2014 Q2 Form 10-Q Financial Statement

#000119312514302587 Filed on August 08, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q2
Revenue $13.79M $12.49M
YoY Change 10.36% 18.11%
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 $660.0K $540.0K
YoY Change 22.22% 63.64%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $2.688M $2.642M
YoY Change 1.74% -31.2%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $3.602M $2.395M
YoY Change 50.4% 116.74%
Income Tax $976.0K $519.0K
% Of Pretax Income 27.1% 21.67%
Net Earnings $2.626M $1.876M
YoY Change 39.98% 136.27%
Net Earnings / Revenue 19.05% 15.02%
Basic Earnings Per Share $0.24 $0.16
Diluted Earnings Per Share $0.24 $0.16
COMMON SHARES
Basic Shares Outstanding 10.84M shares 11.41M shares
Diluted Shares Outstanding 10.84M shares 11.41M shares

Balance Sheet

Concept 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $23.48M $20.33M
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 $17.12M $15.92M
YoY Change 7.54% 38.44%
Goodwill $10.26M $8.817M
YoY Change 16.35%
Intangibles $2.599M $2.707M
YoY Change -3.99%
Long-Term Investments
YoY Change
Other Assets $11.00M $12.60M
YoY Change -12.7%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.559B $1.378B
YoY Change 13.11% 23.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $78.75M $32.21M
YoY Change 144.47% 192.84%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $78.70M $32.20M
YoY Change 144.41% 192.73%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $20.50M $25.50M
YoY Change -19.61% 214.81%
Total Long-Term Liabilities $20.50M $25.50M
YoY Change -19.61% 214.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $78.70M $32.20M
Total Long-Term Liabilities $20.50M $25.50M
Total Liabilities $1.388B $1.213B
YoY Change 14.38% 27.8%
SHAREHOLDERS EQUITY
Retained Earnings $75.78M $70.23M
YoY Change 7.91%
Common Stock $181.0K $181.0K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $77.45M $73.11M
YoY Change 5.93%
Treasury Stock Shares 6.309M shares 5.917M shares
Shareholders Equity $171.3M $165.1M
YoY Change
Total Liabilities & Shareholders Equity $1.559B $1.378B
YoY Change 13.11% 23.84%

Cashflow Statement

Concept 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income $2.626M $1.876M
YoY Change 39.98% 136.27%
Depreciation, Depletion And Amortization $660.0K $540.0K
YoY Change 22.22% 63.64%
Cash From Operating Activities $3.500M $6.960M
YoY Change -49.71% 133.56%
INVESTING ACTIVITIES
Capital Expenditures -$230.0K -$240.0K
YoY Change -4.17% -29.41%
Acquisitions
YoY Change
Other Investing Activities -$15.16M -$4.040M
YoY Change 275.25% -677.14%
Cash From Investing Activities -$15.38M -$4.280M
YoY Change 259.35% -1288.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.310M -6.310M
YoY Change -15.85% 74.31%
NET CHANGE
Cash From Operating Activities 3.500M 6.960M
Cash From Investing Activities -15.38M -4.280M
Cash From Financing Activities -5.310M -6.310M
Net Change In Cash -17.19M -3.630M
YoY Change 373.55% 1196.43%
FREE CASH FLOW
Cash From Operating Activities $3.500M $6.960M
Capital Expenditures -$230.0K -$240.0K
Free Cash Flow $3.730M $7.200M
YoY Change -48.19% 116.87%

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