2011 Q1 Form 10-K Financial Statement
#000119312512249202 Filed on May 25, 2012
Income Statement
| Concept | 2011 Q1 | 2010 Q4 | 2010 Q3 |
|---|---|---|---|
| Revenue | $508.6M | $472.8M | $435.0M |
| YoY Change | 12.9% | 12.22% | 18.43% |
| Cost Of Revenue | $390.7M | $362.1M | $338.4M |
| YoY Change | 10.37% | 12.14% | 21.42% |
| Gross Profit | $117.9M | $110.7M | $96.60M |
| YoY Change | 22.18% | 12.61% | 9.03% |
| Gross Profit Margin | 23.18% | 23.41% | 22.21% |
| Selling, General & Admin | |||
| YoY Change | |||
| % of Gross Profit | |||
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $10.80M | $11.20M | $11.20M |
| YoY Change | 4.85% | -7.44% | -5.88% |
| % of Gross Profit | 9.16% | 10.12% | 11.59% |
| Operating Expenses | $67.80M | $63.40M | $58.40M |
| YoY Change | 14.33% | 2.76% | -3.15% |
| Operating Profit | $53.52M | $44.50M | $37.48M |
| YoY Change | 43.87% | 21.57% | 32.44% |
| Interest Expense | -$5.600M | -$6.000M | -$6.000M |
| YoY Change | -6.67% | 5.26% | 7.14% |
| % of Operating Profit | -10.46% | -13.48% | -16.01% |
| Other Income/Expense, Net | $300.0K | -$1.100M | $100.0K |
| YoY Change | -250.0% | -26.67% | -112.5% |
| Pretax Income | $43.10M | $37.40M | $31.50M |
| YoY Change | 73.79% | 18.73% | 68.45% |
| Income Tax | $9.300M | $10.80M | $8.500M |
| % Of Pretax Income | 21.58% | 28.88% | 26.98% |
| Net Earnings | $30.09M | $26.55M | $23.03M |
| YoY Change | 69.05% | 14.44% | 78.5% |
| Net Earnings / Revenue | 5.92% | 5.62% | 5.29% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $672.0K | $533.2K | $465.6K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 49.56M | 49.12M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2011 Q1 | 2010 Q4 | 2010 Q3 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $205.8M | $173.0M | $173.8M |
| YoY Change | 2.39% | -18.01% | -20.64% |
| Cash & Equivalents | $108.9M | $173.0M | $173.8M |
| Short-Term Investments | |||
| Other Short-Term Assets | $71.30M | $71.40M | $63.70M |
| YoY Change | 26.87% | 20.4% | 9.45% |
| Inventory | $305.8M | $302.0M | $277.8M |
| Prepaid Expenses | |||
| Receivables | $420.2M | $418.5M | $352.9M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $1.003B | $965.0M | $868.3M |
| YoY Change | 12.04% | 7.71% | 1.35% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $344.4M | $320.8M | $302.7M |
| YoY Change | 9.29% | 0.85% | -4.81% |
| Goodwill | $343.7M | ||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $33.20M | $33.90M | $31.30M |
| YoY Change | -2.92% | -7.12% | -4.86% |
| Total Long-Term Assets | $767.3M | $767.2M | $732.0M |
| YoY Change | 1.4% | 1.08% | -2.84% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $1.003B | $965.0M | $868.3M |
| Total Long-Term Assets | $767.3M | $767.2M | $732.0M |
| Total Assets | $1.770B | $1.732B | $1.600B |
| YoY Change | 7.17% | 4.67% | -0.61% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $214.6M | $206.5M | $176.6M |
| YoY Change | 8.22% | 12.29% | 8.88% |
| Accrued Expenses | $192.3M | $198.6M | $178.5M |
| YoY Change | 1.21% | 5.08% | -4.6% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $21.10M | $19.20M | $25.80M |
| YoY Change | -20.97% | -29.15% | -6.52% |
| Total Short-Term Liabilities | $428.0M | $424.4M | $381.0M |
| YoY Change | 2.03% | 6.1% | 1.09% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $310.5M | $314.8M | $319.1M |
| YoY Change | -4.08% | -5.92% | -6.15% |
| Other Long-Term Liabilities | $54.50M | $59.10M | $52.30M |
| YoY Change | 0.0% | -12.31% | -21.12% |
| Total Long-Term Liabilities | $365.0M | $373.9M | $371.4M |
| YoY Change | -3.49% | -6.99% | -8.59% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $428.0M | $424.4M | $381.0M |
| Total Long-Term Liabilities | $365.0M | $373.9M | $371.4M |
| Total Liabilities | $867.2M | $872.8M | $825.2M |
| YoY Change | -0.56% | 0.2% | -3.18% |
| 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 | $903.3M | $859.4M | $775.1M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $1.770B | $1.732B | $1.600B |
| YoY Change | 7.17% | 4.67% | -0.61% |
Cashflow Statement
| Concept | 2011 Q1 | 2010 Q4 | 2010 Q3 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $30.09M | $26.55M | $23.03M |
