2024 Q2 Form 10-Q Financial Statement

#000005751524000012 Filed on May 02, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $452.8M $471.4M
YoY Change -0.4% 1.4%
Cost Of Revenue $355.2M $367.0M
YoY Change -1.74% -1.01%
Gross Profit $97.62M $104.5M
YoY Change 4.77% 10.88%
Gross Profit Margin 21.56% 22.16%
Selling, General & Admin $53.19M $57.21M
YoY Change -5.19% -11.75%
% of Gross Profit 54.49% 54.75%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.00M $14.37M
YoY Change -3.73% 5.24%
% of Gross Profit 14.34% 13.75%
Operating Expenses $53.19M $57.21M
YoY Change -6.23% -11.75%
Operating Profit $44.42M $35.15M
YoY Change 21.9% 19.51%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $2.122M $1.748M
YoY Change 117.86% 187.97%
Pretax Income $43.81M $36.89M
YoY Change 251.92% 22.92%
Income Tax $8.982M $8.544M
% Of Pretax Income 20.5% 23.16%
Net Earnings $34.75M $28.35M
YoY Change 279.55% 15.46%
Net Earnings / Revenue 7.67% 6.01%
Basic Earnings Per Share $1.03
Diluted Earnings Per Share $1.27 $1.03
COMMON SHARES
Basic Shares Outstanding 27.53M shares 27.52M shares
Diluted Shares Outstanding 27.45M shares

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $163.4M $164.8M
YoY Change 84.74% 98.83%
Cash & Equivalents $163.4M $164.8M
Short-Term Investments
Other Short-Term Assets $11.74M $12.25M
YoY Change -7.99% -47.74%
Inventory $173.3M $161.1M
Prepaid Expenses
Receivables $95.56M $102.6M
Other Receivables $0.00 $0.00
Total Short-Term Assets $444.0M $440.7M
YoY Change 18.57% 12.56%
LONG-TERM ASSETS
Property, Plant & Equipment $477.7M $483.7M
YoY Change -0.94% -0.28%
Goodwill $208.4M $208.4M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $21.74M $20.41M
YoY Change 18.36% 16.34%
Total Long-Term Assets $762.9M $731.3M
YoY Change 3.3% -4.56%
TOTAL ASSETS
Total Short-Term Assets $444.0M $440.7M
Total Long-Term Assets $762.9M $731.3M
Total Assets $1.207B $1.172B
YoY Change 8.44% 1.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $118.8M $120.5M
YoY Change 6.31% -12.94%
Accrued Expenses $65.16M $69.26M
YoY Change 14.32% 19.41%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $184.0M $189.8M
YoY Change 9.02% -3.39%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $15.36M $15.22M
YoY Change -13.15% -19.43%
Total Long-Term Liabilities $15.36M $15.22M
YoY Change -13.15% -19.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $184.0M $189.8M
Total Long-Term Liabilities $15.36M $15.22M
Total Liabilities $199.3M $205.0M
YoY Change 6.91% -4.8%
SHAREHOLDERS EQUITY
Retained Earnings $1.565B $1.555B
YoY Change 4.03% 2.4%
Common Stock $153.6M $151.2M
YoY Change 6.77% 6.43%
Preferred Stock
YoY Change
Treasury Stock (at cost) $783.8M $783.8M
YoY Change 0.98% 0.98%
Treasury Stock Shares
Shareholders Equity $925.8M $912.9M
YoY Change
Total Liabilities & Shareholders Equity $1.207B $1.172B
YoY Change 8.44% 1.23%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $34.75M $28.35M
YoY Change 279.55% 15.46%
Depreciation, Depletion And Amortization $14.00M $14.37M
YoY Change -3.73% 5.24%
Cash From Operating Activities $34.10M $75.93M
YoY Change -18.33% 73.71%
INVESTING ACTIVITIES
Capital Expenditures $15.57M $14.87M
YoY Change 37.36% -33.49%
Acquisitions
YoY Change
Other Investing Activities $5.493M -$2.270M
YoY Change -1142.31% 189.54%
Cash From Investing Activities -$10.08M -$17.14M
YoY Change -15.06% -25.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -25.34M -27.88M
YoY Change 4.37% -16.0%
NET CHANGE
Cash From Operating Activities 34.10M 75.93M
Cash From Investing Activities -10.08M -17.14M
Cash From Financing Activities -25.34M -27.88M
Net Change In Cash -1.313M 30.91M
YoY Change -123.4% -344.8%
FREE CASH FLOW
Cash From Operating Activities $34.10M $75.93M
Capital Expenditures $15.57M $14.87M
Free Cash Flow $18.53M $61.06M
YoY Change -39.07% 185.99%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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