2021 Q2 Form 10-Q Financial Statement

#000117148621000016 Filed on May 06, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2021 Q1 2020 Q1
Revenue $38.39M $37.09M $40.21M
YoY Change 25.69% -7.76% -39.79%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $8.558M $9.662M $9.115M
YoY Change -27.71% 6.0% -28.28%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.871M $5.092M $2.012M
YoY Change 136.23% 153.08% -54.19%
% of Gross Profit
Operating Expenses $13.45M $18.80M $11.13M
YoY Change -90.8% 68.93% -34.94%
Operating Profit $25.07M $18.35M $29.09M
YoY Change -121.76% -36.9% -41.75%
Interest Expense $9.683M $9.973M $10.31M
YoY Change -6.25% -3.25% -27.28%
% of Operating Profit 38.63% 54.34% 35.44%
Other Income/Expense, Net $9.683M $9.973M $10.31M
YoY Change -6.25% -3.25%
Pretax Income $15.38M $8.381M $18.78M
YoY Change -112.26% -55.37% -47.49%
Income Tax
% Of Pretax Income
Net Earnings $15.38M $8.381M $18.78M
YoY Change -112.26% -55.37% -47.43%
Net Earnings / Revenue 40.06% 22.6% 46.7%
Basic Earnings Per Share
Diluted Earnings Per Share $573.5K $675.5K $529.8K
COMMON SHARES
Basic Shares Outstanding 12.35M shares 12.35M shares 12.26M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q2 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $97.91M $96.77M $100.5M
YoY Change -11.66% -3.72% -10.56%
Cash & Equivalents $97.91M $96.77M $100.5M
Short-Term Investments
Other Short-Term Assets $4.038M $3.021M $1.166M
YoY Change -18.11% 159.09% -94.81%
Inventory
Prepaid Expenses
Receivables $15.32M $15.92M $34.11M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $117.3M $115.7M $135.8M
YoY Change -14.9% -14.79% -21.0%
LONG-TERM ASSETS
Property, Plant & Equipment $471.2M $475.6M $627.2M
YoY Change -4.4% -24.17% 70136.95%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $266.4M $261.3M $261.2M
YoY Change 5.55% 0.03% 4.52%
Other Assets $6.085M $6.678M $6.774M
YoY Change -28.86% -1.42% 19.32%
Total Long-Term Assets $792.9M $793.5M $947.6M
YoY Change -1.59% -16.27% -13.87%
TOTAL ASSETS
Total Short-Term Assets $117.3M $115.7M $135.8M
Total Long-Term Assets $792.9M $793.5M $947.6M
Total Assets $910.2M $909.2M $1.083B
YoY Change -3.54% -16.08% -14.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.293M $1.375M $1.272M
YoY Change 5.29% 8.1% -29.22%
Accrued Expenses $5.746M $4.853M $6.004M
YoY Change -4.66% -19.17% -3.16%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $39.06M $39.04M $45.77M
YoY Change -14.69% -14.69% -0.56%
Total Short-Term Liabilities $57.82M $64.67M $68.44M
YoY Change -9.56% -5.51% 7.49%
LONG-TERM LIABILITIES
Long-Term Debt $414.1M $416.1M $454.1M
YoY Change -8.41% -8.37% -16.17%
Other Long-Term Liabilities $4.819M $4.730M $4.804M
YoY Change -1.67% -1.54% 1.78%
Total Long-Term Liabilities $418.9M $420.9M $458.9M
YoY Change -8.33% -8.29% -16.01%
TOTAL LIABILITIES
Total Short-Term Liabilities $57.82M $64.67M $68.44M
Total Long-Term Liabilities $418.9M $420.9M $458.9M
Total Liabilities $528.5M $536.4M $581.4M
YoY Change -7.98% -7.75% -12.24%
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 $381.7M $372.8M $504.9M
YoY Change
Total Liabilities & Shareholders Equity $910.2M $909.2M $1.083B
YoY Change -3.54% -16.08% -14.84%

Cashflow Statement

Concept 2021 Q2 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $15.38M $8.381M $18.78M
YoY Change -112.26% -55.37% -47.43%
Depreciation, Depletion And Amortization $4.871M $5.092M $2.012M
YoY Change 136.23% 153.08% -54.19%
Cash From Operating Activities $13.38M $23.20M $31.86M
YoY Change -32.86% -27.18% 38.81%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $657.0K $600.0K $206.0K
YoY Change 80.0% 191.26% -32.9%
Cash From Investing Activities $657.0K $600.0K $206.0K
YoY Change 80.0% 191.26% -32.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $16.70M $16.70M
YoY Change 0.0% -80.69%
Cash From Financing Activities -12.90M -$26.82M -$29.83M
YoY Change 29.28% -10.07% -70.05%
NET CHANGE
Cash From Operating Activities 13.38M $23.20M $31.86M
Cash From Investing Activities 657.0K $600.0K $206.0K
Cash From Financing Activities -12.90M -$26.82M -$29.83M
Net Change In Cash 1.141M -$3.023M $2.241M
YoY Change -88.95% -234.9% -102.94%
FREE CASH FLOW
Cash From Operating Activities $13.38M $23.20M $31.86M
Capital Expenditures
Free Cash Flow
YoY Change

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59000 USD
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CY2021Q1 nrp Sharebased Compensation Arrangementby Sharebased Payment Award Equity Instruments Otherthan Options Grantsin Period Fair Value
SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantsinPeriodFairValue
3800000 USD
CY2020Q1 nrp Sharebased Compensation Arrangementby Sharebased Payment Award Equity Instruments Otherthan Options Grantsin Period Fair Value
SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantsinPeriodFairValue
3500000 USD
CY2021Q1 nrp Unaccrued Cost Associated With Outstanding Grants And Related Distribution Equivalent Rights
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CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
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P2Y
CY2020Q4 nrp Unaccrued Cost Associated With Outstanding Grants And Related Distribution Equivalent Rights
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CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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21.38
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2021Q1 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
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23.23
CY2021Q1 us-gaap Lessor Operating Lease Renewal Term
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P80Y
CY2021Q1 nrp Paymentsfor Proceedsfrom Loans Receivable Annual Minimum Payment
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PaymentsforProceedsfromLoansReceivableAnnualMinimumPayment
5000000.0 USD
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20986000 USD
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable
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CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2021Q1 us-gaap Contract With Customer Asset Gross
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CY2021Q1 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss
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3912000 USD
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CY2021Q1 us-gaap Provision For Loan Losses Expensed
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CY2020Q1 us-gaap Provision For Loan Losses Expensed
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400000 USD

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