2016 Q4 Form 10-Q Financial Statement
#000156459016028115 Filed on November 08, 2016
Income Statement
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
Revenue | $123.3M | $125.7M | $141.7M |
YoY Change | -11.43% | -11.29% | -12.61% |
Cost Of Revenue | $73.10M | $96.80M | $99.98M |
YoY Change | -25.1% | -3.18% | -18.15% |
Gross Profit | $35.30M | $34.68M | $41.69M |
YoY Change | -12.31% | -16.82% | 4.32% |
Gross Profit Margin | 28.63% | 27.59% | 29.43% |
Selling, General & Admin | $29.10M | $32.90M | $39.11M |
YoY Change | -22.19% | -15.87% | -8.28% |
% of Gross Profit | 82.44% | 94.88% | 93.82% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $5.890M | $8.640M | $8.500M |
YoY Change | -25.54% | 1.65% | -10.9% |
% of Gross Profit | 16.69% | 24.92% | 20.39% |
Operating Expenses | $29.10M | $32.90M | $39.11M |
YoY Change | -22.19% | -15.87% | -8.28% |
Operating Profit | $6.200M | $2.986M | $2.578M |
YoY Change | 117.24% | 15.83% | -196.27% |
Interest Expense | -$2.600M | -$2.015M | $1.729M |
YoY Change | 23.81% | -216.54% | -34.43% |
% of Operating Profit | -41.94% | -67.48% | 67.07% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $9.500M | $971.0K | $849.0K |
YoY Change | -3266.67% | 14.37% | -115.97% |
Income Tax | $1.000M | $500.0K | $218.0K |
% Of Pretax Income | 10.53% | 51.49% | 25.68% |
Net Earnings | -$1.458M | $414.0K | $333.0K |
YoY Change | -289.11% | 24.32% | -112.14% |
Net Earnings / Revenue | -1.18% | 0.33% | 0.24% |
Basic Earnings Per Share | -$0.05 | $0.01 | $0.01 |
Diluted Earnings Per Share | -$0.05 | $0.01 | $0.01 |
COMMON SHARES | |||
Basic Shares Outstanding | 29.92M | 29.85M | 30.67M shares |
Diluted Shares Outstanding | 30.08M | 30.95M shares |
Balance Sheet
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.400M | $5.500M | $5.200M |
YoY Change | -67.12% | 5.77% | -38.1% |
Cash & Equivalents | $7.888M | $5.538M | $5.240M |
Short-Term Investments | |||
Other Short-Term Assets | $27.40M | $14.00M | $11.30M |
YoY Change | 87.67% | 23.89% | -92.54% |
Inventory | $44.79M | $48.60M | $61.19M |
Prepaid Expenses | $8.020M | ||
Receivables | $73.82M | $77.50M | $88.19M |
Other Receivables | $2.200M | $0.00 | $0.00 |
Total Short-Term Assets | $141.2M | $145.7M | $165.9M |
YoY Change | -8.53% | -12.2% | -51.9% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $106.3M | $118.3M | $129.1M |
YoY Change | -18.74% | -8.37% | -4.07% |
Goodwill | $59.22M | $58.37M | |
YoY Change | 0.56% | -16.85% | |
Intangibles | $46.87M | $61.35M | |
YoY Change | -19.92% | -19.11% | |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $3.313M | $3.200M | $12.20M |
YoY Change | 42.56% | -73.77% | 183.67% |
Total Long-Term Assets | $129.1M | $249.7M | $150.3M |
YoY Change | -10.2% | 66.1% | -0.01% |
TOTAL ASSETS | |||
Total Short-Term Assets | $141.2M | $145.7M | $165.9M |
Total Long-Term Assets | $129.1M | $249.7M | $150.3M |
Total Assets | $381.7M | $395.4M | $445.4M |
YoY Change | -11.03% | -11.22% | -29.3% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $47.57M | $51.00M | $58.32M |
YoY Change | -33.29% | -12.55% | -12.04% |
Accrued Expenses | $21.60M | $21.80M | $18.00M |
YoY Change | -32.5% | 21.12% | -4.99% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $79.31M | $80.10M | $97.16M |
YoY Change | -32.1% | -17.55% | -32.65% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $189.5M | $197.9M | $214.7M |
YoY Change | -1.23% | -7.84% | -22.44% |
Other Long-Term Liabilities | $9.235M | $9.400M | $12.06M |
YoY Change | -25.25% | -22.08% | -13.17% |
Total Long-Term Liabilities | $198.8M | $207.3M | $226.8M |
YoY Change | -2.68% | -8.6% | -22.0% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $79.31M | $80.10M | $97.16M |
Total Long-Term Liabilities | $198.8M | $207.3M | $226.8M |
Total Liabilities | $278.1M | $296.6M | $324.0M |
YoY Change | -13.39% | -8.44% | -25.53% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$93.06M | -$74.53M | |
YoY Change | 19.58% | 19.22% | |
Common Stock | $220.3M | $223.4M | |
YoY Change | 2.62% | -8.0% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | $7.933M | 7.803M shares | |
Shareholders Equity | $93.03M | $98.80M | $104.5M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $381.7M | $395.4M | $445.4M |
YoY Change | -10.99% | -11.22% | -29.3% |
Cashflow Statement
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.458M | $414.0K | $333.0K |
YoY Change | -289.11% | 24.32% | -112.14% |
Depreciation, Depletion And Amortization | $5.890M | $8.640M | $8.500M |
YoY Change | -25.54% | 1.65% | -10.9% |
Cash From Operating Activities | $14.63M | $21.67M | $10.45M |
YoY Change | -65.1% | 107.37% | 151.81% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$1.000M | -$920.0K | -$8.290M |
YoY Change | -83.5% | -88.9% | 113.11% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $240.0K | $20.00K | $110.0K |
YoY Change | -88.52% | -81.82% | -100.07% |
Cash From Investing Activities | -$760.0K | -$910.0K | -$8.180M |
YoY Change | -80.81% | -88.88% | -94.98% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -11.84M | -21.62M | -790.0K |
YoY Change | -66.45% | 2636.71% | -100.6% |
NET CHANGE | |||
Cash From Operating Activities | 14.63M | 21.67M | 10.45M |
Cash From Investing Activities | -760.0K | -910.0K | -8.180M |
Cash From Financing Activities | -11.84M | -21.62M | -790.0K |
Net Change In Cash | 2.030M | -860.0K | 1.480M |
YoY Change | -23.97% | -158.11% | -105.43% |
FREE CASH FLOW | |||
Cash From Operating Activities | $14.63M | $21.67M | $10.45M |
Capital Expenditures | -$1.000M | -$920.0K | -$8.290M |
Free Cash Flow | $15.63M | $22.59M | $18.74M |
YoY Change | -67.42% | 20.54% | 133.08% |
Facts In Submission
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CY2016Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
199210000 | |
CY2015Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
193512000 | |
CY2016Q3 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
1280000 | |
CY2015Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
1631000 | |
CY2016Q3 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
4500000 | |
CY2016Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 |