2019 Q3 Form 10-Q Financial Statement

#000143774919015202 Filed on August 01, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2019 Q2 2018 Q2
Revenue $227.2M $224.4M $213.1M
YoY Change 4.45% 5.29% 9.46%
Cost Of Revenue $168.2M $166.0M $156.3M
YoY Change 4.99% 6.21% 10.15%
Gross Profit $58.97M $58.43M $56.83M
YoY Change 2.91% 2.8% 7.67%
Gross Profit Margin 25.95% 26.03% 26.66%
Selling, General & Admin $49.20M $47.60M $45.90M
YoY Change 5.13% 3.7% 4.56%
% of Gross Profit 83.44% 81.47% 80.77%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.200M $7.207M $7.344M
YoY Change -0.83% -1.87% -2.33%
% of Gross Profit 12.21% 12.34% 12.92%
Operating Expenses $56.20M $54.60M $53.10M
YoY Change 4.27% 2.82% 3.91%
Operating Profit $2.774M $3.835M $3.758M
YoY Change -19.73% 2.05% 123.96%
Interest Expense $1.161M $1.256M $1.170M
YoY Change -1.53% 7.35% 33.56%
% of Operating Profit 41.85% 32.75% 31.13%
Other Income/Expense, Net
YoY Change
Pretax Income $1.613M $2.579M $2.588M
YoY Change -29.16% -0.35% 222.69%
Income Tax $252.0K $581.0K $597.0K
% Of Pretax Income 15.62% 22.53% 23.07%
Net Earnings $1.400M $1.998M $1.991M
YoY Change -33.33% 0.35% 232.94%
Net Earnings / Revenue 0.62% 0.89% 0.93%
Basic Earnings Per Share $0.06 $0.09 $0.09
Diluted Earnings Per Share $0.06 $0.09 $0.09
COMMON SHARES
Basic Shares Outstanding 22.45M 22.44M 22.36M
Diluted Shares Outstanding 22.53M 22.50M

Balance Sheet

Concept 2019 Q3 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.200M $11.70M $7.200M
YoY Change -34.04% 62.5% 41.18%
Cash & Equivalents $6.214M $11.66M $7.204M
Short-Term Investments
Other Short-Term Assets $7.700M $3.300M $3.200M
YoY Change 196.15% 3.13% 45.45%
Inventory $96.20M $96.10M $97.20M
Prepaid Expenses
Receivables $5.059M $3.956M $4.913M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $115.2M $115.0M $112.6M
YoY Change 3.81% 2.16% 8.77%
LONG-TERM ASSETS
Property, Plant & Equipment $201.6M $195.5M $187.6M
YoY Change 6.82% 4.18% 0.35%
Goodwill $5.198M $5.198M
YoY Change 0.0%
Intangibles $5.659M $3.313M
YoY Change 574.49%
Long-Term Investments
YoY Change
Other Assets $1.700M $1.700M $1.700M
YoY Change 0.0% 0.0% 6.25%
Total Long-Term Assets $211.9M $205.3M $195.0M
YoY Change 8.06% 5.27% 0.38%
TOTAL ASSETS
Total Short-Term Assets $115.2M $115.0M $112.6M
Total Long-Term Assets $211.9M $205.3M $195.0M
Total Assets $327.1M $320.3M $307.6M
YoY Change 6.52% 4.13% 3.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $63.16M $61.03M $58.21M
YoY Change 3.37% 4.83% 1.26%
Accrued Expenses $19.06M $19.20M $17.63M
YoY Change 6.78% 8.92% 9.71%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.000M $1.000M $700.0K
YoY Change 42.86% 42.86% 40.0%
Total Short-Term Liabilities $83.27M $81.21M $76.54M
YoY Change 4.49% 6.1% 3.32%
LONG-TERM LIABILITIES
Long-Term Debt $57.20M $59.30M $56.80M
YoY Change 6.72% 4.4% -3.73%
Other Long-Term Liabilities $19.40M $19.40M $21.20M
YoY Change -5.83% -8.49% 3.41%
Total Long-Term Liabilities $86.94M $83.78M $86.66M
YoY Change 7.78% -3.32% -4.79%
TOTAL LIABILITIES
Total Short-Term Liabilities $83.27M $81.21M $76.54M
Total Long-Term Liabilities $86.94M $83.78M $86.66M
Total Liabilities $170.2M $165.0M $163.2M
YoY Change 6.14% 1.1% -1.15%
SHAREHOLDERS EQUITY
Retained Earnings $100.9M $99.56M $89.42M
YoY Change 10.29% 11.34% 15.22%
Common Stock $56.34M $56.19M $56.10M
YoY Change 0.15% 0.15% 0.36%
Preferred Stock
YoY Change
Treasury Stock (at cost) $400.0K $426.0K $1.108M
YoY Change -61.54% -61.55% 37.64%
Treasury Stock Shares $47.22K $56.07K $145.8K
Shareholders Equity $156.9M $155.3M $144.4M
YoY Change
Total Liabilities & Shareholders Equity $327.1M $320.3M $307.6M
YoY Change 6.52% 4.13% 3.3%

Cashflow Statement

Concept 2019 Q3 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income $1.400M $1.998M $1.991M
YoY Change -33.33% 0.35% 232.94%
Depreciation, Depletion And Amortization $7.200M $7.207M $7.344M
YoY Change -0.83% -1.87% -2.33%
Cash From Operating Activities $9.080M $5.710M $8.570M
YoY Change -27.65% -33.37% -36.14%
INVESTING ACTIVITIES
Capital Expenditures -$9.880M -$4.950M -$6.110M
YoY Change 40.14% -18.99% -53.54%
Acquisitions
YoY Change
Other Investing Activities $0.00 $60.00K $130.0K
YoY Change -100.0% -53.85% 333.33%
Cash From Investing Activities -$9.880M -$4.910M -$5.990M
YoY Change 40.74% -18.03% -54.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.650M -420.0K -3.450M
YoY Change 39.64% -87.83% -675.0%
NET CHANGE
Cash From Operating Activities 9.080M 5.710M 8.570M
Cash From Investing Activities -9.880M -4.910M -5.990M
Cash From Financing Activities -4.650M -420.0K -3.450M
Net Change In Cash -5.450M 380.0K -870.0K
YoY Change -347.73% -143.68% -197.75%
FREE CASH FLOW
Cash From Operating Activities $9.080M $5.710M $8.570M
Capital Expenditures -$9.880M -$4.950M -$6.110M
Free Cash Flow $18.96M $10.66M $14.68M
YoY Change -3.27% -27.38% -44.75%

Facts In Submission

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us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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