2016 Q4 Form 10-Q Financial Statement
#000149315217001256 Filed on February 09, 2017
Income Statement
| Concept | 2016 Q4 | 2015 Q4 |
|---|---|---|
| Revenue | $33.74M | $33.48M |
| YoY Change | 0.78% | -2.12% |
| Cost Of Revenue | $14.53M | $13.32M |
| YoY Change | 9.08% | 160.61% |
| Gross Profit | $19.21M | $20.16M |
| YoY Change | -4.71% | -21.48% |
| Gross Profit Margin | 56.94% | 60.22% |
| Selling, General & Admin | $10.16M | $8.900M |
| YoY Change | 14.16% | 1.14% |
| % of Gross Profit | 52.89% | 44.15% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $1.620M | $1.820M |
| YoY Change | -10.99% | 10.3% |
| % of Gross Profit | 8.43% | 9.03% |
| Operating Expenses | $12.82M | $13.90M |
| YoY Change | -7.77% | -50.47% |
| Operating Profit | $6.333M | $5.717M |
| YoY Change | 10.77% | -6.89% |
| Interest Expense | -$1.980M | -$1.910M |
| YoY Change | 3.66% | 18.63% |
| % of Operating Profit | -31.26% | -33.41% |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $4.360M | $3.806M |
| YoY Change | 14.56% | -25.53% |
| Income Tax | $1.450M | $1.367M |
| % Of Pretax Income | 33.26% | 35.92% |
| Net Earnings | $2.898M | $2.552M |
| YoY Change | 13.56% | -24.05% |
| Net Earnings / Revenue | 8.59% | 7.62% |
| Basic Earnings Per Share | $0.30 | $0.25 |
| Diluted Earnings Per Share | $0.30 | $0.25 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 9.768M shares | 10.30M shares |
| Diluted Shares Outstanding | 9.814M shares | 10.64M shares |
Balance Sheet
| Concept | 2016 Q4 | 2015 Q4 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $12.10M | $9.000M |
| YoY Change | 34.44% | -34.78% |
| Cash & Equivalents | $12.10M | $8.400M |
| Short-Term Investments | $600.0K | |
| Other Short-Term Assets | $11.10M | $3.700M |
| YoY Change | 200.0% | -58.89% |
| Inventory | $2.100M | $2.700M |
| Prepaid Expenses | ||
| Receivables | $3.700M | $1.900M |
| Other Receivables | $0.00 | $800.0K |
| Total Short-Term Assets | $29.00M | $18.10M |
| YoY Change | 60.22% | -33.46% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $143.4M | $133.4M |
| YoY Change | 7.5% | 17.12% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $2.200M | $2.300M |
| YoY Change | -4.35% | -4.17% |
| Total Long-Term Assets | $248.5M | $249.0M |
| YoY Change | -0.2% | 14.34% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $29.00M | $18.10M |
| Total Long-Term Assets | $248.5M | $249.0M |
| Total Assets | $277.5M | $267.1M |
| YoY Change | 3.89% | 9.03% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $2.000M | $1.600M |
| YoY Change | 25.0% | -20.0% |
| Accrued Expenses | $9.700M | $9.800M |
| YoY Change | -1.02% | 28.95% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $10.00M | $9.200M |
| YoY Change | 8.7% | -2.13% |
| Total Short-Term Liabilities | $24.20M | $22.30M |
| YoY Change | 8.52% | -36.83% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $95.70M | $85.20M |
| YoY Change | 12.32% | 41.06% |
| Other Long-Term Liabilities | $500.0K | $2.700M |
| YoY Change | -81.48% | 200.0% |
| Total Long-Term Liabilities | $96.20M | $87.90M |
| YoY Change | 9.44% | 43.39% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $24.20M | $22.30M |
| Total Long-Term Liabilities | $96.20M | $87.90M |
| Total Liabilities | $148.4M | $144.6M |
| YoY Change | 2.63% | 9.05% |
| 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 | $129.1M | $122.5M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $277.5M | $267.1M |
| YoY Change | 3.89% | 6.75% |
Cashflow Statement
| Concept | 2016 Q4 | 2015 Q4 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $2.898M | $2.552M |
| YoY Change | 13.56% | -24.05% |
| Depreciation, Depletion And Amortization | $1.620M | $1.820M |
| YoY Change | -10.99% | 10.3% |
| Cash From Operating Activities | $5.520M | $4.200M |
| YoY Change | 31.43% | -17.49% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$3.010M | $889.0K |
| YoY Change | -438.58% | 12.25% |
| Acquisitions | $0.00 | |
| YoY Change | -100.0% | |
| Other Investing Activities | $20.00K | $0.00 |
| YoY Change | -100.0% | |
| Cash From Investing Activities | -$2.990M | -$890.0K |
| YoY Change | 235.96% | -10.1% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | $2.795M | |
| YoY Change | 157.6% | |
| Debt Paid & Issued, Net | $4.656M | |
| YoY Change | -1.17% | |
| Cash From Financing Activities | -1.800M | -2.950M |
| YoY Change | -38.98% | 231.46% |
| NET CHANGE | ||
| Cash From Operating Activities | 5.520M | 4.200M |
| Cash From Investing Activities | -2.990M | -890.0K |
| Cash From Financing Activities | -1.800M | -2.950M |
| Net Change In Cash | 730.0K | 360.0K |
| YoY Change | 102.78% | -88.79% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $5.520M | $4.200M |
| Capital Expenditures | -$3.010M | $889.0K |
| Free Cash Flow | $8.530M | $3.311M |
| YoY Change | 157.63% | -22.96% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2016Q4 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2017 | |
| CY2016Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9768000 | shares |
| CY2016Q4 | us-gaap |
Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
|
5000 | USD |
| CY2015Q4 | us-gaap |
Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
|
85000 | USD |
| CY2016Q4 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
46000 | shares |
| CY2015Q4 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
339000 | shares |
| CY2016Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
9814000 | shares |
| CY2015Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
10635000 | shares |
