2017 Q1 Form 10-Q Financial Statement

#000156459017008247 Filed on May 03, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $631.0M $548.0M
YoY Change 15.15% -36.5%
Cost Of Revenue $517.0M $461.0M
YoY Change 12.15% -34.89%
Gross Profit $114.0M $87.00M
YoY Change 31.03% -43.87%
Gross Profit Margin 18.07% 15.88%
Selling, General & Admin $135.0M $152.0M
YoY Change -11.18% -6.75%
% of Gross Profit 118.42% 174.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.00M $12.00M
YoY Change 8.33% 71.43%
% of Gross Profit 11.4% 13.79%
Operating Expenses $135.0M $152.0M
YoY Change -11.18% -6.75%
Operating Profit -$21.00M -$65.00M
YoY Change -67.69% 712.5%
Interest Expense $1.000M -$2.000M
YoY Change -150.0% -50.0%
% of Operating Profit
Other Income/Expense, Net -$3.000M
YoY Change
Pretax Income -$23.00M -$67.00M
YoY Change -65.67% 458.33%
Income Tax $0.00 -$4.000M
% Of Pretax Income
Net Earnings -$23.00M -$63.00M
YoY Change -63.49% 530.0%
Net Earnings / Revenue -3.65% -11.5%
Basic Earnings Per Share -$0.21 -$0.59
Diluted Earnings Per Share -$0.21 -$0.59
COMMON SHARES
Basic Shares Outstanding 108.0M 107.0M
Diluted Shares Outstanding 108.0M 107.0M

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $102.0M $131.0M
YoY Change -22.14% 7.38%
Cash & Equivalents $102.0M $131.0M
Short-Term Investments
Other Short-Term Assets $20.00M $24.00M
YoY Change -16.67% -44.19%
Inventory $491.0M $633.0M
Prepaid Expenses
Receivables $412.0M $413.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.025B $1.201B
YoY Change -14.65% -37.02%
LONG-TERM ASSETS
Property, Plant & Equipment $136.0M $159.0M
YoY Change -14.47% 11.19%
Goodwill $210.0M
YoY Change
Intangibles $156.0M
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.000M $7.000M
YoY Change -14.29% 0.0%
Total Long-Term Assets $638.0M $537.0M
YoY Change 18.81% -23.5%
TOTAL ASSETS
Total Short-Term Assets $1.025B $1.201B
Total Long-Term Assets $638.0M $537.0M
Total Assets $1.663B $1.738B
YoY Change -4.32% -33.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $305.0M $208.0M
YoY Change 46.63% -50.12%
Accrued Expenses $74.00M $94.00M
YoY Change -21.28% -12.96%
Deferred Revenue
YoY Change
Short-Term Debt $46.00M $52.00M
YoY Change -11.54%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $399.0M $302.0M
YoY Change 32.12% -42.59%
LONG-TERM LIABILITIES
Long-Term Debt $82.00M $55.00M
YoY Change 49.09% -59.26%
Other Long-Term Liabilities $1.000M $3.000M
YoY Change -66.67% -40.0%
Total Long-Term Liabilities $83.00M $58.00M
YoY Change 43.1% 1060.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $399.0M $302.0M
Total Long-Term Liabilities $83.00M $58.00M
Total Liabilities $488.0M $370.0M
YoY Change 31.89% -46.14%
SHAREHOLDERS EQUITY
Retained Earnings -$507.0M
YoY Change -1156.25%
Common Stock $1.986B
YoY Change 1.43%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.175B $1.368B
YoY Change
Total Liabilities & Shareholders Equity $1.663B $1.738B
YoY Change -4.32% -33.38%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income -$23.00M -$63.00M
YoY Change -63.49% 530.0%
Depreciation, Depletion And Amortization $13.00M $12.00M
YoY Change 8.33% 71.43%
Cash From Operating Activities -$21.00M $89.00M
YoY Change -123.6% -784.62%
INVESTING ACTIVITIES
Capital Expenditures $1.000M $1.000M
YoY Change 0.0% -66.67%
Acquisitions $3.000M
YoY Change
Other Investing Activities -$2.000M -$1.000M
YoY Change 100.0% -99.45%
Cash From Investing Activities -$2.000M $0.00
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 16.00M -57.00M
YoY Change -128.07% -142.86%
NET CHANGE
Cash From Operating Activities -21.00M 89.00M
Cash From Investing Activities -2.000M 0.000
Cash From Financing Activities 16.00M -57.00M
Net Change In Cash -7.000M 32.00M
YoY Change -121.88% -148.48%
FREE CASH FLOW
Cash From Operating Activities -$21.00M $89.00M
Capital Expenditures $1.000M $1.000M
Free Cash Flow -$22.00M $88.00M
YoY Change -125.0% -650.0%

Facts In Submission

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