2015 Q3 Form 10-K Financial Statement
#000119312515348274 Filed on October 20, 2015
Income Statement
| Concept | 2015 Q3 | 2015 | 2014 Q3 |
|---|---|---|---|
| Revenue | $123.5M | $560.2M | $147.5M |
| YoY Change | -16.26% | -9.34% | -0.59% |
| Cost Of Revenue | $90.08M | $403.9M | $107.6M |
| YoY Change | -16.29% | -9.62% | -2.0% |
| Gross Profit | $33.47M | $156.3M | $39.92M |
| YoY Change | -16.18% | -8.6% | 3.43% |
| Gross Profit Margin | 27.09% | 27.9% | 27.06% |
| Selling, General & Admin | $27.20M | $91.00M | $21.20M |
| YoY Change | 28.3% | 11.66% | 4.43% |
| % of Gross Profit | 81.28% | 58.22% | 53.1% |
| Research & Development | $3.500M | $12.80M | $2.500M |
| YoY Change | 40.0% | 15.32% | 4.17% |
| % of Gross Profit | 10.46% | 8.19% | 6.26% |
| Depreciation & Amortization | $4.260M | $16.41M | $3.660M |
| YoY Change | 16.39% | 10.95% | 13.66% |
| % of Gross Profit | 12.73% | 10.5% | 9.17% |
| Operating Expenses | $30.70M | $103.8M | $23.70M |
| YoY Change | 29.54% | 11.97% | 3.95% |
| Operating Profit | $2.765M | $52.50M | $16.22M |
| YoY Change | -82.96% | -32.95% | 2.68% |
| Interest Expense | -$1.000M | -$2.000M | $100.0K |
| YoY Change | -1100.0% | -500.0% | 0.0% |
| % of Operating Profit | -36.17% | -3.81% | 0.62% |
| Other Income/Expense, Net | -$1.200M | -$1.900M | $200.0K |
| YoY Change | -700.0% | 850.0% | -200.0% |
| Pretax Income | $529.0K | $46.80M | $16.55M |
| YoY Change | -96.8% | -40.53% | 5.41% |
| Income Tax | $3.700M | $20.40M | $5.200M |
| % Of Pretax Income | 699.43% | 43.59% | 31.42% |
| Net Earnings | -$3.181M | $26.30M | $11.33M |
| YoY Change | -128.08% | -48.93% | 8.93% |
| Net Earnings / Revenue | -2.57% | 4.69% | 7.68% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | -$280.7K | $2.210M | $889.8K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 11.82M | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2015 Q3 | 2015 | 2014 Q3 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $139.1M | $139.1M | $171.8M |
| YoY Change | -19.03% | -19.03% | 13.1% |
| Cash & Equivalents | $139.1M | $139.1M | $171.8M |
| Short-Term Investments | |||
| Other Short-Term Assets | $34.10M | $34.10M | $36.40M |
| YoY Change | -6.32% | -6.32% | 30.0% |
| Inventory | $74.90M | $74.90M | $71.70M |
| Prepaid Expenses | |||
| Receivables | $74.10M | $74.10M | $94.10M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $322.2M | $322.2M | $374.1M |
| YoY Change | -13.87% | -13.87% | 1.44% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $78.70M | $78.70M | $72.50M |
| YoY Change | 8.55% | 8.55% | 11.37% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $6.900M | $6.900M | $11.00M |
| YoY Change | -37.27% | -37.27% | 120.0% |
| Total Long-Term Assets | $214.3M | $214.3M | $152.5M |
| YoY Change | 40.52% | 40.52% | 6.27% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $322.2M | $322.2M | $374.1M |
| Total Long-Term Assets | $214.3M | $214.3M | $152.5M |
| Total Assets | $536.5M | $536.5M | $526.6M |
| YoY Change | 1.88% | 1.88% | 2.79% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $38.80M | $38.80M | $42.40M |
| YoY Change | -8.49% | -8.49% | 0.24% |
| Accrued Expenses | $16.20M | $16.20M | $16.60M |
| YoY Change | -2.41% | -2.41% | -10.27% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $200.0K | $200.0K | $0.00 |
| YoY Change | |||
| Total Short-Term Liabilities | $95.10M | $95.10M | $116.4M |
| YoY Change | -18.3% | -18.3% | 14.01% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $117.2M | $117.2M | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | $16.70M | $16.70M | $14.50M |
| YoY Change | 15.17% | 15.17% | 2.11% |
| Total Long-Term Liabilities | $133.9M | $133.9M | $14.50M |
| YoY Change | 823.45% | 823.45% | 2.11% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $95.10M | $95.10M | $116.4M |
| Total Long-Term Liabilities | $133.9M | $133.9M | $14.50M |
| Total Liabilities | $247.9M | $247.9M | $143.9M |
| YoY Change | 72.27% | 72.27% | 9.26% |
| 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 | $288.6M | $288.6M | $382.6M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $536.5M | $536.5M | $526.6M |
| YoY Change | 1.88% | 1.88% | 2.79% |
Cashflow Statement
| Concept | 2015 Q3 | 2015 | 2014 Q3 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$3.181M | $26.30M | $11.33M |
| YoY Change | -128.08% | -48.93% | 8.93% |
| Depreciation, Depletion And Amortization | $4.260M | $16.41M | $3.660M |
| YoY Change | 16.39% | 10.95% | 13.66% |
| Cash From Operating Activities | $13.29M | $48.68M | $25.88M |
| YoY Change | -48.65% | -46.97% | 55.72% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$4.010M | -$15.24M | -$9.880M |
| YoY Change | -59.41% | -14.0% | 230.43% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$2.200M | -$64.34M | $960.0K |
| YoY Change | -329.17% | 8365.79% | -103.26% |
| Cash From Investing Activities | -$6.220M | -$79.59M | -$8.930M |
| YoY Change | -30.35% | 330.68% | -72.47% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -21.38M | 3.910M | -26.67M |
| YoY Change | -19.84% | -107.29% | 993.03% |
| NET CHANGE | |||
| Cash From Operating Activities | 13.29M | 48.68M | 25.88M |
| Cash From Investing Activities | -6.220M | -79.59M | -8.930M |
| Cash From Financing Activities | -21.38M | 3.910M | -26.67M |
| Net Change In Cash | -14.31M | -27.00M | -9.720M |
| YoY Change | 47.22% | -236.92% | -46.77% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $13.29M | $48.68M | $25.88M |
| Capital Expenditures | -$4.010M | -$15.24M | -$9.880M |
| Free Cash Flow | $17.30M | $63.92M | $35.76M |
| YoY Change | -51.62% | -41.64% | 82.36% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2015 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11818000 | |
| CY2014Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
107599000 | |
| CY2015Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
90075000 | |
| CY2014Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
16549000 | |
| CY2015Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
529000 | |
| CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
11329000 | |
| CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3181000 | |
| CY2014Q3 | us-gaap |
Revenues
Revenues
|
147522000 | |
| CY2015Q3 | us-gaap |
Revenues
Revenues
|
123540000 |
