2016 Q3 Form 10-Q Financial Statement
#000143774916041998 Filed on November 14, 2016
Income Statement
Concept | 2016 Q3 | 2015 Q3 |
---|---|---|
Revenue | $18.32M | $23.17M |
YoY Change | -20.93% | -26.56% |
Cost Of Revenue | $18.36M | $22.26M |
YoY Change | -17.5% | -23.57% |
Gross Profit | -$45.71K | $907.7K |
YoY Change | -105.04% | -62.51% |
Gross Profit Margin | -0.25% | 3.92% |
Selling, General & Admin | $915.8K | $1.213M |
YoY Change | -24.49% | -6.48% |
% of Gross Profit | 133.62% | |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $400.0K | $430.0K |
YoY Change | -6.98% | -4.44% |
% of Gross Profit | 47.37% | |
Operating Expenses | $915.8K | $1.213M |
YoY Change | -24.49% | -6.48% |
Operating Profit | -$961.5K | -$305.1K |
YoY Change | 215.12% | -127.15% |
Interest Expense | $10.00K | $20.00K |
YoY Change | -50.0% | 0.0% |
% of Operating Profit | ||
Other Income/Expense, Net | $0.00 | $0.00 |
YoY Change | ||
Pretax Income | -$946.8K | -$287.9K |
YoY Change | 228.88% | -125.27% |
Income Tax | -$342.9K | -$94.59K |
% Of Pretax Income | ||
Net Earnings | -$603.9K | -$193.3K |
YoY Change | 212.42% | -125.25% |
Net Earnings / Revenue | -3.3% | -0.83% |
Basic Earnings Per Share | -$0.09 | -$0.03 |
Diluted Earnings Per Share | -$0.09 | -$0.03 |
COMMON SHARES | ||
Basic Shares Outstanding | 6.799M | 6.799M |
Diluted Shares Outstanding | 6.799M | 6.799M |
Balance Sheet
Concept | 2016 Q3 | 2015 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $7.130M | $1.730M |
YoY Change | 312.14% | -76.07% |
Cash & Equivalents | $7.133M | $1.732M |
Short-Term Investments | ||
Other Short-Term Assets | $264.8K | $341.3K |
YoY Change | -22.42% | -4.53% |
Inventory | $34.05M | $40.42M |
Prepaid Expenses | ||
Receivables | $5.203M | $7.223M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $46.65M | $49.71M |
YoY Change | -6.16% | -10.74% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $15.60M | $15.98M |
YoY Change | -2.39% | 10.98% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $1.500M | $1.290M |
YoY Change | 16.28% | 16.22% |
Total Long-Term Assets | $18.01M | $17.27M |
YoY Change | 4.29% | 11.36% |
TOTAL ASSETS | ||
Total Short-Term Assets | $46.65M | $49.71M |
Total Long-Term Assets | $18.01M | $17.27M |
Total Assets | $64.66M | $66.98M |
YoY Change | -3.46% | -5.93% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $2.600M | $1.830M |
YoY Change | 42.08% | -66.24% |
Accrued Expenses | $430.0K | $540.0K |
YoY Change | -20.37% | -22.86% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $3.103M | $2.432M |
YoY Change | 27.61% | -61.63% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $520.0K | $1.140M |
YoY Change | -54.39% | 8.57% |
Total Long-Term Liabilities | $520.0K | $1.140M |
YoY Change | -54.39% | 8.57% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $3.103M | $2.432M |
Total Long-Term Liabilities | $520.0K | $1.140M |
Total Liabilities | $3.625M | $3.570M |
YoY Change | 1.54% | -52.53% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $29.54M | $31.91M |
YoY Change | -7.44% | -0.85% |
Common Stock | $36.98M | $36.98M |
YoY Change | 0.0% | 0.0% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $5.476M | $5.476M |
YoY Change | 0.0% | 0.0% |
Treasury Stock Shares | $1.176M | $1.176M |
Shareholders Equity | $61.04M | $63.41M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $64.66M | $66.98M |
YoY Change | -3.46% | -5.93% |
Cashflow Statement
Concept | 2016 Q3 | 2015 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$603.9K | -$193.3K |
YoY Change | 212.42% | -125.25% |
Depreciation, Depletion And Amortization | $400.0K | $430.0K |
YoY Change | -6.98% | -4.44% |
Cash From Operating Activities | $6.640M | -$1.520M |
YoY Change | -536.84% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$240.0K | -$480.0K |
YoY Change | -50.0% | -85.92% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$20.00K | -$10.00K |
YoY Change | 100.0% | 0.0% |
Cash From Investing Activities | -$260.0K | -$510.0K |
YoY Change | -49.02% | -85.09% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -70.00K | -70.00K |
YoY Change | 0.0% | -46.15% |
NET CHANGE | ||
Cash From Operating Activities | 6.640M | -1.520M |
Cash From Investing Activities | -260.0K | -510.0K |
Cash From Financing Activities | -70.00K | -70.00K |
Net Change In Cash | 6.310M | -2.100M |
YoY Change | -400.48% | -40.85% |
FREE CASH FLOW | ||
Cash From Operating Activities | $6.640M | -$1.520M |
Capital Expenditures | -$240.0K | -$480.0K |
Free Cash Flow | $6.880M | -$1.040M |
YoY Change | -761.54% | -130.5% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2016Q3 | frd |
Allowance For Doubtful Accounts Receivable And Cash Discounts Current
AllowanceForDoubtfulAccountsReceivableAndCashDiscountsCurrent
|
22276 | |
CY2016Q1 | frd |
Allowance For Doubtful Accounts Receivable And Cash Discounts Current
AllowanceForDoubtfulAccountsReceivableAndCashDiscountsCurrent
|
22276 | |
CY2016Q3 | frd |
Cash Value Of Officers Life Insurance And Other Assets Noncurrent
CashValueOfOfficersLifeInsuranceAndOtherAssetsNoncurrent
|
548500 | |
CY2016Q1 | frd |
Cash Value Of Officers Life Insurance And Other Assets Noncurrent
CashValueOfOfficersLifeInsuranceAndOtherAssetsNoncurrent
|
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CY2016Q3 | frd |
Effect Of Lifo Inventory Liquidation Deferred Debit To Inventory
EffectOfLifoInventoryLiquidationDeferredDebitToInventory
|
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frd |
Increase Decrease In Deferred Compensation Cash Based Arrangementsliability
IncreaseDecreaseInDeferredCompensationCashBasedArrangementsliability
|
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frd |
Increase Decrease In Deferred Compensation Cash Based Arrangementsliability
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|
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CY2016Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current
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|
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Accounts Receivable Net Current
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Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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|
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|
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|
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CY2016Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
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Common Stock Dividends Per Share Declared
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Common Stock Dividends Per Share Declared
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|
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|
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Earnings Per Share Basic
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|
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Earnings Per Share Basic
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|
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us-gaap |
Earnings Per Share Basic
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|
0.05 | ||
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Earnings Per Share Diluted
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|
-0.09 | |
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|
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|
