2020 Q2 Form 10-Q Financial Statement
#000156459020033897 Filed on July 28, 2020
Income Statement
Concept | 2020 Q2 | 2019 Q2 |
---|---|---|
Revenue | $110.6M | $117.7M |
YoY Change | -6.08% | -2.38% |
Cost Of Revenue | $24.00M | $25.35M |
YoY Change | -5.33% | 1.24% |
Gross Profit | $86.60M | $92.39M |
YoY Change | -6.27% | -3.32% |
Gross Profit Margin | 78.31% | 78.47% |
Selling, General & Admin | $54.40M | $69.45M |
YoY Change | -21.67% | -3.91% |
% of Gross Profit | 62.82% | 75.18% |
Research & Development | $25.90M | $27.76M |
YoY Change | -6.71% | 10.69% |
% of Gross Profit | 29.91% | 30.05% |
Depreciation & Amortization | $3.000M | $4.000M |
YoY Change | -25.0% | 566.67% |
% of Gross Profit | 3.46% | 4.33% |
Operating Expenses | $80.30M | $97.22M |
YoY Change | -17.4% | -0.15% |
Operating Profit | $6.295M | -$4.830M |
YoY Change | -230.33% | 168.78% |
Interest Expense | $600.0K | $3.013M |
YoY Change | -80.09% | -6.52% |
% of Operating Profit | 9.53% | |
Other Income/Expense, Net | -$2.000M | $29.43M |
YoY Change | -106.8% | 559.74% |
Pretax Income | $4.900M | $27.61M |
YoY Change | -82.26% | 369.07% |
Income Tax | $1.500M | $7.220M |
% Of Pretax Income | 30.61% | 26.15% |
Net Earnings | $3.387M | $20.39M |
YoY Change | -83.39% | 322.41% |
Net Earnings / Revenue | 3.06% | 17.32% |
Basic Earnings Per Share | $0.35 | $1.99 |
Diluted Earnings Per Share | $0.35 | $1.98 |
COMMON SHARES | ||
Basic Shares Outstanding | 10.24M | |
Diluted Shares Outstanding | 10.31M |
Balance Sheet
Concept | 2020 Q2 | 2019 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $530.9M | $574.8M |
YoY Change | -7.64% | -17.84% |
Cash & Equivalents | $422.1M | $261.5M |
Short-Term Investments | $110.0M | $313.3M |
Other Short-Term Assets | $17.30M | $23.30M |
YoY Change | -25.75% | -19.38% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $123.8M | $129.1M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $672.8M | $727.3M |
YoY Change | -7.49% | -14.79% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $126.8M | $54.29M |
YoY Change | 133.58% | 4.6% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $33.40M | $28.50M |
YoY Change | 17.19% | 30.14% |
Total Long-Term Assets | $160.2M | $172.4M |
YoY Change | -7.09% | 133.65% |
TOTAL ASSETS | ||
Total Short-Term Assets | $672.8M | $727.3M |
Total Long-Term Assets | $160.2M | $172.4M |
Total Assets | $833.0M | $899.7M |
YoY Change | -7.42% | -2.97% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $31.50M | $23.00M |
YoY Change | 36.96% | 1.32% |
Accrued Expenses | $40.80M | $50.80M |
YoY Change | -19.69% | 31.61% |
Deferred Revenue | $167.6M | $176.8M |
YoY Change | -5.17% | |
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $239.9M | $250.6M |
YoY Change | -4.29% | 5.94% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $134.6M | $33.99M |
YoY Change | 296.0% | -51.65% |
Total Long-Term Liabilities | $134.6M | $33.99M |
YoY Change | 296.0% | -51.65% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $239.9M | $250.6M |
Total Long-Term Liabilities | $134.6M | $33.99M |
Total Liabilities | $374.6M | $397.0M |
YoY Change | -5.65% | 29.33% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $561.6M | |
YoY Change | ||
Common Stock | $584.8M | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $634.4M | |
YoY Change | 33.51% | |
Treasury Stock Shares | $7.648M | |
Shareholders Equity | $458.5M | $502.7M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $833.0M | $899.7M |
YoY Change | -7.42% | -2.97% |
Cashflow Statement
Concept | 2020 Q2 | 2019 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $3.387M | $20.39M |
YoY Change | -83.39% | 322.41% |
Depreciation, Depletion And Amortization | $3.000M | $4.000M |
YoY Change | -25.0% | 566.67% |
Cash From Operating Activities | -$2.600M | $22.70M |
YoY Change | -111.45% | 393.48% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$500.0K | -$2.400M |
YoY Change | -79.17% | 84.62% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $0.00 | -$18.90M |
YoY Change | -100.0% | -70.05% |
Cash From Investing Activities | -$500.0K | -$21.40M |
YoY Change | -97.66% | -66.77% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -9.600M | 300.0K |
YoY Change | -3300.0% | -88.0% |
NET CHANGE | ||
Cash From Operating Activities | -2.600M | 22.70M |
Cash From Investing Activities | -500.0K | -21.40M |
Cash From Financing Activities | -9.600M | 300.0K |
Net Change In Cash | -12.70M | 1.600M |
YoY Change | -893.75% | -102.79% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$2.600M | $22.70M |
Capital Expenditures | -$500.0K | -$2.400M |
Free Cash Flow | -$2.100M | $25.10M |
YoY Change | -108.37% | 325.42% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
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Payments Of Dividends Common Stock
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Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
