2018 Q2 Form 10-Q Financial Statement

#000156459018015468 Filed on June 12, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $557.4M $562.1M
YoY Change -0.83% 23.41%
Cost Of Revenue $348.1M $391.8M
YoY Change -11.15% 19.46%
Gross Profit $209.3M $170.3M
YoY Change 22.95% 33.56%
Gross Profit Margin 37.55% 30.29%
Selling, General & Admin $161.2M $163.4M
YoY Change -1.35% 17.6%
% of Gross Profit 77.01% 95.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $22.70M $16.00M
YoY Change 41.88% 26.98%
% of Gross Profit 10.84% 9.4%
Operating Expenses $161.2M $163.4M
YoY Change -1.35% 17.6%
Operating Profit $48.13M $6.856M
YoY Change 602.06% -159.75%
Interest Expense -$15.10M -$8.000M
YoY Change 88.75% -175.99%
% of Operating Profit -31.37% -116.69%
Other Income/Expense, Net -$4.200M
YoY Change 35.48%
Pretax Income $33.00M -$5.300M
YoY Change -722.64% -75.91%
Income Tax $7.600M -$1.900M
% Of Pretax Income 23.03%
Net Earnings $25.46M -$3.370M
YoY Change -855.52% -74.98%
Net Earnings / Revenue 4.57% -0.6%
Basic Earnings Per Share $1.18 -$0.09
Diluted Earnings Per Share $1.01 -$0.09
COMMON SHARES
Basic Shares Outstanding 21.55M 37.61M
Diluted Shares Outstanding 25.23M 37.61M

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $20.80M $80.20M
YoY Change -74.06% -76.22%
Cash & Equivalents $22.68M $80.15M
Short-Term Investments $0.00
Other Short-Term Assets $54.80M $101.7M
YoY Change -46.12% 0.39%
Inventory $530.7M $684.0M
Prepaid Expenses
Receivables $38.60M $34.10M
Other Receivables $5.300M $14.70M
Total Short-Term Assets $650.1M $914.7M
YoY Change -28.93% -26.35%
LONG-TERM ASSETS
Property, Plant & Equipment $811.4M $702.7M
YoY Change 15.47% 25.83%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00
YoY Change -100.0%
Other Assets $44.90M $56.10M
YoY Change -19.96% 105.48%
Total Long-Term Assets $1.099B $1.034B
YoY Change 6.31% 28.16%
TOTAL ASSETS
Total Short-Term Assets $650.1M $914.7M
Total Long-Term Assets $1.099B $1.034B
Total Assets $1.749B $1.948B
YoY Change -10.23% -4.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $166.0M $124.6M
YoY Change 33.21% -16.08%
Accrued Expenses $99.20M $111.4M
YoY Change -10.95% 10.96%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $6.080M
YoY Change
Total Short-Term Liabilities $496.5M $443.9M
YoY Change 11.85% 9.75%
LONG-TERM LIABILITIES
Long-Term Debt $1.167B $802.9M
YoY Change 45.3% 13.55%
Other Long-Term Liabilities $77.20M $6.146M
YoY Change 1156.1% 376.43%
Total Long-Term Liabilities $1.244B $6.146M
YoY Change 20137.55% 376.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $496.5M $443.9M
Total Long-Term Liabilities $1.244B $6.146M
Total Liabilities $1.740B $1.326B
YoY Change 31.28% 13.4%
SHAREHOLDERS EQUITY
Retained Earnings $159.4M
YoY Change
Common Stock $851.2M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.001B
YoY Change
Treasury Stock Shares
Shareholders Equity $5.226M $622.8M
YoY Change
Total Liabilities & Shareholders Equity $1.749B $1.948B
YoY Change -10.23% -5.0%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $25.46M -$3.370M
YoY Change -855.52% -74.98%
Depreciation, Depletion And Amortization $22.70M $16.00M
YoY Change 41.88% 26.98%
Cash From Operating Activities $7.756M $123.9M
YoY Change -93.74% -237.11%
INVESTING ACTIVITIES
Capital Expenditures -$17.70M -$21.20M
YoY Change -16.51% -146.82%
Acquisitions
YoY Change
Other Investing Activities $180.7M
YoY Change 374.28%
Cash From Investing Activities -$27.12M $159.5M
YoY Change -117.0% -2285.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $300.1M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 16.79M -299.1M
YoY Change -105.61%
NET CHANGE
Cash From Operating Activities 7.756M 123.9M
Cash From Investing Activities -27.12M 159.5M
Cash From Financing Activities 16.79M -299.1M
Net Change In Cash -2.573M -15.61M
YoY Change -83.52% -84.02%
FREE CASH FLOW
Cash From Operating Activities $7.756M $123.9M
Capital Expenditures -$17.70M -$21.20M
Free Cash Flow $25.46M $145.1M
YoY Change -82.46% -206.98%

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