2024 Q2 Form 10-Q Financial Statement

#000091678924000030 Filed on July 09, 2024

View on sec.gov

Income Statement

Concept 2024 Q2
Revenue $416.8M
YoY Change -12.18%
Cost Of Revenue $213.8M
YoY Change -17.48%
Gross Profit $203.1M
YoY Change -5.82%
Gross Profit Margin 48.72%
Selling, General & Admin $170.5M
YoY Change 6.37%
% of Gross Profit 83.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.84M
YoY Change 29.13%
% of Gross Profit 6.81%
Operating Expenses $170.5M
YoY Change 3.36%
Operating Profit $30.76M
YoY Change -39.32%
Interest Expense -$12.54M
YoY Change -10.74%
% of Operating Profit -40.77%
Other Income/Expense, Net $100.0K
YoY Change -27.01%
Pretax Income $18.32M
YoY Change -31.45%
Income Tax $12.12M
% Of Pretax Income 66.14%
Net Earnings $6.204M
YoY Change -72.53%
Net Earnings / Revenue 1.49%
Basic Earnings Per Share $0.26
Diluted Earnings Per Share $0.26
COMMON SHARES
Basic Shares Outstanding 23.81M shares
Diluted Shares Outstanding 23.63M shares

Balance Sheet

Concept 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $16.15M
YoY Change -58.46%
Cash & Equivalents $16.15M
Short-Term Investments
Other Short-Term Assets $30.59M
YoY Change 25.07%
Inventory $444.7M
Prepaid Expenses
Receivables $328.1M
Other Receivables $11.98M
Total Short-Term Assets $831.6M
YoY Change -2.86%
LONG-TERM ASSETS
Property, Plant & Equipment $334.4M
YoY Change -14.59%
Goodwill $1.067B
YoY Change 0.0%
Intangibles $532.4M
YoY Change -3.09%
Long-Term Investments
YoY Change
Other Assets $15.20M
YoY Change 66.81%
Total Long-Term Assets $1.989B
YoY Change -1.36%
TOTAL ASSETS
Total Short-Term Assets $831.6M
Total Long-Term Assets $1.989B
Total Assets $2.821B
YoY Change -1.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $245.2M
YoY Change 8.41%
Accrued Expenses $163.6M
YoY Change 18.45%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $7.031M
YoY Change 12.77%
Total Short-Term Liabilities $427.7M
YoY Change -2.98%
LONG-TERM LIABILITIES
Long-Term Debt $741.3M
YoY Change -10.78%
Other Long-Term Liabilities $12.15M
YoY Change -78.07%
Total Long-Term Liabilities $753.5M
YoY Change -14.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $427.7M
Total Long-Term Liabilities $753.5M
Total Liabilities $1.271B
YoY Change -6.37%
SHAREHOLDERS EQUITY
Retained Earnings $1.194B
YoY Change 0.63%
Common Stock $352.5M
YoY Change 7.82%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.550B
YoY Change
Total Liabilities & Shareholders Equity $2.821B
YoY Change -1.81%

Cashflow Statement

Concept 2024 Q2
OPERATING ACTIVITIES
Net Income $6.204M
YoY Change -72.53%
Depreciation, Depletion And Amortization $13.84M
YoY Change 29.13%
Cash From Operating Activities $25.32M
YoY Change -79.08%
INVESTING ACTIVITIES
Capital Expenditures $9.142M
YoY Change -23.03%
Acquisitions
YoY Change
Other Investing Activities -$19.00K
YoY Change -107.72%
Cash From Investing Activities -$9.161M
YoY Change -21.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $1.563M
YoY Change 0.0%
Cash From Financing Activities -$18.51M
YoY Change -81.42%
NET CHANGE
Cash From Operating Activities $25.32M
Cash From Investing Activities -$9.161M
Cash From Financing Activities -$18.51M
Net Change In Cash -$2.353M
YoY Change -124.02%
FREE CASH FLOW
Cash From Operating Activities $25.32M
Capital Expenditures $9.142M
Free Cash Flow $16.18M
YoY Change -85.18%

Facts In Submission

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