2015 Form 10-K Financial Statement
#000119312515263948 Filed on July 27, 2015
Income Statement
| Concept | 2015 |
|---|---|
| Revenue | $590.6M |
| YoY Change | 4.13% |
| Cost Of Revenue | $362.2M |
| YoY Change | 3.07% |
| Gross Profit | $228.4M |
| YoY Change | 5.84% |
| Gross Profit Margin | 38.67% |
| Selling, General & Admin | $173.8M |
| YoY Change | 0.75% |
| % of Gross Profit | 76.09% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $4.310M |
| YoY Change | -18.98% |
| % of Gross Profit | 1.89% |
| Operating Expenses | $178.1M |
| YoY Change | 0.17% |
| Operating Profit | $50.30M |
| YoY Change | 32.37% |
| Interest Expense | $100.0K |
| YoY Change | -50.0% |
| % of Operating Profit | 0.2% |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | $50.40M |
| YoY Change | 32.28% |
| Income Tax | $22.90M |
| % Of Pretax Income | 45.44% |
| Net Earnings | $27.50M |
| YoY Change | 38.19% |
| Net Earnings / Revenue | 4.66% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | $719.9K |
| COMMON SHARES | |
| Basic Shares Outstanding | 37.83M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2015 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $112.2M |
| YoY Change | -1.84% |
| Cash & Equivalents | $87.30M |
| Short-Term Investments | $25.00M |
| Other Short-Term Assets | $12.70M |
| YoY Change | -1.55% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | $96.60M |
| Other Receivables | $200.0K |
| Total Short-Term Assets | $221.7M |
| YoY Change | 1.93% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $22.00M |
| YoY Change | -5.17% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $2.300M |
| YoY Change | -23.33% |
| Total Long-Term Assets | $195.3M |
| YoY Change | -3.6% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $221.7M |
| Total Long-Term Assets | $195.3M |
| Total Assets | $417.0M |
| YoY Change | -0.74% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $13.30M |
| YoY Change | -5.0% |
| Accrued Expenses | $48.60M |
| YoY Change | 6.58% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $68.90M |
| YoY Change | 2.53% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $7.600M |
| YoY Change | 7.04% |
| Total Long-Term Liabilities | $7.600M |
| YoY Change | 7.04% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $68.90M |
| Total Long-Term Liabilities | $7.600M |
| Total Liabilities | $76.50M |
| YoY Change | 2.96% |
| SHAREHOLDERS EQUITY | |
| Retained Earnings | |
| YoY Change | |
| Common Stock | |
| YoY Change | |
| Preferred Stock | |
| YoY Change | |
| Treasury Stock (at cost) | |
| YoY Change | |
| Treasury Stock Shares | |
| Shareholders Equity | $340.5M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $417.0M |
| YoY Change | -0.74% |
Cashflow Statement
| Concept | 2015 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $27.50M |
| YoY Change | 38.19% |
| Depreciation, Depletion And Amortization | $4.310M |
| YoY Change | -18.98% |
| Cash From Operating Activities | $31.75M |
| YoY Change | -0.84% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$2.360M |
| YoY Change | -36.73% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $9.000M |
| YoY Change | -200.11% |
| Cash From Investing Activities | $6.630M |
| YoY Change | -152.12% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -28.86M |
| YoY Change | -12.31% |
| NET CHANGE | |
| Cash From Operating Activities | 31.75M |
| Cash From Investing Activities | 6.630M |
| Cash From Financing Activities | -28.86M |
| Net Change In Cash | 9.520M |
| YoY Change | -169.95% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $31.75M |
| Capital Expenditures | -$2.360M |
| Free Cash Flow | $34.11M |
| YoY Change | -4.59% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2015 | recn |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant Increase Decrease Related To Restricted Stock
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrantIncreaseDecreaseRelatedToRestrictedStock
|
125000 | |
| CY2014Q2 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
199616000 | |
| CY2015Q2 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
192969000 | |
| CY2015 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
37825000 |
