2010 Q3 Form 10-K Financial Statement
#000119312511317245 Filed on November 18, 2011
Income Statement
| Concept | 2010 Q3 | 2010 Q2 | 2010 Q1 |
|---|---|---|---|
| Revenue | $155.1M | $155.3M | $143.7M |
| YoY Change | 2.11% | -0.45% | -9.79% |
| Cost Of Revenue | $48.46M | $45.32M | $44.64M |
| YoY Change | 5.8% | -5.91% | -16.56% |
| Gross Profit | $106.6M | $110.0M | $99.10M |
| YoY Change | 0.47% | 1.95% | -6.42% |
| Gross Profit Margin | 68.73% | 70.83% | 68.96% |
| Selling, General & Admin | $59.30M | $57.08M | $53.70M |
| YoY Change | 14.48% | 13.5% | 2.29% |
| % of Gross Profit | 55.63% | 51.89% | 54.19% |
| Research & Development | $16.20M | $19.20M | $19.30M |
| YoY Change | -10.99% | 4.35% | 2.12% |
| % of Gross Profit | 15.2% | 17.45% | 19.48% |
| Depreciation & Amortization | $7.100M | $7.700M | $8.000M |
| YoY Change | -23.66% | -20.62% | -18.37% |
| % of Gross Profit | 6.66% | 7.0% | 8.07% |
| Operating Expenses | $77.40M | $57.08M | $76.10M |
| YoY Change | 5.59% | 13.5% | 2.15% |
| Operating Profit | $29.20M | $52.92M | $23.00M |
| YoY Change | -10.98% | -8.14% | -26.75% |
| Interest Expense | -$7.600M | -$5.100M | -$4.900M |
| YoY Change | 58.33% | -1.92% | -7.55% |
| % of Operating Profit | -26.03% | -9.64% | -21.3% |
| Other Income/Expense, Net | $0.00 | $700.0K | $1.000M |
| YoY Change | -100.0% | 40.0% | -433.33% |
| Pretax Income | $20.00M | $26.70M | $19.20M |
| YoY Change | -28.57% | -6.64% | -22.89% |
| Income Tax | $4.200M | $8.800M | $6.200M |
| % Of Pretax Income | 21.0% | 32.96% | 32.29% |
| Net Earnings | $15.84M | $17.94M | $12.99M |
| YoY Change | -7.36% | -0.9% | -26.6% |
| Net Earnings / Revenue | 10.21% | 11.55% | 9.04% |
| Basic Earnings Per Share | $0.39 | $0.40 | $0.28 |
| Diluted Earnings Per Share | $0.38 | $0.40 | $0.28 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 44.45M shares | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2010 Q3 | 2010 Q2 | 2010 Q1 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $214.8M | $241.8M | $342.5M |
| YoY Change | -32.41% | -23.51% | 31.48% |
| Cash & Equivalents | $146.2M | $112.6M | $190.9M |
| Short-Term Investments | $68.60M | $129.2M | $151.6M |
| Other Short-Term Assets | $19.20M | $22.20M | $24.90M |
| YoY Change | -16.52% | -12.94% | 22.06% |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $113.2M | $107.8M | $88.40M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $347.2M | $371.8M | $455.8M |
| YoY Change | -21.55% | -15.54% | 18.08% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $31.00M | $31.40M | $32.80M |
| YoY Change | -9.62% | -18.02% | -20.0% |
| Goodwill | $666.0M | ||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $15.40M | $30.10M | $50.60M |
| YoY Change | -78.73% | -54.74% | -37.99% |
| Other Assets | $36.90M | $39.20M | $44.60M |
| YoY Change | -24.23% | -28.99% | -22.57% |
| Total Long-Term Assets | $776.5M | $790.6M | $821.6M |
| YoY Change | -9.85% | -9.41% | -7.27% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $347.2M | $371.8M | $455.8M |
| Total Long-Term Assets | $776.5M | $790.6M | $821.6M |
| Total Assets | $1.124B | $1.162B | $1.277B |
| YoY Change | -13.82% | -11.46% | 0.42% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $8.800M | $8.500M | $9.100M |
| YoY Change | 2.33% | -20.56% | -33.58% |
| Accrued Expenses | $62.40M | $66.90M | $70.90M |
| YoY Change | -5.88% | -3.04% | 14.91% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $8.000M | $8.000M | |
| YoY Change | |||
| Total Short-Term Liabilities | $122.1M | $128.6M | $120.8M |
| YoY Change | 6.54% | 7.26% | 5.23% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $512.0M | $512.0M | $570.0M |
| YoY Change | -10.18% | -10.18% | 0.0% |
| Other Long-Term Liabilities | $14.70M | $14.60M | $16.20M |
| YoY Change | -22.63% | -22.34% | -28.63% |
| Total Long-Term Liabilities | $526.7M | $526.6M | $586.2M |
| YoY Change | -10.58% | -10.56% | -1.1% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $122.1M | $128.6M | $120.8M |
| Total Long-Term Liabilities | $526.7M | $526.6M | $586.2M |
| Total Liabilities | $648.8M | $655.3M | $706.9M |
| YoY Change | -7.79% | -7.53% | -0.08% |
| 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 | $474.9M | $507.1M | $570.5M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $1.124B | $1.162B | $1.277B |
| YoY Change | -13.82% | -11.46% | 0.42% |
Cashflow Statement
| Concept | 2010 Q3 | 2010 Q2 | 2010 Q1 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $15.84M | $17.94M | $12.99M |
