2014 Q3 Form 10-K Financial Statement
#000143774915021364 Filed on November 23, 2015
Income Statement
| Concept | 2014 Q3 | 2014 Q2 | 2014 Q1 |
|---|---|---|---|
| Revenue | $253.5M | $257.1M | $205.3M |
| YoY Change | 6.56% | 8.48% | 1.99% |
| Cost Of Revenue | $171.3M | $172.7M | $144.2M |
| YoY Change | 5.61% | 6.82% | 0.72% |
| Gross Profit | $82.20M | $84.40M | $61.10M |
| YoY Change | 8.59% | 12.08% | 4.98% |
| Gross Profit Margin | 32.43% | 32.83% | 29.76% |
| Selling, General & Admin | $49.30M | $29.16M | $24.30M |
| YoY Change | 9.31% | 9.54% | 4.43% |
| % of Gross Profit | 59.98% | 34.55% | 39.77% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $9.600M | $9.400M | $9.100M |
| YoY Change | 10.34% | 9.3% | 9.64% |
| % of Gross Profit | 11.68% | 11.14% | 14.89% |
| Operating Expenses | $49.30M | $29.16M | $24.30M |
| YoY Change | 9.8% | 9.54% | 4.43% |
| Operating Profit | $32.90M | $55.24M | $36.80M |
| YoY Change | 6.82% | 13.47% | 5.35% |
| Interest Expense | $1.200M | $1.100M | $900.0K |
| YoY Change | 33.33% | 22.22% | 0.0% |
| % of Operating Profit | 3.65% | 1.99% | 2.45% |
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | $34.10M | $36.80M | $21.30M |
| YoY Change | 7.57% | 10.51% | 6.5% |
| Income Tax | $11.90M | $13.10M | $7.800M |
| % Of Pretax Income | 34.9% | 35.6% | 36.62% |
| Net Earnings | $22.20M | $23.70M | $13.50M |
| YoY Change | 9.36% | 11.79% | 6.3% |
| Net Earnings / Revenue | 8.76% | 9.22% | 6.58% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $1.18 | $1.26 | $0.72 |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2014 Q3 | 2014 Q2 | 2014 Q1 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $91.80M | $67.80M | $77.30M |
| YoY Change | -5.94% | -18.12% | -27.35% |
| Cash & Equivalents | $91.76M | $67.80M | $77.30M |
| Short-Term Investments | $0.00 | $0.00 | $0.00 |
| Other Short-Term Assets | $7.800M | $9.000M | $8.500M |
| YoY Change | 0.0% | 13.92% | 13.33% |
| Inventory | $76.10M | $80.20M | $76.80M |
| Prepaid Expenses | |||
| Receivables | $100.0M | $108.7M | $86.90M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $275.6M | $265.6M | $249.5M |
| YoY Change | 4.12% | 2.75% | -6.97% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $157.5M | $158.7M | $155.3M |
| YoY Change | 7.0% | 8.33% | 8.6% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $130.1M | $131.6M | $130.7M |
| YoY Change | 18.6% | 20.18% | 58.81% |
| Other Assets | $4.100M | $3.700M | $3.300M |
| YoY Change | 28.12% | 19.35% | 3.13% |
| Total Long-Term Assets | $429.2M | $432.6M | $416.5M |
| YoY Change | 12.64% | 13.51% | 18.46% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $275.6M | $265.6M | $249.5M |
| Total Long-Term Assets | $429.2M | $432.6M | $416.5M |
| Total Assets | $704.8M | $698.2M | $666.0M |
| YoY Change | 9.15% | 9.16% | 7.45% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $60.00M | $66.80M | $54.20M |
| YoY Change | 17.88% | 18.44% | 5.86% |
| Accrued Expenses | $29.90M | $29.40M | $25.10M |
| YoY Change | 9.12% | 15.75% | 10.09% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $100.0K | $200.0K | $200.0K |
| YoY Change | -50.0% | -33.33% | -33.33% |
| Total Short-Term Liabilities | $96.00M | $103.9M | $86.00M |
| YoY Change | 15.38% | 16.74% | 7.5% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $400.0K | $400.0K | $400.0K |
| YoY Change | 300.0% | 100.0% | 100.0% |
| Other Long-Term Liabilities | $1.100M | $500.0K | $500.0K |
| YoY Change | 120.0% | -28.57% | -28.57% |
| Total Long-Term Liabilities | $1.500M | $900.0K | $900.0K |
| YoY Change | 150.0% | 0.0% | 0.0% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $96.00M | $103.9M | $86.00M |
| Total Long-Term Liabilities | $1.500M | $900.0K | $900.0K |
| Total Liabilities | $142.3M | $150.6M | $132.1M |
| YoY Change | 10.22% | 11.72% | 4.92% |
| 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 | $562.5M | $547.6M | $533.9M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $704.8M | $698.2M | $666.0M |
| YoY Change | 9.15% | 9.16% | 7.45% |
Cashflow Statement
| Concept | 2014 Q3 | 2014 Q2 | 2014 Q1 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $22.20M | $23.70M | $13.50M |
| YoY Change | 9.36% | 11.79% | 6.3% |
| Depreciation, Depletion And Amortization | $9.600M | $9.400M | $9.100M |
| YoY Change | 10.34% | 9.3% | 9.64% |
| Cash From Operating Activities | $38.00M | $30.00M | $7.800M |
| YoY Change | 15.85% | 19.52% | -30.97% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$8.100M | -$10.50M | -$11.50M |
| YoY Change | -7.95% | -7.89% | 41.98% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $100.0K | -$17.40M | -$19.50M |
| YoY Change | -97.22% | -40.41% | -197.01% |
| Cash From Investing Activities | -$8.000M | -$27.90M | -$31.00M |
| YoY Change | 53.85% | -31.28% | -358.33% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -5.400M | -11.90M | -5.100M |
| YoY Change | -42.55% | 65.28% | 218.75% |
| NET CHANGE | |||
| Cash From Operating Activities | 38.00M | 30.00M | 7.800M |
| Cash From Investing Activities | -8.000M | -27.90M | -31.00M |
| Cash From Financing Activities | -5.400M | -11.90M | -5.100M |
| Net Change In Cash | 24.60M | -9.800M | -28.30M |
| YoY Change | 35.16% | -56.83% | -230.41% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $38.00M | $30.00M | $7.800M |
| Capital Expenditures | -$8.100M | -$10.50M | -$11.50M |
| Free Cash Flow | $46.10M | $40.50M | $19.30M |
| YoY Change | 10.82% | 10.96% | -0.52% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2015 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
675366000 | USD |
| CY2014 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
631874000 | USD |
| CY2013 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
604381000 | USD |
| CY2015 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
85160000 | USD |
| CY2014 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
78632000 | USD |
| CY2013 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
74076000 | USD |
| CY2015 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
30891000 | USD |
| CY2014 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
29784000 | USD |
| CY2013 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
27448000 | USD |
| CY2015 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
3.73 | |
| CY2014 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
3.82 | |
| CY2015 | us-gaap |
Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
|
74158000 | USD |
| CY2014 | us-gaap |
Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
|
71159000 | USD |
| CY2013 | us-gaap |
Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
|
65025000 | USD |
| CY2014Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.60 | |
| CY2015Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.78 | |
| CY2015Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.30 | |
| CY2015Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.05 | |
| CY2013Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.66 | |
| CY2014Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.72 | |
| CY2014Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.26 | |
| CY2014Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.18 |
