2023 Q1 Form 10-Q Financial Statement

#000143774923002375 Filed on February 02, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4
Revenue $337.9M $351.3M
YoY Change 20.01% 10.32%
Cost Of Revenue $247.5M $260.5M
YoY Change 14.48% 8.94%
Gross Profit $90.38M $90.86M
YoY Change 38.31% 14.46%
Gross Profit Margin 26.75% 25.86%
Selling, General & Admin $41.94M $40.09M
YoY Change 28.03% 28.18%
% of Gross Profit 46.4% 44.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $15.44M $15.18M
YoY Change 23.13% 21.34%
% of Gross Profit 17.08% 16.71%
Operating Expenses $80.19M $81.53M
YoY Change 30.9% 26.34%
Operating Profit $10.19M $9.328M
YoY Change 149.34% -37.16%
Interest Expense -$933.0K -$364.0K
YoY Change -1005.83% -243.87%
% of Operating Profit -9.15% -3.9%
Other Income/Expense, Net
YoY Change
Pretax Income $9.260M $8.964M
YoY Change 120.95% -40.63%
Income Tax $2.389M $2.331M
% Of Pretax Income 25.8% 26.0%
Net Earnings $6.871M $6.633M
YoY Change 110.06% -40.19%
Net Earnings / Revenue 2.03% 1.89%
Basic Earnings Per Share $0.36 $0.35
Diluted Earnings Per Share $0.36 $0.34
COMMON SHARES
Basic Shares Outstanding 19.23M 19.22M
Diluted Shares Outstanding 19.30M 19.27M

Balance Sheet

Concept 2023 Q1 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $43.28M $56.87M
YoY Change -80.81% -79.24%
Cash & Equivalents $43.28M $54.87M
Short-Term Investments $0.00 $2.008M
Other Short-Term Assets $12.06M $14.47M
YoY Change 2.18% 113.75%
Inventory $180.7M $182.6M
Prepaid Expenses
Receivables $198.4M $187.3M
Other Receivables $0.00 $0.00
Total Short-Term Assets $434.5M $441.3M
YoY Change -25.63% -23.39%
LONG-TERM ASSETS
Property, Plant & Equipment $358.1M $353.4M
YoY Change 28.87% 30.4%
Goodwill $185.1M $184.4M
YoY Change 51.9% 51.37%
Intangibles
YoY Change
Long-Term Investments $4.429M $4.371M
YoY Change -25.58% -53.33%
Other Assets $4.234M $3.987M
YoY Change 47.12% 74.72%
Total Long-Term Assets $790.4M $786.2M
YoY Change 46.64% 46.72%
TOTAL ASSETS
Total Short-Term Assets $434.5M $441.3M
Total Long-Term Assets $790.4M $786.2M
Total Assets $1.225B $1.228B
YoY Change 9.05% 10.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $85.51M $91.61M
YoY Change -15.54% 0.66%
Accrued Expenses $10.45M $9.642M
YoY Change 61.83% -27.54%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $226.0K $128.0K
YoY Change 77.95% -12.33%
Total Short-Term Liabilities $159.1M $160.2M
YoY Change -3.99% 1.32%
LONG-TERM LIABILITIES
Long-Term Debt $92.00M $92.00M
YoY Change 27280.95% 25888.7%
Other Long-Term Liabilities $3.613M $3.575M
YoY Change 694.07% 741.18%
Total Long-Term Liabilities $95.61M $95.58M
YoY Change 20913.85% 22388.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $159.1M $160.2M
Total Long-Term Liabilities $95.61M $95.58M
Total Liabilities $254.7M $255.8M
YoY Change 53.29% 61.33%
SHAREHOLDERS EQUITY
Retained Earnings $769.4M $776.0M
YoY Change -0.79% -1.07%
Common Stock $100.6M $96.55M
YoY Change 14.77% 28.07%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $858.3M $859.7M
YoY Change
Total Liabilities & Shareholders Equity $1.225B $1.228B
YoY Change 9.05% 10.4%

Cashflow Statement

Concept 2023 Q1 2022 Q4
OPERATING ACTIVITIES
Net Income $6.871M $6.633M
YoY Change 110.06% -40.19%
Depreciation, Depletion And Amortization $15.44M $15.18M
YoY Change 23.13% 21.34%
Cash From Operating Activities $14.26M $21.41M
YoY Change -144.72% 292.56%
INVESTING ACTIVITIES
Capital Expenditures $18.21M $30.91M
YoY Change -5.17% 91.99%
Acquisitions
YoY Change
Other Investing Activities $2.068M $4.029M
YoY Change -55.85%
Cash From Investing Activities -$16.15M -$26.88M
YoY Change 11.18% 210.08%
FINANCING ACTIVITIES
Cash Dividend Paid $13.45M
YoY Change 11.37%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -10.72M $24.79M
YoY Change 887.93% -316.57%
NET CHANGE
Cash From Operating Activities 14.26M $21.41M
Cash From Investing Activities -16.15M -$26.88M
Cash From Financing Activities -10.72M $24.79M
Net Change In Cash -12.60M $19.69M
YoY Change -73.46% -233.62%
FREE CASH FLOW
Cash From Operating Activities $14.26M $21.41M
Capital Expenditures $18.21M $30.91M
Free Cash Flow -$3.953M -$9.500M
YoY Change -92.26% -10.76%

