2016 Q1 Form 10-Q Financial Statement

#000106953316000044 Filed on May 06, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $21.78M $26.43M
YoY Change -17.61% -19.17%
Cost Of Revenue $11.13M $16.22M
YoY Change -31.38% -28.04%
Gross Profit $10.65M $10.21M
YoY Change 4.26% 0.52%
Gross Profit Margin 48.9% 38.64%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.410M $1.310M
YoY Change 7.63% 5.65%
% of Gross Profit 13.24% 12.83%
Operating Expenses $5.200M $5.330M
YoY Change -2.44% 5.75%
Operating Profit $5.444M $4.879M
YoY Change 11.58% -4.72%
Interest Expense $415.9K $385.2K
YoY Change 7.99% -15.47%
% of Operating Profit 7.64% 7.89%
Other Income/Expense, Net -$28.44K -$6.934K
YoY Change 310.1% -84.85%
Pretax Income $5.034M $4.487M
YoY Change 12.18% -2.86%
Income Tax $1.922M $1.708M
% Of Pretax Income 38.19% 38.06%
Net Earnings $3.111M $2.779M
YoY Change 11.95% -2.37%
Net Earnings / Revenue 14.29% 10.52%
Basic Earnings Per Share $0.44 $0.59
Diluted Earnings Per Share $0.44 $0.59
COMMON SHARES
Basic Shares Outstanding 7.140M shares 4.725M shares
Diluted Shares Outstanding 7.146M shares 4.729M shares

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $700.0K $900.0K
YoY Change -22.22% -76.32%
Cash & Equivalents $699.3K $878.3K
Short-Term Investments
Other Short-Term Assets $1.661M $1.524M
YoY Change 8.99% 10.25%
Inventory $3.900M $3.800M
Prepaid Expenses
Receivables $8.356M $11.07M
Other Receivables $0.00 $0.00
Total Short-Term Assets $15.03M $20.79M
YoY Change -27.71% -13.68%
LONG-TERM ASSETS
Property, Plant & Equipment $124.4M $113.3M
YoY Change 9.8% 10.21%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.700M
YoY Change
Other Assets $126.4K $306.8K
YoY Change -58.81% 331.03%
Total Long-Term Assets $12.83M $9.589M
YoY Change 33.81% 112.57%
TOTAL ASSETS
Total Short-Term Assets $15.03M $20.79M
Total Long-Term Assets $12.83M $9.589M
Total Assets $152.3M $143.6M
YoY Change 6.01% 9.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.888M $4.519M
YoY Change -13.96% -34.31%
Accrued Expenses $2.447M $2.873M
YoY Change -14.84% -2.55%
Deferred Revenue
YoY Change
Short-Term Debt $7.500M $2.600M
YoY Change 188.46% -82.67%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $22.23M $19.44M
YoY Change 14.33% -42.61%
LONG-TERM LIABILITIES
Long-Term Debt $32.43M $30.50M
YoY Change 6.34% 167.54%
Other Long-Term Liabilities $25.10M $21.80M
YoY Change 15.14% 16.58%
Total Long-Term Liabilities $41.30M $38.56M
YoY Change 7.13% 15.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $22.23M $19.44M
Total Long-Term Liabilities $41.30M $38.56M
Total Liabilities $63.53M $58.00M
YoY Change 9.54% -13.75%
SHAREHOLDERS EQUITY
Retained Earnings $25.88M $24.21M
YoY Change 6.91% 5.57%
Common Stock $32.93M $32.06M
YoY Change 2.71% 0.98%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $56.59M $55.14M
YoY Change
Total Liabilities & Shareholders Equity $152.3M $143.6M
YoY Change 6.01% 9.28%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income $3.111M $2.779M
YoY Change 11.95% -2.37%
Depreciation, Depletion And Amortization $1.410M $1.310M
YoY Change 7.63% 5.65%
Cash From Operating Activities $12.22M $16.32M
YoY Change -25.12% 48.91%
INVESTING ACTIVITIES
Capital Expenditures -$4.240M -$2.420M
YoY Change 75.21% -22.44%
Acquisitions
YoY Change
Other Investing Activities -$250.0K $0.00
YoY Change -100.0%
Cash From Investing Activities -$4.490M -$2.430M
YoY Change 84.77% -22.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -7.920M -13.71M
YoY Change -42.23% 200.0%
NET CHANGE
Cash From Operating Activities 12.22M 16.32M
Cash From Investing Activities -4.490M -2.430M
Cash From Financing Activities -7.920M -13.71M
Net Change In Cash -190.0K 180.0K
YoY Change -205.56% -94.5%
FREE CASH FLOW
Cash From Operating Activities $12.22M $16.32M
Capital Expenditures -$4.240M -$2.420M
Free Cash Flow $16.46M $18.74M
YoY Change -12.17% 33.1%

Facts In Submission

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us-gaap Weighted Average Number Of Shares Outstanding Basic
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4754067 shares

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