2022 Q1 Form 10-Q Financial Statement
#000114036122018196 Filed on May 09, 2022
Income Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
Revenue | $43.53M | $44.21M |
YoY Change | -1.55% | -1.09% |
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 | $1.286M | $1.300M |
YoY Change | -1.08% | -7.14% |
% of Gross Profit | ||
Operating Expenses | ||
YoY Change | ||
Operating Profit | ||
YoY Change | ||
Interest Expense | $3.495M | $3.969M |
YoY Change | -11.94% | -53.06% |
% of Operating Profit | ||
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $24.76M | $30.01M |
YoY Change | -17.48% | 338.91% |
Income Tax | $5.035M | $6.390M |
% Of Pretax Income | 20.33% | 21.29% |
Net Earnings | $19.73M | $23.62M |
YoY Change | -16.47% | 258.99% |
Net Earnings / Revenue | 45.32% | 53.42% |
Basic Earnings Per Share | $1.11 | $1.33 |
Diluted Earnings Per Share | $1.11 | $1.33 |
COMMON SHARES | ||
Basic Shares Outstanding | 17.82M | 17.77M |
Diluted Shares Outstanding | 17.83M | 17.79M |
Balance Sheet
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | ||
YoY Change | ||
Cash & Equivalents | $164.5M | |
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | ||
YoY Change | ||
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $52.68M | $53.80M |
YoY Change | -2.08% | -6.92% |
Goodwill | $65.50M | |
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $19.57M | |
YoY Change | ||
Total Long-Term Assets | ||
YoY Change | ||
TOTAL ASSETS | ||
Total Short-Term Assets | ||
Total Long-Term Assets | ||
Total Assets | $5.443B | $5.360B |
YoY Change | 1.55% | 23.15% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.306M | $1.400M |
YoY Change | -6.71% | -58.82% |
Accrued Expenses | $11.38M | $12.10M |
YoY Change | -5.95% | -9.7% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $255.1M | $354.7M |
YoY Change | -28.07% | 46.69% |
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $12.69M | $13.50M |
YoY Change | -6.03% | -19.64% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $59.26M | $59.30M |
YoY Change | -0.07% | 0.0% |
Other Long-Term Liabilities | $34.02M | $35.90M |
YoY Change | -5.23% | 52.77% |
Total Long-Term Liabilities | $93.28M | $95.20M |
YoY Change | -2.02% | 14.98% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $12.69M | $13.50M |
Total Long-Term Liabilities | $93.28M | $95.20M |
Total Liabilities | $4.790B | $4.698B |
YoY Change | 1.95% | 25.63% |
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 | $653.4M | $662.1M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $5.443B | $5.360B |
YoY Change | 1.55% | 23.15% |
Cashflow Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $19.73M | $23.62M |
YoY Change | -16.47% | 258.99% |
Depreciation, Depletion And Amortization | $1.286M | $1.300M |
YoY Change | -1.08% | -7.14% |
Cash From Operating Activities | $27.35M | $31.70M |
YoY Change | -13.72% | 131.39% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$1.072M | -$400.0K |
YoY Change | 168.0% | 0.0% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$234.2M | -$155.9M |
YoY Change | 50.23% | 110.11% |
Cash From Investing Activities | -$235.3M | -$156.3M |
YoY Change | 50.53% | 109.52% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $7.129M | |
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 60.66M | 209.5M |
YoY Change | -71.05% | -1987.39% |
NET CHANGE | ||
Cash From Operating Activities | 27.35M | 31.70M |
Cash From Investing Activities | -235.3M | -156.3M |
Cash From Financing Activities | 60.66M | 209.5M |
Net Change In Cash | -147.3M | 84.90M |
YoY Change | -273.46% | -217.92% |
FREE CASH FLOW | ||
Cash From Operating Activities | $27.35M | $31.70M |
Capital Expenditures | -$1.072M | -$400.0K |
Free Cash Flow | $28.42M | $32.10M |
YoY Change | -11.46% | 127.66% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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Amendment Flag
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CY2022Q1 | dei |
Current Fiscal Year End Date
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Document Fiscal Year Focus
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CY2022Q1 | dei |
Document Fiscal Period Focus
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Loans And Leases Receivable Allowance For Credit Losses Difference In Amortized Cost Basis Versus Consideration Of Loan Balances Percentage
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Common Stock Dividends Per Share Declared
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Past Due Period After Which Loans Must Be Well Secured And In Process Of Collection To Continue Accruing Interest
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Number Of Delinquent Monthly Payments Before Loan Charge Off
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Current Value Assessment Period For Past Due Loans Secured Against Real Estate
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Threshold Period Past Due For Initiation Of Foreclosure Proceedings
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Goodwill
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Debt Securities Available For Sale Gain Loss
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Notes Receivable Gross
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Loans And Leases Receivable Unearned Fees
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Loans And Leases Receivable Unearned Fees
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Financing Receivable Allowance For Credit Losses
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Provision For Loan Losses Expensed
