2012 Q1 Form 10-Q Financial Statement

#000110465912032628 Filed on May 03, 2012

View on sec.gov

Income Statement

Concept 2012 Q1 2011 Q1
Revenue $209.5M $122.8M
YoY Change 70.6% 78.75%
Cost Of Revenue $151.7M $95.40M
YoY Change 59.01% 78.65%
Gross Profit $57.40M $27.40M
YoY Change 109.49% 79.08%
Gross Profit Margin 27.4% 22.31%
Selling, General & Admin $44.20M $19.60M
YoY Change 125.51% 100.0%
% of Gross Profit 77.0% 71.53%
Research & Development $3.600M $600.0K
YoY Change 500.0% 0.0%
% of Gross Profit 6.27% 2.19%
Depreciation & Amortization $13.60M $4.800M
YoY Change 183.33% 152.63%
% of Gross Profit 23.69% 17.52%
Operating Expenses $47.80M $20.20M
YoY Change 136.63% 72.65%
Operating Profit $9.100M $1.400M
YoY Change 550.0% -61.11%
Interest Expense -$16.10M -$6.700M
YoY Change 140.3% 71.79%
% of Operating Profit -176.92% -478.57%
Other Income/Expense, Net -$15.70M -$6.400M
YoY Change 145.31% -3300.0%
Pretax Income -$6.600M -$5.000M
YoY Change 32.0% 4900.0%
Income Tax -$4.100M -$1.200M
% Of Pretax Income
Net Earnings -$3.000M -$3.500M
YoY Change -14.29% -1850.0%
Net Earnings / Revenue -1.43% -2.85%
Basic Earnings Per Share -$0.09 -$0.17
Diluted Earnings Per Share -$0.09 -$0.17
COMMON SHARES
Basic Shares Outstanding 32.50M shares 21.30M shares
Diluted Shares Outstanding 32.50M shares 21.30M shares

Balance Sheet

Concept 2012 Q1 2011 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $74.20M $45.50M
YoY Change 63.08% 622.22%
Cash & Equivalents $74.20M $45.50M
Short-Term Investments
Other Short-Term Assets $34.80M $134.0M
YoY Change -74.03% 938.76%
Inventory $84.00M $72.40M
Prepaid Expenses
Receivables $255.5M $161.8M
Other Receivables $0.00 $0.00
Total Short-Term Assets $448.6M $413.7M
YoY Change 8.44% 264.49%
LONG-TERM ASSETS
Property, Plant & Equipment $72.20M $58.10M
YoY Change 24.27% 1352.5%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $25.10M $20.10M
YoY Change 24.88% 570.0%
Total Long-Term Assets $788.8M $569.7M
YoY Change 38.46% 300.07%
TOTAL ASSETS
Total Short-Term Assets $448.6M $413.7M
Total Long-Term Assets $788.8M $569.7M
Total Assets $1.237B $983.4M
YoY Change 25.83% 284.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $58.70M $57.50M
YoY Change 2.09% 199.48%
Accrued Expenses $110.6M $73.60M
YoY Change 50.27% 172.59%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $238.8M $171.1M
YoY Change 39.57% 119.36%
LONG-TERM LIABILITIES
Long-Term Debt $652.3M $516.5M
YoY Change 26.29% 969.36%
Other Long-Term Liabilities $35.40M $47.90M
YoY Change -26.1% 1308.82%
Total Long-Term Liabilities $687.7M $564.4M
YoY Change 21.85% 991.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $238.8M $171.1M
Total Long-Term Liabilities $687.7M $564.4M
Total Liabilities $926.7M $752.4M
YoY Change 23.17% 480.11%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $310.7M $231.0M
YoY Change
Total Liabilities & Shareholders Equity $1.237B $983.4M
YoY Change 25.83% 284.29%

Cashflow Statement

Concept 2012 Q1 2011 Q1
OPERATING ACTIVITIES
Net Income -$3.000M -$3.500M
YoY Change -14.29% -1850.0%
Depreciation, Depletion And Amortization $13.60M $4.800M
YoY Change 183.33% 152.63%
Cash From Operating Activities $29.30M -$3.300M
YoY Change -987.88% 200.0%
INVESTING ACTIVITIES
Capital Expenditures -$2.700M -$500.0K
YoY Change 440.0%
Acquisitions $21.50M $224.1M
YoY Change -90.41%
Other Investing Activities -$21.10M -$325.2M
YoY Change -93.51% 108300.0%
Cash From Investing Activities -$23.80M -$325.7M
YoY Change -92.69% 108466.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $61.10M
YoY Change 10083.33%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -400.0K 363.7M
YoY Change -100.11% -16631.82%
NET CHANGE
Cash From Operating Activities 29.30M -3.300M
Cash From Investing Activities -23.80M -325.7M
Cash From Financing Activities -400.0K 363.7M
Net Change In Cash 5.100M 34.70M
YoY Change -85.3% -1063.89%
FREE CASH FLOW
Cash From Operating Activities $29.30M -$3.300M
Capital Expenditures -$2.700M -$500.0K
Free Cash Flow $32.00M -$2.800M
YoY Change -1242.86%

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