2012 Q4 Form 10-Q Financial Statement
#000119312512457293 Filed on November 07, 2012
Income Statement
| Concept | 2012 Q4 | 2012 Q3 |
|---|---|---|
| Revenue | $59.42M | $58.38M |
| YoY Change | 26.04% | 7.02% |
| Cost Of Revenue | $33.32M | $34.79M |
| YoY Change | -1.8% | 6.08% |
| Gross Profit | $18.93M | $17.36M |
| YoY Change | 45.29% | 15.14% |
| Gross Profit Margin | 31.85% | 29.74% |
| Selling, General & Admin | $8.650M | $5.240M |
| YoY Change | 16.42% | 9.62% |
| % of Gross Profit | 45.7% | 30.18% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $2.510M | $2.520M |
| YoY Change | 3.29% | 11.5% |
| % of Gross Profit | 13.26% | 14.52% |
| Operating Expenses | $8.910M | $5.452M |
| YoY Change | 15.86% | 8.17% |
| Operating Profit | $10.02M | $7.897M |
| YoY Change | 87.69% | -21.32% |
| Interest Expense | $520.0K | $4.547M |
| YoY Change | -111.66% | -211.72% |
| % of Operating Profit | 5.19% | 57.58% |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $6.150M | $319.0K |
| YoY Change | 668.75% | -74.68% |
| Income Tax | $2.370M | $129.0K |
| % Of Pretax Income | 38.54% | 40.44% |
| Net Earnings | $3.670M | $606.0K |
| YoY Change | 1123.33% | -23.29% |
| Net Earnings / Revenue | 6.18% | 1.04% |
| Basic Earnings Per Share | $0.29 | $0.25 |
| Diluted Earnings Per Share | $0.29 | $0.24 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 18.11M shares | 18.05M |
| Diluted Shares Outstanding | 18.17M |
Balance Sheet
| Concept | 2012 Q4 | 2012 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $1.700M | $500.0K |
| YoY Change | 54.55% | -88.37% |
| Cash & Equivalents | $1.698M | $317.0K |
| Short-Term Investments | ||
| Other Short-Term Assets | $1.923M | $600.0K |
| YoY Change | -49.37% | |
| Inventory | $5.133M | $12.50M |
| Prepaid Expenses | $5.107M | |
| Receivables | $17.81M | $16.99M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $33.14M | $30.64M |
| YoY Change | 5.97% | 6.01% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $152.4M | $145.7M |
| YoY Change | 11.7% | -28.17% |
| Goodwill | $218.4M | $206.0M |
| YoY Change | 12.62% | |
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $200.4M | $204.5M |
| YoY Change | 9.09% | 19.52% |
| Other Assets | $1.605M | $7.872M |
| YoY Change | -20.78% | |
| Total Long-Term Assets | $704.9M | $685.3M |
| YoY Change | 9.89% | 10.01% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $33.14M | $30.64M |
| Total Long-Term Assets | $704.9M | $685.3M |
| Total Assets | $738.1M | $715.9M |
| YoY Change | 9.71% | 9.84% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $5.243M | $12.26M |
| YoY Change | -62.21% | -18.27% |
| Accrued Expenses | $12.28M | $13.04M |
| YoY Change | -31.28% | -2.68% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $11.09M | $700.0K |
| YoY Change | 2130.58% | 16.67% |
| Total Short-Term Liabilities | $42.18M | $26.03M |
| YoY Change | 30.29% | -9.94% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $163.5M | $253.6M |
| YoY Change | 21.14% | 12.51% |
| Other Long-Term Liabilities | $0.00 | $101.2M |
| YoY Change | -100.0% | 2.02% |
| Total Long-Term Liabilities | $163.5M | $354.8M |
| YoY Change | 21.14% | 9.3% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $42.18M | $26.03M |
| Total Long-Term Liabilities | $163.5M | $354.8M |
| Total Liabilities | $603.1M | $584.8M |
| YoY Change | 10.49% | 11.46% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$52.60M | -$56.27M |
| YoY Change | -17.8% | |
| Common Stock | $202.7M | $202.4M |
| YoY Change | 0.59% | |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | $15.27M | $15.27M |
| YoY Change | 42.2% | |
| Treasury Stock Shares | $3.922M | 3.922M shares |
| Shareholders Equity | $134.8M | $130.9M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $738.1M | $715.9M |
| YoY Change | 9.71% | 9.84% |
Cashflow Statement
| Concept | 2012 Q4 | 2012 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $3.670M | $606.0K |
| YoY Change | 1123.33% | -23.29% |
| Depreciation, Depletion And Amortization | $2.510M | $2.520M |
| YoY Change | 3.29% | 11.5% |
| Cash From Operating Activities | $10.48M | $1.910M |
| YoY Change | 77.93% | -79.92% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$2.600M | -$2.190M |
| YoY Change | -10.03% | -30.25% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$20.31M | -$7.500M |
| YoY Change | 146.48% | 43.4% |
