2017 Q1 Form 10-Q Financial Statement

#000106953317000014 Filed on May 05, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $21.90M $21.78M
YoY Change 0.56% -17.61%
Cost Of Revenue $11.07M $11.13M
YoY Change -0.54% -31.38%
Gross Profit $10.83M $10.65M
YoY Change 1.69% 4.26%
Gross Profit Margin 49.45% 48.9%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.590M $1.410M
YoY Change 12.77% 7.63%
% of Gross Profit 14.68% 13.24%
Operating Expenses $5.240M $5.200M
YoY Change 0.77% -2.44%
Operating Profit $5.589M $5.444M
YoY Change 2.66% 11.58%
Interest Expense $469.5K $415.9K
YoY Change 12.87% 7.99%
% of Operating Profit 8.4% 7.64%
Other Income/Expense, Net -$10.57K -$28.44K
YoY Change -62.83% 310.1%
Pretax Income $5.203M $5.034M
YoY Change 3.36% 12.18%
Income Tax $1.978M $1.922M
% Of Pretax Income 38.01% 38.19%
Net Earnings $3.225M $3.111M
YoY Change 3.66% 11.95%
Net Earnings / Revenue 14.73% 14.29%
Basic Earnings Per Share $0.45 $0.44
Diluted Earnings Per Share $0.45 $0.44
COMMON SHARES
Basic Shares Outstanding 7.215M shares 7.140M shares
Diluted Shares Outstanding 7.245M shares 7.146M shares

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $500.0K $700.0K
YoY Change -28.57% -22.22%
Cash & Equivalents $546.1K $699.3K
Short-Term Investments
Other Short-Term Assets $1.644M $1.661M
YoY Change -1.07% 8.99%
Inventory $3.100M $3.900M
Prepaid Expenses
Receivables $10.32M $8.356M
Other Receivables $0.00 $0.00
Total Short-Term Assets $15.62M $15.03M
YoY Change 3.95% -27.71%
LONG-TERM ASSETS
Property, Plant & Equipment $141.5M $124.4M
YoY Change 13.75% 9.8%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $5.200M $1.700M
YoY Change 205.88%
Other Assets $138.6K $126.4K
YoY Change 9.7% -58.81%
Total Long-Term Assets $19.91M $12.83M
YoY Change 55.19% 33.81%
TOTAL ASSETS
Total Short-Term Assets $15.62M $15.03M
Total Long-Term Assets $19.91M $12.83M
Total Assets $177.1M $152.3M
YoY Change 16.28% 6.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.617M $3.888M
YoY Change 44.47% -13.96%
Accrued Expenses $2.583M $2.447M
YoY Change 5.56% -14.84%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $7.500M
YoY Change -100.0% 188.46%
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $18.55M $22.23M
YoY Change -16.54% 14.33%
LONG-TERM LIABILITIES
Long-Term Debt $50.10M $32.43M
YoY Change 54.46% 6.34%
Other Long-Term Liabilities $29.20M $25.10M
YoY Change 16.33% 15.14%
Total Long-Term Liabilities $48.46M $41.30M
YoY Change 17.34% 7.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $18.55M $22.23M
Total Long-Term Liabilities $48.46M $41.30M
Total Liabilities $67.02M $63.53M
YoY Change 5.49% 9.54%
SHAREHOLDERS EQUITY
Retained Earnings $26.07M $25.88M
YoY Change 0.74% 6.91%
Common Stock $36.20M $32.93M
YoY Change 9.95% 2.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $59.95M $56.59M
YoY Change
Total Liabilities & Shareholders Equity $177.1M $152.3M
YoY Change 16.28% 6.01%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $3.225M $3.111M
YoY Change 3.66% 11.95%
Depreciation, Depletion And Amortization $1.590M $1.410M
YoY Change 12.77% 7.63%
Cash From Operating Activities $13.75M $12.22M
YoY Change 12.52% -25.12%
INVESTING ACTIVITIES
Capital Expenditures -$6.960M -$4.240M
YoY Change 64.15% 75.21%
Acquisitions
YoY Change
Other Investing Activities -$430.0K -$250.0K
YoY Change 72.0%
Cash From Investing Activities -$7.390M -$4.490M
YoY Change 64.59% 84.77%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -6.000M -7.920M
YoY Change -24.24% -42.23%
NET CHANGE
Cash From Operating Activities 13.75M 12.22M
Cash From Investing Activities -7.390M -4.490M
Cash From Financing Activities -6.000M -7.920M
Net Change In Cash 360.0K -190.0K
YoY Change -289.47% -205.56%
FREE CASH FLOW
Cash From Operating Activities $13.75M $12.22M
Capital Expenditures -$6.960M -$4.240M
Free Cash Flow $20.71M $16.46M
YoY Change 25.82% -12.17%

Facts In Submission

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