2011 Q3 Form 10-Q Financial Statement
#000119312511297617 Filed on November 04, 2011
Income Statement
| Concept | 2011 Q3 | 2010 Q3 |
|---|---|---|
| Revenue | $134.8M | $132.1M |
| YoY Change | 2.06% | -4.41% |
| Cost Of Revenue | $126.1M | $118.6M |
| YoY Change | 6.33% | 0.68% |
| Gross Profit | $8.717M | $13.50M |
| YoY Change | -35.43% | -33.82% |
| Gross Profit Margin | 6.47% | 10.22% |
| Selling, General & Admin | $4.500M | $4.400M |
| YoY Change | 2.27% | -10.2% |
| % of Gross Profit | 51.62% | 32.59% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $12.36M | $12.39M |
| YoY Change | -0.21% | -2.45% |
| % of Gross Profit | 141.83% | 91.77% |
| Operating Expenses | $4.500M | $4.200M |
| YoY Change | 7.14% | -16.0% |
| Operating Profit | $16.77M | $9.300M |
| YoY Change | 80.3% | -39.61% |
| Interest Expense | $4.557M | $1.000M |
| YoY Change | 355.7% | -350.0% |
| % of Operating Profit | 27.18% | 10.75% |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $7.739M | $10.30M |
| YoY Change | -24.86% | -30.87% |
| Income Tax | $1.714M | $700.0K |
| % Of Pretax Income | 22.15% | 6.8% |
| Net Earnings | $6.025M | $9.600M |
| YoY Change | -37.24% | -7.69% |
| Net Earnings / Revenue | 4.47% | 7.27% |
| Basic Earnings Per Share | $0.14 | |
| Diluted Earnings Per Share | $0.14 | $217.2K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 44.20M shares | 43.86M |
| Diluted Shares Outstanding | 44.33M shares |
Balance Sheet
| Concept | 2011 Q3 | 2010 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $10.70M | $8.000M |
| YoY Change | 33.75% | 81.82% |
| Cash & Equivalents | $10.69M | $8.000M |
| Short-Term Investments | ||
| Other Short-Term Assets | $2.900M | $5.100M |
| YoY Change | -43.14% | 13.33% |
| Inventory | $108.2M | $103.0M |
| Prepaid Expenses | ||
| Receivables | $64.40M | $54.70M |
| Other Receivables | $6.700M | $0.00 |
| Total Short-Term Assets | $192.8M | $170.8M |
| YoY Change | 12.88% | 4.79% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $586.8M | $613.4M |
| YoY Change | -4.34% | -6.32% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $35.50M | $30.40M |
| YoY Change | 16.78% | -12.89% |
| Other Assets | $18.70M | $24.20M |
| YoY Change | -22.73% | 1.26% |
| Total Long-Term Assets | $797.3M | $829.7M |
| YoY Change | -3.9% | -5.0% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $192.8M | $170.8M |
| Total Long-Term Assets | $797.3M | $829.7M |
| Total Assets | $990.1M | $1.001B |
| YoY Change | -1.04% | -3.46% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $35.30M | $32.00M |
| YoY Change | 10.31% | 40.35% |
| Accrued Expenses | $42.20M | $42.20M |
| YoY Change | 0.0% | -6.84% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $0.00 | $10.00M |
| YoY Change | -100.0% | |
| Total Short-Term Liabilities | $77.50M | $84.10M |
| YoY Change | -7.85% | 16.81% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $285.0M | $285.0M |
| YoY Change | 0.0% | -5.0% |
| Other Long-Term Liabilities | $38.10M | $40.30M |
| YoY Change | -5.46% | -59.21% |
| Total Long-Term Liabilities | $323.1M | $325.3M |
| YoY Change | -0.68% | -18.43% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $77.50M | $84.10M |
| Total Long-Term Liabilities | $323.1M | $325.3M |
| Total Liabilities | $528.7M | $534.2M |
| YoY Change | -1.03% | -9.44% |
| 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 | $461.4M | $466.3M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $990.1M | $1.001B |
| YoY Change | -1.04% | -3.46% |
Cashflow Statement
| Concept | 2011 Q3 | 2010 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $6.025M | $9.600M |
| YoY Change | -37.24% | -7.69% |
| Depreciation, Depletion And Amortization | $12.36M | $12.39M |
| YoY Change | -0.21% | -2.45% |
| Cash From Operating Activities | $26.40M | $11.40M |
| YoY Change | 131.58% | -70.92% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $3.704M | $2.227M |
| YoY Change | 66.32% | -130.09% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $0.00 | $0.00 |
| YoY Change | ||
| Cash From Investing Activities | -$3.700M | -$2.300M |
| YoY Change | 60.87% | -68.92% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -15.50M | -4.100M |
| YoY Change | 278.05% | -85.66% |
| NET CHANGE | ||
| Cash From Operating Activities | 26.40M | 11.40M |
| Cash From Investing Activities | -3.700M | -2.300M |
| Cash From Financing Activities | -15.50M | -4.100M |
| Net Change In Cash | 7.200M | 5.000M |
| YoY Change | 44.0% | 56.25% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $26.40M | $11.40M |
| Capital Expenditures | $3.704M | $2.227M |
| Free Cash Flow | $22.70M | $9.173M |
| YoY Change | 147.42% | -80.32% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
7516000 | ||
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
5467000 | ||
| CY2010Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2227000 | |
| CY2011Q3 | us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
18571 | |
| CY2011Q1 | us-gaap |
Assets
Assets
|
982810000 | |
| CY2011Q3 | us-gaap |
Assets
Assets
|
990133000 | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
24839000 | ||
| CY2010Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
12389000 | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
24683000 | ||
| CY2011Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
12363000 | |
| us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
278000 | ||
| CY2010Q3 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
128000 | |
| us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
390000 | ||
| CY2011Q3 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
203000 | |
| us-gaap |
Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
79000 | ||
| CY2010Q3 | us-gaap |
Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
55000 | |
| us-gaap |
Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
49000 | ||
| CY2011Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3704000 |