| Cash From Investing Activities | -$22.90M | -$9.690M |
| YoY Change | 105.38% | 15.91% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 13.57M | 7.320M |
| YoY Change | 537.09% | -455.34% |
| NET CHANGE | ||
| Cash From Operating Activities | 10.48M | 1.910M |
| Cash From Investing Activities | -22.90M | -9.690M |
| Cash From Financing Activities | 13.57M | 7.320M |
| Net Change In Cash | 1.150M | -460.0K |
| YoY Change | -136.74% | -49.45% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $10.48M | $1.910M |
| Capital Expenditures | -$2.600M | -$2.190M |
| Free Cash Flow | $13.08M | $4.100M |
| YoY Change | 48.97% | -67.59% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2012Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
18110801 | shares |
| CY2012Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2012Q3 | us-gaap |
Goodwill
Goodwill
|
205976000 | USD |
| CY2012Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
549000 | USD |
| CY2012Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
16989000 | USD |
| CY2012Q3 | us-gaap |
Assets Held For Sale Current
AssetsHeldForSaleCurrent
|
600000 | USD |
| CY2012Q3 | csv |
Inventories And Other Current Assets
InventoriesAndOtherCurrentAssets
|
12500000 | USD |
| CY2012Q3 | us-gaap |
Assets Current
AssetsCurrent
|
30638000 | USD |
| CY2012Q3 | csv |
Preneed Receivables Net Of Allowance For Bad Debts
PreneedReceivablesNetOfAllowanceForBadDebts
|
23688000 | USD |
| CY2012Q3 | csv |
Receivables From Preneed Funeral Trusts
ReceivablesFromPreneedFuneralTrusts
|
22250000 | USD |
| CY2012Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
669000 | USD |
| CY2012Q3 | us-gaap |
Assets
Assets
|
715905000 | USD |
| CY2012Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
7872000 | USD |
| CY2012Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
145743000 | USD |
| CY2012Q3 | csv |
Cemetery Property
CemeteryProperty
|
75227000 | USD |
| CY2012Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
12259000 | USD |
| CY2012Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
13041000 | USD |
| CY2012Q3 | us-gaap |
Liabilities Of Assets Held For Sale
LiabilitiesOfAssetsHeldForSale
|
58000 | USD |
| CY2012Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
26027000 | USD |
| CY2012Q3 | us-gaap |
Senior Long Term Notes
SeniorLongTermNotes
|
131755000 | USD |
| CY2012Q3 | us-gaap |
Long Term Line Of Credit
LongTermLineOfCredit
|
28000000 | USD |
| CY2012Q3 | csv |
Convertible Junior Subordinated Debentures Due To Affiliate
ConvertibleJuniorSubordinatedDebenturesDueToAffiliate
|
89770000 | USD |
| CY2012Q3 | us-gaap |
Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
|
4047000 | USD |
| CY2012Q3 | csv |
Deferred Preneed Cemetery Revenue
DeferredPreneedCemeteryRevenue
|
60311000 | USD |
| CY2012Q3 | csv |
Deferred Preneed Funeral Revenue
DeferredPreneedFuneralRevenue
|
40878000 | USD |
| CY2012Q3 | csv |
Deferred Preneed Cemetery Receipts Held In Trust
DeferredPreneedCemeteryReceiptsHeldInTrust
|
75783000 | USD |
| CY2012Q3 | csv |
Deferred Preneed Funeral Receipts Held In Trust
DeferredPreneedFuneralReceiptsHeldInTrust
|
80968000 | USD |
| CY2012Q3 | csv |
Care Trusts Corpus
CareTrustsCorpus
|
47304000 | USD |
| CY2012Q3 | us-gaap |
Liabilities
Liabilities
|
584843000 | USD |
| CY2012Q3 | us-gaap |
Temporary Equity Carrying Amount
TemporaryEquityCarryingAmount
|
200000 | USD |
| CY2012Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
220000 | USD |
| CY2012Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
202176000 | USD |
| CY2012Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-56267000 | USD |
| CY2012Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
15267000 | USD |
| CY2012Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
130862000 | USD |
| CY2012Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
715905000 | USD |
| CY2012Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1002000 | USD |
| CY2012Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
|
2019000 | USD |
| CY2012Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
82884000 | USD |
| CY2012Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
22020000 | shares |
| CY2012Q3 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
3922000 | shares |
| CY2012Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2012Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
80000000 | shares |
