2010 Q4 Form 10-K Financial Statement
#000115752312000927 Filed on February 21, 2012
Income Statement
| Concept | 2010 Q4 | 2010 Q3 | 2010 Q2 |
|---|---|---|---|
| Revenue | $286.8M | $273.1M | $280.6M |
| YoY Change | 5.13% | 3.47% | 4.52% |
| Cost Of Revenue | $207.4M | $209.8M | $210.0M |
| YoY Change | 1.72% | 10.02% | 6.38% |
| Gross Profit | $79.40M | $63.30M | $70.60M |
| YoY Change | 15.24% | -3.51% | -0.7% |
| Gross Profit Margin | 27.68% | 23.18% | 25.16% |
| Selling, General & Admin | $50.00M | $38.40M | $40.10M |
| YoY Change | 37.36% | -5.42% | -2.67% |
| % of Gross Profit | 62.97% | 60.66% | 56.8% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $8.300M | $8.000M | $8.200M |
| YoY Change | 2.47% | 3.9% | 5.13% |
| % of Gross Profit | 10.45% | 12.64% | 11.61% |
| Operating Expenses | $58.30M | $49.10M | $50.00M |
| YoY Change | 17.78% | -2.19% | -3.85% |
| Operating Profit | $22.22M | $13.78M | $22.80M |
| YoY Change | 14.54% | -29.94% | -7.33% |
| Interest Expense | $0.00 | -$1.200M | $1.333M |
| YoY Change | -100.0% | -183.68% | -7.43% |
| % of Operating Profit | 0.0% | -8.71% | 5.85% |
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | $22.20M | $12.50M | $21.66M |
| YoY Change | 14.43% | -32.02% | -7.05% |
| Income Tax | $6.700M | $4.000M | $7.560M |
| % Of Pretax Income | 30.18% | 32.0% | 34.9% |
| Net Earnings | $14.03M | $7.848M | $13.19M |
| YoY Change | -3.28% | -33.15% | -6.95% |
| Net Earnings / Revenue | 4.89% | 2.87% | 4.7% |
| Basic Earnings Per Share | $0.55 | $0.30 | $0.49 |
| Diluted Earnings Per Share | $0.55 | $0.30 | $0.49 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 26.76M shares | ||
| Diluted Shares Outstanding | 26.97M shares |
Balance Sheet
| Concept | 2010 Q4 | 2010 Q3 | 2010 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $47.80M | $28.20M | $37.70M |
| YoY Change | 87.45% | -33.96% | 55.14% |
| Cash & Equivalents | $47.83M | $28.20M | $37.71M |
| Short-Term Investments | |||
| Other Short-Term Assets | $3.732M | $20.30M | $3.642M |
| YoY Change | -0.43% | 416.67% | -8.63% |
| Inventory | $17.40M | $16.10M | $15.29M |
| Prepaid Expenses | $10.01M | $10.27M | |
| Receivables | $25.36M | $24.70M | $22.91M |
| Other Receivables | $4.700M | $0.00 | $0.00 |
| Total Short-Term Assets | $112.4M | $89.30M | $98.72M |
| YoY Change | 33.77% | -12.55% | 14.86% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $185.4M | $186.3M | $189.0M |
| YoY Change | -1.38% | -2.16% | -2.01% |
| Goodwill | $74.70M | $74.23M | |
| YoY Change | -0.49% | -3.23% | |
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $1.600M | $1.700M | |
| YoY Change | 6.67% | 0.0% | |
| Other Assets | $23.32M | $28.30M | $21.59M |
| YoY Change | 5.32% | 34.69% | 6.9% |
| Total Long-Term Assets | $303.6M | $308.6M | $307.5M |
| YoY Change | -1.99% | -0.58% | -3.24% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $112.4M | $89.30M | $98.72M |
| Total Long-Term Assets | $303.6M | $308.6M | $307.5M |
| Total Assets | $415.9M | $397.9M | $406.3M |
| YoY Change | 5.64% | -3.54% | 0.61% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $31.57M | $24.90M | $26.14M |
| YoY Change | 16.97% | -5.92% | 0.7% |
| Accrued Expenses | $52.98M | $50.00M | $49.38M |
| YoY Change | -2.33% | -7.0% | -3.35% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $99.00M | ||
| YoY Change | 2100.0% | ||
| Total Short-Term Liabilities | $90.69M | $86.30M | $184.9M |
| YoY Change | 4.14% | -8.28% | 94.56% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $99.02M | $99.00M | $0.00 |
| YoY Change | -0.08% | -0.1% | -100.0% |
| Other Long-Term Liabilities | $12.10M | $19.30M | $12.73M |
| YoY Change | -28.34% | -1.76% | -36.11% |
| Total Long-Term Liabilities | $111.1M | $118.3M | $12.73M |
| YoY Change | 558.04% | 502.19% | -36.11% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $90.69M | $86.30M | $184.9M |
| Total Long-Term Liabilities | $111.1M | $118.3M | $12.73M |
