2021 Q1 Form 10-Q Financial Statement

#000004625021000007 Filed on January 28, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q4 2019 Q4
Revenue $163.0M $142.9M $120.4M
YoY Change 23.1% 18.7% -6.04%
Cost Of Revenue $131.2M $114.7M $98.93M
YoY Change 19.49% 15.93% -7.65%
Gross Profit $31.80M $28.24M $21.48M
YoY Change 40.41% 31.48% 2.12%
Gross Profit Margin 19.51% 19.76% 17.84%
Selling, General & Admin $18.90M $17.75M $14.70M
YoY Change 26.92% 20.73% 2.72%
% of Gross Profit 59.43% 62.86% 68.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.930M $5.670M $5.440M
YoY Change 9.81% 4.23% 0.93%
% of Gross Profit 18.65% 20.08% 25.33%
Operating Expenses $18.90M $17.75M $14.70M
YoY Change 26.92% 20.73% 2.72%
Operating Profit $12.90M $10.49M $6.776M
YoY Change 66.3% 54.8% 0.82%
Interest Expense -$400.0K -$400.0K -$600.0K
YoY Change -20.0% -33.33% -25.0%
% of Operating Profit -3.1% -3.81% -8.85%
Other Income/Expense, Net $200.0K $478.0K $131.0K
YoY Change -140.0% 264.89% -141.46%
Pretax Income $12.70M $10.59M $6.323M
YoY Change 86.76% 67.4% 12.95%
Income Tax $3.600M $2.664M $1.776M
% Of Pretax Income 28.35% 25.17% 28.09%
Net Earnings $9.100M $7.921M $4.547M
YoY Change 91.06% 74.2% 10.1%
Net Earnings / Revenue 5.58% 5.54% 3.78%
Basic Earnings Per Share $0.38 $0.43
Diluted Earnings Per Share $429.2K $0.37 $0.43
COMMON SHARES
Basic Shares Outstanding 10.61M shares 21.01M shares 10.55M shares
Diluted Shares Outstanding 21.22M shares 10.61M shares

Balance Sheet

Concept 2021 Q1 2020 Q4 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.000M $8.000M $7.300M
YoY Change -30.23% 9.59% 0.0%
Cash & Equivalents $2.998M $7.969M $7.265M
Short-Term Investments
Other Short-Term Assets $5.400M $5.100M $5.600M
YoY Change 10.2% -8.93% -1.75%
Inventory $63.86M $64.66M $57.54M
Prepaid Expenses
Receivables $90.60M $76.82M $56.05M
Other Receivables $200.0K $1.000M $700.0K
Total Short-Term Assets $163.0M $155.5M $127.0M
YoY Change 24.4% 22.37% -10.64%
LONG-TERM ASSETS
Property, Plant & Equipment $144.6M $138.9M $125.4M
YoY Change 14.46% 10.82% 6.6%
Goodwill $70.72M $67.70M $58.40M
YoY Change 21.01% 15.92% -0.07%
Intangibles $76.37M $69.73M $61.92M
YoY Change 25.91% 12.6% -7.57%
Long-Term Investments
YoY Change
Other Assets $487.0K $6.049M $4.312M
YoY Change -87.08% 40.28% 33.66%
Total Long-Term Assets $309.5M $290.5M $259.5M
YoY Change 19.84% 11.95% 5.39%
TOTAL ASSETS
Total Short-Term Assets $163.0M $155.5M $127.0M
Total Long-Term Assets $309.5M $290.5M $259.5M
Total Assets $472.6M $446.0M $386.6M
YoY Change 21.38% 15.37% -0.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $37.31M $31.16M $26.74M
YoY Change 9.33% 16.51% -8.63%
Accrued Expenses $19.60M $14.80M $11.70M
YoY Change 29.8% 26.5% 15.84%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $9.907M $9.907M $9.907M
YoY Change 0.0% 0.0% 0.0%
Total Short-Term Liabilities $70.46M $59.03M $51.28M
YoY Change 13.25% 15.11% -3.39%
LONG-TERM LIABILITIES
Long-Term Debt $88.85M $85.82M $57.73M
YoY Change 78.58% 48.66% -28.41%
Other Long-Term Liabilities $1.368M $514.0K $5.746M
YoY Change 22.8% -91.05% 26.17%
Total Long-Term Liabilities $90.21M $86.34M $63.47M
YoY Change 77.36% 36.02% -25.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $70.46M $59.03M $51.28M
Total Long-Term Liabilities $90.21M $86.34M $63.47M
Total Liabilities $207.3M $189.1M $154.4M
YoY Change 33.02% 22.49% -9.68%
SHAREHOLDERS EQUITY
Retained Earnings $213.9M $207.4M $180.7M
YoY Change 16.92% 14.81% 10.78%
Common Stock $51.35M $49.50M $51.49M
YoY Change 1.45% -3.88% -4.66%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $265.2M $256.9M $232.2M
YoY Change
Total Liabilities & Shareholders Equity $472.6M $446.0M $386.6M
YoY Change 21.38% 15.37% -0.48%

Cashflow Statement

Concept 2021 Q1 2020 Q4 2019 Q4
OPERATING ACTIVITIES
Net Income $9.100M $7.921M $4.547M
YoY Change 91.06% 74.2% 10.1%
Depreciation, Depletion And Amortization $5.930M $5.670M $5.440M
YoY Change 9.81% 4.23% 0.93%
Cash From Operating Activities $17.18M $6.470M $17.87M
YoY Change 23.51% -63.79% 189.63%
INVESTING ACTIVITIES
Capital Expenditures -$7.590M -$5.080M -$5.340M
YoY Change 48.24% -4.87% 78.0%
Acquisitions
YoY Change
Other Investing Activities -$15.78M -$9.960M $120.0K
YoY Change -79000.0% -8400.0% 100.0%
Cash From Investing Activities -$23.37M -$15.04M -$5.220M
YoY Change 358.24% 188.12% 77.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.210M 13.39M -9.450M
YoY Change -110.26% -241.69% -47350.0%
NET CHANGE
Cash From Operating Activities 17.18M 6.470M 17.87M
Cash From Investing Activities -23.37M -15.04M -5.220M
Cash From Financing Activities 1.210M 13.39M -9.450M
Net Change In Cash -4.980M 4.820M 3.200M
YoY Change 67.11% 50.62% -1.54%
FREE CASH FLOW
Cash From Operating Activities $17.18M $6.470M $17.87M
Capital Expenditures -$7.590M -$5.080M -$5.340M
Free Cash Flow $24.77M $11.55M $23.21M
YoY Change 30.16% -50.24% 153.11%

Facts In Submission

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P8Y5M12D
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no
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No
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33914000 USD
us-gaap Quarterly Financial Information Segment Reporting Segment Assets Material Change
QuarterlyFinancialInformationSegmentReportingSegmentAssetsMaterialChange
No

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