2023 Q3 Form 10-Q Financial Statement

#000112148423000077 Filed on July 27, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $194.3M $183.5M
YoY Change 2.58% 0.93%
Cost Of Revenue $150.4M $142.0M
YoY Change -0.58% -0.09%
Gross Profit $43.86M $41.50M
YoY Change 15.14% 4.59%
Gross Profit Margin 22.58% 22.61%
Selling, General & Admin $24.24M $23.53M
YoY Change 3.71% -0.96%
% of Gross Profit 55.27% 56.7%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.10M $15.54M
YoY Change -1.77% 29.47%
% of Gross Profit 25.31% 37.44%
Operating Expenses $24.24M $38.23M
YoY Change 3.71% 60.92%
Operating Profit $6.190M $3.269M
YoY Change 22.38% -399.91%
Interest Expense -$1.428M -$2.059M
YoY Change -45.85% -21.95%
% of Operating Profit -23.07% -62.99%
Other Income/Expense, Net $186.0K $210.0K
YoY Change -62.12% -44.15%
Pretax Income $4.400M $1.420M
YoY Change 51.72% -141.76%
Income Tax $200.0K $862.0K
% Of Pretax Income 4.55% 60.7%
Net Earnings $4.212M $558.0K
YoY Change 96.55% -110.85%
Net Earnings / Revenue 2.17% 0.3%
Basic Earnings Per Share $0.07 $0.01
Diluted Earnings Per Share $0.07 $0.01
COMMON SHARES
Basic Shares Outstanding 63.90M shares 64.25M shares
Diluted Shares Outstanding 63.06M shares 63.17M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $52.90M $42.42M
YoY Change 59.82% 90.69%
Cash & Equivalents $52.90M $42.42M
Short-Term Investments
Other Short-Term Assets $36.02M $28.22M
YoY Change 98.28% 43.36%
Inventory $206.5M $205.1M
Prepaid Expenses
Receivables $189.2M $177.2M
Other Receivables $4.310M $3.754M
Total Short-Term Assets $484.7M $456.7M
YoY Change 9.62% 7.17%
LONG-TERM ASSETS
Property, Plant & Equipment $279.1M $319.3M
YoY Change -8.5% 1.39%
Goodwill $79.40M $79.78M
YoY Change 1.04% 0.37%
Intangibles $157.1M $161.5M
YoY Change -9.82% -10.09%
Long-Term Investments
YoY Change
Other Assets $25.69M $27.80M
YoY Change -2.32% 1.63%
Total Long-Term Assets $563.3M $588.3M
YoY Change -7.38% -6.04%
TOTAL ASSETS
Total Short-Term Assets $484.7M $456.7M
Total Long-Term Assets $563.3M $588.3M
Total Assets $1.048B $1.045B
YoY Change -0.22% -0.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $58.49M $56.73M
YoY Change -3.62% 3.63%
Accrued Expenses $49.14M $36.41M
YoY Change -4.94% -21.43%
Deferred Revenue $50.37M $53.03M
YoY Change -0.71% 10.74%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $589.0K $513.0K
YoY Change -97.06% -98.64%
Total Short-Term Liabilities $167.6M $162.7M
YoY Change -13.68% -16.87%
LONG-TERM LIABILITIES
Long-Term Debt $135.4M $135.3M
YoY Change 0.34% 0.3%
Other Long-Term Liabilities $20.43M $40.30M
YoY Change 4.49% 96.49%
Total Long-Term Liabilities $20.43M $175.6M
YoY Change 4.49% 756.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $167.6M $162.7M
Total Long-Term Liabilities $20.43M $175.6M
Total Liabilities $349.7M $346.9M
YoY Change -7.06% -8.79%
SHAREHOLDERS EQUITY
Retained Earnings $279.0M $274.7M
YoY Change 3.65% 2.9%
Common Stock $1.128B $1.126B
YoY Change 0.61% 1.54%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $698.4M $698.1M
YoY Change
Total Liabilities & Shareholders Equity $1.048B $1.045B
YoY Change -0.22% -0.69%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $4.212M $558.0K
YoY Change 96.55% -110.85%
Depreciation, Depletion And Amortization $11.10M $15.54M
YoY Change -1.77% 29.47%
Cash From Operating Activities $13.64M $44.66M
YoY Change -53.03% 6280.0%
INVESTING ACTIVITIES
Capital Expenditures $6.032M $10.77M
YoY Change -11.42% 199.58%
Acquisitions
YoY Change
Other Investing Activities $3.630M $449.0K
YoY Change 662.61% -106.1%
Cash From Investing Activities -$2.402M -$10.32M
YoY Change -62.08% -5.79%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -120.0K -8.207M
YoY Change -98.82% 26.57%
NET CHANGE
Cash From Operating Activities 13.64M 44.66M
Cash From Investing Activities -2.402M -10.32M
Cash From Financing Activities -120.0K -8.207M
Net Change In Cash 11.11M 26.13M
YoY Change -11.13% -256.11%
FREE CASH FLOW
Cash From Operating Activities $13.64M $44.66M
Capital Expenditures $6.032M $10.77M
Free Cash Flow $7.603M $33.89M
YoY Change -65.78% -1270.64%

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CY2023Q2 us-gaap Deferred Compensation Arrangement With Individual Recorded Liability
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CY2023Q2 us-gaap Allocated Share Based Compensation Expense
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CY2023Q2 us-gaap Revenue Remaining Performance Obligation
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CY2023Q2 ois Revenue Remaining Performance Obligation Percentage Remaining In Year Two And Thereafter
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0001121484-23-000077-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
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ois-20230630_cal.xml Edgar Link unprocessable