2018 Q3 Form 10-Q Financial Statement

#000141739818000032 Filed on August 01, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2018 Q2 2017 Q2
Revenue $474.7M $446.0M $395.9M
YoY Change 7.18% 12.65% 6.71%
Cost Of Revenue $309.9M $282.5M $243.5M
YoY Change 11.12% 16.02% 7.03%
Gross Profit $163.8M $163.5M $152.4M
YoY Change -0.3% 7.28% 6.2%
Gross Profit Margin 34.51% 36.66% 38.49%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.50M $14.20M $13.50M
YoY Change 0.0% 5.19% -5.59%
% of Gross Profit 8.85% 8.69% 8.86%
Operating Expenses $99.30M $98.30M $86.30M
YoY Change 4.09% 13.9% -1.03%
Operating Profit $64.50M $65.20M $66.10M
YoY Change -6.39% -1.36% 17.41%
Interest Expense -$5.700M $5.500M $6.500M
YoY Change -18.57% -15.38% -1.52%
% of Operating Profit -8.84% 8.44% 9.83%
Other Income/Expense, Net $2.000M -$700.0K -$1.100M
YoY Change -500.0% -36.36% 266.67%
Pretax Income $60.00M $51.40M $51.20M
YoY Change 0.67% 0.39% 21.33%
Income Tax $16.20M $15.20M $16.60M
% Of Pretax Income 27.0% 29.57% 32.42%
Net Earnings $44.50M $35.90M $34.60M
YoY Change 16.49% 3.76% 10.54%
Net Earnings / Revenue 9.37% 8.05% 8.74%
Basic Earnings Per Share $0.71 $0.57 $0.52
Diluted Earnings Per Share $0.70 $0.56 $0.52
COMMON SHARES
Basic Shares Outstanding 62.31M shares 62.80M shares 63.40M shares
Diluted Shares Outstanding 63.50M shares 63.90M shares

Balance Sheet

Concept 2018 Q3 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $56.00M $70.60M $71.50M
YoY Change -15.15% -1.26% 50.21%
Cash & Equivalents $56.00M $71.10M $71.50M
Short-Term Investments
Other Short-Term Assets $18.10M $16.90M $19.40M
YoY Change 9.7% -12.89% 8.99%
Inventory $172.5M $181.7M $159.3M
Prepaid Expenses $25.20M $29.60M $26.80M
Receivables $338.8M $370.2M $332.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $610.6M $669.5M $609.5M
YoY Change 2.86% 9.84% 8.3%
LONG-TERM ASSETS
Property, Plant & Equipment $142.0M $141.8M $147.6M
YoY Change -5.59% -3.93% -4.4%
Goodwill $472.5M $583.2M $639.1M
YoY Change -27.03% -8.75% 0.52%
Intangibles $487.3M $496.1M $524.3M
YoY Change -6.99% -5.38% -4.39%
Long-Term Investments
YoY Change
Other Assets $42.80M $43.00M $33.60M
YoY Change 4.14% 27.98% -12.27%
Total Long-Term Assets $1.254B $1.264B $1.345B
YoY Change -7.99% -5.99% -2.35%
TOTAL ASSETS
Total Short-Term Assets $610.6M $669.5M $609.5M
Total Long-Term Assets $1.254B $1.264B $1.345B
Total Assets $1.865B $1.934B $1.954B
YoY Change -4.7% -1.05% 0.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $196.8M $173.1M $141.7M
YoY Change 24.56% 22.16% 25.73%
Accrued Expenses $197.8M $243.3M $161.1M
YoY Change -0.7% 51.02% 28.37%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $16.90M
YoY Change -100.0% -100.0% 36.29%
Total Short-Term Liabilities $531.7M $549.5M $437.7M
YoY Change 3.91% 25.54% 9.12%
LONG-TERM LIABILITIES
Long-Term Debt $344.6M $424.4M $578.4M
YoY Change -22.89% -26.63% -7.4%
Other Long-Term Liabilities $47.30M $58.50M $28.10M
YoY Change 77.15% 108.19% -6.95%
Total Long-Term Liabilities $391.9M $482.9M $606.5M
YoY Change -17.25% -20.38% -7.38%
TOTAL LIABILITIES
Total Short-Term Liabilities $531.7M $549.5M $437.7M
Total Long-Term Liabilities $391.9M $482.9M $606.5M
Total Liabilities $1.121B $1.222B $1.243B
YoY Change -5.89% -1.7% -4.64%
SHAREHOLDERS EQUITY
Retained Earnings $531.0M $499.7M $481.9M
YoY Change 4.71% 3.69% 17.54%
Common Stock $351.4M $348.5M $348.0M
YoY Change 0.43% 0.14% -0.68%
Preferred Stock
YoY Change
Treasury Stock (at cost) $67.10M $68.20M $27.20M
YoY Change 175.0% 150.74% 30.77%
Treasury Stock Shares 700.0K shares 1.600M shares 800.0K shares
Shareholders Equity $731.1M $696.3M $696.1M
YoY Change
Total Liabilities & Shareholders Equity $1.865B $1.934B $1.954B
YoY Change -4.7% -1.05% 0.74%

Cashflow Statement

Concept 2018 Q3 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $44.50M $35.90M $34.60M
YoY Change 16.49% 3.76% 10.54%
Depreciation, Depletion And Amortization $14.50M $14.20M $13.50M
YoY Change 0.0% 5.19% -5.59%
Cash From Operating Activities $92.00M $94.80M $83.90M
YoY Change -35.44% 12.99% -18.15%
INVESTING ACTIVITIES
Capital Expenditures -$10.70M -$5.700M -$5.100M
YoY Change 37.18% 11.76% -21.54%
Acquisitions
YoY Change
Other Investing Activities $3.300M $300.0K -$200.0K
YoY Change -50.0% -250.0% -200.0%
Cash From Investing Activities -$7.400M -$5.400M -$5.300M
YoY Change 516.67% 1.89% -15.87%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -98.00M -84.10M -59.70M
YoY Change -31.28% 40.87% -34.18%
NET CHANGE
Cash From Operating Activities 92.00M 94.80M 83.90M
Cash From Investing Activities -7.400M -5.400M -5.300M
Cash From Financing Activities -98.00M -84.10M -59.70M
Net Change In Cash -13.40M 5.300M 18.90M
YoY Change 930.77% -71.96% 243.64%
FREE CASH FLOW
Cash From Operating Activities $92.00M $94.80M $83.90M
Capital Expenditures -$10.70M -$5.700M -$5.100M
Free Cash Flow $102.7M $100.5M $89.00M
YoY Change -31.67% 12.92% -18.35%

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62800000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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63200000 shares

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