2020 Q2 Form 10-Q Financial Statement
#000121390020014476 Filed on June 09, 2020
Income Statement
| Concept | 2020 Q2 | 2019 Q2 |
|---|---|---|
| Revenue | $321.3M | $341.3M |
| YoY Change | -5.85% | -6.61% |
| Cost Of Revenue | $258.8M | $282.8M |
| YoY Change | -8.49% | -7.93% |
| Gross Profit | $62.50M | $58.50M |
| YoY Change | 6.84% | 0.44% |
| Gross Profit Margin | 19.45% | 17.14% |
| Selling, General & Admin | $52.63M | $49.52M |
| YoY Change | 6.28% | -1.16% |
| % of Gross Profit | 84.21% | 84.65% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $5.240M | $5.520M |
| YoY Change | -5.07% | -4.83% |
| % of Gross Profit | 8.38% | 9.44% |
| Operating Expenses | $52.63M | $49.52M |
| YoY Change | 6.28% | -11.89% |
| Operating Profit | $9.870M | $449.0K |
| YoY Change | 2098.22% | -126.52% |
| Interest Expense | -$1.900M | $800.0K |
| YoY Change | -337.5% | -260.0% |
| % of Operating Profit | -19.25% | 178.17% |
| Other Income/Expense, Net | -$100.0K | -$300.0K |
| YoY Change | -66.67% | |
| Pretax Income | $1.700M | $1.000M |
| YoY Change | 70.0% | -145.45% |
| Income Tax | $1.300M | -$1.500M |
| % Of Pretax Income | 76.47% | -150.0% |
| Net Earnings | $500.0K | $2.170M |
| YoY Change | -76.96% | -162.75% |
| Net Earnings / Revenue | 0.16% | 0.64% |
| Basic Earnings Per Share | $0.08 | |
| Diluted Earnings Per Share | $18.87K | $0.08 |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2020 Q2 | 2019 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $70.50M | $79.60M |
| YoY Change | -11.43% | 31.14% |
| Cash & Equivalents | $51.80M | $79.30M |
| Short-Term Investments | $18.70M | $300.0K |
| Other Short-Term Assets | $174.1M | $212.5M |
| YoY Change | -18.07% | 11.67% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $47.40M | $54.40M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $291.9M | $346.4M |
| YoY Change | -15.73% | 10.21% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $40.70M | $35.00M |
| YoY Change | 16.29% | -5.66% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $8.600M | $8.400M |
| YoY Change | 2.38% | 27.27% |
| Other Assets | $13.90M | $14.70M |
| YoY Change | -5.44% | -20.54% |
| Total Long-Term Assets | $79.70M | $73.50M |
| YoY Change | 8.44% | -0.14% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $291.9M | $346.4M |
| Total Long-Term Assets | $79.70M | $73.50M |
| Total Assets | $371.6M | $419.9M |
| YoY Change | -11.5% | 8.25% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $27.70M | $38.30M |
| YoY Change | -27.68% | 62.98% |
| Accrued Expenses | $120.5M | $115.3M |
| YoY Change | 4.51% | -7.83% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $308.5M | $362.3M |
| YoY Change | -14.85% | 0.78% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $9.500M | $1.200M |
| YoY Change | 691.67% | -14.29% |
| Total Long-Term Liabilities | $9.500M | $1.200M |
| YoY Change | 691.67% | -14.29% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $308.5M | $362.3M |
| Total Long-Term Liabilities | $9.500M | $1.200M |
| Total Liabilities | $314.6M | $363.8M |
| YoY Change | -13.52% | 0.69% |
| 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 | $57.00M | $56.10M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $371.6M | $419.9M |
| YoY Change | -11.5% | 8.25% |
Cashflow Statement
| Concept | 2020 Q2 | 2019 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $500.0K | $2.170M |
| YoY Change | -76.96% | -162.75% |
| Depreciation, Depletion And Amortization | $5.240M | $5.520M |
| YoY Change | -5.07% | -4.83% |
| Cash From Operating Activities | -$47.35M | $9.300M |
| YoY Change | -609.14% | -61.93% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$4.200M | -$4.320M |
| YoY Change | -2.78% | -14.29% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$4.150M | $180.0K |
| YoY Change | -2405.56% | -93.18% |
| Cash From Investing Activities | -$8.350M | -$4.160M |
| YoY Change | 100.72% | 73.33% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -790.0K | -480.0K |
| YoY Change | 64.58% | -95.94% |
| NET CHANGE | ||
| Cash From Operating Activities | -47.35M | 9.300M |
| Cash From Investing Activities | -8.350M | -4.160M |
| Cash From Financing Activities | -790.0K | -480.0K |
| Net Change In Cash | -56.49M | 4.660M |
| YoY Change | -1312.23% | -54.31% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$47.35M | $9.300M |
| Capital Expenditures | -$4.200M | -$4.320M |
| Free Cash Flow | -$43.15M | $13.62M |
| YoY Change | -416.81% | -53.78% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
150970000 | USD | |
| CY2020Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
52630000 | USD |
| CY2019Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
49518000 | USD |
| us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
159853000 | USD |
