2021 Q2 Form 10-Q Financial Statement

#000078993321000049 Filed on August 04, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $45.90M $35.36M
YoY Change 29.81% -14.5%
Cost Of Revenue $36.91M $31.52M
YoY Change 17.12% -3.58%
Gross Profit $8.985M $3.840M
YoY Change 133.98% -55.7%
Gross Profit Margin 19.58% 10.86%
Selling, General & Admin $12.88M $12.59M
YoY Change 2.28% -1.54%
% of Gross Profit 143.33% 327.89%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.617M $4.624M
YoY Change 21.47% 9.11%
% of Gross Profit 62.52% 120.42%
Operating Expenses $13.86M $13.14M
YoY Change 5.49% -3.77%
Operating Profit $8.670M $4.482M
YoY Change 93.44% -51.08%
Interest Expense $359.0K $330.0K
YoY Change 8.79% 48.65%
% of Operating Profit 4.14% 7.36%
Other Income/Expense, Net $766.0K $1.102M
YoY Change -30.49% 83.06%
Pretax Income $9.436M $5.600M
YoY Change 68.5% -42.86%
Income Tax $2.931M -$466.0K
% Of Pretax Income 31.06% -8.32%
Net Earnings $6.505M $6.050M
YoY Change 7.52% -24.14%
Net Earnings / Revenue 14.17% 17.11%
Basic Earnings Per Share $0.91 $0.86
Diluted Earnings Per Share $0.91 $0.86
COMMON SHARES
Basic Shares Outstanding 7.153M shares 7.024M shares
Diluted Shares Outstanding 7.153M shares 7.024M shares

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $85.01M $95.50M
YoY Change -10.98% -2.95%
Cash & Equivalents $85.01M $95.55M
Short-Term Investments
Other Short-Term Assets $9.064M $19.09M
YoY Change -52.52% -4.56%
Inventory $49.72M $35.73M
Prepaid Expenses
Receivables $21.28M $25.10M
Other Receivables $9.334M $15.20M
Total Short-Term Assets $189.3M $190.7M
YoY Change -0.73% 8.61%
LONG-TERM ASSETS
Property, Plant & Equipment $185.1M $154.0M
YoY Change 20.23% 25.89%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $20.93M $25.34M
YoY Change -17.41% 13.25%
Other Assets $45.22M $36.63M
YoY Change 23.45% 48.69%
Total Long-Term Assets $284.7M $252.3M
YoY Change 12.87% 12.81%
TOTAL ASSETS
Total Short-Term Assets $189.3M $190.7M
Total Long-Term Assets $284.7M $252.3M
Total Assets $474.0M $443.0M
YoY Change 7.02% 10.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.889M $9.822M
YoY Change 0.68% 27.51%
Accrued Expenses $9.200M $12.70M
YoY Change -27.56% -60.68%
Deferred Revenue $868.0K $941.0K
YoY Change -7.76% 33.29%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $10.17M $941.0K
YoY Change 980.55% 88.58%
Total Short-Term Liabilities $40.43M $39.26M
YoY Change 2.96% -26.16%
LONG-TERM LIABILITIES
Long-Term Debt $21.81M $22.48M
YoY Change -3.01% 199.64%
Other Long-Term Liabilities $12.46M $8.509M
YoY Change 46.48% 24.11%
Total Long-Term Liabilities $12.46M $30.99M
YoY Change -59.78% 115.83%
TOTAL LIABILITIES
Total Short-Term Liabilities $40.43M $39.26M
Total Long-Term Liabilities $12.46M $30.99M
Total Liabilities $158.3M $143.7M
YoY Change 10.18% 13.11%
SHAREHOLDERS EQUITY
Retained Earnings $307.0M $294.4M
YoY Change 4.27% 8.68%
Common Stock $12.93M $8.942M
YoY Change 44.58% 15.62%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $315.7M $299.3M
YoY Change
Total Liabilities & Shareholders Equity $474.0M $443.0M
YoY Change 7.02% 10.97%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $6.505M $6.050M
YoY Change 7.52% -24.14%
Depreciation, Depletion And Amortization $5.617M $4.624M
YoY Change 21.47% 9.11%
Cash From Operating Activities $30.22M $18.60M
YoY Change 62.46% -17.7%
INVESTING ACTIVITIES
Capital Expenditures -$11.23M $7.441M
YoY Change -250.88% 333.88%
Acquisitions
YoY Change
Other Investing Activities $38.00K -$1.800M
YoY Change -102.11%
Cash From Investing Activities -$11.29M -$9.300M
YoY Change 21.39% 416.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -13.07M -7.500M
YoY Change 74.23% 368.75%
NET CHANGE
Cash From Operating Activities 30.22M 18.60M
Cash From Investing Activities -11.29M -9.300M
Cash From Financing Activities -13.07M -7.500M
Net Change In Cash 5.862M 1.800M
YoY Change 225.67% -90.63%
FREE CASH FLOW
Cash From Operating Activities $30.22M $18.60M
Capital Expenditures -$11.23M $7.441M
Free Cash Flow $41.44M $11.16M
YoY Change 271.4% -46.57%

Facts In Submission

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11202000 USD
us-gaap Depreciation Depletion And Amortization
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9168000 USD

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