2015 Q3 Form 10-Q Financial Statement

#000006638215000043 Filed on October 07, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2014 Q3
Revenue $565.4M $509.7M
YoY Change 10.93% 8.89%
Cost Of Revenue $348.6M $324.1M
YoY Change 7.56% 8.72%
Gross Profit $216.8M $185.6M
YoY Change 16.81% 9.18%
Gross Profit Margin 38.34% 36.41%
Selling, General & Admin $143.1M $126.7M
YoY Change 12.94% 10.75%
% of Gross Profit 66.01% 68.27%
Research & Development $18.60M $16.70M
YoY Change 11.38% 1.21%
% of Gross Profit 8.58% 9.0%
Depreciation & Amortization $13.70M $12.00M
YoY Change 14.17% 8.11%
% of Gross Profit 6.32% 6.47%
Operating Expenses $161.7M $143.4M
YoY Change 12.76% 9.55%
Operating Profit $55.10M $42.20M
YoY Change 30.57% 7.93%
Interest Expense $3.900M $4.700M
YoY Change -17.02% 4.44%
% of Operating Profit 7.08% 11.14%
Other Income/Expense, Net -$500.0K $0.00
YoY Change -100.0%
Pretax Income $50.70M $37.50M
YoY Change 35.2% 8.7%
Income Tax $17.00M $12.40M
% Of Pretax Income 33.53% 33.07%
Net Earnings $33.50M $25.20M
YoY Change 32.94% 12.0%
Net Earnings / Revenue 5.93% 4.94%
Basic Earnings Per Share $0.56 $0.43
Diluted Earnings Per Share $0.56 $0.42
COMMON SHARES
Basic Shares Outstanding 59.73M shares 59.30M shares
Diluted Shares Outstanding 60.23M shares 59.91M shares

Balance Sheet

Concept 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $57.70M $77.60M
YoY Change -25.64% -35.92%
Cash & Equivalents $52.00M $66.70M
Short-Term Investments $5.700M $10.90M
Other Short-Term Assets $74.70M $62.90M
YoY Change 18.76% 13.13%
Inventory $136.9M $133.8M
Prepaid Expenses $74.70M $62.90M
Receivables $202.2M $190.9M
Other Receivables $0.00 $0.00
Total Short-Term Assets $471.5M $465.2M
YoY Change 1.35% 9.07%
LONG-TERM ASSETS
Property, Plant & Equipment $252.9M $227.8M
YoY Change 11.02% 24.62%
Goodwill $303.0M $302.5M
YoY Change 0.17% 33.44%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $33.50M $47.60M
YoY Change -29.62% 72.46%
Total Long-Term Assets $725.5M $731.5M
YoY Change -0.82% 33.85%
TOTAL ASSETS
Total Short-Term Assets $471.5M $465.2M
Total Long-Term Assets $725.5M $731.5M
Total Assets $1.197B $1.197B
YoY Change 0.03% 22.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $151.6M $153.3M
YoY Change -1.11% 17.74%
Accrued Expenses $204.7M $188.5M
YoY Change 8.59% 13.15%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $50.00M
YoY Change
Total Short-Term Liabilities $356.3M $391.8M
YoY Change -9.06% 32.01%
LONG-TERM LIABILITIES
Long-Term Debt $268.0M $300.0M
YoY Change -10.67% 20.0%
Other Long-Term Liabilities $62.40M $70.00M
YoY Change -10.86% 53.85%
Total Long-Term Liabilities $330.4M $370.0M
YoY Change -10.7% 25.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $356.3M $391.8M
Total Long-Term Liabilities $330.4M $370.0M
Total Liabilities $713.8M $779.1M
YoY Change -8.38% 23.28%
SHAREHOLDERS EQUITY
Retained Earnings $361.8M $294.2M
YoY Change 22.98% -15.02%
Common Stock $12.00M $11.90M
YoY Change 0.84% 0.85%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $451.1M $391.8M
YoY Change
Total Liabilities & Shareholders Equity $1.197B $1.197B
YoY Change 0.03% 22.99%

Cashflow Statement

Concept 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income $33.50M $25.20M
YoY Change 32.94% 12.0%
Depreciation, Depletion And Amortization $13.70M $12.00M
YoY Change 14.17% 8.11%
Cash From Operating Activities $33.30M $42.00M
YoY Change -20.71% 9.95%
INVESTING ACTIVITIES
Capital Expenditures $16.60M $8.200M
YoY Change 102.44% 26.15%
Acquisitions $0.00 $154.0M
YoY Change -100.0%
Other Investing Activities -$500.0K $600.0K
YoY Change -183.33% -220.0%
Cash From Investing Activities -$13.10M -$162.6M
YoY Change -91.94% 2522.58%
FINANCING ACTIVITIES
Cash Dividend Paid $8.400M $8.300M
YoY Change 1.2% 13.7%
Common Stock Issuance & Retirement, Net $1.500M $200.0K
YoY Change 650.0% -108.7%
Debt Paid & Issued, Net $226.8M $84.00M
YoY Change 170.0%
Cash From Financing Activities -31.10M 86.40M
YoY Change -136.0% -2109.3%
NET CHANGE
Cash From Operating Activities 33.30M 42.00M
Cash From Investing Activities -13.10M -162.6M
Cash From Financing Activities -31.10M 86.40M
Net Change In Cash -10.90M -34.20M
YoY Change -68.13% -223.47%
FREE CASH FLOW
Cash From Operating Activities $33.30M $42.00M
Capital Expenditures $16.60M $8.200M
Free Cash Flow $16.70M $33.80M
YoY Change -50.59% 6.62%

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CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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