2019 Q1 Form 10-Q Financial Statement

#000159767219000012 Filed on May 09, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q1
Revenue $441.1M $522.0M
YoY Change -15.5% 159.16%
Cost Of Revenue $433.4M $441.6M
YoY Change -1.86% 169.22%
Gross Profit $7.619M $68.91M
YoY Change -88.94% 84.41%
Gross Profit Margin 1.73% 13.2%
Selling, General & Admin $28.14M $23.19M
YoY Change 21.35% 147.7%
% of Gross Profit 369.39% 33.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $35.72M $36.74M
YoY Change -2.77% 70.63%
% of Gross Profit 468.87% 53.32%
Operating Expenses $28.14M $23.19M
YoY Change 21.35% 147.7%
Operating Profit -$27.60M $35.23M
YoY Change -178.33% 30.1%
Interest Expense $13.60M $14.99M
YoY Change -9.28% 69.85%
% of Operating Profit 42.56%
Other Income/Expense, Net $650.0K $842.0K
YoY Change -22.8% 75.05%
Pretax Income -$39.17M $34.30M
YoY Change -214.21% 94.68%
Income Tax -$11.19M $9.844M
% Of Pretax Income 28.7%
Net Earnings -$22.05M $24.46M
YoY Change -190.17% 153.63%
Net Earnings / Revenue -5.0% 4.68%
Basic Earnings Per Share -$0.52 $0.41
Diluted Earnings Per Share -$0.52 $0.38
COMMON SHARES
Basic Shares Outstanding 48.99M shares 51.13M shares
Diluted Shares Outstanding 48.99M shares 63.98M shares

Balance Sheet

Concept 2019 Q1 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $68.00M $89.10M
YoY Change -23.68% -74.18%
Cash & Equivalents $67.99M $89.08M
Short-Term Investments
Other Short-Term Assets $68.40M $77.40M
YoY Change -11.63% 159.73%
Inventory $346.8M $358.1M
Prepaid Expenses
Receivables $201.7M $180.3M
Other Receivables $0.00 $0.00
Total Short-Term Assets $684.9M $704.9M
YoY Change -2.84% 28.85%
LONG-TERM ASSETS
Property, Plant & Equipment $1.366B $1.409B
YoY Change -3.06% 78.95%
Goodwill
YoY Change
Intangibles $50.71M $57.72M
YoY Change -12.14%
Long-Term Investments
YoY Change
Other Assets $140.8M $129.8M
YoY Change 8.45% 162.51%
Total Long-Term Assets $1.971B $1.989B
YoY Change -0.94% 125.57%
TOTAL ASSETS
Total Short-Term Assets $684.9M $704.9M
Total Long-Term Assets $1.971B $1.989B
Total Assets $2.655B $2.694B
YoY Change -1.43% 88.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $167.9M $194.4M
YoY Change -13.65% 344.44%
Accrued Expenses $93.00M $95.20M
YoY Change -2.31% 84.5%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $15.26M $11.27M
YoY Change 35.38% 9.5%
Total Short-Term Liabilities $328.9M $342.2M
YoY Change -3.89% 154.0%
LONG-TERM LIABILITIES
Long-Term Debt $1.208B $1.226B
YoY Change -1.52% 59.02%
Other Long-Term Liabilities $23.03M $12.82M
YoY Change 79.6% 36.27%
Total Long-Term Liabilities $23.03M $12.82M
YoY Change 79.6% 36.27%
TOTAL LIABILITIES
Total Short-Term Liabilities $328.9M $342.2M
Total Long-Term Liabilities $23.03M $12.82M
Total Liabilities $351.9M $355.0M
YoY Change -0.87% 146.31%
SHAREHOLDERS EQUITY
Retained Earnings $433.3M $394.3M
YoY Change 9.88% 401.81%
Common Stock $498.0K $519.0K
YoY Change -4.05% 20.14%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $680.1M $722.0M
YoY Change
Total Liabilities & Shareholders Equity $2.655B $2.694B
YoY Change -1.43% 88.54%

Cashflow Statement

Concept 2019 Q1 2018 Q1
OPERATING ACTIVITIES
Net Income -$22.05M $24.46M
YoY Change -190.17% 153.63%
Depreciation, Depletion And Amortization $35.72M $36.74M
YoY Change -2.77% 70.63%
Cash From Operating Activities -$26.87M $32.52M
YoY Change -182.65% -13.86%
INVESTING ACTIVITIES
Capital Expenditures $30.75M $29.00M
YoY Change 6.03% 114.24%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$31.38M -$29.00M
YoY Change 8.19% 114.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $5.810M $2.929M
YoY Change 98.36% 1977.3%
Debt Paid & Issued, Net $1.661M
YoY Change -23.28%
Cash From Financing Activities $18.31M -$11.98M
YoY Change -252.82% 108.1%
NET CHANGE
Cash From Operating Activities -$26.87M $32.52M
Cash From Investing Activities -$31.38M -$29.00M
Cash From Financing Activities $18.31M -$11.98M
Net Change In Cash -$39.95M -$8.464M
YoY Change 371.96% -145.87%
FREE CASH FLOW
Cash From Operating Activities -$26.87M $32.52M
Capital Expenditures $30.75M $29.00M
Free Cash Flow -$57.63M $3.514M
YoY Change -1739.9% -85.48%

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48986272 shares

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