2010 Q3 Form 10-Q Financial Statement

#000095012310066905 Filed on July 21, 2010

View on sec.gov

Income Statement

Concept 2010 Q3 2010 Q2 2009 Q2
Revenue $190.0M $192.1M $147.7M
YoY Change 28.96% 30.04% -38.25%
Cost Of Revenue $85.41M $90.17M $74.70M
YoY Change 23.48% 20.7% -32.39%
Gross Profit $104.6M $101.9M $73.01M
YoY Change 33.81% 39.6% -43.32%
Gross Profit Margin 55.04% 53.06% 49.43%
Selling, General & Admin $51.87M $53.24M $44.78M
YoY Change 20.07% 18.89% -15.03%
% of Gross Profit 49.61% 52.24% 61.34%
Research & Development $9.263M $9.472M $9.781M
YoY Change 5.84% -3.16% 8.68%
% of Gross Profit 8.86% 9.29% 13.4%
Depreciation & Amortization $8.200M $8.700M $8.500M
YoY Change -10.87% 2.35% 2.41%
% of Gross Profit 7.84% 8.54% 11.64%
Operating Expenses $61.14M $62.71M $54.56M
YoY Change 17.67% 14.94% -11.57%
Operating Profit $43.42M $39.21M $18.45M
YoY Change 65.82% 112.56% -72.51%
Interest Expense $1.038M $1.041M $1.221M
YoY Change -9.58% -14.74% -164.26%
% of Operating Profit 2.39% 2.66% 6.62%
Other Income/Expense, Net -$254.0K $268.0K -$91.00K
YoY Change 25.12% -394.51% -9.0%
Pretax Income $42.13M $38.44M $17.13M
YoY Change 69.64% 124.33% -73.68%
Income Tax $11.70M $13.60M $5.500M
% Of Pretax Income 27.77% 35.38% 32.1%
Net Earnings $30.40M $24.80M $11.60M
YoY Change 75.72% 113.79% -72.71%
Net Earnings / Revenue 16.0% 12.91% 7.85%
Basic Earnings Per Share $0.51 $0.41 $0.19
Diluted Earnings Per Share $0.50 $0.41 $0.19
COMMON SHARES
Basic Shares Outstanding 60.25M shares 60.60M shares
Diluted Shares Outstanding 60.62M shares 61.18M shares

Balance Sheet

Concept 2010 Q3 2010 Q2 2009 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $9.700M $4.900M $13.90M
YoY Change 90.2% -64.75% 183.67%
Cash & Equivalents $9.666M $4.878M $13.91M
Short-Term Investments
Other Short-Term Assets $2.636M $3.535M $25.90M
YoY Change -89.24% -86.35% -12.79%
Inventory $85.34M $76.20M $68.50M
Prepaid Expenses
Receivables $135.6M $138.3M $112.4M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $253.7M $243.3M $220.8M
YoY Change 28.77% 10.19% -24.77%
LONG-TERM ASSETS
Property, Plant & Equipment $132.3M $133.8M $147.6M
YoY Change -7.21% -9.34% 2.86%
Goodwill $91.74M $91.74M
YoY Change
Intangibles $31.27M $34.23M
YoY Change
Long-Term Investments
YoY Change
Other Assets $8.516M $8.273M $28.00M
YoY Change -62.32% -70.45% -30.35%
Total Long-Term Assets $273.5M $279.8M $313.7M
YoY Change -8.87% -10.8% -3.18%
TOTAL ASSETS
Total Short-Term Assets $253.7M $243.3M $220.8M
Total Long-Term Assets $273.5M $279.8M $313.7M
Total Assets $527.1M $523.1M $534.5M
YoY Change 6.04% -2.13% -13.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $24.87M $33.78M $15.50M
YoY Change 48.92% 117.94% -49.35%
Accrued Expenses $47.90M $40.30M $31.00M
YoY Change 46.93% 30.0% -16.89%
Deferred Revenue
YoY Change
Short-Term Debt $11.10M $13.60M $14.70M
YoY Change -20.14% -7.48% -24.23%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $123.3M $126.4M $103.3M
YoY Change 16.88% 22.34% -16.36%
LONG-TERM LIABILITIES
Long-Term Debt $90.00M $80.00M $143.9M
YoY Change -16.2% -44.41% -23.82%
Other Long-Term Liabilities $66.00M $77.70M $113.8M
YoY Change -33.93% -31.72% 164.65%
Total Long-Term Liabilities $90.00M $80.00M $257.7M
YoY Change -56.58% -68.96% 11.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $123.3M $126.4M $103.3M
Total Long-Term Liabilities $90.00M $80.00M $257.7M
Total Liabilities $213.3M $206.4M $361.1M
YoY Change -31.78% -42.85% -3.5%
SHAREHOLDERS EQUITY
Retained Earnings $30.04M $23.89M
YoY Change
Common Stock $265.2M $264.0M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $247.9M $239.1M $173.4M
YoY Change
Total Liabilities & Shareholders Equity $527.1M $523.1M $534.5M
YoY Change 6.04% -2.13% -13.44%

