2015 Q1 Form 10-Q Financial Statement
#000143774915008579 Filed on May 01, 2015
Income Statement
| Concept | 2015 Q1 | 2014 Q1 |
|---|---|---|
| Revenue | $1.789B | $1.078B |
| YoY Change | 65.96% | 19.38% |
| Cost Of Revenue | $1.516B | $906.0M |
| YoY Change | 67.31% | 19.75% |
| Gross Profit | $273.4M | $172.1M |
| YoY Change | 58.85% | 17.55% |
| Gross Profit Margin | 15.28% | 15.96% |
| Selling, General & Admin | $191.6M | $121.8M |
| YoY Change | 57.32% | 20.47% |
| % of Gross Profit | 70.09% | 70.77% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $9.726M | $5.500M |
| YoY Change | 76.84% | 17.02% |
| % of Gross Profit | 3.56% | 3.2% |
| Operating Expenses | $191.6M | $127.4M |
| YoY Change | 50.41% | 20.3% |
| Operating Profit | $67.90M | $44.70M |
| YoY Change | 51.9% | 10.37% |
| Interest Expense | -$9.500M | -$5.000M |
| YoY Change | 90.0% | -13.79% |
| % of Operating Profit | -13.99% | -11.19% |
| Other Income/Expense, Net | -$368.0K | $900.0K |
| YoY Change | -140.89% | 12.5% |
| Pretax Income | $58.06M | $40.70M |
| YoY Change | 42.63% | 14.34% |
| Income Tax | $17.40M | $16.00M |
| % Of Pretax Income | 29.98% | 39.31% |
| Net Earnings | $40.65M | $24.70M |
| YoY Change | 64.59% | 11.76% |
| Net Earnings / Revenue | 2.27% | 2.29% |
| Basic Earnings Per Share | $1.55 | |
| Diluted Earnings Per Share | $1.53 | $939.2K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 26.28M | |
| Diluted Shares Outstanding | 26.52M |
Balance Sheet
| Concept | 2015 Q1 | 2014 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $21.00M | $22.30M |
| YoY Change | -5.83% | 48.67% |
| Cash & Equivalents | $21.02M | $22.30M |
| Short-Term Investments | ||
| Other Short-Term Assets | $36.50M | $26.60M |
| YoY Change | 37.22% | -72.26% |
| Inventory | $1.287B | $935.9M |
| Prepaid Expenses | ||
| Receivables | $290.6M | $182.8M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $1.635B | $1.168B |
| YoY Change | 40.01% | 31.04% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $828.7M | $493.2M |
| YoY Change | 68.03% | 15.26% |
| Goodwill | $199.3M | |
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $110.7M | $53.30M |
| YoY Change | 107.69% | 15.12% |
| Total Long-Term Assets | $1.290B | $676.7M |
| YoY Change | 90.57% | 18.99% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $1.635B | $1.168B |
| Total Long-Term Assets | $1.290B | $676.7M |
| Total Assets | $2.924B | $1.844B |
| YoY Change | 58.56% | 26.35% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $76.50M | $54.10M |
| YoY Change | 41.4% | 30.99% |
| Accrued Expenses | $153.6M | $105.9M |
| YoY Change | 45.04% | 22.57% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $1.156B | $764.8M |
| YoY Change | 51.1% | 31.07% |
| Long-Term Debt Due | $40.50M | $7.300M |
| YoY Change | 454.79% | -2.67% |
| Total Short-Term Liabilities | $1.433B | $940.4M |
| YoY Change | 52.4% | 29.03% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $621.9M | $269.8M |
| YoY Change | 130.5% | 21.42% |
| Other Long-Term Liabilities | $119.9M | $77.30M |
| YoY Change | 55.11% | 26.93% |
| Total Long-Term Liabilities | $741.8M | $347.1M |
| YoY Change | 113.71% | 22.61% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $1.433B | $940.4M |
| Total Long-Term Liabilities | $741.8M | $347.1M |
| Total Liabilities | $2.217B | $1.287B |
| YoY Change | 72.17% | 27.23% |
| 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 | $707.8M | $556.8M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $2.924B | $1.844B |
| YoY Change | 58.56% | 26.35% |
Cashflow Statement
| Concept | 2015 Q1 | 2014 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $40.65M | $24.70M |
| YoY Change | 64.59% | 11.76% |
| Depreciation, Depletion And Amortization | $9.726M | $5.500M |
| YoY Change | 76.84% | 17.02% |
| Cash From Operating Activities | $38.23M | -$22.40M |
| YoY Change | -270.67% | -144.98% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $24.92M | -$12.60M |
| YoY Change | -297.75% | 90.91% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$6.000M | -$35.20M |
| YoY Change | -82.95% | 1752.63% |
| Cash From Investing Activities | -$30.94M | -$47.80M |
| YoY Change | -35.28% | 462.35% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | $4.216M | |
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | $9.304M | |
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -16.17M | 68.90M |
| YoY Change | -123.46% | -199.71% |
| NET CHANGE | ||
| Cash From Operating Activities | 38.23M | -22.40M |
| Cash From Investing Activities | -30.94M | -47.80M |
| Cash From Financing Activities | -16.17M | 68.90M |
| Net Change In Cash | -8.875M | -1.300M |
| YoY Change | 582.69% | -95.32% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $38.23M | -$22.40M |
| Capital Expenditures | $24.92M | -$12.60M |
| Free Cash Flow | $13.31M | -$9.800M |
| YoY Change | -235.84% | -117.38% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2015Q1 | us-gaap |
Goodwill
Goodwill
|
199286000 | USD |
| CY2014Q4 | us-gaap |
Goodwill
Goodwill
|
199375000 | USD |
| CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
58056000 | USD |
| CY2014Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
40704000 | USD |
| CY2013Q4 | us-gaap |
Goodwill
Goodwill
|
49511000 | USD |
