2012 Q3 Form 10-K Financial Statement
#000119312512437101 Filed on October 26, 2012
Income Statement
| Concept | 2012 Q3 | 2012 Q2 | 2012 Q1 |
|---|---|---|---|
| Revenue | $127.8M | $172.1M | $132.1M |
| YoY Change | 10.08% | 12.19% | 9.9% |
| Cost Of Revenue | $95.10M | $123.1M | $95.60M |
| YoY Change | 10.45% | 10.01% | 10.9% |
| Gross Profit | $32.70M | $49.00M | $36.50M |
| YoY Change | 8.64% | 18.07% | 7.35% |
| Gross Profit Margin | 25.59% | 28.47% | 27.63% |
| Selling, General & Admin | $17.40M | $17.70M | $15.30M |
| YoY Change | -2.79% | 17.22% | 7.75% |
| % of Gross Profit | 53.21% | 36.12% | 41.92% |
| Research & Development | $2.700M | $2.500M | $2.200M |
| YoY Change | 17.39% | -10.71% | -21.43% |
| % of Gross Profit | 8.26% | 5.1% | 6.03% |
| Depreciation & Amortization | $3.090M | $3.140M | $3.110M |
| YoY Change | 6.19% | 6.8% | 5.42% |
| % of Gross Profit | 9.45% | 6.41% | 8.52% |
| Operating Expenses | $20.00M | $20.20M | $17.60M |
| YoY Change | -0.99% | 9.78% | 4.14% |
| Operating Profit | $12.70M | $28.80M | $18.90M |
| YoY Change | 28.28% | 24.68% | 10.53% |
| Interest Expense | $100.0K | $0.00 | $0.00 |
| YoY Change | -100.0% | -100.0% | |
| % of Operating Profit | 0.79% | 0.0% | 0.0% |
| Other Income/Expense, Net | -$100.0K | -$200.0K | $500.0K |
| YoY Change | -300.0% | 400.0% | |
| Pretax Income | $12.70M | $28.60M | $19.40M |
| YoY Change | 29.59% | 23.28% | 14.12% |
| Income Tax | $3.900M | $9.800M | $6.700M |
| % Of Pretax Income | 30.71% | 34.27% | 34.54% |
| Net Earnings | $8.800M | $18.80M | $12.80M |
| YoY Change | 49.15% | 22.88% | 13.27% |
| Net Earnings / Revenue | 6.89% | 10.92% | 9.69% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $0.68 | $1.47 | $1.00 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 12.71M | 12.70M | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2012 Q3 | 2012 Q2 | 2012 Q1 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $143.4M | $119.8M | $105.0M |
| YoY Change | 32.53% | 19.09% | 33.93% |
| Cash & Equivalents | $143.4M | $119.8M | $105.0M |
| Short-Term Investments | |||
| Other Short-Term Assets | $20.00M | $22.60M | $22.50M |
| YoY Change | -4.76% | 18.95% | 45.16% |
| Inventory | $52.90M | $62.10M | $68.60M |
| Prepaid Expenses | |||
| Receivables | $82.60M | $95.70M | $77.50M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $298.9M | $300.2M | $273.6M |
| YoY Change | 15.99% | 15.46% | 22.2% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $56.20M | $56.10M | $57.20M |
| YoY Change | -3.93% | -2.09% | -1.55% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $5.500M | $5.100M | $5.500M |
| YoY Change | 1.85% | 18.6% | 12.24% |
| Total Long-Term Assets | $116.6M | $116.7M | $120.0M |
| YoY Change | -5.51% | -0.93% | 0.5% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $298.9M | $300.2M | $273.6M |
| Total Long-Term Assets | $116.6M | $116.7M | $120.0M |
| Total Assets | $415.5M | $416.9M | $393.6M |
| YoY Change | 9.03% | 10.35% | 14.65% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $31.40M | $38.80M | $39.40M |
| YoY Change | -2.48% | -9.77% | 2.87% |
| Accrued Expenses | $32.60M | ||
| YoY Change | |||
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $4.300M | $4.300M | $4.300M |
| YoY Change | 0.0% | 0.0% | 0.0% |
| Total Short-Term Liabilities | $80.40M | $88.60M | $77.10M |
| YoY Change | 1.39% | 1.03% | 10.78% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $1.100M | $2.100M |
| YoY Change | -100.0% | -79.63% | -67.19% |
| Other Long-Term Liabilities | $14.30M | $14.60M | $14.50M |
| YoY Change | 53.76% | 82.5% | 79.01% |
| Total Long-Term Liabilities | $14.30M | $15.70M | $16.60M |
| YoY Change | 5.15% | 17.16% | 14.48% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $80.40M | $88.60M | $77.10M |
| Total Long-Term Liabilities | $14.30M | $15.70M | $16.60M |
| Total Liabilities | $104.7M | $114.8M | $105.4M |
| YoY Change | -0.76% | 2.5% | 11.06% |
| 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 | $310.8M | $302.2M | $288.2M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $415.5M | $416.9M | $393.6M |
| YoY Change | 9.03% | 10.35% | 14.65% |
Cashflow Statement
| Concept | 2012 Q3 | 2012 Q2 | 2012 Q1 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $8.800M | $18.80M | $12.80M |
| YoY Change | 49.15% | 22.88% | 13.27% |
| Depreciation, Depletion And Amortization | $3.090M | $3.140M | $3.110M |
| YoY Change | 6.19% | 6.8% | 5.42% |
| Cash From Operating Activities | $26.54M | $21.03M | -$1.340M |
| YoY Change | 79.57% | -13.67% | -176.57% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$2.320M | -$2.850M | -$2.090M |
| YoY Change | -24.92% | 209.78% | -28.42% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $1.700M | -$320.0K | $1.180M |
| YoY Change | -135.86% | -38.46% | 11700.0% |
| Cash From Investing Activities | -$620.0K | -$3.160M | -$910.0K |
| YoY Change | -92.07% | 119.44% | -68.73% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -2.220M | -2.120M | -1.800M |
| YoY Change | -562.5% | 149.41% | 35.34% |
| NET CHANGE | |||
| Cash From Operating Activities | 26.54M | 21.03M | -1.340M |
| Cash From Investing Activities | -620.0K | -3.160M | -910.0K |
| Cash From Financing Activities | -2.220M | -2.120M | -1.800M |
| Net Change In Cash | 23.70M | 15.75M | -4.050M |
| YoY Change | 218.55% | -28.64% | 62.65% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $26.54M | $21.03M | -$1.340M |
| Capital Expenditures | -$2.320M | -$2.850M | -$2.090M |
| Free Cash Flow | $28.86M | $23.88M | $750.0K |
| YoY Change | 61.5% | -5.54% | -83.94% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2011Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.20 | |
| CY2012Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.00 | |
| CY2012Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.47 | |
| CY2011Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.23 | |
| CY2012 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
12704000 | |
| CY2010Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.34 | |
| CY2011Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.89 | |
| CY2011Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.46 | |
| CY2012Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.68 |
