2016 Q4 Form 10-Q Financial Statement

#000130774816000120 Filed on November 14, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2015 Q4
Revenue $59.79M $59.83M $69.91M
YoY Change -14.47% -8.31% -35.96%
Cost Of Revenue $17.30M $16.30M $18.30M
YoY Change -5.46% -11.89% -90.62%
Gross Profit $42.50M $43.50M $52.50M
YoY Change -19.05% -8.81% -63.54%
Gross Profit Margin 71.08% 72.7% 75.1%
Selling, General & Admin $13.70M $12.00M $17.20M
YoY Change -20.35% -22.08% -15.69%
% of Gross Profit 32.24% 27.59% 32.76%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $22.20M $21.40M $39.50M
YoY Change -43.8% -42.63% -45.21%
% of Gross Profit 52.24% 49.2% 75.24%
Operating Expenses $34.70M $52.22M $39.40M
YoY Change -11.93% -64.75% -57.68%
Operating Profit $7.800M $7.613M $13.10M
YoY Change -40.46% -109.29% -74.26%
Interest Expense $3.600M $10.15M -$10.90M
YoY Change -133.03% -30.85% -124.01%
% of Operating Profit 46.15% 133.35% -83.21%
Other Income/Expense, Net $1.200M $677.0K $9.400M
YoY Change -87.23% -52.16% -171.21%
Pretax Income $24.30M $28.73M $22.60M
YoY Change 7.52% -128.99% -89.78%
Income Tax -$300.0K $286.0K -$600.0K
% Of Pretax Income -1.23% 1.0% -2.65%
Net Earnings $26.29M $37.32M $31.22M
YoY Change -15.78% -139.02% -89.39%
Net Earnings / Revenue 43.98% 62.37% 44.66%
Basic Earnings Per Share
Diluted Earnings Per Share $0.30 $0.43 $0.36
COMMON SHARES
Basic Shares Outstanding 862.2M shares 862.2M shares 861.8M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q4 2016 Q3 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $581.1M $760.6M $380.7M
YoY Change 52.64% 73.81% -49.48%
Cash & Equivalents $397.3M $578.7M $203.3M
Short-Term Investments $183.9M $181.9M $177.4M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $29.00M $28.00M $30.00M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $426.0M $607.0M $233.0M
YoY Change 82.83% 106.46% -63.59%
LONG-TERM ASSETS
Property, Plant & Equipment $1.830B $1.839B $1.866B
YoY Change -1.93% -45.72% -46.19%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $363.0M $361.0M $356.0M
YoY Change 1.97% -1.9% 28.52%
Other Assets $96.00M $51.00M $1.694B
YoY Change -94.33% -30.14% -43.96%
Total Long-Term Assets $2.361B $2.322B $3.972B
YoY Change -40.56% -40.45% -42.08%
TOTAL ASSETS
Total Short-Term Assets $426.0M $607.0M $233.0M
Total Long-Term Assets $2.361B $2.322B $3.972B
Total Assets $2.787B $2.929B $4.205B
YoY Change -33.73% -30.15% -43.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $38.00M $41.00M $47.00M
YoY Change -19.15% -57.29% -40.51%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $51.00M $56.00M $75.00M
YoY Change -32.0% -54.84% -34.78%
LONG-TERM LIABILITIES
Long-Term Debt $671.0M $653.0M $1.095B
YoY Change -38.72% -64.7% -45.03%
Other Long-Term Liabilities $115.0M $59.00M $886.0M
YoY Change -87.02% -14.49% -36.44%
Total Long-Term Liabilities $786.0M $712.0M $1.981B
YoY Change -60.32% -62.9% -41.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $51.00M $56.00M $75.00M
Total Long-Term Liabilities $786.0M $712.0M $1.981B
Total Liabilities $837.2M $768.1M $2.056B
YoY Change -59.28% -62.39% -41.26%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $773.0K $862.0K $862.0K
YoY Change -10.32% 0.12% 0.12%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.950B $2.161B $2.149B
YoY Change
Total Liabilities & Shareholders Equity $2.787B $2.929B $4.205B
YoY Change -33.73% -30.15% -43.91%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2015 Q4
OPERATING ACTIVITIES
Net Income $26.29M $37.32M $31.22M
YoY Change -15.78% -139.02% -89.39%
Depreciation, Depletion And Amortization $22.20M $21.40M $39.50M
YoY Change -43.8% -42.63% -45.21%
Cash From Operating Activities $25.30M $11.20M $50.90M
YoY Change -50.29% -79.82% 218.12%
INVESTING ACTIVITIES
Capital Expenditures $68.40M $67.90M $244.4M
YoY Change -72.01% 160.15% 56.57%
Acquisitions
YoY Change
Other Investing Activities $42.40M $145.3M $146.2M
YoY Change -71.0% 253.53% -90.37%
Cash From Investing Activities -$25.90M $77.30M -$98.20M
YoY Change -73.63% 415.33% -107.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -180.9M -322.7M -2.700M
YoY Change 6600.0% -3007.21% -99.73%
NET CHANGE
Cash From Operating Activities 25.30M 11.20M 50.90M
Cash From Investing Activities -25.90M 77.30M -98.20M
Cash From Financing Activities -180.9M -322.7M -2.700M
Net Change In Cash -181.5M -234.2M -50.00M
YoY Change 263.0% -387.01% -113.01%
FREE CASH FLOW
Cash From Operating Activities $25.30M $11.20M $50.90M
Capital Expenditures $68.40M $67.90M $244.4M
Free Cash Flow -$43.10M -$56.70M -$193.5M
YoY Change -77.73% -292.86% 38.12%

Facts In Submission

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