2015 Q4 Form 10-Q Financial Statement

#000162828015007894 Filed on October 27, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q4
Revenue $149.3M $142.9M $126.5M
YoY Change 18.02% 9.66% 2.93%
Cost Of Revenue $4.800M $4.400M $5.200M
YoY Change -7.69% 0.0% 6.12%
Gross Profit $144.5M $138.4M $121.3M
YoY Change 19.13% 10.02% 2.8%
Gross Profit Margin 96.78% 96.88% 95.89%
Selling, General & Admin $139.2M $125.5M $117.5M
YoY Change 18.47% 7.91% 0.51%
% of Gross Profit 96.33% 90.68% 96.87%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.700M $2.200M $3.900M
YoY Change -5.13% -4.35% -9.3%
% of Gross Profit 2.56% 1.59% 3.22%
Operating Expenses $139.2M $129.9M $117.5M
YoY Change 18.47% 7.63% 0.51%
Operating Profit $5.300M $12.93M $3.800M
YoY Change 39.47% 35.32% 245.45%
Interest Expense $200.0K -$100.0K -$100.0K
YoY Change -300.0% -50.0% 0.0%
% of Operating Profit 3.77% -0.77% -2.63%
Other Income/Expense, Net -$700.0K -$1.796M -$1.700M
YoY Change -58.82% 180.63% 466.67%
Pretax Income $4.800M $11.14M $2.000M
YoY Change 140.0% 24.9% 185.71%
Income Tax $3.500M $3.647M $1.300M
% Of Pretax Income 72.92% 32.75% 65.0%
Net Earnings $1.300M $7.490M $800.0K
YoY Change 62.5% 150.33% -46.67%
Net Earnings / Revenue 0.87% 5.24% 0.63%
Basic Earnings Per Share $0.41
Diluted Earnings Per Share $68.06K $0.40 $43.24K
COMMON SHARES
Basic Shares Outstanding 18.38M shares 18.37M shares 18.24M shares
Diluted Shares Outstanding 18.65M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $190.5M $129.0M $211.4M
YoY Change -9.89% -19.12% 16.41%
Cash & Equivalents $190.5M $129.0M $211.4M
Short-Term Investments
Other Short-Term Assets $18.45M $13.46M $12.21M
YoY Change 51.14% 666.31% 575.43%
Inventory
Prepaid Expenses $19.20M $15.72M $14.54M
Receivables $76.06M $106.7M $68.35M
Other Receivables $4.800M $5.600M $5.200M
Total Short-Term Assets $309.0M $290.1M $318.2M
YoY Change -2.91% -1.46% 9.44%
LONG-TERM ASSETS
Property, Plant & Equipment $36.50M $35.60M $30.42M
YoY Change 19.99% 18.38% -13.0%
Goodwill $131.1M $120.2M $122.2M
YoY Change 7.32% -2.04% -0.89%
Intangibles
YoY Change
Long-Term Investments $14.10M $14.20M $13.70M
YoY Change 2.92% -0.7% -0.72%
Other Assets $11.12M $12.17M $8.292M
YoY Change 34.04% 83.02% 45.65%
Total Long-Term Assets $263.8M $239.9M $250.4M
YoY Change 5.34% -2.94% -4.6%
TOTAL ASSETS
Total Short-Term Assets $309.0M $290.1M $318.2M
Total Long-Term Assets $263.8M $239.9M $250.4M
Total Assets $572.7M $530.0M $568.6M
YoY Change 0.72% -2.13% 2.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.150M $4.056M $5.493M
YoY Change 11.96% -26.68% -29.5%
Accrued Expenses $158.9M $120.0M $130.4M
YoY Change 21.86% 14.5% 18.65%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $6.000M
YoY Change -100.0% -100.0% 0.0%
Total Short-Term Liabilities $229.4M $190.9M $205.8M
YoY Change 11.46% 7.47% 17.1%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $23.50M
YoY Change -100.0% -100.0% -20.34%
Other Long-Term Liabilities $19.85M $46.84M $54.72M
YoY Change -63.73% -12.2% -10.78%
Total Long-Term Liabilities $88.49M $85.02M $118.1M
YoY Change -25.08% -26.32% -8.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $229.4M $190.9M $205.8M
Total Long-Term Liabilities $88.49M $85.02M $118.1M
Total Liabilities $317.9M $275.9M $324.0M
YoY Change -1.86% -5.83% 6.09%
SHAREHOLDERS EQUITY
Retained Earnings $52.57M $53.81M $45.43M
YoY Change 15.72% 14.07% -6.35%
Common Stock $232.6M $231.2M $232.3M
YoY Change 0.12% 117845.41% 118405.61%
Preferred Stock
YoY Change
Treasury Stock (at cost) $39.58M $39.58M $44.26M
YoY Change -10.57% -10.57% -7.43%
Treasury Stock Shares 1.206M shares 1.206M shares 1.346M shares
Shareholders Equity $254.8M $254.1M $244.7M
YoY Change
Total Liabilities & Shareholders Equity $572.7M $530.0M $568.6M
YoY Change 0.72% -2.13% 2.78%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q4
OPERATING ACTIVITIES
Net Income $1.300M $7.490M $800.0K
YoY Change 62.5% 150.33% -46.67%
Depreciation, Depletion And Amortization $3.700M $2.200M $3.900M
YoY Change -5.13% -4.35% -9.3%
Cash From Operating Activities $77.60M $43.10M $58.80M
YoY Change 31.97% 0.23% 5.19%
INVESTING ACTIVITIES
Capital Expenditures -$2.500M -$3.700M -$800.0K
YoY Change 212.5% 428.57% -55.56%
Acquisitions
YoY Change
Other Investing Activities -$10.30M $200.0K $100.0K
YoY Change -10400.0% -33.33% -111.11%
Cash From Investing Activities -$12.80M -$3.400M -$700.0K
YoY Change 1728.57% 750.0% -74.07%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.500M -29.10M -4.000M
YoY Change -37.5% 609.76% 2.56%
NET CHANGE
Cash From Operating Activities 77.60M 43.10M 58.80M
Cash From Investing Activities -12.80M -3.400M -700.0K
Cash From Financing Activities -2.500M -29.10M -4.000M
Net Change In Cash 62.30M 10.60M 54.10M
YoY Change 15.16% -72.47% 9.74%
FREE CASH FLOW
Cash From Operating Activities $77.60M $43.10M $58.80M
Capital Expenditures -$2.500M -$3.700M -$800.0K
Free Cash Flow $80.10M $46.80M $59.60M
YoY Change 34.4% 7.09% 3.29%

Facts In Submission

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