2019 Q1 Form 10-Q Financial Statement

#000156459019015084 Filed on May 02, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q1
Revenue $785.0M $764.0M
YoY Change 2.75% 21.08%
Cost Of Revenue $627.0M $616.0M
YoY Change 1.79% 19.15%
Gross Profit $158.0M $148.0M
YoY Change 6.76% 29.82%
Gross Profit Margin 20.13% 19.37%
Selling, General & Admin $134.0M $141.0M
YoY Change -4.96% 4.44%
% of Gross Profit 84.81% 95.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $10.00M $11.00M
YoY Change -9.09% -15.38%
% of Gross Profit 6.33% 7.43%
Operating Expenses $135.0M $141.0M
YoY Change -4.26% 4.44%
Operating Profit $23.00M $7.000M
YoY Change 228.57% -133.33%
Interest Expense -$4.000M $1.000M
YoY Change -500.0% 0.0%
% of Operating Profit -17.39% 14.29%
Other Income/Expense, Net -$5.000M
YoY Change 66.67%
Pretax Income $19.00M $3.000M
YoY Change 533.33% -113.04%
Income Tax $1.000M $1.000M
% Of Pretax Income 5.26% 33.33%
Net Earnings $18.00M $2.000M
YoY Change 800.0% -108.7%
Net Earnings / Revenue 2.29% 0.26%
Basic Earnings Per Share $0.17 $0.02
Diluted Earnings Per Share $0.16 $0.02
COMMON SHARES
Basic Shares Outstanding 108.6M 108.1M
Diluted Shares Outstanding 109.1M 108.2M

Balance Sheet

Concept 2019 Q1 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $87.00M $80.00M
YoY Change 8.75% -21.57%
Cash & Equivalents $87.00M $80.00M
Short-Term Investments
Other Short-Term Assets $18.00M $21.00M
YoY Change -14.29% 5.0%
Inventory $634.0M $609.0M
Prepaid Expenses
Receivables $513.0M $496.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.252B $1.206B
YoY Change 3.81% 17.66%
LONG-TERM ASSETS
Property, Plant & Equipment $173.0M $114.0M
YoY Change 51.75% -16.18%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $13.00M $7.000M
YoY Change 85.71% 16.67%
Total Long-Term Assets $644.0M $612.0M
YoY Change 5.23% -4.08%
TOTAL ASSETS
Total Short-Term Assets $1.252B $1.206B
Total Long-Term Assets $644.0M $612.0M
Total Assets $1.896B $1.818B
YoY Change 4.29% 9.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $339.0M $331.0M
YoY Change 2.42% 8.52%
Accrued Expenses $97.00M $77.00M
YoY Change 25.97% 4.05%
Deferred Revenue $33.00M $33.00M
YoY Change 0.0%
Short-Term Debt $0.00 $35.00M
YoY Change -100.0% -23.91%
Long-Term Debt Due $3.000M
YoY Change
Total Short-Term Liabilities $475.0M $443.0M
YoY Change 7.22% 11.03%
LONG-TERM LIABILITIES
Long-Term Debt $129.0M $175.0M
YoY Change -26.29% 113.41%
Other Long-Term Liabilities $42.00M $1.000M
YoY Change 4100.0% 0.0%
Total Long-Term Liabilities $171.0M $176.0M
YoY Change -2.84% 112.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $475.0M $443.0M
Total Long-Term Liabilities $171.0M $176.0M
Total Liabilities $651.0M $626.0M
YoY Change 3.99% 28.28%
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 $1.245B $1.192B
YoY Change
Total Liabilities & Shareholders Equity $1.896B $1.818B
YoY Change 4.29% 9.32%

Cashflow Statement

Concept 2019 Q1 2018 Q1
OPERATING ACTIVITIES
Net Income $18.00M $2.000M
YoY Change 800.0% -108.7%
Depreciation, Depletion And Amortization $10.00M $11.00M
YoY Change -9.09% -15.38%
Cash From Operating Activities -$20.00M -$30.00M
YoY Change -33.33% 42.86%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $1.000M
YoY Change -100.0% 0.0%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities $0.00 -$1.000M
YoY Change -100.0% -50.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -10.00M 13.00M
YoY Change -176.92% -18.75%
NET CHANGE
Cash From Operating Activities -20.00M -30.00M
Cash From Investing Activities 0.000 -1.000M
Cash From Financing Activities -10.00M 13.00M
Net Change In Cash -29.00M -18.00M
YoY Change 61.11% 157.14%
FREE CASH FLOW
Cash From Operating Activities -$20.00M -$30.00M
Capital Expenditures $0.00 $1.000M
Free Cash Flow -$20.00M -$31.00M
YoY Change -35.48% 40.91%

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