| Total Liabilities | $201.8M | $212.5M | $197.7M |
| YoY Change | 94.1% | 86.84% | 71.92% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $243.2M | $221.3M | |
| YoY Change | 27.16% | 33.48% | |
| Common Stock | $361.0K | $360.0K | |
| YoY Change | 0.84% | 0.84% | |
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | $291.0M | $268.7M | |
| YoY Change | 18.63% | 21.11% | |
| Treasury Stock Shares | |||
| Shareholders Equity | $198.7M | $185.3M | $193.2M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $415.9M | $397.9M | $406.3M |
| YoY Change | 5.64% | -3.54% | 0.61% |
Cashflow Statement
| Concept | 2010 Q4 | 2010 Q3 | 2010 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $14.03M | $7.848M | $13.19M |
| YoY Change | -3.28% | -33.15% | -6.95% |
| Depreciation, Depletion And Amortization | $8.300M | $8.000M | $8.200M |
| YoY Change | 2.47% | 3.9% | 5.13% |
| Cash From Operating Activities | $30.40M | $16.50M | $19.70M |
| YoY Change | 70.79% | -40.65% | -12.83% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$7.500M | -$6.700M | -$7.800M |
| YoY Change | -40.0% | 15.52% | -22.77% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $800.0K | $700.0K | $700.0K |
| YoY Change | -78.95% | -70.83% | -112.28% |
| Cash From Investing Activities | -$6.700M | -$6.100M | -$7.000M |
| YoY Change | -22.99% | 79.41% | -55.97% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -5.400M | -20.00M | -17.60M |
| YoY Change | -77.87% | 207.69% | 1500.0% |
| NET CHANGE | |||
| Cash From Operating Activities | 30.40M | 16.50M | 19.70M |
| Cash From Investing Activities | -6.700M | -6.100M | -7.000M |
| Cash From Financing Activities | -5.400M | -20.00M | -17.60M |
| Net Change In Cash | 18.30M | -9.600M | -4.900M |
| YoY Change | -219.61% | -153.63% | -187.5% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $30.40M | $16.50M | $19.70M |
| Capital Expenditures | -$7.500M | -$6.700M | -$7.800M |
| Free Cash Flow | $37.90M | $23.20M | $27.50M |
| YoY Change | 25.08% | -30.95% | -15.9% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2011Q4 | us-gaap |
Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
|
11387000 | |
| CY2010Q4 | us-gaap |
Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
|
12455000 | |
| CY2011 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
850000 | |
| CY2009 | us-gaap |
Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
|
312000 | |
| CY2009 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
2061000 | |
| CY2009 | us-gaap |
Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1
|
1142000 | |
| CY2010 | us-gaap |
Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
|
1431000 | |
| CY2010 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
2083000 | |
| CY2010 | us-gaap |
Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1
|
2828000 | |
| CY2010Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.62 | |
| CY2010Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
16875000 | |
| CY2010Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.62 | |
| CY2010Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
27942000 | |
| CY2010Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.49 | |
| CY2010Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
13192000 | |
| CY2010Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.49 | |
| CY2010Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
22799000 | |
| CY2010Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.30 | |
| CY2010Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
7848000 | |
| CY2010Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.30 | |
| CY2010Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
13783000 | |
| CY2010Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.55 | |
| CY2010Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
14025000 | |
| CY2010Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.55 | |
| CY2010Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
22220000 |
