$LMAT
LEMAITRE VASCULAR INC

2016 Q4 Form 10-Q Financial Statement

#000119312516759879 Filed on November 04, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2015 Q3
Revenue $23.29M $23.22M $19.03M
YoY Change 13.69% 22.03% 8.71%
Cost Of Revenue $7.090M $6.197M $5.509M
YoY Change 16.61% 12.49% 0.2%
Gross Profit $16.19M $17.02M $13.52M
YoY Change 12.43% 25.92% 12.61%
Gross Profit Margin 69.54% 73.31% 71.04%
Selling, General & Admin $10.33M $10.14M $8.944M
YoY Change 10.36% 13.33% 0.99%
% of Gross Profit 63.79% 59.56% 66.17%
Research & Development $1.520M $1.539M $1.421M
YoY Change -3.8% 8.3% 28.13%
% of Gross Profit 9.39% 9.04% 10.51%
Depreciation & Amortization $930.0K $850.0K $830.0K
YoY Change 4.49% 2.41% 3.75%
% of Gross Profit 5.74% 4.99% 6.14%
Operating Expenses $12.29M $11.68M $10.20M
YoY Change 8.66% 14.52% 0.43%
Operating Profit $3.909M $5.344M $3.321M
YoY Change 26.38% 60.92% 79.32%
Interest Expense -$80.00K -$40.00K -$180.0K
YoY Change -260.0% -77.78% -3100.0%
% of Operating Profit -2.05% -0.75% -5.42%
Other Income/Expense, Net
YoY Change
Pretax Income $3.830M $5.307M $3.139M
YoY Change 21.97% 69.07% 65.3%
Income Tax $1.240M $2.078M $1.047M
% Of Pretax Income 32.38% 39.16% 33.35%
Net Earnings $2.597M $3.229M $2.092M
YoY Change 2.65% 54.35% 123.98%
Net Earnings / Revenue 11.15% 13.91% 11.0%
Basic Earnings Per Share $0.14 $0.17 $0.12
Diluted Earnings Per Share $0.13 $0.17 $0.11
COMMON SHARES
Basic Shares Outstanding 18.58M shares 18.52M shares 17.87M shares
Diluted Shares Outstanding 19.25M shares 18.50M shares

Balance Sheet

Concept 2016 Q4 2016 Q3 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $24.30M $34.70M $23.60M
YoY Change -11.64% 47.03% 28.26%
Cash & Equivalents $24.29M $34.65M $23.63M
Short-Term Investments
Other Short-Term Assets $4.600M $4.000M $3.100M
YoY Change 27.78% 29.03% -13.89%
Inventory $19.58M $17.43M $15.92M
Prepaid Expenses
Receivables $13.19M $12.18M $11.34M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $59.03M $68.24M $53.98M
YoY Change 1.45% 26.41% 9.19%
LONG-TERM ASSETS
Property, Plant & Equipment $8.012M $7.490M $6.788M
YoY Change 14.1% 10.34% -5.67%
Goodwill $23.43M $18.21M $17.72M
YoY Change 31.69% 2.76% 1.58%
Intangibles $9.897M $5.872M $6.656M
YoY Change 56.2% -11.78% -12.82%
Long-Term Investments
YoY Change
Other Assets $163.0K $176.0K $168.0K
YoY Change -2.98% 4.76% -3.45%
Total Long-Term Assets $42.90M $33.07M $32.64M
YoY Change 31.91% 1.34% -4.2%
TOTAL ASSETS
Total Short-Term Assets $59.03M $68.24M $53.98M
Total Long-Term Assets $42.90M $33.07M $32.64M
Total Assets $101.9M $101.3M $86.61M
YoY Change 12.37% 16.97% 3.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.217M $1.148M $931.0K
YoY Change -10.91% 23.31% -8.81%
Accrued Expenses $8.804M $10.31M $7.598M
YoY Change -0.37% 35.67% -12.36%
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 $10.48M $12.06M $8.833M
YoY Change 1.1% 36.58% -29.79%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $2.001M $872.0K $676.0K
YoY Change 158.53% 28.99% 69.0%
Total Long-Term Liabilities $2.001M $872.0K $676.0K
YoY Change 158.53% 28.99% 69.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.48M $12.06M $8.833M
Total Long-Term Liabilities $2.001M $872.0K $676.0K
Total Liabilities $14.42M $14.62M $12.43M
YoY Change 12.51% 17.62% -24.14%
SHAREHOLDERS EQUITY
Retained Earnings $15.34M $13.57M $6.356M
YoY Change 87.91% 113.47% 377.18%
Common Stock $85.58M $200.0K $195.0K
YoY Change 43340.61% 2.56% 3.72%
Preferred Stock
YoY Change
Treasury Stock (at cost) $8.830M $8.702M $8.520M
YoY Change 3.65% 2.14% 3.24%
Treasury Stock Shares 1.453M shares 1.453M shares 1.431M shares
Shareholders Equity $87.50M $86.69M $74.19M
YoY Change
Total Liabilities & Shareholders Equity $101.9M $101.3M $86.61M
YoY Change 12.37% 16.97% 3.73%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2015 Q3
OPERATING ACTIVITIES
Net Income $2.597M $3.229M $2.092M
YoY Change 2.65% 54.35% 123.98%
Depreciation, Depletion And Amortization $930.0K $850.0K $830.0K
YoY Change 4.49% 2.41% 3.75%
Cash From Operating Activities $4.200M $6.350M $4.210M
YoY Change 6.87% 50.83% 45.17%
INVESTING ACTIVITIES
Capital Expenditures -$1.010M -$570.0K -$770.0K
YoY Change 38.36% -25.97% 250.0%
Acquisitions
YoY Change
Other Investing Activities -$12.00M $0.00 $200.0K
YoY Change 8471.43% -100.0% -103.71%
Cash From Investing Activities -$13.01M -$570.0K -$570.0K
YoY Change 1412.79% 0.0% -89.84%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.040M -510.0K 580.0K
YoY Change -222.35% -187.93% -126.85%
NET CHANGE
Cash From Operating Activities 4.200M 6.350M 4.210M
Cash From Investing Activities -13.01M -570.0K -570.0K
Cash From Financing Activities -1.040M -510.0K 580.0K
Net Change In Cash -9.850M 5.270M 4.220M
YoY Change -351.28% 24.88% -186.65%
FREE CASH FLOW
Cash From Operating Activities $4.200M $6.350M $4.210M
Capital Expenditures -$1.010M -$570.0K -$770.0K
Free Cash Flow $5.210M $6.920M $4.980M
YoY Change 11.8% 38.96% 59.62%

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