2012 Q2 Form 10-Q Financial Statement

#000110465912057630 Filed on August 14, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $8.691M $8.346M
YoY Change 4.13% 4.19%
Cost Of Revenue $3.050M $3.310M
YoY Change -7.85% 5.75%
Gross Profit $5.640M $5.040M
YoY Change 11.9% 3.49%
Gross Profit Margin 64.9% 60.39%
Selling, General & Admin $770.0K $750.0K
YoY Change 2.67% 0.0%
% of Gross Profit 13.65% 14.88%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.534M $1.452M
YoY Change 5.66% 2.96%
% of Gross Profit 27.2% 28.81%
Operating Expenses $5.346M $5.509M
YoY Change -2.95% 155.04%
Operating Profit $3.344M $2.837M
YoY Change 17.89% 4.68%
Interest Expense $1.912M $1.983M
YoY Change -3.59% -165.45%
% of Operating Profit 57.17% 69.91%
Other Income/Expense, Net -$2.311M -$2.480M
YoY Change -6.81%
Pretax Income $1.020M $360.0K
YoY Change 183.33% -216.13%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings $1.047M $8.093M
YoY Change -87.06% -3337.31%
Net Earnings / Revenue 12.05% 96.98%
Basic Earnings Per Share
Diluted Earnings Per Share $8.077M $62.31M
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.200M $4.000M
YoY Change 30.0% -20.0%
Cash & Equivalents $5.182M $3.992M
Short-Term Investments
Other Short-Term Assets $3.700M $3.700M
YoY Change 0.0% 117.65%
Inventory
Prepaid Expenses
Receivables $400.0K $600.0K
Other Receivables $500.0K $300.0K
Total Short-Term Assets $9.800M $8.600M
YoY Change 13.95% 10.26%
LONG-TERM ASSETS
Property, Plant & Equipment $96.90M $100.7M
YoY Change -3.77% 7.13%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $15.30M $18.50M
YoY Change -17.3% -17.04%
Other Assets $0.00
YoY Change
Total Long-Term Assets $113.0M $120.1M
YoY Change -5.9% 1.09%
TOTAL ASSETS
Total Short-Term Assets $9.800M $8.600M
Total Long-Term Assets $113.0M $120.1M
Total Assets $122.8M $128.7M
YoY Change -4.57% 1.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.100M $2.200M
YoY Change -4.55% 0.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.100M $2.200M
YoY Change -4.55% 0.0%
LONG-TERM LIABILITIES
Long-Term Debt $138.6M $134.7M
YoY Change 2.9% -2.46%
Other Long-Term Liabilities $3.800M $12.30M
YoY Change -69.11% 16.04%
Total Long-Term Liabilities $142.4M $147.0M
YoY Change -3.13% -1.14%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.100M $2.200M
Total Long-Term Liabilities $142.4M $147.0M
Total Liabilities $144.5M $149.2M
YoY Change -3.16% -1.13%
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 -$21.70M -$20.50M
YoY Change
Total Liabilities & Shareholders Equity $122.8M $128.7M
YoY Change -4.57% 1.66%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income $1.047M $8.093M
YoY Change -87.06% -3337.31%
Depreciation, Depletion And Amortization $1.534M $1.452M
YoY Change 5.66% 2.96%
Cash From Operating Activities $3.130M $1.960M
YoY Change 59.69% -7.11%
INVESTING ACTIVITIES
Capital Expenditures -$460.0K -$10.50M
YoY Change -95.62% 2233.33%
Acquisitions
YoY Change
Other Investing Activities $350.0K $8.560M
YoY Change -95.91% 2493.94%
Cash From Investing Activities -$110.0K -$1.950M
YoY Change -94.36% 1525.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.410M 230.0K
YoY Change -1147.83% -117.16%
NET CHANGE
Cash From Operating Activities 3.130M 1.960M
Cash From Investing Activities -110.0K -1.950M
Cash From Financing Activities -2.410M 230.0K
Net Change In Cash 610.0K 240.0K
YoY Change 154.17% -63.08%
FREE CASH FLOW
Cash From Operating Activities $3.130M $1.960M
Capital Expenditures -$460.0K -$10.50M
Free Cash Flow $3.590M $12.46M
YoY Change -71.19% 386.72%

Facts In Submission

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0.12
nen Income Loss From Discontinued Operations Net Of Tax Per Outstanding Depository Receipt
IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingDepositoryReceipt
1.98
nen Net Income Loss Per Outstanding Depository Receipt
NetIncomeLossPerOutstandingDepositoryReceipt
2.10
CY2011Q2 nen Partners Capital Account Distribution Per Depository Receipt
PartnersCapitalAccountDistributionPerDepositoryReceipt
0.46
us-gaap Net Income Loss Per Outstanding Limited Partnership Unit
NetIncomeLossPerOutstandingLimitedPartnershipUnit
12.73
CY2012Q2 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit
NetIncomeLossPerOutstandingLimitedPartnershipUnit
7.97
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
4056940 USD
CY2012Q2 nen Partners Capital Account Quarterly Distribution Per Unit Of Limited Partner Interest
PartnersCapitalAccountQuarterlyDistributionPerUnitOfLimitedPartnerInterest
7.50 USDPerUnit
CY2012Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive
79629000 USD
CY2012Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive
199000 USD
CY2012Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour
189000 USD
CY2012Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
9152000 USD
CY2012Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
29506000 USD
CY2012Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
19936000 USD
CY2012Q2 nen Partners Capital Account Treasury Units Issued
PartnersCapitalAccountTreasuryUnitsIssued
48827 shares
nen Partners Capital Account Depository Receipts Treasury
PartnersCapitalAccountDepositoryReceiptsTreasury
1197013 shares
nen Partners Capital Account Depository Receipts Treasury Average Repurchase Price Per Depository Receipt
PartnersCapitalAccountDepositoryReceiptsTreasuryAverageRepurchasePricePerDepositoryReceipt
24.62
us-gaap Partners Capital Account Treasury Units Purchases
PartnersCapitalAccountTreasuryUnitsPurchases
30549000 USD

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