2024 Q3 Form 10-Q Financial Statement

#000031314324000054 Filed on August 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $345.5M $336.2M
YoY Change 10.98% 10.43%
Cost Of Revenue $158.1M $161.2M
YoY Change 9.72% 15.04%
Gross Profit $187.4M $174.9M
YoY Change 12.06% 6.5%
Gross Profit Margin 54.25% 52.03%
Selling, General & Admin $106.9M $108.2M
YoY Change 14.4% 13.74%
% of Gross Profit 57.06% 61.88%
Research & Development $16.53M $14.45M
YoY Change 30.69% 3.47%
% of Gross Profit 8.82% 8.26%
Depreciation & Amortization $15.00M $14.60M
YoY Change 12.78% -38.79%
% of Gross Profit 8.0% 8.35%
Operating Expenses $135.7M $135.2M
YoY Change 19.48% 15.42%
Operating Profit $51.70M $39.76M
YoY Change -3.66% -15.66%
Interest Expense -$6.993M $6.957M
YoY Change 237.99% -364.63%
% of Operating Profit -13.53% 17.5%
Other Income/Expense, Net -$6.993M $6.957M
YoY Change 237.99%
Pretax Income $44.70M $46.71M
YoY Change -13.35% 43.18%
Income Tax $10.90M $8.300M
% Of Pretax Income 24.38% 17.77%
Net Earnings $33.83M $38.37M
YoY Change -17.57% 30.6%
Net Earnings / Revenue 9.79% 11.41%
Basic Earnings Per Share $0.66 $0.75
Diluted Earnings Per Share $0.66 $0.74
COMMON SHARES
Basic Shares Outstanding 51.18M shares 50.84M shares
Diluted Shares Outstanding 51.24M shares 51.56M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $299.3M $344.4M
YoY Change 4.75% 21.08%
Cash & Equivalents $299.3M $344.4M
Short-Term Investments
Other Short-Term Assets $60.98M $58.88M
YoY Change 23.03% 25.98%
Inventory $382.1M $373.8M
Prepaid Expenses
Receivables $213.5M $201.5M
Other Receivables $0.00 $0.00
Total Short-Term Assets $955.9M $978.6M
YoY Change 19.25% 27.13%
LONG-TERM ASSETS
Property, Plant & Equipment $300.5M $302.5M
YoY Change -1.31% -2.7%
Goodwill $616.2M $613.3M
YoY Change 32.25% 31.55%
Intangibles $487.8M $494.9M
YoY Change 81.93% 79.47%
Long-Term Investments
YoY Change
Other Assets $155.8M $142.3M
YoY Change 32.84% 32.99%
Total Long-Term Assets $1.569B $1.562B
YoY Change 35.21% 34.1%
TOTAL ASSETS
Total Short-Term Assets $955.9M $978.6M
Total Long-Term Assets $1.569B $1.562B
Total Assets $2.525B $2.541B
YoY Change 28.69% 31.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $69.24M $76.93M
YoY Change -11.38% 20.34%
Accrued Expenses $49.30M $40.77M
YoY Change 49.53% -36.77%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $5.434M $5.109M
YoY Change -59.96% -56.64%
Total Short-Term Liabilities $273.9M $260.1M
YoY Change 15.62% 3.28%
LONG-TERM LIABILITIES
Long-Term Debt $1.220B $1.218B
YoY Change 62.3% 61.58%
Other Long-Term Liabilities $90.01M $92.26M
YoY Change 25.05% 23.49%
Total Long-Term Liabilities $1.310B $1.311B
YoY Change 59.05% 58.15%
TOTAL LIABILITIES
Total Short-Term Liabilities $273.9M $260.1M
Total Long-Term Liabilities $1.310B $1.311B
Total Liabilities $1.583B $1.571B
YoY Change 49.34% 45.36%
SHAREHOLDERS EQUITY
Retained Earnings $368.5M $386.6M
YoY Change 29.76% 52.72%
Common Stock $544.9M $561.4M
YoY Change -10.69% -5.68%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $878.9M $905.4M
YoY Change
Total Liabilities & Shareholders Equity $2.525B $2.541B
YoY Change 28.69% 31.33%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $33.83M $38.37M
YoY Change -17.57% 30.6%
Depreciation, Depletion And Amortization $15.00M $14.60M
YoY Change 12.78% -38.79%
Cash From Operating Activities $48.82M -$27.42M
YoY Change 155.81% -134.44%
INVESTING ACTIVITIES
Capital Expenditures $11.98M $5.656M
YoY Change 23.94% -52.55%
Acquisitions $149.2M
YoY Change
Other Investing Activities -$11.39M -$129.3M
YoY Change 103.48% 2024.69%
Cash From Investing Activities -$23.37M -$139.2M
YoY Change 53.12% 673.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $1.563M
YoY Change
Cash From Financing Activities -74.80M $333.7M
YoY Change 12409.03% -20916.72%
NET CHANGE
Cash From Operating Activities 48.82M -$27.42M
Cash From Investing Activities -23.37M -$139.2M
Cash From Financing Activities -74.80M $333.7M
Net Change In Cash -49.35M $165.6M
YoY Change -4038.39% 176.04%
FREE CASH FLOW
Cash From Operating Activities $48.82M -$27.42M
Capital Expenditures $11.98M $5.656M
Free Cash Flow $36.85M -$33.08M
YoY Change 291.03% -148.86%

Facts In Submission

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