Per Share $0.32 $0.60
Diluted Earnings Per Share $0.32 $0.60
COMMON SHARES
Basic Shares Outstanding 32.10M 32.09M
Diluted Shares Outstanding 32.26M 32.46M

Balance Sheet

Concept 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $171.2M $131.5M
YoY Change 30.19% -29.45%
Cash & Equivalents $144.0M $113.8M
Short-Term Investments $27.20M $17.70M
Other Short-Term Assets $183.7M $128.9M
YoY Change 42.51% 237.43%
Inventory
Prepaid Expenses
Receivables $280.4M $305.1M
Other Receivables $7.500M $7.200M
Total Short-Term Assets $642.8M $572.6M
YoY Change 12.26% 11.36%
LONG-TERM ASSETS
Property, Plant & Equipment $202.0M $178.4M
YoY Change 13.23% 137.87%
Goodwill $262.8M $256.9M
YoY Change 2.29%
Intangibles
YoY Change
Long-Term Investments $6.500M $6.700M
YoY Change -2.99%
Other Assets $38.40M $38.50M
YoY Change -0.26% 99.48%
Total Long-Term Assets $626.6M $607.1M
YoY Change 3.21% 47.0%
TOTAL ASSETS
Total Short-Term Assets $642.8M $572.6M
Total Long-Term Assets $626.6M $607.1M
Total Assets $1.269B $1.180B
YoY Change 7.6% 27.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $34.50M $44.90M
YoY Change -23.16% 20.38%
Accrued Expenses $67.50M $73.70M
YoY Change -8.41% 65.62%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $12.19M $8.438M
YoY Change 44.44% 12.51%
Total Short-Term Liabilities $370.8M $335.6M
YoY Change 10.49% 74.97%
LONG-TERM LIABILITIES
Long-Term Debt $342.3M $349.9M
YoY Change -2.17% -1.14%
Other Long-Term Liabilities $145.4M $108.7M
YoY Change 33.76% 383.11%
Total Long-Term Liabilities $342.3M $349.9M
YoY Change -2.17% -7.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $370.8M $335.6M
Total Long-Term Liabilities $342.3M $349.9M
Total Liabilities $871.8M $805.4M
YoY Change 8.24% 39.49%
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 $397.6M $374.3M
YoY Change
Total Liabilities & Shareholders Equity $1.269B $1.180B
YoY Change 7.6% 27.23%

Cashflow Statement

Concept 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income $10.37M $19.40M
YoY Change -46.57% 28.48%
Depreciation, Depletion And Amortization $16.80M $18.20M
YoY Change -7.69% 15.92%
Cash From Operating Activities $57.70M $15.60M
YoY Change 269.87% -521.62%
INVESTING ACTIVITIES
Capital Expenditures -$9.500M -$9.600M
YoY Change -1.04% -33.79%
Acquisitions
YoY Change
Other Investing Activities -$3.500M $700.0K
YoY Change -600.0% -91.36%
Cash From Investing Activities -$13.10M -$8.800M
YoY Change 48.86% 37.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -10.30M -15.60M
YoY Change -33.97% 6.85%
NET CHANGE
Cash From Operating Activities 57.70M 15.60M
Cash From Investing Activities -13.10M -8.800M
Cash From Financing Activities -10.30M -15.60M
Net Change In Cash 34.30M -8.800M
YoY Change -489.77% -64.37%
FREE CASH FLOW
Cash From Operating Activities $57.70M $15.60M
Capital Expenditures -$9.500M -$9.600M
Free Cash Flow $67.20M $25.20M
YoY Change 166.67% 133.33%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-style:italic;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Use of Estimates in Preparation of Financial Statements. <span style="font-style:normal;"> The preparation of the accompanying Financial Statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of our Financial Statements, and the reported amounts of revenue and expenses during the reporting periods.  Actual results could differ from those estimates.   </span></p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:12pt;font-family:Times New Roman;"> </p>
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csgs-10q_20200630.htm Edgar Link pending
csgs-10q_20200630_htm.xml Edgar Link completed
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