2016 Form 10-K Financial Statement
#000149315219003304 Filed on March 14, 2019
Income Statement
| Concept | 2016 |
|---|---|
| Revenue | $29.23M |
| YoY Change | 0.8% |
| Cost Of Revenue | |
| YoY Change | |
| Gross Profit | |
| YoY Change | |
| Gross Profit Margin | |
| Selling, General & Admin | |
| YoY Change | |
| % of Gross Profit | |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $2.540M |
| YoY Change | 0.79% |
| % of Gross Profit | |
| Operating Expenses | |
| YoY Change | |
| Operating Profit | |
| YoY Change | |
| Interest Expense | $3.191M |
| YoY Change | 3.57% |
| % of Operating Profit | |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | $11.28M |
| YoY Change | -21.81% |
| Income Tax | $2.314M |
| % Of Pretax Income | 20.52% |
| Net Earnings | $8.961M |
| YoY Change | -14.71% |
| Net Earnings / Revenue | 30.66% |
| Basic Earnings Per Share | $2.13 |
| Diluted Earnings Per Share | $2.10 |
| COMMON SHARES | |
| Basic Shares Outstanding | 3.807M shares |
| Diluted Shares Outstanding | 3.872M shares |
Balance Sheet
| Concept | 2016 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | |
| YoY Change | |
| Cash & Equivalents | |
| Short-Term Investments | |
| Other Short-Term Assets | |
| YoY Change | |
| Inventory | |
| Prepaid Expenses | |
| Receivables | |
| Other Receivables | |
| Total Short-Term Assets | |
| YoY Change | |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $20.40M |
| YoY Change | -2.86% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | |
| YoY Change | |
| Total Long-Term Assets | |
| YoY Change | |
| TOTAL ASSETS | |
| Total Short-Term Assets | |
| Total Long-Term Assets | |
| Total Assets | $911.4M |
| YoY Change | 3.76% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | |
| YoY Change | |
| Accrued Expenses | |
| YoY Change | |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | |
| YoY Change | |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $33.80M |
| YoY Change | 2.11% |
| Other Long-Term Liabilities | $12.00M |
| YoY Change | -3.23% |
| Total Long-Term Liabilities | $45.80M |
| YoY Change | 0.66% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | |
| Total Long-Term Liabilities | $45.80M |
| Total Liabilities | $826.4M |
| YoY Change | 3.58% |
| 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 | $85.00M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $911.4M |
| YoY Change | 3.76% |
Cashflow Statement
| Concept | 2016 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $8.961M |
| YoY Change | -14.71% |
| Depreciation, Depletion And Amortization | $2.540M |
| YoY Change | 0.79% |
| Cash From Operating Activities | $19.02M |
| YoY Change | 170.17% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | $596.0K |
| YoY Change | -51.27% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | -$39.69M |
| YoY Change | 455.1% |
| Cash From Investing Activities | -$40.28M |
| YoY Change | 381.24% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 27.69M |
| YoY Change | 1193.93% |
| NET CHANGE | |
| Cash From Operating Activities | 19.02M |
| Cash From Investing Activities | -40.28M |
| Cash From Financing Activities | 27.69M |
| Net Change In Cash | 6.430M |
| YoY Change | 693.83% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $19.02M |
| Capital Expenditures | $596.0K |
| Free Cash Flow | $18.42M |
| YoY Change | 216.73% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2018 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.39 | |
| CY2018 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
3325000 | USD |
| CY2017 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.01 | |
| CY2018 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.40 | |
| CY2016 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.10 | |
| CY2018 | dei |
Entity Small Business
EntitySmallBusiness
|
true | |
| CY2016 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.13 | |
| CY2017 | us-gaap |
Gain Loss On Sale Of Capital Leases Net
GainLossOnSaleOfCapitalLeasesNet
|
604000 | USD |
| CY2018 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
20000 | USD |
| CY2017 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.02 | |
| CY2017 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
3108000 | USD |
| CY2016 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
2912000 | USD |
| CY2018 | LARK |
Loan Servicing Fees
LoanServicingFees
|
1350000 | USD |
| CY2017 | LARK |
Loan Servicing Fees
LoanServicingFees
|
1305000 | USD |
| CY2018 | us-gaap |
Gain Loss On Sale Of Capital Leases Net
GainLossOnSaleOfCapitalLeasesNet
|
630000 | USD |
| CY2017 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
498000 | USD |
| CY2018 | us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
5023000 | USD |
| CY2017 | us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
5390000 | USD |
