2017 Q2 Form 10-Q Financial Statement

#000130774817000038 Filed on May 12, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2017 Q1 2016 Q1
Revenue $62.15M $62.29M $61.96M
YoY Change 1.71% 0.53% -6.44%
Cost Of Revenue $17.40M $16.10M $17.60M
YoY Change 15.23% -8.52% -11.11%
Gross Profit $44.80M $46.10M $45.80M
YoY Change 0.45% 0.66% -1.51%
Gross Profit Margin 72.08% 74.01% 73.92%
Selling, General & Admin $11.00M $11.40M $13.40M
YoY Change -26.17% -14.93% -37.96%
% of Gross Profit 24.55% 24.73% 29.26%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $130.0K $23.48M $38.78M
YoY Change -99.62% -39.45% -20.74%
% of Gross Profit 0.29% 50.93% 84.66%
Operating Expenses $51.26M $67.00M $60.09M
YoY Change -38.96% 11.5% -33.5%
Operating Profit $10.90M -$4.718M $3.217M
YoY Change -151.89% -246.66% -83.34%
Interest Expense $7.786M $7.421M $14.73M
YoY Change -43.88% -49.61% -36.1%
% of Operating Profit 71.46% 457.79%
Other Income/Expense, Net -$79.00K -$3.202M $175.0K
YoY Change -121.7% -1929.71% -80.79%
Pretax Income $35.03M $2.952M $16.30M
YoY Change 89.05% -81.89% 260.45%
Income Tax $231.0K $282.0K $258.0K
% Of Pretax Income 0.66% 9.55% 1.58%
Net Earnings $33.92M $2.096M $25.41M
YoY Change -79.28% -91.75% 336.19%
Net Earnings / Revenue 54.58% 3.37% 41.01%
Basic Earnings Per Share $0.03
Diluted Earnings Per Share $0.45 $0.03 $0.03
COMMON SHARES
Basic Shares Outstanding 773.3M shares 773.3M shares 862.2M shares
Diluted Shares Outstanding 862.3M shares

Balance Sheet

Concept 2017 Q2 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $397.8M $353.9M $616.8M
YoY Change -60.43% -42.63% 28.07%
Cash & Equivalents $366.2M $243.2M $435.7M
Short-Term Investments $31.54M $110.6M $181.1M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $26.00M $26.00M $40.00M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $392.0M $269.0M $476.0M
YoY Change -53.11% -43.49% 96.69%
LONG-TERM ASSETS
Property, Plant & Equipment $2.005B $2.072B $3.377B
YoY Change 5.3% -38.64% -2.79%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $214.0M $291.0M $359.0M
YoY Change -42.47% -18.94% -10.7%
Other Assets $101.0M $68.00M $70.00M
YoY Change 87.04% -2.86% -32.69%
Total Long-Term Assets $2.406B $2.523B $3.868B
YoY Change 0.13% -34.78% -4.78%
TOTAL ASSETS
Total Short-Term Assets $392.0M $269.0M $476.0M
Total Long-Term Assets $2.406B $2.523B $3.868B
Total Assets $2.798B $2.792B $4.344B
YoY Change -13.61% -35.74% 0.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $32.00M $27.00M $79.00M
YoY Change -25.58% -65.82% -4.82%
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 $45.00M $40.00M $107.0M
YoY Change -36.62% -62.62% 16.3%
LONG-TERM LIABILITIES
Long-Term Debt $770.0M $773.0M $2.022B
YoY Change -18.78% -61.77% 10.25%
Other Long-Term Liabilities $69.00M $73.00M $67.00M
YoY Change -8.0% 8.96% -11.84%
Total Long-Term Liabilities $839.0M $846.0M $2.089B
YoY Change -17.99% -59.5% 9.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $45.00M $40.00M $107.0M
Total Long-Term Liabilities $839.0M $846.0M $2.089B
Total Liabilities $883.8M $885.7M $2.197B
YoY Change -19.13% -59.68% 9.71%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $773.0K $773.0K $862.0K
YoY Change -10.32% -10.32% 0.12%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.914B $1.906B $2.147B
YoY Change
Total Liabilities & Shareholders Equity $2.798B $2.792B $4.344B
YoY Change -13.61% -35.74% 0.93%

Cashflow Statement

Concept 2017 Q2 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $33.92M $2.096M $25.41M
YoY Change -79.28% -91.75% 336.19%
Depreciation, Depletion And Amortization $130.0K $23.48M $38.78M
YoY Change -99.62% -39.45% -20.74%
Cash From Operating Activities $33.80M $26.49M $36.14M
YoY Change -31.58% -26.7% -11.18%
INVESTING ACTIVITIES
Capital Expenditures -$3.700M $233.4M $1.091M
YoY Change -101.16% 21293.22% -32.65%
Acquisitions
YoY Change
Other Investing Activities $146.1M $64.80M $103.9M
YoY Change -88.43% -37.63% 1029.35%
Cash From Investing Activities $149.7M -$153.0M $73.81M
YoY Change -84.12% -307.26% -281.27%
FINANCING ACTIVITIES
Cash Dividend Paid $13.04M $28.01M
YoY Change -53.45% -65.48%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -13.60M -$11.95M $122.4M
YoY Change -97.79% -109.76% -122.87%
NET CHANGE
Cash From Operating Activities 33.80M $26.49M $36.14M
Cash From Investing Activities 149.7M -$153.0M $73.81M
Cash From Financing Activities -13.60M -$11.95M $122.4M
Net Change In Cash 169.9M -$138.4M $232.4M
YoY Change -54.97% -159.57% -143.4%
FREE CASH FLOW
Cash From Operating Activities $33.80M $26.49M $36.14M
Capital Expenditures -$3.700M $233.4M $1.091M
Free Cash Flow $37.50M -$206.9M $35.05M
YoY Change -113.86% -690.33% -10.29%

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14530000 USD
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5212000 USD
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28474000 USD
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2413386000 USD
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628013000 USD
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9544000 USD
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8332000 USD
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317000 USD
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25652000 USD
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CY2016Q1 us-gaap Share Based Compensation
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862205672 shares
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773316262 shares

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