2018 Q1 Form 10-Q Financial Statement
#000149315218006553 Filed on May 10, 2018
Income Statement
| Concept | 2018 Q1 | 2017 Q1 |
|---|---|---|
| Revenue | $41.23M | $34.52M |
| YoY Change | 19.43% | 0.36% |
| Cost Of Revenue | $15.94M | $14.69M |
| YoY Change | 8.51% | 181.04% |
| Gross Profit | $25.28M | $19.83M |
| YoY Change | 27.48% | -32.02% |
| Gross Profit Margin | 61.32% | 57.44% |
| Selling, General & Admin | $11.84M | $9.630M |
| YoY Change | 22.95% | 11.72% |
| % of Gross Profit | 46.84% | 48.56% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $1.900M | $1.610M |
| YoY Change | 18.01% | -11.54% |
| % of Gross Profit | 7.52% | 8.12% |
| Operating Expenses | $14.75M | $12.21M |
| YoY Change | 20.8% | -54.52% |
| Operating Profit | $8.231M | $7.487M |
| YoY Change | 9.94% | -0.83% |
| Interest Expense | -$2.040M | -$1.820M |
| YoY Change | 12.09% | -7.14% |
| % of Operating Profit | -24.78% | -24.31% |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $6.190M | $5.660M |
| YoY Change | 9.36% | 1.32% |
| Income Tax | $1.500M | $1.910M |
| % Of Pretax Income | 24.23% | 33.75% |
| Net Earnings | $4.685M | $3.759M |
| YoY Change | 24.63% | -31.72% |
| Net Earnings / Revenue | 11.36% | 10.89% |
| Basic Earnings Per Share | $0.48 | $0.39 |
| Diluted Earnings Per Share | $0.48 | $0.39 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 9.719M shares | 9.719M shares |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2018 Q1 | 2017 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $12.50M | $13.20M |
| YoY Change | -5.3% | 45.05% |
| Cash & Equivalents | $12.50M | $13.20M |
| Short-Term Investments | ||
| Other Short-Term Assets | $9.500M | $8.700M |
| YoY Change | 9.2% | 171.88% |
| Inventory | $2.400M | $2.100M |
| Prepaid Expenses | ||
| Receivables | $5.200M | $2.500M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $29.60M | $26.50M |
| YoY Change | 11.7% | 50.18% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $158.7M | $144.6M |
| YoY Change | 9.75% | 0.1% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $1.400M | $2.300M |
| YoY Change | -39.13% | 67.27% |
| Total Long-Term Assets | $281.7M | $249.6M |
| YoY Change | 12.86% | -3.56% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $29.60M | $26.50M |
| Total Long-Term Assets | $281.7M | $249.6M |
| Total Assets | $311.3M | $276.1M |
| YoY Change | 12.75% | -0.13% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $1.600M | $2.200M |
| YoY Change | -27.27% | 4.31% |
| Accrued Expenses | $9.000M | $7.800M |
| YoY Change | 15.38% | -6.04% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $12.30M | $12.20M |
| YoY Change | 0.82% | 39.35% |
| Total Short-Term Liabilities | $25.60M | $24.80M |
| YoY Change | 3.23% | 21.46% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $114.9M | $90.10M |
| YoY Change | 27.52% | -3.07% |
| Other Long-Term Liabilities | $1.400M | $600.0K |
| YoY Change | 133.33% | -73.67% |
| Total Long-Term Liabilities | $116.3M | $90.70M |
| YoY Change | 28.22% | -4.76% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $25.60M | $24.80M |
| Total Long-Term Liabilities | $116.3M | $90.70M |
| Total Liabilities | $160.2M | $143.5M |
| YoY Change | 11.64% | -0.73% |
| 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 | $151.2M | $132.5M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $311.3M | $276.1M |
| YoY Change | 12.75% | -0.13% |
Cashflow Statement
| Concept | 2018 Q1 | 2017 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $4.685M | $3.759M |
| YoY Change | 24.63% | -31.72% |
| Depreciation, Depletion And Amortization | $1.900M | $1.610M |
| YoY Change | 18.01% | -11.54% |
| Cash From Operating Activities | $5.930M | $5.510M |
| YoY Change | 7.62% | -20.26% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$6.240M | -$2.670M |
| YoY Change | 133.71% | -78.93% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $40.00K | $2.080M |
| YoY Change | -98.08% | 230.16% |
| Cash From Investing Activities | -$6.200M | -$590.0K |
| YoY Change | 950.85% | -95.1% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 810.0K | -3.780M |
| YoY Change | -121.43% | -165.06% |
| NET CHANGE | ||
| Cash From Operating Activities | 5.930M | 5.510M |
| Cash From Investing Activities | -6.200M | -590.0K |
| Cash From Financing Activities | 810.0K | -3.780M |
| Net Change In Cash | 540.0K | 1.140M |
| YoY Change | -52.63% | 67.65% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $5.930M | $5.510M |
| Capital Expenditures | -$6.240M | -$2.670M |
| Free Cash Flow | $12.17M | $8.180M |
| YoY Change | 48.78% | -58.22% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| us-gaap |
Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
|
USD | ||
| CY2018Q1 | us-gaap |
Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
|
USD | |
| CY2017Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9719000 | shares |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9744000 | shares | |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9719000 | shares | |
| CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9719000 | shares |
| us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
shares |
