2016 Q1 Form 10-Q Financial Statement

#000117891316004185 Filed on February 08, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q4 2015 Q2
Revenue $125.2M $124.8M $98.40M
YoY Change 44.91% 70.33% 120.63%
Cost Of Revenue $84.50M $86.25M $70.10M
YoY Change 34.77% 49.98% 95.81%
Gross Profit $40.70M $38.58M $28.30M
YoY Change 71.73% 144.48% 225.29%
Gross Profit Margin 32.51% 30.91% 28.76%
Selling, General & Admin $12.30M $11.02M $9.700M
YoY Change 46.43% 62.58% 46.97%
% of Gross Profit 30.22% 28.57% 34.28%
Research & Development $8.700M $8.299M $6.700M
YoY Change 58.18% 74.06% 45.65%
% of Gross Profit 21.38% 21.51% 23.67%
Depreciation & Amortization $1.100M $900.0K $700.0K
YoY Change 120.0% 50.0% 40.0%
% of Gross Profit 2.7% 2.33% 2.47%
Operating Expenses $21.00M $19.32M $16.40M
YoY Change 51.08% 67.32% 46.43%
Operating Profit $19.70M $19.26M $11.90M
YoY Change 101.02% 354.94% -576.0%
Interest Expense $2.000M -$1.000M -$1.700M
YoY Change -158.82% 100.0% 240.0%
% of Operating Profit 10.15% -5.19% -14.29%
Other Income/Expense, Net -$959.0K -$100.0K
YoY Change 109.39%
Pretax Income $21.80M $18.30M $10.10M
YoY Change 240.63% 384.72% -448.28%
Income Tax $1.000M -$5.802M $800.0K
% Of Pretax Income 4.59% -31.7% 7.92%
Net Earnings $20.80M $24.11M $9.300M
YoY Change 246.67% 614.22% -410.0%
Net Earnings / Revenue 16.61% 19.31% 9.45%
Basic Earnings Per Share $0.61
Diluted Earnings Per Share $466.4K $0.55 $244.1K
COMMON SHARES
Basic Shares Outstanding 40.22M shares 39.51M shares
Diluted Shares Outstanding 44.01M shares

Balance Sheet

Concept 2016 Q1 2015 Q4 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $128.1M $133.3M $144.8M
YoY Change -5.25% 460.08% 1377.55%
Cash & Equivalents $84.10M $106.2M $144.8M
Short-Term Investments $44.10M $27.10M
Other Short-Term Assets $19.50M $27.60M $7.500M
YoY Change -32.53% 288.73% 97.37%
Inventory $85.50M $87.40M $73.95M
Prepaid Expenses
Receivables $56.10M $46.69M $35.43M
Other Receivables $0.00 $0.00 $28.80M
Total Short-Term Assets $289.3M $295.0M $290.4M
YoY Change 5.7% 138.5% 319.23%
LONG-TERM ASSETS
Property, Plant & Equipment $26.20M $21.43M $14.72M
YoY Change 120.17% 189.57% 175.03%
Goodwill
YoY Change
Intangibles $758.0K $0.00
YoY Change
Long-Term Investments $43.60M $25.80M $500.0K
YoY Change 10800.0% 6350.0% 25.0%
Other Assets $6.500M $6.600M $0.00
YoY Change 266.67%
Total Long-Term Assets $77.10M $33.12M $529.0K
YoY Change 526.83% 245.03% -90.76%
TOTAL ASSETS
Total Short-Term Assets $289.3M $295.0M $290.4M
Total Long-Term Assets $77.10M $33.12M $529.0K
Total Assets $366.4M $349.6M $305.7M
YoY Change 28.11% 162.25% 307.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $45.10M $61.98M $80.68M
YoY Change 24.59% 42.15% 104.58%
Accrued Expenses $20.20M $20.00M $5.271M
YoY Change -65.41% -48.19% 87.78%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $81.40M $95.86M $105.6M
YoY Change -21.28% 0.79% 44.76%
LONG-TERM LIABILITIES
Long-Term Debt $2.300M $2.300M
YoY Change 15.0% 76.92%
Other Long-Term Liabilities $46.40M $40.50M $30.70M
YoY Change 54.15% 63.97% 73.45%
Total Long-Term Liabilities $48.70M $42.78M $33.12M
YoY Change 51.71% 64.53% 56.63%
TOTAL LIABILITIES
Total Short-Term Liabilities $81.40M $95.86M $105.6M
Total Long-Term Liabilities $48.70M $42.78M $33.12M
Total Liabilities $130.1M $138.6M $138.7M
YoY Change -3.99% 14.48% 47.43%
SHAREHOLDERS EQUITY
Retained Earnings -$81.45M -$120.0M
YoY Change -14.97%
Common Stock $4.000K $4.000K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $236.2M $210.9M $166.9M
YoY Change
Total Liabilities & Shareholders Equity $366.4M $349.6M $305.7M
YoY Change 28.11% 162.25% 307.55%

Cashflow Statement

Concept 2016 Q1 2015 Q4 2015 Q2
OPERATING ACTIVITIES
Net Income $20.80M $24.11M $9.300M
YoY Change 246.67% 614.22% -410.0%
Depreciation, Depletion And Amortization $1.100M $900.0K $700.0K
YoY Change 120.0% 50.0% 40.0%
Cash From Operating Activities $15.30M $13.20M $15.70M
YoY Change -217.69% 36.08% -420.41%
INVESTING ACTIVITIES
Capital Expenditures -$5.900M -$2.300M -$3.500M
YoY Change 13.46% 9.52% 400.0%
Acquisitions
YoY Change
Other Investing Activities -$32.60M -$52.70M -$200.0K
YoY Change 16200.0% 2827.78% 0.0%
Cash From Investing Activities -$38.50M -$55.00M -$3.600M
YoY Change 626.42% 1275.0% 350.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.100M 1.500M -2.500M
YoY Change -99.15% -109.09% -160.98%
NET CHANGE
Cash From Operating Activities 15.30M 13.20M 15.70M
Cash From Investing Activities -38.50M -55.00M -3.600M
Cash From Financing Activities 1.100M 1.500M -2.500M
Net Change In Cash -22.10M -40.30M 9.600M
YoY Change -119.82% 273.15% -700.0%
FREE CASH FLOW
Cash From Operating Activities $15.30M $13.20M $15.70M
Capital Expenditures -$5.900M -$2.300M -$3.500M
Free Cash Flow $21.20M $15.50M $19.20M
YoY Change -371.79% 31.36% -557.14%

Facts In Submission

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