2021 Q1 Form 10-Q Financial Statement

#000106660521000048 Filed on April 26, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $194.7M $174.8M
YoY Change 11.37% -0.81%
Cost Of Revenue $1.100M $3.400M
YoY Change -67.65% -27.66%
Gross Profit $193.7M $171.5M
YoY Change 12.94% -0.06%
Gross Profit Margin 99.47% 98.09%
Selling, General & Admin $170.2M $153.3M
YoY Change 11.02% -1.22%
% of Gross Profit 87.87% 89.39%
Research & Development $0.00
YoY Change
% of Gross Profit 0.0%
Depreciation & Amortization $6.068M $2.337M
YoY Change 159.65% -14.52%
% of Gross Profit 3.13% 1.36%
Operating Expenses $175.1M $156.7M
YoY Change 11.76% -1.99%
Operating Profit $19.61M $18.15M
YoY Change 8.02% 10.74%
Interest Expense $100.0K $700.0K
YoY Change -85.71% -12.5%
% of Operating Profit 0.51% 3.86%
Other Income/Expense, Net $3.164M -$3.756M
YoY Change -184.24% -253.24%
Pretax Income $22.80M $14.40M
YoY Change 58.33% -23.57%
Income Tax $7.900M $5.700M
% Of Pretax Income 34.65% 39.58%
Net Earnings $14.83M $8.666M
YoY Change 71.15% -28.3%
Net Earnings / Revenue 7.62% 4.96%
Basic Earnings Per Share $0.77 $0.45
Diluted Earnings Per Share $0.74 $0.44
COMMON SHARES
Basic Shares Outstanding 19.39M shares 19.19M shares
Diluted Shares Outstanding 20.17M shares 19.78M shares

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $184.1M $251.0M
YoY Change -26.65% 119.41%
Cash & Equivalents $184.1M $251.0M
Short-Term Investments $0.00 $0.00
Other Short-Term Assets $25.50M $32.13M
YoY Change -20.65% 9.94%
Inventory
Prepaid Expenses $26.51M
Receivables $128.4M $131.4M
Other Receivables $5.200M $4.400M
Total Short-Term Assets $369.8M $445.4M
YoY Change -16.98% 43.71%
LONG-TERM ASSETS
Property, Plant & Equipment $22.37M $28.45M
YoY Change -21.36% -11.9%
Goodwill $91.45M $123.4M
YoY Change -25.9% 0.71%
Intangibles
YoY Change
Long-Term Investments $33.50M $23.50M
YoY Change 42.55% 3.07%
Other Assets $27.62M $25.18M
YoY Change 9.67% 5.87%
Total Long-Term Assets $310.8M $347.1M
YoY Change -10.45% -4.12%
TOTAL ASSETS
Total Short-Term Assets $369.8M $445.4M
Total Long-Term Assets $310.8M $347.1M
Total Assets $680.6M $792.5M
YoY Change -14.12% 17.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.15M $11.09M
YoY Change -8.47% 20.14%
Accrued Expenses $140.8M $127.7M
YoY Change 10.26% -0.31%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $217.3M $207.9M
YoY Change 4.48% -4.0%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $100.0M
YoY Change -100.0%
Other Long-Term Liabilities $4.103M $4.551M
YoY Change -9.84% 9.11%
Total Long-Term Liabilities $184.8M $272.8M
YoY Change -32.28% 49.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $217.3M $207.9M
Total Long-Term Liabilities $184.8M $272.8M
Total Liabilities $402.0M $480.8M
YoY Change -16.38% 20.62%
SHAREHOLDERS EQUITY
Retained Earnings $52.74M $96.42M
YoY Change -45.3% 47.87%
Common Stock $226.2M $226.2M
YoY Change -0.02% 3.31%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.090M $10.96M
YoY Change -71.8% -27.64%
Treasury Stock Shares 88.41K shares 310.9K shares
Shareholders Equity $278.6M $311.8M
YoY Change
Total Liabilities & Shareholders Equity $680.6M $792.5M
YoY Change -14.12% 17.94%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $14.83M $8.666M
YoY Change 71.15% -28.3%
Depreciation, Depletion And Amortization $6.068M $2.337M
YoY Change 159.65% -14.52%
Cash From Operating Activities -$142.6M -$165.6M
YoY Change -13.91% 6.65%
INVESTING ACTIVITIES
Capital Expenditures $945.0K $1.753M
YoY Change -46.09% 95.21%
Acquisitions
YoY Change
Other Investing Activities $18.80M $59.30M
YoY Change -68.3% -3806.25%
Cash From Investing Activities $17.85M $57.52M
YoY Change -68.96% -2435.24%
FINANCING ACTIVITIES
Cash Dividend Paid $3.072M $3.002M
YoY Change 2.33% 2.28%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$6.162M $92.66M
YoY Change -106.65% -1273.8%
NET CHANGE
Cash From Operating Activities -$142.6M -$165.6M
Cash From Investing Activities $17.85M $57.52M
Cash From Financing Activities -$6.162M $92.66M
Net Change In Cash -$132.4M -$20.72M
YoY Change 539.11% -87.48%
FREE CASH FLOW
Cash From Operating Activities -$142.6M -$165.6M
Capital Expenditures $945.0K $1.753M
Free Cash Flow -$143.5M -$167.4M
YoY Change -14.24% 7.16%

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5400000 USD
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32600000 USD

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