2011 Q3 Form 10-Q Financial Statement
#000110465911062753 Filed on November 09, 2011
Income Statement
| Concept | 2011 Q3 | 2010 Q3 |
|---|---|---|
| Revenue | $40.52M | $12.34M |
| YoY Change | 228.38% | 78.58% |
| Cost Of Revenue | $32.64M | |
| YoY Change | ||
| Gross Profit | $7.890M | |
| YoY Change | ||
| Gross Profit Margin | 19.47% | |
| Selling, General & Admin | $5.200M | -$2.210M |
| YoY Change | -335.29% | -156.23% |
| % of Gross Profit | 65.91% | |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $840.0K | $300.0K |
| YoY Change | 180.0% | 30.43% |
| % of Gross Profit | 10.65% | |
| Operating Expenses | $38.68M | $13.01M |
| YoY Change | 197.29% | 102.96% |
| Operating Profit | $1.845M | |
| YoY Change | ||
| Interest Expense | $2.223M | -$410.0K |
| YoY Change | -642.2% | 41.38% |
| % of Operating Profit | 120.49% | |
| Other Income/Expense, Net | $1.297M | -$50.00K |
| YoY Change | -2694.0% | |
| Pretax Income | $3.142M | -$1.530M |
| YoY Change | -305.36% | -865.0% |
| Income Tax | $204.0K | -$10.00K |
| % Of Pretax Income | 6.49% | |
| Net Earnings | $2.780M | -$1.500M |
| YoY Change | -285.33% | -850.0% |
| Net Earnings / Revenue | 6.86% | -12.16% |
| Basic Earnings Per Share | $0.32 | |
| Diluted Earnings Per Share | $0.27 | -$3.000M |
| COMMON SHARES | ||
| Basic Shares Outstanding | 11.28M shares | |
| Diluted Shares Outstanding | 13.32M shares |
Balance Sheet
| Concept | 2011 Q3 | 2010 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $10.00M | $5.500M |
| YoY Change | 81.82% | 175.0% |
| Cash & Equivalents | $10.05M | $5.455M |
| Short-Term Investments | ||
| Other Short-Term Assets | $4.600M | $700.0K |
| YoY Change | 557.14% | 75.0% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $18.90M | $6.300M |
| Other Receivables | $0.00 | $400.0K |
| Total Short-Term Assets | $33.57M | $12.90M |
| YoY Change | 160.25% | 180.43% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $83.80M | $23.60M |
| YoY Change | 255.08% | 43.9% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $11.90M | $7.700M |
| YoY Change | 54.55% | 285.0% |
| Total Long-Term Assets | $124.7M | $36.30M |
| YoY Change | 243.56% | 62.05% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $33.57M | $12.90M |
| Total Long-Term Assets | $124.7M | $36.30M |
| Total Assets | $158.3M | $49.20M |
| YoY Change | 221.72% | 82.22% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $10.10M | $2.200M |
| YoY Change | 359.09% | 214.29% |
| Accrued Expenses | $11.80M | $5.300M |
| YoY Change | 122.64% | 82.76% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $11.10M | $800.0K |
| YoY Change | 1287.5% | 14.29% |
| Total Short-Term Liabilities | $32.97M | $8.300M |
| YoY Change | 297.25% | 93.02% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $101.1M | $25.80M |
| YoY Change | 291.86% | 56.36% |
| Other Long-Term Liabilities | $3.700M | $700.0K |
| YoY Change | 428.57% | -12.5% |
| Total Long-Term Liabilities | $104.8M | $26.50M |
| YoY Change | 295.47% | 53.18% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $32.97M | $8.300M |
| Total Long-Term Liabilities | $104.8M | $26.50M |
| Total Liabilities | $137.8M | $35.60M |
| YoY Change | 287.08% | 63.3% |
| 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 | $20.50M | $13.50M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $158.3M | $49.20M |
| YoY Change | 221.75% | 82.22% |
Cashflow Statement
| Concept | 2011 Q3 | 2010 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $2.780M | -$1.500M |
| YoY Change | -285.33% | -850.0% |
| Depreciation, Depletion And Amortization | $840.0K | $300.0K |
| YoY Change | 180.0% | 30.43% |
| Cash From Operating Activities | -$200.0K | -$770.0K |
| YoY Change | -74.03% | -232.76% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$790.0K | -$150.0K |
| YoY Change | 426.67% | -28.57% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$19.18M | -$5.500M |
| YoY Change | 248.73% | -7957.14% |
| Cash From Investing Activities | -$19.97M | -$5.650M |
| YoY Change | 253.45% | 3935.71% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 24.56M | 9.120M |
| YoY Change | 169.3% | -4442.86% |
| NET CHANGE | ||
| Cash From Operating Activities | -200.0K | -770.0K |
| Cash From Investing Activities | -19.97M | -5.650M |
| Cash From Financing Activities | 24.56M | 9.120M |
| Net Change In Cash | 4.390M | 2.700M |
| YoY Change | 62.59% | 1073.91% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$200.0K | -$770.0K |
| Capital Expenditures | -$790.0K | -$150.0K |
| Free Cash Flow | $590.0K | -$620.0K |
| YoY Change | -195.16% | -178.48% |
Facts In Submission
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|---|---|---|---|---|
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Management Receivables Net
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Preferred Stock Value
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Common Stock Shares Outstanding
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Assets Current
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Receivables Long Term Contracts Or Programs
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Cash And Cash Equivalents At Carrying Value
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| dei |
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Q3 | ||
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Document Fiscal Year Focus
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2011 | ||
| dei |
Entity Filer Category
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Smaller Reporting Company | ||
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Entity Current Reporting Status
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Yes | ||
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--12-31 | ||
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Document Period End Date
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2011-09-30 | ||
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10-Q | ||
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ADCARE HEALTH SYSTEMS INC | ||
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