2011 Q3 Form 10-Q Financial Statement
#000114420411045594 Filed on August 11, 2011
Income Statement
| Concept | 2011 Q3 | 2010 Q3 |
|---|---|---|
| Revenue | $210.9M | $173.4M |
| YoY Change | 21.59% | 9.34% |
| Cost Of Revenue | $125.5M | $104.0M |
| YoY Change | 20.69% | 6.89% |
| Gross Profit | $85.34M | $69.40M |
| YoY Change | 22.96% | 13.21% |
| Gross Profit Margin | 40.47% | 40.02% |
| Selling, General & Admin | $50.09M | $39.70M |
| YoY Change | 26.17% | 15.41% |
| % of Gross Profit | 58.7% | 57.2% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $5.286M | $3.891M |
| YoY Change | 35.85% | 34.17% |
| % of Gross Profit | 6.19% | 5.61% |
| Operating Expenses | $50.09M | $39.70M |
| YoY Change | 26.17% | 15.41% |
| Operating Profit | $35.25M | $29.73M |
| YoY Change | 18.56% | 10.52% |
| Interest Expense | -$2.100M | -$2.200M |
| YoY Change | -4.55% | -24.14% |
| % of Operating Profit | -5.96% | -7.4% |
| Other Income/Expense, Net | -$1.608M | -$200.0K |
| YoY Change | 704.0% | -60.0% |
| Pretax Income | $31.52M | $27.30M |
| YoY Change | 15.46% | 15.68% |
| Income Tax | $11.89M | $9.800M |
| % Of Pretax Income | 37.73% | 35.9% |
| Net Earnings | $19.63M | $17.50M |
| YoY Change | 12.16% | 27.74% |
| Net Earnings / Revenue | 9.31% | 10.09% |
| Basic Earnings Per Share | $1.09 | $0.98 |
| Diluted Earnings Per Share | $1.06 | $0.96 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 18.05M shares | 17.86M shares |
| Diluted Shares Outstanding | 18.58M shares |
Balance Sheet
| Concept | 2011 Q3 | 2010 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $21.40M | $7.400M |
| YoY Change | 189.19% | -7.5% |
| Cash & Equivalents | $13.42M | $7.400M |
| Short-Term Investments | ||
| Other Short-Term Assets | $37.10M | $41.00M |
| YoY Change | -9.51% | 11.41% |
| Inventory | $122.1M | $90.20M |
| Prepaid Expenses | ||
| Receivables | $130.7M | $94.90M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $311.4M | $233.4M |
| YoY Change | 33.42% | 5.37% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $57.10M | $44.40M |
| YoY Change | 28.6% | -5.53% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $6.900M | $4.400M |
| YoY Change | 56.82% | 51.72% |
| Total Long-Term Assets | $66.82M | $590.5M |
| YoY Change | -88.68% | -1.52% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $311.4M | $233.4M |
| Total Long-Term Assets | $66.82M | $590.5M |
| Total Assets | $1.152B | $823.9M |
| YoY Change | 39.79% | 0.34% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $55.80M | $44.70M |
| YoY Change | 24.83% | 25.21% |
| Accrued Expenses | $109.8M | $80.50M |
| YoY Change | 36.4% | -25.87% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $7.000M | $5.700M |
| YoY Change | 22.81% | -5.0% |
| Total Short-Term Liabilities | $182.6M | $146.0M |
| YoY Change | 25.07% | -9.2% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $302.4M | $243.3M |
| YoY Change | 24.29% | -22.79% |
| Other Long-Term Liabilities | $45.40M | $43.50M |
| YoY Change | 4.37% | 41.23% |
| Total Long-Term Liabilities | $347.8M | $286.8M |
| YoY Change | 21.27% | -17.09% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $182.6M | $146.0M |
| Total Long-Term Liabilities | $347.8M | $286.8M |
| Total Liabilities | $557.0M | $447.3M |
| YoY Change | 24.52% | -13.78% |
| 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 | $462.1M | $376.6M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $1.019B | $823.9M |
| YoY Change | 23.69% | 0.34% |
Cashflow Statement
| Concept | 2011 Q3 | 2010 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $19.63M | $17.50M |
| YoY Change | 12.16% | 27.74% |
| Depreciation, Depletion And Amortization | $5.286M | $3.891M |
| YoY Change | 35.85% | 34.17% |
| Cash From Operating Activities | $39.20M | $25.30M |
| YoY Change | 54.94% | -32.17% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $1.448M | $1.004M |
| YoY Change | 44.22% | -147.81% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$95.80M | -$1.000M |
| YoY Change | 9480.0% | -91.23% |
| Cash From Investing Activities | -$97.20M | -$2.000M |
| YoY Change | 4760.0% | -85.29% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 69.40M | -23.90M |
| YoY Change | -390.38% | -5.91% |
| NET CHANGE | ||
| Cash From Operating Activities | 39.20M | 25.30M |
| Cash From Investing Activities | -97.20M | -2.000M |
| Cash From Financing Activities | 69.40M | -23.90M |
| Net Change In Cash | 11.40M | -600.0K |
| YoY Change | -2000.0% | -64.71% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $39.20M | $25.30M |
| Capital Expenditures | $1.448M | $1.004M |
| Free Cash Flow | $37.75M | $24.30M |
| YoY Change | 55.38% | -38.34% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2010Q3 | us-gaap |
Assets
Assets
|
823857000 | |
| CY2010Q3 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
590490000 | |
| CY2011Q3 | us-gaap |
Assets
Assets
|
1019086000 | |
| CY2011Q3 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
707708000 | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
7807000 | ||
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2405000 | ||
| us-gaap |
Sales Revenue Net
SalesRevenueNet
|
334095000 | ||
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
56164000 | ||
| us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
461000 | shares | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
9333000 | ||
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3151000 | ||
| us-gaap |
Sales Revenue Net
SalesRevenueNet
|
393427000 | ||
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
66612000 | ||
| us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
536000 | shares | |
| CY2010Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3891000 | |
| CY2010Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1004000 | |
| CY2010Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
173412000 | |
| CY2010Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
29729000 | |
| CY2010Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
459000 | shares |
| CY2011Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
5286000 | |
| CY2011Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1448000 | |
| CY2011Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
210855000 | |
| CY2011Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
35248000 | |
| CY2011Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
527000 | shares |
