2014 Q3 Form 10-K Financial Statement
#000114420416087556 Filed on March 11, 2016
Income Statement
| Concept | 2014 Q3 | 2013 |
|---|---|---|
| Revenue | $66.30M | $153.9M |
| YoY Change | 75.86% | 8.92% |
| Cost Of Revenue | $53.30M | $96.50M |
| YoY Change | 121.16% | 17.4% |
| Gross Profit | $13.00M | $57.40M |
| YoY Change | -3.7% | -2.88% |
| Gross Profit Margin | 19.61% | 37.3% |
| Selling, General & Admin | $2.500M | $7.700M |
| YoY Change | 31.58% | 2.67% |
| % of Gross Profit | 19.23% | 13.41% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $7.000M | $18.59M |
| YoY Change | 45.83% | 15.97% |
| % of Gross Profit | 53.85% | 32.39% |
| Operating Expenses | $9.500M | $26.20M |
| YoY Change | 39.71% | 11.02% |
| Operating Profit | $3.500M | $31.20M |
| YoY Change | -47.76% | -12.11% |
| Interest Expense | $1.825M | $1.547M |
| YoY Change | -708.33% | -240.64% |
| % of Operating Profit | 52.14% | 4.96% |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | -$7.200M | $29.60M |
| YoY Change | -210.77% | -14.2% |
| Income Tax | -$1.400M | $7.200M |
| % Of Pretax Income | 24.32% | |
| Net Earnings | -$5.768M | $23.15M |
| YoY Change | -219.42% | -2.74% |
| Net Earnings / Revenue | -8.7% | 15.04% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$201.4K | $775.1K |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2014 Q3 | 2013 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $23.70M | $16.20M |
| YoY Change | 72.99% | -26.03% |
| Cash & Equivalents | $22.00M | $16.20M |
| Short-Term Investments | $1.700M | |
| Other Short-Term Assets | $14.90M | $5.000M |
| YoY Change | 272.5% | 2400.0% |
| Inventory | $32.80M | $7.600M |
| Prepaid Expenses | ||
| Receivables | $35.70M | $10.60M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $107.1M | $39.40M |
| YoY Change | 212.24% | 12.89% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $457.4M | $182.3M |
| YoY Change | 158.13% | 9.29% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $24.00M | $21.30M |
| YoY Change | 20.6% | 31.48% |
| Other Assets | $22.40M | $17.40M |
| YoY Change | 47.37% | 53.98% |
| Total Long-Term Assets | $503.9M | $221.0M |
| YoY Change | 137.35% | 13.74% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $107.1M | $39.40M |
| Total Long-Term Assets | $503.9M | $221.0M |
| Total Assets | $611.0M | $260.4M |
| YoY Change | 147.77% | 13.61% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $29.50M | $10.40M |
| YoY Change | 192.08% | 10.64% |
| Accrued Expenses | ||
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $19.70M | |
| YoY Change | ||
| Total Short-Term Liabilities | $49.20M | $10.40M |
| YoY Change | 387.13% | -5.45% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $325.9M | $16.00M |
| YoY Change | 2758.77% | 40.35% |
| Other Long-Term Liabilities | $13.70M | $7.400M |
| YoY Change | 197.83% | -16.85% |
| Total Long-Term Liabilities | $339.6M | $23.40M |
| YoY Change | 2022.5% | 15.27% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $49.20M | $10.40M |
| Total Long-Term Liabilities | $339.6M | $23.40M |
| Total Liabilities | $428.1M | $77.10M |
| YoY Change | 539.91% | 14.73% |
| 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 | $182.9M | $183.3M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $611.0M | $260.4M |
| YoY Change | 147.77% | 13.61% |
Cashflow Statement
| Concept | 2014 Q3 | 2013 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$5.768M | $23.15M |
| YoY Change | -219.42% | -2.74% |
| Depreciation, Depletion And Amortization | $7.000M | $18.59M |
| YoY Change | 45.83% | 15.97% |
| Cash From Operating Activities | $4.290M | $27.18M |
| YoY Change | -41.63% | -26.62% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$5.200M | -$34.23M |
| YoY Change | -41.04% | 30.6% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$319.8M | $260.0K |
| YoY Change | -21276.16% | -95.56% |
| Cash From Investing Activities | -$325.0M | -$33.97M |
| YoY Change | 4339.34% | 66.93% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 321.7M | 1.120M |
| YoY Change | -27829.31% | -103.46% |
| NET CHANGE | ||
| Cash From Operating Activities | 4.290M | 27.18M |
| Cash From Investing Activities | -325.0M | -33.97M |
| Cash From Financing Activities | 321.7M | 1.120M |
| Net Change In Cash | 990.0K | -5.670M |
| YoY Change | -187.61% | -63.77% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $4.290M | $27.18M |
| Capital Expenditures | -$5.200M | -$34.23M |
| Free Cash Flow | $9.490M | $61.41M |
| YoY Change | -41.31% | -2.91% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2015Q4 | us-gaap |
Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
|
1763000 | |
| CY2013 | us-gaap |
Interest Expense
InterestExpense
|
1547000 | |
| CY2015Q4 | us-gaap |
Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
|
4600000 | |
| CY2014Q4 | us-gaap |
Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
|
2249000 | |
| CY2013 | us-gaap |
Cost Of Reimbursable Expense
CostOfReimbursableExpense
|
-3672000 | |
| CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5768000 |
