2020 Q4 Form 10-Q Financial Statement

#000000695521000003 Filed on January 05, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2019 Q4
Revenue $119.4M $146.7M
YoY Change -18.57% -7.49%
Cost Of Revenue $64.17M $77.99M
YoY Change -17.72% -11.62%
Gross Profit $55.26M $68.69M
YoY Change -19.54% -2.31%
Gross Profit Margin 46.27% 46.83%
Selling, General & Admin $43.71M $51.80M
YoY Change -15.62% -2.45%
% of Gross Profit 79.09% 75.41%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.458M $4.779M
YoY Change 14.21% -5.48%
% of Gross Profit 9.88% 6.96%
Operating Expenses $43.71M $53.70M
YoY Change -18.6% -3.24%
Operating Profit $9.069M $14.37M
YoY Change -36.88% -267.98%
Interest Expense -$1.700M -$6.700M
YoY Change -74.63% -8.22%
% of Operating Profit -18.75% -46.63%
Other Income/Expense, Net -$273.0K -$318.0K
YoY Change -14.15% -37.03%
Pretax Income $7.080M $7.322M
YoY Change -3.31% -144.76%
Income Tax $2.258M $950.0K
% Of Pretax Income 31.89% 12.97%
Net Earnings $4.598M $2.121M
YoY Change 116.78% -112.15%
Net Earnings / Revenue 3.85% 1.45%
Basic Earnings Per Share $0.08 $0.04
Diluted Earnings Per Share $0.08 $0.03
COMMON SHARES
Basic Shares Outstanding 59.81M shares 60.08M shares
Diluted Shares Outstanding 60.09M shares 60.60M shares

Balance Sheet

Concept 2020 Q4 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $158.6M $206.8M
YoY Change -23.31% 1.67%
Cash & Equivalents $158.6M $206.8M
Short-Term Investments
Other Short-Term Assets $32.90M $42.72M
YoY Change -22.99% -72.94%
Inventory $70.70M $79.51M
Prepaid Expenses
Receivables $90.53M $122.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $357.8M $452.7M
YoY Change -20.97% -35.99%
LONG-TERM ASSETS
Property, Plant & Equipment $60.22M $56.09M
YoY Change 7.35% -29.14%
Goodwill $281.0M $264.0M
YoY Change 6.44% -44.7%
Intangibles $60.10M $51.24M
YoY Change 17.3% -66.45%
Long-Term Investments
YoY Change
Other Assets $79.47M $84.48M
YoY Change -5.94% 152.49%
Total Long-Term Assets $480.8M $455.8M
YoY Change 5.48% -38.63%
TOTAL ASSETS
Total Short-Term Assets $357.8M $452.7M
Total Long-Term Assets $480.8M $455.8M
Total Assets $838.6M $908.5M
YoY Change -7.7% -37.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $46.95M $68.79M
YoY Change -31.74% -44.55%
Accrued Expenses $18.20M $38.50M
YoY Change -52.73% 6.06%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change -100.0%
Total Short-Term Liabilities $109.7M $157.3M
YoY Change -30.24% -52.68%
LONG-TERM LIABILITIES
Long-Term Debt $255.0M $286.2M
YoY Change -10.91% -42.22%
Other Long-Term Liabilities $84.71M $90.38M
YoY Change -6.27% 70.17%
Total Long-Term Liabilities $339.7M $376.6M
YoY Change -9.8% -31.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $109.7M $157.3M
Total Long-Term Liabilities $339.7M $376.6M
Total Liabilities $470.6M $555.3M
YoY Change -15.24% -39.15%
SHAREHOLDERS EQUITY
Retained Earnings $922.3M $921.5M
YoY Change 0.09% -19.84%
Common Stock $212.5M $204.2M
YoY Change 4.06% 8.68%
Preferred Stock
YoY Change
Treasury Stock (at cost) $667.7M $658.0M
YoY Change 1.48% 6.52%
Treasury Stock Shares 22.80M shares 22.30M shares
Shareholders Equity $367.9M $353.3M
YoY Change
Total Liabilities & Shareholders Equity $838.6M $908.5M
YoY Change -7.7% -37.35%

Cashflow Statement

Concept 2020 Q4 2019 Q4
OPERATING ACTIVITIES
Net Income $4.598M $2.121M
YoY Change 116.78% -112.15%
Depreciation, Depletion And Amortization $5.458M $4.779M
YoY Change 14.21% -5.48%
Cash From Operating Activities $8.667M -$22.93M
YoY Change -137.8% -21.24%
INVESTING ACTIVITIES
Capital Expenditures -$1.900M -$3.200M
YoY Change -40.63% -30.43%
Acquisitions
YoY Change
Other Investing Activities $0.00 $216.5M
YoY Change -100.0% -7083.87%
Cash From Investing Activities -$1.858M $213.3M
YoY Change -100.87% -2886.96%
FINANCING ACTIVITIES
Cash Dividend Paid $2.394M $2.419M
YoY Change -1.03% -0.82%
Common Stock Issuance & Retirement, Net $0.00 $17.81M
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$1.818M -$195.2M
YoY Change -99.07% 1936.11%
NET CHANGE
Cash From Operating Activities $8.667M -$22.93M
Cash From Investing Activities -$1.858M $213.3M
Cash From Financing Activities -$1.818M -$195.2M
Net Change In Cash $6.398M -$4.371M
YoY Change -246.37% -90.57%
FREE CASH FLOW
Cash From Operating Activities $8.667M -$22.93M
Capital Expenditures -$1.900M -$3.200M
Free Cash Flow $10.57M -$19.73M
YoY Change -153.57% -19.51%

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7080000 USD
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2064000 USD

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