2021 Q3 Form 10-Q Financial Statement

#000143774921019894 Filed on August 13, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2021 Q2 2020 Q2
Revenue $87.12M $81.03M $87.13M
YoY Change -7.26% -7.01% 21.45%
Cost Of Revenue $69.44M $62.67M $65.39M
YoY Change -5.16% -4.16% 14.58%
Gross Profit $17.68M $18.36M $21.74M
YoY Change -14.69% -15.55% 48.15%
Gross Profit Margin 20.29% 22.66% 24.95%
Selling, General & Admin $6.291M $7.364M $6.360M
YoY Change 1.27% 15.79% 5.32%
% of Gross Profit 35.59% 40.11% 29.25%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $734.0K $731.0K $746.0K
YoY Change -0.54% -2.01% -21.56%
% of Gross Profit 4.15% 3.98% 3.43%
Operating Expenses $6.291M $7.364M $6.360M
YoY Change 1.27% 15.79% 5.32%
Operating Profit $11.33M $10.94M $15.33M
YoY Change -21.6% -28.61% 77.48%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $565.0K $700.0K $953.0K
YoY Change -30.42% -26.55% -41.82%
Pretax Income $11.90M $11.64M $16.28M
YoY Change -22.07% -28.49% 58.46%
Income Tax $2.603M $2.650M $3.625M
% Of Pretax Income 21.88% 22.76% 22.26%
Net Earnings $9.292M $8.993M $12.66M
YoY Change -23.45% -28.95% 55.19%
Net Earnings / Revenue 10.67% 11.1% 14.53%
Basic Earnings Per Share $1.32 $1.28
Diluted Earnings Per Share $1.316M $1.268M $1.814M
COMMON SHARES
Basic Shares Outstanding 7.060K 7.053M 7.019M
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q3 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $115.5M $117.2M $130.7M
YoY Change -6.46% -10.33% -15.65%
Cash & Equivalents $73.05M $65.12M $32.36M
Short-Term Investments $42.47M $52.10M $98.40M
Other Short-Term Assets $12.45M $10.29M $11.18M
YoY Change 36.8% -7.99% 78.36%
Inventory $143.1M $141.1M $132.3M
Prepaid Expenses
Receivables $49.87M $48.12M $52.38M
Other Receivables $2.871M $2.900M $2.800M
Total Short-Term Assets $323.8M $319.6M $329.5M
YoY Change -3.27% -3.01% 3.05%
LONG-TERM ASSETS
Property, Plant & Equipment $37.71M $37.56M $36.63M
YoY Change 2.74% 2.55% -9.49%
Goodwill $15.32M $15.32M $15.32M
YoY Change 0.0% 0.0% 33.37%
Intangibles $2.731M $2.785M $2.945M
YoY Change -5.57% -5.43% 194.5%
Long-Term Investments
YoY Change
Other Assets $6.015M $6.285M $10.15M
YoY Change -33.43% -38.07% 914.9%
Total Long-Term Assets $82.71M $75.63M $76.81M
YoY Change 8.94% -1.53% 18.55%
TOTAL ASSETS
Total Short-Term Assets $323.8M $319.6M $329.5M
Total Long-Term Assets $82.71M $75.63M $76.81M
Total Assets $406.5M $395.2M $406.3M
YoY Change -1.01% -2.73% 5.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $26.38M $27.68M $32.36M
YoY Change -8.71% -14.45% 61.78%
Accrued Expenses $16.63M $15.83M $13.38M
YoY Change 11.27% 18.34% 2.91%
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 $46.03M $51.53M $55.17M
YoY Change -1.31% -6.59% 31.04%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $940.0K $940.0K $535.0K
YoY Change -19.38% 75.7% -83.28%
Total Long-Term Liabilities $940.0K $940.0K $535.0K
YoY Change -19.38% 75.7% -83.28%
TOTAL LIABILITIES
Total Short-Term Liabilities $46.03M $51.53M $55.17M
Total Long-Term Liabilities $940.0K $940.0K $535.0K
Total Liabilities $56.85M $62.54M $58.63M
YoY Change 12.27% 6.68% 29.13%
SHAREHOLDERS EQUITY
Retained Earnings $341.8M $332.5M $341.5M
YoY Change -3.35% -2.64% 2.04%
Common Stock $20.70M $20.45M $19.36M
YoY Change 5.75% 5.59%
Preferred Stock
YoY Change
Treasury Stock (at cost) $12.91M $12.97M $13.51M
YoY Change -3.97% -4.0% -3.94%
Treasury Stock Shares
Shareholders Equity $349.7M $340.1M $347.7M
YoY Change
Total Liabilities & Shareholders Equity $406.5M $402.7M $406.3M
YoY Change -1.01% -0.9% 5.66%

Cashflow Statement

Concept 2021 Q3 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $9.292M $8.993M $12.66M
YoY Change -23.45% -28.95% 55.19%
Depreciation, Depletion And Amortization $734.0K $731.0K $746.0K
YoY Change -0.54% -2.01% -21.56%
Cash From Operating Activities -$697.0K $6.799M $4.050M
YoY Change -89.06% 67.88% -206.3%
INVESTING ACTIVITIES
Capital Expenditures -$836.0K $1.124M -$370.0K
YoY Change 8.57% -403.78% -65.09%
Acquisitions
YoY Change
Other Investing Activities $9.460M $16.95M -$14.35M
YoY Change -50.73% -218.12% -318.42%
Cash From Investing Activities $8.624M $15.83M -$14.72M
YoY Change -53.23% -207.52% -367.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.000K -$43.54M 0.000
YoY Change
NET CHANGE
Cash From Operating Activities -697.0K $6.799M 4.050M
Cash From Investing Activities 8.624M $15.83M -14.72M
Cash From Financing Activities -1.000K -$43.54M 0.000
Net Change In Cash 7.926M -$20.92M -10.67M
YoY Change -34.33% 96.02% -727.65%
FREE CASH FLOW
Cash From Operating Activities -$697.0K $6.799M $4.050M
Capital Expenditures -$836.0K $1.124M -$370.0K
Free Cash Flow $139.0K $5.675M $4.420M
YoY Change -102.48% 28.39% -260.73%

Facts In Submission

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402661000 USD

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