2012 Form 10-K Financial Statement
#000143774913002333 Filed on March 05, 2013
Income Statement
| Concept | 2012 | 2011 |
|---|---|---|
| Revenue | $213.8M | $196.5M |
| YoY Change | 8.8% | -10.19% |
| Cost Of Revenue | $100.7M | $94.93M |
| YoY Change | 6.05% | -2.54% |
| Gross Profit | $113.1M | $101.6M |
| YoY Change | 11.32% | -16.38% |
| Gross Profit Margin | 52.9% | 51.7% |
| Selling, General & Admin | $50.02M | $40.28M |
| YoY Change | 24.18% | -2.23% |
| % of Gross Profit | 44.22% | 39.65% |
| Research & Development | $48.80M | $44.52M |
| YoY Change | 9.61% | 0.27% |
| % of Gross Profit | 43.14% | 43.82% |
| Depreciation & Amortization | $9.300M | $8.700M |
| YoY Change | 6.9% | 8.75% |
| % of Gross Profit | 8.22% | 8.56% |
| Operating Expenses | $98.81M | $84.80M |
| YoY Change | 16.53% | -0.82% |
| Operating Profit | $14.29M | $16.80M |
| YoY Change | -14.97% | -53.33% |
| Interest Expense | $600.0K | $700.0K |
| YoY Change | -14.29% | -41.67% |
| % of Operating Profit | 4.2% | 4.17% |
| Other Income/Expense, Net | -$400.0K | |
| YoY Change | 100.0% | |
| Pretax Income | $17.90M | $13.70M |
| YoY Change | 30.66% | -56.37% |
| Income Tax | $2.100M | $400.0K |
| % Of Pretax Income | 11.73% | 2.92% |
| Net Earnings | $15.80M | $13.30M |
| YoY Change | 18.8% | -55.07% |
| Net Earnings / Revenue | 7.39% | 6.77% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | $436.5K | $377.8K |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2012 | 2011 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $160.6M | $174.2M |
| YoY Change | -7.81% | -1.97% |
| Cash & Equivalents | $75.10M | $96.40M |
| Short-Term Investments | $85.50M | $77.80M |
| Other Short-Term Assets | $2.200M | $2.100M |
| YoY Change | 4.76% | -16.0% |
| Inventory | $32.10M | $20.10M |
| Prepaid Expenses | ||
| Receivables | $19.40M | $15.10M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $214.3M | $211.5M |
| YoY Change | 1.32% | -5.75% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $59.40M | $47.80M |
| YoY Change | 24.27% | 28.15% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $11.80M | $13.70M |
| YoY Change | -13.87% | -28.65% |
| Other Assets | $1.700M | $900.0K |
| YoY Change | 88.89% | 12.5% |
| Total Long-Term Assets | $72.90M | $62.40M |
| YoY Change | 16.83% | 9.09% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $214.3M | $211.5M |
| Total Long-Term Assets | $72.90M | $62.40M |
| Total Assets | $287.2M | $273.9M |
| YoY Change | 4.86% | -2.73% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $9.900M | $8.900M |
| YoY Change | 11.24% | -1.11% |
| Accrued Expenses | $11.40M | $13.60M |
| YoY Change | -16.18% | -19.05% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $23.50M | $26.10M |
| YoY Change | -9.96% | -10.0% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| Total Long-Term Liabilities | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $23.50M | $26.10M |
| Total Long-Term Liabilities | $0.00 | $0.00 |
| Total Liabilities | $28.90M | $31.00M |
| YoY Change | -6.77% | -10.66% |
| 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 | $258.3M | $242.9M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $287.2M | $273.9M |
| YoY Change | 4.86% | -2.73% |
Cashflow Statement
| Concept | 2012 | 2011 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $15.80M | $13.30M |
| YoY Change | 18.8% | -55.07% |
| Depreciation, Depletion And Amortization | $9.300M | $8.700M |
| YoY Change | 6.9% | 8.75% |
| Cash From Operating Activities | $24.90M | $43.70M |
| YoY Change | -43.02% | -9.9% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$21.10M | -$21.00M |
| YoY Change | 0.48% | -7.89% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$5.800M | $57.20M |
| YoY Change | -110.14% | -620.0% |
| Cash From Investing Activities | -$26.80M | $36.20M |
| YoY Change | -174.03% | -207.1% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -19.60M | -32.00M |
| YoY Change | -38.75% | 128.57% |
| NET CHANGE | ||
| Cash From Operating Activities | 24.90M | 43.70M |
| Cash From Investing Activities | -26.80M | 36.20M |
| Cash From Financing Activities | -19.60M | -32.00M |
| Net Change In Cash | -21.50M | 47.90M |
| YoY Change | -144.89% | 6742.86% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $24.90M | $43.70M |
| Capital Expenditures | -$21.10M | -$21.00M |
| Free Cash Flow | $46.00M | $64.70M |
| YoY Change | -28.9% | -9.26% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2011Q4 | us-gaap |
Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
|
3090000 | USD |
| CY2012 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
100665000 | USD |
| CY2011 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
94925000 | USD |
| CY2012 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
48796000 | USD |
| CY2011 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
44518000 | USD |
| CY2012 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
50018000 | USD |
| CY2011 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
40280000 | USD |
