2017 Q3 Form 10-Q Financial Statement
#000156459017022844 Filed on November 08, 2017
Income Statement
| Concept | 2017 Q3 |
|---|---|
| Revenue | $65.95M |
| YoY Change | -1.29% |
| Cost Of Revenue | $47.76M |
| YoY Change | -5.95% |
| Gross Profit | $23.71M |
| YoY Change | 47.91% |
| Gross Profit Margin | 35.95% |
| Selling, General & Admin | $15.10M |
| YoY Change | -6.76% |
| % of Gross Profit | 63.69% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $1.150M |
| YoY Change | 29.21% |
| % of Gross Profit | 4.85% |
| Operating Expenses | $15.10M |
| YoY Change | -6.76% |
| Operating Profit | $7.279M |
| YoY Change | -19.19% |
| Interest Expense | $184.0K |
| YoY Change | 67.27% |
| % of Operating Profit | 2.53% |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | $7.690M |
| YoY Change | -9.83% |
| Income Tax | $2.401M |
| % Of Pretax Income | 31.22% |
| Net Earnings | $5.289M |
| YoY Change | -3.63% |
| Net Earnings / Revenue | 8.02% |
| Basic Earnings Per Share | $0.18 |
| Diluted Earnings Per Share | $0.17 |
| COMMON SHARES | |
| Basic Shares Outstanding | 28.76M |
| Diluted Shares Outstanding | 31.96M |
Balance Sheet
| Concept | 2017 Q3 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $16.20M |
| YoY Change | 3.85% |
| Cash & Equivalents | $16.20M |
| Short-Term Investments | |
| Other Short-Term Assets | $2.900M |
| YoY Change | 26.09% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | $55.60M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $74.70M |
| YoY Change | 14.22% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $17.90M |
| YoY Change | 26.95% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $4.700M |
| YoY Change | 34.29% |
| Total Long-Term Assets | $107.5M |
| YoY Change | 18.26% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $74.70M |
| Total Long-Term Assets | $107.5M |
| Total Assets | $182.2M |
| YoY Change | 16.57% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $8.600M |
| YoY Change | 36.51% |
| Accrued Expenses | $24.00M |
| YoY Change | -14.29% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $44.60M |
| YoY Change | -4.5% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $22.00M |
| YoY Change | 2.33% |
| Other Long-Term Liabilities | $6.900M |
| YoY Change | |
| Total Long-Term Liabilities | $28.90M |
| YoY Change | 34.42% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $44.60M |
| Total Long-Term Liabilities | $28.90M |
| Total Liabilities | $84.10M |
| YoY Change | 5.65% |
| 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 | $98.10M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $182.2M |
| YoY Change | 16.57% |
Cashflow Statement
| Concept | 2017 Q3 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $5.289M |
| YoY Change | -3.63% |
| Depreciation, Depletion And Amortization | $1.150M |
| YoY Change | 29.21% |
| Cash From Operating Activities | $9.960M |
| YoY Change | 37.57% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$1.970M |
| YoY Change | 155.84% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $0.00 |
| YoY Change | |
| Cash From Investing Activities | -$1.980M |
| YoY Change | 157.14% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -6.190M |
| YoY Change | 76.86% |
| NET CHANGE | |
| Cash From Operating Activities | 9.960M |
| Cash From Investing Activities | -1.980M |
| Cash From Financing Activities | -6.190M |
| Net Change In Cash | 1.790M |
| YoY Change | -39.73% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $9.960M |
| Capital Expenditures | -$1.970M |
| Free Cash Flow | $11.93M |
| YoY Change | 48.94% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2017Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
31957665 | |
| CY2017Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.17 | |
| CY2017Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
63588000 | |
| CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
7874000 | |
| CY2017Q3 | us-gaap |
Interest Expense
InterestExpense
|
184000 | |
| CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
7690000 | |
| CY2017Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2401000 | |
| CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
5289000 | |
| CY2017Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.18 | |
| CY2017Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
28764661 | |
| CY2017Q3 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
11959000 | |
| CY2017Q3 | us-gaap |
Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
|
2647000 | |
| CY2017Q3 | hckt |
Accrued Share Based Compensation
AccruedShareBasedCompensation
|
2507000 | |
| CY2017Q3 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
2953000 | |
| CY2017Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
2525000 | |
| CY2017Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
1300000 | |
| CY2017Q3 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
0 | |
| us-gaap |
Restructuring Charges
RestructuringCharges
|
1293000 | ||
| us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
1293000 | ||
| CY2012 | hckt |
Percentage Of Equity Incentive Compensation Awards Given Up
PercentageOfEquityIncentiveCompensationAwardsGivenUp
|
0.50 | |
| CY2017Q3 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
3100000 | |
| CY2017Q3 | hckt |
Stock Repurchase Program Additional Authorized Amount
StockRepurchaseProgramAdditionalAuthorizedAmount
|
5000000 | |
| CY2017Q3 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
137200000 | |
| us-gaap |
Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
|
288000 | ||
| us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
3900000 | ||
| CY2016Q2 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
1500000 | |
| CY2016Q2 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
14.77 | |
| CY2016Q2 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
3100000 | |
| CY2016Q2 | hckt |
Weighted Average Shares Outstanding Increase Decrease
WeightedAverageSharesOutstandingIncreaseDecrease
|
0.11 | |
| CY2016Q2 | hckt |
Weighted Average Shares Outstanding Accretive
WeightedAverageSharesOutstandingAccretive
|
0.03 | |
| CY2016Q4 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.26 | |
| CY2016Q4 | us-gaap |
Dividends Cash
DividendsCash
|
4000000 | |
| CY2017Q3 | us-gaap |
Dividends Cash
DividendsCash
|
4600000 | |
| CY2017Q1 | us-gaap |
Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
|
0.30 | |
| CY2017Q3 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
107499000 | |
| CY2016Q4 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
90486000 | |
| CY2017Q3 | hckt |
Goodwill Included In Foreign Asset
GoodwillIncludedInForeignAsset
|
15000000 | |
| CY2016Q4 | hckt |
Goodwill Included In Foreign Asset
GoodwillIncludedInForeignAsset
|
11900000 |
