2009 Q4 Form 10-K Financial Statement

#000095012311015947 Filed on February 22, 2011

View on sec.gov

Income Statement

Concept 2009 Q4 2008 2007 Q4
Revenue $237.0M $1.508B $360.5M
YoY Change -27.41% 0.25% 7.26%
Cost Of Revenue $182.2M $1.401B $296.7M
YoY Change -48.89% 11.96% 2.81%
Gross Profit $54.80M $107.5M $63.80M
YoY Change -282.67% -57.58% 34.32%
Gross Profit Margin 23.12% 7.13% 17.7%
Selling, General & Admin $17.80M $73.10M $17.10M
YoY Change 20.27% 0.0% -2.29%
% of Gross Profit 32.48% 68.0% 26.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.600M $14.70M $5.300M
YoY Change -7.69% 5.0% 89.29%
% of Gross Profit 6.57% 13.67% 8.31%
Operating Expenses $21.90M $86.20M $20.80M
YoY Change 18.38% 14.48% -0.48%
Operating Profit $32.90M -$91.00M $43.00M
YoY Change -167.84% -151.09% 61.65%
Interest Expense $0.00 $1.000M -$2.100M
YoY Change -100.0% 0.0% 90.91%
% of Operating Profit 0.0% -4.88%
Other Income/Expense, Net $500.0K $700.0K $600.0K
YoY Change -266.67% -216.67% -66.67%
Pretax Income $34.40M -$91.30M $41.50M
YoY Change -121.35% -150.05% 52.01%
Income Tax $10.30M -$22.80M $17.10M
% Of Pretax Income 29.94% 41.2%
Net Earnings $24.10M -$68.50M $24.40M
YoY Change -122.25% -167.82% 105.04%
Net Earnings / Revenue 10.17% -4.54% 6.77%
Basic Earnings Per Share -$3.45
Diluted Earnings Per Share $1.236M -$3.45 $1.196M
COMMON SHARES
Basic Shares Outstanding 19.98K shares
Diluted Shares Outstanding 19.98K shares

Balance Sheet

Concept 2009 Q4 2008 2007 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $30.30M $200.0K $68.70M
YoY Change 15050.0% -99.71% 37.4%
Cash & Equivalents $30.30M $200.0K $68.70M
Short-Term Investments
Other Short-Term Assets $2.200M $128.4M $66.00M
YoY Change -98.29% 94.55% 61.76%
Inventory $125.2M $172.3M $207.6M
Prepaid Expenses
Receivables $83.70M $110.2M $106.0M
Other Receivables $2.200M $17.60M $6.300M
Total Short-Term Assets $300.7M $428.7M $454.6M
YoY Change -29.86% -5.7% 18.11%
LONG-TERM ASSETS
Property, Plant & Equipment $338.9M $296.7M $222.7M
YoY Change 14.22% 33.23% 30.77%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $41.30M
YoY Change 122.04%
Other Assets $41.20M $420.0M $446.6M
YoY Change -90.19% -5.96% 447.3%
Total Long-Term Assets $784.8M $716.7M $710.6M
YoY Change 9.5% 0.86% 162.7%
TOTAL ASSETS
Total Short-Term Assets $300.7M $428.7M $454.6M
Total Long-Term Assets $784.8M $716.7M $710.6M
Total Assets $1.086B $1.145B $1.165B
YoY Change -5.23% -1.7% 77.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $49.00M $79.90M $88.70M
YoY Change -38.67% -9.92% -0.78%
Accrued Expenses $65.20M $54.80M $76.70M
YoY Change -57.96% -6.8% -0.65%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $4.000M $0.00
YoY Change -25.93%
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $123.2M $235.0M $165.4M
YoY Change -47.57% 42.08% -6.24%
LONG-TERM LIABILITIES
Long-Term Debt $7.100M $43.00M $0.00
YoY Change -83.49% -100.0%
Other Long-Term Liabilities $53.70M $79.30M $57.00M
YoY Change -32.28% 39.12% -2.23%
Total Long-Term Liabilities $60.80M $122.3M $57.00M
YoY Change -50.29% 114.56% -47.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $123.2M $235.0M $165.4M
Total Long-Term Liabilities $60.80M $122.3M $57.00M
Total Liabilities $184.3M $357.3M $222.4M
YoY Change -48.42% 60.66% -21.88%
SHAREHOLDERS EQUITY
Retained Earnings $85.00M
YoY Change
Common Stock $968.0M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $28.10M
YoY Change
Treasury Stock Shares 572.7K shares
Shareholders Equity $870.3M $788.1M $942.8M
YoY Change
Total Liabilities & Shareholders Equity $1.086B $1.145B $1.165B
YoY Change -5.23% -1.7% 77.78%

Cashflow Statement

Concept 2009 Q4 2008 2007 Q4
OPERATING ACTIVITIES
Net Income $24.10M -$68.50M $24.40M
YoY Change -122.25% -167.82% 105.04%
Depreciation, Depletion And Amortization $3.600M $14.70M $5.300M
YoY Change -7.69% 5.0% 89.29%
Cash From Operating Activities $8.500M $46.90M $40.20M
YoY Change -80.41% -63.81% 152.83%
INVESTING ACTIVITIES
Capital Expenditures -$8.200M -$93.20M -$18.70M
YoY Change -74.53% 50.81% 1.63%
Acquisitions
YoY Change
Other Investing Activities $400.0K -$19.30M -$200.0K
YoY Change -102.6% -309.78%
Cash From Investing Activities -$7.800M -$112.5M -$18.90M
YoY Change -83.61% 113.88% 2.72%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $28.10M
YoY Change -4114.29%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.000M -$2.900M -54.00M
YoY Change -251.52% -95.03% 26900.0%
NET CHANGE
Cash From Operating Activities 8.500M 46.90M 40.20M
Cash From Investing Activities -7.800M -$112.5M -18.90M
Cash From Financing Activities -5.000M -$2.900M -54.00M
Net Change In Cash -4.300M -$115.4M -32.70M
YoY Change 377.78% -717.11% 1111.11%
FREE CASH FLOW
Cash From Operating Activities $8.500M $46.90M $40.20M
Capital Expenditures -$8.200M -$93.20M -$18.70M
Free Cash Flow $16.70M $140.1M $58.90M
YoY Change -77.91% -26.8% 71.72%

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44200000 USD
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19600000 USD
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