2018 Q2 Form 10-Q Financial Statement

#000138627818000043 Filed on August 09, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $263.8M $222.5M
YoY Change 18.53% 28.28%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $231.2M $202.4M
YoY Change 14.23% 26.03%
% of Gross Profit
Research & Development $46.36M $44.75M
YoY Change 3.6% 68.6%
% of Gross Profit
Depreciation & Amortization $17.50M $16.50M
YoY Change 6.06% 3.77%
% of Gross Profit
Operating Expenses $231.2M $202.4M
YoY Change 14.24% 25.99%
Operating Profit $32.62M $20.19M
YoY Change 61.58% 56.9%
Interest Expense -$1.300M $800.0K
YoY Change -262.5% 700.0%
% of Operating Profit -3.98% 3.96%
Other Income/Expense, Net
YoY Change
Pretax Income $31.34M $20.98M
YoY Change 49.39% 61.47%
Income Tax $1.517M $1.715M
% Of Pretax Income 4.84% 8.17%
Net Earnings $29.83M $19.27M
YoY Change 54.82% 140.04%
Net Earnings / Revenue 11.31% 8.66%
Basic Earnings Per Share
Diluted Earnings Per Share $547.8K $367.6K
COMMON SHARES
Basic Shares Outstanding 52.11M shares 50.01M shares
Diluted Shares Outstanding 54.39M shares 52.45M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.133B $625.6M
YoY Change 81.09% 1.07%
Cash & Equivalents $1.118B $594.5M
Short-Term Investments $15.00M $31.10M
Other Short-Term Assets $251.0M $213.5M
YoY Change 17.56% 32.69%
Inventory
Prepaid Expenses
Receivables $24.84M $15.84M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.409B $854.9M
YoY Change 64.78% 5.76%
LONG-TERM ASSETS
Property, Plant & Equipment $104.7M $88.03M
YoY Change 18.96% 9.93%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $176.0M $172.6M
YoY Change 1.97% 8.96%
Other Assets $23.90M $21.70M
YoY Change 10.14% 61.94%
Total Long-Term Assets $892.2M $889.9M
YoY Change 0.26% 23.55%
TOTAL ASSETS
Total Short-Term Assets $1.409B $854.9M
Total Long-Term Assets $892.2M $889.9M
Total Assets $2.301B $1.745B
YoY Change 31.87% 14.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $39.69M $27.46M
YoY Change 44.54% 74.69%
Accrued Expenses $108.6M $94.70M
YoY Change 14.68% -7.43%
Deferred Revenue
YoY Change
Short-Term Debt $1.070B $705.5M
YoY Change 51.65% 26.07%
Long-Term Debt Due $20.90M $21.00M
YoY Change -0.48% 0.0%
Total Short-Term Liabilities $1.347B $923.2M
YoY Change 45.91% 22.77%
LONG-TERM LIABILITIES
Long-Term Debt $48.30M $69.10M
YoY Change -30.1% -23.39%
Other Long-Term Liabilities $21.10M $30.51M
YoY Change -30.84% 47.12%
Total Long-Term Liabilities $21.10M $30.51M
YoY Change -30.84% 47.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.347B $923.2M
Total Long-Term Liabilities $21.10M $30.51M
Total Liabilities $1.424B $1.027B
YoY Change 38.73% 18.74%
SHAREHOLDERS EQUITY
Retained Earnings $510.3M $383.9M
YoY Change 32.91% 18.13%
Common Stock $52.00K $50.00K
YoY Change 4.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $876.7M $718.2M
YoY Change
Total Liabilities & Shareholders Equity $2.301B $1.745B
YoY Change 31.87% 14.14%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $29.83M $19.27M
YoY Change 54.82% 140.04%
Depreciation, Depletion And Amortization $17.50M $16.50M
YoY Change 6.06% 3.77%
Cash From Operating Activities $78.80M $48.80M
YoY Change 61.48% 151.55%
INVESTING ACTIVITIES
Capital Expenditures -$14.00M -$9.100M
YoY Change 53.85% -22.88%
Acquisitions
YoY Change
Other Investing Activities -$45.90M -$53.40M
YoY Change -14.04% 256.0%
Cash From Investing Activities -$59.90M -$62.50M
YoY Change -4.16% 133.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -255.0M -177.7M
YoY Change 43.5% 9.49%
NET CHANGE
Cash From Operating Activities 78.80M 48.80M
Cash From Investing Activities -59.90M -62.50M
Cash From Financing Activities -255.0M -177.7M
Net Change In Cash -236.1M -191.4M
YoY Change 23.35% 12.79%
FREE CASH FLOW
Cash From Operating Activities $78.80M $48.80M
Capital Expenditures -$14.00M -$9.100M
Free Cash Flow $92.80M $57.90M
YoY Change 60.28% 85.58%

Facts In Submission

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us-gaap Weighted Average Number Of Shares Outstanding Basic
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51774000 shares

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