2019 Q2 Form 10-Q Financial Statement

#000169402819000038 Filed on August 01, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2
Revenue $542.1M $628.1M
YoY Change -13.68% 81.15%
Cost Of Revenue $426.4M $455.5M
YoY Change -6.37% 70.19%
Gross Profit $115.7M $172.6M
YoY Change -32.97% 118.23%
Gross Profit Margin 21.34% 27.48%
Selling, General & Admin $24.00M $27.30M
YoY Change -12.09% 36.5%
% of Gross Profit 20.74% 15.82%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $40.37M $30.61M
YoY Change 31.9% 74.68%
% of Gross Profit 34.89% 17.73%
Operating Expenses $64.40M $57.90M
YoY Change 11.23% 53.99%
Operating Profit $51.20M $114.2M
YoY Change -55.17% 174.9%
Interest Expense $3.597M $3.540M
YoY Change 1.61% 40.98%
% of Operating Profit 7.02% 3.1%
Other Income/Expense, Net
YoY Change
Pretax Income $47.60M $110.7M
YoY Change -57.0% 183.85%
Income Tax $7.083M $15.93M
% Of Pretax Income 14.88% 14.39%
Net Earnings $22.03M $49.60M
YoY Change -55.58% 27.05%
Net Earnings / Revenue 4.06% 7.9%
Basic Earnings Per Share $0.32 $0.72
Diluted Earnings Per Share $0.32 $0.71
COMMON SHARES
Basic Shares Outstanding 68.40M shares 69.02M shares
Diluted Shares Outstanding 114.3M shares 118.6M shares

Balance Sheet

Concept 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $32.50M $83.30M
YoY Change -60.98% 13783.33%
Cash & Equivalents $32.50M $83.33M
Short-Term Investments
Other Short-Term Assets $20.30M $29.20M
YoY Change -30.48% 72.78%
Inventory $86.81M $62.37M
Prepaid Expenses
Receivables $248.2M $221.5M
Other Receivables $0.00 $4.200M
Total Short-Term Assets $486.0M $518.8M
YoY Change -6.32% 77.3%
LONG-TERM ASSETS
Property, Plant & Equipment $647.6M $561.0M
YoY Change 15.44% 26.3%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $33.57M $11.75M
YoY Change 185.68% 389.63%
Total Long-Term Assets $817.4M $572.8M
YoY Change 42.7% 28.25%
TOTAL ASSETS
Total Short-Term Assets $486.0M $518.8M
Total Long-Term Assets $817.4M $572.8M
Total Assets $1.303B $1.092B
YoY Change 19.41% 47.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $108.1M $93.29M
YoY Change 15.88% 2.07%
Accrued Expenses $144.0M $108.2M
YoY Change 33.09% -7.76%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $397.0K $375.0K
YoY Change 5.87% -97.41%
Total Short-Term Liabilities $270.7M $205.7M
YoY Change 31.6% -7.84%
LONG-TERM LIABILITIES
Long-Term Debt $106.4M $106.8M
YoY Change -0.43% -23.36%
Other Long-Term Liabilities $64.10M $2.300M
YoY Change 2686.96%
Total Long-Term Liabilities $106.4M $106.8M
YoY Change -0.43% -23.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $270.7M $205.7M
Total Long-Term Liabilities $106.4M $106.8M
Total Liabilities $510.9M $352.1M
YoY Change 45.13% -2.91%
SHAREHOLDERS EQUITY
Retained Earnings $152.3M $73.27M
YoY Change 107.89%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $471.5M $423.9M
YoY Change
Total Liabilities & Shareholders Equity $1.303B $1.092B
YoY Change 19.41% 47.67%

Cashflow Statement

Concept 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income $22.03M $49.60M
YoY Change -55.58% 27.05%
Depreciation, Depletion And Amortization $40.37M $30.61M
YoY Change 31.9% 74.68%
Cash From Operating Activities $48.20M $78.50M
YoY Change -38.6% -302.84%
INVESTING ACTIVITIES
Capital Expenditures -$64.10M -$85.90M
YoY Change -25.38% 6.97%
Acquisitions
YoY Change
Other Investing Activities $200.0K $2.700M
YoY Change -92.59%
Cash From Investing Activities -$63.90M -$83.10M
YoY Change -23.1% 3.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -10.60M -10.10M
YoY Change 4.95% -109.46%
NET CHANGE
Cash From Operating Activities 48.20M 78.50M
Cash From Investing Activities -63.90M -83.10M
Cash From Financing Activities -10.60M -10.10M
Net Change In Cash -26.30M -14.70M
YoY Change 78.91% 20.49%
FREE CASH FLOW
Cash From Operating Activities $48.20M $78.50M
Capital Expenditures -$64.10M -$85.90M
Free Cash Flow $112.3M $164.4M
YoY Change -31.69% 295.19%

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0001694028-19-000038.txt Edgar Link pending
0001694028-19-000038-xbrl.zip Edgar Link pending
a311certification-10xq22019.htm Edgar Link pending
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