| YoY Change | -7.36% | -0.9% | -26.6% |
| Depreciation, Depletion And Amortization | $7.100M | $7.700M | $8.000M |
| YoY Change | -23.66% | -20.62% | -18.37% |
| Cash From Operating Activities | $21.80M | $14.00M | $38.70M |
| YoY Change | -20.15% | -63.16% | -21.98% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$4.800M | -$4.700M | -$3.500M |
| YoY Change | 77.78% | 67.86% | 20.69% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $75.00M | $43.60M | -$26.10M |
| YoY Change | -211.77% | -14633.33% | 8600.0% |
| Cash From Investing Activities | $70.30M | $38.90M | -$29.70M |
| YoY Change | -200.86% | -1354.84% | 828.13% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -61.30M | -131.0M | -21.60M |
| YoY Change | 226.06% | 11809.09% | 1561.54% |
| NET CHANGE | |||
| Cash From Operating Activities | 21.80M | 14.00M | 38.70M |
| Cash From Investing Activities | 70.30M | 38.90M | -29.70M |
| Cash From Financing Activities | -61.30M | -131.0M | -21.60M |
| Net Change In Cash | 30.80M | -78.10M | -12.60M |
| YoY Change | -150.33% | -331.07% | -127.94% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $21.80M | $14.00M | $38.70M |
| Capital Expenditures | -$4.800M | -$4.700M | -$3.500M |
| Free Cash Flow | $26.60M | $18.70M | $42.20M |
| YoY Change | -11.33% | -54.17% | -19.62% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2011Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
38687000 | shares |
| CY2009 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
206448000 | |
| CY2009 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
12891000 | |
| CY2009 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
209319000 | |
| CY2010 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
180932000 | |
| CY2010 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
10901000 | |
| CY2010 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
225263000 | |
| CY2011 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
186470000 | |
| CY2011 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
7741000 | |
| CY2011 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
223615000 | |
| CY2010Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.28 | |
| CY2010Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
12992000 | |
| CY2010Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
44641000 | |
| CY2010Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.28 | |
| CY2011Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.19 | |
| CY2011Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
7745000 | |
| CY2011Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
48506000 | |
| CY2011Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.19 | |
| CY2010Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.40 | |
| CY2010Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
17938000 | |
| CY2010Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
45316000 | |
| CY2010Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.40 | |
| CY2011Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.58 | |
| CY2011Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
23189000 | |
| CY2011Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
43398000 | |
| CY2011Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.59 | |
| CY2009Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.37 | |
| CY2009Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
17686000 | |
| CY2009Q4 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
42519000 | |
| CY2009Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.37 | |
| CY2010Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.40 | |
| CY2010Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
16009000 | |
| CY2010Q4 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
45803000 | |
| CY2010Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.40 | |
| CY2010Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.38 | |
| CY2010Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
15841000 | |
| CY2010Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
48456000 | |
| CY2010Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.39 | |
| CY2011Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.64 | |
| CY2011Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
24619000 | |
| CY2011Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
48763000 | |
| CY2011Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.65 |
