2010 Q4 Form 10-Q Financial Statement

#000095012310094636 Filed on October 20, 2010

View on sec.gov

Income Statement

Concept 2010 Q4 2010 Q3 2009 Q3
Revenue $197.3M $190.0M $147.3M
YoY Change 34.86% 28.96% -28.91%
Cost Of Revenue $89.60M $85.41M $69.17M
YoY Change 29.86% 23.48% -28.77%
Gross Profit $107.7M $104.6M $78.14M
YoY Change 39.33% 33.81% -29.09%
Gross Profit Margin 54.59% 55.04% 53.05%
Selling, General & Admin $60.40M $51.87M $43.20M
YoY Change 35.12% 20.07% -10.0%
% of Gross Profit 56.08% 49.61% 55.29%
Research & Development $9.500M $9.263M $8.752M
YoY Change 5.56% 5.84% -8.83%
% of Gross Profit 8.82% 8.86% 11.2%
Depreciation & Amortization $8.500M $8.200M $9.200M
YoY Change -4.49% -10.87% 21.05%
% of Gross Profit 7.89% 7.84% 11.77%
Operating Expenses $69.90M $61.14M $51.95M
YoY Change 30.41% 17.67% -9.8%
Operating Profit $37.80M $43.42M $26.19M
YoY Change 59.49% 65.82% -50.21%
Interest Expense -$1.000M $1.038M $1.148M
YoY Change -9.09% -9.58% -160.42%
% of Operating Profit -2.65% 2.39% 4.38%
Other Income/Expense, Net -$300.0K -$254.0K -$203.0K
YoY Change 200.0% 25.12% -66.17%
Pretax Income $36.50M $42.13M $24.84M
YoY Change 62.22% 69.64% -50.33%
Income Tax $9.500M $11.70M $7.500M
% Of Pretax Income 26.03% 27.77% 30.2%
Net Earnings $27.00M $30.40M $17.30M
YoY Change 56.98% 75.72% -47.26%
Net Earnings / Revenue 13.68% 16.0% 11.74%
Basic Earnings Per Share $0.51 $0.29
Diluted Earnings Per Share $148.3K $0.50 $0.29
COMMON SHARES
Basic Shares Outstanding 59.88M shares 60.25M shares
Diluted Shares Outstanding 60.62M shares

Balance Sheet

Concept 2010 Q4 2010 Q3 2009 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $9.600M $9.700M $5.100M
YoY Change 77.78% 90.2% -3.77%
Cash & Equivalents $9.591M $9.666M $5.064M
Short-Term Investments
Other Short-Term Assets $7.957M $2.636M $24.50M
YoY Change 113.96% -89.24% -21.47%
Inventory $91.62M $85.34M $60.60M
Prepaid Expenses
Receivables $124.6M $135.6M $106.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $252.4M $253.7M $197.0M
YoY Change 33.55% 28.77% -29.29%
LONG-TERM ASSETS
Property, Plant & Equipment $134.2M $132.3M $142.6M
YoY Change -3.5% -7.21% -2.93%
Goodwill $91.74M $91.74M
YoY Change 0.0%
Intangibles $28.34M $31.27M
YoY Change -29.45%
Long-Term Investments
YoY Change
Other Assets $9.107M $8.516M $22.60M
YoY Change 12.35% -62.32% -45.01%
Total Long-Term Assets $278.1M $273.5M $300.1M
YoY Change -3.26% -8.87% -8.73%
TOTAL ASSETS
Total Short-Term Assets $252.4M $253.7M $197.0M
Total Long-Term Assets $278.1M $273.5M $300.1M
Total Assets $530.5M $527.1M $497.1M
YoY Change 11.34% 6.04% -18.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $19.67M $24.87M $16.70M
YoY Change 9.38% 48.92% -32.11%
Accrued Expenses $54.40M $47.90M $32.60M
YoY Change 66.87% 46.93% -20.1%
Deferred Revenue
YoY Change
Short-Term Debt $8.200M $11.10M $13.90M
YoY Change -31.67% -20.14% -15.76%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $119.8M $123.3M $105.5M
YoY Change 15.35% 16.88% -11.79%
LONG-TERM LIABILITIES
Long-Term Debt $70.26M $90.00M $107.4M
YoY Change -18.55% -16.2% -44.03%
Other Long-Term Liabilities $76.40M $66.00M $99.90M
YoY Change -0.39% -33.93% 136.73%
Total Long-Term Liabilities $70.26M $90.00M $207.3M
YoY Change -18.55% -56.58% -11.45%
TOTAL LIABILITIES
Total Short-Term Liabilities $119.8M $123.3M $105.5M
Total Long-Term Liabilities $70.26M $90.00M $207.3M
Total Liabilities $190.0M $213.3M $312.7M
YoY Change -0.03% -31.78% -16.14%
SHAREHOLDERS EQUITY
Retained Earnings $44.44M $30.04M
YoY Change 299.57%
Common Stock $272.1M $265.2M
YoY Change 8.74%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $264.1M $247.9M $184.4M
YoY Change
Total Liabilities & Shareholders Equity $530.5M $527.1M $497.1M
YoY Change 11.34% 6.04% -18.16%