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Financing Receivable Allowance For Credit Losses Write Offs
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Financing Receivable Allowance For Credit Losses Recovery
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Financing Receivable Allowance For Credit Losses
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Financing Receivable Allowance For Credit Losses Write Offs
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Financing Receivable Allowance For Credit Losses
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Financing Receivable Allowance For Credit Losses
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Provision For Loan Losses Expensed
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Financing Receivable Allowance For Credit Losses Write Offs
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Financing Receivable Allowance For Credit Losses Recovery
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Financing Receivable Allowance For Credit Losses
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Reasonable And Supportable Forecast Period
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Provision For Loan Losses Expensed
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Provision For Loan Losses Expensed
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Financing Receivable Allowance For Credit Loss To Nonaccrual Percent
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Financing Receivable Allowance For Credit Loss To Nonaccrual Percent
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Financing Receivable Allowance For Credit Loss To Nonaccrual Percent
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Financing Receivable Allowance For Credit Loss To Outstanding Percent
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Financing Receivable Allowance For Credit Loss To Loans Excluding Ppp Loans Percentage
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Financing Receivable Allowance For Credit Loss To Outstanding Percent
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Financing Receivable Allowance For Credit Loss To Loans Excluding Ppp Loans Percentage
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Financing Receivable Allowance For Credit Loss To Outstanding Percent
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Loans And Leases Receivable Impaired Commitment To Lend
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|
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Real Estate New Assets Acquired
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Fair Value Adjustments To Other Real Estate Owned
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Fair Value Adjustments To Other Real Estate Owned
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|
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Real Estate Cost Of Real Estate Sold
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Real Estate Cost Of Real Estate Sold
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Other Real Estate And Foreclosed Assets
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Carrying Cost And Fair Value Adjustment For Foreclosed Properties1
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|
400000 | |
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Carrying Cost And Fair Value Adjustment For Foreclosed Properties1
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Real Estate Acquired Through Foreclosure
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Real Estate Acquired Through Foreclosure
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|
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EquitySecuritiesFvNi
|
2352000 | |
CY2022Q1 | us-gaap |
Servicing Asset
ServicingAsset
|
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CY2022Q1 | ctbi |
Collateral Dependent Loans Fair Value Disclosure
CollateralDependentLoansFairValueDisclosure
|
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CY2022Q1 | us-gaap |
Other Real Estate
OtherRealEstate
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|
2253000 | |
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Servicing Asset
ServicingAsset
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Collateral Dependent Loans Fair Value Disclosure
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Other Real Estate
OtherRealEstate
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1487000 | |
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Net Income Loss
NetIncomeLoss
|
19728000 | |
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Net Income Loss
NetIncomeLoss
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23618000 | |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
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CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
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17774000 | |
CY2022Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
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|
12000 | |
CY2021Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
13000 | |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
17832000 | |
CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
17787000 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.11 | |
CY2021Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.33 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.11 | |
CY2021Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.33 |