2018 Q1 Form 10-Q Financial Statement

#000089467118000022 Filed on May 10, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1
Revenue $12.71M $11.74M
YoY Change 8.27% 20.14%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $1.199M $873.0K
YoY Change 37.34% 30.3%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $4.022M $4.458M
YoY Change -9.78% 14.69%
Income Tax $656.0K $1.241M
% Of Pretax Income 16.31% 27.84%
Net Earnings $3.366M $3.217M
YoY Change 4.63% 13.59%
Net Earnings / Revenue 26.49% 27.41%
Basic Earnings Per Share $0.71 $0.69
Diluted Earnings Per Share $715.5K $689.5K
COMMON SHARES
Basic Shares Outstanding 4.712M 4.672M
Diluted Shares Outstanding 0.000

Balance Sheet

Concept 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $144.2M $111.9M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $13.48M $13.47M
YoY Change 0.05% 29.5%
Goodwill $7.371M $7.371M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.096B $1.037B
YoY Change 5.76% 17.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $14.60M $13.40M
YoY Change 8.96% 9.84%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due $1.400M $1.800M
YoY Change -22.22% -25.0%
Total Short-Term Liabilities $16.00M $15.20M
YoY Change 5.26% 4.11%
LONG-TERM LIABILITIES
Long-Term Debt $14.00M $14.40M
YoY Change -2.78% 44.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $14.00M $14.40M
YoY Change -2.78% 44.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $16.00M $15.20M
Total Long-Term Liabilities $14.00M $14.40M
Total Liabilities $985.2M $929.1M
YoY Change 6.04% 17.62%
SHAREHOLDERS EQUITY
Retained Earnings $75.07M $71.35M
YoY Change 5.21%
Common Stock $53.97M $52.54M
YoY Change 2.71%
Preferred Stock
YoY Change
Treasury Stock (at cost) $15.71M $15.71M
YoY Change 0.0%
Treasury Stock Shares $659.7K $659.7K
Shareholders Equity $111.2M $107.7M
YoY Change
Total Liabilities & Shareholders Equity $1.096B $1.037B
YoY Change 5.76% 17.34%

Cashflow Statement

Concept 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income $3.366M $3.217M
YoY Change 4.63% 13.59%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $5.668M $4.137M
YoY Change 37.01% -22.53%
INVESTING ACTIVITIES
Capital Expenditures $473.0K $959.0K
YoY Change -50.68% 333.94%
Acquisitions
YoY Change
Other Investing Activities -$4.500M -$10.15M
YoY Change -55.67% -300.2%
Cash From Investing Activities -$4.971M -$11.11M
YoY Change -55.26% -329.09%
FINANCING ACTIVITIES
Cash Dividend Paid $987.0K $980.0K
YoY Change 0.71% 13.29%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 68.89M 78.73M
YoY Change -12.49% -5.81%
NET CHANGE
Cash From Operating Activities 5.668M 4.137M
Cash From Investing Activities -4.971M -11.11M
Cash From Financing Activities 68.89M 78.73M
Net Change In Cash 69.59M 71.75M
YoY Change -3.01% -23.48%
FREE CASH FLOW
Cash From Operating Activities $5.668M $4.137M
Capital Expenditures $473.0K $959.0K
Free Cash Flow $5.195M $3.178M
YoY Change 63.47% -37.92%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt">USE OF ESTIMATES IN THE PREPARATION OF FINANCIAL STATEMENTS:</div> The accounting and reporting policies followed by the Company conform to US GAAP established by the Financial Accounting Standards Board (&#x201c;FASB&#x201d;). The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and the disclosures provided, and actual results could differ.</div>
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