2020 Q2 Form 10-Q Financial Statement

#000114036121027352 Filed on August 06, 2021

View on sec.gov

Income Statement

Concept 2020 Q2
Revenue
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $4.079M
YoY Change -13.08%
% of Gross Profit
Depreciation & Amortization $3.400M
YoY Change 6.25%
% of Gross Profit
Operating Expenses $4.079M
YoY Change -13.08%
Operating Profit
YoY Change
Interest Expense $7.000M
YoY Change -52.07%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $31.28M
YoY Change -20.54%
Income Tax $6.564M
% Of Pretax Income 20.99%
Net Earnings $24.71M
YoY Change -19.12%
Net Earnings / Revenue
Basic Earnings Per Share $0.57
Diluted Earnings Per Share $0.56
COMMON SHARES
Basic Shares Outstanding 43.64M
Diluted Shares Outstanding 43.64M

Balance Sheet

Concept 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $699.5M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $75.00M
YoY Change -2.16%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $10.85B
YoY Change 12.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $340.0M
YoY Change -44.2%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $340.0M
YoY Change 818.92%
LONG-TERM LIABILITIES
Long-Term Debt $263.0M
YoY Change 42.16%
Other Long-Term Liabilities $286.0M
YoY Change 111.85%
Total Long-Term Liabilities $549.0M
YoY Change 71.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $340.0M
Total Long-Term Liabilities $549.0M
Total Liabilities $9.705B
YoY Change 13.36%
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 $1.143B
YoY Change
Total Liabilities & Shareholders Equity $10.85B
YoY Change 12.57%

Cashflow Statement

Concept 2020 Q2
OPERATING ACTIVITIES
Net Income $24.71M
YoY Change -19.12%
Depreciation, Depletion And Amortization $3.400M
YoY Change 6.25%
Cash From Operating Activities $36.10M
YoY Change 59.73%
INVESTING ACTIVITIES
Capital Expenditures -$300.0K
YoY Change -57.14%
Acquisitions
YoY Change
Other Investing Activities -$459.7M
YoY Change 659.83%
Cash From Investing Activities -$460.0M
YoY Change 652.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 840.0M
YoY Change 1550.29%
NET CHANGE
Cash From Operating Activities 36.10M
Cash From Investing Activities -460.0M
Cash From Financing Activities 840.0M
Net Change In Cash 416.1M
YoY Change 3255.65%
FREE CASH FLOW
Cash From Operating Activities $36.10M
Capital Expenditures -$300.0K
Free Cash Flow $36.40M
YoY Change 56.22%

Facts In Submission

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0.0131
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0.0147
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0
nbtb Loans Purchased With Credit Deterioration
LoansPurchasedWithCreditDeterioration
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FinancingReceivableAllowanceForCreditLosses
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FinancingReceivableAllowanceForCreditLossesWriteOffs
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FinancingReceivableAllowanceForCreditLossesRecovery
5181000
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FinancingReceivableAllowanceForCreditLosses
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FinancingReceivableAllowanceForCreditLosses
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us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
15603000
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
4624000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
48480000
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FinancingReceivableAllowanceForCreditLosses
113500000
CY2021Q2 nbtb Financing Receivable Individually Evaluated For Impairment Number Of Relationships
FinancingReceivableIndividuallyEvaluatedForImpairmentNumberOfRelationships
5
CY2021Q2 nbtb Loans And Leases Receivable Individually Evaluated For Impairment
LoansAndLeasesReceivableIndividuallyEvaluatedForImpairment
15000000.0
CY2021Q2 nbtb Loans And Leases Receivable Allowance For Credit Losses Individually Evaluated For Impairment
LoansAndLeasesReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment
3400000
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FinancingReceivableIndividuallyEvaluatedForImpairmentNumberOfRelationships
5
CY2020Q4 nbtb Loans And Leases Receivable Individually Evaluated For Impairment
LoansAndLeasesReceivableIndividuallyEvaluatedForImpairment
15200000
CY2020Q4 nbtb Loans And Leases Receivable Allowance For Credit Losses Individually Evaluated For Impairment
LoansAndLeasesReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment
3200000
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40550000
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NotesReceivableGross
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FinancingReceivableRecordedInvestmentNonaccrualStatus
44647000
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NotesReceivableGross
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CY2021Q2 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
0
CY2020Q4 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
0
nbtb Threshold Period Past Due For Loans To Be Considered Nonperforming
ThresholdPeriodPastDueForLoansToBeConsideredNonperforming
P90D
CY2021Q2 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
1200105000
CY2021Q2 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
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1402169000
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1154959000
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FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
801247000
CY2021Q2 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
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628704000
CY2021Q2 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
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1531338000
CY2021Q2 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
715228000
CY2021Q2 us-gaap Financing Receivable Revolving Converted To Term Loan
FinancingReceivableRevolvingConvertedToTermLoan
83877000
CY2021Q2 us-gaap Notes Receivable Gross
NotesReceivableGross
7517627000
CY2020Q4 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
1927429000
CY2020Q4 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
1312819000
CY2020Q4 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
949810000
CY2020Q4 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
750728000
CY2020Q4 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
515688000
CY2020Q4 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
1262066000
CY2020Q4 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
749657000
CY2020Q4 us-gaap Financing Receivable Revolving Converted To Term Loan
FinancingReceivableRevolvingConvertedToTermLoan
30688000
CY2020Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
7498885000
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FinancingReceivableModificationsPostModificationRecordedInvestment2
1073000
CY2021Q2 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
4
CY2021Q2 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
388000
CY2021Q2 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
442000
CY2020Q2 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
7
CY2020Q2 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
269000
CY2020Q2 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
294000
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FinancingReceivableModificationsNumberOfContracts2
7
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FinancingReceivableModificationsPreModificationRecordedInvestment2
630000
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FinancingReceivableModificationsPostModificationRecordedInvestment2
694000
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FinancingReceivableModificationsNumberOfContracts2
15
us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
1004000
CY2021Q2 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
15
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FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
820000
CY2020Q2 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
27
CY2020Q2 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
1673000
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
28
us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
1236000
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
40
us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
2747000
CY2020Q2 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
0
CY2021Q2 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
0
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
0
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
0
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43474000
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43637000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
40296000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
24713000
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.93
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.57
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43474000
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43637000
CY2021Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
319000
CY2020Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
291000
CY2021Q2 us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
43793000
CY2020Q2 us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
43928000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
40296000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
24713000
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.92
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.56
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43517000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43735000
us-gaap Net Income Loss
NetIncomeLoss
80142000
us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43517000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43735000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
323000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
291000
us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
43840000
us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
44026000
us-gaap Net Income Loss
NetIncomeLoss
80142000
us-gaap Net Income Loss
NetIncomeLoss
35081000
nbtb Guarantor Obligations Period
GuarantorObligationsPeriod
P1Y

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