2013 Form 10-K Financial Statement
#000078896514000008 Filed on March 07, 2014
Income Statement
| Concept | 2013 | 2012 |
|---|---|---|
| Revenue | $153.9M | $141.3M |
| YoY Change | 8.92% | -10.23% |
| Cost Of Revenue | $96.50M | $82.20M |
| YoY Change | 17.4% | 5.12% |
| Gross Profit | $57.40M | $59.10M |
| YoY Change | -2.88% | -25.38% |
| Gross Profit Margin | 37.3% | 41.83% |
| Selling, General & Admin | $7.700M | $7.500M |
| YoY Change | 2.67% | 7.14% |
| % of Gross Profit | 13.41% | 12.69% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $18.59M | $16.03M |
| YoY Change | 15.97% | 13.69% |
| % of Gross Profit | 32.39% | 27.12% |
| Operating Expenses | $26.20M | $23.60M |
| YoY Change | 11.02% | 11.85% |
| Operating Profit | $31.20M | $35.50M |
| YoY Change | -12.11% | -38.9% |
| Interest Expense | $1.547M | -$1.100M |
| YoY Change | -240.64% | -15.38% |
| % of Operating Profit | 4.96% | -3.1% |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $29.60M | $34.50M |
| YoY Change | -14.2% | -39.15% |
| Income Tax | $7.200M | $10.70M |
| % Of Pretax Income | 24.32% | 31.01% |
| Net Earnings | $23.15M | $23.81M |
| YoY Change | -2.74% | -33.5% |
| Net Earnings / Revenue | 15.04% | 16.85% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | $775.1K | $826.4K |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2013 | 2012 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $16.20M | $21.90M |
| YoY Change | -26.03% | -41.6% |
| Cash & Equivalents | $16.20M | $21.90M |
| Short-Term Investments | ||
| Other Short-Term Assets | $5.000M | $200.0K |
| YoY Change | 2400.0% | -66.67% |
| Inventory | $7.600M | $4.600M |
| Prepaid Expenses | ||
| Receivables | $10.60M | $8.100M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $39.40M | $34.90M |
| YoY Change | 12.89% | -28.63% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $182.3M | $166.8M |
| YoY Change | 9.29% | 3.09% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $21.30M | $16.20M |
| YoY Change | 31.48% | 5.19% |
| Other Assets | $17.40M | $11.30M |
| YoY Change | 53.98% | 79.37% |
| Total Long-Term Assets | $221.0M | $194.3M |
| YoY Change | 13.74% | 5.89% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $39.40M | $34.90M |
| Total Long-Term Assets | $221.0M | $194.3M |
| Total Assets | $260.4M | $229.2M |
| YoY Change | 13.61% | -1.38% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $10.40M | $9.400M |
| YoY Change | 10.64% | -9.62% |
| Accrued Expenses | $0.00 | |
| YoY Change | -100.0% | |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $0.00 | |
| YoY Change | -100.0% | |
| Total Short-Term Liabilities | $10.40M | $11.00M |
| YoY Change | -5.45% | -66.77% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $16.00M | $11.40M |
| YoY Change | 40.35% | |
| Other Long-Term Liabilities | $7.400M | $8.900M |
| YoY Change | -16.85% | 23.61% |
| Total Long-Term Liabilities | $23.40M | $20.30M |
| YoY Change | 15.27% | 181.94% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $10.40M | $11.00M |
| Total Long-Term Liabilities | $23.40M | $20.30M |
| Total Liabilities | $77.10M | $67.20M |
| YoY Change | 14.73% | -5.88% |
| 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 | $183.3M | $162.0M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $260.4M | $229.2M |
| YoY Change | 13.61% | -1.38% |
Cashflow Statement
| Concept | 2013 | 2012 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $23.15M | $23.81M |
| YoY Change | -2.74% | -33.5% |
| Depreciation, Depletion And Amortization | $18.59M | $16.03M |
| YoY Change | 15.97% | 13.69% |
| Cash From Operating Activities | $27.18M | $37.04M |
| YoY Change | -26.62% | -39.0% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$34.23M | -$26.21M |
| YoY Change | 30.6% | -24.49% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $260.0K | $5.860M |
| YoY Change | -95.56% | -56.62% |
| Cash From Investing Activities | -$33.97M | -$20.35M |
| YoY Change | 66.93% | -3.96% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 1.120M | -32.34M |
| YoY Change | -103.46% | 163.78% |
| NET CHANGE | ||
| Cash From Operating Activities | 27.18M | 37.04M |
| Cash From Investing Activities | -33.97M | -20.35M |
| Cash From Financing Activities | 1.120M | -32.34M |
| Net Change In Cash | -5.670M | -15.65M |
| YoY Change | -63.77% | -157.39% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $27.18M | $37.04M |
| Capital Expenditures | -$34.23M | -$26.21M |
| Free Cash Flow | $61.41M | $63.25M |
| YoY Change | -2.91% | -33.72% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2013Q2 | us-gaap |
Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
|
4300000 | USD |
| CY2013 | us-gaap |
Net Income Loss
NetIncomeLoss
|
23154000 | USD |
| CY2012 | us-gaap |
Net Income Loss
NetIncomeLoss
|
23807000 | USD |
| CY2013Q4 | us-gaap |
Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
|
3889000 | USD |
| CY2013 | us-gaap |
Cost Of Reimbursable Expense
CostOfReimbursableExpense
|
-3672000 | USD |
| CY2012 | us-gaap |
Cost Of Reimbursable Expense
CostOfReimbursableExpense
|
-4236000 | USD |
| CY2012Q4 | us-gaap |
Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
|
3548000 | USD |
