2016 Q4 Form 10-Q Financial Statement

#000156459016026439 Filed on October 28, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2015 Q3
Revenue $420.6M $444.0M
YoY Change 0.32% -9.65%
Cost Of Revenue $351.9M $366.4M
YoY Change 2.12% -14.06%
Gross Profit $68.72M $77.60M
YoY Change -7.99% 19.2%
Gross Profit Margin 16.34% 17.48%
Selling, General & Admin $34.80M $26.20M
YoY Change -15.53% -17.48%
% of Gross Profit 50.64% 33.76%
Research & Development $13.80M $12.60M
YoY Change 4.55% 13.51%
% of Gross Profit 20.08% 16.24%
Depreciation & Amortization $19.80M $16.80M
YoY Change 14.45% 9.09%
% of Gross Profit 28.81% 21.65%
Operating Expenses $52.80M $38.80M
YoY Change -3.12% 22.21%
Operating Profit $9.932M $38.79M
YoY Change -50.89% 74.33%
Interest Expense -$3.350M -$3.837M
YoY Change -11.21% -234.82%
% of Operating Profit -33.73% -9.89%
Other Income/Expense, Net
YoY Change
Pretax Income $7.009M $33.11M
YoY Change -53.46% 81.66%
Income Tax -$1.400M $8.200M
% Of Pretax Income -19.97% 24.76%
Net Earnings $8.417M $24.91M
YoY Change -34.61% 84.66%
Net Earnings / Revenue 2.0% 5.61%
Basic Earnings Per Share
Diluted Earnings Per Share $0.36 $1.09
COMMON SHARES
Basic Shares Outstanding 22.40M 22.30M
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q4 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $225.7M $160.5M
YoY Change 28.17% 80.95%
Cash & Equivalents $225.7M $160.5M
Short-Term Investments
Other Short-Term Assets $22.73M $37.60M
YoY Change -2.89% 65.14%
Inventory $173.7M $179.9M
Prepaid Expenses
Receivables $263.4M $267.5M
Other Receivables $0.00 $0.00
Total Short-Term Assets $685.5M $645.4M
YoY Change 10.65% 5.97%
LONG-TERM ASSETS
Property, Plant & Equipment $582.7M $543.5M
YoY Change 4.91% 7.85%
Goodwill $25.31M
YoY Change 124.66%
Intangibles $22.34M
YoY Change 24.4%
Long-Term Investments $24.10M $19.40M
YoY Change 15.31% -0.51%
Other Assets $13.93M $9.800M
YoY Change 5.36% -24.27%
Total Long-Term Assets $668.3M $602.6M
YoY Change 8.0% 5.81%
TOTAL ASSETS
Total Short-Term Assets $685.5M $645.4M
Total Long-Term Assets $668.3M $602.6M
Total Assets $1.354B $1.248B
YoY Change 9.33% 5.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $158.3M $139.9M
YoY Change 23.1% -16.72%
Accrued Expenses $110.8M $88.40M
YoY Change 15.61% 30.04%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $28.15M $21.70M
YoY Change 49.71% -40.31%
Total Short-Term Liabilities $297.3M $250.0M
YoY Change 22.21% -8.19%
LONG-TERM LIABILITIES
Long-Term Debt $288.9M $319.8M
YoY Change -7.58% 39.77%
Other Long-Term Liabilities $119.4M $108.1M
YoY Change 4.0% 37.38%
Total Long-Term Liabilities $408.2M $427.9M
YoY Change -4.47% 39.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $297.3M $250.0M
Total Long-Term Liabilities $408.2M $427.9M
Total Liabilities $705.5M $696.5M
YoY Change 5.21% 20.13%
SHAREHOLDERS EQUITY
Retained Earnings $649.1M
YoY Change 11.87%
Common Stock $183.9M
YoY Change 8.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $70.94M
YoY Change 3.64%
Treasury Stock Shares $3.470M
Shareholders Equity $634.6M $551.6M
YoY Change
Total Liabilities & Shareholders Equity $1.354B $1.248B
YoY Change 9.33% 5.9%

Cashflow Statement

Concept 2016 Q4 2015 Q3
OPERATING ACTIVITIES
Net Income $8.417M $24.91M
YoY Change -34.61% 84.66%
Depreciation, Depletion And Amortization $19.80M $16.80M
YoY Change 14.45% 9.09%
Cash From Operating Activities $92.70M $45.20M
YoY Change 53.99% 51.17%
INVESTING ACTIVITIES
Capital Expenditures -$33.30M -$36.30M
YoY Change 14.83% 55.79%
Acquisitions
YoY Change
Other Investing Activities -$24.60M -$1.800M
YoY Change 1950.0% 20.0%
Cash From Investing Activities -$58.00M -$38.20M
YoY Change 92.05% 54.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -12.50M 74.80M
YoY Change -0.79% -871.13%
NET CHANGE
Cash From Operating Activities 92.70M 45.20M
Cash From Investing Activities -58.00M -38.20M
Cash From Financing Activities -12.50M 74.80M
Net Change In Cash 22.20M 81.80M
YoY Change 27.59% -1878.26%
FREE CASH FLOW
Cash From Operating Activities $92.70M $45.20M
Capital Expenditures -$33.30M -$36.30M
Free Cash Flow $126.0M $81.50M
YoY Change 41.26% 53.2%

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