2012 Q2 Form 10-K Financial Statement
#000119312513352262 Filed on August 29, 2013
Income Statement
| Concept | 2012 Q2 | 2012 Q1 | 2011 Q4 |
|---|---|---|---|
| Revenue | $131.5M | $271.1M | $311.8M |
| YoY Change | -48.63% | 7.32% | -1.39% |
| Cost Of Revenue | $87.20M | $217.3M | $241.9M |
| YoY Change | -56.94% | 8.6% | 1.64% |
| Gross Profit | $44.30M | $53.80M | $69.90M |
| YoY Change | -17.35% | 2.48% | -10.61% |
| Gross Profit Margin | 33.69% | 19.85% | 22.42% |
| Selling, General & Admin | $7.300M | $25.80M | $26.10M |
| YoY Change | -68.26% | 11.69% | 0.0% |
| % of Gross Profit | 16.48% | 47.96% | 37.34% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $5.100M | $5.100M | $5.100M |
| YoY Change | 15.91% | 8.51% | 6.25% |
| % of Gross Profit | 11.51% | 9.48% | 7.3% |
| Operating Expenses | $7.300M | $25.80M | $26.20M |
| YoY Change | -68.12% | 12.17% | 0.38% |
| Operating Profit | $37.00M | $28.00M | $43.70M |
| YoY Change | 20.52% | -5.08% | -16.12% |
| Interest Expense | $0.00 | $0.00 | $0.00 |
| YoY Change | -100.0% | -100.0% | |
| % of Operating Profit | 0.0% | 0.0% | 0.0% |
| Other Income/Expense, Net | -$2.700M | $0.00 | $2.700M |
| YoY Change | -120.15% | ||
| Pretax Income | $34.30M | $28.00M | $46.40M |
| YoY Change | -22.05% | -5.08% | -12.62% |
| Income Tax | $11.80M | $9.800M | $16.10M |
| % Of Pretax Income | 34.4% | 35.0% | 34.7% |
| Net Earnings | $26.00M | $18.20M | $30.37M |
| YoY Change | -11.24% | -6.19% | -12.88% |
| Net Earnings / Revenue | 19.77% | 6.71% | 9.74% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $0.95 | $0.67 | $1.11 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 27.22M | 27.21M | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2012 Q2 | 2012 Q1 | 2011 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $191.6M | $168.0M | $162.4M |
| YoY Change | 44.82% | 55.99% | 36.36% |
| Cash & Equivalents | $191.6M | $168.0M | $162.4M |
| Short-Term Investments | |||
| Other Short-Term Assets | $17.10M | $24.00M | $19.30M |
| YoY Change | -32.41% | -12.73% | -11.87% |
| Inventory | $109.7M | $100.3M | $93.30M |
| Prepaid Expenses | |||
| Receivables | $73.30M | $86.50M | $84.20M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $391.7M | $378.8M | $359.3M |
| YoY Change | 17.56% | 19.42% | 11.34% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $184.1M | $184.0M | $185.8M |
| YoY Change | -0.65% | 1.6% | 7.84% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $9.700M | $5.900M | $6.000M |
| YoY Change | 79.63% | 25.53% | 25.0% |
| Total Long-Term Assets | $290.9M | $287.3M | $289.4M |
| YoY Change | 0.71% | 1.09% | 4.89% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $391.7M | $378.8M | $359.3M |
| Total Long-Term Assets | $290.9M | $287.3M | $289.4M |
| Total Assets | $682.6M | $666.1M | $648.7M |
| YoY Change | 9.73% | 10.76% | 8.37% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $40.70M | $43.50M | $37.20M |
| YoY Change | -4.46% | 8.75% | 0.0% |
| Accrued Expenses | $32.00M | $37.40M | $35.90M |
| YoY Change | -4.76% | -2.6% | 1.13% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $72.70M | $80.80M | $73.10M |
| YoY Change | -4.59% | 3.19% | 0.55% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | $31.60M | $13.80M | $13.80M |
| YoY Change | 132.35% | -17.37% | -25.81% |
| Total Long-Term Liabilities | $31.60M | $13.80M | $13.80M |
| YoY Change | 132.35% | -17.37% | -25.81% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $72.70M | $80.80M | $73.10M |
| Total Long-Term Liabilities | $31.60M | $13.80M | $13.80M |
| Total Liabilities | $118.4M | $113.5M | $105.3M |
| YoY Change | 13.19% | 9.56% | 7.45% |
| 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 | $564.3M | $552.5M | $543.4M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $682.6M | $666.1M | $648.7M |
| YoY Change | 9.73% | 10.76% | 8.37% |
Cashflow Statement
| Concept | 2012 Q2 | 2012 Q1 | 2011 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $26.00M | $18.20M | $30.37M |
| YoY Change | -11.24% | -6.19% | -12.88% |
| Depreciation, Depletion And Amortization | $5.100M | $5.100M | $5.100M |
| YoY Change | 15.91% | 8.51% | 6.25% |
| Cash From Operating Activities | $37.20M | $18.60M | $49.00M |
| YoY Change | -24.85% | -17.33% | -25.98% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$4.100M | -$3.100M | -$4.800M |
| YoY Change | -51.19% | -75.59% | -36.0% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $200.0K | $0.00 | -$100.0K |
| YoY Change | -133.33% | -100.0% | |
| Cash From Investing Activities | -$3.900M | -$3.100M | -$4.900M |
| YoY Change | -57.61% | -75.59% | -35.53% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -9.700M | -9.900M | -10.00M |
| YoY Change | -38.22% | -53.3% | -62.96% |
| NET CHANGE | |||
| Cash From Operating Activities | 37.20M | 18.60M | 49.00M |
| Cash From Investing Activities | -3.900M | -3.100M | -4.900M |
| Cash From Financing Activities | -9.700M | -9.900M | -10.00M |
| Net Change In Cash | 23.60M | 5.600M | 34.10M |
| YoY Change | -4.07% | -149.12% | 7.91% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $37.20M | $18.60M | $49.00M |
| Capital Expenditures | -$4.100M | -$3.100M | -$4.800M |
| Free Cash Flow | $41.30M | $21.70M | $53.80M |
| YoY Change | -28.67% | -38.35% | -27.0% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2013Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.80 | |
| CY2013Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.93 | |
| CY2013Q2 | us-gaap |
Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
|
9156000 | |
| CY2011 | lanc |
Valuation Allowances And Reserves Deductions Net Of Recoveries
ValuationAllowancesAndReservesDeductionsNetOfRecoveries
|
11000 | |
| CY2012 | lanc |
Valuation Allowances And Reserves Deductions Net Of Recoveries
ValuationAllowancesAndReservesDeductionsNetOfRecoveries
|
20000 | |
| CY2013 | lanc |
Valuation Allowances And Reserves Deductions Net Of Recoveries
ValuationAllowancesAndReservesDeductionsNetOfRecoveries
|
34000 | |
| CY2011Q2 | us-gaap |
Assets
Assets
|
622089000 | |
| CY2012Q2 | us-gaap |
Assets
Assets
|
682635000 | |
| CY2013Q2 | us-gaap |
Assets
Assets
|
619964000 | |
| CY2011Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.78 | |
| CY2012 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
3.51 | |
| CY2011Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.11 | |
| CY2012Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.67 | |
| CY2012Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.95 | |
| CY2012Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.98 | |
| CY2013 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
3.99 | |
| CY2012Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.28 | |
| CY2011Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
30373000 | |
| CY2011 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
147004000 | |
| CY2012 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
143287000 | |
| CY2013 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
161906000 |
