2017 Q4 Form 10-Q Financial Statement
#000149315218003020 Filed on March 07, 2018
Income Statement
| Concept | 2017 Q4 | 2016 Q4 |
|---|---|---|
| Revenue | $41.21M | $33.74M |
| YoY Change | 22.15% | 0.78% |
| Cost Of Revenue | $17.26M | $14.53M |
| YoY Change | 18.79% | 9.08% |
| Gross Profit | $23.95M | $19.21M |
| YoY Change | 24.67% | -4.71% |
| Gross Profit Margin | 58.11% | 56.94% |
| Selling, General & Admin | $11.75M | $10.16M |
| YoY Change | 15.65% | 14.16% |
| % of Gross Profit | 49.06% | 52.89% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $1.910M | $1.620M |
| YoY Change | 17.9% | -10.99% |
| % of Gross Profit | 7.97% | 8.43% |
| Operating Expenses | $14.72M | $12.82M |
| YoY Change | 14.82% | -7.77% |
| Operating Profit | $9.140M | $6.333M |
| YoY Change | 44.32% | 10.77% |
| Interest Expense | -$3.010M | -$1.980M |
| YoY Change | 52.02% | 3.66% |
| % of Operating Profit | -32.93% | -31.26% |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $6.130M | $4.360M |
| YoY Change | 40.6% | 14.56% |
| Income Tax | $1.470M | $1.450M |
| % Of Pretax Income | 23.98% | 33.26% |
| Net Earnings | $14.31M | $2.898M |
| YoY Change | 393.82% | 13.56% |
| Net Earnings / Revenue | 34.73% | 8.59% |
| Basic Earnings Per Share | $1.47 | $0.30 |
| Diluted Earnings Per Share | $1.47 | $0.30 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 9.719M shares | 9.768M shares |
| Diluted Shares Outstanding | 9.719M shares | 9.814M shares |
Balance Sheet
| Concept | 2017 Q4 | 2016 Q4 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $12.00M | $12.10M |
| YoY Change | -0.83% | 34.44% |
| Cash & Equivalents | $12.00M | $12.10M |
| Short-Term Investments | ||
| Other Short-Term Assets | $9.100M | $11.10M |
| YoY Change | -18.02% | 200.0% |
| Inventory | $2.400M | $2.100M |
| Prepaid Expenses | ||
| Receivables | $4.100M | $3.700M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $27.60M | $29.00M |
| YoY Change | -4.83% | 60.22% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $154.3M | $143.4M |
| YoY Change | 7.6% | 7.5% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $1.500M | $2.200M |
| YoY Change | -31.82% | -4.35% |
| Total Long-Term Assets | $279.0M | $248.5M |
| YoY Change | 12.27% | -0.2% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $27.60M | $29.00M |
| Total Long-Term Assets | $279.0M | $248.5M |
| Total Assets | $306.6M | $277.5M |
| YoY Change | 10.49% | 3.89% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $2.600M | $2.000M |
| YoY Change | 30.0% | 25.0% |
| Accrued Expenses | $9.200M | $9.700M |
| YoY Change | -5.15% | -1.02% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $14.00M | $10.00M |
| YoY Change | 40.0% | 8.7% |
| Total Short-Term Liabilities | $28.20M | $24.20M |
| YoY Change | 16.53% | 8.52% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $111.9M | $95.70M |
| YoY Change | 16.93% | 12.32% |
| Other Long-Term Liabilities | $1.300M | $500.0K |
| YoY Change | 160.0% | -81.48% |
| Total Long-Term Liabilities | $113.2M | $96.20M |
| YoY Change | 17.67% | 9.44% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $28.20M | $24.20M |
| Total Long-Term Liabilities | $113.2M | $96.20M |
| Total Liabilities | $159.8M | $148.4M |
| YoY Change | 7.68% | 2.63% |
| 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 | $146.8M | $129.1M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $306.6M | $277.5M |
| YoY Change | 10.49% | 3.89% |
Cashflow Statement
| Concept | 2017 Q4 | 2016 Q4 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $14.31M | $2.898M |
| YoY Change | 393.82% | 13.56% |
| Depreciation, Depletion And Amortization | $1.910M | $1.620M |
| YoY Change | 17.9% | -10.99% |
| Cash From Operating Activities | $8.150M | $5.520M |
| YoY Change | 47.64% | 31.43% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$2.770M | -$3.010M |
| YoY Change | -7.97% | -438.58% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $680.0K | $20.00K |
| YoY Change | 3300.0% | |
| Cash From Investing Activities | -$2.090M | -$2.990M |
| YoY Change | -30.1% | 235.96% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -4.020M | -1.800M |
| YoY Change | 123.33% | -38.98% |
| NET CHANGE | ||
| Cash From Operating Activities | 8.150M | 5.520M |
| Cash From Investing Activities | -2.090M | -2.990M |
| Cash From Financing Activities | -4.020M | -1.800M |
| Net Change In Cash | 2.040M | 730.0K |
| YoY Change | 179.45% | 102.78% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $8.150M | $5.520M |
| Capital Expenditures | -$2.770M | -$3.010M |
| Free Cash Flow | $10.92M | $8.530M |
| YoY Change | 28.02% | 157.63% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2017Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
9719000 | shares |
| CY2017Q4 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2018 | |
| CY2016Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9768000 | shares |
| CY2017Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9719000 | shares |
| CY2016Q4 | us-gaap |
Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
|
5000 | USD |
| CY2017Q4 | us-gaap |
Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
|
USD | |
| CY2016Q4 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
46000 | shares |
| CY2017Q4 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
shares |