Facts In Submission

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300000 usd
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86459000 usd
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CY2022Q4 us-gaap Inventory Supplies Net Of Reserves
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CY2022Q4 us-gaap Inventory Parts And Components Net Of Reserves
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CY2022Q3 us-gaap Inventory Parts And Components Net Of Reserves
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35867000 usd
CY2022Q4 us-gaap Inventory Net
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182642000 usd
CY2022Q3 us-gaap Inventory Net
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CY2022Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
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CY2021Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
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318490000 usd
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30910000 usd
CY2021Q4 us-gaap Payments To Acquire Property Plant And Equipment
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16100000 usd
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19925000 usd
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1700000 usd
CY2021Q4 us-gaap Amortization Of Intangible Assets
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Goodwill
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1998000 usd
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4011000 usd
CY2022Q3 us-gaap Held To Maturity Securities Fair Value
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3300000 usd
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7200000 usd
CY2022Q4 us-gaap Marketable Securities Gain Loss
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2000000.0 usd
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124000 usd
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FinanceLeaseLiabilityNoncurrent
303000 usd
CY2022Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
254000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
431000 usd
CY2022Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
378000 usd
CY2022Q4 jjsf Finance Lease Liability To Be Paid After Year Four
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0 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
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62587000 usd
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0.034 pure
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0.033 pure
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0.032 pure
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3972000 usd
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1458000 usd
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34000 usd
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72000 usd
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2000 usd
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FinanceLeaseInterestExpense
5000 usd
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36000 usd
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77000 usd
CY2022Q4 us-gaap Short Term Lease Cost
ShortTermLeaseCost
0 usd
CY2021Q4 us-gaap Short Term Lease Cost
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0 usd
CY2022Q4 us-gaap Lease Cost
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4008000 usd
CY2021Q4 us-gaap Lease Cost
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1535000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
397000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
7485000 usd
CY2022Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
28000 usd
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55102000 usd
CY2022Q4 us-gaap Finance Lease Liability
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431000 usd
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P5Y9M18D
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P3Y3M18D
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P5Y9M18D
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
50063000 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
51137000 usd
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13219000 usd
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13524000 usd
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41883000 usd
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42660000 usd
CY2022Q4 us-gaap Operating Lease Liability
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55102000 usd
CY2022Q3 us-gaap Operating Lease Liability
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56184000 usd
CY2022Q4 us-gaap Operating Lease Payments
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3918000 usd
CY2021Q4 us-gaap Operating Lease Payments
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1534000 usd
CY2022Q4 us-gaap Finance Lease Principal Payments
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2000 usd
CY2021Q4 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
5000 usd
CY2022Q4 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
39000 usd
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FinanceLeaseInterestPaymentOnLiability
74000 usd
CY2022Q4 jjsf Right Of Use Asset Obtained In Exchange For Lease Liability
RightOfUseAssetObtainedInExchangeForLeaseLiability
2676000 usd
CY2021Q4 jjsf Right Of Use Asset Obtained In Exchange For Lease Liability
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1143000 usd
CY2022Q4 jjsf Lease Liabilities Removed Due To Purchase Of Leased Asset
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0 usd
CY2021Q4 jjsf Lease Liabilities Removed Due To Purchase Of Leased Asset
LeaseLiabilitiesRemovedDueToPurchaseOfLeasedAsset
0 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
13095000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
142000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
12964000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
133000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
9488000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
73000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6238000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
59000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5256000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
52000 usd
CY2022Q4 jjsf Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
15546000 usd
CY2022Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y3M18D
CY2022Q4 us-gaap Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
4000000.0 usd
CY2022Q3 us-gaap Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
2900000 usd

Files In Submission

Name View Source Status
jjsf-20221224_def.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
jjsf-20221224_pre.xml Edgar Link unprocessable
R4.htm Edgar Link pending
0001437749-23-002375-index-headers.html Edgar Link pending
0001437749-23-002375-index.html Edgar Link pending
0001437749-23-002375.txt Edgar Link pending
0001437749-23-002375-xbrl.zip Edgar Link pending
ex_467198.htm Edgar Link pending
ex_467199.htm Edgar Link pending
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