2015 Q4 Form 10-K Financial Statement
#000087401516000112 Filed on February 26, 2016
Income Statement
| Concept | 2015 Q4 | 2015 Q3 | 2015 Q2 |
|---|---|---|---|
| Revenue | $51.60M | $49.10M | $120.4M |
| YoY Change | -39.22% | 11.34% | 110.86% |
| Cost Of Revenue | |||
| YoY Change | |||
| Gross Profit | |||
| YoY Change | |||
| Gross Profit Margin | |||
| Selling, General & Admin | $13.20M | $8.800M | $7.800M |
| YoY Change | 94.12% | 95.56% | 73.33% |
| % of Gross Profit | |||
| Research & Development | $101.3M | $88.50M | $68.00M |
| YoY Change | 48.97% | 44.84% | 14.67% |
| % of Gross Profit | |||
| Depreciation & Amortization | $2.700M | $2.600M | $2.600M |
| YoY Change | 17.39% | 4.0% | 13.04% |
| % of Gross Profit | |||
| Operating Expenses | $114.5M | $97.30M | $75.80M |
| YoY Change | 53.07% | 48.32% | 19.0% |
| Operating Profit | |||
| YoY Change | |||
| Interest Expense | -$8.100M | $12.40M | -$8.200M |
| YoY Change | -158.27% | -426.32% | 78.26% |
| % of Operating Profit | |||
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | -$71.10M | -$35.80M | $36.40M |
| YoY Change | -555.77% | 41.5% | -425.0% |
| Income Tax | $400.0K | $0.00 | $800.0K |
| % Of Pretax Income | 2.2% | ||
| Net Earnings | -$71.40M | -$35.80M | $35.60M |
| YoY Change | -329.58% | 34.08% | -394.21% |
| Net Earnings / Revenue | -138.37% | -72.91% | 29.57% |
| Basic Earnings Per Share | -$0.59 | -$0.30 | $0.30 |
| Diluted Earnings Per Share | -$0.59 | -$0.30 | $0.29 |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2015 Q4 | 2015 Q3 | 2015 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $804.0M | $830.8M | $815.5M |
| YoY Change | -0.83% | 29.93% | 25.95% |
| Cash & Equivalents | $128.8M | $126.6M | $119.5M |
| Short-Term Investments | $675.2M | $704.2M | $696.1M |
| Other Short-Term Assets | $14.80M | $29.10M | $29.90M |
| YoY Change | -5.73% | 246.43% | 247.67% |
| Inventory | $6.900M | $6.600M | $6.800M |
| Prepaid Expenses | |||
| Receivables | $11.40M | $1.800M | $3.300M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $837.0M | $868.3M | $855.5M |
| YoY Change | 0.05% | 27.47% | 21.21% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $90.20M | $89.20M | $89.70M |
| YoY Change | 1.35% | 1.25% | 3.94% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $1.300M | $9.700M | $10.30M |
| YoY Change | -87.5% | 115.56% | 94.34% |
| Total Long-Term Assets | $110.9M | $119.7M | $120.8M |
| YoY Change | -6.96% | 6.31% | 7.86% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $837.0M | $868.3M | $855.5M |
| Total Long-Term Assets | $110.9M | $119.7M | $120.8M |
| Total Assets | $947.9M | $988.0M | $976.3M |
| YoY Change | -0.83% | 24.46% | 19.38% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $28.40M | $19.30M | $11.00M |
| YoY Change | 57.78% | 23.72% | -18.52% |
| Accrued Expenses | $44.20M | $34.00M | $31.70M |
| YoY Change | 3.27% | -6.34% | 0.32% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $9.000M | $800.0K | $1.200M |
| YoY Change | 210.34% | -78.38% | -71.43% |
| Total Short-Term Liabilities | $148.9M | $122.2M | $102.1M |
| YoY Change | 29.14% | 13.89% | 1.29% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $463.9M | $471.3M | $465.7M |
| YoY Change | 1.98% | 103.94% | 102.74% |
| Other Long-Term Liabilities | $134.3M | $149.1M | $108.1M |
| YoY Change | 5.09% | 34.81% | -10.22% |
| Total Long-Term Liabilities | $598.2M | $620.4M | $573.8M |
| YoY Change | 2.66% | 81.56% | 63.9% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $148.9M | $122.2M | $102.1M |
| Total Long-Term Liabilities | $598.2M | $620.4M | $573.8M |
| Total Liabilities | $747.1M | $742.6M | $675.9M |
| YoY Change | 7.03% | 65.39% | 49.9% |
| 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 | $200.8M | $245.4M | $300.3M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $947.9M | $988.0M | $976.3M |
| YoY Change | -0.83% | 24.46% | 19.38% |
Cashflow Statement
| Concept | 2015 Q4 | 2015 Q3 | 2015 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$71.40M | -$35.80M | $35.60M |
| YoY Change | -329.58% | 34.08% | -394.21% |
| Depreciation, Depletion And Amortization | $2.700M | $2.600M | $2.600M |
| YoY Change | 17.39% | 4.0% | 13.04% |
| Cash From Operating Activities | -$37.50M | $36.20M | $65.20M |
| YoY Change | -153.04% | 1805.26% | -291.76% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$2.400M | -$1.400M | -$3.000M |
| YoY Change | -31.43% | 55.56% | 76.47% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $30.30M | -$27.90M | -$92.30M |
| YoY Change | -164.19% | 18.22% | 200.65% |
| Cash From Investing Activities | $27.90M | -$29.30M | -$95.40M |
| YoY Change | -155.03% | 19.59% | 194.44% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 11.70M | 200.0K | 1.300M |
| YoY Change | -76.55% | -88.24% | -200.0% |
| NET CHANGE | |||
| Cash From Operating Activities | -37.50M | 36.20M | 65.20M |
| Cash From Investing Activities | 27.90M | -29.30M | -95.40M |
| Cash From Financing Activities | 11.70M | 200.0K | 1.300M |
| Net Change In Cash | 2.100M | 7.100M | -28.90M |
| YoY Change | -97.0% | -133.97% | -57.31% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$37.50M | $36.20M | $65.20M |
| Capital Expenditures | -$2.400M | -$1.400M | -$3.000M |
| Free Cash Flow | -$35.10M | $37.60M | $68.20M |
| YoY Change | -147.3% | 1242.86% | -311.15% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2015 | ions |
Defined Contribution Plan Employee Contribution Limit By Plan Participants Over Fifty Years Age
DefinedContributionPlanEmployeeContributionLimitByPlanParticipantsOverFiftyYearsAge
|
24000 | |
| CY2014Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
172000 | |
| CY2015Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
30000 | |
| CY2014Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
1154000 | |
| CY2015Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
2552000 | |
| CY2015Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
660458000 | |
| CY2014Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
606889000 | |
| CY2014Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
605907000 | |
| CY2015Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
657936000 | |
| CY2015Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.30 | |
| CY2014Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.27 | |
| CY2014Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.23 | |
| CY2015Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.14 | |
| CY2014Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.10 | |
| CY2014Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.26 | |
| CY2015Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.59 | |
| CY2015Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.30 | |
| CY2014Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.10 | |
| CY2015Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.59 | |
| CY2014Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.27 | |
| CY2015Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.14 | |
| CY2014Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.23 | |
| CY2014Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.25 | |
| CY2015Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.29 | |
| CY2015Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.30 |
