2018 Q3 Form 10-Q Financial Statement

#000143774918019466 Filed on November 05, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2018 Q2 2017 Q3
Revenue $35.49M $34.32M $33.03M
YoY Change 7.42% 11.05% 11.2%
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 $900.0K $900.0K $800.0K
YoY Change 12.5% 12.5% 14.29%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $5.646M $5.094M $4.390M
YoY Change 28.61% 37.3% 34.83%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $12.50M $11.66M $12.04M
YoY Change 3.81% 9.98% 4.95%
Income Tax $2.375M $2.215M $3.702M
% Of Pretax Income 19.0% 18.99% 30.75%
Net Earnings $10.12M $9.446M $8.337M
YoY Change 21.42% 28.64% 6.27%
Net Earnings / Revenue 28.53% 27.52% 25.24%
Basic Earnings Per Share $0.61 $0.57 $0.51
Diluted Earnings Per Share $0.61 $0.57 $0.51
COMMON SHARES
Basic Shares Outstanding 16.61M 16.60M 16.48M
Diluted Shares Outstanding 16.62M 16.61M 16.49M

Balance Sheet

Concept 2018 Q3 2018 Q2 2017 Q3
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 $48.10M $47.10M $45.61M
YoY Change 5.48% 2.4% 0.87%
Goodwill $49.47M $49.47M $49.47M
YoY Change 0.0% 0.0% 0.0%
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 $3.300B $3.289B $3.255B
YoY Change 1.4% 4.62% 6.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $13.40M $13.40M $15.40M
YoY Change -12.99% -4.29% -0.65%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $112.4M $94.60M $122.3M
YoY Change -8.09% -14.7% -16.69%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $13.40M $13.40M $15.40M
YoY Change -12.99% -4.29% -0.65%
LONG-TERM LIABILITIES
Long-Term Debt $46.00M $45.90M $45.30M
YoY Change 1.55% 1.55% 1.34%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $46.00M $45.90M $45.30M
YoY Change 1.55% 1.55% 1.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $13.40M $13.40M $15.40M
Total Long-Term Liabilities $46.00M $45.90M $45.30M
Total Liabilities $2.921B $2.914B $2.892B
YoY Change 0.99% 4.59% 6.54%
SHAREHOLDERS EQUITY
Retained Earnings $80.28M $74.08M $55.26M
YoY Change 45.27% 48.13% 26.58%
Common Stock $312.5M $311.7M $309.0M
YoY Change 1.14% 1.1% 1.65%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $379.5M $374.9M $362.5M
YoY Change
Total Liabilities & Shareholders Equity $3.300B $3.289B $3.255B
YoY Change 1.4% 4.62% 6.22%

Cashflow Statement

Concept 2018 Q3 2018 Q2 2017 Q3
OPERATING ACTIVITIES
Net Income $10.12M $9.446M $8.337M
YoY Change 21.42% 28.64% 6.27%
Depreciation, Depletion And Amortization $900.0K $900.0K $800.0K
YoY Change 12.5% 12.5% 14.29%
Cash From Operating Activities $13.54M $8.300M $9.060M
YoY Change 49.45% 7.37% 42.68%
INVESTING ACTIVITIES
Capital Expenditures -$1.980M -$1.670M -$2.030M
YoY Change -2.46% 63.73% 174.32%
Acquisitions
YoY Change
Other Investing Activities -$60.34M -$78.07M -$33.37M
YoY Change 80.82% 8.07% 17.54%
Cash From Investing Activities -$62.33M -$79.73M -$35.41M
YoY Change 76.02% 8.82% 21.52%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 3.070M -13.99M 101.8M
YoY Change -96.98% -112.25% 76.93%
NET CHANGE
Cash From Operating Activities 13.54M 8.300M 9.060M
Cash From Investing Activities -62.33M -79.73M -35.41M
Cash From Financing Activities 3.070M -13.99M 101.8M
Net Change In Cash -45.72M -85.42M 75.44M
YoY Change -160.6% -275.65% 117.16%
FREE CASH FLOW
Cash From Operating Activities $13.54M $8.300M $9.060M
Capital Expenditures -$1.980M -$1.670M -$2.030M
Free Cash Flow $15.52M $9.970M $11.09M
YoY Change 39.95% 13.94% 56.42%

Facts In Submission

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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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us-gaap Interest Income Expense Net
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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16602701
us-gaap Weighted Average Number Of Shares Outstanding Basic
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16463245

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