2022 Q3 Form 10-Q Financial Statement

#000155837022011971 Filed on August 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2021 Q4
Revenue $131.4M $146.4M $168.5M
YoY Change -24.65% -12.85% 6.42%
Cost Of Revenue $24.34M $25.24M $27.46M
YoY Change -16.88% -5.91% 4.4%
Gross Profit $69.45M $77.34M $141.1M
YoY Change -26.61% -17.08% 67.46%
Gross Profit Margin 52.84% 52.81% 83.71%
Selling, General & Admin $7.554M $9.312M $8.034M
YoY Change 5.96% 29.12% 18.15%
% of Gross Profit 10.88% 12.04% 5.7%
Research & Development $0.00
YoY Change
% of Gross Profit 0.0%
Depreciation & Amortization $37.76M $43.99M $49.07M
YoY Change -25.39% -8.41% 2.35%
% of Gross Profit 54.37% 56.88% 34.79%
Operating Expenses $45.32M $53.30M $57.11M
YoY Change -21.52% -3.51% 4.4%
Operating Profit $61.77M $67.91M $83.96M
YoY Change -29.33% -21.01% 8.52%
Interest Expense -$4.887M -$2.471M -$1.614M
YoY Change 435.27% -266.06% 24.15%
% of Operating Profit -7.91% -3.64% -1.92%
Other Income/Expense, Net
YoY Change
Pretax Income $56.89M $65.43M $82.34M
YoY Change -34.23% -25.18% 8.32%
Income Tax $10.95M -$5.911M $13.98M
% Of Pretax Income 19.26% -9.03% 16.98%
Net Earnings $45.79M $71.14M $68.16M
YoY Change -34.75% -12.9% 13.82%
Net Earnings / Revenue 34.84% 48.58% 40.45%
Basic Earnings Per Share $0.70 $1.08
Diluted Earnings Per Share $0.70 $1.08 $1.039M
COMMON SHARES
Basic Shares Outstanding 65.64M 65.57M 65.64M
Diluted Shares Outstanding 65.66M 65.68M

Balance Sheet

Concept 2022 Q3 2022 Q2 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $122.2M $280.6M $143.6M
YoY Change -23.7% 24.21% -62.41%
Cash & Equivalents $122.2M $280.6M $143.6M
Short-Term Investments
Other Short-Term Assets $2.322M $1.971M $1.835M
YoY Change -11.14% 11.17% 22.33%
Inventory $13.69M $13.17M $11.61M
Prepaid Expenses
Receivables $28.48M $36.87M $54.09M
Other Receivables $15.06M $7.712M $4.915M
Total Short-Term Assets $181.8M $340.3M $216.0M
YoY Change -21.67% 14.54% -52.05%
LONG-TERM ASSETS
Property, Plant & Equipment $3.084B $2.390B $2.449B
YoY Change 24.54% 5.37% 9.42%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $700.0K $200.0K $1.700M
YoY Change -78.79% -93.55% -78.48%
Other Assets $110.6M $122.8M $97.28M
YoY Change 14.09% 33.07% 19.71%
Total Long-Term Assets $3.195B $2.513B $2.541B
YoY Change 24.15% 6.72% 9.85%
TOTAL ASSETS
Total Short-Term Assets $181.8M $340.3M $216.0M
Total Long-Term Assets $3.195B $2.513B $2.541B
Total Assets $3.377B $2.853B $2.757B
YoY Change 20.36% 7.6% -0.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.332M $7.067M $6.475M
YoY Change 34.02% 10.46% 150.29%
Accrued Expenses $943.0K
YoY Change -5.7%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $64.48M $64.01M $61.43M
YoY Change 6.99% 22.91% 7.48%
LONG-TERM LIABILITIES
Long-Term Debt $446.3M $0.00 $0.00
YoY Change 367.83% -100.0%
Other Long-Term Liabilities $5.854M $6.169M $6.688M
YoY Change -15.4% -14.28% -12.39%
Total Long-Term Liabilities $452.2M $6.169M $6.688M
YoY Change 341.92% -14.28% -96.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $64.48M $64.01M $61.43M
Total Long-Term Liabilities $452.2M $6.169M $6.688M
Total Liabilities $656.9M $156.4M $155.8M
YoY Change 161.52% 5.53% -56.6%
SHAREHOLDERS EQUITY
Retained Earnings $495.6M $472.8M $381.9M
YoY Change 47.17% 65.16% 101.11%
Common Stock $656.0K $656.0K $656.0K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.708B $2.684B $2.589B
YoY Change
Total Liabilities & Shareholders Equity $3.377B $2.853B $2.757B
YoY Change 20.36% 7.6% -0.24%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2021 Q4
OPERATING ACTIVITIES
Net Income $45.79M $71.14M $68.16M
YoY Change -34.75% -12.9% 13.82%
Depreciation, Depletion And Amortization $37.76M $43.99M $49.07M
YoY Change -25.39% -8.41% 2.35%
Cash From Operating Activities $94.99M $120.2M $118.9M
YoY Change -26.87% -0.54% 19.02%
INVESTING ACTIVITIES
Capital Expenditures -$678.0M -$41.00K -$16.07M
YoY Change 155.84% -99.95% -57.16%
Acquisitions
YoY Change
Other Investing Activities -$640.0K -$25.00K $669.0K
YoY Change -187.31% -99.73% -769.0%
Cash From Investing Activities -$678.6M -$66.00K -$15.40M
YoY Change 148.83% -99.93% -59.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 425.3M -23.22M -120.2M
YoY Change 451.28% -86.35% 28.37%
NET CHANGE
Cash From Operating Activities 94.99M 120.2M 118.9M
Cash From Investing Activities -678.6M -66.00K -15.40M
Cash From Financing Activities 425.3M -23.22M -120.2M
Net Change In Cash -158.4M 96.91M -16.66M
YoY Change 141.03% -167.11% -46.78%
FREE CASH FLOW
Cash From Operating Activities $94.99M $120.2M $118.9M
Capital Expenditures -$678.0M -$41.00K -$16.07M
Free Cash Flow $773.0M $120.2M $135.0M
YoY Change 95.75% -41.77% -1.77%

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