2019 Q1 Form 10-Q Financial Statement

#000104734019000132 Filed on April 30, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q1
Revenue $1.154B $1.106B
YoY Change 4.35% 7.14%
Cost Of Revenue $1.059B $999.6M
YoY Change 5.95% 7.1%
Gross Profit $95.10M $106.5M
YoY Change -10.7% 7.47%
Gross Profit Margin 8.24% 9.63%
Selling, General & Admin $54.30M $48.60M
YoY Change 11.73% 1.46%
% of Gross Profit 57.1% 45.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $24.40M $21.00M
YoY Change 16.19% 5.53%
% of Gross Profit 25.66% 19.72%
Operating Expenses $54.30M $48.60M
YoY Change 11.73% 1.46%
Operating Profit $41.30M $56.50M
YoY Change -26.9% 4.82%
Interest Expense $6.900M $3.700M
YoY Change 86.49% 164.29%
% of Operating Profit 16.71% 6.55%
Other Income/Expense, Net $11.30M -$3.400M
YoY Change -432.35% 3300.0%
Pretax Income $45.80M $49.50M
YoY Change -7.47% -5.71%
Income Tax $8.600M $6.300M
% Of Pretax Income 18.78% 12.73%
Net Earnings $36.10M $41.50M
YoY Change -13.01% -10.56%
Net Earnings / Revenue 3.13% 3.75%
Basic Earnings Per Share $0.74 $0.85
Diluted Earnings Per Share $0.74 $0.85
COMMON SHARES
Basic Shares Outstanding 48.55M shares 48.78M shares
Diluted Shares Outstanding 48.75M shares 49.03M shares

Balance Sheet

Concept 2019 Q1 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $21.90M $37.40M
YoY Change -41.44% 43.85%
Cash & Equivalents $21.90M $37.40M
Short-Term Investments
Other Short-Term Assets $72.30M $24.70M
YoY Change 192.71% -25.15%
Inventory $575.8M $567.3M
Prepaid Expenses
Receivables $429.3M $446.7M
Other Receivables $90.00M $90.40M
Total Short-Term Assets $1.189B $1.167B
YoY Change 1.95% 16.9%
LONG-TERM ASSETS
Property, Plant & Equipment $1.404B $1.423B
YoY Change -1.36% 10.47%
Goodwill $423.7M $591.0M
YoY Change -28.31% 126.35%
Intangibles $164.9M
YoY Change
Long-Term Investments $3.300M $2.000M
YoY Change 65.0% 0.0%
Other Assets $41.50M $104.7M
YoY Change -60.36% 13.31%
Total Long-Term Assets $2.322B $2.180B
YoY Change 6.51% 27.22%
TOTAL ASSETS
Total Short-Term Assets $1.189B $1.167B
Total Long-Term Assets $2.322B $2.180B
Total Assets $3.511B $3.347B
YoY Change 4.92% 23.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $556.1M $446.1M
YoY Change 24.66% 24.05%
Accrued Expenses $56.00M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $400.0K $600.0K
YoY Change -33.33% 20.0%
Total Short-Term Liabilities $620.7M $462.5M
YoY Change 34.21% 23.7%
LONG-TERM LIABILITIES
Long-Term Debt $700.2M $794.1M
YoY Change -11.82% 197.53%
Other Long-Term Liabilities $58.90M $40.30M
YoY Change 46.15% -4.73%
Total Long-Term Liabilities $58.90M $40.30M
YoY Change 46.15% -4.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $620.7M $462.5M
Total Long-Term Liabilities $58.90M $40.30M
Total Liabilities $1.709B $1.481B
YoY Change 15.38% 70.32%
SHAREHOLDERS EQUITY
Retained Earnings $1.239B $1.303B
YoY Change -4.93% -0.65%
Common Stock $532.0M $526.2M
YoY Change 1.1% -4.17%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.725B $1.802B
YoY Change
Total Liabilities & Shareholders Equity $3.511B $3.347B
YoY Change 4.92% 23.42%

Cashflow Statement

Concept 2019 Q1 2018 Q1
OPERATING ACTIVITIES
Net Income $36.10M $41.50M
YoY Change -13.01% -10.56%
Depreciation, Depletion And Amortization $24.40M $21.00M
YoY Change 16.19% 5.53%
Cash From Operating Activities -$7.200M $1.500M
YoY Change -580.0% -95.45%
INVESTING ACTIVITIES
Capital Expenditures -$34.20M -$42.70M
YoY Change -19.91% 19.94%
Acquisitions
YoY Change
Other Investing Activities $4.600M -$371.2M
YoY Change -101.24% -33845.45%
Cash From Investing Activities -$29.60M -$413.9M
YoY Change -92.85% 1099.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $8.200M
YoY Change -100.0% -53.14%
Debt Paid & Issued, Net $290.8M $138.7M
YoY Change 109.66% -3.28%
Cash From Financing Activities $35.20M $423.1M
YoY Change -91.68% 6951.67%
NET CHANGE
Cash From Operating Activities -$7.200M $1.500M
Cash From Investing Activities -$29.60M -$413.9M
Cash From Financing Activities $35.20M $423.1M
Net Change In Cash $600.0K $10.70M
YoY Change -94.39% 137.78%
FREE CASH FLOW
Cash From Operating Activities -$7.200M $1.500M
Capital Expenditures -$34.20M -$42.70M
Free Cash Flow $27.00M $44.20M
YoY Change -38.91% -35.57%

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CY2018Q1 us-gaap Proceeds From Issuance Of Long Term Debt
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500000 USD
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CY2018Q1 us-gaap Restructuring Settlement And Impairment Provisions
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P3Y
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48547698 shares

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