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Payments Of Dividends Common Stock
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Payments Of Dividends Common Stock
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Deferred Income Tax Liabilities Net
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Stock Issued During Period Value Stock Options Exercised
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Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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Stockholders Equity
StockholdersEquity
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CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
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Stockholders Equity
StockholdersEquity
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232000 | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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178000 | ||
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Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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Net Income Loss
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OtherComprehensiveIncomeLossNetOfTax
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Stock Issued During Period Value Stock Options Exercised
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Treasury Stock Value Acquired Cost Method
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Stockholders Equity
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Net Income Loss
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Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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Stockholders Equity
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Stock Issued During Period Value Stock Options Exercised
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Provision For Doubtful Accounts
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Provision For Doubtful Accounts
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Realized Investment Gains Losses
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Deferred Income Taxes And Tax Credits
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Revenue Remaining Performance Obligation
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Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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Liability For Uncertain Tax Positions Noncurrent
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Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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Effective Income Tax Rate Continuing Operations
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Income Tax Expense Benefit
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Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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Tax Cuts And Jobs Act Of2017 Provision For Transition Tax
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Tax Cuts And Jobs Act Of2017 Provision For Transition Tax
TaxCutsAndJobsActOf2017ProvisionForTransitionTax
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Measurement Period Adjustment To Reduce Transition Tax
MeasurementPeriodAdjustmentToReduceTransitionTax
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One Time Transition Tax Future Minimum Payments Due
OneTimeTransitionTaxFutureMinimumPaymentsDue
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mstr |
One Time Transition Tax First Payment Year
OneTimeTransitionTaxFirstPaymentYear
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CY2020Q2 | us-gaap |
Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
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231200000 | |
CY2020Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
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CY2020Q2 | us-gaap |
Preferred Stock Shares Outstanding
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Revenues
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Gross Profit
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CY2019Q2 | us-gaap |
Revenues
Revenues
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117737000 | |
CY2019Q2 | us-gaap |
Gross Profit
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us-gaap |
Revenues
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222008000 | ||
us-gaap |
Gross Profit
GrossProfit
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us-gaap |
Revenues
Revenues
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us-gaap |
Gross Profit
GrossProfit
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181580000 | ||
CY2020Q2 | us-gaap |
Noncurrent Assets
NoncurrentAssets
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Noncurrent Assets
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