Cashflow Statement

Concept 2010 Q4 2010 Q3 2009 Q3
OPERATING ACTIVITIES
Net Income $27.00M $30.40M $17.30M
YoY Change 56.98% 75.72% -47.26%
Depreciation, Depletion And Amortization $8.500M $8.200M $9.200M
YoY Change -4.49% -10.87% 21.05%
Cash From Operating Activities $38.70M $34.40M $40.70M
YoY Change 6.61% -15.48% -26.93%
INVESTING ACTIVITIES
Capital Expenditures -$7.700M -$3.700M -$600.0K
YoY Change 250.0% 516.67% -92.68%
Acquisitions
YoY Change
Other Investing Activities $100.0K $100.0K $100.0K
YoY Change -50.0% 0.0% -102.27%
Cash From Investing Activities -$7.700M -$3.600M -$500.0K
YoY Change 285.0% 620.0% -96.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -30.50M -25.20M -48.20M
YoY Change -9.5% -47.72% 9.05%
NET CHANGE
Cash From Operating Activities 38.70M 34.40M 40.70M
Cash From Investing Activities -7.700M -3.600M -500.0K
Cash From Financing Activities -30.50M -25.20M -48.20M
Net Change In Cash 500.0K 5.600M -8.000M
YoY Change -16.67% -170.0% 566.67%
FREE CASH FLOW
Cash From Operating Activities $38.70M $34.40M $40.70M
Capital Expenditures -$7.700M -$3.700M -$600.0K
Free Cash Flow $46.40M $38.10M $41.30M
YoY Change 20.52% -7.75% -35.37%

Facts In Submission

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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-46316000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-105143000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-792000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1313000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
4254000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-7055000 USD
CY2008Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12119000 USD
CY2009Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5064000 USD

Files In Submission

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0000950123-10-094636-index-headers.html Edgar Link pending
0000950123-10-094636-index.html Edgar Link pending
0000950123-10-094636.txt Edgar Link pending
0000950123-10-094636-xbrl.zip Edgar Link pending
c60779c6077900.gif Edgar Link pending
c60779e10vq.htm Edgar Link pending
c60779exv10w1.htm Edgar Link pending
c60779exv31w1.htm Edgar Link pending
c60779exv31w2.htm Edgar Link pending
c60779exv32.htm Edgar Link pending
c60779exv99w1.htm Edgar Link pending
defnref.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
ggg-20100924.xml Edgar Link completed
ggg-20100924.xsd Edgar Link pending
ggg-20100924_cal.xml Edgar Link unprocessable
ggg-20100924_lab.xml Edgar Link unprocessable
ggg-20100924_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
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R3.xml Edgar Link unprocessable
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R8.xml Edgar Link unprocessable
R9.xml Edgar Link unprocessable