$HURC
HURCO COMPANIES INC

2012 Q3 Form 10-Q Financial Statement

#000114420412050189 Filed on September 07, 2012

View on sec.gov

Income Statement

Concept 2012 Q3 2011 Q4 2011 Q3
Revenue $49.96M $48.57M $50.57M
YoY Change -1.21% 39.89% 91.06%
Cost Of Revenue $33.88M $32.89M $34.72M
YoY Change -2.44% 25.34% 59.13%
Gross Profit $16.08M $15.68M $15.85M
YoY Change 1.48% 84.93% 240.13%
Gross Profit Margin 32.19% 32.29% 31.34%
Selling, General & Admin $10.27M $11.09M $9.317M
YoY Change 10.25% 22.16% 33.29%
% of Gross Profit 63.86% 70.73% 58.78%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $960.0K $1.070M $1.080M
YoY Change -11.11% 8.08% 10.2%
% of Gross Profit 5.97% 6.82% 6.81%
Operating Expenses $10.27M $11.09M $9.317M
YoY Change 10.25% 22.16% 33.29%
Operating Profit $5.812M $4.590M $6.533M
YoY Change -11.04% -865.0% -380.39%
Interest Expense $43.00K -$50.00K $47.00K
YoY Change -8.51% -58.33% 370.0%
% of Operating Profit 0.74% -1.09% 0.72%
Other Income/Expense, Net -$190.0K -$1.040M -$242.0K
YoY Change -21.49% 285.19% 303.33%
Pretax Income $5.598M $3.490M $6.281M
YoY Change -10.87% -452.53% -363.91%
Income Tax $1.641M $840.0K $1.706M
% Of Pretax Income 29.31% 24.07% 27.16%
Net Earnings $3.957M $2.654M $4.575M
YoY Change -13.51% -328.79% -491.03%
Net Earnings / Revenue 7.92% 5.46% 9.05%
Basic Earnings Per Share $0.61 $0.41 $0.71
Diluted Earnings Per Share $0.61 $0.41 $0.70
COMMON SHARES
Basic Shares Outstanding 6.447M shares 6.441M shares
Diluted Shares Outstanding 6.465M shares 6.480M shares

Balance Sheet

Concept 2012 Q3 2011 Q4 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $35.10M $45.00M $49.10M
YoY Change -28.51% -6.83% 8.63%
Cash & Equivalents $35.10M $44.96M $49.14M
Short-Term Investments
Other Short-Term Assets $9.048M $5.598M $13.30M
YoY Change -31.97% -53.35% 3.91%
Inventory $95.72M $81.13M $75.10M
Prepaid Expenses
Receivables $30.51M $27.06M $30.40M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $175.5M $164.1M $168.0M
YoY Change 4.45% 20.47% 36.25%
LONG-TERM ASSETS
Property, Plant & Equipment $11.69M $11.54M $11.30M
YoY Change 3.42% -2.17% -5.04%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $5.800M $6.000M $6.200M
YoY Change -6.45% -4.76% -1.59%
Other Assets $5.792M $5.999M
YoY Change
Total Long-Term Assets $21.52M $22.47M $22.70M
YoY Change -5.2% -6.76% -6.58%
TOTAL ASSETS
Total Short-Term Assets $175.5M $164.1M $168.0M
Total Long-Term Assets $21.52M $22.47M $22.70M
Total Assets $197.0M $186.5M $190.7M
YoY Change 3.3% 16.37% 29.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $38.54M $36.34M $44.30M
YoY Change -12.99% 19.52% 115.05%
Accrued Expenses $11.53M $13.98M $15.20M
YoY Change -24.14% 44.15% 90.0%
Deferred Revenue
YoY Change
Short-Term Debt $3.143M $865.0K $900.0K
YoY Change 249.22%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $55.23M $57.23M $62.40M
YoY Change -11.5% 35.61% 108.0%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.200M $1.100M $1.100M
YoY Change 9.09% 10.0% 22.22%
Total Long-Term Liabilities $1.200M $3.105M $1.100M
YoY Change 9.09% 210.5% 22.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $55.23M $57.23M $62.40M
Total Long-Term Liabilities $1.200M $3.105M $1.100M
Total Liabilities $58.50M $60.33M $66.00M
YoY Change -11.36% 32.31% 96.43%
SHAREHOLDERS EQUITY
Retained Earnings $86.50M $74.95M
YoY Change
Common Stock $645.0K $644.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $138.5M $126.2M $124.7M
YoY Change
Total Liabilities & Shareholders Equity $197.0M $186.5M $190.7M
YoY Change 3.3% 16.37% 29.2%

Cashflow Statement

Concept 2012 Q3 2011 Q4 2011 Q3
OPERATING ACTIVITIES
Net Income $3.957M $2.654M $4.575M
YoY Change -13.51% -328.79% -491.03%
Depreciation, Depletion And Amortization $960.0K $1.070M $1.080M
YoY Change -11.11% 8.08% 10.2%
Cash From Operating Activities -$4.261M -$2.280M $1.182M
YoY Change -460.49% -180.28% -87.9%
INVESTING ACTIVITIES
Capital Expenditures $1.034M -$1.090M $480.0K
YoY Change 115.42% 78.69% -196.0%
Acquisitions
YoY Change
Other Investing Activities $6.000K $0.00 $41.00K
YoY Change -85.37% -100.0% -48.75%
Cash From Investing Activities -$1.299M -$1.110M -$759.0K
YoY Change 71.15% 79.03% 85.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $1.182M 0.000 202.0K
YoY Change 485.15%
NET CHANGE
Cash From Operating Activities -$4.261M -2.280M 1.182M
Cash From Investing Activities -$1.299M -1.110M -759.0K
Cash From Financing Activities $1.182M 0.000 202.0K
Net Change In Cash -$4.378M -3.390M 625.0K
YoY Change -800.48% -252.7% -93.32%
FREE CASH FLOW
Cash From Operating Activities -$4.261M -$2.280M $1.182M
Capital Expenditures $1.034M -$1.090M $480.0K
Free Cash Flow -$5.295M -$1.190M $702.0K
YoY Change -854.27% -134.49% -93.16%

Facts In Submission

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dei Trading Symbol
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dei Entity Registrant Name
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CY2011Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2012Q3 hurc Provision For Reduction Of Doubtful Accounts
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