Cashflow Statement

Concept 2010 Q3 2010 Q2 2009 Q2
OPERATING ACTIVITIES
Net Income $30.40M $24.80M $11.60M
YoY Change 75.72% 113.79% -72.71%
Depreciation, Depletion And Amortization $8.200M $8.700M $8.500M
YoY Change -10.87% 2.35% 2.41%
Cash From Operating Activities $34.40M $12.00M $41.80M
YoY Change -15.48% -71.29% 80.95%
INVESTING ACTIVITIES
Capital Expenditures -$3.700M -$3.100M -$3.500M
YoY Change 516.67% -11.43% -57.83%
Acquisitions
YoY Change
Other Investing Activities $100.0K -$1.500M -$1.600M
YoY Change 0.0% -6.25%
Cash From Investing Activities -$3.600M -$4.600M -$5.100M
YoY Change 620.0% -9.8% -38.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -25.20M -14.40M -36.60M
YoY Change -47.72% -60.66% 119.16%
NET CHANGE
Cash From Operating Activities 34.40M 12.00M 41.80M
Cash From Investing Activities -3.600M -4.600M -5.100M
Cash From Financing Activities -25.20M -14.40M -36.60M
Net Change In Cash 5.600M -7.000M 100.0K
YoY Change -170.0% -7100.0% -105.26%
FREE CASH FLOW
Cash From Operating Activities $34.40M $12.00M $41.80M
Capital Expenditures -$3.700M -$3.100M -$3.500M
Free Cash Flow $38.10M $15.10M $45.30M
YoY Change -7.75% -66.67% 44.27%

Facts In Submission

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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-56944000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
47000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-425000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-534000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1790000 USD
CY2008Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12119000 USD
CY2009Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13909000 USD

Files In Submission

Name View Source Status
0000950123-10-066905-index-headers.html Edgar Link pending
0000950123-10-066905-index.html Edgar Link pending
0000950123-10-066905.txt Edgar Link pending
0000950123-10-066905-xbrl.zip Edgar Link pending
c59167c5916700.gif Edgar Link pending
c59167c5916701.gif Edgar Link pending
c59167e10vq.htm Edgar Link pending
c59167exv10w1.htm Edgar Link pending
c59167exv31w1.htm Edgar Link pending
c59167exv31w2.htm Edgar Link pending
c59167exv32.htm Edgar Link pending
c59167exv99w1.htm Edgar Link pending
defnref.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
ggg-20100625.xml Edgar Link completed
ggg-20100625.xsd Edgar Link pending
ggg-20100625_cal.xml Edgar Link unprocessable
ggg-20100625_lab.xml Edgar Link unprocessable
ggg-20100625_pre.xml Edgar Link unprocessable
R1.xml Edgar Link unprocessable
R10.xml Edgar Link unprocessable
R11.xml Edgar Link unprocessable
R12.xml Edgar Link unprocessable
R13.xml Edgar Link unprocessable
R14.xml Edgar Link unprocessable
R15.xml Edgar Link unprocessable
R2.xml Edgar Link unprocessable
R3.xml Edgar Link unprocessable
R4.xml Edgar Link unprocessable
R5.xml Edgar Link unprocessable
R6.xml Edgar Link unprocessable
R7.xml Edgar Link unprocessable
R8.xml Edgar Link unprocessable
R9.xml Edgar Link unprocessable