| YoY Change | 69.05% | 14.44% | 78.5% |
| Depreciation, Depletion And Amortization | $10.80M | $11.20M | $11.20M |
| YoY Change | 4.85% | -7.44% | -5.88% |
| Cash From Operating Activities | $37.80M | $19.80M | -$12.70M |
| YoY Change | 43.18% | -31.25% | -168.28% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$16.90M | -$13.40M | -$10.90M |
| YoY Change | 17.36% | 22.94% | 11.22% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $400.0K | -$200.0K | -$1.200M |
| YoY Change | -103.81% | -98.92% | -71.43% |
| Cash From Investing Activities | -$16.50M | -$13.60M | -$12.10M |
| YoY Change | -34.0% | -53.74% | -13.57% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 12.80M | -12.40M | 600.0K |
| YoY Change | -268.42% | 110.17% | -108.82% |
| NET CHANGE | |||
| Cash From Operating Activities | 37.80M | 19.80M | -12.70M |
| Cash From Investing Activities | -16.50M | -13.60M | -12.10M |
| Cash From Financing Activities | 12.80M | -12.40M | 600.0K |
| Net Change In Cash | 34.10M | -6.200M | -24.20M |
| YoY Change | -650.0% | -4.62% | 1000.0% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $37.80M | $19.80M | -$12.70M |
| Capital Expenditures | -$16.90M | -$13.40M | -$10.90M |
| Free Cash Flow | $54.70M | $33.20M | -$1.800M |
| YoY Change | 34.07% | -16.37% | -106.34% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2011Q4 | us-gaap |
Gross Profit
GrossProfit
|
114395000 | |
| CY2012Q1 | us-gaap |
Gross Profit
GrossProfit
|
130876000 | |
| CY2012Q1 | us-gaap |
Gross Profit
GrossProfit
|
145463000 | |
| CY2010 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
114297000 | |
| CY2010Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
37480000 | |
| CY2011 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
183814000 | |
| CY2010Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
44496000 | |
| CY2011Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
48320000 | |
| CY2011Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
53518000 | |
| CY2011Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
48715000 | |
| CY2012 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
210811000 | |
| CY2011Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
42440000 | |
| CY2012Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
53777000 | |
| CY2012Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
65879000 | |
| CY2010Q3 | us-gaap |
Profit Loss
ProfitLoss
|
23027000 | |
| CY2011 | us-gaap |
Profit Loss
ProfitLoss
|
113426000 | |
| CY2010Q4 | us-gaap |
Profit Loss
ProfitLoss
|
26549000 | |
| CY2011Q1 | us-gaap |
Profit Loss
ProfitLoss
|
33759000 | |
| CY2011Q1 | us-gaap |
Profit Loss
ProfitLoss
|
30091000 | |
| CY2010 | us-gaap |
Revenues From Transactions With Other Operating Segments Of Same Entity
RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity
|
75534000 | |
| CY2011 | us-gaap |
Revenues From Transactions With Other Operating Segments Of Same Entity
RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity
|
119076000 | |
| CY2012 | us-gaap |
Revenues From Transactions With Other Operating Segments Of Same Entity
RevenuesFromTransactionsWithOtherOperatingSegmentsOfSameEntity
|
134949000 | |
| CY2011 | us-gaap |
Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
|
2308000 | |
| CY2011Q1 | ens |
Derivatives Asset Carrying Value
DerivativesAssetCarryingValue
|
9575000 | |
| CY2012Q1 | ens |
Derivatives Asset Carrying Value
DerivativesAssetCarryingValue
|
782000 | |
| CY2011Q1 | ens |
Derivatives Liabilities Carrying Value
DerivativesLiabilitiesCarryingValue
|
8438000 | |
| CY2012Q1 | ens |
Derivatives Liabilities Carrying Value
DerivativesLiabilitiesCarryingValue
|
4723000 | |
| CY2011Q1 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
9575000 | |
| CY2012Q1 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
782000 | |
| CY2011Q1 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
8438000 | |
| CY2012Q1 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
4723000 | |
| CY2011Q3 | us-gaap |
Gross Profit
GrossProfit
|
121971000 | |
| CY2012 | us-gaap |
Gross Profit
GrossProfit
|
512705000 |
