2013 Form 10-K Financial Statement
#000119312514073053 Filed on February 27, 2014
Income Statement
| Concept | 2013 | 2012 Q3 | 2012 Q2 |
|---|---|---|---|
| Revenue | $598.0M | $170.3M | $163.2M |
| YoY Change | 1.61% | 7.61% | -2.81% |
| Cost Of Revenue | $482.0M | $139.6M | $150.8M |
| YoY Change | -2.88% | 8.47% | 5.75% |
| Gross Profit | $115.9M | $30.71M | $12.33M |
| YoY Change | 25.57% | 3.76% | -51.25% |
| Gross Profit Margin | 19.38% | 18.03% | 7.56% |
| Selling, General & Admin | $71.30M | $16.60M | $16.60M |
| YoY Change | 6.9% | -1.19% | 5.06% |
| % of Gross Profit | 61.52% | 54.05% | 134.59% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $10.00M | $3.470M | $3.090M |
| YoY Change | -22.9% | 20.91% | 3.0% |
| % of Gross Profit | 8.63% | 11.3% | 25.05% |
| Operating Expenses | $73.30M | $17.60M | $17.30M |
| YoY Change | 5.32% | 4.14% | 6.79% |
| Operating Profit | $42.60M | $13.11M | -$4.966M |
| YoY Change | 87.67% | 3.25% | -154.57% |
| Interest Expense | $1.500M | $0.00 | $300.0K |
| YoY Change | 200.0% | -100.0% | -400.0% |
| % of Operating Profit | 3.52% | 0.0% | |
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | $44.10M | $13.10M | -$4.600M |
| YoY Change | 85.29% | -4.38% | -150.55% |
| Income Tax | $14.80M | $4.600M | -$1.300M |
| % Of Pretax Income | 33.56% | 35.11% | |
| Net Earnings | $29.30M | $8.225M | -$2.071M |
| YoY Change | 80.86% | -15.21% | -132.36% |
| Net Earnings / Revenue | 4.9% | 4.83% | -1.27% |
| Basic Earnings Per Share | $0.81 | -$0.20 | |
| Diluted Earnings Per Share | $2.845M | $0.81 | -$0.20 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 10.18M | 10.14M | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2013 | 2012 Q3 | 2012 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $64.60M | $100.7M | $77.20M |
| YoY Change | -36.35% | 76.36% | 68.93% |
| Cash & Equivalents | $64.60M | $100.7M | $77.20M |
| Short-Term Investments | |||
| Other Short-Term Assets | $7.300M | $12.20M | $12.50M |
| YoY Change | -10.98% | 212.82% | 73.61% |
| Inventory | $77.00M | $90.90M | $84.70M |
| Prepaid Expenses | |||
| Receivables | $97.40M | $85.40M | $92.30M |
| Other Receivables | $1.000M | $600.0K | $800.0K |
| Total Short-Term Assets | $247.4M | $289.8M | $267.5M |
| YoY Change | -10.49% | 22.74% | 14.95% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $50.10M | $44.20M | $47.40M |
| YoY Change | 18.44% | -5.76% | -2.47% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $5.100M | $4.100M | $3.800M |
| YoY Change | 18.6% | 28.12% | 46.15% |
| Other Assets | $1.500M | $1.400M | $1.400M |
| YoY Change | -11.76% | -17.65% | -17.65% |
| Total Long-Term Assets | $166.3M | $131.9M | $135.4M |
| YoY Change | 28.22% | -5.52% | -4.04% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $247.4M | $289.8M | $267.5M |
| Total Long-Term Assets | $166.3M | $131.9M | $135.4M |
| Total Assets | $413.7M | $421.7M | $402.9M |
| YoY Change | 1.87% | 12.24% | 7.78% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $46.60M | $59.30M | $58.20M |
| YoY Change | -7.72% | 10.02% | 4.11% |
| Accrued Expenses | $22.90M | $47.80M | $43.60M |
| YoY Change | -32.45% | 95.9% | 108.61% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $0.00 | $400.0K | $700.0K |
| YoY Change | -83.33% | -70.83% | |
| Total Short-Term Liabilities | $75.50M | $116.2M | $107.6M |
| YoY Change | -17.93% | 30.56% | 24.97% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | -100.0% | -100.0% | |
| Other Long-Term Liabilities | $10.00M | $13.10M | $13.00M |
| YoY Change | -30.56% | 32.32% | 11.11% |
| Total Long-Term Liabilities | $10.00M | $13.10M | $13.00M |
| YoY Change | -30.56% | 27.18% | 4.0% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $75.50M | $116.2M | $107.6M |
| Total Long-Term Liabilities | $10.00M | $13.10M | $13.00M |
| Total Liabilities | $97.30M | $140.3M | $131.9M |
| YoY Change | -17.89% | 27.66% | 19.04% |
| 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 | $316.4M | $281.4M | $271.0M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $413.7M | $421.7M | $402.9M |
| YoY Change | 1.87% | 12.24% | 7.78% |
Cashflow Statement
| Concept | 2013 | 2012 Q3 | 2012 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $29.30M | $8.225M | -$2.071M |
| YoY Change | 80.86% | -15.21% | -132.36% |
| Depreciation, Depletion And Amortization | $10.00M | $3.470M | $3.090M |
| YoY Change | -22.9% | 20.91% | 3.0% |
| Cash From Operating Activities | $14.16M | $22.19M | $4.890M |
| YoY Change | -47.83% | 8.77% | -170.26% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$9.670M | -$1.530M | -$2.340M |
| YoY Change | 35.06% | 13.33% | -37.77% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$37.50M | $2.040M | $8.560M |
| YoY Change | -454.78% | -666.67% | -2545.71% |
| Cash From Investing Activities | -$47.17M | $500.0K | $6.220M |
| YoY Change | -1483.28% | -129.24% | -251.71% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -1.720M | -450.0K | -1.040M |
| YoY Change | -54.13% | -91.7% | -52.51% |
| NET CHANGE | |||
| Cash From Operating Activities | 14.16M | 22.19M | 4.890M |
| Cash From Investing Activities | -47.17M | 500.0K | 6.220M |
| Cash From Financing Activities | -1.720M | -450.0K | -1.040M |
| Net Change In Cash | -34.73M | 22.24M | 10.07M |
| YoY Change | -229.59% | 67.6% | -176.0% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $14.16M | $22.19M | $4.890M |
| Capital Expenditures | -$9.670M | -$1.530M | -$2.340M |
| Free Cash Flow | $23.83M | $23.72M | $7.230M |
| YoY Change | -30.52% | 9.06% | -325.94% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2013 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10175000 | |
| CY2012Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
163180000 | |
| CY2012Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
170346000 |
