2011 Q4 Form 10-Q Financial Statement
#000114420411062933 Filed on November 10, 2011
Income Statement
| Concept | 2011 Q4 | 2010 Q4 |
|---|---|---|
| Revenue | $257.7M | $177.8M |
| YoY Change | 44.94% | 15.45% |
| Cost Of Revenue | $131.4M | $107.1M |
| YoY Change | 22.69% | 16.41% |
| Gross Profit | $100.4M | $70.70M |
| YoY Change | 42.07% | 14.03% |
| Gross Profit Margin | 38.98% | 39.77% |
| Selling, General & Admin | $50.13M | $38.70M |
| YoY Change | 29.54% | 13.82% |
| % of Gross Profit | 49.91% | 54.74% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $5.334M | $3.849M |
| YoY Change | 38.58% | 1.29% |
| % of Gross Profit | 5.31% | 5.44% |
| Operating Expenses | $50.13M | $38.70M |
| YoY Change | 29.54% | 14.16% |
| Operating Profit | $47.43M | $32.01M |
| YoY Change | 48.16% | 13.92% |
| Interest Expense | -$2.300M | -$2.200M |
| YoY Change | 4.55% | -21.43% |
| % of Operating Profit | -4.85% | -6.87% |
| Other Income/Expense, Net | $424.0K | $100.0K |
| YoY Change | 324.0% | 0.0% |
| Pretax Income | $35.29M | $30.00M |
| YoY Change | 17.62% | 18.11% |
| Income Tax | $11.83M | $9.400M |
| % Of Pretax Income | 33.51% | 31.33% |
| Net Earnings | $29.77M | $20.60M |
| YoY Change | 44.51% | 32.9% |
| Net Earnings / Revenue | 11.55% | 11.59% |
| Basic Earnings Per Share | $1.63 | $1.16 |
| Diluted Earnings Per Share | $1.60 | $1.13 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 18.04M shares | 17.82M shares |
| Diluted Shares Outstanding | 18.58M shares |
Balance Sheet
| Concept | 2011 Q4 | 2010 Q4 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $13.40M | $6.000M |
| YoY Change | 123.33% | -45.45% |
| Cash & Equivalents | $43.95M | $7.656M |
| Short-Term Investments | ||
| Other Short-Term Assets | $35.60M | $38.50M |
| YoY Change | -7.53% | -6.78% |
| Inventory | $124.3M | $106.1M |
| Prepaid Expenses | ||
| Receivables | $151.4M | $102.7M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $367.4M | $253.3M |
| YoY Change | 45.04% | 12.43% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $62.51M | $44.80M |
| YoY Change | 39.52% | -3.03% |
| Goodwill | $477.8M | |
| YoY Change | ||
| Intangibles | $234.7M | |
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $4.084M | $5.500M |
| YoY Change | -25.75% | 61.76% |
| Total Long-Term Assets | $66.59M | $72.33M |
| YoY Change | -7.93% | -87.9% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $367.4M | $253.3M |
| Total Long-Term Assets | $66.59M | $72.33M |
| Total Assets | $1.147B | $866.6M |
| YoY Change | 32.29% | 5.28% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $63.39M | $51.70M |
| YoY Change | 22.62% | 29.57% |
| Accrued Expenses | $170.4M | $95.60M |
| YoY Change | 78.23% | -16.43% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $315.8M | $5.300M |
| YoY Change | 5859.08% | -23.19% |
| Total Short-Term Liabilities | $549.6M | $170.2M |
| YoY Change | 222.92% | -1.62% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $1.504M | $238.3M |
| YoY Change | -99.37% | -17.29% |
| Other Long-Term Liabilities | $46.58M | $44.10M |
| YoY Change | 5.62% | 44.59% |
| Total Long-Term Liabilities | $48.08M | $282.4M |
| YoY Change | -82.97% | -11.36% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $549.6M | $170.2M |
| Total Long-Term Liabilities | $48.08M | $282.4M |
| Total Liabilities | $597.7M | $466.9M |
| YoY Change | 28.01% | -7.36% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $455.7M | |
| YoY Change | ||
| Common Stock | $137.0K | |
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | $126.7M | |
| YoY Change | ||
| Treasury Stock Shares | 4.437M shares | |
| Shareholders Equity | $511.0M | $399.7M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $1.147B | $866.6M |
| YoY Change | 32.3% | 5.27% |
Cashflow Statement
| Concept | 2011 Q4 | 2010 Q4 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $29.77M | $20.60M |
| YoY Change | 44.51% | 32.9% |
| Depreciation, Depletion And Amortization | $5.334M | $3.849M |
| YoY Change | 38.58% | 1.29% |
| Cash From Operating Activities | $36.00M | $34.10M |
| YoY Change | 5.57% | 13.67% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $1.729M | $603.0K |
| YoY Change | 186.73% | -167.0% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$32.50M | -$23.10M |
| YoY Change | 40.69% | |
| Cash From Investing Activities | -$34.20M | -$23.80M |
| YoY Change | 43.7% | 2544.44% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -8.800M | -11.90M |
| YoY Change | -26.05% | -54.23% |
| NET CHANGE | ||
| Cash From Operating Activities | 36.00M | 34.10M |
| Cash From Investing Activities | -34.20M | -23.80M |
| Cash From Financing Activities | -8.800M | -11.90M |
| Net Change In Cash | -7.000M | -1.600M |
| YoY Change | 337.5% | -151.61% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $36.00M | $34.10M |
| Capital Expenditures | $1.729M | $603.0K |
| Free Cash Flow | $34.27M | $33.50M |
| YoY Change | 2.31% | 8.4% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2010Q4 | us-gaap |
Assets
Assets
|
866638000 | |
| CY2010Q4 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
613345000 | |
| CY2011Q4 | us-gaap |
Assets
Assets
|
1030367000 | |
| CY2011Q4 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
721187000 | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
11656000 | ||
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3008000 | ||
| us-gaap |
Sales Revenue Net
SalesRevenueNet
|
511888000 | ||
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
88175000 | ||
| us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
460000 | shares | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
14667000 | ||
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4880000 | ||
| us-gaap |
Sales Revenue Net
SalesRevenueNet
|
612147000 | ||
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
103798000 | ||
| us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
537000 | shares | |
| CY2011Q4 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
5334000 | |
| CY2011Q4 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1729000 | |
| CY2011Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
218720000 | |
| CY2011Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
37186000 | |
| CY2011Q4 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
540000 | shares |
| CY2010Q4 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3849000 | |
| CY2010Q4 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
603000 | |
| CY2010Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
177793000 | |
| CY2010Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
32011000 | |
| CY2010Q4 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
459000 | shares |
