2017 Q2 Form 10-Q Financial Statement

#000156459017015668 Filed on August 04, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2 2015 Q4
Revenue $70.51M $64.83M $65.43M
YoY Change 8.76% 8.24% 0.26%
Cost Of Revenue $38.70M $30.90M $31.60M
YoY Change 25.24% 2119.83% 13.67%
Gross Profit $31.80M $33.90M $33.90M
YoY Change -6.19% -42.05% -9.36%
Gross Profit Margin 45.1% 52.29% 51.81%
Selling, General & Admin $17.60M $16.70M $17.60M
YoY Change 5.39% 59.29% -3.3%
% of Gross Profit 55.35% 49.26% 51.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.600M $3.900M $4.000M
YoY Change 17.95% 0.0% 2.56%
% of Gross Profit 14.47% 11.5% 11.8%
Operating Expenses $22.20M $20.60M $21.60M
YoY Change 7.77% 96.49% -2.26%
Operating Profit $9.600M $13.30M $12.30M
YoY Change -27.82% -72.3% -19.61%
Interest Expense -$4.000M -$3.700M -$3.300M
YoY Change 8.11% 15.63% -5.71%
% of Operating Profit -41.67% -27.82% -26.83%
Other Income/Expense, Net
YoY Change
Pretax Income $5.700M $9.600M $8.800M
YoY Change -40.63% 10.12% -19.27%
Income Tax $2.100M $3.900M $2.900M
% Of Pretax Income 36.84% 40.63% 32.95%
Net Earnings $3.326M $5.717M $5.807M
YoY Change -41.82% 9.08% -2.27%
Net Earnings / Revenue 4.72% 8.82% 8.87%
Basic Earnings Per Share $0.04 $0.06 $0.07
Diluted Earnings Per Share $0.04 $0.06 $0.06
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding 92.03M

Balance Sheet

Concept 2017 Q2 2016 Q2 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $60.60M $61.40M $47.90M
YoY Change -1.3% 20.63% 53.04%
Cash & Equivalents $60.64M $31.43M $47.92M
Short-Term Investments $30.00M $0.00
Other Short-Term Assets $6.200M $5.700M $5.700M
YoY Change 8.77% -49.56% 7.55%
Inventory
Prepaid Expenses
Receivables $70.80M $61.00M $66.40M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $137.6M $128.2M $120.0M
YoY Change 7.33% 8.37% 18.24%
LONG-TERM ASSETS
Property, Plant & Equipment $56.84M $56.30M $57.87M
YoY Change 0.95% -6.79% 1.92%
Goodwill $69.32M $50.08M
YoY Change 0.0%
Intangibles $237.4M
YoY Change -1.47%
Long-Term Investments
YoY Change
Other Assets $4.594M $55.10M $4.919M
YoY Change -91.66% -17.14% -18.55%
Total Long-Term Assets $415.4M $397.1M $404.9M
YoY Change 4.62% -4.57% -5.0%
TOTAL ASSETS
Total Short-Term Assets $137.6M $128.2M $120.0M
Total Long-Term Assets $415.4M $397.1M $404.9M
Total Assets $553.0M $525.3M $525.0M
YoY Change 5.28% -1.7% -0.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $47.20M $25.80M $6.600M
YoY Change 82.95% 25700.0% 10.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.750M $3.800M $3.750M
YoY Change -1.32% 0.0% 0.0%
Total Short-Term Liabilities $50.93M $29.60M $33.54M
YoY Change 72.07% -7.79% -7.0%
LONG-TERM LIABILITIES
Long-Term Debt $285.2M $308.1M $309.6M
YoY Change -7.45% -7.95% -8.02%
Other Long-Term Liabilities $27.13M $15.30M $14.57M
YoY Change 77.33% 11.68% 51.99%
Total Long-Term Liabilities $312.3M $323.4M $324.2M
YoY Change -3.44% -7.18% -6.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $50.93M $29.60M $33.54M
Total Long-Term Liabilities $312.3M $323.4M $324.2M
Total Liabilities $363.2M $353.0M $357.7M
YoY Change 2.89% -7.23% -6.42%
SHAREHOLDERS EQUITY
Retained Earnings -$709.9M -$738.8M
YoY Change -3.35%
Common Stock $901.8M $910.2M
YoY Change -0.21%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $189.8M $172.3M $167.3M
YoY Change
Total Liabilities & Shareholders Equity $553.0M $525.3M $525.0M
YoY Change 5.28% -1.7% -0.53%

Cashflow Statement

Concept 2017 Q2 2016 Q2 2015 Q4
OPERATING ACTIVITIES
Net Income $3.326M $5.717M $5.807M
YoY Change -41.82% 9.08% -2.27%
Depreciation, Depletion And Amortization $4.600M $3.900M $4.000M
YoY Change 17.95% 0.0% 2.56%
Cash From Operating Activities $10.40M $13.90M $15.40M
YoY Change -25.18% 52.75% -24.14%
INVESTING ACTIVITIES
Capital Expenditures $5.564M $2.346M -$2.200M
YoY Change 137.17% -63.86% 0.0%
Acquisitions
YoY Change
Other Investing Activities -$9.400M $0.00 $0.00
YoY Change
Cash From Investing Activities -$15.20M -$2.600M -$2.200M
YoY Change 484.62% -53.57% -4.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.600M -2.900M -23.30M
YoY Change 24.14% 16.0% -29.61%
NET CHANGE
Cash From Operating Activities 10.40M 13.90M 15.40M
Cash From Investing Activities -15.20M -2.600M -2.200M
Cash From Financing Activities -3.600M -2.900M -23.30M
Net Change In Cash -8.400M 8.400M -10.10M
YoY Change -200.0% 740.0% -33.11%
FREE CASH FLOW
Cash From Operating Activities $10.40M $13.90M $15.40M
Capital Expenditures $5.564M $2.346M -$2.200M
Free Cash Flow $4.836M $11.55M $17.60M
YoY Change -58.14% 343.02% -21.78%

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