2009 Form 10-K Financial Statement
#000095012311018714 Filed on February 25, 2011
Income Statement
| Concept | 2009 | 2008 |
|---|---|---|
| Revenue | $113.0M | $142.5M |
| YoY Change | -20.7% | -20.79% |
| Cost Of Revenue | $6.876M | $21.30M |
| YoY Change | -67.72% | -21.39% |
| Gross Profit | $106.1M | $121.2M |
| YoY Change | -12.46% | -20.68% |
| Gross Profit Margin | 93.89% | 85.05% |
| Selling, General & Admin | $59.20M | $124.1M |
| YoY Change | -52.29% | 23.34% |
| % of Gross Profit | 55.8% | 102.37% |
| Research & Development | $67.30M | $76.20M |
| YoY Change | -11.68% | -8.08% |
| % of Gross Profit | 63.43% | 62.87% |
| Depreciation & Amortization | $13.70M | $15.60M |
| YoY Change | -12.18% | -5.45% |
| % of Gross Profit | 12.91% | 12.87% |
| Operating Expenses | $126.5M | $124.1M |
| YoY Change | 1.95% | -32.38% |
| Operating Profit | -$20.40M | -$2.877M |
| YoY Change | 609.07% | -90.63% |
| Interest Expense | -$16.90M | $3.400M |
| YoY Change | -597.06% | -68.22% |
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | -$92.70M | -$85.30M |
| YoY Change | 8.68% | 43.6% |
| Income Tax | -$500.0K | $113.8M |
| % Of Pretax Income | ||
| Net Earnings | -$92.20M | -$199.1M |
| YoY Change | -53.69% | 482.16% |
| Net Earnings / Revenue | -81.59% | -139.72% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$878.1K | -$1.903M |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2009 | 2008 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $460.2M | $345.9M |
| YoY Change | 33.04% | -21.55% |
| Cash & Equivalents | $289.1M | $116.2M |
| Short-Term Investments | $171.1M | $229.6M |
| Other Short-Term Assets | $8.800M | $8.600M |
| YoY Change | 2.33% | -56.78% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $900.0K | $1.500M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $470.0M | $355.9M |
| YoY Change | 32.06% | -23.08% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $39.00M | $22.30M |
| YoY Change | 74.89% | -9.35% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $9.700M | $7.500M |
| YoY Change | 29.33% | -93.86% |
| Total Long-Term Assets | $85.90M | $41.50M |
| YoY Change | 106.99% | -74.79% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $470.0M | $355.9M |
| Total Long-Term Assets | $85.90M | $41.50M |
| Total Assets | $555.9M | $397.4M |
| YoY Change | 39.88% | -36.65% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $9.000M | $6.400M |
| YoY Change | 40.63% | -43.36% |
| Accrued Expenses | $11.60M | $24.10M |
| YoY Change | -51.87% | -33.43% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $136.0M | $0.00 |
| YoY Change | ||
| Total Short-Term Liabilities | $186.2M | $36.10M |
| YoY Change | 415.79% | -35.77% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $112.0M | $125.5M |
| YoY Change | -10.76% | -21.56% |
| Other Long-Term Liabilities | $2.300M | $2.900M |
| YoY Change | -20.69% | -29.27% |
| Total Long-Term Liabilities | $114.3M | $128.4M |
| YoY Change | -10.98% | -21.76% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $186.2M | $36.10M |
| Total Long-Term Liabilities | $114.3M | $128.4M |
| Total Liabilities | $300.5M | $164.4M |
| YoY Change | 82.79% | -25.37% |
| 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 | $255.3M | $232.9M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $555.9M | $397.4M |
| YoY Change | 39.88% | -36.65% |
Cashflow Statement
| Concept | 2009 | 2008 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$92.20M | -$199.1M |
| YoY Change | -53.69% | 482.16% |
| Depreciation, Depletion And Amortization | $13.70M | $15.60M |
| YoY Change | -12.18% | -5.45% |
| Cash From Operating Activities | -$40.60M | -$38.50M |
| YoY Change | 5.45% | -826.42% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$5.200M | -$10.20M |
| YoY Change | -49.02% | 21.43% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $29.70M | $92.90M |
| YoY Change | -68.03% | 123.86% |
| Cash From Investing Activities | $24.50M | $82.70M |
| YoY Change | -70.37% | 149.1% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 188.9M | -47.50M |
| YoY Change | -497.68% | -725.0% |
| NET CHANGE | ||
| Cash From Operating Activities | -40.60M | -38.50M |
| Cash From Investing Activities | 24.50M | 82.70M |
| Cash From Financing Activities | 188.9M | -47.50M |
| Net Change In Cash | 172.8M | -3.300M |
| YoY Change | -5336.36% | -107.16% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$40.60M | -$38.50M |
| Capital Expenditures | -$5.200M | -$10.20M |
| Free Cash Flow | -$35.40M | -$28.30M |
| YoY Change | 25.09% | -306.57% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2009 | us-gaap |
Contract Revenue Cost
ContractRevenueCost
|
6876000 | USD |
| CY2010 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
119475000 | USD |
| CY2010 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
112456000 | shares |
| CY2008 | us-gaap |
Contract Revenue Cost
ContractRevenueCost
|
21303000 | USD |
| CY2010 | us-gaap |
Contract Revenue Cost
ContractRevenueCost
|
6937000 | USD |
| CY2008 | us-gaap |
Restructuring Charges
RestructuringCharges
|
4185000 | USD |
| CY2008 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
124077000 | USD |