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|
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|
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|
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Increase Decrease In Accounts Receivable
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|
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Increase Decrease In Employee Related Liabilities
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|
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Increase Decrease In Employee Related Liabilities
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|
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Increase Decrease In Income Taxes Receivable
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|
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Increase Decrease In Income Taxes Receivable
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|
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Increase Decrease In Inventories
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|
-7887724 | ||
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Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
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Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
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us-gaap |
Increase Decrease In Other Operating Assets
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|
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CY2016Q3 | us-gaap |
Interest And Other Income
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|
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Pension And Other Postretirement Benefit Expense
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|
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|
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|
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Interest Paid Net
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|
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Interest Paid Net
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|
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Inventory Net
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|
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CY2016Q1 | us-gaap |
Inventory Net
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|
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Land
Land
|
1082331 | |
CY2016Q1 | us-gaap |
Land
Land
|
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CY2016Q3 | us-gaap |
Liabilities
Liabilities
|
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CY2016Q1 | us-gaap |
Liabilities
Liabilities
|
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CY2016Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
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CY2016Q1 | us-gaap |
Liabilities And Stockholders Equity
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|
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CY2016Q3 | us-gaap |
Liabilities Current
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|
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Liabilities Current
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|
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Machinery And Equipment Gross
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|
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CY2016Q1 | us-gaap |
Machinery And Equipment Gross
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|
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us-gaap |
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|
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Net Income Loss
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|
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Net Income Loss
NetIncomeLoss
|
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CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
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Net Income Loss
NetIncomeLoss
|
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Other Assets Current
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|
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|
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Other Postretirement Defined Benefit Plan Liabilities Noncurrent
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|
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Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
|
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Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
|
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Payments Of Dividends Common Stock
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|
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|
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|
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Payments To Acquire Life Insurance Policies
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|
34500 | ||
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Payments To Acquire Property Plant And Equipment
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|
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us-gaap |
Payments To Acquire Property Plant And Equipment
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|
1321185 | ||
us-gaap |
Pension And Other Postretirement Benefit Expense
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|
28841 | ||
CY2015Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
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|
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Property Plant And Equipment Net
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|
15601026 | |
CY2016Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
15968239 | |
CY2016Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
29535087 | |
CY2016Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
31736177 | |
CY2016Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
18317506 | |
CY2015Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
23165705 | |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
40711270 | ||
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
47134273 | ||
CY2016Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
915829 | |
CY2015Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1212836 | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
2008579 | ||
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
2566292 | ||
CY2016Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
61037957 | |
CY2016Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
63239047 | |
CY2016Q3 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
1175716 | |
CY2016Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
1175716 | |
CY2016Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
5475964 | |
CY2016Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
5475964 | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
6799444 | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
6799444 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
6799444 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
6799444 | ||
CY2016Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6799444 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6799444 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6799444 |