2016 Q1 Form 10-Q Financial Statement

#000076682916000068 Filed on May 02, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $61.10M $62.10M
YoY Change -1.61% 13.74%
Cost Of Revenue $7.700M $9.100M
YoY Change -15.38% -16.51%
Gross Profit $53.40M $53.00M
YoY Change 0.75% 21.28%
Gross Profit Margin 87.4% 85.35%
Selling, General & Admin $11.30M $11.30M
YoY Change 0.0% 18.95%
% of Gross Profit 21.16% 21.32%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.60M $10.56M
YoY Change 9.84% 6.85%
% of Gross Profit 21.72% 19.92%
Operating Expenses $42.80M $40.20M
YoY Change 6.47% 6.91%
Operating Profit $10.58M $12.81M
YoY Change -17.37% 111.51%
Interest Expense $5.435M $5.652M
YoY Change -3.84% 16.06%
% of Operating Profit 51.37% 44.14%
Other Income/Expense, Net $309.0K $293.0K
YoY Change 5.46% 33.18%
Pretax Income $5.500M $7.489M
YoY Change -26.56% 410.5%
Income Tax $2.122M $2.794M
% Of Pretax Income 38.58% 37.31%
Net Earnings $3.378M $4.695M
YoY Change -28.05% 418.21%
Net Earnings / Revenue 5.53% 7.56%
Basic Earnings Per Share $0.17 $0.23
Diluted Earnings Per Share $0.16 $0.23
COMMON SHARES
Basic Shares Outstanding 20.41M shares 20.33M shares
Diluted Shares Outstanding 20.56M shares 20.48M shares

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.700M $5.400M
YoY Change 61.11% 74.19%
Cash & Equivalents $8.692M $5.417M
Short-Term Investments
Other Short-Term Assets $4.331M $34.60M
YoY Change -87.48% 72.14%
Inventory $1.300M
Prepaid Expenses $2.543M
Receivables $13.80M $17.57M
Other Receivables $4.100M $4.300M
Total Short-Term Assets $62.63M $63.15M
YoY Change -0.83% 54.96%
LONG-TERM ASSETS
Property, Plant & Equipment $61.29M $61.87M
YoY Change -0.94% -2.37%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $6.900M $6.400M
YoY Change 7.81% -30.43%
Other Assets $7.754M $6.542M
YoY Change 18.53% 1.62%
Total Long-Term Assets $165.2M $175.4M
YoY Change -5.81% 68.8%
TOTAL ASSETS
Total Short-Term Assets $62.63M $63.15M
Total Long-Term Assets $165.2M $175.4M
Total Assets $1.356B $1.274B
YoY Change 6.41% 13.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $19.12M $11.78M
YoY Change 62.33% 10.04%
Accrued Expenses $18.60M $18.00M
YoY Change 3.33% 1.69%
Deferred Revenue
YoY Change
Short-Term Debt $39.50M $11.70M
YoY Change 237.61% -68.38%
Long-Term Debt Due $14.78M $613.0K
YoY Change 2311.26% 14.15%
Total Short-Term Liabilities $97.82M $48.65M
YoY Change 101.05% -32.36%
LONG-TERM LIABILITIES
Long-Term Debt $365.8M $384.2M
YoY Change -4.78% 14.73%
Other Long-Term Liabilities $10.18M $5.883M
YoY Change 73.04% 8.74%
Total Long-Term Liabilities $376.0M $390.1M
YoY Change -3.61% 14.63%
TOTAL LIABILITIES
Total Short-Term Liabilities $97.82M $48.65M
Total Long-Term Liabilities $376.0M $390.1M
Total Liabilities $473.8M $438.7M
YoY Change 8.0% 6.43%
SHAREHOLDERS EQUITY
Retained Earnings $301.4M $281.5M
YoY Change 7.09% 16.62%
Common Stock $79.93M $77.48M
YoY Change 3.16% 4.13%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $384.2M $361.5M
YoY Change
Total Liabilities & Shareholders Equity $1.356B $1.278B
YoY Change 6.08% 13.69%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income $3.378M $4.695M
YoY Change -28.05% 418.21%
Depreciation, Depletion And Amortization $11.60M $10.56M
YoY Change 9.84% 6.85%
Cash From Operating Activities $32.57M $27.17M
YoY Change 19.9% 72.6%
INVESTING ACTIVITIES
Capital Expenditures -$33.00M -$18.10M
YoY Change 82.32% -32.46%
Acquisitions
YoY Change
Other Investing Activities -$1.500M -$3.400M
YoY Change -55.88% 240.0%
Cash From Investing Activities -$34.49M -$21.47M
YoY Change 60.64% -22.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $152.0K $147.0K
YoY Change 3.4% 6.52%
Cash From Financing Activities $5.366M -$2.681M
YoY Change -300.15% -120.79%
NET CHANGE
Cash From Operating Activities $32.57M $27.17M
Cash From Investing Activities -$34.49M -$21.47M
Cash From Financing Activities $5.366M -$2.681M
Net Change In Cash $3.453M $3.018M
YoY Change 14.41% 268.5%
FREE CASH FLOW
Cash From Operating Activities $32.57M $27.17M
Capital Expenditures -$33.00M -$18.10M
Free Cash Flow $65.57M $45.27M
YoY Change 44.86% 6.41%

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1237000 USD
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3095000 USD
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21389000 USD
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CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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20413745 shares

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