2013 Q4 Form 10-Q Financial Statement

#000110465913078245 Filed on October 28, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue $13.43M $188.3M $169.6M
YoY Change -7.31% 11.0% 4.51%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $2.500M $2.200M $2.100M
YoY Change 25.0% 4.76% 31.25%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $141.3M $13.46M $11.55M
YoY Change 0.07% 16.52% 12.14%
Operating Profit
YoY Change
Interest Expense -$3.300M $1.100M $300.0K
YoY Change 106.25% 266.67% -137.5%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $40.81M $55.31M $36.48M
YoY Change 42.82% 51.61% 4.51%
Income Tax $7.000M $17.66M $11.02M
% Of Pretax Income 17.15% 31.93% 30.2%
Net Earnings $33.90M $37.60M $25.50M
YoY Change 35.06% 47.45% 6.25%
Net Earnings / Revenue 252.38% 19.97% 15.03%
Basic Earnings Per Share $0.79 $0.88 $0.60
Diluted Earnings Per Share $0.77 $0.86 $0.59
COMMON SHARES
Basic Shares Outstanding 21.45M shares 21.42M shares 21.22M shares
Diluted Shares Outstanding 21.77M shares 21.49M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $39.47M $87.40M $31.30M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $40.26M $36.01M $25.22M
YoY Change 43.86% 42.78% 29.32%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $49.79M $62.51M $58.24M
YoY Change -4.48% 7.32% -97.18%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.740B $2.887B $2.754B
YoY Change 3.62% 4.81% -1.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $59.60M $49.10M $45.50M
YoY Change 19.44% 7.91% -17.57%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $59.60M $49.10M $45.50M
YoY Change 19.44% 7.91% -17.57%
LONG-TERM LIABILITIES
Long-Term Debt $149.6M $250.0M $100.0M
YoY Change 49.6% 150.0% 0.0%
Other Long-Term Liabilities $13.90M $17.50M $8.300M
YoY Change -2.8% 110.84% -87.41%
Total Long-Term Liabilities $163.5M $267.5M $108.3M
YoY Change 43.04% 147.0% -34.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $59.60M $49.10M $45.50M
Total Long-Term Liabilities $163.5M $267.5M $108.3M
Total Liabilities $1.911B $2.032B $1.860B
YoY Change 3.41% 9.26% -3.48%
SHAREHOLDERS EQUITY
Retained Earnings $811.3M $849.2M $866.2M
YoY Change 4.26% -1.96%
Common Stock $274.6M $273.0M $266.1M
YoY Change 2.47% 2.6%
Preferred Stock
YoY Change
Treasury Stock (at cost) $404.6M $403.5M $403.2M
YoY Change 0.11% 0.08%
Treasury Stock Shares 22.93M shares 11.47M shares 11.47M shares
Shareholders Equity $829.0M $854.6M $894.4M
YoY Change
Total Liabilities & Shareholders Equity $2.740B $2.887B $2.754B
YoY Change 3.62% 4.81% -1.44%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $33.90M $37.60M $25.50M
YoY Change 35.06% 47.45% 6.25%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $53.30M $54.90M $45.30M
YoY Change 131.74% 21.19% 41.56%
INVESTING ACTIVITIES
Capital Expenditures -$14.60M -$2.600M -$6.200M
YoY Change 97.3% -58.06% 933.33%
Acquisitions
YoY Change
Other Investing Activities -$64.90M $28.00M -$34.00M
YoY Change -159.76% -182.35% 49.78%
Cash From Investing Activities -$79.60M $25.50M -$40.20M
YoY Change -178.66% -163.43% 71.79%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -21.60M -5.800M -5.800M
YoY Change -80.59% 0.0% -33.33%
NET CHANGE
Cash From Operating Activities 53.30M 54.90M 45.30M
Cash From Investing Activities -79.60M 25.50M -40.20M
Cash From Financing Activities -21.60M -5.800M -5.800M
Net Change In Cash -47.90M 74.60M -700.0K
YoY Change -471.32% -10757.14% 600.0%
FREE CASH FLOW
Cash From Operating Activities $53.30M $54.90M $45.30M
Capital Expenditures -$14.60M -$2.600M -$6.200M
Free Cash Flow $67.90M $57.50M $51.50M
YoY Change 123.36% 11.65% 57.98%

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